Managing Global Supply and Risk: Best Practices, Concepts, and Strategies Review

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Managing Global Supply and Risk: Best Practices, Concepts, and Strategies ReviewI'm a trainer on global supply management. I'm also the author of a 1996 book on the topic that stayed in print for about 7 years. Before that I was a practitioner, founding a chain of IPOs back in the 1980s.
When I read this book, I marked plus signs and minus signs in the margins for sections I especially liked and those I thought could be improved. At the end, there were a lot more plus signs than minus signs.
I can't help comparing this book to mine. Mine was aimed at the mid level people who are actually buying internationally. This one seems aimed at upper management of companies that are trying to decide whether to buy internationally or not. As such, the authors list potential problems in great detail but spend less time in showing how to solve them.
To me, the best and most thought-provoking part of the book are the last five chapters. They are collectively called "Pursuing Global Supply Excellence." The authors do an excellent job of raising strategic questions and proposing solutions. I wish I had read it before I went overseas!
The minus signs were in two areas. One was the lack of detail in solving the problems they identified. However, that's really not the goal of the book.
The second area essentially comes down overstating logistic problems. They seem to assume that goods will travel by ocean and transit times will be long. However, if air freight is economically feasible, no major airport is more than a day further away than New York is from San Francisco.
Others called this book a "must read." That's true if your company is trying to decide whether to source internationally. However, don't assume that reading the book will enable employees to solve the problems the authors mention. On that basis I'd call the book necessary but not sufficient for success.Managing Global Supply and Risk: Best Practices, Concepts, and Strategies Overview

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