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We consider coordination among stocking locations through replenishment strategies that explicitly take into account lateral transshipments, i.e., transfer of a product among locations at the same echelon level. Our basic contribution is the incorporation of supply capacity into the traditional...
Persistent link: https://www.econbiz.de/10011052718
Transshipments, monitored movements of material at the same echelon of a supply chain, represent an effective pooling mechanism. Earlier papers dealing with transshipments either do not incorporate replenishment lead times into their analysis, or only provide a heuristic algorithm where...
Persistent link: https://www.econbiz.de/10011043262
In the absence of a clear command and control structure, a key challenge in supply chain management is the coordination and alignment of supply chain members who pursue divergent and often conflicting goals. The newsvendor model is typically used as a framework to quantify the cost of...
Persistent link: https://www.econbiz.de/10005023411
The last decade has seen a growing consensus that manufacturing matters. The factory as the producing unit is the core of the firm's manufacturing activities. However, even now, it is not agreed on or even fully understood what constitutes a well-managed factory. This article attempts to create...
Persistent link: https://www.econbiz.de/10009211902
We consider a supply chain where a contract manufacturer (CM) serves a number of original equipment manufacturers (OEMs). Investment into productive resources is made before demand realization, hence the supply chain faces the risk of under- or overinvestment. The CM and OEMs differ in their...
Persistent link: https://www.econbiz.de/10009218832
Competitive Supply Chains uniquely focuses on European and Asian companies, which have found innovative ways of orchestrating effective systems. This new edition builds upon the ideas explored by the author in Competitive Supply Chains (2007), featuring new content and analysis
Persistent link: https://www.econbiz.de/10012396668
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1: Working Definitions -- 2: Value Based Management -- 3: Value Creation: Dynamic Supply Chain Design -- 4: Value Creation: Assessing the Cost-Service Trade-off -- 5: Value Capture: Aligning Supply Chain Partners -- 6: Impact of Technology on SCM -- 7: Service Supply Chains -- 8: Service Supply...
Persistent link: https://www.econbiz.de/10014282817
Steady-state simulation runs typically contain an initial transient phase that biases output performance measure estimators, unless the simulation observations at the beginning of the simulation runs are discarded. It is useful to understand the effect of this initial transient on output...
Persistent link: https://www.econbiz.de/10010870108