Supply Chain Flexible Production Capacity Value Analysis -Based on the View of Real Options

2011 ◽  
Vol 135-136 ◽  
pp. 975-982
Author(s):  
Long Hua Yang ◽  
Dan Ning Zhang

The flagship firm in the supply chain integrates resources through SCM (Supply chain Management), optimizing the information flow,logistics and capital flow in the supply chain to obtain long-term competitive advantage and enable firm to enhance market response and competitive capacity. It has many abilities to get economy rent through implementation of SCM, flexible production capacity is one of those abilities. Based on the view of real options, this paper regarded this ability as a call option. Construct a model to analysis the value of flexible production capacity. Calculate the option value using Monte Carlo simulation,Matlab programming. Illustrate a numerical example and make a parameter sensitivity analysis.

2015 ◽  
Vol 781 ◽  
pp. 647-650
Author(s):  
Rojanee Homchalee ◽  
Weerapat Sessomboon

The proposed model is location-allocation model developed to design and manage the plants-to-customers ethanol supply chain in Thailand with the objective to minimize the total cost. The results showed that Thailand should have only one ethanol export depot and central depot located along wharfs in Samut Prakan province and along the highway in Non Sung district, Nakhon Ratchasima province, respectively. This model also provided the solutions on opening and expanding of production capacity of ethanol plants over time and appropriate ethanol allocation both of direct distribution and through the central depot for long term (2012-2021).


2020 ◽  
Vol 12 (1) ◽  
pp. 419 ◽  
Author(s):  
Aneta Oniszczuk-Jastrząbek ◽  
Ernest Czermański ◽  
Giuseppe T. Cirella

An enterprise carrying out operations according to the sustainable development (SD) concept should maximize its business goals without affecting interest groups. It requires not only a rethinking, but also a partial allocation of profit to social goals—used to contribute to and create a positive image of the enterprise and improve its competitiveness—over the long-term. Operations should result in an increase in profit—indirectly—by way of demand. This paper explores the sustainable supply chain (SSC) concept and the interplay of corporate social responsibility (CSR) within business objectives. The concept of SSC-compliant CSR is primarily stressed as an executive, top-down centric role. Businesses and societies at large that foster an SD continuum are considered healthy economies. The SD of enterprises and CSR in business are explored in relation to social investment and considered a viable long-term strategy for doing business. A pilot case study of Poland is carried out as a value analysis of the SSCs of enterprises. The key findings illustrate the benefits and problems of SSCs applied at the enterprise level. The problems of applying the principles of SSC within the enterprise and the connection between its levels of strategy and social value in terms of CSR and entrepreneurial operations are examined. Comparative studies indicate a number of overlapping trends in which positive SSC is cross-functional toward business partners, suppliers, customers, investors, and local communities.


2020 ◽  
Vol 3 (2) ◽  
pp. 97-105
Author(s):  
Lingga Yuliana

The purpose of this research is to find out the product flow, financial flow and information flow in the management of the supply chain plate rack based on the existing supply chain so that the company can produce effectively and efficiently. The research method used is a qualitative method using a survey method that is to explain, describe and interpret a phenomenon that occurs in an object and qualitative data with the support of quantitative data. The results showed the company combining assembly material team, glass assembly team and final completion teams could accelerate production and limit cooperation with independent marketing to summarize the supply chain and prevent company losses.


Author(s):  
Ryan J Hannan ◽  
Margaret K Lundholm ◽  
Dennis Brierton ◽  
Noelle R M Chapman

Abstract Purpose To describe how health systems may respond to sudden changes in operations by leveraging existing resources and to share one organization’s experience responding to the coronavirus disease (COVID-19) pandemic. Summary In a health system based in Illinois and Wisconsin, pharmacy services are provided by a single, integrated department responsible for all aspects of pharmaceutical care within the organization. Hospital, retail, ambulatory care, and population health services are all managed under one leadership team. All pertinent ancillary services are also managed within the department, including informatics, supply chain, and drug policy. During the COVID-19 pandemic, the pharmacy services leadership has successfully managed volume and capacity challenges by redirecting resources to where they are needed. A disaster response framework based on Federal Emergency Management Agency guidance was put in place, and change management principles were used to rapidly operationalize change. Components of the nimble response have included quickly increasing capacity, thoughtful and timely communication to all team members, strategic decision making with available data, creating an agile pool of labor, and maintaining an efficient system supply chain. Well-being and resilience are emphasized alongside reflection on lessons learned. Some changes made in the urgent response to the pandemic are being considered for long-term implementation. Conclusion Organizations have the potential to respond to almost any situation if they are integrated and teams work together to build flexibility. The keys to success are thoughtful maximization of existing resources and strong communication.


2015 ◽  
Vol 26 (8) ◽  
pp. 1158-1176 ◽  
Author(s):  
Nikolaos Madenas ◽  
Ashutosh Tiwari ◽  
Christopher Turner ◽  
Sophie Peachey

Purpose – The purpose of this paper is to identify measure and prioritise the perceived importance of supply chain issues within the automotive industry related to information flow during product development (PD). Design/methodology/approach – This study analyses empirical data captured from semi-structure interviews with 15 multinational companies operating in the automotive sector. Data collected are analysed using a standard methodology identified from the literature. The individual issues captured are classified against 14 clusters that represent the core and the fundamental supply chain issues of information flow. Findings – This study showed that half of the issues captured are related to the inadequate information systems used. The cluster that had the majority of individual issues is related to suppliers that are not directly connected with their customers through an enterprise system. However it was identified that two fundamental clusters justify the decision of not being directly connected. Implementing and maintaining multiple enterprise systems can be a big overhead for multinational companies working with a high number of customers. Originality/value – Although several studies have proved the benefits that can be obtained through supply chain collaboration, there are relatively little empirical studies that seek to explore the understanding of supply chain issues in regards to information flow especially during PD. By identifying, measuring and prioritising the importance of supply chain issues this study provides researchers and practitioners guidance in developing better tools and defining more efficient processes.


2016 ◽  
Vol 16 (4) ◽  
pp. 433-453 ◽  
Author(s):  
Dimitra Kofti

In this article I discuss some of the theoretical implications of adopting moral economy as an approach to analysing new forms of flexible production and work. Despite a growing interest in the anthropology of precarity and work, the linkages between political and moral economies have been relatively neglected. By discussing E.P. Thompson’s approach to moral economy as well as ways moral economy has been discussed in anthropology, the article argues it is a timely and encompassing approach for the study of flexible work and precarity, as well as compliance and resistance to inequality. A nexus of diverse moral frameworks of value converge at the production site and back home, contributing to the reproduction of precarity and capital under flexible forms of accumulation. The article suggests that moral economy may offer an encompassing approach to studying individual ideas and practices and their relation with collective moral frameworks and confinements and to exploring change and change potential. It draws from an ethnography based on long-term fieldwork in a privatized factory in Bulgaria, in the context of radical economic transformations and privatization projects. It scrutinizes solidarities, tensions and inequalities developed around the conveyor belt, with a particular focus on gender and employment status inequalities and their intertwinement with managerial and household practices.


Sign in / Sign up

Export Citation Format

Share Document