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Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World PDF Author: Christopher Gopal
Publisher: McGraw Hill Professional
ISBN: 1264991886
Category : Business & Economics
Languages : en
Pages : 353

Book Description
A timely guide to rethinking and reinventing supply chains with breakthrough thinking to benefit your organization, the economy, and the world Major global events have brought to the forefront the impact of supply chains on everything from the success of companies and the health of individuals to global prosperity. As global business and geopolitical conditions change radically, it is imperative that supply chain strategies and operations transform to thrive in a volatile environment. Leaders have come to recognize the critical importance of resilience, agility, flexibility, and assurance of supply. Breakthrough Supply Chains provides a comprehensive view of end-to-end supply chains and dispels the common myths about them. It provides “breakthrough thinking” principles that address critical topics for enterprise and public policy: How supply chains have enabled profitable and beneficial growth in the evolving world The evolution of “the new customers” and what they demand The critical success factors for managing demand and supply in a complex and risky world Information, data, governance, analytics and measurements that guide strategic choices Resilience, risk, and supply assurance Sustainable supply chains and the environment Whether you are a business executive, manager, government agency leader, or member of the interested public, Breakthrough Supply Chains reinvents the supply chain with far-reaching effects. This is your go-to guide.

Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World PDF Author: Christopher Gopal
Publisher: McGraw Hill Professional
ISBN: 1264991886
Category : Business & Economics
Languages : en
Pages : 353

Book Description
A timely guide to rethinking and reinventing supply chains with breakthrough thinking to benefit your organization, the economy, and the world Major global events have brought to the forefront the impact of supply chains on everything from the success of companies and the health of individuals to global prosperity. As global business and geopolitical conditions change radically, it is imperative that supply chain strategies and operations transform to thrive in a volatile environment. Leaders have come to recognize the critical importance of resilience, agility, flexibility, and assurance of supply. Breakthrough Supply Chains provides a comprehensive view of end-to-end supply chains and dispels the common myths about them. It provides “breakthrough thinking” principles that address critical topics for enterprise and public policy: How supply chains have enabled profitable and beneficial growth in the evolving world The evolution of “the new customers” and what they demand The critical success factors for managing demand and supply in a complex and risky world Information, data, governance, analytics and measurements that guide strategic choices Resilience, risk, and supply assurance Sustainable supply chains and the environment Whether you are a business executive, manager, government agency leader, or member of the interested public, Breakthrough Supply Chains reinvents the supply chain with far-reaching effects. This is your go-to guide.

The LIVING Supply Chain

The LIVING Supply Chain PDF Author: Robert Handfield
Publisher: John Wiley & Sons
ISBN: 1119307198
Category : Business & Economics
Languages : en
Pages : 227

Book Description
Creates a managerial compass for entering into the LIVING (Live, Intelligent, Velocity, Interactive, Networked, and Good) era of supply chain management and defines the imperative for creating Velocity and Visibility as the focal point for exploiting new digital, mobile, and cloud-based technologies Written by well-known researchers in the field, this book addresses the changes that have occurred and are still unfolding at various organizations that are involved in building real-time supply chains. The authors draw on their experiences with multiple companies, along with references to the natural evolution of ecosystems throughout to help identify the “new rules of supply chain management." The LIVING principles associated with the rapid digitization and technology changes occurring in the global economy are discussed, along with the push to become more sustainable and responsive to customer needs. “ Handfield and Linton reveal the “secret ingredient” to leveraging the power of a well managed supply chain....will revolutionize the way companies approach supply chain management.” Frank Crespo, Vice President, Global Supply Network Division (CPO/Logistics/IoT Analytics), Caterpillar Inc. “ The LIVING supply chain is a wake up call to any enterprise that depends on suppliers and contractors. Be fast, be nimble and make supply chain transparency the nucleus of your operations or become endangered.” Paul Massih, Vice President, BP PSCM “ ...a fascinating journey through the future of supply chain management ... a must read for every supplychain professional.” Yossi Sheffi, Professor, MIT Center for Transportation and Logistics “ ... a great “living” reading on how to bring supply chains to a powerful living state. The idea of Live-Interactive-Velocity–Intelligent–Networked-Good is the foundation of how supply chains can be agile, adaptive and aligned. ...of value to every supply chain executive and practitioner.” Hau Lee, Professor, Stanford University “ Successful businesses are those that support the success of their customers. This book captures the essence of our volatile, uncertain world and the opportunities that exist for the commercially astute, organizationally integrated business. More important, it offers insight to the recipe for 21st century operations and the management of complex supply ecosystems.” Tim Cummins, CEO, International Association of Commercial and Contract Management “ A LIVING supply chain requires a living company. The authors make a great case for how Flex is creating a living company to thrive in the living supply chain.” Tom Choi, Harold E. Fear on Eminent Scholar Chair of Purchasing Management, Arizona State University, Executive Director, CAPS Research “ To survive we need to have an adaptive supply chain and capability to both optimize and adapt simultaneously. This book begins to describe the ability to shift from functional silos to E2E Frictionless flow with the maturity to make E2E tradeoff decisions as a key enabler for success.” Wayne Rothman, Vice President, Enterprise Supply Chain Planning, Johnson & Johnson “A fantastic read and excellent stories from Dr. Handfield and Tom.” Joanne E. Wright, Vice President, IBM Supply Chain ROBERT HANDFIELD, PhD, is Bank of America University Distinguished Professor of Supply Chain Management and Director of the Supply Chain Resource Cooperative at North Carolina State University. The author of four books and over 150 journal articles, Dr. Handfield received his PhD in Operations Management from The University of North Carolina in 1990. TOM LINTON is Chief Procurement and Supply Chain Officer at Flex. A recognized industry and functional expert, he has 30 years of international industrial experience in procurement and supply chain management. Tom Linton is also the recipient of the Procurement Leaders Lifetime Achievement Award in May, 2017.

The Structure of Global Supply Chains

The Structure of Global Supply Chains PDF Author: Panos Kouvelis
Publisher: Now Publishers Inc
ISBN: 1601980981
Category : Business & Economics
Languages : en
Pages : 155

Book Description
Global supply chain management is a core business process of the utmost strategic importance that all global firms have to manage. The Structure of Global Supply Chains provides a better understanding for the development of the right "footprint" of a global firm in its effort to supply its markets in environments of fast paced competition and tremendous uncertainty. The authors focus on the structure of global supply chains and the detailed choices involving the network of facilities at all stages of the supply chain in order to successfully execute the global business strategy. The main purpose of The Structure of Global Supply Chains is to go beyond an elementary exposition of global supply chain network design issues using the latest research to identify the multiplicity of factors that contribute to designing these networks for competitive advantage of the global firm, while at the same time exposing both the successful features and the challenges faced by decision support systems developed to address such decisions. The emphasis is on presenting approaches built on operations and supply chain modeling research and support tools based on academic and industrial research of the last two decades. The Structure of Global Supply Chains provides the reader with comprehensive answers to how should a global firm configure its network of facilities and what dynamic approaches to use to effectively reconfigure it in an effort to meet demand in global markets in a profit maximizing way of sustainable profitability and competitive advantage.

Advanced Strategies in Supply Chain

Advanced Strategies in Supply Chain PDF Author: Murillo Xavier
Publisher:
ISBN:
Category :
Languages : en
Pages : 196

Book Description
The 2020 pandemic was the tipping point bringing new challenges for supply chains all over the world. Recent surveys show that 20% of the retail business will not survive the next 5 years and over 50% of customers shopping online for groceries, clothes, and other items, will not go back to brick and mortar stores after the pandemic. Changes in the economy, society, and technology are quickly redefining the way businesses operate. Companies that fail to adapt to the New Normal, may not survive in the long run. This book discusses the latest trends and brings examples of advanced strategies and best practices in supply chain that can help executives not only to survive but to step ahead of the competition in the New Normal. Horizontalization of the Supply Chain, Supply Chain Segmentation, Risk Management, Process Mining, Factory 4.0, Digital Twins, Robotic Process Automation, and Drones are just a few of the tools and strategies discussed here.Follow the steps of industry leaders and learn how to weaponize your Supply Chain, crushing your competitors, and becoming more attractive to your customers.

The Supply Chain Game Changers

The Supply Chain Game Changers PDF Author: Theodore (Ted) Stank
Publisher: FT Press
ISBN: 0134093852
Category : Business & Economics
Languages : en
Pages : 411

Book Description
BREAKTHROUGH BEST PRACTICES IN GLOBAL SUPPLY CHAIN MANAGEMENT FROM WORLD-CLASS PRACTITIONERS For all supply chain decision-makers, professionals, and students Improve financial and operational performance Manage risk and ensure continuity Drive value through deeper integration Optimize logistics cost and customer responsiveness Hire and develop world-class talent This book brings together advanced supply chain practices that yield significant, enduring business advantage. It reflects extensive collaboration between industry pioneers and The University of Tennessee Global Supply Chain Institute (GSCI), a leading source of best practice knowledge for global supply chain management. Building on GSCI’s deep industry partnerships, this book’s techniques take you far beyond the past decade’s advances. You’ll find new approaches to managing risk, integration, talent, distribution, purchasing, logistics, and more—all extensively vetted by leading executives. The authors fully explain each technique; its rationale, advantages, and challenges; and how pioneering organizations have implemented it. The world will look radically different in five years. If you want your supply chain to deliver competitive advantage tomorrow, you need to prepare today. This book shows you what to do, and how to get there. In recent years, practically everyone’s supply chain has become more sophisticated. To gain competitive advantage from your supply chain in the future, you’ll have to do even more. The Supply Chain Game Changers identifies powerful new ways to drive value in complex global supply chains, shows how pioneers are succeeding with these innovations, and helps you make them work in your environment. The authors first discuss ten trends impacting global supply chains today, and preview emerging drivers of change through 2025. Reflecting these changes, they share new best practices for managing global supply chains, evolving supply networks, and accounting for economics, politics, infrastructure, and competence. Next, the authors drill down to offer detailed guidance on several crucial aspects of supply chain management. You’ll discover new ways to identify, prioritize, and mitigate risk; balance cost and customer responsiveness through advanced distribution centers; integrate purchasing and logistics more effectively; and attract and develop world-class talent. The book concludes with the authors’ Top Ten actions for creating tomorrow’s world-class supplychain, practical tools for assessing where you stand,and detailed guidance for creating your new Action Plan.

Supply Chain Transformation

Supply Chain Transformation PDF Author: Amiya K. Chakravarty
Publisher: Springer
ISBN: 9783642419126
Category : Business & Economics
Languages : en
Pages : 351

Book Description
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.

Managing Globalized, Deglobalized and Reglobalized Supply Chains

Managing Globalized, Deglobalized and Reglobalized Supply Chains PDF Author: Di Fan
Publisher: Springer Nature
ISBN: 3031424182
Category : Business & Economics
Languages : en
Pages : 67

Book Description
This book provides an in-depth exploration of the complexities surrounding supply chain globalization, de-globalization, and the prospective re-globalization. It not only presents the interplay of these phenomena but also navigates their root causes through the lens of organizational, economic and political theories. The analysis spans across multiple fields, enabling readers to grasp the full breadth and depth of the dynamics at play. In this book, you'll delve into the intricacies of global sourcing and production. These discussions will help you understand the layers of complexities inherent in managing global supply chains. You'll explore the risks and uncertainties associated with international supply chain operations, gaining insight into building resilient and adaptive systems capable of thriving amidst constant change. You'll also learn about the sustainability challenges emerging within the global supply chain environment. How can firms ensure that their supply chains remain economically viable, socially responsible, and environmentally friendly? These and other topics find their discussions in the pages of this book. This book offers considerable value for various readers. Students at both undergraduate and postgraduate levels can gain essential understanding of concepts and phenomena related to supply chain globalization. Operational managers can find practical implications and strategies for managing their global supply chains amidst an unpredictable international trade environment. Finally, the book doesn't only focus on the present. It forecasts potential future developments and proposes new research directions in the fields of supply chain management, strategic management, and international business. Thus, it's also an indispensable resource for scholars seeking fresh perspectives and avenues for exploration.

The Profitable Supply Chain

The Profitable Supply Chain PDF Author: Ramnath Ganesan
Publisher: Apress
ISBN: 148420526X
Category : Business & Economics
Languages : en
Pages : 284

Book Description
The Profitable Supply Chain: A Practitioner's Guide provides a first-principles approach to understanding the drivers of today’s successful supply chains, covering everything from inventory and demand management to network planning to technology-driven improvements in efficient supply chain management. Apart from introducing the latest concepts and methods, supply chain expert and consultant Ramnath Ganesan provides numerous real-world examples and cases to clarify how his process-oriented approach can be applied to specific situations, together with spreadsheet functions when appropriate. Practitioners will be especially interested, for example, in the sections on assessing external factors for demand, modifying network routings in response to rising fuel prices, designing a framework for identifying issues and tracking actions, and instituting financial measures to track performance. The book addresses situations found in such industries as consumer electronics, healthcare, telecommunications, consumer goods, industrial equipment, building materials, and many others. No matter the industry, all firms trading products face operational challenges in producing and/or moving goods in a geographically dispersed global network while fulfilling customer demand in a timely and cost-efficient manner. Such demands can only be supported by a rigorous approach that aligns supply with demand, an approach this book outlines clearly and simply. The Profitable Supply Chain will prove a valuable reference for production schedulers, plant managers, material managers, demand planners, and supply chain executives. Among other things, it covers the following topics in great depth: How to design and implement an efficient, scalable supply chain management process from the ground up—or improve the one you have. How to maintain adequate inventory levels while reducing the cost of supplying products. How to implement specific metrics that help improve supply chain performance and forecast accuracy. How to gain competitive advantages through the latest advances in IT architecture and software. This book will also be of immense value to information technology professionals. That includes enterprise application developers charged with designing and implementing a supply chain IT architecture, as well as those administering and maintaining an enterprise resource planning or advance planning system. There are few areas in business more ripe for cost reductions than in the supply chain. The Profitable Supply Chain is therefore your go-to resource for making supply chain operations leaner, more efficient, and ultimately far more profitable than they are now.

Strategic Supply Chain

Strategic Supply Chain PDF Author: Shoshanah Cohen
Publisher: McGraw Hill Professional
ISBN: 0071454497
Category : Business & Economics
Languages : en
Pages : 337

Book Description
Agile, strategic supply chain management is a key competitive necessity in today’s no-room-for-error business arena. And few organizations have acquired more knowledge—and demonstrated better results—than the team at global management consultancy Pittiglio, Rabin, Todd, and McGrath (PRTM). In the breakthrough reference Strategic Supply Chain Management, two of PRTM’s leading consultants in this practice explain everything that corporate decision-makers need to know to create value and competitive advantage from their supply chains.

In Pursuit of Supply Chain Resilience

In Pursuit of Supply Chain Resilience PDF Author: Andrew Zeiser
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 0

Book Description
Supply chains have grown increasingly global and interconnected over the past decades. Technological advancements have enabled organizations to pursue improved performance while simultaneously reducing costs; all in pursuit of increased profits. However, this same supply chain globalization has amplified companies' risk exposures. These risks lead to increased supply chain disruptions- interruptions in the flow of materials and products between entities in supply chains. At the same time, high-impact disasters- from various causes- are increasing in frequency. For example, evidence from the COVID-19 pandemic has revealed how discrete events cause ripples felt across industries and geographies. Therefore, it is essential to improve our understanding of resilience- an organization’s ability to withstand, recover and grow from disruption- not only to further scientific knowledge, but also to provide actionable guidance to our practitioner community. This dissertation examines how organizations respond to disruptions and communicate those disruptions- to partner organizations and public stakeholders. In Chapter 2, we utilize semi-structured interviews to explore how an organization’s capabilities of agility, adaptability, and alignment (AAA capabilities) connect to and enable its resilience. We find empirical evidence suggesting that alignment between and within organizations drives the ability to respond to short-term disruptions (agility) and make long-term adjustments (adaptability). In Chapter 3, we utilize an online scenario-based experiment to assess whether the timing and accuracy of shared disruption-related information influence the relationship between a buyer and supplier. Much of the literature on information sharing during supply chain disruptions assumes that the information transmitted is accurate, an assumption unlikely to be true given the uncertainty surrounding supply chain disruptions. We show that when a supplier shares information quickly, regardless of that information’s accuracy, the buyer has greater trust and willingness to continue the relationship with the supplier. In chapter 4, we collect a unique dataset of qualitative documents to investigate how organizations communicate a sustained component shortage. We find that organizations utilize a broad playbook of communication strategies to broadcast the shortage and their response to that shortage to public stakeholders. Finally, in Chapter 5, we provide conclusions. Each chapter of this dissertation expands the theoretical understanding of how organizations can better respond to disruptions and pursue resilience. Additionally, each chapter offers practical applications for organizations experiencing disruptions.