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An
Overview of Evolutionary Multi-Criteria Analysis: Applications
in Management of Operations in Supply Chain
--
Rajeshwar S Kadadevaramath and K M Mohanasudaram
Multi-objective
Evolutionary computation methods were used extensively in
the past and are being used in the present for the solution
of different functional areas of supply chain optimization
problems. A considerable number of significant developments
in the methods of Evolutionary Multi-objective Optimization
(EMO) and applications are reported for a wide range of
relevant optimization problems in the areas of engineering,
medical science, scientific field, aero space, and science
and technology. This paper presents a brief literature review
of the impact of the fast-growing EMO field of research.
After analyzing, the paper concludes with a discussion of
some of the most promising research trends in the years
to come in the area of supply chain management.
©
2007 IUP . All Rights Reserved.
Performance
Evaluation of 3PL Service Provider using AHP and Topsis:
A Case Study
-- M N Qureshi,
Dinesh Kumar and Pradeep Kumar
The
growing healthy relations among shippers and 3PL service
providers encourage the logistics services expansion. About
20% growth has been witnessed in logistics outsourcing globally.
Realizing the market potential, many 3PL service providers
are in with their massive expansion plans to widen their
services. Expansion of services into the new domain requires
huge investment—thus postulate the market assessment
and performance evaluation of 3PL service providers. It
is also an indispensable issue for the managements to take
strategic decisions from time to time. The paper presents
a case study of LOGIWORLD, a 3PL service provider, illustrating
various performance facets. It also provides the performance
evaluation using Taguchi's loss function.
©
2007 IUP . All Rights Reserved.
Just-in-Time
Practices in Supply Chain: Insight from Electronic Industry
-- Om Pal Singh and Satish Chand
Just-in-Time
(JIT) strategies have been widely accepted in literature
to minimize the waste and to improve performance measures,
such as lead time, inventory levels and unit production
cost. This paper analyzes the supply chain of on electronic
industry. The relevant data has been collected from the
industry records and discussions with the industry people.
It has been observed that the industry has presently adopted
Economic Order Quantity (EOQ)-based inventory control technique
for procurement of raw materials. Efforts have been made
to develop a supply model based on JIT philosophy in place
of EOQ purchasing. Various JIT practices have been suggested
keeping in mind the industrial constraints of the existing
industry. Using the developed model, the unit controlling
costs of the purchased materials was found to have reduced
considerably due to lower level of inventory and space requirement.
This paper aims to provide a focused review of literature
on JIT practices in supply chain, develop a JIT supply model
and make some suggestions to improve the performance of
the supply chain of the electronic industry under consideration.
©
2007 IUP . All Rights Reserved.
Supply
Chain Effectiveness Strengthens Relationship
--
Shirshendu Ganguli and Harsh Arora
Relationship
marketing has been looked at from different angles and perspectives
in various researches. Now, as the basics of marketing 4P
suggests, place (distribution or supply) is an important
variable in marketing mix. So it should have impact on relationship
marketing also. This paper tries to come to some conclusions
on the impact of supply chain on the relationship building
process, by looking at the literature on relationships.
The authors looked at supply chain from the point of view
of suppliers to companies manufacturing products or services,
and also as suppliers of products to customers, as the idea
was to analyze the effect of supply function on relationship
building and long-term relationship maintenance. The paper
discusses diverse issues such as variables of relationship,
the impact of suppliers on the business, and applications
of supply chain in different business situations.
©
2007 IUP . All Rights Reserved.
Customer-Centric
Supply Chain in Best Buy
-- Sanghamitra
Bhattacharya
Best
Buy, the $30-billion-a-year company had ruled the US consumer
electronics market since 1995. Its presence extended to
more than 700 stores in 49 states and it offered video games,
music on compact disk, television, DVDs, UMDs, etc. Best
Buy accounted for 17% of the consumer electronics market
in the USA and Canada. The company had witnessed growth
through its technology-enabled supply chain. Due to competition
from Wal-Mart and increasing demand from the customers for
better service, Best Buy decided to implement a customer-centric
technology-enabled supply chain. Would Best Buy succeed
in its efforts?
©
2007 IUP . All Rights Reserved.
Implementation,
Application and Benefits of
Delivery Order System: A Case Study of Samsung India
--Nandita
Mishra and Sujata Kapoor
The
case highlights the implementation of Delivery Order (DO)
system by Samsung India. The system was developed to surmount
the shortcomings of Just-in-Time (JIT) inventory system.
One of the benchmarks in the history of Samsung India was
the establishment of a refrigerator plant in 2004 which
pushed production volume drastically. The DO system not
only facilitated the company to handle the augmented production
volume but also helped to solve the problems such as shortage
of warehousing space, high inventory cost and avoiding stock
out situation. There was a three-phased implementation of
this system. First, total quality control and inspection
was shifted to the vendors end; second, setting up DO for
D day and D+2 days; and finally, Samsung Local Procurement
System (SLPS) site was linked to Systems Applications and
Products (SAP). Thus, DO reinforced the implementation of
an efficient inventory system by Samsung India.
©
2007 IUP . All Rights Reserved.
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