Principles of Supply Chain Management: A Balanced Approach

Format: Hardback
Length: 576 pages
Publication date: 01 January 2018
Publisher: Cengage Learning, Inc

PRINCIPLES OF SUPPLY CHAIN MANAGEMENT: A BALANCED APPROACH, 5E is a comprehensive guide that takes you step-by-step through the management of all supply chain activities. It offers comprehensive coverage of important processes in operations, purchasing, logistics, and process integration, encompassing both domestic and global supply chains. The book adopts a balanced approach that follows the natural flow through the supply chain. Well-organized chapters showcase practical applications of supply chain management in today's workplace, with the help of intriguing SCM Profiles and interesting real-world business examples. Relevant end-of-chapter questions, problems, and new cases aid in applying what you've learned, enhancing your management skills.

Introduction:
Supply chain management (SCM) is a critical aspect of modern business, as it involves the coordination and management of all activities involved in the production, distribution, and consumption of goods and services. With the increasing complexity of global markets and the demand for faster and more efficient operations, SCM has become an essential tool for organizations seeking to improve their competitiveness and profitability.

Principles of Supply Chain Management:
A balanced approach is key to effective supply chain management. This means that all aspects of the supply chain, from production to distribution, should be considered and integrated into a cohesive system. The book emphasizes the importance of collaboration and communication among stakeholders, including suppliers, manufacturers, retailers, and customers.

Operations:
Operations is a critical component of supply chain management. It involves the production of goods and services and the optimization of processes to ensure efficiency and quality. The book covers various aspects of operations, such as production planning, inventory management, and quality control. It also discusses the use of technology and automation to improve operational performance.

Purchasing:
Purchasing is another important aspect of supply chain management. It involves the acquisition of raw materials, components, and finished goods. The book covers various purchasing strategies, such as supplier selection, negotiation, and contract management. It also emphasizes the importance of developing strong relationships with suppliers to ensure quality, reliability, and cost-effectiveness.

Logistics:
Logistics is the transportation and storage of goods and services. It involves the coordination of various modes of transportation, such as air, land, and sea, and the management of warehouses, distribution centers, and transportation networks. The book covers various logistics strategies, such as inventory optimization, transportation planning, and supply chain visibility.

Process Integration:
Process integration is the integration of different processes within the supply chain to improve efficiency and quality. It involves the coordination of activities such as production, purchasing, logistics, and marketing. The book covers various process integration strategies, such as lean manufacturing, Six Sigma, and supply chain optimization.

Conclusion:
PRINCIPLES OF SUPPLY CHAIN MANAGEMENT: A BALANCED APPROACH, 5E is a comprehensive guide that provides a comprehensive understanding of supply chain management principles and practices. It offers a balanced approach that considers all aspects of the supply chain and emphasizes the importance of collaboration and communication among stakeholders. The book is well-organized and easy to read, making it an invaluable resource for professionals and students in the field of supply chain management.

Weight: 1334g
Dimension: 213 x 261 x 28 (mm)
ISBN-13: 9781337406499
Edition number: 5 ed