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Cost characterizations of supply chain delivery performance
Journal article   Peer reviewed

Cost characterizations of supply chain delivery performance

Alfred L. Guiffrida and Rakesh Nagi
International journal of production economics, Vol.102(1), pp.22-36
01/07/2006

Abstract

Improving delivery performance Justifying variance reduction
This paper addresses strategies for improving delivery performance in a serial supply chain when delivery performance is evaluated with respect to a delivery window. Contemporary management theories advocate the reduction of variance as a key step in improving the overall performance of a system. Models are developed that incorporate the variability found in the individual stages of the supply chain into a financial measure that serves as a benchmark for justifying the capital investment required to improve delivery performance within the supply chain to meet a targeted goal.

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