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Understanding and managing commodity price risk is important for organizations and supply chain professionals due to the significant direct financial effects price volatility has on profitability, organizational cash flow, the ability to competitively price products, new product design, buyer–supplier relationships, and the negotiation process.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50386980307217,"sku":"CIN1631570633G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52145597382929,"sku":"NLS9781631570636","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52752257876241,"sku":"NIN9781631570636","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1631570633.jpg?v=1751246630"},{"product_id":"managing-commodity-price-risk-a-supply-chain-perspective-book-george-a-zsidisin-9781606492628","title":"Managing Commodity Price Risk: A Supply Chain Perspective","description":"Every business is exposed to financial risk stemming from commodity price volatility. Risk exposure may be direct from the prices paid for raw materials needed for operations or indirect from higher energy and transportation costs. The purpose of this book is to provide an approach that organizations can implement to manage commodity price volatility and reduce their exposure to financial risk. This topic is important for current and future supply chain professionals due to the significant direct financial effects that price volatility has on profitability, organizational cash flow, the ability to competitively price products, new product design, buyer-supplier relationships, and effective negotiating.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52332297584913,"sku":"NLS9781606492628","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":53252266197265,"sku":"NIN9781606492628","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781606492628.jpg?v=1758151172"},{"product_id":"supply-chain-risk-book-george-a-zsidisin-9781441946454","title":"Supply Chain Risk","description":"Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. Supply Chain Risk: A Handbook of Assessment, Management, and Performance will focus on how to assess, evaluate, and control these various risks.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52332715049233,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52332715835665,"sku":"NLS9781441946454","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781441946454.jpg?v=1758152493"},{"product_id":"supply-chain-risk-book-george-a-zsidisin-9780387799339","title":"Supply Chain Risk","description":"Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. 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The detrimental results of failing to manage supply chain risk includes, but is not limited to, disruptions that lead to the inability of firms to meet customer requirements, increased costs due to holding excessive inventory, paying employee overtime and expediting orders, financial losses due to increases in commodity prices and unfavorable exchange rates, and tarnishing firm reputation due to poor performance. Although supply chain risk can detrimentally affect firms in many ways, there are approaches organizations can implement for identifying, assessing, and managing risk in order to foster resiliency.     This work focuses on strategic sourcing approaches for identifying, assessing and managing supply chain risk. 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