scholarly journals The multisourcing model of safe supply chain management

Author(s):  
Lesia Kostiuchenko ◽  

The logistics outsourcing concept is to address the feasibility of using its own capabilities and sources of supply to perform certain logistics functions that the company can entrust to an external partner. However, in the current context of rapid change, it is important to make a quick and efficient decision on sources of supply: regardless of the sourcing model of the company. That is, what is the usual supply strategy for the company. Security (reliability and stability) of supplies is at the first place. Therefore, a quick decision on the optimal source of supply is the optimal solution. More precisely is the optimal combination of the use of internal resources of the company and the resources of external suppliers. Multisourcing is a type of outsourcing used by many companies in conditions of frequent changes. Unlike traditional outsourcing, the multisourcing model involves the use of several different vendors for the same product at different times. The decision depends on the level of security. For example, with multiple sources, a company can choose the best supplier for a particular task. By outsourcing certain operations, a company can perform critical tasks on its own. These actions can achieve optimization of operating costs. However, when deciding on multisourcing, it is important to assess the risks. It is important to estimate the cost of supply according to different options. You should compare the results of calculations and compare with the risks. These actions can ensure security of supply. So, the proposed economic and mathematical model is able to help to make the right decision of the rational choice of supply channel from several alternatives and, as a consequence, to achieve the following main goals: improving the quality of supply management; reduction of the logistics cycle; reduction of supply costs; increase the reliability of supply

2022 ◽  
Vol 11 (1) ◽  
pp. 0-0

In this study, a fuzzy cooperative continuous static game (PQFCCSG) with n players having fuzzy parameters in all of the cost functions and the right- hand-side of constraints is characterized. Their fuzzy parameters are represented by piecewise quadratic fuzzy numbers. The α-pareto optimal solution concept is specified. In addition, the stability sets of the first and second kind without differentiability are conceptualized and established. An illustrated numerical example is discussed for proper understanding and interpretation of the proposed concept.


2018 ◽  
Vol 195 ◽  
pp. 05009
Author(s):  
Ninik Khorida ◽  
Mamok Suprapto ◽  
Syafi’i

Lomaya and Pilohayanga Weirs are located in Limboto-Bone- Bolango River, Bone Bolango District, and Gorontalo Province. Pilohayanga Weir is located at 1,500 meters downstream of Lomaya Weir, it has 1,045 hectares of irrigation services area while also serving as a supplier of raw water requirements. The damage that occurred in Pilohayanga Weir resulted in its decreasing function, and also resulted in unmet irrigation and raw water needs. Meanwhile, Lomaya Weir has 3,148 hectares of irrigation services area. The aim of this research is to find the optimal solution among several alternative design concepts to meet Pilohayanga Weir’s water needs by supplying water from Lomaya Weir, considering both the technical aspects of hydraulic and the cost of implementation which must be within the economical boundary. In conclusion, the exact solution required is by the addition of several designs, these include: a) creating a new intake area on the right side of Pilohayanga Weir; b) creating an additional channel, flushing out sediment from Lomaya Weir; c) creating sand trap; and d) creating a carrier which will be channelled to Pilohayanga Irrigation Area.


2015 ◽  
Vol 4 (1) ◽  
pp. 51
Author(s):  
. Elvalina ◽  
David P.E. Saerang ◽  
Victorina Z. Tirayoh

Economic growth in the era of globalization requires the company to gain maximum profit. Running business requires information. A company should be able to compete with other companies. One of the decisions that must be taken in planning at every alternative is to buy or produce itself a component of raw materials. Differential costs are related to the opportunity costs, which is the differential costs incurred costs as a result of certain decisions while the opportunity costs is the cost incurred when choosing a decision. The purpose of this study to analyze the differential costs in taking the decision to buy or produce itself and to analyze the opportunity cost to decisions taken on RM. Pondok Hijau. The analytical method used is descriptive  quantitative. Result of differential costs analysis showed that the right decisions can be taken by the management company that manufactures its own because getting a higher differential gain, compared to buying from outside. And of the opportunity costs analysis produce itself rew materials are also more profitable, thus buying from outside becomes more expensive.


2020 ◽  
Vol 13 (1) ◽  
pp. 1-9
Author(s):  
Sri Wahyuning Wahyuning ◽  
Nofi Khayati

Accounting Information System is a system that provides an information technology-based accounting process. Determination of the cost of production in a company requires the right method, because the cost of production is one of the factors that can influence the determination of the selling price. The cost of production is also used to determine the magnitude of the profits obtained by the company.Manufacturing company which is a company engaged in the process of raw materials into finished goods, requires basic materials that are used as the main ingredients in the production process.This study aims to determine how the application of the Job Order Costing method is a method of collecting production costs to determine the cost of production at the company on the basis of orders. The method used in this study uses a research and development (R&D) model, which is the method used to produce certain products, and test the effectiveness of the product. In this study using the PHP programming language and MySQL for the database


Author(s):  
Simona Barsan ◽  
Mihaela Sima

The paper presents the optimizing procedure of the product range manufactured by a company which operates in the area of production and sales of the milling and bakery products. The paper authors have taken this company as an example since the products it manufactures and commercializes address to population and are required to meet both qualitative and quantitative market requirements. After a brief overview of the company, one analyses its production capacity, staff structure and distribution as well as the concern of the company for the employees’ training in its activity field, so as to fulfill all the necessary and required conditions for developing a qualitative activity. The analysis continues with: the cost of the product before optimization, software presentation and computerized optimization procedure, the selection of the products to be optimized, data collection, the optimization procedure, results obtaining and analysis, choosing the optimal solution for the analyzed products analysis and for the future competitiveness of the company.


2018 ◽  
Vol 4 (2) ◽  
pp. 43-55
Author(s):  
Ika Yulianti ◽  
Endah Masrunik ◽  
Anam Miftakhul Huda ◽  
Diana Elvianita

This study aims to find a comparison of the calculation of the cost of goods manufactured in the CV. Mitra Setia Blitar uses the company's method and uses the Job Order Costing (JOC) method. The method used in this study is quantitative. The types of data used are quantitative and qualitative. Quantitative data is in the form of map production cost data while qualitative data is in the form of information about map production process. The result of calculating the cost of production of the map between the two methods results in a difference of Rp. 306. Calculation using the company method is more expensive than using the Job Order Costing method. Calculation of cost of goods manufactured using the company method is Rp. 2,205,000, - or Rp. 2,205, - each unit. While using the Job Order Costing (JOC) method is Rp. 1,899,000, - or Rp 1,899, - each unit. So that the right method used in calculating the cost of production is the Job Order Costing (JOC) method


2014 ◽  
pp. 10-15
Author(s):  
Danuta Szwajca ◽  
Alina Rydzewska ◽  
Tomasz Nawrocki

In the realities of modern economy even the best-managed company is not able to avoid threats and bad decisions, that can cause a crisis. Each crisis situation, that a company experiences, generates not only measurable economic costs, but also more difficult to assess and measure costs of a deteriorated reputation. These costs are the result of infringement of interests or failing to satisfy different stakeholders expectations. The aim of this article is an attempt to identify the cost of reputation deterioration in the context of the various interests of stakeholders groups. In the first part, the paper presents the effects of good and bad reputation, the reputation "contamination" path in a crisis situation and a cost analysis caused by it. The second part is empirical, where the identification of crisis situations measurable costs and reputation deterioration based on the examples of three selected companies was performed.


2020 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Kuswanto Kuswanto ◽  
Juan Junius ◽  
Anita Christine Sembiring

Facility layout is integrated planning of the flow of a product in an operating system to obtain the most effective and efficient interrelation between workers, materials, machinery, and equipment as well as handling and transferring materials. A company engaged in furniture manufacturing has a problem in its production process, namely, the distance between machines is too far so that it affects the cost of handling materials. Distant workstations are found on profile machines, milling machines, measuring machines, cutting machines. Therefore, improvements must be made to the layout of facilities on the production floor so that facility layout is efficient and material handling costs are reduced. The problem-solving approach used is the Graph Method and CRAFT Algorithm. The results of the research show that material handling costs are reduced by 7.58% or Rp. 17,765 using the CRAFT algorithm.


2020 ◽  
Vol 5 (1) ◽  
pp. 456
Author(s):  
Tolulope Latunde ◽  
Joseph Oluwaseun Richard ◽  
Opeyemi Odunayo Esan ◽  
Damilola Deborah Dare

For twenty decades, there is a visible ever forward advancement in the technology of mobility, vehicles and transportation system in general. However, there is no "cure-all" remedy ideal enough to solve all life problems but mathematics has proven that if the problem can be determined, it is most likely solvable. New methods and applications will keep coming to making sure that life problems will be solved faster and easier. This study is to adopt a mathematical transportation problem in the Coca-Cola company aiming to help the logistics department manager of the Asejire and Ikeja plant to decide on how to distribute demand by the customers and at the same time, minimize the cost of transportation. Here, different algorithms are used and compared to generate an optimal solution, namely; North West Corner Method (NWC), Least Cost Method (LCM) and Vogel’s Approximation Method (VAM). The transportation model type in this work is the Linear Programming as the problems are represented in tables and results are compared with the result obtained on Maple 18 software. The study shows various ways in which the initial basic feasible solutions to the problem can be obtained where the best method that saves the highest percentage of transportation cost with for this problem is the NWC. The NWC produces the optimal transportation cost which is 517,040 units.


2019 ◽  
Vol 118 (6) ◽  
pp. 97-99
Author(s):  
Arockia Jeyasheela A ◽  
Dr.S. Chandramohan

This study is discussed about the viral marketing. It is a one of the key success of marketing. This paper gave the techniques of viral marketing. It can be delivered word of mouth. It can be created by both the representatives of a company and consumer (individuals or communities). The right viral message with go to right consumer to the right time. Viral marketing is easy to attract the consumer. It is most important advertising to consumer. It involves consumer perception, organization contribution, blogs, SMO (Social Media Optimize), SEO (Social Engine Optimize). Principles of viral marketing are social profile gathering, Proximity Market, Real time Key word density.


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