• Title/Summary/Keyword: Supply Chain Risk Management(SCRM)

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A Study on Paradigm Shift of Supply Chain Risk Management for SMEs (중소기업에서의 공급사슬 위험관리를 위한 패러다임 전환에 관한 연구)

  • Yoon, Seung-Ok;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.71-77
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    • 2012
  • It is very important the collaboration and risk management of supply chain between the parent company and its partners in the supply chain risk management(SCRM). It was known that the SCRM approach is very different between a large enterprise and a small and medium-sized enterprise. This paper deals with the suggestion about SCRM structure for a small and medium-sized enterprise. This SCRM structure consist of risk identification, risk assessment, and risk mitigation. We expect that this SCRM structure promote the collaboration between a parent company and its partners to alleviate the supply chain risk.

A Study on Supply Chain Risk Management of Automotive (자동차 공급망 위험관리(A-SCRM) 방안 연구)

  • Kim, Dong-won;Han, Keun-hee;Jeon, In-seok;Choi, Jin-yung
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.4
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    • pp.793-805
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    • 2015
  • Due to the rise of automotive security problems following automotive safety and the progress of the internet technology leading to a hyper-connected society, guaranteeing the safety of automotive requires security plans in the supply chain assurance and automotive software, and risk management plans for identifying, evaluating, and controlling the risks that may occur from the supply chain since the modern automotive is a Safety Critical system. In this paper, we propose a study on Automotive Supply Chain Risk Management (A-SCRM) procedures by person interested within the automotive Life-Cycle.

A Study on Risk Management for Export Control on Strategic Trade in Supply Chain Management

  • Roh, Tae-Hyun;Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.709-718
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    • 2013
  • In this study, AHP analysis was conducted through a survey that was organized by 9 job categories. The results show that sustainable operation risks have the highest priority level among all criteria with management interest having the highest priority level within sustainable operation risks related attributes. The most important risk attributes among stakeholder risks appeared to be asset security and cargo and conveyance security, with education and training being the most important among regulatory risks. Effective management and response to the risks from export controls on strategic trade require an understanding of supply chain security and compliance programs, effective training programs, investments for development of security systems that meet international standards. In addition, the government needs to focus on developing professionals and providing support for companies with compliance programs, working closely with businesses.

Analysis of U.S. Supply Chain Security Management System (미국 공급망 보안 관리 체계 분석)

  • Son, Hyo-hyun;Kim, Kwang-jun;Lee, Man-hee
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.29 no.5
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    • pp.1089-1097
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    • 2019
  • An era of smart manufacturing is coming through the rapid development of information and communication technology. As a result, many companies have begun to utilize a variety of hardware and software for the efficient business of the manufacturing process. At this time, the hardware and software used are supplied through manufacturing and distribution processes. These supply processes are exposed to a variety of security threats. As the recent cases of supply chain attacks have increased, foreign countries are establishing supply chain management systems and managing supply chain risks. In Korea, on the other hand, there was research on supply chain risk management in some fields. In this paper, we emphasizes the necessity of supply chain risk management through supply chain attack cases. In addition, we analyze trends of foreign supply chain management system and explains the necessity of domestic supply chain security strategy.

A Study on Perception of Risk Factor in Supply Chain - Focus on Distribution Center - (공급사슬에서 존재하는 위험(Risk)요소의 인지에 관한 연구 - 물류센터를 중심으로 -)

  • Shin, Chang-Hoon;Jeoung, Dong-Hun;Choi, Min-Seung
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2005.10a
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    • pp.269-274
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    • 2005
  • This study gathered the factor of supply chain risk through literature review, and measured the importance of risk factors which have been recognized by domestic companies. This study has purposes and necessities as follows. First, supply risk factors were classified and explored through positive studies about supply chain risk. Most of previous studies helps grasping the meaning of supply chain risk but limited in conceptual side. Second, this study used AHP(Analytic Hierarchy Process) method which makes decision-making problem classified, simplicated and systematized to evaluate the importance of supply-chain risk recognized by the companies. Finally, this study suggests registration-point in companies's efficient supply activity would be great by measuring the importance of supply-chain through AHP(Analytic Hierarchy Process).

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An Exploratory Study on Risk Factor in Supply Chain (공급사슬상의 리스크 요인에 관한 탐색적 연구)

  • Shin Chang-Hoon;Jeaung Dong-Hun;Choi Min-Seung
    • Journal of Navigation and Port Research
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    • v.30 no.1 s.107
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    • pp.67-71
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    • 2006
  • This study gathered the factors of supply chain risk through literature review, and measured the importance of risk factors recognized by domestic companies. The purpose and necessity of this study are as follows. First, supply risk factors were classified and explored through empirical studies about supply chain risk. Most of the previous studies concentrated on the meaning of supply chain risk, but only in terms of concept approach Second, to evaluate the importance of supply-chain risk recognized by the companies, AHP(Analytic Hierarchy Process} method was proposed in this paper. Finally, this study suggests implications for companies' efficient supply activity by measuring the importance of supply-chain through AHP(Analytic Hierarchy Process).

A Framework Design of an Active Supply Chain Risk Management System from the Perspective of Shippers (화주 중심의 능동적인 공급망 위험관리 시스템의 프레임워크 설계)

  • Song, Byung-Jun;Ahn, Hye-Jeong;Rhee, Jong-Tae;Lee, Jong-Yun
    • The KIPS Transactions:PartA
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    • v.18A no.4
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    • pp.151-158
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    • 2011
  • For the purpose of cost saving and sales promotion, various industry companies have introduced logistics management techniques in their field. However, enterprises faced to damages because proper products can not be provided to customers in basic logistics 3S1L(speedy, safely, surely, and low) principles for environments changing rapidly and inflexible business processes. So, we need the ability in coping with risk to handle this phenomenon. In particular, the shipper of key decisions of supply chain risk management requires continuous exchange and collection of logistics information in the third-party logistics. However the current SCRMS(Supply Chain Risk Management System) is not sufficient to cover the shipper's various needs and to recognize and respond to emergency situations. Therefore, this paper proposes an active SCRMS framework through the reconsideration about the previous research on SCRM and rearrangement of risk factors for coping with those problems. in addition, it verifies an efficiency through a stability comparison with the current system.

How Should We Respond to the Collapse of the Global Value Chain? An In-Depth Investigation of Disruptive Events and Risk Management Strategies in SMEs (글로벌 가치사슬의 붕괴에 어떻게 대응해야 하는가? 분열적 상황의 심층규명과 중소기업의 위험관리 전략에 관한 연구)

  • Kwon, Se-In;Yang, Jong-Gon
    • Journal of Convergence for Information Technology
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    • v.12 no.5
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    • pp.107-115
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    • 2022
  • The purpose of this study is to identify the drivers of supply chain vulnerability and internal/external disruptive events and to verify the moderating effect of SCRM to mitigate negative disruption impacts. The analysis results of 182 SMEs are as follows. First, SC vulnerability proceeded from excessive efficiency. Second, the probability and severity of internal factors were higher than that of external factors. In particular, the priority of responding to risks arising from the supply chain process was higher than the value chain within the firm. Finally, the higher the level of risk management in the supply chain, the more positively the negative disruption impact was mitigated. This study is valuable in providing practical clues to the decision-making of a firm's managers and policymakers responding to supply chain risks.

Location Efficiencies of Host Countries for Strategic Offshoring Decisions Amid Wealth Creation Opportunities and Supply Chain Risks

  • Ma, Jin-Hee;Ahn, Young-Hyo
    • Journal of Korea Trade
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    • v.25 no.3
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    • pp.21-47
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    • 2021
  • Purpose - Offshoring has emerged as one of the major trends in international trade and has become one of the strategies for achieving competitiveness in the global market. In spite of this, the expected gains of offshoring can be offset by hidden costs and risks, such as those associated with the COVID-19 pandemic, the trade war between the USA and China, and the ongoing trade dispute between Korea and Japan. To obviate such business failure and prevent critical business blunders, offshoring strategies that efficiently consider both risk elements and potential wealth creation are urgently need. The first purpose of this study is to contribute to the development of more advanced offshoring strategies to help host countries select the best locations to manage supply chain risks and create unique value. The second purpose is to specifically analyze the current status of Korea and provide Korean companies with implications to be considered when deciding whether to offshore or re-shore. Design/methodology - A Network DEA model was applied to measure the comparative location efficiency of national competencies for offshoring strategy from perspectives of wealth creation opportunities (profitability and marketability) and supply chain risk management. The location efficiencies are compared among a total 70 countries selected from the Global Competitiveness Index (GCI) and globally attractive locations outlined by Kearney (2017). For the secondary analysis of efficiency, a t-test examining the nature of competitive advantage and the level of sophistication in production processes was implemented in three divisions. We then analyzed differences in offshoring performance in terms of the identified national traits. Moreover, Tobit regression analysis is conducted to investigate the correlation between value-added business activities and each divisional efficiency, seeking to determine how each degree of value-added business activity influences the increase in offshoring productivity. Findings - Regarding overall location efficiency for offshoring performance, only the USA and Italy were identified as being efficient as host countries for offshoring, under circumstances of advanced development, such as productivity and risk management. Korea ranks 13th among 70 countries. The determinants of national competitiveness depend on national traits (the nature of competitive advantage and business sophistication). Countries with labor/resource advantages and labor-intensive industries are more competitive in terms of marketability than others. In contrast, countries with strong technology-intensive industries benefit offshoring companies, particularly in the technology sector, with the added advantage of supply chain risk management. As the perception of a value chain is broader in a country, it can achieve both production sophistication and competitive advantages such as marketability and SCRM. Originality/value - Existing studies focus on offshoring effectiveness from a company perspective. This paper contributes to comparing country efficiency in producing core competencies related to an offshoring strategy and also segments countries into three performance-based considerations associated with the global offshoring market. It also details Korea's position as an offshoring location according to national efficiency and competency.