Logistics and Supply Chain Management (3rd Edition) (3rd Edition)

Author: Martin Christopher
Publisher:
Publish Date: 2006-01-01
Features: With the wave of economic globalization, competition between supply chains has become the main form of competition in the 21st century. Supply chain management, as an advanced management technology, aims to integrate the market, distribution network, manufacturing processes, and procurement activities to meet customer requirements with higher service levels and lower total costs. The third edition of this book places greater emphasis on the responsiveness of supply chains and adds content on logistics and customer value as well as supply chain risk management. It points out that a supply chain is actually a network composed of different organizations that are interdependent yet independent. As the trend of outsourcing becomes more pronounced, the complexity of the supply chain network and the necessity of coordination within the entire network are significantly enhanced. Key Points of the Book: Introduces the concept of customer-driven logistics systems, which are built on the basis of service demand priorities and customer segments. Logistics management significantly impacts the overall investment return and even the ultimate shareholder value in many aspects. Introduces the concept of logistics performance indicators, such as benchmarking and balanced scorecards. Globalization, including the construction of global logistics networks, outsourcing, and network partner collaboration. Just-in-time and the development of information technology, which enhance its functionality.