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This paper makes a detailed analysis of purchasing management, pointing out the existing problems and optimizing the process, to improve the quality and reduce the cost of purchasing. Inventory management is also studied by elaborating the quantitative ordering method and its application in engineering; analyze the inventory cost control of construction enterprises with respect to supplier and inventory...
Industrial ecology suggests innovative pathways for re-use and recovery of waste streams, but efforts to establish eco-industrial networks have encountered both technical and institutional barriers. To help overcome these challenges, an Industrial Ecosystem Toolkit has been developed to quantify how such collaborative networks can reduce costs, employ assets more efficiently, increase revenue, reduce...
The logistics management of hospital materials is very important to ensure the normal operation and reduce operating costs. After analyzing the shortcomings of the traditional management mode of hospital materials, which is based on inventory-driven, a systematic and integrated logistics management mode of hospital materials based on the theory of JIT and SCM is established to reduce the total cost...
Supply chain is likely to output invisible cost when demand of products increasing. In this paper, we first consider a cooperative, two-stage supply chain consisting of three members: suppliers, manufacturer and distributers. Based on the simplified supply chain, we present an overview of cost which is relevant to manufacturer from upstream to downstream, also reveal the key factors that drive the...
In the market economy, the cost of purchasing is one of the factors affecting the profit, so apply the theory of ldquodominant strategyrdquo to the process of purchasing, the decision-makers can control the daily transaction of purchasing more smoothly, and thus to realize the purpose of controlling and reducing cost. Practice shows this model is fairly reasonable and scientific especially applying...
With increasingly intense competition many companies have extended the scope of their cost management activities across organizational boundaries. Supply chain cost reduction becomes a new source of achieving competitive advantage. Although interests in reducing supply chain cost are growing, few researches have been directed towards a systematic development of supply chain cost reduction. To reduce...
Economic assessment of manufacturing processes evaluates the effects of engineering-economics factors on the current and expected future cost performances in manufacturing. The relationships between those factors are usually specified in production economics models. In this study, a production economics model has been developed to predictively assess the cost effectiveness of liquid forging process...
This paper is to apply a new fuzzy multi objective approach for locating undesirable facilities and hazardous materials. This paper considers a location problem for collecting hazardous materials with two fuzzy parameters in multi objective decision making (MODM) environment. There are two objects in proposed model, first one emphasizes on minimizing total transportation cost and fixed cost, second...
This paper develops a process based cost model for warranty events and applies it to a number of product instances in the computer and related high tech businesses. It identifies the principle support dasiameta-processespsila that typically contributes >70% to the total cost of warranty. From this model the key warranty cost drivers are identified and the set of strategies are derived that product...
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