Stochastic Modeling of Supply Chain Management Systems

Author(s):  
C. Elango

Logistics is that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from the point-of-origin to the point-of-consumption in order to meet customers’ requirements. Supply Chain Management (SCM) is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. This chapter introduces the concept of Supply Chain Management System (SCMS). Two stochastic modeling problems are discussed in this chapter. Poisson demand process with (s,S) installation policy at retailer nodes are assumed to simplify the study . The system performance measures are computed with reference to specific cost structure. The total average annual variable cost is taken as optimization criterion. Numerical examples are provided to illustrate the problem.

2021 ◽  
Author(s):  
Md Abdur Rahman ◽  
Syed M. Belal

Abstract Keeping track of the oil and gas supply chain is challenging task as the route and transportation requires sophisticated security environment - both physical systems’ and IT systems’ security. Thanks to the recent advancement in IoT, specialized sensors can keep track of the required supply chain environment. With the help of blockchain, the supply chain data can be immutably saved for further sharing with stakeholders. Due to the introduction of AI as an embedded element within 6G networks, the end-to-end supply chain process can now be automated for safety, security, and efficiency purposes. By leveraging 6G, AI, blockchain, and IoT, the supply chain data during the transportation or at rest can be monitored for any changed environment during the movement of the ship through national or international routes. In this paper, we study the requirements of such intelligent and secure supply chain management system conducive to the oil and gas industry. We also show our proof-of-concept implementation and initial test results. Our obtained results show promising prospect of the current system to be deployed to safeguard the oil and gas supply chain.


2020 ◽  
Vol 8 (5) ◽  
pp. 1261-1265

Objective This research is to examine the supply chain management process carried out by fishermen in searching for fish in the Brondong archipelago - Lamongan East Java fishing port. In this study, researchers used a qualitative case study method with miles and hubberman analysis techniques (data reduction, data display and data verification). In this research, researchers look directly at the supply chain management process carried out there. In this study, researchers also examined the process that is adapted to Islamic Sharia, so that the supply chain process that is there can be said as a halal activity and also thayyiban. In accordance with the research objective, which is to examine halal supply chain management, researchers found that the process carried out by the fishermen who were there in carrying out their activities could be said to be halal and also tayiban


Author(s):  
N. Anbazhagan

Supply Chain Management (SCM) is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. Different supply chains have been designed for a variety of firms and this chapter discusses some issues in this regard. This chapter attempts to find why we require different supply chain for different companies. In this chapter we discuss the role of stochastic models in supply chain management system, and also discuss other mathematical models for SCM.


Author(s):  
Yudi Fernando ◽  
Mohd Ridzuan Darun ◽  
Ahmed Zainul Abideen ◽  
Daing Nasir Ibrahim ◽  
Marco Tieman ◽  
...  

The fast-growing number of Halal integrity issues has attracted the scholar's debate on improving integrity in practicing the Halal supply chain. To investigate how firms comply with Halal procedures in supply chain may not possibly provide much potential research gaps. The application of technology in improving Halal supply chain management on blockchain technology should be given urgent priority. The aim of this chapter is to explore the possibility to integrate blockchain technology to improve the use of Halal supply chain management. Blockchain technology will help the Halal based oriented firm in the supply chain to trace the source of the raw materials, products, labeling information, and Halal product distribution to strengthen the supply chain networks. Blockchain technology-driven Halal supply chain shall overcome and surpass issues related to Halal integrity and certifications which could also have an impact globally.


Author(s):  
Saliya Nugawela ◽  
Darshana Sedera

Compared to the supply chain management of other business domains, agricultural supply chain management is affected with issues such as diversity of production and demand, the bulkiness of produce, perishability, seasonality, harvest uncertainty, and climate complexity. These issues are more prominent in rural agricultural sector. Availability of mature supply chain management processes and systems can enhance the productivity of rural agricultural communities. This chapter proposes a five-stage capability maturity model for the implementation and maintenance of supply chain management processes in farm management information systems. The capability maturity model is a valuable aid to determine the digitized supply chain process' ability to consistently and continuously achieve improvement and organizational objectives. The model is proposed based on the findings of the analysis of 121 supply chain management software in the farming sector, the Capability Maturity Model by the Software Engineering Institute, and the Supply Chain Process Management Maturity Model.


Author(s):  
Mahesh S. Raisinghani

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.


Author(s):  
Qingyun Zhu ◽  
Joseph Sarkis

Products and their associated material, capital, and information are critical flows within supply chains. Supply chain management needs to facilitate product portfolio management. Some example activities include material sourcing, product design and manufacture, product delivery and transportation, product usage, and service. Closing the supply-chain loop, especially for sustainable supply chains, include end-of-life disposal and repurposing activities. Sustainable supply chain development typically focuses on three major dimensions of organizational competitiveness, economic, social, and environmental. Organizations make product deletion continuously. These decisions can profoundly contribute to sustainability. Alternatively, sustainability performance of various supply chain process and product or material flows may also be strategic product deletion reasons. This chapter will review the integration of product deletion with sustainable supply chain management. It will entail the impact of product deletion on sustainable supply chains.


2018 ◽  
Vol 7 (4.26) ◽  
pp. 285 ◽  
Author(s):  
Vivek Kumar ◽  
Y. V. RAO ◽  
Vikash Kumar

In this study the improvement of supply chain process based on the supply chain management has been considered. In this regard,  two vital factor of time and cost  has been  taken into account to optimize the process of product delivery. To harness the available methods, among the all options, the construction company’s integration has been elicited in order to improve the business process by concentrating best logistic and supply chain factors to improve the construction quality and standards.  By ensuing the proposed methods, the importance of supply chain relationships in construction companies as well as efficiency of the flowed information in terms of relevant data to improve customer and supplier relation has been manifested. In the strategies, followed aforementioned trends, the best potential tools for improvement of constructed companies have been identified. At the end, implementing the mentioned strategies, the obtained results attested the quality performance and supply chain management expediency.  


2012 ◽  
Vol 452-453 ◽  
pp. 829-832 ◽  
Author(s):  
Taivo Kangilaski

Supply chain management is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. Thus it is important for organisations to build up their partner networks supporting their long-term demand forecasts for capacity requirements. Constructing such an ecosystem, the companies need some supporting framework. The current article proposes maturity model based approach that could assist companies in their decisions.


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