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| eoq in supply chain management: Handbook of EOQ Inventory Problems Tsan-Ming Choi, 2013-08-17 The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume. The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis. |
| eoq in supply chain management: Operations Management Jay Heizer, Barry Render, 2014 This package includes a physical copy of 'Operations Management' as well as access to the eText and MyOMLab. The edition has been edited to include enhancements making it more relevant to students outside the United States. The book presents a broad introduction to the field of operations in a realistic and practical manner, while offering the largest and most diverse collection of problems on the market. |
| eoq in supply chain management: Essentials of Supply Chain Management Michael H. Hugos, 2003-02-25 Streamlining supply chain efficiency to maximize profitability This practical guide describes how the supply chain operates and discusses the issues and techniques that are relevant for companies seeking to improve the management of their supply chains. Organized using the features of the Essentials series, this easy-to-use guide contains tips and techniques for maximizing supply chain innovation strategies, as well as real-world examples developed from working with companies such as Johnson Wax, Starbucks, Borg-Warner, and Premier Health Care. Supply chain expert Michael Hugos analyzes the components of a well designed and managed supply chain, explains the metrics involved in measuring performance, and presents a pragmatic approach to designing and building supply chain systems. Michael Hugos (Chicago, IL) is the Chief Information Officer of Network Services Company, a $6.8 Billion distribution organization serving customers throughout North America. He has extensive experience in distribution, logistics, and applying technology to meet the challenges of supply chain management. He holds an MBA from Northwestern University s Kellogg School of Management. |
| eoq in supply chain management: Supply Chain Management Ling Li, 2007 Integrates the theory and practices of supply chain management. This book focuses on how to build a competitive supply chain using viable management strategies, operational models, decision-making techniques, and information technology. It also includes initiatives such as e-commerce, collaborative planning, forecasting, and replenishment (CPFR). |
| eoq in supply chain management: Operations Management For Dummies Mary Ann Anderson, Edward J. Anderson, Geoffrey Parker, 2013-07-09 Score your highest in Operations Management Operations management is an important skill for current and aspiring business leaders to develop and master. It deals with the design and management of products, processes, services, and supply chains. Operations management is a growing field and a required course for most undergraduate business majors and MBA candidates. Now, Operations Management For Dummies serves as an extremely resourceful aid for this difficult subject. Tracks to a typical course in operations management or operations strategy, and covers topics such as evaluating and measuring existing systems' performance and efficiency, materials management and product development, using tools like Six Sigma and Lean production, designing new, improved processes, and defining, planning, and controlling costs of projects. Clearly organizes and explains complex topics Serves as an supplement to your Operations Management textbooks Helps you score your highest in your Operations Management course Whether your aim is to earn an undergraduate degree in business or an MBA, Operations Management For Dummies is indispensable supplemental reading for your operations management course. |
| eoq in supply chain management: Imperfect Inventory Systems Ata Allah Taleizadeh, 2021-02-19 This book examines inventory and production strategies that can reduce unexpected breakdown costs. It highlights different EPQ models to deal with such problems, providing optimal value derivations for decision variables. It provides proofs for concavity or convexity of objective functions. The chapters also include numerical examples for all the developed mathematical models. Imperfect Inventory Systems: Inventory and Production Management and Breakdown should be useful for professionals working on supply chains, but also researchers in operations research and inventory management. |
| eoq in supply chain management: Supply Chain Management and Reverse Logistics Harald Dyckhoff, Richard Lackes, Joachim Reese, 2013-06-05 The world of logistics has considerably changed due to globalization, modern information technology, and especially increasing ecological awareness. Large Supply Chain Management (SCM) systems are developing to global logistic networks. This book reflects major trends of the recent decade in SCM and, additionally, presents ideas and visions for logistic networks of the 21st century. Among the various aspects of SCM, emphasis is placed on reverse logistics: closing the loop of a supply chain by integrating waste materials into logistic management decisions. |
| eoq in supply chain management: An Introduction to Supply Chain Management Edmund Prater, 2013-02-01 If you’re a manager of a supply chain operation, or a student learning about supply chain management, this book will provide not only an overview of supply chain management but also a framework for subsequent, more detailed study in various aspects of supply management. This book reviews the evolution of supply chain management concepts and discusses trends in global markets and strategic competitiveness. It then focuses on the major issues involved in managing a competitive supply chain including: forecasting, inventory management, distribution, dealing with uncertainty, reverse logistics, and customer service. Coverage of the dynamic, evolving issues pertaining to supply chains that affect the global business community concludes the book. With this book in hand, you’ll be better equipped to conceptualize the management of supply chains as a collection of business processes; identify primary and secondary value chain processes; distinguish between the umbrella term, “supply chain management,” and its component functions; and understand the basic tools of forecasting and the need for accurate data and forecasts on which to base supply chain management decisions. |
| eoq in supply chain management: Optimization and Inventory Management Nita H. Shah, Mandeep Mittal, 2019-08-31 This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions. |
| eoq in supply chain management: Supply Chain Management Ray R. Venkataraman, Ozgun C. Demirag, 2022-01-12 Supply Chain Management: Securing a Superior Global Edge takes a holistic, integrated approach to managing supply chains by addressing the critically important areas of globalization, sustainability, and ethics in every chapter. Authors Ray Venkataraman and Ozgun C. Demirag use a wide variety of real-world cases and examples from the manufacturing and service sectors to illustrate innovative supply chain strategies and technologies. With a focus on decision-making and problem-solving, Supply Chain Management provides students with the tools they need to succeed in today’s fiercely competitive, interconnected global economy. |
| eoq in supply chain management: Building Intuition Dilip Chhajed, Timothy J. Lowe, 2008-07-11 This is the first book in the field that uses the power of the basic models and principles to provide students and managers with an intuitive understanding of operations management. The book touches on nine fundamental models and principles, and outlines the key insights behind each one. Some of the very biggest names in the Management Science field have developed and carefully written these chapters on the field’s basic models. |
| eoq in supply chain management: Global Supply Chain and Operations Management Dmitry Ivanov, Alexander Tsipoulanidis, Jörn Schönberger, 2021-11-19 The third edition of this textbook comprehensively discusses global supply chain and operations management (SCOM), combining value creation networks and interacting processes. It focuses on operational roles within networks and presents the quantitative and organizational methods needed to plan and control the material, information, and financial flows in supply chains. Each chapter begins with an introductory case study, while numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It examines how to balance supply and demand, a core aspect of tactical planning, before turning to the allocation of resources to meet customer needs. In addition, the book presents state-of-the-art research reflecting the lessons learned from the COVID-19 pandemic, and emerging, fast-paced developments in the digitalization of supply chain and operations management. Providing readers with a working knowledge of global supply chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, specialized, and advanced classes alike. It is intended for a broad range of students and professionals in supply chain and operations management. |
| eoq in supply chain management: Computational Management Srikanta Patnaik, Kayhan Tajeddini, Vipul Jain, 2021-05-29 This book offers a timely review of cutting-edge applications of computational intelligence to business management and financial analysis. It covers a wide range of intelligent and optimization techniques, reporting in detail on their application to real-world problems relating to portfolio management and demand forecasting, decision making, knowledge acquisition, and supply chain scheduling and management. |
| eoq in supply chain management: Application of Optimization in Production, Logistics, Inventory, Supply Chain Management and Block Chain Biswajit Sarkar, Mitali Sarkar, 2020-04-23 The evolution of industrial development since the 18th century is now experiencing the fourth industrial revolution. The effect of the development has propagated into almost every sector of the industry. From inventory to the circular economy, the effectiveness of technology has been fruitful for industry. The recent trends in research, with new ideas and methodologies, are included in this book. Several new ideas and business strategies are developed in the area of the supply chain management, logistics, optimization, and forecasting for the improvement of the economy of the society and the environment. The proposed technologies and ideas are either novel or help modify several other new ideas. Different real life problems with different dimensions are discussed in the book so that readers may connect with the recent issues in society and industry. The collection of the articles provides a glimpse into the new research trends in technology, business, and the environment. |
| eoq in supply chain management: Inventory Management in Multi-Echelon Networks Christopher Grob, 2018-08-14 Inventory Management in Multi-Echelon Networks presents methods to plan inventory in distribution networks. By holistically looking at the supply chain, it shows how safety stocks across all echelons can be optimized if inventory of all levels is taken into consideration. The gap between the existence of advanced inventory planning methods and their low penetration in the industry was the motivation for this book. Christopher Grob develops essential algorithms that companies can use for network inventory planning and highlights achievable implementation benefits. The work of the author was inspired by the needs of an after sales supply chain of a large automotive company. This company supplies customers all over the world with spare parts and operates a distribution network with more than 100 warehouses. This supply chain faces two particular challenges: demand is highly uncertain and customers expect a high service level. About the Author Christopher Grob works in after sales supply chain management at a major German automotive company. He is responsible for the functional development of inventory planning systems for the spare parts business. He is an expert in the field of inventory management. |
| eoq in supply chain management: An Introduction to Global Supply Chain Management Edmund Prater, Kim Whitehead, 2023-05-18 The problems during COVID made everyone aware that today’s global business environment relies on supply chains 24/7. Although most managers and executives are not chain experts, they must know and understand the key aspects of supply chain management to make the best daily decisions for their business. Many textbooks cover numerous details and theories about supply chains. However, it has been said that everything that is taught in business school is theory...until you must make payroll. Both authors have made payroll in various businesses. Thus, this text removes the details and is focused on an executive overview of the key aspects of Global Supply Chains that every businessperson needs to know to continually succeed in their business and make payroll. |
| eoq in supply chain management: Supply Chain Management Bharti, Shikha Singh, Anand Pandey, Amit Sachan, 2024-10-17 The reference text discusses fundamental principles, planning, sourcing, demand forecasting, and supply forecasting in the field of supply chain management. It further highlights the important aspects of supply chain management such as resource planning, inventory management, quality tools, and documentation in logistics. It demonstrates the issues, barriers, emerging trends, and technological advances in supply chain management. This book: Discusses the principles of resource planning and inventory management in supply chain management. Covers aspects of competing strategies and networking management. Presents case studies highlighting ongoing practices and real-time issues in supply chain management. Highlights the importance of demand and supply forecasting in the field of supply chain management. Explains quality tools, emerging trends, challenges, and barriers in supply chain management. It is written primarily for senior undergraduate and graduate students, and academic researchers in the fields of industrial engineering, production engineering, mechanical engineering, management, supply chain management, and manufacturing engineering. |
| eoq in supply chain management: Supply Chain Management and Transport Logistics John Liu, 2011-09-08 The enterprise-focused framework of supply chain, which an overwhelming majority of books on supply chain management (SCM) have adopted, falls short in explaining recent developments in the real world, especially the so-called Wal-Mart model, in which a 'factory' is a virtual logistics network of multiple international manufacturing firms. The book fills the gap and examines supply chain and transport logistics. The book also includes the development of a unified methodological framework which underpins all the characteristics of the interrelationship between supply chain management and logistics. It covers many aspects of the important and innovative developments well. The book offers a unique coverage of integrated logistics of navigation, aviation and transportation. The book not only answers the urgent need for a book on supply chain management and transport logistics but also highlights the central role of supply chain logistics in the emerging fields of sustainable (green), humanitarian and maritime supply chains and the importantance of studying supply chain management together with transport logistics. It also explains the difference between supply chain logistics and manufacturing logistics. It is a useful reference for those in the industry as well as for those taking related courses. |
| eoq in supply chain management: Definitive Guides for Supply Chain Management Professionals (Collection) CSCMP, Robert Frankel, Scott B. Keller, Brian C. Keller, Brian J. Gibson, Joe B. Hanna, C. Clifford Defee, Haozhe Chen, Wendy Tate, Nada R. Sanders, Thomas J. Goldsby, Deepak Iyengar, Shashank Rao, Stanley E. Fawcett, Amydee M. Fawcett, Mark A. Moon, 2014-02-11 A brand new collection of best practices for planning, organizing, and managing high-value supply chains… 8 authoritative books, now in a convenient e-format, at a great price! 8 authoritative books help you systematically plan, manage, and optimize any supply chain, in any environment or industry Master all the knowledge and best practices you need to design, implement, and manage world-class supply chains! This unique 8 eBook package will be an indispensable resource for supply chain professionals and students in any organization or environment. It contains 7 complete books commissioned by Council of Supply Chain Management Professionals (CSCMP), the preeminent worldwide professional association dedicated to advancing and disseminating SCM research and knowledge. CSCMP's The Definitive Guide to Supply Chain Best Practices brings together state-of-the-art case studies to help you identify challenges, evaluate solutions, plan implementation, and prepare for the future. These realistic, fact-based cases reflect the full complexity of modern supply chain management. You're challenged to evaluate each scenario, identify the best available responses, and successfully integrate functional activities ranging from forecasting through post-sales service. CSCMP's Definitive Guide to Integrated Supply Chain Management is your definitive reference to managing supply chains that improve customer service, reduce costs, and enhance business performance. Clearly and concisely, it introduces modern best practices for organizations of all sizes, types, and industries. Next, this eBook package contains five books fully addressing core areas of CSCMP Level One SCPro™ certification: manufacturing/service operations; warehousing; supply management/procurement; transportation; and order fulfillment/customer service. All five offer focused coverage of essential technical and behavioral skills, addressing principles, elements, strategies, tactics, processes, business interactions/linkages, technologies, planning, management, measurement, global operations, and more. The Definitive Guide to Manufacturing and Service Operations introduces complete best practices for planning, organizing, and managing the production of products and services. Itintroduces key terminology, roles, and goals; techniques for planning and scheduling facilities, material, and labor; continuous process and quality improvement methods; sustainability; MRP II, DRP, and other technologies; and more. Next, The Definitive Guide to Warehousing helps you optimize all facets of warehousing, step by step. It explains each warehousing option, storage and handling operations, strategic planning, and the effects of warehousing decisions on total logistics costs and customer service. It covers product and materials handling, labor management, warehouse support, extended value chain processes, facility ownership, planning, strategy decisions, warehouse management systems, Auto-ID, AGVs, and more. The Definitive Guide to Supply Management and Procurement helps you drive sustainable competitive advantage via better supplier management and procurement. It covers transactional and long-term activities; category analysis, supplier selection, contract negotiation, relationship management, performance evaluation/management; sustainability; spend analysis, competitive bidding, eProcurement, eSourcing, auctions/reverse auctions, contract compliance, global sourcing, and more. The Definitive Guide to Transportation is today's most authoritative guide to world-class supply chain transportation. Its coverage includes: transportation modes, execution, and control; outsourcing, modal and carrier selection, and 3PLs; TMS technologies; ocean shipping, international air, customs, and regulation; and more. CSCMP's The Definitive Guide to Order Fulfillment and Customer Service covers all facets of building and operating world-class supply chain order fulfillment and customer service processes, from initial customer inquiry through post sales service and support. It introduces crucial concepts ranging from order cycles to available-to-promise, supply chain RFID to global order capture networks, guiding you in optimizing every customer contact you make. Finally, in Demand and Supply Integration: The Key to World-Class Demand Forecasting, Mark A. Moon helps you effectively integrate demand forecasting within a comprehensive, world-class Demand and Supply Integration (DSI) process. Moon shows how to approach demand forecasting as a management process; choose and apply the best qualitative and quantitative techniques; and create demand forecasts that are far more accurate and useful. If you're tasked with driving more value from your supply chain, this collection offers you extraordinary resources -- and unsurpassed opportunities. From world-renowned supply chain experts Robert Frankel, Brian J. Gibson, Joe B. Hanna, C. Clifford Defee, Haozhe Chen, Nada Sanders, Scott B. Keller, Brian C. Keller, Wendy L. Tate, Thomas J. Goldsby, Deepak Iyengar, Shashank Rao, Stanley E. Fawcett, Amydee M. Fawcett, and Mark A. Moon |
| eoq in supply chain management: Logistics and Supply Chain Integration Ian Sadler, 2007-06-12 For students who want to advance their understanding of company logistics and supply chains, the author examines how a number of firms in a supply chain work together to create a flow of products and services that satisfies end customers, whilst enabling all the manufacturing and service companies involved to grow profitably. Including the most recent concepts and theoretical advances to emerge from the field of logistics and supply chain management, this text informs and assists its readers with the aid of case studies and accompanying questions, diagrams, photos and an accompanying website. |
| eoq in supply chain management: Excellence in Supply Chain Management Balram Avittathur, Debabrata Ghosh, 2020-05-12 Recent decades have witnessed an explosion in supply chain complexity. Very few firms have succeeded in building excellent supply chains and employing supply chain management (SCM) as a competitive advantage. For the ones which have developed enhanced supply chain design and process capabilities, their performance has far exceeded their competitors'. While for the vast majority of firms, SCM still remains a means of reducing costs and improving efficiency, for the excellent ones, SCM has turned into a source for value creation. What factors drive firms towards supply chain excellence? How can real differentiation be created through supply chains? Excellence in Supply Chain Management examines the characteristics and features of firms that excel in SCM. |
| eoq in supply chain management: Supply Chain Management and its Applications in Computer Science Saoussen Krichen, Sihem Ben Jouida, 2016-01-19 Supply chain management is a key topic for a large variety of strategic decision problems. It is essential in making efficient decisions related to the management of inventory and the delivery of final products to customers. The focus of this book is the understanding of the supply chain taxonomy, the different levels of decision and the impact of one level on another depending on the modeling of the addressed objectives. The authors explore the potential problems that can be addressed within the supply chain, such as the inventory, the transportation and issues of holding, and find applications in numerous fields of study, from cloud computing and networking through to industrial sciences. The reader can find each issue described and its positioning in the supply chain determined. A computer science framework is also developed to show how the use of electronic platforms can aid in the handling of these potential problems. |
| eoq in supply chain management: LOGISTICS AND SUPPLY CHAIN MANAGEMENT, Third Edition AILAWADI, SATISH C., SINGH, P. RAKESH, 2021-01-01 To retain their market share in today's competitive business, companies are coming up with high value, low price products. To cut their costs, they are striving hard to identify the cash-consuming areas in their operations. Logistics and Supply Chain is one of them, as its scope ranges from the procurement and management of the raw materials through to the delivery of the final product. This book, now in its Third Edition, continues to provide theoretical and practical expertise in this area and has been upgraded to logistics and supply chain management. The book begins with an introduction to the elements of logistics management and then moves on to explain operating objectives of integrated logistics, barriers to internal integration and principles of logistics information. It also deals with forecasting, inventory management policies, warehousing and highlights various aspects of logistics management and logistical organization. The book contains case studies in the Indian context to give a practical flavour to the subject. In this edition, a new chapter, namely, Supply Chain Vulnerability and Ethical Issues along with topics like Logistical framework with respect to Product Life Cycle, Bullwhip Effect, Collaborative Planning, Forecasting and Replenishment, SCOR model for measuring Supply Chain performance have been included to widen the scope of the subject. TARGET AUDIENCE • MBA (Production and Operations Management) • PGDM (Logistics and Supply Chain Management) |
| eoq in supply chain management: Supply Chain Management Nada R. Sanders, 2020-11-24 Like no other text on the subject, Supply Chain Management: A Global Perspective provides a balanced and integrated perspective of both the foundational principles and pragmatic, business-oriented functions of SCM. Highlighting the holistic and interconnected nature of SCM, this comprehensive volume addresses supply chain strategy, design, planning, controlling, management and more. The text features numerous real-world business examples that illustrate SCM best practices while helping students understand the complexities of SCM decision making. Now in its third edition, this well-respected text provides a global focus, cross-functional approach, and strong pedagogy. Clear, student-friendly chapters contain discussion questions, case studies, and examples designed to develop managerial thinking, explore key managerial issues, and bring difficult concepts to life. Detailed yet accessible coverage of topics including operations management, sourcing, logistics, forecasting, demand planning, and sustainable supply chain management offers a realistic practitioner’s view of SCM in the contemporary business landscape. |
| eoq in supply chain management: Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques Shah, Nita H., Mittal, Mandeep, 2017-12-22 Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy. |
| eoq in supply chain management: Supply Chain Management Based on SAP Systems Gerhard F. Knolmayer, Peter Mertens, Alexander Zeier, Jörg Thomas Dickersbach, 2009-02-11 Since SAP is emphasizing recent developments in operations management in its SCM initiative, this book describes the methodological background from the viewpoint of a company using SAP systems. It describes order processing both in an intra- and interorganizational perspective, as well as future developments and system enhancements. |
| eoq in supply chain management: Guide to Supply Chain Management Colin Scott, Henriette Lundgren, Paul Thompson, 2018-06-01 This essential guide brings supply chain theory to life. Intended for readers with a business interest in supply chain management, the book covers the key topics in eleven chapters, including planning, sourcing, making, delivering and returning, as well as strategy, people, finance, customer service and outsourcing. Each chapter starts with a brief summary and learning objectives that guide the reader through the text. This second edition also explores digital, sustainability and innovation impacts on today’s global supply chains. The book is written in a clear and simple way, featuring a variety of figures, tables and recommendations for further reading. The respective chapters conclude with real-life case studies from different companies, illustrating best practices. In the course of their work, the authors have met professionals all over the world who are passionate about their business achievements. By including their vivid examples, the guide brings theory to life, enabling readers to understand and embrace the concepts and ideas presented. Colin Scott, Henriette Lundgren and Paul Thompson are experts in supply chain management and have worked with practitioners in businesses across the globe. Endorsement: This guide is a really useful reminder of what good practice is and how it should be applied within supply chain management. The book is relevant for students of supply chain management and professional practitioners alike. This book offers an invaluable guide to understanding the specific dynamics of your supply chain and the fundamentals underpinning it. It provides the framework for delivering a supply chain strategy based upon recognised best practice. Martin McCourt, CEO, Dyson Limited . |
| eoq in supply chain management: Logistics Operations, Supply Chain Management and Sustainability Paulina Golinska, 2014-06-10 The aim of this book is to present qualitative and qualitative aspects of logistics operations and supply chain management which help to implement the sustainable policy principles in the companies and public sector’s institutions. Authors in individual chapters address the issues related to reverse network configuration, forward and reverse supply chain integration, CO2 reduction in transportation, improvement of the production operations and management of the recovery activities. Some best practices from different countries and industries are presented. This book will be valuable to both academics and practitioners wishing to deepen their knowledge in the field of logistics operations and management with regard to sustainability issues. |
| eoq in supply chain management: The Definitive Guide to Supply Chain Best Practices Robert M. Frankel, Council of Supply Chain Management Professionals, 2014 Demand management in the supply chain. Supply chain network design and analysis. Risk and uncertainty in the supply chain. |
| eoq in supply chain management: Global Logistics and Supply Chain Management John Mangan, Chandra Lalwani, Agustina Calatayud, 2020-12-07 Global Logistics and Supply Chain Management is a comprehensive, fully up-to-date introduction to the subject. Addressing both practical and strategic perspectives, this revised and updated fourth edition offers readers a balanced and integrated presentation of Logistics and Supply Chain Management (LSCM)concepts, practices, technologies, and applications. Contributions from experts in specific areas of LSCM provide readers with real-world insights on supply chain relationships, transport security, inventory management, supply chain designs, the challenges inherent to globalization and international trade, and more. The text examines how information, materials, products, and services flow across the public and private sectors and around the world. Detailed case studies highlight LSCM practices and strategies in a wide range of contexts, from humanitarian aid and pharmaceutical supply chains to semi-automated distribution centers and port and air cargo logistics. Examples of LSCM in global corporations such as Dell Computer and Jaguar Land Rover highlight the role of new and emerging technologies. This edition features new and expanded discussion of contemporary topics including sustainability, supply chain vulnerability, and reverse logistics, and places greater emphasis on operations management. |
| eoq in supply chain management: Operations Management For Dummies Mary Ann Anderson, Edward J. Anderson, Geoffrey Parker, 2021-12-02 The plain language guide to getting things running smoothly in the world of business Operations management is all about efficiency, and Operations Management For Dummies is all about efficiently teaching you what you need to know about this business hot topic. This book tracks typical operations management MBA courses, and it will help you un-muddle concepts like process mapping, bottlenecks, Lean Production, and supply chain management. Learn to step into a business, see what needs improving, and plug in the latest tools and ideas to shape things up in any industry. This latest edition covers, you guessed it, digital transformation. Technology is completely upending operations management, and Dummies walks you through the latest, so you can stay at the front of the pack. Other new stuff inside: supply chain traceability, ethical sourcing and carbon footprint, business resiliency, and modularizing the supply chain. It’s all here! Optimize operations and increase revenue with strategies and ideas that make businesses run better and cheaper Get easy-to-understand explanations of complex topics and theories in operations management Learn how operations management is affected by digital transformation and sustainability concerns Evaluate, design, improve, and scale all sorts of processes, regardless of business size or area of operation Businesses can't operate successfully without effective operations and supply management. That makes Operations Management For Dummies a must—for MBA students and business professionals alike. |
| eoq in supply chain management: Using your Supply Chain as a Competitive Weapon Dr. Tony Vercillo, 2014-07-03 Learn the key metrics that drive supply chain results Learn how to become best-in-class Learn the top ten ten supply chain strategies that create customer bliss Learn the true cost of customer service Learn how globalization has changed supply management - forever Learn how to apply and integrate technology across the enterprise Learn the future of supply chain management Learn the secrets to inventory control |
| eoq in supply chain management: Sustainability in Supply Chain Management (Collection) Peter A. Soyka, Robert Palevich, Steven M. Leon, 2013-10-03 A brand new collection of cutting-edge sustainable supply chain solutions… 3 authoritative books, now in a convenient e-format, at a great price! 3 authoritative eBooks deliver state-of-the-art guidance for leveraging supply chain sustainability to maximize business value Organizations that prioritize sustainability are well positioned to increase profitability, reduce risk, and attract better customers, talent, and investors. This unique 3 eBook package brings together all the techniques, best practices, and case studies you need to make sustainability work throughout your supply chain. In The Lean Sustainable Supply Chain, Robert Palevich illuminates the business benefits of combining lean and green, offering start-to-finish guidance for redesigning company infrastructure and technologies to achieve these benefits. Through a comprehensive case study, he shows how to manage change, innovation, talent, execution, inventory, warehousing, and transportation; integrate supply chain sustainability into business scorecards; make more effective use of 3PLs, information systems, and much more. He systematically addresses key technical issues ranging from forecasting methodologies and supplier integration to carbon tracking and quantifying lean savings. Next, in Creating a Sustainable Organization, Peter Soyka shows how to choose the right sustainability strategies, and then manage and measure them well. Soyka's actionable guide bridges the disparate worlds of the EHS/sustainability professional and the investor/analyst. Discover what the evidence says about linkages between sustainability and value… how to manage key stakeholder relationships influencing corporate response to EHS and social equity issues… how to effectively manage sustainability throughout the business… how to evaluate sustainability posture and performance from the standpoint of external investors and internal management… how to maximize the influence of organizational actors focused on sustainability, and much more. Finally, the Sustainability in Supply Chain Management Casebook is the firstcomprehensive collection of original case studies on building sustainability into the supply chain. Steven Leon covers a wide spectrum of social, economic and environmental issues, as well as new areas such as closed-loop supply chains. Topics include strategy, implementation, decision making, transportation, supplier relationships, collaboration, lean, continuous improvement, finance/economics, worker safety and rights, procurement, production, delivery, packaging, logistics, reverse logistics, and global supply chains. Each case study is supported with an authoritative introduction, teaching notes, and Q-and-A sections. Whatever your role in the sustainable supply chain, this collection will help you transform its promise into reality. From world-renowned sustainable supply chain experts Robert Palevich, Peter A. Soyka, Stephen M. Leon |
| eoq in supply chain management: Transport and Logistics Planning and Optimization Boukachour, Jaouad, Benaini, Abdelhamid, 2023-07-10 Logistics and transportation are a complex set of entities and systems interconnected by many physical, financial, and information flows, and, as with all systems, there are optimization and planning issues. In addition, they are subject to economic, social, and especially environmental pressures with the need to reduce energy consumption and greenhouse gas emissions. There is a need for original research to address these issues. Transport and Logistics Planning and Optimization addresses selected transportation and logistics problems at the strategic, tactical, and operational levels in a multidisciplinary approach, not only from a technological perspective but also from a social science perspective. Covering key topics such as supply chain, urban transportation, artificial intelligence, and computer science, this premier reference source is ideal for policymakers, industry professionals, researchers, academicians, scholars, instructors, and students. |
| eoq in supply chain management: Architectural Regeneration Aylin Orbasli, Marcel Vellinga, 2020-08-03 A comprehensive and detailed overview of the active regeneration, rehabilitation and revitalisation of architectural heritage. The combined processes of globalisation, urbanisation, environmental change, population growth and rapid technological development have resulted in an increasingly complex, dynamic and interrelated world, in which concerns about the meaning of cultural heritage and identity continue to grow. As the need for culturally and environmentally sustainable design grows, the challenge for professionals involved in the management of inherited built environments is to respond to this ever-changing context in a critical, dynamic and creative way. Our knowledge and understanding of the principles, approaches and methods to sustainably adapt existing buildings and places is rapidly expanding. Architectural Regeneration contributes to this knowledge-base through a holistic approach that links policy with practice and establishes a theoretical framework within which to understand architectural regeneration. It includes extensive case studies of the regeneration, rehabilitation and revitalisation of architectural heritage from around the world. Different scales and contexts of architectural regeneration are discussed, including urban, suburban, rural and temporary. At a time when regeneration policy has shifted to the recognition that ‘heritage matters’ and that the historic environment and creative industries are a vital driver of regeneration, an increasing workload of architectural practices concerns the refurbishment, adaptive re-use or extension of existing buildings. As a result, this book is ideal for undergraduate and graduate students of architecture, historic conservation, urban and environmental design, sustainability, and urban regeneration, as well as for practitioners and decision makers working in those fields. |
| eoq in supply chain management: Introduction to Management John R. Schermerhorn, 2011 Completely updated and revised, this eleventh edition arms managers with the business tools they’ll need to succeed. The text presents managerial concepts and theory related to the fundamentals of planning, leading, organising, and controlling with a strong emphasis on application. It offers new information on the changing nature of communication through technology. Focus is also placed on ethics to reflect the importance of this topic, especially with the current economic situation. This includes all new ethics boxes throughout the chapters. An updated discussion on the numerous legal law changes over the last few years is included as well. Managers will be able to think critically and make sound decisions using this text because the concepts are backed by many applications, exercises, and cases. |
| eoq in supply chain management: Inventory and Production Management in Supply Chains Edward A. Silver, David F. Pyke, Douglas J. Thomas, 2016-12-19 Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries. |
| eoq in supply chain management: Kanban for the Supply Chain Stephen Cimorelli, 2005-10-31 This workbook for manufacturing supply chain management (SCM) professionals illustrates how to apply kanban replenishment systems and improve material flow. Those who are now ready to make the conversion from materials requirements planning (MRP) push techniques to kanban pull techniques must read this book! In Kanban for the Supply Chain: Fundamental Practices for Manufacturing Management., Stephen Cimorelli provides SCM teams with a roadmap for installing fundamental kanban concepts - the method is immediately actionable thereby increasing manufacturing productivity and profitability. Through an iterative process of planning, adjusting, and executing, kanban pull techniques keep inventory levels synchronized with demand, and the supply chain synchronized with actual production. |
| eoq in supply chain management: Quantitative Methods in Supply Chain Management Ioannis T. Christou, 2011-10-05 Quantitative Methods in Supply Chain Management presents some of the most important methods and tools available for modeling and solving problems arising in the context of supply chain management. In the context of this book, “solving problems” usually means designing efficient algorithms for obtaining high-quality solutions. The first chapter is an extensive optimization review covering continuous unconstrained and constrained linear and nonlinear optimization algorithms, as well as dynamic programming and discrete optimization exact methods and heuristics. The second chapter presents time-series forecasting methods together with prediction market techniques for demand forecasting of new products and services. The third chapter details models and algorithms for planning and scheduling with an emphasis on production planning and personnel scheduling. The fourth chapter presents deterministic and stochastic models for inventory control with a detailed analysis on periodic review systems and algorithmic development for optimal control of such systems. The fifth chapter discusses models and algorithms for location/allocation problems arising in supply chain management, and transportation problems arising in distribution management in particular, such as the vehicle routing problem and others. The sixth and final chapter presents a short list of new trends in supply chain management with a discussion of the related challenges that each new trend might bring along in the immediate to near future. Overall, Quantitative Methods in Supply Chain Management may be of particular interest to students and researchers in the fields of supply chain management, operations management, operations research, industrial engineering, and computer science. |
| eoq in supply chain management: OPERATIONS & SUPPLY CHAIN MANAGEMENT Dr. Preeti Mahesh Kulkarni, Ankita Arjun Wagh, 2023-11-01 Buy Operations & Supply Chain Management e-Book for Mba 2nd Semester in English language specially designed for SPPU ( Savitribai Phule Pune University ,Maharashtra) By Thakur publication. |
Economic Order Quantity: What Does It Mean and Who Is It ... - Investopedia
Jun 12, 2024 · The economic order quantity (EOQ) is a company's optimal order quantity that meets demand while minimizing its total costs related to ordering, receiving, and holding …
EOQ - Formula and Guide to Economic Ordering Quantity
What is EOQ? EOQ stands for Economic Order Quantity. It is a measurement used in the field of Operations, Logistics, and Supply Management. In essence, EOQ is a tool used to determine …
Economic order quantity - Wikipedia
Economic order quantity (EOQ), also known as financial purchase quantity or economic buying quantity, [citation needed] is the order quantity that minimizes the total holding costs and …
Economic Order Quantity (EOQ) | Formula, Factors, Calculation
Mar 2, 2023 · The Economic Order Quantity (EOQ) is the specific total order amount for a firm's inventory that minimizes the total cost of inventory management. That is to say, EOQ refers to …
Economic Order Quantity (EOQ) : Meaning, Working
Apr 15, 2025 · Economic Order Quantity, also known as EOQ, is a widely used inventory management technique that helps organizations determine the optimal level of order quantity …
Economic Order Quantity (EOQ): Definition, Formula, and Guide
Feb 14, 2023 · Economic Order Quantity (EOQ) is the order size that minimizes the sum of ordering and holding costs related to raw materials or merchandise inventories. Keeping costs …
EOQ - What Is It, Examples, Formula, Relevance and Uses
The EOQ refers to the economic order quantity that explains the optimum level of order that that business should place, and which will be able to meet the required demand of the business …
What is Economic Order Quantity (EOQ)? Definition, Formula, …
In logistics, "Economic Order Quantity (EOQ)" is a strategic inventory management calculation that helps businesses determine the ideal order quantity that minimizes total inventory costs …
EOQ Calculator (Economic Order Quantity)
EOQ calculator helps you find the optimal order you should place to minimize costs related to the inventory, like holding and ordering costs.
Economic order quantity (EOQ) - Accounting For Management
Jul 9, 2018 · Economic order quantity (EOQ) is the order size that minimizes the sum of ordering and holding costs related to raw materials or merchandise inventories. In other words, it is the …
Economic Order Quantity: What Does It Mean and Who Is It ... - Investopedia
Jun 12, 2024 · The economic order quantity (EOQ) is a company's optimal order quantity that meets demand while minimizing its total costs related to ordering, receiving, and holding …
EOQ - Formula and Guide to Economic Ordering Quantity
What is EOQ? EOQ stands for Economic Order Quantity. It is a measurement used in the field of Operations, Logistics, and Supply Management. In essence, EOQ is a tool used to determine …
Economic order quantity - Wikipedia
Economic order quantity (EOQ), also known as financial purchase quantity or economic buying quantity, [citation needed] is the order quantity that minimizes the total holding costs and …
Economic Order Quantity (EOQ) | Formula, Factors, Calculation
Mar 2, 2023 · The Economic Order Quantity (EOQ) is the specific total order amount for a firm's inventory that minimizes the total cost of inventory management. That is to say, EOQ refers to …
Economic Order Quantity (EOQ) : Meaning, Working
Apr 15, 2025 · Economic Order Quantity, also known as EOQ, is a widely used inventory management technique that helps organizations determine the optimal level of order quantity …
Economic Order Quantity (EOQ): Definition, Formula, and Guide
Feb 14, 2023 · Economic Order Quantity (EOQ) is the order size that minimizes the sum of ordering and holding costs related to raw materials or merchandise inventories. Keeping costs …
EOQ - What Is It, Examples, Formula, Relevance and Uses
The EOQ refers to the economic order quantity that explains the optimum level of order that that business should place, and which will be able to meet the required demand of the business …
What is Economic Order Quantity (EOQ)? Definition, Formula, …
In logistics, "Economic Order Quantity (EOQ)" is a strategic inventory management calculation that helps businesses determine the ideal order quantity that minimizes total inventory costs …
EOQ Calculator (Economic Order Quantity)
EOQ calculator helps you find the optimal order you should place to minimize costs related to the inventory, like holding and ordering costs.
Economic order quantity (EOQ) - Accounting For Management
Jul 9, 2018 · Economic order quantity (EOQ) is the order size that minimizes the sum of ordering and holding costs related to raw materials or merchandise inventories. In other words, it is the …
