HAU L. LEE AND SHU MING NG Department of Industrial Engineering and Engineering Management, Stanford University, Stanford, California 94305, USA Department of Information and Systems Management, Hong Kong Universio of Science and Technology, Clear Water Bay, Kowloon, Hong Kong Supply chain managementas a subject of researchhas received more and more attention and interest in the academic community in recent years. Actually, one can argue that different aspects of supply chain management, such as inventory control, forecasting, transportation logistics, distribution, and procurement, have always been topics of research in the production and operations managementcommunity, and our journals have published article after article on these topics. So what is the difference now? In the last five years, we have witnessed tremendous excitement and top management attention on the subject of supply chain management in industry. It seemsthat the distinction between the so-called supply chain managementtoday and traditional operations managementlies in two dimensions of integration and coordination: organizational integration and flow coordination. To start with, a supply chain is a network of entities that starts with the suppliersâ suppliers and ends with the customersâ customers for the production and delivery of goods and services. The first dimension is in the integration
Production and Operations Management – Wiley
Published: Sep 1, 1997
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