{"title":"A Mean-Variance Disaster Relief Supply Chain Network Model for Risk Reduction with Stochastic Link Costs, Time Targets, and Demand Uncertainty","authors":"A. Nagurney, L. Nagurney","doi":"10.2139/ssrn.2646867","DOIUrl":"https://doi.org/10.2139/ssrn.2646867","url":null,"abstract":"In this paper, we develop a mean-variance disaster relief supply chain network model with stochastic link costs and time targets for delivery of the relief supplies at the demand points, under demand uncertainty. The humanitarian organization seeks to minimize its expected total operational costs and the total risk in operations with an individual weight assigned to its valuation of the risk, as well as the minimization of expected costs of shortages and surpluses and tardiness penalties associated with the target time goals at the demand points. The risk is captured through the variance of the total operational costs, which is relevant to the reporting of the proper use of funds to stakeholders, including donors. The time goal targets associated with the demand points enable prioritization as to the timely delivery of relief supplies. The framework handles both the pre-positioning of relief supplies, whether local or nonlocal, as well as the procurement (local or nonlocal), transport, and distribution of supplies post-disaster. The time element is captured through link time completion functions as the relief supplies progress along paths in the supply chain network. Each path consists of a series of directed links, from the origin node, which represents the humanitarian organization, to the destination nodes, which are the demand points for the relief supplies. We propose an algorithm, which yields closed form expressions for the variables at each iteration, and demonstrate the efficacy of the framework through a series of illustrative numerical examples, in which trade-offs between local versus nonlocal procurement, post- and pre-disaster, are investigated. The numerical examples include a case study on hurricanes hitting Mexico.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129819344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Arrangement of Inventory Policies across Echelons of the Supply Chain for Minimization of Cost and Variance of Inventory","authors":"Venkata Dilip Kumar Pasupuleti","doi":"10.2139/ssrn.2864944","DOIUrl":"https://doi.org/10.2139/ssrn.2864944","url":null,"abstract":"A model is built to study the impact of the variance of demand on the supply chain inventory and also to identify the best arrangement of the inventory policy across the supply chain. The basic objective of Inventory management by an entity is either to prevent stock out or lock up of working capital. However, benefit of individual entity might not result in value to supply chain. A simulation study was undertaken on the four-echelon supply chain by varying demand at retailer echelon in phases from 10% to 70%. The best arrangement of inventory policy (choosing policy for each echelon from a choice of six familiar policies) across the supply chain is identified for attaining objective of minimization of either cost or variance. It is found that the both the demand flow and moving average policy are dominant inventory policies in attaining these objectives. Contemporary information of demand at retailer echelon drives the costs minimization and variance minimization of the supply chain. Study also identifies the best arrangement for the objective of cost minimization at the each echelon too. The arrangement of inventory policy identified for individual echelon benefit varies from the best arrangement identified for the supply chain benefit. This substantiates that the individual echelon benefit would be deterrent to the value of the supply chain.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114306539","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cascading Trade Protection: Evidence from the US","authors":"A. Erbahar, Y. Zi","doi":"10.2139/ssrn.2847007","DOIUrl":"https://doi.org/10.2139/ssrn.2847007","url":null,"abstract":"In a world with increasingly integrated global supply chains, trade policy targeting upstream products has unintended consequences on their downstream industries. In this paper, we examine whether protection granted to intermediate manufacturers leads to petition for protection by their downstream users. We first provide a simple model based on the quantitative framework of Ossa (2014) which identifies the key factors and their interactions that cause cascading protection to motivate our empirical analysis. Then, we test our model by identifying the input-output relationships among the time-varying temporary trade barriers of the US using its detailed input-output tables. As predicted by the theory, we find that measures on imported inputs increase the likelihood of their downstream users' subsequent trade remedy petition over the 1988-2013 period. Moreover, our simulation exercise shows that cascading protection can cause additional welfare losses, and hence we propose that trade policy investigations should take vertical linkages into account.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133590083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
C. Busse, M. Schleper, Jenny Weilenmann, Stephan M. Wagner
{"title":"Extending the Supply Chain Visibility Boundary: Utilizing Stakeholders for Identifying Supply Chain Sustainability Risks","authors":"C. Busse, M. Schleper, Jenny Weilenmann, Stephan M. Wagner","doi":"10.1108/IJPDLM-02-2015-0043","DOIUrl":"https://doi.org/10.1108/IJPDLM-02-2015-0043","url":null,"abstract":"Purpose – The purpose of this paper is to investigate how buying firms facing low supply chain visibility can utilize their stakeholder network to identify salient supply chain sustainability risks (SCSR). Design/methodology/approach – The study employs a design science approach to develop a procedural model for identifying SCSR as a new artifact. A small-scale field-testing study in a food supply chain of a Swiss retail firm demonstrates its applicability and pragmatic validity. Findings – When stakeholder knowledge external to the supply chain is regarded as a valuable resource, a generic understanding of a buying firm’s supply chain suffices to identify SCSR hotspots without creating complexity for the SCSR management. Research limitations/implications – The paper contributes to the study of SCSR by identifying mechanisms buying firms can employ to identify SCSR hotspots and fostering the nascent understanding of responsibility attribution by stakeholders. Moreover, the emerging theory of the supply chain is enriched by paving a way to extend the supply chain visibility boundary. The procedural model is presumably most useful in contexts of elevated stakeholder pressure and low supply chain visibility. Future research should seek to validate and improve the effectiveness of the newly designed artifact. Practical implications – The procedural model is directly applicable in corporate practice to the identification of SCSR. Moreover, its application fosters the understanding of a firm’s supply chain and its stakeholder network.originality/value – SCSR is an increasingly important phenomenon in corporate practice that has received only scarce research attention. The design science approach represents a valuable means for generating theoretical insights and emergent solutions to the real-world problem of SCSR identification.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128891829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Changing Role of Minerals in Society: Managing a Shift in Supply and Demand Centres","authors":"Saleem H. Ali","doi":"10.2139/ssrn.2817864","DOIUrl":"https://doi.org/10.2139/ssrn.2817864","url":null,"abstract":"This handbook chapter provides a broad synthesis of how minerals supply and demand is being reconfigured with resource constraints and ecological awareness. The role of new paradigms such as industrial ecology and the circular economy are also considered with clear suggestions on management trajectory for extractive industries.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114208513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Bonato, Rıza Demirer, Rangan Gupta, Christian Pierdzioch
{"title":"Gold Futures Returns and Realized Moments: A Forecasting Experiment Using a Quantile-Boosting Approach","authors":"M. Bonato, Rıza Demirer, Rangan Gupta, Christian Pierdzioch","doi":"10.2139/ssrn.2795445","DOIUrl":"https://doi.org/10.2139/ssrn.2795445","url":null,"abstract":"This paper proposes an iterative model-building approach known as quantile boosting to trace out the predictive value of realized volatility and skewness for gold futures returns. Controlling for several widely studied market- and sentiment-based variables, we examine the predictive value of realized moments across alternative forecast horizons and across the quantiles of the conditional distribution of gold futures returns. We find that the realized moments often significantly improve the predictive value of the estimated forecasting models at intermediate forecast horizons and across quantiles representing distressed market conditions. We argue that realized moments carry information that reflects investors’ tradeoff between diversification and skewed payoffs, particularly during periods of market stress, which may be especially relevant for gold as the traditional accepted safe haven.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127623683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"In Search of Efficient Networks Using Bilevel Evolutionary Optimization","authors":"G. Whittaker","doi":"10.2139/ssrn.2788307","DOIUrl":"https://doi.org/10.2139/ssrn.2788307","url":null,"abstract":"This study introduces a method for finding input and output values that result in efficiency for all decision making units (DMUs) in all stages of a production network. This method contrasts with the usual application of DEA for measurement of efficiency and comparison of decision making units. Two-stage data envelopment analysis (DEA) networks represent internal production processes, including inputs to each stage, intermediate variables that serve as outputs from one stage and inputs to another, and feedback among stages. A directed acyclic network is usually used for the measure of efficiency, but the presence of feedback requires an undirected network. The static network with feedback is important for analysis of recycling and re-use processes, but the measures in these cases are non-linear with multiple solutions. Here, a two-stage DEA network was defined as a bilevel optimization where the upper level maximized ParetoKoopmans efficiency while efficiency of each DMU in each stage was calculated in the lower level. In an application to published data from a two-stage network with feedback, hypervolumes were observed where every interior point was Pareto-Koopmans efficient. The Pareto-Koopmans hypervolume associated with the feedback network was modeled with a Bayesian network, and simulations from the model used to visualize efficient space. The use of Bayesian networks to generate virtual DMUs provided a computationally inexpensive method to explore the trade-offs among efficient networks to meet stakeholder preferences. Overall, this application of bilevel evolutionary optimization provides a novel method for solving nonlinear DEA problems with feedback.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127938907","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mining in Arctic and Non-Arctic Regions: A Socioeconomic Assessment","authors":"Anders Frederiksen, M. Kadenic","doi":"10.2139/ssrn.2769191","DOIUrl":"https://doi.org/10.2139/ssrn.2769191","url":null,"abstract":"In this paper, we study how mines change local societies in the Nordic countries with a particular focus on the Arctic region. Our study is based on register data at the municipality level from Norway, Sweden, and Finland for the period 1986 to 2013. The applied econometric model allows for identification of the total socioeconomic effects that occur throughout the mine’s life cycle. We find positive effects on local employment and reductions in unemployment and the number of people outside the labor force when a mine is opening up. We also detect significant shifts in the industry structure in the period around a mine opening and we find that mines attract young people and reduce crime rates. We do not find any effects on the local population size, the gender or education compositions, or fertility rates.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114672597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Natural Resource Conflicts as a Struggle for Space: The Case of Mining in Tanzania","authors":"Japhace Poncian, H. Kigodi","doi":"10.2139/ssrn.2697052","DOIUrl":"https://doi.org/10.2139/ssrn.2697052","url":null,"abstract":"Natural resource extraction in Africa has been characterised by conflicts between large scale and small scale miners on the one hand and large scale miners and the communities on the other. In some countries such as Sudan, Democratic Republic of Congo, Angola, Mozambique, Sierra Leone and Liberia, natural resources have bred political instability and civil wars. A great deal of academic discourse on resource conflicts in Africa focuses on greed, corruption, political struggles for state capture and control over resources, economic liberalisation policies for attracting foreign investors and creating conducive climate for them to invest their capital in natural resource extraction, and foreign forces. While recognising the significance of the above approaches in explaining resource conflicts in Africa, this paper aims at explaining resource conflicts as a struggle for space between the communities, artisanal and small scale miners and large scale foreign mining corporations. The paper, therefore, argues that natural resource extraction conflicts in Africa can well be understood if we approach them as a struggle for space. Data for this paper are drawn from secondary sources including academic literature, government reports, media reports and internet sources.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122501917","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Green-Field Architecture for Sustainable Supply Chain Strategy Formulation","authors":"P. Radanliev","doi":"10.20944/PREPRINTS201904.0116.V1","DOIUrl":"https://doi.org/10.20944/PREPRINTS201904.0116.V1","url":null,"abstract":"The focus of this paper is on supply chain strategy formulation. A conceptual theory approach is used for investigating and identifying the relationship between multiple elements, dimensions, forces and factors that influence and affect the supply chain strategy formulation in Greenfield context, specific to the slate mining industry. The research study involved secondary data review and series of 20 qualitative interviews, followed by 2 group discussions, one with mining and transportation experts external to the supply chain and one group discussion with supply chain internal experts. Through critical analysis, a number of problems emerge and the process of addressing these problems, results in a new framework for evaluating the relationship between business and supply chain strategy, specific to Greenfield project and integration design context.","PeriodicalId":301337,"journal":{"name":"Social Responsibility in Production & Supply Chain Management eJournal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126734248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}