Supply Chain Management
Supply chain management can be described as a, “key strategic factor for increasing organizational effectiveness and for better realization of organizational goals such as enhanced competitiveness, better customer care and increased profitability”.
The increasing product and supply chain (SC) complexity requires the production systems and SC processes to acquire greater flexibility. In order to realize this flexibility, IT integration of planning with the production level is required; this integration can be extended to customers and suppliers as well. Within LAMS, the following are among the most important activities being undertaken:
- Enhancing supply chain coordination through automated information sharing
- Implementing business process management systems (BPMS) to work in conjunction with ERP systems specifically applicable to SMEs.
- Risk assessment within supply chains and dynamic manufacturing networks for delivering practical solutions (technical and management wise) to control defined hazards and their combinations at specific stages of a typical SC lifetime, ranging from agri-food, health care to manufacturing.
- Developing models to facilitate the configuration of resilient supply chains in a sustainable manner
- Developing analytical models for short/long-term supply chain scheduling.
- Dynamic supplier management in fast-moving consumer goods industry.
- Supply chain process modeling resulting in improve energy and raw materials efficiency and flexibility at the plant/system level.
- Implementing lean six sigma principals in SCM practices leading to enhance economic performance across various industrial and service sectors.