Supply Chain Transformation Evolving with Emerging Business Paradigm

Today, supply chain transformation for creating customer value continues to be a priority for many companies, as it enables them to gain a competitive advantage. While value creation is shaped by external drivers such as market volatility, technology, pro

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Amiya K. Chakravarty

Supply Chain Transformation Evolving with Emerging Business Paradigms

Springer Texts in Business and Economics

For further volumes: http://www.springer.com/series/10099

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Amiya K. Chakravarty

Supply Chain Transformation Evolving with Emerging Business Paradigms

Amiya K. Chakravarty DM School of Business Northeastern University Boston, MA USA

ISSN 2192-4333 ISSN 2192-4341 (electronic) ISBN 978-3-642-41910-2 ISBN 978-3-642-41911-9 (eBook) DOI 10.1007/978-3-642-41911-9 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2014931758 # Springer-Verlag Berlin Heidelberg 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

This book is dedicated to my wife Indira, my daughter and son, and their families

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Foreword

The management of supply chains has been long recognized as a key requirement for the achievement of customer satisfaction in both product and service based industries. The business world, however, is changing in profound ways and it has become necessary for firms to adapt to prosper and even to survive. In order to do so, they must transform their supply chains in ways that are responsive to the wide range of changes in their environment which are dri