Supply Chain Disruptions and Best-Practice Mitigation Strategies

2012 ◽  
pp. 831-844
Author(s):  
Adenike Aderonke Moradeyo
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Best Practice ◽  
Supply And Demand ◽  
Mitigation Strategies ◽  
Supply Chain Disruptions ◽  
Chain Management ◽  
Best Practice Guidelines ◽  
Supply Chain Relationships ◽  
Fortune 1000

This paper reviews the supply chain management literature to summarize best-practice guidelines for mitigating supply problems. Very few studies in the extant literature focused on matching a strategy for both the supply and demand perspective. Case studies of supply chain management have traditionally focused on single companies, and especially on successful organizations rather than on the demand-supply-chain relationships (which involve at least two companies). Therefore, this study considers the experiences of the author, and researchers several well-known profitable fortune 1000 supply chain companies, to determine which supply chain mitigation strategies work best in complex situations.

Supply Chain Disruptions and Best-Practice Mitigation Strategies

2012 ◽  
Vol 1 (3) ◽  
pp. 45-58
Author(s):  
Adenike Aderonke Moradeyo
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Best Practice ◽  
Supply And Demand ◽  
Mitigation Strategies ◽  
Supply Chain Disruptions ◽  
Chain Management ◽  
Best Practice Guidelines ◽  
Supply Chain Relationships ◽  
Fortune 1000

This paper reviews the supply chain management literature to summarize best-practice guidelines for mitigating supply problems. Very few studies in the extant literature focused on matching a strategy for both the supply and demand perspective. Case studies of supply chain management have traditionally focused on single companies, and especially on successful organizations rather than on the demand-supply-chain relationships (which involve at least two companies). Therefore, this study considers the experiences of the author, and researchers several well-known profitable fortune 1000 supply chain companies, to determine which supply chain mitigation strategies work best in complex situations.

scholarly journals Auction models with resource pooling in modern supply chain management

2019 ◽  
Vol 1 (2) ◽  
pp. 120-134
Author(s):  
Lihua Chen ◽  
Liying Wang ◽  
Yingjie Lan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Incentive Compatibility ◽  
Supply And Demand ◽  
Vickrey Auction ◽  
Chain Management ◽  
Content Type ◽  
Resource Pooling ◽  
Auction Models ◽  
Auction Model

Purpose In this paper, the main focus is on supply and demand auction systems with resource pooling in modern supply chain from a theoretical modeling perspective. The supply and demand auction systems in modern supply chains among manufacturers and suppliers serve as information sharing mechanisms. The purpose of this paper is to match the supply and demand such that a modern supply chain can achieve incentive compatibility and economic efficiency. The authors design such a supply and demand auction system that can integrate resources to efficiently match the supply and demand. Design/methodology/approach The authors propose three theoretic models of modern supply chain auctions with resource pooling according to the Vickrey auction principle. They are supply auction model with demand resource pooling, demand auction model with supply resource pooling, and double auction model with demand and supply resource pooling. For the proposed auction models, the authors present three corresponding algorithms to allocate resources in the auction process by linear programming, and study the incentive compatibility and define the Walrasian equilibriums for the proposed auction models. The authors show that the solutions of the proposed algorithms are Walrasian equilibriums. Findings By introducing the auction mechanism, the authors aim to realize the following three functions. First is price mining: auction is an open mechanism with multiple participants. Everyone has his own utility and purchasing ability. So, the final price reflects the market value of the auction. Second is dynamic modern supply chain construction: through auction, firm can find appropriate partner efficiently. Third is resources integration: in business practices, especially in modern supply chain auctions, auctioneers can integrate resources and ally buyers or sellers to gain more efficiency in auctions. Originality/value In the paper, the authors propose three theoretic models and corresponding algorithms of modern supply chain auctions with resource pooling according using the Vickrey auction principle, which achieves three functions: price mining, dynamic modern supply chain construction and resources integrating. Besides, these proposed models are much closer to practical settings and may have potential applications in modern supply chain management.

scholarly journals Supply Chain Management and the Covid-19 Outbreak: Optimizing its Role for Indonesia

2020 ◽  
Vol 3 (2) ◽  
pp. 196-202
Author(s):  
Siti Amalia ◽  
Dio Caisar Darma ◽  
Siti Maria
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Supply And Demand ◽  
Chain Model ◽  
Chain Management ◽  
New Normal ◽  
Food Supply Chains ◽  
Long Time ◽  
Demand Patterns

At the beginning of the emergence of Covid-19, there was panic buying in Indonesia which caused an unusual situation in supply management. Although the handling of this epidemic has entered a "new normal", the availability of stocks of electronics, automotive, pharmaceuticals, food, and others is running low and out of control, so supply chain management is needed. The purpose of this article is to try to see the extent of the transformation in supply and demand in Indonesia. With this in-depth literature, the supply chain model is likely to transform globally, given that many companies are confused about management being unable to cope with drastic changes in the market. The demand patterns over the past period indicate a shift from offline to online storefronts. Even though it has now entered a transition to a new normal and shopping outlets are slowly opening up, online shopping or demand patterns are predicted to last a long time. Therefore, supply chain actors, especially farmers, logistics entrepreneurs, and shipping services, inevitably have to be able to quickly adapt to changing patterns in Indonesia. There is an imbalance between the demand and supply sides. Food supply chains tend to be unique in comparison to the supply chains of other products and services.

Managing the Network of Supply and Demand at AGL Energy

2018 ◽  
pp. 1-12
Author(s):  
Tim Coltman ◽  
Peter Reynolds ◽  
Frank Schlosser ◽  
Alan Thorogood
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Real Time ◽  
Supply And Demand ◽  
Price Variability ◽  
Chain Management ◽  
Customer Churn ◽  
The World ◽  
World Demand

AGL Energy operates in one of the most fiercely competitive markets in the world. Demand is volatile with high customer churn rates and supply procurement is real time with huge price variability. These characteristics make supply chain management difficult and the case study describes how information is used to match supply with demand.

scholarly journals Benchmarking supply chain management practices in a South African confectionery manufacturing organisation

2015 ◽  
Vol 9 (1) ◽  
Author(s):  
Orestes Peristeris ◽  
Peter J. Kilbourn ◽  
Jacobus Walters
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
South African ◽  
Best Practice ◽  
Management Practices ◽  
Business World ◽  
Chain Management ◽  
High Level ◽  
Practice Framework

Background: In an increasingly competitive business world, businesses need to be able to measure the effectiveness of their supply chain management process practices against proven best practice frameworks. A number of these frameworks exist internationally but have to be used within the context of knowing the relative strengths and weaknesses of potential benchmarking frameworks. Two such frameworks were identified in the research and a case was made to use one such framework, the Global Supply Chain Forum (GSCF) framework, to measure the effectiveness of the supply chain practices of a leading confectionery manufacturing company in South Africa.Objective of the research: The purpose of the research was to identify an international best practice framework, which could be used by South African manufacturing organisations to benchmark their supply chain management (SCM) practices.Methodology: The methodology followed was a literature review of the existing SCM frameworks to identify a framework, which would be the most suited to the objective of the study, followed by a case study of a leading manufacturing organisation’s SCM practices benchmarked against those found in the framework.Results and conclusions: The main finding of the case study was that there is a high degree of adherence between the case study organisation’s SCM practices and those found in the SCM framework. There was also generally a high level of importance ascribed by respondents to the best practices contained by the GSCF framework. It was therefore concluded that the GSCF framework proved to be a useful instrument for a comprehensive analysis of supply chain management processes and practices for a manufacturer in the fast moving consumer goods industry, with potential for applications by organisations in the supply chains of other industries.

scholarly journals Analisis Risiko Pada Rantai Pasok Industri Minuman Siap Saji Jus Buah Dengan Pendekatan SCOR-FMEA

2021 ◽  
Vol 13 (1) ◽  
pp. 73
Author(s):  
Sawarni Hasibuan ◽  
Hermawan Thaheer ◽  
Joko Supono ◽  
Irhamni Irhamni
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Fruit Juice ◽  
Risk Mitigation ◽  
High Growth ◽  
Mitigation Strategies ◽  
Primary Data ◽  
Management Approach ◽  
Chain Management ◽  
Beverage Industry

The beverage industry is one of the leading national industries with high growth and a very tight level of competition. The risk supply chain management approach is one of the driving factors for the sustainability of the industrial supply chain. The purpose of this study is to analyze the risk supply chain management to support the sustainability of the beverage industry supply chain in the case of fruit juice beverage products. The data used in this study consisted of primary data and secondary data. Primary data obtained from distributing questionnaires, interviews and field observations. The respondents of this research are the beverage industry supply chain stakeholders. This research combines qualitative and semi-quantitative approaches. Qualitative analysis is conducted to describe activities and risks in the beverage industry supply chain. Risk analysis is carried out using a semi-quantitative approach. The risk evaluation in the supply chain of the fruit juice beverage industry combines the SCOR-FMEA method. The risks that are classified as High and Priority are then analyzed by using the Fishbone Diagram as a reference for formulating risk mitigation strategies for the sustainability of the supply chain for the juice beverage industry.

scholarly journals Entrepreneurial networking in supply chain relationships in the automotive component industry

2011 ◽  
Vol 11 (1) ◽  
Author(s):  
R. C. O’Neill ◽  
M. J. Naude
Keyword(s):  
South Africa ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Global Market ◽  
Theoretical Base ◽  
Chain Management ◽  
Automotive Component ◽  
Supply Chain Relationships ◽  
Automotive Component Industry ◽  
Entrepreneurial Networking

Purpose: The point of departure in this article is that the principles that underpin entrepreneurial networking also apply to the establishment of supply chain relationships. The theoretical base for the need for entrepreneurial networking can be found in Kirzner's theory of entrepreneurship that argued that entrepreneurs identify and act upon profit opportunities that exist in disequilibrium in order to equilibrate the economy. Problem investigated: This article explores the possibility of implementing entrepreneurial networking in supply chain relationships in the automotive component industry. Methodology: Kirzner's theory is used as a theoretical base to support the case for the development of supply chain relationships. The literature with regard to supply chain management and its relevance to entrepreneurial networking is first dealt with. The case for implementing entrepreneurial networking to strengthen supply chain relationships in the automotive component industry in South Africa is then presented.Findings: The findings of this article indicate that the principles underlying entrepreneurial networking could be applied to supply chain relationships in the automotive component industry in South Africa. The argument is mainly based on the sustainability and profitability potential of entrepreneurial networking and the similarities that exist between entrepreneurial networking and supply chain management relationships. Originality: This research is original as it explores the possibility that the principles that underpin entrepreneurial networking also apply to the establishment of supply chain relationships in the automotive component industry. Furthermore, there is a need for published research in South Africa on supply chain management, particularly relationships within the supply chain.Conclusion: Based on the sustainability and profitability potential of entrepreneurial networking and the similarities that exist between entrepreneurial networking and supply chain relationships, the principles underlying entrepreneurial networking can be applied to supply chain relationships in the automotive component industry in South Africa. The unique challenges facing this industry in the current global market further strengthen the case for the implementation of entrepreneurial networking.

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