Supply Chain Management And Corporate Governance

Supply Chain Management and Corporate Governance: Artificial Intelligence, Game Theory and Robust Optimisation is the first innovative, comprehensive analysis and analytical robust optimisation modelling of the relationships between corporate governance principles and supply chain management for risk management and decision-making under uncertainty in supply chain operations. To avoid corporate failures and crises caused by agency problems and other external factors, effective corporate governance mechanisms are essential for efficient supply chain management. This book develops a new collaborative robust supply chain management and corporate governance (RSCMCG) model and framework that combines good corporate governance practices for risk management strategies and decision-making under uncertainty. This model is developed as a principal–agent game theory model, and it is digitalised and computed by Excel algorithms and spreadsheets as an artificial intelligence and machine-learning algorithm. The implementation of the RSCMCG model provides optimal supply chain solutions, corporate governance principles and risk management strategies for supporting the company to achieve long-term benefits in firm value and maximising shareholders’ interests and corporate performance while maintaining robustness in an uncertain environment. This book shows the latest state of knowledge on the topic and will be of interest to researchers, academics, practitioners, policymakers and advanced students in the areas of corporate governance, supply chain management, finance, strategy and risk management.

In the global knowledge economy, corporate governance, organisational behaviour and performance of the supply chain are becoming increasingly important aspects of the evaluation of an enterprise. The subject of this book is the development of a contemporary organisation behaviour performance measurement (OBPM) model for enterprises in the modern economy. The fields of organisation behaviour and supply chain management are integrated with an Open Socio-Technical Systems theory of management and the application of Operations Research to corporate governance for the measurement of organisation performance. This book thereby offers a new and innovative quantitative approach to qualitative concepts of corporate performance measurement and makes a significant contribution to the fields of management theory, supply chain management as well as operations research.

USE KNOWLEDGE AND INNOVATION TO MAXIMIZE VALUE FROM TODAY’S SOPHISTICATED, FAST-CHANGING SUPPLY NETWORKS Build integrated, complementary supply networks that work together to win Accelerate the cycle from needs identification to product/service launch to customer experience Create long-term strategy adherence to the business that competes in fluid environments Leading companies are developing powerful new techniques for managing today’s complex, fluid supply networks. Now, Alexandre Oliveira and Anne Gimeno help you apply these techniques to embed greater agility, resilience, speed, and intelligence throughout your own supply chain network. Oliveira and Gimeno review how supply chains have changed, how they will change, and the radically new challenges and opportunities arising from these changes. Next, they show how to drive value by capturing and sharing your network’s knowledge far more effectively, and using it to drive innovations that strengthen the entire network. Going far beyond previous models, they guide you in improving interactions across all knowledge areas, functional supply chain building blocks, business structures, tactics, and external elements–including suppliers, customers, service providers, competitors, and non-competitors. Today, individual companies don’t compete: their supply chain networks do. Winning businesses must be capable of sensing and anticipating market shifts, and rapidly aligning their networks in response. In a word, their networks must be wiser. In this guide, leading practitioners Alexandre Oliveira and Anne Gimeno show how to embed actionable wisdom throughout your own complex supply network. You’ll learn how to create multi-company structures that promote the long-term success of your entire network, and how to accelerate innovation by leveraging knowledge and ideas from all network sources. Using practical examples, Oliveira and Gimeno demonstrate how to evolve more resilience and elasticity, building a network that can respond more quickly and coherently to any new risk, opportunity, problem, or trend. Managing Supply Chain Networks is invaluable to any strategist, executive, manager, or advanced student who wants to drive greater value and competitiveness from a complex supply chain network. PRESENTING AN EVOLUTION TO PORTER´S FIVE FORCES MODEL Detailing how to add value to shareholders and stakeholders in highly competitive business environments BUILDING INNOVATION-ENABLED KNOWLEDGE LEADERSHIP INTO YOUR NETWORK Strengthening long-term knowledge development and retention across your network IMPLEMENTING MECHANISMS THAT INCREASE NETWORK RESPONSIVENESS Optimizing connections, architecture, functions, and human interactions MANAGING RISK MORE SUCCESSFULLY IN NETWORK ENVIRONMENTS Transcending limited “firm-centered”risk management strategies PROMOTING GREATER COLLABORATION ACROSS YOUR NETWORK Using visibility, vendor selection, culture, governance, and other methods

Part of our new "Quick Notes" series - this report answers your most pertinent questions of the topic. Do not be deceived by their short nature - these notes are only 45 pages or so. But these are 45 pages of potent dynamite that will supercharge your thinking in the right direction. Included are quick notes and some of the frequently asked questions (FAQs) on supply chain finance that we have encountered in our workshops, seminars, and other forums. Here are some of the topics and questions covered in these quick notes: What is supply chain governance? Why do companies need it? What is the difference between supply chain governance, and corporate governance? Why many companies with good corporate goverance fall short in supply chain governance? What does it take to acquire supply chain governance? Which companies need directors with supply chain experience on their boards? What does it take to achieve supply chain mastery that leads to adequate supply chain governance from board level?

Within companies, supply chain management (SCM) focuses on aligning the activities of business functions involved in material, information and financial flows from material sourcing to product distribution along SCM processes. Generally, firms have implemented SCM processes on local levels. Corporate SCM aims at aligning all similar SCM processes on a corporate level that were previously run independently on a smaller scale on diverse local levels individually. Benefits are a fast implementation of global best practices and economies of scale through the streamlining of tasks. At the same time, external relationships with customers, suppliers and other stakeholders require local adaptation of SCM processes, which limits the scope of global alignment. Balancing between global alignment and local responsiveness is a key strategic question to corporate SCM. This guidebook proposes a new governance approach to identify and implement the appropriate degree of alignment of local, regional or national SCM processes across the company for an appropriate corporate SCM organization. Based on our accompanied scientific survey, we also show benchmarks and best practices on how companies organize their corporate SCM to date.

Managing supply networks for innovation and competitive advantage: Concepts, models, roadmaps, and more Capture, organize, and fully utilize your #1 supply chain resource: knowledge Systematically improve strategic, tactical, and operational decision-making Improve your capabilities for managing and competing on supply networks Best-practice supply chain management transcends yesterday's functional silos. Today, it requires a comprehensive approach that recognizes supply networksas the core driver of business value. To maximize and sustain value creation in fast-changing supply networks, practitioners must properly address an even deeper issue: knowledge. In A Guide to Supply Chain Management, two pioneers in global supply chain operations explain why knowledge management is so critical to supply chain success. This comprehensive introductory guide offers powerful blueprints and models for managing both knowledge and risk in your own rapidly evolving environment. Using the new approaches described here, supply chain decision-makers can systematically achieve far higher levels of effective innovation. This innovation will help you create a ground-breaking cost-benefit environment: one that encompasses partners and alliances to establish sustainable competitive leadership. The book discusses models such as the Forrester ́s Effect, the Efficient Supply Chain, Vendor managed inventory (VMI), Lean supply chain, Sales and operations planning (S&OP), Continuous replenishment program (CRP), the Agile supply chain, Efficient consumer response (ECR), Collaborative planning, forecasting and replenishment (CPFR), Responsive supply chain, Bullwhip effect, Leagile supply chain, Supply chain risk management, Integrated Business Planning (IBP), Resilient supply chain, Customer driven supply chain, Demand driven supply chain, Business Case, Adaptive supply chain, and the wise supply chain.

Boards are Remarkably Good At Corporate Governance, and Yet Face the Flak For It Everybody who has spent any time with boards of directors lives and breathes corporate governance. The corporate governance process is designed and run with almost military precision to give effect to the legislative requirements and commercial exigencies with only a few board meetings a year. Due to the focused attention of some of the best people in the corporate world and significant budgetary allocation, the governance of what falls within the four walls of the company itself is done with a remarkable efficiency almost all the time. So, the natural question is why then such a lot of hoopla in the press about corporate governance. Where does it fail for the 3Ps (the press, the politicians, and the preachers from the NGOs) to make such a lot of noise about it? This question merits a little deeper exploration because almost all failures of corporate governance lie elsewhere. After visiting with numerous boards and having spent countless hours past midnight preparing board presentations, papers and submissions, we have become convinced that lack of corporate governance is not the real culprit in most cases. That infamy lies at the behest of supply chain governance.

Bachelor Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 2,0, University of Münster, language: English, abstract: The purpose of this paper is to answer this question: How great is the potential of sustainable supply chain management (SSCM) to impact a firm‘s competitiveness? In other words, can it be considered as something a firm can implement to influence their competitiveness and if so in which way and strength? To assess this, first a theoretical background will be given on SSCM as well as a definition for the underlying concept of competitiveness for this thesis in chapter 2. In chapter 3 an overview of practices that can be accounted to SSCM will be outlined and complemented by research findings that cover the influence of SSCM practices on corporate competitiveness. Factors that are also of relevance to ultimately determine the potential of SSCM shall be included as well. To this theoretical perspective the examination of two practical examples shall be added in chapter 4 in order to be able to discuss the magnitude of SSCM’s potential to impact corporate competitiveness in chapter 5. Finally, concluding remarks, the final answer to the initial question as well as an outlook for the future development will be given in chapter 6. Sustainable supply chain management (SSCM) is a growing field of research as well as already implemented by several firms. In order to help a firm determine if SSCM should be considered as something to implement the question shall be answered if and in which magnitude SSCM holds potential for a firm’s competitiveness. Competitiveness is deter-mined by the chosen sources of cost savings, image and customer loyalty as well as human resources and innovation. Through a review of literature existing influences of SSCM practices on competitiveness have been collected and other factors to consider determined. Two practical examples are also given. Two main findings have been made: Mainly positive influences of SSCM practices on defined sources of competitiveness could be found; hence potential of SSCM for corporate competitiveness exists. Taken into consideration the aforementioned factors SSCM’s potential for corporate competitiveness is high, if SSCM itself is successfully implemented, if the firm acts as first mover and if it acts now.