Inventory Management, a Decision Support Framework to Improve Operational Performance

2012 ◽  
pp. 268-288
Author(s):  
Jan van den Berg ◽  
Guido van Heck ◽  
Mohsen Davarynejad ◽  
Ron van Duin
Keyword(s):  
Supply Chain ◽  
Decision Support ◽  
Inventory Management ◽  
Enterprise Resource Planning ◽  
Resource Planning ◽  
Performance Improvements ◽  
Decision Support Framework ◽  
Comparable Performance ◽  
Potential Benefits

Enterprise Resource Planning systems have been introduced to support the efficient and effective execution of business processes. In practice, this may not fully succeed. This also holds in particular for inventory management (IM), which forms a part of supply chain management. Within this research, by analyzing the IM business process theoretically, eleven potential benefits are indicated. Next, by using a Business Intelligence approach, key performance indicators (KPIs) are selected to measure the performance of IM sub-processes. Integration of these approaches yields an IM performance decision support framework that can be used to obtain a generic, coherent picture of the fundamental IM processes in an organization. In addition, by tracking and analyzing KPI measurements, adequate decisions can be prepared towards the improvement of the operational IM performance. The proposed framework is validated using experts’ opinions and a comparative case study. The experts’ comments yielded a list of top-10 KPIs, based on the measurements of which a set of quick wins can be determined. The case study results show that some of the identified potential benefits are also observed in practice. Future research may reveal that comparable performance improvements are possible in other IM environments (and even in other supply chain domains) based on similar decision support frameworks.

Inventory Management, a Decision Support Framework to Improve Operational Performance

2012 ◽  
pp. 581-600
Author(s):  
Jan van den Berg ◽  
Guido van Heck ◽  
Mohsen Davarynejad ◽  
Ron van Duin
Keyword(s):  
Supply Chain ◽  
Decision Support ◽  
Inventory Management ◽  
Enterprise Resource Planning ◽  
Resource Planning ◽  
Performance Improvements ◽  
Decision Support Framework ◽  
Comparable Performance ◽  
Potential Benefits

Enterprise Resource Planning systems have been introduced to support the efficient and effective execution of business processes. In practice, this may not fully succeed. This also holds in particular for inventory management (IM), which forms a part of supply chain management. Within this research, by analyzing the IM business process theoretically, eleven potential benefits are indicated. Next, by using a Business Intelligence approach, key performance indicators (KPIs) are selected to measure the performance of IM sub-processes. Integration of these approaches yields an IM performance decision support framework that can be used to obtain a generic, coherent picture of the fundamental IM processes in an organization. In addition, by tracking and analyzing KPI measurements, adequate decisions can be prepared towards the improvement of the operational IM performance. The proposed framework is validated using experts’ opinions and a comparative case study. The experts’ comments yielded a list of top-10 KPIs, based on the measurements of which a set of quick wins can be determined. The case study results show that some of the identified potential benefits are also observed in practice. Future research may reveal that comparable performance improvements are possible in other IM environments (and even in other supply chain domains) based on similar decision support frameworks.

Decision Support Tools for Managing Unpredictability in the Supply Chain

2000 ◽  
Author(s):  
Carol Vesier
Keyword(s):  
Supply Chain ◽  
Decision Support ◽  
Inventory Management ◽  
Production Scheduling ◽  
Capital Investment ◽  
Investment Strategy ◽  
Decision Support Tools ◽  
Business Outcomes ◽  
Support Tools

Abstract Effectively managing unpredictability requires decision support tools that can predict the financial and business outcomes of various supply chain strategies. This paper will discuss the role of these decision support tools and their characteristics as well as review a case study. In the case study, decision support tools facilitated development of strategies that increased after tax profit by $140 Million. These strategies included: • Reliability improvement strategy: Identifying the reliability improvements that offered the biggest profitability impact. • Supply chain strategy: Defining inventory management and production scheduling rules that ensured order shipment within two days. • Capital investment strategy: Defining when new capacity should come on line as well as the minimum capital investment.

ERP and SCM Integration

2013 ◽  
Vol 9 (2) ◽  
pp. 106-124 ◽  
Author(s):  
Shereen Mekawie ◽  
Ahmed Elragal
Keyword(s):  
Supply Chain ◽  
Performance Measures ◽  
Enterprise Resource Planning ◽  
Business Performance ◽  
Business Processes ◽  
Resource Planning ◽  
Research Approach ◽  
Types Of Information ◽  
Business Performance Measures

Organizations rely on various types of information systems (IS) to manage day-to-day business and make decisions such as enterprise resource planning (ERP) and supply chain management (SCM) systems. Organizations rely on ERP systems to replace their legacy systems, integrate core business processes and to help adding value and increasing visibility. Additionally, SCM systems help organizations to enhance relationships with supply chain members. It is essential for organizations to measure their business performance by taking into consideration intra-organizational and inter-organizational indicators. Therefore, the integration between ERP and SCM systems is a key to enable more business performance; that were otherwise hidden. Accordingly, the motive for this paper is to study the influence of ERP-SCM integration on enabling more business performance measures. For this reason, a business performance measures framework was constructed and then tested on two organizations using multi-case study qualitative research approach. Analysis results indicated that integrating ERP and SCM systems would render more performance measures and hence enable better and wider-scope evaluation. Consequently, managers are more informed and accordingly are able to make high quality decisions.

Online procurement: implementation and managerial implications

2000 ◽  
Vol 19 (2) ◽  
pp. 105-110
Author(s):  
Binshan Lin ◽  
Chang-tseh Hsieh
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Enterprise Resource Planning ◽  
Implementation Process ◽  
Resource Planning ◽  
Major Purpose ◽  
Chain Management ◽  
Managerial Implications ◽  
The Impact

The major purpose of this paper is to address some online procurement implementation issues and provide managerial implications on leveraging enterprise resource planning (ERP) investment by extending the functionality into the supply chain. In this paper we discuss issues related to the benefits gained and caveats of effective online procurement, implementation process, managerial implications, and the impact of online procurement on supply chain management. These issues are explored in the paper using a case study.

scholarly journals A DECISION-MAKING MODEL FOR ADOPTION OF ENTERPRISE RESOURCE PLANNING TOOLS BY SMALL-TO-MEDIUM SIZE CONSTRUCTION ORGANIZATIONS / SPRENDIMŲ PRIĖMIMO MODELIS, TAIKOMAS ĮMONĖS IŠTEKLIŲ PLANAVIMO PRIEMONĖMS PARINKTI MAŽOSE IR VIDUTINĖSE STATYBOS ORGANIZACIJOSE

2012 ◽  
Vol 18 (2) ◽  
pp. 253-264 ◽  
Author(s):  
Sam S. Negahban ◽  
Gregory B. Baecher ◽  
Miroslaw J. Skibniewski
Keyword(s):  
Decision Making ◽  
Enterprise Resource Planning ◽  
Resource Planning ◽  
Medium Size ◽  
Road Map ◽  
Construction Organizations ◽  
Enterprise Resource Planning Systems ◽  
Potential Benefits ◽  
Decision Making Model

Enterprise Resource Planning (ERP) utilization in the construction industry has been limited to large organizations. Significant numbers of construction organizations that have either failed in their efforts to adopt this technology or are not familiar with it are the Small-to Mid-Size Construction Organizations (SMSCOs). Failure in or refusal to adopt ERP by this group, despite all its potential benefits, was the problem addressed in this research. We propose a decision-making model which organizations could utilize to adopt Enterprise Resource Planning Systems. After a careful review of existing technology models, a new ERP Adoption Model (EAM) has been formulated and projected. This model has incorporated new elements that have been set as its new decision-making core. Furthermore, weidentified and ranked the prohibitive criteria that were at play and prevented SMSCO members from successfully adopting and implementing ERP systems in order to increase the understanding of their impact on EAM's processes. Finally, weconducted a case study to analyze the decision-making process of EAM implementation by SMSCOs. ERP AdoptionModel (EAM) provides a decision-making tool that construction organizations can use as a road map. Santrauka Įmonės ištekliai buvo planuojami tik didelėse statybos organizacijose. Daugelis statybos organizacijų, kurios arba nesugebėjo pritaikyti šios technologijos, arba nėra susipažinusios su ja, yra mažos ir vidutinio dydžio statybos organizacijos. Ne-sugebėjimas pritaikyti arba atsisakymas naudoti įmonės išteklių planavimą nepaisant visų jo pranašumų – problema, kuri ir sprendžiama šiame tyrime. Siūlomas sprendimų priėmimo modelis, kurį organizacijos galėtų taikyti įmonės išteklių planavimo sistemoms pasirinkti. Naujas įmonės išteklių planavimo pasirinkimo modelis buvo suformuluotas ir parengtas, prieš tai nuodugniai išanalizavus esamus modelius. Į šį modelį buvo įtraukta naujų elementų, kurie ir sudarė naujo sprendimų priėmimo modelio esmę. Be to, identifikuoti ir nustatyti prioritetai tų kriterijų, kurie trukdė mažoms ir vidutinio dydžio statybos organizacijoms sėkmingai taikyti ir įgyvendinti įmonės išteklių planavimo sistemas, siekdami pagerinti šių kriterijų poveikio įmonės išteklių planavimo procesams supratimą. Galiausiai atliktas tyrimas, kurio tikslas – išanalizuoti įmonės išteklių planavimo sprendimų priėmimo procesą mažose ir vidutinio dydžio statybos organizacijose. Įmonės išteklių planavimo pasirinkimo modelis yra sprendimų priėmimo priemonė, kurią statybos organizacijos gali naudoti tarsi kelių žemėlapį.

scholarly journals Advantage of Collaboration Workflows in the Automotive Supply Chain: Case Study on the Automotive Cluster of Slovenia

2014 ◽  
Vol 13 (4) ◽  
pp. 4422-4429
Author(s):  
Simon Oman
Keyword(s):  
Supply Chain ◽  
Open Source ◽  
Enterprise Resource Planning ◽  
Process Management ◽  
Resource Planning ◽  
Global Market ◽  
Business Partners ◽  
Automotive Supply Chain ◽  
Automotive Supply

Strengthening of collaboration among individual business partners has proved essential for the structuring of Slovenian economy and enhancing competitive advantage on the global market. At the same time, ontology, as an important concept of business collaboration among individual business partners, has been proposed for the collaboration of information systems in the supply chain. The present paper presents a case study of internet-based collaboration workflows in the automotive supply chain. Furthermore, the paper reveals a prototype solution, describing a concept of integration between the Enterprise Resource Planning (ERP) and open source business process management software. The partners in the Automotive Cluster of Slovenia (ACS), striving to make use of internet services in their operations, are consequently allowed to integrate into the supply chain. The result ensures that the competitiveness of small and medium-sized enterprises (SMEs) does not depend on internal IT infrastructure although their IT collaboration is supported by open source collaborative workflows.

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