• Title/Summary/Keyword: Order Management

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A Study on the efficient Operation Policy of Knowledge Management (지식경영의 효율적인 운영방안에 관한 연구)

  • Moon Chang-Soo
    • Management & Information Systems Review
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    • v.14
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    • pp.181-193
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    • 2004
  • This paper is concerned with the study of 'Knowledge Management', a paradigm of thought based on the idea that the future will be a knowledge-centered society. This paper also provides an overview of both 'what to manage' and 'how to manage' if an organization wants to develop in this environment. The process of 'Knowledge Management' begins with a decision. Presented with a myriad of information, of which we can't afford to obtain it all, what information is of value to the organization? Further, by systematically organizing not only the primary information but also that which was accumulated in the process, Knowledge Management is capable of suggesting a value-added plan of action. This research presents the necessary principles needed in order to successfully use Knowledge Management, specifically a harmony between the human and technological aspects. There cannot be a static solution to the problem, as the environment of the enterprise's problem is dynamic in nature. Throughout the process, the enterprise will constantly change its strategy and structure in order to adapt to variable knowledge, technology, strategy, regulations, consumer interest, etc... The essential constant of these problems is the importance of spending on education. Investments in educations help develope a infrastructure for Information Technology, the development of knowledge distribution strategies, and the creation of efficient Knowledge Management policy.

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Risk Management for R&D Projects in the Military Aircraft Systems (군용항공기 연구개발 사업의 리스크 관리)

  • Kim, Sung Hun;Lee, Hyun Cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.4
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    • pp.76-84
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    • 2021
  • Military aircraft R&D projects require large-scale investment in cost and time, and involve a complex coordination process in decision-making. The R&D project manager should determine the development management priorities as accurately as possible and focus on R&D capabilities, thereby reducing the risks of the aircraft R&D project. To this end, this study aims to reduce R&D risk by prioritizing cost, schedule, and performance, which are basic management factors used in R&D project management in defense project management regulations. Analytic Hierarchy Process (AHP) is applied using a questionnaire for managers in charge of aviation R&D under the Defense Acquisition Program Administration. As a primary result, the importance of the factors that the aircraft R&D project manager should consider was derived in the order of performance, cost, and schedule, and the priorities of performance and cost in the lower layer were also identified. In addition, in order to provide practical risk management measures to aircraft R&D project managers, the results of analyzing 28 cases of US National Transportation Safety Board accidents were compared and analyzed with the AHP analysis results, and management measures suitable for the situation were specified.

KCI Candidate Review Assessment and internationalization strategy by JEMM(The Journal of Economics, Marketing, and Management) of The International Convergence Management Association

  • Kim, Taejoong
    • The Journal of Economics, Marketing and Management
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    • v.5 no.2
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    • pp.40-42
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    • 2017
  • The purpose of this study was to review and analyze JEMM(The Journal of Economics, Marketing, and Management) of ICMA(The International Convergence Management Association) and all of published articles of 2013 to 2016 and to revise and update the existing publication strategies in order to improve the internationalization and reputation of JEMM. JEMM of ICMA is a new academic journal of Korea Distribution Science Association(KODISA). It is still in its early stage as it is founded in 2013 as an academic journal to increase an recognition through KCI Candidate application under National Research Foundation of Korea(NRF). It endeavors its efforts to be recognized as a reputable international journal. This study was conducted to confirm the current status of JEMM in the current standards and to establish a strategic process to complement the deficiencies and achieve the goals. JEMM of ICMA has three distinguished features of online submission and review system, only English-based papering, reviewing by anonymous refrees. JEMM of ICMA continuously revised and updated its publication standards and practices and adopted technological support systems to enable its journals to remain independent and open access in order to ultimately become one of the most international journals.

Priority Analysis of Supply Chain Risk Management for Business Using AHP (공급사슬 리스크 관리에 관한 우선순위 분석)

  • Ji-Yeong Ko
    • Korea Trade Review
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    • v.47 no.3
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    • pp.17-35
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    • 2022
  • The Pandemic crisis caused by COVID-19 has raised awareness of the importance of supply chain risk management, such as the control of movement between countries and the simultaneous manufacturing paralysis in the world. Effective risk management within the supply chain of the company is a core competency in the global environment. Therefore, this study quantitatively analyzed the perspective of domestic large corporations and small and medium enterprises (SMEs) by using the hierarchical analysis method (AHP) to identify the factors that should be considered as the priority when establishing supply chain risk management plans for large and small business employees. In order to conduct the study, a survey was conducted on large corporations and small and medium enterprises in Gyeongnam and Busan, and AHP analysis was conducted using Microsoft 365 excel program. In addition, Mann-Whitney U test (independent sample-nonparametric test) was conducted using SPSS/18 version of statistical package program for comparative analysis between groups. As a result, the priority was highly evaluated in the order of financial ability, competitiveness, disaster in the overall priority evaluation. There were statistically significant differences in internal risk and strategic decision making of supply chain between groups. This suggests that fandemics such as COVID-19 can not be predicted, but strategic responses are needed to utilize opportunities expressed in the crisis through supply chain risk management and to increase the competitive advantage of domestic companies even in the crisis.

Simulation-based Delivery Date Determination Algorithm (효율적 제조자원의 활용을 고려한 생산일정 및 납기일 결정기법)

  • 박창규
    • Korean Management Science Review
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    • v.17 no.2
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    • pp.125-134
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    • 2000
  • Keeping the promised delivery date for a customer order is crucial for a company to promote customer satisfaction and generate further businesses. For this, a company should be able to quote the delivery date that can be achieved with the capacity available on the shop floor. In a dynamic make-to-order manufacturing environment, the problem of determining a delivery date for an incoming order with consideration of resource capacity, workload, and finished-product inventory can hardly be solved by an analytical solution procedure. This paper considers a situation in which a delivery date for a customer order is determined based on a job schedule, and presents the SimTriD algorithm that provides the best scheduling for determining a delivery date of customer order through the job schedule that efficiently utilizes manufacturing resources with consideration of interacting factors such as resource utilization, finished-product inventory, and due date.

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Scheduling Orders for Minimizing Total Weighted Tardiness (가중납기지연시간을 고려한 최적 주문처리순서에 관한 연구)

  • Lee, Ik-Sun;Yoon, Sang-Hum
    • Journal of the Korean Operations Research and Management Science Society
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    • v.33 no.2
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    • pp.87-101
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    • 2008
  • This paper considers an order scheduling model to minimize the total weighted tardiness of orders. Each order requires different types of products. Each type of product is manufactured on its dedicated machine specified in advance. The completion time of each order is represented by the time when all the products belonging to the order are completed. The objective of this paper is to find the optimal production schedule minimizing the total weighted tardiness of a finite number of orders. In the problem analysis, we first derive a powerful solution property to determine the sequence of two consecutive orders. Moreover, two lower bounds of objective are derived and tested along with the derived property within a branch-and-bound scheme. Two efficient heuristic algorithms are also developed. The overall performances of the proposed property, branch-and-bound and heuristic algorithms are evaluated through various numerical experiments.

Analysis of Safety Stock and Service Level For an Distribution Center with Variable Demand Variable Lead Time Model (수요 및 조달기간의 변동을 고려한 물류 센터의 안전재고와 서비스수준 분석)

  • 박명규;조용욱
    • Journal of the Korea Safety Management & Science
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    • v.3 no.3
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    • pp.65-75
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    • 2001
  • This research fundamentally deals with an analysis of service level for a multi-level inventory distribution system which is consisted of a central distribution center and several branches being supplied stocks from the distribution center, Under continuous review policy, the distribution center places an order for planned order quantity to an outside supplier, and the order quantity is received after a certain lead time. Also, each branch places an order for particular quantity to its distribution center, and receives the order quantity after a lead time. In most practical distribution environment, demands and lead times are generally not fixed or constant, but variable. And these variabilities make the analysis more complicated. Thus, the main objective of this research is to suggest a method to compute the service level at each depot, that is, the distribution center and each branch with variable demands and variable lead times. Further, the model will give an idea to keep the proper level of safety stocks that can attain effective or expected service level for each depot.

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Optimal Admission and Pricing Control Problem with Sideline Profit, Customer Order Cancellation, and No Waiting Room

  • Son, Jae-Dong
    • Management Science and Financial Engineering
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    • v.14 no.1
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    • pp.35-63
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    • 2008
  • We discuss the problem of selecting profitable customer orders arriving at a company providing two classes of services. For an arriving customer order for the first class, the company 1) makes a decision whether to accept or reject it (admission control), or 2) decides a price of the order to offer to an arriving customer (pricing control). The customer order undergoing processing in the system may be cancelled owing to unavoidable circumstances with the customer. The second class of service is provided as a sideline, which prevents the server from being idle when all the customer orders for the first class are completed and delivered. This yields the sideline profit. We discuss both admission control and pricing control problems in an identical framework as well as examine the structure of the optimal policies maximizing the total expected present discounted net profit gained over an infinite planning horizon.

Customer Order Scheduling Problems on Parallel Machines with Job Capacity Restriction

  • Yang, Jaehwan
    • Management Science and Financial Engineering
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    • v.9 no.2
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    • pp.47-68
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    • 2003
  • We consider the customer order scheduling problem with job capacity restriction where the number of jobs in the shop at the same time is fixed. In the customer order scheduling problem, each job is part of some batch (customer order) and the composition of the jobs (product) in the batch is pre-specified. The objective function is associated with the completion time of the batches instead of the completion time of the jobs. We first summarize the known results for the general customer order scheduling problems. Then, we establish some new properties for the problems with job capacity restriction. For the case of unit processing time with the objective of minimizing makespan, we develop a polynomial-time optimal procedure for the two machine case. For the same problem with a variation of no batch alternation, we also develop a polynomial-time optimal procedure. Then, we show that the problems with the objectives of minimizing makespan and minimizing average batch completion time become NP-hard when there exist arbitrary number of machines. Finally, We propose optimal solution procedures for some special cases.

A study of building DB for BTO system (주문 적응형 생산시스템의 DB 구성 방안에 관한 연구)

  • 임기수;박경호
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2002.10a
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    • pp.89-92
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    • 2002
  • As the use of Internet being generalized, ordering system can be easily achieved on the Web so that the direct sailing system is replaced the various types of Built-To-Order system. It is important to give the up-to-date information to the end-user in order to build the Built-To-Order system. Recently, the way of providing information is updating the product related information continuously. In this study, we provide the method that can be streamlined Product Data Management System which manages a creation and update for product information into the direct BTO system in order to achieve the newest information. This methodology is not only transferring the information but also processing the information in an appropriate form. So this paper is going to cover the various point of view of information processing.

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