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Over the past three decades scholars have developed comprehensive insights into the operational and strategic aspect of designing and managing the supply chain. Reviewing this ample body of knowledge however one cannot help but notice a persistent disunion between the “value chain” view that...
Persistent link: https://www.econbiz.de/10011043205
This paper considers the facility network design problem for a global firm that sells to two markets: the domestic market and a foreign market. Although the firm has to invest in capital-intensive production facilities and produce outputs in the face of demand and exchange rate uncertainties, it...
Persistent link: https://www.econbiz.de/10009218581
Surveys suggest that supply chain risk is a growing issue for executives and that supplier reliability is of particular concern. A common mitigation strategy is for the buying firm to expend effort improving the reliability of its supply base. We explore a model in which a firm can source from...
Persistent link: https://www.econbiz.de/10009218651
We propose an extension of the competitive newsvendor model to investigate the impact of quick response under competition. For this purpose, we consider two retailers that compete in terms of inventory: customers that face a stockout at their first-choice store will look for the product at the...
Persistent link: https://www.econbiz.de/10009218652
This paper examines the design and implementation of an effective process of operations and logistics strategy. A process called Strategic Operations and Logistics Planning (SOLP) is developed from the Manufacturing Audit Approach to encompass operations, both internal to enterprises, and across...
Persistent link: https://www.econbiz.de/10010669365
Consider a set of manufacturers, all of which can subcontract part of their workload to a third party. For simplicity, we assume that every manufacturer as well as the third party each possess a single production facility. Each manufacturer has to decide the amount of workload to be...
Persistent link: https://www.econbiz.de/10010631264
Competitive pressures and advances in product and process technologies challenge performance management systems in terms of their design and their strategic and operational use. Understanding the roles of such systems is a first step in developing and employing the appropriate system...
Persistent link: https://www.econbiz.de/10011043236
The enterprises' operations systems environments, characterised by their complexity and dynamics, are challenging the strategic management models. This paper presents the development of a theoretical framework, organised as a set of design recommendations to guide the performance measurement...
Persistent link: https://www.econbiz.de/10010669235
The analysis of how value is created is often associated with the value chain, a framework that aligns resources and activities into deliveries. However, it is questionable whether the value chain logic is applicable to all firms. As a consequence, the value shop model has been suggested to meet...
Persistent link: https://www.econbiz.de/10010868861
The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...
Persistent link: https://www.econbiz.de/10005561773