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The forward-looking guide to global supply chain management: how to anticipate and overcome tomorrow's huge new risks.
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.
Supply Chain Management in the 21st Century
Download the sample pages (includes Chapter 1 and Index)
Preface xiv
Part I Global Macrotrends Impacting the Supply Chain Environment 1
Chapter 1 Supply Chain Management in the 21st Century 3
A Note on Futurism 7
The Underpinnings of Supply Chain Management 9
What You Will Learn from This Book 15
Managing the Supply Chain to Mitigate Macrotrend Risks 18
Chapter 2 Global Population Growth and Migration 21
Impacts of Population Change on Demand and Supply 25
Population Growth Perspectives 27
Organic Population Growth Issues for Supply Chain Managers 33
Supply Chain Problems Created by Migration-Based Growth 36
The Future Supply Chain Manager’s Population-Oriented Agenda 41
Chapter 3 Global Connectivity and Socioeconomic Leveling 55
Is Globalization Real? 57
Economic Leveling and Connectivity Issues for Future Supply Chain Managers 68
Chapter 4 The Changing Physical Environment 83
The Environment and You, You and the Environment 86
Environmental Pressures on Supply Chains 93
Environmental Challenges for Future Supply Chain Managers 99
Chapter 5 Geopolitical and Social Systems Disruptions 111
Commodity Hoarding and Export Restriction: The China Syndrome 117
Government Risks and Considerations 125
Tangible and Virtual Intentional Disruption 129
Geopolitical Challenges for Future Supply
Chain Managers 132
Part II Macrotrend Implications for Supply Chain Functionality 147
Chapter 6 Implications for Supply Chain Planning:
Demand and Supply Uncertainty 149
How Supply Chain Plans Improve Performance 151
The Supply Chain Planning Function 153
Macrotrend Demand/Supply Impacts: Supply Chain Planning Considerations 157
Chapter 7 Implications for Sourcing/Procurement: Natural Resource Scarcity 165
Understanding Resource Scarcity Today and Tomorrow 166
Natural Resource Attributes and Their Future Implications 170
The Seven Forces Driving Resource Scarcity 174
Scarcity Strategies for the Future Procurement/Supply Manager 180
Sourcing and Procurement Responses to Resource Scarcity Through 2030 182
Chapter 8 Implications for Production: Disrupted Process Flows 185
Manufacturing and the Larger Economy 186
Manufacturing-Driven Supply Chain Strategies 191
Manufacturing Strategies for the Future Production Manager 201
Chapter 9 Implications for Transportation/Logistics: Congestion and Infrastructure Decay 207
Friction of Distance 209
Public-Private Partnerships and Other Solutions 213
Responding to Congestion, Distance Friction, and an Overwhelmed Infrastructure 215
Diffusing Congestion with Advanced Technologies 221
Part III Macrotrend Risk-Mitigation Strategies 225
Chapter 10 Mitigating Supply-Driven Imbalance 227
Employment Approaches 230
Conservation Approaches 235
Resource Scarcity Mitigation Strategies for the Supply Chain 240
Mitigating Supply-Driven Imbalances 244
Chapter 11 Mitigating Demand-Driven Imbalance 247
Demand Shaping in the Transforming World: Macro and Micro Issues 250
The Case for Demand/Supply Integration 254
Implementing DSI to Mitigate Demand-Side Imbalances 258
Applying the Demand-Imbalance Mitigation Strategies 272
Index 275