Logistics and Supply Chain Management

Logistics and Supply Chain Management is essential for business success, providing practical tools to manage people and processes to gain a competitive advantage. The sixth edition has been updated with new chapters on the Digital Supply Chain and Sourcing and Supply Management.

Format: Paperback / softback
Length: 360 pages
Publication date: 14 December 2022
Publisher: Pearson Education Limited

Supply chains and the logistics activities that support them are essential to business success. Logistics and Supply Chain Management offers the most up-to-date practical tools to manage the people and processes that enable businesses to gain and maintain a competitive advantage through their supply chains. You will learn how effective development and management of supply chain networks can help businesses reduce costs and enhance customer value.

The sixth edition of this bestselling book has been thoroughly updated: in addition to additional examples and case studies throughout, there are two new chapters covering:

The Digital Supply Chain
Sourcing and supply management

Understanding the dynamics of supply chains and the logistics activities that drive them is crucial for businesses seeking to succeed in today's competitive marketplace. Logistics and Supply Chain Management provides a comprehensive framework for managing these complex processes, from procurement and inventory management to transportation and distribution.

One of the key benefits of effective supply chain management is cost reduction. By optimizing the flow of goods and materials, businesses can reduce waste, minimize downtime, and improve efficiency. This, in turn, leads to lower production costs, which can be passed on to customers in the form of lower prices or higher margins.

In addition to cost reduction, supply chain management also helps businesses enhance customer value. By providing faster delivery times, better quality products, and more personalized services, businesses can differentiate themselves from their competitors and build stronger customer relationships. This, in turn, leads to increased customer loyalty, repeat business, and positive word-of-mouth recommendations.

Another important aspect of supply chain management is risk management. Businesses face a wide range of risks, from natural disasters to political instability to supply chain disruptions. By identifying and mitigating these risks, businesses can protect their operations, minimize the impact of disruptions, and ensure that they can continue to operate smoothly even in the face of unexpected events.

To achieve effective supply chain management, businesses need to have a clear understanding of their supply chain processes and the stakeholders involved. This includes understanding the needs and expectations of customers, suppliers, and other stakeholders, as well as the potential risks and challenges that may arise.

Logistics and Supply Chain Management provides a comprehensive framework for developing and implementing effective supply chain strategies. This includes tools and techniques for managing inventory, transportation, and distribution, as well as for improving communication and collaboration among stakeholders.

In conclusion, supply chains and the logistics activities that drive them are critical to business success. Logistics and Supply Chain Management offers the most up-to-date practical tools to manage the people and processes that enable businesses to gain and maintain a competitive advantage through their supply chains. By optimizing the flow of goods and materials, reducing costs, enhancing customer value, and managing risk, businesses can achieve sustainable growth and success in today's competitive marketplace.

Weight: 552g
Dimension: 234 x 156 x 23 (mm)
ISBN-13: 9781292416182
Edition number: 6 ed