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Supply chain management is the cornerstone of the competitive strategies of many presentday organizations and has evolved from the operational to the strategic level. Understanding this, Principles of Global Supply Chain Management offers a comprehensive insight into the global supply chain sector—analyzing the strategic, operational and financial aspects of the industry, and addressing the key elements in the management of global supply chains. The key topics of each chapter demonstrate a variety of fundamental issues in the supply chain industry: What are supply chain markets? What is the supply chain cost structure? What are supply chain strategies? How do supply chain firms design and implement strategies? What are the key roles of logistics service providers, logistics education operators and logistics associations? How should supply chain operations be managed? How is a sustainable and innovative supply chain structure created? Comparative practical case studies from Asia, North America and Latin America lend weight to the chapters.
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i Principles of Global Supply Chain Management ii Anthem Studies in Supply Chain Management, Maritime Transport and Logistics explores the roles of maritime logistics, shipping and port connectivity, and supply chain system in promoting the globalised economy in tandem with free trade agreements, sustainability, AI and big data. The series touches upon policy, business implications, and contemporary and focal issues with empirical analysis. Titles in this series examine advanced theories, case studies, managerial implications and insights. Series Editor Paul Tae- Woo Lee— Zhejiang University, China Editorial Board Prem Chhetri— RMIT University, Australia Kevin Cullinane— University of Gothenburg, Sweden Paul Tae- Woo Le— Zhejiang University, China Kevin Li— Zhejiang University and Editor- in- Chief of Maritime Policy & Management, China Qiang Meng— National University of Singapore, Singapore Adolf K. Y. Ng— University of Manitoba, Canada Theo Notteboom— Shanghai Maritime University, China Kamonchanok Suthiwartnaureput— Chulalongkorn University, Thailand Koichiro Tezuka— Nippon University, Japan Grace Wang— Texas A&M University at Galveston, USA Zaili Yang— Liverpool John Moores University, UK iii Principles of Global Supply Chain Management Yui- yip Lau, Adolf K. Y. Ng and Jorge Acevedo Alarid iv Anthem Press An imprint of Wimbledon Publishing Company www.anthempress.com This edition first published in UK and USA 2019 by ANTHEM PRESS 75– 76 Blackfriars Road, London SE1 8HA, UK or PO Box 9779, London SW19 7ZG, UK and 244 Madison Ave #116, New York, NY 10016, USA © Yui- yip Lau, Adolf K. Y. Ng and Jorge Acevedo Alarid 2019 The author asserts the moral right to be identified as the author of this work. All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the above publisher of this book. British Library Cataloguing- in- Publication Data A catalogue record for this book is available from the British Library. ISBN- 13: 978- 1- 78308- 955- 0 (Hbk) ISBN- 10: 1- 78308- 955- 5 (Hbk) This title is also available as an e- book. v CONTENTS List of Figures List of Tables Foreword Preface About the Authors 1. Introduction 1.1 Setting the Scene 1.2 Objectives and Contributions 1.3 Structure of the Book Acknowledgment of Previous Publications References 2 . Managing Outbound Logistics and Distribution 2.1 Supply Chain Management 2.2 Supply Chain Strategy 2.2.1 Background of AAHK 2.2.2 Overview o