Sustainable Manufacturing Systems Based on Demand Forecasting—Supply Chain Sustainable Growth

Hart, Martin; Taraba, Pavel; Konečný, Jan

doi:10.1007/978-3-319-32098-4_17

Cited by 5 publications

(4 citation statements)

References 3 publications

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“…In other words, in line with this theory it is not possible to obtain the highest possible quality of design in the shortest possible time while also maintaining minimum possible costs. Furthermore, increasing demands regarding both living environmental protection as well as the effective management of supply chains within particular industries also bring to bear great pressures on companies (Hart et al, 2016).…”

Section: Resultsmentioning

confidence: 99%

The Influence of Design on Companies’ Increase in Income, Market Share or Brand Value

Kramoliš¹,

Šviráková²

2019

JOC

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The main purpose of this paper is to focus on the awareness of SMEs of the influence of design on their business as well as on the performance of the company in the context of increased competitiveness. What economic indicators do design influence? Can they facilitate direct profit increases or just sales increases (turnover)? Can design factors affect long-term goals such as market share or brand value growth? The research approach is based on theoretical sources as well as empirical studies conducted on design management and its relationship to a company's profits. Two research questions verifying the thesis were statistically tested at a significance level of 0.05. A statistical search was also undertaken seeking to determine a dependence between how much companies expect to increase profits as well as brand value (achieving a competitive advantage) based on design elements. The practical implications of the research were shown to confirm the thesis and unequivocally support the significant impact of design on the economic results of SMEs. This effect was shown especially in increased brand value, but also by profit as well as sales growth, all factors which are of high importance to businesses. This, however, is not the primary focus of the article. The originality of this contribution lies primarily in the freshness of the data received, i.e. in the context of the current situation in the economy. It is commonly believed among practitioners of Product Life Cycle Theory that it is optimal for companies to invest in innovation (e. g. design) in the third phase, thus it is crucial that firms are (made) aware that design factors affect their economic goals, and to determine to what extent companies accept the reality of these effects. To meet these goals, we also considered profit maximization from the point of view of microeconomic theory, which is undoubtedly reflected in the formation of corporate goals, e.g. as measured by how design influences the four economic indicators of a company.

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Section: Resultsmentioning

confidence: 99%

The Influence of Design on Companies’ Increase in Income, Market Share or Brand Value

Kramoliš¹,

Šviráková²

2019

JOC

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“…manufacturing administration sub-system i. control sub-system -a setting of performance measurements j. sub-system of risk analysis and living environment protection k. sub-system of maintenance planning and management, 4. an integration of created sub-systems, 5. a putting into operation. [12] Stated methodics to design manufacturing logistics management sub-system is universally applicable in any industry or tertiary sphere organization, as well as 2 methodics briefly described above.…”

Section: Methodics To Design Manufacturing Logistics Management Sub-smentioning

confidence: 99%

The Design of Integrated Logistics Management System of an Industrial Company

Hart

2017

MATEC Web Conf.

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Abstract. In the contemporary global business markets environment, when the business markets are getting more and more commercial, there are growing demand for effective management of material flows. The effectivity and effectiveness of planning, management and control the material flows across an industrial company and its distribution networks, represents one of the main pillar regarding the high level of competitive advantage within the frame of supply chains. Thus, the company information management system design should have also included a module of integrated logistics management system to ensure required level of material flow management effectivity and effectiveness. The article deals with brief description of the issues on company management, company information management systems and logistics management. Further it's stated the methodology to created integrated logistics management system, which is containing the methodics to design logistics management sub-systems of purchasing, manufacturing, distribution and reverse material flows. The essential methodics of the stated methodology is the methodics to create independent demand forecasting sub-system.

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“…Forecasting methods in sustainable manufacturing have drawn the attention of numerous scholars in various fields. Hart et al [20] introduced effective manufacturing systems for supply chains based on demand forecasting. Rivera-Castro et al [21] presented diagonal feeding, a useful technique for forecasting build-to-order lean manufacturing supply chains.…”

Section: Sustainable Manufacturingmentioning

confidence: 99%

“…The modified discordance matrix can be easily produced, as shown in Table 21. The extended modified discordance matrix can be obtained with Equation (20), as shown in Table 22. Step 9.…”

Section: Numerical Examplementioning

confidence: 99%

Extension of Fuzzy ELECTRE I for Evaluating Demand Forecasting Methods in Sustainable Manufacturing

Chu,

Nghiem

2023

Axioms

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The selection of a demand forecasting method is critical for companies aiming to avoid manufacturing overproduction or shortages in pursuit of sustainable development. Various qualitative and quantitative criteria with different weights must be considered during the evaluation of a forecasting method. The qualitative criteria and criteria weights are usually assessed in linguistic terms. Aggregating these various criteria and linguistic weights for evaluating and selecting demand forecasting methods in sustainable manufacturing is a major challenge. This paper proposes an extension of fuzzy elimination and choice translating reality (ELECTRE) I to resolve this problem. In the proposed method, fuzzy weighted ratings are defuzzified with the signed distance to develop a crisp ELECTRE I model. Moreover, an extension to ELECTRE I is developed by suggesting an extended modified discordance matrix and a closeness coefficient for ranking alternatives. The proposed extension can overcome the problem of information loss, which can lead to incorrect ranking results when using the Hadamard product to combine concordance and modified discordance matrices. A comparison is conducted to show the advantage of the proposed extension. Finally, a numerical example is used to demonstrate the feasibility of the proposed method. Furthermore, a numerical comparison is made to display the advantage of the proposed method.

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Sustainable Manufacturing Systems Based on Demand Forecasting—Supply Chain Sustainable Growth

Cited by 5 publications

References 3 publications

The Influence of Design on Companies’ Increase in Income, Market Share or Brand Value

The Influence of Design on Companies’ Increase in Income, Market Share or Brand Value

The Design of Integrated Logistics Management System of an Industrial Company

Extension of Fuzzy ELECTRE I for Evaluating Demand Forecasting Methods in Sustainable Manufacturing

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