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Cross-functional Inventory Research

Cross-functional Inventory Research
Author: Srinagesh Gavirneni
Publisher: World Scientific
Total Pages: 252
Release: 2016-07-28
Genre: Business & Economics
ISBN: 9813144351

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'Joe Thomas is a true renaissance academic who has integrated research, teaching, practice and leadership. He's advised numerous companies through board positions and consulting engagements. His research has identified and focused on real issues in operations management, like overcoming the dark side of worker flexibility and other aspects of the human component of operations. And he has then incorporated research findings into his teaching, including cases on issues like global operations that we can all benefit from. Joe is so admired by his colleagues that they chose him to lead the Johnson School as Dean. Joe is a model and an inspiration for all of us. This book, with its emphasis on cross-functional approaches to inventory management, is an excellent way to honor Joe on his retirement.'Marshall L FisherUniversity of Pennsylvania'Joe Thomas is one of the Grand Masters in our field of operations management. I will always remember him fondly as someone who has accomplished so much, with such a high status in our profession, and yet at the same time, a humble, warm and gentle scholar. In my early student days, I read of Joe's work in multi-echelon inventory systems. He has made deep contributions in manufacturing and distribution network designs and operations management, before the term 'supply chain management' became popular. He is also one of the early scholars in operations management who recognized and promoted the importance of looking at manufacturing and operations as a strategy for a firm. I have learned a great deal from both his writings and from interactions with him face to face. Of course, Joe has also been serving our community as an editor and through professional society leadership. I had first-hand experience from his editorship directly, since he processed some of the papers that I published. That experience also taught me how to have high standards, be encouraging, and be generous in giving advice and inputs in the editorial process. As a junior researcher at the time, such editorial support was both helpful and served as a great model. As a senior colleague, Joe has always treated me as a friend, making me feel comfortable and easy to exchange with him. Over the years, many of our colleagues have benefited tremendously from his mentorship and support. While he is a very serious researcher and holds very high standards in his work, Joe's personality radiates warmth and energy to those around him. And then he adds humor at the right time. I will never forget when Joe led all of us at a conference honoring the retirement of El Buffa to sing a song with lyrics that he composed himself, titled 'Just-in-Time.' The lyrics contained lessons in a very funny way. Joe is a pioneer in research (as well as in teaching and practice) that connected inventory management to other business functions such as human resources, marketing, finance and accounting. Thus, with its emphasis on cross-functional inventory research, this book is an excellent way to honor him on his retirement. It is a privilege for us to recognize and celebrate with him all he has done for our profession!'Hau L LeeStanford UniversityCross-Functional Inventory Research details path-breaking analytical, empirical and behavioral operations management research that interfaces inventory with the business functions of human resources, finance, accounting, information technology, and globalization.For about fifty years, inventory research was conducted with a silo mentality with assumptions of exogenous pricing, price-independent demand distribution, rational human decision making, and lack of information sharing. Over the past few years, there is increased realization that this kind of analysis and thinking will not be useful for the modern business world. This has motivated inventory researchers to reach across different business functional areas such as finance, marketing, human capital and information technology and identify research questions that are more appropriate for the modern, complex, data-driven business environments. Cross-Functional Inventory Research contains path-breaking research developments in cross-functional inventory research. The methodologies applied to answer these research questions cover the complete gamut of empirical, analytical, and behavioral approaches.


Quantitative Models for Supply Chain Management

Quantitative Models for Supply Chain Management
Author: Sridhar Tayur
Publisher: Springer Science & Business Media
Total Pages: 851
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461549493

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Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. 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 analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.


Cross Functional Alignment in Supply Chain Planning

Cross Functional Alignment in Supply Chain Planning
Author: Rogelio Oliva
Publisher:
Total Pages: 35
Release: 2006
Genre:
ISBN:

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In 2002, Leitax, a niche consumer electronics company, suffered serious supply chain planning mishaps due to poor cross-functional integration in the supply/demand planning activities. The poor integration resulted from organization differentiation among the functions and an unsophisticated approach to integration. In response to the planning mishaps, the organization introduced significant changes, which we examine in this case study.


Intelligent Engineering and Management for Industry 4.0

Intelligent Engineering and Management for Industry 4.0
Author: Yong-Hong Kuo
Publisher: Springer Nature
Total Pages: 186
Release: 2022-06-17
Genre: Business & Economics
ISBN: 3030946835

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Industry 4.0 is changing how we manage operations to drive systems more intelligently. Technologies and applications are rapidly evolving. Disruptive technologies, such as artificial intelligence, big data, cloud computing and digital twin, are shaking up different industries and have motivated us to revisit engineering and management tools for improving system design, efficiency, effectiveness, reliability, and responsiveness. While these emerging technologies have powered new applications, novel industrial engineering methodologies are required to achieve the goals. Industrial Engineering was sprouted from major engineering disciplines that called for better professional understanding of industrialization. Ever since, the discipline of Industrial Engineering has been the star role player in confronting emerging industries; be it manufacturing, service, high tech products, outer space technology, information technology, industrial policy, ergonomics, and now the world’s greatest concern, sustainable development. This book presents the state-of-the-art in industrial engineering research from different countries and cities around the globe. The book covers a wide range of topics in industrial engineering, including: Demand Chain Management, E-business / Information Technology, Evolutionary Algorithm, Green Manufacturing/Management, Health Care Systems and more.


Inventory Management in Multi-Echelon Networks

Inventory Management in Multi-Echelon Networks
Author: Christopher Grob
Publisher: Springer
Total Pages: 153
Release: 2018-08-14
Genre: Business & Economics
ISBN: 3658233753

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Inventory Management in Multi-Echelon Networks presents methods to plan inventory in distribution networks. By holistically looking at the supply chain, it shows how safety stocks across all echelons can be optimized if inventory of all levels is taken into consideration. The gap between the existence of advanced inventory planning methods and their low penetration in the industry was the motivation for this book. Christopher Grob develops essential algorithms that companies can use for network inventory planning and highlights achievable implementation benefits. The work of the author was inspired by the needs of an after sales supply chain of a large automotive company. This company supplies customers all over the world with spare parts and operates a distribution network with more than 100 warehouses. This supply chain faces two particular challenges: demand is highly uncertain and customers expect a high service level. About the Author Christopher Grob works in after sales supply chain management at a major German automotive company. He is responsible for the functional development of inventory planning systems for the spare parts business. He is an expert in the field of inventory management.


International Encyclopedia of Organization Studies

International Encyclopedia of Organization Studies
Author: Stewart Clegg
Publisher: SAGE
Total Pages: 2009
Release: 2008
Genre: Business & Economics
ISBN: 1412915155

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Describing the field, spanning individual, organisation societal and cultural perspectives in a cross-disciplinary manner, this is the premier reference tool for students lecturers, academics and practitioners to gather knowledge about a range of important topics from the perspective of organisation studies.


Modelling and Analysis of Enterprise Information Systems

Modelling and Analysis of Enterprise Information Systems
Author: Gunasekaran, Angappa
Publisher: IGI Global
Total Pages: 392
Release: 2007-03-31
Genre: Computers
ISBN: 159904479X

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"This book presents comprehensive coverage and understanding of the organizational and technological issues of enterprise information systems. It covers current trends such as enterprise resource planning and electronic commerce, and their implications on supply chain management and organizational competitiveness"--Provided by publisher.


Optimization and Inventory Management

Optimization and Inventory Management
Author: Nita H. Shah
Publisher: Springer Nature
Total Pages: 470
Release: 2019-08-31
Genre: Business & Economics
ISBN: 9811396981

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This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.


Inventory Management

Inventory Management
Author: Mohamad Y. Jaber
Publisher: CRC Press
Total Pages: 246
Release: 2009-08-11
Genre: Business & Economics
ISBN: 1420079980

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As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to depe