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Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
This book contains a multi-faceted, multi-media set of products to serve as a definitive guide and toolset for executives who must build and operate global supply chain networks in a period of systemic, extreme change.
The COVID-19 pandemic has adversely affected the supply chains of all sectors of business worldwide. The pandemic has made it evident that by managing supply chains in a traditional manner organizations will no longer be able to achieve profits and improve customer satisfaction. This calls for immediate structural changes in organizations, flexible organizational culture, and a sense of urgency to redefine strategies related to supply chains. The Handbook of Research on Supply Chain Resiliency, Efficiency, and Visibility in the Post-Pandemic Era explores diverse strategies for achieving capabilities related to supply chain resilience and seeks to expand the existing body of knowledge in this area. It develops models, frameworks, and theoretical concepts related to supply chain resilience to enhance efficiency and improve visibility of supply chains. Covering topics such as change management, production relocation, and supply chain risk, this book is an essential reference for business leaders, corporate executives, industry practitioners, researchers, academicians, educators, and students.
In order to manage complex supply and demand networks, staying abreast of the latest research and developments within the field of supply chain management is of vital importance. Information Technologies, Methods, and Techniques of Supply Chain Management has compiled chapters from experts from around the world in the field of supply chain management. This vital compendium of the latest research, case studies, frameworks, methodologies, architectures, and best practices will serve as a research handbook and reference guide to practitioners and academics alike, truly a critical resource within the field of supply chain management.
Now in its Fourth Edition, the Supply Chain and Transportation Dictionary maintains its position as the most comprehensive dictionary in the field. A one-of-a-kind reference, the dictionary remains unmatched in the breadth and scope of its coverage and is the primary reference for professionals working in the areas of supply chain management, transportation, distribution, logistics, material, and purchasing. The Fourth Edition features over 5,000 entries and is noted for its clear, precise, and accurate definitions.
Importing finished products, components, and raw materials has become the status quo in today 's increasingly competitive business landscape. The lessons of inbound supply, however, can be very costly if learned through a trial-and-error approach especially foreign purchasing. By not understanding the parameters of landed costs alone, purchasing managers can cause serious and expensive disruptions to their supply chain. Leaving little to chance, Mastering Purchasing Management for Inbound Supply Chains details the fundamentals regarding logistics and compliance. It emphasizes the importance of bonded warehouses and cost modeling and presents case studies from a wide range of industries that illustrate best practices in imports, logistics, and landed cost modeling. International trade expert Thomas Cook provides valuable insights for avoiding common foreign trade zone pitfalls. He also explains the best ways to handle and minimize landed costs, including duties, shipping costs, and transfer pricing. This comprehensive purchasing guide covers the potential risks and complications involved with U.S. Customs (CBP), freight, INCO terms, and title and payment issues. Complete with a multitude of references to additional information in print and on the Web, the text provides the well-rounded understanding needed to avoid costly mistakes and make purchasing one of the strongest links in your global supply chain.
Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.
This standard South African text has been revised to incorporate current management issues and offer contemporary perspectives in the field. The edition of this title retains its pragmatic element, while the theory has been made more accessible through the outcomes-based approach. It covers the basic principles of purchasing and supply management, the activities incumbent on a purchasing and supply manager, as well as resources and areas of application. It addresses the transition from basic purchasing and supply management to the more integrated system of supply chain management. Several contemporary notions, such as the supply chain management approach, strategic sourcing, electronic information systems, supply contract management, supplier relationship management, risk management and the purchasing of services are included. Ethical aspects and purchasing from small and disadvantaged businesses receive more emphasis in this edition. This new and updated edition of a trusted and reliable text offers stimulating new insights. Readers who are familiar with the previous editions will find the new one both exciting and rewarding.
This book offers a bridge between our current understanding of supply chain risk in practice and theory, and the monumental shifts caused by the emergence of the fourth industrial revolution. Supply chain risk and its management have experienced significant attention in scholarship and practice over the past twenty years. Our understanding of supply chain risk and its many facets, such as uncertainty and vulnerability, has expanded beyond utilizing approaches such as deploying inventory to buffer the initial effects of disruptions. Even with our increased knowledge of supply chain risk, being in the era of lean supply chain practices, digitally managed global supply chains, and closely interconnected networks, firms are exposed as ever to supply chain uncertainties that can damage, or even destroy, their ability to compete in the marketplace. The book acknowledges the criticality of big data analytics in Supply Chain Risk Management (SCRM) processes and provides appropriate tools and approaches for creating robust SCRM processes. Revisiting Supply Chain Risk presents a state-of-the-art look at SCRM through current research and philosophical thought. It is divided into six sections that highlight established themes, as well as provide new insights to developing areas of inquiry and contexts on the topic. Section 1 examines the first step in managing supply chain risk, risk assessment. The chapters in Section 2 encompass resiliency in supply chains, while Section 3 looks at relational and behavioral perspectives from varying units of analysis including consortiums, teams and decision makers. Section 4 focuses on examining supply chain risk in the contexts of sustainability and innovation. Section 5 provides insight on emerging typologies and taxonomies for classifying supply chain risk. The book concludes with Section 6, featuring illustrative case studies as real-world examples in assessing and managing supply chain risk.
Sustainable Operations Management applies the issues of sustainability to all strategic decisions of operations: capacity management, supply network, process technology, and development and organisation. This book extends the existing literature of operations management that for years has been paramount in creating economic value with little consideration of environment and social dimensions. Whilst based on robust theoretical frameworks, some developed by its own authors, the book is enriched by international case studies and real-world illustrations throughout, to demonstrate how this theory translates to practice. Each chapter begins with learning objectives and ends with a summary, activity, and questions for discussion. Readers will gain a comprehensive and in-depth knowledge on how to manage operations for sustainability. They will learn the ways to formulate a sustainable operations strategy and the elements involved in managing tactical and operational activities to enhance sustainability performance over time. The book covers all aspects of the new business sustainability paradigm from an operations perspective, including sustainable development goals, the circular economy and digital transformation. With international agreements and national policies in place around themes such as climate change, ocean plastic pollution, loss of biodiversity, water scarcity, and zero landfill targets, this book will be a must for any university abiding to the Principles of Responsible Management Education (PRIME). The text is suitable mostly for MSc and MBA students on sustainable supply chain and operations management modules as well as broader Operations Management courses, but it can also be used for final-year Undergraduate students as part of advanced operations management modules. Online resources include chapter-by-chapter PowerPoint slides and a test bank of questions.
Leveraged Innovation reveals that a dramatically different approach to the supplier-client relationship is being developed by leading companies around the world. It documents the benefits of Early Supplier Involvement (ESI), a radically new approach to inter-company relations which is providing a powerful impetus for increased creativity. Based on the findings of a European Research team, the text clearly shows how, why and to what effect suppliers the world over are becoming increasingly involved in the innovation process itself. Leveraged Innovation demonstrates and documents the process through which increased co-operation can lead to real competitive advantage. Leveraged Innovation is both an introduction to Early Supplier Involvement and a dynamic overview of best practise around the world. It provides important practical insights for enterprising companies, enabling the development and maintenance of ESI programmes of their own.
The rapidly developing new economies in China, India, Hungary, Vietnam, Costa Rica, Mexico, Brazil, etc., are at the crossroads of almost all major supply chains. In fact, these emerging economies are growing faster than the established industrial economies of the world. However, given the physical, social and cultural characteristics of the emerging economies, managing supply chains there could be even more challenging than in developed economies. How can we manage supply chains well in emerging economies, coordinate information flows with multiple partners, tackle challenges such as unexpected disruptions, diversify the risks and increase flexibilities, be efficient but at the same time contribute to the social and environmental developments of these economies, and use supply chain concepts and practices to improve the economic welfare of these countries, such as basic infrastructure developments and disaster relief, are the topics and issues of the book. insights on the answers to the above questions and will enable practitioners to gain insights on the developments, challenges and opportunities when operating supply chains in emerging economies. Innovative approaches are outlined and illustrated with examples of real-world experiences by progressive companies and thought leaders. We also hope that this collection will stimulate researchers to gain deeper understanding and develop methods in operating supply chains in emerging economies. We have organized the book in three key sections. overall framework in managing global supply chains and developing strategies; Supply Chain Management in Emerging Economies: where 'Challenges and Opportunities' describes the challenges and opportunities in supply chain management of emerging economies - the infrastructure constraints, the logistics inefficiencies, and limitations in service operations, and discusses how to create opportunities in such adverse conditions; and, Building Supply Chain Excellence: where 'Innovations and Success Cases' is devoted to a number of industrial cases that showcase innovative approaches to gain excellence, and share insights and lessons from such experiences.
Companies face a variety of risks resulting from cost reduction strategies, rationalization measures, global sourcing, and outsourcing activities. Due to the large number of actors involved, extremely close ties emerge, which significantly increase supply chains vulnerability to disruptions this has been shown again and again in the past few years. Against this background, the aspect of supply continuity is of increasing importance for all activities that relate to procurement, logistics, and supply chain management. Its objective is to ensure the continuous operation of supply chains, i.e., the uninterrupted flow of material, information, and coordination from the initial supplier to the end customer. Therefore, it is necessary to adopt adequate measures that take into consideration not only potential losses but also potential gains (so-called speculative risks). With this book, the concept of Supply Chain Safety Management is introduced. The concept itself is embedded in a comprehensive and dynamic management process. Depending on a supply chain s individual objectives, a set of courses of action is offered for any risk factors whether they are identifiable and quantifiable or not. The practicability of Supply Chain Safety Management is highlighted by various case studies. The book Supply Chain Safety Management: Achieving Security and Robustness in Logistics targets both the areas of science and of practice. First, the state of the art in research is reflected and valuable impulses for new and respectively for further research fields are provided by taking into consideration the points of view of scientists and practitioners in the business environment. Next, theoretically well substantiated, modern approaches and tools applicable to the business world are offered, an impetus for new ideas and fields of positioning is given and best practice examples are presented allowing a fruitful exchange of experiences between practitioners."
This book presents the latest developments in optimization and optimal control models; exact, approximate and hybrid methods; and their applications in lean and green supply chains. It examines supply chain network design and modeling, closed loop supply chains, and lean, green, resilient and agile or responsive networks, and also discusses corporate social responsibility and occupational health and safety. It particularly focuses on supply chain management under uncertainty - employing stochastic or nonlinear modeling, simulation based studies and optimization - multi-criteria decision-making and applications of fuzzy set theory, and covers various aspects of supply chain management such as risk management, supplier selection or the design of automated warehouses. Lastly, using experimental applications and practical case studies, it shows the impact of lean and green applications on vehicle/fleet management and operations management.
For Industrial Engineering courses focusing on logistic engineering and management. An authoritative exploration of logistics management within the engineering design and development process, this book concentrates on the design, sustaining maintenance and support of systems from a lifecycle perspective. This is the only text that deals with logistics and system support: (1) as an integrated entity and an integral part of the overall structure of a total -system"; (2) from a total system life-cycle perspectiveafrom the initial identification of a need through design and development, production, utilisation and support, and retirement and material disposal; and (3) as a major consideration early in the system life cycle during the system engineering design and development process.
This book explains global trends and strategies in the shipping business, looking at the role of logistics service providers and at how information technology can help shipping operations. It also introduces best practices and advice that will allow professionals to improve the management of shipping and logistics activities. The book consists of sections examining shipping and trade, business strategies for shipping, intermodal container transport operations, and ports. This new edition adds a new fifth section with four new chapters that discusses contemporary issues in shipping. The new chapters are related to risk management in shipping, shipping security and safety, environmental and social sustainability, and a review of new technologies in the shipping industry and their future potential.  An invaluable source of information for researchers and advanced, or graduate, students, Shipping and Logistics Management is also a useful reference for shipping practitioners and consultants.
Purchasing and Financial Management of Information Technology aims to significantly reduce the amount of money wasted on IT by providing readers with a comprehensive guide to all aspects of planning, managing and controlling IT purchasing and finance. Starting from a recognition that IT purchasing and the financial management often needs to be treated differently from other types of expenditure, the author draws on over 25 years of experience in the field to provide readers with useful mixture of good procedures and common sense rules that have been tried, tested and found to work. Many of these are illustrated by case histories, each with a moral or a lesson. Purchasing and Financial Management of Information Technology provides useful guidelines and advice on whole range of topics including: * IT acquisitions policy * Dealing with suppliers * Budgeting and cost control * IT cost and risk management * Specification, selection and evaluation of systems * IT value for money
A new book covering the Professional Stage syllabus for th e Chartered Institute of Purchasing and Supply's Legal Asp ects course. The book is completely up-to-date and incorpo rates all of the relevant changes in legislation up to 200 1. The text is clear and concise and an excellent aid for those new to the subject but wishing to achieve a high lev el of understanding as quickly as possible. The book will also prove to be a useful asset to practising purchasing m anagers who require a clear and concise guide to relevant law.
This book describes the fundamentals of Supply Chain Management in clear and concise terms. It explains why in the near future real competition is going to be between supply chains and what the consequences will be. Managers and decision-makers will be able to build on their business's competitive advantage with the essentials provided in this work. The focus here is upon what you really need to know in order to optimally manage your processes in procurement, manufacturing, warehousing and logistics. In addition to a wealth of illustrations and examples, valuable suggestions for further expansive reading are included. Essential insights are provided into how to analyse and evaluate the supply chain, based upon key aspects from research and practice, which helps readers to initiate their own optimisation processes.
'Supply Chain Management Workbook' provides an overview of the supply chain process and addresses the key aspects involved in a supply chain. A checklist is included to enable an assessment of a company's procedures and the facilities it offers. By working through this list of questions the weaknesses in the management of the supply chain can be identified and subsequently addressed.The combination of theoretical underpinning along with a means of self evaluation results in a practical guide which will be invaluable for companies wishing to improve their supply chain management.Published in Association with The Institute of Operations Management, http: //www.iomnet.org.uk.
Optimizing Supply Chain Performance takes industrial case studies from SMEs in China to examine the importance of information sharing and coordinated management as essential mechanisms to improve supply chain performance.
Four questions determine whether a company is using interorganizational cost management.
If the answer to any of these questions is "no," your firm risks introducing products that cost too much or are not competitive. The full potential of the supply network can be realized only when the entire supply chain adopts interorganizational cost management practices. Competitive pressure has led many firms to try to increase the
efficiency of supplier firms through interorganizational cost
management systems, a structured approach tocoordinating the
activities of firms in a supplier network to reduce the total costs
in the network.
Interorganizational cost management can reduce costs in three
ways: through product design, through product manufacture and
through cooperative approaches between buyers and suppliers to
build smoother interfaces.
During recent years, competitive pressures and short product lifecycles have caused many manufacturing and retail companies to focus on supply chain management practices and applications. Continuing shifts in the geopolitical situation and emerging markets have opened up new business opportunities, and at the same time kept companies busy revising their supply chain structures manufacturing locations, warehouse locations, inbound logistics, and distribution operations. This has led to an increased demand in strategic supply chain planning tools, such as supply chain simulators and location optimization tools. New techniques and practices for highly efficient supply chain management, made possible by the rapid progress in information and communication technologies, are explained in this book. It is written by supply chain researchers, consultants, and supply chain practitioners who have not only developed the practices but have deployed these practices in various supply chains at IBM and other companies."
This book deals with the process of improving our sensemaking capabilities into how to: scan environments actively to gather data that is relevant to pressing issues; interpret usefully what we see -- including recognizing and framing problems/opportunities and skills in transforming data into information; make effective decisions -- including creating useful rules for deciding how to decide, and how to talk with ourselves and others to receive and offer useful information, make wise choices, and implement decisions well; and evaluate well what we have done and what has occurred. These four topics are the activities of sensemaking -- an ongoing conversation with yourself and others about what is really happening and why it is occurring. Sensemaking involves placing stimuli into some kind of framework that is understandable to ourselves. Usually sensemaking is done automatically -- unconsciously -- without thinking actively about the usefulness or accuracy of our frames, or the process being used in our framing. However, sensemaking can be done consciously, that is, using controlled thinking instead of the usual automatic thinking processes. The contributions in this volume offer skill-building case exercises that are written to help you improve your sensemaking abilities.
Inventory and Supply Chain Decisions with Forecast Updates is concerned with the problems of inventory and supply chain decision-making with information updating over time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design and evaluation, contracts with exercise price, volume-flexible contracts allowing for spot-market purchase decisions, and competitive supply chains. Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches, and provide insights for better supply chain management. The book provides a unified treatment of these models, presents a critique of the existing results, and points out potential research directions. Attention is focused on solutions - that is, inventory decisions prior and subsequent to information updates and the impact of the quality of information on these decisions. |
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