This course emphasizes application, development, and analysis of mathematical models in different supply chain scenarios to solve business problems. Online quantitative models in operations and supply chain management by g. Documentation, such as suppliers manual, could be a great building block. Research methodologies in supply chain management what do. Operations and supply chain management, 8th edition wiley.
Advanced tools, models, and developments arun vinayak, cameron a. Fundamentals of supply chain management kenyatta university. However, few companies effectively manage their supply chains, and the greatest difficulty is in achieving supply chain visibility. Pdf quantitative models for sustainable supply chain. Of course, many of the methodologies of relevance and application in operations. From operations management to supply chain management operations management, typically, focuses on improving processes within an organization, whereas supply chain management uses and advances theory, tools, and practice for operations across organizations. A quantitative study supply chain managing risk in the. Quantitative models in operations and supply chain management by g. Managing risk in the supply chain a quantitative study by mark hillman and heather keltz adoption and spending on supply chain risk management initiatives will increase sharply in 2007, driven by several key business initiatives. Taylor is also called the father of scientific management, after whom the. The volumes objective is to provide a selfcontained, sophisticated research summary a snapshot at this point of time in the area of quantitative models for supply chain management. This volume is a unified effort to provide a systematic summary of the large variety. In summary, the quantitative approach to management applies numeric methods such as formulas, statistics, and scheduling models to management problems and uses the results to monitor and improve. As supply chain risk management has transitioned from an emerging topic to a growing research area, there is a need to classify different types of research and examine the general trends of this research area.
Course contents modeling issues in supply chain management meta heuristics for supply chain optimization. Operations management and supply chain network theory. Smart and digital solutions for supply chain management. Bs in logistics and supply chain management degree gcu. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. A comparison of quantitative methods in supply chain risk management benefits and drawbacks dipl. However, this wide scope does not allow for an indepth study considering the different aspects mentioned above of quantitative models for lcscm. Implications of supply chain modelling to management are discussed. Developments and directions article pdf available in european journal of operational research 2332 march 2014 with 3,411 reads. Models and algorithms pdf, epub, docx and torrent then this site is not for you. Some of our findings include 1 quantitative analysis of supply. We show the increasing publication output and use a number of categories for. These tools are of particular importance in the rapidly growing area of supply chain management. Retail supply chain management quantitative models and.
May 01, 2018 forecasting plays a huge role in the success of supply chain management. As the title clearly states, the paper describes the body of literature on quantitative models for sustainable supply chain management is which is the core contribution. Subject of bachelors thesis supply chain modelling. The design of green supply chains under carbon policies. While there are some multidisciplinary aspects of supply chain management not covered here, the editors and their contributors have captured many important. Quantitative models and empirical studies, 2 nd ed. Quantitative models for supply chain management springer. In summary, the quantitative approach to management applies numeric methods such as formulas, statistics, and scheduling models to management problems and uses the results to. Theory, algorithms, and applications for logistics and supply chain management springer series in operations research and financial engineering 2nd edition. Quantitative models in operations and supply chain management. It develops different dimensions of the ripple effect and summarises recent developments in the field of supply chain sc disruption management from a multidisciplinary perspective. Research article quantitative model for supply chain. Research methodologies in supply chain management 109 2 scoping scm in 1969, bowersox 1969 stated. Considering the broad spectrum of supply chain, no model can capture all aspects of supply chain processes.
Quantitative models for supply chain management sridhar tayur. What are some of the qualitative and quantitative forecasting. Consider the following situation and answer the questions below as they relate to frederick taylors four general. All these issues imply that performance measurement models for sustainable supply chains. Pdf supply chain management is a critical aspect of conducting any business. If youre looking for a free download links of quantitative methods in supply chain management. Research article quantitative model for supply chain visibility. Quantitative models and computerbased tools are essential for making decisions in todays business environment. A framework of sustainable service supply chain management. Handbook of quantitative supply chain analysis book. Literature was streamed to quantitative models under carbon policies.
Before turning to them, we discuss the contribution of this paper. Supply chain management forecasting can be used in supply chain management to ensure that the right product is at the right place at the right time. Quantitative models for supply chain management sridhar. Russell and taylor s operations and supply chain management, 8th edition is designed to teach students how to analyze processes, ensure quality, create value, and manage the flow of information and products, while creating value along the supply chain in a global environment. An introduction for business management presents the application of quantitative mathematical modeling to decision making in a business management context and emphasizes not only the role of data in drawing conclusions, but also the pitfalls of undiscerning reliance of software packages that implement standard statistical. A comparison of quantitative methods in supply chain risk. The selected literature is then segregated to a set of. Hence this course will provide a detailed overview of applications of quantitative models for supply chain management scm. While the nomenclature supply chain management is relatively new, many of the problems that are addressed are not. A practical approach abstract the purpose of this thesis was to suggest an update to the supply chain management model for a startup company go double a oy specialized in selling out electrical bike equipment. A quantitative model for environmentally sustainable supply chain. Operations and supply chain management, 8th edition book. The overall field would gain significantly from a clear definition of subject matter and. Supply chain modelling approaches and characteristics to.
Digitalization in supply chain management and logistics isbn 97837450 43280. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for. As with any emerging field, physical distribution logistics, scm, eds. In particular, mathematical models for optimizing inventory control have a long history as a significant part of the mainstream of operations research and operations management. Quantitative models for sustainable supply chain management. Response during supply chain disruptions a book chapter accepted for publication in the springer book supply chain risk management. Supply chain management is now regarded as one of the most effective innovation initiatives to achieve operational excellence, and its importance has become ever more apparent. Process capability perspective youngsuleeandsukchulrim graduate school of industrial engineering, ajou university, worldcupro, yeongtonggu, suwon, republic of korea. The results show that lean supply chain planning model leads to. Big data analytics also doing the same thing for achieving the purpose of supply chain. This course exposes students to the basic requirements of designing and operating supply chains using a variety of quantitative models for analysis. Quantitative supply chain optimization, or quantitative supply chain in short, is a broad perspective on supply chains that, simply put, aims to make the most of human intelligence, augmented with the capabilities of modern computing resources. A quantitative model for analyzing market response during supply chain disruptions a book chapter accepted for publication in the springer book supply chain risk management.
Mackenzie abstract supply chain disruptions can lead to firms losing customers and consequently losing profit. This helps identify fertile research streams with great potential for further examination. Quantitative methods in supply chain management presents some of the most important methods and tools available for modeling and solving problems arising in the context of supply chain management. This study aims at presenting the ripple effect in supply chains. Plehn a a eth zurich, bwi center for enterprise science, kreuzplatz 5, zurich, 8032, switzerland.