Value chain management for commodities: a case …

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OR SpectrumDOI ARTICLEValue chain management for commodities : a case studyfrom the chemical industryM. Kannegiesser G nther P. van Beek M. Grunow C. Habla Springer-Verlag 2008AbstractWe present a planning model for chemical commodities related to anindustry case. commodities are standard chemicals characterized by sales and supplyvolatility in volume and Value . Increasing and volatile prices of crude oil-dependentraw materials require coordination of sales and supply decisions by volume and valuethroughout the Value chain to ensure profitability. Contract and spot demand differen-tiation with volatile and uncertain spot prices, spot sales quantity flexibility, spot salesprice quantity functions and variable raw material consumption rates in productionare problem specifics to be considered.

M. Kannegiesser et al. and supply decisions throughout the value chain. A two-phase optimization approach supports robust planning ensuring minimum profitability even in case of worst-case

  Management, Supply, Chain, Planning, Value, Commodities, Value chain management for commodities, And supply