On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains

On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains
Author: Stephen M. Disney
Publisher: Now Publishers Inc
Total Pages: 95
Release: 2008
Genre: Business & Economics
ISBN: 1601981325

In this review we focus on supply coordination and use the bullwhip effect as the key example of supply chain inefficiency. We emphasize the managerial relevance of the bullwhip effect and the methodological issues so that both managers and researchers can benefit.

Advanced Manufacturing and Sustainable Logistics

Advanced Manufacturing and Sustainable Logistics
Author: Wilhelm Dangelmaier
Publisher: Springer Science & Business Media
Total Pages: 456
Release: 2010-04-12
Genre: Computers
ISBN: 3642124615

Intimesofdecliningeconomicgrowth,companieshavetocontroltheircostsmore than ever to saveresources needed in the future. Regardless of the economic size of the company, the processes of production and logistics play a decisive role in stabilizing procedures and avoiding waste. Both are important cost drivers in manufacturing companies and therefore they o?er large potential savings. Pervasive networking in the last years has contributed to a hitherto unknown transparency of global markets. This harmonization opened up new possibilities of entering foreign markets for procurement and sales to the companies. The emerging global procurement strategy was understood as a chance to rethink the relocation of existing production facilities to pro?t from existing di?erences in price and performance as a resource-saving factor. Many companies tended towards a reduction of their vertical integration by outsourcing sections of their value chain. These contracted services of production result in higher transport volumes, increased complexity of supply processes and new requirements on - gistic networks. This trend of outsourcing has not stopped, but is slowing down noticeably. Additionally,thereisanincreasingproportionofcompaniesrestoring business units that were outsourced before. Reasons for turning back decisions are often to be found in missed goals. It is not unusual that important cost f- tors were disregarded in the original basis of decision-making. In the meantime many companies have realized that it is easier to achieve stability of processes and therewith a control of costs by increasing their own contribution to p- duction. Especially in times of under-utilized capacities like in the current crisis, insourcingcanbeastrategicoption.

Encyclopedia of Production and Manufacturing Management

Encyclopedia of Production and Manufacturing Management
Author: Paul M. Swamidass
Publisher: Springer Science & Business Media
Total Pages: 833
Release: 2000-06-30
Genre: Business & Economics
ISBN: 0792386302

Production and manufacturing management since the 1980s has absorbed in rapid succession several new production management concepts: manufacturing strategy, focused factory, just-in-time manufacturing, concurrent engineering, total quality management, supply chain management, flexible manufacturing systems, lean production, mass customization, and more. With the increasing globalization of manufacturing, the field will continue to expand. This encyclopedia's audience includes anyone concerned with manufacturing techniques, methods, and manufacturing decisions.

Foundations of Inventory Management

Foundations of Inventory Management
Author: Paul Zipkin
Publisher: McGraw-Hill/Irwin
Total Pages: 0
Release: 2000-01-24
Genre: Business & Economics
ISBN: 9780256113792

Foundations of Inventory Management presents a complete treatment of inventory theory and models for use in advanced undergraduate, masters, or PhD courses in Operations research, manufacturing management or Operations management. Coverage is organized into an introductory section, followed by a section focused on predictable supply and demand, and the third section covering stochastic inventory models. Many recent developments related to or impacting inventory such as ERP systems, supply chain management, JIT, and ERP systems are integrated within the text. The text presents inventory as a critical topic for virtually all businesses today and one in which theory and practice are closely linked. Prequisite coursework for students of this text would include basic optimization theory, stochastic processes, and dynamic programming. The text includes examples as well as rigorous assignment problem sets.

Modelling Supply Chain Dynamics

Modelling Supply Chain Dynamics
Author: Jose M. Framinan
Publisher: Springer Nature
Total Pages: 224
Release: 2021-08-14
Genre: Technology & Engineering
ISBN: 3030791890

This book discusses supply chain management, focusing on developments within modelling the dynamic behaviour of the supply chain. Aimed at postgraduate students, researchers and practitioners, this book provides an in-depth knowledge of the dynamics of supply chains. Business trends such as the globalisation process and the increase of competition across many industrial sectors have forced companies to concentrate on their core competences and to outsource those activities in which they do not excel. As a consequence, companies no longer produce and distribute their goods in isolation, but being part of a supply chain or supply network, i.e. a set of interrelated companies who ultimately deliver the goods and services to the final customer. Despite the prevalence of supply chains as the primary form of production and distribution, their performance can be seriously hampered by the complex dynamics resulting from the collaboration and coordination (or lack thereof) among their members. This book provides the reader with modelling tools to understand, analyse and improve the dynamic behaviour of supply chains. It assembles seminal works on supply chain models and recent developments on the topic in order to provide a comprehensive, unified vision of the field for researchers and practitioners who wish to grasp the challenges of supply chain management. Aside presenting the main elements, equations and performance indicators governing the dynamics of a supply chain, and the book addresses issues such as the effect of timely and accurately sharing the information across members, the influence of restrictions on the productive capacities of their members, or the impact of the variability of the lead times, among others. Furthermore, more complex supply chain structures such as non-serial supply networks or closed-loop supply chains are modelled and discussed. Relevant managerial insights regarding the causes of supply chain underperformance, as well as avenues to improve their efficiency can be extracted from the resulting models.

Advances in Production Management Systems. Competitive Manufacturing for Innovative Products and Services

Advances in Production Management Systems. Competitive Manufacturing for Innovative Products and Services
Author: Christos Emmanouilidis
Publisher: Springer
Total Pages: 752
Release: 2013-08-13
Genre: Computers
ISBN: 3642403611

The two volumes IFIP AICT 397 and 398 constitute the thoroughly refereed post-conference proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2012, held in Rhodes, Greece, in September 2012. The 182 revised full papers were carefully reviewed and selected for inclusion in the two volumes. They are organized in 6 parts: sustainability; design, manufacturing and production management; human factors, learning and innovation; ICT and emerging technologies in production management; product and asset lifecycle management; and services, supply chains and operations.

Integrative Long-Term Supply Chain Demand Planning

Integrative Long-Term Supply Chain Demand Planning
Author: Solveig Zinnert
Publisher: Logos Verlag Berlin GmbH
Total Pages: 114
Release: 2010
Genre: Business & Economics
ISBN: 3832526633

Integrative planning in supply chains is an essential field in logistics management. But still there are open questions especially in a long-term perspective: In order to align strategic decisions of several supply chain partners an integrated long-term demand planning process is necessary but in many industries sill mission. This would enable companies for example to co-ordinate their long-term investments in production facilities as well as transport and storage capacities and therefore increase overall efficiency in supply chains. This edition gives a very good outline about the basic problem, providing further an innovative stepwise approach to solve the integrated planning problem. The concept is matched with the business case 'BP' as a typical company and industry with influential long-term changes ahead. By this business example implementation the real life value of such planning instruments can be shown. This will motivate many companies and industries to transfer the concept to their specific environments in order to further optimize their supply chains in the future.

Machine Learning and Data Mining Annual Volume 2023

Machine Learning and Data Mining Annual Volume 2023
Author:
Publisher: BoD – Books on Demand
Total Pages: 152
Release: 2023-12-13
Genre: Computers
ISBN: 0850145139

The interest within the academic community regarding AI has experienced exponential growth in recent years. Several key factors have contributed to this surge in interest. Firstly, the rapid advancements in AI technologies have showcased their potential to revolutionize various fields, such as healthcare, finance, and transportation, sparking curiosity and enthusiasm among researchers and scholars. Secondly, the availability of vast amounts of data and computing power has enabled academics to delve deeper into AI research, exploring complex algorithms and models to tackle real-world problems. Additionally, the interdisciplinary nature of AI has encouraged collaboration among experts from diverse fields like computer science, neuroscience, psychology, and ethics, fostering a rich exchange of ideas and approaches. With contributions from a diverse group of authors, this book offers a multifaceted perspective on machine learning and data mining. Whether you’re an experienced researcher or a newcomer, this collection is an essential resource for staying at the forefront of these dynamic and influential disciplines.