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Offshoring is one of the defining phenomena of 21st century manufacturing. It attracts significant attention in academic, business, and social circles in both developed and developing economies. Despite the relevance of this phenomenon, there is limited research exploring to what extent...
Persistent link: https://www.econbiz.de/10010753136
This paper explores the rationale for planning time-phased safety stocks. We assert that a single safety stock vector for the entire planning horizon (typically based on stationary demand forecast errors and stationary replenishment lead times) may be insufficient for hedging against...
Persistent link: https://www.econbiz.de/10011043378
Over the past two decades, the scope of some key subjects in operations management has extended beyond the single company to include supply chain (SC) partners and their interactions. One example of such an extension is the contemporary concept of supply chain flexibility (SCF). Although there...
Persistent link: https://www.econbiz.de/10011076765
This paper aims to present the empirical findings and lessons learnt from an action research on the evolution of the performance measurement system (PMS) for the Logistics Department of a broadcasting company. The development covers the procedure rather than the structure of PMS offering a...
Persistent link: https://www.econbiz.de/10011193810