• Title/Summary/Keyword: supply chain system

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An Inventory Rationing Method in a M-Store Regional Supply Chain Operating under the Order-up-to Level System

  • Monthatipkul, Chumpol
    • Industrial Engineering and Management Systems
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    • v.8 no.2
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    • pp.80-92
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    • 2009
  • This paper addresses the inventory rationing issue embedded in the regional supply chain inventory replenishment problem (RSIRP). The concerned supply chain, which was fed by the national supply chain, consisted of a single warehouse distributing a single product to multiple stores (M-stores) with independent and normally distributed customer demand. It was assumed that the supply chain operated under the order-up-to level inventory replenishment system and had only one truck at the regional warehouse. The truck could make one replenishment trip to one store per period (a round trip per period). Based on current inventories and the vehicle constraint, the warehouse must make two decisions in each period: which store in the region to replenish and what was the replenishment quantity? The objective was to position inventories so as to minimize lost sales in the region. The warehouse inventory was replenished in every fixed-interval from a source outside the region, but the store inventory could be replenished daily. The truck destination (store) in each period was selected based on its maximum expected shortage. The replenishment quantity was then determined based on the predetermined order-up-to level system. In case of insufficient warehouse inventories to fulfill all projected store demands, an inventory rationing rule must be applied. In this paper, a new inventory rationing rule named Expected Cost Minimization (ECM) was proposed based on the practical purpose. The numerical results based on real data from a selective industry show that its performance was better and more robust than the current practice and other sharing rules in the existing literature.

Evaluating Green Supply Chain Management with Incomplete Information

  • Tseng, Ming-Lang;Lin, Ru-Jen;Chiu, Anthony Shun Fung
    • Industrial Engineering and Management Systems
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    • v.11 no.2
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    • pp.165-169
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    • 2012
  • There has been a growing interest in firms' environmental sustainability activities to improve environmental practices in their supply chain. This study aims to deal with supplier evaluation of firm's green supply chain management (GSCM) criteria with incomplete information. Nevertheless, the suitable supplier is a key strategic direction in eliminating environmental impact on supply chain management for manufacturing firms. The firm's GSCM criteria and supplier selection need to be unified as a system to improve the firm's performance.

Study on the Execution of Green Logistics and Supply Chain Integration for by 3PL for Manufacturing Companies (3PL을 활용한 제조기업 공급사슬통합 및 녹색물류 실행을 위한 실증적 연구)

  • Lim, Janghyuk;Han, Young-Geun
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.233-243
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    • 2013
  • As companies were concerned with developing green logistics and environment, most logistics concerned functions like packaging, loading, storage, transportation and IT studies are active in study. Even if active in research studies, companies still recognized that logistics cost increases as green concepts are applied. For the efficient execution of green logistics management, it is absolutely necessary but difficult to build an optimal logistics system where each function is smoothly interacted through the proper integration and the link of various logistics functions and partners. This study aims to development of green logistics through integration of supply chain functions and partners. With this aim of study, case studies with analysis of embodiment, planning and operations for supply chain of companies are carried out.

Measurement and management of flexibility for the supply chain system (공급사슬시스템을 위한 유연성의 측정과 관리)

  • Jung, Jung-Woo;Lee, Young-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.643-650
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    • 2005
  • The object of this study is the development of a measuring framework for supply chain flexibility. Prior to treat supply chain flexibility, time flexibility, quantity flexibility, and cash-flow flexibility for each company are newly suggested. Especially, all developed measures can deal with the monetary point of view through various cost functions. Then weights of time flexibility, quantity flexibility, cash-flow flexibility are determined to find the effect of the level of flexibility in the supply chain. This is based on the relationship between the ratio of profit to revenue and value of three developed flexibility measures. To find the level of weight for each flexibility measure, neural network theory is used. Then the forecasting of the ratio of profit to revenue for all companies in the next period can be available. Therefore, all companies in the supply chain can control their operating processes to improve flexibility.

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Designing a Coordinated Setup Cost Reduction Program of a Supply Chain

  • Lee, Chang-Hwan;Pae, Jae-H.
    • Management Science and Financial Engineering
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    • v.13 no.2
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    • pp.117-139
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    • 2007
  • This paper contributes by incorporating works addressing supply chain coordination and investing in setup reduction program. Consider a two-echelon, EOQ-like inventory system consisting of a supplier and a buyer. We assume that both the supplier and the buyer can invest in setup cost reduction programs in order to benefit from small order sizes. However, the costs of investing in setup cost reduction programs are different for the two parties, leading to mismatches in individually optimal setup costs and order cycle times. We propose a supply chain coordination contract that makes use of quantity discount as an incentive transfer scheme for supply chain coordination.

A study on the rules and policy of the maritime and aviation supply chain security (해상 및 항공물류보안의 법규 및 정책에 관한 연구)

  • Choi, Byoung-Kwon
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.42
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    • pp.247-274
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    • 2009
  • The supply chain security programs are designed to prevent terrorist attacks on world transit system, and to help protect the passengers and workers who use these systems on a daily basis. as evidenced by the train bombings in London and Madrid in recent years, the threats to America's transit systems are real. After 9 11 terrors in 2001, security problem is appearing to every nations and international organizations main pending issue than any problem and various countermeasure is prepared. Security is the major issue in international trade, with significant potential costs and economic impact. So, We need to ensure that supply chain security does not become a new non-tariffs barrier. The aim of this study is to examine the international maritime and aviation law on the supply chain security. Also I review the supply chain security in U.S. and other countries.

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A Six Sigma Application Methodology for Supply Chain Quality Improvement (공급망 품질향상을 위한 6시그마 적용방법)

  • Sung, Su-Gyeong;Kim, Joon-Seok;Byun, Jai-Hyun
    • Journal of Korean Society for Quality Management
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    • v.38 no.2
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    • pp.180-189
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    • 2010
  • For the success of total six sigma innovation, it is necessary to improve the suppliers' quality in the supply chain. This paper presents the deployment and support system of six sigma innovation for supply chain quality improvement, with the application to an aerospace production company. The process of project selection, project implementation, financial effect verification, benefit sharing is presented. This paper will benefit the companies which are going to enhance all the companies in the supply chain via six sigma activities.

Analysis of Relationship between Supply Chain Management and Food Production Strategies for Food Supplies in Hotel Restaurants (호텔 레스토랑의 식자재 조달 관련 공급 체인 관리와 푸드 생산 전략 간의 관계 분석)

  • Kang, Seok-Woo;Park, Ji-Yang
    • Culinary science and hospitality research
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    • v.13 no.4
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    • pp.107-118
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    • 2007
  • This research aimed to understand the relationship between comparative superiority elements of the supply chain activities for food supplies in the hotel industry. The samples are obtained from exclusive hotels located in the Seoul area. A statistic package program called SPSS was employed to conduct reliability analysis, factor analysis, t-test, correlation analysis, and multiple regression analysis. Results of a multiple regression analysis between supply chain management and food production strategies were as follows; company's characters and cooperative relations with suppliers had a significant impact on cost while quality was significantly affected by company's characters, information system, cooperative relations with suppliers, and supply chain activities. It was revealed that all factors had a significant impact on flexibility and delivery date.

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Analysis of Lead Time Distribution with Order Crossover (교차주문을 갖는 리드타임 분포의 분석)

  • Kim, Gitae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.4
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    • pp.220-226
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    • 2021
  • In supply chain, there are a variety of different uncertainties including demand, service time, lead time, and so forth. The uncertainty of demand has been commonly studied by researchers or practitioners in the field of supply chain. However, the uncertainty of upstream supply chain has also increased. A problem of uncertainty in the upstream supply chain is the fluctuation of the lead time. The stochastic lead time sometimes causes to happen so called the order crossover which is not the same sequences of the order placed and the order arrived. When the order crossover happens, ordinary inventory policies have difficult to find the optimal inventory solutions. In this research, we investigate the lead time distribution in case of the order crossover and explore the resolutions of the inventory solution with the order crossover.

Impact of Supply Chain Innovation and Risk Management Capabilities on Competitive Advantage at Steel Trading Companies in Vietnam

  • It Van NGUYEN
    • Journal of Distribution Science
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    • v.21 no.5
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    • pp.43-51
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    • 2023
  • Purpose: The current research investigates the beneficial impacts of supply chain innovation and risk management on the competitive advantage of organizations, based on the resource-based theory (RBT) framework. Research Design, Data, and Methodology: 14 survey items were included in the study's questionnaire, utilizing a random sampling technique to gather data from 239 leaders and managers employed by various steel trading firms in Vietnam. In order to validate the data and examine relationships, the collected data is analyzed using structural equation modeling, confirmatory factor analysis, and reliability analysis via SPSS 22.0 and AMOS 22.0 software. A fictitious system has been suggested. Results: According to the findings, the most positive influence on competitive advantage is supply chain innovation, followed by risk management capability, having the second greatest positive influence. Conclusions: Some conclusions are drawn based on the research's findings in order to assist managers in realizing the significance and necessity of giving attention to supply chain innovation and improving risk management capabilities, both of which are essential components for achieving the competitive advantage of an organization.