ECONOMIC IMPLICATIONS OF PROVIDING ORDER DRIVEN PRODUCTION WITH METALLURGICAL MATERIALS

1 VAVRA Jan
Co-authors:
1 PECINOVA Zuzana 1 BRANSKA Lenka
Institution:
1 University of Pardubice, Czech Republic, Pardubice, Czech Republic, EU, jan.vavra@upce.cz, zuzana.pecinova@upce.cz, lenka.branska@upce.cz
Conference:
24th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, June 3rd - 5th 2015
Proceedings:
Proceedings 24th International Conference on Metallurgy and Materials
Pages:
2026-2032
ISBN:
978-80-87294-58-1
ISSN:
2694-9296
Published:
12th January 2015
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
385 views / 157 downloads
Abstract

One of the objectives of the optimization of material, energy, information and financial flows in logistics and supply chains is ensuring economic efficiency of the activities carried out. The established manner of the flow in the chain and the method of carrying out logistics activities are, however, determined by the specific conditions prevailing in enterprises of the links involved. Chains operating on the basis of win-win approach take into account the specifics of the links involved; however it is the link with the greatest bargaining power in the chain that usually plays the decisive role in shaping the results. The paper describes the results of a primary research focused on the economic impact resulting from the implementation of production based on the build-to-order principle, requiring flexible provision of inputs. At the same time, it specifies the implications of this production in the cooperation with direct suppliers of steel material, who must adapt their supplies to this production while taking also into account the specifics of their own metallurgical production.

Keywords: Material management, inventory management, made-to-order, supply chain managemen

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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