Managing Global Supply And Risk: Best Practices, Concepts, And Strategies

Due to the profound growth in international trade, the need to pursue global supply and institute risk management practices has never been greater. The globalization of world markets has reconfigured supply networks, causing increasing complexities and challenges in sourcing and risk management. Managing Global Supply and Risk blends three distinct but interrelated topicsinternational purchasing, global supply management, and global risk managementto present the critical differences between companies that pursue international purchasing and those that have evolved toward a more sophisticated global supply management model. This book covers every aspect of global supply management and details what it takes to pursue supply management at the international level. Each chapter is loaded with critical concepts that supply managers must understand and includes company examples, cases, best practices, and strategies that offer prescriptions for success.Global supply management is a process that proactively integrates and coordinates common items and materials, as well as processes, designs, technologies, and suppliers across worldwide purchasing, engineering, and operating locations. It is a process that could very well provide your organization with its next quantum leap in performance. Managing Global Supply and Risk: Best Practices, Concepts, and Strategies is a must read for every c-level executive and supply chain leader that wants to gain or maintain a competitive advantage during difficult economic periods.Key Features ? Covers the essential elements of international purchasing, the many issues that arise with international logistics, sourcing in emerging and low-cost countries, and the essential elements of developing total cost of ownership models ? Addresses international purchasing for smaller companies, buying services internationally, and the importance of cultural differences ? Shows how to make the business case for global supply management, explains how to develop global supply strategies, identifies the factors that are critical to global success, and presents the characteristics of a world-class global supply organization ? Provides a comprehensive overview and thorough explanation of global supply risk, how to prevent and manage it, and how to leverage supply market intelligence ? Presents detailed cases throughout the text that demonstrate how leading companies are gaining a competitive advantage from their global efforts

About The Author:

About the Author

Robert Trent, Ph.D., is the supply chain management program director, associate director of the Manufacturing Systems Engineering program, and George N. Beckwith professor of management at Lehigh University, where he teaches at the undergraduate and graduate levels. He holds a B.S. degree in materials logistics management from Michigan State University, an M.B.A. degree from Wayne State University, and a Ph.D. in operations management from Michigan State University. This well known subject matter expert has authored four highly regarded books within the procurement and supply management field, several research projects published through the Center for Advanced Purchasing Studies (CAPS) and numerous articles published in more than a dozen professional and academic journals and magazines. Dr. Trent is an active member of the Institute for Supply Management, serving for many years as the Professional Development Director of the NAPM of the Lehigh Valley and, at the national level, as a member of the ISM Educational Resources Committee. Llewellyn Roberts is President and founder of L. Roberts & Associates Inc., a firm that has provided a wide range of professional consulting and management development services to many of the largest and most successful companies in the world over the past twenty years. He is an industrial engineer, consultant and published author specializing in the fields of business performance improvement, procurement and strategic sourcing, and logistics and supply chain management. Mr. Roberts is a sought after and frequent speaker at professional conferences and universities worldwide and previously conducted lectures for the Executive Masters in International Logistics program at the Georgia Institute of Technology. He has developed and delivered training to thousands of participants from hundreds of different companies, on a wide variety of topics. Amongst its various services, L. Roberts & Associates currently provides training in warehouse design and layout and warehouse management under license to Supply Chain Planning Limited, Cranfield University (UK).