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Article
Publication date: 20 April 2012

Bernd Scholz‐Reiter, Jens Heger, Christian Meinecke and Johann Bergmann

Item classification based on ABC‐XYZ analysis is of high importance for strategic supply and inventory control. It is common to perform the analysis with past consumption data. In…

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Abstract

Purpose

Item classification based on ABC‐XYZ analysis is of high importance for strategic supply and inventory control. It is common to perform the analysis with past consumption data. In this context, the purpose of this study is to test the hypothesis that an integration of demand forecasts can improve the performance of item classification, in particular the performance of ABC‐XYZ analysis.

Design/methodology/approach

For the study, real data of an industrial enterprise in the mechanical engineering sector (focal company) were analyzed and evaluated.

Findings

The study shows that a comprehensive data analysis of the focal company can recommend a specific implementation of the ABC‐XYZ classification. In contrast to the classic method of making the ABC‐XYZ analysis based on consumption data only, the approach developed in this paper offers considerable advantages. These are quantifiable in respect to an assumed optimal reference classification.

Originality/value

The evaluation of the results is very promising and applicable to other branches besides mechanical engineering.

Details

International Journal of Productivity and Performance Management, vol. 61 no. 4
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 11 February 2020

Rubén Medina-Serrano, Reyes Gonzalez, Jose Gasco and Juan Llopis

The purpose of this paper is to explore sustainability and collaboration in supply chain (SC) management designs and to develop a sustainable supply chain design (SCD) model.

Abstract

Purpose

The purpose of this paper is to explore sustainability and collaboration in supply chain (SC) management designs and to develop a sustainable supply chain design (SCD) model.

Design/methodology/approach

First, a literature review of the principal theories and SC management approaches is discussed. Second, the development of a sustainable SCD model is described and explained. Third, the results and the operationalization of the model, which incorporates sustainable procurement elements based on the results of interviews from a case study, are outlined.

Findings

A framework is proposed to provide managers, practitioners and academics with a practical solution to make sustainable SC decisions in a more structured and consistent manner.

Originality/value

The paper presents a currently discussed problem about the design of differentiated supply chains to avoid or offset the effects of allocation issues in the electronic marketplace. Although past literature reviews provide valuable results, they were based upon the assessment of supply chain decisions failing to consider the sustainable corporate social responsibility and the interaction criteria. The findings from this study highlight the importance of addressing supply chain decisions in a structured manner and prioritize the development of dynamic capabilities to improve the firm’s ability to reconfigure internal and external competences to address rapidly changing environments and reinforce a collaborative SC management system with third parties.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 14 no. 1
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 2 October 2017

Christian F. Durach, Patrick C. Glasen and Frank Straube

The purpose of this paper is to identify and rank supply chain disruption causes for Western buying firms in the Chinese market; to identify supplier-relationship-specific…

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Abstract

Purpose

The purpose of this paper is to identify and rank supply chain disruption causes for Western buying firms in the Chinese market; to identify supplier-relationship-specific mitigation strategies to avoid and resist such disruptions; and to develop and propose a framework of relational supply chain disruption management with Chinese suppliers.

Design/methodology/approach

Two group exercises with 42 representatives from Western manufacturing buying firms and nine in-depth interviews were conducted. The group exercises applied the nominal group technique.

Findings

The authors identified and ranked 22 disruption causes in China for Western buying firms. Evaluating the five most urgent causes, 43 mitigation strategies could be identified that build on implementing strategic relationships with Chinese suppliers. A framework of relational supply chain disruption management for Western buying firms was developed with six propositions on primary constructs, mediators, and moderators, highlighting guanxi as a fundamental construct of relations within the Chinese culture.

Research limitations/implications

The findings contribute to theory development at the intersection of risk management and culture. Quantitative testing of the proposed relationships in the framework is needed to derive more reliable conclusions.

Practical implications

The study depicts how cultural differences between Chinese suppliers and Western buyers influence relational supply chain disruption management strategies. Using the study findings, managers of Western buying firms are informed regarding the most pressing disruption causes in the Chinese market and the value and strategic use of Chinese-supplier relationships.

Originality/value

The study provides a valuable contribution to the scant body of literature on disruption management in supply chains with Chinese suppliers. It contributes to our understanding of a successful risk management in the presence of cultural differences.

Details

International Journal of Physical Distribution & Logistics Management, vol. 47 no. 9
Type: Research Article
ISSN: 0960-0035

Keywords

Article
Publication date: 16 April 2024

Venkataramanaiah Saddikuti, Surya Prakash, Vijaydeep Siddharth, Kanika Jain and Sidhartha Satpathy

The primary objective of this article is to examine current procurement, inventory control and management practices in modern healthcare, with a particular focus on the…

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Abstract

Purpose

The primary objective of this article is to examine current procurement, inventory control and management practices in modern healthcare, with a particular focus on the procurement and management of surgical supplies in a prominent public, highly specialized healthcare sector.

Design/methodology/approach

This study was conducted in three phases. In Phase 1, the study team interacted with various hospital management stakeholders, including the surgical hospital store, examined the current procurement process and identified challenges. Phase 2 focused on selecting items for a detailed study and collected the qualitative and quantitative details of the store department of the healthcare sector chosen. A detailed study analyzed revenue, output/demand, inventory levels, etc. In Phase 3, a decision-making framework is proposed, and inventory control systems are redesigned and demonstrated for the selected items.

Findings

It was observed that the demand for many surgical items had increased significantly over the years due to an increase in disposable/disposable items, while inventories fluctuated widely. Maximum inventory levels varied between 50 and 75%. Storage and availability were important issues for the hospital. It is assumed the hospital adopts the proposed inventory control system. In this case, the benefits can be a saving of 62% of the maximum inventory, 20% of the average stock in the system and optimal use of storage space, improving the performance and productivity of the hospital.

Research limitations/implications

This study can help the healthcare sector administration to develop better systems for the procurement and delivery of common surgical items and efficient resource allocation. It can help provide adequate training to store staff. This study can help improve management/procurement policies, ordering and delivery systems, better service levels, and inventory control of items in the hospital business context. This study can serve as a pilot study to further investigate the overall hospital operations.

Practical implications

This study can help the healthcare sector administration develop better systems for procuring and delivering common surgical items and efficient resource allocation. It can help provide adequate training to store staff. This study can help improve management/procurement policies, ordering and delivery systems, better service levels and inventory control of items in the hospital business context. This study can serve as a pilot study to further investigate the overall hospital operations.

Originality/value

This study is an early attempt to develop a decision framework and inventory control system from the perspective of healthcare inventory management. The gaps identified in real hospital scenarios are investigated, and theoretically based-inventory management strategies are applied and proposed.

Details

Journal of Advances in Management Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0972-7981

Keywords

Book part
Publication date: 7 June 2019

Cesare Di Feliciantonio

In this chapter, I unpack the idea of “smart community” conceived in relation to the first “smart district” in Italy, Milano 4 You, that will be realized in Segrate, one of the…

Abstract

In this chapter, I unpack the idea of “smart community” conceived in relation to the first “smart district” in Italy, Milano 4 You, that will be realized in Segrate, one of the wealthiest municipalities of Italy located in the Milanese metropolitan area. Through the lenses of critical political economy, notably the work of Miranda Joseph and David Harvey, the chapter focuses on the economic rationality behind the “smart community,” that is, a community of production and consumption. In fact, the new residents are envisaged as self-entrepreneurs willing to re-appropriate their data and sell them for profit, while sharing a “smart” lifestyle. However, the chapter avoids a reductionist and negative reading, highlighting the potential for contestation and alternative rationalities to emerge.

Details

The Right to the Smart City
Type: Book
ISBN: 978-1-78769-140-7

Keywords

Abstract

Details

The Techlash and Tech Crisis Communication
Type: Book
ISBN: 978-1-80043-086-0

Article
Publication date: 1 January 1996

J.K. Porter, P. Jarvis, D. Little, J. Laakmann, C. Hannen and M. Schotten

Discusses briefly the impact of MRP on UK manufacturing industry in the context of the next generation of developments. Draws a contrast with production planning and control…

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Abstract

Discusses briefly the impact of MRP on UK manufacturing industry in the context of the next generation of developments. Draws a contrast with production planning and control systems in Germany which derive shopfloor control through different architecture of business control systems. Presents the state of these developments in Germany as analysed by a leading academic institution (the FIR at Aachen University of Technology). Compares this with UK developments, as seen by the Liverpool short‐term scheduling group, which recently has analysed production planning/ scheduling practice in a range of different companies across various industry types. Offers the view that future PPC systems will be based around simple “core logic” with tailored subsystems, possibly built by manufacturing companies themselves.

Details

International Journal of Operations & Production Management, vol. 16 no. 1
Type: Research Article
ISSN: 0144-3577

Keywords

Abstract

Details

Organic Growth Disciplines
Type: Book
ISBN: 978-1-78973-875-9

Book part
Publication date: 17 September 2020

Peter McGhee

This Chapter applies the philosophy of Emmanuel Levinas to business’ role in the ‘War on Terror’. Specifically, it uses Levinasian ethics to explain how organisations, often with

Abstract

This Chapter applies the philosophy of Emmanuel Levinas to business’ role in the ‘War on Terror’. Specifically, it uses Levinasian ethics to explain how organisations, often with an abundance of ethical resources, become associated with military drones strikes against civilians, and offers ideas that challenge this practice. The chapter comprises several sections beginning with a brief introduction to the ‘War on Terror’ and the use of military drones. A concise discussion about business ethics and just war theory follows after which, the chapter explains Levinas’ ethics and his views on war. These ideas are applied to transform business ethical practice in this controversial area. The Chapter concludes with a summary of its main points.

Details

War, Peace and Organizational Ethics
Type: Book
ISBN: 978-1-83982-777-8

Keywords

Content available
Book part
Publication date: 26 September 2022

Richard D. Simmons and Nigel Culkin

Abstract

Details

Covid, Brexit and The Anglosphere
Type: Book
ISBN: 978-1-80382-690-5

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