Topic
Value chain
About: Value chain is a research topic. Over the lifetime, 7206 publications have been published within this topic receiving 224183 citations.
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16 Aug 1996
TL;DR: The evolution of Logistics and the supply chain as management disciplines is discussed in this paper, where the authors present a case study of Canterbury Sealants and the International Supply Chain Management: Issues and Implications.
Abstract: The Evolution of Logistics and the Supply Chain as Management Disciplines - Customer Focus in the Supply Chain - Achieving Customer Satisfaction Objectives - Corporate Profitability and the Supply Chain - Intra Company Cross Functional Roles in Logistics - Value Chain and Value Delivery Systems for Supply Chain Management - Facilities Decisions - Inventory Management and the Supply Chain - Transportation Choices in the Supply Chain - Supply Chain Communications - Formulating a Supply Chain Strategy - Distribution Channel Design and Management - Forming Strategic Partnerships and Alliances - Customer Account Profitability and Direct Product Profitability Analyses - Best Practice and Benchmarking - International Supply Chain Management: Issues and Implications - Optimisation of the Supply Chain - Information for Supply Chain Management - Organisation Design and Management of the Supply Chain - Retailing Management and the Supply Chain Interface - Case Study: Canterbury Sealants
252 citations
TL;DR: In this paper, the authors developed an innovative methodology to apply lean value chain improvement techniques to a complete supply chain for a food product from farm to consumer, based on a case study involving farmers, a food processor and a major retailer.
Abstract: Purpose – To develop an innovative methodology to apply lean value chain improvement techniques to a complete supply chain for a food product from farm to consumer.Design/methodology/approach – Action research based on a UK case study involving farmers, a food processor and a major retailer.Findings – Value stream analysis (VCA) highlights significant opportunities to improve supply chain performance, profitability and relationships.Research limitations/implications – Lean/VCA methodologies can be readily applied to the retail and processor elements of food chains. However, further research is required to apply the concepts to farm operations.Practical implications – Subsequent to this research, VCA techniques have been increasingly adopted in UK agri‐food sectors including meat, dairy, cereals and horticulture.Originality/value – Application of lean concepts and VCA in the agri‐food sector. Development of a multi‐echelon supply chain improvement methodology.
250 citations
TL;DR: In this paper, the authors adopt the system dynamics methodology as a modeling and analysis tool to tackle strategic issues for food supply chains and demonstrate the applicability of the developed methodology on a multi-echelon network of a major Greek fast food chain.
250 citations
TL;DR: In this article, a reverse supply chain is designed to match the type of return with the appropriate closed-loop supply chain, and the value of reuse information may in some cases be higher than value of the returns themselves.
Abstract: While companies spend much effort on the design, analysis, and management of their forward supply chains, they need to pay the same attention to their reverse supply chain. Pioneering firms have learned that making product returns profitable relies on good design of the reverse chains' business processes, including integration with the forward chain. Product modularity offers new possibilities for supply chain design. Optimal closed-loop supply chain management requires three things. First, the type of return needs to be matched with the appropriate closed-loop supply chain. Second, through modular reuse, optimal value can be regained in closed-loop applications. Third, the value of reuse information may in some cases be higher than the value of the returns themselves.
248 citations
TL;DR: In this article, the authors developed a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages and showed that the incentive to integrate suppliers varies systematically with the relative position (upstream versus downstream) at which the supplier entered the production line.
Abstract: We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for the optimal allocation of ownership rights along the value chain. We show that the incentive to integrate suppliers varies systematically with the relative position (upstream versus downstream) at which the supplier enters the production line. Furthermore, the nature of the relationship between integration and "downstreamness" depends crucially on the elasticity of demand faced by the final-good producer. Our model readily accommodates various sources of asymmetry across final-good producers and across suppliers within a production line, and we show how it can be taken to the data with international trade statistics. Combining data from the U.S. Census Bureau's Related Party Trade database and estimates of U.S. import demand elasticities from Broda and Weinstein (2006), we find empirical evidence broadly supportive of our key predictions. In the process, we develop two novel measures of the average position of an industry in the value chain, which we construct using U.S. Input-Output Tables. [PUBLICATION ABSTRACT]
247 citations