Author: Paul Scholz
Publisher: GRIN Verlag
ISBN: 3668501068
Category : Business & Economics
Languages : en
Pages : 79
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Book Description
Master's Thesis from the year 2016 in the subject Business economics - Supply, Production, Logistics, grade: 1,7, Tsinghua University, language: English, abstract: This research investigates a manufacturer’s optimal capacity auditing policy in the principal-agent context facing asymmetric information. Supply chain coordination through supplier capacity auditing has the ability to affect both supply chain efficiency and risk management challenges. So far not a lot of research on principal-agent relationships in the manufacturing context has been performed – specifically not on supplier capacity auditing with one party facing asymmetric information. The basic assumption of this model is the contracting relationship of one manufacturer and one supplier. A price-quantity schedule is offered by manufacturer and the supplier selects one single-period fixed-price contract without any further communication and negotiation. The manufacturer’s decision according to the price-quantity schedules offered is upon order quantity, transfer payment and the audit application probability. The supplier’s production capacity is known to the supplier at all times but unknown to the manufacturer. In addition to that, the demand is stochastically distributed and concretizes after both parties agreed about the contract. Basic profit functions of the manufacturer and the supplier are adjusted to match the requirements of the manufacturing context. In order to derive optimal closed form solutions, the equations are modified following an approach of Laffont and Martimort. An optimal capacity audit mechanism for a manufacturer who procures components from a supplier possessing private capacity information is pointed out.
Author: Sime Curkovic
Publisher: CRC Press
ISBN: 1040084621
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
Risk management in supply chain logistics has moved from being a nice-to-have to a necessity due to the number of variables that can cripple a business. Managing Supply Chain Risk: Integrating with Risk Management details the critical factors involved in managing supply chain risk. It discusses how managing supply chain risk can be integrated into
Author: Paddock, Lee
Publisher: Edward Elgar Publishing
ISBN: 1789902207
Category : Law
Languages : en
Pages : 212
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Book Description
This Advanced Introduction provides a clear and accessible guide to the essential elements of environmental compliance and enforcement programs. It examines compliance programs designed to assist regulated entities in meeting their obligations, as well as enforcement tools designed to address non-compliance - such as administrative, civil judicial, and criminal enforcement. Offering an insightful overview of this important area, LeRoy C. Paddock highlights recent developments that are changing the way compliance and enforcement work is practiced.
Author: Michael Sullivan
Publisher: DIANE Publishing
ISBN: 143793255X
Category : Technology & Engineering
Languages : en
Pages : 74
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Book Description
Cost growth and schedule delays are prevalent problems in acquiring defense weapon systems. Manufacturing systems has proven difficult, particularly as programs transition to production. In Dec. 2008, DoD issued an updated version of its acquisition policy that reflects earlier consideration of manufacturing risks. A joint defense and industry group developed manufacturing readiness levels (MRL) to support assessments of manufacturing risks. This report assesses the manufacturing problems faced by DoD, how MRLs can address manufacturing problems, how MRLs compare to manufacturing best practices of leading commercial firms, and challenges and barriers to implementing MRLs at DoD. Includes recommendations. Charts and tables.
Author: Jack B. ReVelle
Publisher: CRC Press
ISBN: 1420025503
Category : Business & Economics
Languages : en
Pages : 472
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Book Description
Manufacturing Handbook of Best Practices: An Innovation, Productivity, and Quality Focus gives you a working knowledge of today's cutting edge tools - preparing you for the way you will be doing your job tomorrow. With contributions from seasoned manufacturing experts, the book provides a single-source reference to what's currently happening in mod
Author: Greg Hutchins
Publisher: CERM Academy for Enterprise Risk Management
ISBN: 1732554595
Category : Business & Economics
Languages : en
Pages : 483
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Book Description
What is Value Added Auditing? Value Added Auditing (540 pages) is a process and risk-based manual for ISO management system and risk-based audits. The manual can be used to conduct performance, operational, IT, cyber, and supply management assessments. The objective of the manual is to enhance: 1. Risk-based, problem solving and 2. Risk-based, decision making. All ISO 9001:2015 and ISO 14001 companies should read this book to understand and implement Risk Based Thinking (RBT). What This Book Can Do for You? The Value Added Auditing offers the following benefits to you, specifically explaining: • How to plan, conduct and report value added audits so that customers are delighted. • How to clarify and understand the audit customer's requirements. • How to evolve from audit policing to risk based, decision making. • How to identify and manage process risks. • What are the six steps to managing and planning value added audits. • What is process management and why it is critical to value added auditors. • How to develop a tailored value added audit questionnaire. • What are the eight methods of evaluating service internal process controls. • What are the steps to gaining an understanding of the audit client. • How to go beyond compliance to business and process improvement. • What is the most critical red flag in value added auditing. • What are six techniques for gathering evidence. • What are six effective steps for testing quality systems and processes. • What are eight examples of value added audit reports. Bonus Materials/Resources: · Access almost 1,500 risk and quality articles through CERM Academy. · Get free course materials such as using FMEA’s in ISO 9001:2015.
Author: Rajat Baisya
Publisher: Taylor & Francis
ISBN: 1040014984
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
This textbook discusses supply chain management and provides a comprehensive overview of all the key activities and issues of supply chain and logistics functions as an integrated discipline. Taking a comprehensive approach, it reviews end-to-end supply chain management from procurement to production to warehousing, distribution and customer service. It explores how each interface can be managed with the ultimate objective of providing superior customer experience to ensure satisfaction at the least cost while delivering incremental value in a competitive environment. This volume: Guides on designing effective development and management of the supply chain network, which is an invaluable source of sustainable, competitive advantage in today’s turbulent global marketplace Examines the complexities and challenges of catering to the flexible and fluctuating customer demand, warehousing, channel distribution and transportation, global logistics value chain management, and performance management Discusses short practical cases to explain the decision-making process with respect to manufacturing decisions and inventory for efficient working capital management, both of which are critical for supply chain performance Explores performance management matrix, maturity models and so on This book will be useful to students, researchers and faculty from the fields of business management, supply chain and logistics management, and mechanical and civil engineering. It will also be an invaluable companion to consultants and business executives working in the field of supply chain and logistics.
Author: Marc J. Epstein
Publisher: Berrett-Koehler Publishers
ISBN: 1609949943
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
Now completely updated, Making Sustainability Work is the bible for applying real metrics and best practices to the often-nebulous realm of business sustainability. Mark Epstein and Adriana Rejc Buhovac provide concrete tools for measuring and increasing social and environmental impacts in a manner that businesses can understand and put to real use.
Author: Jorge Luis García Alcaraz
Publisher: Springer
ISBN: 3319991906
Category : Technology & Engineering
Languages : en
Pages : 558
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Book Description
This book reports the best practices that companies established in Latin America are implementing in their manufacturing processes in order to generate high quality products and stay in the market. It lists the technologies, production and administrative philosophies that are being implemented, presenting a collection of successful cases of studies from Latin America. The book describes how the tools and techniques are being integrated, modified and combined to create new technical resources for assisting the decision making process for better economic performance in manufacturing companies. The efforts deployed for assisting the transformation of raw materials into products and services are described. The authors explain the main key success factors or drivers for success of each tool, technique or hybrid combination approach applied to solve manufacturing problems.
Author: Prem Vrat
Publisher: Springer
ISBN: 8132219708
Category : Business & Economics
Languages : en
Pages : 420
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Book Description
This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials. The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.
