3 Review(s)

Supply Chain Management 4th Edition is a brilliant guide to the key drivers of supply chain management and gives good insights to students regarding what gives rise to a high competitive advantage. Summary Of The Book Targeted towards an academic as well as a practitioner audience, Supply Chain Management 4th Edition is appropriate for MBA students, engineering master’s students, and senior undergraduate students interested in supply chain management and logistics, and it can serve as a suitable reference for concepts and methodology for practitioners in the consulting industry. The main objective of the book includes developing an understanding of the key areas and their interrelationships such as the strategic role of a supply chain, the key strategic drivers of supply chain performance, and analytical methodologies for supply chain analysis. Organised into six parts, the text includes case studies and global examples for each part. The first part deals with Building a Strategic Framework to Analyze Supply Chains, the second part is Designing the Supply Chain Network, the third part discusses Planning Demand and Supply in a Supply Chain and so on. Changes that were incorporated in the third edition have been built on in this fourth edition, which include an entire chapter, i.e chapter 6, devoted to the design of global supply chain networks. The discussion of globalisation has also been enhanced in chapter 14 on sourcing. In chapter 17, the presentation has been altered to broaden the focus from the bullwhip effect to lack of coordination. Appendices have been provided to help students comprehend supply chain concepts. A lot of Indian examples like Jaipur Rugs, Simbhaoli Sugar, and Dr. Reddy’s Laboratories have been used. Supply Chain Management 4th Edition was awarded the best book of the year for 2002 by the Institute of Industrial Engineers (IIE). About The Authors Lieutenant General Dharam Vir Kalra is a Fellow and Vice-Chairman of the Chartered Institute of Logistics and Transport, India, a distinguished member at the Indian Institute of Materials Management, and a Fellow at the All India Management Association. He served the Indian Army for 38 years and retired as the Director General of Ordnance Services. During his tenure, he controlled inventory valued at Rs. 50,000 crores. He is an effective communicator, known for his expertise and great interest in studying and teaching Supply Chain Management and International Logistics. He was also awarded the Ati Vashisht Seva Medal in 1988, and the Param Vashisht Seva Medal in 1992, by the President of India. Sunil Chopra is currently the IBM Distinguished Professor of Operations Management at the Kellogg Graduate School of Management. Operations Management, Logistics, and Distribution Management, Design of Communication and Distribution Networks are his specialised interests. He has co-authored the book Managing Business Process Flows and he has been the Departmental Editor for the journals Management Science and an Associate Editor for the Decision Sciences Journal, Manufacturing & Service Operations Management, and Operations Research. He was Interim Dean of the Kellogg School of Management at Northwestern University from 2009-2010. He received his PhD in Operations Research from SUNY Stony Brook. Peter Meindl is a Finance and Economics PhD candidate in the Management Science & Engineering Department, Stanford University. He was previously a strategy consultant with the Boston Consulting Group and the Director of Corporate Strategy for i2 Technologies, a software firm. His research focuses on portfolio optimization and dynamic hedging using stochastic programming, receding horizon control, and Monte Carlo simulation.