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Study on the Crises of Supply Chain Management Under the Milk Powder Event |
LI Shi-hua TANG De-shan |
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Abstract The outbreak of the milk powder event brings about a reflection on supply chain management, especially on the crisis factors in supply chain management. When one of links in the supply chain faces crises, the linkage effect of crises is formed immediately, and it endangers all enterprises in the supply chain. This paper studies the internal and external crises factors in supply chain management, as well as the adverse selection and moral hazard under principal-agent relationship. Meanwhile, taking the Sanlu as an example we empirically analyze the reasons why crises happen in Sanlu's supply chain management.
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Received: 12 December 2008
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Corresponding Authors:
LI Shi-hua
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