A new forecasting scheme for evaluating long-term prediction performances in supply chain management

2014 ◽  
Vol 21 (6) ◽  
pp. 1045-1060 ◽  
Author(s):  
Wook-Yeon Hwang ◽  
Jong-Seok Lee
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Chain Management ◽  
Term Prediction ◽  
Long Term Prediction

Organizational Performance through Dairy Supply Chain Management Practices

2016 ◽  
pp. 84-96
Author(s):  
Rajeev Kumar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Organizational Performance ◽  
Management System ◽  
Market Performance ◽  
Customer Relationship ◽  
Chain Management ◽  
Improved Performance ◽  
The Relationship

Organizational implementing supply chain management (SCM) has obtained improved performance. Cost savings, increased revenues and the reduction of defects in products are some of the main advantages of introducing dairy supply chain management. These are also mentioned as long-term goals of the supply chain. Business profitability is closely associated with market and business shares. Based on the long-term goals of the SCM, the organizational performance measures are identified as financial and market performance and customer satisfaction. In the context of SCM, the financial and market performance factor is operational zed in terms of market share, return of total assets, annuals sales growth (Tan et al, 1999).The research paper attempts to find out the relationship between the dairy supply chain management (DSCM) practices and organizational performance. Various practices of DSCM through extensive literature review is taken into account i.e. Information and Communication Technology Practices, Supplier Relationship Practices, Supply Chain Manufacturing Practices, Inventory management system, Warehousing Management System, Transportation Management System, Customer Relationship Management for establishing the relationship with organizational performance. The aim of this study is to recommend these findings to companies which are still at the infancy stage when it comes to dairy supply chain management and integration with customers and suppliers.

Cooperative and competitive conflict for quality supply partnerships between China and Hong Kong

1999 ◽  
Vol 29 (1) ◽  
pp. 7-21 ◽  
Author(s):  
Alfred Wong ◽  
Dean Tjosvold ◽  
Winnie Y.L. Wong ◽  
C.K. Liu
Keyword(s):  
Hong Kong ◽  
Supply Chain ◽  
Supply Chain Management ◽  
North America ◽  
East Asia ◽  
Structural Equation ◽  
Conflict Avoidance ◽  
Chain Management ◽  
Supply Chain Partnerships

Although the value of trusting, long‐term relationships for supply chain management is increasingly recognized, how conflict might contribute to quality supply chain partnerships is not well understood. This study uses research on cooperative and competitive conflict to identify when conflict can help develop productive relationships. Results of structural equation analyses suggest that manufacturers and suppliers who feel interdependent rely upon cooperative approaches to conflict, not competitive or avoiding approaches. Cooperative conflict in turn strengthens trust and a long‐term orientation which result in quality enhancing relationships with suppliers. These results challenge the value of conflict avoidance in East Asia. The theory of cooperative and competitive conflict, although developed largely in North America, seems useful for understanding and building quality supply chain partnerships in East Asia.

Maturity Models as Tools for Focal Player Forming Virtual Organizations

2012 ◽  
Vol 452-453 ◽  
pp. 829-832 ◽  
Author(s):  
Taivo Kangilaski
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Raw Materials ◽  
Virtual Organizations ◽  
Maturity Model ◽  
Maturity Models ◽  
Chain Management ◽  
Model Based ◽  
Current Article

Supply chain management is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. Thus it is important for organisations to build up their partner networks supporting their long-term demand forecasts for capacity requirements. Constructing such an ecosystem, the companies need some supporting framework. The current article proposes maturity model based approach that could assist companies in their decisions.

scholarly journals Complexity, continuity, and strategic management of buyer–supplier relationships from a network perspective

2021 ◽  
Vol 17 (3) ◽  
pp. 189-226
Author(s):  
Martin Pech ◽  
◽  
Drahoš Vaněček ◽  
Jaroslava Pražáková ◽  
◽  
...  
Keyword(s):  
Supply Chain ◽  
Czech Republic ◽  
Supply Chain Management ◽  
Strategic Management ◽  
Theory And Practice ◽  
Supplier Relationships ◽  
The Czech Republic ◽  
Chain Management ◽  
Supplier Networks

PURPOSE: Current research seeks to create an economic model that connects strategic management and network theory. However, most theoretical models do not provide empirical evidence of network relationships’ real structure and attributes. The purpose of the paper is to explore the relation between enterprise characteristics and the characteristics of buyer–supplier relationships in supply chain networks. We are specifically interested in business relationships in networks with respect to the various enterprises’ sizes and sectors of industry. The subject of our research was characteristics, such as network relationship complexity, continuity of relationships, and strategic management in networks. The paper summarizes the results of an empirical study on buyer-supplier networks and accentuates the importance of developing and fostering business collaboration for strategic management. METHODOLOGY: We conducted the questionnaire research in 2016–2019 on 360 enterprises from the Czech Republic. We selected the research sample based on the non-probability purposive sampling method. The members of the research team collected data from an online survey and personal visits to enterprises. The statistical analysis of hypotheses is based on the frequency of managers’ answers. To evaluate results, a two-proportion Z-Test is used for comparing different categories of enterprises according to their enterprise size or prevailing sector of the industry. FINDINGS: The main results show that the differences between enterprises involved in the buyer–supplier structures lie mainly in their size. The survey did not identify differences between industry sectors. The findings show that the complexity of networks in the Czech Republic is not high in terms of the number of suppliers or involvement in many supply networks. The continuity of relationships with partners in buyer–supplier networks is relatively long-term oriented. Long-term partnerships reflect the higher quality of relationships and support future integration. However, large enterprises prefer to build contracts for shorter or longer periods. An overall decentralization strategy characterizes the strategic management of buyer–supplier networks. This finding means dividing competencies such as planning, managing, sourcing, decision-making, transporting (delivering) among more enterprises. IMPLICATIONS FOR THEORY AND PRACTICE: The paper provides an insight into understanding how the buyer–supplier network functions. The theory’s implication builds on the connection of supply chain management and strategic management from the network perspective. Supply chain management is viewed as a part of strategic management, and the synthesis of both research areas opens an innovative view to business theory. ORIGINALITY AND VALUE: The paper’s principal value is the connection between contemporary ideas of strategic management and supply chain management. The synthesis of supply chain management and network approach enhances strategic management theory.

SUPPLY CHAIN MANAGEMENT DAN KINERJA PERUSAHAAN

2016 ◽  
Vol 1 (1) ◽  
pp. 23-30
Author(s):  
Widarto Rachbini
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Sharing ◽  
Structural Equation ◽  
Process Integration ◽  
Equation Modeling ◽  
Integration Process ◽  
Management Information ◽  
Chain Management

The purpose of this study was to determine the influence of Supply Chain Management on the performance of the company. This study uses 165 manufacturing employees in Indonesia as a sample through www.googledocs.com. The analysis was conducted using Structural Equation Modeling (SEM) and processed using Lisrel 8.7. The research proves that information sharing, long term relations, cooperation and integration process, positively and significantly influence the company's performance. But Long Term Relations has no significantly influence on the company’s performance. Keywords: Supply chain management. Information Sharing, Long Term Relations, Cooperation, Process Integration, the company’s performance

ANALYSIS OF THE EFFECT OF SUPPLY CHAIN MANAGEMENT ON THE COMPETITIVENESS OF COASTAL FISHERMAN COMMUNITIES IN NORTH MINAHASA DISTRICT

2021 ◽  
Vol 9 (2) ◽  
pp. 142-192
Author(s):  
Merlyn Mourah Karuntu ◽  
Indrie Debbie Palandeng ◽  
Mirah Rogi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Sharing ◽  
Process Integration ◽  
Linear Regression Analysis ◽  
Distribution Networks ◽  
Fishing Communities ◽  
Chain Management ◽  
North Sulawesi

Supply Chain Management is an integrative method or approach to manage the flow of products, information, and money in an integrated manner that involves parties ranging from upstream to downstream consisting of suppliers, factories, distribution networks and logistics services. Supplier is one of the most important links in determining the quality of the product and the speed at which the product reaches the consumer. In the capture fisheries industry in North Sulawesi, the coastal fishing community in North Minahasa Regency is one of the spearheads of the success of the capture fisheries industry supply chain because it functions as a supplier to the fish processing industry in North Sulawesi. The purpose of this study was to analyze the influence of Supply Chain Management, namely the variables of technical and managerial assistance, information sharing, trust, long-term relationships, and process integration on the competitiveness of coastal fishing communities in North Minahasa Regency. This study uses a causal associative research type. The analytical method used is Multiple Linear Regression Analysis. The results showed that technical and managerial assistance, information sharing and trust had a significant effect on the competitiveness of coastal fishing communities in North Minahasa regency, while long-term relationship variables and process integration had no significant effect on the competitiveness of coastal fishing communities in North Minahasa Regency.

Impact of Customer Awareness and Buying Behavior on Sustainability Capability of Nestle SSCM

2021 ◽  
Vol 2 (1) ◽  
pp. 6-11
Author(s):  
Hifsa Hussain Raja ◽  
Fozia Mehboob ◽  
Dr. Raza Naqvia ◽  
Aqsa Hussain Raja ◽  
Samavia Hussain Raja
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Sustainable Supply Chain ◽  
Buying Behavior ◽  
Economic Stability ◽  
Chain Management ◽  
Market Growth ◽  
The Social ◽  
Business Approach

Firm sustainability has been becoming increasingly significant for firms and has been considered as the main constituent of the social contract between society and business. We specifically chose Nestlé food and beverages and define sustainable development as a means to increase global access to nutritious food so that future generations will be able to contribute to sustainable social and economic stability and climate security. Our core business approach is to create long-term sustainable equity across Nestlé's 135-year existence for our customers, buyers, workers, shareholders, and the world as a whole. The Nestlé Values of the group say openly that we support long-term market growth in the short term. We urge managers not to do so at the risk of efficient, long-term growth while pledging ourselves to safe profits. Awareness of the consumers is important for improving the company's sustainable environmental development and supply chain management. To evaluate the role of client understanding in a sustainable supply chain we would like to examine the specific connection between consumer knowledge and their durability in the sustained management of the supply chain. In addition, the effect of customers on the viability of the supply chain processes in Nestle is strengthening. A computational model is proposed to test the importance and influence of customer awareness. It is necessary to increase knowledge about how sustainable supply chain management operates to boost organizations’ capacity to create a social and environmental difference in supply chains. We use SPSS software for data analysis and P-test, F-test, and T-test for analysis.

Application of the Theory of Constraints in Supply Chain

2014 ◽  
Vol 708 ◽  
pp. 13-19
Author(s):  
Pavel Ceniga ◽  
Viera Šukalová
Keyword(s):  
Corporate Governance ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Theory Of Constraints ◽  
Modern Approach ◽  
Chain Management ◽  
Good Management ◽  
Low Costs ◽  
Effectiveness And Efficiency

Good management is the process of finding permanent solutions to the dilemma of balance and achieving effectiveness and efficiency, differentiation and low costs, financial goals and long-term vision, consistency and flexibility. Modern approach corporate governance requires a new understanding of management in relation to one of its internal and external elements. The paper deals with the application of the Theory of Constraints in the environment of Supply Chain. The main goal is to present the Theory of Constraints approach with basic five steps focusing process in the area of the supply chain management. Specifically it shows how the TOC can be used in many others areas of application.

scholarly journals THE COMMITTEE SYSTEM FOR COMPETITIVE BIDS IN LOCAL GOVERNMENT

2017 ◽  
Vol 12 (2) ◽  
pp. 56
Author(s):  
P Bolton
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Local Government ◽  
Management Policy ◽  
Competitive Bidding ◽  
Chain Management ◽  
Adjudication Committee ◽  
Bidding Process

When a municipality contracts for goods or services, it must make use of competitive bidding / a public call for tenders for contracts over R200 000 as well as for long term contracts. A competitive bidding process generally consists of different stages, for example, compiling bid specifications, advertising the bid, the receipt and evaluation of bids, and the award and implementation of the contract. The Municipal Supply Chain Management Regulations require a municipality’s Supply Chain Management Policy to provide for a committee system to oversee the different stages. Such committee system must, moreover, consist of at least a bid specification committee, a bid evaluation committee and a bid adjudication committee. Until recently, little attention has been given by the courts to the roles and composition of the different committees in the committee system. It is only after government, and in particular, municipalities have begun to implement the committee system in their procurement processes that it is evident that problems are arising. In recent months, the courts have increasingly had to deal with issues pertaining to the implementation of the committee system.In this article, the relevant legislative provisions on the committee system for competitive bids in local government are discussed. The functions of each committee are explained and all the cases that have thus far involved the implementation of the committee system are critically analysed. Much attention is given to the cases since they serve as a warning to municipalities to uphold and comply with the rules relating to the roles and composition of the different committees. The cases illustrate how important it is for municipalities to ensure that the different committees are properly constituted and that decisions at meetings are properly taken. They also highlight the importance of the supervisory role of the municipal manager over the different committees. In light of the cases it is clear that failure to comply with all the legislative requirements results in very costly litigation. 

scholarly journals Usage of Data Analytics in Improving Sourcing of Supply Chain Inputs

2021 ◽  
Author(s):  
S M Nazmuz Sakib
Keyword(s):  
Supply Chain ◽  
Data Analysis ◽  
Supply Chain Management ◽  
Organizational Performance ◽  
Information Exchange ◽  
Data Analytics ◽  
Supply And Demand ◽  
Chain Management ◽  
Input Side

One of the most remarkable features in the 20th century was the digitalization of technical progress, which changed the output of companies worldwide and became a defining feature of the century. The growth of information technology systems and the implementation of new technical advances, which enhance the integrity, agility and long-term organizational performance of the supply chain, can distinguish a digital supply chain from other supply chains. For example, the Internet of Things (IoT)-enabled information exchange and Big Data analysis might be used to regulate the mismatch between supply and demand. In order to assess contemporary ideas and concepts in the field of data analysis in the context of supply chain management, this literary investigation has been decided. The research was conducted in the form of a comprehensive literature review. In the SLR investigation, a total of 71 papers from leading journals were used. SLR has found that data analytics integrate into supply chain management can have long-term benefits on supply chain management from the input side, i.e., improved strategic development, management and other areas.

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