Frank Bodendorf, Manuel Lutz, Stefan Michelberger and Joerg Franke
Cost transparency is of central importance to reach a consensus between supply chain partners. The purpose of this paper is to contribute to the instrument of cost analysis which…
Abstract
Purpose
Cost transparency is of central importance to reach a consensus between supply chain partners. The purpose of this paper is to contribute to the instrument of cost analysis which supports the link between buyers and suppliers.
Design/methodology/approach
Based on a detailed literature review in the area of cost analysis and purchasing, intelligent decision support systems for cost estimation are identified. Subsequently, expert interviews are conducted to determine the application possibilities for managers. The application potential is derived from the synthesis of motivation, identified applications and challenges in the industry. Management recommendations are to be derived by bringing together scientific and practical approaches in the industry.
Findings
On the one hand, the results of this study show that machine learning (ML) is a complex technology that poses many challenges for cost and purchasing managers. On the other hand, ML methods, especially in combination with expert knowledge and other analytical methods, offer immense added value for cost analysis in purchasing.
Originality/value
Digital transformation allows to facilitate the cost calculation process in purchasing decisions. In this context, the application of ML approaches has gained increased attention. While such approaches can lead to high cost reductions on the side of both suppliers and buyers, an intelligent cost analysis is very demanding.
Details
Keywords
Frank Bodendorf, Sebastian Feilner and Joerg Franke
This paper aims to explore the significance of resource sharing in business to capture new market opportunities and securing competitive advantages. Firms enter strategic…
Abstract
Purpose
This paper aims to explore the significance of resource sharing in business to capture new market opportunities and securing competitive advantages. Firms enter strategic alliances (SAs), especially for designing new products and to overcome challenges in today’s fast changing environment. Research projects have dealt with the creation of SAs, however without concrete referencing the impact on selected supply chain resources. Furthermore, academia rather focused on elaborating the advantages and disadvantages of SAs and how this affects structural changes in the organization than examining the effects on supply chain complexity and performance.
Design/methodology/approach
The authors collected and triangulated a multi-industry data set containing primary data coming from more than 200 experts in the field of supply chain management along and secondary data coming from Refinitiv’s joint ventures (JVs) and SA database and IR solutions’ database for annual reports. The data is evaluated in three empirical settings using binomial testing and structural equation modeling.
Findings
The results show that nonequity SAs and JVs have varying degrees of impact on supply chain resources due to differences in the scope of the partnership. This has a negative impact on the complexity of the supply chain, with the creation of a JV leading to greater complexity than the creation of a nonequity SA. Furthermore, the findings prove that complexity negatively impacts overall supply chain performance. In addition, this study elaborates that increased management capabilities are needed to exploit the potentials of SAs and sheds light on hurdles that must be overcome within the supply network when forming a partnership. Finally, the authors give practical implications on how organizations can cope with increasing complexity to lower the risk of poor supply chain performance.
Originality/value
This study investigates occurring challenges when establishing nonequity SAs or JVs and how this affects their supply chain by examining supply networks in terms of complexity and performance.
Details
Keywords
Hannah Riedle, Ahmed Ghazy, Anna Seufert, Vera Seitz, Bernhard Dorweiler and Jörg Franke
The purpose of this study is the generation of a thorough generic heart model optimized for direct 3D printing with silicone elastomers.
Abstract
Purpose
The purpose of this study is the generation of a thorough generic heart model optimized for direct 3D printing with silicone elastomers.
Design/methodology/approach
The base of the model design is segmentation of CT data, followed by a generic adaption and a constructive enhancement. The model is 3D printed with silicone. An evaluation of the physical model gives indications about its benefits and weaknesses.
Findings
The results show the feasibility of a generic design while maintaining anatomical correctness and the benefit of the generic approach to quickly derive a multiplicity of healthy and pathological versions from one single model. The material properties of the silicone model are sufficient for simulation, but the results of the evaluation indicate possible improvements, as for most anatomical features, the used silicone is too hard and too stretchable.
Originality/value
Previous developments mostly focus on patient-specific heart models. In contrast, this study sets out to explore the possibility and benefits of a generic approach. Standardized validated models would allow comparability in surgical simulation.