A combined financial and physical flows evaluation for logistic process and tactical production planning: Application in a company supply chain
AbstractThis paper proposes an approach to evaluate tactical production planning in supply chains. The production panning evaluation is usually based on physical parameters (stock level, demand satisfaction, etc.). Adding financial evaluation to classical evaluation could be relevant. This paper proposes to implement Activity Based Costing (ABC), cost drivers, and payment terms in order to estimate cash flow created by supply chain tactical production planning. Links between financial and physical flow are done by the evaluation of production planning impact on indirect cost. This evaluation is made using logistic process activities. This kind of cost model could be integrated in supply chain software like advanced planning and scheduling (APS) tools. An application of this type of evaluation is done on a real industrial case study.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal International Journal of Production Economics.
Volume (Year): 112 (2008)
Issue (Month): 1 (March)
Contact details of provider:
Web page: http://www.elsevier.com/locate/ijpe
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gul, Ferdinand A., 2001. "Free cash flow, debt-monitoring and managers' LIFO/FIFO policy choice," Journal of Corporate Finance, Elsevier, vol. 7(4), pages 475-492, December.
- Senechal, O. & Tahon, C., 1998. "A methodology for integrating economic criteria in design and production management decisions," International Journal of Production Economics, Elsevier, vol. 56(1), pages 557-574, September.
- Graham, John R. & Harvey, Campbell R., 2001. "The theory and practice of corporate finance: evidence from the field," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 187-243, May.
- Salameh, M. K. & Abboud, N. E. & El-Kassar, A. N. & Ghattas, R. E., 2003. "Continuous review inventory model with delay in payments," International Journal of Production Economics, Elsevier, vol. 85(1), pages 91-95, July.
- Vidal, Carlos J. & Goetschalckx, Marc, 2001. "A global supply chain model with transfer pricing and transportation cost allocation," European Journal of Operational Research, Elsevier, vol. 129(1), pages 134-158, February.
- Spitter, J. M. & Hurkens, C. A. J. & de Kok, A. G. & Lenstra, J. K. & Negenman, E. G., 2005. "Linear programming models with planned lead times for supply chain operations planning," European Journal of Operational Research, Elsevier, vol. 163(3), pages 706-720, June.
- Satoglu, Sule Itir & Durmusoglu, M. Bulent & Dogan, Ibrahim, 2006. "Evaluation of the conversion from central storage to decentralized storages in cellular manufacturing environments using activity-based costing," International Journal of Production Economics, Elsevier, vol. 103(2), pages 616-632, October.
- Yair E. Orgler, 1969. "An Unequal-Period Model for Cash Management Decisions," Management Science, INFORMS, vol. 16(2), pages B77-B92, October.
- Beamon, Benita M., 1998. "Supply chain design and analysis:: Models and methods," International Journal of Production Economics, Elsevier, vol. 55(3), pages 281-294, August.
- Peter J. Billington & John O. McClain & L. Joseph Thomas, 1983. "Mathematical Programming Approaches to Capacity-Constrained MRP Systems: Review, Formulation and Problem Reduction," Management Science, INFORMS, vol. 29(10), pages 1126-1141, October.
- Gnoni, M. G. & Iavagnilio, R. & Mossa, G. & Mummolo, G. & Di Leva, A., 2003. "Production planning of a multi-site manufacturing system by hybrid modelling: A case study from the automotive industry," International Journal of Production Economics, Elsevier, vol. 85(2), pages 251-262, August.
- Hau L. Lee & V. Padmanabhan & Seungjin Whang, 1997. "Information Distortion in a Supply Chain: The Bullwhip Effect," Management Science, INFORMS, vol. 43(4), pages 546-558, April.
- Rink, David R. & Roden, Dianne M. & Fox, Harold W., 1999. "Financial management and planning with the product life cycle concept," Business Horizons, Elsevier, vol. 42(5), pages 65-72.
- Inderfurth, Karl & Schefer, Rainer, 1996. "Analysis of order-up-to-S inventory policies under cash flow market value maximization," International Journal of Production Economics, Elsevier, vol. 46(1), pages 323-338, December.
- Schneeweiss, Ch., 1998. "On the applicability of activity based costing as a planning instrument," International Journal of Production Economics, Elsevier, vol. 54(3), pages 277-284, May.
- Wang, Yung-Jang, 2002. "Liquidity management, operating performance, and corporate value: evidence from Japan and Taiwan," Journal of Multinational Financial Management, Elsevier, vol. 12(2), pages 159-169, April.
- Brown, Ward & Haegler, Urs, 2004. "Financing constraints and inventories," European Economic Review, Elsevier, vol. 48(5), pages 1091-1123, October.
- Boons, Arnick N. A. M., 1998. "Product costing for complex manufacturing systems," International Journal of Production Economics, Elsevier, vol. 55(3), pages 241-255, August.
- Tsai, Wen-Hsien & Lai, Chien-Wen & Tseng, Li-Jung & Chou, Wen-Chin, 2008. "Embedding management discretionary power into an ABC model for a joint products mix decision," International Journal of Production Economics, Elsevier, vol. 115(1), pages 210-220, September.
- Estampe, Dominique & Lamouri, Samir & Paris, Jean-Luc & Brahim-Djelloul, Sakina, 2013. "A framework for analysing supply chain performance evaluation models," International Journal of Production Economics, Elsevier, vol. 142(2), pages 247-258.
- Tsai, Chih-Yang, 2011. "On delineating supply chain cash flow under collectionrisk," International Journal of Production Economics, Elsevier, vol. 129(1), pages 186-194, January.
- Askarany, Davood & Yazdifar, Hassan & Askary, Saeed, 2010. "Supply chain management, activity-based costing and organisational factors," International Journal of Production Economics, Elsevier, vol. 127(2), pages 238-248, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.