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In today’s highly competitive and demanding environment, the pressure on both public and private organizations is to achieve a better way to deliver values to end customers. There has been a growing recognition that the two goals, cost reduction and customer service are achieved through...
Persistent link: https://www.econbiz.de/10011140760
Several analytical models have been developed to solve the integrated production distribution problems in Supply Chain Management (SCM). In certain multi-stage service supply chain like blood banks, the term ‘production’ is referred as collection. It is often crucial to consider the...
Persistent link: https://www.econbiz.de/10011140761
Managing inventories is crucial to the objective of minimizing supply chain costs. This paper presents an approach for setting inventory norms in context of a real-life case of an industry which practices Vendor Managed Inventory (VMI). The role of warehouses and the inventories held by them...
Persistent link: https://www.econbiz.de/10010737467
Third party logistics (3PL) service providers play a growing responsibility in the management of supply chain. The global and competitive business environment of 3PLs has recognized the significance of a speedy and proficient service towards the customers in the past few decades. Particularly in...
Persistent link: https://www.econbiz.de/10010545089
In many multi-stage manufacturing supply chains, transportation related costs are a significant portion of final product costs. It is often crucial for successful decision making approaches in multi-stage manufacturing supply chains to explicitly account for non-linear transportation costs. In...
Persistent link: https://www.econbiz.de/10010545090