In this review we focus on supply coordination and use the bullwhip effect as the key example of supply chain inefficiency. We emphasize the managerial relevance of the bullwhip effect and the methodological issues so that both managers and researchers can benefit.
Intimesofdecliningeconomicgrowth,companieshavetocontroltheircostsmore than ever to saveresources needed in the future. Regardless of the economic size of the company, the processes of production and logistics play a decisive role in stabilizing procedures and avoiding waste. Both are important cost drivers in manufacturing companies and therefore they o?er large potential savings. Pervasive networking in the last years has contributed to a hitherto unknown transparency of global markets. This harmonization opened up new possibilities of entering foreign markets for procurement and sales to the companies. The emerging global procurement strategy was understood as a chance to rethink the relocation of existing production facilities to pro?t from existing di?erences in price and performance as a resource-saving factor. Many companies tended towards a reduction of their vertical integration by outsourcing sections of their value chain. These contracted services of production result in higher transport volumes, increased complexity of supply processes and new requirements on - gistic networks. This trend of outsourcing has not stopped, but is slowing down noticeably. Additionally,thereisanincreasingproportionofcompaniesrestoring business units that were outsourced before. Reasons for turning back decisions are often to be found in missed goals. It is not unusual that important cost f- tors were disregarded in the original basis of decision-making. In the meantime many companies have realized that it is easier to achieve stability of processes and therewith a control of costs by increasing their own contribution to p- duction. Especially in times of under-utilized capacities like in the current crisis, insourcingcanbeastrategicoption.
Production and manufacturing management since the 1980s has absorbed in rapid succession several new production management concepts: manufacturing strategy, focused factory, just-in-time manufacturing, concurrent engineering, total quality management, supply chain management, flexible manufacturing systems, lean production, mass customization, and more. With the increasing globalization of manufacturing, the field will continue to expand. This encyclopedia's audience includes anyone concerned with manufacturing techniques, methods, and manufacturing decisions.
The two volumes IFIP AICT 397 and 398 constitute the thoroughly refereed post-conference proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2012, held in Rhodes, Greece, in September 2012. The 182 revised full papers were carefully reviewed and selected for inclusion in the two volumes. They are organized in 6 parts: sustainability; design, manufacturing and production management; human factors, learning and innovation; ICT and emerging technologies in production management; product and asset lifecycle management; and services, supply chains and operations.
Integrative planning in supply chains is an essential field in logistics management. But still there are open questions especially in a long-term perspective: In order to align strategic decisions of several supply chain partners an integrated long-term demand planning process is necessary but in many industries sill mission. This would enable companies for example to co-ordinate their long-term investments in production facilities as well as transport and storage capacities and therefore increase overall efficiency in supply chains. This edition gives a very good outline about the basic problem, providing further an innovative stepwise approach to solve the integrated planning problem. The concept is matched with the business case 'BP' as a typical company and industry with influential long-term changes ahead. By this business example implementation the real life value of such planning instruments can be shown. This will motivate many companies and industries to transfer the concept to their specific environments in order to further optimize their supply chains in the future.
The interest within the academic community regarding AI has experienced exponential growth in recent years. Several key factors have contributed to this surge in interest. Firstly, the rapid advancements in AI technologies have showcased their potential to revolutionize various fields, such as healthcare, finance, and transportation, sparking curiosity and enthusiasm among researchers and scholars. Secondly, the availability of vast amounts of data and computing power has enabled academics to delve deeper into AI research, exploring complex algorithms and models to tackle real-world problems. Additionally, the interdisciplinary nature of AI has encouraged collaboration among experts from diverse fields like computer science, neuroscience, psychology, and ethics, fostering a rich exchange of ideas and approaches. With contributions from a diverse group of authors, this book offers a multifaceted perspective on machine learning and data mining. Whether you’re an experienced researcher or a newcomer, this collection is an essential resource for staying at the forefront of these dynamic and influential disciplines.
The book provides an introduction to logistics and supply chain management and the application of evolutionary computation, focusing on specific fields related to supply chain issues, from strategic sourcing decisions, and production planning and control to inventory to logistics and its application using evolutionary / heuristics techniques. Bridging the gap between management research, decision-making and computer analysis, this interdisciplinary book features state-of-the-art descriptions of the corresponding problems and advanced methods for solving them.