Value Chain Management In The Chemical Industry
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Author | : Matthias Kannegiesser |
Publisher | : Springer Science & Business Media |
Total Pages | : 279 |
Release | : 2008-06-11 |
Genre | : Business & Economics |
ISBN | : 3790820326 |
Supply chain management helped companies to manage volumes, fulfil customer demand and optimize costs in production and distribution. Specifically, chemical industry companies with high complexity in production and distribution used supply chain management to steer their operations. Confronted with globalization and increasing raw material and sales price volatility, optimizing supply chain costs is no longer sufficient to ensure the overall profitability of the business. Value chain management takes supply chain management to the next level by integrating all volume and value decisions from sales to procurement. The book presents the value chain management concept and demonstrates how it is applied in a global value chain planning model for commodities in the chemical industry. A comprehensive industry case study illustrates the effects of decision making integration, e.g. the influence of raw material prices or exchange rates on optimal sales, production, distribution and procurement plans as well as overall company profitability.
Author | : Florian Budde |
Publisher | : John Wiley & Sons |
Total Pages | : 507 |
Release | : 2008-01-08 |
Genre | : Science |
ISBN | : 3527612254 |
Written by a global team of top managers and senior McKinsey experts, this expanded and completely revised second edition provides a wide-ranging manual on the subject of value creation in the chemical industry. Drawing on extensive first-hand management experience, several hundred consulting engagements, and in-depth research projects, the authors outline the key ingredients for managing chemical companies successfully. The book addresses in detail key issues of strategy and industry structure, describes best practice in the core functions of the chemical business system, looks at the state of the art in organization and post-merger management, and covers a selection of the most important current topics such as industrial biotechnology, the role of private equity, and the chemical landscape in China. Although mainly directed at executives and managers in the chemical industry, the knowledge contained in this comprehensive overview will also benefit scientists, engineers, investors, students, and anyone else dealing with management issues in this sector.
Author | : Saon Ray |
Publisher | : Taylor & Francis |
Total Pages | : 215 |
Release | : 2018-05-15 |
Genre | : Business & Economics |
ISBN | : 0429892004 |
Global value chains (GVCs) are fraught with the phenomenon of fragmentation and dispersion of production across the world. India presents a unique example with its high potential in manufacturing capability but low integration in GVCs. This book examines the reasons why India has failed to integrate within GVCs so far and looks at key examples to understand the impediments in this process. The chapters bring together case studies from across the manufacturing industry – labour-intensive (garment, paper and diamond), capital-intensive (automobile and petrochemical), and knowledge-intensive (semi-conductor microchip, chemical and pharmaceutical) sectors. Together, they present stories of successful integration of some firms in GVCs as well as the difficulties faced by them. The volume also highlights the importance of GVCs in the context of developing countries in terms of benefits such as income and value generation, knowledge and technology collaborations, and advances in systems and processes. This book will interest scholars and researchers in economics, international trade studies, development economics and business management as well as to practitioners, policymakers, government officials, and those in the corporate sector.
Author | : Josef Packowski |
Publisher | : CRC Press |
Total Pages | : 496 |
Release | : 2013-11-26 |
Genre | : Business & Economics |
ISBN | : 1482205335 |
Delivering excellent service to all customers is the key imperative for many sustainable businesses. So why do so many supply chains struggle to fulfill customer requirements at competitive costs? The answer is simple: traditional supply chain planning, which was tailored to a predominantly stable and predictable business environment, cannot handle the new challenges in the world of variability, uncertainty, complexity, and ambiguity—the VUCA world. Companies can either accept the drawbacks that often result in high inventories, poor asset utilization, and unsatisfactory customer service or, they can change their view of the fundamental approach to supply chain management. LEAN Supply Chain Planning: The New Supply Chain Management Paradigm for Process Industries to Master Today’s VUCA World introduces a new paradigm and a new approach to managing variability, uncertainty, and complexity in today’s planning processes and systems. Introducing a cutting-edge supply chain management concept that addresses current problems in the process industry's supply chains, the book presents powerful methods developed by leading research institutes, process industry champions, and supply chain experts. It explains how readers can change their approach to the fundamental planning paradigms in a manner that will help their organizations achieve higher levels of responsiveness, improved levels of customer service, and substantial increases in cost-efficiencies. This holistic practitioner’s guide describes how to establish the right accountabilities for performance management and also provides a set of meaningful metrics to help measure your progress. Supplying detailed guidelines for transforming your supply chain, it includes first-hand reports of leading organizations that have already adopted some of the facets of this paradigm and used the relevant instruments to achieve unprecedented improvements to customer service, supply chain agility, and overall equipment effectiveness.
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 206 |
Release | : 2005-11-21 |
Genre | : Science |
ISBN | : 0309133556 |
Through innovative design, creation, processing, use, and disposal of substances, the chemical industry plays a major role in advancing applications to support sustainability in a way that will allow humanity to meet current environmental, economic, and societal needs without compromising the progress and success of future generations. Based on a workshop held in February 2005 that brought together a broad cross section of disciplines and organizations in the chemical industry, this report identifies a set of overarching Grand Challenges for Sustainability research in chemistry and chemical engineering to assist the chemical industry in defining a sustainability agenda. These Grand Challenges include life cycle analysis, renewable chemical feedstocks, and education, among others.
Author | : Thomas Kirschstein |
Publisher | : Springer |
Total Pages | : 263 |
Release | : 2015-01-07 |
Genre | : Business & Economics |
ISBN | : 3658084332 |
Thomas Kirschstein provides an overview on methods and approaches for planning and optimizing large-scale chemical production networks. The focus is on an integrated modelling of chemical production processes, logistical processes as well as environmental effects. Therefore, a hybrid simulation framework is designed taking into account time series models for modelling chemical production processes, linear optimization models for describing logistical processes as well as stochastic processes for modelling environmental effects.
Author | : John T. Mentzer |
Publisher | : SAGE |
Total Pages | : 305 |
Release | : 2004-05-05 |
Genre | : Business & Economics |
ISBN | : 1452236941 |
"This book is an insightful, well-balanced, stimulating SCM Strategy book that clearly tells managers, consultants, as well as educators that the SCM concept is not a fad but a must strategy to gain competitive advantage in today′s dynamic global market place. There are three major strengths. First, it is an unprecedented interdisciplinary SCM strategy book that explains how companies obtain, maintain, and even enhance competitive advantages based upon a well-laid SCM strategy. Second, it provides readers a unique, well-balanced framework for SCM strategy formulation. Third, it is a valuable contribution in the area of SCM in that it does a good job in explaining such a complicated SCM strategy to readers in such a simple manner." —Soonhong (Hong) Min, University of Oklahoma Author of the bestselling text Supply Chain Management, John T. Mentzer′s companion book Fundamentals of Supply Chain Management: Twelve Drivers of Competitive Advantage has been developed as a supplemental text for any course dealing with strategy and supply chains. Written in an entertaining, accessible style, Mentzer identifies twelve drivers of competitive advantage as clear strategic points managers can use in their companies. Research from more than 400 books, articles, and papers, as well as interviews with over fifty executives in major global companies, inform these twelve drivers. The roles of all of the traditional business functions—marketing, sales, logistics, information systems, finance, customer services, and management—in supply chain management are also addressed. Complete with cases and real-world examples from corporations around the world, the book′s exemplars will help students and practicing managers to more effectively understand, implement, and manage supply chains successfully.
Author | : Reinhard Hübner |
Publisher | : Springer Science & Business Media |
Total Pages | : 250 |
Release | : 2007-06-13 |
Genre | : Business & Economics |
ISBN | : 3540721827 |
Practitioners in process industry have to increasingly adapt their global production networks to changes in the competitive environment. A majority of the supply network design models proposed by academia do not sufficiently capture the questions that have to be resolved. This book provides the necessary operations research decision support tools. It builds on an example of the specialty chemicals industry.
Author | : Guido Sonnemann |
Publisher | : Springer |
Total Pages | : 352 |
Release | : 2015-07-16 |
Genre | : Science |
ISBN | : 9401772215 |
This book provides insight into the Life Cycle Management (LCM) concept and the progress in its implementation. LCM is a management concept applied in industrial and service sectors to improve products and services, while enhancing the overall sustainability performance of business and its value chains. In this regard, LCM is an opportunity to differentiate through sustainability performance on the market place, working with all departments of a company such as research and development, procurement and marketing, and to enhance the collaboration with stakeholders along a company’s value chain. LCM is used beyond short-term business success and aims at long-term achievements by minimizing environmental and socio-economic burden, while maximizing economic and social value.
Author | : Nikos Moraitakis |
Publisher | : BoD – Books on Demand |
Total Pages | : 293 |
Release | : 2017-07-26 |
Genre | : Business & Economics |
ISBN | : 3844105174 |
From a supply chain perspective, often big differences exist between global raw material suppliers’ approaches to supply their respective local markets. The progressing complexity of large centrally managed global supply networks and their often-unknown upstream ramifications increase the likelihood of undetected bottlenecks and inefficiencies. It is therefore necessary, to develop an approach to strategically master the upstream complexity of such networks from a holistic perspective, in order to align regional competitive priorities and supply chain structures. The research is set in the context of polyamide engineering thermoplastics in the automotive industry. Based on an initial industry analysis and a literature review, a conceptual framework is developed. The framework is matched with existing empirical and theoretical literature, as well as multiple case study analyses in the relevant supply market and a centrally managed global supply network. As a result, strategic group theory is transferred into the supply network management context, to allow for the consideration of upstream supply chain structures in the category strategy development process. The proposed approach introduces strategic groups of supply chains as a segmentation criterion for complex global supply networks, which enables the network-wide alignment of competitive priorities, flexibility requirements, and partnerships with suppliers. Supply chain-based category strategies can effectively reduce the complexity firms are facing in this context. The results of this research are applicable for certain types of global supply networks, and can be used for network alignment and strategy development. The approach can furthermore generate valuable insights useable for negotiation support with suppliers.