Supply Chain Management and Transport Logistics

‘Supply Chain Management and Transport Logistics provides the reader with a unique blend of quantitative rigor, case analysis, practical examples, and ancient Chinese wisdom from Sun Zi’s The Art of War, to explain modern supply chain practices. Particularly strong chapters are written on inventory theory and forecasting which will be very useful to practitioners as well as to students. Moreover, Liu provides an economics perspective to the analysis of logistics costs that offers the reader useful background information on the determination of optimal lot sizes, production quantities, inventory levels, and other key decision variables. Finally, the latter section of the book has interesting expository chapters on port economics, the shipping industry, air transport economics, logistics information systems, and environmental issues in the supply chain. These standalone chapters help to round out a very interesting and useful supply chain text.’ — Martin Dresner, Professor of Logistics and Transportation, Robert H. Smith School of Business, University of Maryland, USA

‘Logistics and supply chain management is a hot topic for both academicians and practitioners. For this area, many scholars prefer quantitative research while practitioners like stories. This book has combined the philosophies, ideas, models, tools, and procedures and the book provides a holistic view on supply chain management and transport logistics. This book adopts the winning-before-doing methodology from Sun Zi’s "The Art of War" as a guide to supply chain management and logistics practices and to win in the competition. The book will be helpful for companies to leverage different resources in supply chains and logistics networks to gain competitive advantages.’ —Baofeng Huo, Professor at Department of Management, School of Management and Director of Institute of Supply Chain Management, Zhejiang University, China