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Organizations are often facing the problem of determining the degree of investment in building information links with their suppliers and buyers to reduce costs, lead times, and quality problems, improve timely customized delivery, increase asset utilization and improve corporate profitability....
Persistent link: https://www.econbiz.de/10014222427
This paper discusses how a manufacturer and its retailers interact with each other to optimize their product marketing strategies, platform product configuration and inventory policies in a VMI (Vendor Managed Inventory) supply chain. The manufacturer procures raw materials from multiple...
Persistent link: https://www.econbiz.de/10012757795
This paper examines the effect of information sharing on supply chain configuration where the market characterized by demand uncertainty. A dynamic multi-stage game theoretic model with incomplete information is employed to capture the sequence of events. Our supply chain consists of two...
Persistent link: https://www.econbiz.de/10013100439
We consider a supply chain in which an original brand manufacturer (OBM) outsources the production to a contract manufacturer (CM), who encroaches the end-customer market with a competing product. The CM’s production cost can benefit from economies of scale. Both the OBM and the CM sell their...
Persistent link: https://www.econbiz.de/10014244118
This paper addresses the concept of quality risk in outsourcing. Recent trends in outsourcing extend a contract manufacturer's (CM's) responsibility to several functional areas such as research and development and design in addition to manufacturing. This trend enables an original equipment...
Persistent link: https://www.econbiz.de/10014047603
Minimizing production cost is a key element of the industry. To use resources efficiently, various concepts of operations management have been developed since the Industrial Revolution such as just in time, total quality control or lean manufacturing. Manufacturing shops – classified broadly...
Persistent link: https://www.econbiz.de/10012962782
The paper is concerned with instructions as a way of setting premises for subsequent decisions in models of teams à la Marschak-Radner, under information diversification. The paper suggests that instructions can bridge people's differences in knowledge: they do not require mutual understanding...
Persistent link: https://www.econbiz.de/10014028055
Purpose: This paper examines the claim that the application of human factors (HF) knowledge can improve both human well-being and operations system performance. Methodology: A systematic review was conducted using a general and two specialist databases to identify empirical studies addressing...
Persistent link: https://www.econbiz.de/10013142678
This paper describes how entrepreneurial firms can use superior architectural knowledge to open up a technical system to gain strategic advantage. The strategy involves, first, identifying “bottlenecks” in the existing system, and then creating a new open architecture that isolates the...
Persistent link: https://www.econbiz.de/10013148044
In this paper, we consider a continuous review inventory system of a slow moving item for which the demand rate drops to a lower level at a pre-determined time. Inventory system is controlled according to one-for-one replenishment policy with fixed lead time. Adaptation to the lower demand rate...
Persistent link: https://www.econbiz.de/10013150326