Flexibility of manufacturing systems, strategic change and performance

Lloréns, Francisco Javier; Molina, Luis M.; Verdu, Antonio J.

doi:10.1016/j.ijpe.2004.05.011

Cited by 83 publications

(37 citation statements)

References 61 publications

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“…Having a resource advantage in the form of a timely technology can create a service advantage (Llorens, Molina, and Verdu 2005). For example, manufacturing firms with superior CRM systems may improve their control of front line customer service contacts facilitating consistency and effectiveness of discrepancy handling.…”

Section: Model 1 -A Model Of Firm Technological Readinessmentioning

confidence: 99%

Firm Technological Readiness and Complementarity: Capabilities Impacting Logistics Service Competency and Performance

Richey

Daugherty

Roath

2007

J of Business Logistics

142

161

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This manuscript explores the importance of both technological readiness and technological complementarily in the management of supplier logistics service quality and performance. From a resource based perspective, the results support the importance of technological readiness and technological complementarity as important capabilities for supply chain firms in attaining superior logistics service quality. Additionally, the long standing belief that logistics service quality is a core competency that impacts superior performance is upheld. Finally, this manuscript gives managers insight into the dynamics of managing technology across partnerships.

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Section: Model 1 -A Model Of Firm Technological Readinessmentioning

confidence: 99%

Firm Technological Readiness and Complementarity: Capabilities Impacting Logistics Service Competency and Performance

Richey

Daugherty

Roath

2007

J of Business Logistics

142

161

View full text Add to dashboard Cite

show abstract

“…If ROA applies to flexible decision making of investment with irreversibility to be equated with the sunk costs under uncertainties, the focus is on the value of information (Pindyck 2008). Further studies on ROA in manufacturing flexibility have shown their effectiveness to evaluate the flexibility (Bengtsson 2001;Bengtsson and Olhager 2002a, b;Yeo and Qiu 2003;Zhang et al 2004;Lloréns et al 2004). We have considered that the supply chain has a significant effect on manufacturing flexibility.…”

Section: Real Option Analysismentioning

confidence: 99%

Production Flexibility of Real Options in Daily Supply Chain

Kume

Fujiwara

2015

Glob J Flex Syst Manag

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Production or its investment of carton soft drink is relatively lower in cost than that of the canned, glass bottled, or plastic bottled soft drink. However, as the shelf life is shorter than other packaging systems, it is difficult to carry its inventory and then to produce daily by order. In particular, at the final batch in daily production, it is unavoidable to discard the excess drink over the minimum volume necessary for final one batch processing. Hence, this paper's research question is how some flexible before and behind shift of order timing can reduce such kinds of discard based on an agreement with the customer.A key phrase is 'Virtual Inventory' by flexible demand timing shift for a buffer between supply and demand without any physical inventory for discard reduction. The methodology to the above research questions is real options analysis for a flexible shift decision of demand timing. This paper's objective is to build a two-stage supply-chain model for call and put options for positive and negative daily production flexibility to ''real demand'', draw an option selection policy to each gap between supply and demand, apply a sensitivity analysis to find critical conditional and decision variables at a decision tree, and confirm the effectiveness of this scheme by using practical demand data. Thus, timing option can be considered as Virtual Inventory by its buffer function between supply and demand in daily demand production. The next challenge is smart and flexible risk management to uncertain demand with clear seasonal variation.

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“…At another level, the authors show that globalisation, information availability and planning sophistication are useful competence inducers for the "delivery capability". The impact of manufacturing flexibility capabilities on performance is also analysed by Zhang et al [27] who consider customer satisfaction or by Llorens et al [28]as a critical factor in the process of strategic change.…”

Section: Causal Models: Impact Of Competencies On the Performance Of mentioning

confidence: 99%

Formalisation and use of competencies for industrial performance optimisation: A survey

Boucher

Bonjour

Grabot³

2007

Computers in Industry

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. Formalisation and use of competencies for industrial performance optimisation : a survey.. Computers in Industry, Elsevier, 2007, 58 (2) Abstract. For many years, industrial performance has been implicitly considered as deriving from the optimisation of technological and material resources (machines, inventories,...), made possible by centralized organisations. The topical requirements for reactive and flexible industrial systems have progressively reintroduced the human workforce as the main source of industrial performance. Making this paradigm operational requires the identification and careful formalisation of the link between human resource and industrial performance, through concepts like skills, competencies or know-how. This paper provides a general survey of the formalisation and integration of competence-oriented concepts within enterprise information systems and decision systems, aiming at providing new methods and tools for performance management.

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Flexibility of manufacturing systems, strategic change and performance

Cited by 83 publications

References 61 publications

Firm Technological Readiness and Complementarity: Capabilities Impacting Logistics Service Competency and Performance

Firm Technological Readiness and Complementarity: Capabilities Impacting Logistics Service Competency and Performance

Production Flexibility of Real Options in Daily Supply Chain

Formalisation and use of competencies for industrial performance optimisation: A survey

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