modeling and simulation
Mohammad Reza Atefi; Reza Radfar; Ezzatollah Asgharizadeh
Abstract
Purpose – Organization managers tend to use an optimal and precise method to evaluate the performance of their organization by understanding the organization dynamics. The immediate research goal was to propose a dynamic model for the performance evaluation of a LARG supply chain with the balanced ...
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Purpose – Organization managers tend to use an optimal and precise method to evaluate the performance of their organization by understanding the organization dynamics. The immediate research goal was to propose a dynamic model for the performance evaluation of a LARG supply chain with the balanced scorecard (BSC) approach. Design/methodology/approach – In this study, dynamic simulations are carried out for the performance evaluation of a supply chain. At first, a strategy map was designed, and measures are identified for each strategic objective considering the LARG supply chain measures. Afterward, a quantitative dynamic model was designed to identify the mathematical relationships among them. Findings – The proposed model is implemented in a company operating in the automotive industry. Based on the company’s strategic objectives, scenarios were designed and analyzed to evaluate the performance of the LARG supply chain with the balanced scorecard approach. Research limitations/implications – The BSC- based LARG supply chain evaluation has been studied for the auto part manufacturer sector. The different industry may lead to different results as the model designed important in each sector may differ as well as how each model is designed.Originality/value – The dynamic model enables managers to identify the determinants of the supply chain performance and set the scene for the necessary decisions by analyzing the possible scenarios in advance.
Morteza Shafiee
Abstract
In today's competitive and global economy, the life and activity of the organization is determined by the ability to compete and adopt the most appropriate policy against environmental changes. In this regard, the knowledge about the performance of all aspects of the organization is vital for management ...
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In today's competitive and global economy, the life and activity of the organization is determined by the ability to compete and adopt the most appropriate policy against environmental changes. In this regard, the knowledge about the performance of all aspects of the organization is vital for management decisions. Although extensive studies has been carried out in evaluating the performance of organizations through the balanced scorecard (BSC), but there are defects such as focusing on a one-way causality, ignoring the replacement between indexes and between the four-way, and equality between weighted value of indexes. In the present study, focusing on the casual relationships between factors and also between the direction and strength of these relationships, we tried to improve the balanced scorecard method. To do this, first all the relationships between the four dimensions of BSC were determined using fuzzy cognitive map, and it was then used to obtain a network structure, which was used later to create a network data envelopment analysis (NDEA) model. Finally, this model was used to evaluate the performance in Maskan Bank of Fars province. The results show that between 82 branches investigated, 15 branches were efficient and the others inefficient.
