Valuing time in supply chains: Establishing limits of time-based competition

Journal of Operations Management

Volumn 30, Issue 5, 2012, Pages 396-405

  Blackburn, Joseph ^a  

^a VANDERBILT UNIVERSITY   (United States)

Author keywords

Inventory costs; Make to stock supply chains; Marginal value of time; Time based competition

Indexed keywords

COST BENEFIT ANALYSIS; COSTS; INTERNATIONAL TRADE; INVENTORY CONTROL; LIFE CYCLE; SUPPLY CHAINS;

ANALYTICAL EXPRESSIONS; FUNCTIONAL PRODUCTS; GLOBAL SUPPLY CHAIN; INVENTORY COSTS; MAKE-TO STOCK SUPPLY CHAINS; MARGINAL VALUE OF TIME; TIME-BASED COMPETITION; VARIABLE PRODUCTION COSTS;

COMPETITION;

EID: 84860308844     PISSN: 02726963     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jom.2012.03.002     Document Type: Article

References (32)

1. G. Allon, A. Federgruen, and M. Pierson How much is a reduction of your customers' wait worth? An empirical study of the fast-food drive-thru industry based on structural estimation methods Manufacturing and Service Operations Management 13 4 2011 489 507
2. Arnold, B., 2008. How changes in the value of the Chinese currency affect US imports. Congressional Budget Office paper. http://ww.cbo.gob/ftpdocs/95xx/ doc9506/ChinaTOC.2.1.htm.
3. B.S. Bayus, S. Jain, and A. Rao Too little, too early: introduction timing and new product performance in the personal digital assistant industry Journal of Marketing Research 34 1997 50 63 (Pubitemid 127032805)
4. Bischak, D., Robb, D., Silver, E.A., Blackburn, J.D., 2011. Analysis and management of periodic review, order-up-to-level inventory systems with order crossover. Working Paper Owen Graduate School of Management, Vanderbilt University.
5. J. Blackburn Time-Based Competition: The Next Battleground in American Manufacturing 1991 Business One Irwin Homewood, IL
6. Blackburn, J.D., 2001. Limits of time-based competition: strategic sourcing decisions in make-to-stock manufacturing. Working Paper, Owen Graduate School of Management, Vanderbilt University, Nashville, TN.
7. J.D. Blackburn, V.D.R. Guide Jr., G.C. Souza, and L.N. Van Wassenhove Reverse supply chains for commercial returns California Management Review 46 2 2004 6 22 (Pubitemid 38388104)
8. G. Callioni, X. de Montros, R. Slagmulder, L.N. Van Wassenhove, and L. Wright Inventory-driven costs Harvard Business Review 83 3 2005 135 141 (Pubitemid 40345893)
9. F. Caro, and V. Martinez-de-Albeniz The impact of quick response in inventory-based competition Manufacturing and Service Operations Management 12 3 2010 409 429
10. Fang, X., Zhang, C., Robb, D.J., Blackburn, J.D., 2012. Decision support for lead time and demand variability reduction, in press at Omega, http://dx.doi.org.10.1016/jomega.2012.03.005.
11. M.L. Fisher, and A. Raman Reducing the cost of demand uncertainty through accurate response to early sales Operations Research 44 11 1996 87 99 (Pubitemid 126669439)
12. M.L. Fisher What is the right supply chain for your product? Harvard Business Review 75 2 1997 105 116
13. C.H. Fine Clockspeed: Winning Industry Control in the Age of Temporary Advantage 1998 Perseus Books Reading, MA
14. G. Hadley, and T.M. Whitin Analysis of Inventory Systems 1963 Prentice-Hall Englewood Cliffs, NJ
15. R.B. Handfield Re-engineering for Time-based Competition: Benchmarks and Best Practices for Production R & D, and Purchasing 1995 Quorum Books Westport, CT
16. W.H. Hausman, H.L. Lee, G.R.E. Napier, A. Thompson, and Y. Zheng A process analysis of global trade management: an inductive approach Supply Chain Management 46 2 2010 5 29
17. A. Hill, and I. Khosla Models for optimal lead time reduction Production and Operations Management 1 2 1992 185 197
18. M. Holweg, A. Reichhart, and E. Hong On risk and cost in global sourcing International Journal of Production Economics 131 2011 333 341
19. A.V. Iyer, and M.E. Bergen Quick response in manufacturer-retailer channels Management Science 43 4 1997 559 570 (Pubitemid 127569856)
20. L. Kopczak, and H. Lee Hewlett-Packard Company: DeskJet Printer Supply Chain (A) 2004 Stanford Graduate School of Business Case GS-3A
21. P. Lederer, and L. Li Pricing, production, scheduling, and delivery-time competition Operations Research 45 3 1997 407 420 (Pubitemid 127684718)
22. R.H. Lowson Assessing the operational cost of offshore sourcing strategies International Journal of Production Management 13 2 2002 79 89
23. E.L. Porteus Investing in reduced setups in the EOQ model Management Science 31 1985 998 1010
24. R.W. Schmenner The merit of making things fast Sloan Management Review Fall 1988 11 17
25. W. Shang, and L. Liu Promised delivery time and capacity games in time-based competition Management Science 57 3 2011 599 610
26. K.C. So Price and time competition for service delivery Manufacturing and Service Operations Management 2 4 2000 392 409
27. G.C. Souza, B.L. Bayus, and H.M. Wagner New-product strategy and industry clockspeed Management Science 50 4 2004 537 549
28. G. Stalk Jr. Time - the next source of competitive advantage Harvard Business Review 66 4 1988 41 51
29. G. Stalk Jr., and T. Hout Competing Against Time 1990 The Free Press New York
30. R. Suri Quick Response Manufacturing: A Companywide Approach to Reducing Lead Times 1998 Productivity Press Portland, OR
31. J.E. Tyworth, and L. O'Neill Robustness of the normal approximation of lead-time demand in a distribution setting Naval Research Logistics Quarterly 44 1997 165 186 (Pubitemid 127592917)
32. P.H. Zipkin Foundations of Inventory Management 2000 McGraw-Hill New York