No coin nor oath required. For personal study only.
Supply chain management (SCM) is considered a critical strategy for effectively competing in the 21 st century. Successful companies are not only able to reduce production cost by eliminating non-value added activities, but also create a new set of market capabilities that are difficult to replicate. In particular, the Build to Order Supply Chain (BOSC) model is now being actively pursued in several different industries. One of the first successful BTO companies was Dell computer, which gained market share by building customized computers using the Internet as an order fulfillment vehicle. In addition to Dell, BMW also allows customers to make any changes to their vehicle within 6 days of final assembly (including complete color changes, etc.). This allows BMW to build up to 550, 000 permutations of the Z3 vehicle 1 . BOSC can help companies to compete in global markets based on multiple competitive performance objectives. BOSC can be defined as the configuration of firms and capabilities in the supply chain that creates the greatest degree of flexibility and responsiveness to changing market/customer requirements in a cost effective manner. BOSC incorporates the characteristics of both Lean Production and Agile Enterprise strategies.
Studies of SCM have focused primarily on outsourcing, supplier development, managing the inventory bullwhip effect, and other strategies for reducing production cost. On the other hand, BOSC is flexible and responsive by incorporating certain characteristics of agile enterprise/organizations. An interesting proposition behind the BOSC model is how to resolve the conflict between lean manufacturing (long stable runs, stable schedules, etc.) principles with those of BOSC model that requires short runs, customer responsiveness and unstable schedules. Research on these issues could address (i) strategic planning, (ii) virtual enterprise, and (iii) knowledge and information technology.
Understanding the role of network of partners and the implications of knowledge and information technology in the value chain, this special issue of the Journal of Operations Management attempts to motivate further research in the areas of BOSC with the objective of helping companies with their agility and hence to be competitive in the 21 st century global market. The objective of this special issue is to generate research that proposes suitable strategies, relevant methods and technologies for the development of BOSC. Managing a new enterprise environment such as BOSC requires a control system, performance measures and metrics. These issues will be given special emphasis in the special issue.
๐ SIMILAR VOLUMES
Organization theory offers a wide variety of interesting and useful perspectives, including the resource-based view, the knowledge-based view, strategic choice theory, agency theory, institutional theory, and systems theory. The application of such theories to a phenomenon often provides greater und
Sustainability and industrial ecology require closing the loop of material and product flows. Grave concerns about local and regional impacts on air, ground and water pollution, and increased risk to health and safety of community residents from industrial activities have led to significant increase
Sustainability and industrial ecology require closing the loop of material and product flows. Grave concerns about local and regional impacts on air, ground and water pollution, and increased risk to health and safety of community residents from industrial activities have led to significant increase
Sustainability and industrial ecology require closing the loop of material and product flows. Grave concerns about local and regional impacts on air, ground and water pollution, and increased risk to health and safety of community residents from industrial activities have led to significant increase