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Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
This book highlights the environmental and economic benefits of recycling in textiles and fashion; vis-a-vis virgin textiles. Recycling plays an inevitable part when it comes to sustainable innovations in textiles and fashion sector. As basic information pertaining to the benefits, challenges of recycling in textiles are discussed to the sufficient extent in the literature, this book deals with the innovative at the same time, sustainable products made from the recycled textiles.
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.
Contemporary supply chains operate under the pressure of customer requirements, increasing price competition, sudden increases or decreases in demand, unforeseen obstacles and new threats. The right way to improve the functioning of the flow of material and accompanying information is not only the continuous collection of data but also their collection, analysis, inference and decision-making with the use of decision support systems, expert systems and artificial intelligence. Such procedures make it easier for logisticians not only to forecast processes but also to predict (forecast) and identify potential problems and facilitate the implementation of optimal modern solutions, paying attention to current trends in the supply chain market. An important issue that affects the quality, efficiency and availability (continuity) of the processes implemented within the supply chain is security. This is an area that is not clearly defined. This book uses theoretical and practical knowledge to define security in the supply chain as a state that gives a sense of certainty and guarantees the flow of material goods and services (in accordance with the 7w rule) as well as a smooth flow of information for the planning and management of logistics processes. Tools and instruments used to ensure the security of the supply chain contribute to the protection and survival in times of dangerous situations (threats) and adaptation to new conditions (susceptibility to unplanned situations). When analyzing the needs and structure of the 21st century supply chains, in the context of their security, it is impossible to ignore the problem of their digitization, which enables the determination of optimal routes and the anticipation of possible threats (crisis situations). Automatic data exchange between various departments of the company along the upper and lower part of the supply chain improves the functioning of the warehouse management through, among others, automation, robotization and pro-activity. It also contributes to efficient, good communication and market globalization. Automation also brings new, extremely attractive business models with regard to occupational safety, ergonomics and environmental protection. To meet the needs of creating modern supply chains, the book analyzes and presents current and future solutions that affect security and the continuity of supply chains.
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 book provides a detailed study of the Thai rubber industry and its utilisation of renewable resources, focussing on the use of open source software in building supply chain models. By describing elements that the supply chain is composed of and relating this to Thailand's rubber industry, the authors then outline the construction of a Discrete Event Simulation (DES) model and use open source software to model renewable resources in this particular supply chain. Emphasis is placed on the way that modelling can aid the important decision-making required in the exploitation of natural resources. By taking a hands-on approach and offering a valuable guide for readers, this book not only appeals to academics in the fields of industrial engineering, operations, logistics and supply chain management, but also to practitioners, policy-makers and associations involved in the rubber industry.
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.
For all courses in Materials Management, Production, Inventory Control, and Logistics taught in business and industrial technology departments of community colleges, four-year colleges, and universities. Understand all elements of production planning and control, and how they fit together with Introduction to Materials Management. Clearly written and exceptionally user-friendly, this text covers all the essentials of modern supply chain management, manufacturing planning and control systems, purchasing, and physical distribution. Content, examples, questions, and problems lead students step-by-step to mastery. Widely adopted by colleges and universities worldwide, this is the only APICS-listed reference text for the Basics of Supply Chain Management (BSCM) CPIM certification examination.
Decision making at the enterprise level often encompass not only production operations and product R&D, but other strategic functions such as financial planning and marketing. With the aim of maximizing growth and a firm's value, companies often focus on co-ordinating these functional components as well as traditional hierarchical decision levels. Understanding this interplay can enhance enterprise capabilities of adaptation and response to uncertainties arising from internal processes as well as the external environment. This book presents concepts, methods, tools and solutions based on mathematical programming, which provides the quantitative support needed for integrated decision-making and ultimately for improving the allocation of overall corporate resources (e.g., materials, cash and personnel). Through a systems perspective, the integrated planning of the supply chain also promotes activities of reuse, reduction and recycling for achieving more sustainable environmental impacts of production/distribution networks. Thus, this book presents, for the first time, a unique integrated vision of the Enterprise Supply Chain Planning and provides a comprehensive account of the state of the art models, methods and tools available to address the above mentioned features of the modern supply chain. It offers a comprehensive review of the associated literature of supply chain management and then systematically builds on this knowledge base to develop the mathematical models representing each of the core functional units and decision levels of the corporation and shows how they can be integrated into a holistic decision problem formulation. Abundant illustrations and tables help maximize reader insights into the problems discussed with several case studies and industry application also examined. This book is intended as a textbook for academics (PhD, MSc), researchers and industry decision-makers, who are involved in the design, retrofit and evaluation of alternative scenarios for the improvement of the supply chain.
Presents reasons for the supply chain disruption from various perspective and includes case studies along with an historical perspective for guidance Explores how the supply chain will take shape post COVID-19 Discusses likely future scenarios of new and emerging supply chains Describes various MCDM tools used to make complex decisions by companies to stay ahead Offers domain experts' opinions and views to help in formulating real-time strategies
An incisive and accessible blueprint to pricing your company's products and services In The Pricing Model Revolution: How Pricing Will Change the Way We Sell and Buy On and Offline, world renowned pricing expert Danilo Zatta delivers an essential and engaging blueprint to building an enduring competitive advantage with insightful pricing models. In the book, you'll learn to identify the best monetization approaches for your products and how to execute the one that makes the most sense for your business. From freemium to subscription, pay-per-use, and even neuropricing, the author discusses every available option and shows you how to choose. Although it's rigorous and evidence backed, The Pricing Model Revolution avoids an overly academic perspective in favour of providing you with concrete, practical guidance you can apply immediately to start generating more revenue. You'll learn things like: How to make smart and innovative pricing a core component of your next product offering How to distinguish between every new, future-oriented monetization approach Which factors to consider when you're choosing on a new pricing model for your most popular products An essential read for C-level executives, managers, entrepreneurs, and sales team leaders, The Pricing Model Revolution belongs on the bookshelves of every business leader seeking to learn more about one of the foundational topics driving top-line revenue and bottom-line profitability today.
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 contains practical experiences, knowledge, and insights in the evolution, formulation, and implementation of strategies and models for flexibility, innovation, and sustainable business. The book discussed the increasing significance of a flexible approach by businesses as much as possible in every area of their work-from employment policies to supply chain management (SCM). It further links this flexible approach to a sustainability strategy, which is necessary to be competitive today and in the future. This business approach is necessary to create long-term value by considering how a given organization operates in the ecological, social, and economic environment. This is linked to the next theme of the book-innovation-which is fundamental for a business to improve its processes, develop new and improved products and services for the market, increase its efficiency, and, most importantly, get better profitability. The book also delves into another buzz word in business-analytics. Companies have widely embraced the use of analytics to streamline operations and improve processes. The book explores all these critical emerging areas through the chapters in its five sections and is invaluable for management students and researchers, practicing business managers, consultants, professional institutions, and government and corporate organizations.
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.
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
Most books on Supply Chain Management simply focus on how to move
materials and key resources throughout an industrial enterprise.
Reinventing Lean shows how SCM can be made "Lean," leading to much
more reliable, cost-effective and competitive Supply Chain
Management" (SCM). In this book, the reader will find a collection
of management tools that will help to implement Lean principles,
and to understand the components of an integrated Supply Chain
Management system. Moreover, the book will show that to make Lean
SCM effective, both the functional management tools as well as an
enterprise-wide cultural readiness are needed in order to lay the
groundwork for a World Class Lean Supply Chain.
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.
Law for Purchasing and Supply divides this complex area of the law into five logical parts: chapters introduce a topic area, explain the relevant law and give examples of how the law is applied in practice. This step-by-step approach enables the authors to maintain a comprehensive coverage of the subject, while ensuring it remains accessible. Law for Purchasing and Supply, 3rd edition, has been fully updated to take account of new legislation and case law, including the introduction of the Competition Act 1998 and recent judicial decisions which, together with incoming European legislation, affect basic rights under the Sale of Goods. The relationship between civil and criminal law in this area is examined and the implications of future developments are discussed.
This book provides insights from research and practice in how organizations were able to sustain resilience in their global supply chains during the COVID-19 pandemic and to advance the understanding of supply chain risk management. The chapters highlight the lessons learned, insist on new models for resilience, suggest improved supply chain risk methodologies and bridge the gap between research and practice. It helps readers acquire greater knowledge, strategic approaches, new methods, and practical tools for ensuring global supply chain resilience.
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.
This book covers central issues in mitigating supply chain risks from various perspectives. Today's supply chains are vulnerable to disruptions that can have a significant impact on firms, business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. In this regard, the book presents a wealth of methods, strategies and analyses that are essential for mitigating supply chain risks. As a comprehensive collection of the latest research and cutting-edge developments in supply chain risk and its mitigation, the book is structured into four main parts, addressing supply chain risk strategies and developments; supply chain risk management review; supply chain sustainability and resilience; and supply chain analysis and risk management applications. The contributing authors are leading academic researchers and practitioners, who combine findings and research results with a practical and contemporary view on how companies can best manage supply chain risks and disruptions, as well as how to create resilient and sustainable supply chains. This book can be used as an essential resource for students and scholars who are interested in pursuing research or teaching courses on the rapidly growing field of supply chain management. It also offers an interesting and informative read for managers and practitioners who need to deepen their understanding of effective supply chain risk management.
The key to the success of a company is their ability to co-ordinate
the key supply chain i.e their key suppliers and suppliers of
suppliers. 'Food and Drink Supply Chain Management' looks
specifically at the supply chain in the food and drink industry to
provide readers with an understanding of the areas as it is now and
its growing importance, and where it is going in the future.
'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.
This book aims at providing cases with inspiring findings for global researchers in capacity allocation and reservation. Capacity allocation mechanisms are introduced in the book, as well as the measures to build models and the ways to achieve supply chain coordination. In addition, it illustrates the capacity reservation contract and quantity flexible contract with comparisons and some numerical studies. The book is divided into 7 chapters. Chapter 1 introduces the background and the latest development of the research. Chapter 2 introduces how to manage downstream competition through capacity allocation in symmetric market, including proportional mechanism and lexicographic mechanism. Demand competition is introduced in Chapter 3 as well as the uniform allocation mechanism and the comparisons among three different mechanisms. In Chapter 4, we give information about demand competition with fixed factor allocation, and the comparison with other allocations. Chapter 5 provides the optimal strategies under fixed allocation with multiple retailers and the impacts of fixed proportions. Chapter 6 illustrates how to achieve supply chain coordination through capacity reservation contract and its comparison with the quantity flexibility contract, and in Chapter 7 we describe outsourcing decisions and order policies in different systems with some numerical studies. We sincerely hope that this book can provide some useful suggestions and inspirations for scholars around the world who have the same interests in this field. |
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