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The future of supply chains: 3 essential elements to stay in business

How customer centricity, sustainability & human rights along with advanced digitalization shape the new era.

The future of supply chains: 3 essential elements to stay in business
2023-11-17
(Press-News.org) Why should supply chains matter to you? The products on your store shelves, the packages arriving at your doorstep, and even the food on your table all rely on these intricate networks. Imagine a world where these lifelines are disrupted, where shelves sit empty, and essential goods remain out of reach. In Supply Chain 5.0: The Next Generation of Business Success Through Customer Centricity, Sustainability & Human Rights and Digitalization, we unveil the critical factors shaping the future of supply chains and how they impact your everyday life.

This book holds a crucial revelation about the future of our supply chains. It delves deep into the pivotal dimensions of Supply Chain 5.0: Customer-Centricity, Sustainability & Human Rights, and Advanced Automation.

Supply Chain 5.0 uncovers how these elements are transforming the way goods reach our hands and the challenges they pose to traditional practices. Whether you're a supply chain professional striving to adapt or a curious reader seeking insights into the modern business landscape, this book is your indispensable guide.

In the book's exploration, you will find a roadmap to navigate the evolving world of supply chains. We address the complex interplay between customer satisfaction, ethical practices, sustainability, and technological advancements. The content is meticulously designed to be accessible and engaging for both industry insiders and those just beginning to explore the intricate web of supply chains. With real-world examples and actionable insights, this book offers a holistic perspective on the future of supply chains, from the inside workings to the global impacts.

This book's chapters dive deep into the transformative components of global trends and evolving consumer expectations, demonstrating their potential to reshape end-to-end value delivery processes. Through this exploration, the authors present a comprehensive view of the future of supply chain management, emphasizing sustainability, efficiency, and customer satisfaction.

Supply Chain 5.0: The Next Generation of Business Success Through Customer Centricity, Sustainability & Human Rights and Digitalization retails for US$58 / £55 (hardcover) and is also available in electronic formats. To order or know more about the book, visit http://www.worldscientific.com/worldscibooks/10.1142/13480.

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About the Authors

Prateek Jain is a highly experienced consultant with over 25 years in the business world. He has a strong track record of success at companies such as GSK and Unilever, where he served as a brand builder, supply chain expert, and contract manufacturer. As one of the few Master Trainers for Lean Six Sigma at GSK, Prateek has delivered numerous business improvement projects and coached and certified numerous Master Black Belts and Black Belts in Lean Sigma

In addition to his corporate experience, Prateek has also made significant contributions to the business community through his leadership roles. He served as the Chairman of the European Chamber of Commerce in Singapore for ASEAN in 2019, working to expand trade and commerce between European businesses and governmental organizations in Singapore. Prateek's inspirational speeches at various conferences and events have inspired professionals to adopt modern business practices. Some of these speeches were been given at institutions such as the Singapore Council for Safety and Health, the Singapore Badminton Association, and the National University of Singapore.

Prateek's expertise in brand creation and supply chain management has helped him achieve impressive results in his roles. As Commercial Head, he was responsible for expanding the reach of the Nutrition and H&W Business into 3X footprint in additional countries (12 to 34), launching 10+ consumer-centric innovations, and doubled the P&L in three years. His brand building and expansion strategies also enabled the company to gain market share in major markets for five straight quarters, solidifying the brand's position in the market.

Prateek has also made significant contributions to supply chain management, co-designing the Core Commercial Cycle which serves as the foundation for management reviews at multiple companies via S&OP, and developing methods such as "Flexible Repeat Schedules" to optimize production operations and reduce costs.

Prateek is experienced in guiding any company looking to improve its operations and reach next stage of growth. He brings a wealth of experience and knowledge in commercial and supply chain nuances and has a strong background in the pharmaceutical and FMCG industries.

Mabel C Chou is Associate Professor at the Department of Analytics and Operations at National University of Singapore (NUS) Business School and the Institute of Operations Research and Analytics (IORA) at NUS. She received her BSc degree in Mathematics from National Taiwan University, and MSc degree in Mathematics and PhD degree in Industrial Engineering and Management Sciences from Northwestern University, USA. She was awarded Department Outstanding Educator Award (NUS) in 2006, and Faculty Outstanding Educator Award (NUS) in 2012.

Professor Chou's research focuses on production scheduling and supply chain analysis. She has published papers in top journals such as Operations Research, Management Science, Production and Operations Management, Math Programming, IEEE Transactions on Automatic Control, IEEE Transactions on Automation Science and Engineering, European Journal of Operational Research, Flexible Services and Manufacturing Journal, etc. Her current research interest is in the application of optimization tools and business analytics for engineering, service, and supply chain management problems. She was Area Editor for Computers and Operations Research, Associate Editor for Flexible Services and Manufacturing Journal, and the Committee Chair for the Pritsker Doctoral Dissertation Award of the Institute of Industrial Engineers. She currently serves as Associate Editor for Operations Research, Senior Editor for Production and Operations Management, and Associate Editor for Pacific Journal of Optimization.

Professor Chou has also consulted for companies such as GSK, Caterpillar, P&G, SIA Engineering Company, National University Hospital, Tan Tock Seng Hospital, Lenovo, Supreme Components International, Ocean Network Express (ONE), Unilever, SATS, etc., and conducted courses for 3M, the Logistics Institute — Asia Pacific, and the Singapore Institute of Manufacturing Technology.

About World Scientific Publishing Co.

World Scientific Publishing is a leading international independent publisher of books and journals for the scholarly, research and professional communities. World Scientific collaborates with prestigious organisations like the Nobel Foundation and US National Academies Press to bring high quality academic and professional content to researchers and academics worldwide. The company publishes about 600 books and over 170 journals in various fields annually. To find out more about World Scientific, please visit www.worldscientific.com.

For more information, contact WSPC Communications at communications@wspc.com.

END

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[Press-News.org] The future of supply chains: 3 essential elements to stay in business
How customer centricity, sustainability & human rights along with advanced digitalization shape the new era.