High-Tech and High-Touch Logistics Solutions for Supply Chain Challenges In today's fast-paced and customer-oriented business environment, superior supply chain performance is a prerequisite to getting and staying competitive. Supply Chain Strategy is based on world-class logistics practices in place in successful supply chain organizations, the latest academic breakthroughs in logistics system design, and the logic of logistics. It presents the proven pillars of success in logistics and supply chain management. Part of McGraw-Hill's Logistics Management Library, Supply Chain Strategy is organized according to author Dr. Ed Frazelle's breakthrough logistics master planning methodology. The methodology leads to metrics, process designs, system designs, and organizational strategies for total supply chain management, total logistics management, customer response, inventory planning and management, supply, transportation, and warehousing. Concise yet complete, Dr. Frazelle's book shows how to develop a comprehensive logistics and supply chain strategy, one that will both complement and support a company's strategic objectives and long-term success. Logisticsthe flow of material, information, and money between consumers and suppliershas become a key boardroom topic. It is the subject of cover features in business publications from Wall Street Journal to BusinessWeek. Annual global logistics expenditures exceed $3.5 trillion, nearly 20 percent of the world's GDP, making logistics perhaps the last frontier for major corporations to significantly increase shareholder and customer value. And at the heart of every effort to improve organizational logistics performance? Supply chain efficiency. Supply Chain Strategy is today's most comprehensive resource for up-to-the-minute thinking and practices on developing supply chain strategies that support a company's overall objectives. Covering world-class practices and systems, taken from the files of Coca-Cola, Wal-Mart, General Electric, and other companies, it covers essential supply chain subjects including: Logistics data miningfor identifying the root cause of material and information flow problems, pinpointing opportunities for process improvements, and providing an objective basis for project-team decision making Inventory planning and managementpresenting metrics, processes, and systems for forecasting, demand planning, and inventory control, yielding lower inventory levels and improved customer service Logistics information systems and Web-based logisticshelping to substitute information for inventory and work content Transportation and distributionfor connecting sourcing locations with customers at the lowest cost by, among other things, leveraging private and third-party transportation systems Logistics organization developmentincluding the seven disciplines that link enterprises across the supply chain, as well as logistics activities within those enterprises Supply Chain Strategy explains and demonstrates how decision makers can use today's technology to enhance key logistics systems at every point in the supply chain, from the time an idea or product is conceived through its delivery to the final user. It describes the major steps in developing an effective, workable logistics management programone that will reduce operating expenses, minimize capital investment, and improve overall customer service and satisfaction.
Supply Chain Strategy is the first book in the Logistics Management Library. Supply Chain Strategy provides an overview of all of the topics included in a supply chain strategy and included in good logistics management. Thus, this book serves as an introduction to the entire series. A supply chain strategy is at the heart of new logistics thought and is currently the most important topic of discussion in management circles. A supply chain strategy is at the heart of new logistics thought and is currently the most important topic of discussion in management circles. A supply chain strategy works to integrate key systems from the time an idea or product is conceived to when an order is placed to when it goes out the door to the customer. Whether you're Amazon or Mobil, Ford or small start-up, you must be examining your supply chain in order to stay competitive. And these new logistics practices and systems are becoming more and more important because your supply chain will affect the bottom line. Efficient supply chains can simultaneously improve customer service, reduce operating expenses, and minimize capital investment. This book will address: logistics performance measures and benchmarking procedures; processes for customer service and order processing; supply chain integration; logistics information systems architectures and implementation; the increasing role of logistics in business.
Supply Chain Strategy is the first book in the Logistics Management Library. Supply Chain Strategy provides an overview of all of the topics included in a supply chain strategy and included in good logistics management. Thus, this book serves as an introduction to the entire series. A supply chain strategy is at the heart of new logistics thought and is currently the most important topic of discussion in management circles. A supply chain strategy is at the heart of new logistics thought and is currently the most important topic of discussion in management circles. A supply chain strategy works to integrate key systems from the time an idea or product is conceived to when an order is placed to when it goes out the door to the customer. Whether you're Amazon or Mobil, Ford or small start-up, you must be examining your supply chain in order to stay competitive. And these new logistics practices and systems are becoming more and more important because your supply chain will affect the bottom line. Efficient supply chains can simultaneously improve customer service, reduce operating expenses, and minimize capital investment. This book will address: logistics performance measures and benchmarking procedures; processes for customer service and order processing; supply chain integration; logistics information systems architectures and implementation; the increasing role of logistics in business.