• Title/Summary/Keyword: Supply Risks

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A Study on Effects of SCM and CSR of Food Export Corporation on Food Safety (식품수출기업의 SCM과 CSR이 식품안전에 미치는 영향에 관한 연구)

  • Pak, Young-Hyun;Pak, Myong-Sop
    • Korea Trade Review
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    • v.44 no.2
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    • pp.63-82
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    • 2019
  • Due to technological development in the globalized food system, quantitative problems of food supply have been solved, but food risks have expanded from problems in specific regions to global problems. In order to maximize the efficiency of agricultural production, the growth in agricultural production system, procirement of raw materials, establishment of food processing processes and establishment of food supply chain systems are required. Control of hazards requires facility and administrative efforts. In this study, we examined the role of CSR in conjunction with food safety. Food SCM is related to food safety and correlates with the food supply chain. In terms of the triple bottom line theory, CSR is correlated with SCM and it is possible to pursue food safety through corporate CSR and SCM. In this study, it is statistically confirmed that SCM and CSR are in a positive relationship. In the impact of CSR on food safety, it has been confirmed that economic responsibility and legal responsibility take precedence over environmental responsibility and social responsibility. Based on this, we can achieve food safety through SCM and CSR, and we can decide which of CSR activities can be prioritized.

A Study on the Influential Factors of Intelligence Internet of Things for Establishing Smart Supply Chains (스마트 공급망 구축을 위한 지능형사물인터넷 영향요인에 관한 연구)

  • Kun-Shik Cho;Cheol-Soo Park
    • Journal of Information Technology Applications and Management
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    • v.31 no.2
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    • pp.51-66
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    • 2024
  • Internet of Things (IoT) is a term that has been introduced in recent years, and it defines objects being able to connect and transfer data through the internet. Although some IoT-related products are currently available in the market, there are still some IoT problems that need to be overcome, such as the technology issues and lack of confidence and understanding of IoT. This study aims to analyze the influential factors in building successful IoT system for smart supply chain. This study develops the Analytic Hierarchy Process (AHP) to evaluate the influential factors in IoT. This study finds that tangible factors (Technology, Value and Connectivity) are more important than the intangible factors (Operation and Intelligence). Finally, this study concludes that after enterprises build a good IoT connectivity system, it is essential to combine this with good IoT technology to create a successful IoT environment. The findings may help practitioners implement IoT in smart supply chains to deal with disruptions, risks and vulnerabilities in the post-pandemic era.

A Study on Smart Grid and Cyber Security Strategy (지능형 전력망 도입과 사이버보안 전략)

  • Lee, Sang-Keun
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.21 no.5
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    • pp.95-108
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    • 2011
  • Smart Grids are intelligent next generating Electric Power System (EPS) that provide environment-friendliness, high-efficiency, and high-trustworthiness by integrating information and communication technology with electric power technology. Smart grids help to supply power more efficiently and safely than past systems by bilaterally exchanging information between the user and power producer. In addition, it alleviates environmental problems by using renewable energy resources. However, smart grids have many cyber security risks because of the bilateral service, the increase of small and medium-sized energy resources, and the installation of multi-sensors or control devices. These cyber risks can cause critical problems within a national grid through even small errors. Therefore, in order to reduce these risks, it is necessary to establish a cyber security strategy and apply it from the developmental stage to the implementation stage. This thesis analyzes and recommends security strategy in order to resolve the security risks. By applying cyber security strategy to a smart grid, it will provide a stepping-stone to creating a safe and dependable smart grid.

A Study on the Safety Improvement of City Gas Pressure Regulators in Apartment Housing (공동주택 등에 설치하는 도시가스 압력조정기의 안전성 향상에 관한 연구)

  • Youngman Yun;Yongchai Kwon;Kyungho Kim;Jihyun Jang
    • Journal of the Korean Institute of Gas
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    • v.27 no.2
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    • pp.86-94
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    • 2023
  • This study was conducted with the purpose of preparing an alternative to improving the safety of civil pressure regulators installed instead of gas governors to supply city gas to apartment houses. First, problems were derived and solutions were presented by investigating the safety standards and installation status of domestic pressure regulators. In addition, using the DNV Phast-Safeti program, a quantitative risk assessment solution, risks such as gas leakage contained in pressure regulators installed in apartment houses and surrounding gas facilities were evaluated in terms of individual risks and societal risks, and measures were derived to reduce the risks in the installation and management of the pressure regulators.

Evaluation of Quantity Discounts for Buyer's Stocking Risk

  • Shin, Ho-Jung;Benton, W.C.;Park, Soo-Hoon
    • Management Science and Financial Engineering
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    • v.16 no.3
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    • pp.21-47
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    • 2010
  • Quantity discounts provide a practical foundation for supply chain inventory policies, improving the supplier's profit and reducing the buyer's inventory cost simultaneously. Traditional quantity-discount research, which deals with inventory coordination between a buyer and a supplier, is extended to a stationary stochastic environment. This research shows that the magnitude of the optimal discounts scheduled by the deterministic quantity discount models may not be large enough to cover the buyer's additional inventory stocking risks under uncertain conditions. As a result, the buyer's total inventory cost may often increase rather than decrease. In contrast, the proposed model allows the supplier to identify the discount level, which shares the buyer's amplified risk associated with temporary overstocking and ensures that both buyer and supplier benefit economically. The performance of the proposed model was tested in the continuous review environments via numerical experiments. The experimental results support the proposed method as a feasible alternative in coordinating inventory decisions under stochastic demand.

An Experimental Study on the Explosion of Hydrogen Tank for Fuel-Cell Electric Vehicle in Semi-Closed Space (반밀폐공간에서 발생되는 차량용 수소연료탱크 폭발 실험)

  • Park, Jinouk;Yoo, Yongho;Kim, Hwiseong
    • Journal of Auto-vehicle Safety Association
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    • v.13 no.4
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    • pp.73-80
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    • 2021
  • Recently, Korea has established a plan for the supply of hydrogen vehicles and is promoting the expansion of the supply. Risk factors for hydrogen vehicles are hydrogen leakage, jet fire, and explosion. Therefore Safety measures are necessary for this hazard. In addition, risks in semi-closed spaces such as tunnels, underground roads, and underground parking lots should be analyzed. In this study, an explosion experiment was conducted on a hydrogen tank used in a hydrogen vehicle to analyze the risk of a hydrogen vehicle explosion accident that may occur in a semi-closed space. As results, the effect on the structure and the human body was analyzed using the overpressure and impulse values for each distance generated during the explosion.

The Evolving Roles of the Public and Private Sectors in Korea's Public Rental Housing Supply

  • Kim, Yoon-jung;Park, Hye Jung
    • Architectural research
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    • v.22 no.3
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    • pp.85-95
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    • 2020
  • While there has been a substantial amount of studies on public rental housing of Korea, most have focused on housing policy changes, international comparisons, and current characteristics and future prospects. This article aims to examine the evolving roles of the national and local governments, and the private sector in provision of Korea's public rental housing. The findings suggest that one, although the wave of neoliberalism and financial crisis have prompted the national government to reduce its role and to encourage engagement of other actors by utilizing incentivizing tools, it has continued to assume a central position in formulating and implementing housing supply plans. Two, local governments have played a marginal role throughout the history of public rental housing supply, although they have expanded their participation through redevelopment projects and utilization of existing housings. Three, private sector actors have expanded their role to delivering public benefits of making housing available for a wider range of populace leveraging various incentives that make projects financially more feasible. The study poses a question on how responsibilities and risks can appropriately be allocated among three key actors to achieve housing welfare going forward.

An Empirical Investigation on the Effect of Logistics Security in Import and Export Risk Management (물류보안이 수출입 리스크관리에 미치는 영향에 관한 실증연구)

  • Yi, Hong-Won;Kim, Jae-Bong
    • Journal of Navigation and Port Research
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    • v.38 no.3
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    • pp.317-325
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    • 2014
  • The government of South Korea has introduced various security measures in the supply chain, such as CSI (including a 24-hour rule) and AEO (Authorized Economic Operator), in compliance with global security trends and the war on terror. However, many participants in the import and export process are still unfamiliar with the purposes and functions of CSI, the 24-hour rule, and AEO. As such, considering these risks as obstacles or as factors that interfere with the import and export process, this study suggests proper management schemes, which can identify, measure and evaluate these risks.

Factors to Affect Acceptance of Open Banking from Information Security Perspectives (정보보호 관점에서의 오픈뱅킹 수용도에 대한 영향요인)

  • Go, Jeunghyeun;Lee, Woonboo
    • Journal of Information Technology Services
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    • v.20 no.6
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    • pp.63-81
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    • 2021
  • Joint financial network of Korea Financial Telecommunications and Clearings Institute, which is an essential facility with a natural monopoly, maintained its closedness as monopoly/public utility model, but it has evolved in the form of open banking in order to obtain domestic fintech competitiveness in the rapidly changing digital financial ecosystem such as the acceleration of Big Blur. In accordance with digital transformation strategy of financial institutions, various ICT companies are actively participating in the financial industries, which has been exclusive to banks, through the link technology called Open API. For this reason, there has been a significant change in the financial service supply chain in which ICT companies participate as users. The level of security in the financial service supply chain is determined based on the weakest part of the individual components according to the law of minimum. In addition, there is a perceived risk of personal information and financial information leakage among the main factors that affect users' intention to accept services, and appropriate protective measures against perceived security risks can be a catalyst, which increases the acceptance of open banking. Therefore, this is a study on factors affecting the introduction of open banking to achieve financial innovation by developing an open banking security control model for financial institutions, as a protective measures to user organizations, from the perspectives of cyber financial security and customer information protection, respectively, and surveying financial security experts. It is expected, from this study, that effective information protection measures will be derived to protect the rights and interests of financial customers and will help promote open banking.

A decision-centric impact assessment of operational performance of the Yongdam Dam, South Korea (용담댐 기존운영에 대한 의사결정중심 기후변화 영향 평가)

  • Kim, Daeha;Kim, Eunhee;Lee, Seung Cheol;Kim, Eunji;Shin, June
    • Journal of Korea Water Resources Association
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    • v.55 no.3
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    • pp.205-215
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    • 2022
  • Amidst the global climate crisis, dam operation policies formulated under the stationary climate assumption could lead to unsatisfactory water management. In this work, we assessed status-quo performance of the Yongdam Dam in Korea under various climatic stresses in flood risk reduction and water supply reliability for 2021-2040. To this end, we employed a decision-centric framework equipped with a stochastic weather generator, a conceptual streamflow model, and a machine-learning reservoir operation rule. By imposing 294 climate perturbations to dam release simulations, we found that the current operation rule of the Yongdam dam could redundantly secure water storage, while inefficiently enhancing the supply reliability. On the other hand, flood risks were likely to increase substantially due to rising mean and variability of daily precipitation. Here, we argue that the current operation rules of the Yongdam Dam seem to be overly focused on securing water storage, and thus need to be adjusted to efficiently improve supply reliability and reduce flood risks in downstream areas.