MG2135 Operations Management Coursework Paper 2013-14
Operations Management
Element 1: Annotated Bibliography of Supply Chain Planning and Control
Schütz, P., & Tomasgard, A. (2011). The impact of flexibility on operational supply chain planning. International Journal of Production Economics, 134(2), 300-311.
The article offers insights about the effects of flexibility in the areas of volume, delivery, and operational decisions in the planning of operational supply chain planning keeping in view the uncertainties in the demands. For the purpose of discussing the impact of flexibility the article makes use of Norwegian meat industry. The authors present a comprehensive account especially in relevance to the industry which can be helpful in understanding how this common term used in connection with companies having to cope with uncertainty can be of relevance to the planning of supply chain.
Wallace, S. W., & Choi, T. M. (2011). Flexibility, information structure, options, and market power in robust supply chains. International Journal of Production Economics, 134(2), 284-288.
Wallace and Choi's account is also focused on the concept of flexibility to a certain extent but it also put terms such as robustness, information structure, options and market power along with flexibility for management of supply chain in uncertain situations. The article aims to remove the contradictions and inconsistencies that prevail in the way these terms are understood so that meaningful discussions are not prevented. Schütz & Tomasgard's account focuses primarily on flexibility but this account also provides a comparison of flexibility and robustness and hence helps in decision making in relation to planning. The later account also focuses on one industry and the stages that a supply chain in that industry goes through while this article provides a general account.
Li, L., & Zabinsky, Z. B. (2011). Incorporating uncertainty into a supplier selection problem. International Journal of Production Economics, 134(2), 344-356. Retrieved from http://courses.washington.edu/inde59x/SeminarWinter2011/scienceInPress.pdf
Li & Zabinsky's account provides models for determining a minimal range of suppliers and more quantities of order. The article makes use of a lot of technical jargon such as Stochastic programming, chance-constraint programming, multi-parametric programming, which makes it difficult to understand it for anyone who does not have a thorough understanding of various concepts. Despite that, the article provides important strategies to help in the direction of selecting a supplier and how uncertainty can be incorporated within this decision of the selection of suppliers. The analysis is also helpful in providing insights with regard to the robustness of solutions in relation to the range of suppliers, costs and the chances of demand being not met. Statistical information is provided for the convenience of the targeted audience.
Jonsson, P., & Mattsson, S. A. (2013). The value of sharing planning information in supply chains. International Journal of Physical Distribution & Logistics Management, 43(4), 282-299.
Jonsson & Mattsson (2013) show in this simulation study the variations, with respect to the demand's nature, in the value of information sharing in operative inventory control. The study shows the implications of sharing only specific information between supply chain partners and also highlights the importance of understanding the value of sharing the different types of ...