• Title/Summary/Keyword: External Supply Factors

Search Result 82, Processing Time 0.031 seconds

Effect of Supply Chain Risk Management Factors on Risk Management Strategy and Corporate Performance (공급사슬관리 리스크 요인이 위험관리전략과 기업성과에 미치는 영향)

  • Lee, Choong-Bae;Kim, Hyun-Chung
    • Journal of Korea Port Economic Association
    • /
    • v.36 no.3
    • /
    • pp.55-74
    • /
    • 2020
  • With globalization and the development of information and communication technology, the supply chain is becoming more widespread and complex, which increases the occurrence and damage caused by supply chain risks. Supply chain risk management has a great impact on corporate performance through the analysis of risk factors and proactive and strategic approaches. This study aims to analyze the effects of supply chain risk factors on risk management strategies and corporate performance empirically. In the research model for empirical analysis, supply chain risk factors were classified into supply, demand, operation, network, and external environment, while the risk management strategies were divided into active and passive strategies, as well as financial and operational performance for corporate performance. The data obtained via the questionnaire were analyzed for the path of the structural equation model. As a result of the analysis, companies are actively pursuing risk management for internal risk factors, rather than external factors, in terms of internal and external risk factors, and it was found that these strategies have a significant effect on corporate performance. Therefore, in the future, companies should conduct risk management strategies more proactively and preemptively through a thorough analysis of various risk factors affecting business operations.

Production of Tantalum Powder and Characteristics by External Supply of Feed Material and Reductant (원료물질과 환원제의 외부공급에 따른 탄탈륨 분말의 제조 및 특성)

  • 윤재식;박형호;배인성;김병일
    • Journal of Powder Materials
    • /
    • v.10 no.5
    • /
    • pp.349-352
    • /
    • 2003
  • This study examined the correlation of various operational factors including reaction temperature and the quantity of reductant and diluent with the characteristics of powder using $K_2$ TaF$_{7}$ as feed materials, Na as a reductant and KCl/KF as a diluent. Also to control the particle size and shape, external supply system developed, it can provide a feed material and a reductant at a fixed quantity and evaluated the characteristics of tantalum powder. When the external supply system was applied instead of the batch type process that charges feed material, reductant and diluent at the same time, it was possible to induce regular reduction reaction between feed material and reductant, which increased the recovery rate and reduced the mixture of impurities. In particular, the application of the external supply system enabled the control of reaction temperature and reaction speed according to the feeding rate of feed material during reduced reaction, and resultantly it enabled the manufacturing of granular-shaped powder with a regular granularity of 2∼3 ${\mu}{\textrm}{m}$ and purity of 99.5%.

Evaluation of Supply Chain Performance Affected by Waste Level and External Risk (낭비수준과 외부위험에 영향을 받는 공급망 성과 평가)

  • Choi, Jong-Mun;Kim, Chae-Bogk
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
    • /
    • v.6 no.6
    • /
    • pp.395-402
    • /
    • 2016
  • Recently, firms confront to rapid environmental changes due to scientific development and demand change. Firms are trying to improve supply chain capability to react these environmental changes. Being in these improvement processes, it is important to collaborate with other partners in the supply chain. Firms have tried to outsource their in-house activity to other partners and have eliminated wasteful factors in their process and the supply chain is getting leaner. This study investigates the effect of waste factor degree on supply chain performance under external risks. Test results in this paper show that waste level has negative relationship with supply chain performance. The effect of waste level on the supply chain performance is influenced by external risk. As waste level increases, risk has moderating effect between waste level and supply chain performance. That means it is important to focus on utilization, productivity or integration properly for managing the external risk in order to improve the supply chain performance.

Analysis of Key Success Factors for Building a Smart Supply Chain Using AHP (AHP를 이용한 스마트 공급망 구축을 위한 주요 성공요인 분석)

  • Cheol-Soo Park
    • Journal of Information Technology Applications and Management
    • /
    • v.30 no.6
    • /
    • pp.1-15
    • /
    • 2023
  • With the advent of the Fourth Industrial Revolution, propelled by digital technology, we are transitioning into an era of hyperconnectivity, where everything and objects are becoming interconnected. A smart supply chain refers to a supply chain system where various sensors and RFID tags are attached to objects such as machinery and products used in the manufacturing and transportation of goods. These sensors and tags collect and analyze process data related to the products, providing meaningful information for operational use and decision-making in the supply chain. Before the spread of COVID-19, the fundamental principles of supply chain management were centered around 'cost minimization' and 'high efficiency.' A smart supply chain overcomes the linear delayed action-reaction processes of traditional supply chains by adopting real-time data for better decision-making based on information, providing greater transparency, and enabling enhanced collaboration across the entire supply chain. Therefore, in this study, a hierarchical model for building a smart supply chain was constructed to systematically derive the importance of key factors that should be strategically considered in the construction of a smart supply chain, based on the major factors identified in previous research. We applied AHP (Analytical Hierarchy Process) techniques to identify urgent improvement areas in smart SCM initiatives. The analysis results showed that the external supply chain integration is the most urgent area to be improved in smart SCM initiatives.

Analysis of the Importance of Evaluation Factors for Automotive Procurement Logistics using AHP (AHP를 활용한 자동차 조달 물류 평가요인 중요도 분석)

  • Young-Kyou HA
    • Korea Trade Review
    • /
    • v.47 no.2
    • /
    • pp.19-29
    • /
    • 2022
  • This study evaluated the importance of automobile procurement logistics using AHP. Although automobile procurement and logistics is represented by JIT, internal and external risk factors for the automobile and logistics industries are increasing, so it is necessary to re-evaluate them and establish countermeasures. Therefore, this study conducted AHP analysis targeting 30 automobile procurement and logistics experts. Through previous studies and interviews, 4 factors for Tier 1 and 12 factors for Tier 2 were derived. As a result of AHP, the logistics factor was analyzed as the most important and the cost factor was less important than the other factors. This means that supply chain operation is more important than cost, and it is analyzed that stopping all supply chain participants is more damaging than logistics or inventory costs. Such research can provide implications not only for the automotive supply chain but also other industries with similar characteristics, and it is considered to be a meaningful study at the present time when the global supply chain is being reorganized.

Factors Influencing Human Resource Planning (HRP) for Local Workforce Supply in Malaysian Construction Industry

  • Dom, Norhidayah Md;Kasim, Narimah;Shamsudin, Alina
    • Journal of Construction Engineering and Project Management
    • /
    • v.2 no.1
    • /
    • pp.5-13
    • /
    • 2012
  • The lacks of local workforce supply become a problematic in Malaysian construction industry. Meanwhile, HRP is important during workforce supply to help organizations in order to appoint the right people in the right job. This paper reports on the use of factors influencing HRP towards local workforce supply in the construction industry in general, and Malaysian construction in particular. Semi structured interviews were conducted to 10 interviewees from the government and non-government organizations to investigate current issues of local workforce and the practices of HRP in the construction organization. The analysis methods were based on descriptions of previous tested research. The findings reveal that the lack of local workforce is due to low wages system, safety issues, educational changes, low status and unsecured work, environment in construction industry, developments and technologies changes in Malaysia. The internal factors of HRP were practiced among construction organization are organization strategy, organizational culture, organization changes, leadership and experience, nature of work and empowerment of labor. Meanwhile, the external factors are technology changes, economic changes, legislation and demographic changes. The paper provides valuable information on the practices of factors influencing HRP for local workforce supply in Malaysian construction industry.

The Effect of Economic and Infrastructure Factors on the Formation of Electric Vehicle Supply Chain and Optimal Location Selection: Korea-US FDI

  • Young-Kyou Ha
    • Journal of Korea Trade
    • /
    • v.27 no.5
    • /
    • pp.23-40
    • /
    • 2023
  • Purpose - This study aims to present the changes and directions in the automotive supply chain in the face of changes in the global supply chain caused by external factors and the integration of industries resulting from internal factors. Assuming FDI in the Korean automotive industry in the US, this study analyzed the influential factors over the long term and derived the optimal location. Design/methodology - For this analysis, the characteristics and current status of the automotive industry are presented. Additionally, the study emphasizes the necessity and direction of change. The factors influencing Korea-US FDI in the automotive industry and the electric vehicle industry were analyzed through panel analysis. The optimal location from the perspective of distribution costs was selected using linear programming under the assumption that local demand will be replaced by local production in the future. Findings - This study found that the electric vehicle supply chain will change with the characteristics of the electric and electronic industries rather than with the traditional automotive industry. Additionally, in deriving the optimal location, the study emphasized the proximity to the consumption market. Originality/value - The analysis method and conclusions of this study not only present the influential factors and direction of FDI in the automotive industry but also can be applied to other industries. Moreover, the study provides practical and policy implications for industries and governments considering FDI in the US.

Influences of External Factors on Business Performance of Domestic Animal Feed Enterprises in Vietnam

  • NGUYEN, Van Hau;DUONG, Thi Quynh Lien;QUYNH, To Thi Huong;TRANG, To Thi Thu
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.11
    • /
    • pp.575-583
    • /
    • 2020
  • Vietnam is the country with the largest animal feed production in Southeast Asia. Domestic animal feed manufacturing enterprises play an important role in animal husbandry in particular and in agriculture in general. However, domestic animal feed enterprises in Vietnam are encountering shortcomings. This paper is conducted to investigate the impact levels of external determinants on business performance of domestic animal feed manufacturing enterprises, including: (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition. We presented a research method, explaining the dependent variable 'business performance' and the independent variables. Data were collected from 120 questionnaires from domestic animal feed manufacturing enterprises. Based on these data, we use Cronbach's Alpha, EFA and run regression model for assessing the impact levels of each independent variable on the dependent variable of business performance of domestic animal feed manufacturing enterprises. The results show that three external determinants including (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition, have positive relationships with business performance. Based on the findings, some recommendations are given for improving business performance of domestic animal feed manufacturing enterprises to ensure sustainability.

An Empirical Study on Success Factors of Supply Chain Management by Supplier-Buyer Relationship Type (공급자-구매자 관계유형에 따른 공급사슬관리 성공요인에 관한 실증연구)

  • Suh, Ah-Young;Shin, Kyung-Shik
    • Information Systems Review
    • /
    • v.3 no.1
    • /
    • pp.191-203
    • /
    • 2001
  • The purpose of this research is to investigate success factors for supply chain management. According to the statistical analysis of 98 survey data, we find that the success factors mentioned in this literature(Supplier-Buyer relations, Inter-organizational Coordination, Planning & Control, Information Technology) positively affect the corporate performance. This research also indicates that supply chain management should be implemented according to dependent industrial characteristics and external conditions. We used three key environmental factors: (1) The product exchanged and its technology, (2) the competitive condition in downstream market, (3) capabilities of the suppliers available.

  • PDF

Analysis of Hydrogen Sales Data at Hydrogen Charging Stations (수소 충전소의 수소 판매량 데이터 분석)

  • MINSU KIM;SUNGTAK JEON;TAEYOUNG JYUNG
    • Transactions of the Korean hydrogen and new energy society
    • /
    • v.34 no.3
    • /
    • pp.246-255
    • /
    • 2023
  • Due to lack of hydrogen charging stations and hydrogen supply compared to the supply of hydrogen vehicles, social phenomena such as 2-hour queues and restrictions on charging capacity are occurring, which negatively affects the spread of hydrogen vehicles. In order to resolve these problems, it is essential to have a strategic operation of the hydrogen charging stations. To establish operational strategies, it is necessary to derive customer demand patterns and characteristics through the analysis of sales data. This study derived the demand patterns and characteristics of customers visiting hydrogen charging stations through data analysis from various perspectives, such as charging volume, charging speed, number of visits, and correlation with external factors, based on the hydrogen sales data of off-site hydrogen charging stations located in domestic residential areas.