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Definitive Guides for Supply Chain Management Professionals (Collection) by Nada Sanders, Tate Wendy, Haozhe Chen, C. Clifford Defee, Joe B. Hanna, Gibson Brian J., Brian C. Keller, Scott B. Keller, Robert Frankel

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7. The Supply Chain of the Future

The supply chain principles, processes, and strategies discussed throughout this book focus on supply chain structures, strategies, and processes that are being used today by leading-edge organizations. They realize that supply chain management (SCM) offers the opportunity to help drive profits through cost reduction and revenue contribution. As a result, SCM is helping them achieve shareholder value and build a competitive advantage in the marketplace.

Intelligent organizations are also attuned to the importance of being vigilant and forward thinking. SCM takes place in a vibrant, global environment in which strategies can lose relevance, networks can be disrupted, and cost dynamics can shift. Savvy managers ...

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