Essentials of Logistics and Management: 3rd Edition (Hardback) book cover

Essentials of Logistics and Management

3rd Edition

Edited by Corynne Jaffeux, Philippe Wieser

EPFL Press

550 pages

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Hardback: 9781466573086
pub: 2012-12-11
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Description

The logistician plays a critical role in the growth of his or her company – in this third edition of Essentials of Logistics, the conceptual framework in which all the stakes and themes of logistics is systematically analyzed, with a strong focus on the role of the supply chain.

Indeed, many elements are critical to the successful logistical strategy: customer relation management, interactive information support, production optimization and process development, vision, strategy and operations management, and human resources and resource allocation. Growing out of a successful course given by the International Institute for the Management of Logistics (IML) of the Swiss Federal Institute of Technology (EPFL), in Lausanne, and by the Ecole des Ponts-ParisTech (ENPC), the purpose of this book is to present a methodology allowing the reader to understand and act based on the critical factors embedded in the design of strategy. Concepts are thus combined with practical examples. Transversal vision and detailed case studies highlight the main themes of modern logistics and daily preoccupations of logisticians. The book is addressed to all professionals of logistics: managers, planners and engineers; as well as to graduate students specializing in the field.

Table of Contents

Introduction

What is "The Essentials of Logistics and Management"?

New stakes, new challenges for logistics

Logistics: a holistic approach

Global Supply Chain Management

Organization and competition in a globalized economy

Global Supply Chain Management

Bibliography

The author

The Structure and the Operations of Logistics Systems

Introduction

Forms and strategies of design

Discovery of stochastic lags and oversized inventories

Designing the logistics project’s life cycle

Measuring the risk

Simulating the risk profile of the logistics project

Designing with multicriteria decision-making tools

Bibliography

The author

Designing the Supply Chain.

Supply chain management

Managing variety

The supply chain in the digital era

Supply chain management and strategy

Turbulent times

The authors

Statistical Forecasting and Demand Analysis

Introduction

Model application

Characteristics of a chronological series and forecasting basics

Examples of forecasting models

Forecasting model: application

Models and forecast results

Quality of a forecast

Interpretation of forecast results

Forecasting approach, application

Conclusion

Glossary

Bibliography

The author

Leading in Service Innovation:Three Perspectives on Customer Service Value Delivery

Understanding the growing importance of innovation in services

Deploying innovation and reinventing service businesses

Developing cross-functional coordination in service innovation

Harnessing technology as an enabling option for strategic value delivery

The author

Purchasing and Logistics: Perimeter Overlaps in a Context of Global Sourcing

When survival is the issue, you need to be better than your competitor

Purchasing as the decisive factor of a company’s competitiveness

The sense of "global" sourcing

Successful purchasing is a triangular game

(De)centralization of purchasing

Long-term partnering with Suppliers (SRM), or iterative re-exposure to competition?

Supplier and product development

Cost/price/value/stakes: four approaches to weigh the impact of a given purchase on business profitability

Ethics and purchasing

Buying is a fantastic game

The author

Production Systems

The Just in Time approach, of misleading simplicity

Computerized approach to production management: MRP (Manufacturing Resources Planning)

Interdependence of methods and representations

Bibliography

The author

The Management of Distribution and Operational Logistics

The different levels of logistics maturity

Warehouse conception

Operational warehouse management

Stock management

Transport

E-business

The author

Transport Management as a Key Logistics Issue

IntroductionProduction, logistics and transport

Logistical management of transport

Conclusions

First Focus: Rail freight transport in Europe

Second Focus: Intermodal transportation: a major challenge for seaports

Third Focus: Urban freight transport

References

The authors

Logistics of International Trade

Introduction

Key logistics options

Major aspects of an international trade transaction

The international movement of goods

Border-crossing issues

Recommended reading and websites

The authors

Information Systems

Introduction

Information Systems (IS) vs Information Technology (IT)Information Systems

Conclusion & Perspectives

Glossary

References/Useful Links (as of March 2007

The author

Supply Chain Connective Technologies

Introduction: What does supply chain connectives technologies mean

General overview and major trends in connective technologies

e-Supply chain: from physical to virtual chains

e-Supply chain: M2A versus A2A

The costs and benefits of e-supply chain implementation: fast moving consumer goods (FMCG) and other examples in Italy

Examples of e-supply chain implementation and cooperation

Tracking systems: RFId

RFId impact on MIS: centralized versus distributed

RFId on the product: the supply chain

RFId on people

Wireless sensor networks: more than RFId

Localization: several technologies for performance

Conclusions

Bibliography

The authors

Operations Research in Logistics

What is operations research

Vehicle routing problems

The traveling salesman problem

Solution methods for the TSP

Solution methods for the vehicle-routing problem

Real-life constraints

Arc-routing problems

Conclusion

References

The author

Modeling and Simulation in Logistics

Introduction

Discrete-event simulation

Mathematical toolbox

Applications

Bibliography

The authors

The Lean Supply Chain

Introduction

The roots of lean in the Buddhist Philosophy

Growing product variety: the Toyota response

New product development is the first strategic issue

Time is critical for everything

Concurrent engineering and Obeya Room: two lean tools of lean new product development

Target costing and lean new product development

The tools of lean production

Management Information Systems and Lean

Culture and lean implementation

Conclusions

Bibliography

The author

Marketing and Innovation Management

Introduction

Marketing evolution: widening scope and customer focus

Understanding market dynamics

Market dynamics in action: New products, new services, changes in customers’ perceptions (supply-chain contribution)

The two major dimensions of marketing: industrial products and consumer goods

System selling

Conclusion: new frontiers in marketing

References

The author

Financial Accounting

Introduction

The balance sheet : current assets

The Balance Sheet : Liabilities and shareholder’s equity

The Income Statement

The Statement of Cash Flows

Working Capital

Financial Ratios

Analyzing the Income-Statement ratios

Balance sheet standards by Industry

Additional Disclosures and Audit Reports

Conclusion

Glossary

Bibliography

The authors

Processing & Controlling

Logistics business processes

Business Process Management

Controlling

Activity Based Costing

The author

Financial elements

Introduction

Principles in corporate finance

The value of money

Project appraisal

Financial choice

Project consequences in accountability

Securitization and structured financing

Conclusion

References

The author

Understanding Global Strategic Dynamics

Introduction

Some fundamental concepts of strategic analysis

A strategy process

Winning beyond classical strategic perspectives

Conclusion

Bibliography

Acknowledgements

The authors

Managing Human Resources

Introduction

The context of a project

The project stakeholders

Major problems

Team motivation

Conflicts in projects

The factors of project success

Check-list: do’s and don’ts

Bibliography

The authors

About the Editors

Corynne Jaffeux has thesis in currency risks (1985) and management sciences (1990). She has lectured at Paris I Panthéon-Sorbonne and became professor at Orléans University in 1991. Since 1999 she has been professor at the Montesquieu Bordeaux University, where her research areas include financial markets, corporate finance and securities.

Philippe Wieser studied mechanical engineering at the EPFL, where he received his undergraduate (1977) and Ph.D (1981) degrees. After a few years working in an engineering consulting company, he joined the EPFL as lecturer. His fields of research and teaching deal with logistics and information systems, integrated logistics, supply chain optimization and health logistics. Since May 2000, Professor Wieser is the executive director of the International Institute for the Management of Logistics, involving the EPFL (Lausanne) and ENPC (Paris).

Subject Categories

BISAC Subject Codes/Headings:
BUS053000
BUSINESS & ECONOMICS / Quality Control
BUS076000
BUSINESS & ECONOMICS / Purchasing & Buying