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

Published Online:pp 41-60https://doi.org/10.1504/IJBPSCM.2009.026265

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