A decision-making approach for investigating the potential effects of near sourcing on supply chain

Purpose - Near sourcing is starting to be regarded as a valid alternative to global sourcing in order to leverage supply chain (SC) responsiveness and economic efficiency. The present work proposes a decision-making approach developed in collaboration with a leading Italian retailer that was willing to turn the global store furniture procurement process into near sourcing. Design/methodology/approach - Action research is employed. The limitations of the traditional SC organisation and purchasing process of the company are first identified. On such basis, an inventory management model is applied to run spreadsheet estimates where different purchasing and SC management strategies are adopted to determine the solution providing the lowest cost performance. Finally, a risk analysis of the selected best SC arrangement is conducted and results are discussed. Findings - Switching from East Asian suppliers to continental vendors enables a SC reengineering that increases flexibility and responsiveness to demand uncertainty which, together with decreased transportation costs, assures economic viability, thus proving the benefits of near sourcing. Research limitations/implications - The decision-making framework provides a methodological roadmap to address the comparison between near and global sourcing policies and to calculate the savings of the former against the latter. The approach could include additional organisational aspects and cost categories impacting on near sourcing and could be adapted to investigate different products, services, and business sectors. Originality/value - The work provides SC researchers and practitioners with a structured approach for understanding what drives companies to adopt near sourcing and for quantitatively assessing its advantage

What Turkey expects from logistics outsourcing ?

Copyright @ 2011 Yasar UniversityThe economies of the world have become increasingly interdependent, and organizations have come under tremendous pressure to maximize productivity and profitability. Creating value through outsourcing has emerged as a popular competitive strategy for firms of all sizes in all types of industries. The aim of this research is to investigate the use of third party logistics in Turkish companies from the users’ perspective to identify the types of logistics services outsourced, problems encountered in outsourcing these services, logistics costs, decision makers in outsourcing logistics activities, and information sources used in the decision-making process. A structured survey was selected as the tool for data collection. The field study involved face-to-face interviews with 204 companies out of top 500 companies ranked in terms of turnover that are registered with industrial associations and chambers of commerce in Turkey. Moreover, a decision support system based on Bayesian Causal Map is proposed for 3PLs in order to assist them in their service proposals for different sectors. This study is a first attempt to reveal and compare the outsourcing perception of the companies in different sectors, to expose the firms’ underlying motives as well as the respective importance of these motives for outsourcing logistics activities in Turkey. The use of Bayesian Causal Map based on the survey results provides an important guide to the 3PL providers to pick a suitable strategy and to prioritize their operational activities in different sectors in such a way to achieve a competitive advantage

A TSSA algorithm based approach to enhance the performance of warehouse system

In this plethora of increased competitiveness and globalization the effective management of the warehouse system is a challenging task. Realizing that proper scheduling of the warehouses is necessary to outperform the competitors on cost, lead time, and customer service basis (Koster, 1998); the proposed research focuses on optimization of warehouse scheduling problems. This research aims to minimize the total tardiness so that the overall time involved in managing the inventory inside the warehouse could be effectively reduced. This research also deals with the vehicle routing issues in the warehousing scenario and considers various constraints, and decision variables, directly influencing the undertaken objective so as to make the model more realistic to the real world environment. The authors have also proposed a hybrid tabu sample-sort simulated annealing (TSSA) algorithm to reduce the tardiness as well as to enhance the performance of the warehousing system. The proposed TSSA algorithm inherits the merits of the tabu search and sample-sort annealing algorithm. The comparative analysis of the results of the TSSA algorithm with other algorithms such as simulated annealing (SA), tabu search (TS), and hybrid tabu search algorithms indicates its superiority over others, both in terms of computational time as well as total tardiness reduction

Managing a portal of digital web resources by content syndication

As users become more accustomed to continuous Internet access, they will have less patience with the offering of disparate resources. A new generation of portals is being designed that aids users in navigating resource space and in processing the data they retrieved. Such portals offer added value by means of content syndication: the effort to have multiple, federated? resources co-operate in order to profit optimally from their synergy. A portal that offers these advantages, however, can only be of lasting value if it is sustainable. We sketch a way to set up and run an organisation that can manage a content syndication portal in a sustainable way.\ud \u

A Spatial Decision Support System for Property Valuation

May 6-

INFORMATION SYSTEM FOR MODELING ECONOMIC AND FINANCIAL PERFORMANCES

The analysis of the most important financial and economic indicators at the level of some organizations from the same sector of activity, the selection of performance ratios and generating a particular analysis model help companies to move from the desireperformance, financial ratios, Decision Support Systems (DSS), Business Intelligence (BI), econometric model, information system

Database Vs Data Warehouse

Data warehouse technology includes a set of concepts and methods that offer the users useful information for decision making. The necessity to build a data warehouse arises from the necessity to improve the quality of information in the organization. The date proceeding from different sources, having a variety of forms - both structured and unstructured, are filtered according to business rules and are integrated in a single large data collection. Using informatics solutions, managers have understood that data stored in operational systems - including databases, are an informational gold mine that must be exploited. Data warehouses have been developed to answer the increasing demands for complex analysis, which could not be properly achieved with operational databases. The present paper emphasizes some of the criteria that information application developers can use in order to choose between a database solution or a data warehouse one.data warehouse, database, database management systems, information systems, data organisation in externe memory, business intelligence