Building Supply Chain Excellence in Emerging Economies - (International Operations Research & Management Science) by Hau L Lee & Chung-Yee Lee

Book Synopsis

The rapidly developing new economies in China, India, Hungary, Vietnam, Costa Rica, Mexico, Brazil, etc., are at the crossroads of almost all major supply chains. In fact, these emerging economies are in fact growing faster than the established industrial economies of the world. This book provides insights on the development, challenges and opportunities of operating supply chains in emerging economies. Innovative approaches are outlined and illustrated with examples of real-world experiences by progressive companies and thought leaders. The book was created by two scholars of international reputation. It provides an equal balance of chapters by researchers working in the field of emerging economies and high-profile practitioners who have developed innovative and successful supply chain solutions for their businesses within the context of emerging economies. The editors and chapter authors are among the most talented and best-known scholars and practitioners in the field of supply chain management.

From the Back Cover

The rapidly developing new economies in China, India, Hungary, Vietnam, Costa Rica, Mexico, Brazil, etc., are at the crossroads of almost all major supply chains. In fact, these emerging economies are in fact growing faster than the established industrial economies of the world. However, given the physical, social and cultural characteristics of the emerging economies, managing supply chains there could be even more challenging than in developed economies. How can we manage supply chains well in emerging economies, coordinate information flows with multiple partners, tackle challenges such as unexpected disruptions, diversify the risks and increase flexibilities, be efficient but at the same time contribute to the social and environmental developments of these economies, and use supply chain concepts and practices to improve the economic welfare of these countries, such as basic infrastructure developments and disaster relief, are the topics and issues of the book.

BUILDING SUPPLY-CHAIN EXCELLENCE IN EMERGING ECONOMIES provides some insights on the answers to the above questions and will enable practitioners to gain insights on the developments, challenges and opportunities when operating supply chains in emerging economies. Innovative approaches are outlined and illustrated with examples of real-world experiences by progressive companies and thought leaders. We also hope that this collection will stimulate researchers to gain deeper understanding and develop methods in operating supply chains in emerging economies.

We have organized the book in three key sections. Global Supply Chain: General Strategies and Framework develops the overall framework in managing global supply chains and developing strategies. Supply Chain Management in Emerging Economies: Challenges and Opportunities describes the challenges and opportunities in supply chain management of emerging economies - the infrastructure constraints, the logistics inefficiencies, and limitations in service operations; and discusses how to create opportunities in such adverse conditions. Building Supply Chain Excellence: Innovations and Success Cases is devoted to a number of industrial cases that showcase innovative approaches to gain excellence, and share insights and lessons from such experiences.

Review Quotes

From the reviews:

"This book contains some of the papers presented at ... conference and other contributions on supply chain issues in other developing economies. ... It should be of great relevance to practicing managers, management professors, and students globally. Hau Lee and Chung-Yee Lee are to be congratulated on bringing out this fine and useful book." (Jamshed A. Modi, Interfaces, Vol. 37 (6), 2007)

"This book is to provide a sense of the high complexity of the management of global supply chains involving emerging economies. ... wide variety of inputs in terms of operational scenarios and managerial solutions, which will surely help practitioners in developing supply chain strategies and solutions and stimulate academics with issues and themes to be further developed. ... From an academic perspective this book provides interesting insights on supply chain approaches and strategies and on specific features of local contexts in emerging markets ... ." (Alessandro Pagano, Journal of Business-to-Business Marketing, Vol. 15 (3), 2008)

About the Author

Chung-Yee Lee is the former Editor of IIE's Scheduling Logistics and has taught the U. of Florida and Texas A&M prior to his appointment as Head of the IE and EM department at Hong Kong University of Science and Technology. Hau Lee previously served as Editor-in-Chief of Management Science. Hau Lee is considered as one of the pre-eminent research scholars in Supply Chain Management.