The Icfai University Press on Supply Chain Management: Managing the Process
Synopsis
'Logistics' form the core of supply chain management. Effective logistics, therefore, play a significant role in managing the efficiency and responsiveness of a supply chain. However, an integrated approach to logistics management optimizes supply chain excellence. On the other hand, the success of any business depends not only on improving the efficiency of its internal operations, but also on the effective relationships with its supply chain partners. Effective supply chain relationships result in reduced lead times, inventory and operational costs, while improving efficient customer responsiveness (ECR). Establishing and managing collaborative relationships with both supply and buy-side partners is, therefore, crucial in today’s global economy. This book throws light on various useful insights, practices and strategies related to the management of logistics and supply chain relationships within the context of supply chain networks. While offering an immense learning value to the academicians, researchers and students of management, this book will help professionals and executives to better understand the concepts and practices relating to these aspects of supply chain management (SCM).
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