He has lectured extensively in the area and was until recently Professor of Operations Management at the University of Calgary, Canada. He is now a visiting professor at universities in Europe and the United States, and runs a company that is centered around management research and education. Stephen Rinsler Background; Definition; Reasons for outsourcing; How different is the public sector from the private sector with regard to outsourcing? See All Customer Reviews.
Shop Textbooks. Read an excerpt of this book! Add to Wishlist. USD This is a quite technical definition which is used similarly by the Chartered Institute of Logistics and Transport UK, , cited in Rushton et al. But it represents the true nature and requirements logistics is facing. According to Christopher , p.
This module explores the following topics:
Logistics is the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory and the related information flows through the organisation and its marketing channels in such a way that current and future profitability are maximised through the cost-effective fulfilment of orders. This definition adheres to the entire company by addressing departments however and activities.
Thus, logistics should lead to positive results in business related issues. The commonly used term SCM has its roots in the s. In the course of time it became essential that key functions were adjusted not only within a company but rather between two or more companies in order to provide service to the customer best possible Rushton et al. This new collaborative aspect between enterprises and the fact that technology developed quickly strengthened the evolution of SCM as a discipline.
The computer was highly used for transferring information between the value chains.
Soni and Kodali Mentzer et al. Hence, the value chain needs to be coordinated closely.
However, the term is defined differently in the world of re- search and science. Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.
Critically evaluate the development of Supply Chain Management over the last 30 years from its roots in physical distribution into a strategic boardroom level business issue Essay, 9 Pages, Grade: 1.
Global Logistics: New Directions in Supply Chain Management
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