Title: Using inventory to handle risks in the supply of oil to Nepal

Authors: Biju Kr. Thapalia, Stein W. Wallace, Michal Kaut

Addresses: Molde University College, P.O. Box 2110, NO-6402 Molde, Norway. ' Molde University College, P.O. Box 2110, NO-6402 Molde, Norway. ' Molde University College, P.O. Box 2110, NO-6402 Molde, Norway

Abstract: Nepal|s unique geographical features, frequent political disturbances, strikes, a limited and complicated road network, frequent road breakdowns, government interventions as well as a volatile international oil market make the supply chain of Nepal Oil Corporation (NOC) rather unique. We analyse different risks in the NOC supply chain and discuss what can be done to find inventory strategies that handle these risks without a particular focus on one specific scenario.

Keywords: supply chain management; SCM; stochastic programming; uncertainty; linear programming; inventory strategies; risk management; oil supply; Nepal; supply chain risks.

DOI: 10.1504/IJBPSCM.2009.026265

International Journal of Business Performance and Supply Chain Modelling, 2009 Vol.1 No.1, pp.41 - 60

Published online: 31 May 2009 *

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