Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms＇ com...Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms＇ competitive advantage in relation to cost leadership strategy. Consequently, firms have implemented contemporary cost management systems, such as activity-based management, business process re-engineering, life-cycle costing, target costing, and theory of constraint （TOC）, to enable them to become low-cost producers and compete effectively and sustain their performance. Furthermore, focusing on cost management to improve profitability has led to the integration of activity-based costing （ABC） and TOC. Therefore, the aim of this study is to review literature and discuss how integration of ABC and TOC can result in improved and sustained cost management. While these methods have different approaches in addressing cost management, treating them as complementary cost management approaches can result in improved cost management due to improved product costing, improved cost reporting, improved product-mix decisions, and improved cycle-time management. Improvement in cost management will then result in sustained cost management. Sustained cost management is further enhanced with the investment in information customer and shareholder value technology that supports cross-functional decision making to continue creating to remain competitive in the market.展开更多
Manufacturing of ship piping system is one of the major production activities in shipbuilding.The schedule of pipe production has an important impact on master schedule of shipbuilding.In this research,the theory of c...Manufacturing of ship piping system is one of the major production activities in shipbuilding.The schedule of pipe production has an important impact on master schedule of shipbuilding.In this research,the theory of constraints(TOC) concept is introduced to solve the scheduling problems of piping factory,and an intelligent scheduling system is developed.The system integrates a product model,an operation model,a factory model and a knowledge database of piping production and can make the process planning and production scheduling automatically.In the paper,details of above points are discussed.Moreover,an application of the system in a piping factory,which achieves a higher level of performance as measured by tardiness,lead time and inventory,is demonstrated at the end of the paper.展开更多
Due to the rapid progress of information technology, organizations anticipate significant changes in the planning, scheduling, and optimization aspects of operation and supply chain management (SCM) shortly. Two prima...Due to the rapid progress of information technology, organizations anticipate significant changes in the planning, scheduling, and optimization aspects of operation and supply chain management (SCM) shortly. Two primary types of risk have an impact on supply chain management and design. The first group deals with the difficulties in matching supply and demand, whereas the second group deals with disruptions to regular business operations. The essay offers a theoretical framework that combines the cooperative efforts of risk assessment and mitigation, which are critical for effectively handling potential supply chain interruptions. This content provides insightful viewpoints on the strategic resources and operational structure needed to improve organizational success. We utilized the partial least squares (PLS) method to address the problem of multicollinearity and measurement mistakes in examining cause-and-effect constructs. The statistical method, Least Squares (PLS), used in structural equation modeling, is based on partial variance. The Partial Least Squares (PLS) strategy uses a two-stage estimate procedure to calculate weights, loadings, and route estimations. Initially, several simple and complex regressions were performed with the provided model. The procedure was repeated until a solution was found, resulting in a set of weights used to determine the latent variable scores. In the second step, non-iterative PLS regression yields loadings, path coefficients, mean scores, and location parameters. According to the structural study, implementing Sustainable Supply Chain Management (SSCM) can significantly improve a business’s operational and financial performance. The findings offer a comprehensive understanding of several elements of supply chain management (SSCM), including information systems, organizational configurations, supply chain network architecture (SCND), and supply chain strategy (SCS). The supply chain is essential for effectively moving goods over great distances and encouraging cooperation between parties. Therefore, these connections are established precisely, quickly, and cheaply via a knowledgeable and efficient supply chain. Two key components are necessary for a supply chain (SC) to be successful: efficient collaboration and the smooth integration of information-sharing platforms.展开更多
文摘Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms＇ competitive advantage in relation to cost leadership strategy. Consequently, firms have implemented contemporary cost management systems, such as activity-based management, business process re-engineering, life-cycle costing, target costing, and theory of constraint （TOC）, to enable them to become low-cost producers and compete effectively and sustain their performance. Furthermore, focusing on cost management to improve profitability has led to the integration of activity-based costing （ABC） and TOC. Therefore, the aim of this study is to review literature and discuss how integration of ABC and TOC can result in improved and sustained cost management. While these methods have different approaches in addressing cost management, treating them as complementary cost management approaches can result in improved cost management due to improved product costing, improved cost reporting, improved product-mix decisions, and improved cycle-time management. Improvement in cost management will then result in sustained cost management. Sustained cost management is further enhanced with the investment in information customer and shareholder value technology that supports cross-functional decision making to continue creating to remain competitive in the market.
文摘Manufacturing of ship piping system is one of the major production activities in shipbuilding.The schedule of pipe production has an important impact on master schedule of shipbuilding.In this research,the theory of constraints(TOC) concept is introduced to solve the scheduling problems of piping factory,and an intelligent scheduling system is developed.The system integrates a product model,an operation model,a factory model and a knowledge database of piping production and can make the process planning and production scheduling automatically.In the paper,details of above points are discussed.Moreover,an application of the system in a piping factory,which achieves a higher level of performance as measured by tardiness,lead time and inventory,is demonstrated at the end of the paper.
文摘Due to the rapid progress of information technology, organizations anticipate significant changes in the planning, scheduling, and optimization aspects of operation and supply chain management (SCM) shortly. Two primary types of risk have an impact on supply chain management and design. The first group deals with the difficulties in matching supply and demand, whereas the second group deals with disruptions to regular business operations. The essay offers a theoretical framework that combines the cooperative efforts of risk assessment and mitigation, which are critical for effectively handling potential supply chain interruptions. This content provides insightful viewpoints on the strategic resources and operational structure needed to improve organizational success. We utilized the partial least squares (PLS) method to address the problem of multicollinearity and measurement mistakes in examining cause-and-effect constructs. The statistical method, Least Squares (PLS), used in structural equation modeling, is based on partial variance. The Partial Least Squares (PLS) strategy uses a two-stage estimate procedure to calculate weights, loadings, and route estimations. Initially, several simple and complex regressions were performed with the provided model. The procedure was repeated until a solution was found, resulting in a set of weights used to determine the latent variable scores. In the second step, non-iterative PLS regression yields loadings, path coefficients, mean scores, and location parameters. According to the structural study, implementing Sustainable Supply Chain Management (SSCM) can significantly improve a business’s operational and financial performance. The findings offer a comprehensive understanding of several elements of supply chain management (SSCM), including information systems, organizational configurations, supply chain network architecture (SCND), and supply chain strategy (SCS). The supply chain is essential for effectively moving goods over great distances and encouraging cooperation between parties. Therefore, these connections are established precisely, quickly, and cheaply via a knowledgeable and efficient supply chain. Two key components are necessary for a supply chain (SC) to be successful: efficient collaboration and the smooth integration of information-sharing platforms.
