Supply Chain Management Best Practices

Supply Chain Management Best Practices
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Learn from leaders across industries to develop a tech-enabled «best-in-class» supply chain Supply Chain Management Best Practices , Third Edition, is the long-awaited update to a classic resource. Since the second edition was published, the demands of the marketplace have radically shifted the dynamics of supply chain management. Transportation and fulfillment must now accommodate the technological gains that have transferred computing power from mainframes and workstations into smartphones in hands around the world. This updated book covers the new concepts, processes, and technologies that today’s supply chain professionals must know—including drones, the Internet of Things, same-day delivery, artificial intelligence, and more. Award-winning author David Blanchard discusses how companies are actively using these technologies and gaining competitive advantage through their implementation. Like its predecessors, this edition focuses on industry trends and case studies, offering the stories, recent examples of supply chain initiatives, and insights into new best practices. You'll learn proven methods for measuring the performance of a supply chain, including traditional core processes and new, extended strategies being used by today’s leading companies. Identifies proven strategies, solutions, and performance metrics for supply chain management best practices Shows how to manage supply chains in a global marketplace and how to choose third-party providers Includes new coverage of today’s game-changing supply chain technologies: drones, the Internet of Things, same-day delivery, omni-channel distribution, artificial intelligence, Uber-style freight transportation apps, blockchain, robotics, and more Discusses supply chain metrics, planning and forecasting, procurement, manufacturing, transportation, distribution, globalization, customer service, risk management, supply chain finance, and workforce management This invaluable guide for supply chain professionals, CFOs, CIOs, and others, also offers guidance on green supply chains and managing logistics in a global environment.

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David Blanchard. Supply Chain Management Best Practices

Table of Contents

Guide

Pages

Supply Chain Management Best Practices

Preface

Acknowledgments

CHAPTER 1 If Supply Chain Is the Answer, Then What's the Question? Flashpoints

You Knew This Job Was Dangerous When You Took It

The Big Picture

The Supply Chain's Back Story

Roadblocks on the Supply Chain Path

Separating the Good from the Best

Notes

CHAPTER 2 Anatomy of a Supply Chain. Flashpoints

Aerospace: Changing the Game, for Better or Worse

Consumer-Packaged Goods: The Moment of Truth

Food and Beverage: Cutting Out the Middleman

Healthcare: Driving Out Waste

Industrial Products: Diversity in the Supply Chain

Oil and Gas: Managing the Managers

Pharmaceuticals: Innovation in Real Time

Retail: It's Amazon's World—We're Just Shopping in It

Notes

CHAPTER 3 Supply Chain Metrics: Measuring Up to High Standards. Flashpoints

How to Prevent a Supply Chain Heart Attack

What Makes a Supply Chain Leader?

Measure Satisfaction

Everybody's Talking About Benchmarking

Do the Right Things

Setting Your Sights High

Supply Chain Checkup

Learn the SCOR

SCM for Dummies

Follow the Roadmap

At a Glance. SCOR

Make It All Meaningful

Focusing on the Customer

Notes

CHAPTER 4 Planning and Forecasting: Headed for the Future. Flashpoints

At a Glance. Supply Chain Planning

A Bias Against Good Plans

From Soup to S&OP

No Time Like the Real Time

At a Glance. Sales and Operations Planning

End-to-End Integration

Analyze This

At a Glance. Business Intelligence

A Happy Ending

Notes

CHAPTER 5 Procurement: Go Right to the Source. Flashpoints

A Formula for Success

Managing the Changes

Keep Your Friends Close and Your Suppliers Closer

Looking Backward to See Forward

Ensuring a Healthy Supply Chain

It Seemed Like a Good Idea at the Time

An Online Car Wreck

A Rating Service for Buyers and Sellers

Sustainable Sourcing Pays Off

Closing the Loop

Notes

CHAPTER 6 Manufacturing: Supply Chain on the Make. Flashpoints

The Toyota Way

At a Glance. Lean Manufacturing

Nearly Perfect

At a Glance. Six Sigma

Leaning into Quality

Don't Settle for Occasional Improvement

The Value of Teamwork

Leaning in the Right Direction

Smart Manufacturing, Smarter Suppy Chains

Supply Chain in 3D

Collaborating on Product Designs

At a Glance. Product Lifecycle Management

The Future of Manufacturing

Notes

CHAPTER 7 Transportation: Logistics à la Mode. Flashpoints

Riding the Roads

Regulations and Deregulation

Fuel for Thought

A Capacity for Change

Know Thyself, and Thy Carrier, Too

Collaboration Is a Two-Way Street

A Carrier by Any Other Name

Automate to Consolidate

At a Glance. Transportation Management Systems

Autonomous Vehicles on Land, Sea, and Air

Do-It-Yourself Logistics

The Last Mile

Get It There on Time

Notes

CHAPTER 8 Distribution and Warehousing: Going with the Flow. Flashpoints

Omni-Channel Surfing

At a Glance. Warehouse Execution Systems

A Great Idea in Theory

At a Glance. Warehouse Management Systems

Virtual Inventory

Cross-Docking, Compliance, and Collaboration

At a Glance. Cross-Docking

Handle with Care

Saving on Labor

How to Better Manage Your Warehouse

Design for Supply Chain

Striking the Proper Balance

At a Glance. Distribution Network Planning

A Site for Sore Eyes

How Much Is Too Much?

A Quick Guide to Site Selection

The Three Deadly Sins of Warehousing

Notes

CHAPTER 9 Globalization: It's a Not-So-Small World. Flashpoints

Playing by Somebody Else's Rules

Develop a Global Vision

Following the Plan

Friendly Nations

“Low Cost” Sometimes Means “Poor Service”

Total Cost of Supply Chain

Take a Look for Yourself

Finding the Next Global Hot Spot

The Need for Supply Chain Visibility

Shoring Up the Supply Chain

There's No Place Like Home

Notes

CHAPTER 10 Customer Service: Keeping the Customer Satisfied. Flashpoints

The Perfect Order

The High Cost of Imperfection

Price per unit

Every Day Is a Holiday

One Good Return Deserves Another

Supply Chain in Reverse

At a Glance. Reverse Logistics

Money in the Bank

A Better Way to Sell Mouthwash

At a Glance. Collaborative Planning, Forecasting, and Replenishment

A Nine-Step Program for CPFR

Don't Expect Collaboration to Be Easy

Respecting Your Partners

A Culture of Customer Satisfaction

At a Glance. Customer Relationship Management

How to Get the Most Out of a Relationship

Notes

CHAPTER 11 3PLs: When You'd Rather Not Do It Yourself. Flashpoints

A Shift to the Supply Chain Side

Letting Somebody Else Do It

At a Glance. Third-Party Logistics Provider

Supply Chain Essentials and Nonessentials

Finding Your Core Competency

The Same Set of Eyes

The Financial Impact of Outsourcing

Staying in Touch

Going Beyond the 3PL Model

At a Glance. Lead Logistics Provider (LLP)

Outpacing the Competition

Higher Demands, Higher Expectations

Notes

CHAPTER 12 Risk Management: What to Do When Absolutely Nothing Goes According to Plan. Flashpoints

Reducing Your Vulnerability

Don't Let Their Problems Become Your Problems

Shelter from Supply Chain Storms

Cybersecurity Blanket

Customs-Trade Partnership Against Terrorism

Getting Countries to Talk to Each Other

“It'll Never Happen Here”

Taking Responsibility for Your Supply Chain

Securing the Supply Chain

Taking Steps Toward Effective Compliance

An Investment Worth Making

Business as Unusual

Notes

CHAPTER 13 Supply Chain Technology: If You've Got the Money, Somebody's Got the Solution. Flashpoints

Getting the Job Done with AI

The ABCs of RFID

Proactive Replenishment

At a Glance. Radio Frequency Identification

In Search of Payback

Work the Bugs Out

A Block Off the Ol' Chain

At a Glance. Blockchain

An Interconnected Collection of Technologies

At a Glance. Internet of Things

Reinvent, Rethink, Reimagine

Notes

CHAPTER 14 Corporate Social Responsibility: Doing the Right Things for the Right Reasons. Flashpoints

Champions of CSR

Corporate Irresponsibility

Who's Minding the Supply Chain?

The Black Elephant in the Room

At a Glance. Carbon Footprint

The Carbon Footprint of a Banana

Don't Reinvent the Wheel

Bridge Over Muddled Waters

Eco-Friendly Strategies

Notes

CHAPTER 15 The Financial Supply Chain: Cash Is King. Flashpoints

A Convergence of Talent

Zero Hour for Budgeting

Roll with the Changes

Supply Chain Finance: Part Strategy, Part Technology

At a Glance. Supply Chain Finance

Financials on the Rocks

Show Me the Money

Notes

CHAPTER 16 The Supply Chain Profession: What Keeps You Up at Night? Flashpoints

People Management

Talent Search

Hiring Problem Solvers

Training the Next Generation

Toy Stories

Gray Matters

How Diverse Is Your Supply Chain?

What Keeps You Up at Night?

The Secret to Supply Chain Success

Notes

About the Author

Index

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Third Edition

DAVID BLANCHARD

.....

Top-performing supply chains, quite frankly, do things a little differently from everyone else. According to Debra Hofman, an analyst with Gartner, best-in-class companies share these three traits:

Karen Butner, who leads the IBM Institute for Business Value, boils it all down to one common factor: “Top supply chains all have the ability to respond quickly to shifts in demand with innovative products and services.”14

.....

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