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Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
Large companies and small are increasingly seeing outsourcing as a means of making the most of their more limited resources. But how do you know whether it is right for your organization? What benefits are on offer and how do you ensure you realize them? How do you begin to construct a value-for-money agreement or determine a basis for pricing? What are the risks, and how do you recognize and manage them? Because every organization's needs are different, informed answers to these questions have been difficult to come by. Robert White and Barry James are experts with more than 35 years of experience in this field. The Outsourcing Manual is a fully comprehensive guide for any organization considering taking this route. It is above all practical, with models, outline procedures, a step-by-step guide to procurement, and standard documentation that can easily be adapted to your organization's requirements. There are case studies and worked examples throughout. The four part structure takes you through: assessment of outsourcing as a strategy for your organization; the planning phase; implementation; and outsourcing from the supplier's perspective. If you are involved in or considering outsourcing, the methodical and case study illustrated approach of The Outsourcing Manual will equip you to manage the process for a successful outcome.
From supply chain management to entrepreneurship and social responsibility, The 30 Day MBA in International Business provides a comprehensive insight into this fascinating sector. It is difficult to understand the complexities and nuances of international business without comprehensive and expert teachings on its many sectors. This book demystifies the complexities of this growing industry, as it draws upon the insights from the MBA courses from the top business schools. These teachings are supported by fascinating case studies from some of the world's leading organizations. With its comprehensive insights and accessible guidance, The 30 Day MBA in International Business is essential reading whether you are a professional looking to accelerate your career or a student interested in expanding your knowledge. About the 30 Day MBA Series... MBAs are expensive, demanding and time-consuming. Covering marketing, finance and international business, this internationally bestselling series offers you the same world-class insights and guidance without the costly investment.
OverviewNo previous works have focused on the topic of inventory reduction and optimization to the extent that this one does. Spare Parts Inventory Management: A Complete Guide to Sparesology (TM) by Philip Slater covers the whole part's life cycle, from initial purchase to final disposal, and addresses issues throughout, including maintenance, repair, and overhaul (MRO). The author, Phillip Slater, was described in a recent podcast as "truly one of the leaders in the MRO information segment." Sparesology is a term coined by Slater to describe the discipline of optimizing the physical, financial, and human resource management processes of spare parts inventory management. Sparesology is much more than just inventory optimization. It involves an understanding of the complete "ecosystem," within which the spare parts inventory is managed, and seeks to ensure that all of the factors influencing this management work together to achieve an organization's goals. "Spare Parts Inventory Management: A Complete Guide to Sparesology (R) combines content you might find in several different texts into a well-organized and easy to use reference. This is a fantastic guide for anyone interested in having a successful spare parts inventory management system. Right from the beginning, I knew this would be a good read. Every aspect of spare parts management, cradle-to-grave is addressed. Innovative concepts, such as inventory 'prevention' and 'timing,' are introduced, and matrices translate complex concepts into easily understood visual references. To clear the path for success, the author starts the journey by identifying potential landmines that can sink a spare parts inventory management system at its onset. I found the section, 'Five common supply chain techniques that you should not use for spare parts management' particularly insightful. A useful discussion addresses perceptions of the financial impact of spare parts. It explores the delicate balance of the key players and their own 'silo' perspectives and agendas, and helps the reader understand the ever-ongoing battle between the thought that spare parts 'cost money' and the idea that downtime is a deadly cost that must be avoided. Examples and simple calculations provide some great guidelines for decision making. As a bonus, the difference between policies and procedures, as well as valuable and specific guidelines for writing both, are included. This easy to read guide to understanding the human factors (trust) offers no-nonsense techniques for applying data-based decision making in the establishment of a robust spare parts inventory management system. It combines content you might find in several different texts into a well-organized and easy to use reference that deals with everything from clean sheet design of a system to best practices and continual improvement for mature systems. Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is a fantastic guide for anyone interested in having a successful spare parts inventory management system." -Marnie Schmidt, Author of Tribal Knowledge: The Practical Use of ISO, Lean and Six Sigma Together. www.marnieschmidt.com"It's like Phillip is coaching you one-on-one. He addresses the full life cycle of spares, clearly shows the unique nature of spare parts management, and provides practical guidance on critical policies and best practices. Spare Parts Inventory Management: A Complete Guide to Sparesology (R) belongs on the shelf of every spare parts organization. I definitely would recommend it to my clients and students. Phillip Slater's latest book continues his unique and engaging writing style. He draws on his decades of experience in spare parts management and delivers a book that is pleasantly conversational, as if I am sitting across the table from him, and he is coaching me one-on-one. This book is also unique as it addresses the full life cycle of spares, from initial requirements forecasting through to use and final disposal. The author clearly shows the unique nature of spare parts management versus other types of inventory - distinctions that require different considerations in planning and control. In easy to understand terms, he dispels the myths associated with spares and provides practical guidance on critical spare parts policies and best practices that favorably impact the bottom line. Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is practitioner oriented and belongs on the shelf in every spare parts organization. I definitely would recommend it to my clients and students." -Dr. A. Patricia Murrin, A.P. Murrin and Associates; Supply Chain Management Department Chair, The National Graduate School of Quality Management; Adjunct Faculty, Walden University; Adjunct Faculty, Northwood University. You can find her on LinkedIn. "Slater sticks with proven systems and best practices born out of real-world experience. As timely as it is useful, Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is a 'dirt under the nails' guide that translates just as well in the boardroom as in the parts storage cribs. Many organizations don't understand the need to manage spare parts until something affects the bottom line, then it is 'all hands on deck.' That is where Phillip Slater's new book comes in. As timely as it is useful, Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is the natural addition to the author's earlier publications. Slater has a gift for making unfamiliar subjects seem less intimidating. He sticks with proven systems and best practices born out of real-world experience. Such is the case with this latest book, wherein he lays out the need for properly addressing industrial spare parts and the steps to thoughtfully controlling the processes and procedures to manage them. He outlines four key-aspects to his approach. Each one is equally important and applicable to any size organization in any industry. You will find, as I did, that Slater tackles the big problems with attention to detail, without getting into the mind-numbing minutia of how things could be done. Along with the high-level concepts, he gives specific guidance for addressing each aspect of spare parts management. He effectively empowers the reader to dismiss the perception of the need for 'just in case' spare parts. Without glossing over anything, he brings the reader to an understanding of not only what to do, but also 'why' we do these things. Leaving buzzwords and ethereal concepts aside, this is a 'dirt under the nails' guide that translates just as well in the boardroom as in the parts storage cribs." -Russ Thompson, M3 ERP Functional Consultant, Avaap USA (www.avaap.com). You can find him on LinkedIn. "With a clear, easy to read style, this book provides a whole vision for the spare parts management problem, applying engineering questioning and avoiding the most widely accepted methods to obtain the best solution, measured financially, for every spare parts inventory situation. Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is a great follow up to Slater's previous books. With a clear, easy to read, style, Spare Parts Inventory Management: A Complete Guide to Sparesology (R) charts the key lessons and synthesizes the key ideas to consider for every part of a spare parts optimization process. The book provides best practices, plus charts and matrices that are valuable aids and transform the book into a road map. The author insists that the lack of a consistent spare parts policy is a major problem in most companies and proposes a practical approach, including financial considerations, and how to use a language that your CEO will understand. This book covers all phases of the spare parts management life cycle, from the creation of the stock to the disposal of non-used parts. It provides a whole vision for the spare parts management problem to help analyze pros and cons, and understand the consequences of every decision. A highlight is the part about obsolescence and disposal, a phase that is not usually analyzed. Based on my experience, the main problem with most spare parts management is the use of ad hoc and emotional principles that are unable to ensure the right results. Slater proposes applying engineering questioning and avoiding the most widely accepted methods to obtain the best solution, measured financially, for every spare parts inventory situation. This is a great follow up to his previous books." -Jorge Asiain, Senior Consultant AlterEvo (www.alterevo.es); Lecturer of Mechanical Engineering, Universidad Europea. You can find him on LinkedIn. "Phillip Slater is a true expert who brings the issues involved in spare parts inventory management to the public attention constantly. A complete, clear, well supported, and practically applicable guide, Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is a must-read for those who decide on spare parts inventories. The general problem with spare parts inventory management is that it is regarded and thus approached as just another 'general' inventory challenge. And while the market is full of inventory management professionals, training, courses, and so on, only a few address the complexities that make spare parts inventory management a totally different reality. Among these, Phillip Slater is a true expert who brings the issues involved in spare parts inventory management to the public attention constantly. His newest book is a complete, clear, well supported, and practically applicable guide. Spanning the different disciplines in a company, including engineering, planning, procurement, and finance, it focuses on minimizing downtime and cost. I really like the numerous lists of questions that help practitioners decide which and how many spare parts to stock. For instance, the chapter on inventory optimization presents five questions for examining the requirements for spare parts, the consequences of non-availability, and the predictability of demand. The answers help in determining stock-holding requirements as well as contingency needs. Another useful section, 'The Seven Actions for Inventory Reduction,' provides solutions for reducing inventories without compromising parts availability. Spare Parts Inventory Management: A Complete Guide to Sparesology (R) is a must-read for those who decide on spare parts inventories." -Jurgen Donders, Partner, Gordian Logistic Experts, www.gordian.nl. "Spare Parts Inventory Management: A Complete Guide to Sparesology (R) should be your 'go to' book for spare parts management success. Thanks to this book, my job Is now made easier. Phillip Slater has put together one of the best guides to inventory management you will find. Spare Parts Inventory Management: A Complete Guide to Sparesolgy (R) is a systematic compilation that has everything you need for success in inventory management. Having identified common mistakes and misconceptions about inventory management, Slater carefully takes his time itemizing the avoidable traps and discussing inventory management policies, results of applicable research, and best practices. He guides you through the foundation of inventory management, including the requirements for stocking, how to decided what to stock, and when and how. He also addresses the dreaded and most hated word in spare parts management: obsolescence. To all inventory managers, business owners, inventory management consultants, maintenance managers, engineering managers, and CFOs: This should be your 'go to' book for spare parts management success. Thanks to this book, my job is now made easier." -Ilyas Ateiza, Stores Manager-Engineering, APM Terminals. You can find him on LinkedIn.Phillip Slater has more than 22 years of business improvement experience. While the last 12 of these have been spent in operations and management consulting, the first 10 were spent 'hands on' in industry learning by direct experience. It was during this time, and by learning from both his successes and failures, that Phillip developed many of the approaches that his company, Initiate Action, applies today. Based on his experience, Phillip has authored a number of management books including A New Strategy for Continuous Improvement and Smart Inventory Solutions. Over the course of his career Phillip has worked in at least a dozen countries and across most industries. He presents training courses for APICS, is a member of the Australian Institute of Company Directors and The National Speaker's Association of Australia. Selected operational improvement achievements include: As a manager, taking an underperforming manufacturer to be the profit leader in its group of companies Assisting a client to achieve more than 20% in operational cost reduction Assisting other clients to achieve tens of millions of dollars of operational improvements Assisting a client to achieve a 42% reduction in inventory Assisting other clients to release millions of dollars in cash from excess inventory For the past five years Phillip has donated his time as a Non Executive Director for Yooralla, one of Australia's leading disability service providers.In addition to his operations improvement consulting work, Phillip is also available for corporate speaking and training. * Ch 1: Establishing Your Spare Parts Management System: What is MRO and Spare Parts?; The #1 Problem with Spare Parts Management; The Big Picture - Putting Spare Parts in Context; Why Spare Parts are Different (than other inventory types); Standard Supply Chain Tools that Don't Work with (Most) Spare Parts; Financial Considerations; Inventory Prevention; Inventory Management Policies. * Ch 2: Best Practice Spare Parts Management: Best Practice Research; The Five Best Practices that Make a Real Difference. * Ch 3: The Spare Parts Management Life Cycle: Creation; Operation; Obsolescence and Disposal. * Ch 4: Implementing Your Spare Parts Management System: How to Go From a Pilot Program to Productive Execution.
Every global crisis highlights the strategic importance of industrial and non-profit supply chains for society. In terms of coping with unforeseen and unpredictable events, supply chain resilience enables the parties and networks involved to stay successful during and after the disruption. Furthermore, a resilient supply chain contributes to the sustainable competitive advantage of the entire value chain. Written by scholars and practitioners alike, this book not only puts forward a new framework for resilience in supply chain management, but also presents best practice cases from various areas and industries. As a particular highlight, it includes a Delphi study that gathers state-of-the-art insights from supply chain leaders. In addition to practical approaches, methods and tools, the book also offers food for thought on the future of supply chain resilience. As such, it offers a valuable resource for current and future managers in the public and private sector, as well as researchers and students engaged in this field.
Global Supply Chain Security and Management: Appraising Programs, Preventing Crimes examines the relationship between securing a supply chain and promoting more efficient worldwide trade. Historically, the primary goal of supply chain security was guarding against theft and damage. Today, supply chains are also on the frontlines in the fight against terrorism. This book showcases industry leaders and their best practices, also exploring how the government is both a policing organization and a supply chain partner. In addition, it covers the critical roles that various technologies play, focusing on how Big Data is collected and turned into knowledge. By using the tools provided, readers will gain a stronger understanding of the challenges and opportunities faced by any organization that imports or exports products.
COVID-19 has demanded management innovations across all sectors. As urban systems are made more sustainable, and our focus shifts towards the Circular Economy, this timely book sheds new light on emerging issues. Contributions to this volume highlight developments in: smart cities and urban innovation and resilience; building and re-building cross-culturally sustainable tourism and recreation; new international business models in a digitally transforming world; how digital tools are being used to promote STEM education in the 'new normal' post-2020 world; food insecurity and energy policy in Latin America; the role of leadership in teleworking and job satisfaction in the Asia-Pacific region; economic and socio-cultural impacts of recreational activities affected by COVID-19; entrepreneurship in COVID-19 times; and the integration of the UN Sustainable Development Goals in higher education institutions. Presenting new, innovative conceptualizations and viewpoints on management, Sustainable Management in COVID-19 Times explores a range of concepts that give insights into our post-pandemic world.
Rising energy prices and concerns about climate change are driving us towards a new kind of economy - a low-carbon economy. What will this low-carbon economy be like, and what does your business have to do to prosper in this new business environment? Larry Reynolds shows how successful organisations are already learning to be more energy efficient, manage their carbon footprint, adapt to climate change and become truly sustainable. As well as explaining how to future-proof your organisation against possible threats, The Business Leader's Guide to the Low-carbon Economy, tells you how to make the most of the many opportunities that the low-carbon economy will bring, especially in growing profits from new products and services. It is your guide to creating an organisation that will thrive in the twenty-first century. While there are plenty of published books about 'going green', there are none which explain the low-carbon economy and how to thrive in it. This book will fill that important gap. Drawing on examples from across industries, including businesses such as Asda, BT, Cargill, Coca Cola, Co-operative Group, Eurostar, Marks and Spencer, Tesco, Tesla, Walker's Crisps, Walmart and ZipCar, Larry Reynolds shows how today's successful organisations are already benefiting from the coming low-carbon economy.
Losing contracts at rebid can have a major impact on a business: the loss of turnover and profit, of customers, skills, people and potentially reduced morale and confidence. Investment in retaining rebids can underpin significant increases in growth, at a lower cost than focussing only on chasing new business. Average retention rate of contracts at rebid is 60-70% across many companies, with others retaining as little as 50%, or less. However, there are proven approaches that can improve any company's chances of winning. Winning Your Rebid will help incumbent contractors increase their chances of retaining an existing contract. Whilst it includes the skills of bidding for new contracts, rebidding requires a significantly different set of actions and processes. The book takes you through all the preparations throughout a contract that will put you in the best position to win your rebid and includes valuable advice, techniques, case studies and ideas on how to run and deliver it successfully.
As trade and production have increasingly crossed international boundaries, private bodies and governments alike have sought new ways to regulate labour standards and advance goals of fairness and social justice. Governments are harnessing social and market forces to advance corporate accountability, while private bodies are employing techniques drawn from command and control regulation to shape the behaviour of business. This collection brings together the research and reflections of a diverse international mix of academics, activists and practitioners in the fields of fair trade and corporate accountability, representing perspectives from both the industrialized and developing worlds. Contributors provide detailed case studies of a range of social justice governance initiatives, documenting the evolution of established strategies of advocacy and social mobilization, and evaluating the strengths and limitations of voluntary initiatives compared with legally enforceable instruments.
One of the most significant techniques to which companies and organizations have turned to improve service delivery and reduce costs has been outsourcing. Over the last 10 years, almost any process has been successfully outsourced. But during that period there have been failures too; projects that never realised their objectives or that had unforeseen impact on business. Global Outsourcing Strategies is a state-of-the-art guide to the best lessons to be learned for successfully implementing and outsourcing projects, or for revisiting existing operations. The 22 chapters explore some of the new areas for outsourcing, after traditional targets such as IT and finance. Information is provided on the different facets of the outsourcing process, such as contract negotiation, the risks involved in outsourcing, the need for service level agreements, the critical requirements needed to build and sustain outsourcing relationships, and ethical supply chain issues. There are also sections exploring the impact of outsourcing on organizational structures; the long term effects; legal issues; management control and inter-firm relationships; as well as case studies from both the public and private sector on the practical side of outsourcing. The book will appeal to practitioners and researchers alike. This is a must-have guide for any organization approaching outsourcing as a global (or local) strategy and for those organizations now reviewing or developing their outsourcing partnerships.
This book describes energy management outsourcing as a way of addressing the current energy challenges facing all organizations, namely high and volatile energy prices, the need to mitigate climate change and potential supply constraints as oil production peaks. These problems are likely to intensify in the coming years, yet most organizations have reduced in-house capability to address them, thus outsourcing is increasingly seen as an essential part of any strategy to reduce energy use and carbon emissions. The author describes the basic processes of energy management and how to outsource them in a strategic way to achieve maximum results. The process is based on a new model of energy management looking at total costs, which is presented in the book. The book offers a comprehensive guide to outsourcing energy management, discussing the risks and benefits and taking managers through the process of deciding whether to outsource or not, and finding and assessing an outsourcing partner. Managers looking to reduce energy consumption and carbon emissions through the use of external service providers will find Outsourcing Energy Management an ideal 'how to do it' guide.
The on-time delivery of goods is regarded as a primary factor of the urban economy and is being monitored by businesses and government alike. However, much analysis of freight transportation and the flow of goods into, out of and within urban areas focuses on functional, business-related approaches. This book examines the interrelationship between logistics development on one hand and urban development and geographical issues, such as land use and location, on the other. Avoiding certain one-dimensional views on 'logistics impacts on the city', it discloses the complex interaction of the logistics system with the entire urban environment. It also bridges the gap between recent geographical research into new production systems and (post)modern consumption patterns. Illustrated with case studies from the United States, Germany, France, The Netherlands and the United Kingdom, it examines issues such as: the historical nexus between urban areas and logistics; current urban developments with regards to goods distribution; city-region related characteristics of freight flows; locational dynamics; and specific freight related urban problems and conflicts.
Parametric cost estimating models are flexible tools which bring engineering, scientific and mathematical rigour to cost and schedule estimating, but great tools alone will not keep programs affordable. Tools must be applied as part of a credible process if estimates and analyses are to be accepted. Complex major projects involving engineering, hardware, software, service and IT, all suffer from two basic problems: the project sponsors often struggle to specify the project effectively, and project managers find themselves wrestling with unpredicted cost or schedule overruns. Everyone wants to be successful with the tools and solutions they use, so this book is a comprehensive collection of methods with proven success. The applications described by Dale Shermon and his co-authors have evolved over 30 years of cost engineering experience during which time they have been matured by the parametric community. Each chapter explores a different application of parametrics, based on real-life case examples, providing you with a detailed guide to the rationale and value of cost engineering in a different industry or program context. Systems Cost Engineering will help cost engineers, project and program directors, and the champions that support them, to understand and apply parametrics to ensure that their programs: * offer a credible analysis of alternative cost options * are never initiated with insufficient funding because of inaccurate estimates of cost or quantification of risks * are never diverted from their objective because of a lack of credible cost management * share and communicate knowledge of realistic and dynamic cost and productivity metrics amongst the program team * are never derailed by surprise cost overruns or schedule delays The information in this book will give projects sponsors and bid managers confidence in the business case that they are developing and enable them to communicate a clear and transparent picture of the risks, opportunities and benefits to stakeholders and project owners.
Effective Document and Data Management illustrates the operational and strategic significance of how documents and data are captured, managed and utilized. Without a coherent and consistent approach the efficiency and effectiveness of the organization may be undermined by less poor management and use of its information. The third edition of the book is restructured to take this broader view and to establish an organizational context in which information is management. Along the way Bob Wiggins clarifies the distinction between information management, data management and knowledge management; helps make sense of the concept of an information life cycle to present and describe the processes and techniques of information and data management, storage and retrieval; uses worked examples to illustrate the coordinated application of data and process analysis; and provides guidance on the application of appropriate project management techniques for document and records management projects. The book will benefit a range of organizations and people, from those senior managers who need to develop coherent and consistent business and IT strategies; to information professionals, such as records managers and librarians who will gain an appreciation of the impact of the technology and of how their particular areas of expertise can best be applied; to system designers, developers and implementers and finally to users. The author can be contacted at [email protected] for further information.
Equality, Diversity and Opportunity Management presents a comprehensive analysis of the processes of governance, leadership, policy and strategy formulation, decision-making, practical and financial management, and real-world implementation of the Equality, Diversity, Opportunity, and Discrimination (or anti-Discrimination) Agenda. The leadership, cost, and management of the Agenda for Equality, Diversity, Opportunity, and Discrimination (or anti-Discrimination) is discussed in three mandatory areas: c Employment and the Workplace c Service Provision and customer service c Neighbourhood and Community Management The necessary choice of these three key areas of application reflects a typical focus of government policy, legislation, and case law for the UK, Europe, North America, Australia, New Zealand, and in many other countries that implement active Human Rights Agendas. You will find the book strongly orientated towards issues of corporate governance, personal and vicarious responsibility, leadership, cost management, implementation, and delivery. It deals directly, professionally, and in a non-opinionated manner with challenging (and sometimes unpopular or unwanted) issues of equality and inequality, diversity, a lack of opportunity or social mobility, and the widespread incidence of discrimination. The work suggests practical and realistic means to deal with such issues, whether at the level of corporate governance, leadership, policy and strategy, the incurring of unnecessary cost, or at the level of operational and departmental management procedure and process. Equality, Diversity and Opportunity Management is written at the same time from scholarly, objective, applied, proportionate, 'hands-on', and practitioner based perspectives.
Supply chain management in the construction industry has passed through different eras - yet throughout, the construction industry has experienced fragmentation, late project delivery and other Gordian Knots due to its slow adoption of innovative modern technologies and principles in the supply chain processes. Addressing the need to harmonise the construction supply chain and establish the industry as the lynchpin of the economy, Construction Supply Chain Management in the Fourth Industrial Revolution Era acts as a roadmap, re-aligning the activities of the construction supply chain stakeholders with the principles and tenets of Industry 4.0. Gathering evidence on both the benefits and disruptive potentials within the current construction supply chain management domain, this collection determines the acceptable practice and standard for regulatory bodies and managers, appealing also to researchers as it expands the frontiers of knowledge in the fourth industrial era.
The physical distribution of products is an important element in the marketing operations of all productive enterprises, and in many cases efficient distribution is the most important single factor leading to success. With the emergence of post-industrial society the role of distribution has come to increasingly be viewed as a generator of wealth in the economy, attracting the interest of public policy makers anxious to influence investment, employment and efficiency in the sector. First published in 1982, this book isolates the major trends affecting the main institutions in distribution and contrasts the processes of change amongst the countries and regions of the European Economic Community. Structural change in the industry is related to spatial change in the regions and comparisons made of the varied public policy responses in member countries. An interesting and relevant reissue, this title will be of particular value to economics and business students with an interest in the development of the European consumer and post-industrial Europe.
A circular economy perspective embraces a notion that we design everything to be reused for as long as possible, and then recaptured and repurposed when reuse is no longer possible. Designing for a circular economy ecosystem requires a more holistic, integrative viewpoint, spanning all aspects of design and development and considering many supply chain actors, far beyond that of traditional supply chains. Circular Economy Supply Chains highlights the need for cross-industry flows and the need for different actors (beyond producers and consumers) in circular value cycles. While biomimicry provides the structure for organizing the book, individual chapters build on other theoretical lenses and concepts, such as stakeholder theory. This book intends to move beyond a buyer-supplier view, embracing a holistic network or ecosystem view, to consider a cross-industry system perspective, where there is a diversity of actors needed for a working ecosystem. This edited book offers a comprehensive overview of system components and actors, including how the circular economy adds value, the role of producers and consumers, the spectrum of recovery possibilities to return products back to the consumption supply chain, and the essential role of information management.
Norman Katz has secured a top spot as one of the Top 50 Global Thought Leaders and Influencers on Supply Chain 2020. Even the largest companies find managing vendors a daunting task. If you get it wrong then you risk inadvertently penalizing potentially valuable suppliers with misguided, overly bureaucratic or costly processes. Worse the burdens placed on the vendors backfires on the customer entity itself as the customer is subjected to the increased operational costs of managing the ramifications of the ill-conceived or poorly implemented requirement through the vendor community, driving up its own operational costs and increasing frustrations for all, straining the customer-vendor relationship. Effective compliance programs balance the requirements with the capabilities of their suppliers, striving to educate instead of just inform. A well-run program should help vendors self-implement and control costs, not force vendors to rely on constant communication and increase costs for all trading partners involved. Successful Supply Chain Vendor Compliance explains the technical, process and cultural elements that go into a successful compliance program. Norman Katz exposes the weaknesses in traditional programs and identifies the characteristics of well-managed programs that foster beneficial trading partner relationships. He shows how a well-executed vendor compliance program can control and decrease costs by reducing disruptions throughout the supply chain, from the distribution center to the data center to the corporate office. Competition is fierce, and the right vendor can help you define a business model, react quickly to changes, and differentiate between you and your competitors. See the latest Forbes article on Abusive Compliance Practices!
This book highlights the applications of blockchain technologies to foster sustainable development in different fields. The concept of Sustainability has grown widespread in today's context and there are many requirements to achieve Sustainability in any industrial sector including mapping, tracing the supply chain to ensure sustainable supply chain management. Reliable and transparent, efficient data is one of the key requirements for Sustainability in today's advanced industrial context. Achievement of Sustainability objectives in this advanced era demands various technological advancements such as Blockchain technologies. The core competencies of blockchain technology namely transparency, data auditability, privacy, value transfer, and process efficiency and automation are very much essential for achieving the multifold objectives under sustainability.
Global disruption, new technologies and changing consumer habits are causing turmoil in the supply chain industry. This book shows businesses how to remain resilient in this dynamic new environment. The supply chain crisis of 2021 exposed the necessity of a sustainable supply chain. The Fourth Industrial Revolution has transformed our society and economy. The logistics and supply chain industry continues to be innovated by automation, blockchain and sustainability. Amid all this volatility, it is vital for businesses to not only protect their operations from disruption, but to rise to the challenge that these innovations pose to become game-changers in their sectors. Now in its second edition, Logistics and Supply Chain Innovation provides vital insight into the major trends transforming the supply chain and logistics industry. Featuring a new section on the role of technologies in reducing carbon emissions, case studies from companies such as Amazon, Alibaba, Maersk, UPS and DHL, as well as a full update of all existing content on crowd sourcing and shipping, on-demand delivery, autonomous vehicles and more, Logistics and Supply Chain Innovation is the essential guide to thriving in a rapidly developing logistics landscape. Online supporting resources include PowerPoints and sample case studies.
Supply Chain Risk Management is an issue that many companies
face and yet few companies know how to deal with it in a systematic
and pragmatic manner. While avoiding and reducing supply chain
risks are certainly preferable, developing ways to restore and
stabilize supply chain operations rapidly after a major disruption
is critical for managing global supply chains. Sodhi and Tang
present important concepts, frameworks, strategies, and analyses
that are essential for managing supply chain risks. Not only does
this book suggest some practical ways to work with different
partners to manage the risks that are present in a global supply
chain, it creates a framework that would enable practitioners to
engage researchers to work on this important area.
Company executives in every field are recognizing the critical importance of entering into the global economy. As transportation and logistics companies follow their clients' expansion into these international markets, they must be able to service their clients' supply chain needs in new economies and turbulent markets. Managing Growth and Expansion into Global Markets addresses the unique logistical, transportation, and distribution issues surrounding growth and expansion into global markets. It supplies a full overview of contemporary management assessment tools, to provide an understanding of exactly what it takes to enter foreign markets and avoid common pitfalls. Distilling the author's decades of experience in global supply chain management and international business, this book is ideal for those looking to grow and develop their global supply chains. The book details the benefits and drawbacks of both organic growth and merger and acquisitions into global markets. It illustrates the most common types of problems that occur during mergers and acquisitions and describes exactly what you can expect during the transition period. Explaining why some organizations transition new business units successfully while others struggle, this book will help you properly assess your best options to grow your organization and expand your supply chain capabilities. The book examines the array of legal and regulatory implications that you need to review, understand, and bring into your decision-making process. It also provides specific answers, strategies, and a best-practice outline that you can follow. A must-read for anyone involved with global growth and expansion in the supply chain arena, this book is also an ideal tutorial to help students and business-school attendees gain practical insights into global supply chain issues.
Based on the author's real world experience during the course of her career in supply management, engineering, and as a project management professional, this unique guide demonstrates a practical and proven approach to using project management strategies, tools, and techniques to consistently create successful procurement practices that go beyond mere cost savings. Procurement Project Management Success integrates supply management best practices and processes with those applicable from the field of project management. It explains how to initiate, plan, manage, and complete both simple and complex procurement projects successfully. Through the use of scheduling, communication plans, risk management and other project management processes, these procurements satisfy stakeholders by setting expectations, continuously communicating status, and getting the best value for the dollar. This book shows project managers all the steps and processes used in procurement, and details for procurement professionals how adding and applying a few project management processes and techniques to their skill set can substantially improve both their company's results and their career opportunities. |
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