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This book describes the fundamentals of Supply Chain Management in clear and concise terms. It explains why in the near future real competition is going to be between supply chains and what the consequences will be. Managers and decision-makers will be able to build on their business’s competitive advantage with the essentials provided in this work. The focus here is upon what you really need to know in order to optimally manage your processes in procurement, manufacturing, warehousing and logistics. In addition to a wealth of illustrations and examples, valuable suggestions for further expansive reading are included. Essential insights are provided into how to analyse and evaluate the supply chain, based upon key aspects from research and practice, which helps readers to initiate their own optimisation processes.
Products and services are the result of the complex interaction of many individual value creators. Every enterprise has business connections with other participants of the supply chain suppliers, service providers, end customers. Supply chain management is the radical orientation of all activities along the value-added chain towards customer benefit. The individual links of the supply chain typically are legally independent entities looking for the respective optimum for their companies. It is a fact, however, that the total of many individual optima does not guarantee an overall optimum output. This is precisely where Supply Chain Management sets in: coordination along the whole supply chain to improve the overall performance and the overall costs to the benefit of everyone involved.
Organizations are now recognizing the importance of demand-supply integration to their growth and success. While marketing and supply chain management are an essential part of any business qualification, it is becoming increasingly essential to understand the need for integration between synergize marketing and SCM. Marketing and Supply Chain Management is among the first to synergize these two disciplines. Its holistic approach provides students with a macro-level understanding of these functions and their symbiotic relationship to one another, and demonstrates how both can be managed synergistically to the benefit of the organization. This bridge-building textbook is ideal for students of marketing, logistics, supply chain management, or procurement who want to understand the machinations of business at a macro level.
This book provides novel perspectives to the ongoing global discussions on the UN Sustainable Development Goals (SDGs). Current knowledge on circular economy and the SDGs target in developing and emerging countries are mostly fragmented and empirical evidence is limited. The approach taken in the book is unique as it presents holistic viewpoints about the synergies, opportunities and challenges between circular economy and SDGs targets in developing and emerging countries. The book presents diverse contents on the topic including literature reviews, conceptual discussions, case studies, and empirical analysis.
Companies face a variety of risks resulting from cost reduction strategies, rationalization measures, global sourcing, and outsourcing activities. Due to the large number of actors involved, extremely close ties emerge, which significantly increase supply chains’ vulnerability to disruptions – this has been shown again and again in the past few years. Against this background, the aspect of supply continuity is of increasing importance for all activities that relate to procurement, logistics, and supply chain management. Its objective is to ensure the continuous operation of supply chains, i.e., the uninterrupted flow of material, information, and coordination from the initial supplier to the end customer. Therefore, it is necessary to adopt adequate measures that take into consideration not only potential losses but also potential gains (so-called speculative risks). With this book, the concept of Supply Chain Safety Management is introduced. The concept itself is embedded in a comprehensive and dynamic management process. Depending on a supply chain’s individual objectives, a set of courses of action is offered for any risk factors – whether they are identifiable and quantifiable or not. The practicability of Supply Chain Safety Management is highlighted by various case studies. The book “Supply Chain Safety Management: Achieving Security and Robustness in Logistics” targets both the areas of science and of practice. First, the state of the art in research is reflected and valuable impulses for new and respectively for further research fields are provided by taking into consideration the points of view of scientists and practitioners in the business environment. Next, theoretically well‐substantiated, modern approaches and tools applicable to the business world are offered, an impetus for new ideas and fields of positioning is given and best practice examples are presented allowing a fruitful exchange of experiences between practitioners.
This book investigates women as business owners in emerging markets, documenting the structural difficulties they face as a result of their seeking access to global supply chains, and demonstrating the ways in which they are rewriting norms and challenging market assumptions. Although women own an estimated one-third of all small and medium-sized enterprises (SMEs) in emerging markets, they are deeply underrepresented in global supply chains. In what the author refers to as the Women in Trade Deficit, women-owned enterprises earn less than 1% of all money spent on vendors by large corporations and governments worldwide. Drawing on an in-depth empirical investigation of a range of SMEs in Bangladesh, Nigeria, and Sri Lanka, this book investigates how women enter the supply chains of major global firms and multinational corporations and the challenges they face in doing so. Overall, the book argues that these business owners are rewriting norms and rearranging markets through networked enterprises to advance what the author calls prosocial industrialism. Whilst many studies focus on women at the micro-enterprise or laborer level, this book makes an important contribution to our understanding of their role at the helm of SMEs that trade internationally. As such, it will be of interest to researchers across business studies, economics, sociology, and development studies, and to donor agencies, policymakers, and the global private sector.
This book is about running modern industrial enterprises with the help of information systems. Enterprise resource planning (ERP) is the core of business information processing. An ERP system is the backbone of most companies' information systems landscape. All major business processes are handled with the help of this system. Supply chain management (SCM) looks beyond the individual company, taking into account that enterprises are increasingly concentrating on their core competencies, leaving other activities to suppliers. With the growing dependency on the partners, effective supply chains have become as important for a company's success as efficient in-house processes. This book covers typical business processes and shows how these processes are implemented. Examples are presented using the leading systems on the market – SAP ERP and SAP SCM. In this way, the reader can understand how business processes are actually carried out "in the real world".
TOPICS IN THE BOOK Influence of ISO 9001:2015 Procurement Quality Management on Performance of Manufacturing Firms in Kenya Influence of Strategic Procurement Management on the Performance of State Corporations in Kenya Effect of Logistics Management Practices on Supply Chain Performance of Manufacturing Firms in Kenya Influence of Contract Administration on Performance of Parastatals in Kenya
With a wealth of updated material, rewritten chapters and additional case studies, this fourth edition of a hugely important work gives a broad and up-to-date overview of the concepts underlying APS. Special emphasis is given to modeling supply chains and implementing APS successfully in industrial contexts. What’s more, readers’ understanding is enhanced by several case studies covering a wide range of industrial sectors. What makes this book so crucial is that Supply Chain Management, Enterprise Resources Planning (ERP), and Advanced Planning Systems (APS) are concepts that must be mastered in order to organize and optimize the flow of goods, materials, information and funds. Here, leading experts provide insights into the concepts underlying APS.
Smart watches, autonomous vehicles, and talking robots are now an everyday part of life for many regions of the world. The digital revolution has now permeated nearly every facet of our existence. This surge in technological advancement has ushered in what economists term an "innovation economy." In this era, the synergy between technology and business intelligence propels groundbreaking innovations, fostering entrepreneurial ventures across various sectors. These ventures encompass an array of industries, including agriculture, fast-moving consumer goods, hospitality, cultural and indigenous products, to name just a few. While these entrepreneurial endeavors bring forth creativity and contribute to circular economies within communities, not all manage to navigate the challenging environment successfully. This raises a pressing concern – how can entrepreneurs harness the power of business intelligence and innovation to achieve sustainability and a competitive edge in today's complex business landscape? Applying Business Intelligence and Innovation to Entrepreneurship brings a definitive solution to academicians, researchers, and students who seek a comprehensive understanding of the dynamic interplay between entrepreneurship, business intelligence, and innovation. By dissecting various types of organizations, from small and medium-sized enterprises (SMEs) to technology-based startups like Fintech, digital marketing, and community-driven initiatives, this book paints a vivid picture of the entrepreneurial ecosystem. It delves deep into the symbiotic relationship between local wisdom and innovation, shedding light on how entrepreneurs can seize opportunities presented by disruptive and unpredictable phenomena.