Grand Strategy (Paperback)

Paperback. Grand strategy is the business policy used by a nexus firm-the leading concern in a supply chain-whose suppliers and distributors work alongside it to manufacture and distribute its products. This grand strategy helps the nexus marshal other companies into a formation, a supply chain in which the processes of independent firms are managed across their respective boundaries. A vertical grand strategy reworks the transaction cost theory and applies it to the creation of cost-optimal supply chains. The horizontal grand strategy applies microeconomics to construct a competition strategy, which is employed at the end-user markets of a supply chain. In brief, this book pioneers the grand strategy of the supply chain. While it is written for managers who want to improve the competitiveness of their supply chains, it is also of substantial value to scholars since it combines economic theories with management learning to create a "science of business." Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.…