The focus of this paper is the age management of total supply chains through identifying how functional decline of ageing workforce influences time delays that could appear simultaneously. We highlight how introduction of a proper age management of human resources could support mitigating of a supply chain risk using the Net Present Value (NPV) approach in Extended Material Requirements Planning, where the simultaneous perturbations of timing influence the NPV. It is explained how to define a better structure of costs for human resources based on the known trajectory of functional decline of workers. The method for evaluation of impact of the structure of contributions to national and occupational pension schemes, health insurance schemes, long-term care insurance schemes and investments in workplace ergonomics is given. Established actuarial principles are used to link future age-related liabilities with current payroll contributions. We show how the introduction of an active age management in the decision support models of supply chains is essential to achieve sustainability and competitiveness.

AGE MANAGEMENT OF HUMAN RESOURCES

David Bogataj;
2017

Abstract

The focus of this paper is the age management of total supply chains through identifying how functional decline of ageing workforce influences time delays that could appear simultaneously. We highlight how introduction of a proper age management of human resources could support mitigating of a supply chain risk using the Net Present Value (NPV) approach in Extended Material Requirements Planning, where the simultaneous perturbations of timing influence the NPV. It is explained how to define a better structure of costs for human resources based on the known trajectory of functional decline of workers. The method for evaluation of impact of the structure of contributions to national and occupational pension schemes, health insurance schemes, long-term care insurance schemes and investments in workplace ergonomics is given. Established actuarial principles are used to link future age-related liabilities with current payroll contributions. We show how the introduction of an active age management in the decision support models of supply chains is essential to achieve sustainability and competitiveness.
2017
SOR '17 proceedings / The 14th International Symposium on Operational Research in Slovenia
978-961-6165-50-1
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11577/3270954
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