SUPPLY CHAIN MANAGEMENT

Supply Chain Management: A Comparison of Product and Service Industry

Supply Chain Management: A Comparison of Product and Service Industry

Introduction

The term supply chain management (SCM) has risen to prominence over the past 15 years, becoming such a “hot topic” that it is difficult to pick up a periodical on manufacturing, distribution, marketing, customer management, or transportation without seeing an article about SCM-related topics. Logistics, one centered component of SCM, has long been an area of concern for both practitioners and academics. In fact, the professional association for logistics and SCM professionals the Council of Logistics Management, which changed its name in 2005 to the Council of Supply Chain Management Professionals (CSCMP) to encompass the broader management area of SCMholds an annual conference that often draws more than 4,000 participants. Furthermore, every company today either causes globally, deals globally, or strives against with some business that does. Thus, global provide string of links management (GSCM) represents a centered area of aim for numerous enterprisees and enterprise schools today.

Although the extraordinary growth of GSCM attests to its robustness and functional importance, the area is diffuse and complex. Many procedures and perspectives on GSCM have emerged from logistics, operations, marketing, administration, economics, sociology, staff, data systems, and international relatives. Their diversity and rapid growth make it hard to keep abreast of important developments. Moreover, many of these approaches have evolved with relative independence, paying little attention to how they relate to existing methods or interrelate with each other. This makes it tough to build up wisdom in the field and to evolve a coherent information groundwork to guide research and practice.

Thus, this handbook is directed at providing a comprehensive understanding and evaluation of the area of GSCM. In each section, the authors recount and critically analyze the key perspectives directing GSCM, taking stock of what we know (and do not understand) about them. They recognise appearing expansion and delineate their significance to the perform of GSCM. The chapters are not proposed to be exhaustive summaries of all the applicable literature and research, but focus rudimentary knowledge and comprehending of the field. They pay specific vigilance to recognising attachments among procedures and perspectives and discovering how they contribute to integration of knowledge in GSCM.

The handbook charts the very wide terrain of GSCM from multiple viewpoints searching to explain what is currently renowned, what new expansion are occurring, and how distinct procedures and approaches are interrelated. For each chapter, we tried to select the most knowledgeable and prominent practitioners and scholars in the global arena to represent the key perspectives in the field. These suppliers share their exclusive perspectives and insights within the very wide parameters of this handbook. The result, we believe, is a handbook that offers a comprehensive, yet in-depth, examination of GSCM. Thus, it is proposed for all relevant assemblies in GSCM. For investigators, the handbook provides a broad inventory of what is currently renowned about GSCM and recognises important information gaps and matters that need to be ...