Safety Stock, Excess Capacity or Diversification: Trade-Offs under Supply and Demand Uncertainty

2015 ◽  
Vol 25 (1) ◽  
pp. 77-95 ◽  
Author(s):  
Aadhaar Chaturvedi ◽  
Victor Martínez-de-Albéniz
Keyword(s):  
Demand Uncertainty ◽  
Supply And Demand ◽  
Excess Capacity ◽  
Safety Stock ◽  
Trade Offs

scholarly journals Integrating Ecosystem Services and Human Demand for a New Ecosystem Management Approach: A Case Study from the Giant Panda World Heritage Site

2019 ◽  
Vol 12 (1) ◽  
pp. 295 ◽  
Author(s):  
Bin Fu ◽  
Pei Xu ◽  
Yukuan Wang ◽  
Yingman Guo
Keyword(s):  
Ecosystem Services ◽  
Ecosystem Management ◽  
Giant Panda ◽  
Supply And Demand ◽  
World Heritage ◽  
World Heritage Site ◽  
Management Approach ◽  
Successful Implementation ◽  
Heritage Site ◽  
Trade Offs

Ecological management based on the ecosystem approach promotes ecological protection and the sustainable use of natural resources. We developed a quantitative approach to identify the ecological function zones at the country-scale, through integrating supply and demand of ecosystem services. We selected the biologically diverse hotspot of Baoxing County, which forms a part of the Sichuan Giant Panda World Heritage Site, to explore the integration of ecosystem services supply and demand for ecosystem management. Specifically, we assessed the various support, provision, regulating, and cultural services as classified by the Millennium Ecosystem Assessment. We applied the InVEST (Integrated Valuation of Ecosystem Services and Trade-offs) model to spatially map habitat quality, water retention, and carbon sinks, and used statistical data to evaluate food products, animal husbandry, and product supply services. We then quantified the demands for these services in terms of population, protected species, hydropower, water, and land use. The relationship between areas of supply and areas of demand was discussed for each township, and the spatial variability in the supply–demand relationship was also considered. As a result, we spatially divided the county into six ecological functional areas, and the linkages between each region were comprehensively discussed. This study thus provides a detailed methodology for the successful implementation of an ecosystem management framework on a county-scale based on the spatial partitioning of supply and demand.

scholarly journals Assessing Matching Characteristics and Spatial Differences between Supply and Demand of Ecosystem Services: A Case Study in Hangzhou, China

Land ◽  
2021 ◽  
Vol 10 (6) ◽  
pp. 582
Author(s):  
Peng Tian ◽  
Jialin Li ◽  
Luodan Cao ◽  
Ruiliang Pu ◽  
Hongbo Gong ◽  
...  
Keyword(s):  
Land Use ◽  
Ecosystem Services ◽  
Urban Area ◽  
Food Supply ◽  
Soil Conservation ◽  
Supply And Demand ◽  
Water Yield ◽  
Western Region ◽  
Trade Offs ◽  
Carbon Retention

Ecosystem services (ESs) is a term used to describe the foundations of the well-being of human society, and several relevant studies have been carried out in this area. However, given the fact that the complex trade-offs/synergy relationships of ESs are a challenging area, studies on matching mechanisms for ES supply and demand are still rare. In this study, using the InVEST model, ArcGIS, and other professional tools, we first mapped and quantitatively evaluated the supply and demand of five ES types (water yield, soil conservation, carbon retention, food supply, and leisure and entertainment) in Hangzhou, China, based on land use, meteorology, soil, and socio-economic data. Then, we analyzed the matching characteristics between the supply and demand of these ESs and analyzed the complex trade-offs and synergy between the supply and demand of ESs and factors affecting ESs. The results of this analysis indicate that although the ES supply and demand of carbon retention tended to be out of balance (supply was less than demand), the supply and demand of the other four ES types (i.e., water yield, soil conservation, food supply, and leisure and entertainment) were in balance (supply exceeded demand). Finally, the spatial heterogeneity of the supply and demand of ESs in Hangzhou was significant, especially in urban areas in the northeast and mountainous areas in the southwest. The supply of ESs was based on trade-offs, whereas the demand of ESs was based on synergy. Our results further show that the supply and demand of ESs in the urban area in Hangzhou were out of balance, whereas the supply and demand of ESs in the western region were coordinated. Therefore, the linkage of ES flows between this urban area and the western region should be strengthened. This innovative study could provide useful information for regional land use planning and environmental protection.

scholarly journals The Water Governance Reform Framework: Overview and Applications to Australia, Mexico, Tanzania, U.S.A and Vietnam

Water ◽  
2019 ◽  
Vol 11 (1) ◽  
pp. 137 ◽  
Author(s):  
R. Grafton ◽  
Dustin Garrick ◽  
Ana Manero ◽  
Thang Do
Keyword(s):  
Decision Making ◽  
Water Policy ◽  
Water Governance ◽  
Supply And Demand ◽  
Public Access ◽  
Reform Process ◽  
Freshwater Ecosystem ◽  
Policy Cycle ◽  
Governance Reform ◽  
Trade Offs

The world faces critical water risks in relation to water availability, yet water demand is increasing in most countries. To respond to these risks, some governments and water authorities are reforming their governance frameworks to achieve convergence between water supply and demand and ensure freshwater ecosystem services are sustained. To assist in this reform process, the Water Governance Reform Framework (WGRF) is proposed, which includes seven key strategic considerations: (1) well-defined and publicly available reform objectives; (2) transparency in decision-making and public access to available data; (3) water valuation of uses and non-uses to assess trade-offs and winners and losers; (4) compensation for the marginalized or mitigation for persons who are disadvantaged by reform; (5) reform oversight and “champions”; (6) capacity to deliver; and (7) resilient decision-making. Using these reform criteria, we assess current and possible water reforms in five countries: Murray–Darling Basin (Australia); Rufiji Basin (Tanzania); Colorado Basin (USA and Mexico); and Vietnam. We contend that the WGRF provides a valuable approach to both evaluate and to improve water governance reform and, if employed within a broader water policy cycle, will help deliver both improved water outcomes and more effective water reforms.

The impact of supply chain fit on business and innovation performance in Brazilian companies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ricardo Zimmermann ◽  
Luis Miguel D.F. Ferreira ◽  
Antonio Carrizo Moreira ◽  
Ana Cristina Barros ◽  
Henrique Luiz Correa
Keyword(s):  
Supply Chain ◽  
Business Performance ◽  
Demand Uncertainty ◽  
Supply And Demand ◽  
Empirical Studies ◽  
Innovation Performance ◽  
Manufacturing Companies ◽  
Content Type ◽  
The Impact ◽  
Positive Effect

PurposeThis paper investigates the effect of the fit between supply and demand uncertainty (SDU) and supply chain responsiveness (SCR) (SC fit) on business and innovation performance in Brazilian companies.Design/methodology/approachThe study presented an analysis carried out on an empirical study based on a sample of 150 manufacturing companies. Business and innovation performance of companies with different types of SC fit ( high–high and low–low fits) and misfit (positive and negative) are compared and discussed.FindingsThe results indicated that SC fit had a positive effect on both business and innovation performance. Further analyses suggested that companies with SC fit present similar business performance, independent of the level of SDU that characterizes the environment where they compete, while companies in environments with higher levels of uncertainty tend to present superior innovation performance. Companies with positive and negative misfit present similar performance.Originality/valueAn analysis of the literature showed that there is no consensus when it comes to the definitions and measurements of SC fit. The paper investigates the effects of SC fit on business and innovation performance, while previous empirical studies have mainly addressed its impact on financial performance. Moreover, this study compares the effects of two types of fit and two types of misfit and assesses SC fit in Brazilian manufacturing companies, analyzing the context of an under-researched reality.

scholarly journals The Trade-Offs between Supply and Demand Dynamics of Ecosystem Services in the Bay Areas of Metropolitan Regions: A Case Study in Quanzhou, China

Land ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 22
Author(s):  
Wei Shui ◽  
Kexin Wu ◽  
Yong Du ◽  
Haifeng Yang
Keyword(s):  
Land Use ◽  
Ecosystem Services ◽  
Supply And Demand ◽  
Metropolitan Region ◽  
Ecological Security ◽  
Rapid Urbanization ◽  
Bay Area ◽  
Trade Offs ◽  
Supply Capacity ◽  
Consumption Demand

Bay areas are endowed with unique sea and land resources, location advantages, and high environmental carrying capacities. The rapid urbanization process has intensified the demand for limited natural resources, leading to a series of problems in coastal zones such as land use conflicts and the degradation of ecosystem services. Taking Quanzhou, a bay city in a metropolitan region, as an example, this paper established an accounting model of ecosystem services supply and consumption demand based on multisource data (meteorological site data, land use data and statistical data). We estimated the supply capacity and consumption demand of provisioning services, regulating services, and cultural services in Quanzhou from 2005 to 2015. In addition, the supply and demand of ecosystem services were simulated for 2030 under different scenarios. The results showed that the supply capacity of ecosystem services in Quanzhou was greater than the demand in general, but the supply-demand difference showed a gradual decrease. The high-value areas of supply capacity were concentrated in the upstream basin in the non-bay area, while the high-value areas of consumption demand were located downstream of the river basin in the bay area. The supply-demand difference in the bay area was negative, indicating that it was in a state of supply-demand imbalance and that the ecological security was under threat. Among the three simulated scenarios in 2030, the balance between supply and demand declined compared with the results of 2015, with the most serious decline in the natural scenario. The method to quantify the evolution of spatial and temporal patterns in supply and demand of ecosystem services could provide a decision-making reference for natural resource management in Quanzhou. This is conducive to the improvement and establishment of urban ecological security research systems, especially in bay areas that are lacking research.

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