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asheville Tagged Articles
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Are Multiple Supply Chains Important (Survey Response 4)
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| A 2006 Report made the following statement:
"Designing and operating multiple supply networks to meet the needs of specific market segments--supply chain innovation and the use of multiple supply chains will be important to future revenue and market share growth."
Based on your own experience is this an accurate assessment? If yes, why? If no, why? |
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How does the complexity theory apply to business? (A Brief Dialogue)
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| Member Question:
Has anyone applied complexity theory to business in a practical way?
Asheville, U.S.
My Response:
The chaos theory and butterfly effect are interesting concepts in terms of the “complexity” of business.
Over a number of years and through funding from the Government of Canada’s Scientific Research and Experimental Development (SR&ED) Program I developed a theory called strand commonality.
In the area of supply chain practice for example (although the term “chain” is a misnomer in that it implies a sequential architecture instead of the synchronized architecture that represents the dynamic characteristics of different stakeholders within the real-world), one seeks to understand the unique operating attributes of individual stakeholders using an agent-based model.
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Other asheville Related Articles
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How does the complexity theory apply to business? (A Brief Dialogue)
| |
| Member Question:
Has anyone applied complexity theory to business in a practical way?
Asheville, U.S.
My Response:
The chaos theory and butterfly effect are interesting concepts in terms of the “complexity” of business.
Over a number of years and through funding from the Government of Canada’s Scientific Research and Experimental Development (SR&ED) Program I developed a theory called strand commonality.
In the area of supply chain practice for example (although the term “chain” is a misnomer in that it implies a sequential architecture instead of the synchronized architecture that represents the dynamic characteristics of different stakeholders within the real-world), one seeks to understand the unique operating attributes of individual stakeholders using an agent-based model.
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