A mathematical approach to supply complexity management efficiency evaluation for supply chain
type: Item
instance of: scholarly article
title: A mathematical approach to supply complexity management efficiency evaluation for supply chain
zbMATH Open document ID: 1394.90095
DOI: 10.1155/2015/865970
author: Changhee Kim
author: S.-W. Kim
published in: Mathematical Problems in Engineering
publication date: 2018-08-27T00:00:00Z
review text: Summary: This study aims to identify the factors of complexity due to the globalization of supply chain and to measure the management efficiency of the factors which cause the supply complexity within supply chain. This study conducts an analysis to utilize linear programming and bootstrapping, targeting 12 Korean companies among the selected companies in Fortune Global 500. According to the results from the analysis, 4 companies with relatively high management efficiency of the factors which cause the supply complexity and 8 companies with relatively low management efficiency are found. The research findings reveal that public companies with the small number of products, factories, and providers relatively manage the supply complexity compared to private companies. Moreover, this study suggests projection point as a direction for relatively less efficient companies and excess quantity of input which should reduce for its achievement. This study also has an implication to establish a further standard of efficiency to manage the supply complexity for companies.
Mathematics Subject Classification ID: 90B06
zbMATH DE Number: 6927430
Wikidata QID: Q59119715
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2015/865970
OpenAlex ID: W2194120963
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description: scientific article; zbMATH DE number 6927430