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Axel Faix
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Faix
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Axel
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+41 71 224 7267
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Item type:Publication, Towards Financial Resilience in Manufacturing Companies : A Toolbox for the Mitigation of Consumption Factors' Market Price Risks(2014-06-24); ; In recent years, market price risks of industrial consumption factors have become a major issue of manufacturing companies. The aim of this paper is to provide an overview on existing market price risk mitigation strategies to support manufacturing practitioners in making their company more resilient to this risk type and to provide a theoretical basis for future research. Based on a literature review, an explorative industry study, and 8 semi-structured interviews, we identified 34 market price risk mitigation strategies. Following Tang (2006), we clustered these strategies and built up a toolbox for the mitigation of consumption factors' market price risks.Type:conference paper