Agustina Calatayud, John Mangan and Martin Christopher
An emerging theme in the practitioner literature suggests that the supply chain of the future – enabled especially by developments in ICT – will be autonomous and have predictive…
Abstract
Purpose
An emerging theme in the practitioner literature suggests that the supply chain of the future – enabled especially by developments in ICT – will be autonomous and have predictive capabilities, bringing significant efficiency gains in an increasingly complex and uncertain environment. This paper aims to both bridge the gap between the practitioner and academic literature on these topics and contribute to both practice and theory by seeking to understand how such developments will help to address key supply chain challenges and opportunities.
Design/methodology/approach
A multi-disciplinary, systematic literature review was conducted on relevant concepts and capabilities. A total of 126 articles were reviewed covering the time period 1950-2018.
Findings
The results show that both IoT and AI are the technologies most frequently associated with the anticipated autonomous and predictive capabilities of future supply chains. In addition, the review highlights a lacuna in how such technologies and capabilities help address key supply chain challenges and opportunities. A new supply chain model is, thus, proposed, one with autonomous and predictive capabilities: the self-thinking supply chain.
Originality/value
It is our hope that this novel concept, presented here for the first time in the academic literature, will help both practitioners to craft appropriate future-proofed supply chain strategies and provide the research community with a model (built upon multidisciplinary insights) for elucidating the application of new digital technologies in the supply chain of the future. The self-thinking supply chain has the potential in particular to help address some of today’s key supply chain challenges and opportunities.
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Martin Christopher and Matthias Holweg
The purpose of this paper is to provide an update to the Supply Chain Volatility Index (SCVI), and expand on prior work by presenting a conceptual framework illustrating how firms…
Abstract
Purpose
The purpose of this paper is to provide an update to the Supply Chain Volatility Index (SCVI), and expand on prior work by presenting a conceptual framework illustrating how firms can deal with persistent volatility, the ensuing risk and mitigate the cost implications for their supply chain operations.
Design/methodology/approach
The authors use long-term time series of secondary data to assemble a “basket” of key indicators that are relevant to the business context within which global supply chains operate. The authors also report on five years of feedback gained from presentations of the SCVI to scholars and practitioners.
Findings
Volatility has reduced from record levels experienced during the global financial crises, yet remains at levels considerably higher than prior to the crisis, with no sign of a return to the more stable conditions that prevailed when many current supply chain networks were designed.
Research limitations/implications
The authors reaffirm that new mental models are needed which embrace volatility as a factor in supply chain design, rather than seek to eradicate it in supply chain operations. Traditional static “network optimisation” based on a simple definition of low unit cost seems no longer appropriate under conditions of persistent volatility.
Practical implications
The authors provide a conceptual link of volatility, risk and cost in the supply chain, and outline how firms can develop a supply chain strategy by managing their exposure to volatility.
Originality/value
The authors challenge the common assumption that volatility invariably leads to risk and higher cost in the supply chain. Instead the authors argue that the supply chain structure can mitigate the exposure to supply chain risk. The authors introduce the concepts of recovery and resilience cost within a framework designed to help firms manage volatility-induced risk by minimising the adverse cost implications of volatility in their supply chains.
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One of the less observed results of transportation deregulation has been the explosive growth of transportation intermediaries or third‐party specialists such as brokers…
Abstract
One of the less observed results of transportation deregulation has been the explosive growth of transportation intermediaries or third‐party specialists such as brokers, shippers' agents and integrated leasing companies for use by industrial purchasers and marketing management. Such transportation intermediaries have the performance potential and apparent reasons for existence to suggest that they can both reduce delivered product costs and enhance service quality attributes to promote a company's competitive advantage. In a broader sense, intermediaries may be ideally positioned to assist in coordinating and processing information for the entire value‐added chain.
Many companies in the UK have been forced to export to survive. A large number of such companies have failed due to their lack of understanding about the customer service…
Abstract
Many companies in the UK have been forced to export to survive. A large number of such companies have failed due to their lack of understanding about the customer service requirements of overseas customers. Understanding the relative influence of each of the components of customer service, a manufacturer will be better able to develop a service package which will maximise customer satisfaction, thus giving as near as possible optimum use of limited resources. The procedures detailed here will enable marketers to benefit from understanding the needs of individual market segments.
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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The librarian and researcher have to be able to uncover specific articles in their areas of interest. This Bibliography is designed to help. Volume IV, like Volume III, contains…
Abstract
The librarian and researcher have to be able to uncover specific articles in their areas of interest. This Bibliography is designed to help. Volume IV, like Volume III, contains features to help the reader to retrieve relevant literature from MCB University Press' considerable output. Each entry within has been indexed according to author(s) and the Fifth Edition of the SCIMP/SCAMP Thesaurus. The latter thus provides a full subject index to facilitate rapid retrieval. Each article or book is assigned its own unique number and this is used in both the subject and author index. This Volume indexes 29 journals indicating the depth, coverage and expansion of MCB's portfolio.
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Effective teaching, while supplemented by best practice methods and assessments, is rooted in accurate, age-appropriate, and engaging content. As a foundation for history content…
Abstract
Effective teaching, while supplemented by best practice methods and assessments, is rooted in accurate, age-appropriate, and engaging content. As a foundation for history content, elementary educators rely strongly on textbooks and children’s literature, both fiction and non-fiction. While many researchers have examined the historical accuracy of textbook content, few have rigorously scrutinized the historical accuracy of children’s literature. Those projects that carried out such examination were more descriptive than comprehensive due to significantly smaller data pools. I investigate how children’s non-fiction and fiction books depict and historicize a meaningful and frequently taught history topic: Christopher Columbus’s accomplishments and misdeeds. Results from a comprehensive content analysis indicate that children’s books are engaging curricular supplements with age-appropriate readability yet frequently misrepresent history in eight consequential ways. Demonstrating a substantive disconnect between experts’ understandings of Columbus, these discouraging findings are due to the ways in which authors of children’s books recurrently omit relevant and contentious historical content in order to construct interesting, personalized narratives.