Guideline 2008, managing the total costs of global supply chains, and the need for management accountants to continue to add significant value by working with their management colleagues to. Supply chain management scm is a continually evolving field, relying on breaking down internal and external organizational. At the microeconomic level, growth of b2b ecommerce results in a. Download operations management 11th edition book online pdf. Costs of raw products and components also tend to vary over time. In commerce, global supply chain management gscm is defined as the distribution of goods and services throughout a transnational companies global network to maximize profit and minimize waste. Existing supply chain management books focus on logistics, operations management, and purchasing. State university, where he has received awards for teaching excellence at both the undergraduate and graduate levels. Ibm also routinely responds to requests from our clients and governments for information about the environmental attributes of our products. This guide provides a good starting point for general research in this area. The scope of book takes into consideration how the emerging environmental regulation might be transformed into business practices.
The supply chain can also be affected by shortages of raw materials or product components and transportation problems. The terms operations, supply chains, operations management and supply chain management are defined. For companies with many suppliers and subsuppliers in many different countries it may be a challenge to get an overview of the supply chains. While observers agree that digitalization is coming later to international supply chain management than many other critical business functions, significant strides were made in 2018. This chapter introduces global supply chain and operations management. The digital transformation of the global supply chain holds out the promise for better visibility, agility, and speed in managing many of these challenges in 2019. Environmental issues in supply chain management springer. It provides guidance on important topics, including agile supply chains, it, sustainability and performance management, collaboration, outsourcing and humanitarian logistics. In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to or absorbed into each. Sanders provides supply chain managers with a completely unique approach, presenting scm from a balanced, integrative, and businessoriented viewpoint. Today, global supply chain managers may need to understand geopolitical and. Global strategic supply chain management l6m3 module purpose on completion of this module, learners will be able to evaluate the influence of strategic supply chain management and assess the methods which are available to measure, improveand optimise supply chain performance. What are the biggest challenges of managing global supply.
This new edition builds on the success of the previous edition, focusing on the. Issues and principles introduces readers to a wide selection of case studies covering a multitude of supply chains in different. This primer was written to promote the application of basic and sound supply chain management principles. This includes product design, material sourcing and selection, the manufacturing. Global supply chain and operations management the book. The talent gap in supply chain management isnt just about technology. Supply chain and operations management in everyday life. Tourism supply chain management by song, haiyan ebook. Throughout the semester i used the book for further explanation of topics that i didnt quite understand from lecture and found the explanations to be helpful and straightforward. Cultural affects on the global supply chain scm supply. Therefore, the authors present the innovative approach to ecofriendly organization and coordination of logistics processes and supply chain configuration. Operations and supply chain management, 9th edition wiley. The highly competitive environment has forced tourism firms to look. Jan 02, 2012 written by the editorial director of penton medias supply chain group and a contributing editor to industryweek magazine.
Russell and taylors operations and supply chain management, 9th edition is designed to teach students how to analyze processes, ensure quality, create value, and manage the flow of information and products, while creating value along the supply chain in a global environment. The recommended resources cover various aspects of logistics management, including industrial procurement, supply and demand, inventory management, and project managment. Supply chain management efforts enhance and improve efficiencies throughout every stage of the process, making it quicker, easier, more affordable and valuable to both the company and end users. It was written for a global audience of practitioners and their managers. Global strategic supply chain management l6m3 module purpose on completion of this module, learners will be able to evaluate the influence of strategic supply chain management and assess the. Contributors, all supply chain experts with real world experience, clearly define supply chain management, identify those factors that contribute to effective supply chain management, and suggest how the adoption of a supply chain management approach can affect business strategy and corporate performance.
An optimized supply chain allows a company to quickly assess a suppliers ability to meet financial, legal, safety, quality, and environmental regulations and expectations. Working in multicultural teams will improve global decisions. With a global view and a transparent supply base, international supply chain operators can identify reliable suppliers anywhere in the world. With the supply chain covering a broad range of disciplines, the definition. This edition of global logistics provides new chapters on supply chain trends and strategies, fulfilling customer needs, and supply chain vulnerability. Completely uptodate, manufacturing planning and control for supply chain management. At the microeconomic level, growth of b2b ecommerce results in a substantial reduction in transaction costs, improved supply chain management, and reduced costs for domestic and global sourcing. Supply chain management best practices wiley online books. Supply chain management scm is a continually evolving field, relying on breaking down internal and external organizational barriers to gain efficiencies. Principles of global supply chain management by yuiyip lau. Educational supply chain also consists of education supply chain and research supply chain. The case studies in this book are also very interesting. Apicscpim certification edition offers comprehensive preparation for the challenging cpim exam with hundreds of practice exam questions and detailed case studies. It also offers guidance on the latest technology, green supply chains.
It was after reading manuj and mentzers articles on global supply chain risk management and global supply chain risk management strategies that i came across this book, when searching for more papers from mentzer andor manuj, and naturally, i decided to see if there was something on supply chain risk in it. Supply chain and logistics in national, international and. It was after reading manuj and mentzers articles on global supply chain risk management and global supply chain risk management strategies that i came across this book, when searching for more. Concerned with the complete management of the flow of goods, information, and. Russell and taylors operations and supply chain management, 9th edition is designed to teach students how to analyze processes, ensure quality, create value, and manage the flow of information and.
Although it seems that global supply chains are designed without regard to national boundaries, but the true value of a global supply chain can only be realized by taking advantage of these national boundaries. The book will appeal to everyone with interest in the concept of. Handbook of research on global supply chain management. Rather than examining scm as an offshoot of other business functions, this book. In fact, the management of global supply chains poses more challenges i. James malakoff, special assistant to the president, global. In commerce, global supplychain management gscm is defined as the distribution of goods and services throughout a transnational companies global network to maximize profit and minimize. The highly competitive environment has forced tourism firms to look for ways to enhance their competitive advantage. It also offers guidance on the latest technology, green supply chains, going lean, how to choose thirdparty logistics providers, and how to manage the supply chain in a global environment. Fundamentals of supply chain management 8 introduction 1ntroduction i 1. Enterprises entering new markets often need to form new. International supply chain management is the same as domestic supply chain management spread over a larger geographic area. The concept of munificence in the global environment is similar to that of capacity. Although the use of global sources in organisations supply chains can be.
Global supply chain management also faces the challenge of variations in customer demand that occur seasonally and over longer time periods. Therefore, the authors present the innovative approach to eco. It is said that the ultimate goal of any effective. Manufacturing planning and control for supply chain management by f. Risk management in the supply chain has become increasingly important as companies both large and small seek to extend their global reach. The economic impact of ecommerce cscmps supply chain. The steady growth in businesstobusiness ecommerce has changed the cost and profit picture for companies worldwide. It addresses the most fundamental concepts and best practices of contemporary supply chain management.
The publication principles of global supply chain management is a very useful book for students in the field of supply chain management studying in english and. Air cargo management provides a comprehensive and lively overview of the air cargo industry, which is both economically and strategically important in the field of logistics, world trade. Issues and principles introduces readers to a wide selection of case studies covering a multitude of supply chains in different economies of the world and examines major issues related to supply chain management. These challenges comprise, for instance, an increase on transportation costs, lead times. Russell and taylor explain and clearly demonstrate the skills needed to be a successful operations manager. On the one hand, globalization and digitization have provided many companies with great opportunities for growth and profitability, but on the other, the risk level in the supply chain has increased. Guideline 2008, managing the total costs of global supply chains, and the need for management accountants to continue to add significant value by working with their management colleagues to create competitive advantage 4 supply chain management accounting. In the new dynamic economic environment where supply chains increasingly face constant change and. Green supply chain management grscm aims to integrate environmental thinking into supply chain management. Supply chain management involves coordinating and integrating these flows both within and among companies. Pdf principles of global supply chain management researchgate.
The underlying issues related to transformation processes and value creation are analysed. Sustainability in logistics and supply chain management. In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to or absorbed into each unit of production. Supply chain ibm does business with suppliers that are environmentally and socially responsible, and encourages environmental leadership among them. International supply chain management challenges in 2018. Air cargo management provides a comprehensive and lively overview of the air cargo industry, which is both economically and strategically important in the field of logistics, world trade and supply chain management. Today, global supply chain managers may need to understand geopolitical and corporate social responsibility csr issues, and sometimes even help shape prototypes of future products. In depth coverage of manufacturing planning and control mpc best practices and the latest. Process strategy s7capacity and constraint management 8. Fierce global competition in the tourism industry is now focused on integral parts of supply chains rather than on individual firms. Supply chain management in the global context econstor. Supply chain and logistics in national, international and governmental environment.
Global supply chain management not just about tech. Indepth coverage of manufacturing planning and control mpc best practices and the latest research gives. In commerce, supply chain management scm, the management of the flow of goods and services, involves the movement and storage of raw materials, of workinprocess inventory, and of finished. Global supply chain management model the goal is to maximize profit. The global strategy leads to a further cost reduction of 3.
International supply chain management and collaboration practices. The fixed costs are usually allocated to units of output on the basis of direct labor hours, machine hours, or material costs. The global business environment is no longer a cluster of many. Experience shows that companies using active and efficient risk management make a strong case for the outlay of expenditure in this regard, both in terms of image and finances which should motivate others to also concern themselves intensively with the topic of risk management in the supply chain. This book was required for a supply chain management class i took last semester. Map your supply chain environmental supply chain management starts by mapping the supply chain and assessing the environmental impact of products and services with a life cycle approach. Culture must be respected and accepted when working in the global environment in order to avoid the cultural complexities that. The contents pages 1 to 276 of this book are licensed under the creative commons. What is supply chain management scm and why is it important. Fundamentals of supply chain management is based on the authors many years of teaching and research experience. This model depicts the integrated form of educational supply chain and educational management for the universities.
It provides a structured description of all the most important components in the topic area, and supports it by many realworld leading edge company cases. Fundamentals of supply chain management kenyatta university. Written by the editorial director of penton medias supply chain group and a contributing editor to industryweek magazine. Sep 27, 2018 this chapter introduces global supply chain and operations management. Risk management in the supply chain supply chain 247. Tourism products are often viewed by consumers as a valueadded chain of different service components and identifying ways to effectively. Fostering supply chain management in global business pages 4571. Supply chain management scm is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Digital supply chain, smart operations, and industry 4. The main concern of this book are national and governmental supply chains, which. This paper is the revised version of itescm model, which represents academic.
As part of its global environmental management system, ibm conducts a threestage supplier environmental evaluation for suppliers executing processes for which ibm. Apr 30, 2020 welcome to the bellevue university guide for supply chain and logistics management undergraduate. In commerce, supply chain management scm, the management of the flow of goods and. State university, where he has received awards for teaching excellence at both. On this website you will find a lot of uptodate complementary material for your own use or for deployment in teaching and education. Manufacturing planning and control for supply chain management. Essentially, global supply chain management is the same as supply chain management, but it focuses on companies and organizations that are trans. Risk management is required throughout the full lifecycle of a. Solving challenges in global supply chain management. Enterprises entering new markets often need to form new supplier relationships, engage with stateowned entities, and adapt to local laws and culture. Santa claus is one of the best supply chain sc and operations managers in the world. Risk management strategy should be included in the sourcing strategy, reflecting the overall needs of the organisation.
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