• Title/Summary/Keyword: supply chain building

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Analysis of Key Success Factors for Building a Smart Supply Chain Using AHP (AHP를 이용한 스마트 공급망 구축을 위한 주요 성공요인 분석)

  • Cheol-Soo Park
    • Journal of Information Technology Applications and Management
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    • v.30 no.6
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    • pp.1-15
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    • 2023
  • With the advent of the Fourth Industrial Revolution, propelled by digital technology, we are transitioning into an era of hyperconnectivity, where everything and objects are becoming interconnected. A smart supply chain refers to a supply chain system where various sensors and RFID tags are attached to objects such as machinery and products used in the manufacturing and transportation of goods. These sensors and tags collect and analyze process data related to the products, providing meaningful information for operational use and decision-making in the supply chain. Before the spread of COVID-19, the fundamental principles of supply chain management were centered around 'cost minimization' and 'high efficiency.' A smart supply chain overcomes the linear delayed action-reaction processes of traditional supply chains by adopting real-time data for better decision-making based on information, providing greater transparency, and enabling enhanced collaboration across the entire supply chain. Therefore, in this study, a hierarchical model for building a smart supply chain was constructed to systematically derive the importance of key factors that should be strategically considered in the construction of a smart supply chain, based on the major factors identified in previous research. We applied AHP (Analytical Hierarchy Process) techniques to identify urgent improvement areas in smart SCM initiatives. The analysis results showed that the external supply chain integration is the most urgent area to be improved in smart SCM initiatives.

How VMI and Consignment Jointly Affect Supply Chain Performance

  • Ryu, Chung-Suk
    • Journal of Distribution Science
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    • v.13 no.3
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    • pp.31-39
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    • 2015
  • Purpose - Due to its potential to improve supply chain operations, supply chain collaboration has attracted significant attention from both academics and practitioners. This study focuses on VMI, in collaboration with consignment, and examines its impact on supply chain performance. Research design, data, and methodology - This study employs the analysis of mathematical models, formulated based on the proposed supply chain framework. Using numerical examples, it evaluates the performance of three supply chain systems: one including VMI and consignment, a consignment-only system, and a traditional system. Results - The combination of VMI and consignment produces greater supply chain benefits than the consignment-only and traditional systems. Whereas only the performance of the buyer improves with the consignment-only system, the system with VMI and consignment is beneficial to both the buyer and supplier. Conclusions - The results of this study reveal that the inclusion of the additional collaborative function of VMI makes consignment a better supply chain collaboration program. Future studies should examine issues regarding the testing of diverse collaboration programs and the building of a firm theoretical background.

A Study on Supply Chain Management Evaluation Model and Simulation Model (공급사슬관리 평가 모델 및 시뮬레이션 모델 구축에 관한 연구)

  • Li, Guang-zhu;Yang, Qing-wan;Li, Longzhen
    • Journal of the Korea Safety Management & Science
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    • v.17 no.2
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    • pp.191-199
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    • 2015
  • Considering the supply system and operating cost of enterprises which are in the supply chain as the main index, this paper establishes a supply chain evaluation model, and utilizes Arena building stimulation model of the supply chain which considers manufacturing enterprises as the core of supply chain. This model designs a generic simulation model of the supply chain including multi-level distributors and suppliers. And the model analyzes a representative example of business process, one of the enterprises in Shandong.

An exploratory study of strategic issues in manufacturing supply chain management (공급사슬관리의 전략적 과제에 관한 탐색적 연구)

  • 안병훈;이승규;정희돈;안현수
    • Korean Management Science Review
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    • v.14 no.1
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    • pp.151-176
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    • 1997
  • This study addresses strategic issues related to the question of" how can a supply chain become more competivity\ulcorner" We examine several cases of manufacturing supply chains. Results show that each constituent firm is required to maintain different manufacturing capabilities and to play different roles by its position (up/mid/down-stream) in a chain. Furthermore, there are patterns of required capabilities by the positions in a chain. These findings imply that the "position in a chain" should be treated as one of the strategic factors when discussing the buyer-seller relationship. It is also shown that different action programs are required for building different manufacturing capabilities of individual firms in a supply chain. Additionally, we argue that some programs need to be done simultaneously, by all the members of the chain, while some need to be carried out by only a small group or an individual firm. Finally, we propose a direction for a theoretical framework for analyzing supply chain structures and strategies.ures and strategies.

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Development of a Materials Management System Considering Construction Supply Chain Management (건설공급사슬을 고려한 건설공사 자재관리시스템 개발)

  • Jang, Myung-Hoon
    • Journal of the Korea Institute of Building Construction
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    • v.9 no.5
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    • pp.87-93
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    • 2009
  • A construction supply chain needs an integrated information system, as the general contractor and subcontractors must communicate regularly with one another and share a substantial amount of information in their cooperative work. In the construction industry, supply chain management is necessary in the management of a system, including business process improvement, participant-oriented management, and the supply chain. This research proposed a supporting system and developed the prototype focusing on materials that play an important role in the supply chain. Construction projects are managed mainly through schedule management. As such, supply chain management should be linked with schedule management. The research implemented a prototype of the supporting system for construction supply chain management. The prototype was implemented in Microsoft Project using VBA, including a simulation tool based on @Risk for Project.

A Review of Current Status and Analysis in Supply Chain Modeling (공급사슬 모델링의 현황 및 분석에 관한 고찰)

  • Kang, Kyung Hwan;Lee, ByungKi;Lee, Young Hoon
    • Journal of Korean Institute of Industrial Engineers
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    • v.30 no.3
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    • pp.224-240
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    • 2004
  • Supply chain management(SCM) has been recognized as a major strategy in today's market place. A growing number of researchers have begun to realize the strategic importance of model construction, planning, controlling and operation for SCM. Also various researches of supply chain model building are going on. In this paper, we synthesis key elements of supply chain model such as performance factors, decision variables and constraints. We have reviewed past and present supply chain models and then analyzed those in view of environment factors, operations, solution approaches.

BUSINESS CREATION BY INDUSTRIALISED BUILDING SYSTEM IN MALAYSIAN CONSTRUCTION INDUSTRY

  • Theong May Chuan
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.407-412
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    • 2011
  • Recently, the Malaysian government had been developing new technologies to the construction industry and one of them is the Industrialised Building System (IBS). The government urged that IBS is 100% utilized in all construction projects. It is believed that the application of IBS helps in reducing construction duration and cost, solving the problems of overflow of foreign workers in the site and improving performance and appearance of a structure. However, there are some parties like the contractor who feel reluctant to utilize this system because there are risks. They worry that their trades will be affected as IBS construct a structure using components which are manufactured in a factory and assemble on site. Therefore, this research is to find out whether IBS benefits the country's economy by focusing on the business created by investing in IBS. A comprehensive supply chain for IBS will be developed to compare with the traditional construction supply chain as to determine businesses or trades created and eliminated. This paper is looking at the theoretical framework about business opportunities due to the Government policy on embarking IBS.

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A Study on the Supply Chain Security Program (수출입 공급망 안전 프로그램에 관한 연구)

  • Han, Byoung Wan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.58
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    • pp.287-311
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    • 2013
  • In this study, the scope of previous logistics security were focused only on port and ship. Because of it now extends to the overall (export and import) supply chain areas and in regards with supply security programs in the international level, it reviewed supply chain security programs categorized them into 'ships and port security system', 'container screening system', 'logistics chain authorization system' which are expanded to be adopted in the international level. The major features of those programs are summarized as in building risk management system, providing information ahead, selectivity test and benefits to AEO authorized companies in the customs administration level. The government and companies which are to ensure supply chain security and trade facilitation in order to cope actively with international customs administrative atmosphere need to do the followings : First, they need to build an intra-government integrated supply chain security and make efforts to conclude AEO MRA in order to increase trade competitiveness among major trading countries. Second, they need to build supply chain risk management system in order to enhance management performance through overseas market and company level strategy to obtain and maintain AEO authorization in the company level.

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System Dynamics Approach to Return Policy at Supply Chain (공급체인에서의 반품계약에 대한 시스템다이내믹스 접근)

  • Kim, Tae-Hyun;Park, Jeong-Hoonl;Choi, Dong-Hyun;Kim, In-Hoo
    • Korean System Dynamics Review
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    • v.8 no.1
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    • pp.173-186
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    • 2007
  • This research consists of (1) building (or molding) the Dynamics Simulation Model on Return Policy mainly used in publications, phonographs, and computer industry; which are seen used in supply chain contract known as effective control mechanism under the varied supply chain situations, and (2) analyzing the effects that return rates and seller's contract parameters have in the outcome of the model and (3) observing how the effectiveness of Return Policy changes under such circumstances where the buyer's sales ability and the seller's risk inclination are taken into account. Thus, the main purpose of this research lies in analyzing what exactly are the effects (and or outcome) that sales ability and risk inclination have in Return Policy, and additionally by conducting comprehensive research on Supply Chain Policy Dynamics Simulation Model, we will try to prove that not only the Systems Dynamics approach is highly contributive in supply chain management but also that it will serve as a foothold in future research. As a result of the research, supply chain achievement level turned out to be high when Return Policy is enforced, and the achievement level was even higher when seller's sales ability was taken into consideration along with the Return Policy. On the other hand, the achievement level decreased when the seller had risk aversive tendencies.

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A Construction Supply Chain Management Process with RFID/WSN-based Logistics Equipment

  • Shin, Tae-Hong;Yoon, Su-Won;Chin, Sangyoon
    • Journal of Construction Engineering and Project Management
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    • v.2 no.4
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    • pp.11-19
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    • 2012
  • Construction supply chain management (CSCM) has become one of the critical factors that determine the success of a construction project as it becomes increasingly complicated and mega-sized. Particularly for high-rise or mega-sized building construction, just-in-time supply chain management is required due to lack of storage space and effective logistics for construction components and materials at a construction site. Despite the fact that research and development of radio frequency identification (RFID) and wireless sensor network (WSN) technology have been performed, construction project managers still need to carry mobile devices and check material and component flow at each stage of the supply chain process. This research proposes that the equipment used in the construction supply chain process, such as movers, trailers, gates, and hoists, can become main actors in the supply chain process using RFID and WSN technologies. And the proposed equipment and process focused on a solution to the redundancy identification problem, which has been observed in operations that use RFID/WSN-based processes for construction logistics. This paper also presents issues identified through verification and validation of the research results and proposes further studies.