The book, written for professionals and researchers interested in the science and practice of supply chain management, presents a survey of the modern theory and application of logistics management. This includes classical topics such as inventory theory, supply chain design and planning, vehicle routing, and advanced planning systems, as well as new topics such as risk management, procurement, supply contracts, and the integration of inventory and pricing strategies. This new edition is the only book that combines theory, algorithms and best practice in logistics and supply chain management.