supply chain mgt coyle ch1
CHAPTER 1 SUPPLY CHAIN MANAGEMENT: AN OVERVIEW
LEARNING OBJECTIVES
The major objectives of this chapter are:
Understand the major external change drivers in the global economy and explain their impacts on global supply chains.
Understand the development of supply chain management in leading organizations and its contribution to financial viability.
Appreciate the significance and role of supply chain management among private, public and nonprofit organizations.
Understand the contributions of a supply chain approach to organizational efficiency and effectiveness for competing successfully in the global marketplace.
Explain the benefits that can be achieved from implementing supply chain best practices.
Understand the major challenges and issues facing organizations currently and in the future.
CHAPTER OVERVIEW
Introduction
The last decade of the twentieth century was a period of rapid change for organizations, especially businesses. That rate of change has not slowed down and is actually increasing in the twenty-first century. The forces of change require organizations to be much more nimble and responsive; that is, organizations need to be able to transform themselves to survive in the intensely competitive global environment.
Use the Case study as a means to discuss the changed environment in a more concrete manner.
Discuss the current retail environment and use the examples of K-Mart and Walmart, and the ability of Walmart to dominate the retail landscape in part due to their highly developed logistics capability. An online literature search should find several current articles that you can use to provide more information.
What Forces Are Driving the Rate of Change?
The rate of change has accelerated, both in U.S. domestic business and globally. A key to understanding how to respond to this change is to gain a perspective on the forces of change.
Globalization: Many believe that globalization has replaced the “cold war” of
LEARNING OBJECTIVES
The major objectives of this chapter are:
Understand the major external change drivers in the global economy and explain their impacts on global supply chains.
Understand the development of supply chain management in leading organizations and its contribution to financial viability.
Appreciate the significance and role of supply chain management among private, public and nonprofit organizations.
Understand the contributions of a supply chain approach to organizational efficiency and effectiveness for competing successfully in the global marketplace.
Explain the benefits that can be achieved from implementing supply chain best practices.
Understand the major challenges and issues facing organizations currently and in the future.
CHAPTER OVERVIEW
Introduction
The last decade of the twentieth century was a period of rapid change for organizations, especially businesses. That rate of change has not slowed down and is actually increasing in the twenty-first century. The forces of change require organizations to be much more nimble and responsive; that is, organizations need to be able to transform themselves to survive in the intensely competitive global environment.
Use the Case study as a means to discuss the changed environment in a more concrete manner.
Discuss the current retail environment and use the examples of K-Mart and Walmart, and the ability of Walmart to dominate the retail landscape in part due to their highly developed logistics capability. An online literature search should find several current articles that you can use to provide more information.
What Forces Are Driving the Rate of Change?
The rate of change has accelerated, both in U.S. domestic business and globally. A key to understanding how to respond to this change is to gain a perspective on the forces of change.
Globalization: Many believe that globalization has replaced the “cold war” of