The Board-Executive Imperative

Author(s):  
Usman A. Ghani

This chapter provides a fresh outlook for supply chain optimization by advocating the involvement of boards and top-teams that are uniquely positioned to address a confluence of three strategic responsibilities of a firm: scope and significance; people and culture; and measures and metrics. It provides a holistic corporate context and grapples with tougher issues often deferred or stalled as other initiatives or crises grab corporate attention. This chapter introduces his frameworks and guidelines and selective examples of success and failure in implementation. This chapter assigns primary responsibility for supply chain strategy senior executives. It observes these areas as gradually becoming too operationalized, even commoditized, with local efficiencies emphasized at the cost of gradual overall ineffectiveness. It also dispels six myths that have taken root over time, highlighting their impact and substituting these with today's realities. To make this work more practical, this chapter shares first-hand examples of supply chain practices.

Significance The Petrobras case ('Operation Car Wash') has led to the arrest of several of Brazil's most senior executives in the construction, infrastructure and engineering sectors (thus far involving 23 companies). This has had an immediate impact on infrastructure developments as well as on Petrobras' entire supply chain -- estimated to account for about 10% of GDP. Several major infrastructure projects have slowed or stopped completely, putting additional strain on recovery hopes. Impacts Over time, economic recovery will encourage the opposition to insist on a change in political leadership in 2018. Rousseff should survive if she is not directly implicated in wrongdoing at Petrobras. Investigations into irregularities at state banks could still prompt further blowback.


2020 ◽  
Vol 12 (6) ◽  
pp. 2203 ◽  
Author(s):  
Shan Yu ◽  
Qiang Hou ◽  
Jiayi Sun

Climate change and greenhouse gas emission reduction have become common concerns. Carbon trading systems and low-carbon cost subsidies are important emission reduction measures. Impacts of a combination of the two policies on micro-supply chain emission-reduction technology investment have become a focal research area. This paper: (1) constructs an investment game model based on cost-sharing coordination under a cost subsidy between manufacturers and retailers; (2) examines the equilibrium strategy and optimal results according to the interests and game relationships of each stakeholder; and (3) explores the effectiveness of supply chain enterprise behavior based on cost-sharing coordination under the cost subsidy. This paper uses a numerical simulation method to compare the path evolution under different scenarios and to analyze the sensitivity of parameters, identifying the influence of various parameters on the general structure and pathways. The study finds that the cost subsidy policy has a regulatory effect on enterprise emission reduction investment and enterprise profit under a carbon trading system, and the difference caused by the regulation effect is enhanced over time. The study also shows that the dynamic path of each parameter strengthens over time.


2011 ◽  
Vol 201-203 ◽  
pp. 1135-1140
Author(s):  
Ru Ying Pang ◽  
Da Cheng Liu ◽  
Qiang Li

In order to make response rapidly for customization demand and reduce the cost, this paper studied the due date strategies between MTS stage and MTO stage of mass customization supply chain. We consider the sequencing and due date of a series of orders that arrive at MTO stage over time. Using of queuing theory, the paper puts forward SPTA-DE algorithm which is the on-line heuristic algorithm of orders scheduling and due date quotation. And, the paper make comparative analyses on the due date and cost for the SPTA- DE heuristic algorithm and FCFS algorithm under the various control parameters, and draws constructive conclusions.


Author(s):  
Kanika Gandhi ◽  
P. C. Jha

Supplier selection is one of the most important decisions within SCM since suppliers have emerged as value adding partners in industrial relationship. In the current study, supplier selection on the basis of information pertaining to quality and delivery time is explained. The cost aspects are taken care while coordinating procurement and distribution in the echelons. The deteriorating nature of the product creates imprecision in demand and fuzziness in different stages of the coordination. A fuzzy bi-objective mixed integer non-linear model is developed, where the first objective minimizes the combined cost of holding, processing, and transportation in all the echelons and the second objective maximizes combination of lot acceptance percentage and on-time delivery percentage. The solution process converts the model into crisp form and solves using a fuzzy goal programming technique.


2003 ◽  
Author(s):  
M. Spano ◽  
P. Toro ◽  
M. Goldstein
Keyword(s):  
The Cost ◽  

Author(s):  
Matthew Hindman

The Internet was supposed to fragment audiences and make media monopolies impossible. Instead, behemoths like Google and Facebook now dominate the time we spend online—and grab all the profits from the attention economy. This book explains how this happened. It sheds light on the stunning rise of the digital giants and the online struggles of nearly everyone else—and reveals what small players can do to survive in a game that is rigged against them. The book shows how seemingly tiny advantages in attracting users can snowball over time. The Internet has not reduced the cost of reaching audiences—it has merely shifted who pays and how. Challenging some of the most enduring myths of digital life, the book explains why the Internet is not the postindustrial technology that has been sold to the public, how it has become mathematically impossible for grad students in a garage to beat Google, and why net neutrality alone is no guarantee of an open Internet. It also explains why the challenges for local digital news outlets and other small players are worse than they appear and demonstrates what it really takes to grow a digital audience and stay alive in today's online economy. The book shows why, even on the Internet, there is still no such thing as a free audience.


2020 ◽  
pp. 77-90
Author(s):  
V.D. Gerami ◽  
I.G. Shidlovskii

The article presents a special modification of the EOQ formula and its application to the accounting of the cargo capacity factor for the relevant procedures for optimizing deliveries when renting storage facilities. The specified development will allow managers to take into account the following process specifics in the format of a simulated supply chain when managing inventory. First of all, it will allow considering the most important factor of cargo capacity when optimizing stocks. Moreover, this formula will make it possible to find the optimal strategy for the supply of goods if, also, it is necessary to take into account the combined effect of several factors necessary for practice, which will undoubtedly affect decision-making procedures. Here we are talking about the need for additional consideration of the following essential attributes of the simulated cash flow of the supply chain: 1) time value of money; 2) deferral of payment of the cost of the order; 3) pre-agreed allowable delays in the receipt of revenue from goods sold. Developed analysis and optimization procedures have been implemented to models of this type that are interesting and important for a business. This — inventory management systems, the format of which is related to the special concept of efficient supply. We are talking about models where the presence of the specified delays for the outgoing cash flows allows you to pay for the order and the corresponding costs of the supply chain from the corresponding revenue on the re-order interval. Accordingly, the necessary and sufficient conditions are established based on which managers will be able to identify models of the specified type. The purpose of the article is to draw the attention of managers to real opportunities to improve the efficiency of inventory management systems by taking into account these factors for a simulated supply chain.


2013 ◽  
pp. 532-538 ◽  
Author(s):  
Muhammad Kadwa ◽  
Carel N Bezuidenhout

The Eston Sugar Mill is the newest in the South African KwaZulu-Natal sugar belt. Like most other mills, it can be argued that there are inefficiencies in the supply chain due to systematic issues, which reduce optimum performance. It was alleged that mill processes are slowed, or stopped, on Sundays, Mondays, as well as some Tuesdays and Wednesdays, due to pay-weekends, because of the associated cutter absenteeism. This increases the length of the milling season (LOMS), increases milling costs and reduces the average cane quality for the season. Data on cane deliveries to the Eston Mill, over a period of five seasons, were analysed to study the magnitude of the problem. It was statistically verified that cane shortages occur immediately after payweekends and it was conservatively estimated that cutter absenteeism occurs between 25–29 days per season, which increases the LOMS by six to ten days. The associated cost of this problem equated to an average of US$159,500 (approximately EUR120,000) per milling season. In this paper, an alternative harvesting system scenario is suggested, assuming that mechanical harvesters be used after a pay-weekend, to mitigate the impacts of cutter shortages. However, the solution is calculated to be risky. When the cost of new equipment was considered, only two of the five seasons were able to justify the associated costs.


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