CHAPTER 11

New Supply Chain Strategy Approaches

Introduction

Since the early 1980s, when the Japanese introduced their just-in-time system for industrial operations, business settings changed in many ways to manage better the supply chain. Difficulties regarding process simplification, inventory control, quality assurance, on-time delivery, and fast service resulted from this new approach-driven business environment. To effectively figure out the problems that companies where facing, they needed to find new ideas for efficient application of their supply chain strategies to address those unique challenges.1

The Chinese Example

In China, those problems were phenomenal. Situations in the Asia-Pacific region have significantly changed after China ...

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