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Toc Approach for Supply Chain Performance Enhancement

Author

Listed:
  • Brijesh Ainapur

    (NELCAST LIMITED, India)

  • Ritesh Singh

    (BIT MESRA, India)

  • P.R.Vittal

    (UNIVERSITY OF MADRAS, India)

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.

Suggested Citation

  • Brijesh Ainapur & Ritesh Singh & P.R.Vittal, 2011. "Toc Approach for Supply Chain Performance Enhancement," International Journal of Business Research and Management (IJBRM), Computer Science Journals (CSC Journals), vol. 2(4), pages 163-178, December.
    • Handle: RePEc:aml:intbrm:v:2:y:2011:i:4:p:163-178
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    References listed on IDEAS

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    3. Schniederjans, Marc J. & Garvin, Tim, 1997. "Using the analytic hierarchy process and multi-objective programming for the selection of cost drivers in activity-based costing," European Journal of Operational Research, Elsevier, vol. 100(1), pages 72-80, July.
    4. Kwak, N. K. & Lee, Changwon, 1998. "A multicriteria decision-making approach to university resource allocations and information infrastructure planning," European Journal of Operational Research, Elsevier, vol. 110(2), pages 234-242, October.
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    Cited by:

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    2. R Chitra & N L Balasudarsun & M Sathish & R Jagajeevan, 2023. "Supply chain modelling in organic farming for sustainable profitability," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 69(6), pages 255-266.

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    More about this item

    Keywords

    TOC; SUPPLY CHAIN; SCOR MODEL;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

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