Wong, Wai Peng and Jaruphongsa, Wikrom and Lee, Loo Hay and Wong, Kuan Yew (2007) A preliminary study on using Data Envelopment Analysis (DEA) in measuring supply chain efficiency. International Journal of Applied Systemic Studies , 1 (2). pp. 188-207.
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Abstract
This paper illustrates the use of Data Envelopment Analysis (DEA) in measuring supply chain efficiency. Two models were developed – Technical Efficiency (TE) model and Cost Efficiency (CE) model. The information obtained enable managers to identify inefficient operations and take appropriate actions for improvement. The opportunity cost serves as a good reference on resource allocations. The models are further enhanced with scenario analysis to derive more meaningful insights for resources planning. The study proves the usefulness of DEA as a decision-making tool in supply chain. Future research could look into the possibility of modelling DEA in a stochastic supply chain environment.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | data envelopment analysis; DEA; supply chain efficiency; technical efficiency; cost efficiency; allocative efficiency; opportunity cost; supply chain management; SCM; resource allocation; scenario analysis; resource planning. |
| Subjects: | T Technology > TJ Mechanical engineering and machinery |
| Divisions: | Mechanical Engineering |
| ID Code: | 6905 |
| Deposited By: | Mohamad Ali Duki |
| Deposited On: | 15 Dec 2008 09:42 |
| Last Modified: | 15 Dec 2008 09:42 |
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