Investigation of Order-Up-To-Policy and Allocation-Rationing Mechanism for Divergent Supply Chains with Multiple Objectives

Purpose This paper aims to propose an integrated framework for digital project-driven supply chains (PDSC) to address multiple objectives in Architecture, Engineering, Construction and, Operations and Maintenance (AECO) value chain. Additionally, the following sub-objectives were also to be addressed: to assess emerging themes of Fourth Industrial Revolution (4IR) technologies in AECO and to identify lacunae in existing project supply chains. Design/methodology/approach The research relies on qualitative approaches and mixed methodologies, for building theories based on domain expert interviews and questionnaire surveys administered on industry professionals. Hypothesis testing has been used to analyze data and identify significant 4IR technology applications and evolve a PDSC framework to address multiple objectives in the AECO context. Findings 4IR technologies can completely revolutionize AECO supply chains and catapult the discipline into a completely new paradigm. The immense computing power unleashed can contribute to enhancing effectiveness in delivery. Technologies such as the Internet of Things, Internet of Services, Cloud Computing, Big Data, Smart Factory, 3 D-Printing, Cyber-Physical Systems or Embedded Systems, Augmented Reality, Virtual Reality and Robotics hold immense future potential. The study proposes an integrated framework to address the multiple objectives of improved project delivery, increased productivity and cost savings, activity monitoring, reporting and agility, better workflow processes and reduction of wastage. Research limitations/implications The study offers ideas for complete integration of the AECO supply chain to deliver value to end customers. It, however, relies on opinions, perspectives and recollections of respondents, which is its limitation. Their opinion is expected to be influenced by their domain and project expertise. Practical implications In today’s global environment, information and data management is a meaningful intermediary in 4IR. It can be delivered with the aid of the cloud to collect, appraise and evaluate data efficiently; faster machine operations to manufacture quality goods at a lower cost; boost productivity; and competitiveness in AECO companies. Appropriate exchange of information and knowledge transfer will lead to innovation, effective communication in terms of frequency and quality of information; willingness to share information to improve overall performance; commitment to a common goal and mutual support; and continuous innovative effort. Originality/value This paper suggests fresh perspectives to integrated digital project-driven supply chains propelled by 4IR technologies, with a purpose to deliver multiple project objectives and end-customer value addition.

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An online cost allocation model for horizontal supply chains

Transportation Research Part C Emerging Technologies ◽

10.1016/j.trc.2020.102888 ◽

2021 ◽

Vol 122 ◽

pp. 102888

Author(s):

Han Zou ◽

Maged M. Dessouky ◽

Shichun Hu

Keyword(s):

Supply Chains ◽

Cost Allocation ◽

Allocation Model

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A Warranty Cost Estimation and Production Problem Using Multiple Objectives

The Journal of Cost Analysis ◽

10.1080/08823871.1989.10462392 ◽

1989 ◽

Vol 8 (2) ◽

pp. 55-70 ◽

Cited By ~ 3

Author(s):

Jayprakash G. Patankar ◽

Amitava Mitra

Keyword(s):

Cost Estimation ◽

Multiple Objectives ◽

Production Problem ◽

Warranty Cost

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Codes of Conduct: Lieferantenkodizes: Sinnvolles Instrument zur Lieferantensteuerung oder reine Marketingmaßnahme?

Klinik Einkauf ◽

10.1055/s-0040-1715327 ◽

2020 ◽

Vol 02 (03/04) ◽

pp. 60-61

Author(s):

Jörg Schlüchtermann ◽

Johannes Heller

Keyword(s):

Supply Chains ◽

Codes Of Conduct

Insbesondere in komplexen Supply Chains ist es heute üblich, dass Kunden ihre Lieferanten über Selbstverpflichtungserklärungen (Codes of Conduct) steuern. Forschungen aus anderen Industrien zeigen die Möglichkeiten, aber auch Grenzen der Arbeit mit diesem Instrument des Lieferantenmanagements. Davon können auch Krankenhauseinkäufer profitieren.

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