• Title/Summary/Keyword: Supply Chains

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A Study on the Effect of Network Embeddedness on Collaboration and Performance in the Project Supply Chain : Focusing on Second-tier Suppliers (프로젝트 공급망에서 네트워크 배태성이 협업과 기업성과에 미치는 영향연구 : 2차 협력업체를 중심으로)

  • Park, Seong Taek;Rhe, MoonKi Kyle;Ryu, Seonjeong
    • Journal of Digital Convergence
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    • v.12 no.6
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    • pp.93-103
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    • 2014
  • The rapid trends toward outsourcing have created more complex and fragmented multi-tier supply chains for Engineering, Procurement & Construction(EPC) industry. Working with suppliers and sub-suppliers requires continuous integration activities during project execution. The purpose of this study is to identify the factors influencing the performances and relationship satisfaction of second-tier suppliers participating in the project-based supply chain. This study proposes the network embeddedness, collaboration, information-sharing and flexibility as antecedents variables, and collected the survey responses from the second-tier suppliers having experiences with complex projects. The statistical results indicate that the collaboration with supply chain leading firm and first-tier supplier has significant impact on the performances and relationship satisfaction of second-tier suppliers. It was also found that the information-sharing and flexibility influence the network embeddedness as well as collaboration, and that the embeddedness have significant impact on the collaboration.

Decision Strategies Based on Meteorological Forecast Information in a Beer Distribution Game

  • Lee, Ki-Kwang;Kim, In-Gyum;Han, Chang-Hee
    • Journal of Information Technology Applications and Management
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    • v.15 no.3
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    • pp.79-90
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    • 2008
  • With the corporate environment nowadays being surrounded by plenty of information, the sharing of information among businesses through mutual cooperation tops the list of hot issues. Predictions of demands from the customer, business, or consumer by sharing information can affect the inventory and order production system. However, notwithstanding the importance of sharing information, empirical studies on quantitative use of information still remain insufficient in spite of many a discussion now being made on the sharing of information. This paper proposes to examine the ways meteorological information may affect the rises in the achievements of supply chains in distributive businesses, the kind of information that noticeably affects the consumer behavioral patterns in the distributive businesses but rarely perceived as a form of information shared by businesses. This study is based on a model in which meteorological information has been added as the one used to predict demands, after the beer distribution game has been modified to fit the current status, and simulations under an assumptive situation, where decisions are made on a daily basis, were conducted 50 times for a period of 1000 days for the generalization of the results, while at the same time a Duncan Test was conducted to determine the threshold to use the meteorological information that will be most profitable to the retailer, wholesaler, supplier and the supply chain as a whole. Our findings indicate that corporations have thresholds that vary from business to business depending upon the ratio of backlog costs to inventory costs. At the same time, our findings also show that there existed effective thresholds depending upon the ratio of backlog costs to inventory costs for the performance of the overall supply chain.

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A Simulation Study of Renewable Power based Green Hydrogen Mobility Energy Supply Chain Systems (재생에너지 기반 청정 수소 운송 에너지 시스템 모사 연구)

  • Lee, Joon Heon;Ryu, Jun-Hyung
    • Korean Chemical Engineering Research
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    • v.60 no.1
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    • pp.34-50
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    • 2022
  • Since the Paris climate agreement, reducing greenhouse gases has been the most important global issue. In particular, it is necessary to reduce fossil fuels in the mobility sector, which accounts for a significant portion of total greenhouse gas emissions. In this paper, we investigated the economic feasibility of green mobility energy supply chains, which supply hydrogen as fuel to hydrogen vehicles based on electricity from renewable energy sources. The design and operation costs were analyzed by evaluating nine scenarios representing various combinatorial possibilities such as renewable energy generation, hydrogen production through water electrolytes, hydrogen storage and hydrogen refueling stations. Simulation calculations were made using Homer Pro, widely used commercial software in the field. The experience gained in this study could be further utilized to construct actual hydrogen energy systems.

Optimization of green closed loop supply chain network considering recycling express box (재활용 익스프레스 박스를 고려한 친환경 폐쇄 루프 공급망 네트워크 최적화)

  • Zhang, Jun-Hao;Che, Jin-Yao
    • Journal of Digital Convergence
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    • v.20 no.5
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    • pp.211-220
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    • 2022
  • This paper proposes a green closed-loop supply chain network (GCSN) for optimizing closed-loop supply chains. The GCSN focuses on the application of the recycling express box in logistics circulation, accelerates the standardization of logistics operations and the use of express packaging in e-commerce companies, and promotes the reduction and greening of recycling express box in the e-commerce industry. The GCSN is represented as a mathematical formulation and implemented using LINGO. Greening, environmental protection, and wisdom are the general trends for promoting the growth of the e-commerce industry. Meanwhile, the price of raw materials has increased owing to a shortage of resources, which emphasizes the need for e-commerce enterprises to develop green packaging. Therefore, this study considers the shared circular packaging launched by e-commerce enterprises as the research object, and integrates the problem of facility positioning and path planning in the logistics system. The conclusion summarizes the significance of this study.

The Impact of the U.S.-China Trade Dispute on the Global Supply Chain (미·중 무역분쟁이 글로벌 공급망에 미친 영향)

  • KIM DONGHO;GUO KESI
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.2
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    • pp.285-294
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    • 2023
  • The trade dispute between China and the U.S. began before Corona and is easing at this time by bringing new changes to the pendemic, and the development of the Chinese manufacturing industry has increased interdependence between the U.S. and China. However, the overall global trade should be less than before pendemic, and Korea's response strategy should be made serious at this time.However, new changes are taking place again these days. With the recent outbreak of COVID-19 in Shanghai, China, new changes are expected to occur in China's industrial chain. As the Chinese government strictly creates quarantine figures for COVID-19, many factories and companies among industries are forced to close for a while. As economic globalization and division of labor continue to deepen, multinationals choose suppliers and industrial chains within the world to form a global supply chain structure to pursue cost minimization and profit maximization. China is an indispensable part. Whether it is China, the U.S. or Korea, it can be a risk and an opportunity now.

Optimization of Agri-Food Supply Chain in a Sustainable Way Using Simulation Modeling

  • Vostriakova, Viktorija;Kononova, Oleksandra;Kravchenko, Sergey;Ruzhytskyi, Andriy;Sereda, Nataliia
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.245-256
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    • 2021
  • Poor logistical infrastructure and agri-food supply chain management leads to significant food waste in logistic system. The concept of the sustainable value added agri-food chains requires defined approach to the analysis of the existing situation, possible improving strategies and also assessment of these changes impact on further development. The purpose of research is to provide scientific substantiation of theoretical and methodological principles and develop practical recommendations for the improvement of the agri-food logistics distribution system. A case study methodology is used in this article. The research framework is based on 4 steps: Value Stream Mapping (VSM), Gap and Process Analysis, Validation and Improvement Areas Definition and Imitation Modelling. This paper presents the appropriateness of LEAN logistics tools using, in particular, Value Stream Mapping (VSM) for minimizing logistic losses and Simulation Modeling of possible logistics distribution system improvement results. The algorithm of VSM analysis of the agri-food supply chain, which involves its optimization by implementing the principles of sustainable development at each stage, is proposed. The methodical approach to the analysis of possible ways for optimizing the operation of the logistics system of the agri-food distribution is developed. It involves the application of Value Stream Mapping, i.e. designing of stream maps of the creation of the added value in the agri-food supply chain for the current and future state based on the minimization of logistic losses. Simulation modeling of the investment project on time optimization in the agri-food supply chain and economic effect of proposed improvements in logistics product distribution system functioning at the level of the investigated agricultural enterprise has been determined. Improvement of logistics planning and coordination of operations in the supply chain and the innovative pre-cooling system proposed to be introduced have a 3-year payback period and almost 75-80% probability. Based on the conducted VSM analysis of losses in the agri-food supply chain, there have been determined the main points, where it is advisable to conduct optimization changes for the achievement of positive results and the significant economic effect from the proposed measures has been confirmed. In further studies, it is recommended to focus on identifying the synergistic effect of the agri-food supply chain optimization on the basis of sustainable development.

New Perspective for Performance Measurement of Digital Supply Chain Management (디지털 공급-수요 사슬 관리의 성과를 측정하기 위한 새로운 관점)

  • Ronja Rasche;DongBack Seo
    • Information Systems Review
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    • v.25 no.3
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    • pp.139-162
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    • 2023
  • With the emergence of new digital technologies into a supply chain, it is essential for companies to incorporate these technologies in managing their supply chains. However, various challenges have been identified in digital supply chain management, especially when it comes to its assessment. There are no universally agreed measurements for the performance of digital supply chain management within the research community so far. This paper explores an option of using user experience as one of possible measurements. Therefore, three different focus-group discussions were held and later analyzed with a qualitative content analysis. The subscription-based video on demand service, Netflix was used as an example in those discussions. Due to the fact that Netflix provides a digital product as a streamline service, user experience is critical for the company. Especially, user experience with a recommender system and related privacy issues have become significant for a company to retain existing customers and attract new customers in many fields. Since the recommender system and related privacy issues are parts of a digital supply chain, user experience can be one of appropriate measurements for digital supply chain management. This study opens a new perspective for research on performance measurements of digital supply chain management.

A Study on the Value of Shared Real-time Stock Information in Two-Echelon Distribution Supply Chains (2계층 분배형 공급사슬에서 실시간 공유 재고 정보의 가치에 관한 연구)

  • Seo, Yong-Won;Jung, Sung-Won;Hahm, Ju-Ho
    • IE interfaces
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    • v.13 no.3
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    • pp.444-454
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    • 2000
  • Due to the improvement of modern information technologies, sharing stock information among the supply chain members is a common practice nowadays. Many companies are planning to adopt the information systems to possess the real-time shared stock information. Thus, it is needed to quantify the value of shared stock information. The purpose of this paper is to evaluate the value of the shared stock information for two-echelon distribution systems. Existing reorder policies can be classified into installation stock policies and echelon stock policies. Since installation stock policies do not utilize the shared stock information, and both classes of policies may show poor performances for distribution systems, we cannot evaluate the value of the shared stock information with the existing policies. Thus, we provide a new type of reorder policy, named order risk policy. We define the order risk using marginal analysis, and prove the optimality. Through computational experiment that compares the order risk policy with the existing policies, it is shown that a significant cost reduction is achieved with the effective utilization of the shared stock information. We also show the effect of the system characteristics on the value of the shared stock information.

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Heuristic for Distribution Planning in Capacitated Multi-echelon Supply Chains (생산 능력 제한이 있는 다계층 공급사슬의 분배계획을 위한 발견적 기법)

  • Kwon, Ick-Hyun;Shin, Hyun-Joon;Kim, Sung-Shick
    • IE interfaces
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    • v.19 no.2
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    • pp.124-132
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    • 2006
  • The system under study is a single item, multi-echelon distribution system with a capacitated production facility. All the nodes at the downstream ends are demand-sites, i.e., ordered items are delivered to the customers from the node. Also any transshipment depots in the midstream can be demand-sites as well. For a given planning period, at each of demand-site, demand is forecasted and known. Our objective is to minimize the average system cost per period which is the sum of holding and backorder costs in the entire network. Due to the capacity restrictions, it is difficult to establish efficient distribution planning. To overcome such a difficulty and obtain a reasonable and better solution, we convert this problem into a single machine earliness and weighted tardiness scheduling. We propose a simple but cost-effective heuristic for this problem. The experimental results showed that the proposed heuristic obtained much better solutions compared with another approach.

The analysis of causal relationship of SCM performance based on BSC framework (BSC에 기반한 SCM 성과간의 인과관계 분석)

  • Kim, Mi-Ae;Suh, Chang-Kyo
    • The Journal of Information Systems
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    • v.23 no.4
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    • pp.75-91
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    • 2014
  • The effective supply chain management(SCM) is a matter of survival in many firms because successful supply chains will effectively coordinate their processes, focus on delivering customer value, eliminate unnecessary costs in key functional areas, and create performance measurement systems. The balanced scorecard(BSC) is widely used to measure the performance of the SCM. The BSC framework suggests that balance is obtained by adopting performance measures from four different areas. In this study, we analyzed the causal relationship of SCM performance based on BSC framework. First, we reviewed the nested causal relationships among four different perspective of the BSC, namely, business process perspective, customer perspective, financial perspective, and innovation and learning perspective. Then, we used the chi-square difference test to identify the best model to fit the causal relationship of SCM performance. Of the 800 questionnaires posted, a total of 265 questionnaires were returned after one follow-up. A total of 66 questionnaires were eliminated due to largely missing values. The major finding says alternative model 3 is dominant to other models to fit causal relationships among four different perspective of the BSC. Innovation and learning perspective positively influence on customer perspective, business process perspective, and financial perspective. Business process perspective also positively influence on customer perspective and financial perspective whereas customer perspective does not influence on financial perspective significantly.