• Title/Summary/Keyword: Design strategic management

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A Mathematical Model for Strategic Decision Making in Two Level Supply Chain Network Design (2단계 공급사슬 네트워크에서 전략적 의사결정을 위한 수리적 모형)

  • Chung, Ki-Ho
    • Management & Information Systems Review
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    • v.32 no.3
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    • pp.107-125
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    • 2013
  • This study deals with a strategic decision making in two level supply chain network design. This study presents more realistic mathematical model than the previous studies by considering simultaneous location of plants and distribution centers, determination of capacity level for both plants and distribution centers, and upper limit condition for numbers of locating plants and distribution centers. This paper tries to help the strategic decision making for two level supply chain network design. For this purpose, three different sized numerical examples are generated and optimal solutions are obtained by applying Excel Solver program. And sensitivity analysis is performed for the biggest sized example problem, which has 10 potential plants, 20 potential distribution centers, and 200 customer zones. After the plants being located are fixed, optimal minimum costs are obtained and compared for each of 7 different numbers of distribution centers to be located. As the number of distribution centers increases, changes in inbound transportation cost and outbound transportation cost can be derived. In case of considering cost as well as customer satisfaction level for two level supply chain network design, the analysis of this changes may help more sophisticated decision making.

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STRATEGIC MANAGEMENT OF CHANGES IN EDUCATIONAL BUILDING PROJECTS: A TIMELINE-BASED CHECKLIST APPROACH

  • Faisal Manzoor Arain;Low Sui Pheng
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.540-553
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    • 2007
  • Strategic management of changes is very significant for all types of construction projects. Project management teams must have the ability to respond to changes effectively in order to minimize their adverse impact on the project. The study focuses on the causes, their frequent effects and effective controls for changes in educational building projects. To achieve the study objectives, a questionnaire survey was carried out to collect relevant information. Through the literature review, 53 causes, 16 effects and 30 potential controls for change orders were identified. These provided the basis for the formulation of the questionnaire. Responses from 92 professionals who were involved in the educational projects in Singapore were analyzed. They included 28 developers, 33 consultants and 31 contractors. From the survey findings, the most important causes of changes were identified. The study revealed the most frequent effects and most effective controls for each cause of change order. Arising therefrom, a comprehensive tabulation of the 53 causes and their frequent effects and effective controls was also developed. A timeline for implementing the controls was developed through in-depth interviews with the professionals. The study would assist building professionals in taking proactive measures for reducing change orders for educational buildings; furthermore, the timeline would also be helpful for them to implement controlling strategies at the appropriate time. Recommendations were suggested based on the research findings.

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SWOT Analysis for Iran's National Innovation System based on Norwegian and Korean Experiences

  • Haghi, Seyedreza
    • The Journal of Industrial Distribution & Business
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    • v.4 no.2
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    • pp.21-30
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    • 2013
  • Purpose - The objectives of this study are to find the strengths, weaknesses, opportunities, and threats related to the national innovation system of Iran (using a SWOT analysis) and to extract some strategic recommendations to modify the innovation policies of Iran. Research design, data, and methodology - This study used a literature review and field study. In the first phase, the author studied library resources and articles, and browsed through Internet information about the subject. The second phase was a field research investigation through designed questionnaires and interviews with more than 100 policymakers, officials, executives, and others related to the national innovation system in 2011. Results - In this research study, strategic recommendations were extracted through a SWOT model for improvements to the innovation policies of Iran. Conclusions - The findings of this study show the role of strengths, weaknesses, opportunities, and threats in the national innovation system of Iran and suggest strategic recommendations for its modification.

An Empirical Study on Trade Claim Management from a Relational Perspective

  • Yu, Cheon
    • Journal of Korea Trade
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    • v.23 no.6
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    • pp.14-32
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    • 2019
  • Purpose - This study is designed to provide new insights on trade claim management by typifying trade claims from a relational perspective, which defines trade as an organic combination that exchanges relationships based on a mutual goal instead of conflicts between obligations and rights of the contracting parties. Design/methodology - This is a phenomenological study that aims to typify trade claims based on a relational perspective and extract implications for trade claim management. The research procedures of this study are as follows. First, international commercial dispute cases applying the CISG are collected. Second, the cases collected are quantified through content analysis. The variables for quantification are developed based on a relationship perspective. Third, cluster analysis is conducted on coded data to typify cases. And finally, this study compares the characteristics of each type using analysis of variance and suggests implications for the strategic management of trade claims from a relational perspective. Findings - Results show that trade claims are divided into four clusters, depending on whether flexibility is accepted or not and which party violates mutuality. There is also a difference between the claimant and the cause of the claim, according to the cluster. Based on the results, this study suggests that the buyer and the seller should employ different strategies depending on the type of trade claim and presents proposals for strategic claim management. Originality/value - Firstly, this study extends the theoretical discussion on trade claims by applying relational contract theory. Prior studies on trade claims have been primarily based on traditional contract theory. The second is to analyze trade claims quantitatively. Prior case studies on trade claims have mainly relied on qualitative research. Finally, the study contributes to international commercial practice by typifying trade claims and presenting options for strategic management.

The Effect Strategic Alliances on the Performance in Container Liner Shipping Companies (컨테이너 정기선사의 전략적 제휴 특성이 재무적 성과와 비재무적 성과에 미치는 영향)

  • Lim, Jong-Sub
    • Journal of Distribution Science
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    • v.14 no.6
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    • pp.99-106
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    • 2016
  • Purpose - The antecedent to the relationship between the effect of the characteristics of strategic alliances and the performance of container liner shipping companies has been investigated in this study as container liner shipping companies' strategic alliances. It affects positively and negatively home, partner, and the third parties' performance in container liner shipping companies. Extensive literature reviews on shipper's strategic alliances reveal that strategic alliances in financial and non-financial performance of container liner shipping companies show the performance such as economic effects, business performance, global supply chain management performance, customer satisfaction, and forward integration and backward integration performance. The purpose of this study is to test empirically that the relationship between the characteristics of strategic alliances and financial and non-financial performance in container liner shipping companies. Structured equation modeling and confirmatory factor analysis were used to test the hypothesis using AMOS statistics program. Most previous researches focused on the relationship between the characteristics of strategic alliances and alliance types. There are few empirical studies that focus on business performance data because it is difficult to collect data in container liner shipping companies. However, this research measures financial and non-financial performance differently compared with the previous researches focusing on the characteristics of strategic alliances and alliance types measurements. Research design, data, and methodology - The conceptual model for the study is based on the studies of Lim (2010), Chen & Zhen (2009), and Wang & Meng (2014). The model is built around the factors of characteristics of strategic alliances and business performance. Cost, marketing, and service factors are regarded as proxy for the characteristics of strategic alliances. The financial and non-financial performance are regarded as proxy for the performance of strategic alliances. Based on the analysis of one hundred cases such as forwarder, shipper, and liner shipping companies, this study uses structural equation modeling to verify the effects of the characteristics of strategic alliances on business performance. Conclusions - This study provides container liner shipping companies to get some policy and practical implications in terms of the characteristics of strategic alliances and business performance. First, the cost factor for alliances characteristics has a positively significant influence on the financial and non-financial performance of strategic alliances. The cost factor relationship between high and low performance group does not have a significant difference on the performance of strategic alliances. Second, the marketing factor of alliances characteristics has a positively significant influence on the financial and non-financial performance of strategic alliances. The high performance group's marketing factor has a great non-financial performance than low performance group, but the low performance group's marketing factor has a grater financial performance than high performance group factor does. Third, the service factor of alliances characteristics has a negative influence on the non-financial performance of strategic alliances. The high performance group's service factor has a great non-financial performance than low performance group. Based on the findings from this study, related implications and future avenues deserve to be discussed.

A Theoretical Framework of Strategic Decision Making Supporting Systems (전략의사결정지원시스템 개발을 위한 이론적 프레임워크에 대한 연구)

  • Kim, Yong Jin;Jin, Seung Hye;Lee, Seung Tae
    • Journal of Digital Convergence
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    • v.10 no.10
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    • pp.97-106
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    • 2012
  • In the past, executive managers made a decision based on personal experience and knowledge due to lack of the appropriate and timely information. With the development of information systems and technologies, efficiency and productivity of business operation has been enhanced. In this study, we propose a system design and architecture blue-print related to strategic decision making support system. The proposed system consists of 3 key parts; individual business feasibility test, business portfolio feasibility test, business portfolio management. The three key parts are comprised of 11 components to generate information and knowledge based on various data input from inside and outside of firm. This system is expected to provide objective and reliable output to users. In addition, the proposed strategic decision support system would help respond to a rapidly changing business environment.

A Design Criteria for Pond Management at Golf Course in Terms of Satisfaction (골프장 연못의 관리만족도를 위한 설계기준)

  • 김동찬;권오원
    • Journal of the Korean Institute of Landscape Architecture
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    • v.29 no.5
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    • pp.84-91
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    • 2001
  • The purpose of this thesis is to search for appropriate design elements to manage ponds on golf courses. This paper showed that a variable, width, and volume have significant influence on satisfaction(Sig 0.001). This research investgated golf courses in Kyung-ki province. In short, we measured the physical design elements of ponds to bring out major factors which could determine satisfaction of golf courses for golfcourse manager(greenkeeper). The results between satisfaction and physical variable came out as follows; 1, Golfcourse managers(Green keepers) responded to questions that they were satisfied in only 29.9% of the ponds. We found that they considered management very highly. we could evaluated the value of necessity and importance are high, that is importance to manage ponds 2. Some physical design elements(volume, width) increased dependent variable(satisfaction) and others(length, area, circumference, index of shape) decreased dependent variable(satisfaction) 3. Volume has an influence on dependent variable more than depth on index of shape. 4 If the result of \`index of shape\` decreased, the result of \`management satisfaction\` would be high, and when volume is 8500ton∼17000ton, depth is 27m∼3.1m, \`management satisfaction\` would be high. The research findings can be used for planning and designing of golfcourses for designers, and by management for greenkeepers, and will provide pertinent design elements far design of golfcourses. We suggest that the interrelation between ponds and strategic play must be examined in future research.

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An innovative prostheses design for rehabilitation of severely mutilated dentition: a case report

  • Abduo, Jaafar
    • The Journal of Advanced Prosthodontics
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    • v.3 no.1
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    • pp.37-42
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    • 2011
  • Partial edentulism has multiple implications in relation to function, esthetics and future rehabilitative treatment. This case report illustrates the management of a patient with extreme consequences of partial edentulism. The main clinical findings were unopposed remaining teeth, overeruption of the remaining teeth, loss of vertical dimension of occlusion, and significant disfigurement of the occlusal plane. Following the diagnostic procedure, a well-coordinated prosthodontic treatment involving liaison with other dental disciplines was indicated. The management involved an innovative combination of fixed and removable prostheses in conjunction with crown lengthening surgery and strategic implant placement. Series of provisional prostheses were applied to facilitate the transition to the final treatment.

An Integrated Mathematical Model for Supplier Selection

  • Asghari, Mohammad
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.29-42
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    • 2014
  • Extensive research has been conducted on supplier evaluation and selection as a strategic and crucial component of supply chain management in recent years. However, few articles in the previous literature have been dedicated to the use of fuzzy inference systems as an aid in decision-making. Therefore, this essay attempts to demonstrate the application of this method in evaluating suppliers, based on a comprehensive framework of qualitative and quantitative factors besides the effect of gradual coverage distance. The purpose of this study is to investigate the applicability of the numerous measures and metrics in a multi-objective optimization problem of the supply chain network design with the aim of managing the allocation of orders by coordinating the production lines to satisfy customers' demand. This work presents a dynamic non-linear programming model that examines the important aspects of the strategic planning of the manufacturing in supply chain. The effectiveness of the configured network is illustrated using a sample, following which an exact method is used to solve this multi-objective problem and confirm the validity of the model, and finally the results will be discussed and analyzed.

Knowledge Exchange Activities and Performances in Software Industry Clusters: Focus on Firm Size Effect

  • CHO, Sung Eui
    • The Journal of Economics, Marketing and Management
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    • v.10 no.6
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    • pp.9-16
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    • 2022
  • Purpose: This research investigates the differences in knowledge exchange activities and performances between startups and large companies in software industry clusters. Research design, data, and methodology: Six independent factors of human resource information, R&D and technology, marketing knowledge, government support information, strategic knowledge, and cooperation information were extracted to test the firm size effect in the relationships with two performance factors such as satisfaction with industry cluster location and satisfaction with financial performances. Data were collected through a survey of entrepreneurs, managers, and employees and tested by statistical analysis methodologies. Results: Three independent factors of human resource information, R&D and technology, and cooperation information were particularly significant in the relationship with both dependent factors. Strategic knowledge significantly affected financial performance. Knowledge exchange activities were more important in startups than in large companies for all eight factors. Conclusion: Policies for software industry clusters need a different approach for startups and large companies.