By Joel D. Wisner, Keah-Choon Tan, G. Keong Leong
Advance an exceptional figuring out of buying, operations, logistics, and integration with the powerful offer chain administration concentration present in Wisner/Tan/Leong's ideas OF offer CHAIN administration: A BALANCED procedure, 3E. This distinct version provides large content material now not coated in different books. An expansive strategy publications readers in the course of the administration phases of every offer chain job whereas addressing real-world matters concerning the worldwide provide chain. Readers persist with the usual movement in the course of the offer chain with essentially the most balanced offer chain administration methods to be had. Well-organized chapters and diverse new situations show functional purposes of provide chain administration in today's place of work, whereas exciting profiles construct on subject matters and make sure that readers disguise today's most crucial modern provide concerns intensive.
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Additional resources for Principles of Supply Chain Management: A Balanced Approach
Example text
Today, firms are increasing their partnerships with foreign firms and building foreign production facilities to accommodate their market expansion plans and increase their responsiveness to global economic conditions and demand. The supply chain dynamic today is changing, and companies are working with firms located all over the globe to coordinate purchasing, manufacturing and logistics activities. For many years now, computer maker Hewlett-Packard (HP) has been expanding with the help of a third-party logistics company.
Consequently, it has a very detailed supplier certification program. It includes a thorough review of each supplier’s insurance, food quality, government registration and guarantee documents, as well as the completion of the Wells’ food safety questionnaire. In addition, each supplier is required to furnish a third-party food safety audit along with any corrective actions taken. 16 Over time, careful and effective supplier management efforts allow firms to selectively screen out poor-performing suppliers and build successful, trusting relationships with the remaining top-performing suppliers.
Manufacturers to offer lower-cost, higher-quality products along with higher levels of customer service. Manufacturers utilized just-in-time (JIT) and total quality management (TQM) strategies to improve quality, manufacturing efficiency and delivery times. In a JIT manufacturing environment with little inventory to cushion scheduling and/or production problems, firms began to realize the potential benefits and importance of strategic and cooperative supplier-buyer-customer relationships, which are the foundation of SCM.
Principles of Supply Chain Management: A Balanced Approach by Joel D. Wisner, Keah-Choon Tan, G. Keong Leong
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