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Strategic Supply Chain Modeling---A Supply Chain Perspective of Cost Efficiency and Responsiveness

Strategic Supply Chain Modeling---A Supply Chain Perspective of Cost Efficiency and Responsiveness


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About the Book

Increasing globalization, growing product range diversity, and rising consumer awareness are making the market(s) highly competitive, forcing supply chains to constantly adapt to different stimuli. It is now well established in the literature that among the many order-winners, both overall supply chain cost as well as responsiveness (i.e., supply chain lead-time) are the most significant determinants of supply chain competitiveness. The literature, however, mostly focuses on supply chain cost minimization with rather simplistic treatment of responsiveness. By focusing upon these two important order winners in a supply chain configuration context, that is assuming that the structural decisions with respect to the supply chain topology are already made, we address three important problems namely (a) safety stock placement at different stages (b) supplier selection at a stage and (c) the sensitivity of point of differentiation in a mass customization setting. In the first part of our research, by introducing the concept of 'coefficient of inverse responsiveness' (CIR), we facilitate efficient introduction of responsiveness related costs into the scheme of supply chain performance evaluation and/or optimization. In particular, it aids in strategic placement of safety stocks at different stages in the supply chain. Our model also offers managerial insights that help improve our intuitions for supply chain dynamics. In the second part of our research, we address the supplier selection problem, while configuring a supply chain. By extending the model developed in the first part of our research by considering cycle stock inventory costs, we offer some very interesting insights with respect to the effect of cost efficient operations and/or location and cost of volume related flexibility at a stage on alternate suppliers. In the last segment of our research, we address the issue of sensitivity of point of differentiation in a mass customization setting. Determining the point of differentiation is one of the crucial problems that need to be addressed by a supply chain manager, while configuring a supply chain. Based on the strategic model developed, we offer some very interesting insights with respect to the location of optimal point of differentiation in a supply chain.


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Product Details
  • ISBN-13: 9781243489005
  • Publisher: Proquest, Umi Dissertation Publishing
  • Publisher Imprint: Proquest, Umi Dissertation Publishing
  • Height: 254 mm
  • Weight: 327 gr
  • ISBN-10: 1243489006
  • Publisher Date: 01 Sep 2011
  • Binding: Paperback
  • Spine Width: 10 mm
  • Width: 203 mm


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Strategic Supply Chain Modeling---A Supply Chain Perspective of Cost Efficiency and Responsiveness
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