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6 Resources for

inefficiency

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Supply Chain Collaboration Checkup
Collaboration can eliminate inefficiencies for all parties, but collaborative planning and execution among trading partners is daunting. Short-term projects can be a realistic route to prepare for more strategic collaboration efforts. Through collaboration, buyers and sellers can simultaneously eliminate inefficiencies from their supply chains. But given the growing complexities of...
Tags: Supply chain management (SCM), Groupware, Montgomery Research Inc., inefficiency, supply chain, collaboration
White papers 2005-08-17
A Recursive Thick Frontier Approach To Estimating Production Efficiency
We introduce a new panel data estimation technique for cost and production functions: the Recursive Thick Frontier Approach (RTFA). RTFA has two advantages over existing thick frontier methods. First, technical inefficiency is allowed to be dependent on the explanatory variables of the frontier model. Secondly, no distributional assumptions are imposed...
Tags: Inefficiency, Recursive Thick Frontier Approach, Productivity
White papers 2005-03-01
Default Swap Faults
From the executive summary: ‘It is no secret that banks' use of credit default swaps relies on inefficiency in markets. The inefficiency is defined as asymmetric information, which arises whenever a buyer or seller has more information about a product or service than his counterpart does, which can provide the...
Tags: CFO Publishing Corp., inefficiency, bank
White papers 2004-10-01
Modeling Of Supplier-Customer Relations In Supply Chains
In the paper we analyze supplier-customer relations in supply chains. Information asymmetry is one of the most powerful sources of inefficiency. Information technology has lead to communication, coordination and cooperation among units in supply chains. Building of different types of strategic partnerships and different type of contracts among participants can...
Tags: Supply chain management (SCM), supply chain, inefficiency, modeling, partnership, information technology
White papers 2004-05-20
Tracking Efficiency
The progress of manufacturers in achieving supply chain inefficiencies is similar, in some respects, to evolution as it occurs in the animal kingdom. Some crawl along and get eaten alive by their competitors. With the proper investments, process improvements and technology, it's possible to remove inefficiencies from the manufacturing supply...
Tags: Advanstar Communications, process improvement, supply chain, manufacturing
White papers 2002-12-01
Dynamic Processes of Social and Economic Interactions: On the Persistence of Inefficiencies
This paper considers the efficiency and convergence properties of dynamic processes of social and economic interactions such as exchange economies, multilateral negotiations, merger and divestiture transactions, or legislative bargaining. The key general feature of the economy is that agents can implement any move from one state to another as long...
Tags: Corporate law, Real estate, Financial accounting, Knowledge@Wharton, inefficiency, divestiture, agent, negotiation, merger
White papers 2001-01-01

Additional Resources

Creating Supply Chain Value With Cycle Time and Inventory Yield
A supply chain is not a series of links forged together for a common purpose. That is a nice image. However it minimizes the reality of the chain and how each link in that chain must design its own logistics process to function within the chain. As a result, there...
Tags: Supply chain management (SCM), supply chain, inefficiency, logistics, SCM, cost reduction
White papers
Regulation And Measuring Cost Efficiency With Panel Data Models
This paper examines the application of different parametric methods to measure cost efficiency of electricity distribution utilities. The cost frontier model is estimated using four methods: Displaced Ordinary Least Squares, Fixed Effects, Random Effects and Maximum Likelihood Estimation. Different specifications are compared with regards to the estimation of cost frontier...
Tags: estimation, specification
White papers 2003-01-01
Time Management on the Fly
There will always be more things to do than there is time to do them. That's where prioritizing and time management skills come into play. Without these skills, each individual just moves from one thing to another at random, without direction or purpose. That leads to important tasks that may...
Tags: EzineArticles.com, time management
White papers 2006-07-03
The Small Farm Revolution
American agriculture is in crisis. Until recently, the crisis had been a quiet one. No one wanted to talk about it. Thousands of farm families were being forced off the land, but people were being told by the agricultural establishment that their exodus was inevitable - in fact, was a...
Tags: University of Missouri
White papers 2002-01-03
Importance Of Logistics And Supply Chain Management
There can be various reasons for supply chain inefficiency such as inventories are out of balance, inventory does not turn as fast as more sophisticated competitors, promotions cannot be executed efficiently or lack of historical data prevents identification of consumer trends. Refer the article to know the various steps and...
Tags: Supply chain management (SCM), Inbound Logistics, supply chain, SCM, logistics
White papers 2003-03-01
A New Era for Content: Protection, Potential, and Profit in the Digital World
The authors' believe that many companies could be more profitable if they collected money left on the table through inefficiency and opportunities not taken and if they invested those funds in solutions, such as DRM, that prevent further revenue leakage via piracy. The purpose of this paper is to accelerate...
Tags: PricewaterhouseCoopers Consulting, digital-rights management
White papers 2003-10-03
How Does Your Call Center Grow?
People tend to focus on local concerns instead of the global process needs of customers. Sub-processes evolve within departments without consideration of other functional areas. Layers of communications and management are created to ensure desired outcomes, thereby adding to costs and lengthening cycle and customer response times. Subsequently, inefficiency and...
Tags: PRIMEDIA Business Corp., competitive advantage
White papers 2001-07-01
Business Process Management: How to Orchestrate Your Business
Companies used to coordinate activities through the company manually. This resulted in inefficiency and errors in the operational process and often led to difficulties in improving the process itself. Organizations are increasingly focusing on the implementation of Business Process Management (BPM) solutions for the purpose of improving functional efficiency and...
Tags: Operational planning, Business process automation, BPM, business process
White papers 2005-07-09
Corrective Services Industries Review Of Competitive Issues And Production inefficiency In Correctional Industries
Correctional industries have several major functions, including assistance in inmate rehabilitation and to assist in reducing the cost of prison operations. This paper reviews only one aspect of correctional industries, namely the productivity of correctional industries, and the comparison of that productivity to the productivity of equivalent industries in the...
Tags: Strategy, industry, workplace
White papers 2007-01-15
Making SPC work
Making statistical process control (SPC) work is a lot easier than we think. When it does work, it is a powerful tool for identifying process change that can be responsible for lost production, manufacturing inefficiency, dissatisfied customers and above all high production costs. But at first we have to get...
Tags: manufacturing, tool
White papers 2000-03-01
Capital Ideas: Cashing In On Currency
From the executive summary: ‘The inefficiency of currency markets is said to stem from the disparate motives of the various market players. In those markets, for instance, there are corporations trading goods, tourist spending money abroad, investors seeking international exposure, and central bankers hatching monetary policy. There are few other...
Tags: CFO Publishing Corp.
White papers 2005-02-17
What Drives Supply Chain Behavior?
To err is human, but most research on supply chain management doesn't take psychological, functional, incentive-related, and other biases into account. The authors have devised their latest research to learn how such behavioral dynamics can affect the making of forecasts as well as decisions about inventory. According to the authors...
Tags: Supply chain management (SCM), Harvard University, supply chain, SCM, incentive
White papers 2004-06-07
Disorganization Due to Forbearance of Debt Restructuring
This paper proposes a simple model of persistent stagnation due to the forbearance of restructuring corporate-debt overhang (Debt Forbearance). The purpose of this model is to explain the disappointing performance of the Japanese economy in the 1990s, and to point out the macroeconomic inefficiency possibly caused by the forbearance of...
Tags: Performance management, performance
White papers 2001-03-22
Anomalies and Market Efficiency
Anomalies are empirical results that seem to be inconsistent with maintained theories of asset-pricing behavior. They indicate either market inefficiency (profit opportunities) or inadequacies in the underlying asset-pricing model. After they are documented and analyzed in the academic literature, anomalies often seem to disappear, reverse, or attenuate. This raises the...
Tags: Reed Elsevier Inc., anomaly, theory
White papers 2003-06-04
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