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Full Description
Global supply chain decision-makers and practitioners are about to face brutally tough new challenges. They will be called upon to manage supply and demand in a world marked by demographic and economic shifts that will turn their supply and demand markets upside down. They will have to secure crucial supplies in an era when resources are severely constrained. Now, three pioneering supply chain leaders fully illuminate these game-changing challenges, offering a complete decision framework and practical tools, insights, and guidance for systematically mitigating new risks and building long-term supply chain-based competitive advantage. Global Macro Trends and Their Impact on Supply Chain Management is the first book to focus squarely on emerging societal, technological, geopolitical, and environmental macro trends that will powerfully impact every supply chain. Authors Chad W. Autry, Thomas J. Goldsby, and John E. Bell walk you through assessing the impacts of population growth, migration, urbanization; socioeconomic change, global connectivity, environmental issues, and geopolitics. They review new challenges associated with increased global demand, growing scarcity, transportation congestion, aging infrastructure, and emerging supply-demand imbalances. Next, they provide comprehensive mitigation strategies based on logistics, resource recovery, resource protection, demand and supply shaping, and other techniques. This book will be an indispensable resource for all supply chain, logistics, sourcing, and operations management executives, managers, and professionals; for operations research professionals and graduate students; and for others working in these fields in industry, government, and the military.
Contents
Preface xivPart I Global Macrotrends Impacting the Supply Chain Environment 1Chapter 1 Supply Chain Management in the 21st Century 3A Note on Futurism 7The Underpinnings of Supply Chain Management 9What You Will Learn from This Book 15Managing the Supply Chain to Mitigate Macrotrend Risks 18Chapter 2 Global Population Growth and Migration 21Impacts of Population Change on Demand and Supply 25Population Growth Perspectives 27Organic Population Growth Issues for Supply Chain Managers 33Supply Chain Problems Created by Migration-Based Growth 36The Future Supply Chain Manager's Population-Oriented Agenda 41Chapter 3 Global Connectivity and Socioeconomic Leveling 55Is Globalization Real? 57Economic Leveling and Connectivity Issues for Future Supply Chain Managers 68Chapter 4 The Changing Physical Environment 83The Environment and You, You and the Environment 86Environmental Pressures on Supply Chains 93Environmental Challenges for Future Supply Chain Managers 99Chapter 5 Geopolitical and Social Systems Disruptions 111Commodity Hoarding and Export Restriction: The China Syndrome 117Government Risks and Considerations 125Tangible and Virtual Intentional Disruption 129Geopolitical Challenges for Future SupplyChain Managers 132Part II Macrotrend Implications for Supply Chain Functionality 147Chapter 6 Implications for Supply Chain Planning:Demand and Supply Uncertainty 149How Supply Chain Plans Improve Performance 151The Supply Chain Planning Function 153Macrotrend Demand/Supply Impacts: Supply Chain Planning Considerations 157Chapter 7 Implications for Sourcing/Procurement: Natural Resource Scarcity 165Understanding Resource Scarcity Today and Tomorrow 166Natural Resource Attributes and Their Future Implications 170The Seven Forces Driving Resource Scarcity 174Scarcity Strategies for the Future Procurement/Supply Manager 180Sourcing and Procurement Responses to Resource Scarcity Through 2030 182Chapter 8 Implications for Production: Disrupted Process Flows 185Manufacturing and the Larger Economy 186Manufacturing-Driven Supply Chain Strategies 191Manufacturing Strategies for the Future Production Manager 201Chapter 9 Implications for Transportation/Logistics: Congestion and Infrastructure Decay 207Friction of Distance 209Public-Private Partnerships and Other Solutions 213Responding to Congestion, Distance Friction, and an Overwhelmed Infrastructure 215Diffusing Congestion with Advanced Technologies 221Part III Macrotrend Risk-Mitigation Strategies 225Chapter 10 Mitigating Supply-Driven Imbalance 227Employment Approaches 230Conservation Approaches 235Resource Scarcity Mitigation Strategies for the Supply Chain 240Mitigating Supply-Driven Imbalances 244Chapter 11 Mitigating Demand-Driven Imbalance 247Demand Shaping in the Transforming World: Macro and Micro Issues 250The Case for Demand/Supply Integration 254Implementing DSI to Mitigate Demand-Side Imbalances 258Applying the Demand-Imbalance Mitigation Strategies 272Index 275
