Transcription of Value chain management for commodities: a case …
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Value chain management for commodities: a case …
OR SpectrumDOI ARTICLEV alue chain management for commodities : a case studyfrom the chemical industryM. Kannegiesser G nther P. van Beek M. Grunow C. Habla Springer-Verlag 2008 AbstractWe 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.
Value chain management for commodities large number of academic contributions, is not always realistic because the drivers behind the market development, e.g., development of crude oil prices, are ignored.
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