Modeling and Analyzing the Inventory Level for Demand Uncertainty in the VUCA World: Evidence From Biomedical Manufacturer

Raghuram, P.; Bhupesh, S; Manivannan, Raghul; Anand, Pratibha; Sreedharan, V. Raja

doi:10.1109/tem.2022.3201440

Cited by 6 publications

(2 citation statements)

References 48 publications

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“…The optimization of the space mission supply chain is critical to ensure the efficient and continuous flow of resources and equipment needed for space exploration. Space agencies can reduce costs and optimize resource utilization by utilizing advanced logistics and supply chain management strategies such as demand forecasting, inventory optimization, and efficient transportation [77][78][79].…”

Section: Optimization Of the Space Mission Supply Chainmentioning

confidence: 99%

Space Mission Risk, Sustainability and Supply Chain: Review, Multi-Objective Optimization Model and Practical Approach

Sawik

2023

Sustainability

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This paper investigates the convergence of risk, sustainability, and supply chain in space missions, including a review of fundamental concepts, the introduction of a multi-objective conceptual optimization model, and the presentation of a practical approach. Risks associated with space missions include technical, human, launch, space environment, mission design, budgetary, and political risks. Sustainability considerations must be incorporated into mission planning and execution to ensure the long-term viability of space exploration. The study emphasizes the importance of considering environmental sustainability, resource use, ethical concerns, long-term planning, international collaboration, and public outreach in space missions. It emphasizes the significance of reducing negative environmental consequences, increasing resource use efficiency, and making responsible and ethical actions. The paper offers a multi-objective optimization conceptual model that may be used to evaluate and choose sustainable space mission tactics. This approach considers a variety of elements, including environmental effects, resource utilization, mission cost, and advantages for society. It provides a systematic decision-making approach that examines trade-offs between different criteria and identifies optimal conceptual model solutions that balance risk, sustainability, and supply chain objectives. A practical approach is also offered to demonstrate the use of the multi-criteria optimization conceptual model in a space mission scenario. The practical approach demonstrates how the model can aid in the development of mission strategies that minimize risks, maximize resource consumption, and fit with sustainability goals. Overall, this paper delivers a multi-criteria optimization conceptual model and provides a space mission planning practical approach, as well as an overview of the interaction between risk, sustainability, and supply chain in space mission organization, planning, and execution.

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Section: Optimization Of the Space Mission Supply Chainmentioning

confidence: 99%

Space Mission Risk, Sustainability and Supply Chain: Review, Multi-Objective Optimization Model and Practical Approach

Sawik

2023

Sustainability

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“…Some scholars refer to VUCA not regarding the general organizational environment but in terms of the specific business process or activity. In particular, (Raghuram et al, 2023) are addressing "the volatility in supplies, uncertainty in demand, complexity in getting the product and ambiguity in understanding the issues" for a biomedical manufacturer.…”

Section: Theoretical Background 21 Vuca Environmentmentioning

confidence: 99%

Untitled

2023

SPSUTOM

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The purpose of the article is to answer the question of how the challenges and problems of climate change translate into the realm of institutional solutions and strategic management at the local level. Design/methodology/approach: The article uses the method of analysis and criticism of the literature, making an analytical-synthetic account of the state of knowledge to date on the topic presented. In terms of processing the collected data, inductive and deductive, descriptive and monographic reasoning methods were used. Findings: Long-term strategies and investments in climate change adaptation as part of strategic management at the local level are essential to protect residents and urban infrastructure from the negative consequences of extreme weather. Practical implications: The presented study can help local government units make effective decisions related to environmental management at the local level. Social implications: The analysis presented can help in the process of identifying the benefits of strategic management with climate change adaptation issues. Originality/value: The presented study represents a new approach to interpreting the assumptions of environmental management systems in the context of supporting climate change adaptation activities from the perspective of strategic management in organizations and local government units.

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Predicting the Total Costs of Production Factors on Farms in the European Union

Martinho

2024

SpringerBriefs in Applied Sciences and Technology

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Modeling and Analyzing the Inventory Level for Demand Uncertainty in the VUCA World: Evidence From Biomedical Manufacturer

Cited by 6 publications

References 48 publications

Space Mission Risk, Sustainability and Supply Chain: Review, Multi-Objective Optimization Model and Practical Approach

Space Mission Risk, Sustainability and Supply Chain: Review, Multi-Objective Optimization Model and Practical Approach

Untitled

Predicting the Total Costs of Production Factors on Farms in the European Union

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