Abstract
The main ambition of a supply chain manager is to ensure correct flows of goods and information through all the supply chain nodes to guarantee the right goods in the right place at the right time. To achieve these results, it is very important to consider the flow of items and finances to and from supply chain nodes, which is generated by market demand and productive capacity. In line with a supply chain manager’s objective, this paper presents an overview of supply chain modeling methodologies, and analyzes the applicability of current methods and tools to model econometric systems for supply chain planning.
Keywords
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Badell M, Romero J, Huertas R et al (2004) Planning, scheduling and budgeting value-added chains. Comput Chem Eng 28:45–61
Badell M, Fernandez E, Guillen G et al (2007) Empowering financial tradeoff with joint financial and supply chain planning models. Math Comput Model 46:12–23
Bertel S, Fenies P, Roux O (2008) Optimal cash flow and operational planning in a company supply chain. Int J Comput Int Manuf 21:440–454
Chung KJ, Lin SD (2011) The inventory model for trade credit in economic ordering policies of deteriorating items in a supply chain system. Appl Math Model 35:3111–3115
Comelli M, Fenies P, Tchernev N (2008) A combined financial and physical flows evaluation for logistic process and tactical production planning: application in a company supply chain. Int J Prod Econ 112:77–95
Cruz JM, Nagurney A, Wakolbinger T (2007) Financial engineering of the integration of global supply chain networks and social networks with risk management. Nav Res Log 53:674–696
Georgiadis MC, Aaron AL, Tsiakisc P et al (2005) Optimisation based scheduling: A discrete manufacturing case study. Comput Ind Eng 49:118–145
Gong Z (2007) An economic evaluation model of supply chain flexibility. Eur J Oper Res 184:745–758
Grossmann I (2005) Enterprise wide optimization: a new frontier in process systems engineering. AIChE J 51:1846–1857
Guiffrida AL, Jaber MY, Rzepka RA (2007) An economic model for justifying the reduction o deliver. INFOR Inform Syst Oper Res 46:147–153
Guillen G, Badell M, Puigjaner L (2007) A holistic framework for short-term supply chain management integrating production and corporate financial planning. Int J Prod Econ 106:288–306
Guillen G, Badell M, Espuna A et al (2006) Simultaneous optimization of process operations and financial decisions to enhance the integrated planning/scheduling of chemical supply chains. Comput Chem Eng 30:421–436
Gupta S, Dutta K (2011) Modeling of financial supply chain. Eur J Oper Res 211:47–56
I-Ping H, Chiuh-Cheng C (2009) A biobjective economic model for a two-level supply chain production process. In: Proceedings of international conference on computers & industrial engineering, CIE 2009, pp 881–885
Jeong S, Han J (2012) Integrated supply chain and finance model for value maximization of a firm with multi-divisions. Information 15(12C):5985–5998
Jin SH, Jeong SJ, Kim KS (2017) A linkage model of supply chain operation and financial performance for economic sustainability of firm. Sustainability 9(1):139
Laınez JM, Guillén-Gosàlbez G, Badell M et al (2007) Enhancing corporate value in the optimal design of chemical supply chains. Ind Eng Chem Res 46:7739–7757
Laínez JM, Puigjaner L, Reklaitis GV (2009) Financial and financial engineering considerations in supply chain and product development pipeline management. Comput Chem Eng 33:1999–2011
Lee H, Pinto JM, Grossmann IE et al (1996) Mixed integer linear programming model for refinery short term scheduling of crude oil unloading with inventory management. Ind Eng Chem Res 35:1630–1641
Longidinis P, Georgiadis MC (2011) Integration of financial statement analysis in the optimal design of supply chain networks under demand uncertainty. Int J Prod Econ 129:262–276
Mahata GC, Mahata P (2011) Analysis of a fuzzy economic order quantity model for deteriorating items under retailer partial trade credit financing in a supply chain. Math Comput Model 53:1621–1636
Naraharisetti PK, Karimi IA, Srinivasan R (2008) Supply chain redesign through optimal asset management and capital budgeting. Comput Chem Eng 32:3153–3169
Puigjaner L, Guillén-Gosálbez G (2014) Bridging the gap between production, finances, and risk in supply chain optimization. Process Syst Eng 3–7:1–44
Ramezani M, Kimiagari AM, Karimi B (2014) Closed-loop supply chain network design: a financial approach. Appl Math Model 38:4099–4119
Romero J, Badell M, Bagajewicz M et al (2003) Integrating budgeting models into scheduling and planning models for the chemical batch industry. Ind Eng Chem Res 42:6125–6134
Shin T, Chen S, MacCarthy BL, Muyldermans L et al (2007) Supply chain grounded on information theory: A hierarchical economic information filtering model of supplier selection. In: IEEE proceedings on industrial engineering and engineering management, pp 1471–1475
Sodhi MS, Tang CS (2009) Modeling supply-chain planning under demand uncertainty using stochastic programming: a survey motivated by asset–liability management. Int J Prod Econ 121:728–738
Smith NR, Martinez-Flores JL (2007) Discrepancies in solutions between traditional and net present value formulations of finite horizon, discrete time economic lot size problems. Int J Prod Res 45:5731–5741
Tian-jian Y (2009) Financial performance analysis of e-collaboration supply chain under retailer’s stock disruption. In Proc Int Conf Inform Technol Comput Sci ITCS 2:608–612
Xu L (2006) An integrated supply chain planning model for manufacture firm based on logistics chain. IEEE Proc Int Conf Ser Syst Ser Managet 1:589–593
Xue X, Zeng Z (2009) The modeling framework for collaborative economic organization: cluster supply chain. IEEE Int Conf Intell Comput Intell Syst ICIS 2:72–76
Zhang D (2006) A network economic model for supply chain versus supply chain competition. Omega 34:283–295
Acknowledgment
This research has been carried out within the framework of the project funded by the Spanish Ministry of Economy and Competitiveness entitled ‘Operations design and Management of Global Supply Chains’ (GLOBOP) (Ref. DPI2012-38061-C02-01).
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer International Publishing AG, part of Springer Nature
About this paper
Cite this paper
Curci, V., Mula, J., Díaz-Madroñero, M., Dassisti, M. (2019). An Overview of Supply Chain Planning That Integrates Financial Issues. In: Ortiz, Á., Andrés Romano, C., Poler, R., García-Sabater, JP. (eds) Engineering Digital Transformation. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-96005-0_37
Download citation
DOI: https://doi.org/10.1007/978-3-319-96005-0_37
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-96004-3
Online ISBN: 978-3-319-96005-0
eBook Packages: EngineeringEngineering (R0)