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Essentials of Supply Chain Management
The well-structured, easy-to-read book “Essentials of Supply Chain Management” written by Michael Hugos is a perfect introduction into supply chain management. It clearly tells about the most important concepts of supply chain management.
In this book the writer underlines operational and tactical aspects of supply chain management and underlines key points. The author starts from the explanation of the purposes of supply chain management, the forces that rule a supply chain, the variables that the supply chain manager constantly need to juggle with and optimize keeping in mind the market segment that they are serving.
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Michael Hugos’s book “Essentials of Supply Chain Management” covers the basics of supply chain: planning and sourcing, making and delivering, coordination and technology and supply chain metrics. Each chapter takes up the fundamental concepts involved and explains them in a simple and understandable way (Hugos, 2002).
Also he discusses the business operations that constitute a supply chain and the technology choices that are available in today’s world to solve these problems. The real-life concerns of performance targets, budgets are also discussed. In the end of every chapter one can find a summary. Each chapter contains a list of the learning and performance purposes of preceding the actual content, which is presented in a logical and interesting way. There are many relevant and useful figures, diagrams and techniques, real life examples and executive insights that demonstrate how these principles are being used by various companies in different industry segments.
Michael Hugos helps the reader to analyze the type of markets that their company targets, and how to determine and plan for a supply chain to successfully serve them (Hugos, 2002). In a very interesting example, Hugos uses the story of Alexander the Great to illustrate how a good supply chain functions.
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Supply chain management has become a powerful strategy driving strategic unions and involving world wide logistics. This book investigates the fundamentals which give the platform on which strategy can be useful (Hugos, 2002). It succeeds greatly within its purposes and gives a very detailed overview of the practice of supply chain management , examining and underlying the importance of the impact of supply chain capabilities on supply chain performance.Term papers
The author stresses that the sales size depend on the research of the effect of supply chain capabilities on supply chain performance.
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