Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /

Today's trends toward increasing industry consolidation, globalization and platform product strategies underscore the importance of strategic supply chain design as a major business imperative. In parallel, Real Options theory is replacing net present value as the central paradigm for large-scale investment planning. Applied to operations, the Real Options strategy enables a firm to profit from flexibility designed into its supply chain. Rob Smith quantifies the value of Real Options using an existing global supply chain designed to support world car vehicle platform production. The Real Options supply chain strategy is compared to four others prevalent in industry - Single Sourcing, Dual Sourcing, Local Content, and Centers of Excellence - and is demonstrated to yield superior financial results. The author presents an action plan for implementing Real Options as a guide to practitioners intent on exploiting the strategy's power to minimize foreign exchange risk and maximize the financial performance potential unique to global supply chain networks.

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Main Authors: Smith, Rob. author., SpringerLink (Online service)
Format: Texto biblioteca
Language:eng
Published: Wiesbaden : Deutscher Universitätsverlag, 2002
Subjects:Business., Management science., Production management., Business and Management., Operations Management., Business and Management, general.,
Online Access:http://dx.doi.org/10.1007/978-3-322-81407-4
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institution COLPOS
collection Koha
country México
countrycode MX
component Bibliográfico
access En linea
En linea
databasecode cat-colpos
tag biblioteca
region America del Norte
libraryname Departamento de documentación y biblioteca de COLPOS
language eng
topic Business.
Management science.
Production management.
Business and Management.
Operations Management.
Business and Management, general.
Business.
Management science.
Production management.
Business and Management.
Operations Management.
Business and Management, general.
spellingShingle Business.
Management science.
Production management.
Business and Management.
Operations Management.
Business and Management, general.
Business.
Management science.
Production management.
Business and Management.
Operations Management.
Business and Management, general.
Smith, Rob. author.
SpringerLink (Online service)
Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
description Today's trends toward increasing industry consolidation, globalization and platform product strategies underscore the importance of strategic supply chain design as a major business imperative. In parallel, Real Options theory is replacing net present value as the central paradigm for large-scale investment planning. Applied to operations, the Real Options strategy enables a firm to profit from flexibility designed into its supply chain. Rob Smith quantifies the value of Real Options using an existing global supply chain designed to support world car vehicle platform production. The Real Options supply chain strategy is compared to four others prevalent in industry - Single Sourcing, Dual Sourcing, Local Content, and Centers of Excellence - and is demonstrated to yield superior financial results. The author presents an action plan for implementing Real Options as a guide to practitioners intent on exploiting the strategy's power to minimize foreign exchange risk and maximize the financial performance potential unique to global supply chain networks.
format Texto
topic_facet Business.
Management science.
Production management.
Business and Management.
Operations Management.
Business and Management, general.
author Smith, Rob. author.
SpringerLink (Online service)
author_facet Smith, Rob. author.
SpringerLink (Online service)
author_sort Smith, Rob. author.
title Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
title_short Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
title_full Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
title_fullStr Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
title_full_unstemmed Global Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry /
title_sort global supply chain performance and risk optimization [electronic resource] : the value of real options flexibility demonstrated in the global automotive industry /
publisher Wiesbaden : Deutscher Universitätsverlag,
publishDate 2002
url http://dx.doi.org/10.1007/978-3-322-81407-4
work_keys_str_mv AT smithrobauthor globalsupplychainperformanceandriskoptimizationelectronicresourcethevalueofrealoptionsflexibilitydemonstratedintheglobalautomotiveindustry
AT springerlinkonlineservice globalsupplychainperformanceandriskoptimizationelectronicresourcethevalueofrealoptionsflexibilitydemonstratedintheglobalautomotiveindustry
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spelling KOHA-OAI-TEST:1758572018-07-30T22:54:18ZGlobal Supply Chain Performance and Risk Optimization [electronic resource] : The Value of Real Options Flexibility Demonstrated in the Global Automotive Industry / Smith, Rob. author. SpringerLink (Online service) textWiesbaden : Deutscher Universitätsverlag,2002.engToday's trends toward increasing industry consolidation, globalization and platform product strategies underscore the importance of strategic supply chain design as a major business imperative. In parallel, Real Options theory is replacing net present value as the central paradigm for large-scale investment planning. Applied to operations, the Real Options strategy enables a firm to profit from flexibility designed into its supply chain. Rob Smith quantifies the value of Real Options using an existing global supply chain designed to support world car vehicle platform production. The Real Options supply chain strategy is compared to four others prevalent in industry - Single Sourcing, Dual Sourcing, Local Content, and Centers of Excellence - and is demonstrated to yield superior financial results. The author presents an action plan for implementing Real Options as a guide to practitioners intent on exploiting the strategy's power to minimize foreign exchange risk and maximize the financial performance potential unique to global supply chain networks.1 Introduction -- 1.1 Motivation -- 1.2 Problem descriptions -- 1.3 Roadmap -- 2 Literature review - basic theories and key contributions -- 2.1 Foreign exchange theory -- 2.2 Foreign exchange risk management theory -- 2.3 Real Options -- 2.4 Global supply chain management -- 2.5 Recap of real option research and applications to date -- 3 Getting to Global - Building a Global supply chain Network Model -- 3.1 The GLBNET supply chain network structure -- 3.2 The process-based business case -- 3.3 The GLBNET Model description and formulation -- 3.4 Introducing Foreign Exchange uncertainty into the GLBNET Model -- 3.5 Real Options Evaluation Methodology -- 4 The cost and value of Real Options Flexibility -- 4.1 Real Options add flexibility to the GLBNET supply chain -- 4.2 Financial Performance - Flexibility makes money -- 4.3 Real Options is the most profitable supply chain strategy -- 4.4 The Face of Flexibility — Value Added and Material Spend allocations under different FX scenarios -- 5 A Real Options Action Plan -- 5.1 Are Real Options appropriate for my supply chain? -- 5.2 Real Options Action Plan -- 5.3 Focus on the engine for continuous improvement — flexibility -- 6 Areas for further research -- 6.1 Contributions of this work -- 6.2 Suggestions for further research -- 6.3 Outlook -- References -- Appendices -- GLBNET Model GAMS formulation -- Mathematical formulation of the GLBNET Model -- Example Executive Summary Report -- Example Executive Sourcing Report -- Example GLBNET Log File.Today's trends toward increasing industry consolidation, globalization and platform product strategies underscore the importance of strategic supply chain design as a major business imperative. In parallel, Real Options theory is replacing net present value as the central paradigm for large-scale investment planning. Applied to operations, the Real Options strategy enables a firm to profit from flexibility designed into its supply chain. Rob Smith quantifies the value of Real Options using an existing global supply chain designed to support world car vehicle platform production. The Real Options supply chain strategy is compared to four others prevalent in industry - Single Sourcing, Dual Sourcing, Local Content, and Centers of Excellence - and is demonstrated to yield superior financial results. The author presents an action plan for implementing Real Options as a guide to practitioners intent on exploiting the strategy's power to minimize foreign exchange risk and maximize the financial performance potential unique to global supply chain networks.Business.Management science.Production management.Business and Management.Operations Management.Business and Management, general.Springer eBookshttp://dx.doi.org/10.1007/978-3-322-81407-4URN:ISBN:9783322814074