Hugos - Essentials of supply chain management

1. Chapter 1
2. Chapter 3
3. Chapter 4
4. Chapter 5
5. Chapter 6
6. Chapter 7
7. Chapter 8
8. Chapter 9
9. Chapter 10

The Essentials Series was created for business advisory and corporate professionals. The books in this series were designed so that these busy professionals can quickly acquire knowledge and skills in core business areas.

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Books in this series include:

• Essentials of Accounts Payable by Mary S. Schaeffer
• Essentials of Balanced Scorecard by Mohan Nair
• Essentials of Business Ethics by Denis Collins
• Essentials of Business Process Outsourcing by Thomas N. Duening and Rick L. Click
• Essentials of Capacity Management by Reginald Tomas YuLee
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• Essentials of Corporate and Capital Formation by David H. Fater
• Essentials of Corporate Fraud by Tracy L. Coenen
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• Essentials of Cost Management by Joe and Catherine Stenzel
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• Essentials of Enterprise Compliance by Susan D. Conway and Mara E. Conway
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• Essentials of Licensing Intellectual Property by Paul J. Lerner and Alexander I. Poltorak
• Essentials of Managing Corporate Cash by Michele AllmanWard and James Sagner
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• Essentials of Online Payment Security and Fraud Prevention by David Montague
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• Essentials of Payroll Management and Accounting by Steven M. Bragg
• Essentials of Risk Management in Finance by Anthony Tarantino with Deborah Cernauskas
• Essentials of SarbanesOxley by Sanjay Anand
• Essentials of Shared Services by Bryan Bergeron
• Essentials of Supply Chain Management by Michael Hugos
• Essentials of Technical Analysis for Financial Markets by James Chen
• Essentials of Trademarks and Unfair Competition by Dana Shilling
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Fourth Edition

Michael Hugos

Copyright 2018 by John Wiley & Sons, Inc. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Published simultaneously in Canada.

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Library of Congress CataloginginPublication Data:

Names: Hugos, Michael, author.
Title: Essentials of supply chain management / Michael Hugos.
Description: Fourth Edition. | Hoboken : Wiley, 2018. | Series: Essentials series | Revised edition of the authors Essentials of supply chain management, 2011. | Includes index. |
Identifiers: LCCN 2017056763 (print) | LCCN 2017058101 (ebook) | ISBN 9781119464464 (epub) | ISBN 9781119461104 (paperback) | ISBN 9781119464457 (ePDF)
Subjects: LCSH: Business logistics. | BISAC: BUSINESS & ECONOMICS / DecisionMaking & Problem Solving.
Classification: LCC HD38.5 (ebook) | LCC HD38.5 .H845 2018 (print) | DDC 658.7dc23
LC record available at https://lccn.loc.gov/2017056763

Cover Design: Wiley
Cover Image: FarukUlay/Getty Images

To my wife, Venetia

My intention in this book is to speak to a wide audience of business, technical, and professional people and others looking to understand this increasingly import area of activity. I provide a clear framework for understanding supply chain theory, operations, and opportunities. I then build on that framework and show ways to create supply chains with the performance levels needed for success in this realtime global economy we live in.

I know you are busy and your time is valuable. So, I've worked hard to get to the point quickly and explain things clearly and concisely. This book provides a framework to understand the structure and operation of any supply chain. It also provides guidance and insights for how to make good use of the flood of new supply chain technologies. Ideas are provided for combining technology, people, and business processes to deliver greater levels of supply chain performance.