• Title/Summary/Keyword: Logistics Management Model

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Inventory Management Practices Approach to Reverse Logistics

  • Wang, Dja-Shin;Koo, Tong-Yuan
    • Industrial Engineering and Management Systems
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    • v.9 no.4
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    • pp.303-311
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    • 2010
  • In the last few years growing interest has been dedicated to supply chain management. Modeling complexity is added to supply chain coordination problem by accounting for reverse logistics activities. The objective of this paper is to extend inventory model of manufacturing factory with respect to the production of raw material of forward logistics and recycling material of reverse logistics. The proposed model is applied to a plastic recycling process plant located in Taiwan. The case study improvement scheme shows when the recycling rate of recycling material increases from 15% to 50%, the total inventory cost of manufacturing factory decreases by 12.82%, safety stock volume decreases by 41.19% and the reorder quantity is down by 50.96%. This paper finds whether the results of the model can reach the economic profit through quantitative analysis and encourages companies integrate reverse logistics into the supply chain system.

Development of DMQFD Model for Analysis of Port Logistics Service Quality (항만물류 서비스 품질 분석을 위한 DMQFD 모형의 개발)

  • Song, Suh-Ill;Lee, Bo-Geun;Jung, Hey-Jin
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.62-70
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    • 2007
  • This study define the concepts of port logistics service by investigating various elements of port logistics service and grouping them in six attributes using a Data Mining technique. The QFD (Quality Function Deployment) technique is applied to measure the quality of port logistics service, and those results are analyzed. The DMQFD (Quality Function Deployment using Data Mining) model proposed in this study is a model for analyzing of port logistics service quality which is produced by combining those two stages. Using the DMQFD model, the requirements of customer could understand more correctly and systematically, and it could be an alternative tool to accomplish a customer satisfaction.

A Study on the Effect of Win-win Growth Policies on Sustainable Supply Chain and Logistics Management in South Korea

  • KIM, Ki-Hyung;SONG, Sang Hwa
    • The Journal of Industrial Distribution & Business
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    • v.10 no.12
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    • pp.7-14
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    • 2019
  • Purpose: In Korea, win-win growth policy has been successfully implemented in supply chain and logistics management. In the policy, it is recommended to support supply chain partners with various mechanisms including financial and technical aids. This study attempts to scientifically analyze the effects of direct and indirect win-win growth policy factors on supply chain and logistics management performance through partnership factors. Research design, data and methodology: This study builds a structural equation model reflecting the relationship between the win-win growth policy, partnership and performance factors. The proposed model is verified with the PLS (Partial Least Squares regression) methodology. Data from shipper and logistics companies were collected and analyzed by the PLS model. Results: The analysis showed that both direct and indirect policy factors are meaningful to improve supply chain and logistics performance. Indirect support factors including R&D, management innovation, human resources development and educational supports have positive impacts on partnership factors. Direct support factors including financial aids and fairness also have positive impacts on the performance. Conclusions: This study is meaningful in that it suggests a turning point in which supply chain Win-win growth and partnership efforts are perceived as new value-creating mechanism rather than unilateral cost reduction for logistics industry.

A Development of Reverse Supply Chain Simulation Model Considering a Recycling (재활용을 고려한 역공급사슬 시뮬레이션 모델 개발)

  • Lim, Seok-Jin;Park, Byung-Tae
    • Journal of the Korea Safety Management & Science
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    • v.11 no.4
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    • pp.193-199
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    • 2009
  • Recently, an industrial production-distribution planning problem has been widely investigated in Supply Chain Management(SCM). One of the key issues in the current SCM research area is reverse logistics network. This study have developed a simulation model for the reverse logistics network. The simulation model analysis reverse logistics network issues such as inventory policy, manufacturing policy, transportation mode, warehouse assignment, supplier assignment. Computational experiments using commercial simulation tool ARENA show that the real problems. The model can be used to decide an appropriate production-distribution planning problem in the research area.

Improvements of logistics service focusing on value factors utilizing QFD (QFD를 활용한 가치요소 중심의 물류서비스 개선방안)

  • Jung, Youg-Suk;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.19 no.4
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    • pp.209-219
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    • 2017
  • Logistics companies want to be competitive companies in fierce logistics market and are worrying about securing of differentiated competitiveness for it. The standards judging if logistics industry maintains the competitiveness are based on the satisfaction of users due to the well-established service system that can response not only economic feasibility of logistics costs such as transportation costs, storage costs, unloading charges, information costs, etc. but also diversity and upgradability of logistics needs. Therefore, this study focuses on seeking of service quality improvements with VBSD(Value Based Service Design) model focusing on customer value factors based on Kano model and QFD based service design approach from angles of customer value improvement and service costs reduction.

Optimization Method of Knapsack Problem Based on BPSO-SA in Logistics Distribution

  • Zhang, Yan;Wu, Tengyu;Ding, Xiaoyue
    • Journal of Information Processing Systems
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    • v.18 no.5
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    • pp.665-676
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    • 2022
  • In modern logistics, the effective use of the vehicle volume and loading capacity will reduce the logistic cost. Many heuristic algorithms can solve this knapsack problem, but lots of these algorithms have a drawback, that is, they often fall into locally optimal solutions. A fusion optimization method based on simulated annealing algorithm (SA) and binary particle swarm optimization algorithm (BPSO) is proposed in the paper. We establish a logistics knapsack model of the fusion optimization algorithm. Then, a new model of express logistics simulation system is used for comparing three algorithms. The experiment verifies the effectiveness of the algorithm proposed in this paper. The experimental results show that the use of BPSO-SA algorithm can improve the utilization rate and the load rate of logistics distribution vehicles. So, the number of vehicles used for distribution and the average driving distance will be reduced. The purposes of the logistics knapsack problem optimization are achieved.

An Empirical Study on the Use of Third Party Logistics in Korean Companies (물류산업 합리화와 제3자 로지스틱스 이용 결정요인분석)

  • Lee Hee-Joon
    • Management & Information Systems Review
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    • v.4
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    • pp.469-500
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    • 2000
  • Over the past decades the concept of Third-Party Logistics(TPL) has generated considerable interest in American and European industries. It involves outsourcing logistics activities that have traditionally been performed within an organization. The functions performed by the third-party logistics can encompass the entire logistics process or, more commonly, selected activities with that process. Increasing corporate emphasis on such concepts as reengineering and supply chain management has led many companies to consider the use of such third-party logistics. This study examines the possibility of applying existing American research of the third-party logistics to Korean companies and investigates the criteria for the use of third-party logistics in Korea. To design the model and generate the hypotheses, this study conducted a comprehensive literature survey on the third-party logistics. To test the hypotheses, this study collected data from 229 companies from the public companies in Korea through a questionnaire survey and conducted descriptive analysis, correlation analysis, factor analysis, and multiple regression analysis using the SPSS for Windows Ver. 7.5 package. This study is hoped that it may contribute to the understanding and introducing of the third-party logistics in the fields of the firms. But there were some restrictions that the respondents were not covered all kinds of firms. These and other major findings from this study imply that existing American studies may be applicable the Korean companies and that this study may complement the deficiencies of the existing studies. Thus, the summary of the literature review, the research model and hypotheses, and empirical findings in this study will provide useful ideas for future research and deep insights for successful logistics management.

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The study of logistics optimization model with empty transfer rate of reverse logistics (역물류의 공차율을 고려한 물류 최적화 모델 연구)

  • Ryu, Byung-Woo;Park, Jae-Hyun
    • Journal of the Korea Safety Management & Science
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    • v.8 no.3
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    • pp.125-141
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    • 2006
  • If do not become whole optimization because enterprise's individual enterprise internal determinate improvement effort is associated with activity in enterprise SCM, competitive power can not but be extremely limited the result. Therefore, to spur in hidden cost's discovery and logistics' optimization is actuality. In this paper, as long as it is by logistics cost except empty driving if reverse logistics happens in distribution channel progressing, logistics reverse logistics' hidden cost through model that do minimization profit of logistics to look for plan that can do maximization try. Finally, is based on dual of distribution cost and profit of logistics and reverse logistics and achieves Pull, optimal system modeling that use Push system and gropes method of effective logistics cost.

A Research of the Logistics Legal System in China-Korea FTA

  • Zhang, Fan;Su, Shuai
    • The Journal of Economics, Marketing and Management
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    • v.6 no.1
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    • pp.25-30
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    • 2018
  • Purpose - This paper mainly studied the role of the logistics legal system in promoting international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation etc between China and Korea. Research design, data, and methodology - The study conducted a survey on China and Korea's 2012-2017 years data. After empirically analyzing the data, we believe that cultural industry in Korea and China will maintain its growth momentum. Results - This study explored the way to establish an integrated logistics system between China and Korea to match the e-commerce certification system, online payment system and logistic distribution, thereby gradually promoting economic development and logistics integration in Asia. Conclusions- China-Korea FTA can encourage private flow to take on enterprises. In terms of improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance.

A Study on the BPR of Financial Logistics - Focusing on the NongHyup Logistics - (금융 물류 BPR에 대한 연구 - 농협물류를 중심으로 -)

  • Yoon, Eui-Sik;Shin, Yoo-Kyun;Lee, Jong-Sung;Yoo, Chun-Hoi;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.10 no.1
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    • pp.117-128
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    • 2008
  • The purpose of this paper is to cultivate field of new distribution and it will set three detail aims and such aims will be propelled. First, investigates a present condition of domestic financial distribution, second, presents standard model of financial distribution, and third, confirms suitability of standard model on financial distribution for instance analysis. incidental purpose is to offer improvement method about corresponding instance through deduction of problem and estimate of analysis instance. The purpose of this paper is also to induce more strategic financial industry through research of related system such as LIS, CVO and TMS or through research of prior innovation contents by application to NONGHYUP for realization of financial distribution model.