• Title/Summary/Keyword: Supplier management

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Buyer's EOQ problem with inventory-level-dependent demand rate when the supplier allows day-terms credit

  • Song Chang-Yong;Shinn Seong-Whan
    • Proceedings of the Safety Management and Science Conference
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    • 2001.05a
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    • pp.199-203
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    • 2001
  • In today's business transactions, it is more and more common to see that the buyers are allowed some grace period before they settle the account with the supplier. In this regard, we analyze the problem of determining the buyer's EOQ when the supplier allows day-terms credit. For the analysis, it is assumed that the buyer's demand rate is a function of the on -hand inventory level and the relevant mathematical model is developed.

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Supplier-Buyer Models for a Long-term Replenishment Contract and ARIMA Demand Process (ARIMA수요과정을 갖는 장기보충계약하의 공급자 구매자 모형)

  • 이동규;김종수
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.329-333
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    • 2003
  • This study presents supplier buyer models representing the interactions between supplier and buyer under a long-term replenishment contract in a supply chain system. We established the models according to the economic power of each party. Analysis based on Stackelberg game theoretic approach is tried for each model. We develop methods for each agent to follow to complete a contract for the best interest of each participant.

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Cooperative Determination of Economic Order Quantity to Reduce a Supplier's Freight Cost (공급자의 운송비용을 절감하기 위한 경제적 발주량의 상효협동적 걸졍)

  • Kim, Kap-Hwan;Hwang, Hark
    • Journal of the Korean Operations Research and Management Science Society
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    • v.14 no.1
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    • pp.51-58
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    • 1989
  • A joint economic ordering problem between supplier and customer has been formulated where a supplier has to pay the freight cost which follows the principle of economy of scale. An algorithm is given to determine order size and price simultaneously which give gains to both parties. A scenario is presented within which both parties come to a mutual agreement on the revised order size and price by utilizing quantity discount schedule.

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Evaluating Green Supply Chain Management with Incomplete Information

  • Tseng, Ming-Lang;Lin, Ru-Jen;Chiu, Anthony Shun Fung
    • Industrial Engineering and Management Systems
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    • v.11 no.2
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    • pp.165-169
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    • 2012
  • There has been a growing interest in firms' environmental sustainability activities to improve environmental practices in their supply chain. This study aims to deal with supplier evaluation of firm's green supply chain management (GSCM) criteria with incomplete information. Nevertheless, the suitable supplier is a key strategic direction in eliminating environmental impact on supply chain management for manufacturing firms. The firm's GSCM criteria and supplier selection need to be unified as a system to improve the firm's performance.

- The Study on Emphasis Construction Plan for Efficient SRM(Supplier Relationship Management) System- (실용적인 SRM(Supplier Relationship Management) 시스템을 위한 중점구축 방안에 관한 연구)

  • Park Yung Ki;Yang Kwang Mo;Seo Jang Hun
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.175-186
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    • 2004
  • The compatibility of the enterprises of Korea was the 'low cost and mass production'. That in because, the entire business transactions including production, accounting, personnel management, and logistics need to be integrated with a global perspective. Logistics information system is to support the management of such logistics activities and involves in a wide range of the business operations. In other words, the logistics information system is 0 accurately and rapidly deliver and process the information available for the logistics in order to promote more smoother and efficient logistics by using such information. I'll give a brief introduction to the SRM(Supplier Relationship Management) system and go into the problem that should be considered and which phase to emphasize when building this system.

Peeking Inside The Black-box of Supplier Integration for New Product Development: Salespersons' Coordinating and Regulating Behaviors (신제품 개발을 위한 공급자 통합에 관한 연구: 영업사원의 조정 및 규제 행동의 관점으로)

  • Oh, Jaeyoung
    • Journal of Korean Society for Quality Management
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    • v.50 no.2
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    • pp.221-233
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    • 2022
  • Purpose: This study investigates how the salespersons behave in coordinating the multiple communication channels during supplier integration (SI) for new product development (NPD), especially when their engineers directly collaborate with the buyer. Methods: This study conducted a qualitative study to explore the dynamics of the supplier's salespersons during SI for NPD. With the support of a consumer goods manufacturer (focal firm) in South Korea, we interviewed several managers, including purchasing and engineering, from the focal firm and salespersons from eight tier-1 suppliers of the focal firm. Results: The results found that the supplier's salespersons show two different behaviors toward managing and controlling the collaboration between their engineers and the buyer: (1) Process regulating behaviors that control the flows of information or communication between the engineers and the buyer, and (2) knowledge regulating behaviors that directly and indirectly support the engineers to be equipped with accurate and complete knowledge so that they can share the right knowledge with the buyer. Conclusion: This study contributes to academia and practitioners as follows. To academia, this study fill the gap in the literature by introducing the distinct behaviors of the supplier's salesperson in SI for NPD. To practitioner, in addition, our findings present coordination mechanisms to manage and control multiple communications within an inter-organizational collaboration.

An Empirical Study on the Evaluation of Supplier Selection Factors according to the Product Standardization - Focused on the Stationery and Office Machine Suppliers - (제품 표준화 수준에 따른 공급업체 선정 요인별 중요도 평가에 관한 실증적 연구 - 사무용품 및 사무기기 공급업체를 대상으로 -)

  • Kim, Shin-Joong;Lee, Jung-Sae
    • Journal of the Korea Society of Computer and Information
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    • v.13 no.1
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    • pp.261-272
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    • 2008
  • The primary research objects of this study is to evaluate an importance of supplier selection factors as an index according the level of product standardization and to present the evaluation model for supplier selection. For this purpose, this study adopts the AHP method to calculate the importance of supplier selection factors. In this study 16 factors which affect on the supplier selection decision making are classified into three factors-product supply related factor, product related factor, management ability related factor. Results also indicate that standardized products are much more dealt by means of on-line compare to customized products. It means the buyer opportunities is potentially an increase in the amount of current supplier re-evaluation, which may lead to new suppliers being considered more often.

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Criteria for Supplier Selection in Textile and Apparel Industry : A Case Study in Vietnam

  • NONG, Nhu-Mai Thi;HO, Phong Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.213-221
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    • 2019
  • The study aims to investigate some criteria of supplier selection in the textile and apparel (T&A) sector in Vietnam. Most research on supplier selection criteria for T&A sector was mainly conducted based on the review of literature. Therefore, the purpose of this study is to explore these criteria based on a framework in which an integrated approach of qualitative and quantitative was employed. First, an in-depth interview was used to explore what supplier selection criteria T&A companies were utilized after the literature on supplier selection criteria had been reviewed. Next, a prequestionnaire was built and sent to some practitioners and experts for their revision. Then, a pilot survey of 31 T&A companies with numerous statistical tests was conducted to validate the questionnaire. Finally, an official study of 282 respondents was conducted to determine supplier selection criteria which are best suited for T&A companies through exploratory factor analysis. The findings of the study suggest that there are eight supplier selection criteria including Quality, Cost, Delivery, Service, Capability, Company's image, Relationship, and Sourcing country. Each criterion comprises certain sub-criteria to make the supplier selection criteria set more comprehensive. The findings will be a contribution to the selection process of T&A companies as they can utilize these criteria to select capable suppliers.

Perceived Organizational Performance Changes Resulting from Customer-Supplier Joint Action

  • Jung, Seung-Ho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.10a
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    • pp.197-200
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    • 2000
  • The objective of this research is to identify perceived organizational performance changes resulting from customer-supplier partnership and their joint action. In addition, the perceived organizational performance change in this research is compared with objectively measured organizational performance improvement to see if there is any difference between them.

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A supplier selection method using the TOPSIS technique (TOPSIS 기법을 이용한 공급자 선정 방법)

  • 김종래;김규태
    • Korean Management Science Review
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    • v.14 no.2
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    • pp.1-17
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    • 1997
  • Many companies in these days have pursued an outsourcing policy to survive in a highly competitive world market. To effectively deal with the outsourcing policy, it is required that the companies have a useful method to rationally evaluate a supplier's performance from a viewpoint of a company's strategy and in a comparative-integrated manner. In this paper, we examined the relative importance of supplier selection criteria for a company's strategy by conducting a survey and proposed "Technique for Order Preference by Similarity to Ideal Solution(TOPSIS)" as one of the plausible techniques to evaluate a supplier's total performance. A hypothetical case study is presented to demonstrate the applicability of the method.

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