Issues in an increasingly complex environment find, read and cite all the. Kpmgs 2016 global manufacturing outlook report highlights that the best way manufacturers can reduce supply chain risk is by placing a greater emphasis on. Here are some expected challenges in global supply chain. It enables business processes to be organized using international organizations that be reduced, companies can react rapidly to unforeseen market conditions, transport strategies can be improved, costs can be minimized and waste can be eliminated. Sc1x supply chain and logistics fundamentals lesson. Jul 20, 2016 a global supply chain is made up of the interrelated organizations, resources, and processes that create and deliver products and services to end customers. The field of global supply chain management includes occupations such as supervisors andor managers of. Global supply chain management gscm focuses on developing a seamless flow of raw materials, products and services, information, and financial capital in industry. It also includes a variety of specialized facilitating systems, such as transportation and information systems. Global supply chain management gscm206 managing operations across the supply chain gscm209 supply chain management decision support tools and applications gscm326 coll148 total quality management gscm330 strategic supply and master planning gscm434 supply chain logistics, distribution and warehousing. Fundamentals of supply chain management 8 introduction 1 introduction 1. The strategic importance of supply chain management.
Supply chain management is a reverse of prior practices where manufacturers supplied product to customers. A degree or specialization in global supply chain management is designed to help students develop the supply chain and operations skills needed to work in many business areas and industries. Providing readers with a working knowledge of global supplychain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, special and advanced classes. Master of science in global supply chain management. The publication principles of global supply chain management is a very useful book for students in the field of supply chain management studying in english and.
Reports say that the ability to manage these five challenges successfully will eventually determine the success or mediocrity of a business. In an analysis of the top 25 supply chain of 2016, it was listed by analysist firm gartner as number 4. Supply chain management efforts enhance and improve efficiencies throughout every stage of the process, making it quicker, easier, more affordable and valuable to both the company and end users. The supply chain not only includes the manufacturer or suppliers, but also transporters, warehouses, retailers, and customers themselves. In particular, the supply chain function assures the ontime delivery of component material and shipment of finished goods at the lowest cost. Mar 17, 2014 supply chain executives have revealed five global supply chain management challenges that will define this industry over the next few years. It involves people, information, processes and resources involved in the production, handling and distribution of materials and finished products or providing a service to the customer. The chapter aims to explore how some successful global firms organize and manage their supply chain activities at a global level. The goal, as in all supply chains, is to match supply with demand, but on a global. Bachelors degree program management specialization.
Within each organization such a manufacturer, the supply chain includes all functions involved in. The global marketplace impacts just about every industry. A global supply chain is made up of the interrelated. Through every phase of a products lifestyle, global supply chain management professionals ensure that customers get the products and services they need and want faster, better and more costeffectively from across town or around the world. In particular, the global supply chain management gscm approach hh case can be thought of as a combination of supply chain management and global manufacturing. Mentzer and others published why global supply chain management. Global logistics and supply chain management 2nd edition. Prepare for an integrated future by earning a supply chain management masters degree online. Global supply chain management linkedin slideshare. Supply chain management in the global context econstor. Now, in an era of outsourcing and offshoring, global supply chains are the keys to firms success.
Doc global supply chain management case study nike. The objective of this paper is to identify global supply chain management challenges and its solutions. Global supply chain management any company that uses parts and services from another factory overseas faces issues with global supply chain management. 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. Understanding your value chain, and how china fits into it, can lead to tremendous tax savings. A global supply chain is a dynamic worldwide network when a company purchases or uses goods or services from overseas. The shift from the interface to the integration in managing interactions involves considerable. Global supply chain and operations management springerlink. Supply chains start at the initial design process, including raw material sourcing and. Global logistics and supply chain management, now in its third edition, provides essential reading for anybody studying scm and logistics.
Strategic global supply chains by tomas hult supply chain management has been in vogue for the last decade. First, let us define the key elements of a global supply chain strategy. Finally, cost is not the only element of a supply chains performance, as well discuss later. Nike has evolved from an organization that manufactures for professional athletes to a company that is manufacturing for all ages, demographics and fashion inclined too through technological innovations. Pdf on may 4, 2017, gianmarco persiani and others published amazon global supply chain find, read and cite all the research you need on researchgate. A qualitative research design was chosen, as not much is known about the phenomenon. Encompassing both practical and strategic perspectives, it also takes a truly global perspective, recognising the transnational nature of logistics activities in todays world. Global supply chain management clarkson university. Global logistics and supply chain management, 3rd edition wiley. Scm is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage, according to robert handfield, ph. Based on the analysis of indepth qualitative interviews using grounded theory methodology, a model of risk management strategies in global supply chains is developed.
Encompassing both practical and strategic perspectives, it also takes a truly global perspective, recognising the transnational nature of. Other dimensions must be considered and balanced when designing the supply chain, including. Designing the right global supply chain network 2019. Challenges in global supply chain management third party. Global supply chain management west virginia university. Practitioners and educators need a common definition of supply chain management, and a shared understanding of the processes. This stateoftheart handbook provides a comprehensive understanding and assessment of the field of global supply chain management gscm. The supply chain organization at adient contributes to manufacturing excellence in quality, cost and delivery to the customer.
But why are some global supply chains more effective than others. Intel corporation has one of the most resilient and robust supply chains in the world. Pdf basics of supply chain and operations management. Dmitry ivanov, alexander tsipoulanidis, jorn schonberger. A global supply chain is made up of the interrelated organizations, resources, and processes that create and deliver products and services to end customers. Scm according to the council of supply chain management professionals. Meet your expert panelists joe cade vice president general counsel bicnorwood leeton lee vice president general counsel ets express linda levine director global supply chain vantage apparel rick brenner ceo,prime line moderator. Supply chain management is the integration of key business processes from end user through. Now customers tell suppliers how and when they want their inventory delivered.
Contributors, all supply chain experts with real world experience, clearly define supply chain management, identify those factors that contribute to effective supply chain management, and suggest how the adoption of a supply chain management approach can affect business strategy and corporate performance. A supply chain consists of all stages involved, directly or indirectly, in fulfilling the customer request. Meet your expert panelists joe cade vice president. In essence, supply chain management integrates supply and demand management within and across companies. We recommend the definition of supply chain management developed and used by the global supply chain forum. Global logistics and supply chain management, 3rd edition. Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse. Global logistics and supply chain management, now in its second edition, is essential reading for students studying scm and logistics. The driver behind supply chain management is to remove inefficiencies, excess costs and excess inventories from the supply. This chapter introduces global supply chain and operations management. Global supply chain management has many benefits for a company.
The gscf defines supply chain management as the integration of key business processes from end user through original suppliers that provides products, services, and information that add value for customers and other stakeholders. Global supply chain management gscm is a challenging and rewarding professional field that has become critical to successful companies and will continue to grow in importance, offering a broad range of career opportunities across a wide range of industries. Global supply chain management, also known as the value chain or logistics network management, consists of a network of suppliers, manufacturers, warehouses, distribution centers, wholesalers and retailers. In addition to courses that will develop contextual knowledge and problemsolving skills. Portland state psu online global supply chain management. The global supply chain forum gscf developed a definition of supply chain management cooper, m et al 1997. Todays supply chain challenges global supply chain with long lead times rising and shifting customer expectations increase in labor costs in developing countriesincrease in labor costs in developing countries increase in logistics costs importance of sustainability unprecedented volatility 11 unprecedented volatility number of days the price. Zailani2 1 2 school of management, graduate school of business. This is global supplychain management, chapter 9 from the book global strategy index.
However, cscmp also state the supply chain management scm profession has continued to change and evolve to fit the needs of the growing global supply chain. 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. They play a critical role to the successful functioning of businesses, healthcare. Supply chain management scm is an important part of every organization, whether small or large. In fact, the management of global supply chains poses more challenges i. The facilities, functions, and activities involved in producing and delivering a product or service, from suppliers to customers. Further reproduction prohibited without permission. Global supply chain vantage apparel rick brenner ceo,prime line moderator. Supply chains start at the initial design process, including raw material sourcing and logistics, and continue through delivery of. These challenges comprise, for instance, an increase on transportation costs, lead times. Handbook of research on global supply chain management. The global supply chain management college certificate program is a unique business management program that prepares graduates for employment in the areas of logistics management, inventory control, materials management, and distribution.
Todays supply chain challenges global supply chain with long lead times rising and shifting customer expectations increase in labor costs in developing countriesincrease in labor costs in developing countries increase in logistics costs importance of sustainability unprecedented volatility 11 unprecedented volatility. Essentially, global supply chain management is the same as supply chain management, but it focuses on companies and organizations that are trans. Scm also deals with the movement and storing of materials needed to create a product. It is intended for broad range of students and professionals involved in supplychain and operations management. The ms global supply chain management program builds on krannerts core strengths in operations, supply chain management, and business analytics to provide students with skills that will well position them for a career in managing global supply chains. In commerce, global supply chain management gscm is defined as the distribution of goods and services throughout a transnational companies global network to maximize profit and minimize waste.