• Title/Summary/Keyword: SC(supply Chain)

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Balancing between Supply and Demand in Supply Chain Operating (공급사슬 운영에서의 수요와 공급 균형에 관한 연구)

  • Jo Min-Gwan;Lee Yeong-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.371-374
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    • 2004
  • The ultimate purpose of Supply Chain Management (SCM) is maximizing the profits of the overall Supply Chain (SC) through increasing customer satisfaction and decreasing operating cost. It can be successfully accomplished only when SC system balances demands with supply activities coordinated by aggregate planning, mid-term level of Supply Chain Planning(SCP). However, the existing measures to mainly estimate the specific function of SCM are not enough to evaluate the state of SC with respect to the balance between supply and demand in operating. To solve this problem, we develop a new SC performance measure, Balancing Point, using momentum concept. a fundamental knowledge of physics. Momentum concept can explain the relation among objects so that it can consider the balance between supply and demand in SC operating. The developed measure can not only consider the current state of the SC system but also take planned but not executed supply activities and upcoming demands into account. Therefore, using Balancing point, we can be aware of the unbalanced state of SC in advance.

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A Methodology for Analysis of Supply Chain System using Reliability Theory (신뢰성 이론을 이용한 공급 사슬 시스템 분석에 관한 연구)

  • 조민관;이영해
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.257-260
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    • 2001
  • The primary objective of Supply Chain Management (SCM) is to optimize the cash, material and information flow considering all components of Supply Chain (SC) . The plan, established for achieving such objective, is called Supply Chain Planning (SCP) . This SCP gives each SC component specific volume or operation task, should be done in specific due date, for optimizing SC. In detail, the degree of accomplishment for SCP, depends on the SCP achievement of each SC components, is very close to successful SCM. However, this achievement is affected by uncertainties about time and volume. In general, reliability concepts means the probability that a product or system will perform its specified function under prescribed conditions without failure for a specified period of time. Therefore, the concept of Supply Chain Reliability (SCR) and an analytic methodology to calculate the degree of achievement SCP using reliability concept are proposed in this paper. SCR means that the degree of achievement for SCP considering all SC components in due date. SCR can be used to measure the performance of whole supply chain and indicate the direction of SCP.

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A Performance Measure for Supply Chain System using Reliability Theory (신뢰성 이론을 이용한 공급 사슬 시스템의 평가 척도에 관한 연구)

  • Cho Min Kwan;Lee Young Hae
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.195-202
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    • 2002
  • The primary objective of Supply Chain Management (SCM) is to optimize the cash, material and information flow for satisfying customer demands through coordinating the relationship between Supply Chain components such as suppliers, manufacturers, and inventories, etc. By Supply Chain Planning (SCP), operation tasks or goals, should be done in specific due date, are ordered to each SC component for achieving such objective. However, the achievement for operation tasks or goals is affected by uncertainties in SC. In general, reliability theory Is explained as the probability that a product or system will perform its specified function under prescribed conditions without failure for a specified period of time. Therefore, the reliability of SC can be defined as the probability that SC will satisfy customer demands until the specific due date. In this paper, a basic framework to evaluate reliability is respectively proposed as supply chain components, and then a overall framework to estimate the reliability for SC is also proposed.

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The Effect of Cooperate Social Responsibility in Supply Chain Management (SC-CSR) on the Willingness to Initiate CSR in Small and Medium-sized Enterprises (공급망경영(SCM) 내 사회적책임이 중소기업 사회적책임 이행의지에 미치는 영향)

  • Yoon, Heon-Deok;Sung, Jong-Su;Seo, Ri-Bin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.2
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    • pp.25-34
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    • 2012
  • It is expected reasonably that firms are likely to be motivated to engage in cooperate social responsibility(CSR) more effectively and efficiently in order for sustainable growth when partnerships on supply chain are willing to embrace the initiative for CSR actively rather than a firm's effort. Given that this is a SCM(Supply Chain Management) approach to CSR, the SC-CSR(Cooperate Social Responsibility in Supply Chain), which encourage all partners on supply chain to apply it, can provide larger social impact. This study is to verify the effect of SC-SCR on the willingness to initiate CSR in small and medium-sized enterprises. As a result of empirical analysis, the application of SC-SCR has positive effect on the willingness of small and medium-sized enterprises to initiate social responsibility by promoting the situational needs. This results indicates that helping firms observe ISO 26000, the recognized international standard for CSR, the motivation for SCR can be reinforced by making partners on supply chain respect CSR.

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Decentralized Supply Chain Coordination with Revenue Sharing Mechanism: Transfer Pricing Heuristics and Revenue Share Rates

  • Chen, Hung-Yi;Wu, Hsiao-Chung
    • Industrial Engineering and Management Systems
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    • v.8 no.4
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    • pp.213-220
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    • 2009
  • A revenue sharing contract is one of the mechanisms that coordinate decision makers in a decentralized supply chain toward the consensual goal. The transfer prices between different echelons in the supply chain influence the total supply chain profits. The study aims to explore various transfer pricing heuristics on the supply chain coordination in terms of the supply chain profits and their interactions with the revenue sharing rate. A model is proposed for formulating the collaborative production and distribution planning in a decentralized supply chain with the revenue sharing mechanism. Experiment results indicate that the transfer price and the revenue sharing rate affect significantly the coordination. Among the studied pricing heuristics, the variable-cost pricing method led to the best SC profits. Raising the revenue sharing rate reduced the SC profits no matter what heuristics were employed. Furthermore, the experiments provide us clues for finding the optimal transfer price for the supply chain.

Global Supply Chain and Competitive Power of Incheon Port (글로벌 공급사슬 형성과 인천항의 경쟁력)

  • Chin, Hyung-In
    • Journal of Korea Port Economic Association
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    • v.25 no.1
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    • pp.141-168
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    • 2009
  • Rapid progress of globalization around the world makes global supply chain management a very important competitive strategy for global corporation. And ports, where international trade cargoes are coming and going through on a large scale, are becoming global supply chain basis for global co게orations. Accordingly, ports' capabilities to support global supply chain activities of global corporation become major tools for the measurement of ports' competitiveness. Recently there have been several studies to find the variables related to port's supply chain function and port's competitiveness. In this study, an effort has been made to identify variables related to port supply chain function and competitiveness. Also, considering the increasing usefulness and rising importance of Incheon port, the supply chain function of Incheon port and it's relationship to Incheon port's competitiveness has been ascertained.

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Factors Impacting on the Supply Chain Collaboration of the Furniture Industry in Vietnam

  • Suong, Huynh Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.4
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    • pp.67-77
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    • 2017
  • The purpose of this research is to explore the factors affecting on Supply chain (SC). In fact, the collaborative supply chain (CSC) concept in Vietnam is quite new. Apart from obvious differences of doing business between Western versus and most of developing countries such as Vietnam, the literature suggests that collaboration in the supply chain (SC) of the furniture industry are quite low. The primary reason for such low adoption rates is low awareness of enterprises. In order to achieve the purpose of this study, a literature survey related to SC, CSC was carried out, and an empirical analysis was conducted among 276 manufacturers in this industry with the results analyzed. Using Cronbach's alpha analysis, Explore Factor Analysis (EFA) and Regression Analysis (RA) with primary data collected 276 valid samples from 393 samples in Vietnam, this paper explores and confirms that there are existed six basic factors affecting the collaboration in supply chain including: (i) Trust; (ii) Power; (iii) Maturity; (iv) Strategy; (v) Culture; and (vi) Frequency. Results of the research show strong evidences for policy makers and enterprises for management the supply chain collaboration in furniture industry as well as its contribution to literature review of supply chain management.

An exploratory study on the objectives of SC integration and classifying the type of SC integration (공급사슬 통합의 대상과 유형의 분류에 관한 탐색적 연구)

  • Gwak, Su-Il;Mun, Jong-Beom;Kim, Su-Uk
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.651-657
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    • 2005
  • This study figures out the objectives of supply chain integration and proposes a conceptual framework for classifying the type of supply chain integration in order to help developing supply chain integration strategy. We figure out the objectives of supply chain integration by structural integration and functional integration and then develop a conceptual framework for classifying the type of supply chain integration by combining the clusters of structural integration factors and functional integration factors. Using the framework, a firm would be able to figure out which type of supply chain it belongs to and develop appropriate supply chain integration strategy.

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Supply Chain Replanning Considering Balance of Supply and Demand (수급(需給)균형을 고려한 공급사슬 재계획에 관한 연구)

  • Cho, Min-Kwan;Lee, Young-Hae
    • IE interfaces
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    • v.17 no.spc
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    • pp.79-89
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    • 2004
  • Supply Chain (SC) can balance demands with supply activities as executing Supply Chain Planning (SCP). The fluctuated demands, however, will break the balance between demand and supply. It means that the present SCP is useless in responding the changed demands. Thus it is necessary for SCP to be updated with changed demands. We call this procedure as Supply Chain Replanning. However, the existing measures for SC can not deal with the balance between supply and demand so that they can not detect effectively the timing of replanning. For this reason, a new performance measure, Balancing Point, is developed using momentum, a concept of Physics. It can treat the balance between supply and demand. Also, a replanning method based on Balancing Point is proposed. The proposed method is more effective than the existing replanning method, periodic replanning method and net inventory method.

A Study on the Introduction Effect of Supply Chain Strategies Using the Analysis of Enterprise Logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Suk-Jae;Kim, Kyung-Sup
    • Korean Management Science Review
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    • v.25 no.2
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    • pp.89-109
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    • 2008
  • As the importance of logistics is increasing, Enterprises try to design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network. Despite of this efforts, Calculating the logistics costs without reflecting the real components of logistics like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies has many limitation to calculate the logistics cost of real enterprise. For overcoming such problem, this paper is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea. Also, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs using the simulation and statistic methods. we expect that analysis results of this paper would be applied various industries and be utilized to the efficient tools for the decision making by planing and execution of the logistics budget from enterprises.