Abstract
Supply chain managers are trying to maximize the profitable operation of their manufacturing and distribution supply chain, but due to global competition in process industries and complexities of the supply chain processes together with large computational times, it has made optimization of supply chain management (SCM) quite difficult. Recently, Knowledge management (KM) is a new important information technology-based business paradigm for achieving competitive advantage, and it is no surprise that it has received so much attention from researchers. This paper therefore deploys Pinch Analysis, a practicable tool that entails less complex mathematics compared to many other optimization tools, to manage critical knowledge generated in supply chains. In this study, demand and supply explicit knowledge from the organization was represented as composites for the pinch analysis. The developed system gave supply chain managers new insights into SCM and thus aiding quick decision-making and on the overall helped to achieve the much needed competitive advantage.
Highlights
Literature ReviewKnowledge management KM has become an important component of enterprise information systems
The rest of the paper is organized as follows
Chain managers are trying to maximize the profitable operation of their manufacturing and distribution supply chain, but due to global competition in process industries and complexities of the supply chain processes together with large computational times, it has made optimization of supply chain management (SCM) quite difficult
Summary
Knowledge management KM has become an important component of enterprise information systems. It consists of a number of organizations – beginning with suppliers, who provide raw materials to manufacturers, which manufacture products and keep those manufactured goods in the warehouses. Marketing, distribution, planning, manufacturing, and the purchasing organizations along the supply chain operated independently. Many manufacturing operations are designed to maximize throughput and lower costs with little consideration for the impact on inventory levels and distribution capabilities The result of these factors is that there is not a single, integrated plan for the organization. The goal of supply chain management is to integrate suppliers, manufacturers, warehouses, and stores efficiently, so that merchandise is produced and distributed in the right quantities, at the right locations, and at the right times The goal of supply chain management is to integrate suppliers, manufacturers, warehouses, and stores efficiently, so that merchandise is produced and distributed in the right quantities, at the right locations, and at the right times (Singhvi, A. (2002)
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