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The need for rapid and sustainable development within supply
chains is one of the key imperatives of today's business environment. Rationalizing
the value stream is undoubtedly a primary source of competitive advantage that
is receiving ever more attention as focus moves increasingly from the company
to the supply chain. Priority issues are: how enlightened
managers should begin to understand their business environment; how they should
start thinking strategically about change; and, indeed, how they should undertake
the implementation of an improved supply chain. Value
Stream Management explores the answers to these questions and provides the
concepts and tools to understand and implement the creation of total value in
the supply chain. The value stream concept and your ability
to quantify and map it, bringing lean thinking to all aspects of your supply chain,
is core to delivering exceptional gains in the area of strategic supply.
Professor Peter Hines, is Professor of Supply Chain Management
and Co-Director of the Lean Enterprise Research Centre at Cardiff Business School. Professor
Richard Lamming holds the CIPS Chair of Purchasing and Supply Management at the
School of Management University of Bath, in the UK, where he is Director for Research
in Strategic Purchasing and Supply (CRiSPS). Professor
Daniel T Jones founded the Lean Enterprise Research Centre at Cardiff Business
School, Cardiff University, in 1993. He lectures extensively around the world
and is a consultant for several companies trying innovative approaches in making
the transition to Lean Management. Dr. Paul
Cousins is a lecturer at the University of Bath. He also consults for a range
of other major blue chip firms, including A.T. Kearney. Nick
Rich BSC (Cardiff), MBA (Cardiff) is a Senior Research Associate. He also has
a number of years' experience within international industrial management and consultancy.
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