• Title/Summary/Keyword: Supply security cost

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A Study on the Supply Chain Security and Risk Management Strategies of Global Companies (글로벌 기업의 공급사슬보안 및 위험관리전략에 관한 연구)

  • Yang, Jung-Ho
    • Management & Information Systems Review
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    • v.27
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    • pp.149-172
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    • 2008
  • Since the 9/11 terror attack, the event which caused supply chain disruption, supply chain security has becomes more important than ever before. Furthermore, such company's logistics strategies conflicting supply chain security as increased global sourcing, JIT manufacturing are increasing supply chain vulnerability. It could burden for global companies to strengthen supply chain security because not only it requires additional investment cost but also changes of companiy's global logistics strategy. However, on the other hand, supply chain visibility and resilience can be improved through supply chain security. In addition, it allows companies to stabilize supply chain structure as well as rapid and flexible response to market demand. The key issue is balancing between efficiency and supply chain security. To do this, identifying risk elements under the supply chain and assessing vulnerability of each supply chain components should be performed before developing efficient supply chain security management system without obstructing supply chain efficiency.

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Analysis on the Replacement Cost of Nuclear Energy Using a Stochastic Programming Model (확률계획법을 활용한 원자력 대체비용의 분석)

  • Chung, Jaewoo;Min, Daiki
    • Korean Management Science Review
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    • v.30 no.1
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    • pp.139-148
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    • 2013
  • A nuclear energy has been one of the most important sources to securely supply electricity in South Korea. Its weight in the national electricity supply has kept increasing since the first nuclear reactor was built in 1978. The country relies on the nuclear approximately 31.4% in 2012 and it is expected to increase to 48.5% in 2024 based on the long-term electricity supply plan announced by the Korean government. However, Fukushima disaster due to 9.0 magnitude earthquake followed by the tsunami has raised deep concerns on the security of the nuclear power plants. The policy makers of the country are much interested in analyzing the cost structure of the power supply in the case that the nuclear is diminished from the current supply portion. This research uses a stochastic model that aims to evaluate the long-term power supply plan and provides an extensive cost analysis on the changes of the nuclear power supply. To evaluate a power supply plan, the research develops a few plausible energy mix scenarios by changing the installed capacities of energy sources from the long-term electricity supply plan. The analyses show that the nuclear is still the most attractive energy source since its fuel cost is very much stable compared to the other sources. Also the results demonstrate that a large amount of financial expenditure is additionally required every year if Koreans agree on the reduction of nuclear to increase national security against a nuclear disaster.

A Study on the Security related Obligations of Contracting Party under the Incoterms(R) 2010 Rules (Incoterms(R) 2010상 수출입 당사자의 보안관련 의무에 관한 연구)

  • Yang, Jung-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.54
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    • pp.45-80
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    • 2012
  • Since the 9.11 terror attack, the event which caused supply chain disruption, supply chain security has become more important than ever before. With this as a momentum, a customs supply chain security paradigm emerged intended to guarantee secure flow of cargo across boarder. Under this circumstances Incoterms(R) 2010 rules have allocated obligations between the buyer and seller to obtain or to render assistances in obtaining security clearances. Thus, security related obligations such as providing advance manifest information is the mandatory requirements for any export and import. The impact on the seller and buyer of security related obligations under the Incoterms(R) 2010 rules environment is obvious. Assistance to provide the security information in advance has become indispensable obligations to the seller and buyer. As such assistances is at the cost and risk of the party responsible for the clearances of the goods, the choice of recognised partner and compliance with the relevant security program, in order to enjoy the relevant benefits, becomes paramount.

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Global Trade Management Strategies for Export Companies from the Supply Chain Management Perspective (공급사슬관점에서 수출기업의 글로벌 무역관리 전략)

  • Yang, Jung-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.35
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    • pp.179-219
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    • 2007
  • Cross-border supply chains undergone complexity in the global trade process, unpredictability and continually evolving regulations and information requirements. Under these circumstances, longer lead time inhibiting quick response to market demands, unanticipated supply chain costs eroding product cost savings, compliance and documentation errors causing delays and fines are challenging global trade companies when they execute global business. These problems are mainly caused by unautomated, unintegrated process which lead to longer and more unpredictable lead times, slower cash flow, cost overruns, and ultimately lower profits and less satisfied customers. Complex and unpredictable global trade environment requires global trade companies of global trade management functions to automate and control this complex environment for driving out cost, time and risk from their business. Global trade management allows cost savings, supply chain efficiencies and improved compliance through improving global supply chain visibility, facilitating cash flow by supply chain financing, enhancing supply chain security and risk management.

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RFID BASED INTRA SUPPLY CHAIN MANAGEMENT SYSTEM IN TEXTILE INDUSTRY

  • Mateen, Ahmed;Zhu, Qingsheng;Afsar, Salman;Bashir, Salman
    • International Journal of Advanced Culture Technology
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    • v.7 no.3
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    • pp.166-177
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    • 2019
  • Radio Frequency Identification (RFID) skill is becoming a technology that might deliver a response to manual glitches. The use of tags, receiver and wireless surfs to join with each other would mean that RFID in combination with the EPC would speech these pain opinions and offer many welfares in different sectors such as production, distribution, trade, logistics, and security. Potential benefits include increased visibility rising supply chain, enlarged proficiency and cost savings through improved data harmonization, better responsiveness to actual prominence change. Trendy the case of the textile or industrial applications, recent systems used by the industry to control the supply chain in addition strength discernibility are being studied, besides improvements in the overall perceptibility of assets are anticipated through labels, readers, drivers, POEs, etc. this model will be developed with new situations and a lively construction industry. It will be focused on Cost, Hardware compatibility, security and maintenance issues.

Enhanced RFID Mutual Authentication Protocol on Efficient Supply Chain Management (효율적인 공급망 관리를 위한 강화된 RFID 상호 인증 프로토콜)

  • Jeon, Jun-Cheol
    • Journal of Advanced Navigation Technology
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    • v.13 no.5
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    • pp.691-698
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    • 2009
  • Chen et al. proposed a RFID authentication protocol for anti-counterfeiting and privacy protection. A feasible security mechanism for anti-counterfeiting and privacy protection was proposed using XOR and random number shifting operations to enhance RFID tag's security providing a low cost. However, their authentication protocol has some drawbacks and security problems because they did not consider the surrounding environments. We conduct analysis on the protocol and identify problematic areas for improvement of the research. We also provide enhanced authentication and update scheme based on the comment for efficient supply chain management. The proposed protocol was analyzed and compared with typical XOR based RFID authentication protocols and it was confirmed that our protocol has high safety and low communication cost.

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Feasibility Study on Introduction of Decentralized Water Supply System for Improving Water Security and Sustainability (물안보 및 지속가능성 제고를 위한 분산형 용수공급시스템의 도입 타당성에 관한 연구)

  • Kim, Kwan-Yeop;Kim, Seong-Su;Park, No-Suk
    • Journal of Korean Society of Water and Wastewater
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    • v.28 no.1
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    • pp.111-124
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    • 2014
  • Decentralized water supply systems, treating the water in users'vicinity, cutting down the distribution system, utilizing the alternative water resources(rainwater harvesting, water reclamation and reuse and so on.) and saving energy and other resources, could be categorized into POU(Point-Of-Use), POE(Point-Of-Entry) and community small scale system. From the literature review, we could thought that decentralized water supply system and hybrid system(integrating centralized and decentralized water supply system within urban water management) might have strengthening comparative advantages to centralized system with respect to: (1) water security, (2) sustainability, (3) economical affordability. Even though it is difficult to derive and quantify direct benefit advantages from decentralized and hybrid system in comparison with centralized system, (1) operational cost reduction, (2) assurance for safe and stability water supply and (3) greenhouse gas reduction can be expected from successful establishment of the former.

An Empirical Study on the Competition Factor Electronic Logistics Information and International Logistics Management (국제물류관리와 전자적물류정보의 경쟁요인에 관한 실증연구)

  • Kwak, Hyun
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.257-283
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    • 2007
  • As Global industrial structure is diversified, multinational corporations accomplished fast internationalization to introduction of new management policy by development of an IT technology. Enterprise' business environment is changing transcending border. To overcome raging waves of change accident and to be secured enterprise's future, the logistics is recognized the third profit source joining in curtailment of sale enlargement, production cost. To seek cost saving or reform in logistics class that is last area of pursuit of profits within ancient city life in the fast lane from these viewpoint, importance of study that integrates and manages international logistics bases supply neck walk is emphasized. Specially, to meet on in terms of competitive power security regarding curtailment of logistics cost is available through link between logistics bases, various consumer's request, merchandise and service logistics management that supply fixed quantity as is reliable in right place at good season was embossed by point game plan of business management, and SCM efficiency anger of mortification international logistics activity importance of study that see at that dominate competitive advantage point bring. This study analyzes interrelation and presents model for integration of international logistics bases supply network with supply network habit at factor and supply chain, and supply network activity in integration of supply chain process and production. Also, it establishes following method of study to achieve study purpose for actual proof analysis for integration sequence of international logistics bases supply network. Specially, immersion of network and supply network, very high interrelation appeared by thing which is with international logistics base supply network integration. The integration of international logistics base supply network means that the enterprises which give trust and sincerity deal with market environment change positively and can decide proceeding of various cooperative work. Also, it means the possibility by necessity of cooperative relation and interdependence to continuous immersion and normative immersion, for the maintain of long business relations.

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Indicators of Economic Evaluation and Case Studies on New & Renewable Energy (신재생에너지 경제성 평가 결과 분석 및 평가지표 연구)

  • Ahn Eun-Young;Kim Seong-Yong
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.06a
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    • pp.600-603
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    • 2005
  • U.S. National Research Council proposed benefits framework for energy R&D project as economic benefits, environmental benefits, security benefits and knowledge benefits. Following this framework, U.S. National Renewable Energy Laboratory evaluated the projected benefits of Federal Energy Efficiency and Renewable Energy Programs in the indicators of energy-expenditure savings, energy system cost savings, $CO_2$ emissions reductions. oil savings, natural gas saving and avoided additions to central conventional power. As this result, geothermal energy have predominant position in the energy-expenditure savings, natural gas saving and avoided addi t ions to central conventional power to FY2050. The projected benefits, in monetary value, of the whole supply-potential of geothermal energy in Korea were evaluated as 480.2 billion Won, 43.1 billion Won and 135.8 billion Won for the private energy-cost savings, social environmental-cost savings, and import energy-cost saving, respectively.

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External Cost Assessment for Nuclear Fuel Cycle (핵연료주기 외부비용 평가)

  • Park, Byung Heung;Ko, Won Il
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.4
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    • pp.243-251
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    • 2015
  • Nuclear power is currently the second largest power supply method in Korea and the number of nuclear power plants are planned to be increased as well. However, clear management policy for spent fuels generated from nuclear power plants has not yet been established. The back-end fuel cycle, associated with nuclear material flow after nuclear reactors is a collection of technologies designed for the spent fuel management and the spent fuel management policy is closely related with the selection of a nuclear fuel cycle. Cost is an important consideration in selection of a nuclear fuel cycle and should be determined by adding external cost to private cost. Unlike the private cost, which is a direct cost, studies on the external cost are focused on nuclear reactors and not at the nuclear fuel cycle. In this research, external cost indicators applicable to nuclear fuel cycle were derived and quantified. OT (once through), DUPIC (Direct Use of PWR SF in CANDU), PWR-MOX (PWR PUREX reprocessing), and Pyro-SFR (SFR recycling with pyroprocessing) were selected as nuclear fuel cycles which could be considered for estimating external cost in Korea. Energy supply security cost, accident risk cost, and acceptance cost were defined as external cost according to precedent and estimated after analyzing approaches which have been adopted for estimating external costs on nuclear power generation.