• Title/Summary/Keyword: Planning and Management

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An Integrated Planning of Production and Distribution in Supply Chain Management using a Multi-Level Symbiotic Evolutionary Algorithm (다계층 공생 진화알고리듬을 이용한 공급사슬경영의 생산과 분배의 통합계획)

  • 김여근;민유종
    • Journal of the Korean Operations Research and Management Science Society
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    • v.28 no.2
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    • pp.1-15
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    • 2003
  • This paper presents a new evolutionary algorithm to solve complex multi-level integration problems, which is called multi-level symbiotic evolutionary algorithm (MEA). The MEA uses an efficient feedback mechanism to flow evolution information between and within levels, to enhance parallel search capability, and to improve convergence speed and population diversity. To show the MEA's applicability, It is applied to the integrated planning of production and distribution in supply chain management. The encoding and decoding methods are devised for the integrated problem. A set of experiments has been carried out, and the results are reported. The superiority of the algorithm's performance is demonstrated through experiments.

Management Innovation of Real Estate Business using Six Sigma Methodology: Strategy Planning and Critical Success Factors (6 시그마 방법론을 활용한 부동산업 경영혁신: 전략수립과 핵심성공요소 도출을 중심으로)

  • Lee Young Suk;Park Sung Hyun;Cho Byung-Jun
    • Journal of Korean Society for Quality Management
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    • v.32 no.3
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    • pp.216-233
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    • 2004
  • The real estate management includes not only the brokerage, property management, development, investment and consulting which are related to real estate handling, but also the human resources who deal with the real estate business. The level of management quality of Korean real estate business is rather poor. This paper deals with management innovation of real estate management using Six Sigma methodology The main focus of this Paper is to develop strategy Planning, and is to select critical success factors for each strategy to make an advanced management system for real estate business. This paper is a case study, and the target company for this innovation is ERA-Korea Company. Seven strategies are proposed, and for each strategy several critical success factors are suggested. Through this case study, the authors hope that a management quality model for real estate business is proposed, and an improved management method can be adopted in the other real estate companies.

Introduction of Principles for Disaster Prevention Planning in u-City (u-방재 City 기본방향 연구)

  • Kim, Hyun-Joo;Park, Young-Jin;Lee, Won-Sung;Yeon, Kyung-Hwan
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.127-130
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    • 2008
  • This study demonstrates a basic concept and designing direction for the realisation of disaster prevention planning in u-City(u-BangjaeCity) that is from establishing a planning system in terms of the areas of professional disaster and safety management for the national disaster management. and designing disaster or safety management system via using ubiquitous technology for the scientific disaster management. In order to realise u-City it is necessary to maps out interrelation amongst various services such as traffic, environment and disaster prevention. Domestic and international case studies regarding the tendency of disaster prevention planing in u-City and its analysis could be the fundamental resource in order to develop the standard model of u-BangjaeCity.

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Business Issues in Enterprise Resource Planning (ERP) Implementation

  • Raj, John Rudolph;Seetharaman, A.
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.4
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    • pp.9-25
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    • 2014
  • The successful implementation of various Enterprise Resource Planning (ERP) systems has provoked considerable interest in this subject over the last few years. The senior management, especially in large corporations have been attracted to look at new information technology and how to leverage it for corporate survival and to gain competitive advantage in volatile business environment. Although there is no shortage of positive reports on the success of ERP installations, many companies have invested millions of dollars in this direction with little to show for its success. Since many of the ERP failures today can be attributed to inadequate planning and poor execution in the implementation and closure of projects. The aim of this article is to offer some solutions to avert potential pitfalls in ERP implementation.

Front End Planning Tool (FEPT) Based on an Electronic Process Management

  • Safa, Mahdi;Haas, Carl T.;Hipel, Keith W.;Gray, Joel
    • Journal of Construction Engineering and Project Management
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    • v.3 no.2
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    • pp.1-12
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    • 2013
  • Research indicates that good front-end planning (FEP) results in the achievement of higher levels of project performance. By facilitating collaboration among stakeholders in diverse locations with the use of workflow-enabled processes, such pressures can be reduced, and the overall process and results of FEP can be improved. With these goals, a front-end planning tool (FEPT) has been developed as support for owners and major contractors who are engaged in front-end planning. This paper presents the new FEPT and describes how it has been used for construction megaprojects in the nuclear power, oil and gas, and mining industries. The paper begins with the definitions related to and an explanation of the general process for implementing and applying the FEPT and then describes and analyzes how the FEPT was applied in case study projects in order to test its validity. The results indicate that the FEPT increases the efficiency and effectiveness of front-end planning for the megaprojects studied and that it has the potential to produce similar results for other megaprojects.

Strategic Planning and Firm Performance: The Mediating Role of Strategic Maneuverability

  • KORNELIUS, Hermas;SUPRATIKNO, Hendrawan;BERNARTO, Innocentius;WIDJAJA, Anton Wachidin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.479-486
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    • 2021
  • This study aims to explore the relationships between strategic planning, strategic maneuverability, and firm performance in the current dynamic business environment. It employs a quantitative research method and reports on a survey, using a questionnaire, of service companies in Indonesia's oil and gas industry. Of the 337 companies selected by simple random sampling from a vendor database, responses were received from 70 companies. The analysis was performed using Partial Least Square Structural Equation Modeling and SmartPLS software. The analysis consisted of descriptive statistics, evaluation of the measurement model, evaluation of the structural model, and hypotheses testing. The results show that both strategic planning and strategic maneuverability have a positive relationship with firm performance. In addition, there is a positive relationship between strategic planning and firm performance through the mediating role of strategic maneuverability. The findings suggest that the organizational agility, organizational flexibility, and organizational responsiveness that constitute strategic maneuverability have a positive direct and indirect effect on firm performance, namely financial performance, customer performance, internal process performance, and learning and growth. This study contributes to the strategic management literature and the theory of maneuvers by providing empirical evidence on the relationship between strategic planning, strategic maneuverability, and firm performance.

A Study on Financial Planning Services in the U. S. (미국의 재무 설계 서비스에 대한 고찰)

  • YUh Yoon Kyung;Bae Mi Kyeong
    • Journal of Family Resource Management and Policy Review
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    • v.8 no.1
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    • pp.15-28
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    • 2004
  • Financial planning in the United States has evolved since 1980 from a field comprised of specialists, such as insurance agents, bankers, accountants, and stock brokers, offering particular services to clients, to the situation today, where most professionals offering financial services to households market themselves as comprehensive financial planners. The breadth of knowledge required for financial planning can be seen in the 106 topics covered by the Certified Financial Planner(CFP) Exam. This study reviews the actual conditions of financial planning in the U.S. including suppliers of financial services to household, the philosophy of financial planning, and the financial planning process as described by the CFP Board. Also, this study discusses related research about problems and challenges faced by households in financial planning in the U.S.

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Hybrid Multiple Hub-and-Spoke Vehicle Routing Model for Hyundai Mobis Automotive Service Parts Transportation Planning (하이브리드 다중 Hub-and-Spoke 차량 경로 계획 모형 : 현대모비스 자동차 보수용 부품 사내 운송 계획 최적화를 중심으로)

  • Lee, Yong-Dae;Jeong, Hyun-Jong;Son, Young-Soo;Yoon, Chi-Whan
    • Korean Management Science Review
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    • v.28 no.3
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    • pp.1-13
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    • 2011
  • Hub-and-spoke transportation network is a powerful and useful network structure that takes full advantage of economies of scale on routes between hubs. In recent studies, the network structure is extended to hybrid hub-andspoke that allows direct transportation between spokes. In this study, we considered more extended network structure which is called hybrid multiple hub-and-spoke that has multiple hubs and allows direct transportation between spokes. We developed a mathematical optimization model for automotive service parts transportation planning under hybrid multiple hub-and-spoke network structure. The model suggests a long-term transportation route planning and a short-term vehicle assignment planning. The model is verified by simulation and validated in real world application to Hyundai Mobis automotive service parts transportation planning. From the simulation result, the model reduced the transportation cost about 24.7%, the total distance about 6.8% and the CO2 emissions about 8.8%. In real world application for 6 months from July to December 2010, the model reduced the transportation cost about 9.1% by changing the long-term transportation route without daily vehicle assignment planning.

Study of Integrated Production-Distribution Planning Using Simulation and Genetic Algorithm in Supply Chain Network (공급사슬네트워크에서 시뮬레이션과 유전알고리즘을 이용한 통합생산분배계획에 대한 연구)

  • Lim, Seok-Jin
    • Journal of the Korea Safety Management & Science
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    • v.22 no.4
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    • pp.65-74
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    • 2020
  • Many of companies have made significant improvements for globalization and competitive business environment The supply chain management has received many attentions in the area of that business environment. The purpose of this study is to generate realistic production and distribution planning in the supply chain network. The planning model determines the best schedule using operation sequences and routing to deliver. To solve the problem a hybrid approach involving a genetic algorithm (GA) and computer simulation is proposed. This proposed approach is for: (1) selecting the best machine for each operation, (2) deciding the sequence of operation to product and route to deliver, and (3) minimizing the completion time for each order. This study developed mathematical model for production, distribution, production-distribution and proposed GA-Simulation solution procedure. The results of computational experiments for a simple example of the supply chain network are given and discussed to validate the proposed approach. It has been shown that the hybrid approach is powerful for complex production and distribution planning in the manufacturing supply chain network. The proposed approach can be used to generate realistic production and distribution planning considering stochastic natures in the actual supply chain and support decision making for companies.

USING GIS TO IMPROVE ROADWAY CONSTRUCTION PLANNING

  • Sanghyeok Kang;Jongwon Seo
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.643-648
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    • 2005
  • The planning process for roadway construction involves a large amount of information on design, construction methods, quantities, unit costs, production rates, and site conditions. Therefore, it is very important to acquire, manage, and process the necessary information efficiently to produce a rigorous construction plan. GIS (Geographic Information System) is a very effective tool for integrating and managing various types of information including spatial and non-spatial data required for roadway construction planning. This paper proposes a GIS-based system for improving roadway construction planning with its 'Interactive Space Scheduling' and 'Operation Level Planning' functions. The proposed system can assist construction planners in a unique way by integrating design and construction information and creating modularized design elements for space scheduling in real time. It is expected that the proposed system could improve the efficiency of roadway construction planning.

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