• Title/Summary/Keyword: Information Sharing Cost Model

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A Heuristic for Vendor-managed Inventory/Distribution Problems in the Retail Supply Chain (소매점 공급사슬에서 공급자주도 재고/분배 문제를 위한 발견적 해석)

  • Hong, Sung-Chul;Park, Yang-Byung
    • Korean Management Science Review
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    • v.25 no.1
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    • pp.107-121
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    • 2008
  • As to more efficiently manage the inventory in the retail supply chain and to meet the customer demand in a timely manner, vendor-managed inventory (VMI) has been widely accepted, which manages inventory in the retail supply chain via sharing information and collaborating with the retailers. Applying VMI generates vendor-managed inventory/distribution problem (VMIDP), which involves inventory management for both the vendor and the retailers, and the design of vehicle routes for delivery, to minimize the total operating cost in the supply chain. In this paper, we suggest a mixed integer programming (MIP) model to obtain the optimal solution for VMIDP in a two-echelon retail supply chain, and develop an efficient heuristic based on the operating principles of the MIP model. To evaluate the performance of the heuristic, its solution was compared with the one of the MIP model on a total of twenty seven test problems. As a result, the heuristic found optimal solutions on seven problems in a significantly reduced time, and generated a 4.3% error rate of total cost in average for all problems. The heuristic is applied to the case problem of the local famous franchise company together with GIS, showing that it is capable of providing a solution efficiently in a relatively short time even in the real world situation.

Urban facility construction planning system using location-time information

  • Shin, Jaehyeon;Lee, Sang-Joon;Kwak, Ho-Young
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.1
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    • pp.187-195
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    • 2019
  • In this paper, a shared model of systematic urban facility construction planning system is proposed. As the scope of construction on urban facilities has expanded, the construction process may occur simultaneously in the same location and short period of time by the different public agencies. This kind of construction duplications may cause the inefficiency of construction time and cost. In order to improve this, we studied the sharing method of the construction information which are produced by the different construction agencies. And also studied the method of find out the duplicate constructions occurring in the same place and short period of time. And Then we suggest a system that can rearrange the order of urban facility construction.

Application of Coordination Policies for Fuzzy Newsvendor Model

  • Ryu Kwang-Yeol;Choi Hon-Zong;Lee Seok-Woo;Jung Moo-Young;Cha Young-Pil
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.05a
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    • pp.187-192
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    • 2006
  • In the absence of a clear command and control structure, a key challenge in supply chain management is the coordination and alignment of the supply chain members who pursue divergent and often conflicting goals. The newsvendor model is typically used as a framework to quantify the cost of misalignment and to assess the impact of coordination initiatives. This paper considers a fuzzy approach for the newsvendor problem which includes a single manufacturer and a single retailer. We use several fuzzy parameters in the model such as the demand, the wholesale price, and the market sales price. We apply a coordination policy, referred to as buyback, to solve the fuzzy newsvendor problem. Based on the buyback policy, the optimal order quantity of the retailer can be computed, and the possible profits of the members in the supply chain can be calculated with minimum sharing of private information. Focusing on the fuzzy model with buyback policy for the newsvendor problem, we illustrate exemplary fuzzy models. We also illustrate an integration model, which extends a single-manufacturer-single-retailer model to the single-manufacturer-multiple-retailer setting. In the extended model, we consider three coordination policies including quantity discount, profit sharing, and buyback, as well as non-coordination case.

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An Exploratory Study on Conceptual Framework for Project-based Supply Chain Management : Focusing on Plant Engineering Firms (프로젝트형 SCM의 개념적 틀에 관한 탐색적 연구 : 플랜트 엔지니어링 기업을 중심으로)

  • Kim, Tae Ung
    • Journal of Digital Convergence
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    • v.16 no.12
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    • pp.123-135
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    • 2018
  • The objective of this paper is to investigate the issues related to the supply chain management in plant engineering industry, and propose the framework to improve the project efficiency. The preliminary case study shows that EPC's fragmented nature, lack of coordination and information sharing, and lack of proper risk and change management contribute to project delay and cost overrun. To examine the level of informatization and information sharing in supply chain, survey responses from the suppliers and subcontractors have been collected. The statistical results show that information sharing, early involvement in design process and awareness in SCM have influenced the level of collaboration, but supplier assessment and informatization have no impact on the collaboration. A conceptual model is proposed in order to facilitate the integration of design, procurement and construction functions. Implications from the study are also provided.

A Study of Service Loyalty for P2P Sites (P2P 사이트의 서비스 충성도에 관한 연구)

  • Kang, Min-Cheol;Kim, Yong
    • Asia pacific journal of information systems
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    • v.12 no.4
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    • pp.121-137
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    • 2002
  • Researches on P2P, the information sharing model from person to person, up to date have focused on the technical side and there have been lacking of the business side researches such as customer loyalty. Considering the problem, this study tries to examine empirically in what way the factors of service, market, and customer affect the service loyalty of P2P sites. Results of the study show that the three factors have statistically significant effects on the service loyalty in general. In particular, the results uncover that those factors have different impacts on the reuse intention and the recommendation intention, which are the two measures of service loyalty. For example, the cost of service use affects the reuse intention significantly whereas the same element does not affect the recommendation intention. Interestingly, some of the results are not coincide with the results of previous studies and do not meet general expectation. For example, users' tendency of pursuing variety has positive impacts on the service loyalty, especially, the intention of recommendation.

Determination of Number and Location of Central Warehouses by Heuristics (휴리스틱을 이용한 중앙창고의 수와 위치 결정)

  • Lee, Dong-Ju;Hwang, In-Keuk;Park, Dong-Jin
    • IE interfaces
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    • v.19 no.1
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    • pp.78-85
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    • 2006
  • A centralized inventory system provides a number of stores with cost reduction, information sharing. In this paper, transportation costs are included in the inventory model. To build centralized warehouses, two things should be considered: how many warehouses are required and where these are located. The objective of this paper is to develop efficient heuristics to determine the location and the number of central warehouses by minimizing total costs. Throughout some computational experiments, the results of the heuristics are compared with an optimal solution.

Maximizing Use of Common Parts in Complex System Design through Organizing 3D Design Process (3D 설계 프로세스 정립을 통한 복잡한 시스템 설계에서의 공용부품 사용 극대화)

  • Choi, Y.W.;Park, K.
    • Korean Journal of Computational Design and Engineering
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    • v.12 no.3
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    • pp.209-219
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    • 2007
  • Designing a complex system such as an LCD developing system becomes inefficient when many designers are involved and create their own parts even though they can be used repeatedly in other sections. Thus, this paper proposes a new design process that can maximize the number of common parts in complex system design by organizing the 3D design process. The proposed design process consists of 5 stages: analysis of design intention, definition of initial product structure, definition of skeleton model, sharing design intention with all assembles, control of correlation between components. The proposed design process can maximize common parts in design process, which results in shorter lead time, less production cost, and greater economic benefits.

Providing survivability for virtual networks against substrate network failure

  • Wang, Ying;Chen, Qingyun;Li, Wenjing;Qiu, Xuesong
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.9
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    • pp.4023-4043
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    • 2016
  • Network virtualization has been regarded as a core attribute of the Future Internet. In a network virtualization environment (NVE), multiple heterogeneous virtual networks can coexist on a shared substrate network. Thus, a substrate network failure may affect multiple virtual networks. In this case, it is increasingly critical to provide survivability for the virtual networks against the substrate network failures. Previous research focused on mechanisms that ensure the resilience of the virtual network. However, the resource efficiency is still important to make the mapping scheme practical. In this paper, we study the survivable virtual network embedding mechanisms against substrate link and node failure from the perspective of improving the resource efficiency. For substrate link survivability, we propose a load-balancing and re-configuration strategy to improve the acceptance ratio and bandwidth utilization ratio. For substrate node survivability, we develop a minimum cost heuristic based on a divided network model and a backup resource cost model, which can both satisfy the location constraints of virtual node and increase the sharing degree of the backup resources. Simulations are conducted to evaluate the performance of the solutions. The proposed load balancing and re-configuration strategy for substrate link survivability outperforms other approaches in terms of acceptance ratio and bandwidth utilization ratio. And the proposed minimum cost heuristic for substrate node survivability gets a good performance in term of acceptance ratio.

Visualization of 3D STEP Geometry Data on the Internet (인터넷에서 3차원 STEP 형상정보의 가시화)

  • Oh, Yuchon;Han, Soon-Hung
    • Journal of the Korea Computer Graphics Society
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    • v.2 no.2
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    • pp.69-74
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    • 1996
  • With the emergence of integrated global market and increased competition, many companies are interested in sharing the product model data. One of the solutions is to share the product model data over the computer network or the internet using a standard format. CAD/CAM, STEP, and internet technologies make it possible to share the product model data. This paper presents methods to visualize 3D STEP geometry data on the internet. To create an internet-based STEP model visualizer, the programming language Java and 3D scene description language VRML have been experimented. The STEP geometry data can be displayed either by Java applets of by a VRML browser. These visualization technologies are applied to a PDM development. Engineers who have a low cost web browser can share the expensive design information even at a remote site.

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Optimal Supply Chain formation using Agent Negotiation in SET Model based Make-To-Order (최적 공급사슬 구성을 위한 에이전트 협상방법론 개발)

  • Kim Hyun-Soo;Cho Jae-Hyung;Choi Hyung-Rim;Hong Soon-Goo
    • Journal of Intelligence and Information Systems
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    • v.12 no.2
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    • pp.99-123
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    • 2006
  • In an effect to composite an optimal supply chain, this study has introduced an agent-based negotiation as a method to assign a lot of orders to a large number of participants. As a resources allocation mechanism to form a strategic cooperation based on information sharing between supply chain members(buyers, manufacturers, suppliers), this agent negotiation provides coordination functions allowing all participants to make a profit and accomplishing Pareto optimum solution from the viewpoint of a whole supply chain. A SET model-based scheduling takes into consideration both earliness production cost and tardiness production cost, along with a competitive relationship between multiple participants. This study has tried to prove that the result of an agent-based negotiation is a Pareto optimal solution under the dynamic supply chain environment, establishing the mathematical formulation for a performance test, and making a comparison with the heuristic Branch & Bound method.

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