The Supply Chain Leaders board have developed a through process and set of criteria for selecting the winner in each category of awards:
- Best Supply Chain Executive in Denmark
- Best CBS HD-SCM Thesis
- Best CBS HD-SCM Business Project
- Best DTU Operations Management Thesis
Best Supply Chain Executive award selection criteria and process
A Top-25 list of nominees plus some additional runner-ups for the Best Supply Chain Executive award are selected based on the following set-up of criteria:
- Financial performance of company & supply chains (EBIT, ROCE or ROA, Inventory Turns, et cetera);
- Personal supply chain responsibility (span of control, depth of control, years of experience, education);
- Personal exposure (number of keynote speeches, interviews, written articles, et cetera);
- Expert & peer recognition (votes by executive recruiters & other senior supply chain peers);
The criteria are weighted equally. The internationally recognized headhunter company Inspired-Search is working closely with Martijn Lovfers to identify this initial Top-25 and will use the above criteria, further research and interviews to narrowed down the list. Together with the SCLF Board a winner will be selected and presented together with the Top-3 and Top-25 list at the event in September.
Best CBS and DTU award selection criteria and process
Based on learnings from similar MIT awards and previous years of SCLF CBS award criteria, the following concluding criteria are used to select a winner of each of the three student awards:
- Originality of problem (newness / innovation)
- Significance of findings (incl. optimisation potential for the case company)
- Quality of thesis overall (analysis, methods, developed models, presentation)
- General applicability of findings and methods (for other companies)
Up to nine reports (three in each of the three academic categories) will be nominated by the institutions based on having received a top grade (all have received the grade 12) and if more than three report exist in each category, the professors will judge solely and nominate the best three.
A registered censor with high academic and extensive business background and able to handle the reports content confidentially and professionally will read, evaluate and score the reports based on the above criteria. Each criterion will be scored with 0 – 5 points, all with same weight, i.e. 25%. The winner is the one with a maximum total points.
Presentation of the best CBS and DTU reports
Best DTU Operations Management Thesis
In recent years, there has been a shift from mass production to mass customization. Albeit their necessity, customizations bring an impact on certain business aspects which is difficult to measure, mainly due to the individual nature of each ETO company. This report attempts to solve this conundrum by developing a easily adjustable dynamic method for quantifying the customization’s complexity and measure their impact on multi-stakeholder performance parameters, such as cost and profitability. The result is a simple model with which the company can predict future impact of customizations on ETO products. The robustness and validity of the model is tested using case study data from a Danish press manufacturing company.
By Natalia Volani and Joseph Kurian
Supervisor: Lars Hvam, Professor and Sara Helene Markworth Johnsen, PhD student
The product life cycles are getting shorter and shorter. At the same time is the complexity of the supply chain increasing. The amount of data is also increasing, but to utilize these optimal in a production ramp-up they have to be fastly interpreted. For this, have we developed a tool in Excel based on data from SAP. The tools consist of a dashboard showing the most important KPI, an AHP/TOPSIS model for taking action against suppliers, and lastly a MRP part planning based on procurement lead times giving a very precise delivery date.
By Mathias Lassen and Christian Grønberg
Supervisor: Peter Jakobsen
Inventory management has become a topic of broad interest as a way for improving competitive performance through higher service levels at a lower cost. Inventory management strategies are numerous and the trade-off between centralization vs. decentralization of inventories is known as a suitable technique to balance inventory cost with service level. The food industry is one of the largest segments in the EU’s manufacturing sector and presents a challenging management of its supply chain due to its increasing complexity and changing environment. This project aims to understand how inventory centralization and decentralization strategies can help food companies managing its inventory in the most appropriate way. The research proposes a holistic decision making framework relevant in situations where several factors influencing centralization decisions are to be considered for defining the inventory management strategy in food firms.
By Nona Fortian Corts
Supervisor: Zaza Nadja Lee Herbert Hansen
Best CBS reports
Best CBS HD-SCM Thesis
Supplier vetting as a discipline in the drybulk shipping market was solely based on learning by doing, whilst supplier vetting literature contained no reference to service providers let alone shipping, which left a gap allowing this thesis to contribute to supplier vetting theory. This thesis set out to design a model that coupled relevant supply chain literature with the practice of supplier vetting, which resulted in a new model that works as a value adding decision making support as it structures the procedure and is flexible as well as user friendly. The designed model could with few adjustments add value in other markets too.
HD.SCM Thesis Author: Penille Lykke Kryger
HD.SCM Thesis Supervisor: Aseem Kinra
Many fast growing retailers have a large supplier base and don't work focused with the suppliers' performance or with relationship management. This means that the cooperation with suppliers aren't fully utilised and no clear supplier strategy exists; these lacks create a high variation in the sourcing and buying processes which results in lost value.
This thesis aims based on tried and tested theory to create a framework that maximises the value that the individual suppliers may contribute with. The framework makes sure that focus is on the critical suppliers and that these suppliers are measured on their attractiveness and on the strength of the relationship to them. Finally, it also provides the basis for uniform action plans that will make sure that valuable suppliers are retained and developed.
Authors: Jonas Theis Nielsen and Kasper Grove Sørensen
Supervisor: Kim Sundtoft Hald
Measuring performance is a key element in improvement strategies within supply chain. In EPC and construction supply chain management contributes increasingly to competitiveness providing the unrivalled advantage. Driving improvements requires a vast knowledge of the real value creating activities throughout the organization. The extremely dynamic and ever changing working environment makes identification of value creation a challenge in EPC and the construction industry in general.
This thesis provides a fundamental and vital understanding of the challenges of EPC. Secondly it focuses on the balance between activities and maps the interdependencies between the quality and use of data, supply chain performance and profitable project execution. Finally it applies existing theory to reveal the performance gaps and financial potential of successful implementation.
HD-SCM Thesis Author: Mads Rolaj Spangsberg
HD-SCM Thesis Supervisor: Niels Linsaa
Best CBS HD-SCM Business Project
In line with customers' increasing demand on products and services, quality management is a means to ensure corporate financial success through customer satisfaction and costs efficiency. As such, quality management should be an essential focus area for any given firm.
The purpose of this Business Project was to identify areas of optimization in relation to Ronald A/S’ quality management process and provide tools for continuous improvement thereof. In order to identify such areas of optimization, the project describes the focal company’s current quality management process and creates transparency for its quality related costs. A implementation plan is provided detailing recommended actions for Ronald A/S to achieve short and long term value opportunities.
Authors: Alison Maxwell, Kiki Kongsbak, and Mette Peitersen
Supervisor: Mohammad Asim
In May 2015 the IT reseller COMM2IG won the Public Tablet Tender 50.43, which makes the company the sole supplier of tablets and accessories to the 83 municipalities and 3 other public organizations that have signed up to the agreement. Because of tendencies towards decentralized customer procurement and COMM2IG is a captive buyer in respect to some of its suppliers, it has become increasingly problematic to forecast future demand levels and to ensure a stable supply. With an operational approach, the business project addresses, analyses and brings possible solutions to the challenges with balancing demand with supply, by applying standard SCM theories and models.
HD.SCM Business Project author: Robert Van der Valk
HD.SCM Thesis Supervisor: Mohammad Asim