• Title/Summary/Keyword: supply chain system

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A Case Study of Profit Optimization System Integration with Enhanced Security (관리보안이 강화된 수익성 최적화 시스템구축 사례연구)

  • Kim, Hyoung-Tae;Yoon, Ki-Chang;Yu, Seung-Hun
    • Journal of Distribution Science
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    • v.13 no.11
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    • pp.123-130
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    • 2015
  • Purpose - Due to highly elevated levels of competition, many companies today have to face the problem of decreasing profits even when their actual sales volume is increasing. This is a common phenomenon that is seen occurring among companies that focus heavily on quantitative growth rather than qualitative growth. These two aspects of growth should be well balanced for a company to create a sustainable business model. For supply chain management (SCM) planners, the optimized, quantified flow of resources used to be of major interest for decades. However, this trend is rapidly changing so that managers can put the appropriate balance between sales volume and sales quality, which can be evaluated from the profit margin. Profit optimization is a methodology for companies to use to achieve solutions focused more on profitability than sales volume. In this study, we attempt to provide executional insight for companies considering implementation of the profit optimization system to enhance their business profitability. Research design, data, and methodology - In this study, we present a comprehensive explanation of the subject of profit optimization, including the fundamental concepts, the most common profit optimization logic algorithm -linear programming -the business functional scope of the profit optimization system, major key success factors for implementing the profit optimization system at a business organization, and weekly level detailed business processes to actively manage effective system performance in achieving the goals of the system. Additionally, for the purpose of providing more realistic and practical information, we carefully investigate a profit optimization system implementation case study project fulfilled for company S. The project duration was about eight months, with four full-time system development consultants deployed for the period. To guarantee the project's success, the organization adopted a proven system implementation methodology, supply chain management (SCM) six-sigma. SCM six-sigma was originally developed by a group of talented consultants within Samsung SDS through focused efforts and investment in synthesizing SCM and six-sigma to improve and innovate their SCM operations across the entire Samsung Organization. Results - Profit optimization can enable a company to create sales and production plans focused on more profitable products and customers, resulting in sustainable growth. In this study, we explain the concept of profit optimization and prerequisites for successful implementation of the system. Furthermore, the efficient way of system security administration, one of the hottest topics today, is also addressed. Conclusion - This case study can benefit numerous companies that are eagerly searching for ways to break-through current profitability levels. We cannot guarantee that the decision to deploy the profit optimization system will bring success, but we can guarantee that with the help of our study, companies trying to implement profit optimization systems can minimize various possible risks across various system implementation phases. The actual system implementation case of the profit optimization project at company S introduced here can provide valuable lessons for both business organizations and research communities.

A Study on the Establishment of the Logistics Information System for Third Party Logistics (제3자 물류업체를 위한 물류 정보시스템 구축방안에 관한 연구)

  • Lee, Choong-Bae;Park, Jung-Min
    • International Commerce and Information Review
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    • v.5 no.2
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    • pp.135-156
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    • 2003
  • With the increasing recognition of logistics as a source of potential competitive advantage by companies, there has been a rapid growth in the logistics service industry. In particular increased globalization by multinational corporations has prompted consideration of outsourcing logistics service to third party logistics firms. This paper aims to seek the way to establish logistics information system by the case study of company 'D'. The G-Project, aiming to establish global supply chain including information network was required to form integrated logistics information system between manufacturer and logistics provider. The results should have considerable value to both global manufacturers and logistics providers.

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A Study on the Precool Characteristics of Agricultural Products Using the Water-driven Ejector (수구동 액체이젝터를 이용한 농산물의 예냉특성에 관한 연구)

  • 박영승;이정혜;김호영;김경근
    • Proceedings of the Korean Society of Marine Engineers Conference
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    • 2001.11a
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    • pp.45-49
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    • 2001
  • To maintain the freshness of produce, because of stand away between produced and consumer, we need refrigeration system that can supply to consumer at cold chain as soon as gathering. General refrigeration system consist of refrigeration chamber or low temperature store. But the vacuum technology can rapidly refrigeration without refrigerator. This precool system possible to get low precooled temperature, suitable for the fishes, the meat, the vegetables, the fruit etc. Especially get advantage that quality maintain through rapid refrigeration of ferment directly generate heat. Vacuum precool system's principle is that water saturated temperature reduce according to pressure is get to vacuum area, so product temperature reduce as water evaporation at product. In vacuum suction, unit, on early experiment period run the rotary type vacuum pump at purpose pressure, then maintain pressure by water-diven ejector. As the results, cabbage took about 60 minutes to reach from $23.2^{\circ}C$ to $4.5^{\circ}C$at 5mgHg abs.

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A Study on Location Based Service System of Commercial Vehicle with RFID & Mobile Technology (RFID와 모바일 기술을 활용한 화물차량의 위치기반 서비스 시스템에 관한 연구)

  • Cho, Yong-Chul;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.9 no.1
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    • pp.85-93
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    • 2007
  • Recently, RFID technology is being widely embraced in the supply chain, by manufacturers, retailers, and logistics firms. This study shows the RFID system to provide location based service for commercial vehicle by integrating tracking function of GPS with Mobile service. For this, we configured PC-based terminal for vehicle and developed application consisted of RFID and GPS manager program. In web service module which uses mobile service, commodity information acquired from each vehicle at real-time is added at database and it is analyzed in various aspects to support management decision through the Legacy system.

Design of a Multi-Agent System Architecture for Implementing CPFR (CPFR 구현을 위한 다중 에이전트 시스템 구조설계)

  • Kim, Chang-Ouk;Kim, Sun-II;Yoon, Jung-Wook;Park, Yun-Sun
    • Journal of Korean Institute of Industrial Engineers
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    • v.30 no.1
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    • pp.1-10
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    • 2004
  • Advance in Internet technology has changed traditional production planning and control methods. In particular, collaborations between participants in supply chains are being increasingly addressed in industry for enhancing chain-wide productivity. A representative paradigm that emphasizes collaboration in production planning and control is CPFR(Collaborative Planning, Forecasting and Replenishment). In this paper, we present a multi-agent system architecture that supports the collaborations specified in CPFR. The multi-agent system architecture consists of event manager, data view agent, business rule agent, and collaboration agent. The collaboration agent systematically controls negotiation between supplier and buyer with the aid of collaboration protocol and blackboard. The multi-agent system has been implemented with EJB(Enterprise Java Beans).

The Analysis of Priority on Improvement of IT Systems for B2B Collaboration of Small and Medium-Sized Enterprise Using the Performance Model (Performance Model을 이용한 중소기업의 대기업과의 협업을 위한 IT시스템 개선의 우선순위 도출)

  • Hong, Jung-Wan;Jeon, Dong-Uk;Lee, Hyo-Sook
    • IE interfaces
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    • v.25 no.1
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    • pp.64-70
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    • 2012
  • In modern society, the importance of inter-enterprise collaboration on supply chain is more emphasizing, depending on the industrial structure is going advanced. Therefore, the studies for advancement of inter-enterprise collaboration are taking, and especially the studies about how IT systems affect those advancement are taking. However, there are a shortage of recognition to each IT systems on B2B collaboration, additionally there is not much study of its application. In this study, we analyze the Performance Model relationship between the level and the importance of IT system for B2B collaboration in small and medium-sized enterprise, and draw a priority order for improvement of IT systems for its effective practical use.

Estimation of Economical Efficiency in Multi-Echelon Inventory System through Coordination of Inventory Replenishment Period (재고보충주기의 조정을 통한 다단계 재고시스템의 경제성 평가)

  • Kim, Myeong-Hun;Kim, Byeong-Gon
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2007.05a
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    • pp.198-208
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    • 2007
  • Recently business enterprises have forced to face in fierce competition in today's global markets due to the short life cycles of products and the higher expectation of customers. Together with continuing advances in communications and transportation technologies, these environments have motivated the continuous evolution of the supply chain and the management techniques. This paper consider three-echelon inventory system which consist of one manufacturer, one distributor and N retailers for a single product under assumption of constant demand. This paper propose the inventory replenishment period using heuristic method and order policy through coordination of inventory replenishment period. The simulation results show that decrease the total cost of the three-echelon inventory system.

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The Case Study of the Inventory Management System in P company (P기업의 재고관리시스템 구축사례)

  • 안봉근;김중순;손달호
    • Korean Management Science Review
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    • v.20 no.1
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    • pp.77-88
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    • 2003
  • Supply-Chain Management (SCM) was the integration of the activities that procure materials, transform them into intermediate goods and final products, and deliver them to customers. These activities include the traditional purchasing function, plus other activities that were important to the relationship with suppliers and distributors. P company was the first vendor in motor industry of Korea and had a flexible relationship with motor industry through SCM. However, p company had independent information with motor Industry and it caused many troubles In the operation of the P company. Considering these facts, authors had developed the inventory control system which was the part of order-fulfillment process and could make a progress in the operation of the inventory. The core factor of the developed inventory control system was the combination of the theoretical factors and the empirical factors. That is, the factors which were excluded in existing inventory theory revealed to be important.

Formal Modeling and Verification of an Information Retrieval System using SMV

  • Kim, Jong-Hwan;Park, Hea-Sook;Baik, Doo-Kwon
    • Proceedings of the Korea Society for Simulation Conference
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    • 2001.10a
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    • pp.141-146
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    • 2001
  • An Information Retrieval System offers the integrated view of SCM(Supply Chain Management) information to the enterprise by making it possible to exchange data between regionally distributed heterogeneous computers and also to enable these computers to access various types of databases. The Information Retrieval System is modeled using Data Registry Model based on X3.285. We only verify the MetaData Registry Manager(MDR Manager) among the core parts using SMV(Symbolic Model Verifier) in order to verify whether our model satisfies the requirements under the given assumptions.

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A Development of 3D Simulator Program for Performance Valuation of Port Transportation Systems

  • Park, Sung-Chul;Suh, Jin-Ho;Lee, Young-Jin;Lee, Kwon-Soon
    • 제어로봇시스템학회:학술대회논문집
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    • 2005.06a
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    • pp.393-396
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    • 2005
  • Due to the fast growing rate of the global container trade, every major port is under the pressure of meeting the projected capacity demand. As a result, alternative solutions have been sought for improving capacity and meeting the growing demand for container storage area and terminal capacity. Moreover, material handling process re-engineering is now a critical issue for logistics and supply chain managers of airline, shipping lines, terminal and warehousing enterprises around the world. Therefore, the purpose of this paper is to develop the 3D simulator for executing performance valuation of port transportation systems. The developed 3D simulator system is to measure the effectiveness of the proposed total system and compare it with existing practices. The performance analysis variables are also defined for these comparisons

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