Toc Approach for Supply Chain Performance Enhancement

Brijesh Ainapur (), Ritesh Singh () and P.R.Vittal ()
Additional contact information
Brijesh Ainapur: NELCAST LIMITED, India
Ritesh Singh: BIT MESRA, India
P.R.Vittal: UNIVERSITY OF MADRAS, India

International Journal of Business Research and Management (IJBRM), 2011, vol. 2, issue 4, 163-178

Abstract: Field of Supply Chain Management witnessed rapid growth in recent past and proved to be a successful tool for organizations growth. Success of supply chain improvement initiative lies in selection of appropriate Key Performance Indicators (KPIs) using best suitable supply chain framework. These KPI’s are to be measured, monitored and controlled with proper review mechanism. This study presents a methodology for identification of the constraint KPI from the supply chain metrics. Selection of the KPI’s is done using Supply Chain Operations Reference (SCOR) framework. Analytical Hierarchy Process (AHP) is used for decomposing the goal into micro level for analyzing and prioritizing KPIs. Subsequently, benchmarking study is carried by comparing foundry industry KPIs with global best practice industry average. Goal Programming function is formulated using AHP ratings and solved using WINQSB software. Finally Theory of Constraint (TOC) management philosophy is applied for finding the constraints for supply chain performance enhancement.

Keywords: TOC; SUPPLY CHAIN; SCOR MODEL (search for similar items in EconPapers)
JEL-codes: M0 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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