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Author: Kai Hoberg
Publisher:
ISBN: 9783832511418
Category : Business logistics
Languages : en
Pages : 0
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Book Description
Research on supply chain management has received much attention in recent years. A supply chain is the network of all parties involved in fulfilling a customer request, that is, from the acquisition of raw materials, over the production of finished goods to their distribution to the customers. Supply chains are governed by inventory policies, which are key drivers of supply chain performance. In this book, Kai Hoberg applies linear control theory to study various inventory policies and to analyze the supply chain performance. Linear control theory originates in the engineering field anduses transfer functions to model the system in question. However, using the appropriate assumptions, it can be applied to model supply chains. In this research, the effect of the inventory policy on the fundamental performance of the supply chain is analyzed. The fundamental performance relates to the key performance drivers in the supply chain: variability and responsiveness. High variability causes companies to hold excess capacity, use overtime production, and motivates high safety stocks. Poor responsiveness hinders a supply chain to track customer demand and it will suffer from lost sales, unsatisfied customers, and increased competition. In this research, various properties of the different inventory policies are demonstrated. While the book is mathematically rigorous, the author focuses on important managerial insights gained from the analysis. He particular emphasizes the necessity of trade-offs and shows how to move the trade-offcurves by applying a particular inventory policy.
Author: Kai Hoberg
Publisher:
ISBN: 9783832511418
Category : Business logistics
Languages : en
Pages : 0
Get Book Here
Book Description
Research on supply chain management has received much attention in recent years. A supply chain is the network of all parties involved in fulfilling a customer request, that is, from the acquisition of raw materials, over the production of finished goods to their distribution to the customers. Supply chains are governed by inventory policies, which are key drivers of supply chain performance. In this book, Kai Hoberg applies linear control theory to study various inventory policies and to analyze the supply chain performance. Linear control theory originates in the engineering field anduses transfer functions to model the system in question. However, using the appropriate assumptions, it can be applied to model supply chains. In this research, the effect of the inventory policy on the fundamental performance of the supply chain is analyzed. The fundamental performance relates to the key performance drivers in the supply chain: variability and responsiveness. High variability causes companies to hold excess capacity, use overtime production, and motivates high safety stocks. Poor responsiveness hinders a supply chain to track customer demand and it will suffer from lost sales, unsatisfied customers, and increased competition. In this research, various properties of the different inventory policies are demonstrated. While the book is mathematically rigorous, the author focuses on important managerial insights gained from the analysis. He particular emphasizes the necessity of trade-offs and shows how to move the trade-offcurves by applying a particular inventory policy.
Author:
Publisher: Bookboon
ISBN: 8776817989
Category :
Languages : en
Pages : 112
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Book Description
Author: William R. Killingsworth
Publisher: Business Expert Press
ISBN: 1606492527
Category : Business & Economics
Languages : en
Pages : 261
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Book Description
Intended for an audience of graduate students, executive MBA students, and mid-to upper level government and corporate managers, Design, Analysis and Optimization of Supply Chains: A System Dynamic Approach examines the complexity of the types of organizations that comprise a modern supply chain, the problems that arise as a result of this complexity, and the solutions and analytical approaches available to managers that can help resolve these real world problems and dilemmas. The modern enterprise, be it a large corporation or a government agency, has two key dimensions of complexity: static and dynamic. The static complexity refers to the remarkable number of companies and agencies that enable delivery of the product or service. A static "snapshot" of this end-to-end enterprise would reveal hundreds if not thousands of companies involved in the supply network and many additional firms involved in the distribution and delivery to customers. Planning, communication, coordination and execution of this large system network is fundamentally challenging just because of the sheer size. This large, extended network represents the static complexity. The dynamic complexity arises from the difficulty of managing the performance of this extended enterprise over time. This requires having the appropriate metrics to track performance over time, the management skills to develop strategies, the ability to collect and monitor the correct data for true visibility, and the recognition and understanding of the long lags between actions and results. Design, Analysis and Optimization of Supply Chains: A System Dynamic Approach incorporates real-world examples and cases, representing actual complex enterprise systems including firms involved and with long lead times, to illustrate the multi-faceted activities occurring within a modern supply chain and the challenges they pose to managers. Simulation and optimization techniques are introduced and used to develop strategies for improved performance.
Author: Thorsten Blecker
Publisher: Erich Schmidt Verlag GmbH & Co KG
ISBN: 9783503097371
Category : Business logistics
Languages : en
Pages : 364
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Book Description
Supply chains are faced with a rising complexity with manifold effects. Because of the strong link between a supply chain's complexity and its efficiency, supply chain complexity management becomes a major challenge of today's business management. Therefore logistics and the supply chain management can play a significant role in mastering and managing complexity. The new book, edited by Thorsten Blecker and Wolfgang Kersten, is exemplifying the current progress in complexity management. Separate chapters are dedicated to clarify complexity management in transportation, networks and supply chains. It offers important insights of global and flexible network modelling to manage complexity, complexity in supply chains - developing human resource strategy, performance measurement of green supply chain management, complexity in transportation by means of containers and air-cargos. The volume, written by well-known experts of supply chain management from all over the world, shows applicable solutions, practical examples and use cases to illustrate complexity management and its application in logistics and supply chain management. It presents the central perspectives for a modern complexity management in supply chains. Therefore the book offers a fundamental understanding for workable complexity management concept their implementation to practitioners. The book offers fundamental insights into actual problems of an general complexity management concept and their implementation to practitioners in industry, logistics, management, service sector, research and apprenticeship. In addition to this it gives a valuable insight to the status of complexity management also for lecturers and students.
Author: Carina Berg
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
In today's business processes it has been stated, that a successful supply chain (SC) is a key factor to increase the company's productivity and profitability and consequently leads to a competitive advantage. This leads to the conclusion that supply chain performance (SCP) needs to be measured to achieve success. The importance of performance measurement for the success of companies has also been emphasized by Santos (2002, p. 1246). Performance measurement is necessary for implementing and realizing strategic goals and further informs the decision makers at the operational, tactical and strategic level (Guanasekaran and Kobu, 2007). In order to maintain the competitive advantage, SCs need to be monitored and underly continuous improvements. Because of these reasons performance measurement and metrics are needed to support the SCP improvement. Through the increasing importance of SCP improvement, different metrics have been examined and developed in the scientific research. As a consequence, a great amount of different kind of metrics have been evolved, including insufficient metrics and a lack of appropriate metrics. Bagchi (1996) identifies 28 metrics, which are categorized in time, quality, cost and diagnostic measures. Gunasekaran et al. (2001) focuses on 18 metrics and links them to the SC activities: plan, source, make/assemble and (customer) delivery. Gunasekaran et al. (2005) suggests 28 performance metrics in new enterprises. Griffis et al. (2004, p. 98) summarize ten metrics, that have been identified as the “most commonly recommended logistics performance measures”. Beamon (1999, p. 281-284) provides exemplary metrics and links them to resources, output and flexibility. Hausman (2002, p. 67-69) classifies the metrics in service, inventory and speed. Furthermore, Gopal and Thakkar (2012, p. 521-522) provide a list, that shows how SCP can be measured in diverse ways. The provided insight into the different metrics shows its broad extent and the differences in its approaches, which makes it difficult to get an overview and a clear fundamental classification. Hence, the research objective of the presented paper deals with the identification of the different categories or core aspects used in the literature. In order to extent the research the second research objective deals with the examination whether the identified literature of the SCP categories show a relation to the terms global supply chain management (SCM), SC complexity and SC risk.
Author: Lawrence V. Snyder
Publisher: John Wiley & Sons
ISBN: 1119024846
Category : Business & Economics
Languages : en
Pages : 784
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Book Description
Comprehensively teaches the fundamentals of supply chain theory This book presents the methodology and foundations of supply chain management and also demonstrates how recent developments build upon classic models. The authors focus on strategic, tactical, and operational aspects of supply chain management and cover a broad range of topics from forecasting, inventory management, and facility location to transportation, process flexibility, and auctions. Key mathematical models for optimizing the design, operation, and evaluation of supply chains are presented as well as models currently emerging from the research frontier. Fundamentals of Supply Chain Theory, Second Edition contains new chapters on transportation (traveling salesman and vehicle routing problems), integrated supply chain models, and applications of supply chain theory. New sections have also been added throughout, on topics including machine learning models for forecasting, conic optimization for facility location, a multi-supplier model for supply uncertainty, and a game-theoretic analysis of auctions. The second edition also contains case studies for each chapter that illustrate the real-world implementation of the models presented. This edition also contains nearly 200 new homework problems, over 60 new worked examples, and over 140 new illustrative figures. Plentiful teaching supplements are available, including an Instructor’s Manual and PowerPoint slides, as well as MATLAB programming assignments that require students to code algorithms in an effort to provide a deeper understanding of the material. Ideal as a textbook for upper-undergraduate and graduate-level courses in supply chain management in engineering and business schools, Fundamentals of Supply Chain Theory, Second Edition will also appeal to anyone interested in quantitative approaches for studying supply chains.
Author: Balkan Cetinkaya
Publisher: Springer Science & Business Media
ISBN: 3642120237
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
This book focuses on the need to develop sustainable supply chains - economically, environmentally and socially. This book is not about a wish list of impractical choices, but the reality of decisions faced by all those involved in supply chain management today. Our definition of sustainable supply chains is not restricted to so-called "green" supply chains, but recognises that in order to be truly sustainable, supply chains must operate within a realistic financial structure, as well as contribute value to our society. Supply chains are not sustainable unless they are realistically funded and valued. Thus, a real definition of sustainable supply chain management must take account of all relevant economic, social and environmental issues. This book contains examples from a wide range of real-life case studies, and synthesizes the learnings from these many different situations to provide the fundamental building blocks at the centre of successful logistics and supply chain management.
Author: Marc J. Schniederjans
Publisher: FT Press
ISBN: 0132963906
Category : Business & Economics
Languages : en
Pages : 660
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Book Description
Optimize supply chains throughout their entire lifecycle: creation, growth, maturity, and decline! Reflecting up-to-the-minute "in-the-trenches" experience and pioneering research, this book illuminates the complex transformational processes associated with managing complex supply chains that incorporate multiple products and services within ever-changing networks. Marc J. Schniederjans and Stephen B. Legrand walk you through: starting, creating, and building new supply chains; then, realigning those supply chains for growth, adjusting to dynamic change, readjusting networks, building flexibility, and managing new supply chain risks. Next, they offer practical, realistic guidance for realigning "mature" supply chains, innovating, controlling costs; and smoothly managing declining demand. Throughout, they offer invaluable insights and tools for negotiating, measuring performance, anticipating change, improving agility and flexibility, meeting commitments to social responsibility and the law; and much more. Based on the authors' up-to-the minute supply chain experience and pioneering academic research, Reinventing the Supply Chain Life Cycle contains many real-world examples and interviews with executives from some of the world’s top organizations. It integrates content related to key certifications and offers valuable material that can be incorporated directly into existing supply chain practices, procedures, and policies.
Author: Farhad Hosseinzadeh Lotfi
Publisher: Springer Nature
ISBN: 3031282477
Category : Computers
Languages : en
Pages : 453
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Book Description
The authors of this book tried to make these experiences available to those interested, considering the experience of several years of training, research, and implementation of projects in the supply chain performance evaluation field. This book intends to identify the current performance and competitive position of that supply chain compared to other supply chains by presenting and reviewing the techniques and models for measuring the efficiency and performance of the supply chain. Determining the performance of a supply chain is a good description of the status quo (what is). Determining the performance of a supply chain is useful for describing the past and present of supply chain processes, and on the other hand, it can be used to set performance goals and initiate the improvement process. To realize this, a strategic framework or model is needed to be able to extract indicators related to the efficiency of the supply chain and design the appropriate model.
Author: Valérie Botta-Genoulaz
Publisher: John Wiley & Sons
ISBN: 1118616804
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
This book examines the opportunities for, and the effects and benefits of, collaborative working practices and their impact on supply chain performance. The book is organized into three main parts; first part focuses on modeling the supply chain using conceptual frameworks to describe the relationship between collaboration and performance. The second part examines the issues around information systems alignment, and ensuring the management and coordination of interactions with suppliers and customers. The final part of the book focuses on the various different formalized approaches (including simulation, game theory, experimental economics, Petri nets and object-oriented design techniques) that may be taken to analyze the impact of any given collaboration process, coordination mechanism, or decision-making behavior on supply chain performance.
