• Title/Summary/Keyword: Supply Risks

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A Study on Risk Classification System in Supply Chain (공급사슬망에서의 리스크 분류체계 연구)

  • Kim, Eun-Soo;Song, Byung-Jun;Lee, Jong-Yun
    • The KIPS Transactions:PartD
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    • v.19D no.3
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    • pp.257-262
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    • 2012
  • The aim of this study is to present the importance of Risk Management and Risk Classification System in Supply Chain to cope with the rapidly changing distribution environment flexibly through the cooperation between a shipper and a distribution company. First of all, we considered existing studies related to the risks of Supply Chain Risk and analyzed 47 different risk factors by 18 kinds of risk causing factors. Second, we collected opinions of corporation specialist group based on the analyzed risk factors and then classified the risk factors into three categories and ten sub-categories. Third, we conducted a survey targeting shipping companies and distribution companies about classified risk and then verified the validity of Supply Chain Risk Classification using verification techniques such as Confirmatory Factor Analysis, Concentration Validity and Distinction Validity. Finally, we suggest some implications based on the verification results.

Study on Evaluation of Critical Minerals for the Development of Korea's Materials-parts Industry (한국의 소재부품산업 육성을 위한 핵심광물 선정 연구)

  • Yujeong Kim;Sunjin Lee
    • Economic and Environmental Geology
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    • v.56 no.2
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    • pp.155-166
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    • 2023
  • Through COVID-19, the importance of supply chain management of raw material minerals has been maximized. In particular, supply chain management is important for rare metals, which are difficult to manage demand and supply, in order to secure raw materials for the parts and materials industry that Korea is actively promoting. In this study, a system was established and evaluated to select Critical minerals that need to respond to Korea's industrial structure and global risks by quantifying tangible and intangible risk factors. Global Supply Concentration, Supplying country risk, Policy Social Environment Regulation, Domestic Import Instability, Risk responsiveness, Market Scale, Demand Fluctuation and Economic Importance were evaluated as evaluation indicators. The degree of risk and risk impact were quantitatively measured using the criticality matrix-criticality level. After evaluating 40 types of minerals used in domestic new growth businesses, 15 types of Critical minerals(Li, Pt, Co, V, REE, Mg, Mo, Cr, Ti, W, C, Ni, Al, Mn, Si) in Korea were selected. The results are expected to be used to establish policies to strengthen resource security and to make decisions to form a company's raw material portfolio.

Postural Risk Assessment of Young Tree Tending Operations in for Managing Pinus Densiflora and Larix Kaempferi Plantations (소나무와 일본잎갈나무 조림지 관리를 위한 어린나무가꾸기의 작업 자세 위험도 분석)

  • Lee, Eun-Jai;Lee, Sang-Tae;Han, Sang-Kyun;Cho, Koo-Hyun
    • Journal of the Korean Society of Industry Convergence
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    • v.24 no.3
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    • pp.271-281
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    • 2021
  • Pinus densiflora and Larix kaempferi forests not only extended the plantation management area but also cultivated to the sustainable wood supply chain during the last 5-years. These prescriptions are primarily done by manual operation activities, particularly in young tree tending. Two types of tending activities, brashing by brush cutter(BB) and pruning by pruning shear and saw(PP), were selected for the investigate of musculoskeletal disorders' level and postural risks using Ovako Working Posture Analysis System (OWAS). The postural risk indexes (BB and PP) ranged from 115 to 125 and 102 to 105, respectively. There is no significant difference between the species. The young tree tending operations had low postural risks. The results may be used as basic data to develop technical guideline for safe young trees.

Smoke Exhaust Performance Prediction According to Air Supply and Exhaust Conditions for Shipboard Fires from a Human Safety Point of View (인명안전 관점에서 선박 화재 시 급·배기조건에 따른 배연성능 예측평가)

  • Kim, Byeol;Hwang, Kwang-Il
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.22 no.7
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    • pp.782-790
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    • 2016
  • When a fire occurs on a ship that has mechanical ventilation facilities, the air supply and exhaust systems directly effect smoke diffusion. And there is a high possibility that occupant's visibility will be harmed because of smoke. In this study, the effects and risks of air supply and exhaust systems with regard to smoke diffusion given a shipboard fire analyzed with a Fire Dynamic Simulator(FDS). Suggested measures are also provided for using air supply and exhaust systems more efficiently. The results showed that, when air supply and exhaust systems were both working at the time of a fire, rather than stopping these systems as previously encouraged, continuing to operate both was an effective measure to gain evacuation time. When a fire occurred and the exhaust system was operating, also starting the air supply system near the origin of the fire was another effective approach to gain evacuation time. However, when only the air supply system was operating and a fire occurred, the air supply system accelerated smoke diffusion, so it was necessary to stop the air supply system to detect smoke diffusion as much as possible.

A study on the weighting of the Environmental Index for SCM ESG -Focusing on the participation of Korean SMEs in the Global Secondary Battery Supply Chain- (공급망 ESG 환경평가지표 가중치 분석에 관한 연구 - 글로벌 이차전지 공급망 참여를 위한 한국 중소기업을 중심으로 -)

  • Jong-Hee Jeong;Seong-Ho Kim
    • Korea Trade Review
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    • v.48 no.3
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    • pp.1-22
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    • 2023
  • Many major country have struggled to build a block of the secondary battery industry supply chain by considering their interests first. And their supply chain due diligence agreement mandates due diligence on human rights and environmental risks that may occur throughout the supply chain. So the integrated approach called supply chain ESG is needed. But there isn't to be a global standard for ESG yet. And the disclosure standards for each country are different, adding to companies' confusion. In this perspective, to present guidelines for establishing a supply chain ESG management strategy accompanied by Korean SMEs, this study presents environmental evaluation indicators of global secondary battery supply chain ESG customized for Korean SMEs and then performs weight analysis using AHP methodology. Through this, this study aims to suggest implications for accepting sustainability within the supply chain of Korean SMEs by presenting indicators to be considered first among environmental evaluation indicators in preparation for ESG due diligence of the global secondary battery supply chain.

Effect of Supply Chain Risk Management Factors on Risk Management Strategy and Corporate Performance (공급사슬관리 리스크 요인이 위험관리전략과 기업성과에 미치는 영향)

  • Lee, Choong-Bae;Kim, Hyun-Chung
    • Journal of Korea Port Economic Association
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    • v.36 no.3
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    • pp.55-74
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    • 2020
  • With globalization and the development of information and communication technology, the supply chain is becoming more widespread and complex, which increases the occurrence and damage caused by supply chain risks. Supply chain risk management has a great impact on corporate performance through the analysis of risk factors and proactive and strategic approaches. This study aims to analyze the effects of supply chain risk factors on risk management strategies and corporate performance empirically. In the research model for empirical analysis, supply chain risk factors were classified into supply, demand, operation, network, and external environment, while the risk management strategies were divided into active and passive strategies, as well as financial and operational performance for corporate performance. The data obtained via the questionnaire were analyzed for the path of the structural equation model. As a result of the analysis, companies are actively pursuing risk management for internal risk factors, rather than external factors, in terms of internal and external risk factors, and it was found that these strategies have a significant effect on corporate performance. Therefore, in the future, companies should conduct risk management strategies more proactively and preemptively through a thorough analysis of various risk factors affecting business operations.

A Study on the Industrial Economic-Importance Index of Minerals in Korea (한국의 광물자원 산업적 경제중요도 지수 산정 연구)

  • Yujeong Kim
    • Resources Recycling
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    • v.32 no.1
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    • pp.60-66
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    • 2023
  • As supply chain management becomes a key factor in the sustainable growth of the industry, securing minerals at the national or corporate level is becoming important. Depending on the industrial structure, the economic status of each minerals is different and the supply risk is different In this study, to examine the economic status of minerals, an index that can quantify the Industrial Economic Importance by minerals was developed and calculated by reflecting the demand structure and cost weight of each industry. As a result, Li, Al, Cu, Si, Co, Ni, etc. were evaluated as having high industrial importance in Korea. In addition, by industry, Al, Cu, Zn, and Pb for primary metal manufacturing, general machinery, assembly metals,Sn, Ba, Ti, Si and Ga for precision equipment, Si and Ga for semiconductors, and Li, Ni, Co, Si, etc. for electronic components had high industrial importance. Such as Europe and the United States, in order to select Critical-minerals, Korea will need to analyze the economic impact on the domestic industry as well as the risks of supply chain by minerals.

Important Role of Power Exchange in Conducting Futures Market for Stabilizing Electric Power Industry in Transition

  • Yoon, Yong T.
    • KIEE International Transactions on Power Engineering
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    • v.3A no.1
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    • pp.53-60
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    • 2003
  • At present the electric power industry in Korea is going through a major restructuring process. The restructuring is motivated by a desire to reduce electricity supply costs, to attract new in-vestment in modern generation, transmission and distribution facilities, and to stimulate innovation in the wholesale production and the retail supply of electricity. The experience to date shows that restructuring of electric power industry in the US, however, is marred with a number of problematic market performances including unreasonably high prices at wholesale. This paper investigates the important role of Power Exchange for stabilizing electric power industry in transition by offering various financial products. These financial products are used for risk hedging by the market participants. The paper focuses on the risk hedging by an individual supplier and derives an explicit decision rule that incorporates the attitude towards the risks. In addition to providing the financial products for risk hedging by market participants, the Power Exchange plays another very important role of financial safeguard system. Because of its unique characteristics, the Power Exchange is well suited for financial surveillance where it performs the early detection of unsound financial (and to a large extent operational) practices on the part of any system users and protect the system integrity and the market participants from the consequences of a default in the clearing structure.

Understanding Uncertainties in Projecting Water Demand and Effects of Climate Change for Adaptive Management of Water Supply Risk of the Water Resources System (수자원 시설 물공급 리스크의 적응형 관리를 위한 물수요 및 기후변화 영향의 불확실성 검토)

  • Lee, Sang-Eun;Park, Hee-Kyung
    • Journal of Korean Society of Water and Wastewater
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    • v.25 no.3
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    • pp.293-305
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    • 2011
  • A special concern is paid to the risks with which small-sized water resources systems are confronted in supplying water in the far future. Taking the Gwangdong dam reservoir as a case study, the authors seek to understand demand-side and supply-side disturbances of a reservoir, which, respectively, corresponds to effects of water demand changes on the intake amount and those of climate changes on the inflow amount. In result, it is demonstrated that both disturbances in the next 50 years are almost unpredictable. Yet the projection ranges, thought of as relatively reliable information that models offer, reveal that severity and period of water shortage is very likely to change. It is therefore concluded that water resources management requires more rigorous approaches to overcoming high uncertainties. The methods and models for projecting those disturbances are selected, based on practicality and applicability. Nevertheless, they show a large usefulness, especially in dealing with data shortage and reducing the needs for expensive modeling resources.

Anomalous Arterial Supply to Normal Basal Segment of the Right Lower Lobe: Endovascular Treatment with the Amplatzer Vascular Plug

  • Kim, Ji Hyun;Kim, Sin Seung;Ha, Kyung Sun;Bae, Jungi;Park, Yonggeun
    • Tuberculosis and Respiratory Diseases
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    • v.76 no.6
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    • pp.295-298
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    • 2014
  • Pulmonary systemic arterialization to normal basal lung without sequestration is a rare congenital anomaly. In this rare abnormality, arterialization of the left lower lobe is the most common type. In general, surgical treatments have been performed. Recently, for reducing the complications and risks of surgery, embolization is mainly attempted by using coils. We report a case of 22-year-old male patient with a 10 mm anomalous arterial supply to his normal lung, which is being successfully treated by transcatheter embolization when using the Amplatzer Vascular Plug that has been adapted for the treatment of high-flows and large artery occlusions.