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Risk Management in the Air Cargo Industry

Author: Paul Hertwig

Publisher: Diplomica Verlag

Published: 2010-02

Total Pages: 97

ISBN-13: 3836685779

This paper discusses risk management approaches in the air cargo industry. It gives a concise overview of developments, business practices and complexities of the air cargo industry and draws cross-references to comparable industries. It introduces supply contracts for capacity and the inherent risks in the shipping process. Based on that, approaches to mitigate risk are studied. The work elaborates on the historically grown research field of revenue management and puts emphasis on the discipline of overbooking in the air cargo sector. Capacity options and financial intermediation are presented as more innovative approaches for capacity risk management. The application of these various risk management methods is evaluated in an expert study among air cargo industry professionals from different market perspectives. With that, obstacles to the successful implementation are identified and potential solutions are named.

Risk Management Handbook

Author: Federal Aviation Administration

Publisher: Simon and Schuster

Published: 2012-07-03

Total Pages: 267

ISBN-13: 1620874598

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Every day in the United States, over two million men, women, and children step onto an aircraft and place their lives in the hands of strangers. As anyone who has ever flown knows, modern flight offers unparalleled advantages in travel and freedom, but it also comes with grave responsibility and risk. For the first time in its history, the Federal Aviation Administration has put together a set of easy-to-understand guidelines and principles that will help pilots of any skill level minimize risk and maximize safety while in the air. The Risk Management Handbook offers full-color diagrams and illustrations to help students and pilots visualize the science of flight, while providing straightforward information on decision-making and the risk-management process.

Finance and Risk Management for International Logistics and the Supply Chain

Author: Stephen Gong

Publisher: Elsevier

Published: 2018-08-23

Total Pages: 344

ISBN-13: 0128138319

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Finance and Risk Management for International Logistics and the Supply Chain presents a detailed overview of financial and risk management tools, activity-based costing, and multi-criteria decision-making, providing comprehensive guidance for those researching and working in logistics and supply chain management. The book breaks new ground, combining the expertise of leading authorities to analyze and navigate the funding components for these critical transportation functions. As the international logistics and supply chain transportation fields have recently received heavy investments, this research and the theory behind it provide a timely update on risk management, finance and legal and environmental impacts. Users will find sections that address the wide-ranging issues related to this emerging field that are presented from an international and holistic perspective. - Provides a valuable reference covering the full slate of financial issues of interest to global players in the international transport, logistics and supply chain industries - Covers a truly international perspective, addressing a diverse variety of worldwide transport, logistics and supply chain contexts - Features finance and risk-management strategies related to the banking industry, exchange rates, fuel prices, climate-related funding, freight derivatives and legal aspects

Aviation Security

Author: Cathleen A. Berrick

Publisher: DIANE Publishing

Published: 2006-03

Total Pages: 98

ISBN-13: 9781422304426

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In 2004, an estimated 23 billion pounds of air cargo (AC) was transported within the U.S., about a quarter of which was transported on passenger aircraft. Within the Dept. of Homeland Security, the Transportation Security Admin. (TSA) is responsible for ensuring the security of commercial aviation, incl. AC. To evaluate the status of TSA's efforts to secure domestic AC, this report examined: (1) the extent to which TSA used a risk management approach to guide decisions on securing AC; (2) the actions TSA has taken to ensure the security of AC & the factors that may limit their effectiveness; & (3) TSA's plans for enhancing AC security & the challenges that TSA & industry stakeholders face in implementing these plans. Illustrations.

Risk Management and Corporate Sustainability in Aviation

Author: Dr Ayse Kucuk Yilmaz

Publisher: Ashgate Publishing, Ltd.

Published: 2012-10-01

Total Pages: 253

ISBN-13: 1409486788

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Sustainability factors should be considered by managers like any other business risk issue; these factors are expected to have a substantial impact on corporate management. Air transport corporations need a strong sustainability management framework to effectively manage economic, environmental and social risks to achieve their corporate sustainability objectives, and to meet their stakeholders' demands. This book offers a new Enterprise Sustainability Risk Management (ESRM) model to fulfill these requirements. In the model presented, the triple bottom line (TBL) agenda is incorporated into the companies' sustainability management. ESRM deals with the environmental, social, and ecological risks as well as the strategic, economic, operational, and threat risks of companies. The best corporate sustainability strategies and management approaches require the consideration of all corporate risks in both a holistic and systematic way. Flouris and Kucuk Yilmaz present an effective way to manage sustainability risks via a new, well-designed, integrated, dynamic and flexible framework. It introduces an opportunity for turning risks into potential corporate advantages. Risk Management and Corporate Sustainability in Aviation is addressed to professionals, students and researchers within air transportation business management and risk management.

Supply Chain Risk Management

Author: John Manners-Bell

Publisher: Kogan Page Publishers

Published: 2017-11-03

Total Pages: 329

ISBN-13: 0749480165

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WINNER: ACA-Bruel 2014 - Special Mention Prize (1st edition) With increased outsourcing, globalization, and just-in-time production, the ability to effectively identify, assess and manage risks in the supply chain is more important than ever. Supply Chain Risk Management is a practical learning resource which explores a wide range of external threats to the supply chain such as natural disasters, economic risk, terrorism and piracy. An ideal companion to academic and professional training courses, it presents a robust set of strategies which can minimize and mitigate supply chain risk. Supply Chain Risk Management includes numerous best practice case studies, with each case documenting the company's supply chain or production strategy and outlining the catastrophic event which occurred. This comprehensive second installment of Supply Chain Risk, which won the 2014 ACA-Bruel Special Mention prize, analyses the supply chain consequences, material losses, management response, and resultant changes to a company's supply chain strategy. With a new chapter on cyber threats to supply chains, Supply Chain Risk Management also includes academic pedagogy such as objectives, summaries and a key point checklist in each chapter.

Global Logistics and Supply Chain Strategies for the 2020s

Author: Rico Merkert

Publisher: Springer Nature

Published: 2022-12-08

Total Pages: 406

ISBN-13: 3030957640

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Logistics and supply chain management is facing disruptive economic, technological and climate change developments that require new strategies. New technologies such as the Internet-of-Things, digital manufacturing or blockchain are emerging quickly and could provide competitive advantage to those companies that leverage the technologies smartly while managers that do not adopt and embrace change could be left behind. Last but perhaps most important for mankind, sustainability aspects such as low-carbon transportation, closed loop supply chains or socially-responsible supply chain setups will become essential to operate successfully in the future. All these aspects will affect logistics and supply chains as a whole as well as different functional areas such as air cargo, maritime logistics or sourcing/procurement. This book aims to dive into several of these functional topics to highlight the key developments in the next decade predicted by leading global experts in the field. It features contributions and key insights of globally leading scholars and senior industry experts. Their forward-looking perspectives on the anticipated trends are aimed at informing the reader about how logistics and supply chain management will evolve in the next decade and which academic qualities and skills will be required to succeed in the "new normal" environment that will be characterized by volatile and increasingly disrupted business eco-systems. Future scenarios are envisaged to provide both practitioners and students with insights that will help them to adapt and succeed in a fast changing world.

Air Cargo Management

Author: Michael Sales

Publisher: Routledge

Published: 2016-12-16

Total Pages: 255

ISBN-13: 1317216113

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Air Cargo Management provides a comprehensive and lively overview of the air cargo industry, which is both economically and strategically important in the field of logistics, world trade and supply chain management. This new edition builds on the success of the previous edition, focusing on the role of air freight in the global supply chain, including areas such as: the main players in the industry; regulations and restrictions; and terrorism management. Updates to this edition include: the role of E-Commerce and its changing influence on the industry; a new chapter on crime, security and terrorism; updated case studies, and new contributors providing professional insight from the industry. Enriched throughout with international case studies and contributions from industry experts, Air Cargo Management provides a practical approach. It is the perfect companion for undergraduate students studying air logistics, transportation logistics, air cargo and supply chain management. Professionals and managers in the field will also find Sales’ easy style and industry insights useful and applicable to their practice.