The authors define the supply chain as a core enterprise process that encompasses all the activities – including the physical, informational and financial flows – required to produce and deliver goods and services. This also involves interactions with consumers, trade customers and multiple tiers of suppliers.
This book provides readers with an overview of the basic principles of supply chain management as well as the innovative practices that supply chain managers are following today.
Shorter economic cycles, more frequent natural disasters, higher costs in formerly low-cost countries, more restricted access to working capital and greater focus on sustainability have made supply chain management more challenging and much more critical to the bottom line, the book notes.
Practical in focus, the book aims to make supply chains more agile, flexible and resilient and contains 80 tables and diagrams designed to create a strategy and a process architecture that maps out the activities of the supply chain and to build the most beneficial relationships with your supply chain partners.
