Optimal Strategy Selection in a Supply Chain

2018 ◽  
pp. 231-250
Author(s):  
Ömer Faruk Gürcan ◽  
Ahmet Erdoğan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Optimal Strategy ◽  
Market Force ◽  
Chain Management ◽  
Supply Chain Strategy ◽  
Customer Preferences ◽  
Road Map ◽  
The Right ◽  
Selection Of

Uncertainties and unpredictability in the market force companies to develop strategies which enable them to perform better than their competitors. Developing proper strategies for a supply chain is crucial. Strategies are affected by the nature of the firm's products or services, customer preferences, operations, process design of the firm, etc. Companies should form adaptive supply chain strategies which enable them to be resilient and flexible enough in the flow of materials, products, information, and money along the supply chain. There are many studies about supply chain management and supplier selection in the literature. However, the number of studies about the selection of the right supply chain strategy are very limited. This study presents the components which help to constitute a supply chain strategy and classify the supply chain strategies described in the literature. Lastly, it offers a strategy and criteria matrix which can be used as a road map for selecting the most appropriate supply chain strategy by firms.

An Evaluation and Scenario Analysis of the Representative Supply Chain Management Software

2011 ◽  
pp. 76-91
Author(s):  
Ruiliang Yan ◽  
Zhongxian Wang ◽  
Ruben Xing
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Business Environment ◽  
Competitive Advantages ◽  
Analytic Hierarchy ◽  
Chain Management ◽  
Software Packages ◽  
The Right ◽  
Hierarchy Process ◽  
A Company

Supply Chain Management (SCM) has proven to be an effective tool that aids companies in the development of competitive advantages. SCM Systems are relied on to manage warehouses, transportation, trade logistics and various other issues concerning the coordinated movement of products and services from suppliers to customers. Although in today’s fast paced business environment, numerous supply chain solution tools are readily available to companies, choosing the right SCM software is not an easy task. The complexity of SCM systems creates a multifaceted issue when selecting the right software, particularly in light of the speed at which technology evolves. In this chapter, we use the approach of Analytic Hierarchy Process (AHP) to determine which SCM software best meets the needs of a company. The AHP approach outlined in this paper can be easily transferred to the comparison of other SCM software packages.

Web-Based Supply Chain Strategy

2005 ◽  
pp. 3085-3089
Author(s):  
Hanns-Christian L. Hanebeck
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Management ◽  
Process Performance ◽  
Market Demand ◽  
Web Based ◽  
Chain Management ◽  
Supply Chain Strategy ◽  
Package Design ◽  
Demand Planning

Supply chain management is a fairly new creature and one that has evolved out of a variety of different enterprise functions over the past two decades. Traditionally, the majority of activities within supply chain management were related to the physical transport of goods from one point to another. Today, we understand supply chain management to include a broader range of activities such as demand planning, purchasing, warehousing, and transportation at the very least. Many authors will also throw production, product, and package design as well as marketing into the definition (Dornier et al., 1998; Schary & Skjøtt-Larsen, 2001; Taylor, 1997; Gourdin, 2001). For the context of this article, we refer to supply chain management as activities that are related to the planning and fulfillment of market demand. All of the activities within supply chain management can be performed by one or more than one legal entity. We further understand supply chain management as a business process rather than a function or department within a given company. Figure 1 below illustrates the set of core and potential activities as well as supporting ones such as process, performance, and information management.

scholarly journals Logistics Information Systems (LIS) on the Go-Mobile Apps and Social Media

2015 ◽  
Vol 7 (4) ◽  
pp. 64-73
Author(s):  
Hermann Gruenwald
Keyword(s):  
Social Media ◽  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Global Supply Chain ◽  
Smart Phones ◽  
Chain Management ◽  
The Past ◽  
Planning Software ◽  
The Right

Logistics has evolved over the past few decades from transportation and warehousing to global Supply Chain Management (SCM). This requires the coordination of the flow of material, money and information. The velocity of doing business has increased and manual operations have been automated. Modern Logistic Information Systems (LIS) with all its logistics related sub systems are replacing muscle power with brain power and pencil and paper with smart phones and social media. The virtual aspect of logistics has become equally important to the physical realm of transportation and warehousing. Supply Chain Management (SCM) deals with getting the right stuff to the right people at the right time in the right amount. To accomplish this task there are a number of more or less integrated logistics software application. Demand forecasting models based on historical data from data marts and data warehouses with built in seasonality and pricing models. Load planning software to appropriately palletize, containerize and load trucks, trains and vessels. Route planning software with real time traffic and weather updates combined with Global Positioning Systems (GPS) to reduce transportation time and fuel costs. Warehouse Management Systems (WMS) to receive, put-away, store, receive and marshal the shipment. Electronic documents accompany the shipment from purchase order, letter of credit to customs clearing and back-haul charges. While these applications in the past have been mostly desktop applications used in the office at the management level, the move is to mobile applications. The footprint of LIS is getting smaller and is moving from the desktop to the Smartphone. At the core of any logistic information systems (LIS) is electronic communication. With the advent of the internet and social media personal communication has taken on other forms. With smart phones and tablets like the I-Phone and I-Pad e-commerce advanced to m-commerce. While technology enables the global supply chain, how do future logistics professionals feel about applying this cutting edge communication technology in their personal and professional lives? This quantitative study compares the aptitude of Thai logistics management students towards the use of social media and modern mobile telecommunication technology in their personal lives and in the context of professional use in connection with logistics information systems (LIS).

scholarly journals Route planning module as a part of Supply Chain Management system

2012 ◽  
Vol 60 (2) ◽  
pp. 135-142 ◽  
Author(s):  
Michal Košíček ◽  
Radek Tesař ◽  
František Dařena ◽  
Roman Malo ◽  
Arnošt Motyčka
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Route Planning ◽  
Planning System ◽  
Functional Requirements ◽  
Chain Management ◽  
Functional Specification ◽  
Supply Chain Management System ◽  
Basic Features ◽  
The Right

Today, the demand for creating a systematic approach for managing sales, ordering, and logistics has increased. Supply Chain Management (SCM) is one of the responses to problems that have arose with the need for managing complex supply chains. Nowadays, most of the activities of Supply Chain Management is realized or supported with computing technologies. Route planning is an important part of Supply Chain Management related to both procurement and distribution. Route planning systems specify the sequences in which the selected transport vehicles should supply the demand points by requested quantities of goods at the right time. The paper is focused on the analysis of a route planning system which could be used as a part of Supply Chain Management information system or as a standalone application. It describes basic techniques and frameworks of transportation problems as well as important functional requirements, considering recent trends in the field of distribution planning. As a result, functional specification of basic features and other components of system are provided. The paper is a result of a joint initiative of the authors and a vendor of business information systems.

Strategic Perspectives of the Digital Supply Chain

2019 ◽  
pp. 1-16
Author(s):  
Hanns-Christian L. Hanebeck
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Competitive Advantage ◽  
Corporate Strategy ◽  
Process Data ◽  
Chain Management ◽  
Strategic Objectives ◽  
Supply Chain Strategy ◽  
Strategic Approach ◽  
Look Back

Supply chain management is one of the oldest aspects of human commerce. It has been around for as long as we can look back in history, and yet, we still have a very limited understanding of what strategic supply chain management entails or constitutes. A strategic approach to supply chain management necessarily needs to consider wider corporate strategic objectives and initiatives, while it has to contribute to the achievement of these goals as all other managerial functions do. We further differentiate between strategic supply chain management, when the supply chain function provides unique competitive advantage and supply chain strategy, when it takes on a supporting role to corporate strategy. The authors develop a case for strategic supply chain management based on edge computing applications through IoT sensors such as GPS or RFID to illustrate that supply chain practitioners need to fundamentally rethink the way current supply chain systems process data and information and also that the approach to collaboration between supply chain partners changes drastically.

A Relative Comparison of Leading Supply Chain Management Software Packages

2009 ◽  
pp. 2547-2563
Author(s):  
Zhongxian Wang ◽  
Ruiliang Yan ◽  
Kimberly Hollister ◽  
Ruben Xing
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Business Environment ◽  
Competitive Advantages ◽  
Analytic Hierarchy ◽  
Chain Management ◽  
Software Packages ◽  
The Right ◽  
Hierarchy Process ◽  
A Company

Supply Chain Management (SCM) has proven to be an effective tool that aids companies in the development of competitive advantages. SCM Systems are relied on to manage warehouses, transportation, trade logistics and various other issues concerning the coordinated movement of products and services from suppliers to customers. Although in today’s fast paced business environment, numerous supply chain solution tools are readily available to companies, choosing the right SCM software is not an easy task. The complexity of SCM systems creates a multifaceted issue when selecting the right software, particularly in light of the speed at which technology evolves. In this paper, we use the approach of Analytic Hierarchy Process (AHP) to determine which SCM software best meets the needs of a company. The AHP approach outlined in this paper can be easily transferred to the comparison of other SCM software packages.

Lean Logistics in the 2020s and a Cast Study About Logistics and Supply Chain Management in Toyota Boshoku Turkey

2020 ◽  
pp. 276-315
Author(s):  
Ibrahim Cil ◽  
Halil Ibrahim Demir ◽  
Berfin Yaman
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Business Practice ◽  
Theoretical Research ◽  
Chain Management ◽  
Practical Applications ◽  
Lean Logistics ◽  
Business Functions ◽  
The Right

Logistics, getting the right product in the right place at the right time to the right customer, is one of the most important functions in large companies. Toyota is one of the world's leading companies in many aspects of successful business practice, particularly in logistics. The techniques developed in the company since the 1950s provide a competitive advantage to Toyota and provide efficiency in many business functions with supply chain management. For that reason, it is imperative to understand how lean logistics practices are applied in the Toyota Boshoku Turkey(TBT). This chapter examines practical logistics applications in TBT, one of the suppliers of Toyota located outside of Japan. In addition to theoretical research, it is also important that practical applications in enterprises such as a Toyota plant contribute to the literature. Consequently, as a case study, discussion and explanation of logistics and supply chains of TBT will spark reader interest.

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