The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray. Part of the problem is due to Smith’s "veil of ignorance": individuals unknowingly pursue society’s interest and, as a result, have no clue as to the macroeconomic effects of their actions: witness the Keynes and Leontief multipliers, the concept of value added, fiat money, Engel’s law and technical progress, to name but a few of the macrofoundations of microeconomics. A good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan’s economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker’s Rule. Very simply, the banks, whose lending determined deposits after Roosevelt, and were a public service became private enterprises whose deposits determine lending. These underlay the great moderation preceding 2006, and the subsequent crash.

The Economic Institutions of Capitalism

* Starting from Need* Evolution of the Toyota Production System* Further Development* Genealogy of the Toyota Production System* The True Intention of the Ford System* Surviving the Low-Growth Period

Toyota production system : beyond large-scale production

Surviving your dissertation: A comprehensive guide to content and process

Problems and Strategies in Services Marketing

Supply chain performance measurement systems: A systematic review and research agenda

Purpose – Supply chain (SC) performance measurement – the process of qualifying the efficiency and effectiveness of the SC. The purpose of this paper is to create a SC measurement framework for manufacturing industry, define which data should be measured and verify the measurement framework in the case company’s SC. Design/methodology/approach – There is a review of the current understanding of supply chain management and literature related to SC performance measurement and the study creates a framework for SC measurement. This research is qualitative case study research. Findings – This study presents the main theoretical framework of SC performance measurement. The key elements for the measurement framework were defined as time, profitability, order book analysis and managerial analysis. The measurement framework is tested by measuring case SC performance. Research limitations/implications – In the study, a performance measurement framework was created for the needs of manufacturing industry. Suggestion...

/pdf/empirical-study-of-measuring-supply-chain-performance-2sajsv4bbo.pdf

Empirical study of measuring supply chain performance

Academic and corporate interest in supplier development and buyer-supplier relationship has increased substantially in recent years. This paper provides a framework for analysing the current understanding of supplier development strategies, its impact on performance, and buyer-supplier relationship approaches. There is an increased need for buyers and suppliers to strategically collaborate to build a stronger and long-term relationship. The goal is to get extended understanding in buyer-supplier relationship and supplier development strategies. Supplier development is a process of understanding including four steps: 1) supplier assessment; 2) competitive pressure; 3) supplier incentives; 4) direct involvement. Future research can be more empirically focused including multiple case study in global environment to validate the supplier development strategy approaches and help the organisation to develop their supplier’s strategies. The presented literature review offers supplier development strategies for empirical case studies and a systematic way to build buyer-supplier relationships to improve the performance.

Supplier development and buyer-supplier relationship strategies – a literature review

Supply chain performance measurement – the process of qualifying the efficiency and effectiveness of the supply chain. The aim of this study is to create a supply chain measurement framework for manufacturing industry, define what data should be measured and verify the measurement framework in the case company's supply chain. The research approach is hermeneutic and the research was a qualitative, constructive single case study research. The case company operates in the steel industry and provides prefabricated products for customers. The case supply chain was defined to be one supply chain in a plant where prefabricated products are produced.

There is a review of the current understanding of supply chain management and literature related to supply chain performance measurement and the study creates a framework for supply chain measurement. This study presents the main theory framework of supply chain performance measurement. The key elements for the measurement framework were defined as time, profitability, order book analysis and managerial analysis. The measurement framework is tested by measuring case supply chain performance. The measurement framework is a valid framework for supply chain performance measurement in manufacturing industry.

It is stated that supply chain performance measurement is extremely important in developing supply chain. The measurement framework in this study offers guidelines for measuring the supply chain in manufacturing industry but the measurement framework could be used in different areas of industry as well.

/pdf/supply-chain-performance-measurement-in-the-manufacturing-3jtgd1gabz.pdf

Supply chain performance measurement in the manufacturing industry : a single case study research to develop a supply chain performance measurement framework

Purporse Supply chain performance measurement - the process of qualifying the efficiency and effectiveness of the supply chain. The aim of this study is to create a supply chain measurement framework for manufacturing industry, define which data should be measured and verify the measurement framework in the case company’s supply chain. Design/Methodology/Approach There is a review of the current understanding of supply chain management and literature related to supply chain performance measurement and the study creates a framework for supply chain measurement. This research is qualitative case study research. Findings This study presents the main theoretical framework of supply chain performance measurement. The key elements for the measurement framework were defined as time, profitability, order book analysis and managerial analysis. The measurement framework is tested by measuring case supply chain performance. Limitations In the study, a performance measurement framework was created for the needs of manufacturing industry. Practical implications The measurement framework in this study offers guidelines for measuring the supply chain in manufacturing industry but the measurement framework could be used in different areas of industry as well. Originality/Value The measurement framework is a valid framework for supply chain performance measurement in manufacturing industry.

Empirical Study of Measuring Supply Chain Performance

Received: 10 February 2012 Abstract Accepted: 9 May 2012 The article addresses the issues of Supply Chain (SC) performance measurement – the process of qualifying the efficiency and effectiveness of the supply chain. The aim of this study is to present a supply chain measurement approaches for manufacturing industry. The research is based on a review of the current understanding of supply chain management and literature related to supply chain performance measurement. This study creates a framework for supply chain measurement by presenting the main theory framework of supply chain performance measurement. It is stated that supply chain performance measurement is extremely important in developing supply chain. The measurement framework in this study offers guidelines for measuring the supply chain in manufacturing industry.

/pdf/the-literature-review-of-supply-chain-performance-4pi2q4w4km.pdf

Ilkka Sillanpää

Papers

Empirical study of measuring supply chain performance

Supplier development and buyer-supplier relationship strategies – a literature review

Supply chain performance measurement in the manufacturing industry : a single case study research to develop a supply chain performance measurement framework

Empirical Study of Measuring Supply Chain Performance

The Literature Review of Supply Chain Performance Measurement in the Manufacturing Industry