• Title/Summary/Keyword: Efficiency of Supply Chain

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The Effect of Supply Chain Dynamic Capability on Competitiveness and Business Efficiency of Vietnamese Wood Enterprises

  • NGUYEN, Binh Thi;MAI, Anh Thi Van
    • Journal of Distribution Science
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    • v.20 no.2
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    • pp.31-41
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    • 2022
  • Purpose: Developing and nurturing supply chain dynamic capability is one of the leading solutions to create competitive advantages, maintain growth and sustainable development for businesses. The study was conducted to experimentally confirm the impact of supply chain dynamic capability on competitiveness and business efficiency for Vietnamese wood enterprises. Research design, data and methodology: The study surveyed 236 managers of Vietnamese wood manufacturing and distribution enterprises. The authors applied the structural equation modeling (SEM) to analyze the relationship between the dynamic capability of the supply chain and the competitiveness, business efficiency of enterprises to achieve those goals. Results: The results show that businesses owning supply chain dynamic capability will have better competitiveness and business efficiency. Especially, in the context of Vietnamese wood sector, the larger the scale of business, the more profound the impact of supply chain dynamic capability on competitiveness and business efficiency. Conclusions: Focusing on developing supply chain dynamics would be a promising solution to improve the competitiveness of Vietnam's wood enterprises in the global market.

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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Evaluation Criteria for Efficient Coordination in Supply Chain (공급사슬의 효율 향상을 위한 평가기준에 관한 연구)

  • Kim Woo Hyun;Ahn Sun Eung
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.177-187
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    • 2002
  • In this paper, we consider a multi-factor, multi-cause decision making problem of supply chain. And we show how to measure the operational efficiency of the components in supply chain and also how to improve the efficiency of each component and whole supply chain. As a methodology, the data envelopment analysis (DEA) is adopted to measure the efficiency by considering weight factors such as flexibility, information sharing, logistics level, etc. The proposed algorithm allows whole supply chain to have the improved efficiency rate.

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Distribution of supply chain capabilities and firm's sustainable development

  • TO, Tha Hien;THAN, Thuy Trong;NGUYEN, Duyen Thi Kim;NGUYEN, Dat Ngoc
    • Journal of Distribution Science
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    • v.19 no.5
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    • pp.5-12
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    • 2021
  • Purpose: Research on supply chain sustainability is important for exporters When the factor of sustainable development is considered by the businesses as well as governments of all countries. Research on supply chain sustainability is important for exporters. Sustainable supply chain management and supply chain dynamics will help enterprises adapt to changes in the business environment. This study analyzes the impact of sustainable supply chain management, and supply chain dynamic capabilities on the sustainable development of exporting enterprises in Vietnam. Research design, data, and methodology: The research model and survey are designed based on previous studies after surveying export enterprises. With 185 samples collected from export enterprises. The Structural Equation Modeling (SEM) analysis technique is used. Data analysis is performed on SPSS and AMOS software (Reliability test, Confirmatory Factor Analysis, SEM). Results: Sustainable supply chain management and supply chain dynamic capabilities all have positive effects on the sustainable development of businesses (sustainable development is measured by distribution: measuring economic efficiency, social efficiency, and environmental performance). Conclusions: From the results of this study, the authors also made several recommendations to help export enterprises develop sustainability based on sustainable supply chain management and supply chain dynamic capabilities.

A study on the influence of supply chain management efficiency on the training supporting project in small and medium-sized enterprises (중소기업 인적자원개발 지원사업에 대한 공급망경영 유효성에 관한 연구)

  • Seo, Yohan;Kim, Kwang Yong;Sung, Jong Su
    • Journal of Korean Society for Quality Management
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    • v.42 no.3
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    • pp.407-424
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    • 2014
  • Purpose: The purpose of this study was to propose supply chain management efficiency by analyzing moderating effect on the training support project in small and midium-sized enterprise. Methods: The collected data through the survey were analyzed using multi?regression analysis. The measurement tools used for this study were divided into three dimensions such as personal characteristics, supportive environment and training effect. Results: The results of this study are as follows; first, it was found that the effects of personal characteristics and supportive environment were significant on training effect. Second, significant differences were found between supply chain management active group and inactive group. Third, moderating effect of supply chain manage efficiency was found between variables. Conclusion: SME supporting project in training program needs supply chain management efficiency for training effect. Supply chain management needs to be promoted in SMEs not only for performance but also for their workplace learning and learning culture.

A Study on the Valuation of a Supply Chain Considering Management Efficiency and Environmental Effect (운영 효율성과 환경 영향을 고려한 공급사슬 평가에 관한 연구)

  • Kim, Ji-Yeon;Kim, Hae-Joong;Shin, Ki-Tae;Park, Jin-Woo
    • Journal of the Korea Society for Simulation
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    • v.16 no.3
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    • pp.29-38
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    • 2007
  • Recently, the deepening of the environment and accompanying concerns produce various environmental regulations. For example, EPR(Extended Producer Responsibility) is emphasized in many countries such as USA and Europe. According to this, the construction of a reverse supply chain is under compulsion. A diversity of parts can be controlled by a government or enterprises in the construction and management of a reverse supply chain and the effect to the environment is changed according to the policy. Therefore, it is essential to understand the effects of regulations or policies of a government and enterprises on a supply chain. The object of this research is to develop a means to assess the management efficiency and the environmental effect over a whole supply chain and show the effects of various reverse supply chain construction policies on a supply chain. This model can be utilized to establish appropriate policies by understanding the change in the management efficiency and the environmental effect according to the reverse supply chain construction and management method.

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The Strategic Performance Measurement of Sea Port: Supply Chain Management Perspectives (공급사슬관리 관점에서의 전략적 항만성과측정)

  • Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.38
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    • pp.229-262
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    • 2008
  • With the introduction of supply chain management concept, the nature of a firm is fundamentally changed. Control is no longer based on direct control of the business processes, but rather based on integration across member organizations in the supply chain. Firms are trying to achieve a competitive edge by managing their supply chain performance to gain advantages in cost and service differentiation. The supply chain elements of a sea port involves ILSP (Inbound Logistics Service Provider) at the input side and OLSP (Outbound Logistics Service Provider) at the output side. The goal of sea port is to satisfy the needs of different parties, both upstream and downstream, in the chain with greater effectiveness and efficiency than it's competitors. In this context, the purpose of this paper is to derive conceptualization of the SCP (Supply Chain Performance) in the sea port from literature review on the previous researches and to tackle their theoretical and practical implications. The paper deals with conceptualizing SCP in sea port using the SCOR (Supply Chain Operation Reference) model. It incorporates both the effectiveness and efficiency aspects of performance measurement. And it also recognizes customer related reasons for measuring performance.

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A Study on the Business Process Model for sustainable Supply Chain (지속가능한 공급사슬(Supply Chain)을 위한 비즈니스 프로세스 모델 연구)

  • Ahn, Kyeong Rim;Lee, Ju Yeon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.10 no.1
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    • pp.181-193
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    • 2014
  • The environment of supply chains is rapidly changed to global and eco-freindly work process. However, at current environment, it is not easy to grasp work flow and to analyze energy efficiency. Improving energy efficiency and visibility for goods flow can contribute to increases in customer attitudes and reductions in overall production costs Additionally, it can lead to increases in work efficiency and reductions in overall production costs. Until recently, efforts to improve energy performance focused on manufacturing industry. Those efforts have expanded to the supply chain. In this paper, we perform business process modeling about supply chain for visibility and sustainability - information and component flows - from assembly plants to logistics. This paper defines the work and information flows by modeling the underlying logical structures of the supply chain and the business processes that determine impact of visibility and sustainability. We model processes using the modeling methodology specified by UN/CEFACT. This methodology explains business process functionality and business transactions by UML diagram. The output of this paper would be useful in grasping work flow and capturing the used energy.

Analysis of Textile Supply Chain Network with ODM-OEM Hybrid Production System in FTA Environment (FTA 환경에서 ODM-OEM Hybrid 형태의 섬유류생산시스템의 공급망 분석)

  • Byun, Taesang;Oh, Jisoo;Jeong, Bongju
    • Korean Management Science Review
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    • v.30 no.1
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    • pp.25-41
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    • 2013
  • This paper presents a supply chain framework with the ODM (Original Design Manufacturing)-OEM (Original Equipment Manufacturing) hybrid production of textile industry in FTA (Free Trade Agreements) environments between Korea and other countries. The proposed supply chain framework with ODM-OEM hybrid production is a unique supply chain that has both domestic production with non-tariff advantages in FTA environment and oversea production with low labor costs. To investigate the validity of the proposed supply chain, we first construct its strategic profit model and supply chain planning and then show that each member of supply chain network-yarn manufacturer, fabric manufacturer, and apparel manufacturer-can maximize their own profits without conflicts among the members. The efficiency of the ODM-OEM hybrid production system is analytically verified in comparison with the general OEM and ODM production model using profit models. Comprehensive numerical examples are provided to illustrate the advantages of the proposed system.

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.