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Principles of Supply Chain Management

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In this chapter from his book, Essentials of Supply Chain Management, The: New Business Concepts and Applications, Hokey Min discusses the importance of Supply Chain Management.
This chapter is from the book
  • “Silos—and the turf wars they enable—devastate organizations.”
  • Patrick Lencioni, Silos, Politics and Turf Wars

Learning Objectives

After reading this chapter, you should be able to:

  • Understand the rationale behind and fundamental principles of supply chain management.
  • Comprehend the differences between supply chain perspectives and traditional business perspectives.
  • Identify the main drivers of supply chain links.
  • Recognize the managerial benefits and potential challenges of the supply chain practices.
  • Analyze the impact of supply chain management on the bottom line and the competitiveness of the organization.
  • Understand the necessary changes and transformations required for the successful implementation of the integrated supply chain perspectives.
  • Find ways to leverage the supply chain for business success.
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