Supply Chain Management: The Science of Better, Faster, Cheaper

7 Pages Posted: 20 Apr 2005

See all articles by Thomas F. Siems

Thomas F. Siems

Federal Reserve Bank of Dallas - Research Department

Abstract

The economy's increased stability and stronger productivity growth in recent years have intrigued economists and policymakers. Several competing explanations have been put forth. This article focuses on one of these explanations: improved supply chain management. I discuss important changes and emerging trends in management practices and then present some of the evidence that has led analysts to believe that better supply chain management has contributed to the nation's improved macroeconomic performance.

Keywords: supply chain management, economic growth, productivity, technology, information

JEL Classification: D20, D80, L15, L23, O30

Suggested Citation

Siems, Thomas F., Supply Chain Management: The Science of Better, Faster, Cheaper. Southwest Economy, No. 2, pp. 1, 7-12, March/April 2005. Available at SSRN: https://ssrn.com/abstract=700923

Thomas F. Siems (Contact Author)

Federal Reserve Bank of Dallas - Research Department ( email )

2200 N. Pearl Street
Dallas, TX 75201
United States
214-922-5129 (Phone)
214-922-6076 (Fax)

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