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Books > Business & Economics > Business & management > Management of specific areas > Research & development management

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Quick Response - Managing the Supply Chain to Meet Consumer Demand (Hardcover) Loot Price: R1,394
Discovery Miles 13 940
You Save: R1,178 (46%)
Quick Response - Managing the Supply Chain to Meet Consumer Demand (Hardcover): Bob Lowson, Russell King, Alan Hunter

Quick Response - Managing the Supply Chain to Meet Consumer Demand (Hardcover)

Bob Lowson, Russell King, Alan Hunter

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List price R2,572 Loot Price R1,394 Discovery Miles 13 940 | Repayment Terms: R127 pm x 12* You Save R1,178 (46%)

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Quick Response' is a system of coping with peaks in demand that transforms consumer data into useable information for responsive manufacturers and suppliers. As well as providing details of this model, the authors examine problems of product diversity, planning new products and dealing with the reduced shelf life of existing products, and suggest ways to satisfy customers while improving supply chain performance. Quick Response is situated within a framework of business thinking, and its benefits quantified using examples, simulations and lessons from key companies. (Kirkus UK)
The gap between demand for consumer goods and their efficient supply is greater now than at any other time, and is widening as consumers’ wants become less predictable, and suppliers struggle to meet them. Quick Response (QR) is both a management paradigm and a methodology that allows supply systems to react quickly to changes while improving their performance. QR aims to help organize a business in the face of problems associated with the vast array of goods and services now to be found in consumer markets. It is particularly relevant to the Fast Moving Consumer Goods (FMCG) and Fashion industries. QR works by compressing the time between product or service design concept and appearance on the retail shelf. It then takes advantage of such recent technologies as Point of Sale (PoS) tracking and Electronic Data Interchange (EDI) to constantly up-date estimates of true consumer demand, and then places intelligent re-orders for goods with flexible manufacturers and their suppliers. One of the features of this book is the demonstration that the range of industries able to benefit from the application of QR methodologies is extremely wide. However, this apparent universality comes with a strong ‘health warning’. By placing QR in a broad framework of management thinking, the book allows comparison with other paradigms and their off-shoots — partnerships and alliances, measurement and benchmarking, Information Systems Technology strategies, Total Quality Management, and change management. Belief systems such as World Class Manufacturing, Lean Production, Agile Manufacturing, Virtual Organization, Time-Based Competition, Supply Chain Management (SCM) and chaos theory, are also reviewed and contrasted. The book then quantifies the performance benefits that accrue from the application of QR using examples from the US and European industries as well as computer simulation. Lessons are also drawn from a wide variety of SMEs (Small and Medium sized Enterprises) who are using QR as a strategic tool, as well as those who have not yet adopted it. For the latter, there are recommendations for implementing QR. The future management and research directions required for full exploitation of QR are also explored in a separate section. The most important aspect of this book is that it concentrates on the practical, hands-on management of a supply pipeline as opposed to the generalized theories of Supply Chain Management.

General

Imprint: John Wiley & Sons
Country of origin: United States
Release date: June 1999
First published: August 1999
Authors: Bob Lowson • Russell King • Alan Hunter
Dimensions: 236 x 156 x 25mm (L x W x T)
Format: Hardcover
Pages: 304
ISBN-13: 978-0-471-98833-5
Categories: Books > Business & Economics > Business & management > Management of specific areas > Production & quality control management
Books > Business & Economics > Business & management > Management of specific areas > Distribution & warehousing management
Books > Business & Economics > Business & management > Management of specific areas > Research & development management
Books > Business & Economics > Business & management > Sales & marketing > General
LSN: 0-471-98833-2
Barcode: 9780471988335

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