Currency Risk Management Strategies for Contracting with Japanese Suppliers

Joseph R. Carter; Shawnee K. Vickery; Michael P. D'Itri

doi:10.1111/j.1745-493X.1993.tb00009.x

Currency Risk Management Strategies for Contracting with Japanese Suppliers

Joseph R. Carter, Shawnee K. Vickery, Michael P. D'Itri

Research output: Contribution to journal › Article › peer-review

8 Scopus citations

Abstract

This article presents the results of an experimental examination of the performance of various active and passive approaches to managing foreign exchange risk in international sourcing. The experiment used a simulation methodology which encompassed thousands of sourcing transactions for a selected currency, the Japanese Yen, over a period of several years. Based on the results of this experiment, the authors have delineated a set of guidelines for the management of foreign exchange risk for U.S. firms sourcing overseas and using the Japanese Yen as the currency exchange medium.

Original language	English (US)
Pages (from-to)	18-25
Number of pages	8
Journal	International Journal of Purchasing and Materials Management
Volume	29
Issue number	2
DOIs	https://doi.org/10.1111/j.1745-493X.1993.tb00009.x
State	Published - Jun 1993
Externally published	Yes

ASJC Scopus subject areas

Information Systems
Economics, Econometrics and Finance (miscellaneous)
Marketing
Management Information Systems

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10.1111/j.1745-493X.1993.tb00009.x

Cite this

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abstract = "This article presents the results of an experimental examination of the performance of various active and passive approaches to managing foreign exchange risk in international sourcing. The experiment used a simulation methodology which encompassed thousands of sourcing transactions for a selected currency, the Japanese Yen, over a period of several years. Based on the results of this experiment, the authors have delineated a set of guidelines for the management of foreign exchange risk for U.S. firms sourcing overseas and using the Japanese Yen as the currency exchange medium.",

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AU - Vickery, Shawnee K.

AU - D'Itri, Michael P.

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N2 - This article presents the results of an experimental examination of the performance of various active and passive approaches to managing foreign exchange risk in international sourcing. The experiment used a simulation methodology which encompassed thousands of sourcing transactions for a selected currency, the Japanese Yen, over a period of several years. Based on the results of this experiment, the authors have delineated a set of guidelines for the management of foreign exchange risk for U.S. firms sourcing overseas and using the Japanese Yen as the currency exchange medium.

AB - This article presents the results of an experimental examination of the performance of various active and passive approaches to managing foreign exchange risk in international sourcing. The experiment used a simulation methodology which encompassed thousands of sourcing transactions for a selected currency, the Japanese Yen, over a period of several years. Based on the results of this experiment, the authors have delineated a set of guidelines for the management of foreign exchange risk for U.S. firms sourcing overseas and using the Japanese Yen as the currency exchange medium.

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Currency Risk Management Strategies for Contracting with Japanese Suppliers

Abstract

ASJC Scopus subject areas

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