This work presents a practical framework for students to apply the way that firms manage the enterprise-wide functions of purchasing and supply in today's business environment.
This title provides expert advice on enabling the faster adoption of the right strategies, processes and tools and best practices, as well as exploring both new and existing strategies and technology across the entire supplier interface. It also addresses the practical issues surrounding implementation, from planning and training to results tracking.
The best-selling textbook presents a practical framework for students to apply how firms actually manage the enterprise-wide functions of purchasing and supply in today's business environment. New chapters have been added to the beginning and end of the text, to frame the new discussion of supply chain issues. The book has also been thoroughly updated to reflect the realities of purchasing and supply management in the digital age.
Thanks to the development of internet- and network-based information and communication systems, virtually every product and service produced today has a supply chain that extends around the globe. For the last twenty-five years, companies such as Wal-Mart, Dell, and Toyota have enjoyed strong competitive advantages in their respective markets as a result of their world-class supply chains. As the supply chain increasingly lengthens, managers at all levels of the organization must understand the unique challenges of working with suppliers and customers located around the world--and the opportunities that can build new competitive advantages. This book will introduce readers at all levels of experience to cutting-edge methods and strategies for global sourcing and global distribution through the discussion of current research and case study vignettes from companies in every corner of the world.
This book provides a clear understanding of performance improvement opportunities and what is at stake if these opportunities are overlooked. It outlines a powerful and logical approach for assessing the state-of-play in any organization, and offers ways to estimate the specific opportunities related to implementing a change in strategy and practices. It also details a comprehensive framework for organizing the transformation plan across multiple dimensions, and gives advice on which areas to focus on first in order to build and ensure success.
This edition of Supply Chain Management (SCM) was revised to appeal to a wider readership besides students taking SCM courses. Global supply chain managers and researchers in the fields of SCM and operations strategy would find it a useful reference. Rather than discuss the technical issues of SCM, the book focuses on the strategic perspectives and approaches of SCM. Students learn to identify SCM issues from the top management's perspective. The book also presents real-world managerial problems and incorporates case studies for connecting theories with practices. By exploring the fundamental issues of SCM, managers acquire a new learning perspective that enables them to solve problems in a more sustainable and innovative manner rather than use short-term, ad hoc solutions. Finally, it distils various theoretical concepts to allow researchers to observe real SCM issues in a managerial context which allows for practical, meaningful and impactful research to be carried out.
In most board rooms today, the pressure to continuously shrink the distance from gross revenue to net operating profit and consistently improve ROIC is acute. Many have realized and many more are beginning to realize that a well-integrated and managed supply chain is a major driver of continuously improving results. Advanced Supply Management Strategy and Execution makes the tie between competitive survival and supply chain leadership, maturity of process, and associated results. It clearly defines how to achieve and maintain a supply chain leadership position by focusing on real-world execution and detailed integration of specific actions and process techniques. These distinguished experts and accomplished authors have gathered the nuggets of success from many international firms and combined them into a winning formula, not available in other books, that has been achieved by the select few. This unique, how to guide brings the opportunity within the sub-processes of procurement and supply management into focus and includes both the hard side and soft side of the continuous process transformation. The real-world concepts, deployment examples, and illustrations are practical and explained with precision for ease of understanding and are tailored for application to any business environment. This no-fluff book will put money in your company coffers.In most companies, the effort to improve supply chain results has been short lived, incomplete, or sub-optimized. The most common reason is the lack of a clear understanding of what they really need to do, specifically line of sight linkage of the enterprise in the transformation process efforts to customers and shareholders. Advanced Supply Management Strategy and Execution provides a credible integrated roadmap to extended supply chain and enterprise engagement, and sustained optimized competitive business results. It is a must read for executives, consultants and managers in all types of operations management roles, and is suitable for advanced academic courses as well.
In today's environment of tight budgets and even tighter turnarounds, effective supply-chain management has become a core business requirement. Managing the Supply Chain adapts the number one supply-chain book on the college market to examine how professionals can consistently turn supply-chain strategy into a competitive advantage. This results-based book examines the experiences of today's most accomplished companies to demonstrate supply-chain innovation at work in the marketplace.