Orchestrating Supply Chain Opportunities: Achieving Stretch Goals Efficiently

Ananth Iyer, Alex Zelikovsky

ISBN 10: 1606492233 / ISBN 13: 9781606492239

Published by Business Expert Press, US, 2011

Efficient planning and superior execution against clear objectives is the way companies operate best. For many companies, the planning process is carefully orchestrated, objectives are set, budgets are negotiated, resources are allocated, and then it's up to the organization to execute. But what happens when the unexpected occurs? Say, an event occurs that throws the status quo into turmoil. What if your business declines by 40% in 1 month, what do you do? Conversely, what if your demand spikes by 50% in just a few months, what then? Suppose a natural disaster happens, or a new technology creates a significant, but unplanned opportunity? The authors call these events 'stretch opportunities'. This book focuses on strategic thinking and tactical examples of how best to prepare for such events. The authors outline common themes across all such challenges, and introduce three key management concepts: Flexibility, Agility and Real Options. This book also includes a specific chapter on how to structure supply chains to capitalize on stretch opportunities and the authors provide specific tactical frameworks to build in agility, flexibility and real options into a supply chain. In conclusion, you'll find a checklist that to ensure that the right questions are asked in developing supply chains so that the ability to "surge" at profitable opportunities is nourished. Seller Inventory # LU-9781606492239

Synopsis:

This book provides a fl exibility, agility, real options (FAR) framework to orchestrate supply chain opportunities. Using best- practice cases across the industry spectrum, from nonprofi ts to retail, from demand surges to regulatory impacts and natural disasters, orchestrating supply chain opportunities requires deliberate management choices. This book provides a primer for success.

About the Author: Ananth Iyer, Susan Bulkeley Butler Chair in Operations Management and the director of the Dauch Center for the Management of Manufacturing Enterprises (DCMME) and the Global Supply Chain Management Initiative (GSCMI).

Bibliographic Details

Title: Orchestrating Supply Chain Opportunities: ...
Publisher: Business Expert Press, US
Publication Date: 2011
Binding: Paperback
Condition: New