Implications For Reverse Auctions From A Supply Chain Management Perspective

2011 ◽  
pp. 185-197
Author(s):  
Eric C. Jackson
Keyword(s):  
Supply Chain ◽  
Reverse Auctions ◽  
End User ◽  
Chain Management ◽  
Functional Product ◽  
Management Perspective ◽  
Rapid Changes ◽  
Reduced Costs ◽  
Financial Burdens ◽  
Responsive Supply Chain

This chapter considers reverse auctions in the context of the supply chain and the type of end user product being produced. It contends that in order to successfully utilize a reverse without alienating their suppliers’ buyers need to classify their product as innovative or standardized. An innovative product is one that is undergoing rapid changes in functionality or specifications. A standardized or functional product is one that has stabilized its specifications and functionality. It also argues that the buyer must consider if their supply chain is responsive or efficient. A responsive supply chain is one that rapidly adapts to changes in product characteristics without placing undue financial burdens on any members of the supply chain. An efficient supply chain being one that has reduced costs to their minimum but has a reduced flexibility when compared with a responsive supply chain. It is hoped that an understanding of this relationship will allow purchasers to better evaluate their use of reverse auctions as a purchasing tool in the context of buyer supplier relations.

A Three-Level Multiple-Agent Early Warning Mechanism for Preventing Loss of Customers in Fashion Supply Chains

2012 ◽  
pp. 553-564
Author(s):  
Wei-Shuo Lo ◽  
Tzung-Pei Hong
Keyword(s):  
Supply Chain ◽  
Decision Support ◽  
System Development ◽  
Fashion Industry ◽  
Chain Management ◽  
Agile Supply Chain ◽  
Multiple Agent ◽  
Early Warning Mechanism ◽  
Rapid Changes ◽  
Development Procedure

The fashion industry is experiencing rapid changes in many areas, including the supply chain. Typical quick response (QR) systems have been broadly used in the fashion industry to enable agile supply chain management (SCM). However, the original functions of QR systems cannot completely address the challenge of issuing early warnings to prevent customer loss. This article merges the typical MIS system development procedure with that of an e-SCM multiple-agent decision support system to confront this problem. The system has three levels: data mining, ontology, and decision support. These levels are interlinked in handling different databases. Different agents execute different tasks at each level to achieve integration and communication in a supply chain with less human intervention. The proposed framework emphasizes transparent connections among businesses and assists in information sharing, thereby preventing customer loss.

Logistics Management and Risk Management

2018 ◽  
pp. 100-120
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Growth Strategy ◽  
Logistics Management ◽  
Sustainable Competitive Advantage ◽  
Business Growth ◽  
Chain Management ◽  
Reduced Costs ◽  
Global Operations ◽  
And Storage

Logistics management is an important part of supply chain management and deals with the movement and storage of products and services in order to meet customer demands. Risk management is the business growth strategy that can help executives handle any crisis within company toward achieving improved business planning, reduced costs, and enhanced organizational reliability. The chapter argues that applying logistics management and risk management has the potential to enhance operational performance and gain sustainable competitive advantage in global operations.

The Development of Servitization Concept in the Era of Industry 4.0 Through SCM Perspective

2021 ◽  
pp. 336-358
Author(s):  
Tunca Tabaklar ◽  
Cansu Yildirim
Keyword(s):  
Content Analysis ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Industry 4.0 ◽  
Service Dominant Logic ◽  
Research Directions ◽  
Chain Management ◽  
Dominant Logic ◽  
Analysis Methodology ◽  
Management Perspective

The transition from goods-dominant logic to service-dominant logic has captured the attention of industries for decades now. Servitization is one of the concepts that enable organizations to make this transition by providing services along with their products and has become an important competitive strategy for organizations to survive in their ecosystems. Thus, in this chapter, the objective is to increase the understanding of servitization concept in the era of Industry 4.0 from supply chain management perspective. The content analysis methodology is used to examine articles that bring together servitization and supply chain management and to find out where servitization stands with regards to Industry 4.0 applications. The findings show Industry 4.0 applications during servitization operations are yet to develop, and accordingly, the chapter concludes with further research directions in relations to servitization and Industry 4.0 applications in the frame of supply chain management.

Leveraging Supply Chain Management in the Digital Economy

2009 ◽  
pp. 526-531
Author(s):  
Mahesh S. Raisinghani
Keyword(s):  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Raw Materials ◽  
Third Party ◽  
Third Party Logistics ◽  
End User ◽  
Chain Management ◽  
Critical Part ◽  
Functional Areas

A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. In other words, supply chain encompasses all of the activities associated with moving goods from raw-materials stage through to the end user. The information systems needed to monitor all of these activities are a critical part of the mix. Successful supply chain management (SCM), then, coordinates and integrates all of these activities into a seamless process. It embraces and links all of the partners in the chain. In addition to the key functional areas within the organization, these partners include vendors, carriers, third-party logistics companies, and information systems providers.

Counterfeiting and piracy in supply chain management: theoretical studies

2017 ◽  
Vol 32 (1) ◽  
pp. 98-108 ◽  
Author(s):  
Fan Li ◽  
Zelong Yi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Social Acceptance ◽  
Future Research ◽  
Chain Management ◽  
Content Type ◽  
Management Perspective ◽  
Negative Effect ◽  
Negative Impacts ◽  
Key Aspects

Purpose This paper aims to generate novel insights in supply chain management by reviewing studies related to counterfeiting and piracy issues with a particular emphasis on theoretical works. Design/methodology/approach A systematic literature review of more than 100 peer-reviewed academic papers is conducted. The authors first introduce the social acceptance of counterfeiting and piracy to explain the existence of these illegal products. After that, they focus on the negative effect of counterfeiting and piracy on supply chain management and society while mentioning their positive and normative effects carefully under certain circumstances. Findings People have been attempting to reveal the impacts of counterfeiting and piracy on customers, licit firms, industry sectors, governments and the society as a whole. The negative impacts of counterfeiting and piracy on legal firms and licit supply chains is examined thoroughly in the literature; however, benefits from counterfeiting and piracy are also pointed out. Additionally, researchers are interested in firms’ reactions toward this phenomenon. Based on heuristics from the above analysis, it is fruitful to conduct this research in a theme of supply chain management. Originality/value Most studies on counterfeiting and piracy are not from a supply chain management perspective and mainly focus on their effect on consumers or a single firm. To the best of the authors’ knowledge, this paper is one of few studies that incorporate the key aspects of counterfeiting and piracy into supply chain management and also highlight several important directions for future research in the sense of supply chain.

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