• Title/Summary/Keyword: FSCM

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A Study on the Direction for the Institutional Improvement of Financial Supply Chain Management Solution under Global e-Trade (글로벌 전자무역에서의 금융지원체인관리 솔루션의 운용현황과 개선방향 - Bolero를 중심으로 -)

  • Chae, Jin-Ik
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.33
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    • pp.247-275
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    • 2007
  • This paper is to propose the Direction for the institutional improvement of Financial Supply Chain Management(FSCM) Solution which are currently coming into operation under Global e-Trading Platform. The Financial Supply Chain compromise the entire trade processes and information that manage a trader's cash, Accounts payable and receivable, Risk, working capital, and so on in international trade transaction. From a buyer's perspective, this involves the full procurement-to-payment process. For the seller, it is the order-to-cash cycle. Bolero provides the party concerned a e-trade platform which conformed to these fundamental pre-requisites to underpin fully electronic trade. But this FSCM solution have failed to provide the efficient platform to effectively manage the process of Global e-Trade because it does not correspond with e-Trade environment. Therefore, present FSCM system need the institutional improvement as follows: AA) Strengthening the role of the correspondent Bank under e-Trade System, BB) Extending the function of e-Trade intermediary institution, CC) The introduction of Trade Insurance System, etc. So, by streamlining and automating these processes on an open and flexible platform, The party concerned can optimize their trade transaction and maintain better relations with their business partners

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A Review of Key Issues and Challenges for Sustainable Food Logistics Management

  • Boldbaatar, Tumenjargal;Yoon, Dae Gwun;Sin, Ho Sig
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2014.10a
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    • pp.72-74
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    • 2014
  • The need to further improve food quality and reduce food waste leads to increased attention for the development of Food Supply Chain Management (FSCM) which considers intrinsic characteristics of food supply chains besides traditional supply chain management (SCM) objectives such as cost and responsiveness. Growing consciousness of society towards sustainable development brings additional objectives to the food supply chains and the fast evolution of sustainable development results in the development of a new fast-growing concept: Sustainable Food Supply Chain Management (SFSCM). In response to these developments, researchers have developed various decision support tools that can be used for handling progressively increasing complexity along the alteration process from SCM to FSCM and now to SFSCM. This study reviewed literature on sustainable food logistics management to identify logistical key issues and relevant challenges. The evaluation of the reviewed papers shows that towards obtaining sustainability together with considering intrinsic characteristics of food supply chains, there is a gap between the needs of the practice and the current available method.

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Study of modified Westergaard formula based on dynamic model test on shaking table

  • Wang, Mingming;Yang, Yi;Xiao, Weirong
    • Structural Engineering and Mechanics
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    • v.64 no.5
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    • pp.661-670
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    • 2017
  • The dynamic model test of dam-reservoir coupling system for a 203m high gravity dam is performed to investigate effects of reservoir water on dynamic responses of dam during earthquake. The hydrodynamic pressure under condition of full reservoir, natural frequencies and acceleration amplification factors along the dam height under conditions of full and empty reservoir are obtained from the test. The results indicate that the reservoir water have a stronger influence on the dynamic responses of dam. The measured natural frequency of the dam model under full reservoir is 21.7% lower than that of empty reservoir, and the acceleration amplification factor at dam crest under full reservoir is 18% larger than that under empty reservoir. Seismic dynamic analysis of the gravity dams with five different heights is performed with the Fluid-Structure Coupling Model (FSCM). The hydrodynamic pressures from Westergaard formula are overestimated in the lower part of the dam body and underestimated in its upper part to compare with those from the FSCM. The underestimation and overestimation are more significance with the increase of the dam height. The position of the maximum hydrodynamic pressure from the FSCM is raised with the increase of dam height. In view of the above, the Westergaard formula is modified with consideration in the influence of the height of dam, the elasticity of dam on the hydrodynamic pressure. The solutions of modified Westergaard formula are quite coincident with the hydrodynamic pressures in the model test and the previous report.