• Title/Summary/Keyword: Supply chain management performance

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The Role of Information Sharing Between Supply Chain Integration and Performance (공급사슬통합과 성과의 관계에서 정보공유의 역할)

  • Hwang, Cheayoung;Suh, Chang-Kyo
    • Information Systems Review
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    • v.17 no.1
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    • pp.199-215
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    • 2015
  • Supply chain integration is the degree to which a firm strategically collaborates with its supply chain partners. We study the relationship between supply chain integration and corporate performance and the role of information sharing between them. When the information sharing is used as a mediating factor between supply chain integration and performance, supply chain integration should be focused to enhance the performance because of their causal relationship among them. On the contrary, when the information sharing is used as a moderating factor, situational approach to improve performance is needed. This study collected 199 questionnaires from the manufacturing companies and used Amos 21 to analyze the measurement model and structural model. The study found that supply chain integration positively influences corporate performance and information sharing acts as a mediating variable between supply chain integration and corporate performance. Therefore the firm should pay additional attention on supply chain integration to improve the corporate performance.

A Study on the GSCM Strategy and Business Performance - Focus on DOOLEE VISION Case - (GSCM전략과 사업성과에 관한 연구 -두리비전 사례를 중심으로-)

  • Kim, Chang-Bong
    • International Commerce and Information Review
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    • v.8 no.1
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    • pp.325-336
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    • 2006
  • This paper examines the global supply chain management strategy and business performance of Doolee Vision Co. Ltd.. Based on the analysis of eighty-seven cases, the following results were found. First, it was found that just-in-time of GSCM strategy of firm have a positive influences on the business performance in transformation sector. Second, just-in-time of GSCM strategy of firm have a positive influences on the business performance in custody sector. Third, just-in-time of GSCM strategy of firm have a positive influences on the business performance in order response and support sector. Forth, just-in-time of GSCM strategy of firm have a positive influences on the business performance in customs sector. Fifth, just-in-time of GSCM strategy of firm have a positive influences on the business performance in customer service sector. However, several limitations, such as measurement for intra-industry homogeneity, measurement for flexibility of global supply chain management strategy, and measurement for business performance of global supply chain management, that make the preceding conclusions be considered preliminary.

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Trust, Long-term Orientation, and Relationship Performance: A Perspective of Distribution Management on Supply Chain

  • Changjoon LEE;Soohyo KIM
    • Journal of Distribution Science
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    • v.22 no.1
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    • pp.105-113
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    • 2024
  • Purpose: This study sheds light on the need for trust in buyer-seller relationships in supply chains and explores why long-term orientation is important. It also investigates the effect on relationship performance. This study provides implication on how to build robust supply chains. Methodology: A survey was conducted with firms with supply chains in South Korea. A total of 350 valid questionnaires were analyzed through Entrust Survey-a sampling company. Structural equation modeling (SPSS 18.0 and AMOS) was employed to test the hypotheses. Results: Cognitive trust had a positive effect on emotional trust. Emotional trust had a positive effect on long-term orientation but did not have a significant effect on relationship performance. Long-term orientation was proportionate to relationship performance. Conclusions: Trust is a critical factor in supply chains. As business environments are rapidly changing, the uncertainties are also meaningful. Supply chains have collapsed owing to COVID-19, the Russia-Ukraine war, and the U.S.-China trade war, and they are only just recently being rebuilt. Maintaining relationships with supply-chain partners is vital, and promoting cognitive and emotional trust is necessary.

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.

Implementation and Performance Evaluation of a Firm's Green Supply Chain Management under Uncertainty

  • Lin, Yuanhsu;Tseng, Ming-Lang;Chiu, Anthony S.F.;Wang, Ray
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.15-28
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    • 2014
  • Evaluation of the implementation and performance of a firm's green supply chain management (GSCM) is an ongoing process. Balanced scorecard is a multi-criteria evaluation concept that highlights implementation and performance measures. The literature on the framework is abundant literature but scarce on how to build a hierarchical framework under uncertainty with dependence relations. Hence, this study proposes a hybrid approach, which includes applied interpretive structural modeling to build a hierarchical structure and uses the analytic network process to analyze the dependence relations. Additionally, this study applies the fuzzy set theory to determine linguistic preferences. Twenty dependence criteria are evaluated for a GSCM implemented firm in Taiwan. The result shows that the financial aspect and life cycle assessment are the most important performance and weighted criteria.

Development of a Simulation Model for Supply Chain Management of Modular Construction based Steel Bridge (모듈러 공법 기반 강교 공급사슬 관리를 위한 시뮬레이션 모형 개발)

  • Lee, Jaeil;Jeong, Eunji;Kim, Sinam;Jeong, Keunchae
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.2
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    • pp.3-15
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    • 2022
  • In this study, we develop a simulation model for Supply Chain Management (SCM) of modular construction based steel bridge. To this end, first, Factory Production/Site Construction system data for the steel bridge construction were collected, and supply chain, entities, resources, processes were defined based on the collected data. After that, a steel bridge supply chain simulation model was developed by creating data, flowchart, and animation modules using Arena software. Finally, verification and validation of the model were performed by using animation check, extreme condition check, average value test, Little' s law test, and actual case value test. As a result, the developed simulation model appropriately expressed the processes and characteristics of the steel bridge supply chain without any logical errors, and provided accurate performance evaluation values for the target system. In the future, we expect that the model will faithfully play a role as a performance evaluation platform in developing management techniques for optimally operating the steel bridge supply chain.

Evaluating the Performance of Revenue Sharing Contract in Three Stage Supply Chain System

  • Chungsuk RYU
    • Journal of Distribution Science
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    • v.22 no.1
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    • pp.95-103
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    • 2024
  • Purpose: Focusing on the complex supply chain operations beyond the simple dyadic relationship, this study evaluates the performance of the revenue sharing contract in three stage supply chain system. Research design, data, and methodology: The optimization model is developed to describe the supply chain system where one manufacturer, one wholesaler, and one retailer exist and pursue the maximum level of their own profits. In the numerical examples of the proposed supply chain model, two types of the revenue sharing contract, pairwise and spanning methods, are tested and their performances are compared with the traditional system. Results: The numerical analysis reveals that both types of the revenue sharing contract outperform the traditional system. All supply chain members can achieve the improved profits only when they determine the proper combination of revenue share ratios and price discount rates. Conclusions: This study finds out that both pairwise and spanning revenue sharing contracts can make the positive outcome that is acceptable to all members in three stage supply chain system. When the proper contract content is agreed among the supply chain members, the revenue sharing contract has the potential to be the practically feasible collaboration program for the multiple stage supply chain system.

An Empirical Analysis of the Effect of Operations Performance on Financial Performance (오퍼레이션스 성과와 재무성과 간의 인과관계에 대한 실증분석)

  • Kim, Younghoon;Pyun, Jebum;Kim, DaeSoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.57-73
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    • 2015
  • While many previous studies investigated the effect of operations performance on financial performance, most studies considered only a few performance indicators and ignored the characteristics of industries. Therefore, this study intends to analyze the effect of operations performance on financial performance, by selecting a rather comprehensive operations performance indicators from firms' financial data. In doing so, we used operating efficiency and supply chain performance indicators for operations performance and a firm's profitability and future value indicators for financial performance. For the analysis, we collected 544 firms' operations and financial performance data belonging to eight key industries from the 'Forbes Global 2000'. We first analysed the differences in operations and financial performance among high, medium and low supply chain performance groups based on the quantitative criteria of Gartner's 'Supply Chain Top 25' ranking procedure. Then we analysed the effect of operations performance indicators on financial performance for both entire industry and individual industries, using multiple regression. Based on the results, we provided practical insights into key operations performance indicators to focus on and manage in order to improve financial performance.

Balancing between Supply and Demand in Supply Chain Operating (공급사슬 운영에서의 수요와 공급 균형에 관한 연구)

  • Jo Min-Gwan;Lee Yeong-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.371-374
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    • 2004
  • The ultimate purpose of Supply Chain Management (SCM) is maximizing the profits of the overall Supply Chain (SC) through increasing customer satisfaction and decreasing operating cost. It can be successfully accomplished only when SC system balances demands with supply activities coordinated by aggregate planning, mid-term level of Supply Chain Planning(SCP). However, the existing measures to mainly estimate the specific function of SCM are not enough to evaluate the state of SC with respect to the balance between supply and demand in operating. To solve this problem, we develop a new SC performance measure, Balancing Point, using momentum concept. a fundamental knowledge of physics. Momentum concept can explain the relation among objects so that it can consider the balance between supply and demand in SC operating. The developed measure can not only consider the current state of the SC system but also take planned but not executed supply activities and upcoming demands into account. Therefore, using Balancing point, we can be aware of the unbalanced state of SC in advance.

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A Study on the Effect of Customer Integration and Market Orientation on the Uncertainty and Flexibility of Supply Chain and Management (고객통합과 시장 지향성이 공급사슬 불확실성과 유연성 및 경영성과에 미치는 영향에 관한 연구)

  • Jung, He-Kyung;Boo, Jeman
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.4
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    • pp.178-189
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    • 2020
  • The purpose of this study was to analyze structural relationships with regard to the effect of customer integration, which is a type of integration in the supply chain, and market orientation of supply chain on the resulting change in the supply chain and management performance. The results of analysis in this study are as follows: First, customer integration and market orientation had a positive effect on reducing the flexibility and uncertainty of SCM. The decreased flexibility and uncertainty of SCM had a positive effect on non-financial performance, which also had a positive effect on financial performance. Second, customer integration and market orientation had a positive effect on financial and non-financial performance indirectly by decreasing the flexibility and uncertainty of SCM. Third, the effect of customer integration and uncertainty of SCM on the flexibility of SCM changed depending on the position in the supply chain; the effect was larger in the distribution group. The implications based on the analysis results are as follows: It is expected that the ability to deal with market changes in the overall supply chain is improved by laying the foundation for cooperation through establishing information infrastructure, including sharing information with trade partners and integrating systems, and implementing customer integration based on these achievements. It is also necessary to consider the business types and characteristics of individual companies in establishing information infrastructure.