• Title/Summary/Keyword: Demand chain management

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A Study on the Application of SCOR model for Integrated Defense Logistics System (군 통합물류체계 구축을 위한 SCOR모델 도입방안 연구)

  • Kim, Jeong-Hyeok;Choi, Seok-Cheol
    • Journal of the military operations research society of Korea
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    • v.31 no.1
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    • pp.73-92
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    • 2005
  • The SCOR(supply chain operations reference) model which is a management tool, has been developed to describe the business activities associated with all phases of satisfying a customer's demand. The model is able to successfully describe and provide a basis for supply chain improvement. In this paper, we review the SCOR model, the present status of the Korean defense logistics system, and suggest an application of the model for the integrated defense logistics system.

Simulation for the Decision-making Models of Supply Chain Inventory Management System (공급망 재고관리시스템의 의사결정모형을 위한 시뮬레이션)

  • Chen, Jinhui;Nam, Soo-tae;Jin, Chan-yong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.159-160
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    • 2021
  • From the simulation results, under the collaborative platform of big data based on coordination of the beer industry to mobilize the supply chain operation condition, supply chain direct logistics inventory are in a relatively stable value, and there is no zero inventory or even a serious lack of beer in the stock situations like traditional beer supply chain operation, which avoid the situation of demand information expansion caused by chain inventory levels report because of the serious lack of supply.

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A study about logistics costs reduction and improving work safety by way of stocking cart improvement and information sharing plan adopting the SCM theory (SCM 개념의 통합 정보공유 계획과 적재대차 개선을 통한 물류비 절감방안 및 작업안전성 개선에 대한 연구)

  • YANG DOOJIN;LEE CHANGHO;Lee Gong-Seop
    • Proceedings of the Safety Management and Science Conference
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    • 2005.05a
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    • pp.225-230
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    • 2005
  • A study is for the approach that we could reduce the logistics costs through uprising the efficiency, complying to the demand in time, stock management based on the general production plan in the point of SCM. We will take following steps to get the goal. First, we will overview the physical distribution expenses annually. Second, will find the main cause of optimal load loss by improper container and lack of delivery flexibility to the demand. Third, the goal will be inferred through the fast information share based on organic relationship, the establishment of general production plan, the improvement of stock management plan. By way of this process, it can be accomplished expense reduction as well as flexible establishment of the reduction of worker's load.

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A study about logistics costs reduction and improving work safety by way of stocking cart improvement and information sharing plan adopting the SCM theory (SCM 개념의 통합 정보공유 계획과 적재대차 개선을 통한 물류비 절감방안 및 작업안전성 개선에 대한 연구)

  • Yang Doo Jin;Lee Chang Ho
    • Journal of the Korea Safety Management & Science
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    • v.7 no.2
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    • pp.41-56
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    • 2005
  • A study is for the approach that we could reduce the logistics costs through uprising the efficiency, complying to the demand in time, stock management based on the general production plan in the point of SCM. We will take following steps to get the goal. First, we will overview the physical distribution expenses annually. Second, will find the main cause of optimal load loss by improper container and lack of delivery flexibility to the demand. Third, the goal will be inferred through the fast information share based on organic relationship, the establishment of general production plan, the improvement of stock management plan. By way of this process, it can be accomplished expense reduction as well as flexible establishment of the reduction of worker's load.

Evaluation of Quantity Discounts for Buyer's Stocking Risk

  • Shin, Ho-Jung;Benton, W.C.;Park, Soo-Hoon
    • Management Science and Financial Engineering
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    • v.16 no.3
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    • pp.21-47
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    • 2010
  • Quantity discounts provide a practical foundation for supply chain inventory policies, improving the supplier's profit and reducing the buyer's inventory cost simultaneously. Traditional quantity-discount research, which deals with inventory coordination between a buyer and a supplier, is extended to a stationary stochastic environment. This research shows that the magnitude of the optimal discounts scheduled by the deterministic quantity discount models may not be large enough to cover the buyer's additional inventory stocking risks under uncertain conditions. As a result, the buyer's total inventory cost may often increase rather than decrease. In contrast, the proposed model allows the supplier to identify the discount level, which shares the buyer's amplified risk associated with temporary overstocking and ensures that both buyer and supplier benefit economically. The performance of the proposed model was tested in the continuous review environments via numerical experiments. The experimental results support the proposed method as a feasible alternative in coordinating inventory decisions under stochastic demand.

Developing a Supply Chain Assessment Framework for Ship Building Industry: A Case study of A Company (조선 산업의 공급망 수준진단 프레임워크 개발: A조선소 사례를 중심으로)

  • Jeong, Seok-Bong
    • Journal of Digital Convergence
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    • v.11 no.3
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    • pp.243-253
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    • 2013
  • As global competition is more intensive, SCM is becoming more and more important in order to achieve competitiveness. It is necessary for firms to understand weak points among the integrated supply chain through supply chain assessment in order to implement SCM successfully and cost-effectively. In this paper, we review previous studies of SCM performance measurements and propose a supply chain assessment framework for shipbuilding industry, which is one of the major ETO industry. Based on 3 supply chain domains which are demand, supply, and product management, we decompose the whole supply chain process into 3 level lower processes and propose capability measurement matric for shipbuilding firms. A case study has been conducted to validate the proposed framework and results are presented at the end.

Application of Coordination Policies for Fuzzy Newsvendor Model

  • Ryu Kwang-Yeol;Choi Hon-Zong;Lee Seok-Woo;Jung Moo-Young;Cha Young-Pil
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.05a
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    • pp.187-192
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    • 2006
  • In the absence of a clear command and control structure, a key challenge in supply chain management is the coordination and alignment of the supply chain members who pursue divergent and often conflicting goals. The newsvendor model is typically used as a framework to quantify the cost of misalignment and to assess the impact of coordination initiatives. This paper considers a fuzzy approach for the newsvendor problem which includes a single manufacturer and a single retailer. We use several fuzzy parameters in the model such as the demand, the wholesale price, and the market sales price. We apply a coordination policy, referred to as buyback, to solve the fuzzy newsvendor problem. Based on the buyback policy, the optimal order quantity of the retailer can be computed, and the possible profits of the members in the supply chain can be calculated with minimum sharing of private information. Focusing on the fuzzy model with buyback policy for the newsvendor problem, we illustrate exemplary fuzzy models. We also illustrate an integration model, which extends a single-manufacturer-single-retailer model to the single-manufacturer-multiple-retailer setting. In the extended model, we consider three coordination policies including quantity discount, profit sharing, and buyback, as well as non-coordination case.

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A Robust Joint Optimal Pricing and Lot-Sizing Model

  • Lim, Sungmook
    • Management Science and Financial Engineering
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    • v.18 no.2
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    • pp.23-27
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    • 2012
  • The problem of jointly determining a robust optimal bundle of price and order quantity for a retailer in a single-retailer, single supplier, single-product supply chain is considered. Demand is modeled as a decreasing power function of product price, and unit purchasing cost is modeled as a decreasing power function of order quantity and demand. Parameters defining the two power functions are uncertain but their possible values are characterized by ellipsoids. We extend a previous study in two ways; the purchasing cost function is generalized to take into account the economies of scale realized by higher product demand in addition to larger order quantity, and an exact transformation into an equivalent convex optimization program is developed instead of a geometric programming approximation scheme proposed in the previous study.

OPTIMIZATION OF STOCK MANAGEMENT SYSTEM WITH DEFICIENCIES THROUGH FUZZY RATIONALE WITH SIGNED DISTANCE METHOD IN SEABORN PROGRAMING TOOL

  • K. KALAIARASI;N. SINDHUJA
    • Journal of applied mathematics & informatics
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    • v.42 no.2
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    • pp.379-390
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    • 2024
  • This study proposes a fuzzy inventory model for managing large-scale production, incorporating cost considerations. The model accounts for two types of expenditure scenarios-parametric and exponential. Uncertainty surrounds holding costs, setup costs, and demand rates. The approach considers a supply chain system with a complex manufacturing process, factoring in transportation costs based on the quantity of goods and distance between the supplier and retailer. The initial crisp model is then transformed into a fuzzy simulation, incorporating specific fuzzy variables affecting inventory costs. The proposed method significantly reduces overall inventory costs for the entire supply chain. Retailer demand is linked to inventory levels, and vendor/distributor storage deteriorates over time. The fuzzy condition assumes hexagonal variables for all associated factors. The study employs the signed distance method for defuzzification to determine the optimal order quantity with hexagonal fuzzy numbers. Mathematical examples are provided to illustrate the practicality of the proposed approach.

Implementation of the Supply Chain Management System on the Office Automation Industry (사무기기 산업에서의 SCM 시스템: 사례연구)

  • 강민식;문치웅
    • Proceedings of the CALSEC Conference
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    • 2001.02a
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    • pp.223-234
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    • 2001
  • A SCM Implementation case on the Office Automation Industry is introduced in this paper. It supports JIT based Kanban and demand pull system A new system called "PrdnMgr" is designed for the synchronized production and quality assurence using barcode and Kanban. And web based supplier pull system called "Antennashop" is developed for automatic procurement of parts.

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