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Management of supply chains has been evolving rapidly over the last few years due to the inception of Industry 4.0, where businesses adopt automation technologies and data exchanges leading to dynamic and interconnected supply chain systems. Emphasizing on analytical approaches such as predictive and prescriptive modeling, this book presents state-of-the-art original research work dealing with advanced analytical models for the design, planning, and operation of the supply chain to provide faster and smarter decisions in the era of digitization. In particular, the book integrates machine learning and operations research models for faster and smarter decisions, presents prescriptive analytics models for strategic, tactical, and operational decision making in the supply chain, and addresses recent challenges such as sustainability in the supply chain, supply chain visibility, and supply chain digitalization. Key concepts are illustrated using real-life case studies, making the book a valuable reference for researchers, technical professionals, and students.
The two-volume set IFIP AICT 566 and 567 constitutes the refereed proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2019, held in Austin, TX, USA. The 161 revised full papers presented were carefully reviewed and selected from 184 submissions. They discuss globally pressing issues in smart manufacturing, operations management, supply chain management, and Industry 4.0. The papers are organized in the following topical sections: lean production; production management in food supply chains; sustainability and reconfigurability of manufacturing systems; product and asset life cycle management in smart factories of industry 4.0; variety an...
This book discusses supply chain issues and models with examples from actual case studies. Recent advances in sustainability, supply chains and technologies have brought promising potential for the management of sustainable global and local supply chains. While most of the current literature seem to consider developments in the field of sustainable supply chains and in the field of Industry 4.0 as two distinct entities, this book attempts to explore the synergy in bringing these two distinct fields together. The book features chapters on management of sustainability and industry 4.0 on supply chains as a whole, with several case studies on issues related to the application of sustainable sup...
This volume provides a systematic framework for energy suppliers, policy makers, academics, students, and all others interested in energy security, and analyzes key issues concerning energy, security and sustainability with the help of a wealth of data. While sustainability is the broadest objective, energy security is an important part of it, at the global, national and societal levels. The development of a sustainable, long-term solution to meeting the world’s energy needs is a defining issue of our time, since central global challenges that the world faces—poverty alleviation, climate change, and environmental degradation—are directly linked to energy security. The contributions cov...
In the 21st century, supply chain operations and relationships among supply chain partners have become highly challenging, necessitating new approaches, e.g., the development of new models. Supply Chain Strategies, Issues and Models discusses supply chain issues and models with examples from actual industrial cases. Expert authors with a wide spectrum of knowledge working in various areas of supply chain management from various geographical locations offer refreshing, novel and insightful ideas and address possible solutions using established theories and models. Supply Chain Strategies, Issues and Models features studies that have used mathematical modeling, statistical analyses and also de...
Modern technologies are central to creation of wealth through business expansion leading to economic development. This is visible in the fast-paced technology-induced economic growth experienced by most countries, especially by rapidly growing economies such as India, China, Brazil, South Korea, among others. Increasing individual scientific contribution, nurturing entrepreneurial talent, promoting innovative competence, strategically prioritizing and investing in technologies and enhancing national economic wealth are some of the important Technology Management goals. Technology Management has emerged as a strategic and knowledge domain of interest to academicians, practitioners, and policy...
The thoroughly revised and updated book, now in its second edition, continues to present a comprehensive view of the concepts and applications of various quantitative models used in the study of operations and supply chain management. It provides a complete account of location and layout models, production planning models, production control models, cycle inventory models, safety stock models and transportation models. A separate chapter on real-life situations provides the user with the knowledge of specific areas where the models have been applied in decision-making processes. The various techniques to solve operations and supply chain management problems are also discussed. The text is su...
This book presents recent research in intelligent and fuzzy techniques on digital transformation and the new normal, the state to which economies, societies, etc. settle following a crisis bringing us to a new environment. Digital transformation and the new normal-appearing in many areas such as digital economy, digital finance, digital government, digital health, and digital education are the main scope of this book. The readers can benefit from this book for preparing for a digital “new normal” and maintaining a leadership position among competitors in both manufacturing and service companies. Digitizing an industrial company is a challenging process, which involves rethinking established structures, processes, and steering mechanisms presented in this book. The intended readers are intelligent and fuzzy systems researchers, lecturers, M.Sc., and Ph.D. students studying digital transformation and new normal. The book covers fuzzy logic theory and applications, heuristics, and metaheuristics from optimization to machine learning, from quality management to risk management, making the book an excellent source for researchers.
This book investigates the performance of firms and households in Tanzania and the strategies they adopt to navigate shocks, achieve sustainability, and build resilience to sustain their growth and development. The contributions show that Tanzania, like many countries, faces a challenging future but is better positioned to do so than it has been.
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