• Title/Summary/Keyword: Product Supply

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A Study on the Effect of Supplier's Strategy on New Product Development Performance (신제품 공동 개발 시 공급자의 전략이 신제품 개발성과에 미치는 영향에 대한 연구)

  • Hwang, Sunil;Suh, Eung-Kyo
    • Journal of Distribution Science
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    • v.15 no.9
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    • pp.95-107
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    • 2017
  • Purpose - In the joint development of new products, buyers and suppliers exchange information to solve various problems. Uncertainty and ambiguity are typical examples. Uncertainty refers to the lack of information to solve the problem, and equivocality refers to the case where the information is interpreted in multiple processes in the process of providing the information. These uncertainty and equivocality cause new products to be delayed in their development and adversely affect quality. However, unfortunately, there is a lack of researches on how the uncertainty and equivocality of such concepts control the results of new product joint development. But, smooth communication and effective exchange of information is not emphasized only in the general organization. The importance of the new product joint development projects to achieve the two organizations' common goals becomes even greater. The purposes of this study are to analyse the effect of supplier's strategy on the NPD performance and moderating effect of uncertainty and equivocality. Research design, data, and methodology - In order to make a contribution to the lack of academic researches in Korea, this study collects data through questionnaires based on organizational information processing theory and previous studies, and conducts empirical analysis. Results - As a result, the product modularization strategy and the strategic supply chain relationship positively influenced the new product development performance - return on investment and ease of manufacturing. And the interaction effect of uncertainty and equivocality with supplier's strategy - product modularity strategy and strategic supply chain management relationship - reduces or negates the influence of product modularization strategy on new product development performance. Conclusions - This implies that it is important to control uncertainty and equivocality in order for the supplier strategy to have a positive effect on new product development performance. It also emphasizes the necessity of sharing information appropriately for companies that do not want to share the information as possible due to their fear of loss of competitive advantage in the joint development of new products. Because this kind of negative policy might let uncertainty and equivocality be happen in new product joint development process.

Economic Effect of The Regional Fishery Product Supply Shortage - Focusing on Fisheries Risk Factors - (지역별 수산물 공급지장의 경제적 파급효과 분석 - 수산업 리스크 요인을 중심으로 -)

  • Um, Kwon-O;Lee, Mu-Hui
    • The Journal of Fisheries Business Administration
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    • v.53 no.3
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    • pp.65-83
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    • 2022
  • In addition to simply providing quality food to the people, the fishery industry must be maintained and developed because it has various functions such as national food security, preservation of natural scenery, protection of national territory, and revitalization of the local economy. However, risk factors such as climate changes and environmental destruction have raised concerns about the sustainable development of the industry. Since these risk factors are becoming larger and more complex over time, it is time to conduct research related to the risk of the fishery industry. Therefore, the purpose of this study is to explore the risk factors facing the fisheries at this point, to analyze the economic ripple effect of regional fishery product supply shortage, and to draw implications. As a result of this study, the economic ripple effect of fishery product shortage per won was highest in Busan, followed by Gangwon, Gyeongnam, and Gyeongbuk. Considering the size of the local fishery industry, Busan had the highest supply shortage per 1% of local fisheries production. It is also necessary to prepare special risk management and countermeasures for these regions since the effect of supply shortage in regions such as Jeonnam, Gyeongnam, and Jeju is large compared to other regions.

Development of Web-based Simulator for Supply Chain Network with Reconfigurable Manufacturing System and Multi-layered Distribution Center (재구성가능 제조시스템과 다계층 구조를 가지는 분배센터로 구성된 공급사슬망을 위한 웹기반 시뮬레이터 개발)

  • Seo, Min-Seok;Lim, Dae-Eun
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.4
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    • pp.279-288
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    • 2011
  • The past researches focused on the supply chain network that consists of factories, distribution centers and retailers for single product type. This research is required because the factory for single product type is advanced to reconfigurable type in order to produce various products, according to customers' various purchase forms and time. This research is also required because in the past researches, the material flows from factories to distribution centers and from distribution centers to retailers, but recently, there are material flows between distribution centers. The supply chain network in this research consists of reconfigurable manufacturing system, multi-layered distribution centers, and retailers. A simulator is developed to analyze the material flow on the supply chain network. The developed simulator is web-based designed by using Java Server Page and MS-SQL, so as to maximize the convenience for users.

Coordination of Component Production and Inventory Rationing for a Two-Stage Supply Chain with a VMI Type of Supply Contract (적시 부품 공급 계약을 갖는 두 단계 공급망에서 부품 생산과 재고 분배의 통합적 구현)

  • Kim, Eun-Gab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.2
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    • pp.45-56
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    • 2012
  • This paper considers a supply chain consisting of a component manufacturer and a product manufacturer. The component manufacturer provides components for the product manufacturer based on a vendor-managed inventory type of supply contract, and also faces demands from the market with the option of to accept or reject each incoming demand. Using the Markov decision process model, we examine the structure of the optimal production control and inventory rationing policy. Two types of heuristics are presented. One is the fixed-buffer policy and the other uses two linear functions. We implement a computational study and present managerial insights based on the observations.

A Study on the Optimum Scheme for Determination of Operation Time of Line Feeders in Automatic Combination Weighers

  • Keraita James N.;Kim Kyo-Hyoung
    • Journal of Mechanical Science and Technology
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    • v.20 no.10
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    • pp.1567-1575
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    • 2006
  • In an automatic combination weigher, the line feeders distribute the product to several weighing hoppers. The ability to supply appropriate amount of product to the weighing hoppers for each combination operation is crucial for the overall performance. Determining the right duration of operating a line feeder to supply a given amount of product becomes very challenging in case of products which are irregular in volume or specific gravity such as granular secondary processed foods. In this research, several schemes were investigated to determine the best way for a line feeder to approximate the next operating time in order to supply a set amount of irregular goods to the corresponding weighing hopper. Results obtained show that a weighted least squares method (WLS) employing 10 data points is the most effective in determining the operating times of line feeders.

Design and Implementation of Digital Signature on Pedigree Using ECDSA (ECDSA를 사용한 Pedigree 디지털 서명의 설계 및 구현)

  • Khosiawan, Yohanes;Kwon, Joon-Ho;Hong, Bong-Hee
    • Proceedings of the Korean Information Science Society Conference
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    • 2012.06c
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    • pp.286-288
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    • 2012
  • Facing the counterfeiting acts towards various products, many manufacturers implement ePedigree system to secure their supply chain. Using ePedigree, a distribution history including a valid product identifier from the manufacturer until the final retailer is recorded. And this ePedigree is signed by each involved supply chain party using digital signature. With this digital signature, any unauthorized alteration to the ePedigree document would generate a failed verification process. If there is a counterfeit product using a fake ePedigree document, it wouldn't be able to pass the verification process either. Hence, there wouldn't be any counterfeit product that could enter the legal supply chain and bought by the consumer. We are proposing to use ECDSA instead of RSA since it has faster performance and shorter key size. At a certain same security level, ECDSA only needs 163 bits, while RSA needs 1024 bits.

Economic Analysis by Cost Estimation and Externality Classification to Agricultural Water Supply (논 농업용수의 외부효과 구분과 비용산정에 따른 경제성 분석)

  • Kim, Hae-Do;Hur, Seung-Oh;Jo, Jin-Hun;Na, Min-Chul
    • KCID journal
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    • v.17 no.2
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    • pp.3-16
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    • 2010
  • The subject of externality of agricultural water supply has been discussed in the OECD AC ( Organization for Economic Cooperation and Development Agriculture Committee) while argued between monsoon Asian developing countries and the agricultural product export nations (Australia, EU, etc). It argued that a 'positive' approach to multifunctionality views agriculture as an economic activity with multiple, interconnected outputs or effects, and a 'normative' approach interprets multifunctionality in terms of the multiple roles assigned to agriculture. and the agricultural product export nations insisted 'negative' approach to externality of agricultural water supply like causing water pollution. So, in this study, define the externalities (positive, negative and economic, environmental) in terms of the agricultural water supply and calculate benefit and cost each the externalities by cost estimation. As results, BC is calculated to 1.28 which means that it is more economical to agricultural water supply and shows that although the negative exernalities comes out while supply the agricultural water, it still more valuable to supply the agricultural water.

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Decision-making Model of Supply Chain Inventory Management System (공급망 재고관리시스템의 의사결정모형)

  • Chen, Jinhui;Nam, Soo-tae;Jin, Chan-yong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.157-158
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    • 2021
  • Big data in the supply chain mainly comes from four aspects. One is the relevant data inevitably generated in the process of product value transfer of enterprises in the supply chain, such as production equipment quality data, planned procurement data, product data, etc; On the other hand, it is derived from the ERP data of various companies in the supply chain; The third is e-commerce data from the customer, and the last is data from external or manually entered data. A third-party data service center analysis and mining the data to predict and control the inventory in the process of supply chain operation. It brings innovation and change of management technology and way of thinking to the whole supply chain in many aspects, and finally achieves the goal of coordinated inventory and zero inventory of the whole supply chain.

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An Integrated Multi-Product Inventory Model for a Two-Echelon Supply Chain under Cap-and-Trade Mechanism (배출권거래제 하에서 2단계 공급사슬에서 다품목의 통합재고모형)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.4
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    • pp.61-68
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    • 2019
  • Currently many companies are interested in reduction of the carbon emissions associated with their supply chain activities such as transportation and operations. Operational decisions, such as modifications in order quantities could an effective way in reducing carbon emissions in the supply chain. Cap-and-trade regulation, sometimes called emissions trading, is a market-based tool to limit greenhouse gas emissions. Under cap-and-trade regulation, emission credits are allocated to the firms and the firms trades emissions under cap-and-trade schemes. In this paper, we propose a single-manufacturer single-buyer two-echelon supply chain problem under the cap-and-trade mechanism incorporating the carbon emissions caused by transportation and warehousing activities where a single manufacturer produces a family of items in order to deliver a family of items to a single buyer at a fixed interval of time for effective implementation of Just-In-Time (JIT) Purchasing. An integrated multi-product lot-splitting model of facilitating multiple shipments in small lots between buyer and manufacturer is developed in a JIT Purchasing environment. Also, an iterative heuristic algorithm is developed to derive the common order interval, the number of intervals for each product and the number of shipments between the buyer and the manufacturer during the common interval. A numerical example is given to illustrate the savings in reduction of total cost and carbon emissions by the inventory model incorporating cap-and-trade mechanism compared to the classical inventory model. The proposed inventory model could be useful for the practical solution of two-echelon supply chain inventory problem under cap-and-trade mechanism.

An Equilibrium Diffusion Model of Demand and Supply of New Product and Empirical Analysis (신기술 제품의 확산에 관한 수요$\cdot$공급의 균형확산모형과 실증분석)

  • Ha, Tae-Jeong
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.113-139
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    • 2005
  • The purpose of this study is to analyse the diffusion process of personal computer (PC) in Korea during the 1990's. To achieve the goal, five research steps have been done such as the literature survey of diffusion theory, set-up of theoretic equilibrium model of supply and demand, derivation of an equilibrium path using Hamiltonian, and empirical analysis. The empirical analysis has been performed based on that equilibrium path. The results can be summarized as follows : First, technological attribute of diffusing product influences the diffusion speed of Product. It has been proven that the size of the network has a significant effect on the diffusion of PC in empirical study Second, supply factors have an important role in the diffusion process. According to the empirical analysis, decreasing cost of production as a result of technological advance promotes the speed of diffusion. This point seems to be manifest theoretically, but existing empirical models have not included supply factors explicitly, Third, it has been found out that expectation of decreasing cost would influence the speed of diffusion negatively as expected ex ante. Theoretically this result is supported by arbitrage condition of purchasing timing.

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