Modeling of Responsive Supply Chain: 1st Edition (Hardback) book cover

Modeling of Responsive Supply Chain

1st Edition

By M.K. Tiwari, B. Mahanty, S. P. Sarmah, M. Jenamani

CRC Press

225 pages | 68 B/W Illus.

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pub: 2012-08-20
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Description

A guide to help readers meet the demands of an evolving competitive business environment, Modeling of Responsive Supply Chain outlines novel concepts and strategies for implementing a fully integrated system of business improvement methodologies.

This self-contained reference covers various key aspects of supply chain management, which is crucial to boosting industrial growth in the face of expanding globalization in the manufacturing and transportation sectors. The book focuses on topics that could potentially improve the free flow of goods and services between nations by helping users assess the performance of logistic systems deployed to achieve this end.

Chapters present a conventional and evolutionary approach to coordinating all elements of the supply chain to optimize an enterprise’s competitive advantage. The authors explore different models associated with transportation, facility location, and assignments, as well as planning and scheduling. They also address diverse technologies, such as RFID tags used to monitor product flow within the supply chain network.

This book addresses the importance of:

  • Recognizing responsiveness as a metric of supply chain performance
  • Domain interfaces for solving the optimization problem by making supply chains more responsive
  • Coordination through contracts to enhance responsiveness
  • System dynamics methodology to achieve responsiveness, as well as management principles, control theory, and computer simulation
  • The use of different types of technologies to build a better supply chain that achieves higher responsiveness

Few, if any, single volumes provide the detailed explanation of practical and conceptual approaches found in this book. It covers the entire spectrum of topics and will be equally useful as a reference for scholars and graduate students and as a compendium for practitioners dealing with real-life problems in contemporary supply chain management.

Reviews

"Useful and topical book.. Will be of great interest to researchers and advanced students!"

—Bopaya Bidanda, University of Pittsburgh, Pennsylvania

"… an original work on supply chain responsiveness in broader perspective and it is the first book which is solely dedicated to understand and increase the responsiveness of supply chain. … provides a complete state-of-art and framework to develop a responsive supply chain and it includes various strategic as well as operational factors. … shows the impact of various types of contracts in supply chain to increase the responsiveness according to the market. In this connection, it provides a new insight for the researchers as well as the case study is also helpful for practitioners. … The most precious part of the book is related to the various technologies for providing the integration and inter-operability in supply chain. The most important noticeable point is its language which is easily understandable by the audience. … a gem for supply chain management students as it provides a multi-dimension insight to understand the various complex issues in supply chain to make supply chain more responsive."

—Dr. Felix T. S. Chan, The Hong Kong Polytechnic University, Hung Hom, Kowloon

"… a basic overview of research in the field of supply chain management. … the authors explain every aspect to regarding the network design, application of system dynamic, and technologies for supply chain management."

—Pei-Chann Chang, Information Management Department, Yuan Ze University, Taiwan

"Responsive Supply Chains are very important for the success of Manufacturing Industry in today’s highly competitive global markets. The proposed monograph provides an interesting and comprehensive introduction and study of this topic. It should provide useful insight and learning for both students and practitioners alike. It is an enjoyable read as the book is well structured, guiding the reader from a clear, easy to read introduction, step by step through the complexities of how Supply Chains may be optimised to achieve greater Responsiveness. The book provides a timely and valuable contribution to the important topic of Modelling Responsive Supply Chains."

—Jenny Harding

Table of Contents

Supply Chain Responsiveness

Framework for Supply Chain Responsiveness

A Supply Chain Optimization Perspective to Achieve Responsiveness

Network Design Problem

Responsiveness in Supply Chain Due to Inventory Management

Conclusions

Supply Chain Coordination: Modeling through Contracts

What Is Coordination?

Research on Coordination through Contracts

Coordination under Asymmetric Information

Conclusions and Directions for Future Research

System Dynamics Applications in Supply Chain Modeling

Characteristics of System Dynamics

Supply Chain Modeling Using System Dynamics

Modeling the Bullwhip Effect Using System Dynamics

A Case of Retailer’s Inventory

Conclusions

Appendix: A Brief Note on System Dynamics

System Dynamics Concepts

Technologies for Supply Chain Integration and Interoperability

Dimensions of Supply Chain Integration

Dimensions of Interoperability

A Motivating Example: Vendor-Managed Inventory Systems

Conceptual and Implementation Frameworks for Interoperable Systems

Technologies for Interoperability

Object-Oriented Analysis for Integrated Supply Chain Design and Implementation

Application of Integration Technology in Supply Chain—An Example

Conclusions

About the Authors

Biswajit Mahanty is currently professor and head of the Department of Industrial Engineering and Management at IIT Kharagpur. He has obtained his B.Tech (Hons) degree in Mechanical Engineering, and his M.Tech and Ph.D. degrees in Industrial Engineering and Management—all from IIT Kharagpur. To the present, Professor Mahanty has had a rich and varied professional career with over six years of industrial experience and about 22 years of teaching, research, and industrial consulting work experience. His areas of interest are system dynamics, operations research, information systems, and supply chain management.

Manoj Kumar Tiwari works in the area of computational intelligence and its applications in manufacturing and operations management. His contribution has also been focused to solve production planning and control problems on manufacturing. Tiwari also addresses issues and concerns related to supply chain management. He has published more than 162 papers in respected international journals and has more than 80 papers in several national and international conferences. He is listed among top 20 most productive authors in the area of production and operations management as reported in the last 50 years.

S.P. Sarmah obtained his Ph.D. degree from IIT Kharagpur, India and is currently working as an associate professor in the Department of Industrial Engineering and Management at IIT Kharagpur. Prior to teaching, he worked in industry for nearly four years. Dr. Sarmah’s present research interests are in the areas of supply chain coordination, supply chain risk management, reverse logistics, production planning and control, inventory management, and project management. He has published papers in several leading international journals.

Mamata Jenamani is currently working in the Department of Industrial Engineering and Management as an associate professor. Before that she worked in the Department of Computer Science and Engineering at the National Institute of Technology, Rourkela. She is a Ph.D. from IIT Kharagpurt and Post Doctoral Research from Purdue University. In 2005, she won an Emerald/EFMD Outstanding Doctoral Research Award in the category of Enterprise Applications of Internet Technology for her Ph.D. work. Her broad area of interest is information systems and e-business. Her current research interests include e-procurement, auctions, and application of information technology to supply chain systems.

About the Series

IIT Kharagpur Research Monograph Series

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS076000
BUSINESS & ECONOMICS / Purchasing & Buying
BUS101000
BUSINESS & ECONOMICS / Project Management
TEC029000
TECHNOLOGY & ENGINEERING / Operations Research