• Title/Summary/Keyword: Supply Chain Performance

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Optimal Inventory Policy in Beer Distribution Game (Beer Distribution Game에서의 최적 재고정책)

  • 조면식;김현수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.24 no.65
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    • pp.11-22
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    • 2001
  • Recently, many studies on the supply chain management have been published due to increasing attention placed on the design and performance analysis of the supply chain as a whole. Using the Beer distribution game introduced in Sterman[1995], we develop a simple order-up-to-R inventory model to minimize sum of the inventory holding cost and shortage cost under probabilistic demand. We show that performance of the model is robust through extensive simulation experiment. Applying the model to serially connected supply chain, we observe that, if the unit shortage cost is relatively high, R value computed independently is an optimal solution.

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The Effect of Factors Influencing RFID Adoption and Performance and the Moderating Effect of Environment Uncertainty within Supply Chain (공급사슬망 내부에서 RFID 채택과 성과에 영향을 주는 요인과 환경 불확실성의 조절효과에 대한 연구)

  • Kim, Sang-Hyun;Song, Young-Mi
    • Journal of Korea Society of Industrial Information Systems
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    • v.16 no.3
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    • pp.101-119
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    • 2011
  • A empirical study investigating firms' attitudes and behaviors regarding of RFID technology within supply chain is very limited. Thus, this study examines the determinants influencing firms' adoption and performance of RFID within the supply chain. Particularly, this study focus on the impacts of the companies' relationship characteristics, including strategic fit, interdependence, compatibility, and long-term orientation affection RFID adoption and performance within the supply chain. Furthermore, the study includes environment uncertainty as a moderating effect between relationship characteristics and RFID adoption. The proposed research model was tested using structural equation modeling from 227 employees. Results of this study support the proposed hypotheses. The implication of this study suggest a new theoretical framework explaining RFID adoption and performance with the supply chain.

Developing a Supply Chain Assessment Framework for Ship Building Industry: A Case study of A Company (조선 산업의 공급망 수준진단 프레임워크 개발: A조선소 사례를 중심으로)

  • Jeong, Seok-Bong
    • Journal of Digital Convergence
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    • v.11 no.3
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    • pp.243-253
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    • 2013
  • As global competition is more intensive, SCM is becoming more and more important in order to achieve competitiveness. It is necessary for firms to understand weak points among the integrated supply chain through supply chain assessment in order to implement SCM successfully and cost-effectively. In this paper, we review previous studies of SCM performance measurements and propose a supply chain assessment framework for shipbuilding industry, which is one of the major ETO industry. Based on 3 supply chain domains which are demand, supply, and product management, we decompose the whole supply chain process into 3 level lower processes and propose capability measurement matric for shipbuilding firms. A case study has been conducted to validate the proposed framework and results are presented at the end.

A Dynamic Simulation on the Effectiveness of Return Policy in a Capacitated Two-echelon Supply Chain (공급능력제약이 존재하는 2단계 공급체인에서 반품정책의 효과성에 대한 동적 시뮬레이션)

  • Kim, Tae-Hyun;Park, Jeong-Hoon;Jeong, Hyun-Mok
    • Korean System Dynamics Review
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    • v.9 no.2
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    • pp.5-25
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    • 2008
  • This paper analysed the impact of return policy as a coordination mechanism for decentralized supply chain with one capacitated supplier and two competing retailers under random demand distribution. In this study, Shortage gaming also considered to reflect a competing environment of two retailers. System dynamics approach was used to model the baseline two echelon supply chain and return policy on it. Given each of 4 experiment settings being used for 100 simulations with different random seeds, 400 random samples were used in a t-test. The result show that return policy significantly enhance the supply chain profits and fillrates. The analysis suggest that the supply chain performance can be build up by implementing a return policy even though under consideration of a capacitated supplier and competing retailers.

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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 Review of Current Status and Analysis in Supply Chain Modeling (공급사슬 모델링의 현황 및 분석에 관한 고찰)

  • Kang, Kyung Hwan;Lee, ByungKi;Lee, Young Hoon
    • Journal of Korean Institute of Industrial Engineers
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    • v.30 no.3
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    • pp.224-240
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    • 2004
  • Supply chain management(SCM) has been recognized as a major strategy in today's market place. A growing number of researchers have begun to realize the strategic importance of model construction, planning, controlling and operation for SCM. Also various researches of supply chain model building are going on. In this paper, we synthesis key elements of supply chain model such as performance factors, decision variables and constraints. We have reviewed past and present supply chain models and then analyzed those in view of environment factors, operations, solution approaches.

Look-ahead Based Distribution Planning for Capacitated Multi-stage Supply Chains (생산 능력 제한이 존재하는 다단계 공급망을 위한 Look-ahead 기반의 분배계획)

  • Roh, Joo-Suk;Kwon, Ick-Hyun;Kim, Sung-Shick
    • Journal of the Korea Safety Management & Science
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    • v.8 no.5
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    • pp.139-150
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    • 2006
  • The aim of this study is to establish an efficient distribution planning for a capacitated multi-stage supply chain. We assume that the demand information during planning horizon is given a deterministic form using a certain forecasting method. Under such a condition, we present a cost effective heuristic method for minimizing chain-wide supply chain inventory cost that is the sum of holding and backorder costs by using look-ahead technique. We cope with the capacity restriction constraints through look-ahead technique that considers not only the current demand information but also future demand information. To evaluate performance of the proposed heuristic method, we compared it with the extant research that utilizes echelon stock concept, under various supply chain settings.

A Study on the GSCM Strategy and Business Performance - Focus on DOOLEE VISION Case - (GSCM전략과 사업성과에 관한 연구 -두리비전 사례를 중심으로-)

  • Kim, Chang-Bong
    • International Commerce and Information Review
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    • v.8 no.1
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    • pp.325-336
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    • 2006
  • This paper examines the global supply chain management strategy and business performance of Doolee Vision Co. Ltd.. Based on the analysis of eighty-seven cases, the following results were found. First, it was found that just-in-time of GSCM strategy of firm have a positive influences on the business performance in transformation sector. Second, just-in-time of GSCM strategy of firm have a positive influences on the business performance in custody sector. Third, just-in-time of GSCM strategy of firm have a positive influences on the business performance in order response and support sector. Forth, just-in-time of GSCM strategy of firm have a positive influences on the business performance in customs sector. Fifth, just-in-time of GSCM strategy of firm have a positive influences on the business performance in customer service sector. However, several limitations, such as measurement for intra-industry homogeneity, measurement for flexibility of global supply chain management strategy, and measurement for business performance of global supply chain management, that make the preceding conclusions be considered preliminary.

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Information Technology Implementation in Supply Risk and Performance (공급위험과 성과를 위한 정보 기술 실행)

  • Kim, Minkyun;Chai, Sangmi
    • Management & Information Systems Review
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    • v.33 no.1
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    • pp.237-261
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    • 2014
  • This study is to investigate the impact of information technology implementation on supply chain risk and performance. It focuses on how information technology adoption affects supply risk as well as performance. It collected one hundred fifty nine responses from supply executives and supply and purchasing managers of U.S manufacturing firms by applying a survey methodology. The research results provide empirical evidence that the use of information technology in the supply chain mitigates supply risk and improves performance. More importantly, information technology adoption involves three aspects: inbound and outbound communications, internal communications and administration and finally, mitigation of supply risks and improved performance via order taking and procurement. This research emphasizes the importance of IT implementation in supply risk management. It also points out how information technology adoption facilitates the impact of information technology in risk mitigation in the supply chain and in performance. Thus, supply and purchasing managers need to consider IT implementation and adoption when establishing their risk mitigating strategies within the supply chains.

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A Study on the Supply Chain Security Program (수출입 공급망 안전 프로그램에 관한 연구)

  • Han, Byoung Wan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.58
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    • pp.287-311
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    • 2013
  • In this study, the scope of previous logistics security were focused only on port and ship. Because of it now extends to the overall (export and import) supply chain areas and in regards with supply security programs in the international level, it reviewed supply chain security programs categorized them into 'ships and port security system', 'container screening system', 'logistics chain authorization system' which are expanded to be adopted in the international level. The major features of those programs are summarized as in building risk management system, providing information ahead, selectivity test and benefits to AEO authorized companies in the customs administration level. The government and companies which are to ensure supply chain security and trade facilitation in order to cope actively with international customs administrative atmosphere need to do the followings : First, they need to build an intra-government integrated supply chain security and make efforts to conclude AEO MRA in order to increase trade competitiveness among major trading countries. Second, they need to build supply chain risk management system in order to enhance management performance through overseas market and company level strategy to obtain and maintain AEO authorization in the company level.

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