book

Essentials of Supply Chain Management, 4th Edition

by Michael H. Hugos

March 2018

Beginner

368 pages

8h 12m

English

Wiley

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Nothing Entirely New … Just a Significant EvolutionHow the Supply Chain WorksThe Evolving Structure of Supply ChainsParticipants in the Supply ChainAligning the Supply Chain with Business StrategyChapter Summary
A Useful Model of Supply Chain OperationsDemand Forecasting and Planning (Plan)Product Pricing (Plan)Inventory Management (Plan)Credit and Collections (Source)Chapter Summary
Product Design (Make)Production Scheduling (Make)Facility Management (Make)Order Management (Deliver)Delivery Scheduling (Deliver)Return Processing (Deliver)Supply Chain Operations Can Be OutsourcedChapter Summary
New Technology Is Changing Supply Chain OperationsKey Components of Information TechnologyNew Supply Chain TechnologyImpact on Supply Chain OperationsAssessing Technology and System NeedsE‐Business and Supply Chain IntegrationChapter Summary
Useful Model of Markets and Their Supply ChainsMarket Performance CategoriesA Framework for Performance MeasurementCustomer Service MetricsInternal Efficiency MetricsDemand Flexibility MetricsProduct Development MetricsOperations that Enable Supply Chain PerformanceCollecting and Displaying Performance DataThree Levels of DetailSpotlighting Problems and Finding OpportunitiesMarkets Migrate from One Quadrant to AnotherSharing Data Across the Supply ChainChapter Summary
The Bullwhip EffectCoordination in the Supply ChainSupply Chain Product Data StandardsCollaborative Planning, Forecasting, and ReplenishmentCPFR in ActionHow to Start Supply Chain CollaborationSales and Operations PlanningChapter Summary
Supply Chain Performance Depends on Timely DataCoordination and Collaboration in Supply ChainsUse Collaboration to Reinvent Supply Chain OperationsProcess for Collaborative Supply Chain OperationsChapter Summary

The Supply Chain as a Competitive AdvantageIdentify the Business Opportunity and Define the GoalCreate the StrategyCreate a Conceptual System DesignStrategic Guidelines for Designing SystemsDefine Project ObjectivesCreate an Initial Project Plan and BudgetEstimate the Project Budget and ROIDefine the Specific Costs and BenefitsChapter Summary
Charlie Supply, Inc.—Initial Business SituationNew Opportunities Emerge—Follow‐on SituationStrategic Alliances for Competitive AdvantageChapter Summary
The Start of Something BigWinning at the Game of Real‐Time Supply ChainsChapter Summary

Overview

The bestselling guide to the field, updated with the latest innovations

Essentials of Supply Chain Management is the definitive guide to the field, providing both broad coverage and necessary detail from a practical, real-world perspective. From clear explanation of fundamental concepts to insightful discussion of supply chain innovation, this book offers students and professionals a comprehensive introduction with immediately-applicable understanding. The fourth edition has been updated to reflect the current state of the field, with coverage of the latest technologies and new case studies that illustrate critical concepts in action. Organized for easy navigation and ease-of-use, this invaluable guide also serves as a quick reference for managers in the field seeking tips and techniques for maximizing efficiency and turning the supply chain into a source of competitive advantage.

The supply chain underpins the entire structure of manufacturing and retailing. Well-run, it can help a company become a global behemoth—or, if poorly-managed, it can sink a company before the product ever sees the light of day. The supply chain involves many moving parts, constantly-changing variables, and a network of other business that may have different priorities and interests—keeping it all running smoothly is a complex, but immensely powerful skill. This book takes you inside the supply chain to show you what you need to know.

Understand the fundamental concepts behind supply chain management
Learn how supply chains work, and how to measure their performance
Explore the ways in which innovation is improving supply chains around the world
Examine the supply chain as a source of competitive advantage

Whether you’re at the front or the back of your supply chain, your business is affected by every other company and event in the chain. Deep understanding and a host of practical skills are required to accurately predict, react to, and manage the ever-changing stream of events that could potentially disrupt the flow. Essentials of Supply Chain Management prepares you to take on the challenge and succeed.