Conducting "business as usual" is out of step with today's rapid-fire, global economy. Velocity Management in Logistics and Distribution: Lessons from the Military to Secure the Speed of Business alerts commerce to the new reality that it must be more flexible and responsive in managing the unpredictability of its environment, particularly when it comes to the supply chain process. This comprehensive resource explains how to successfully migrate towards velocity management, which espouses replacing traditional reliance on mass quantities of inventory with receiving what is needed when it is needed - providing businesses with the ability to rapidly meet customers' ever-changing requirements.
The velocity management paradigm is based on the highly successful example set by the United States Army, as illustrated by the author, a renowned speaker and retired colonel with more than 26 years of supply chain and leadership experience. He explains how the Army went from being mired in a mammoth, archaic, Cold War logistics infrastructure to achieving a lean, agile, world-class supply chain network.
Chapters detail how this transition can be accomplished in the business arena. They relay aspects essential to achieving a successful supply chain: maintaining security, achieving velocity, and applying military theories, practices, and lessons learned. This invaluable and timely reference concludes with a summary of key themes and their relevant application to modern supply chains.
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Joseph L Walden
Velocity Management in Logistics and Distribution chronicles the important lessons learned from the Army's transition away from a Cold War logistics mentality. This mentality resulted from a "mass theory," which proposed that more days of supply kept in inventory led to a more responsive system. Modern business has proven that supply chains need to be more flexible and must respond quickly to changing needs (more "velocity"). This book explains the security aspects of supply chains, how to achieve velocity in the supply chain, and how to apply military theory, practices, and lessons learned to existing supply chains. The author concludes with a summary of key themes and their applications to modern supply chains.
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