THE EFFECTS OF GLOBAL MARKET CHANGES ON CHARACTERISTICS AND FUNCTIONING OF CONTEMPORARY SUPPLY CHAINS

2018 ◽  
Author(s):  
Goran Milovanović ◽  
◽  
Keyword(s):  
Supply Chains ◽  
Global Market ◽  
Market Changes

scholarly journals Agile Port and Intermodal Transport Operations Model to Secure Lean Supply Chains Concept

2012 ◽  
Vol 23 (2) ◽  
pp. 105-112 ◽  
Author(s):  
Bojan Beškovnik ◽  
Elen Twrdy
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Transport Model ◽  
Global Market ◽  
Intermodal Transport ◽  
Container Shipping ◽  
Shipping Industry ◽  
Chain Management ◽  
Operation Procedure

This article presents a strategic view of industry’s expectations from the lean supply chains concept in relation to the container shipping industry. The global market is putting the shipping industry under strong pressure as new trends in logistics seek new opportunities to cut unnecessary costs and players in the supply chain management and in the intermodal transport. For this reason we performed a research on how the intermodal transport can secure efficient transport operations. The emphasis is mainly on setting up the agile port and intermodal transport model, in which all necessary subjects should be involved in a unique supply chain. Thus we analyzed port operators, shipping lines and inland transport operators and the way they eliminate waste processes in their everyday operation procedure. Considering all important dynamic facts in the container and shipping industry and our analyses of the intermodal service through the port of Koper we propose the agile port and inland operations model suitable to improve intermodal service and to secure lean supply chains for containerized cargo. Consequently, we came to the conclusion that some traditional subjects in the traditional supply chain are not needed; while others, like customs authorities and inspection companies should be involved adequately to secure efficient organization of agile services in the ports, on the borders between different countries and at final destinations. KEY WORDS: lean supply chains, agile intermodal operations, shipping lines, port operators, inland transport operators

Fundamental Characteristics of the Lean Supply Chain

2015 ◽  
Vol 4 (2) ◽  
pp. 29-31
Author(s):  
Козлов ◽  
A. Kozlov
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Competitive Advantage ◽  
Global Market ◽  
Rapid Response ◽  
Shop Floor ◽  
Industrial Complex ◽  
Reduced Costs ◽  
To Receive ◽  
Lean Supply Chain

This article is devoted to the fundamental characteristics of lean supply chains. Lean technology is not limited to the shop floor, single factory or industrial complex. The best effect from utilizing lean technologies is can be obtained by applying them to the entire supply chain. The benefit of lean supply chains is, above all, in a more rapid response to customer demands in comparison to conventional supply chains. Reduced costs along with improved service enable all lean supply chain members to receive a significant competitive advantage on the global market.

scholarly journals Development of an Optimization Method and Software for Optimizing Global Supply Chains for Increased Efficiency, Competitiveness, and Sustainability

2019 ◽  
Vol 11 (6) ◽  
pp. 1610
Author(s):  
György Kovács ◽  
Béla Illés
Keyword(s):  
Supply Chains ◽  
Service Providers ◽  
Market Competition ◽  
Cost Effective ◽  
Optimization Method ◽  
Global Market ◽  
Environmental Damage ◽  
Global Supply Chains ◽  
Design Constraint ◽  
Use Of Resources

Presently, an increasing human population, customer consumption, and global market competition result in the reduction of natural resources and growing environmental damage. Therefore, the current practice in the use of resources is not sustainable. The production companies have to focus not only on cost-effective and profitable operation, but at the same time environmentally friendly and sustainable production in order to increase competitiveness. New innovative technologies are required, improving the efficiency of the processes and the optimization of global supply chains (GSC) in order to establish sustainability in environmental, social, and economic aspects. The aim of the study is the GSCs’ optimization, which means forming the optimal combination of the chain members (suppliers, final assemblers, service providers) to achieve cost-effective, time-effective, and sustainable operation. This study introduces an elaborated single- and multi-objective optimization method, including the objective functions (cost, lead time) and design constraints (production and service capacities; volume of inventories; flexibility and sustainability of the chain members). Based on the elaborated method, software has been developed for the optimization of sustainable GSCs. The significance and novelty of the developed method and software is that the chain members have been required to fulfill the sustainability design constraint built into the software. A real case study is introduced, for the optimal design of a sustainable GSC, to confirm that our developed optimization method and software can be applied effectively in practice for the optimization of both profitable and sustainable GSCs.

scholarly journals Reshoring: implementation issues and research opportunities

Management ◽  
2016 ◽  
Vol 20 (2) ◽  
pp. 103-117
Author(s):  
Barbara Ocicka
Keyword(s):  
Supply Chains ◽  
Value Creation ◽  
Low Cost ◽  
Developed Countries ◽  
Positive Influence ◽  
Global Market ◽  
Three Dimensions ◽  
High Tech ◽  
Manufacturing Companies ◽  
Research Opportunities

Summary At the beginning of the 21st century, we continuously observe shifts in supply chains configurations caused by differentiate trends in turbulent environment. The remarkable number of companies restructure supply chains in search for competitiveness and innovation on global market. On the one hand, some labour-intensive industries are moving out of China to the next low-cost countries, on the other hand, some high-tech and innovative manufacturing companies are returning to the developed countries. The scientific purpose of the article is to set out the potential impact of reshoring on value creation in supply chains and to outline research opportunities in this field. Literature review and results of the questionnaire-survey on the Total Cost of Acquisition analysis are guidelines for considerations. Based on the analysis of reshoring drivers and benefits, it is clear that this strategy might have positive influence on the value creation in international and global supply chains management considering three dimensions of the value: economic, social and environmental from perspective of different stakeholders.

Modeling reconfigurability in supply chains using total interpretive structural modeling

2017 ◽  
Vol 14 (2) ◽  
pp. 194-221 ◽  
Author(s):  
Pallab Biswas
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
New Product Development ◽  
Structural Changes ◽  
Structural Modeling ◽  
Global Market ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Micmac Analysis ◽  
Expert Opinions

Purpose The purpose of this paper is to identify, analyze, and categorize the major enablers of reconfigurability that can facilitate structural changes within a supply chain in a global scenario. The paper also addresses five reconfigurability dimensions in the perspective of supply chains and the major enablers to attain them. The paper further aims to understand the mutual interactions among these enablers through the identification of hierarchical relationships among them. Design/methodology/approach A framework that holistically considers all the major enablers of reconfigurability has been developed. The hierarchical interrelationships between major enablers have been presented and interpreted using a novel qualitative modeling technique, i.e., total interpretive structural modeling (TISM), which is an extension of ISM. SPSS 22.0 is employed to carry out a one-tailed one-sample t-test further to test the hypotheses for validating the results of TISM. Impact matrix cross-reference multiplication applied to a classification (MICMAC) analysis has been employed to identify the driving and dependence powers of these reconfigurability enablers. Findings In this paper, 15 enablers for reconfigurability paradigm have been identified through literature review and expert opinions. The authors established interrelationships and interdependencies among these enablers and categorized them as enablers of each dimension. New product development and customer satisfaction come at the highest level of priority. The levels of these enablers were obtained using TISM. The authors compared the results with the clusters derived from MICMAC analysis, and the results are found to be well within the acceptable range. Research limitations/implications The study has implications for both practitioners and academia. The work provides a comprehensive list of enablers that are relevant to reconfigure supply chains in today’s volatile global market. This research will also help decision makers to strategically focus on the top-level enablers and their concerned dimensions. The research is based on an automobile company case study and can be extended to products with volatile and changing demands. Originality/value The proposed model for reconfigurability enablers using TISM is a new effort altogether in the area of supply chain management. The novelty of this research lies in its identification of specific enablers to reconfigure a supply chain through different dimensions.

The changing dynamics in the worldwide mobile phone market: creating excellence through innovation management and collaborative relationships

2015 ◽  
Vol 5 (1) ◽  
pp. 1-7 ◽  
Author(s):  
Pankaj Kumar Medhi ◽  
Sandeep Mondal
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Mobile Phone ◽  
Innovation Management ◽  
World Market ◽  
Global Market ◽  
High Tech ◽  
Global Supply Chains ◽  
Content Type ◽  
Market Dominance

Subject area Supply chain management (SCM). Study level/applicability Graduate students. Case overview In recent times, the world market of mobile phone is in a flux due to many phenomena of importance like strong emergence of smartphones, Nokia losing market share in all segments of market and fast technological and supply chain innovation by players like Apple and Google. Elements of SCM and the way technology is acquired have assumed a place of importance to compete in the global market. A new standard of innovation and SCM is emerging together as the rules of market dominance are re-written all-over again. Expected learning outcomes After completion of the case study, the students will understand: role of technological innovation in high-tech industry and global supply chains in changing the consumer behavior world over; the classic battle for market dominance with a new way of innovation management in technology and processes to create most efficient global supply chains; importance of SCM practices of collaboration like tighter partner integration, use of power asymmetry and contract by dominant players to create efficient supply chains; and how visionaries like late Steve Job are shaping the new era of technology. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email: [email protected] to request teaching notes.

scholarly journals THE INFLUENCE OF CHINA ON THE GLOBAL MARKET AND RUSSIAN PRODUCTION OF SCIENCE-INTENSIVE RARE EARTH PRODUCTS

2019 ◽  
Vol 3 (1) ◽  
pp. 274-280
Author(s):  
Viktor Yatsenko
Keyword(s):  
Rare Earth ◽  
Supply Chains ◽  
Present Article ◽  
Rare Earth Metals ◽  
Global Market ◽  
Added Value ◽  
Production And Consumption

The present article analyzes the influence of China as a monopolist in the global rare earth market its production and consumption, supply chains and added value of science-intensive rare earth products. Russian projects of rare earth production are considered. One of the main theses is confirmed: that rare earth metals have become a global economic and political instrument.

Sign in / Sign up

Export Citation Format

Share Document