Model‐supported supply chains for cost‐efficient intelligent enterprises
Journal of Manufacturing Technology Management
ISSN: 1741-038X
Article publication date: 1 January 2005
Abstract
Purpose
The twentieth century brought great competition and complexity to business life. Advanced technologies and new production techniques resulted in shortening product life cycles. Firms that wanted to survive began to implement different strategies directly focused on customer satisfaction. Supply chain management, as a management philosophy, highlighted a new area that has the potential to reduce cost further than production costs. This paper promotes the supply chains for cost‐efficient intelligent enterprises.
Design/methodology/approach
Promotes the use of supply chains by means of simulation and allocating the results to solver in Excel for decision modelling in order to integrate the supplier and manufacturer relationship for the cost‐efficient enterprise.
Findings
Finds that a manufacturing firm really needs to develop effective co‐ordination within and beyond its boundaries in order to maximise the potential for converting competitive advantage into profitability. Good co‐ordination with the key suppliers especially will increase product availability.
Originality/value
The synchronisation of activities in supply will create value to both its members (supplier and manufacturer) and in addition it will create value to the end customer by satisfying delivery dates.
Keywords
Citation
Esra Aslanertik, B. (2005), "Model‐supported supply chains for cost‐efficient intelligent enterprises", Journal of Manufacturing Technology Management, Vol. 16 No. 1, pp. 75-86. https://doi.org/10.1108/17410380510574095
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited