Supply chain excellence has a real huge impact on business strategy. Building supply chains (SCs) as flexible system represents one of the most exciting opportunities to create value. This requires integrated decision making amongst autonomous chain partners with effective decision knowledge sharing among them. The key to success lies in knowing which decision has more impact on the supply chai...

As companies outsource more manufacturing and design responsibilities to external vendors and therefore become less vertically integrated, the role of supply chain management becomes increasingly complex. Its role is particularly difficult when product generation follows a serial process flow, with the supply chain function residing at the end and where it inherits poorly defined supplier relat...

Supply chain management refers to efficient operation paradigms related to procurement of raw material, transforming them into semi-finished and finished products and distributing them to the end customer, thereby transcending multiple business units. Poor supply chain management (more often than not) predominantly results in excessive amounts of inventory, the largest asset for many firms. Inv...

Supply Chain Management (SCM) refers to the problems where the decisions of supply, production and demand are integrated in a single framework. A typical supply chain faces uncertainty in terms of supply, production and demand. Therefore, SCM is largely about managing uncertainty and risks. This paper introduces a simulationand optimisation-based decision support system that helps the scheduler...

In this paper, a strategic supply management reference model for supplier integration in the supply chain is presented. The model developed is based on the comparative case study of two relevant industries automotive and aircraft and may be suitable for other industries. The survey and the subsequent analysis of these industries have confirmed the strategic importance of supplies and the need f...