Applications of New Technology in Operations and Supply Chain Management

Applications of New Technology in Operations and Supply Chain Management PDF Author: Taghipour, Atour
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 509

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Book Description
The International Data Corporation (IDC) has unveiled a series of transformative predictions to reshape operations and supply chain management, leading companies to re-assess their processes. Applications of New Technology in Operations and Supply Chain Management offers an in-depth exploration of how emerging technologies are positioned to revolutionize the way businesses execute and coordinate their operations. The book delves into the adoption of digital technologies, the shift to cloud technology, and the emergence of real-time operational insights that can be accessed from anywhere. For instance, 2026 ushers in integrating digital tools for measuring carbon footprints and the increased use of robots in unconventional domains, such as remote inspection and maintenance. By 2027, augmented reality technology will take center stage, reducing operator and field worker errors. Furthermore, remote operations embrace satellite-based artificial intelligence or machine learning technologies, revolutionizing data collection and analysis at the edge.

Applications of New Technology in Operations and Supply Chain Management

Applications of New Technology in Operations and Supply Chain Management PDF Author: Taghipour, Atour
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 509

Get Book Here

Book Description
The International Data Corporation (IDC) has unveiled a series of transformative predictions to reshape operations and supply chain management, leading companies to re-assess their processes. Applications of New Technology in Operations and Supply Chain Management offers an in-depth exploration of how emerging technologies are positioned to revolutionize the way businesses execute and coordinate their operations. The book delves into the adoption of digital technologies, the shift to cloud technology, and the emergence of real-time operational insights that can be accessed from anywhere. For instance, 2026 ushers in integrating digital tools for measuring carbon footprints and the increased use of robots in unconventional domains, such as remote inspection and maintenance. By 2027, augmented reality technology will take center stage, reducing operator and field worker errors. Furthermore, remote operations embrace satellite-based artificial intelligence or machine learning technologies, revolutionizing data collection and analysis at the edge.

Technology in Supply Chain Management and Logistics

Technology in Supply Chain Management and Logistics PDF Author: Anthony M. Pagano
Publisher: Elsevier
ISBN: 0128162813
Category : Law
Languages : en
Pages : 220

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Book Description
Technology in Supply Chain Management and Logistics: Current Practice and Future Applications analyzes the implications of these technologies in a variety of supply chain settings, including block chain, Internet of Things (IoT), inventory optimization, and medical supply chain. This book outlines how technologies are being utilized for product planning, materials management and inventory, transportation and distribution, workflow, maintenance, the environment, and in health and safety. Readers will gain a better understanding of the implications of these technologies with respect to value creation, operational effectiveness, investment level, technical migration and general industry acceptance. In addition, the book features case studies, providing a real-world look at supply chain technology implementations, their necessary training requirements, and how these new technologies integrate with existing business technologies. Identifies emerging supply chain technologies and trends in technology acceptance and utilization levels across various industry sectors Assists professionals with technology investment decisions, procurement, best values, and how they can be utilized for logistics operations Features videos showing technology application, including optimization software, cloud computing, mobility, 3D printing, autonomous vehicles, drones and machine learning

Technology in Supply Chain Management and Logistics

Technology in Supply Chain Management and Logistics PDF Author: Anthony M. Pagano
Publisher:
ISBN: 0128159561
Category : Law
Languages : en
Pages : 218

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Book Description
Technology in Supply Chain Management and Logistics: Current Practice and Future Applications analyzes the implications of these technologies in a variety of supply chain settings, including block chain, Internet of Things (IoT), inventory optimization, and medical supply chain. This book outlines how technologies are being utilized for product planning, materials management and inventory, transportation and distribution, workflow, maintenance, the environment, and in health and safety. Readers will gain a better understanding of the implications of these technologies with respect to value creation, operational effectiveness, investment level, technical migration and general industry acceptance. In addition, the book features case studies, providing a real-world look at supply chain technology implementations, their necessary training requirements, and how these new technologies integrate with existing business technologies. Identifies emerging supply chain technologies and trends in technology acceptance and utilization levels across various industry sectors Assists professionals with technology investment decisions, procurement, best values, and how they can be utilized for logistics operations Features videos showing technology application, including optimization software, cloud computing, mobility, 3D printing, autonomous vehicles, drones and machine learning

Technology Integration to Business

Technology Integration to Business PDF Author: John T. Yee
Publisher: Springer Science & Business Media
ISBN: 1447143906
Category : Technology & Engineering
Languages : en
Pages : 335

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Book Description
Today’s global business environments drive companies to be more technology dependent, and to remain competitive, firms need to introduce or adopt a new technology to business. In order to achieve a successful integration with maximum return on investment, companies need a systematic approach that accommodates a comprehensive course of action of technology integration. Technology Integration to Business – Practical Methods and Case Studies suggests a business-driven holistic approach of technology integration that consists of several steps. First, companies should examine the current state, issues, benefits, and obstacles of technology integration in conjunction with their competitive business strategy and operational capability. Second, firms should investigate new, emerging business technologies as to how those technologies can contribute to improve the business. Third, with the technology integration needs identified, companies should complete preparatory tasks before actual implementation, such as, business process analysis, technology assessment, technology provider investigation, business case development, and cost-benefit analysis. Fourth, because the nature of technology integration project involves many stakeholders in global locations, firms should use effective project management knowledge from project initiation, through planning, execution, control, to close. Students will learn real-world technology integration processes in industry settings and become more prepared for industrial careers. Practitioners will find thorough procedures and methods that are useful in practice to improve business performance. Realistic examples for manufacturing, logistics, and supply chain management application domains give the reader practical implications for the methods presented.

Emerging Frontiers in Operations and Supply Chain Management

Emerging Frontiers in Operations and Supply Chain Management PDF Author: B. Vipin
Publisher: Springer Nature
ISBN: 9811627746
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making. This edited book covers various quantitative models on operations and supply chain management such as inventory optimization, machine learning-operations research integrated model for healthcare systems, game-theoretic analysis of review strategies in truthful information sharing, design of contracts in supply chains, supply chain optimization, inventory routing, and shop floor scheduling. In addition to the quantitative models, several innovative heuristics are proposed for different problems. This book explores qualitative models on improving the performance of small and medium enterprises and petroleum industries and a simulation model for staff allocation in the information technology industry. Finally, this book provides review articles on vaccine supply chains and behavioral operations management. The book throws light on the emerging trends in the use of analytics, optimization, and simulation tools and empirical analysis to improve the performance of operations and supply chains of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.

Applications of Operations Management in Emerging Technologies

Applications of Operations Management in Emerging Technologies PDF Author: Mohammad Ebrahim Arbabian
Publisher:
ISBN:
Category :
Languages : en
Pages : 160

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Book Description
The question of how to match supply and demand, in a supply chain, is crucial because it significantly affects the supply chain's cost management. Therefore, to adopt new technologies, supply chain owners should update their matching supply-demand policies. A common objective of my dissertation is to analyze and develop game-theoretic and stochastic models to propose new policies for supply chains whose supply or demand is influenced by emerging technologies. In particular, in the third chapter, after the introduction and literature review in the first two chapters, with a specific focus on cloud industry, we study markets in which one unit of supply increases the capacity of multiple attributes simultaneously. Working within this type of market can be problematic: since the ratio of the capacities of the attributes in one unit of supply differs from the attributes' demand ratio, balancing supply and demand is challenging and requires new policies. In the fourth chapter, we specifically focus on 3D printing, and investigate how it affects supply chains responsiveness to demand. Due to the unique features of 3D printing technology, 3D printers can be installed in a retail store in order for the retailer to produce a product if he faces demand shortage. Therefore, this technology, can potentially decrease the expected mismatch between supply and demand. We, first, study a capacity expansion problem in cloud industry where the supply of attributes is bundled. The recent surge in demand for cloud services has posed a capacity expansion problem for service providers: while the growth of demand for capacity attributes (e.g., CPU and RAM) are time-varying and disproportionate, replenishment of these attributes are often in pre-configured packages (e.g., server clusters). This problem was originally introduced to us by Microsoft; however, our communications with other cloud companies such as Amazon and eBay indicate that they face similar problems. In the third chapter, we consider demand growths of two attributes (CPU and RAM) and focus on a class of policies consisting of capacity expansion cycles, where excess capacities of both attributes are required to reach a desired minimum level at the start and the end of each cycle. Following Microsoft's demand trends, we specifically focus on exponential demand growth. Using piece-wise linear demand approximation, we partially solve the problem, and to fully solve the problem, we devise a dynamic-programming-based algorithm. We next propose a forward-looking heuristic based on minimizing total cost rate in each cycle. We also examine the problem of cluster selection, given a set of available cluster-types. Last, we conduct a numerical study of the performance of the proposed heuristic. Next, we focus on the effects 3D printing can have on manufacturer-retailer relation in supply chains. 3D printing is a relatively new manufacturing technology that is attracting attention from many firms and governments. However, its impact on operations and firms' relationships in a supply chain remains unexplored. In the fourth chapter, we investigate the impact of 3D printing, or additive manufacturing, on a supply chain consisting of a manufacturer and a retailer. We study two scenarios: 1) 3D printers are utilized by the manufacturer; and in a more novel situation 2) 3D printing technology is adopted by the retailer. We analyze the equilibrium of Stackelberg games in both cases and compare the results with a benchmark system without 3D printing. In the first scenario, both the retailer and the manufacturer are better off. In the second scenario, however, the retailer might be worse off although he is adopting 3D printing. This is because the supply chain is more responsive to demand, and the manufacturer can set higher wholesale prices for 3D plans and capture higher profits. We next compare the two scenarios. We identify and quantify the positive and negative effects associated with 3D printing for both firms in a supply chain. In many cases, the novel scenario of the retailer producing products, made possible by the unique features of 3D printing, results in the best profit outcomes for both firms.

Logistics 4.0

Logistics 4.0 PDF Author: Turan Paksoy
Publisher: CRC Press
ISBN: 1000245101
Category : Technology & Engineering
Languages : en
Pages : 369

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Book Description
Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.

Supply Chain Optimization, Management and Integration: Emerging Applications

Supply Chain Optimization, Management and Integration: Emerging Applications PDF Author: Wang, John
Publisher: IGI Global
ISBN: 1609601378
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
Our rapidly changing world has forced business practitioners, in corporation with academic researchers, to respond quickly and develop effective solution methodologies and techniques to handle new challenges in supply chain systems. Supply Chain Optimization, Management and Integration: Emerging Applications presents readers with a rich collection of ideas from researchers who are bridging the gap between the latest in information technology and supply chain management. This book includes theoretical, analytical, and empirical research, comprehensive reviews of relevant research, and case studies of effective applications in the field of SCM. The use of new technologies, methods, and techniques are emphasized by those who have worked with supply chain management across the world for those in the field of information systems.

Operations, Logistics and Supply Chain Management

Operations, Logistics and Supply Chain Management PDF Author: Henk Zijm
Publisher: Springer
ISBN: 3319924478
Category : Technology & Engineering
Languages : en
Pages : 734

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Book Description
This book provides an overview of important trends and developments in logistics and supply chain research, making them available to practitioners, while also serving as a point of reference for academicians. Operations and logistics are cornerstones of modern supply chains that in turn are essential for global business and economics. The composition, character and importance of supply chains and networks are rapidly changing, due to technological innovations such as Information and Communication Technologies, Sensors and Robotics, Internet of Things, and Additive Manufacturing, to name a few (often referred to as Industry 4.0). Societal developments such as environmental consciousness, urbanization or the optimal use of scarce resources are also impacting how supply chain networks are configured and operated. As a result, future supply chains will not just be assessed in terms of cost-effectiveness and speed, but also the need to satisfy agility, resilience and sustainability requirements. To face these challenges, an understanding of the basic as well as more advanced concepts and recent innovations is essential in building competitive and sustainable supply chains and, as part of that, logistics and operations. These span multiple disciplines and geographies, making them interdisciplinary and international. Therefore, this book contains contributions and views from a variety of experts from multiple countries, and combines management, engineering as well as basic information technology and social concepts. In particular, it aims to: provide a comprehensive guide for all relevant and major logistics, operations, and supply chain management topics in teaching and business practice address three levels of expertise, i.e., concepts and principles at a basic (undergraduate, BS) level, more advanced topics at a graduate level (MS), and finally recent (state-of-the-art) developments at a research level. In particular the latter serve to present a window on current and future (potential) logistics innovations in the different thematic fields for both researchers and top business practitioners integrate a textbook approach with matching case studies for effective teaching and learning discuss multiple international perspectives in order to represent adequately the true global nature of operations, logistics and supply chains.

Encyclopedia of Organizational Knowledge, Administration, and Technology

Encyclopedia of Organizational Knowledge, Administration, and Technology PDF Author: Khosrow-Pour D.B.A., Mehdi
Publisher: IGI Global
ISBN: 1799834743
Category : Business & Economics
Languages : en
Pages : 2734

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Book Description
For any organization to be successful, it must operate in such a manner that knowledge and information, human resources, and technology are continually taken into consideration and managed effectively. Business concepts are always present regardless of the field or industry – in education, government, healthcare, not-for-profit, engineering, hospitality/tourism, among others. Maintaining organizational awareness and a strategic frame of mind is critical to meeting goals, gaining competitive advantage, and ultimately ensuring sustainability. The Encyclopedia of Organizational Knowledge, Administration, and Technology is an inaugural five-volume publication that offers 193 completely new and previously unpublished articles authored by leading experts on the latest concepts, issues, challenges, innovations, and opportunities covering all aspects of modern organizations. Moreover, it is comprised of content that highlights major breakthroughs, discoveries, and authoritative research results as they pertain to all aspects of organizational growth and development including methodologies that can help companies thrive and analytical tools that assess an organization’s internal health and performance. Insights are offered in key topics such as organizational structure, strategic leadership, information technology management, and business analytics, among others. The knowledge compiled in this publication is designed for entrepreneurs, managers, executives, investors, economic analysts, computer engineers, software programmers, human resource departments, and other industry professionals seeking to understand the latest tools to emerge from this field and who are looking to incorporate them in their practice. Additionally, academicians, researchers, and students in fields that include but are not limited to business, management science, organizational development, entrepreneurship, sociology, corporate psychology, computer science, and information technology will benefit from the research compiled within this publication.