• Title/Summary/Keyword: supply of products

Search Result 975, Processing Time 0.026 seconds

MANUFACTURER′S PROCUREMENT DECISION ANALYSIS IN A SUPPLY CHAIN WITH MULTIPLE SUPPLIERS

  • Kim, Bowon;Park, Kwang Tae;Lee, Seungchul
    • Management Science and Financial Engineering
    • /
    • v.6 no.2
    • /
    • pp.1-28
    • /
    • 2000
  • Supply chain management issues faced by a manufacturing company are considered in this paper. The supply chain consists of a manufacturing company and its suppliers. The manufacturer produces multiple products with inputs (e.g., raw materials) from the suppliers, but each product needs a different mix of these inputs. The market demand for the products is uncertain. We develop a mathematical model and algorithm, which can help the manufacturer to solve its procurement decision problem: how much of raw material to order from which supplier. The model incorporates such factors as market demand uncertainty, product's input requirement, supplier's as well as manufacturer's capacity, plus other costs comparable with those in a typical newsboy problem. Numerical examples are presented to see the interacting effects among critical parameters and variables.

  • PDF

Case studies : Security issues of IT products in terms of supply chain (사례 위주로 본 공급자망을 중심으로 한 IT제품 보안 위험)

  • Choi, Woongchul
    • Journal of Korea Society of Digital Industry and Information Management
    • /
    • v.12 no.4
    • /
    • pp.89-96
    • /
    • 2016
  • Before an IT product is used, there is a sequence of the process such as the components supply-demand of the product, their assembly and production, their logistics and delivery, and then finally, the product can be used by a user. During this sequence of the process, there can be many security exposures and risks. In this paper, we show, by examining security cases of various IT products, that there are many security exposures in the process of IT products from their production to their delivery to end users and in their use, and also show how critical the security exposures are. Even though there are various security theories, technologies and security controls, there is still weak link from the production of an IT product to its use, and this weak link can lead to security vulnerabilities and risks. This paper tries to call attention to the importance of the execution of the security control and the control components. We examine the practical cases to find out how the security control is paralyzed, and to show how it is compromised by asymmetric security resources. Lastly, from the cases, we examine and review the possible domestic security issues and their countermeasures.

The standardization directions on integrated distribution information management system of agricultural products (농산물 통합유통정보관리시스템 표준화 추진 방향)

  • Min, J.H.;Huh, M.Y.;Park, J.Y.
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
    • /
    • 2016.05a
    • /
    • pp.617-620
    • /
    • 2016
  • It is necessary to propose the plans for achieving a stable supply and enhanced distribution efficiency based on the cooperative integration system in the aspects of product logistics information cash flow among the entities of the entire supply chain in order to overcomes the limitations of separate and independent distribution and logistics management system and solve the instability problems of supply & price in Domestic agricultural products distribution sector. Therefore, this paper looks over the problems of information management system in agricultural distribution process and proposes the reference standard model and the standardization plans for information structure on the agricultural products integrated distribution information system.

  • PDF

The Supply Shortage Effects of Oil Refinery Industry in Korea (국내 정유산업의 공급지장효과 분석)

  • Cho, Yong-Cheol;Lee, Yong-Hwan;Yoo, Seung-Hoon
    • Journal of Energy Engineering
    • /
    • v.24 no.3
    • /
    • pp.164-172
    • /
    • 2015
  • As the petroleum products produced from the Oil refinery industry (ORI), a national key industry in Korea, are supplied to other industries as an intermediate goods, the supply shortage of ORI has a large impact on the national economy. This paper attempts to analyze the supply shortage effects which are defined as the negative impact of one won of supply failure in the ORI on the production of other industries. To this end, an inter-industry analysis using an input-output (I-O) table describing inter-industry flow of intermediate goods is applied. More concretely, the supply-driven model is employed over the period 1990-2012. In addition, the results are compared with those for shipbuilding, semiconductor, and steel industries. The results show that the supply shortage effects are computed to be 0.9205 won when using 2012 I-O table. More specifically, the supply shortage effects on chemical products and transportation industries are computed to be 0.2113 and 0.1140, which are relatively large, The supply shortage effect of ORI is smaller than that of steel industry (1.4131 won), but larger than that of shipbuilding industry (0.0586 won) and that of semiconductor industry (0.1111 won).

Definition, Consumer Awareness, and Utilization of By-products from Food Supply Chain (업사이클드 푸드: 정의, 소비자 인식 및 식품공급망에서 발생하는 부산물의 활용)

  • Jung-In Kim;Seung-hyeon Jeong;Min-jae Kim;Yea-won Oh;Do-Kyun Kim;Sung Nim Han
    • Journal of the Korean Society of Food Culture
    • /
    • v.38 no.4
    • /
    • pp.191-202
    • /
    • 2023
  • Food upcycling has emerged as an effective approach to sustainably utilize the food waste generated within the food supply chain. This review article examines upcycled food with respect to its definition, consumers' knowledge and perception on it, and the process by which by-products from the food supply chain are utilized for the creation of upcycled food products. The definition of upcycled food varied among manufacturers, research institutions, and the Upcycled Food Association, depending on the specific values and objectives of each sector. This has resulted in the use of different keywords to highlight the distinctive characteristics of their respective interpretations of upcycled food. This review also summarizes the various consumer traits that can influence the awareness and acceptance of upcycled food, encompassing functional, empirical and emotional, symbolic and self-expressive, and economic benefits. Additionally, the review presents strategies to utilize by-products produced in large quantities in Korea, while also addressing the control of hazardous components to ensure biological or chemical safety and the changes in nutritional value that may occur during the utilization of these byproducts.

Software Supply Chain Management and SBOM Trends (SW공급망 관리 및 SBOM 동향)

  • W.O. Ryoo;S.M. Park;S.Y. Lee
    • Electronics and Telecommunications Trends
    • /
    • v.38 no.4
    • /
    • pp.81-94
    • /
    • 2023
  • The increased adoption of open source security management in supply chains is gaining worldwide attention. In particular, as security and threatening situations, such as solar winds, Kaseya ransomware, and Log4j vulnerability, are becoming more common in supply chains using software (SW)-defined networks, SW bills of materials (SBOMs) for SW products should be prepared to protect major countries like the United States. An SBOM provides SW component information and is expected to become required for SW supply chain management. We focus on SW supply chain management policies and SBOM trends in major countries and private organizations worldwide for safe SW use and determine the current status of Korea and ETRI's open source SW supply chain management trends.

A Genetic Algorithm Approach for Logistics Network Integrating Forward and Reverse Flows (역물류를 고려한 통합 물류망 구축을 위한 유전 알고리듬 해법)

  • Ko, Hyun-Jeung;Ko, Chang-Seong;Chung, Ki-Ho
    • IE interfaces
    • /
    • v.17 no.spc
    • /
    • pp.141-151
    • /
    • 2004
  • As today's business environment has become more and more competitive, forward as well as backward flows of products among members belonging to a supply chain have been increased. The backward flows of products, which are common in most industries, result from increasing amount of products that are returned, recalled, or need to be repaired. Effective management for the backward flows of products has become an important issue for businesses because of opportunities for simultaneously enhancing profitability and customer satisfaction from returned products. Since third party logistics service providers (3PLs) are playing an important role in reverse logistics operations, they should perform two simultaneous logistics operations for a number of different clients who want to improve their logistics operations for both forward and reverse flows. In this case, distribution networks have been independently designed with respect to either forward or backward flows so far. This paper proposes a mixed integer programming model for the design of network integrating both forward and reverse logistics. Since the network design problem belongs to a class of NP-hard problems, we present an efficient heuristic algorithm based on genetic algorithm (GA), of which the performance is compared to the lower bound by Lagrangian relaxation. Finally, the validity of proposed algorithm is tested using numerical examples.

Model and Algorithm for Logistics Network Integrating Forward and Reverse Flows (역물류를 고려한 통합 물류망 구축에 대한 모델 및 해법에 관한 연구)

  • Ko Hyun Jeung;Ko Chang Seong;Chung Ki Ho
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2004.10a
    • /
    • pp.375-388
    • /
    • 2004
  • As today's business environment has become more and more competitive, forward as well as backward flows of products among members belonging to a supply chain have been increased. The backward flows of products, which are common in most industries, result from increasing amount of products that are returned, recalled, or need to be repaired. Effective management for these backward flows of products has become an important issue for businesses because of opportunities for simultaneously enhancing profitability and customer satisfaction from returned products. Since third party logistics service providers (3PLs) are playing an important role in reverse logistics operations, the 3PLs should perform two simultaneous logistics operations for a number of different clients who want to improve their logistics operations for both forward and reverse flows. In this case, distribution networks have been independently designed with respect to either forward or backward flows so far. This paper proposes a mixed integer programming model for the design of network integrating both forward and reverse logistics. Since this network design problem belongs to a class of NP-hard problems, we present an efficient heuristic based on Lagrangean relaxation and apply it to numerical examples to test the validity of proposed heuristic.

  • PDF

Prediction of Agricultural Prices Using LSTM (LSTM 모델을 이용한 농산물 가격 예측에 관한 연구)

  • Yoo, Dong-wan;Park, Jong-beom
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
    • /
    • 2022.05a
    • /
    • pp.710-712
    • /
    • 2022
  • Agricultural products take a large part of the wholesale and retail market as a necessity for daily consumption, and the consumption and price of agricultural products affect the supply and demand of agricultural products, consumer spending, and agricultural household income. Therefore, in this study, It was conducted on unit price prediction using LSTM to trade agricultural products, weather observation, import and export performance and fresh food index data. In order to study the supply and demand management of agricultural products and appropriate prices in the wholesale and retail market, unit prices are predicted for garlic, cabbage, and onions with high consumer price index weights among items subject to vegetable price stabilizers.

  • PDF