• Title/Summary/Keyword: Supply

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Supply models for stability of supply-demand in the Korean pork market

  • Chunghyeon, Kim;Hyungwoo, Lee ;Tongjoo, Suh
    • Korean Journal of Agricultural Science
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    • v.49 no.3
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    • pp.679-690
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    • 2022
  • As the supply and demand of pork has become a significant concern in Korea, controlling it has become a critical challenge for the industry. However, compared to the demand for pork, which has relatively stable consumption, it is not easy to maintain a stable supply. As the preparation of measures for a supply-demand crisis response and supply control in the pig industry has emerged as an important task, it has become necessary to establish a stable supply model and create an appropriate manual. In this study, a pork supply prediction model is constructed using reported data from the pig traceability system. Based on the derived results, a method for determining the supply-demand crisis stage using a statistical approach was proposed. From the results of the analysis, working days, African swine fever, heat wave, and Covid-19 were shown to affect the number of pigs graded in the market. A test of the performance of the model showed that both in-sample error rate and out-sample error rate were between 0.3 - 7.6%, indicating a high level of predictive power. Applying the forecast, the distribution of the confidence interval of the predicted value was established, and the supply crisis stage was identified, evaluating supply-demand conditions.

Inter-oraganisational Information Systems (IOIS) and Cybermediaries for Agriculture and Food Supply Chain

  • Rajaguru, Rajesh;Swar, Bobby
    • Agribusiness and Information Management
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    • v.5 no.1
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    • pp.1-10
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    • 2013
  • Competition in supply chain has moved from between being organizations to between supply chain. To enhance competitiveness in supply chain, there is a need for organisations to establish and manage collaborative relationships among supply chain partners and share operational and strategic information timely and accurately. As a result, food supply chain partners have adopted of inter organisational information systems (IOIS) such as EDI, IEDI, RFID, internet, and extranets to facilitate exchange of information, streamline production and to effectively manage inventory processes so as to deliver value to the customer. Together with IOIS, cybermediaries also plays a key role in facilitating agriculture and food supply chain. This paper investigates the role and significance of IOIS and cybermediaries in facilitating agriculture and food supply chain. Convergent interviewing was conducted with agriculture producers, food processors and retailers. The study identified logistics, supply chain and customer services benefits perceived from implementing IOIS and utilising cybermediaries services in the food supply chain. To conclude the conceptual paper outlined managerial implications and areas for future research.

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A Study on the Indoor Airflow Pattern by Changing the Location of Mechanical Terminal Unit (실내 급.배기구 위치변화에 따른 실 공기유동에 관한 연구)

  • Choi, Jeong-Min;Cho, Sung-Woo
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.3
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    • pp.193-200
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    • 2009
  • The ventilation system of apartments can be divided by supply and exhaust fan, supply fan and exhaust free and supply free and exhaust fan. Recently, the individual ventilation system and central ventilation system which is combined cooling system with duct system are applied to apartment ventilation system. The airflow pattern is affected by location of supply unit and exhaust unit in indoor. This study is to investigate the proper distance between supply unit and exhaust unit using CFD. As a result of this study, the proper distance between supply unit and exhaust unit could be suggested at the interval of 3 m in supply and exhaust fan system and 2.5 m in supply fan and exhaust free.

Combined Discrete-Continuous Modeling for Supply Chain Simulation

  • Cho, Min-Kwan;Lee, Young-Hae;Kim, Seo-Jin
    • Proceedings of the Korea Society for Simulation Conference
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    • 2001.10a
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    • pp.405-424
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    • 2001
  • Many simulation models have been built to facilitate simulation technique in designing, evaluating, and optimizing supply chains. Simulation is preferred to deal with stochastic natures existing in the supply chain. Moreover simulation has a capability to find local optimum value within each component through entire supply chain. Most of supply chain simulation models have been developed on the basis of discrete-event simulation. Since supply chain systems are neither completely discrete nor continuous, the need of constructing a model with aspects of both discrete-event and continuous simulation is provoked, resulting in a combined discrete-continuous simulation. In this paper, an architecture of combined modeling for supply chain simulation is proposed, which includes the equation of continuous portion in supply chain and how these equations are used in the supply chain simulation models. A simple example of supply chain model dealing with the strategic level of supply chain presented in this paper shows the possibility and the prospect of this approach.

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Combined Discrete-Continuous Modeling Methodology for Supply Chain Simulation (공급사슬 시뮬레이션을 위한 이산-연속 혼합 모델링 방법에 관한 연구)

  • 김서진;이영해;조민관
    • Journal of the Korea Society for Simulation
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    • v.10 no.2
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    • pp.75-89
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    • 2001
  • Many simulation models have been built to facilitate simulation technique in designing, evaluating, and optimizing supply chains. Simulation is preferred to deal with stochastic natures existing in the supply chain. Moreover simulation has a capability to find local optimum value within each component through entire supply chain. Most of supply chain simulation models have been developed on the basis of discrete-event simulation. Since supply chain systems are neither completely discrete nor continuous, the need of constructing a model with aspects of both discrete-event and continuous simulation is provoked, resulting in a combined discrete-continuous simulation. In this paper, an architecture of combined modeling for supply chain simulation is proposed, which includes the equation of continuous portion in supply chain and how these equations are used in the supply chain simulation models. A simple example of supply chain model dealing with the strategic level of supply chain presented in this paper shows the possibility and the prospect of this approach.

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A Study on Application of Safety Management to Supply Chain (공급망의 안전관리 적용에 관한 연구)

  • Yu Woo-Yeon;Lee Byoung-Ki;Kang Kyong-Sik
    • Journal of the Korea Safety Management & Science
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    • v.7 no.4
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    • pp.39-48
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    • 2005
  • Both supply chain management and safety management contribute to strengthening a company's competitiveness. However, there is no previous research that considers supply chain management and safety management simultaneously The objective of this research is to study on application of safety management to supply chain. In this paper, the concept of supply chain safety management is defined. Based on the concept of supply chain safety management, supply chain safety management model is developed that consists of supply safety management, production safety management, storage safety management, and distribution safety management. In order to apply supply chain safety management, a methodology is developed that consists of four phases. Applying the supply chain safety management model, it is expected a company to lower cost as well as to raise customer satisfaction level.

A Quantitative Model for Supplier-Buyer's Profit Sharing and Pricing Policies Based on Supply Chain Partnerships (공급사슬 파트너십 하에서 공급자-구매자 이익공유와 가격결정 정책에 대한 계량 모형)

  • Cho Geon;So Soon-hoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.1
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    • pp.73-82
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    • 2006
  • Supply chain management (SCM) has been regarded as one of the most critical issues in the current business environment. Moreover, supply chain partnerships between suppliers and buyers in SCM have had a significant impact on supply chain performance. In this paper, we conduct a quantitative analysis for supplier-buyer's profit sharing and pricing policies based on supply chain partnerships. For this purpose, we assume that a two echelon supply chain with a single supplier and a single buyer is given and the buyer faces deterministic demand which is not only a function of buyer's selling price, but also strictly decreasing, concave, and twice differentiable function. Then we will prove the following. Firstly, without supply chain partnerships, there exist supplier and buyer's selling prices per unit such that their total profits are maximized, under the assumption that buyer's order quantity is exactly equal to the demand buyer faced. Secondly, buyer's selling price per unit which maximizes supply chain's total profit with supply chain partnerships is lower than buyer's selling price per unit which maximizes buyer's total profit without supply chain partnerships. Thirdly, given supplier's selling price per unit. buyer's total profit without supply chain part nerships is greater than that with supply chain partnerships, whereas the opposite case happens for supplier's total profit. Finally, there exists supplier's selling price per unit which makes the maximum total profits for both supplier and buyer with supply chain partnerships greater than those obtained for any given supplier's selling price per unit without supply chain partnerships.

Adaptive Supply Chain Management under Severe Supply Chain Disruption: Evidence from Indonesia

  • ONGKOWIJOYO, Gracia;SUTRISNO, Timotius F.C.W.;TEOFILUS, Teofilus;HONGDIYANTO, Charly
    • Journal of Distribution Science
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    • v.18 no.11
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    • pp.91-103
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    • 2020
  • The recent Covid-19 outbreak has caused severe disruption of the global supply chain, which tests firms' ability to survive and build resilience. The concept of adaptive supply chain management (A-SCM) has never been tested against a severe supply chain disruption, such as a pandemic. Purpose: The aim of this study is to examine how firms in Indonesia develop resilience through the implementation of components of adaptive supply chain management, namely risk management, resource reconfiguration and supply chain flexibility, in order to survive severe supply chain disruption. Research design, data and methodology: A qualitative method and PLS-SEM were used to analyze 120 data collected from Indonesian manufacturing firms in various industries. Results: The findings show that risk management, resource reconfiguration, and supply chain flexibility are important components that make up A-SCM. However, only risk management contributes to help build firm resilience in the presence of severe supply chain disruption. Conclusions: The components of A-SCM have been empirically tested. The implication is that managers should carefully use RM to prepare firms for different scenarios to develop contingency strategies. This research contributes to the supply chain management body of knowledge in the context of pandemic-level disruption and broadens the dynamic capabilities perspective.

Investigation of Impact of Revenue Sharing Contract on Performance of Two-Stage Supply Chain System

  • RYU, Chungsuk
    • Journal of Distribution Science
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    • v.20 no.6
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    • pp.125-135
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    • 2022
  • Purpose: The revenue sharing contract has been used in various industries and it is expected to coordinate the individual companies' operations in a way to improve the whole supply chain performance. This study evaluates the performance of the revenue sharing contract to find out whether this contract achieves its original goal, the supply chain coordination. Research design, data, and methodology: The profit optimization models are developed to represent two stage supply chain system with a supplier and a buyer. By using the numerical examples of the proposed mathematical models, this study examines whether this supply chain contract coordinates the supply chain system. Results: The numerical examples show that the revenue sharing contract does not make the same supply chain profit as the centralized system does. With the proper combination of the wholesale price discount rate and revenue share ratio, both manufacturer and retailer can obtain increased profits from the revenue sharing contract. Conclusions: The outcomes of the numerical analysis imply that the revenue sharing certainly improves the supply chain performance but it does not fully coordinate the supply chain system. By controlling the wholesale price and revenue share ratio, every supply chain member can be beneficiaries of this supply chain contract.

Determination of the Optimal Location for Water Treatment Plants in the Decentralized Water Supply System (분산형 용수공급시스템 구축을 위한 정수처리시설 최적 위치 결정)

  • Chang, Dong-Eil;Ha, Keum-Ryul;Jun, Hwan-Don;Kim, Jeong-Hyun;Kang, Ki-Hoon
    • Journal of Korean Society of Water and Wastewater
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    • v.27 no.1
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    • pp.1-10
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    • 2013
  • Major issues in water supply service have changed from expansion of service area to improvement of service quality, i.e., water quality and safety, and early response to emergency situation. This change in the service concept triggers the perceptions of limitation with the current centralized water supply system and of necessities of decentralized (distributed) water supply system (DWSS), which can make up the limitations. DWSS can reduce the possibility of water supply outage by establishing multiple barriers such as emergency water supply system, and secure better water quality by locating treatment facilities neighboring consumers. On the other hand, fluctuation of water demand will be increased due to the reduced supply area, which makes difficult to promptly respond the fluctuating demand. In order to supplement this, hybrid water supply system was proposed, which combined DWSS with conventional water supply system using distributing reservoir to secure the stability of water supply. The Optimal connection point of DWSS to existing water supply network in urban area was determined by simulating a supply network using EPANET. Optimal location of decentralized water treatment plant (or connection point) is a nodal point where changes in pressure at other nodal points can be minimized. At the same time, the optimal point should be selected to minimize hydraulic retention time in supply network (water age) to secure proper water quality. In order to locate the point where these two criteria are satisfied optimally, Distance measure method, one of multi-criteria decision making was employed to integrate the two results having different dimensions. This methodology can be used as an efficient decision-support criterion for the location of treatment plant in decentralized water supply system.