Characterization of the Cost of Forecast Error in a Complex Supply Chain PDF Download
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Languages : en
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By Chris Schechter.
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Languages : en
Pages :
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By Chris Schechter.
Author: Chris David Schechter
Publisher:
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Category :
Languages : en
Pages : 93
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Author: Alexandre Medeiros Rodrigues
Publisher:
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Category : Business logistics
Languages : en
Pages : 340
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Author: Michael Gilliland
Publisher: John Wiley & Sons
ISBN: 0470769653
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
Practical-nontechnical-solutions to the problems of business forecasting Written in a nontechnical style, this book provides practical solutions to common business forecasting problems, showing you how to think about business forecasting in the context of uncertainty, randomness and process performance. Addresses the philosophical foundations of forecasting Raises awareness of fundamental issues usually overlooked in pursuit of the perfect forecast Introduces a new way to think about business forecasting, focusing on process efficiency and the elimination of worst practices Provides practical approaches for the non-statistical problems forecasters face Illustrates Forecast Value Added (FVA) Analysis for identifying waste in the forecasting process Couched in the context of uncertainty, randomness, and process performance, this book offers new, innovative ideas for resolving your business forecasting problems.
Author: Christopher S. Tang
Publisher: Springer Science & Business Media
ISBN: 0387752404
Category : Business & Economics
Languages : en
Pages : 287
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Book Description
This is a carefully developed work focused on the analysis of supply chain interaction issues in emerging markets and industry sectors. It is a leading-edge handbook that will emphasize areas of study where, thus far, little work has been done and where the "rubber meets the road" – the supply chain process, information, and systems integration. These are pertinent issues facing practitioners and researchers in today’s business environment. This is a gap-bridging handbook that analyzes interaction issues from both the research and practitioner sides. The result is a volume that examines and provides practical solutions on interaction issues while being firmly grounded in research principles.
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Category :
Languages : en
Pages : 210
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Author: Alexandre Oliveira
Publisher: FT Press
ISBN: 013376463X
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
MAP, MEASURE, AND GOVERN YOUR SUPPLY CHAIN FOR MAXIMUM BUSINESS VALUE Master proven techniques for mapping, measuring, and improving your supply chain Implement strategies and roadmaps for managing risk and increasing resilience Balance segmentation with standardization, and cost with differentiation Use supply chain KPIs to improve governance Executing the Supply Chain offers expert guidance on driving maximum business value from modern supply chain process mapping and performance measurement. Pioneering supply chain practitioners Alexandre Oliveira and Anne Gimeno introduce powerful techniques for linking processes to customer and shareholder results, systematically managing risk, and increasing resilience across even the most complex supply chain. Oliviera and Gimeno carefully introduce key process mapping and measurement concepts, thoroughly explain each relevant technique, and present proven applications and best practices from many of the world’s best companies. You’ll discover how to use your process maps to establish more effective controls, manage operations more successfully, and drive profitable change. This book’s content will be exceptionally helpful to both practitioners and students in all areas of supply chain management and strategy, including participants in leading certification programs. Executing the Supply Chain will help you align vision and action throughout your supply chain, so you can deliver far more value to both customers and shareholders. Leading practitioners Alexandre Oliveira and Anne Gimeno show how to clarify the results you expect from each process and participant, assign specific responsibilities, strengthen accountability, identify opportunities for improvement, and successfully drive the changes you need. You’ll learn how to go beyond “flows” to create process maps that make your supply network mechanisms 100% visible. Then, the authors help you use your process maps to define controls, quantitatively measure performance, and act on what your metrics tell you. Oliveira and Gimeno illuminate their techniques with many specific examples, ranging from forecasting to delivery performance, warehousing to quality assurance. This book’s techniques will enable you to implement strong governance across your supply chain—and use it to reduce risk, improve resilience, and maximize performance and profitability. ESTABLISH SUPPLY NETWORK GOVERNANCE THAT DELIVERS REAL VALUE A 5-step roadmap: from improved visibility to advanced people management DEFINE QUANTITATIVE METRICS THAT HELP YOU IMPROVE Measure what matters—in ways that are sensible, widely accepted, and actionable IDENTIFY THE TRUE ROOT CAUSES OF SUPPLY CHAIN PROBLEMS... ...and your best potential solutions USE PERFORMANCE BENCHMARKS TO DRIVE POSITIVE LONG-TERM CHANGE Realigning organizations, reshaping culture
Author: Ray R. Venkataraman
Publisher: SAGE Publications
ISBN: 1544375603
Category : Business & Economics
Languages : en
Pages : 941
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Book Description
Supply Chain Management: Securing a Superior Global Edge takes a holistic, integrated approach to managing supply chains by addressing the critically important areas of globalization, sustainability, and ethics in every chapter. Authors Ray Venkataraman and Ozgun C. Demirag use a wide variety of real-world cases and examples from the manufacturing and service sectors to illustrate innovative supply chain strategies and technologies. With a focus on decision-making and problem-solving, Supply Chain Management provides students with the tools they need to succeed in today’s fiercely competitive, interconnected global economy.
Author: Hema Priya Venkateswaran
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Forecasting uncertain demands and planning for such demands present some unique challenges, the biggest of these type of problems is huge tender orders from various customers around the world. Until recently, there was no finite definition for huge tender orders and to handle these huge tender orders there was no separate planning. In this project, there was a clear study to define tender orders according to the organisation which caused problems to demand planners and logistic co-ordinators there by reducing forecast accuracy. Later, various forecasting methodologies were tested for one set of data for past five years. Firstly a customer based analysis was done to find out highly volatile demand customers, later product based analysis was done. During the study, tender orders were defined and identified. The tender orders were mostly from governmental organisations and these demands were much bigger than the normal business orders. These huge orders were not separated from the normal business, therefore it caused much problems in the supply chain and it was difficult for the production process to handle such orders. In order to rectify this problem, the current forecasting method from the company was studied and its performance measures were analysed. After finding out the results of the analysis, it was concluded that the forecasting accuracy for the current methodology in the organisation was not good enough. Therefore four other forecasting models were analysed. They were moving average forecasting, simple exponential smoothing, Holt's double exponential smoothing and winter's triple exponential smoothing. These forecasting methods were done for standard and solver based smoothing constants. The results inferred that the forecasting accuracy was different for all four models for four different products. But on an average for the products which were considered, moving average forecasting method without any additional plans had the best forecast accuracy. Later, an analysis for outliers were done based on standard deviation of forecast error and mean absolute percentage error which was based on a literature study. Among the four products which were considered for analysis, one product showed a significant outlier in the demand pattern. When the outlier data point was further analysed, it was a peak which caused due to tender orders from Latin American countries. It was thus concluded by suggesting three recommendations to eliminate the outliers.
Author: Marc J. Schniederjans
Publisher: FT Press
ISBN: 0133091759
Category : Business & Economics
Languages : en
Pages : 2415
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Book Description
A brand new collection of world-class supply chain design solutions… 3 authoritative books, now in a convenient e-format, at a great price! 3 authoritative eBooks deliver state-of-the-art guidance for designing and optimizing highly competitive global supply chains! This unique 3 eBook package will help you design state-of-the-art supply chains that deliver rapid, quantifiable, and sustainable competitive advantage. The Encyclopedia of Operations Management is the perfect single-volume "field manual" for every supply chain or operations management practitioner and student. Nearly 1,500 well-organized, up-to-date definitions cover every facet of supply chain design, planning, management, and optimization. Next, in Reinventing the Supply Chain Life Cycle, Marc J. Schniederjans and Stephen B. LeGrand show how to 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. They walk you through: starting, creating, and building new supply chains; realigning them for growth; adjusting to dynamic change, readjusting networks, building flexibility, and managing new 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, tools, and examples for negotiation, performance measurement, anticipating change, improving agility, meeting commitments to social responsibility and the law; and more. Finally, in Supply Chain Network Design, four leading IBM and Northwestern University experts show how to use strategic supply chain network design to achieve dramatic new savings. They integrate rigorous principles and practical applications to help you select the right number, location, territory, and size of warehouses, plants, and production lines; and optimize the flow of all products through even the most complex global supply chain. You’ll find better ways to decide what (and where) to manufacture internally; and which products to outsource (and to whom). You’ll get help managing cost vs. service-level tradeoffs; using analytics to improve decision-making; and re-optimizing regularly for even more savings. Whatever your role in supply chain design, this collection will help you systematically optimize performance, customer value, and profitability. From world-renowned supply chain experts Arthur V. Hill, Marc J. Schniederjans, Stephen B. LeGrand, Michael Watson, Sara Lewis, Peter Cacioppi, and Jay Jayaraman
