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From data collection to evaluation and visualization of prediction results, this book provides a comprehensive overview of the process of predicting demand for retailers.

This unique textbook explicitly addresses the intersection of advanced analytics and procurement. It is motivated by one core question: How can firms generate (economic) value from procurement data? It demonstrates that procurement is one of the major functions within a firm where data analytics, artificial intelligence, and operations research can successfully be leveraged to reduce cost and risk and to achieve resilience and sustainability goals.The book provides a methods-based overview of data-driven optimization of purchasing decisions. Besides presenting key concepts and applications, it particularly focuses on implementation, so as to help (future) procurement managers and data scientists quickly evaluate the value generated by a given data-driven solution. What sets this textbook apart is its combination of rigorous, state-of-the-art methodologies from academic research and first-hand experience from various application-oriented consulting projects in a range ofindustries. Though primarily intended for graduate students with a major in procurement and supply chain management, the book will also benefit purchasing managers with and without specific knowledge of advanced analytics techniques, and data scientists with and without specific experience in procurement.

This book provides a comprehensive overview of recent developments in network dynamics and control with applications to supply chains, manufacturing and logistics systems. It systemizes these developments in the form of new taxonomies and methodological principles to shape the research domain of supply network dynamics control. Uniquely, the book links the fundamentals of control and system theories and artificial intelligence with supply chain and operations management. It addresses the needs of researchers and practitioners alike, revealing the challenges and opportunities of supply chain and operations management by means of dynamic system analysis.

This book showcases how the latest and most advanced types of analytical modeling and empirical analysis can help to create value in the global supply chain. Focusing on practical relevance, it shares valuable management insights and addresses key issues in operations management (OM), demonstrating how past research has led to various practices and impacts, while also exploring the aspirations of the latest research. It presents current research on various topics such as global supply chain design, service supply chains, product design, responsible supply chains, performance and incentives in operations, data analytics in health services, new business models in the digital age, and new digital technology advances such as blockchain. In addition, it presents practical case studies on the aforementioned topics.Beyond the value of its contents, the book is intended as a tribute to Professor Morris Cohen, who has been a major contributor to advancing the research frontier in operations management and a driving force in shaping the field.Given its scope, the book will appeal to a wide readership, from researchers and PhD students to practitioners and consultants.

This book provides insights from research and practice in how organizations were able to sustain resilience in their global supply chains during the COVID-19 pandemic and to advance the understanding of supply chain risk management. The chapters highlight the lessons learned, insist on new models for resilience, suggest improved supply chain risk methodologies and bridge the gap between research and practice. It helps readers acquire greater knowledge, strategic approaches, new methods, and practical tools for ensuring global supply chain resilience.

Every global crisis highlights the strategic importance of industrial and non-profit supply chains for society. In terms of coping with unforeseen and unpredictable events, supply chain resilience enables the parties and networks involved to stay successful during and after the disruption. Furthermore, a resilient supply chain contributes to the sustainable competitive advantage of the entire value chain.Written by scholars and practitioners alike, this book not only puts forward a new framework for resilience in supply chain management, but also presents best practice cases from various areas and industries. As a particular highlight, it includes a Delphi study that gathers state-of-the-art insights from supply chain leaders.In addition to practical approaches, methods and tools, the book also offers food for thought on the future of supply chain resilience. As such, it offers a valuable resource for current and future managers in the public and private sector, as well as researchers and students engaged in this field.

This book focuses on three essential elements of agricultural supply chains: Planting and Growing, Processing and Selling, and Government Interventions. For decades, most agricultural economists applied macro-economic theory in decisions pertaining to the optimization of food production and distribution. However, few researchers used micro-economic theory to examine how individual farmers respond to market information, incentive pricing mechanisms and different market structures in the trade of agricultural goods. Examining challenges in agricultural supply chain operations through the lens of micro-economic theory is imperative because it can enable policymakers and social enterprises to develop and design market information provision policy, incentive contracts and market structures for improving farmer and consumer welfare.In each chapter, contributing authors motivate their research questions by providing the context and articulating the importance of their questions.They present their analysis to examine the respective research questions and explain their results. At the end of each chapter, they provide a short list of future research questions.

This book analyses and proposes solutions to one of the core challenges faced in the Maintenance, Repair and Operations (MRO) supply chains in the oil and gas industry, a field that is currently impacted by low oil prices, emerging technologies and a societal transition to cleaner energies. It describes the end-to-end nature of the oil and gas supply chain, and challenges paradigms and accepted ways of working within the industry - such as wastes driven by broken interfaces, naivete regarding supply chains, and the practice that considers re-organisation to be the answer to these challenges - and identifies opportunities to shift this paradigm towards reliability and value. Moreover, the book shares the authors' front-line experience and encourages readers to consider deploying the solutions presented in their own contexts. The insights from the book's 12 modules are based on personal experiences and are industry-generic, allowing them to be transferred to other MRO supply chains. Readers are encouraged to use this book as a reference for their own supply chain transformations.The book is primarily intended for practitioners, including chief operating officers, chief financial officers, chief supply chain officers, engineers and heads of procurement, purchasing, operations, and materials management.

The book identifies the challenges and opportunities arising from the shift towards responsible business operations and examines these issues through the lenses of operations management, emphasizing the supply chain transformations associated with these changes.

This book examines the challenges and opportunities arising from an assortment of technologies as they relate to Operations Management and Finance.

This book aims to revisit the "traditional" interaction between channel strategies and the marketing mix in a connected world.

This book is primarily intended to serve as a research-based textbook on sustainable supply chains for graduate programs in Business, Management, Industrial Engineering, and Industrial Ecology, but it should also be of interest for researchers in the broader sustainable supply chain space, whether from the operations management and industrial engineering side or more from the industrial ecology and life-cycle assessment side.Finding efficient solutions towards a more sustainable supply chain is increasingly important for managers, but clearly this raise difficult questions, often without clear answers. This book aims to provide insights into these kinds of questions for students and practitioners, based on the latest academic research.

This book aims to revisit the "traditional" interaction between channel strategies and the marketing mix in a connected world.

Thisbook highlights what it takes to be successful in identifying and executing environmentalresponsibility from an operational perspective. It provides cutting-edgeresearch from globally recognized field experts. It is a useful resource for practitionersto explore why and how firms engage in environmentally responsible operations,but also a valuable resource for academics as an introductory reference thatprovides direct exposure to key environmental operational problems faced bymany firms today. This book can also be used as an introductory reading forstudents with varying educational backgrounds - from business school students interestedin environmental issues to environmental scientists interested in obtaining abusiness perspective - as it provides a broad scope of key issues at theinterface of operations management and environmental and social responsibility.EnvironmentallyResponsible Supply Chainsis structured in a modular fashion, with each chapter introducing and analyzinga specific timely topic, allowing readers to identify the chapters that relateto their interests. More specifically, the book distinguishes between two keydrivers of environmentally responsibility: Profit and Regulatory compliance.The book is divided into five sections. The first three sections of the bookexplore profit driven environmental responsibility, and provide examples as towhere the motives for environmentally responsible business practices come from,where business opportunities are, and what operational perspectives are key toprofitability. The last two sections of the book focus on regulation as adriver of environmental responsibility and identify motives, opportunities, oroperational perspectives as to effective regulatory compliance. Ultimately the book introduces the reader to the fundamentals of sustainable operations and highlights the latest research on the topic.

Sharing accurate and timely supply and demand information throughout a supply chain can yield significant performance improvements to all members of the supply chain.

The world of retailing has changed dramatically in the past decade. Sales originating at online channels have been steadily increasing, and even for sales transacted at brick-and-mortar channels, a much larger fraction of sales is affected by online channels in different touch points during the customer journey. Shopper behavior and expectations have been evolving along with the growth of digital channels, challenging retailers to redesign their fulfillment and execution processes, to better serve their customers. This edited book examines the challenges and opportunities arising from the shift towards omni- channel retail. We examine these issues through the lenses of operations management, emphasizing the supply chain transformations associated with fulfilling an omni-channel demand.The book is divided into three parts. In the first part, ¿Omni-channel business models¿, we present four studies that explore how retailers are adjusting their fundamental business models to the new omni-channel landscape. The second part, ¿Data-driven decisions in an omni-channel world¿, includes five chapters that study the evolving data opportunities enabled by omni-channel retail and present specific examples of data-driven analyses. Finally, in the third part, ¿Case studies in Omni-channel retailing¿, we include four studies that provide a deep dive into how specific industries, companies and markets are navigating the omni-channel world.Ultimately, this book introduces the reader to the fundamentals of operations in an omni-channel context and highlights the different innovative research ideas on the topic using a variety of methodologies.

Even with our increased knowledge of supply chain risk, being in the era of lean supply chain practices, digitally managed global supply chains, and closely interconnected networks, firms are exposed as ever to supply chain uncertainties that can damage, or even destroy, their ability to compete in the marketplace.

This edited book examines the challenges and opportunities arising from today's sharing economy from an operations management perspective. Individual chapter authors present state-of-the-art research that examines the general impact of sharing economy on production and consumption; the intermediary role of a sharing platform; crowdsourcing management; and context-based operational problems.Sharing economy refers to a market model that enables and facilitates the sharing of access to goods and services. For example, Uber allows riders to share a car. Airbnb allows homeowners to share their extra rooms with renters. Groupon crowdsources demands, enabling customers to share the benefit of discounted goods and services, whereas Kickstarter crowdsources funds, enabling backers to fund a project jointly. Unlike the classic supply chain settings in which a firm makes inventory and supply decisions, in sharing economy, supply is crowdsourced and can be modulated by a platform. The matching-supply-with-demand process in a sharing economy requires novel perspectives and tools to address challenges and identify opportunities.The book is comprised of 20 chapters that are divided into four parts. The first part explores the general impact of sharing economy on the production, consumption, and society. The second part explores the intermediary role of a sharing platform that matches crowdsourced supply with demand. The third part investigates the crowdsourcing management on a sharing platform, and the fourth part is dedicated to context-based operational problems of popular sharing economy applications."While sharing economy is becoming omnipresence, the operations management (OM) research community has begun to explore and examine different business models in the transportation, healthcare, financial, accommodation, and sourcing sectors. This book presents a collection of the state-of-the-art research work conducted by a group of world-leading OM researchers in this area. Not only does this book cover a wide range of business models arising from the sharing economy, but it also showcases different modeling frameworks and research methods that cannot be missed. Ultimately, this book is a tour de force - informative and insightful!" Christopher S. Tang Distinguished Professor and Edward Carter Chair in Business Administration UCLA Anderson School of Management

This book is the first to focus on sustainable supply chain management in the fashion industry and is therefore a pioneering text on this topic.In the fashion industry, disposable fashion under the fast fashion concept has become a trend.

Sharing accurate and timely supply and demand information throughout a supply chain can yield significant performance improvements to all members of the supply chain.

Thisbook highlights what it takes to be successful in identifying and executing environmentalresponsibility from an operational perspective. It provides cutting-edgeresearch from globally recognized field experts. It is a useful resource for practitionersto explore why and how firms engage in environmentally responsible operations,but also a valuable resource for academics as an introductory reference thatprovides direct exposure to key environmental operational problems faced bymany firms today. This book can also be used as an introductory reading forstudents with varying educational backgrounds - from business school students interestedin environmental issues to environmental scientists interested in obtaining abusiness perspective - as it provides a broad scope of key issues at theinterface of operations management and environmental and social responsibility.EnvironmentallyResponsible Supply Chainsis structured in a modular fashion, with each chapter introducing and analyzinga specific timely topic, allowing readers to identify the chapters that relateto their interests. More specifically, the book distinguishes between two keydrivers of environmentally responsibility: Profit and Regulatory compliance.The book is divided into five sections. The first three sections of the bookexplore profit driven environmental responsibility, and provide examples as towhere the motives for environmentally responsible business practices come from,where business opportunities are, and what operational perspectives are key toprofitability. The last two sections of the book focus on regulation as adriver of environmental responsibility and identify motives, opportunities, oroperational perspectives as to effective regulatory compliance. Ultimately the book introduces the reader to the fundamentals of sustainable operations and highlights the latest research on the topic.

This book is the first to focus on sustainable supply chain management in the fashion industry and is therefore a pioneering text on this topic.In the fashion industry, disposable fashion under the fast fashion concept has become a trend.

This book lays the foundations for quality modeling and analysis in the context of supply chains through a synthesis of the economics, operations management, as well as operations research/management science literature on quality.