Supply Chain Management STRATEGY, PLANNING, AND OPERATION
Fi f t h E d i t i o n
Sunil Chopra Kellogg School of Management
Peter Meindl Kepos Capital
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Library of Congress Cataloging-in-Publication Data
Chopra, Sunil, Supply chain management : strategy, planning, and operation / Sunil Chopra, Peter Meindl.—5th ed.
p. cm. ISBN-13: 978-0-13-274395-2 (alk. paper) ISBN-10: 0-13-274395-7 (alk. paper)
1. Marketing channels—Management. 2. Delivery of goods—Management. 3. Physical distribution of goods— Management. 4. Customer services—Management. 5. Industrial procurement. 6. Materials management. I. Meindl, Peter. II. Title. HF5415.13.C533 2013 658.7—dc23
2011037269
10 9 8 7 6 5 4 3 2 1
ISBN 10: 0-13-274395-7 ISBN 13: 978-0-13-274395-2
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Dedication
I would like to thank my colleagues at Kellogg for all that I have learned from them about logistics and supply chain management. I am grateful for the love and encouragement my parents, Krishan and Pushpa, and sisters, Sudha and
Swati, have always provided during every endeavor in my life. I thank my children, Ravi and Rajiv, for the joy they have brought me. Finally, none of this would have been possible without the constant love, caring, and support of my
wife, Maria Cristina.
—Sunil Chopra
I would like to thank three mentors—Sunil Chopra, Hau Lee, and Gerry Lieberman—who have taught me a great deal. Thank you also to my parents and sister for their love, and to my sons, Jamie and Eric, for making me smile and teaching me what life is truly all about. Most important, I thank my wife,
Sarah, who makes life wonderful and whom I love with all of my heart.
—Pete Meindl
ABOUT THE AUTHORS
SUNIL CHOPRA
Sunil Chopra is the IBM Distinguished Professor of Operations Management and Information Systems at the Kellogg School of Management. He has served as the interim dean and senior associate dean for curriculum and teaching, and the codirector of the MMM program, a joint dual-degree program between the Kellogg School of Management and the McCormick School of Engineering at Northwestern University. He has a Ph.D. in operations research from SUNY at Stony Brook. Prior to joining Kellogg, he taught at New York University and spent a year at IBM Research.
Professor Chopra’s research and teaching interests are in supply chain and logistics management, operations management, and the design of telecommunication networks. He has won several teaching awards at the MBA and Executive programs of Kellogg. He has authored more than 40 papers and two books.
He has been a department editor for Management Science and an associate editor for Manufacturing & Service Operations Management, Operations Research, and Decision Sciences Journal. His recent research has focused on understanding supply chain risk and devising effective risk mitigation strategies. He has also consulted for several firms in the area of supply chain and operations management.
PETER MEINDL