The Challenge of Today’s Business Environment

  • David Frederick Ross


Supply chain management (SCM) is a response to the overwhelming speed of the changes shaping today’s business environment. Change and the acceleration of change on a global basis have become the foremost topics of the late 1990s, and its vernacular dominates today’s management literature. SCM is founded on a philosophy of managing change and the impact of change on the fabric of the topography of business, enterprise, and supply channel cultures and structures, and how information technology is continuously reshaping the contours of tomorrow’s marketplace playing field. In the past, procurement and market distribution were conceived as purely operational functions. One logistics authority in the late 1960s defined the supply channel succinctly as “moving goods at least cost,” and detailed channel objectives as minimizing stock-outs, solidifying relations with customers, increasing delivery discounts, improving market coverage, freeing marketing people to create demand, and reducing inventory levels and freight and warehouse costs [1].


Supply Chain Management Strategic Alliance Customer Order Electronic Data Interchange Global Marketplace 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • David Frederick Ross
    • 1
  1. 1.ChicagoUSA

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