Abstract The bottom‐line financial impact of supply chain management has been continuing interest. Building on the operations strategy literature, Fisher's (1997) conceptual framework, a survey 259 U.S. and European manufacturing firms, secondary data, we investigate relationship between fit (i.e., strategic consistencies products’ demand uncertainty underlying design) performance firm. findings indicate that higher fit, Return Assets (ROA) firm, firms with negative misfit show lower than...

Exploring the tension between theory and practice regarding complexity performance in contract design is especially relevant. The goal of this paper to understand why simpler contracts may commonly be preferred despite being theoretically suboptimal. We study a two-tier supply chain with single supplier buyer characterize impact asymmetric information on compare theoretical predictions actual behavior human subject experiments. In experiments, computerized faces newsvendor setting has better...

A manufacturer must choose whether to delegate component procurement her tier 1 supplier or control it directly. Because of information asymmetry about suppliers' production costs and the use simple quantity discount price-only contracts, either delegation can yield substantially higher expected profit for manufacturer. Delegation tends outperform when (1) is uncertain supplier's cost believes that likely be high; (2) know 2 at least will (3) has an alternative engaging suppliers, such as...

Blood centers and hospital transfusion services are challenged with maintaining an adequate platelet (PLT) inventory to minimize the number of outdated units without risking a major shortage. A novel approach management was established at our institution through collaboration between Stanford University Medical Center (SUMC) Transfusion Service, (SBC), Department Management Science Engineering.An analysis supply chain performance SBC SUMC Service performed. First, interaction processes, such...

We study a nongovernmental organization's (NGO's) decisions when it attempts to remove potentially hazardous substance from commercial use in market with competing firms. Specifically, we determine under what and regulatory conditions an NGO should target the industry versus body influence firms replace substance. examine how NGO's strategy changes as pragmatism (i.e., extent which incorporates firms' profits into its decision making) increases. Our results demonstrate that is less...

In his 2004 article, Professor Hau Lee argues that the best supply chains are not only fast and cost‐effective but also agile, adaptable, aligned. The concept of triple‐A has been extensively studied in academic trade publications integrated into numerous operations chain management curricula. It influenced approach leaders around world. Yet since was first developed, have become increasingly global, connected, interdependent. increased complexity global reduced much‐needed visibility,...

To motivate buyers to increase their order quantity, suppliers often rely on a well-established and widely used approach—they offer quantity discounts. This practice is in large part driven obtain improved economies transportation through higher truckload utilization. Recently, rates, which are increasing faster than other costs, have become larger portion of total net landed cost, placing the traditional quantity-discount practices under scrutiny. Many left perplexed as why approach not...

Despite being theoretically suboptimal, simpler contracts (such as price‐only and quantity discount with limited number of price blocks) are commonly preferred in practice. Thus, exploring the tension between theory practice regarding complexity performance contract design is especially relevant. Using human subject experiments, Kalkancı et al. (2011) showed that such perform effectively for a supplier interacting computerized buyer under asymmetric demand information. We use similar set...

Problem definition: The lessons learned over decades of supply chain management provide an opportunity for stakeholders in complex systems, such as healthcare, to understand, evaluate, and improve their complicated often inefficient ecosystems. Academic/practical relevance: complexity managing healthcare chains offers opportunities important impactful research avenues key areas coordination integration (e.g., new care models), mass customization the rise precision medicine), incentives...

We present a literature review and classification of techniques to determine both the design parameters kanban sequences for just-in-time manufacturing systems. summarize model structures, decision variables, performance measures assumptions in tabular format. It is important state that there significant relationship between parameters, such as number kanbans sizes, scheduling decisions multiitem, multi-stage, multi-horizon system. An experimental developed evaluate impact operational...

Nonprofit organizations are a critical part of society as well growing sector the economy. For funders there is an increasing and pressing need to ensure that reaps most social benefit for their money while also developing nonprofit whole. By routinely scrutinizing reports in effort deduce whether organization efficient, may believe they are, fact, giving responsibly. However, we find these unreliable, supporting myriad empirical research revealing report-based funding methods do not...

As public awareness of environmental hazards increases, a growing concern for corporations is the potential negative impact their products and chemicals these contain. In this study, we analyze optimal decisions firm when substance within its product identified as potentially hazardous. Although not currently regulated, regulation may occur in future. Therefore, must devise strategy development implementation replacement substance. an environment where costs can be millions dollars,...

Introduction Coronary artery bypass graft (CABG) surgery is a well-established, commonly performed treatment for coronary disease—a disease that affects over 10% of US adults and major cause morbidity mortality. In 2005, the mean cost CABG procedure among Medicare beneficiaries in USA was $32 201±$23 059. The same operation reportedly costs less than $2000 to produce India. goals proposed study are (1) identify difference incurred perform by three Joint Commission accredited hospitals with...

Trends such as (1) globalization, (2) heavy reliance on transportation and communication infrastructures, (3) lean manufacturing have led to an increase in the vulnerability of supply networks. Due a large number interrelated processes products, disruptions caused by these vulnerabilities propagate rapidly. Firms, however, can partially control robustness resilience their networks through strategic tactical decisions. Therefore, decision-support tool that assists managers evaluate risk...

Evolving concerns about storage lesions for red blood cells (RBCs) have led to ongoing trials evaluating the benefits of transfusing fresher acutely ill patients.We evaluated several RBC maximum shelf lives (MSLs) and their impact on availability outdate rate. First, we determined mean age units in our inventory by analyzing data set 18,987 nonirradiated transfused at institution from April 2008 March 2009. Second, feasibility issuing a designated patients using same set. We defined six...

A critical feature of a perishable product is its age. When "old" units are on the shelf along with "young" units, supplier who designing contract for buyer must consider product's While numerous papers in contracting literature have discussed channel coordination, none studied case which needs to account both old and young units. This article considers supply chain goods two-period life address aforementioned supplier's problem. two-level wholesale price contract, buy-back rebates studied....

To help a firm reduce inefficiencies associated with equipment capacity planning, we propose dual-mode procurement (DMEP) framework. DMEP combines dual-source (i.e., less-expensive-but-slower base mode and faster-but-more-expensive flexible mode) option contracts in three layers: contract negotiation layer, where the chooses best combination of lead time price for each from supply menu; reservation reserves total quantities two modes before planning horizon starts; an execution orders based...

Recently, there has been a growing interest in understanding how decentralized clinical trial (DCT) solutions can mitigate existing challenges development, particularly participant burden and access, the collection, management, quality of data. This paper examines DCT deployments, emphasizing they are integrated may impact oversight, execution. We propose conceptual framework that employs systems thinking to evaluate on key stakeholders through reiterative assessment pain points. conclude...

We study a model with single supplier and buyer who interact multiple times before the sells her product in end‐consumer market. show that when uses wholesale price contract, even under perfect foresight, supplier, buyer, end consumers benefit from trading opportunities versus one‐shot procurement agreement.

In an environment where a buyer procures capacity from capacitated supplier through wholesale price contract, the impact of timing decisions and additional demand information on supplier's pricing buyer's procurement are investigated. As selling season approaches, have better about process. It is questioned as to what degree waiting until uncertainty resolved—given that such option feasible—is best alternative for supply chain partners. The main model two-period dynamic pricing/procurement...

This paper analyzes decentralized assembly systems under asymmetric demand information and sequential contracting. We reveal new insights on the value of contract type (price-only versus complex), (complete asymmetric), sequence (first mover second mover) to different players. Our results for basic model show following: (1) Complex contracts increase suppliers' aggregate profit; however, individual suppliers do not necessarily benefit from a complex contracting equilibrium. identify...