Production Operations

Download Advances in Integrated and Sustainable Supply Chain by José Miguel Laínez-Aguirre, Luis Puigjaner PDF

By José Miguel Laínez-Aguirre, Luis Puigjaner

Decision making on the company point usually surround not just creation operations and product R&D, yet different strategic services comparable to monetary making plans and advertising. With the purpose of maximizing progress and a firm’s worth, businesses frequently specialize in co-ordinating those useful elements in addition to conventional hierarchical selection degrees. knowing this interaction can improve firm services of variation and reaction to uncertainties coming up from inner methods in addition to the exterior environment.

This e-book provides innovations, equipment, instruments and suggestions according to mathematical programming, which gives the quantitative help wanted for built-in decision-making and finally for making improvements to the allocation of total company assets (e.g., fabrics, money and personnel).

Through a platforms point of view, the built-in making plans of the availability chain additionally promotes actions of reuse, aid and recycling for reaching extra sustainable environmental affects of production/distribution networks. hence, this booklet provides, for the 1st time, a distinct built-in imaginative and prescient of the firm provide Chain making plans and offers a entire account of the state-of-the-art types, tools and instruments on hand to deal with the above pointed out good points of the trendy offer chain.

It bargains a complete assessment of the linked literature of offer chain administration after which systematically builds in this wisdom base to improve the mathematical types representing all the middle practical devices and selection degrees of the company and exhibits how they are often built-in right into a holistic selection challenge formulation.

Abundant illustrations and tables support maximize reader insights into the issues mentioned with numerous case stories and software additionally examined.

This publication is meant as a textbook for teachers (PhD, MSc), researchers and decision-makers, who're excited by the layout, retrofit and evaluate of different eventualities for the development of the provision chain.

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Extra info for Advances in Integrated and Sustainable Supply Chain Planning: Concepts, Methods, Tools and Solution Approaches toward a Platform for Industrial Practice

Sample text

Moreover, in the planning formulation, most models ignore the net working capital (NWC), which represents variable assets associated with SC operations. Generally speaking, NWC consists of material inventories, accounts receivable (physical distribution), accounts payable (procurement), and cash. It has to be emphasized that NWC is not a static figure, as usually considered. Actually, it may change throughout the planning horizon in accordance with tactical SC decisions. An MILP that adopts the corporate value (CV) as performance indicator has been developed (Laínez et al.

1007/978-3-319-10220-7_2 31 32 2 Financial Issues in the Design of Supply Chains in an isolated way. They optimize partial sets of decision variables, but they do not lead to actual integration of relationships despite promoting the sharing of information between different business entities Romero et al. (2003). This partitioning of decision-making in companies has been reflected in the goals of the studies and the optimization models developed to support them. The supply chain models currently applied usually assist practitioners in determining the location of the facilities embedded in the network, as well as the tasks that should be accomplished at each moment in order to optimize a given criteria.

Optimization models seem to offer an appealing framework for supporting corporate financial decisions, as well as for integrating them with process operation decisions (Shapiro 2006). Currently, with the recent advances in optimization theory and software applications there is no apparent reason why models for SCM that merge concepts from diverse areas of the firm cannot be constructed. This chapter proposes a general framework for the design of SCs based on the development of holistic models, which cover two areas of the company, the process Ahmed and Sahinidis (1998) Applequist et al.

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