scholarly journals APPLICABILITY OF SCOR-BASED DEA PERFORMANCE MEASUREMENT IN SMALL MED-SIZE ENTERPRISES

2021 ◽  
Vol 15 (1) ◽  
pp. 12-29
Author(s):  
Rio Benedicto Bire
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Performance Measurement ◽  
Supply Chain Performance ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Innovative Performance ◽  
Convenience Stores ◽  
Unique Approach ◽  
Measurement Approach

This paper aims to test the applicability of a SCOR-based DEA benchmarking approach for SMEs in Indonesia, due to the increasing call for suitable supply chain performance measurement in the context of SMEs. An input-oriented DEA assuming both CRS and VRS was employed by deriving a set of metrics from the SCOR attributes. A sample of 16 SME convenience stores was selected for the illustration. Results show that the SCOR-based DEA provided a simple groundwork for supporting SME managerial decision making in terms of administering concise feedbacks and identifying directions to venture on. Moreover, analysis results alluded to a distinct, more comprehensive assessment of performances as opposed to that of traditional measurements that is prominent among SMEs. The distinct, comprehensive insights from the analysis may engage SMEs into taking up the more innovative performance measurement approach. Moreover, better awareness of supply chain metrics is foreseen. The SCOR-based DEA provided a unique approach to meet the conformance of Indonesian SMEs in regard to supply chain performance measurement.    

Impact of metric-alignment on supply chain performance: a behavioral study

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Arunachalam Narayanan ◽  
Rafay Ishfaq
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Bullwhip Effect ◽  
Supply Chain Performance ◽  
Behavioral Study ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
New Approach ◽  
Content Type ◽  
Supply Chain Costs

PurposePrevious research has shown that firms are struggling to incorporate collaboration among supply chain partners. This paper presents a new approach to incorporate collaboration using metric-alignment. The analysis provides key insights regarding the usefulness of this approach to synchronize decision-making that leads to reduced bullwhip effect, less backordering and lower supply chain costs.Design/methodology/approachThis research is based on a large-scale behavioral study comprising 556 participants in multi-echelon supply chain games. Supply chain decisions from these experiments are evaluated to study the impact of metric-alignment on managerial decision-making and the corresponding effects on the overall supply chain performance.FindingsResults show that the metric-alignment approach offers an informal and self-enforced governance mechanism that changes managerial decision-making behaviors and improves supply chain performance. Results also show this approach to yield operational and financial benefits for all supply chain partners in the form of reduced bullwhip effect, less backordering and lower supply chain costs.Originality/valueThis is the first behavioral study of its kind that evaluates a new approach to incorporate collaboration in supply chains using metric-alignment. This approach avoids the shortcomings of current industry practices of using monetary penalties, such as on-time in-full (OTIF) mandates in supply contracts. The study shows that metric-alignment approach can improve overall supply chain performance while offering mutually beneficial rewards for all supply chain partners.

scholarly journals An empirical supply chain measurement model for a national egg producer based on the supply chain operations reference model

2013 ◽  
Vol 7 (1) ◽  
Author(s):  
Christian Pretorius ◽  
George A. Ruthven ◽  
Konrad Von Leipzig
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Performance Measurement ◽  
Reference Model ◽  
Measurement Model ◽  
Supply Chain Performance ◽  
Data Set ◽  
Competitive Edge ◽  
Overall Performance ◽  
Real World Problems

The management of a supply chain is both an offensive and defensive weapon that organisations can use to increase their competitive edge and capture a larger share of the market. In management science and supply chain management, multi-criteria decision making techniques have been used to solve a range of real-world problems. The problem is that many, if not most, companies in South Africa either do not have the required skills to use these decision-making techniques to improve or re-configure their supply chain, or they do not have a complete data set with which to model it effectively. In order to manage supply chains effectively, organisations at the very least need feedback on the performance of their entire supply chain. In this article, generic supply chain performance measures were used and a theoretical or empirical model was developed for the performance measurement of a national egg producer’s supply chain. It focused on a managerial program for the identification and management of their supply chain with recommendations for applying a measurement model. The overall performance of the supply chain as well as the five different performance attributes was presented to management in a dashboard format. This article could be used as a basis for future studies of supply chain performance measurement and the model could be used as a foundation for developing an improved version, not only for the egg industry, but for other industries as well. 

scholarly journals APPLYING CFMAE METHOD TO BUILD A SUPPLY CHAIN PERFORMANCE ASSESSMENT SYSTEM IN TEXTILE INDUSTRY IN HO CHI MINH CITY

2014 ◽  
Vol 17 (4) ◽  
pp. 69-82
Author(s):  
Thanh Van Vo ◽  
Trung Quoc Pham
Keyword(s):  
Decision Making ◽  
Fuzzy Logic ◽  
Supply Chain ◽  
Performance Measurement ◽  
Measurement System ◽  
Textile Industry ◽  
Ho Chi Minh City ◽  
Performance Measurement System ◽  
Supply Chain Performance ◽  
Textile Supply Chain

The paper provides an application which is a combination between decision making technique and fuzzy logic to build a supply chain performance measurement system in textile industry in Ho Chi Minh City. The methodology is a combination of theoretical analysis, Delphi quantitative method and Combined Fuzzy Multiple Attribute Evaluation (CFMAE) method. First of all, based on theories on textile supply chain, we developed a hierarchical system for performance measurement. After three Delphi rounds to seek opinions of experts on the system, the CFMAE which consists of two phases (fuzzy integral and fuzzy analysis hierarchy process – FAHP) was conducted to build a supply chain performance measurement system in textile industry with general attributes. The study has constructed a supply chain performance measurement system in textile industry in Ho Chi Minh City with suitable attributes. The weight of attributes is determined as a general viewpoint of the industry of the importance of the attributes to the supply chain performance. In terms of practicality, this paper provides an approach in the performance measurement for the textile supply chain that serves as a framework for a centralized and effective improvement. The scientific meaning of this paper is the application of the fuzzy logic in economics and management to eliminate the subjectivity in the decision making process.

scholarly journals A Case Study: Using The Dupont Approach For Formulating Managerial Decisions

2016 ◽  
Vol 13 (1) ◽  
pp. 33-42
Author(s):  
Susan Wright
Keyword(s):  
Decision Making ◽  
Financial Management ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Managerial Decisions ◽  
Dupont Analysis ◽  
Unique Approach ◽  
World Information

This case introduces a unique approach to financial statement analysis that centers on managerial decision-making as the locus for student analysis. Rather than grouping ratios into traditional categories, such as liquidity, asset efficiency, profitability, insolvency and market ratios, ratios are grouped into operating, investing and financing decision-making areas. Students deepen their understanding of a firm’s strengths and weaknesses through a process of “drilling-down” into the three decision-making domains. The analysis begins with an examination of ROE using the Dupont analysis which provides a useful framework for focusing on the three core managerial decision making activities.  The case is constructed using real world information extracted from 10K reports and from recent company announcements. It can be used at the undergraduate (400) or graduate level. It is most suitable for a course in Financial Statement Analysis, or a course in Corporate Financial Management/Corporate Finance. The basics of financial statement analysis are necessary to successfully navigate the case.

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