Supply Network Dynamics and Control


Book Description

This book provides a comprehensive overview of recent developments in network dynamics and control with applications to supply chains, manufacturing and logistics systems. It systemizes these developments in the form of new taxonomies and methodological principles to shape the research domain of supply network dynamics control. Uniquely, the book links the fundamentals of control and system theories and artificial intelligence with supply chain and operations management. It addresses the needs of researchers and practitioners alike, revealing the challenges and opportunities of supply chain and operations management by means of dynamic system analysis.




Modelling Supply Chain Dynamics


Book Description

This book discusses supply chain management, focusing on developments within modelling the dynamic behaviour of the supply chain. Aimed at postgraduate students, researchers and practitioners, this book provides an in-depth knowledge of the dynamics of supply chains. Business trends such as the globalisation process and the increase of competition across many industrial sectors have forced companies to concentrate on their core competences and to outsource those activities in which they do not excel. As a consequence, companies no longer produce and distribute their goods in isolation, but being part of a supply chain or supply network, i.e. a set of interrelated companies who ultimately deliver the goods and services to the final customer. Despite the prevalence of supply chains as the primary form of production and distribution, their performance can be seriously hampered by the complex dynamics resulting from the collaboration and coordination (or lack thereof) among their members. This book provides the reader with modelling tools to understand, analyse and improve the dynamic behaviour of supply chains. It assembles seminal works on supply chain models and recent developments on the topic in order to provide a comprehensive, unified vision of the field for researchers and practitioners who wish to grasp the challenges of supply chain management. Aside presenting the main elements, equations and performance indicators governing the dynamics of a supply chain, and the book addresses issues such as the effect of timely and accurately sharing the information across members, the influence of restrictions on the productive capacities of their members, or the impact of the variability of the lead times, among others. Furthermore, more complex supply chain structures such as non-serial supply networks or closed-loop supply chains are modelled and discussed. Relevant managerial insights regarding the causes of supply chain underperformance, as well as avenues to improve their efficiency can be extracted from the resulting models.




Structural Dynamics and Resilience in Supply Chain Risk Management


Book Description

This book offers an introduction to structural dynamics, ripple effect and resilience in supply chain disruption risk management for larger audiences. In the management section, without relying heavily on mathematical derivations, the book offers state-of-the-art concepts and methods to tackle supply chain disruption risks and designing resilient supply chains in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering background. In the technical section, the book constitutes structural dynamics control methods for supply chain management. Real-life problems are modelled and solved with the help of mathematical programming, discrete-event simulation, optimal control theory, and fuzzy logic. The book derives practical recommendations for management decision-making with disruption risk in the following areas: How to estimate the impact of possible disruptions on performance in the pro-active stage? How to generate efficient and effective stabilization and recovery policies? When does one failure trigger an adjacent set of failures? Which supply chain structures are particular sensitive to ripple effect? How to measure the disruption risks in the supply chain?




Electronic Supply Network Coordination in Intelligent and Dynamic Environments: Modeling and Implementation


Book Description

"This book presents cutting-edge knowledge on scientific approaches to the management of supply networks in a highly informed global environment with abundant dynamic and uncertain challenges"--Provided by publisher.




Global Supply Chain and Operations Management


Book Description

The third edition of this textbook comprehensively discusses global supply chain and operations management (SCOM), combining value creation networks and interacting processes. It focuses on operational roles within networks and presents the quantitative and organizational methods needed to plan and control the material, information, and financial flows in supply chains. Each chapter begins with an introductory case study, while numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It examines how to balance supply and demand, a core aspect of tactical planning, before turning to the allocation of resources to meet customer needs. In addition, the book presents state-of-the-art research reflecting the lessons learned from the COVID-19 pandemic, and emerging, fast-paced developments in the digitalization of supply chain and operations management. Providing readers with a working knowledge of global supply chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, specialized, and advanced classes alike. It is intended for a broad range of students and professionals in supply chain and operations management.




The Dynamics and Effects of Supply Network Structure


Book Description

The rising interest in network theory among supply chain scholars reflects an emerging shift in perspective. To deliver global speed, efficiency, and responsiveness, modern firms' supply chains are becoming increasingly complex. The patterns of interactions and interdependencies among hundreds of firms interconnected by these complex supply chains cannot be adequately explored from the dyadic perspective, which has dominated supply chain research for decades. Many supply chain scholars agree that the language of networks can provide a syntax and structure to describe and explore this complex reality. The actual application of network theory in supply chain research, however, has been limited. This dissertation provides three examples of how rigorous network analysis can furnish both a theory and a method to study modern firms' supply chains and obtain new knowledge advancing both scholarly thought and business practice. In this light, this dissertation may serve as a guide for supply chain scholars seeking to leverage the potential of empirical network analysis in their research. Essay 1 explores some of the ways in which structural properties of a firm's supply network affect the accuracy of forecasts made by stock analysts. Essay 2 examines how a firm's supply network changes its structure when the firm experiences stretches of financial difficulty. Essay 3 investigates how the structure of a firm's supply network changes as the firm unfolds a significant exploratory innovation project. Collectively, these three essays demonstrate the value of the network perspective as a great connector of ideas extending the interface between supply chain management and other business disciplines.




Supply Network Strategies


Book Description

Supply Network Strategies deals with how companies activate relationships with suppliers in order to become more efficient and innovative. In recent years, increasing emphasis has been placed on the ways in which these relationships link companies in supply chains and networks.




Design, Analysis and Optimization of Supply Chains


Book Description

Intended for an audience of graduate students, executive MBA students, and mid-to upper level government and corporate managers, Design, Analysis and Optimization of Supply Chains: A System Dynamic Approach examines the complexity of the types of organizations that comprise a modern supply chain, the problems that arise as a result of this complexity, and the solutions and analytical approaches available to managers that can help resolve these real world problems and dilemmas. The modern enterprise, be it a large corporation or a government agency, has two key dimensions of complexity: static and dynamic. The static complexity refers to the remarkable number of companies and agencies that enable delivery of the product or service. A static "snapshot" of this end-to-end enterprise would reveal hundreds if not thousands of companies involved in the supply network and many additional firms involved in the distribution and delivery to customers. Planning, communication, coordination and execution of this large system network is fundamentally challenging just because of the sheer size. This large, extended network represents the static complexity. The dynamic complexity arises from the difficulty of managing the performance of this extended enterprise over time. This requires having the appropriate metrics to track performance over time, the management skills to develop strategies, the ability to collect and monitor the correct data for true visibility, and the recognition and understanding of the long lags between actions and results. Design, Analysis and Optimization of Supply Chains: A System Dynamic Approach incorporates real-world examples and cases, representing actual complex enterprise systems including firms involved and with long lead times, to illustrate the multi-faceted activities occurring within a modern supply chain and the challenges they pose to managers. Simulation and optimization techniques are introduced and used to develop strategies for improved performance.




Modeling of Responsive Supply Chain


Book 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.