• Title/Summary/Keyword: supply chain strategy

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The Risk Assessment Effects of SCM and the Strategy of Risk Management on Supply Chain Performance (공급사슬 위험평가 및 위험관리전략이 공급사슬 운영성과에 미치는 영향)

  • Kim, Dong Jeong;Lee, Young Jai
    • Journal of Information Technology Applications and Management
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    • v.21 no.4
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    • pp.173-186
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    • 2014
  • This study outlines possible risk factors in the SCM of a company and correlates risk assessment, the strategy of risk management, and the supply chain performance. The data is surveyed from an international Korean company and is analyzed by the structure equation model of actual proof. The research model verifies the correlation between the risk assessment, the strategy of risk management, and the supply chain performance as dependent variables after the risk factors of the SCM are defined as independent variables. The research shows that there are consecutive links among the risk factors of the SCM, the risk assessment, and the strategy of risk management. The strategy of risk management was conclusively determined to have an effect on supply chain performance. Therefore, improving the supply chain performance of a company requires the constructive process for risk management based on a correlation between risk assessment and the strategy of risk management.

A Comparative Case Study on Supply Chain Management and Strategy of Global Semiconductor Companies (글로벌 반도체기업들의 공급체인 관리와 전략에 대한 비교사례 연구)

  • Kwun, Young-Hwa
    • International Area Studies Review
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    • v.20 no.4
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    • pp.91-119
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    • 2016
  • As the 4th industry is introduced these days, so the demand of various semiconductors is growing in the market. And global semiconductor companies in semiconductor industry are responding to this demand by facilitating innovation. Meanwhile, there has been done many studies regarding supply chain for a long time. And the study of supply chain in semiconductor industry has often been carried out until now. But there were no enough case studies regarding the supply chain of semiconductor company. Therefore, this study carried out a comparative case study for global semiconductor companies' supply chain and compared each companies' supply chain management and strategy. In conclusion, all the companies are executing supply chain management in an aggressive, systematic and organized way, and there were a lot of similarities and a few differences among these companies in supply chain management. Furthermore, each company has a unique way for supply chain strategy. Lastly, this study suggested some messages which are helpful for their supply chain strategy.

A Simulation Study on the Transfer Effects of Decision Rights in a Supply Chain (공급사슬에서 의사결정권한의 이전효과에 대한 시뮬레이션 연구)

  • 박병인
    • Korean Management Science Review
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    • v.19 no.2
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    • pp.221-235
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    • 2002
  • Many people are getting more and more interested in the value of information sharing in a supply chain in proportion to the development of information technology in these days. In spite of much interest in the value of shared information, the related studies concluded that the effect of only sharing information strategy between upper and lower level is not large However, many related companies want to link each channel members in the supply chain with on-line to expect to reduce the cost by means of information sharing. This study wants to evaluate the alternative strategy to reduce more related costs than only sharing information strategy. This paper analyzed that how much the total supply chain cost is to change in the case of a transfer of decision rights from the lower (retailers) to the upper level (depot, vendor) in a supply chain. The decision rights mean the rights of being able to decide when to order, how much to order, where to order, and what mode to transport or distribute, etc. in a supply chain. By the experimental simulation study to the simple case, the strategy to share only information took the low effect of 1~2%, but the strategy to transfer the decision lights from the lower to the upper member had larger effect of about 5%. However. for the strategies to work well, it needs to cooperate closely among each supply chain members, and the fruits from the transfer of decision rights in a supply chain are allocated to each chain members reasonably Therefore, there needs to study in the future not only the exact transfer effect of decision rights, but the reasonable allocation method of the fruits among the chain members.

An Empirical Study on the Japanese Manufacturers' Integration Strategy of Supply Chain Management (일본 제조기업의 공급사슬경영 통합화 전략에 관한 실증 연구)

  • Lee, Deok-Joo
    • IE interfaces
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    • v.13 no.3
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    • pp.486-495
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    • 2000
  • Supply chain management(SCM) has become an integral part in manufacturing management. And it is often discussed that the actual advantages of supply chain management can be exploited by its integrative management approach. Very often in this context scholars refer to the need of integrating the supply chain. However few examples of truly integrated supply chains are witnessed and it is not always clear what integration implies and how it is implemented. In this paper, it is empirically attempted to analyze the integrated supply chain management practices in a strategic perspective. Using the data gathered from Japanese manufacturers, a taxonomy of the SCM integration strategy is developed and the characteristics of each company group are investigated with a viewpoint of integrated supply chain management initiatives. Furthermore the relationships between the taxonomy and the manufacturing strategy process are also examined.

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Competitive Environment, Strategy, and Performance in the Supply Chain Network as Complex Adaptive System; Conceptualization for Adaptability and Mediating Role for Combinative Capability (복합적응시스템으로서 공급사슬네트워크의 환경, 전략, 그리고 성과에 관한 연구: 적응성의 개념화 및 조합적 경쟁역량의 매개적 역할을 중심으로)

  • Lee, Joung-Ho;Ryu, Choon-Ho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.67-89
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    • 2007
  • This study addresses manufacturers' ability to influence their supply chain network in order to adapt to their competitive environment. From the perspective of a manufacture, the supply chain comprises a network of suppliers and customers, and is theoretically viewed as a complex adaptive system. This study considers the following questions: (1) How can adaptability of supply chain network be operationally defined? (2) How does adaptability of supply chain network lead to combinative capabilities? (3) What is the influence of adaptability of supply chain network on business performance? Drawing on literature streams in supply chain management, operations strategy, organizational change and learning, and complexity theory, this study develops and tests the constructs and operational measures of adaptability of supply chain network and model the nomological set of relationships among constructs that form the basis of our theory. This study then develops and tests a model describing the outcomes of adaptability of supply chain network and its influence on combinative capability and business performance. Empirical results of this study show that adaptability supply chain network directly and positively affects combinative capability. Further, this study finds that adaptability of supply chain network does not impact business performance directly, but rather is mediated through combinative capability, which provides the requisite variety for firms to survive and thrive in dynamic environments.

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An exploratory study on the objectives of SC integration and classifying the type of SC integration (공급사슬 통합의 대상과 유형의 분류에 관한 탐색적 연구)

  • Gwak, Su-Il;Mun, Jong-Beom;Kim, Su-Uk
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.651-657
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    • 2005
  • This study figures out the objectives of supply chain integration and proposes a conceptual framework for classifying the type of supply chain integration in order to help developing supply chain integration strategy. We figure out the objectives of supply chain integration by structural integration and functional integration and then develop a conceptual framework for classifying the type of supply chain integration by combining the clusters of structural integration factors and functional integration factors. Using the framework, a firm would be able to figure out which type of supply chain it belongs to and develop appropriate supply chain integration strategy.

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Analyzing the Dysfunction of Fully Shared Stock Information in a Supply Chain with Competiting Retailers (경쟁적 소매상으로 구성된 공급사슬에서 정보공유의 역효과에 관한 연구)

  • Seo, Yong-Won
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.3
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    • pp.95-116
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    • 2012
  • The purpose of this paper is to show the effect of information sharing strategy on the supply chain performances. While traditional information sharing models assumed centralized stock information, recent supply chain practices often implement fully shared stock information, where real-time stock information is accessible on retailers. When retailers are competing with each other, this fully shared stock information may incur retailers' strategic order behaviors. Thus, this paper analyzes a simple two-level supply chain consisting of one warehouse and two identical competing retailers where the real time stock information is fully shared. The warehouse uses the traditional echelon stock policy. Under this environment the retailers' reorder decisions are derived using the order risk concept and the retailer competition mechanism is analyzed. Computational results show that the supply chain performace degradation in the fully shared stock information is quite significant, implying the importance of designing information sharing strategies in the supply chain design phase.

A Study on Pricing Decision Strategy of Small and Medium Size Manufacturing Company in Supply Chain Environment (공급 사슬 환경에서 중소 제조 기업의 가격 결정 전략에 관한 연구)

  • Hwang, Seung-June;Kim, Tai-Young;Keum, Byung-Chan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.2
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    • pp.68-75
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    • 2011
  • The purpose of this paper is to suggest a supplier and buyer's pricing decision strategy model with discount-policy over a long-term replenishment contract in a supply chain environment by small and medium size manufacturing company. We assume that the buyer has a superior economic power over a supplier and each agent in a supply chain is unaware of each other. The supplier proposes pricing decision strategy to induce the buyer to choose the terms of contract for the benefit of the supplier. Then buyer decides the terms of contract to maximize her profit considering supplier's discount-policy. We also present a numerical example to illustrate the efficiency of pricing decision strategy.

A Study on Determination of Factory Production Capacity in the Supply Chain Considering Uncertain Demand (불확실한 수요를 고려한 공급사슬의 공장생산용량 결정에 관한 연구)

  • 지요한;임석진;김경섭
    • Journal of the Korea Society for Simulation
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    • v.12 no.1
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    • pp.35-48
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    • 2003
  • This paper suggests the long-term strategy of the production distribution planning considering the capacity of factory production and the uncertain demand in a supply chain. This paper determines the near optimal capacity of factory production by using the advantages of mathematical and simulation models. Also, the relationship between the capacity from the suggested model and the strategy of production and distribution in a supply chain is studied. Arena is used for modeling and analysis.

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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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