• Title/Summary/Keyword: Supply Management Chain

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Development of a Composite Revenue Sharing-Quantity Flexibility Contract

  • Lumsakul, Pasuree;Luong, Huynh Trung
    • Industrial Engineering and Management Systems
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    • v.12 no.3
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    • pp.224-233
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    • 2013
  • In supply chain management, the supply contract can induce collaboration and coordination among the supply chain members in order to optimize supply chain performance. Numerous supply contracts have been examined; however, some difficulties related to the application of these contracts still occur. One of the solutions is to apply the composite supply contract which can assist in the supply chain coordination. This research examines the composite contract of the revenue sharing and quantity flexibility contracts in a two-stage supply chain, which comprises a retailer and a supplier. In this research, a mathematical model of the composite contract is developed; then, the applicability of the proposed composite contract is examined by investigating its capability in terms of supply chain coordination and profit allocation. In the numerical experiments, the composite revenue sharing-quantity flexibility contract showed that it is superior to both component contracts in terms of supply chain coordination and profit allocation among supply chain members.

Research on Developing a Model for Defense Supply Chain Quality Management (국방 공급망 품질경영 수준 측정을 위한 모형 개발 연구)

  • Kim, Hyeunggeun;Sung, Si-Il;You, HanJoo;Jung, Uk;Park, JongWoo;Jo, DongHyuk
    • Journal of Korean Society for Quality Management
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    • v.44 no.2
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    • pp.297-308
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    • 2016
  • Purpose: This paper treats a defense-supply chain quality management model for analyzing the Korea defense industry. Methods: Various literature, the quality collaboration index for supply chain management model proposed by Korean Standards Association and shared growth index presented by Korea Commission for Corporate Partnership are reviewed to develop the defense supply chain quality management index and model based on the method presented by Hafeez et al.(2006). In addition, based on the proposed model, we survey the supply chain quality management efficiency including focused group interviews in the defense industry. Results: We propose a defense-supply chain quality management index and model for analyzing the quality level between the parent companies and its partners. In addition, the results of applying the model are proposed to improve the quality of military items. Conclusion: A model is developed for improving the quality of military items. This proposed model will be adopted to enhance the quality of military items.

A Study on Supply Chain Management Using 6 Sigma (6 Sigma를 이용한 공급사슬관리에 관한 연구)

  • Hong, Ki-Sung;Lee, Kwang-Ryul
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2007.04a
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    • pp.498-502
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    • 2007
  • The objective of this study aims at proposing a method of Supply Chain Management using Six Sigma. Six Sigma is at the top of the agenda for many companies that try to reduce cost and improve productivity. This paper explains how Six Sigma can be integrated and processed with Supply Chain Management.

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The Information System Management and Its Infrastructure for Supply Chain Management as Antecedents of Financial Performance

  • MUNEER, Saqib
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.1
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    • pp.229-238
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    • 2020
  • A model is presented in this paper to provide understanding of the supply chain integration and supply chain information practices' impact on the manufacturing industries. The supply chain information practices play a crucial role in sharing information between the members of SC network. Thus, it is important to develop a comprehensive understanding of the differences and similarities among ISI and information management. It will allow firms to systematically evaluate and carefully choose the information strategy. The empirical findings of this research offer essential and interesting insights about what role SCI, supply chain information and Supply chain ISI play in determining Malaysia's financial performance. The theoretical gaps addressed in this study are of significant importance, since a little empirical evidence is available regarding system infrastructure and supply chain information management's effectiveness. This research provides further paths of exploring system infrastructure and information management, thereby defining the manufacturing industries' next step in SCM struggle i.e. modifying total integrated SC principle in other manufacturing firms. The Resource-based theory discovered organizational resources as an essential organizational success ingredient. Therefore, in order to recognize its potential value, internal resources, for instance, information system and management must be fully utilized.

Competitive Environment, Strategy, and Performance in the Supply Chain Network as Complex Adaptive System; Conceptualization for Adaptability and Mediating Role for Combinative Capability (복합적응시스템으로서 공급사슬네트워크의 환경, 전략, 그리고 성과에 관한 연구: 적응성의 개념화 및 조합적 경쟁역량의 매개적 역할을 중심으로)

  • Lee, Joung-Ho;Ryu, Choon-Ho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.67-89
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    • 2007
  • This study addresses manufacturers' ability to influence their supply chain network in order to adapt to their competitive environment. From the perspective of a manufacture, the supply chain comprises a network of suppliers and customers, and is theoretically viewed as a complex adaptive system. This study considers the following questions: (1) How can adaptability of supply chain network be operationally defined? (2) How does adaptability of supply chain network lead to combinative capabilities? (3) What is the influence of adaptability of supply chain network on business performance? Drawing on literature streams in supply chain management, operations strategy, organizational change and learning, and complexity theory, this study develops and tests the constructs and operational measures of adaptability of supply chain network and model the nomological set of relationships among constructs that form the basis of our theory. This study then develops and tests a model describing the outcomes of adaptability of supply chain network and its influence on combinative capability and business performance. Empirical results of this study show that adaptability supply chain network directly and positively affects combinative capability. Further, this study finds that adaptability of supply chain network does not impact business performance directly, but rather is mediated through combinative capability, which provides the requisite variety for firms to survive and thrive in dynamic environments.

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A Framework of Managing Supply Chain Disruption Risks Using Network Reliability

  • Ohmori, Shunichi;Yoshimoto, Kazuho
    • Industrial Engineering and Management Systems
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    • v.12 no.2
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    • pp.103-111
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    • 2013
  • This paper discusses how to manage supply chain disruption risks from natural disasters or other low-likelihood-high-impact risk drivers. After the catastrophic earthquake in Eastern Japan and the severe flood in Thailand, most companies have been attempting to re-establish the business continuity plan to prevent their supply chain from disruption. However, the challenges for managers and individual risks are often interrelated, and thus, actions that mitigate one risk can end up being no contribution as a whole. In this paper, we describe a framework for assessing how much impact individual mitigation strategies have on the entire supply chain protection against disruption, using network reliability. We propose three categories of risk-mitigation approaches: Stabilization, Absorption, and Duplication. We analyze the situation under which each of these strategies is the best suitable. With a clear understanding of relations between these mitigation strategies and the entire supply chain risks, managers can select effective risk-reduction approaches to their supply chain.

A Study on the SCM Strategy and Business Performance factors in Korean Enterprises focused on Partnership (우리나라 SCM 구축기업의 전략과 사업성과 결정요인에 관한 연구 -파트너십을 중심으로-)

  • Kim, Chang-Bong;Kwon, Seung-Ha
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.201-218
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    • 2009
  • This paper examined the supply chain management partnerships factors and business performance in Korean industry. As SCM got evolved, the importance of partnership and relationship among the SC members are increased. we should consider the following critical factors such as lead-time reduction, embedness, trust. The purpose of this study is to focus on partnership factors and flexibility to clarify with the Partnering experience which of the SCM factors contribute to business performance for the SCM firms. Based on the analysis of seventy cases, the following results were found. First, SCM operational factors of supply chain management have a positively significant influence on flexibility of supply chain management. Second, partnerships experience factors of supply chain management have a positively significant influence on flexibility of supply chain management. This study suggests that partnerships are main factors for the business performance. Especially, our empirical evidence shows that partnership experience can improve the influence on SCM operational factors and business performance.

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The Cost Impact of Information Delay in a Supply Chain

  • Kim Heung-Kyu
    • Management Science and Financial Engineering
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    • v.12 no.1
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    • pp.1-34
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    • 2006
  • In this paper, the impact of information sharing, possibly with some delay, on costs in a simple supply chain in which there are two participants, a single retailer and a single manufacturer, is considered. When participants in the supply chain do not use fully integrated EDI, some delay associated with information sharing is inevitable. A mathematical model that allows us to quantify the cost incurred by the manufacturer in the supply chain under information sharing, possibly with some delay, vs. no information sharing is presented. From this model, some managerial implications are gleaned.

A study on the influence of supply chain management efficiency on the training supporting project in small and medium-sized enterprises (중소기업 인적자원개발 지원사업에 대한 공급망경영 유효성에 관한 연구)

  • Seo, Yohan;Kim, Kwang Yong;Sung, Jong Su
    • Journal of Korean Society for Quality Management
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    • v.42 no.3
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    • pp.407-424
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    • 2014
  • Purpose: The purpose of this study was to propose supply chain management efficiency by analyzing moderating effect on the training support project in small and midium-sized enterprise. Methods: The collected data through the survey were analyzed using multi?regression analysis. The measurement tools used for this study were divided into three dimensions such as personal characteristics, supportive environment and training effect. Results: The results of this study are as follows; first, it was found that the effects of personal characteristics and supportive environment were significant on training effect. Second, significant differences were found between supply chain management active group and inactive group. Third, moderating effect of supply chain manage efficiency was found between variables. Conclusion: SME supporting project in training program needs supply chain management efficiency for training effect. Supply chain management needs to be promoted in SMEs not only for performance but also for their workplace learning and learning culture.

The Study of Healthcare Supply Chain Management in United States for Justifying Strategical Implementation (미국 보건의료산업의 공급사슬관리(SCM) 연구동향 고찰을 통한 전략적 도입의 타당성 평가)

  • Kim, Sung-Ho;Kim, Young Hoon;Kim, Jang Mook;Sung, Dong Hyo
    • Korea Journal of Hospital Management
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    • v.20 no.3
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    • pp.24-35
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    • 2015
  • This paper attempts to critically review the status of supply chain operations in the healthcare field in an attempt to address what has been done in academics as well as the practitioner's field to gain insight where future research efforts should be addressed. Based on literature set through review on previous studies, literature published within the past 10 years will be reviewed. The purpose of the study can be summarized as follows. First, overviews of healthcare SCM. Second, comparative studies on commercial SCM and healthcare SCM. Third, major tools in SCM. Finally, the barriers of adopting healthcare SCM. The findings of this study reveals potential benefits from using supply chain management tools. Although research and case studies in healthcare industries are not as extensive as in other industries, a clear trend appears to be forming in that deployment of supply chain management indeed generates consumer and provider's surplus from which the entire society would benefit.