Supply Chain Engineering

ISBN-10: 1439811989

ISBN-13: 9781439811986

Edition: 2012

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Description: Using state-of-the-art models, concepts, and solution methods, this book provides an understanding of how companies plan, source, make, and deliver products to create and maintain a global competitive advantage. The authors employ the precise tools of engineering analysis to address broad and challenging problems in business management, emphasizing a quantitative approach to solving problems related to designing and operating supply chains. This comprehensive text progresses from laying out a strategic framework to addressing tactical elements for managing flow of goods, putting it together in the context of the global supply chain.

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Book details

List price: $98.00
Copyright year: 2012
Publisher: CRC Press LLC
Publication date: 9/27/2012
Binding: Hardcover
Pages: 548
Size: 6.25" wide x 9.25" long x 1.00" tall
Weight: 1.936
Language: English

A. RAVINDRAN, PhD, is Professor of Industrial and Manufacturing Engineering at Penn State University in University Park, Pennsylvania.K. M. RAGSDELL, PhD, is Professor of Engineering Management at the University of Missouri in Rolla, Missouri.G. V. REKLAITIS, PhD, is Edward W. Comings Professor of Chemical Engineering at Purdue University in West Lafayette, Indiana.

Introduction to Supply Chain Engineering
Understanding Supply Chains
Flows in Supply Chains
Meaning of Supply Chain Engineering
Supply Chain Decisions
Enablers and Drivers of Supply Chain Performance
Assessing and Managing Supply Chain Performance
Relationship between Supply Chain and Financial Metrics
Importance of Supply Chain Management
Organization of the Textbook
Summary and Further Readings
Exercises
References
Planning Production in Supply Chains
Role of Demand Forecasting in Supply Chain Management
Forecasting Process
Qualitative Forecasting Methods
Quantitative Forecasting Methods
Incorporating Seasonality in Forecasting
Incorporating Trend in Forecasting
Incorporating Seasonality and Trend in Forecasting
Forecasting for Multiple Periods
Forecasting Errors
Monitoring Forecast Accuracy
Forecasting Software
Forecasting in Practice
Production Planning Process
Aggregate Planning Problem
Linear Programming Model for Aggregate Planning
Nonlinear Programming Model for Aggregate Planning
Aggregate Planning as a Transportation Problem
Aggregate Planning Strategies: A Comparison
Summary and Further Readings
Replenishment (CPFR)
Exercises
References
Inventory Management Methods and Models
Decision Framework for Inventory Management
Some Preliminary Modeling Issues
Single-Item, Single-Period Problem: The Newsvendor
Single-Item, Multi-Period Problems
Multi-Item Inventory Models
Multi-Echelon Inventory Systems
Conclusions
Further Readings
A Appendix: The Bullwhip Effect
References
Exercises
References
Transportation Decisions in Supply Chain Management
Introduction
Motor Carrier Freight: Truckload Mode
Accounting for Goods in transit
Stepping Back: Freight Transportation Overview
More General Models of Freight Rates
Building A Rate Model: LTL Service
A More General Rate Model for LTL Service
Beyond Truck Transport: Rail and Air Cargo
Conclusion
Further Readings
Exercises
References
Location and Distribution Decisions in Supply Chains
Modeling with Binary Variables
Supply Chain Network Optimization
Risk Pooling or Inventory Consolidation
Continuous Location Models
Real-World Applications
Summary and Further Readings
Exercises
References
Supplier Selection Models and Methods
Supplier Selection Problem
Supplier Selection Methods
Multi-Criteria Ranking Methods for Supplier Selection
Multi-Objective Supplier Allocation Model
Summary and Further Readings
Exercises
References
Managing Risks in Supply Chain
Supply Chain Risk
Real World Risk Events and Their Impacts
Sources of Supply Chain Risks
Risk Identification
Risk Assessment
Risk Management
Best Industry Practices in Risk Management
Risk Quantification Models
Value-at-Risk (VaR) Models
Miss-the-Target (MtT) Risk Models
Risk Measures
Combining VaR and MtT Type Risks
Risk Detectability and Risk Recovery
Multiple Criteria Optimization Models for Supplier Selection Incorporating Risk
Summary and Further Readings
Exercises
Acknowledgments
References
Global Supply Chain Management
History of Globalization
Impacts of Globalization
Global Sourcing
International Logistics
Designing a Resilient Global Supply Chain: A Case Study
Summary and Further Readings
Exercises
Questions
References
Multiple Criteria Decision Making: An Overview
Index
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