Modeling Frameworks For Supply Chain Analytics
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Modeling Frameworks For Supply Chain Analytics
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Author : Amit Shinde
language : en
Publisher:
Release Date : 2012
Modeling Frameworks For Supply Chain Analytics written by Amit Shinde and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business logistics categories.
Supply chains are increasingly complex as companies branch out into newer products and markets. In many cases, multiple products with moderate differences in performance and price compete for the same unit of demand. Simultaneous occurrences of multiple scenarios (competitive, disruptive, regulatory, economic, etc.), coupled with business decisions (pricing, product introduction, etc.) can drastically change demand structures within a short period of time. Furthermore, product obsolescence and cannibalization are real concerns due to short product life cycles. Analytical tools that can handle this complexity are important to quantify the impact of business scenarios/decisions on supply chain performance. Traditional analysis methods struggle in this environment of large, complex datasets with hundreds of features becoming the norm in supply chains. We present an empirical analysis framework termed Scenario Trees that provides a novel representation for impulse and delayed scenario events and a direction for modeling multivariate constrained responses. Amongst potential learners, supervised learners and feature extraction strategies based on tree-based ensembles are employed to extract the most impactful scenarios and predict their outcome on metrics at different product hierarchies. These models are able to provide accurate predictions in modeling environments characterized by incomplete datasets due to product substitution, missing values, outliers, redundant features, mixed variables and nonlinear interaction effects. Graphical model summaries are generated to aid model understanding. Models in complex environments benefit from feature selection methods that extract non-redundant feature subsets from the data. Additional model simplification can be achieved by extracting specific levels/values that contribute to variable importance. We propose and evaluate new analytical methods to address this problem of feature value selection and study their comparative performance using simulated datasets. We show that supply chain surveillance can be structured as a feature value selection problem. For situations such as new product introduction, a bottom-up approach to scenario analysis is designed using an agent-based simulation and data mining framework. This simulation engine envelopes utility theory, discrete choice models and diffusion theory and acts as a test bed for enacting different business scenarios. We demonstrate the use of machine learning algorithms to analyze scenarios and generate graphical summaries to aid decision making.
Supply Chain Analytics
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Author : Işık Biçer
language : en
Publisher: Springer Nature
Release Date : 2023-06-27
Supply Chain Analytics written by Işık Biçer and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-27 with Business & Economics categories.
This textbook offers a detailed account of analytical models used to solve complex supply chain problems. It introduces a unique risk analysis framework that helps the reader understand the sources of uncertainties and use appropriate models to improve decisions in supply chains. This framework illustrates the complete supply chain for a product and demonstrates the supply chain's exposure to demand, supply, inventory, and financial risks. Step by step, this book provides a detailed examination of analytical methods that optimize operational decisions under different types of uncertainty. It discusses stochastic inventory models, introduces uncertainty modeling methods, and explains methods for managing uncertainty. To help readers deepen their understanding, it includes access to various supplementary material including an online interactive tool in Python. This book is intended for undergraduate and graduate students of supply chain management with a focus on supply chain analytics. It also prepares practitioners to make better decisions in this field.
Supply Chain Analytics
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Author : Rabindranath Bhattacharya (Professor of management)
language : en
Publisher:
Release Date : 2022
Supply Chain Analytics written by Rabindranath Bhattacharya (Professor of management) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Business logistics categories.
"An easy-to-read textbook that will help students understand and appreciate the concepts and decision-making processes of supply chain management through analytics. This book provides the concepts, strategies and models with their solutions related to supply chains. Using accessible quantitative models, it provides a unified framework for supply chain analytics for products right from sourcing to manufacturing to delivery, and to return for remanufacturing to close the supply chain. The book synthesizes a collection of analytical models in the context of both formulation and solution of the problems in all the areas of supply chain"--
Supply Chain Analytics And Modelling
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Author : Nicoleta Tipi
language : en
Publisher: Kogan Page Publishers
Release Date : 2021-04-03
Supply Chain Analytics And Modelling written by Nicoleta Tipi and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-03 with Technology & Engineering categories.
An incredible volume of data is generated at a very high speed within the supply chain and it is necessary to understand, use and effectively apply the knowledge learned from analyzing data using intelligent business models. However, practitioners and students in the field of supply chain management face a number of challenges when dealing with business models and mathematical modelling. Supply Chain Analytics and Modelling presents a range of business analytics models used within the supply chain to help readers develop knowledge on a variety of topics to overcome common issues. Supply Chain Analytics and Modelling covers areas including supply chain planning, single and multi-objective optimization, demand forecasting, product allocations, end-to-end supply chain simulation, vehicle routing and scheduling models. Learning is supported by case studies of specialist software packages for each example. Readers will also be provided with a critical view on how supply chain management performance measurement systems have been developed and supported by reliable and accurate data available in the supply chain. Online resources including lecturer slides are available.
Quantitative Models For Supply Chain Management
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Author : Sridhar Tayur
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Quantitative Models For Supply Chain Management written by Sridhar Tayur and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.
Introduction To Supply Chain Analytics
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Author : Dmitry Ivanov
language : en
Publisher: Springer Nature
Release Date :
Introduction To Supply Chain Analytics written by Dmitry Ivanov and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Networks Against Time
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Author : Anna Nagurney
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-02-01
Networks Against Time written by Anna Nagurney and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-01 with Business & Economics categories.
Despite significant achievements, the discipline of supply chain management is still unable to satisfactorily handle many practical real-world challenges. The authors of Networks Against Time claim that a unified supply chain network analytics framework is needed which should be able to handle optimization and competitive behavior while also maintain relevance to many industrial sectors in which perishable products are prominent, from healthcare to food and from fashion apparel to technology. This Brief provides a wide range of critical supply chain problems which are modeled as generalized networks. Guidelines are provided to determine the arc multipliers that capture perish ability of the product whether food, radioisotopes, or even highly perishable blood in healthcare over space and time. Through case studies the authors portray the application of the models and algorithms to real-world sectors which illustrate the power of the framework in practice. The models and algorithms are fully described along with the input and output data in the case studies. This level of transparency is useful pedagogically as well as for future research and for applications in practice. Researchers and practitioners in mathematics, in operations research and management science, operations management, as well as in economics and computer science will find this book useful to gain a broader appreciation of the richness of network supply chain structures, processes, and applications. This book can also be used by advanced undergraduate students and graduate students in the disciplines noted above to familiarize themselves with methodologies and supply chain network models and applications.
Supply Chain And Logistics Management Concepts Methodologies Tools And Applications
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Author : Management Association, Information Resources
language : en
Publisher: IGI Global
Release Date : 2019-11-01
Supply Chain And Logistics Management Concepts Methodologies Tools And Applications written by Management Association, Information Resources and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-01 with Business & Economics categories.
Business practices are constantly evolving in order to meet growing customer demands. Evaluating the role of logistics and supply chain management skills or applications is necessary for the success of any organization or business. As market competition becomes more aggressive, it is crucial to evaluate ways in which a business can maintain a strategic edge over competitors. Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications is a vital reference source that centers on the effective management of risk factors and the implementation of the latest supply management strategies. It also explores the field of digital supply chain optimization and business transformation. Highlighting a range of topics such as inventory management, competitive advantage, and transport management, this multi-volume book is ideally designed for business managers, supply chain managers, business professionals, academicians, researchers, and upper-level students in the field of supply chain management, operations management, logistics, and operations research.
Handbook Of Quantitative Supply Chain Analysis
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Author : David Simchi-Levi
language : en
Publisher: Springer Science & Business Media
Release Date : 2004-05-31
Handbook Of Quantitative Supply Chain Analysis written by David Simchi-Levi and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-05-31 with Business & Economics categories.
The Handbook is a comprehensive research reference that is essential for anyone interested in conducting research in supply chain. Unique features include: -A focus on the intersection of quantitative supply chain analysis and E-Business, -Unlike other edited volumes in the supply chain area, this is a handbook rather than a collection of research papers. Each chapter was written by one or more leading researchers in the area. These authors were invited on the basis of their scholarly expertise and unique insights in a particular sub-area, -As much attention is given to looking back as to looking forward. Most chapters discuss at length future research needs and research directions from both theoretical and practical perspectives, -Most chapters describe in detail the quantitative models used for analysis and the theoretical underpinnings; many examples and case studies are provided to demonstrate how the models and the theoretical insights are relevant to real situations, -Coverage of most state-of-the-art business practices in supply chain management.
Supply Chain Simulation
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Author : Francisco Campuzano
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-07-16
Supply Chain Simulation written by Francisco Campuzano and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-16 with Technology & Engineering categories.
Supply Chain Simulation allows readers to practice modeling and simulating a multi-level supply chain. The chapters are a combination of the practical and the theoretical, covering: knowledge of simulation methods and techniques, the conceptual framework of a typical supply chain, the main concepts of system dynamics, and a set of practice problems with their corresponding solutions. The problem set includes illustrations and graphs relating to the simulation results of the Vensim® program, the main code of which is also provided. The examples used are a valuable simulation tool that can be modified and extended according to user requirements. The objective of Supply Chain Simulation is to meet the demands of supply chain simulation or similar courses taught at the postgraduate level. The “what if” analysis recreates different simulation scenarios to improve the decision-making process in terms of supply chain performance, making the book useful not only for postgraduate students, but also for industrial practitioners.