Global Supply Chain Performance and Risk Optimization : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry

Online-Ressource (XVI, 267p)

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1 Introduction1.1 Motivation -- 1.2 Problem descriptions -- 1.3 Roadmap -- 2 Literature review - basic theories and key contributions -- 2.1 Foreign exchange theory -- 2.2 Foreign exchange risk management theory -- 2.3 Real Options -- 2.4 Global supply chain management -- 2.5 Recap of real option research and applications to date -- 3 Getting to Global - Building a Global supply chain Network Model -- 3.1 The GLBNET supply chain network structure -- 3.2 The process-based business case -- 3.3 The GLBNET Model description and formulation -- 3.4 Introducing Foreign Exchange uncertainty into the GLBNET Model -- 3.5 Real Options Evaluation Methodology -- 4 The cost and value of Real Options Flexibility -- 4.1 Real Options add flexibility to the GLBNET supply chain -- 4.2 Financial Performance - Flexibility makes money -- 4.3 Real Options is the most profitable supply chain strategy -- 4.4 The Face of Flexibility - Value Added and Material Spend allocations under different FX scenarios -- 5 A Real Options Action Plan -- 5.1 Are Real Options appropriate for my supply chain? -- 5.2 Real Options Action Plan -- 5.3 Focus on the engine for continuous improvement - flexibility -- 6 Areas for further research -- 6.1 Contributions of this work -- 6.2 Suggestions for further research -- 6.3 Outlook -- References -- Appendices -- GLBNET Model GAMS formulation -- Mathematical formulation of the GLBNET Model -- Example Executive Summary Report -- Example Executive Sourcing Report -- Example GLBNET Log File.

10.1007/978-3-322-81407-4 [DOI]

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