• Title/Summary/Keyword: Supply

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A Study on Expected Dispute Arbitration in Supply Chain ESG Management: Focusing on the cases of POSCO and NAVER (공급망 ESG 관리에서 예상되는 분쟁 중재에 관한 연구 - 포스코와 네이버 사례를 중심으로 -)

  • Lee, Geonwoo;Lee, Jungeun;Lee, Hunjong
    • Journal of Arbitration Studies
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    • v.34 no.1
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    • pp.75-101
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    • 2024
  • "ESG management" guides companies to prioritize corporate social responsibility and sustainable development as key management objectives, going beyond mere financial performance pursuits. This approach involves creating a sustainable and robust supply chain by urging companies, acting as 'supply chain managers', to implement ESG management practices alongside their 'supply chain partners'. The domestic business community has been quick to respond to this trend, recognizing that failure to adhere to ESG standards set by organizations such as the EU and SEC could lead to severe repercussions, including exclusion from international trade and reputational damage. POSCO and NAVER, two leading Korean companies, are at the forefront of practicing ESG management effectively. They have both produced and publicly disclosed ESG management reports, showcasing their success in enhancing supply chain ESG management. However, as supply chain managers enforce ESG-related obligations on their suppliers, the likelihood of disputes between the parties may increase. In scenarios where supply chain ESG management leads to conflicts between supply chain managers and suppliers, commercial arbitration emerges as a viable solution for dispute resolution. This method offers several advantages, including the arbitrators' expertise, time and cost efficiency, the binding nature of decisions akin to a court's final judgment, international recognition under the New York Convention, confidentiality, and ample opportunity for parties to be heard. Our analysis focuses on the emerging disputes between supply chain managers and suppliers within the context of supply chain ESG management, particularly examining the cases of POSCO and NAVER. By categorizing the expected types of disputes and assessing the appropriateness of commercial arbitration for their resolution, we highlight the effectiveness of this approach. Furthermore, we propose leveraging the Korean Commercial Arbitration Board's role to enhance the use of arbitration in resolving supply chain ESG disputes, underscoring its potential as a strategic tool for maintaining sustainable and harmonious supply chain relationships.

Control and Design of a Arc Power Supply for KSTAR's the Neutral Beam Injection

  • Ryu, Dong-Kyun;Lee, Hee-Jun;Lee, Jung-Hyo;Won, Chung-Yuen
    • Journal of Electrical Engineering and Technology
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    • v.10 no.1
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    • pp.216-226
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    • 2015
  • The neutral beam injection generate ultra-high temperature energy in the tokamak of nuclear fusion. The neutral beam injection make up arc power supply, filament power supply and acceleration & deceleration power supply. The arc power supply has characteristics of low voltage and high current. Arc power supply generate arc through constant output of voltage and current. So this paper proposed suitable buck converter for low voltage and high current. The proposed buck converter used parallel switch because it can be increased capacity and decrease conduction loss. When an arc generated, the neutral beam injection chamber occur high voltage. And it will break output capacitor of buck converter. Therefore the output capacitor was removed in the proposed converter. Thus the proposed converter should be designed for the characteristics of low voltage and high current. Also, the arc power supply should be guaranteed for system stability. The proposed parallel buck converter enables the system stability of the divided low output voltage and high current. The proposed converter with constant output be the most important design of the output inductor. In this paper, designed arc power supply verified operation of system and stability through simulation and prototype. After it is applied to the 288[kW] arc power supply for neutral beam injection.

A Linear Programming Approach for Supply Network Planning based on Supply Chain Collaboration Strategy (선형계획법을 이용한 협업공급망계획 수립모델)

  • Lee, Seung-Keun;Lee, Hong-Chul
    • IE interfaces
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    • v.17 no.4
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    • pp.472-481
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    • 2004
  • In this paper, we propose a linear programming model of supply planning process for the supply chain collaboration strategy of a company. The amount of its supplying quantity relies on outsourcing suppliers heavily. Conversely, the revenues of those suppliers are highly dependent on the supplying quota from the supply network planning of the company. In order to keep the supply stable through collaboration, the company builds such a policy to guarantee the fairness on revenue between the supplies. For this, the supply network plan should keep the capacity utilization ratio even for all the suppliers. But the production capacities are different and the distribution of molds is disproportional through suppliers, so the supply network plan is not easily established with simple arithmetic processes. Therefore, we developed the linear programming model with those target function and constraints minimizing the costs for holding inventory and penalty of delayed delivery, simultaneously guaranteeing the even capacity utilization through suppliers. The proposed model has been applied to real case and the evaluation for the planning result from the model would be followed in order to make sure that our model guarantee on extracting the supply network plan subordinated to the policy. Also we mention about further studies for improvement of the model.

A Determinant Factors on Supply Chain Performance of Shipping and Logistics Firm in International Logistics (국제물류에서 해운물류기업의 공급사슬성과 결정요인)

  • Yun, Kwang-Woon;Bae, Hee-Sung
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.30
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    • pp.3-26
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    • 2006
  • Supply chain is viewed as a number of organizations(at least three) working cooperatively with at least some shared objectives. The concept of supply chain management represents the most advanced state in the evolutionary development of purchasing, procurement and other supply chain activities. This study aims to analyze and develop a measurement instrument for supply chain performance in international logistics. A measurement instrument for supply chain performance in international logistics are developed by Lai et al(2002). Supply chain reliability, customer service and cost are constructed reflecting service effectiveness and operations efficiency between shipper, forwarder and liner. The results of this study are as follow. We firstly tested the measurement properties of the sub-dimension of the supply chain performance construct using reliability test and confirmatory factor analysis follow by exploratory factor analysis. For each of the factor, reliability and validity are achieved because of the significant loading of the measurement items on their latent factors. Further research perform the analysis of variance by multi respondents within each firm and across partner firms in the supply chain. The result of analysis present the difference with shipper, forwarder and liner in statistics.

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A study on the SCM Activity and Business Performance varied with the Supply Chain Structure (공급사슬구조에 따른 SCM 활동과 경영성과에 관한 연구)

  • Jang Hyeong-Wook;Lee Sang-Shik;Park Byung-Kwon
    • The Journal of Information Systems
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    • v.15 no.2
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    • pp.173-193
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    • 2006
  • This study first conceptualizes and investigates five dimensions of SCM activities, such as organizational capacity, revitalization support collaboration, appraisal and responsibility, and information system activities. Second, this study develops three dimensions of a supply chain structure, and proposes a balanced scorecard (BSC) model in order to measure business performance. And then, this study establishes too research hypotheses as follows: H1. The SCM activities varies with the supply chain structure. H2. The management performance varies with the supply chain structure. In the questionnaire survey for empirical analysis, this study carefully selected 809 of companies in Korea. We conducted a survey by mail and collected 127 data. Out of 127 data we actually used 103 responses for statistical analysis. After conducting statistical analysis, we could find the results as followed: 1) The supply chain structure was classified into three networks through a clustering procedure, such as supply network, conversion network, and distribution network, and these networks were used to testify hypotheses. As a result the effect of SCM activities varies according to three networks and especially, the companies in distribution network were more active than those in supply and conversion networks doing SCM activities. 2) We may conclude that business performance varies with three networks, and distribution network achieves better performance than supply and conversion networks do.

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An Analysis of Relation between Supply Criteria of Public Facilities and Residents' Satisfaction for the Community Revitalization in the Apartments (공동주택 내 커뮤니티 활성화를 위한 주민공동시설 설치기준과 주민 만족도와의 관계 분석)

  • Choi, Ki-Taek;Lee, Joo-Hyung
    • KIEAE Journal
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    • v.11 no.6
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    • pp.19-28
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    • 2011
  • This study examines the current status on the supply of community facilities based on the supply criteria of present welfare facilities. Analyzing satisfaction of residents about community facilities based on physical supply criteria. The study sets up the concept and proposed trend of the related studies and distinction through the examination of previous researches. Next, the present systematical supply criteria, was used to make indication in order to propose the promotion of improvement on supply criteria for community facilities. Multi dimensional analyzing system and the satisfaction level of the community facility was used to analyze the relationship between the two. The direction of policy improvement according to the analysis is as per the following. First, it is necessary to improve supply criteria of household to guarantee the minimal amount of space. Second, specification of the minimum distance of community facility to residential area in the complex is needed. Also, the presentation of bottom boundary line of the formation area size to expand the size up to minimal level of size is needed. Third, resident exercise facility supply criteria among the community facility supply criteria need to be improved from the number of household base to the size for each household base. Forth, resident resting facility criteria among the community facility supply criteria should be changed from the present criteria of one facility per five hundred households.

The Impact of Interactional Justice and Supply-Chain Collaboration on Sustainable SCM Performance: The Case of Multinational Pharmaceutical Firms

  • LEE, Changjoon;HA, Byoung-Chun
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.2
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    • pp.237-247
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    • 2020
  • This study explored the impact of interactional justice on supply-chain collaboration and sustainable supply-chain performance. Accordingly, it classified interactional justice of supply-chain management (SCM) into interpersonal and informational justice, and empirically classified the effects of these subordinate concepts on supply-chain collaboration and sustainable supply-chain performance. To this end, 700 questionnaires were distributed, and 201 final valid responses were used for the statistical analysis which revealed the significant positive influence of interpersonal justice on informational justice. This indicates that courtesy, respect, and proper words are important in the relationship between buyers and sellers. Both interpersonal and informational justice had a significant positive relationship with supply-chain collaboration. The results suggest that a fair-trade environment should be cultivated to encourage and facilitate seller-buyer collaboration. Lastly, supply-chain collaboration had a positive influence on sustainable supply-chain performance. This implies that if justice is not perceived in the seller-buyer relationship, collaboration can be hindered, which negatively impacts corporate performance. These findings also helped to understand the importance of interactional justice and to propose a new relationship between interpersonal and informational justice.

Prediction of Tier in Supply Chain Using LSTM and Conv1D-LSTM (LSTM 및 Conv1D-LSTM을 사용한 공급 사슬의 티어 예측)

  • Park, KyoungJong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.2
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    • pp.120-125
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    • 2020
  • Supply chain managers seek to achieve global optimization by solving problems in the supply chain's business process. However, companies in the supply chain hide the adverse information and inform only the beneficial information, so the information is distorted and cannot be the information that describes the entire supply chain. In this case, supply chain managers can directly collect and analyze supply chain activity data to find and manage the companies described by the data. Therefore, this study proposes a method to collect the order-inventory information from each company in the supply chain and detect the companies whose data characteristics are explained through deep learning. The supply chain consists of Manufacturer, Distributor, Wholesaler, Retailer, and training and testing data uses 600 weeks of time series inventory information. The purpose of the experiment is to improve the detection accuracy by adjusting the parameter values of the deep learning network, and the parameters for comparison are set by learning rate (lr = 0.001, 0.01, 0.1) and batch size (bs = 1, 5). Experimental results show that the detection accuracy is improved by adjusting the values of the parameters, but the values of the parameters depend on data and model characteristics.

A Presumption of Water Supply Amount for Calculation of Equipment Capacity in High School Building (고등학교 건축물의 장비용량 산출용 급수량 추정)

  • Park Yool;Lee Hak-Soo;Lee Sung
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.18 no.10
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    • pp.768-775
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    • 2006
  • The water supply system has been designing by decision process such as calculation of water supply amount, capacity of water tanks and pumps, pipe size. Especially, when we estimate excessively water supply amount, the initial cost and running cost will increase according to enlargement of the water tank and pump capacity, and water quality of ground water tank can become worse. Therefore, calculation of water supply amount is basically most important factor. In order to calculate exactly water supply amount applying domestic real situation, we should set up basic data as well as study calculation methods. This research would consider calculation methods of water supply amount for school building through examine domestic and foreign basic data of water supply amount and characteristics of domestic school, and estimate daily water supply in high school.

Effect of Supply and Return Locations of a Floor-Supply Cooling System on Thermal Comfort

  • Kim, Young-Il;Kim, Jo-Seph;Yoo, Ho-Seon
    • International Journal of Air-Conditioning and Refrigeration
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    • v.9 no.4
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    • pp.37-46
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    • 2001
  • This study numerically investigates thermal comfort of a space cooled by a floor-supply air-conditioning system, in which three different combinations of supply and return locations, one floor-supply/ceiling-return and two floor-supply/floor-return, are treated. A complementary experiment is performed to validate the present numerical analysis, and the prediction agrees favorably with the measured data. In the numerical procedure, a simplified model mimicking the inlet flow through a diffuser is developed for efficient simulations. The calculated results show that the ceiling-return type is far better in terms of thermal comfort than the floor-return ones within the extent of this study, which seems to be caused by effective vertical penetration of the supply air against natural convection. It is also revealed that the arrangement of port locations in the floor-supply/floor-return system has insignificant effect on the cooling performance. For selecting a proper system, other characteristics including the heating performance should be accounted for simultaneously with the present considerations.

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