Raw materials management in iron and steelmaking firms

Florén, Henrik; Frishammar, Johan; Löf, Anton; Ericsson, Magnus

doi:10.1007/s13563-018-0158-7

Cited by 14 publications

(18 citation statements)

References 16 publications

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“…Florén et al [12] add knowledge on how raw materials should be managed in iron and steelmaking companies. They indicate that the understanding of raw materials management from a holistic perspective is largely lacking, and extant research does not provide qualified advice to companies on this area of research.…”

Section: Iron and Steel Industrymentioning

confidence: 99%

Sustainability performance measurement for Libyan Iron and Steel Company using Rough AHP

Badi

Abdulshahed

2021

J. Decis. Anal. Int. Comp.

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The iron and steel industry plays a major role in Libyan urbanization. Iron and steel products are the main driving forces in the construction manufacturing sector in Libya. This research suggested a set of indicators to evaluate the sustainability of the iron and steel industry in Libya using a rough AHP model. Rough AHP analyses the relative importance of the criteria based on their preferences given by experts. The research results show that the most important criterion is costs followed by emission and waste. We have found that the rough AHP model can play an important role in improving indicators that quantify the advance towards sustainable development, especially when it is in a situation where complex environments (i.e., Libya) exist.

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Section: Iron and Steel Industrymentioning

confidence: 99%

Sustainability performance measurement for Libyan Iron and Steel Company using Rough AHP

Badi

Abdulshahed

2021

J. Decis. Anal. Int. Comp.

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“…Uma empresa que almeja se tornar competitiva e sustentável deve implementar melhorias em sua forma de gerenciar a matéria-prima utilizada em sua produção. Diante disso, a organização deverá buscar reduzir continuamente os impactos contra o meio ambiente, adotando medidas de prevenção contra o desperdício de materiais no âmbito produtivo (Florén et al, 2019).…”

Section: -Gerenciamento De Matéria-primaunclassified

Alternativas De Melhoria Da Qualidade Nos Processos De Um Restaurante Sob a Ótica Das Práticas Sustentáveis

Silva

Johann

Nunes

et al. 2021

Exacta

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Diante aos aspectos inerentes que permeiam a temática da sustentabilidade, bem como a importância desta na sociedade, torna-se relevante que estudos sejam realizados com a finalidade de auxiliar as organizações a estarem alinhadas a esse viés. Dessa forma objetivo do presente estudo é avaliar as alternativas de melhoria na qualidade no processo com ênfase nas práticas sustentáveis em um restaurante situado na região noroeste do Rio Grande do Sul. Através de uma pesquisa exploratória, descritiva, de abordagem qualitativa e quantitativa, este estudo de caso avaliou um restaurante, elencando alternativas de melhoria da qualidade, alinhadas a práticas sustentáveis, priorizando através do método de Análise hierárquica de processos (AHP) aquela que na visão do gestor é mais relevante. Dessa forma, os resultados demonstraram que alternativa voltada a treinamento do pessoal é a mais priorizada, visto sua influência direta nos processos, o que pode auxiliar na redução dos desperdícios no restaurante.

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“…to Floren et al (2019), the "corporate concentration for iron ore mining is much higher than that for steel production," which "reduces the bargaining power of steel companies." As a result, "iron ore miners in general have more bargaining power than the often smaller steel companies.…”

Section: Introductionmentioning

confidence: 99%

“…There is evidence that major consumers and producers of iron ore have an interest in, and willingness to, investigate new contractual forms that will ensure more stable and long-term relationships between producers and consumers (Floren et al 2019). For example, in response to the move to shorter-term contracts, the Chinese government has begun to take an active role in negotiating contracts with the mining companies, reflecting concerns regarding the power of the large Holmes and Lu (2015) depicts the unit costs during 2013-14, which ranged from $30-$120 per ton.…”

Section: Introductionmentioning

confidence: 99%

Contracting Mechanisms for Stable Sourcing Networks

Song

Shao

Sun

2022

M&SOM

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Problem definition: We study profit allocation for a sourcing network, in which a buyer sources from a set of differentiated suppliers with limited capacity under uncertain demand for the final product. Whereas the buyer takes the lead in forming the sourcing network and designing the contract mechanism, due to their substantial bargaining power, the suppliers take the lead in determining the terms of the contract. Academic/practical relevance: We identify contracting mechanisms that will ensure the stability of the sourcing network in the long term, where a stable sourcing network requires an effective profit-allocation scheme that motivates all members to join and stay in the network. Methodology: We apply methods from game theory to model the network and analyze the Nash equilibrium of a noncooperative game under a proposed contracting mechanism. We then use a cooperative game model to study the stability of the resulting equilibrium. Results: We show that the optimal network profit, as a set function of the set of suppliers, is submodular, which allows us to demonstrate that the core of the cooperative game is not empty. We also establish a set of conditions that are equivalent to, but much simpler than, the original conditions for the core. We use these results to demonstrate that the proposed fixed-fee contracting mechanism can implement a stable network in the competitive setting by achieving a profit allocation that is in the core of the cooperative game. We also demonstrate that the grand coalition is stable in a farsighted sense under the Shapley value allocation. Managerial implications: Under the fixed-fee mechanism, the buyer’s decisions maximize the network profit, and each supplier earns a profit equal to its marginal contribution. When the aggregate capacity of the supplier network is high relative to demand, or demand is more likely to be small, the fixed-fee mechanism is likely to outperform the Shapley value allocation from the perspective of the buyer.

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Raw materials management in iron and steelmaking firms

Cited by 14 publications

References 16 publications

Sustainability performance measurement for Libyan Iron and Steel Company using Rough AHP

Sustainability performance measurement for Libyan Iron and Steel Company using Rough AHP

Alternativas De Melhoria Da Qualidade Nos Processos De Um Restaurante Sob a Ótica Das Práticas Sustentáveis

Contracting Mechanisms for Stable Sourcing Networks

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