Book description
Supply Chain Management: Text and Cases presents a comprehensive, yet structured, view of logistics and supply chain management, with a focus on supply chain innovations for firms operating in competitive markets. The most significant change from the previous edition is the addition of two chapters. Chapter 11 is about supply chain contracts. Supply chain contract is emerging as a valuable instrument to coordinate various supply chains. Few popular contracts such as buyback contracts and revenue sharing contracts are discussed in depth. The other new chapter is Chapter 14. It deals with emerging field of sustainable supply chain management. Testimonials “This exceptionally well-written book introduces the concepts of supply chain management in a simple language. The case studies discuss several Indian supply chain issues from a managerial viewpoint.” - Rahul Jagannath Patil, Professor, Indian Institute of Technology Bombay “This book is an incredible mix of well-explained concepts and case studies. It is probably the best book in this field that covers issues relevant to India. Sincere effort has been made to look at various supply chain issues while maintaining a fine balance between an analytical approach and a qualitative perspective.” - Balram Avittathur, Professor, Indian Institute of Management Calcutta “Supply Chain Management: Text and Cases is an excellent book with comprehensive treatment of theory and practice covering people, process, technology and systems aspects of supply chain management with best practices from the context of emerging economies. Features, such as interview with expert and mini- project, have been included in every chapter are very useful.” - S Venkataramanaiah, Professor, Indian Institute of Management Lucknow “This is a rare textbook that lucidly interlaces conceptual rigor with practical nuances. The most important feature of this book is the treasure of cases that exemplify the complex and globally relevant Indian context. This is a must-read resource for both academia and industry.” - L S Murty, Professor, Indian Institute of Management Bangalore “This book is extremely helpful to assimilate difficult concepts like supply chain innovation, vehicle routing problems, inventory models (both deterministic and probabilistic) and postponement strategy with excellent case studies to help students understand the managerial implications. This is also the first book on supply chain management which has addressed Indian supply chain issues. Both MBA and PhD students can find comprehensive coverage of supply chain concepts in this textbook. ” - Dr. Rameshwar Dubey, Associate Professor,
Table of contents
- Cover
- Title Page
- About The Author
- Contents
- Preface
- Reviewers
-
Part I: Introduction and a Strategic View of Supply Chains
-
1 The Role of Supply Chain Management in Economy and Organization
- Introduction
- What Is Supply Chain Management?
- Evolution of Supply Chain Management
- Key Concepts in Supply Chain Management
- Decisions in a Supply Chain
- The Importance of the Supply Chain
- Enablers of Supply Chain Performance
- Improvement in Communication and IT
- Emergence of Third-party Logistics Providers
- Enhanced Inter-firm Coordination Capabilities
- Supply Chain Performance in India
- Challenges in Maintaining a Supply Chain in India
- Supply Chain Challenges for the Indian FMCG Sector
-
2 Supply Chain Strategy and Performance Measures
- Introduction
- Customer Service and Cost Trade-offs
- Order Delivery Lead Time
- Supply Chain Responsiveness
- Delivery Reliability
- Product Variety
- Supply Chain Performance Measures
- Benchmarking Supply Chain Performance Using Financial Data
- Linking Supply Chain and Business Performance
- Enhancing Supply Chain Performance
- Supply Chain Optimization
- Supply Chain Integration
- Supply Chain Restructuring
-
3 Outsourcing: Make Versus Buy
- Introduction
- Make Versus Buy: The Strategic Approach
- Identifying Core Processes
- The Business Process Route
- The Product Architecture Route
- Market Versus Hierarchy
- Economies of Scale
- Agency Cost
- Transaction Cost
- Incomplete Contracts
- Integrative Framework of Market Versus Hierarchy
- The Make-Versus-Buy Continuum
- Tapered Integration
- Collaborative Relationship
- Sourcing Strategy: Portfolio Approach
- Reconfiguration of the Supply Base
- Impact of the Internet on Sourcing Strategy
-
1 The Role of Supply Chain Management in Economy and Organization
-
Part II: Managing Material Flow in Supply Chains
-
4 Inventory Management
- Introduction
- Types of Inventory
- Cycle Inventory
- Safety Stock
- Decoupling Stocks
- Anticipation Inventory
- Pipeline Inventory
- Dead Stock
- Inventory-related Costs
- Ordering Costs
- Inventory-carrying Costs
- Stockout Costs
- Managing Cycle Stock
- Cycle Stock Inventory Model
- Managing Safety Stock
- Capturing Uncertainty
- Impact of Service Level on Safety Stock
- Managing Seasonal Stock
- Planning for Seasonal Demand
- Analysing Impact of Supply Chain Redesign on the Inventory
- Centralization Versus Decentralization
- Choice of Mode of Transport
- Managing Inventory for Short Life Cycle Products: Newsvendor Model
- Multiple-item, Multiple-location Inventory Management
- Selective Inventory Control Techniques
-
5 Transportation
- Introduction
- Drivers of Transportation Decisions
- Transportation Cost Structures
- Impact of Product and Demand Characteristics on System Cost
- Modes of Transportation: Choices and Their Performance Measures
- Choices Available
- Comparison of Modes of Transportation on Supply Chain Performance Measures
- Devising a Strategy for Transportation
- Distribution Network Design Options
- Comparison of Distribution Network Design Options
- Cross-docking
- Transportation Strategies Followed by Retail Firms
- Vehicle Scheduling
- Saving Algorithm for Vehicle Scheduling
- Static-Versus-Dynamic Scheduling
- Transportation Costs in E-Retailing
- Shipping Charges by E-Retailers
- Impact of Transport Cost on Business Performance of E-Retailers
- Grocery on the Internet: Experience of Webvan and Tesco
-
6 Network Design and Operations: Facility Location
- Introduction
- Network Operations Planning
- Relevant Costs for Network Decisions
- Network Operations Optimization: Cost Minimization Model
- Network Operations Optimization: Profit Maximization Model
- Network Design Problem
- Network Design Model: Cost Minimization Model
- Network Design Model: Profit Maximization Model
- Political Dimensions of Network Design Decisions
- Network Design and Operations Models: Extensions
- Seasonal Products: Tactical Planning Problems
- Multiple Capacity: Deciding on the Best Option
- Short Life Cycle Products: A Suitable Network Design
- Data for Network Design
- Demand Data
- Supply Side Cost Data
- Strategic Role of Units in the Network
- Strategic Role Framework
- Role Evolution Within a Network
- Location of Service Systems
- Locating Retail Outlets
- Locating Public Service Systems
- Designing Aftermarket Service System Network
- Incorporating Uncertainty in Network Design
- Appendix A: Solving Network Design and Operations Problem Using Excel Solver
- Step 1: Preparing Base Data
- Step 2: Formulating Model in Solver
- Step 3: Solving Problem and Carrying Out Sensitivity Analysis of the Solution Using Solver
- Network Design Decision
-
4 Inventory Management
-
Part III: Managing Information Flow in Supply Chains
-
7 Demand Forecasting
- Introduction
- The Role of Forecasting
- Characteristics of Forecasts
- Time Horizons for Forecasting
- Qualitative Forecasting Methods
- The Delphi Approach
- Market Research
- Life Cycle Analogy
- Informed Judgement
- Quantitative Methods
- Time-series Method
- Causal Models
- Forecast Error
- Time-series Forecasting Models
- Case 1: Forecasting Level Form
- Case 2: Forecasting the Trend Form
- Case 3: Forecasting Seasonality
- Case 4: Forecasting Combination of Seasonality and Trend
- Data Preparation for Building Time-series Models
- Behavioural Issues in Forecasting
-
8 Information Technology in Supply Chain Management
- Introduction
- Enabling Supply Chain Management Through Information Technology
- IT in Supply Chain Transaction Execution
- IT in Supply Chain Collaboration and Coordination
- IT in Supply Chain Decision Support
- IT in Supply Chain Measurement and Reporting
- Strategic Management Framework for IT Adoption in Supply Chain Management
- Supply Chain Management Application Marketplace
- Future Trends
-
7 Demand Forecasting
-
Part IV: Supply Chain Innovations
-
9 Supply Chain Integration
- Introduction
- Internal Integration
- Centralized System
- Decentralized System
- Hybrid System
- External Integration
- Increase in Demand Volatility While Moving Up the Supply Chain
- Impact of Buyer Practices on Demand Distortions Across the Buyer–Supplier Link
- Impact of Supplier Practices on Demand Distortions Across the Buyer–Supplier Link
- Bullwhip Effect: Demand Volatility and Information Distortions Across Supply Chains
- Remedial Strategies to Counteract Demand Distortions Across Supply Chains
- Barriers to External Integration
- Building Partnership and Trust in a Supply Chain
- Steps in Building Successful Relationships
- Effect of Interdependence on Relationships
- Supply Chain External Integration: Industry-level Initiatives
- Vendor-managed Inventory
- Efficient Customer Response
- CPFR
-
10 Supply Chain Restructuring
- Introduction
- Supply Chain Mapping
- Value-addition Curve
- Customer Entry Point in the Supply Chain
- Point of Differentiation
- Supply Chain Process Restructuring
- Postpone the Point of Differentiation
- Postponement Case Studies
- Postponement for Reducing Transportation Cost
- Problems with Implementing the Postponement Strategy
- Changing the Shape of the Value-addition Curve
- Advance the Customer Ordering Point: Move from MTS to CTO Supply Chain
- Altering Customer Offering Bundle
- Illustrative Case Studies
- Moving from MTS to CTO: Alternative Approaches
- Moving from the MTS to the CTO Model: The Role of Innovations and Experimentations
- Restructuring the Supply Chain Architecture
- Restructure Flow in the Chain: Hindustan Unilever Case
- Restructure Placement of Inventory in the Chain
- 11 Supply Chain Contracts
-
12 Agile Supply Chains
- Introduction
- Supply Chains for High Demand Uncertainty Environment
- Forecast Updating
- Responsive Supply Chain: Optimal Use of Dual Sources of Supply
- Illustration of Responsive Supply Chain Approach
- Speculative Approach
- Responsive Approach
- Impact of Negatively Correlated Demand Structure
- Sources of Supply Chain Disruptions and Its Impact on Business
- Sources of Supply Chain Disruptions
- Consequences of Supply Chain Disruptions
- Methodologies for Handling Disruptions
- Multi-location Sourcing
- Location of the Secondary Source
- Appendix: Simulation Using Excel
- Generating Random Numbers Using Excel
- Building a Simulation Model
-
13 Pricing and Revenue Management
- Introduction
- Pricing
- Law of Demand and Optimal Pricing Decision
- Case of Non-linear Demand Curve
- Revenue Management for Multiple Customer Segments
- Pricing Under Capacity Constraint for Multiple Segments
- Revenue Management Under Uncertain Demand and Limited-capacity Situations
- Capacity Allocation Among Multiple Segments
- Forward Market Versus Spot Market
- Overbooking
- Revenue Management for Inventory Assets: Markdown Management
- Innovative Pricing
- 14 Sustainable Supply Chain Management
-
9 Supply Chain Integration
-
Part V: Supply Chain Cases
- Kurlon Limited (A)
- Kurlon Limited (B)
- Vehicle Routing at Baroda Union
- Supply Chain Initiative at APR Limited
- Supply Chain Management at Dalmia Cement Ltd
- The Global Green Company
- Marico Industries: mySAP™ Supply Chain Management
- Subhiksha: Managing Store Operations (A)
- Subhiksha: Managing Store Operations (B)
- Suguna Poultry Farm Ltd
- Brand and Company Index
- Subject Index
- Copyright
Product information
- Title: Supply Chain Management: Text and Cases, 2nd Edition
- Author(s):
- Release date: May 2016
- Publisher(s): Pearson Education India
- ISBN: 9789353062538
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