| 1. |
- Agrawal, Tarun Kumar, 1989-, et al.
(författare)
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Understanding Supply Chain Visibility Through Experts’ Perspective: A Delphi Based Approach
- 2021
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Ingår i: Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. - Cham : Springer Nature. ; 633 IFIP, s. 189-196
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Konferensbidrag (refereegranskat)abstract
- Visibility in production logistics and across the supply chain has become a key concern for organizations. Its need has been further emphasized due to the current COVID 19 crisis. Organizations find it challenging to prepare the internal logistics and supply chain, and quickly respond to such unexpected events, due to low visibility. Against this backdrop, the paper, which is a work-in-progress, systematically documents different factors influencing supply chain visibility and crucial information that should be collected and shared among supply chain partners for better visibility. A Delphi analysis is being conducted with twenty-six supply chain experts from various globally recognized enterprises with manufacturing units located worldwide. The study starts with a short open-ended questioner to collect a comprehensive list of antecedents, drivers, barriers, effects, and visibility information based on the qualitative response from the experts. The preliminary results from the first round of the Delphi analysis indicate that risk management, environmental sustainability, and supply chain control are some of the key drivers. Lack of IT infrastructure and maturity are some of the barriers, integrated systems, and technology maturity are among the key antecedents and gaining planning capability and better customer service are some of the positive effects of supply chain visibility as per the experts’ opinion. In addition, information related to planning, supplier location, and deviation are among the crucial ones that require the collection and sharing for better supply chain visibility. This research study is among the few that empirically explores factors influencing supply chain visibility and generates new insights as to why the barriers can be difficult to overcome in complex supply chain settings.
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| 2. |
- Beldiceanu, Nicolas, et al.
(författare)
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Assistant: Learning and robust decision support system for agile manufacturing environments
- 2021
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Ingår i: IFAC-PapersOnLine. - : Elsevier. ; , s. 641-646
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Konferensbidrag (refereegranskat)abstract
- The European project ASSISTANT will provide a set of AI-based digital twins that helps process engineers and production planners to operate collaborative mixed-model assembly lines based on the data collected from IoT devices and external data sources. Such a tool will help planners to design the assembly line, plan the production, operate the line, and improve process tuning. In addition, the system monitors the line in real-time, ensures that all required resources are available, and allows fast re-planning when necessary. ASSISTANT aims to make cost-effective decisions while ensuring product quality, safety and wellbeing of the workers, and managing the various sources of uncertainties. The resulting digital twin systems will be data-driven, agile, autonomous, collaborative and explainable, safe but reactive.
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| 3. |
- Chai, Limeng, et al.
(författare)
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Pricing strategy for B&M store in a dual-channel supply chain based on hotelling model
- 2021
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 59:18, s. 5578-5591
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Tidskriftsartikel (refereegranskat)abstract
- We use hotelling model to analyse store brands as a strategy for B&M (brick-and-mortar) retailers to combat showrooming. We investigate how national-brand product mismatch and store-brand awareness affect supply chain's performance. We reach four major conclusions. First, store-brand strategy may be an effective means for B&M stores to mitigate showrooming. However, it's better to introduce premium store brands. Second, the B&M store's profit grows - and the online store's profit declines - as national-brand product mismatch increases in breadth. When many consumers feel the national-brand product does not match their needs, a product positioning strategy for the store brand can help B&M retailers improve profit margins. Third, as national-brand product mismatch increases in depth, the B&M store's profit rises and online store's profit falls. If national-brand products lack many features that consumers need, a product differentiation strategy can be implemented to use store brands to fill in the gaps left by national brands. Finally, the growth of store-brand awareness will not necessarily benefit the B&M store. The impact of store-brand awareness on the B&M store's profit depends on the hassle cost factort, and a brand promotion strategy will reduce the loss of B&M retailer's profit.
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| 4. |
- Chen, Shuzhen, et al.
(författare)
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In-house versus outsourcing collection in a closed-loop supply chain with remanufacturing technology development
- 2023
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 61:6, s. 1720-1735
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Tidskriftsartikel (refereegranskat)abstract
- This paper develops a game model of a closed-loop supply chain consisting of one manufacturer, one remanufacturer and one retailer and investigates the long-term collection strategies of the manufacturer who needs to cooperate with the remanufacturer to develop the remanufacturing technology. The game model is developed from a fully dynamic perspective on the remanufacturing technology development and analyzed using the system dynamics method. We identify the trade-off in the choice of collection strategies: the early entry in the remanufacturing industry versus the complete control in the later stage. The simulation results show that when the entry barrier to the remanufacturing industry is low, the manufacturer can develop the remanufacturing technology in a short time and the direct reverse channel outperforms the indirect reverse channel; when the entry barrier is high, the manufacturer can achieve more profits under the indirect reverse channel by acquiring the remanufacturing technology directly from the remanufacturer. Moreover, the indirect reverse channel is more likely to be superior for low-barrier remanufacturing industry when the cost advantage is high as the early entry in the remanufacturing industry becomes more important than the complete control in the later stage.
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| 5. |
- Cheng, Yuxiang, et al.
(författare)
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Financing the newsvendor with preferential credit : bank vs. manufacturer
- 2021
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 59:14, s. 4228-4247
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Tidskriftsartikel (refereegranskat)abstract
- This paper examines how preferential credit based on retailers’ credit line impacts on capital-constraint retailer’s operational decisions. We consider a condition of loan competition when banks and manufacturers offer preferential credit to capital-constraint retailers in the newsvendor model. Different credit lines and discounted rates of preferential credit mainly involve in retailers’ exogenous collateral and risk preference of banks and manufacturers in our model. We investigate impacts of bank financing, trade credit, and portfolio credit (financing from both bank credit and trade credit with different ratios) on retailer’s inventory decision with different cases that the retailer’s financing amounts exceed credit line or not. We derive the equilibrium wholesale price, expected sale price, and order quantity when retailers face with different conditions of collaterals and institutes’ risk preferences facing with market risk. A debt-financed retailer favours items with trade credit compared to bank financing, especially in conditions when its sourcing demand is great and when it finances from high-risk preference institutes. Retailer prefers to using the loan with high trade credit ratio when he opts portfolio credit conditions.
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| 6. |
- Despeisse, Mélanie, 1985, et al.
(författare)
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Achieving Circular and Efficient Production Systems : Emerging Challenges from Industrial Cases
- 2021
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Ingår i: Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. - Cham : Springer. - 1868-4238 .- 1868-422X. - 9783030859091 - 9783030859121 - 9783030859107 ; , s. 523-533
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Konferensbidrag (refereegranskat)abstract
- As the need for more responsible production and consumption grows quickly, so does the interest in the concepts of eco-efficiency and circularity. To make swift progress towards sustainability, solutions must be developed and deployed at scale. It is therefore critical to understand the challenges faced by industry to accelerate the uptake of best practices for circular and efficient production systems. This paper presents the emerging issues from three industrial pilots in an on-going collaborative project. We discuss and suggest further work around crucial questions such as: How to deploy circular solutions from lab to industrial scale? How can digitalization support efficient circular processes?.
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| 7. |
- Hnaien, Faicel, et al.
(författare)
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Single-period inventory model for one-level assembly system with stochastic lead times and demand
- 2016
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 54:1, s. 186-203
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Tidskriftsartikel (refereegranskat)abstract
- Replenishment planning of an assembly system with one type of finished product assembled from diverse external suppliers to satisfy finished product demand. It is supposed that the component lead times and finished product demand are random discrete variables. The assembly company must determine what are the best quantities of components and when is the right time to order. The objective is to minimise the total cost which is composed of holding component costs, tardiness penalties, lost sales and surplus item costs for finished products. A single-period analytical model is proposed. Several properties of the objective function are proven. They are used to develop a Branch and Bound algorithm. Numerical tests for the algorithm are presented. Five heuristics based on Newsvendor model for lead time and demand are proposed and compared with the Branch and Bound algorithm. These tests show that the suggested Branch and Bound algorithm can solve large size problems within a short time. The proposed heuristics but one are not competitive with the Branch and Bound algorithm. The truncated version of Branch and Bound gives better results. The model suggested is better adapted to actual contract assembler environments, more realistic and can better approximate real-life industrial situations. The proposed exact algorithm provides optimal solutions for all discrete distributions of probabilities of lead times and demand. A new general approach to design such discrete optimisation algorithms is presented.
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| 8. |
- Kalaiarasan, Ravi, et al.
(författare)
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Requirements on Supply Chain Visibility : A Case on Inbound Logistics
- 2021
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Ingår i: Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems - IFIP WG 5.7 International Conference, APMS 2021, Proceedings. - Cham : Springer International Publishing. - 1868-422X .- 1868-4238. - 9783030859015 ; 631 IFIP, s. 115-122, s. 115-122
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Konferensbidrag (refereegranskat)abstract
- Events such as Covid-19 have revealed the vulnerabilities that companies face due to low visibility. Consequently, companies experience impact on their supply chains in terms of disruptions of material supply, deliveries, productivity and revenue. Thus, the importance of Supply Chain Visibility (SCV) in global and competitive markets with increasing sustainability demands has received widespread recognition. Yet, the literature provides limited understanding of requirements to consider when developing a SCV system. Addressing the gap, this study presents the findings from a case study during the first months of 2021 at a global manufacturing company developing a SCV system to improve their inbound flow. Using a system engineering perspective, this study presents requirements highlighted during early stage for a SCV system. The results indicate the importance of ensuring SCV system requirements to enable data collection, handling and usage for decision making leading to both supply chain sustainability and resilience. This study contributes to the understanding of SCV by presenting and categorizing requirements considered for real-time case at a manufacturing company when developing a SCV system.
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| 9. |
- Pan, Yuchen, et al.
(författare)
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User activity measurement in rating-based online-to-offline (O2O) service recommendation
- 2019
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Ingår i: Information Sciences. - : Elsevier BV. - 0020-0255 .- 1872-6291. ; 479, s. 180-196
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Tidskriftsartikel (refereegranskat)abstract
- The increasing popularity of O2O service make more and more people begin seeking and booking services online. After that, they experience the services in brick-and-mortar stores. This new business model has marketing potential and offer various opportunities to different industries. Consequently, various O2O services starting to appear, which results in difficult service selections for customers. Therefore, in this paper, we proposed a novel rating-based O2O service recommendation model considering user activity. In this method, the traditional similarity estimations are substituted by user activity which can better reflect the differentiations of customers' behavioral characteristics. Therefore, recommendations are more accurate. The experimental results show that proposed method outperforms rating-based methods, including widely used collaborative filtering methods and state-of-the-art matrix methods. In addition, we find the optimal parameter values of our model, and explore the influence of Top-k on rating-based recommendation.
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| 10. |
- Tang, Zijie, et al.
(författare)
-
Option contracts for online celebrities as retailers in supply chains
- 2020
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 58:14, s. 4215-4232
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Tidskriftsartikel (refereegranskat)abstract
- The online celebrity economy, also called the internet celebrity economy, is growing rapidly in China. Celebrity retailers are usually demand sensitive and capital constrained. The capital constraints along with information asymmetry often render supply chains inefficient when manufacturers are producing at non-optimal levels. Few studies have shed light on the online celebrity supply chain, especially with respect to options. In this study, we examine how option contracts can coordinate supply chains. We find that a capital-constrained retailer can achieve more profitable orders when given an option. The manufacturer - without the full information of market demand - also benefits from offering an option to the retailer. Our numerical case shows that the options contract generates different payoffs depending on the capital of the retailer.
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| 11. |
- Tao, Liangyan, et al.
(författare)
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Optimal due date quoting for a risk-averse decision-maker under CVaR
- 2018
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 56:5, s. 1934-1959
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Tidskriftsartikel (refereegranskat)abstract
- This study investigates a due date quoting problem for a project with stochastic duration, taking the decision-maker's risk attitude into consideration. The project profit is defined as the difference between the price and the cost that is comprised of production cost and earliness-tardiness penalties. In this situation, the due date determination has to be modelled as a stochastic optimisation due to stochastic duration. Conditional value at risk is thus employed as a performance measure to describe the decision-maker's risk attitude. In fixed price contract, when the unit production cost is not smaller than the unit penalty on earliness, the optimal due date increases with the increase of the degree of a decision-maker's risk aversion, the unit penalty on delay, and the decrease of the unit penalty on earliness. Besides, when the price is proportional to the due date and the slope is no bigger than the unit penalty on tardiness, the optimal due date is smaller than the result in fixed price. This is because high price for a short due date encourages a decision-maker to quote a small due date. Further, we compare the optimal due date in different parameter setting where the penalty coefficient of earliness is negative or zero, which means there is reward or no penalty on earliness, respectively. Finally, a case study is conducted to validate the effectiveness and efficiency of the proposed model.
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| 12. |
- Wu, Desheng, et al.
(författare)
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Decision making in enterprise risk management : A review and introduction to special issue
- 2015
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Ingår i: Omega. - : Elsevier BV. - 0305-0483 .- 1873-5274. ; 57, s. 1-4
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Forskningsöversikt (refereegranskat)abstract
- Risk-based decision making has been always important in everyday business life. Enterprise risk management (ERM) is the state-of-the-art approach to manage risks facing an organization from system perspective. This paper provides a review of popular literature in ERM using management science approaches, and an introduction of the special issue.
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| 13. |
- Wu, Desheng, et al.
(författare)
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The supply chain effects on order strategy of cross-shareholdings
- 2021
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 59:22, s. 6848-6863
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Tidskriftsartikel (refereegranskat)abstract
- This study examines the joint impact of the vertical cross-shareholdings and external financing, including trade credit and bank loans, on the order strategy of a capital-constrained retailer. We set the target retailer and his supplier, which are connected with vertical cross-shareholdings, in the extended Cournot and Stackelberg game. The capital-constrained retailer could raise external financing when he has exhausted his own cash. Besides, the retailer may be faced with the random shock result from the other business. We use optimal response function to model how the capital-constrained retailer determines his order quantity under cross-shareholdings in response to different market conditions (such as his own cash level and other competitor's order strategy). We find that, the retailer orders more under cross-shareholdings if the retailer is well-funded with his own cash or external financing, resulting in a win-win situation for the supplier and retailer. However, if the retailer has run out of all his cash and credit, the cross-shareholdings have no effect on the retailer's order strategy. Thus, it helps the capital-constrained retailer to acquire competitive advantage that he could be well-funded with external financing under cross-shareholdings.
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| 14. |
- Zhao, Fuguo, et al.
(författare)
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Lateral inventory transshipment problem in online-to-offline supply chain
- 2016
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 54:7, s. 1951-1963
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Tidskriftsartikel (refereegranskat)abstract
- Online-to-offline (OTO) is a new commercial model with enormous market potential. Online customer orders are forwarded to the offline brick-and-mortar store to fulfil, which is a combination of dual-channel supply chain. OTO overcomes many disadvantages of the traditional dual-channel supply chain, but still faces uncertain market demand. To reduce the inventory risk caused by demand uncertainty, lateral inventory transshipment is employed in this paper to pool inventory risk in OTO supply chain. We model centralised OTO and decentralised OTO with/without transshipment, and then analyse different scenarios. Our results demonstrate that there exists a unique Nash equilibrium of inventory order levels in dual channels and an optimal transshipment price to maximise the profit of the entire supply chain. Finally, we provide a numerical example of uniform demand distribution. Our analyses offer many managerial insights and show that transshipment always benefits the OTO supply chain.
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| 15. |
- Zhaoae, Fuguo, et al.
(författare)
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Cash flow risk in dual-channel supply chain
- 2015
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Ingår i: International Journal of Production Research. - : Informa UK Limited. - 0020-7543 .- 1366-588X. ; 53:12, s. 3678-3691
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Tidskriftsartikel (refereegranskat)abstract
- This paper focuses on multi-period cash flow risk which is measured by the SD in dual-channel supply chain. The manufacturer offers a consignment contract to the retailer, exposing cash flow risk due to the payment delay. We analyze cash inflows, outflows, and netflows of each member in dual-channel supply chain. We also examine different influencing factors on the preference of cash flows in dual-channel supply chain and then provide some managerial implications to deal with cash flow risk.
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