Transformative Analytics and Logistics Pricing

Author(s):  
Jeffrey Drue Peck Jr. ◽  
Michael S. Gendron ◽  
Tera Black

Raw materials and products are moved and created globally through complex supply chains. Within those supply chains, logistics is what enables the goods to move through distribution and reach the end consumer. Being such a widely used process, this is what motivates the researchers to examine the logistics portion of the supply chain from an analytical perspective and attempt to determine the relationship between various market forces and their impact on the cost of logistics. This will be accomplished with transformative analytics techniques, such as multivariate regression modeling focusing on areas such as directionality and precipitation. That should enable logistics managers, researchers, and others to better understand the factors that go into the cost of logistics services, and thus impact pricing of goods dependent on those services. In a world where logistics managers rely heavily on “gut feel,” utilizing business intelligence and analytics can better enable decision making.

2017 ◽  
Vol 8 (1) ◽  
pp. 40-54
Author(s):  
Jeffrey Drue Peck Jr ◽  
Michael S Gendron ◽  
Tera Black

Raw materials and products are moved and created globally through complex supply chains. Within those supply chains, logistics is what enables the goods to move through distribution and to the end consumer. This is what motivates the researchers to examine the logistics portion of the supply chain and attempt to determine the relationship between various market forces and their impact on the cost of logistics. This will be accomplished with transformative analytics techniques, such as multivariate regression modeling, that should enable logistics managers, researchers, and others to better understand the cost of logistics services, and thus impact pricing of goods dependent on those services. In a world where logistics managers rely heavily on “gut feel”, utilizing business intelligence and analytics can better enable decision making.


Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.


2018 ◽  
pp. 1424-1461
Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.


2020 ◽  
Vol 11 (SPL1) ◽  
pp. 1054-1057
Author(s):  
Bindu Swetha Pasuluri ◽  
Anuradha S G ◽  
Manga J ◽  
Deepak Karanam

An unanticipated outburst of pneumonia of inexperienced in Wuhan, , China stated in December 2019. World health organization has recognized pathogen and termed it COVID-19. COVID-19 turned out to be a severe urgency in the entire world. The influence of this viral syndrome is now an intensifying concern. Covid-19 has changed our mutual calculus of ambiguity. It is more world-wide in possibility, more deeply , and much more difficult than any catastrophe that countries and organizations have ever faced. The next normal requires challenging ambiguity head-on and building it into decision-making. It is examined that every entity involved in running supply chains would require through major as employee, product, facility protocols, and transport would have to be in place. It is an urgent need of structuring to apply the lessons well-read for our supply chain setup. With higher managers now being aware of the intrinsic hazards in their supply chain, key and suggestions-recommendations will help to guide leader to commit to a newly planned, more consistent supply chain setup. Besides, the employees’ mental health is also a great concern.


2019 ◽  
Vol 4 (1) ◽  
pp. 30
Author(s):  
Neno Pratiwi ◽  
Andre Setiawan ◽  
Ilmi Cayono ◽  
Johan Trinanto

ABSTRAK Pada umumnya harga pokok produksi dalam akuntansi diartikan dengan jumlah biaya dari seluruh pemakaian yang telah dilakukan selama proses produksi atau kegiatan yang mana mengubah bahan baku menjadi produk jadi (produk siap pakai/siap saji). Tujuan penting dalam tugas ini yaitu memperhitungkan harga pokok produksi dari UD Mulya Jaya dengan menggunakan pendekatan variabel costing untuk mengetahui besarnya harga pokok pada setiap produk yang diproduksi. Pentingnya penentuan harga pokok produksi dapat dilakukan sebelum para usaha menentukan harga jual. Pendampingan ini bertujuan untuk membantu mencari dan menentukan harga pokok produksi yang dapat digunakan untuk menetapkan harga jual. Pendampingan ini dilakukan untuk membantu wirausaha dalam program kerja, yaitu bimbingan akuntansi dengan fokus perhitungan harga pokok produksi. Dalam menentukan harga pokok produksi pada UD Mulya Jaya dapat menggunakan pendekatan variable costing yang biasanya metode ini digunakan untuk semacam pengambilan keputusan dalam perusahaan. Melalui program pendampingan kewirausahaan didapatkan hasil perhitungan harga pokok produksi yang menggunakan pendekatan variabel costing. Hasil tersebut dapat menjadi suatu keputusan bagi UD Mulya Jaya untuk dapat menetapkan harga pokok produksi pada setiap produk telur asin. Kata Kunci : Kewirausahaan, HPP, Harga.   ABSTRACT In general, the cost of production in accounting is defined as the total cost of all uses that have been made during the production process or activities which convert raw materials into finished products (ready-to-use / ready-to-serve products). An important objective in this task is to calculate the cost of goods manufactured from UD Mulya Jaya by using a variable costing approach to find out the cost of goods on each product produced. The importance of determining the cost of production can be done before businesses determine the selling price. This assistance aims to help find and determine the cost of production that can be used to set the selling price. This assistance is carried out to help entrepreneurs in work programs, namely accounting guidance with a focus on calculating the cost of production. In determining the cost of production at UD Mulya Jaya, it can use the variable costing approach, which is usually used for a kind of decision making in a company. Through the entrepreneurship assistance program, the results of the calculation of the cost of production are obtained using the variable costing approach. These results can be a decision for UD Mulya Jaya to be able to set the cost of production for each salted egg product. Keywords: Entrepreneurship, COGS, Price


Author(s):  
Joanna Alicja Dyczkowska

<p>This article describes the notion of “customer activity” in logistics services as an interaction with providers. We reviewed concepts of customer activity in services offered by logistics service providers (LSPs) in the food sector. We then analysed customer activity in transport, storage and management of services. We used a direct diagnostic survey for comparative analysis of groups of customers. The roles of LSPs in the supply chain and within the framework of cooperation in the business-to-business market are presented. Basic customer activities were examined by studying the supply chain, within which LSPs adapted their processes to the activities of their customers. The research results present the degree of customer activity in supply chains.</p><p><strong>Theoretical background:</strong> Customer activity in logistics services is mainly understood as part of interaction with providers. This study goes beyond this view by focusing on the independent activity of the customer in solutions related to transport, storage and the management of logistics services.</p><p><strong>Purpose of the article:</strong> The purpose of the article was to review concepts of customer activity in services offered by LSPs in food-sector supply chains; customer activity was characterised and applied in exploratory research.</p><p><strong>Research methods:</strong> A literature review, comparison of groups of customers, and a direct diagnostic survey method were all used.</p><p><strong>Main findings:</strong> The perspective of customer activity predominating among customers allows LSPs to pursue different activities on behalf of different groups of customers. This article contributes to research on logistics services while focusing on the concept of customer activity.</p>


2021 ◽  
pp. 40-60
Author(s):  
A. P. Tyapukhin

The territorial approach is the basic approach to a region management. At the same time, the “territory” component is the basis of the logistics complex used in Supply Chain Management. In this regard, a need is to clarify and supplement the theory and methodology of the territorial approach to the management of both the region and the supply chains.The subject of this study is the relationship between the regional authorities and the focus enterprise of the supply chain regarding the development of the territories and resources of the region on a mutually beneficial basis.The research methods are methods of analysis and synthesis, induction and deduction, as well as classification, and the tools are binary matrices that provide for the joint use of two classification attributes of the object under study and their dichotomies.The results of this study are the management principles by the competitiveness and sustainability of the management object; classifications of approaches to the management by the region and supply chains; of territories from the point of view of the focus enterprise of the supply chain and the region; the management decisions in the interaction of regions with the links of supply chains; the sequence of the formation of supply chains and the development of territories and resources of the region on the basis of the territorial approach and the relationship between them.The obtained results allow to reduce the costs and time for the development of territories and resources of the region by reducing the lost profits of the supply chain links due to their rational placement and increasing sustainability by achieving a synergistic effect both by the region and by the supply chains.


2017 ◽  
pp. 4-11
Author(s):  
Alberto De la Calle ◽  
María Elena Grus ◽  
Esther Álvarez de los Mozos

The global context in which companies operate nowadays is extremely complex. This fact pushes organizations to a continuous search of the best strategy that will enable them to stand out in the market. Supply Chain Management, in its dual concept of coordinated demand and supply chains, represents an excellent opportunity to enhance the competitive advantage of companies. In relation to the demand chain, it can help to improve the knowledge of the customers and their needs, to develop their capacities for innovation and response, as well as to differentiate their products. With respect to the supply chain, it will focus the attention on increasing the flexibility in production capacity and delivery of products and services with less use of resources. For this reason, this study proposes to analyze the relationship between value creation and business results in some Spanish companies through supply chain processes. In order to do so, it describes a transactional non-experimental research employing the Technological Innovation Panel Database (PITEC).


2011 ◽  
Vol 267 ◽  
pp. 958-962
Author(s):  
Jiang Hong

In this paper, we set risk attitude into decision making research for the supply chain manage. We focus on the information management. We discuss the stable states and the stochastically stable distribution for the fake game in the supply chain. We find there always exist information fake behaviors of low-yield suppliers. And, the less risk averse suppliers are, the more information fake they use.


Author(s):  
Eirill Bø

Transport is an important function in the supply chain. This chapter focuses on how to buy a transport service, how to form a transport contract, and how a transparent relationship will influence the risk and the relationship between transport provider and buyer. By developing a decision support tool (DST-model) and calculating the cost and the time parameters, the right price and the cost drivers will appear. The cases described in this chapter are a large Norwegian wholesaler for food, distribution to the retailer, and two Norwegian municipalities collecting household waste. In these cases, the buyer and the provider are acting blind in setting the transport price. This means that there is a huge risk for either a bankruptcy by the transport provider or an overpriced transport for the buyer.


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