Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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Improving the Efficiency of SCM Process by Rearranging the Reorder Point

발주마감시간 변경을 통한 SCM Process 개선

  • Paik, Si-Hyun (YanBian University of Science and Technology, MIS)
  • 백시현 (중국연변과학기술대학교 상경학부 경영정보과)
  • Published : 2008.06.30
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Abstract

As competition shifts from being a company oriented one to a supply chain oriented, an effective SCM(supply chain management) becomes a necessary strategy for any successful businesses. But, it is not easy to form a successful SCM, because the individual desire of participants conflict with others. These desires affect the performance of SCM and cause waste of cost and time. Analyzing a supply chain of discount retailers, this paper eliminates idle time and improves the process with rearranging the reorder closing time(reorder point). For win-win strategy, this work reveals the reorder closing time is an important factor. It is possible to reduce cost and time on the entire SCM process by just changing the ordering time.

Keywords

References

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