Search results

Purpose – The purpose of this study is to explore the concept of the economic lot sizing and the time cycle period of reordering. The stochastic demand is quite common in the real environment of a cement retailer. The study compares three methods to obtain the optimal solution of a lot-sizing ordering from the real case of the previous study where the dataset is collected from the area of some retailers at Banda Aceh Province of Indonesia.

Design/Methodology/Approach – The problem model appears when the retailer with shortage has to fulfill the lot size in the optimal condition to the stochastic demand while at the same time has the backlog condition. Moreover, when the backorder needs the time horizon for replenishment where this condition influences the holding cost at the store, many retailers try to solve this problem to minimize the holding cost, but on the other side, it should fulfill the customer demand. Three methods are explored to identify that condition: a Wagner–Whitin algorithm, the Silver–Meal heuristic, and the holding and ordering costs. The three methods are applied to the lot sizing when there is a backlog.

Findings – The results of this study show that the Wagner–Whitin algorithm outperforms the other two methods. It shows that the performance increases around 27% when compared to the two other methods in this study.

Research Limitations/Implications – All models are almost approximate and useful to determine the cycle period on stochastic demand.

Practical Implications – The calculation of the dataset with the three methods would give the simple example to the retailer when he faces the uncertainty demand models. The prediction of the calculation is done accurately than the constant calculation, which is more economic.

Social Implications – The calculation will contribute to much better predictions in many cases of uncertainty.

Originality/Value – This is a initial comparative model among other methods to achieve the optimal stock and order for a retailer

The purpose of the study is to explore the dominant ideas in research on the management of time in construction. The focus of research has been to improve techniques for optimising the timing and sequence of activities.

A critical review of research on construction time management, challenging the typical focus. We examine the assumptions different authors make, underline the limitations of the dominant research approaches and examine the prospects for developing a new approach to researching these issues.

The dominant approach in literature focuses on unique activity traits in construction planning and measurable patterns between time-related variables. This assumes that time in construction can be managed by changing the way activities are calculated. These approaches have not been correlated with improvement in performance. Social practice theory may help to explain how programmes figure as one of many objects used during construction.

The focus is on reviewing indicative literature from key journals in construction management. The implication is that research is needed about how such documents are used in practice, which goes further than optimising plans in theory.

Future research could focus on understanding the context of construction planning practice and shift the debate from a focus on optimisation to practice.

An interpretivist approach with a focus on how tools such as planning documents are used on site. Social practice theory may provide a clearer explanation of the place of construction planning within the practice of construction management. This could provide solutions that deal effectively with stakeholder expectations around timely completion of construction projects.

Purpose – The purpose of this study is to analyze and design a virtual collaboration information system of the Jamu supply chain network based on a fair adaptive contract to respond to stability challenges in business with an uncertainty environment condition.

Design/Methodology/Approach – System entity approach is used for the purpose of system analysis and then case, sequence diagram, class diagram, graph data modeling, and business process modeling and Notation verse 2 (BPMN2.0) are also used to design the system concept. Each process of the connecting event and gateways was arranged with relevant multicriteria decision approach, whilst an adaptive quantitative formulation based on prescriptive analytics was embedded to ensure a fair contract implementation during the terms for all sphere roles in supply chain.

Findings – The results and implications of this model emphasizes on the knowledge, competence, trust, and fair (KCTF) for actors’ adoption to improve supply chain stability and implementation.

Practical Implications – This led actors to collaborate their business in a more effective way.

Originality/Value – This model can reach more stability in the uncertainty environment.

This chapter discusses female managers’ and entrepreneurs’ views on lifelong learning. The main empirical data were drawn from interviews with 67 women participating in training and coaching programmes in South Savo, Finland, in 2017–2021. Many of the women belonged to the working sandwich generation (WSG). The particular focus was on how lifelong learning relates to these women’s careers, wellbeing at work, work–life balance and search for meaningful lives. A model integrating women’s earning, learning and meaning aspects of work and life was developed. The findings of the study show that considering women’s fragmented work careers, lifelong learning is often crucial for them. For an individual, opportunities for lifelong learning and meaningful work assure personal development, wellbeing at work and a sustainable career. For employing organisations, offering opportunities for learning and meaningful work for their employees constitutes a competitive advantage.

Due to the global labor market challenges, international companies react and adjust fast to these circumstances by implementing digital solutions into all business processes. Organizational ambidexterity is seen as the response of digital transformation and it can be divided into structural, contextual, and sequential dimensions. In this context, organizations representing the smart industry will need employees with specific competencies which let them meet technological challenges.

This chapter aims to clarify the state of opinion on expectations towards, and preparedness for, the impact of Industry 4.0 on human resources management and the implementation of various types of ambidexterity in these companies. We have conducted interviews with key HR informants from manufacturing companies operating in Germany and Poland. We have found that Industry 4.0 has a significant impact on HR practices. In both international companies, various digital solutions in employee recruitment, development, and performance, have been implemented. There have also been mature examples in both companies of structural, contextual, and sequential ambidexterity.