A new approach to virtual supply chain management

2005 ◽  
Author(s):  
M.J. Tarokh ◽  
A. Tayebi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
New Approach ◽  
Chain Management

A model for financial supply chain management with two different financial approaches

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jafar Yazdimoghaddam
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Traditional Approach ◽  
Financial Indicators ◽  
Financial Flows ◽  
New Approach ◽  
Chain Management ◽  
Content Type ◽  
Return On Equity ◽  
Managerial Decisions

Purpose The more common approaches used in supply chain management (SCM) consider only the physical logistic operations and ignore the financial aspects of the supply chain (SC). The main objective to incorporate financial aspects in SCM is to strengthen managerial decisions concerning financial flows in SCs. This paper aims to present a model for financial supply chain management (FSCM) in which financial planning in addition to operation planning is decided. Design/methodology/approach Approaches for FSCM are traditional financial approach and new financial approach. The traditional financial approach integrates physical goods flows and financial flows. The new financial approach considers in making decisions other financial indicators such as market to book value, liquidity ratios, capital structure ratios, stock security ratios, sales margin and return on equity. Moreover, the new approach applies the change in equity instead of the traditional approach measures of profit as the objective function to be maximized in the presented model. To show the attributes of the presented approaches, the results of the new approach and the traditional approach are compared. Findings The findings of this paper indicate that the traditional approach leads to a lower change in equity compared to the new approach. Also, the results reveal the better improvement of using the new approach over the traditional approach and convince the decision-makers to take advantage of the new approach. Research limitations/implications Empirical knowledge about FSCM is in its early stages. Originality/value The main contribution of this paper is to define two approaches for FSCM and to compare them.

scholarly journals Árion: A Blockchain Framework for Traceability in Supply Chain Management

2020 ◽  
Author(s):  
Edivaldo Mascarenhas Junior ◽  
Manoel Carvalho Neto ◽  
Allan Edgard Freitas
Keyword(s):  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Emerging Technologies ◽  
New Approach ◽  
Chain Management ◽  
Blockchain Technology

A complex web of relationships provides goods for manufacturing, assembling, and delivering final products known as the supply chain. Emerging technologies have been used in supply chain systems in order to provide traceability. However, these systems tend to be centralized, monopolistic, and asymmetric. As a consequence, they may result in trusting problems, such as fraud, corruption, and tampering. Blockchain technology provides a new approach for information systems based on decentralization, that can apply for supply chain systems. This work presents a Blockchain-based framework for developing applications that provide such traceability for supply chain management.

Environmental Sustainability and Green Supply Chain Management

2013 ◽  
Vol 664 ◽  
pp. 123-128
Author(s):  
Ying Jian Chen
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Environmental Sustainability ◽  
Environmental Issues ◽  
Green Supply Chain Management ◽  
Green Supply Chain ◽  
Business Organizations ◽  
New Approach ◽  
Chain Management ◽  
Green Packaging

Environmental issues constitute continuous concern for governments, societies and business organizations. Green supply chain management（GSCM） emerged as a new approach that extends environmental responsibility of organizations throughout their entire supply chain managements. In this paper, we first discuss the definitions of environmental sustainability and GSCM as well as the important differences between GSCM and SCM, then some latest research progresses on the deep relations between environmental sustainability and GSCM are briefly reviewed. Finally, possible future developments of green packaging are prospected.

scholarly journals Coffee Supply Chain Using Blockchain

2021 ◽  
Vol 10 (6) ◽  
pp. 69-74
Author(s):  
Kshitij Bhambure ◽  
Biradar Shrinivas ◽  
Devendra Haldankar ◽  
Madhavi Kulkarni
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Distributed Database ◽  
Chain Model ◽  
New Approach ◽  
Chain Management ◽  
Stakeholder Groups ◽  
Supply Chain Model ◽  
Block Chain ◽  
Automated Algorithms

This issue of supply chain management is very important for the stakeholder groups. Due to the complexity of the supply chain, its management often requires manual work and frequent sharing of information. This paper proposes a new approach that uses block chain technology to resolve the issue and improve the efficiency of the supply chain. Block chain is a distributed database that enables users to trust each other without intermediaries. Its decentralized nature and its ability to verify transactions through automated algorithms make it a safer and more secure alternative to the existing supply chain model. Due to the complexity of the coffee supply chain, the accuracy of the data collected during the CRC process became an issue. This study proposed the use of Block chain technology to address these issues.

scholarly journals A new approach to speaker relevence using a logistics executive in residence course

2015 ◽  
Vol 25 (2) ◽  
pp. 7-23
Author(s):  
Stephen M Rutner ◽  
Scott R Cox ◽  
Maria E Aviles
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Statistical Analysis ◽  
Learning Environment ◽  
Real World ◽  
New Method ◽  
Student Responses ◽  
New Approach ◽  
Chain Management ◽  
Robust Learning

This article addresses a new method to bring real world relevance into the Logistics, Transportation and Supply Chain Management classroom. A different type of Executive in Residence course focuses on using multiple industry speakers to provide a unique learning environment for today’s Millennial majors. While the majority of the paper is a thought based overview, a statistical analysis of student responses was used to compare various types of relevant courses. A simple comparison of various appropriate items was examined to identify if the Executive in Residence course increased learning. Both the anecdotal and statistical evidence suggests that the Executive in Residence course increases interaction and improves learning with majors. It highlights a non-traditional type of approach to incorporating executives into the curriculum and results in a more robust learning environment. The inclusion of active executives also creates a number of practical benefits for the practitioners, students, faculty and university.

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