The Benefits Of Decentralized Decision Making In Supply Chains
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The Benefits Of Decentralized Decision Making In Supply Chains
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Author : Elena Belavina
language : en
Publisher:
Release Date : 2020
The Benefits Of Decentralized Decision Making In Supply Chains written by Elena Belavina and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
The inefficiency of decentralized decision-making is one of the most influential findings of the supply chain coordination literature. This paper shows that with the possibility of continuing trade, decentralization can be beneficial in improving supply chain performance. In a supply chain with decentralized decision-making and continuing trade, it is easier to incentivize players to coordinate on efficient actions. There are more gains to be shared from coordination, and by virtue of each player being a smaller influence on the system, any individual player's opportunism is less of a threat to coordination. These stronger incentives to coordinate manifest themselves in higher profits of supply chains with decentralized decision-making and additional terms of contracting acceptable to all players. Our analysis demonstrates that the widely accepted inefficiency of decentralized decision making is an artifact of the simplifying assumption of one-off trade, and identifies conditions for departures from this result with continuing trade. The newly identified phenomena provide a possible explanation for the paradoxically good performance of very decentralized supply chains seen in emerging market cooperatives, urban logistics, micro-retailing, and other settings.
Modeling And Solving Decentralized Supply Chain Management Problems Using Multi Agent System With Dynamic Control Agents
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Author : Wan-Hin Derek Chau
language : en
Publisher:
Release Date : 2017-01-27
Modeling And Solving Decentralized Supply Chain Management Problems Using Multi Agent System With Dynamic Control Agents written by Wan-Hin Derek Chau and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-27 with categories.
Decision Making For Supply Chain Integration
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Author : Hing Kai Chan
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-05-01
Decision Making For Supply Chain Integration written by Hing Kai Chan 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 2012-05-01 with Technology & Engineering categories.
Effective supply chain integration, and the tight co-ordination it creates, is an essential pre-requisite for successful supply chain management. Decision-Making for Supply Chain Integration is a practical reference on recent research in the area of supply chain integration focusing on distributed decision-making problems. Recent applications of various decision-making tools for integrating supply chains are covered including chapters focusing on: Supplier selection, pricing strategy and inventory decisions in multi-level supply chains, RFID-enabled distributed decision-making, Operational risk issues and time-critical decision-making for sensitive logistics nodes, Modelling end to end processes to improve supply chain integration, and Integrated systems to improve service delivery and optimize resource use. Decision-Making for Supply Chain Integration provides an insight into the tools and methodologies of this field with support from real-life case studies demonstrating successful application of various decision-making techniques. By covering such a range of topics in this way, Decision-Making for Supply Chain Integration is a useful reference for researchers looking to develop their knowledge or find potential new avenues of research.
Digitalization Of Decentralized Supply Chains During Global Crises
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Author : Taghipour, Atour
language : en
Publisher: IGI Global
Release Date : 2021-06-18
Digitalization Of Decentralized Supply Chains During Global Crises written by Taghipour, Atour and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-18 with Business & Economics categories.
During global crises, apart from humanitarian concerns, at the economic level, supply chains around the world can be impacted. These crises can cause huge uncertainties in both the supply and demand parts of supply chains. On one side, the demand for some products and services can be reduced. On the other side, manufacturers around the world are facing shortages of supplies of raw materials and parts because of interruptions in production, disruptions to transportation, and labor shortages. In this context, organizations start to re-examine their production and service systems based on digitization of operations to not only mitigate the risk but also to build a resilient supply chain while continuing to reduce costs and maximize profits. The question that can be asked is how the decentralized supply chains can integrate new technologies to compete in a risky environment in global crises. Digitalization of Decentralized Supply Chains During Global Crises provides new approaches of digitalization of decentralized supply chains and industries to help researchers, educators, consultants, and practitioners deal with global crises and improve the global performance of supply chains. Important topics covered include blockchain, internet of things, 3D technologies, and Industry 4.0 technologies within the context of digital supply chains. This book is important for supply chain managers, manufacturers, producers, logistics personnel, economists, practitioners, stakeholders, researchers, academicians, and students.
The Impact And Dynamics Of Centralization In Supply Chain Decision Making
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Author : Guruprakash Coimbatore Rangavittal
language : en
Publisher:
Release Date : 2008
The Impact And Dynamics Of Centralization In Supply Chain Decision Making written by Guruprakash Coimbatore Rangavittal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Companies with a corporate supply chain department and multiple business units use one of two methods for their supply chain decision-making: centralized decision-making where supply chain decisions are made at the corporate level by the central supply chain department or decentralized decision-making where supply chain decisions are made at a business unit level. We investigate the hypothesis that a centralized organizational structure helps companies lower costs and a decentralized organization structure enables companies to quickly respond to customer needs on a real time basis and improve customer service. To evaluate our hypothesis we surveyed industry current practice. Based on our analysis from the survey, we identified three factors that influence companies to adopt either a centralized or decentralized organization structure: customer service, supply chain management cost, and organizational control. We identified that a "hybrid" structure, where strategic functions are centralized and operational functions are decentralized, had the lowest supply chain management cost percentage to sales.
Trends In Supply Chain Design And Management
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Author : Hosang Jung
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-07-17
Trends In Supply Chain Design And Management written by Hosang Jung 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 2007-07-17 with Business & Economics categories.
This edited book describes new trends in supply chain design and management with an emphasis on technologies and methodologies. It contains guidelines detailing the real-world applications of these technologies and methodologies. This book is of interest to researchers and practitioners and can also be used as a reference handbook by lecturers and postgraduate students in this field.
The Theory Methods And Application Of Managing Digital Supply Chains
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Author : Muhammad Shujaat Mubarik
language : en
Publisher: Emerald Group Publishing
Release Date : 2024-05-21
The Theory Methods And Application Of Managing Digital Supply Chains written by Muhammad Shujaat Mubarik and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-21 with Business & Economics categories.
Detailing the diverse aspects of digitalization in supply chain management, Digital Supply Chain Management helps business managers harness the cutting edge, guiding those early in their careers who seek a challenging new path whilst informing top-level managers who have their eye on the future.
Decision Making And Analysis Within Supply Chains
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Author :
language : en
Publisher:
Release Date : 2010
Decision Making And Analysis Within Supply Chains written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Performance Analysis Of Decentralized Supply Chains
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Author : Bogdan Cristian Bicheshu
language : en
Publisher:
Release Date : 2006
Performance Analysis Of Decentralized Supply Chains written by Bogdan Cristian Bicheshu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Our work, comprising three essays, examines supply chain agent performance in a variety of decentralized systems under both stochastic and deterministic customer demand. In the first two essays, we develop models for both periodic and continuous review inventory policies when the decision-making rights are split between a supplier and a retailer. The second essay also examines a vendor-managed inventory (VMI) agreement. The last essay proposes a novel approach to workload balancing for a company that faces deterministic nonstationary demand and has little, or no, ability to hold inventory. The first two essays seek to answer the following research questions: 1) when does decentralized decision making result in the greatest loss in supply chain performance and 2) what effect does the distribution of channel power have on system and individual agent performance. Channel power here refers to an agent`s relative ability to control the decision making process and is modeled using a game-theoretic framework. We characterize optimal policies where possible and we use numerical analysis to generate insights. We find that, from a supply chain perspective, asymmetric power decision structures lead to better performance and customer service. Surprisingly, we identify cases where the lowest costs are incurred at the agent level when the agent is a follower and not a leader in the Stackelberg game. Our analysis also identifies the environmental conditions when the penalty from decentralized decision making is largest and shows that concentrating channel power with one of the agents can represent a viable alternative to coordination mechanisms, when the latter are costly to implement. In the third essay, we use Fourier analysis and Walsh basis functions to decompose an input workload profile into a portfolio of recurrent insourcing and outsourcing contracts to better achieve some desired constant workload level. In addition, we develop mathematical programs based on principles from goal programming formulations to answer important practical questions such as: 1) how should a company create a portfolio of contracts to balance workload over time; 2) how should the portfolio be customized to reflect special needs with respect to time, volume, etc., 3) what is the benefit of holding inventory as a supplement to subcontracting.
Digital Transformation Of The Supply Chain A Practical Guide For Executives
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Author : Albert Tan
language : en
Publisher: World Scientific
Release Date : 2021-06-18
Digital Transformation Of The Supply Chain A Practical Guide For Executives written by Albert Tan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-18 with Business & Economics categories.
This book unravels the complexities of supply chain process transformation by explaining step by step, in simple terms, what are the requirements for success, right from the basics to how to implement this complicated task. The book provides insights into how to lead the transformation project and how to manage the change internally and externally. The authors' hands-on experience in the field via applied research is clearly illustrated in the case studies, which provide the reader with practical examples of the challenges and benefits of implementing a digital supply chain transformation project. This is a must-have book for all supply chain and operations professionals.Related Link(s)