Fundamentals of Supply Chain Theory - Hardcover

Snyder, Lawrence V.; Shen, Zuo-jun Max

Hardcover

ISBN 10: 0470521309 ISBN 13: 9780470521304

Publisher: John Wiley & Sons Inc, 2011

Synopsis

"This book focuses on long-term strategic location decision and tactical inventory planning for researchers and students dealing with supply chain management. It contains three parts: Centralized supply chain management (including strategic planning, inventory models, demand and supply chain uncertainty, and flexibility), Decentralizes supply chain management (including propagation of volatility and supply chain coordination), and the Future of supply chain management (including emerging topics). The book also features appendices on how to write proofs, helpful formulas, and other background material including probability basics, stochastic processes, and Lagrangian relaxation"--

About this title

About the Author

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

ZUO-JUN MAX SHEN, PhD, is Chancellor's Professor in the Department of Industrial Engineering and Operations Research at the University of California, Berkeley. Dr. Shen has published extensively in the areas of integrated supply chain design and management, practical mechanism design, and applied optimization.

From the Back Cover

An authoritative and quantitative approach to supply chain management

Addressing the need for the study of supply chain management to evolve at the same pace as its real-world practice, Fundamentals of Supply Chain Theory presents the methodology and foundations of the topic and also demonstrates how recent developments build upon classical 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, stochastic, and multi-echelon inventory models

• Facility location models

• Models for dealing with uncertainty in inventory optimization and facility location

• 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 models and algorithms discussed. Extensive appendices provide guidance on writing proofs and also outline helpful formulas related to probability theory, calculus, and algebra. A related website features supplemental material, including the data sets from the book.

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.

Addressing the need for the study of supply chain management to evolve at the same pace as its real-world practice, Fundamentals of Supply Chain Theory presents the methodology and foundations of the topic and also demonstrates how recent developments build upon classical 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, stochastic, and multi-echelon inventory models

• Facility location models

• Models for dealing with uncertainty in inventory optimization and facility location

• 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 models and algorithms discussed. Extensive appendices provide guidance on writing proofs and also outline helpful formulas related to probability theory, calculus, and algebra. A related website features supplemental material, including the data sets from the book.

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.

Edition details

• Publisher: John Wiley & Sons Inc
• Publication date: 2011
• Language: English
• ISBN 10: 0470521309
• ISBN 13: 9780470521304
• Binding: Hardcover
• Edition number: 1
• Number of pages: 369