9780132944182

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 Managementis 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.

Chad W. Autry (Knoxville, TN), Assoc. Prof. of Logistics, Univ. of Tennessee, has published 40+ supply chain research studies. He holds leadership roles with the Council of Supply Chain Management Professionals, is a director at the Warehousing Education and Research Council, and edits two journals.

Thomas J. Goldsby (Columbus, OH) is Prof. of Logistics at Ohio State. He has published 50+ research studies and is Executive Editor of Logistics Quarterly.

John E. Bell (Knoxville,TN), Asst. Prof. of Logistics at Univ. of Tennessee, researches supply chain network design. He was a USAF logistics/maintenance officer for 20 years.

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

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Global Macrotrends and Their Impact on Supply Chain Management Strategies for Gaining Competitive Advantage

Global Macrotrends and Their Impact on Supply Chain Management Strategies for Gaining Competitive Advantage

0132944189

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