The Idea in Brief The holy grails of supply chain management are high speed and low cost--or are they? Though necessary, they aren't sufficient to give companies a sustainable competitive advantage over rivals. Consider these...
We all know RFID is going to change our industry. But we don't know how much, or how soon. To make robust investment decisions we need a better understanding of new technologies' evolutionary journeys. After the Internet, RFID (radio-frequency identification) technologies have become the most talked about innovation that...
Building Supply Chain Excellence in Emerging Economies Edited by Hau L. Lee and Chung-Yee Lee Springer Science+Business Media, 2007 $99, 465 pages ISBN: 0-387-38428-6 To...
Two operational formats namely mass customization and mass production can be implemented to satisfy customer preference-based demand. The mass customization system consists of two stages: the initial build-to-stock phase and the final customize-to-order phase. The mass production system has a single stage: building products with pre-determined specifications to stock. In...
Wireless News08-30-2005People in Wireless News: TrueDemand Updates on Advisory BoardWIRELESS NEWS-August 30, 2005-People in Wireless News: TrueDemand Updates on Advisory Board C2005 10Meters - http:// www.10meters.com TrueDemand Software, a provider of RFID-enabled enterprise applications, announced the members of its Advisory Board. The Advisory Board encompasses supply chain and RFID...
The business press has been filled with visions of what RFID can deliver. And some managers have been fascinated by the technology's promise, with early adopters rushing into pilots to test its power. Yet the real RFID story is blurred by confusion and misinformation. This article...
The Practice of Supply Chain Management: Where Theory and Application Converge, edited by Terry P. Harrison, Hau L. Lee, and John J. Neale. Kluwer Academic Publishers, 101 Philip Drive, Assinippi Park, Norwell, Massachusetts 02061. 2003. Pp. 356. ISBN 1-4020-7441-7. Supply chain management, as...
A Thought Leadership Compilation The Practice of Supply Chain Management: Where Theory and Application Converge edited by: Terry P. Harrison, Hau L. Lee, and John J. Neale Kluwer Academic Publishing, 2003 ISBN: 1-4020-7441-7 356 pages, $155 To order: visit www.wkap.nl/prod/b/1-4020-7441-7 of any...
Color R (mature themes, violence), 98 min., VHS or DVD $24.99, Cantonese and Thai with English subtitles DVD: featurette Street: Oct. 21, Prebook: now First Run: L. Int'l., Aug. 2002, NA Cast: Angelica Lee Sum-Kit Lawrence Chou, Chutcha Rujinanon, Candy Lo Hau-Yam Time and Tide...
NOVEMBER 12, 2003 11:00am-4:00pm ET Join Supply Chain Management Review on November 12th for the Global Supply Chain Conference, an intensive professional development forum. Learn from major practitioners and thought leaders who will share their expertise and real-world case studies on subjects critical...
Stanford University professor Hau L. Lee and Michael Wolfe of the North River Consulting Group make that case in their article "Supply Chain Security Without Tears" in the January/February issue of Supply Chain Management Review. By applying the principles of total quality management, the authors write,...
SHORT-TERM E-PROCUREMENT STRATEGIES VERSUS LONG-TERM CONTRACTS* In this paper we compare the following procurement strategies based on their expected costs: strategic partnership, which is based on a long-term relationship with a single supplier; online search, which is a short-term strategy; and a combined strategy, which is some combination of...
A truly integrated supply chain does more than reduce costs. It also creates value--for the company, its supply chain partners, and its shareholders. The foundation of integration is information sharing. Coordination is the next dimension. Then come the organizational linkages that enable sharing of risks, costs,...
Business Editors eLink2002 PLEASANTON, Calif.--BUSINESS WIRE--April 3, 2002 World Renowned Supply Chain Management Professor Hau L. Lee and NBA Superstar Magic Johnson to Keynote Today Commerce One (Nasdaq: CMRC), the Business Internet Company, announced that it expected more than 300...
This paper considers a class of assembly systems with long cycle times low volume of output and highly expensive components or subassemblies. Systems such as these are typical for companies in the aerospace industry assembling missiles and airplanes. As each unit of the product moves along the assembly line, its...
We study an instance of a general production problem called the `matching problem', which involves extremely tight mating tolerances for assembly. Situations exist in industry where the production equipment used to produce components cannot meet the tolerances required for assembly. In these situations components are often sorted into different size...
Vinod and Solberg (1985) address an optimization problem within the framework of a closed queueing network model for a Flexible Manufacturing System FMS. The above problem is referred to as the Optimal System Configuration Problem of an FMS. The optimization parameters in the problem are the number of machines at...
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