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Toc Approach for Supply Chain Performance Enhancement
Brijesh Ainapur, Ritesh Singh, P.R.Vittal
Pages - 163 - 178     |    Revised - 01-11-2011     |    Published - 15-12-2011
Volume - 2   Issue - 4    |    Publication Date - November / December 2011  Table of Contents
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.
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Mr. Brijesh Ainapur
Dr. Ritesh Singh
Dr. P.R.Vittal