Managing the Supply Chain: The Definitive Guide for the Business Professional

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McGraw Hill Professional, Nov 22, 2003 - Business & Economics - 300 pages
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In today's environment of tight budgets and even tighter turnarounds, effective supply-chain management has become a core business requirement. Managing the Supply Chain adapts the number one supply-chain book on the college market to examine how professionals can consistently turn supply-chain strategy into a competitive advantage.

This results-based book examines the experiences of today's most accomplished companies to demonstrate supply-chain innovation at work in the marketplace.


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Chapter 1 Introduction
Chapter 2 The Value of Information
Chapter 3 Supply Chain Integration
Chapter 4 Network Planning
Chapter 5 Supply Chain Alliances
Chapter 6 Outsourcing Procurement and Supply Contracts
Chapter 7 Product Design and Supply Chain Management
Chapter 8 Customer Value
Chapter 9 Global Issues in Supply Chain Management
Chapter 10 Information Technology
About the Authors

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Common terms and phrases

Popular passages

Page 6 - Logistics is the process of planning, implementing and controlling the efficient, cost-effective flow and storage of raw materials, in-process inventory, finished goods and related information from point of origin to point of consumption for the purpose of conforming to customer requirements (Council of Logistics Management, 1995).
Page 5 - Supply chain management is a set of approaches utilized to efficiently integrate suppliers. manufacturers. warehouses. and stores. so that merchandise is produced and distributed at the right quantities. to the right locations. and at the right time. in order to minimize systemwide costs while satisfying service level requirements.
Page 204 - An experience occurs when a company intentionally uses services as the stage, and goods as props, to engage individual customers in a way that creates a memo rable event....
Page 4 - The supply chain. which is also referred to as the logistics network. consists of suppliers. manufacturing centers. warehouses. distribution centers. and retail outlets. as well as raw materials. work-in-process inventory. and finished products that flow between the facilities (see Figure 1-1l.
Page 82 - LTL industry. the rates typically belong to one of three basic types of freight rates: class. exception. and commodity. The class rates are standard rates that can be found for almost all products or commodities shipped. They are found with the help of a classification tariff that gives each shipment a rating or a class. For instance. the railroad classification includes 31 classes ranging from 400 to 13 that are obtained from the widely used Uniform Freiglu Classification.
Page 4 - In a typical supply chain, raw materials are procured, and items are produced at one or more factories, shipped to warehouses for intermediate storage, and then shipped to retailers or customers.
Page 110 - The food manufacturer makes production and distribution decisions at the division level. Even at the division level, the problems tend to be large-scale. Indeed, a typical division may include hundreds of products, multiple plants, many production lines within a plant, multiple warehouses (including overflow facilities), bill-of-material structures to account for different packaging options, and a 52week demand forecast for each product for each region. The forecast accounts for seasonality and planned...
Page 107 - Typically, the output from the tool is an effective supply chain strategy that coordinates production, warehousing, transportation, and inventory decisions. The resulting plan provides information on production quantities, shipment sizes and storage requirements by product, location, and time period. This is typically referred to as the supply chain master plan.
Page 108 - Of course, the output from the tactical planning process is shared with supply chain participants to improve coordination and collaboration. For example, the distribution center managers can now better use this information to plan their labor and shipping needs. Distributors can share plans with their suppliers and customers in order to decrease costs for all partners in the supply chain and promote savings. Specifically, distributors can realign territories to better serve customers, store adequate...

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About the author (2003)

David Simchi-Levi, Ph.D. is a professor at MIT and cofounder and chairman of Logic Tools, Inc.

Philip Kaminsky, Ph.D. is an assistant professor at the University of California at Berkeley.

Edith Simchi-Levi is cofounder of Logic Tools and is vice president of operations.

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