Topic
Supply chain management
About: Supply chain management is a research topic. Over the lifetime, 39055 publications have been published within this topic receiving 1082949 citations. The topic is also known as: SCM.
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TL;DR: In this article, the authors present a framework for supply chain management as well as questions for how it might be implemented and questions for future research, and case studies conducted at several companies and involving multiple members of supply chains.
2,848 citations
TL;DR: In this paper, a conceptual model that provides guidance for future supply chain decision-making and research is proposed, based on a review of the literature and management practice, it is clear that there is a need for some level of coordination of activities and processes within and between organizations in the supply chain that extends beyond logistics.
Abstract: Practitioners and educators have variously addressed the concept of supply chain management (SCM) as an extension of logistics, the same as logistics, or as an all‐encompassing approach to business integration. Based on a review of the literature and management practice, it is clear that there is a need for some level of coordination of activities and processes within and between organizations in the supply chain that extends beyond logistics. We believe that this is what should be called SCM. This article proposes a conceptual model that provides guidance for future supply chain decision‐making and research.
2,789 citations
Book•
01 Jan 1998
TL;DR: In this paper, the authors present a framework for inventory management and production planning and scheduling with a focus on the most important (Class A) and routine (Class C) items.
Abstract: THE CONTEXT AND IMPORTANCE OF INVENTORY MANAGEMENT AND PRODUCTION PLANNING AND SCHEDULING. The Importance of Inventory Management and Production Planning and Scheduling. Strategic Issues. Frameworks for Inventory Management and Production Planning and Scheduling. Forecasting. TRADITIONAL REPLENISHMENT SYSTEMS FOR MANAGING INDIVIDUAL--ITEM INVENTORIES. Order Quantities When Demand is Approximately Level. Lot Sizing for Individual Items with Time--Varying Demand. Individual Items with Probabilistic Demand. SPECIAL CLASSES OF ITEMS. Managing the Most Important (Class A) Inventories. Managing Routine (Class C) Inventories. Style Goods and Perishable Items. THE COMPLEXITIES OF MULTIPLE ITEMS AND MULTIPLE LOCATIONS. Coorinated Replenishments at a Single Stocking Point. Supply Chain Management and Multiechelon Inventories. PRODUCTION PLANNING AND SCHEDULING. An Overall Framework for Production Planning and Scheduling. Medium--Range Aggregate Production Planning. Material Requirements Planning and its Extensions. Just--in--Time and Optimized Production Technology. Short--Range Production Scheduling. Summary. Appendices. Indexes.
2,739 citations
TL;DR: This chapter extends the newsvendor model by allowing the retailer to choose the retail price in addition to the stocking quantity, and discusses an infinite horizon stochastic demand model in which the retailer receives replenishments from a supplier after a constant lead time.
Abstract: Publisher Summary This chapter reviews the supply chain coordination with contracts. Numerous supply chain models are discussed. In each model, the supply chain optimal actions are identified. The chapter extends the newsvendor model by allowing the retailer to choose the retail price in addition to the stocking quantity. Coordination is more complex in this setting because the incentives provided to align one action might cause distortions with the other action. The newsvendor model is also extended by allowing the retailer to exert costly effort to increase demand. Coordination is challenging because the retailer's effort is noncontractible—that is, the firms cannot write contracts based on the effort chosen. The chapter also discusses an infinite horizon stochastic demand model in which the retailer receives replenishments from a supplier after a constant lead time. Coordination requires that the retailer chooses a large basestock level.
2,626 citations
Journal Article•
TL;DR: In this article, the authors discuss the role of logistics in achieving service and financial goals and provide a clear examination of the impact of logistics on competitive advantage, concluding that training and motivating employees can significantly increase customer satisfaction.
2,603 citations