H. Zijm, M. Klumpp, A. Regattieri, S. Heragu (Eds.)
Operations, Logistics and Supply Chain Management
Series: Lecture Notes in Logistics
Offers unique international perspectives from authors experienced in both research and industrial cooperation
Applies an international textbook approach with “three-level structure” per chapter: basic, advanced, state-of-the-art
Provides both an overview and a source on latest developments Features motivating case studies in many chapters
This book provides an overview of important trends and developments in logistics and supply chain research, making them available to practitioners, while also serving as a point of reference for academicians. Operations and logistics are cornerstones of modern supply chains that in turn are essential for global business and economics. The composition, character and importance of supply chains and networks are rapidly changing, due to technological innovations such as Information and Communication Technologies, Sensors and Robotics, Internet of Things, and Additive Manufacturing, to name a few (often referred to as Industry 4.0). Societal developments such as environmental consciousness, urbanization or the optimal use of scarce resources are also impacting how supply chain networks are configured and operated. As a result, future supply chains will not just be assessed in terms of costeffectiveness and speed, but also the need to satisfy agility, resilience and sustainability requirements. To face these challenges, an understanding of the basic as well as more advanced concepts and recent innovations is essential in building competitive and sustainable supply chains and, as part of that, logistics and operations. These span multiple disciplines and geographies, making them interdisciplinary and international. Therefore, this book contains contributions and views from a variety of experts from multiple countries, and combines management, engineering as well as basic information technology and social concepts. More info >>>
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Chikan, A., Kovacs, E., Matyusz, Z., Sass, M., Vakhal, P.Inventories in National Economies
A Cross-Country Analysis of Macroeconomic Data
Provides a deeper understanding on the formation of inventories, structural relationships, and also the long-term characteristics of national economies. Introduces a new approach in the field of macroeconomic inventory studies. Uses multivariate statistics to evaluate long-term characteristics of inventory investments in developed countries.
More info >>>>
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Interest Rates and the Market for New Light Vehicles
by Adam Copeland / Federal Reserve Bank of New York George Hall / Brandeis University Louis Maccini / Johns Hopkins University
Abstract
We study the impact of interest rates changes on both the demand and supply of new light vehicles in an environment where consumers and manufacturers face their own interest rates. Through the estimation of a dynamic stochastic market equilibrium model, we find evidence that rate changes impact the economy through both households and manufacturers. Furthermore, manufacturers’ inventories play an important role amplifying and propagating the interest rate effects over time. A temporary 100 basis-point increase in both interest rates causes vehicle production to fall 12 percent and sales to fall 3.25 percent at an annual rate in the short run.
Keywords: interest rates, automobiles, inventories, Bayesian maximum likelihood.
JEL classification numbers: E44, G31.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2669834
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Launch of “Logistics and Supply Chain Innovation“ (book)
During a special dinner meeting on September 8, 2015, joined by more than 200 German companies in Dortmund, prof. dr. Henk Zijm (BETA/UT) launched the book “Logistics and Supply Chain Innovation – Bridging the Gap between Theory and Practice“. The meeting was part of the Zukunftscongress Logistik – Dortmunder Gespräche, which is held annually. The book discusses a large number of innovative projects which were carried out by the Dutch Institute for Advanced Logistics, DINALOG, of which Zijm served as scientific director until October 2014, and the Effizienzcluster LogistikRuhr, which is governed by the Fraunhofer Institut für Materialfluss und Logistik (Fraunhofer IML). The book is one of the results of a cooperation agreement signed between Dinalog and the Effizienzcluster/Fraunhofer IML in June 2014; that signing ceremony was attended by amongst others King Willem Alexander and Queen Maxima. The book contains forewords by the Dutch Minister of Infrastructure and the Environment, Mrs. Melanie Schultz van Haegen, and the Minister for Urban Development and Transport of North Rhine-Westphalia, Mr. Michael Groschek.
The book discusses in detail the need for sustainability in the logistics sector. A number of papers highlight each of five themes: Logistics and Sustainability, Urban Logistics, IT-developments, Value Chain management and Knowledge management. It is directed to both academic researchers and logistics and supply chain professionals. The editorial team responsible for the realization of the book was led by prof. dr. Henk Zijm and included prof. dr. Matthias Klumpp (University of Duisburg-Essen), prof. dr. Michael ten Hompel (Chairman of the Board of Fraunhofer IML) and prof. dr. Uwe Clausen (Member of the Board of Fraunhofer IML).
The book is available as hardcover and as e-book by Springer Publishing Company, Berlin. Further information can be retrieved via http://www.springer.com/de/book/9783319222875.
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Dear ISIR members:
First, let me wish all of you a healthy and happy holiday season. I hope that this email is not an imposition on you.
I have had several inquiries about the text Production and Operations Analysis, which many of you have used over the years. I am happy to announce that the seventh edition will appear in mid January 2015. The book is being published by Waveland Press out of Chicago. The ISBN number is 978-1-4786-2306-9.
This edition is a major revision of the sixth edition. First, I am happy to welcome Tava Olsen as my first co-author. Tava is well known to most of you as an active researcher in the operation management community. She holds an endowed chair at the University of Aukland in New Zealand. While virtually all of the material from the sixth edition has been retained, there are several significant revisions and additions. The chapter on aggregate planning has been revised and retitled to reflect a more modern and appropriate topic. The chapter on supply chains has been significantly revised, and a new chapter on services has been added. The Powerpoint slides have been updated as well.
The first edition of the text was published in 1989 by Richard D. Irwin. Thanks so much to those of you that have adopted the book and sent me suggestions for improvements. Versions of earlier editions are available in Spanish, Hebrew, and Chinese. The book has been used at more than one hundred of universities around the world.
Ordering information and examination copies may be obtained from Don Rosso at djr@waveland.com. International sales will be handled by Waveland as well. Please feel free to contact me directly at snahmias@scu.edu if you need additional information.
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Steven Nahmias
MSOM and INFORMS Fellow
OMIS Department
Santa Clara University
Santa Clara, CA 95053
Phone: 408-554-4918
Fax: 408-554-2331
Email: snahmias@scu.edu
Office: 316Q Lucas Hall
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