Global Macrotrends and Their Impact on Supply Chain Management: Strategies for Gaining Competitive Advantage

Global Macrotrends and Their Impact on Supply Chain Management: Strategies for Gaining Competitive Advantage

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Product Details

ISBN-13: 9780132944267
Publisher: Pearson Education
Publication date: 12/03/2012
Series: FT Press Operations Management
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 320
File size: 12 MB
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About the Author

CHAD W. AUTRY is Associate Professor of Supply Chain Management and Director of Supply Chain Forum—North America at the University of Tennessee’s College of Business Administration. He contributes actively to the Council of Supply Chain Management Professionals and the Warehouse Education and Research Council, and has led local and national events for the Production and Operations Management Society and Institute for Supply Management. He holds a Ph.D. in Business Administration/Supply Chain Management from the University of Oklahoma.

THOMAS J. GOLDSBY, Professor of Logistics at The Ohio State University, is Associate Director of its Center for Operational Excellence and Research Associate at its Global Supply Chain Forum. He has supervised more than 100 Lean/Six Sigma supply chain projects with industry partners and coauthored the book Lean Six Sigma Logistics. He has received recognition for excellence in teaching and research at Iowa State University, The Ohio State University, and the University of Kentucky. He holds a Ph.D. in Marketing and Logistics from Michigan State University.

JOHN E. BELL is an Assistant Professor of Supply Chain Management at the University of Tennessee’s College of Business Administration and a board member of the Western Decision Sciences Institute. He earned his Ph.D. in Management at Auburn University, taught at the Air Force Institute of Technology and Georgia College & State University, and spent more than 20 years as a U.S. Air Force logistics and maintenance officer. He has published more than 20 academic articles on vehicle routing, facility location selection, supply chain strategy, and related topics.

Table of Contents

Preface     xiv

Part I Global Macrotrends Impacting the Supply Chain Environment     1

Chapter 1 Supply Chain Management in the 21st Century     3

A Note on Futurism    7

The Underpinnings of Supply Chain Management     9

What You Will Learn from This Book     15

Managing the Supply Chain to Mitigate Macrotrend Risks    18

Chapter 2 Global Population Growth and Migration     21

Impacts of Population Change on Demand and Supply     25

Population Growth Perspectives     27

Organic Population Growth Issues for Supply Chain Managers     33

Supply Chain Problems Created by Migration-Based Growth     36

The Future Supply Chain Manager’s Population-Oriented Agenda     41

Chapter 3 Global Connectivity and Socioeconomic Leveling     55

Is Globalization Real?     57

Economic Leveling and Connectivity Issues for Future Supply Chain Managers     68

Chapter 4 The Changing Physical Environment     83

The Environment and You, You and the Environment     86

Environmental Pressures on Supply Chains     93

Environmental Challenges for Future Supply Chain Managers     99

Chapter 5 Geopolitical and Social Systems Disruptions     111

Commodity Hoarding and Export Restriction: The China Syndrome     117

Government Risks and Considerations    125

Tangible and Virtual Intentional Disruption     129

Geopolitical Challenges for Future Supply

Chain Managers     132

Part II Macrotrend Implications for Supply Chain Functionality     147

Chapter 6 Implications for Supply Chain Planning:

Demand and Supply Uncertainty     149

How Supply Chain Plans Improve Performance     151

The Supply Chain Planning Function    153

Macrotrend Demand/Supply Impacts: Supply Chain Planning Considerations     157

Chapter 7 Implications for Sourcing/Procurement: Natural Resource Scarcity     165

Understanding Resource Scarcity Today and Tomorrow     166

Natural Resource Attributes and Their Future Implications     170

The Seven Forces Driving Resource Scarcity     174

Scarcity Strategies for the Future Procurement/Supply Manager     180

Sourcing and Procurement Responses to Resource Scarcity Through 2030     182

Chapter 8 Implications for Production: Disrupted Process Flows     185

Manufacturing and the Larger Economy     186

Manufacturing-Driven Supply Chain Strategies     191

Manufacturing Strategies for the Future Production Manager     201

Chapter 9 Implications for Transportation/Logistics: Congestion and Infrastructure Decay    207

Friction of Distance     209

Public-Private Partnerships and Other Solutions     213

Responding to Congestion, Distance Friction, and an Overwhelmed Infrastructure     215

Diffusing Congestion with Advanced Technologies     221

Part III Macrotrend Risk-Mitigation Strategies     225

Chapter 10 Mitigating Supply-Driven Imbalance      227

Employment Approaches     230

Conservation Approaches     235

Resource Scarcity Mitigation Strategies for the Supply Chain     240

Mitigating Supply-Driven Imbalances     244

Chapter 11 Mitigating Demand-Driven Imbalance     247

Demand Shaping in the Transforming World: Macro and Micro Issues     250

The Case for Demand/Supply Integration     254

Implementing DSI to Mitigate Demand-Side Imbalances     258

Applying the Demand-Imbalance Mitigation Strategies     272

Index     275

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