Modeling Buyer-Supplier Relationships in Dynamic Supply Chains

2009 ◽  
pp. 288-316
Author(s):  
Vipul Jain
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Conflicts Of Interest ◽  
Dynamic Environment ◽  
Supplier Relationships ◽  
Chain Management ◽  
Fuzzy Constraints ◽  
Trade Offs ◽  
Interactive Nature ◽  
The Face

The key part of dynamic supply chain management is negotiating with suppliers and with buyers. Designing efficient business processes throughout the supply chain, and controlling their speed, timing, and interaction with one another, is decisive factors in a competitive and dynamic environment. Coordination is essential for successful supply chain management. Therefore, in this chapter, a novel Negotiation-to-Coordinate (N2C) mechanism is proposed to explore the interactive nature of the buyersupplier relationships for dynamic environments. The proposed N2C mechanism uses prioritized fuzzy constraints to represent trade-offs among the different probable values associated with the negotiation issues and to signify how agents should make concessions. Supervisor agent in the N2C mechanism takes into account the conflicts of interest of buyer’s agent and supplier’s agent and the proposal and plan generated by supervisor agents helps in resolving the true and potential conflicts of interests for buyer’s agent and supplier’s agent. The proposed computational framework based on fuzzy constraints is suited for capturing the dynamics by modeling trade-offs between different attributes of a product leading to a fair and equitable deal for both suppliers and buyers. The proposed approach models the intricacies in the face of the imprecise, uncertain and conflicting nature of objectives. The efficacy of the proposed approach is demonstrated through an illustrative example.

A Multi-Agent System for Optimal Supply Chain Management

2011 ◽  
pp. 281-304
Author(s):  
Hyung Rim Choi ◽  
Hyun Soo Kim
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Environmental Changes ◽  
Scheduling Algorithm ◽  
Dynamic Environment ◽  
Multi Agent System ◽  
Production Environment ◽  
Agent System ◽  
Chain Management ◽  
Multi Agent

Supply chain management recently has been developing into a dynamic environment that has to accept the changes in the formation of the supply chain. In other words, the supply chain is not static but varies dynamically according to the environmental changes. Therefore, under this dynamic supply chain environment, the priority is given not to the management of the existing supply chain but to the selection of new suppliers and outsourcing companies in order to organize an optimal supply chain. The objective of this research is to develop a multi-agent system that enables the effective formation and management of an optimal supply chain. The multi agent system for optimal supply chain management developed in this research is a multi agent system based on the scheduling algorithm, a cooperative scheduling methodology, which enables the formation of an optimal supply chain and its management. By means of active communications among internal agents, a multi-agent system for optimal supply chain management makes it possible to quickly respond to the production environment changes such as the machine failure or outage of outsourcing companies and the delivery delay of suppliers. This research has tried to suggest a new direction and new approach to the optimal supply chain management by means of a multi-agent system in dynamic supply chain environment

scholarly journals Complexity, continuity, and strategic management of buyer–supplier relationships from a network perspective

2021 ◽  
Vol 17 (3) ◽  
pp. 189-226
Author(s):  
Martin Pech ◽  
◽  
Drahoš Vaněček ◽  
Jaroslava Pražáková ◽  
◽  
...  
Keyword(s):  
Supply Chain ◽  
Czech Republic ◽  
Supply Chain Management ◽  
Strategic Management ◽  
Theory And Practice ◽  
Supplier Relationships ◽  
The Czech Republic ◽  
Chain Management ◽  
Supplier Networks

PURPOSE: Current research seeks to create an economic model that connects strategic management and network theory. However, most theoretical models do not provide empirical evidence of network relationships’ real structure and attributes. The purpose of the paper is to explore the relation between enterprise characteristics and the characteristics of buyer–supplier relationships in supply chain networks. We are specifically interested in business relationships in networks with respect to the various enterprises’ sizes and sectors of industry. The subject of our research was characteristics, such as network relationship complexity, continuity of relationships, and strategic management in networks. The paper summarizes the results of an empirical study on buyer-supplier networks and accentuates the importance of developing and fostering business collaboration for strategic management. METHODOLOGY: We conducted the questionnaire research in 2016–2019 on 360 enterprises from the Czech Republic. We selected the research sample based on the non-probability purposive sampling method. The members of the research team collected data from an online survey and personal visits to enterprises. The statistical analysis of hypotheses is based on the frequency of managers’ answers. To evaluate results, a two-proportion Z-Test is used for comparing different categories of enterprises according to their enterprise size or prevailing sector of the industry. FINDINGS: The main results show that the differences between enterprises involved in the buyer–supplier structures lie mainly in their size. The survey did not identify differences between industry sectors. The findings show that the complexity of networks in the Czech Republic is not high in terms of the number of suppliers or involvement in many supply networks. The continuity of relationships with partners in buyer–supplier networks is relatively long-term oriented. Long-term partnerships reflect the higher quality of relationships and support future integration. However, large enterprises prefer to build contracts for shorter or longer periods. An overall decentralization strategy characterizes the strategic management of buyer–supplier networks. This finding means dividing competencies such as planning, managing, sourcing, decision-making, transporting (delivering) among more enterprises. IMPLICATIONS FOR THEORY AND PRACTICE: The paper provides an insight into understanding how the buyer–supplier network functions. The theory’s implication builds on the connection of supply chain management and strategic management from the network perspective. Supply chain management is viewed as a part of strategic management, and the synthesis of both research areas opens an innovative view to business theory. ORIGINALITY AND VALUE: The paper’s principal value is the connection between contemporary ideas of strategic management and supply chain management. The synthesis of supply chain management and network approach enhances strategic management theory.

scholarly journals E-Commerce Transaction Mechanisms And Buyer-Supplier Relationship

2011 ◽  
Vol 7 (2) ◽  
Author(s):  
Sungmin Ryu ◽  
Ken Hung
Keyword(s):  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Information Exchange ◽  
Font Size ◽  
Supplier Relationships ◽  
Relational Context ◽  
Chain Management ◽  
And Performance ◽  
Share Information

<p class="MsoBodyText" style="text-justify: inter-ideograph; text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-family: Times New Roman;"><span style="font-size: 10pt;">Information exchange between the buyer and supplier is an important aspect of supply chain management. B2B e-commerce helps firms to share information, maintain relationships, and conduct transactions more efficiently. The choice of B2B e-commerce transactions will influence, and as well as affect, the relationships between exchange parties. </span><span style="font-size: 10pt; mso-fareast-language: KO; mso-bidi-font-weight: bold;">Thus, the choice of e-commerce transaction mechanisms has a relational context. An </span><span style="font-size: 10pt; mso-fareast-language: KO;">appropriate choice of a transaction mechanism can affect a firm&rsquo;s strategy, procurement decisions, and performance. It had been argued that </span><span style="font-size: 10pt;">e-commerce facilitates both discrete and relational exchanges, and it has a dual impact on business relationships. In this paper, we examine a collection of diverse studies on EDI and e-marketplace from marketing and information systems literatures. We assimilate these findings for managers considering choices on e-commerce transaction mechanisms. We hope that this will provide managers a more consistent understanding of buyer-supplier relationships in the B2B e-commerce context. </span></span></p>

scholarly journals A Study on Procurement Function of Supply Chain Management in Small and Medium-Sized Enterprises in Pokhara Valley

2008 ◽  
Vol 4 (1) ◽  
pp. 88-95
Author(s):  
Rajesh Kumar Thagurathi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Supplier Relationships ◽  
Chain Management ◽  
Business Studies ◽  
Information And Communication ◽  
Pokhara Valley ◽  
The Impact

This paper has examined existing procurement practices, in the context of supply chain management, adopted by the Small and Medium-Sized Enterprises (SMEs) in Pokhara valley. The paper explored status of procurement section in the various organizations, examines the extent to which the information and communication technologies have been used for procurement, and presents the views of procurement personals on the impact of customer-supplier relationships on procurement function in formulating Supply Chain Management (SCM) initiatives. It has identified the potential paths for SMEs to improve their procurement practices. The Journal of Nepalese Business Studies Vol. IV, No. 1(2007)

scholarly journals Risk Management: Rethinking Fashion Supply Chain Management for Multinational Corporations in Light of the COVID-19 Outbreak

2020 ◽  
Vol 13 (8) ◽  
pp. 173 ◽  
Author(s):  
May McMaster ◽  
Charlie Nettleton ◽  
Christeen Tom ◽  
Belanda Xu ◽  
Cheng Cao ◽  
...  
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Multinational Corporations ◽  
Information Exchange ◽  
Risk Mitigation ◽  
Supply And Demand ◽  
Supplier Relationships ◽  
Chain Management

Through an international business risk management lens, the widespread and catalytic implications of the 2020 COVID-19 pandemic on the supply chains (SCs) of fashion multinational corporations (MNC) are analyzed to contribute to existing research on supply chain management (SCM). While a movement towards agile, networked supply chain models had been in consideration for many firms prior to the outbreak, the pandemic highlights issues inherent in supply chains that employ concentrated production. We examined the current state of fashion supply chains, risks that have arisen historically and recently, and existing risk mitigation methods. We found that while lean supply chain management is primarily favored for its cost and waste reduction advantages, the structure is limited by the lack of supply chain transparency that results as well as the increasing demand volatility observed even before the COVID-19 outbreak. Although this problem might exist in the agile supply chain, agile supply chains combat this by focusing on enhancing communication and buyer-supplier relationships to improve information exchange. However, this structure also entails an associated increase in inventory and inventory costs. The COVID-19 pandemic has caused supply and demand disruptions which have resonating effects on supply chain activities and management, indicating a need to build flexibility to mitigate epidemic and demand risks. To address this, several strategies that firms can adopt to control for such risks are outlined and key areas for further research are identified which consider parties both upstream and downstream of the fashion supply chain.

Supply Chain Management

2015 ◽  
pp. 436-457 ◽  
Author(s):  
António Moreira ◽  
Ana Carolina Soares de Carvalho
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Strategic Alignment ◽  
Improvement Program ◽  
Supplier Relationships ◽  
Chain Management

The main purpose of this chapter is to develop an exploratory proposal for identifying innovative suppliers, creating knowledge in an area not very deeply explored. Based on a literature revision based on the innovative supplier identification and management, the study suggests that innovative suppliers are highly specialized and technically competent companies, located nearby their customers and take part on their client's improvement program. Based on the literature revision, a framework analyzing client-supplier relationships throughout the supply chain is proposed. The framework uses the strategic alignment concept between clients and suppliers. Finally, 61 questions were developed to identify the innovative suppliers.

Framing sustainability performance of supply chains with multidimensional indicators

2014 ◽  
Vol 19 (3) ◽  
pp. 242-257 ◽  
Author(s):  
Mohsen Varsei ◽  
Claudine Soosay ◽  
Behnam Fahimnia ◽  
Joseph Sarkis
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Social Performance ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Content Type ◽  
Sustainable Supply Chain Management ◽  
Sustainable Supply Chains ◽  
Trade Offs

Purpose – This paper aims to provide a framework which can assist focal companies in the development of sustainable supply chains. Sustainable development from an industrial perspective has extended beyond organisational boundaries to incorporate a supply chain approach. Design/methodology/approach – The literature related to sustainable supply chain management is reviewed by incorporating concepts from four organisational theories, including the resource-based, institutional, stakeholder and social network perspectives, to illustrate key drivers and enablers of sustainability initiatives in the supply chain. A conceptual multidimensional framework is then developed that can be used for the initial assessment of supply chain sustainability. Findings – Development and assessment of sustainability in supply chains are being increasingly incorporated as part of supply chain management today. This paper presents a multidimensional framework which can serve as a tool for research scholars and supply chain practitioners in identifying and assessing various economic, environmental and social performance indicators. Research limitations/implications – The framework and approach presented are conceptual, and require additional and broader validation. Additional theories, at differing levels, such as individual behaviour theory, should be utilised to further enhance and evaluate the framework. Developing and integrating analytical models for prescriptive and practical supply chain solutions can enhance the applicability of the framework. Practical implications – The framework adopts a multidimensional approach to assessing and designing sustainable supply chains, as it not only incorporates economic and environmental dimensions but also provides a practical approach to quantifying and embedding the social dimension into decision-making. The framework helps industry practitioners in initial exploration of trade-offs among economic, environmental and social performance of supply chains, which, in turn, could assist them in creating a business case for sustainability. Originality/value – The paper is one of few studies that incorporates some of the key aspects of all three dimensions of sustainability in a single overarching framework for supply chains and offers significant theoretical contribution and implications for sustainable supply chain management.

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