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Multiple Sourcing In Single And Multi Echelon Inventory Systems
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Book Synopsis Operations Research and Management Science Handbook by : A. Ravi Ravindran
Download or read book Operations Research and Management Science Handbook written by A. Ravi Ravindran and published by CRC Press. This book was released on 2016-04-19 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and m
Book Synopsis Research Handbook on Inventory Management by : Jing-Sheng J. Song
Download or read book Research Handbook on Inventory Management written by Jing-Sheng J. Song and published by Edward Elgar Publishing. This book was released on 2023-08-14 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century’s progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries.
Download or read book Dual Sourcing written by Ulrich Schimpel and published by KIT Scientific Publishing. This book was released on 2014-08-14 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies with high-performing supply chains enjoy essential competitive ad- vantages. However, supply chain management faces an environment of rising risk that endangers these competitive advantages. One of the reasons is to outsource parts of their business. This bears the risk of significantly increased lead times and lead time variability. It is the impact of lead time variability on inventory management that is the central aspect of this book. It describes a mathematical model for dual sourcing with two reorder points, shows the deviation between stochastic and deterministic calculations in a sensitivity analysis, and investigates different relaxations of a traditional dual-sourcing policy.
Book Synopsis Supply Chain Management by : John T. Mentzer
Download or read book Supply Chain Management written by John T. Mentzer and published by SAGE. This book was released on 2001 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work presents a comprehensive model of supply chain management. Experienced executives from 20 companies clearly define supply chain management, identifying those factors that contribute to its effective implementation. They provide practical guidelines on how companies can manage supply chains, addressing the role of all the traditional business functions in supply chain management and suggest how the adoption of a supply chain management approach can affect business strategy and corporate performance.
Download or read book X-SCM written by Lisa H Harrington and published by Routledge. This book was released on 2010-10-18 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain management today has never been more complex, more dynamic or more unpredictable. The good news is that new techniques for analyzing country-level investments, network configuration and in-sourcing/out-sourcing decisions can enable more precise and effective span of control. The latest generation of network design and optimization applications has created broader opportunities to view and streamline links between supply chain network nodes. New concepts in multi-channel demand signal capture -- and in pooling and data warehousing customer signals coming into the enterprise from retail stores, websites and call centers -- can bring the enterprise closer to the customer. Emergence of practices such as multi-channel supply management and virtualized cross-enterprise inventory pools are enabling rapid response to changes in demand, creating a level of "cyber-kanban" unimaginable a few years ago. Companies can now truly respond to the pull of the market rather than the push of supply. Companies are also using advanced Business Intelligence (BI) software to mine the demand signal repository and cull critical insights for action and response. Case in point: Wal-Mart’s response to Hurricane Katrina was based on insights gained from mining community consumption trends during previous hurricanes.
Book Synopsis Value Chain Management in the Chemical Industry by : Matthias Kannegiesser
Download or read book Value Chain Management in the Chemical Industry written by Matthias Kannegiesser and published by Springer Science & Business Media. This book was released on 2008-06-11 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain management helped companies to manage volumes, fulfil customer demand and optimize costs in production and distribution. Specifically, chemical industry companies with high complexity in production and distribution used supply chain management to steer their operations. Confronted with globalization and increasing raw material and sales price volatility, optimizing supply chain costs is no longer sufficient to ensure the overall profitability of the business. Value chain management takes supply chain management to the next level by integrating all volume and value decisions from sales to procurement. The book presents the value chain management concept and demonstrates how it is applied in a global value chain planning model for commodities in the chemical industry. A comprehensive industry case study illustrates the effects of decision making integration, e.g. the influence of raw material prices or exchange rates on optimal sales, production, distribution and procurement plans as well as overall company profitability.
Book Synopsis Distributed Decision Making by : Christoph Schneeweiss
Download or read book Distributed Decision Making written by Christoph Schneeweiss and published by Springer Science & Business Media. This book was released on 2012-11-07 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed decision making (DDM) has become of increasing importance in quantitative decision analysis. In applications like supply chain management, service operations, or managerial accounting, DDM has led to a paradigm shift. The book provides a unified approach to such seemingly diverse fields as multi-level stochastic programming, hierarchical production planning, principal agent theory, negotiations or contract theory. Different settings like multi-level one-person decision problems, multi-person antagonistic planning, and leadership situations are covered. Numerous examples and real-life planning cases illustrate the concepts. The new edition has been considerably expanded by additional chapters on supply chain management, service operations and multi-agent systems.
Book Synopsis Advances in Computational Intelligence by : Ignacio Rojas
Download or read book Advances in Computational Intelligence written by Ignacio Rojas and published by Springer. This book was released on 2019-06-05 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set LNCS 10305 and LNCS 10306 constitutes the refereed proceedings of the 15th International Work-Conference on Artificial Neural Networks, IWANN 2019, held at Gran Canaria, Spain, in June 2019. The 150 revised full papers presented in this two-volume set were carefully reviewed and selected from 210 submissions. The papers are organized in topical sections on machine learning in weather observation and forecasting; computational intelligence methods for time series; human activity recognition; new and future tendencies in brain-computer interface systems; random-weights neural networks; pattern recognition; deep learning and natural language processing; software testing and intelligent systems; data-driven intelligent transportation systems; deep learning models in healthcare and biomedicine; deep learning beyond convolution; artificial neural network for biomedical image processing; machine learning in vision and robotics; system identification, process control, and manufacturing; image and signal processing; soft computing; mathematics for neural networks; internet modeling, communication and networking; expert systems; evolutionary and genetic algorithms; advances in computational intelligence; computational biology and bioinformatics.
Book Synopsis Intelligent Computational Optimization in Engineering by : Mario Koeppen
Download or read book Intelligent Computational Optimization in Engineering written by Mario Koeppen and published by Springer Science & Business Media. This book was released on 2011-07-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: We often come across computational optimization virtually in all branches of engineering and industry. Many engineering problems involve heuristic search and optimization, and, once discretized, may become combinatorial in nature, which gives rise to certain difficulties in terms of solution procedure. Some of these problems have enormous search spaces, are NP-hard and hence require heuristic solution techniques. Another difficulty is the lack of ability of classical solution techniques to determine appropriate optima of non-convex problems. Under these conditions, recent advances in computational optimization techniques have been shown to be advantageous and successful compared to classical approaches. This Volume presents some of the latest developments with a focus on the design of algorithms for computational optimization and their applications in practice. Through the chapters of this book, researchers and practitioners share their experience and newest methodologies with regard to intelligent optimization and provide various case studies of the application of intelligent optimization techniques in real-world applications.This book can serve as an excellent reference for researchers and graduate students in computer science, various engineering disciplines and the industry.
Book Synopsis Supply Chain Management by : Dilek Onkal
Download or read book Supply Chain Management written by Dilek Onkal and published by BoD – Books on Demand. This book was released on 2011-08-01 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges faced by supply chains appear to be growing exponentially under the demands of increasingly complex business environments confronting the decision makers. The world we live in now operates under interconnected economies that put extra pressure on supply chains to fulfil ever-demanding customer preferences. Relative attractiveness of manufacturing as well as consumption locations changes very rapidly, which in consequence alters the economies of large scale production. Coupled with the recent economic swings, supply chains in every country are obliged to survive with substantially squeezed margins. In this book, we tried to compile a selection of papers focusing on a wide range of problems in the supply chain domain. Each chapter offers important insights into understanding these problems as well as approaches to attaining effective solutions.
Book Synopsis Supply Chain Contract Management by : Marcel Sieke
Download or read book Supply Chain Contract Management written by Marcel Sieke and published by Springer. This book was released on 2019-03-20 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the design of contracts in supply chains has received significant attention from researchers and practitioners. Companies try to improve their profits by designing efficient contracts that ensure a high availability of the product at a low cost. In this book the author presents a quantitative approach for designing optimal supply chain contracts. Firstly, service level contracts, which are frequently used between a supplier and a manufacturer, are analyzed. For this contract type, optimal contract parameter combinations are identified that lead to a coordinated supply chain. Secondly, an optimal contract selection strategy is developed for a supply chain where a manufacturer can choose among multiple potential buyers. Potential readership includes scholars of supply chain management and management science, graduate students interested in these areas as well as interested practitioners involved in negotiating contracts.
Book Synopsis Supply Chain Management by : Pengzhong Li
Download or read book Supply Chain Management written by Pengzhong Li and published by BoD – Books on Demand. This book was released on 2011-04-26 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of supply chain management is to make production system manage production process, improve customer satisfaction and reduce total work cost. With indubitable significance, supply chain management attracts extensive attention from businesses and academic scholars. Many important research findings and results had been achieved. Research work of supply chain management involves all activities and processes including planning, coordination, operation, control and optimization of the whole supply chain system. This book presents a collection of recent contributions of new methods and innovative ideas from the worldwide researchers. It is aimed at providing a helpful reference of new ideas, original results and practical experiences regarding this highly up-to-date field for researchers, scientists, engineers and students interested in supply chain management.
Book Synopsis Handbook Integral Logistics Management by : Paul Schönsleben
Download or read book Handbook Integral Logistics Management written by Paul Schönsleben and published by Springer Nature. This book was released on 2022-09-24 with total page 901 pages. Available in PDF, EPUB and Kindle. Book excerpt: This well-established handbook presents integral logistics management as the management of the flow of goods, data and control along the comprehensive life cycle of products and services in both classical and service industries. It offers a well-founded overview for managers, practitioners and advanced users. For the 6th edition, the content has been tightened and the following topics have been extended: the design of integrated offers of intangibles and tangibles goods in industrial product-service systems the integrated design of product, distribution, retail, service, and transportation networks for global location planning new examples of frameworks, standards and indices to practically demonstrate the social and environmental performance in sustainable in supply chains. Other new sections deal with: the benefit of different types of cooperation between the R&D and engineering departments in companies with an “engineer-to-order” (ETO) production environment the suitability of scenario planning for long-term demand forecasting, if influence factors of the surrounding systems play a role in an unknown manner. Furthermore, each section now contains at the beginning its intended learning outcomes (ILO). The material covers most of the key terms in the five APICS CPIM (Certified in Production and Inventory) modules as well as in the ASCM / APICS CSCP (Certified Supply Chain Professional) program.
Book Synopsis RESEARCH IN SUPPLY CHAIN MODELS by : Dr. P. Senthil
Download or read book RESEARCH IN SUPPLY CHAIN MODELS written by Dr. P. Senthil and published by Sushisen international publication. This book was released on 2023-04-02 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research is "creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to controlling sources of bias and error.
Book Synopsis Understanding Supply Chains : Concepts, Critiques, and Futures by : Steve New
Download or read book Understanding Supply Chains : Concepts, Critiques, and Futures written by Steve New and published by OUP Oxford. This book was released on 2004-09-23 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multiple Criteria Decision Making in Supply Chain Management by : A. Ravi Ravindran
Download or read book Multiple Criteria Decision Making in Supply Chain Management written by A. Ravi Ravindran and published by CRC Press. This book was released on 2017-07-12 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain management decisions are made under the conflicting criteria of maximizing profit and customer responsiveness while minimizing supply chain risk. Multiple Criteria Decision Making in Supply Chain Management provides a comprehensive overview of multi-criteria optimization models and methods that can be used in supply chain decision making. Presenting the contributions of internationally known authors, researchers, educators, and practitioners, this new book in the Operations Research Series provides readers with a single source guide to recent developments in this area. The focus of the book is on the design and operation of the supply chain system, which involves connecting many production and distribution systems, often across wide geographic distances, in such a way that the businesses involved can ultimately satisfy the consumer demand as efficiently as possible, resulting in maximum financial returns to those businesses connected to that supply chain system. The book includes several case studies on the design and operation of supply chain networks in manufacturing and healthcare.
Book Synopsis Principles of Inventory Management by : John A. Muckstadt
Download or read book Principles of Inventory Management written by John A. Muckstadt and published by Springer Science & Business Media. This book was released on 2010-03-20 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household. This textbook examines basic mathematical techniques used to sufficiently manage inventories by using various computational methods and mathematical models. The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential. It contains both deterministic and stochastic models along with algorithms that can be employed to find solutions to a variety of inventory control problems. With exercises at the end of each chapter and a clear, systematic exposition, this textbook will appeal to advanced undergraduate and first-year graduate students in operations research, industrial engineering, and quantitative MBA programs. It also serves as a reference for professionals in both industry and government worlds. The prerequisite courses include introductory optimization methods, probability theory (non-measure theoretic), and stochastic processes.
