Today, supply chain transformation for creating customer value
continues to be a priority for many companies, as it enables them
to gain a competitive advantage. While value creation is shaped by
external drivers such as market volatility, technology, product and
service offering and disruption, it can be stymied by the internal
stresses arising from the need to minimize costs, limitations in
process redesign, waste minimization and the unavailability of
knowledge capital. Therefore, for companies to survive and prosper,
the relevant questions to ask would be how to identify the
external/internal forces driving changes and how to map the
business drivers to the attributes of transformation.
While the contemporary supply chain is well-structured, the
evolving economic system is causing disruptions to this structure.
The emergence of novel business paradigms non applicability of the
traditional laws of supply and demand, dominance of negative
externality effects and anomalies of high growth rate coexisting
with high supply side uncertainty must be recognized in
transforming supply chains. For example, healthcare delivery and
humanitarian relief do not follow known supply/demand
relationships; the negative externality effects are increasing
sustainability concerns; and emerging economies, with dysfunctional
business infrastructure, must manage high growth rates.
This book delves into the transformation issues in supply chains
and extends the concepts to incorporate emerging issues. It does so
through ten chapters, divided into three sections. The first
section establishes the framework for transformation, while the
second focuses on the transformation of current chains in terms of
products, processes, supply base, procurement, logistics and
fulfillment. Section three is devoted to capturing the key issues
in transforming supply chains for emerging economies, humanitarian
relief, sustainability and healthcare delivery.This work will be of
interest to both academics and industrial practitioners and will be
of great value to graduate students in business and engineering. It
raises many questions, some provocative and provides many leads for
in-depth research. Several approaches are suggested for new
problems along with a discussion of case studies and examples from
different industries."
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