• Title/Summary/Keyword: Procurement management

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Statistical Approach for the Prediction of Improper Businessman in Defense Procurement

  • Han, Hongkyu;Choi, Seokcheol
    • Journal of the Korean Society of Systems Engineering
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    • v.7 no.2
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    • pp.21-30
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    • 2011
  • The contractor management for the effective defense project is essential factor in the modern defense acquisition project. The occurrence of Improper Businessman causes the reason in which defense acquisition project is unable to be reasonably fulfilled and setback to the deployment of defense weapon system. In this paper, we develop a prediction model for the effective defense project by using the Discriminant Analysis, the Logistic Regression & Artificial Neural Network and analyse the core variables that determine the Improper Businessman in many variables. It is expected that our model can be used to improve the project management capability of defense acquisition and contribute to the establishment of efficient procurement procedure through entry of the reliable domestic manufacturer.

Steel Plant Construction (EPC) Project Case Study : Forensic Lessons-learned Analysis and Systems Engineering Improvement Recommendation

  • Kyung-Bae Jin;Young-Ho Kim;Eul-Bum Lee;Suk-Hwan Seo
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.145-150
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    • 2013
  • As a recent global trend, the majority of mega-size plant projects are delivered through EPC (Engineering, Procurement and Construction) contracts, where a single contract is awarded for engineering, procurement, and construction. Under this contracting mechanism, it is challenging for contractors to carry out the projects under traditional project management processes used in design-bid-build projects. A new EPC Plant, the POSCO Special Steel Plant in Changwon, was built successfully at the beginning of 2012 and it is currently in full-scale production. The project has encountered a number of major difficulties however, with some technical and managerial issues through its development process. As summarized in this paper, the authors (as project participants with the contractor) investigated it as a post construction analysis and recorded the Lessons-learned for future project management improvement.

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Joint Decision of Optimal Procurement Policy and Optimal Order ize for a Product Recovery System (회수제품 재가공이 이루어지는 시스템에서 최적 신제품 구매정책과 최적 주문량에 대한 연구)

  • Kim, Eungab;Jeong, Bongju
    • Journal of Korean Institute of Industrial Engineers
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    • v.34 no.4
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    • pp.398-407
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    • 2008
  • We consider a product recovery system that a single product is stocked in order to meet a demand from customers who may return products after usage. This paper addresses a problem of when to release a procurement process to replenish serviceable inventory and how many new products to procure. The structure of the optimal procurement policy is examined and numerically identified as a monotonic threshold curve. A numerical procedure is presented to jointly find the optimal procurement order size, optimal procurement policy, and optimal discounted profit. Sensitivity analysis also indicates that these optimal performance measurements have monotonic properties with respect to system parameters.

A Basic Model of the Procurement Planning of Resources by Activity in Construction Projects (건축공사 액티비티별 소요자원 조달계획의 기초모델링)

  • Kim, Ji-Hyun;Nam, Gi-Yung;Lee, Soo-Yong
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.3
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    • pp.340-346
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    • 2012
  • Recently, the construction industry has been pursuing the rationalization of its various systems through informatization. Procurement is a highly important element of the construction process, as it is directly related to the cost and quality of a construction project. In addition, procurement management of resources is in an indivisible relation, so that it is significant to link each other effectively. This study proposed construction activity and basic data connected to cost summary work for the categorization and utilization of resources. This study connected that activity to detailed items of material and labor cost, and proposed a procurement planning model of resources by activity that can utilize all resources and information. In addition, this model can classify resources and information by various forms. We found that the utilization of this procurement planning model will be higher because it can grasp various problems that occur in the passive procurement and provide additional functions that can be modified.

Assessing the Impact of Digital Procurement via Mobile Phone on the Agribusiness of Rural Bangladesh: A Decision-analytic Approach

  • Alam, Md. Mahbubul;Wagner, Christian
    • Agribusiness and Information Management
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    • v.5 no.1
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    • pp.31-41
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    • 2013
  • The research assesses the impact of a digital procurement (e-purjee) system for sugarcane growers in Bangladesh. The system itself is simple, transmitting purchase orders to local farmers via SMS text notification. It replaces a traditional paper-based system fraught with low reliability and delivery delays. Applying expected value theory, and using decision tree representations to depict growers' decision-making complexity in an information-asymmetric environment, we compute outcomes for the strategies and sub-strategies of ICT vs. traditional paper-based order management from the sugarcane growers' perspective. The study results show that the digital procurement system outperforms the paper-based system by tangibly reducing growers' economic losses. The digital system also appears to benefit growers non-monetarily, because of reduced uncertainty and a higher level of perceived fairness. Sugarcane growers appear to value the non-monetary benefits even higher than the economic advantages of the e-purjee system.

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Characteristics of CM Projects in Local Government Client's motivation in selecting the CM procurement route (지방자치단체 CM사업 특징 분석에 관한 연구 : CM사업 채택 동기를 중심으로)

  • Song Yeon-Joo;Kim Han-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.433-436
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    • 2004
  • Since construction management(CM) was recognized as a formal procurement route by law in 1995, it is interesting to observe the trend of its increasing adoption. Particularly in the public sector, local government clients more adopted the CM Procurement route than central government clients. The objective of this paper is to investigate and analyse the motivation of local government clients in selecting the CM procurement route. It is important to understand such motivation for achieving a better understanding of public client's CM needs and for promoting CM business in the public sector.

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Proposal for Developed Procurement and Material management System On Using Previous System Analysis in Plant Engineering (플랜트 구매조달 및 자재관리 시스템 개발 요구사항 분석을 통한 개발 방향 제시)

  • Lee, Seung-Hun;Kim, Sun-Kuk;Lee, Jun-Bok;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.204-209
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    • 2006
  • Despite the recent depression of the construction industry, overseas plant market especially Middle East plant market is booming owing to the high oil price. Since many Middle Eastern countries are placing orders of big scale projects based on the high oil price, Korean EPC contractor are trying to get over the depression through theses plants. Presently, since the plant market is in prosperous condition in general, it is not hard to get overseas orders; however the original licenses that requirehigher technology and high added values are exclusive for advanced engineering companies which great difficulty is predicted for developing countries like us to join the crowd. Therefore, the objective of this study is to propose establishment of material management system on the filed to gain optimized effect of material management in connection with procurement system that all the procurement related personals execute tasks in advanced level by systemizing the task operation within the knowledge and task ability in time for plant construction procurement as a method to strengthening the competitiveness of Korean companies.

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Exploring Determinants of Corporate Adoption and Diffusion of e-marketplace: A Procurement Perspective

  • Joo, Young-Beum;Kim, Young-Gul
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.43-46
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    • 2003
  • Based on the innovation literature, this study has identified nine variables under three categories (technological, environmental, and organizational contexts) and evaluated their influence on e-marketplace adoption and diffusion within organizations. We have also assessed whether level of e-marketplace diffusion is related to the procurement performance of the purchasing organizations.

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A Study on the Improving Life-up and Procurement Work Flow for Effectiveness of Resources increase in the Building Construction (건설공사의 자원 효용성 증대를 위한 조달 및 양중 작업흐름 개선에 관한 연구)

  • Lee Hyung-Soo;Yoon You-Sang;Suh Sang-Wook
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.442-445
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    • 2003
  • The purpose of this study is to present an improved lift-up & procurement work flow for effectiveness of resources increase in building construction. The current lift-up & procurement work flow has some waste factors; complicated information system, connection lack with process and decision-making delay. Therefore the study applied the value stream mapping methodology for improvement of current lift-up & procurement work flow. The main contents of the study are as follows; 1) A problem of current work flow were analyzed through current state mapping(CSM). 2) An improved work flow was suggested through future state mapping(FSM). 3) An improvement effect analysis of information system and lift-up planning The study recommends that continuous improvement of lift-up & procurement work flow and efficient management of information in building construction.

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A Study on Optimal Lead Time Selection Measures of the Construction Materials (건설자재의 적정 리드타임 산정에 관한 연구)

  • Lee, Sang-Beom
    • Journal of the Korea Institute of Building Construction
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    • v.4 no.1
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    • pp.105-110
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    • 2004
  • Resource procurement is an important management area because cost of resource covers 40% of total construction project cost and resource delivery has direct relationship with project performance. Integration of cost provides various potentials for effective and efficient project control. This study investigates the usefulness of time in resource procurement management focused on materials. These days, construction projects have characterized manufacture because of industrialization and component. Therefore, application of systematic resource planning has been requested in the construction. There are many companies conducting procurement of resource on the web by applying MRP, ERP etc. in the construction. However, in applying them in the construction yet, there is obstruction. MRP has the character doing its function under accurate cost prediction of resource. But prediction of resource is difficult in industry mechanism of the construction. If accurate cost prediction of resource is possible in the construction, it will be expected to reduce cost of procurement of resource substantially by applying successful resource planning model in the manufacture. On the basis of recent current, the purpose of study is to present procurement of resource system that period observance of construction and minimization of stock is possible by reflecting accurate lead-time to apply proactive thought to be able to cope with alteration of construction schedule efficiently in analyzing resource planning of the construction site.