Managing Supply Chain and Logistics: Competitive Strategy for a Sustainable Future explores practical ways of investing in a sustainable future through real-world cases which demonstrate various supply chain management strategies and tactics. By applying viable value creation strategies, operational models, decision-making techniques, and information technology, the author provides in-depth analyses of new initiatives such as collaborative planning, forecasting, and replenishment (CPFR); demonstrates competitive approaches to managing flows of material, information and fund in supply chain; and illustrates creative methods to apply data science and business intelligence. This book also promotes cross-functional decision-making, problem solving skills and offers a feasible approach to managing a volatile business. Readers will find this book a valuable resource to solve supply chain management practical problems with a sustainable future in mind.
To improve the performance of your supply chains requires analysis of the collected data. ERP and other applications used in supply chains often do not contain relevant tools that assist with the analysis of data.
Beyond multisourcing, some companies want to reduce geographic dependence in their global networks and shorten cycle times for finished products. Regional or local supply chains can be more expensive, because they add more players and complexity to the ecosystem, but they allow for more control over inventory and move the product closer to the end consumer.
Gartner survey data shows that around half of supply chain organizations are either using external manufacturers or exploring how they can support product moves, with a similar proportion engaging logistics partners for this purpose.
This reference book is best suitable for courses of MBA, engineering master, or undergraduates in the field of supply chain management. This supply chain management book is written by Sunil Chopra, whose one of the research interests lies in supply chain and logistics management. Reaching its seventh edition, this book provides readers with all the necessary practical tools needed to solve supply chain problems while using a strategic framework.
Written by Joel D. Wisner who has given improved strategies in the field of the supply chain and a number of his articles have been published in journals. Students are taken through a well-balanced approach in the field of supply chain management. Important processes beginning from the operations, purchasing, logistics up to process integration can be reviewed.
This book is written by Paul Myerson, who has more than 25 years of experience in the operations, strategies, and systems of supply chain management and has improved companies such as Unilever, General Electric, and so on. The book is a practical guide to organize your supply chain and logistics function, also providing advanced lean tools and lean implementation methodology. The implementation of these factors is assured to give you success.
This reference book focuses on the core concepts and operations in the field of supply chains, with the help of analysis of data to solve all business problems. The core of every business is its operations and supply chain management, this book tackles all your needs in this field.
This book deals with the complete management of supply chains that are segregated into for parts beginning from the foundation, the strategies, and challenges related to administration and operational integration of logistics. This book also contains case studies, illustrated examples and questions that will help you enhance your business.
There has also never been a greater time to assess the threats to your supply chain, manage risks, and prepare for the next disruption. Unfortunately, many business practices take a reactive approach to disruptions. When they are hit by a sudden disruption, they build a temporary task force to manage the issue, which wastes a lot of precious time.
In light of the COVID-19 pandemic, the push to establish a systematic supply chain risk-management approach is more relevant. Tools like the Internet of Things (IoT), cloud computing, and 5G make it possible to create new data sources from the physical attributes of a supply chain. But no amount of technology can make up for a risk-aware culture among employees.
The goal of every supply chain risk mitigation strategy should be to improve quality, speed, and visibility throughout the supply chain. Though every strategy is unique, they are all tailored to the individual needs of a business. The below section outlines five strategies you can employ to make your supply chains more resilient.
When risk management protocols integrate into the supply chain and employee culture, the costs of running a supply chain during a disruption come down considerably. In fact, supply chains work best when there are robust cost controls on things like:
Effective development and management of a supply chain network is an invaluable source of sustainable advantage in today's turbulent global marketplace, where demand is difficult to predict and supply chains need to be more flexible as a result.
Supply Chain Management at Warp Speed: Integrating the System from End to End Supply, the sequel to Manufacturing at Warp Speed, is the first book to describe, in detail, the application of the TOC approach to assured availability in distribution, for both original equipment manufacturers and retailers. The book refines and updates the former approach to production management with new ideas and integrates the Theory of Constraints (TOC) method for production, from make-to-order to make-to-stock and make-to-availability. The book presents the TOC approach to distribution and explains the TOC vision for managing the whole supply chain. Fully illustrated, with numerous examples, case studies, and manufacturing scenarios, the book provides TOC practitioners with the tools needed to address the performance issues of the entire supply chain and develop solutions that represent a win for the end-user as well as for stakeholders along the entire supply chain.
Logistics and supply chain management has been an important part of all economies and business, and both sciences have become well-regarded areas of research over the past few years. The studies and discussions in the book, and the focus on the major players involved in logistics outsourcing to outside companies, are intended to analyze logistics outsourcing services from the perspective of providers and their clients, promote best practices, offer final results of research on the deployment of outsourcing practice, define industry trends, and define outsourcing and its primary parameters.
The last chapter of the book brings together the individual methods plus other tasks necessary to manage a global supply chain. Because of our approach there is some necessary redundancy, but the degree of detail varies according to the focus of the chapter. For example, we introduce the SCOR model in a couple of early chapters but it is not discussed in detail until Chapter 7.
A centralized network platform means the ability to connect everyone in your supply chain to one another, allowing the same information to be accessible by all parties. With true end-to-end connection, a supply chain has the ability to approach real-time visibility.
All parts of a centralized platform communicate with each other, giving data higher value and effectiveness. This leads to greater responsiveness, resilience, and cohesive corporate culture across globalized supply chains. In response, organizations can better predict problems and react to changes in market demand.
But there were risks involved. Supplier quality problems 6 introduction managing risk in the global supply chain 9 When Boeing rolled out its new 787 Dreamliner in 2007, 90 percent of value added occurred outside the US.
To address the complex challenges of reducing logistics costs, optimising transport use and reducing inventories, Supply Chain players can no longer manage all of their logistics operations individually. To remain efficient, companies must make their individual value chain collaborative. The solution Mutualize the means, give global visibility to each stakeholder and ensure synchronization at all levels including customers, manufacturers, and providers.There are numerous benefits to Shared Supply Management (SSM). This strategy helps improve the management of logistics activities and delegates the supply load, but also can increase business volumes or reduce returns and waste.
Digital supply chains are distributed and complex. Providers that appear to have little to do with the delivery of a digital product can still act as points of entry for cyber attacks, and must be considered part of the digital supply chain.
Global SCM: The combination of global manufacturing with supply chain management, which must account for tariffs and local taxes as goods and services travel internationally to ultimately provide greater value at the end of the chain. SAP SCM: Systems, Applications, and Products (SAP) is a software company that revolutionized logistics and enterprise resource planning. It provides an automated way to manage supply chain networking, supply chain planning, and supply chain execution, along with production planning, business forecasting, and demand planning. Logistics and SCM: The art of coordinating efforts between every member of the supply chain to get products from their source to the consumer. Purchasing and SCM: The focus on the monetary aspect of SCM, from costs to value added at each link in the supply chain.
In Leveraging Supply Chain Management to Drive Organizational Success, authors Ted Stank and Shay Scott break from the traditional approach to reimagine supply chain management as a strategic weapon that benefits all aspects of business, from enhancing customer experience and consumer value to improving capital asset management and speeding cash flows through the supply chain. 153554b96e