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Full-Text Articles in Business
Contracting Mechanisms For Stable Sourcing Networks, Jennifer K. Ryan, Lusheng Shao, Daewon Sun
Contracting Mechanisms For Stable Sourcing Networks, Jennifer K. Ryan, Lusheng Shao, Daewon Sun
Department of Supply Chain Management and Analytics: Faculty and Staff Publications
Problem definition: We study profit allocation for a sourcing network, in which a buyer sources froma set of differentiated suppliers with limited capacity under uncertain demand for the final product. Whereas the buyer takes the lead in forming the sourcing network and designing the contract mechanism, due to their substantial bargaining power, the suppliers take the lead in determining the terms of the contract. Academic/practical relevance: We identify contracting mechanisms that will ensure the stability of the sourcing network in the long term, where a stable sourcing network requires an effective profitallocation scheme that motivates all members to …
Innovation Ambidexterity And The Three-Legged Stool: The Value Of Business Processes, Janet Tinoco
Innovation Ambidexterity And The Three-Legged Stool: The Value Of Business Processes, Janet Tinoco
Publications
Successful accomplishment of ambidexterity in innovation was, and remains today, a perplexing and challenging task for many firms, especially those in the competitive high-technology climate. Ambidexterity in this context is the ability to create radical product innovations for the future while also developing incremental product innovations for short-term return. Each type of innovation requires different—often opposing—structures, cultures, and processes. Thus, to become ambidextrous, companies must create a balanced mix of all three, each a leg in a three-legged stool.
An Integrated Strategy For A Production Planning And Warehouse Layout Problem: Modeling And Solution Approaches, Guoqing Zhang, Tatsushi Nishi, Sarina D. O. Turner, Keisuke Oga, Xindan Li
An Integrated Strategy For A Production Planning And Warehouse Layout Problem: Modeling And Solution Approaches, Guoqing Zhang, Tatsushi Nishi, Sarina D. O. Turner, Keisuke Oga, Xindan Li
Mechanical, Automotive & Materials Engineering Publications
We study a real-world production warehousing case, where the company always faces the challenge to find available space for their products and to manage the items in the warehouse. To resolve the problem, an integrated strategy that combines warehouse layout with the capacitated lot-sizing problem is presented, which have been traditionally treated separately in the existing literature. We develop a mixed integer linear programming model to formulate the integrated optimization problem with the objective of minimizing the total cost of production and warehouse operations. The problem with real data is a large-scale instance that is beyond the capability of optimization …
Evaluating Key Factors In Supplier Selection For Micro-Businesses: Implications For Buyer Satisfaction, Avinash M. Waikar, Minh Q. Huynh, Robert F. Cope, Uday S. Tate
Evaluating Key Factors In Supplier Selection For Micro-Businesses: Implications For Buyer Satisfaction, Avinash M. Waikar, Minh Q. Huynh, Robert F. Cope, Uday S. Tate
Management Faculty Research
Final quality of products/services starts with suppliers in the supply chain. Problems can occur if suppliers do not deliver the quantities requested in full, on time, or buyers select suppliers solely on the basis of lowest price. Supplier selection has been studied for large businesses but not for very small (micro) businesses. Therefore, a survey was administered to micro-businesses to determine: what factors are important to micro-businesses in selecting suppliers and how satisfied they are with their suppliers. Factors included Brand Name, Consistency, Cost/Lower Price, Loyalty, Quality, and Warranty. Results indicated that none of the factors were unimportant. However, buyer …
Insights Into The Strategic Sourcing Decision: Understanding Buyer- Supplier Relationships, Walter L. Wallace, Craig A. Hill
Insights Into The Strategic Sourcing Decision: Understanding Buyer- Supplier Relationships, Walter L. Wallace, Craig A. Hill
Managerial Sciences Faculty Publications
The wide range of products and services that are being sourced today has made the company’s procurement organization an increasingly important function. The complexities of managing sourcing options is greater than ever making the procurement function critical for overcoming an increasingly global, complex and uncertain sourcing environment. This paper discusses an overview of relevant sourcing models and their importance for establishing a strategic sourcing decision, how buyer-supplier relationships play a key role in the strategic sourcing decision and key attributes of the various models for strategic sourcing. We illustrate the diversity of the sourcing choices with four strategic procurement scenarios …