Coordinated supply chain management

Coordinated supply chain management

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Article ID: iaor1999534
Country: Netherlands
Volume: 94
Issue: 1
Start Page Number: 1
End Page Number: 15
Publication Date: Oct 1996
Journal: European Journal of Operational Research
Authors: ,
Keywords: supply chain, logistics
Abstract:

Historically, the three fundamental stages of the supply chain, procurement, production and distribution, have been managed independently, buffered by large inventories. Increasing competitive pressures, and market globalization are forcing firms to develop supply chains that can quickly respond to customer needs. To remain competitive, these firms must reduce operating costs while continuously improving customer service. With recent advances in communications and information technology, as well as a rapidly growing array of logistics options, firms have an opportunity to reduce operating costs by coordinating the planning of these stages. In this paper, we review the literature addressing coordinated planning between two or more stages of the supply chain, placing particular emphasis on models that would lend themselves to a total supply chain model. Finally, we suggest directions for future research.

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