Fundamentals of Supply Chain Theory

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9780470521304: Fundamentals of Supply Chain Theory
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An authoritative, quantitative approach to supply chainmanagement

Addressing the need for the study of supply chain management toevolve at the same pace as it's real-world practice,Fundamentals of Supply Chain Theory presents the methodologyand foundations of the topic and also demonstrates how recentdevelopments build upon classic models. The authors focus onstrategic and tactical aspects of supply chain management, coveringa broad range of topics from forecasting, inventory management, andfacility location to process flexibility, contracting, andauctions.

Key mathematical models for optimizing the design, operation,and evaluation of supply chains are presented as well as modelscurrently emerging from the research frontier. Following a thoroughintroduction, the book delves into a discussion of centralizedmodels, including:

  • Forecasting and demandmodeling
  • Deterministic inventory models
  • Stochastic inventory models
  • Multi-Echelon inventory models
  • Processes for dealing withuncertainty in inventory optimization and facility location
  • Facility location models
  • Process flexibility

In addition, the authors present decentralized models thatinvolve multiple parties with independent, conflicting objectives,covering topics such as:

  • The bullwhip effect
  • Supply chain contracts
  • Auctions

Each chapter concludes with a set of problems that challengereaders to understand, interpret, and extend the discussed modelsand algorithms. In addition, extensive appendices provide guidanceon writing proofs and also outline helpful formulas related toprobability theory, calculus, and algebra.

Extensively class-tested to ensure an easy-to-followpresentation, Fundamentals of Supply Chain Theory is asuitable book for business and engineering courses on supply chainmanagement at the graduate level. The book also serves as anauthoritative reference for academics and practitioners working inthe areas of operations research, business, management science, andindustrial engineering.

This book was named the 2011 Joint Publishers Book ofthe Year by the Institute of Industrial Engineers.

You can also follow Fundamentals of SupplyChain Theory on Twitter.

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About the Author:

LAWRENCE V. SNYDER, PhD, is Associate Professor in theDepartment of Industrial and Systems Engineering at LehighUniversity, where he also serves as Co-Director for the Center forValue Chain Research.¿He has written numerous journal articlesin his areas of research interest, which include optimizationmodels for supply chain management with a focus on models for thedesign and operation of robust and reliable supply chains.

ZUO-JUN MAX SHEN, PhD, is Chancellor's Professor in theDepartment of Industrial Engineering and Operations Research at theUniversity of California, Berkeley. Dr. Shen has publishedextensively in the areas of integrated supply chain design andmanagement, practical mechanism design, and appliedoptimization.

Review:

“While geared toward students of supply-chain managementat the graduate level, this book is also an authoritative referencefor academics and pracitioners working in the areas of operationsresearch, business, management science, and industrialengineering.”  (Inbound Logistics, 1 January2013)

"I highly recommend the landmark and mathematics based bookFundamentals of Supply Chain Theory by Lawrence V. Snyder, Ph.D.,and Zuo-Jun Max Shen,Ph.D., to anyone with an interest in a solidmathematical approach to supply chain management. These readersinclude students, graduate students, faculty, researchers, businessleaders, managers, engineers, and practitioners of supply chainmanagement. This book will provide a very strong mathematical basisfor all decision making, through all phases of a supply chain, inany industry." (Blog Business World, 8 January 2011)

 

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Lawrence V. Snyder, Zuo-Jun Max Shen
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Book Description John Wiley and Sons Ltd, United States, 2011. Hardback. Condition: New. Language: English. Brand new Book. An authoritative, quantitative approach to supply chain management Addressing the need for the study of supply chain management to evolve at the same pace as it's real-world practice, Fundamentals of Supply Chain Theory presents the methodology and foundations of the topic and also demonstrates how recent developments build upon classic models. The authors focus on strategic and tactical aspects of supply chain management, covering a broad range of topics from forecasting, inventory management, and facility location to process flexibility, contracting, and auctions. Key mathematical models for optimizing the design, operation, and evaluation of supply chains are presented as well as models currently emerging from the research frontier.Following a thorough introduction, the book delves into a discussion of centralized models, including: * Forecasting and demand modeling * Deterministic inventory models * Stochastic inventory models * Multi-Echelon inventory models * Processes for dealing with uncertainty in inventory optimization and facility location * Facility location models * Process flexibility In addition, the authors present decentralized models that involve multiple parties with independent, conflicting objectives, covering topics such as: * The bullwhip effect * Supply chain contracts * Auctions Each chapter concludes with a set of problems that challenge readers to understand, interpret, and extend the discussed models and algorithms. In addition, extensive appendices provide guidance on writing proofs and also outline helpful formulas related to probability theory, calculus, and algebra. Extensively class-tested to ensure an easy-to-follow presentation, Fundamentals of Supply Chain Theory is a suitable book for business and engineering courses on supply chain management at the graduate level.The book also serves as an authoritative reference for academics and practitioners working in the areas of operations research, business, management science, and industrial engineering. This book was named the 2011 Joint Publishers Book of the Year by the Institute of Industrial Engineers. You can also follow Fundamentals of Supply Chain Theory on Twitter. Seller Inventory # AAH9780470521304

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Book Description John Wiley and Sons Ltd, United States, 2011. Hardback. Condition: New. Language: English. Brand new Book. An authoritative, quantitative approach to supply chain management Addressing the need for the study of supply chain management to evolve at the same pace as it's real-world practice, Fundamentals of Supply Chain Theory presents the methodology and foundations of the topic and also demonstrates how recent developments build upon classic models. The authors focus on strategic and tactical aspects of supply chain management, covering a broad range of topics from forecasting, inventory management, and facility location to process flexibility, contracting, and auctions. Key mathematical models for optimizing the design, operation, and evaluation of supply chains are presented as well as models currently emerging from the research frontier.Following a thorough introduction, the book delves into a discussion of centralized models, including: * Forecasting and demand modeling * Deterministic inventory models * Stochastic inventory models * Multi-Echelon inventory models * Processes for dealing with uncertainty in inventory optimization and facility location * Facility location models * Process flexibility In addition, the authors present decentralized models that involve multiple parties with independent, conflicting objectives, covering topics such as: * The bullwhip effect * Supply chain contracts * Auctions Each chapter concludes with a set of problems that challenge readers to understand, interpret, and extend the discussed models and algorithms. In addition, extensive appendices provide guidance on writing proofs and also outline helpful formulas related to probability theory, calculus, and algebra. Extensively class-tested to ensure an easy-to-follow presentation, Fundamentals of Supply Chain Theory is a suitable book for business and engineering courses on supply chain management at the graduate level.The book also serves as an authoritative reference for academics and practitioners working in the areas of operations research, business, management science, and industrial engineering. This book was named the 2011 Joint Publishers Book of the Year by the Institute of Industrial Engineers. You can also follow Fundamentals of Supply Chain Theory on Twitter. Seller Inventory # AAH9780470521304

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