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The results show that companies performing global sourcing have invested in supply chain management (SCM) and that this has been helpful in keeping their inventories under control.
Thus, one would expect supply chain management to be a key in maintaining enterprises competitiveness.
The literature suggests public procurement professionals have different perspectives on supply chain management (SCM) vis-a-vis their private sector counterparts.
Building Information Modelling (BIM) technology and the concept of supply chain management (SCM) could be a potentially compatible and mutually interdependent practice.
The results indicate that a large proportion of companies that practice supply chain management are attempting to integrate logistics, marketing, and operations‐oriented processes with those of other companies in their supply chains.
The results of this study provide some fresh insights into the current practice of supply chain management.
The case study demonstrates a requirement to integrate these supply chain management processes.
The application of supply chain management in construction industry may provide a new solution for resolving these problems from systems perspective.

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What is cpt?5 answersCognitive Processing Therapy (CPT) is a trauma-focused, cognitive-behavioral treatment for post-traumatic stress disorder (PTSD). It aims to identify and challenge maladaptive beliefs that have developed as a result of trauma, helping clients adopt more balanced beliefs. CPT is supported by extensive research and is considered one of the leading evidence-based treatments for PTSD. CPT has been studied across various populations, settings, cultures, and countries. It has also been examined for its efficacy in individuals with comorbid conditions and its impact on health-related outcomes and psychosocial functioning. Additionally, CPT:PSP is a new journal focused on publishing advances in quantitative, model-based approaches in pharmacology and therapeutics. The Conservative Power Theory (CPT) is an approach to defining powers and compensation in electrical systems with nonsinusoidal voltages and currents, but it has been shown to misinterpret power phenomena and does not provide a solid foundation for power factor improvement. A poset is a containment of paths in a tree (CPT) if it can be represented by paths in a tree, and there are different subclasses of CPT posets, such as dually-CPT and strongly-CPT.
What is supply chain management?5 answersSupply chain management is the integrated management of the business processes associated with the flow and transformation of goods, financial assets, and information from suppliers to customers. It involves activities such as acquiring raw materials, transforming them into finished goods, and delivering them to the end user. The goal of supply chain management is to effectively integrate suppliers, manufacturers, transporters, warehouses, retailers, and customers to distribute the right product or service at the right quantities, locations, and time, while minimizing costs and satisfying customer service level requirements. Organizations are increasingly outsourcing functions such as raw materials sourcing and distribution channels to other firms that can perform these activities more efficiently. Supply chain management also involves crossing the functional border between operations and marketing/sales to understand the combination of performance characteristics needed to compete in target markets. A supply chain management system provides a single integration point for partners, retailers, and distribution centers, allowing for the selection of business partners, allocation of inventory, and recommendation of distribution centers. The term "supply chain management" was first used in the 1980s, but many of the problems addressed by supply chain management have been identified earlier.
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What is definition of vsm method in lean?
5 answers
Value Stream Mapping (VSM) is a lean manufacturing tool designed to visualize the entire production process, representing both material and information flows, with the primary goal of identifying waste and opportunities for improvement. It serves as a critical analytical tool for transforming the production environment into a lean operational state by highlighting inefficiencies and facilitating the elimination of waste. VSM is not only applicable in manufacturing but extends its utility to designing sustainable supply chains by assessing performance through realistic indicators, thereby supporting the lean-driven sustainability approach. This method's adaptability allows it to address the dynamic nature of manufacturing processes by incorporating simulation and multiple-attribute decision-making (MADM) to prioritize improvement initiatives and evaluate multiple performance metrics. The application of VSM has evolved to include an extended version (X-VSM), which increases the level of detail in process representation and supports process simulation for strategic management decisions regarding waste reduction. Moreover, VSM, combined with simulation models, has proven effective in designing lean service systems, validating the lean concepts' implementation in various sectors beyond traditional manufacturing. Despite its proven efficacy, the implementation of VSM in complex production environments poses challenges, necessitating a tailored approach to effectively leverage its benefits. Recent advancements have seen the integration of VSM with simulation approaches, such as ARENA, to optimize manufacturing processes, significantly reducing cycle times and improving ecological parameters. This integration underscores VSM's capability as a diagnostic and planning tool, providing a lean perspective to identify opportunities for implementing various lean projects or tools. However, the method's future sustainability is contingent upon its adaptation to the ongoing digitalization, addressing its current limitations and enhancing its flexibility. Lastly, VSM's role in lean manufacturing philosophy is underscored by its effectiveness in identifying wastes at each production stage, facilitating the selection and prioritization of lean tools for waste elimination and process flow enhancement.
How does the cultural organizational structure impact the innovation and competitiveness of technology companies?
4 answers
The impact of cultural organizational structure on innovation and competitiveness in technology companies is multifaceted. While some studies suggest a strong culture is crucial for success, others argue that overly strong cultures can hinder innovativeness. Organizational culture, including values, norms, and artifacts, plays a pivotal role in driving innovation within firms, particularly in service industries. Research indicates that organizational culture, along with technological change, positively influences organizational innovativeness, with age diversity moderating this relationship. Strengthening the innovative component of organizational culture is vital for technology companies to enhance internal processes and meet consumer needs. Therefore, a balanced and innovative-focused cultural structure is essential for fostering competitiveness and driving innovation in technology firms.
How can organizations effectively leverage Business Insights to gain a competitive advantage?
5 answers
Organizations can effectively leverage Business Insights to gain a competitive advantage by focusing on knowledge sharing, business intelligence capabilities, marketing research, and strategic business analytics. Knowledge sharing enhances quality, innovation, and responsiveness to change. Business intelligence capabilities impact performance and reliability, leading to a competitive advantage. Marketing research helps organizations understand their market and make informed decisions. Additionally, strategic business analytics provide insights for strategic decision-making, leading to competitive advantage in sectors like mobility and transportation. By integrating these aspects, organizations can improve processes, make informed decisions, and develop strategies that set them apart from competitors, ultimately achieving sustainable competitive advantage.
What is definition of supermarket method in lean?
4 answers
The supermarket method in lean philosophy is a strategic approach designed to streamline inventory management and ensure just-in-time (JIT) delivery of parts or products to the production line or customer, minimizing waste and enhancing efficiency. This method draws inspiration from the way supermarkets stock goods based on customer demand, ensuring a continuous supply without overstocking or understocking. In the context of lean manufacturing systems, the supermarket method involves setting up a 'supermarket' area within the production environment where parts are stored and replenished according to the pull of downstream processes, rather than the push of upstream production schedules. This ensures that production is closely aligned with actual demand, reducing inventory levels, and lead times, and improving overall system responsiveness. The supermarket model is also significant in parallel queueing networks and resource management, where it aids in balancing loads across multiple queues to optimize system performance. This model allows new arrivals to choose among several queues, joining the one with the fewest customers, thereby demonstrating the efficiency of providing even a small amount of choice in system design for improved load balancing. Moreover, the supermarket concept has been identified as an efficient part feeding strategy in mixed-model assembly lines, particularly in the automotive industry, to enable JIT deliveries at low costs. It considers the utilization rate and capacity constraints of supermarkets, optimizing the location and operation of these inventory points to minimize total system costs. In retail settings, ensuring on-shelf availability through effective reorder planning and replenishment processes is crucial. Lean initiatives, such as value stream management (VSM) and visual inventory management systems like kanban, have been applied to improve the replenishment process in supermarkets, demonstrating the method's applicability beyond manufacturing to retail operations. Overall, the supermarket method in lean is a versatile and effective strategy for managing inventory and ensuring efficient production and service delivery across various sectors, from manufacturing to retail.
What are the strengths, weaknesses, limitations and research gaps in this paper by Mona Dai et al (2022)?
5 answers
Dai et al.'s paper (2022) likely addresses strengths in green innovation and competitive advantage research, potentially contributing to the field's knowledge gaps. However, the study may have limitations in empirical, theoretical, and contextual aspects, as identified in the research gaps framework. The paper may also lack a unique future application list of Data Analytics (DA) in Supply Chain Management (SCM), highlighting a potential weakness in addressing upcoming trends and challenges. Additionally, the study might not provide comprehensive solutions to the challenges affecting DA in SCM, such as lack of collaboration and skilled experts, indicating a gap in practical recommendations for enhancing DA applications in SCM.
What is the role of the regime level as the primary driver of transition to a circular plastic economy?
5 answers
The regime level plays a crucial role in driving the transition to a circular plastic economy. Regime-level processes, including normative institutional processes, power dynamics, and adaptive capacity, are essential for coordinating actions, affecting resource allocation, and shaping selection pressures. Incumbent multinational companies, like Dow, are influenced by external stressors and drivers, leading to gradual steps towards circular economy practices. Additionally, integrating life-cycle analysis (LCA) and material flow analysis (MFA) helps evaluate the environmental impact of plastic production and understand the circular economy's influence on supply chains and downstream markets. Disrupting socio-technical regimes through niche innovations is also vital for transitioning to a circular economy, as seen in the energy sector case study in Scotland. Overall, regime-level processes, industry actions, and policy frameworks are pivotal in driving the shift towards a circular plastic economy.
Is economic theory compatibile with resilience theory?
10 answers
Economic theory and resilience theory can indeed be compatible, as evidenced by a growing body of interdisciplinary research that integrates insights from both fields to address contemporary challenges. Traditional economic theories, which often emphasize equilibrium and efficiency, have been critiqued for their inability to predict or adequately respond to crises such as the Great Recession. However, recent advancements suggest that incorporating resilience theory into economic frameworks can enhance our understanding and management of economic systems under stress. Resilience theory, with its roots in social-ecological systems, emphasizes the capacity of a system to absorb disturbance and reorganize while undergoing change so as to still retain essentially the same function, structure, identity, and feedbacks. This perspective is increasingly recognized as valuable in economic contexts, particularly in light of vulnerabilities exposed by global shocks, such as climate events and pandemics. For instance, the concept of economic resilience has been elaborated to include strategies for enhancing the ability of economic systems to withstand and recover from shocks, through both endogenous reorganization and exogenous interventions. Moreover, the resilience of supply chains, crucial for economic stability and growth, has been highlighted as an area where economic and resilience theories intersect. Policies aimed at improving supply chain resilience, such as reshoring, can have complex implications for economic output and stability. Similarly, the resilience of transportation systems and their role in economic recovery post-disasters demonstrates the practical application of resilience principles in economic planning and recovery strategies. Research also suggests that fiscal strategies, such as maintaining unreserved fund balances, can serve as tools for local governments to enhance economic resilience, while the integration of cultural factors into the analysis of community responses to economic transitions offers a broader, more nuanced understanding of resilience in socio-economic systems. In conclusion, the compatibility between economic theory and resilience theory is not only possible but increasingly necessary. By integrating resilience principles, such as adaptability and robustness, into economic analyses and policy-making, we can better navigate the complexities of modern economic systems and their vulnerabilities to external shocks.
How can WhatsApp help in marketing?
4 answers
WhatsApp can significantly aid in marketing by offering various features beneficial for businesses. It allows for direct communication with clients, partners, and co-workers. Brands can engage with users privately, fostering trust and encouraging information disclosure, ultimately influencing consumer behavior. For small and medium enterprises, WhatsApp Group (WAG) enables real-time promotion and communication, although some challenges like message visibility exist. In the supermarket segment, WhatsApp serves as a strategic tool for customer attraction, competitive advantage, and efficient dissemination of promotional content. Additionally, workshops on WhatsApp Business usage can empower communities to promote their products effectively, enhancing digital presence and market reach. Overall, WhatsApp's features facilitate personalized interactions, trust-building, and efficient marketing strategies for businesses.
What are the potential benefits of Industry 5.0 for small businesses?
5 answers
Industry 5.0 offers significant benefits for small businesses, particularly in the context of the Fifth Industrial Revolution. Small businesses can leverage Industry 5.0 to enhance their competitiveness and sustainability. By embracing innovative technologies like big data, artificial intelligence, and the Internet of Things, small businesses can achieve mass customization, hyper-personalization, and improved agility in supply chain operations. Additionally, Industry 5.0 emphasizes human-centricity, resilience, and sustainability, providing opportunities for small businesses to create value, drive growth, and strengthen their competitive edge. Entrepreneurs in small businesses can benefit from Industry 5.0 by fostering an entrepreneurial mindset, identifying opportunities, and collaborating effectively to achieve shared goals. Ultimately, Industry 5.0 presents a transformative environment where small businesses can thrive through technological advancements and strategic positioning within the circular economy.
How does sustainability impact organizational innovation?
5 answers
Sustainability significantly influences organizational innovation by fostering the development of environmentally conscious products, processes, and technologies. Studies highlight the importance of internal firm factors like dynamic capabilities, sustainable organizational innovations, and smart technologies in enhancing sustainability-oriented innovations, ultimately leading to improved economic performance. Additionally, the incorporation of environmental and organizational variables plays a crucial role in driving organizational innovation, with a focus on aspects of environment, society, and governance. Sustainability innovations are seen as key drivers of societal transformations, creating new products, processes, behaviors, and values that contribute to positive social-ecological outcomes, emphasizing trust, commitment, resource availability, learning, and cooperation as critical enabling conditions for innovation development. Sustainable business model innovation and green technology innovation are essential for creating shared social and business value, with a significant impact on sustainable corporate performance when aligned effectively.
What are the most effective methods for mitigating Supply Chain Compromise Attacks?
4 answers
The most effective methods for mitigating Supply Chain Compromise Attacks involve a combination of strategies. Firstly, modeling supply chain networks using discrete event simulation can help identify vulnerabilities and disruptions caused by criminal networks. Secondly, software signing is a promising mitigation technique for software supply chain attacks, although its adoption remains limited in open-source and enterprise ecosystems. Additionally, enhancing national and EU laws to be more technology-specific and enforce stricter regulations on companies to prevent and punish supply chain attacks is crucial. Lastly, preventing software supply chain attacks requires a comprehensive approach, including securing development tools, infrastructure, and preventing unauthorized access to code-sign certificates. By integrating these approaches, organizations can significantly reduce the risks posed by supply chain compromise attacks.