• Title/Summary/Keyword: S supply level

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Investigation and Empirical Validation of Industry Uncertainty Risk Factors Impacting on Bankruptcy Risk of the Firm (기업부도위험에 영향을 미치는 산업 불확실성 위험요인의 탐색과 실증 분석)

  • Han, Hyun-Soo;Park, Keun-Young
    • Korean Management Science Review
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    • v.33 no.3
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    • pp.105-117
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    • 2016
  • In this paper, we present empirical testing result to examine the validity of inbound supply and outbound demand risk factors in the sense of early predicting the firm's bankruptcy risk level. The risk factors are drawn from industry uncertainty attributes categorized as uncertainties of input market (inbound supply), and product market (outbound demand). On the basis of input-output table, industry level inbound and outbound sectors are identified to formalize supply chain structures, relevant inbound and outbound uncertainty attributes and corresponding risk factors. Subsequently, publicly available macro-economic indicators are used to appropriately quantify these risk factors. Total 68 industry level bankruptcy risk forecasting results are presented with the average R-square scores of between 53.4% and 37.1% with varying time lag. The findings offers useful insights to incorporate supply chain risk to the body of firm's bankruptcy risk level prediction literature.

Quantitative Estimation of Firm's Risk from Supply Chain Perspective (공급사슬 관점에서 기업 위험의 계량적 추정)

  • Park, Keun-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.22 no.2
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    • pp.201-217
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    • 2015
  • In this paper, we report computational testing result to examine the validity of firm's bankruptcy risk estimation through quantification of supply chain risk. Supply chain risk in this study refers to upstream supply risk and downstream demand risk, To assess the firm's risk affected by supply chain risk, we adopt unit of analysis as industry level. since supply and demand relationships of the firm could be generalized by the industry input-output table and the availability of various valid economic indicators which are chronologically calculated. The research model to estimate firm's risk level is the linear regression model to assess the industry bankruptcy risk estimation of the focal firm's industry with the independent variables which could quantitatively reflect demand and supply risk of the industry. The publicly announced macro economic indicators are selected as the candidate independent variables and validated through empirical testing. To validate our approach, in this paper, we confined our research scope to steel industry sector and its related industry sectors, and implemented the research model. The empirical testing results provide useful insights to further refine the research model as the valid forecasting mechanism to capture firm's future risk estimation more accurately by adopting supply chain industry risk aspect, in conjunction with firm's financial and other managerial factors.

System Dynamics Approach to Return Policy at Supply Chain (공급체인에서의 반품계약에 대한 시스템다이내믹스 접근)

  • Kim, Tae-Hyun;Park, Jeong-Hoonl;Choi, Dong-Hyun;Kim, In-Hoo
    • Korean System Dynamics Review
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    • v.8 no.1
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    • pp.173-186
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    • 2007
  • This research consists of (1) building (or molding) the Dynamics Simulation Model on Return Policy mainly used in publications, phonographs, and computer industry; which are seen used in supply chain contract known as effective control mechanism under the varied supply chain situations, and (2) analyzing the effects that return rates and seller's contract parameters have in the outcome of the model and (3) observing how the effectiveness of Return Policy changes under such circumstances where the buyer's sales ability and the seller's risk inclination are taken into account. Thus, the main purpose of this research lies in analyzing what exactly are the effects (and or outcome) that sales ability and risk inclination have in Return Policy, and additionally by conducting comprehensive research on Supply Chain Policy Dynamics Simulation Model, we will try to prove that not only the Systems Dynamics approach is highly contributive in supply chain management but also that it will serve as a foothold in future research. As a result of the research, supply chain achievement level turned out to be high when Return Policy is enforced, and the achievement level was even higher when seller's sales ability was taken into consideration along with the Return Policy. On the other hand, the achievement level decreased when the seller had risk aversive tendencies.

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An Application of SCOR Model for Modeling a Service Supply Chain of a Hospital Treatment Service (병원의 진료 서비스 공급 사슬 모델링을 위한 SCOR 모델의 적용)

  • Park, Kyoung-Jong;Oh, Hyung-Sool
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.4
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    • pp.10-20
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    • 2008
  • This paper deals with the application of Supply Chain Operations Reference (SCOR) model to make a Service Supply Chain(sSC) of a hospital treatment service. At first, we compare the service supply chain with the traditional supply chain. At second, we apply the SCOR model to a service supply chain of a hospital treatment service and make new process of the hospital service supply chain if we need it. Finally, we explain the applied results and propose the improvement points. The used level of SCOR model is from level 1 to level 3.

A study on the Design of a stable Substrate Bias Generator for Low power DRAM's (DRAM 의 저전력 구현을 위한 안정한 기판전압 발생기 설계에 관한 연구)

  • 곽승욱;성양현곽계달
    • Proceedings of the IEEK Conference
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    • 1998.10a
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    • pp.703-706
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    • 1998
  • This paper presents an efficient substrate-bias generator(SBG)for low-power, high-density DRAM's The proposed SBG can supply stable voltage with switching the supply voltage of driving circuit, and it can substitude the small capacitance for the large capacitance. The charge pumping circuit of the SBG suffere no VT loss and is to be applicable to low-voltage DRAM's. Also it can reduce the power consumption to make VBB because of it's high pumping efficiency. Using biasing voltage with positive temperature coefficient, VBB level detecting circuit can detect constant value of VBB against temperature variation. VBB level during VBB maintaining period varies 0.19% and the power dissipation during this period is 0.16mw. Charge pumping circuit can make VBB level up to -1.47V using VCC-1.5V, and do charge pumping operation one and half faster than the conventional ones. The temperature dependency of the VBB level detecting circuit is 0.34%. Therefore the proposed SBG is expected to supply a stable VBB with less power consumption when it is used in low power DRAM's.

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Improving the supply level of repair parts (수리부속 적정 보급수준 개선에 관한 연구)

  • Kim, Young Joo;Kang, Kyung Sik
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.369-376
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    • 2014
  • The national Logistics Information system has been rapidly developed on account of the dramatic improvements in the military's logistics support system and supply support system, making a transition from manual work system to computerized work system. Supply level, however, does not reflect these changes in the overall logistics environment and still retains the state it was in the 1970s. This research uses the accumulated data from the equipment maintenance information system developed in the year 2009 to analyze RWT(Requisition Wait Time) and CWT (Customer Wait Time). The analysis estimated the realistic transportation and ordering time and led to the conclusion that the differentiated ASL operation system that considers demand level should be adopted instead of the uniform ASL employment system.

Adoption and Diffusion Speed of New Technology with Network Externality in a Two-level Supply Chain : An Approach to Relative Factors in Buyer-Supplier Relationships (네트워크 외부효과를 고려한 두 단계 공급체인에서의 신기술 도입과 확산속도에 대한 연구 : 구매자-공급자간 관계 요인에 대한 모형)

  • Choi, Daeheon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.3
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    • pp.51-70
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    • 2013
  • This paper develops a model to predict the adoption and level of usage of network technology in a two-level supply chain with buyer-supplier relationships. A firm's adoption of a new technology depends not only on its own beliefs of the new technology's costs and benefits, but also on the adoption decisions of other firms in the supply chain. A model first analyzes an individual supplier's decision about a new technology adoption considering with multiple suppliers and buyers. Individual suppliers' decisions are aggregated with a population model to project how new technology diffuses across the supply chain and examine the pattern of diffusion process. This study found that as more firms adopt in initial periods, the total amount of information to the potential adopters in the population increases, and then the number of firms persuaded by the information increases as the process moves up the distribution of adoption process. We consider three factors influencing the diffusion speed of the new technology in a supply chain network : mean benefits, cost sharing, and information provision. This study examines how such factors affect the reduction of threshold levels, which implies that reductions in threshold levels have an aggregate effect by accelerating the rate of adoption. In particular, we explore relationship factors available in practice in a buyer-supplier relationship and numerically examines how these relationship factors contribute to increase the diffusion speed of the technology in a two-level supply chain.

Coordination Under Price Protection, Mid/End Life Returns, and Quantity Discount for a Three-Level Supply Chain (가격보호 정책, 반품 정책과 물량할인 정책을 사용한 3단계 공급사슬의 협력방안)

  • Lee, Chang-Hwan
    • Journal of the Korean Operations Research and Management Science Society
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    • v.30 no.3
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    • pp.17-39
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    • 2005
  • The coordination of a three-level supply chain consisting of a supplier, a retailer, and a discount outlet (DCO) is studied here. We assume that the product is sold in two consecutive periods a Normal Sales Period (NSP) and a subsequent Clearance Salvage Period (CSP). A benchmark case is studied Initially in which the supply chain is coordinated by a s1n91e agent. Thus, the supplier the retailer, and the discount outlet design a common system that allows centralized decision making about stocking quantities, markdown time schedules, and policies on disposing of leftovers to deliver the greatest possible expected supply chain profit. Next, we consider a decentralized supply chain. Here, decisions are made without coordination. The objective is to maximize an individual party's expected profits. The focus of the study is on the following questions: what factors make the coordination an effective approach for the supply chain? How do we coordinate the supply chain so as to maximize the supply chain Joint expected profit? These and other related study issues are explored in this paper.

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.

Analysis of Interorganizational Systems Effect to Supply Chain Partnership and Performance (기업간 정보시스템이 공급사슬 파트너쉽 및 성과에 미치는 영향 분석)

  • Han Hyun-Soo;Sawng Yeong-Wha;Noh Ji-Chul
    • Journal of Information Technology Applications and Management
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    • v.13 no.2
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    • pp.41-54
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    • 2006
  • In this paper, we investigate the inter-organizational information systems effect to supply chain partnerships, and subsequently to the performance. The conceptual model for the causal relationships among interorganizational systems usage, interaction, partnership, and supply chain performances has been developed. Theoretical framework is based on the partnership research in relationship marketing area, and the interaction model from IMP group. The questionnaires are designed to test the hypotheses of the conceptual model. The survey result supports our hypotheses that collaborative IT effects to increase the interaction between the firms, and interaction causes to enhance the partnership quality. Also, the level of partnership shows strong positive correlation with the supply chain performances. Despite the limitations of collected sample data size, our study reveals the fact that inter-organizational information systems contribute to supply chain performance through enhancing the interaction and partnership level between the supply chain partners. Our research result is distinct from the most extant literatures that investigated the firm's collaboration impact on interorganizational systems usage.

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