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5 Characteristics of Supply Chain Management: A Comprehensive Overview
Author: Dr. Anya Sharma, PhD, Professor of Operations Management and Supply Chain Strategy at the University of California, Berkeley. Dr. Sharma has over 20 years of experience in research and teaching, focusing on supply chain optimization, risk management, and sustainable supply chain practices. She is the author of several influential books and articles on supply chain management, including "The Future of Supply Chain Resilience" and "Optimizing Global Supply Chains in a Volatile World."
Publisher: Harvard Business Review Press. HBR Press is a leading publisher of business and management literature, known for its rigorous editorial standards and its commitment to publishing cutting-edge research and practical insights in fields like supply chain management.
Editor: Mr. David Chen, MBA, Senior Editor at Harvard Business Review Press. Mr. Chen has extensive experience editing scholarly articles and business publications, specializing in topics related to logistics, operations, and strategic management.
Keywords: 5 characteristics of supply chain management, supply chain management, SCM, supply chain optimization, supply chain resilience, supply chain risk, global supply chains, agile supply chains, sustainable supply chains, supply chain strategy.
Introduction: Understanding the 5 Characteristics of Supply Chain Management
Supply chain management (SCM) is no longer simply about getting goods from point A to point B. In today's dynamic global marketplace, understanding the 5 characteristics of supply chain management is crucial for businesses to thrive. These defining characteristics—integration, responsiveness, resilience, efficiency, and sustainability—intertwine to shape a successful and competitive supply chain. This article will delve into each characteristic, exploring its importance and providing real-world examples. Mastering the 5 characteristics of supply chain management isn't just beneficial; it's essential for long-term survival and growth.
1. Integration: The Cornerstone of Effective SCM
One of the most critical 5 characteristics of supply chain management is integration. This refers to the seamless collaboration and information sharing between all stakeholders involved in the supply chain. This includes suppliers, manufacturers, distributors, retailers, and even customers. Effective integration involves breaking down silos and fostering open communication across the entire network. Data transparency is paramount; everyone needs access to the information they need to make informed decisions.
For example, a company implementing an integrated SCM system might use enterprise resource planning (ERP) software to connect different departments and suppliers. This allows real-time visibility into inventory levels, production schedules, and customer demand, enabling proactive adjustments and preventing disruptions. The lack of integration leads to delays, increased costs, and a poor customer experience. Therefore, embracing integration as one of the crucial 5 characteristics of supply chain management is paramount.
2. Responsiveness: Adapting to Change in the Supply Chain
Responsiveness, another key characteristic among the 5 characteristics of supply chain management, is the ability to quickly adapt to changing market demands and unforeseen events. This requires flexibility in operations, robust forecasting methods, and efficient communication channels. A responsive supply chain can react swiftly to shifts in consumer preferences, seasonal fluctuations, or unexpected supply disruptions, minimizing negative impacts on the business.
Consider the impact of the COVID-19 pandemic. Companies with responsive supply chains were able to pivot their operations, source alternative suppliers, and meet changing customer demands. Those that lacked responsiveness suffered significant setbacks, highlighting the importance of this aspect of the 5 characteristics of supply chain management. Agile methodologies and the adoption of advanced technologies like AI and machine learning are vital for enhancing responsiveness.
3. Resilience: Building Robustness into the Supply Chain
Resilience, an increasingly vital element amongst the 5 characteristics of supply chain management, refers to the ability to withstand and recover from disruptions. This includes natural disasters, geopolitical instability, pandemics, and unexpected supply chain shocks. Building resilience involves diversifying sources, establishing backup plans, and developing robust risk management strategies.
Implementing robust risk assessment procedures, maintaining diverse supplier networks, and building buffer stock are all ways companies enhance resilience. Investing in technology that provides real-time visibility and predictive analytics can also help identify and mitigate potential risks. In essence, the resilience found amongst the 5 characteristics of supply chain management is the insurance policy against unforeseen events.
4. Efficiency: Optimizing Processes for Cost Reduction
Efficiency is a cornerstone of the 5 characteristics of supply chain management. It focuses on minimizing costs and maximizing output throughout the entire supply chain process. This involves streamlining operations, optimizing logistics, and eliminating waste. Efficient supply chains leverage technology, such as automation and robotics, to improve productivity and reduce manual labor costs.
Examples of efficiency improvements include implementing lean manufacturing principles, optimizing warehouse layouts, and employing advanced transportation management systems. Achieving efficiency within the 5 characteristics of supply chain management necessitates a continuous improvement mindset, data-driven decision-making, and the willingness to adopt innovative technologies.
5. Sustainability: Integrating Environmental and Social Responsibility
Sustainability, as part of the 5 characteristics of supply chain management, is rapidly gaining importance. It encompasses environmental considerations, social responsibility, and ethical practices throughout the supply chain. This includes reducing carbon emissions, minimizing waste, promoting fair labor practices, and sourcing materials responsibly.
Companies are increasingly recognizing that sustainable practices are not only ethically sound but also offer long-term economic benefits. Customers are more likely to support businesses committed to sustainability, and investors are increasingly considering environmental, social, and governance (ESG) factors when making investment decisions. The integration of sustainability into the 5 characteristics of supply chain management is critical for long-term success and brand reputation.
Conclusion: Mastering the 5 Characteristics of Supply Chain Management for Competitive Advantage
The 5 characteristics of supply chain management—integration, responsiveness, resilience, efficiency, and sustainability—are not independent entities but rather interconnected elements that must work in harmony. Companies that successfully integrate these characteristics gain a significant competitive advantage. By embracing a holistic approach to supply chain management, organizations can build robust, efficient, responsive, and sustainable supply chains that can withstand shocks, adapt to change, and create long-term value for all stakeholders. The future of supply chain management lies in understanding and mastering these five critical characteristics.
FAQs
1. What is the most important characteristic of supply chain management? While all five characteristics are crucial, integration serves as the foundational element, enabling effective communication and collaboration across the entire supply chain.
2. How can technology improve supply chain management? Technology like AI, machine learning, blockchain, and IoT provide real-time visibility, predictive analytics, automation, and improved communication, enhancing all five characteristics.
3. What are the key metrics for measuring supply chain performance? Key metrics include on-time delivery, inventory turnover, lead times, order fulfillment rates, and customer satisfaction.
4. How can companies build a more resilient supply chain? Diversifying suppliers, holding safety stock, developing contingency plans, and implementing robust risk management strategies are crucial for building resilience.
5. What is the role of sustainability in modern supply chains? Sustainability focuses on ethical sourcing, environmental responsibility, and fair labor practices, improving brand reputation and attracting environmentally conscious consumers.
6. How can companies improve the responsiveness of their supply chains? Implementing agile methodologies, using real-time data analysis, and fostering strong relationships with suppliers are critical for enhancing responsiveness.
7. What is the difference between efficiency and effectiveness in supply chain management? Efficiency focuses on minimizing costs and maximizing output, while effectiveness focuses on meeting customer demands and achieving business objectives.
8. How can companies measure the success of their supply chain management initiatives? Success is measured by key performance indicators (KPIs) aligned with strategic goals, such as cost reduction, improved customer satisfaction, and increased revenue.
9. What are the future trends in supply chain management? Future trends include the increasing use of AI, automation, blockchain technology, and a greater focus on sustainability and resilience.
Related Articles
1. The Impact of Blockchain on Supply Chain Transparency: This article examines how blockchain technology can enhance transparency and traceability throughout the supply chain, improving efficiency and trust.
2. Building a Resilient Supply Chain in an Uncertain World: This piece explores strategies for mitigating risks and building resilience into supply chains to withstand disruptions and unexpected events.
3. The Role of Artificial Intelligence in Supply Chain Optimization: This article delves into the use of AI and machine learning for improving forecasting, inventory management, and decision-making in supply chains.
4. Sustainable Supply Chain Practices: A Guide for Businesses: This article provides a practical guide for businesses seeking to integrate sustainability into their supply chain operations.
5. Agile Supply Chains: Adapting to the Changing Landscape: This article explores the principles and practices of agile supply chain management, emphasizing flexibility and responsiveness.
6. Optimizing Warehouse Operations for Increased Efficiency: This article focuses on strategies for improving warehouse layout, processes, and technology to enhance efficiency.
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8. Risk Management in Global Supply Chains: This article discusses the various risks faced by companies with global supply chains and strategies for mitigating these risks.
9. Integrating Supply Chain Management with Business Strategy: This article explores the importance of aligning supply chain strategies with overall business objectives for achieving competitive advantage.
| 5 characteristics of supply chain management: Fundamentals of Supply Chain Management , |
| 5 characteristics of supply chain management: Surviving Supply Chain Integration National Research Council, Commission on Engineering and Technical Systems, Board on Manufacturing and Engineering Design, Committee on Supply Chain Integration, 2000-03-23 The managed flow of goods and information from raw material to final sale also known as a supply chain affects everythingâ€from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€the seed corn of business start-up and developmentâ€to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives. |
| 5 characteristics of supply chain management: Five Basic Principles of Production and Supply Chain Management Bill Belt, 2009-03-23 The basics of industrial and supply-chain excellence in less than 200 pages ! This book for self-learning offers a step-by-step presentation of the best practices of modern manufacturing and logistic management, which have been moving beneath the surface, like tectonic plates, over the last few years. Thanks to their proven operational effectiveness, they have emerged as an interlocking group of five basics: - Voice of the Customer for innovation and development - production activities with and without added value - postponement or mass customization and modular thinking - dependent and independent customer demand - the two levels of the supply chain: strategic and operational The integration of these best practices gives Lean Supply Chain Management, which can help any company maximize its added value and the productivity of its people to innovate and to better serve the customer. Based on the authors long experience as a practitioner, educator, consultant and implementor, this book is an ideal learning tool. It contains several levels of text (summaries, examples, detailed explanations, questionnaires for measuring current practice) to facilitate the acquisition of these key concepts and practices by any individual or company |
| 5 characteristics of supply chain management: Strategic Supply Chain Management 2E (PB) Shoshanah Cohen, Joseph Roussel, 2013-06-21 Praise For Strategic Supply Chain Management: This book shows convincingly that a robust supply chain strategy is critical for business success in today's uncertain economic environment. Cohen and Roussel explain not only what makes for a good supply chain strategy but also how to put that strategy into practice. -- Jim Miller, VP, Worldwide Operations, Google Strategic Supply Chain Management loudly and clearly makes the case that successful companies' supply chain strategies are closely aligned with their competitive differentiation and operating models. The book uses in-depth examples that bring these concepts to life and demonstrate that one size doesn't fit all. Anyone who thinks operations is just another corporate function needs to read this book. -- Manish Bhatia, SVP, Worldwide Operations, SanDisk The advent of global marketplaces, heightened competition, accelerated pace of product innovation, and fast-changing customer preferences have increased the impact of the supply chain on company profitability and long-term success. But cultural challenges to successful supply chain design remain. Cohen and Roussel's book provides a platform for addressing these challenges and is recommended reading for chief executives, strategy professionals, and supply chain practitioners. -- Martin Roper, Chief Executive Officer and President, Boston Beer The authors present a straightforward path for developing and deploying a global supply chain strategy that addresses the priorities of today's executive management teams. --Hau Lee, Thoma Professor of Operations, Information and Technology, Stanford Graduate School of Business The classic guide to supply chain strategy--re-created to help business leaders gain an advantage in today's volatile, globalized arena The global landscape has changed dramatically since the first edition of Strategic Supply Chain Management established itself as the authority on creating value and achieving competitive advantage from the supply chain. Shorter economic cycles, more-frequent natural disasters, higher costs in low-cost countries, more-restricted access to working capital, and greater focus on sustainability have made effective supply chain management much more challenging--and much more critical to the bottom line. This second edition is your answer to gaining a strategic advantage in the face of these challenges. Drawing on dozens of new company examples as well as cutting-edge benchmarking research, it shows you how to make your supply chains more agile, flexible, and resilient. With 80 easy-to-read tables and diagrams, this fully revised book explains how to: Develop a supply chain strategy that will help you realize your business goals Design a process architecture that maps out the activities of the end-to-end supply chain Create the most effective supply chain organization Build the most beneficial relationships with your supply chain partners Use metrics to assess and drive business success Implement transformational change See how today's best supply chain strategies work in all-new profiles of BASF, Essilor, Haier, Kaiser Permanente, Lenovo, and Schlumberger. Find out what these industry leaders are doing to get the greatest value out of their supply chains. When value depends on how well you deliver, you need Strategic Supply Chain Management, Second Edition. |
| 5 characteristics of supply chain management: The Nature of Supply Chain Management Research Julia Wolf, 2008-08-29 Julia Wolf investigates the theoretical aspect of SCM by analyzing the evolution SCM research has undergone and by assessing the question whether SCM research can be considered a scientific paradigm as of today. |
| 5 characteristics of supply chain management: The Oxford Handbook of Supply Chain Management Thomas Y. Choi, Julie Juan Li, Dale S. Rogers, 2021-09-13 Abstract: Supply chain management contends with structures and processes for delivering goods and services to customers. It addresses the core functions of connected businesses to meet downstream demand. This innovative volume provides an authoritative and timely guide to the overarching issues that are ubiquitous throughout the supply chain. In particular, it addresses emerging issues that are applicable across supply chains-such as data science, financial flows, human capital, internet technologies, risk management, cyber security, and supply networks. With chapters from an international roster of leading scholars in the field, The Oxford Handbook of Supply Chain Management is a necessary resource for all students and researchers of the field as well as for forward-thinking practitioners. Keywords: supply chain management; value; human society; goods and services; competitive advantage; people and welfare; data and technology; moving goods and services; structure and strategy; growing and sustaining-- |
| 5 characteristics of supply chain management: Quantitative Approaches to Distribution Logistics and Supply Chain Management Andreas Klose, M. Gracia Speranza, Luk N. Van Wassenhove, 2012-12-06 Increasing customer needs, the globalization of markets and the evolution of e-commerce add to the complexity of logistic processes. In today's business, it is well understood that an effective management of logistic processes is impossible without the use of computer-based tools and quantitative methods. This book presents in a systematic way quantitative approaches to distribution logistics and supply chain management. The main orientation of the book is towards practical problem solving, and numerous case studies and practical applications are presented. The topics covered include: supply chain management, revers logistics, e-commerce, facility location and network planning, vehicle routing, warehousing, inventory control. |
| 5 characteristics of supply chain management: Food Supply Chain Management Michael A. Bourlakis, Paul W. H. Weightman, 2008-04-15 Food Supply Chain Management Edited by Michael A. Bourlakis and Paul W. H. Weightman The food supply chain is a series of links and inter-dependencies, from farms to food consumers’ plates, embracing a wide range of disciplines. Food Supply Chain Management brings together the most important of these disciplines and aims to provide an understanding of the chain, to support those who manage parts of the chain and to enhance the development of research activities in the discipline. Food Supply Chain Management follows a ‘farm to fork’ structure. Each chapter starts with aims and an introduction and concludes with study questions that students in particular will find useful. Topics covered include the food consumer, perceived risk and product safety, procurement, livestock systems and crop production, food manufacture, retailing, wholesaling and catering. Special consideration is also given to supermarket supply networks, third party logistics, temperature controlled supply chains, organic foods and the U. S. food supply chain. A final chapter looks at the future for food supply chain management. Michael Bourlakis and Paul Weightman, the editors and contributors to this timely and fascinating book, have drawn together chapters from leading authorities in this important area, to provide a book that is an essential purchase for all those involved in the supply of food and its study. Those involved in the food supply chain within food companies and in academic establishments, including agricultural scientists, food scientists, food technologists, and students studying these subjects, will find much of great use and interest within its covers. Libraries in all universities and research stations where these subjects are studied and taught should have several copies. Dr Bourlakis and Dr Weightman teach and research at the School of Agriculture, Food and Rural Development, University of Newcastle upon Tyne, U. K. Also available from Blackwell Publishing The Microbiological Risk Assessment of Food S. Forsythe 0 632 05952 4 HACCP S. Mortimore & C. Wallace 0 632 05648 7 Listeria, 2nd edition C. Bell & A. Kyriakides 1 405 10618 2 Salmonella C. Bell & A. Kyriakides 0 632 05519 7 International Journal of Food Science & Technology Published 10 times per year ISSN 0950-5423 Metal Contamination of Food, 3rd edition C. Reilly 0 632 05927 3 |
| 5 characteristics of supply chain management: Supply Chain Management Demystified John M. McKeller, 2014-03-08 Your SOURCE for supply chain management fundamentals Optimize your understanding of the essential supply chain management practices used by the best firms to gain competitive advantage. Written in an easy-to-follow style, Supply Chain Management DeMYSTiFieD is filled with best practices and proven techniques for success. This practical guide covers supply chain collaboration, planning, strategic sourcing, manufacturing, production, logistics, risk management, and performance metrics. Corporate social responsibility is also addressed. Detailed examples and concise explanations make it easy to understand the material, and end-of-chapter quizzes and a final exam help reinforce key concepts. It's a no-brainer! You'll learn about: Creating a customer-focused strategy Buyer-supplier negotiations New product development Just in time (JIT), Lean manufacturing, and Six Sigma Transportation Global supply chains Simple enough for a beginner, but challenging enough for an advanced student, Supply Chain Management DeMYSTiFieD helps you master this essential business and quality management topic. |
| 5 characteristics of supply chain management: Next Generation Supply Chains Rosanna Fornasiero, Saskia Sardesai, Ana Cristina Barros, Aristides Matopoulos, 2020-12-31 This open access book explores supply chains strategies to help companies face challenges such as societal emergency, digitalization, climate changes and scarcity of resources. The book identifies industrial scenarios for the next decade based on the analysis of trends at social, economic, environmental technological and political level, and examines how they may impact on supply chain processes and how to design next generation supply chains to answer these challenges. By mapping enabling technologies for supply chain innovation, the book proposes a roadmap for the full implementation of the supply chain strategies based on the integration of production and logistics processes. Case studies from process industry, discrete manufacturing, distribution and logistics, as well as ICT providers are provided, and policy recommendations are put forward to support companies in this transformative process. |
| 5 characteristics of supply chain management: The Definitive Guide to Integrated Supply Chain Management CSCMP, Brian J. Gibson, Joe B. Hanna, Haozhe Chen, C. Clifford Defee, 2013-12-17 Master supply chain management concepts, components, principles, processes, interactions, and best practices: all the knowledge you need to start designing, implementing, and managing modern supply chains! The Definitive Guide to Integrated Supply Chain Management brings together all the knowledge you need to help companies gain competitive advantage from supply chains. Co-written by a leading supply chain expert and the Council of Supply Chain Management Professionals (CSCMP), this reference provides up-to-the-minute insight into the roles of supply chain management in improving customer service, reducing costs, and improving financial performance. Clearly and concisely, it introduces modern supply chain management best practices that have been proven to work in organizations of many sizes, types, and industries. For all supply chain and operations managers and students; and for other professionals who either practice in the field or work closely with practitioners to solve business problems. |
| 5 characteristics of supply chain management: Strengthening Post-Hurricane Supply Chain Resilience National Academies of Sciences, Engineering, and Medicine, Policy and Global Affairs, Office of Special Projects, Committee on Building Adaptable and Resilient Supply Chains After Hurricanes Harvey, Irma, and Maria, 2020-04-02 Resilient supply chains are crucial to maintaining the consistent delivery of goods and services to the American people. The modern economy has made supply chains more interconnected than ever, while also expanding both their range and fragility. In the third quarter of 2017, Hurricanes Harvey, Irma and Maria revealed some significant vulnerabilities in the national and regional supply chains of Texas, Florida, the U.S. Virgin Islands, and Puerto Rico. The broad impacts and quick succession of these three hurricanes also shed light on the effectiveness of the nation's disaster logistics efforts during response through recovery. Drawing on lessons learned during the 2017 hurricanes, this report explores future strategies to improve supply chain management in disaster situations. This report makes recommendations to strengthen the roles of continuity planning, partnerships between civic leaders with small businesses, and infrastructure investment to ensure that essential supply chains will remain operational in the next major disaster. Focusing on the supply chains food, fuel, water, pharmaceutical, and medical supplies, the recommendations of this report will assist the Federal Emergency Management Agency as well as state and local officials, private sector decision makers, civic leaders, and others who can help ensure that supply chains remain robust and resilient in the face of natural disasters. |
| 5 characteristics of supply chain management: Supply Chain Risk Clare Brindley, 2017-07-05 The impact of technological change, globalization, information and communication technologies and international governmental intervention has radically altered supply chain strategies, operations and risk profiles for most organizations. The challenge facing business and researchers alike is how best to address risk management in this new context. This collection, written by international scholars from the UK, US and Scandinavia, addresses this need by providing the first topical review of these developments and the latest research findings. The findings represent a robust cross-disciplinary view of supply chains, articulating policies and strategies for organizations. The research studies are based on empirical case studies within services and manufacturing in both large and SME organizations. This work is intended to provide the foundation for future research in this expanding area and the impact it has on managing risk within the supply chain. |
| 5 characteristics of supply chain management: Construction Supply Chain Management Handbook William J. O'Brien, Carlos T. Formoso, Vrijhoef Ruben, Kerry London, 2008-10-20 Mounting emphasis on construction supply chain management (CSCM) is due to both global sourcing of materials and a shortage of labor. These factors force increasing amounts of value-added work to be conducted off-site deep in the supply chain. Construction Supply Chain Management Handbook compiles in one comprehensive source an overview of the dive |
| 5 characteristics of supply chain management: Handbook of Global Supply Chain Management John T. Mentzer, Matthew B. Myers, Theodore P. Stank, 2006-09-14 This state-of-the-art Handbook provides a comprehensive understanding and assessment of the field of global supply chain management (GSCM). Editors John T. Mentzer, Matthew B. Myers, and Theodore P. Stank bring together a distinguished group of contributors to describe and critically examine the key perspectives guiding GSCM, taking stock of what we know (and do not know) about them. |
| 5 characteristics of supply chain management: Supply Chain and Logistics in National, International and Governmental Environment Reza Zanjirani Farahani, Nasrin Asgari, Hoda Davarzani, 2009-07-09 Logisticsisan integralpartofoureverydaylife.Todayit in?uencesmorethanevera largenumberofhumanandeconomicactivities. Inthisbook,authorstryto illustrate some advanced logistics and supply chain management topics, recently mentioned by academic and industrial personnel. This book has been organized in 12 chapters such that the reader can study each chapter not only independently as shown in Fig. 1; but also as part of a whole. If someone wants to study the book more deeply, the suggested approach for this study is shown in Fig. 2. So the readers of this book may be divided into at least two groups: (1) students in Master’s courses or higher, who can use this book in their courses as a whole, and (2) experts who want to learn more about a new topic in logistics and supply chain management; this group may want to read a chapter about a special topic that is found in this book. In the context of global competition, the more latent topics in logistics supply chain management are fast growing. This book falls within this perspective and presents 12 chapters that well illustrate the variety and complexity of these topics. This book is organized as follows: Chapter 1 introduces logistics and supply chain management and contains some primal de?nitions about these two concepts; some obstacles, prerequisites and infrastructures of modernized logistics and supply chain management and global supply chain management are illustrated. |
| 5 characteristics of supply chain management: Supply Chain Management and Knowledge Management A. Dwivedi, T. Butcher, 2008-11-20 Advances in IT have transformed the way organizations interact with each other. To enable organizations to respond to this change, new management paradigms have evolved. This text looks at the value of knowledge management in supply chain management and how supply chain partners can use IT to improve organizational performance. |
| 5 characteristics of supply chain management: Supply Chain Management Janat Shah, 2009 |
| 5 characteristics of supply chain management: The Practice of Supply Chain Management: Where Theory and Application Converge Terry P. Harrison, Hau L. Lee, John J. Neale, 2006-04-11 For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. Numerous industries have recognized the importance of efficient supply chain integration, and, as a result, supply chain management has become a standard part of business practice. The Practice of Supply Chain Management: Where Theory and Application Converge is a must-have volume for users of supply chain management methods, supply chain management researchers, and students in supply chain management. The objective of the book is to provide an overview of this important practice-research cycle, and it is organized into three sections: Core Concepts and Practices; Emerging Supply Chain Practices; and Supply Chain in Action. The focus of the book is on supply chain practice, but supply chain practice that has been heavily influenced by supply chain research. It is this synergy between research and practice that continues to simulate new directions for research. |
| 5 characteristics of supply chain management: Business Logistics Management Wessel Pienaar, John Vogt, Kobus Cronje, Peter Kilbourn, Ulrike Kussing, Johan Louw, Joubert van Eden, 2012-12-20 Business Logistics Management 4e covers concepts and theories relating to the movement of goods, the coordination of supply chain, the most recent advances in logistics technology, the exchange of information, and the impact on business within the logistics management framework. |
| 5 characteristics of supply chain management: E-commerce operations and supply chain management Sruthi.S, BiswadipBasu Mallik, Dr.M. Jayalakshmi, M.Mahalingam, |
| 5 characteristics of supply chain management: Applications of Contemporary Management Approaches in Supply Chains Hakan Tozan, Alper Ertürk, 2015-04-15 In today's rapidly changing business environment, strong influence of globalization and information technologies drives practitioners and researchers of modern supply chain management, who are interested in applying different contemporary management paradigms and approaches, to supply chain process. This book intends to provide a guide to researchers, graduate students and practitioners by incorporating every aspect of management paradigms into overall supply chain functions such as procurement, warehousing, manufacturing, transportation and disposal. More specifically, this book aims to present recent approaches and ideas including experiences and applications in the field of supply chains, which may give a reference point and useful information for new research and to those allied, affiliated with and peripheral to the field of supply chains and its management. |
| 5 characteristics of supply chain management: Supply Chain Management Douglas M. Lambert, 2008 |
| 5 characteristics of supply chain management: Logistics Management and Strategy Alan Harrison, Heather Skipworth, Remko I. van Hoek, James Aitken, 2019 |
| 5 characteristics of supply chain management: Topics In Lean Supply Chain Management Marc J Schniederjans, Dara G Schniederjans, Ashlyn M Schniederjans, 2009-08-28 This uniquely designed textbook is structured to support educators in teaching the lean supply chain principles, concepts, and ideas used by industry and researched by scholars. It examines a wide range of current topical subjects in a structured format to help educators impart the value of combining lean management with supply chain management.It focuses on many of the newest and most exciting areas of change in lean and supply chain management. In addition to basic content on the principles of lean and supply chain management, this book converts recent journal research into an easy-to-understand textbook material. While this textbook is suitable as a topical course for operations or supply chain management undergraduate students, it is self-contained and also suitable for graduate students who have had no prerequisite knowledge in operations or production management. |
| 5 characteristics of supply chain management: Supply Chain Management Ray R. Venkataraman, Ozgun C. Demirag, 2022-01-12 Supply Chain Management: Securing a Superior Global Edge takes a holistic, integrated approach to managing supply chains by addressing the critically important areas of globalization, sustainability, and ethics in every chapter. Authors Ray Venkataraman and Ozgun C. Demirag use a wide variety of real-world cases and examples from the manufacturing and service sectors to illustrate innovative supply chain strategies and technologies. With a focus on decision-making and problem-solving, Supply Chain Management provides students with the tools they need to succeed in today’s fiercely competitive, interconnected global economy. |
| 5 characteristics of supply chain management: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| 5 characteristics of supply chain management: Global Perspectives on Green Business Administration and Sustainable Supply Chain Management Khan, Syed Abdul Rehman, 2019-12-15 Heavy industrialization in the past few decades has caused several global environmental issues including poor air quality, climate change, and outdoor air pollution-related diseases. As such, consumer pressure coupled with strict governmental policies have influenced firms to adopt and implement green practices in their supply chain and business operations in order to improve socio-environmental sustainability. Global Perspectives on Green Business Administration and Sustainable Supply Chain Management is an essential reference book that discusses innovative green practices including recycling, remanufacturing, reduction in waste and adoption of renewable energy in manufacturing. It also examines environmentally friendly policies that have been adopted by many European and Western countries. Featuring coverage on a broad range of topics such as energy analysis, environmental protections, and logistics development, this book is ideally designed for managers, operations managers, executives, manufacturers, environmentalists, researchers, industry practitioners, academicians, and students. |
| 5 characteristics of supply chain management: New Supply Chain Agenda Reuben Slone, Paul Dittmann, John Mentzer, 2010-04-27 Is your company delivering products to customers at the right time, place, and price—with the best possible availability and lowest possible cost and working capital? If not, you’re probably alienating your customers and suppliers, eroding shareholder value, and losing control of your fixed costs. These dangerous mistakes can put you out of business. In The New Supply Chain Agenda, Reuben Slone, J. Paul Dittmann, and John Mentzer explain how to reinvent your supply chain to avoid those errors—and turn your supply chain into a competitive weapon that produces unprecedented economic profit for your firm. Drawing on a wealth of company examples, the authors show how to activate the five levers of supply chain excellence: • Putting the right people with the right skills in the right jobs • Leveraging supply chain technologies such as system optimization and visibility tools • Eliminating cross-functional disconnects, including SKU proliferation • Collaborating with suppliers and customers to generate a seamless flow of information and supply chain improvements • Managing supply chain projects skillfully Apply the steps in this book, and you build a supply chain that delivers as it should—without leaving money on the table. |
| 5 characteristics of supply chain management: Proceedings of the 8th International Conference on Foundations of Computer-Aided Process Design , 2014-07-14 This volume collects together the presentations at the Eighth International Conference on Foundations of Computer-Aided Process Design, FOCAPD-2014, an event that brings together researchers, educators, and practitioners to identify new challenges and opportunities for process and product design. The chemical industry is currently entering a new phase of rapid evolution. The availability of low-cost feedstocks from natural gas is causing renewed investment in basic chemicals in the OECD, while societal pressures for sustainability and energy security continue to be key drivers in technology development and product selection. This dynamic environment creates opportunities to launch new products and processes and to demonstrate new methodologies for innovation, synthesis and design. FOCAPD-2014 fosters constructive interaction among thought leaders from academia, industry, and government and provides a showcase for the latest research in product and process design. - Focuses exclusively on the fundamentals and applications of computer-aided design for the process industries. - Provides a fully archival and indexed record of the FOCAPD14 conference - Aligns the FOCAPD series with the ESCAPE and PSE series |
| 5 characteristics of supply chain management: Technological Solutions for Modern Logistics and Supply Chain Management Luo, ZongWei, 2013-01-31 Technological Solutions for Modern Logistics and Supply Chain Management highlights theories and technological growth in applied research as well as advances in logistics, supply chains, and industry experiences. Aiming to enhance the expansions made towards an efficient and sustainable economy, this book is essential for providing researchers, practitioners and academicians with insight into a wide range of topics. |
| 5 characteristics of supply chain management: Green Supply Chain Tamás Bányai, Ireneusz Kaczmar, 2021-09-22 The integration of eco-friendly aspects, tools and solutions into a conventional supply chain leads to environmentally friendly global processes in the manufacturing and service industry. This book offers a selection of chapters that explain the impact of green supply chain solutions on value-making chains. The aim of this book is to help students at all levels as well as managers and researchers to understand and appreciate the concept, design and implementation of green supply chain solutions in the Industry 4.0 era. |
| 5 characteristics of supply chain management: Engineering Technology, Engineering Education and Engineering Management Deyao Tan, 2015-06-25 This volume contains papers presented at the International Conference on Engineering Technologies, Engineering Education and Engineering Management (ETEEEM 2014, Hong Kong, 15-16 November 2014). A wide variety of topics is included in the book: - Engineering Education - Education Engineering and Technology - Methods and Learning Mechanism |
| 5 characteristics of supply chain management: Supply Chain Sustainability and Raw Material Management: Concepts and Processes Farahani, Reza Zanjirani, 2011-12-31 Many organizations find supply chain management an essential prerequisite to building a sustainable competitive edge for their services or products. While interest in SCM is enormous, lack of theoretical frameworks and real world applications often characterizes research in the field, and effective management of the supply chain remains elusive. Supply Chain Sustainability and Raw Material Management: Concepts and Processes is a comprehensive and up-to-date resource for operations researchers, management scientists, industrial engineers, and other business practitioners and specialists looking for systemic and advanced discussions of supply chain management. By presenting qualitative concepts, quantitative models, and case studies, this book is a coherent guide to creating long-term and sustainable performance for organizations who want to compete in the global market. |
| 5 characteristics of supply chain management: Gower Handbook of Supply Chain Management John Gattorna, 2017-03-02 The ability to build and also maintain a world class logistics and distribution network is an essential ingredient in the success of the world's leading businesses, but keeping pace with changes in your sector and in others is hard to do. With the Gower Handbook of Supply Chain Management you will need to look no further. Written by a team of leading consultants with contributions from leading academic experts, this book will help you to keep pace with the latest global developments in supply chain management and logistics, and plan for the future. This book has over thirty chapters with detailed accounts of key topics and the latest developments, from e-collaboration and CRM integration, to reverse logistics and strategic sourcing, and includes case studies from Asia, Europe and North America. It looks at all aspects of operational excellence in logistics and supply chain management. The Gower Handbook of Supply Chain Management will help managers to benchmark their operations against the best-of-breed supply chains across the world. It provides a unique single source of expert opinion and experience. |
| 5 characteristics of supply chain management: OPERATIONS & SUPPLY CHAIN MANAGEMENT Dr. Preeti Mahesh Kulkarni, Ankita Arjun Wagh, 2023-11-01 Buy Operations & Supply Chain Management e-Book for Mba 2nd Semester in English language specially designed for SPPU ( Savitribai Phule Pune University ,Maharashtra) By Thakur publication. |
| 5 characteristics of supply chain management: The New Industrial Engineering: Information Technology and Business Process Redesign Thomas H. Davenport, James E. Short, Sloan School of Management Center Fo, 2022-10-26 This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. |
| 5 characteristics of supply chain management: Food Supply Chain Management Jane Eastham, Liz Sharples, Stephen Ball, 2007-08-22 The key to the success of a company is their ability to co-ordinate the key supply chain i.e their key suppliers and suppliers of suppliers. 'Food and Drink Supply Chain Management' looks specifically at the supply chain in the food and drink industry to provide readers with an understanding of the areas as it is now and its growing importance, and where it is going in the future. 'Food and Drink Supply Chain Management' is the first to take an in-depth view into the supply chain function in the hospitality and food retail sectors. Authored by a range of expert contributors the text looks at issues such as: * New food processes and GM foods * Volume catering and JIT (Just In Time) and Food Safety * Relationships between companies and with stakeholders and responsibilities to these groups * The internationalisation of the food chain * The future of the food and drink supply chain and its management Examples and case studies from large international retail and hospitality organizations are used, such as: Bass, Stakis (Hilton), and Tesco, amongst others, to illustrate good and bad practice. |
| 5 characteristics of supply chain management: Global Logistics and Supply Chain Management John Mangan, Chandra Lalwani, 2016-07-18 Think of the many different products and services that are purchased and consumed each day – how do they reach the end-user? What does this cost? What happens when something goes wrong? Logistics and Supply Chain Management (SCM) are the areas of study which help us to explore and answer these questions. Today they play a very important role in underpinning the success of many organisations across the public and private sectors and impact how we live our lives. While the origins of logistics and SCM are firmly embedded in the manufacturing domain, the successful applications of logistics and SCM principles and practices are becoming increasingly relevant in the services area also – see for example, the many changes that have recently been driven into healthcare systems and airlines. Global Logistics and Supply Chain Management, now in its third edition, provides essential reading for anybody studying SCM and logistics. Encompassing both practical and strategic perspectives, it takes a truly global perspective, recognising the transnational nature of logistics activities in today’s world. Key features of this new and extended third edition include: 18 up-to-date chapters on all aspects of logistics and SCM, including coverage of emerging and important topics such as security, technology and automation in logistics, supply chain data flows, logistics and the internet of everything, sustainability, supply chain vulnerability and trade facilitation. New chapters include one on management science applications, which provides an easy and clear introduction to key quantitative techniques that can be applied to logistics and SCM. 12 updated case studies, including new case studies on air cargo, port–city logistics, automobile manufacturing logistics and logistics infrastructure appraisal. |
| 5 characteristics of supply chain management: Revisiting Supply Chain Risk George A. Zsidisin, Michael Henke, 2018-12-18 This book offers a bridge between our current understanding of supply chain risk in practice and theory, and the monumental shifts caused by the emergence of the fourth industrial revolution. Supply chain risk and its management have experienced significant attention in scholarship and practice over the past twenty years. Our understanding of supply chain risk and its many facets, such as uncertainty and vulnerability, has expanded beyond utilizing approaches such as deploying inventory to buffer the initial effects of disruptions. Even with our increased knowledge of supply chain risk, being in the era of lean supply chain practices, digitally managed global supply chains, and closely interconnected networks, firms are exposed as ever to supply chain uncertainties that can damage, or even destroy, their ability to compete in the marketplace. The book acknowledges the criticality of big data analytics in Supply Chain Risk Management (SCRM) processes and provides appropriate tools and approaches for creating robust SCRM processes. Revisiting Supply Chain Risk presents a state-of-the-art look at SCRM through current research and philosophical thought. It is divided into six sections that highlight established themes, as well as provide new insights to developing areas of inquiry and contexts on the topic. Section 1 examines the first step in managing supply chain risk, risk assessment. The chapters in Section 2 encompass resiliency in supply chains, while Section 3 looks at relational and behavioral perspectives from varying units of analysis including consortiums, teams and decision makers. Section 4 focuses on examining supply chain risk in the contexts of sustainability and innovation. Section 5 provides insight on emerging typologies and taxonomies for classifying supply chain risk. The book concludes with Section 6, featuring illustrative case studies as real-world examples in assessing and managing supply chain risk. |
万分之五怎么写？0.5% 0.5‰ 5‰ ？到底是那个啊？谢谢
万分之五是千分之0.5，也就是0.05%，但是一般不这样写，不过你也可以这样写，有一种新的表达就是千分之0.5，所以是0.5‰。 千分号就是在百分号的基础上再加一个根据好似的圆圈，如 …
上古卷轴5技能点代码是什么-上古卷轴5技能点代码大全_百度知道
Nov 22, 2024 · 上古卷轴5技能点代码是什么呢?在上古卷轴5游戏里，玩家想要升级技能点需要消耗技能点数，因此技能点是相当重要的，那么究竟有什么代码可以帮助大家快速拥有技能点 …
英语的1~12月的缩写是什么？ - 百度知道
5、May无缩写 五月； 6、Jun. June 六月； 7、Jul. July 七月； 8、Aug. August 八月； 9、Sep. September九月； 10、Oct. October 十月； 11、Nov. November 十一月； 12、Dec. …
如何设置win10自动关机命令 - 百度知道
5、确定关机时间，比如图上是2016年5月23日14点整，点击“下一步”。 6、这一步，默认即可，点击“下一步”。 7、程序或脚本输入“shutdown”，添加参数输入“-s”，点击下一步。 8、确认无 …
大乐透的中奖规则 - 百度知道
Aug 19, 2024 · 或者前区5个号码命中2个，后区2个号码命中2个。奖金：15元。追加无奖励。 9、九等奖。中奖规则：前区5个号码命中3个，后区2个号码命中0个。或者前区5个号码命中1 …
月份的英文缩写及全名 - 百度知道
提供月份的英文全名和缩写对照表，帮助用户快速查询和学习。
英文1号到31号日期缩写 - 百度知道
Jun 10, 2022 · 1日：first（1st）、2日：second（2nd）、3日：third（3rd）、4日：fourth（4th）、5日：fifth（5th）、6日：sixth（6th）、7日：seventh（7th ...
身份证尺寸是多少厘米?身份证在a4纸的尺寸大小是多少？
Sep 15, 2024 · 身份证在a4纸的尺寸大小为5.4*8.57厘米。 下面演示身份证图片插入Word时设置为身份证1：1大小的操作流程： 1、首先打开Word，进入“页面布局”下，点击“纸张大小”，把纸 …
取得保密资质的企业事业单位违反国家保密规定的,应受到吊销保密 …
Apr 24, 2025 · 取得保密资质的企业事业单位违反国家保密规定的,应受到吊销保密资质处罚的情取得保密资质的企业事业单位，有下列情形之一的，会被吊销保密资质：资质证书违规使用：变 …
I,IV ,III,II,IIV是什么数字. - 百度知道
对应阿拉伯数字，也就是现在国际通用的数字为：Ⅰ是1，Ⅱ是2，Ⅲ是3，Ⅳ是4，Ⅴ是5，Ⅵ是6，Ⅶ是7，Ⅷ是8，Ⅸ是9，Ⅹ是10。 可以通过打开软键盘打出罗马数字。 点击“软键盘”，选 …
万分之五怎么写？0.5% 0.5‰ 5‰ ？到底是那个啊？谢谢
万分之五是千分之0.5，也就是0.05%，但是一般不这样写，不过你也可以这样写，有一种新的表达就是千分之0.5，所以是0.5‰。 千分号就是在百分号的基础上再加一个根据好似的圆圈，如图：‰ 这个 …
上古卷轴5技能点代码是什么-上古卷轴5技能点代码大全_百度知道
Nov 22, 2024 · 上古卷轴5技能点代码是什么呢?在上古卷轴5游戏里，玩家想要升级技能点需要消耗技能点数，因此技能点是相当重要的，那么究竟有什么代码可以帮助大家快速拥有技能点呢?下面就是上 …
英语的1~12月的缩写是什么？ - 百度知道
5、May无缩写 五月； 6、Jun. June 六月； 7、Jul. July 七月； 8、Aug. August 八月； 9、Sep. September九月； 10、Oct. October 十月； 11、Nov. November 十一月； 12、Dec. December 十 …
如何设置win10自动关机命令 - 百度知道
5、确定关机时间，比如图上是2016年5月23日14点整，点击“下一步”。 6、这一步，默认即可，点击“下一步”。 7、程序或脚本输入“shutdown”，添加参数输入“-s”，点击下一步。 8、确认无误，点击“ …
大乐透的中奖规则 - 百度知道
Aug 19, 2024 · 或者前区5个号码命中2个，后区2个号码命中2个。奖金：15元。追加无奖励。 9、九等奖。中奖规则：前区5个号码命中3个，后区2个号码命中0个。或者前区5个号码命中1个，后区2个号 …
月份的英文缩写及全名 - 百度知道
提供月份的英文全名和缩写对照表，帮助用户快速查询和学习。
英文1号到31号日期缩写 - 百度知道
Jun 10, 2022 · 1日：first（1st）、2日：second（2nd）、3日：third（3rd）、4日：fourth（4th）、5日：fifth（5th）、6日：sixth（6th）、7日：seventh（7th ...
身份证尺寸是多少厘米?身份证在a4纸的尺寸大小是多少？
Sep 15, 2024 · 身份证在a4纸的尺寸大小为5.4*8.57厘米。 下面演示身份证图片插入Word时设置为身份证1：1大小的操作流程： 1、首先打开Word，进入“页面布局”下，点击“纸张大小”，把纸张大小设置 …
取得保密资质的企业事业单位违反国家保密规定的,应受到吊销保 …
Apr 24, 2025 · 取得保密资质的企业事业单位违反国家保密规定的,应受到吊销保密资质处罚的情取得保密资质的企业事业单位，有下列情形之一的，会被吊销保密资质：资质证书违规使用：变造、出卖、 …
I,IV ,III,II,IIV是什么数字. - 百度知道
对应阿拉伯数字，也就是现在国际通用的数字为：Ⅰ是1，Ⅱ是2，Ⅲ是3，Ⅳ是4，Ⅴ是5，Ⅵ是6，Ⅶ是7，Ⅷ是8，Ⅸ是9，Ⅹ是10。 可以通过打开软键盘打出罗马数字。 点击“软键盘”，选择数字符号即 …
