Enterprise Inventory Control Based on Supply Chain Management

2012 ◽  
Vol 472-475 ◽  
pp. 3273-3276
Author(s):  
Qing Ying Zhang ◽  
Ying Chi ◽  
Yu Liu ◽  
Qian Shi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Inventory Control ◽  
Control Strategies ◽  
Minimum Cost ◽  
Chain Management ◽  
Main Target ◽  
The Cost

The main target of supply chain management is to control inventory of each node enterprise effectively with the minimum cost. In this paper, the control strategies and methods of inventory based on supply chain management are put forward, which are significant for saving the cost of supply chain and improving the overall benefits of the whole chain.

scholarly journals The Impact of Supply Chain Management on Financial Performance and Responsibility Accounting Agribusiness Case from Egypt

2017 ◽  
Vol 6 (2) ◽  
pp. 136 ◽  
Author(s):  
Mohamed Ali Wahdan ◽  
Mohamed Ashraf Emam
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Financial Performance ◽  
Financial Statements ◽  
Net Income ◽  
Chain Management ◽  
Research Questions ◽  
The Cost ◽  
The Impact ◽  
Responsibility Accounting

This paper presents the impact of applying the supply chain management (SCM) on the agribusiness field to optimize productivity and decreasing cost which will have a direct impact on the net income of the organization. The main two research questions are: is there a significant impact of supply chain management on financial performance? and is there a significant relationship between supply chain management and financial performance as well as responsibility accounting? To answer the research questions, data was collected from financial statements of agribusiness case from Egypt and the survey was conducted. The findings of the study indicated that there is a significant impact of supply chain management on financial performance through enhancing the productivity, decreasing the cost and improving profitability. Moreover, applying the efficient supply chain management can improve the use of responsibility accounting through the efficient usage for the budget of the crop.

THE ROLE OF INFORMATION SHARING IN SUPPLY CHAIN MANAGEMENT: THE SECURESCM APPROACH

2011 ◽  
Vol 08 (03) ◽  
pp. 455-467 ◽  
Author(s):  
ERNESTO DAMIANI ◽  
FULVIO FRATI ◽  
ROMARIC TCHOKPON
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Sharing ◽  
Secure Computation ◽  
Normal Operation ◽  
Chain Management ◽  
The Cost ◽  
Role Of Information ◽  
Share Information

Information sharing plays a role of paramount importance in modern supply chain environments. In fact, the elements that compose the chain need to share information about sensitive aspects of their business in order to build more accurate and profitable supply plans. In this paper, we describe how the increasing of information released increases the overall economic results of the whole chain, and how this information can be protected, exploiting secure computation techniques, to reduce the risk of data disclosure and prevent quasi-altruistic or selfish behaviors without interfering with the chain's normal operation, and in particular with the minimization of the cost function.

scholarly journals Simulation and Modeling Efforts to Support Decision Making in Healthcare Supply Chain Management

2014 ◽  
Vol 2014 ◽  
pp. 1-16 ◽  
Author(s):  
Eman AbuKhousa ◽  
Jameela Al-Jaroodi ◽  
Sanja Lazarova-Molnar ◽  
Nader Mohamed
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Simulation And Modeling ◽  
Healthcare Organizations ◽  
Chain Management ◽  
Decision Making Processes ◽  
Environment Simulation ◽  
The Cost ◽  
Support Decision Making

Recently, most healthcare organizations focus their attention on reducing the cost of their supply chain management (SCM) by improving the decision making pertaining processes’ efficiencies. The availability of products through healthcare SCM is often a matter of life or death to the patient; therefore, trial and error approaches are not an option in this environment. Simulation and modeling (SM) has been presented as an alternative approach for supply chain managers in healthcare organizations to test solutions and to support decision making processes associated with various SCM problems. This paper presents and analyzes past SM efforts to support decision making in healthcare SCM and identifies the key challenges associated with healthcare SCM modeling. We also present and discuss emerging technologies to meet these challenges.

scholarly journals Adaptive inventory control models for supply chain management

2004 ◽  
Vol 26 (9-10) ◽  
pp. 1184-1192 ◽  
Author(s):  
C.O. Kim ◽  
J. Jun ◽  
J.K. Baek ◽  
R.L. Smith ◽  
Y.D. Kim
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Inventory Control ◽  
Chain Management ◽  
Control Models

Marine Supply Chain Management

1999 ◽  
Vol 15 (04) ◽  
pp. 233-252
Author(s):  
M. Fleischer ◽  
R. Kohler ◽  
T. Lamb Fellow ◽  
H. B. Bongiorni
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Shipbuilding Industry ◽  
Chain Management ◽  
Cost Differential ◽  
Marine Industry ◽  
The Us ◽  
World Class ◽  
The Cost ◽  
Successful Change

The US shipbuilding industry finds itself pressed on many sides by dwindling government and commercial ship orders. Without significant improvement in performance, the US shipbuilding industry will contract to the minimum that can sustain government and Jones Act commercial ship demand. There has been considerable benchmarking of the US shipbuilding with other shipbuilding countries and other US and foreign industries. In these studies, the improved management of the supply chains has been found to be an important way to improve performance. The 1996 21s' Century Agile Shipbuilding Strategies report identified improvement in the relationship between shipyards and their suppliers as one of the highest priorities. In the marine industry over 50% of the cost of the delivered product is for material and equipment. When significant turn-key subcontracting is used this can increase to 75%. Over the past two decades, most US shipbuilders acknowledged that their productivity was significantly lower than world class shipbuilders. More recently they have acknowledged a material cost differential of up to 33%. Clearly, the cost of material is one of the major sources of the lack of international competitiveness of the US marine industry. The performance of the US automotive and aerospace industries has improved significantly by focusing on and improving their supply chain management. Much of Boeing's and Chrysler's improvement has been attributed to successful change in this area. This paper describes the results of a project that analyzed supply chain management in the marine industry as a way to develop a set of best practices.

Triple-A strategy: For supply chain performance of Indonesian SMEs

2022 ◽  
Vol 10 (1) ◽  
pp. 95-100 ◽  
Author(s):  
Sri Wilujeng ◽  
Endi Sarwoko ◽  
Farika Nikmah
Keyword(s):  
Developing Countries ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Competitive Advantage ◽  
Minimum Cost ◽  
Supply Chain Performance ◽  
Chain Management ◽  
Supply Chain Agility ◽  
Chain Alignment ◽  
The Right

Supply chain management is an activity that effectively integrates suppliers, companies, retailers where goods are produced and distributed at the right quality, location, and time with minimum cost levels to provide the highest quality services for consumers. Supply chain agility, supply chain adaptability, supply chain alignment, which is known as the Triple-A strategy, are elements to form supply chain performance. In this study, we tried to apply it to SMEs in developing countries, such as Indonesia. The purpose of this study is to show whether it is true that the supply chain cannot be applied to SMEs, while for a disruption as it is today, competition is getting tougher not only among SMEs but also against large companies, and SMEs need to develop several strategies that were previously unimaginable. This study uses quantitative techniques to determine the effect of supply chain agility, supply chain adaptability, supply chain alignment on supply chain performance either partially or simultaneously. The results showed that all hypotheses were accepted. This shows that supply chain management can be a strategy to create better SMEs performance and can even be used to achieve competitive advantage.

scholarly journals Optimized computational techniques-based inventory control process in supply chain management

2021 ◽  
Vol 12 (6) ◽  
pp. 374-382
Author(s):  
Hiba A. Tarish
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Inventory Control ◽  
Performance Metrics ◽  
Control Process ◽  
Raw Material ◽  
Computational Techniques ◽  
Management Process ◽  
Business Services ◽  
Chain Management

Now-a-days, supply chain management is one of the crucial factors in business for identifying the flow of goods, raw material storage, movement of products and inventory process so on. The main aim of the supply chain management process is to provide the valuable business services, infrastructure, logistic control and inventory control to the business for improving the business. Among the various supply chain factors, inventory control is one of the difficult tasks in supply chain management process because of high cost inventory, consistent stockouts, low rate of inventory turnover, high value of obsolete inventory, maximum working capital, huge cost for storage and lot customers. Then, several supply chain management techniques are introduced in traditional to control the inventory process but they are failing to detect with greatest accuracy due to the low convergence rate in computation techniques. So, in this paper introduce the effective and optimized neural network computational approach for managing the inventory control. In addition to this, the system ability to select the product based on the few factors that improve the inventory control system accuracy. Then the excellence of the system is evaluated using experimental analysis and respective performance metrics.

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