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A business organization needs a supply chain performance management system (SCPMS) to build an effective and efficient supply chain (SC) that will provide much-needed sustainability. The performance evaluation of supply chain management (SCM) is difficult and needs consideration of several important enablers. In such situations, the development of an SCPMS can facilitate understanding and.
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Evaluation of Supply Chain Management. Supply chain management does not have a long history relative to other business disciplines such as accounting or economics. The term supply chain management was first introduced by Keith Oliver of Booz Allen Hamilton in 1982, but did not gain significant traction until the turn of the 21st century.
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Supply chain management practices (SCMP) involve application of SCM practices in the firms supply chain, and their effects on firm performance, which is varied and heterogeneous across industries, countries and institutional contexts [8]. Recent literature on SCMP has been dominated by green supply chain management practices (GSCMP).
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In any supplier evaluation, whether for a new or current vendor, it's important to gauge the company's production capacity, performance, risk, quality, and environmental impact. However, gauging these factors by itself will get you nowhere without an organized approach to the evaluation and a larger framework to make the assessment.
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Supply chain management refers to the function of creating and fulfilling demands for goods and services. To optimize the flow of products and services from sources of supply to customers, supply chain partners from across the supplier network must integrate, synchronize and orchestrate their processes, including supply chain planning, sourcing.
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Abstract. Our structured literature review reveals the current state-of-the-art supply chain performance evaluation models (SCPEMs) from the last 21 years of research. Seventy related papers from.
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Conclusion. We have shown that the goal of supply chain management is to steer actors of one or several supply chains in order to optimize their performance and thus offer the creation of common value, especially for the customer. An evaluation of supply chain performance can only be carried out prior identification of value creation for the.
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Supplier evaluation is a continual process that involves evaluating and approving potential suppliers. It can also be used to evaluate existing suppliers to monitor their performance, to increase value, mitigate risk and drive improvement. Evaluation can take the form of a questionnaire, interview, or site visit.
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conducted by programme or agency management. A supply chain PES consists of a set of parameters that can fully describe the logistics. and manufacturing performance of bot h the whole supply.
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Abstract. This chapter discusses some of the most common supply chain evaluation methodologies in the industrial context. The chapter first addresses the use of multivariate techniques; then, we discuss the goal and the characteristics of the methods employed in this research, which include linear regression and factor analysis.
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Supply chain requires simultaneous enhancement of the economic, environmental, and social performance of the business toward sustainability. For this aim, a sustainable performance assessment system is needed to be implemented for evaluating different supply chain segments and clarify supply chains' indicators.
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The findings suggest that, to implement Blockchain technology for Supply Chain Management, the most important criterion is Traceability followed by Security and Smart Contact. Decision makers can make use of the developed framework in the supply chain section to evaluate readiness of Blockchain technology and its benefits for Supply Chain.
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The concept of supply chain management (SCM) is growing in popularity as competition shifts from enterprises to supply chains (Duong et al., 2019).. Hald, K. S., & Ellegaard, C. (2011). Supplier evaluation processes: The shaping and reshaping of supplier performance. International Journal of Operations & Production Management, 31, 888-910.
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Increasing the sustainability of a system can be achieved by evaluating the system, identifying the issues and their root cause and solving them. Performance evaluation translates into key performance indicators (KPIs) with a high impact on increasing overall efficacy and efficiency. As the pool of KPIs has increased over time in the context of evaluating the supply chain management (SCM.
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Supply chain SC activities transform natural resources, raw materials, and components into various finished products that are delivered to end customers. A high efficient SC would bring great benefits to an enterprise such as integrated resources, reduced logistics costs, improved logistics efficiency, and high quality of overall level of services. In contrast, an inefficient SC will bring.
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According to these authors, many companies have accomplished to save from 10 up to 35% in costs by working with suppliers from low-cost countries. Considering this scenario, global supply chain management (GSCM) represents a central area of focus for many businesses and business schools today (MENTZER et al., 2007a).
