Hierarchical Operations and Supply Chain Planning

The book describes the application of hierarchical planning techniques to all the major functional areas of supply chain planning, including production, distribution, warehousing, transportation, inventory management, forecasting and performance management. In particular, the book provides a comprehensive review and understanding of how hierarchical planning techniques and principles can contribute to the effective and efficient management and planning of supply chain activities. The book begins with a review of some well-known, original hierarchical production planning techniques and implementations dating back several decades. Building on this historical base, it then reviews numerous more current hierarchical planning methods and applications covering a wide array of supply chain activities. Additionally, the book offers a number of new and original hierarchical planning techniques and algorithms covering different components of supply chain planning. These algorithms range f rom simple algebraic calculations to mathematical optimization models. The book also offers an original approach to hierarchical supply chain performance measurement and monitoring techniques. It further offers an original approach for integrating supply chain performance measurements into measurement systems such as the balanced scorecard which evaluate total firm performance. The book is written to cover the interests of a wide variety of audiences ranging from private industry practitioners, to academic researchers, to students of operations, logistics and supply chain management and planning. It features numerous graphical illustrations highlighting both methods and requirements for integrated hierarchical supply chain planning.