• Title/Summary/Keyword: SCM(supply chain management)

Search Result 472, Processing Time 0.028 seconds

A Study on the Reasonable Choice and Utilization of Incoterms 2020 Rules from the Perspective of Logistics and Supply Chain Management

  • Yang, Jung-Ho
    • Journal of Korea Trade
    • /
    • v.25 no.1
    • /
    • pp.152-168
    • /
    • 2021
  • Purpose - This paper has an objective to suggest reasonable criteria in choosing Incoterms 2020 rules for efficient and effective logistics management in that the Incoterms rules affect not only the rights and obligations of the parties to the sales contract but also the control and management of logistics system and transaction costs in the transaction. Design/methodology - An analysis of the various factors is needed to assess the positive or negative impact on global value chain in choosing Incoterms rules from a total logistics view. This study analyzes the impact of which the content of individual incoterms rules can have on the operation of international logistics systems under the global value chain from a strategic perspective to suggest reasonable criteria for selection of Incoterms rules depending on the transaction situation. Findings - Results of this study shows that consideration of various aspects which includes the characteristics of the products, logistics capabilities, infrastructure, transaction volume, operational cost, customs regulations, tax and accounting should be reflected in choosing the appropriate Incoterms rules. Therefore, in order to minimize the total cost and improve logistics performance, it may be helpful to develop a decision support model which allows users to select appropriate Incoterms rules based on various influencing factors. Originality/value - This Study is different from previous research which has mainly focused on the rights and obligations of the parties to the transaction regarding the transfer of risks and costs under the Incoterms. In addition, this study has significance in that it provides implications for export and import companies that can be able to use Incoterms as a strategic tool to efficiently manage the global value chain and improve supply chain performance.

A Study on Drug Traceability in Pharmaceutical Supply Chain (제약 공급망에서 의약품 유통 이력추적에 관한 연구)

  • Choi, Yong-Jung;Jung, Sang-Yun
    • Journal of the Korea Society of Computer and Information
    • /
    • v.20 no.2
    • /
    • pp.197-208
    • /
    • 2015
  • Pharmaceutical companies over the world are exposed to risks of lessened sales and negative impact on corporate image due to circulation of counterfeit drugs, which eventually threatens safety of patients. thus, in order to eradicate distribution of counterfeit drugs, many countries are taking initiatives to legalize and set serialization through e-Pedigree, which is based on RFID technology or barcode system to track and trace distribution of drugs from point of manufacturing to usage. therefore, this study contemplates domestic and international management system of medical drugs and suggests application methods of e-Pedigree based on RFID technology that promotes safety of patients and distribution of drugs.

A Study on Information System Improvement for Air Logistics SCM

  • Choi, Hyung-Rim;Park, Nam-Kyu;Lee, Hyun-Chul;Seo, Young-Joon;Shin, Joong-Jo
    • The Journal of Information Systems
    • /
    • v.14 no.3
    • /
    • pp.63-70
    • /
    • 2005
  • Compared with land logistics and sea logistics, air logistics takes not only less transportation time, but also makes just-in-time delivery possible. Because of this, in spite of high freight rates, many shippers make good use of airlines. To cope with borderless competition in this global age, most shippers using air logistics want to receive diverse information including just-in-time cargo delivery and dangerous situation as well as convenience and speed in job handling. Nevertheless, most domestic forwarders, who perform many kinds of important businesses for air logistics, mainly put emphasis on demanding information from overseas partners through their business agreements, that is, focusing on horizontal integration, instead of sharing information or improving job performance among air logistics participants. As a result, it is almost impossible to satisfy the needs of shippers. Airline users want to remove the uncertainties over their cargo movement. And in time of emergency, they want to take immediate measures through speedy information sharing and decision-making. In order to satisfy shipper's needs, all the organizations participating in the air logistics supply chain-cargo senders, cargo receivers, forwarders, transporters, licensed customs brokers, airlines as well as foreign partners-have to set up a vertical cooperation system. For effective air logistics SCM, it is very important to remove overlapping jobs, strengthen the efficiency of job handling, and provide online monitoring on cargo information in order to support decision-making. To this end, this paper has applied the concept of RTE (Real Time Enterprise), a new business management system, which tries to maximize competitiveness by removing many hindrance factors on an ongoing basis in managing and fulfilling core business processes based on up-to-the-minute information. In order to realize RTE-based information system for air logistics SCM, this paper has analyzed the information required by business process and by air logistics participant, and suggested the method for information sharing, point of time for information input and output, and its means.

  • PDF

Relative Importance Analysis on Technology Adoption Factors of RFID in SCM (SCM에서 무선인식 기술 수용 요인 별 상대적 중요도 분석)

  • Kim, Tae-Young;Choi, Jun-Seok
    • The Journal of the Korea Contents Association
    • /
    • v.7 no.6
    • /
    • pp.185-194
    • /
    • 2007
  • Today, there is in the world-wide cognition about RFID technology due to established standard, EPC(Electronic Product Code). RFID technology will have wide influence over various fields. Especially, RFID technology's advantages will have positive influence on logistics field. We can solve limited various problems presented in SCM by applying RFIB technology. We can have higher cantrol system, better benefits and actual decision information. Many organizations, however, still have hesitated now because RFID technology has not been validated and RFID technology is in early stage. Other problems are employee resistance against new technology and lack of academic empirical research on assimilation RFID technology for organization. Above reasons I mentioned make me study on analysis on assimilation RFID technology decision in SCM field. This study attempts to analyze the assimilation RFID technology factor from previous researches by using AHP. This outcomes of study will be helpful when we assimilate RFID technology in SCM fields.

A Study on the Relationship between Enterprise RFID Capability and Strategic Supply Chain Capability and Firm Performance: Focusing on Logistics, Distribution and Supply Chain Enterprises in China (기업의 RFID 역량과 전략적 공급사슬역량 및 기업성과 간 관계에 관한 연구: 중국 내 물류, 유통, 공급망 기업을 중심으로)

  • Shang Meng;Yong Ho Shin;Chul Woo Lee
    • Information Systems Review
    • /
    • v.20 no.2
    • /
    • pp.87-110
    • /
    • 2018
  • This study reviews previous studies about the effects of RFID capabilities on strategic supply chain competence and business performance in the Chinese context. This study introduces a new perspective that measures the degree to which RFID capability levels contribute to business performance. Such an assumption is based on the fact that companies build their own capabilities through RFID capabilities and that these capabilities provide a competitive advantage for enterprises. Data on all sorts of logistics, distribution, and manufacturing companies that introduced RFID system in China were collected for data analysis. This study analyzes the structural equation modeling using Smart-PLS 2.0 program. This study confirms that internal reliability, convergent validity, and discriminant validity are satisfied. The hypothesis test result on the relationship between RFID capacity and strategic supply chain competence and strategic supply chain competence and company results is partially adopted. This study aids in establishing a RFID system construction strategy to enhance supply chain competence by suggesting guidelines for the successful introduction of RFID system through identifying the causal relationship between RFID capacity and strategic supply chain competence. This study also suggests the influence of RFID competency on visibility, agility, flexibility, and collaborations.

A Case Study of Profit Optimization System Integration with Enhanced Security (관리보안이 강화된 수익성 최적화 시스템구축 사례연구)

  • Kim, Hyoung-Tae;Yoon, Ki-Chang;Yu, Seung-Hun
    • Journal of Distribution Science
    • /
    • v.13 no.11
    • /
    • pp.123-130
    • /
    • 2015
  • Purpose - Due to highly elevated levels of competition, many companies today have to face the problem of decreasing profits even when their actual sales volume is increasing. This is a common phenomenon that is seen occurring among companies that focus heavily on quantitative growth rather than qualitative growth. These two aspects of growth should be well balanced for a company to create a sustainable business model. For supply chain management (SCM) planners, the optimized, quantified flow of resources used to be of major interest for decades. However, this trend is rapidly changing so that managers can put the appropriate balance between sales volume and sales quality, which can be evaluated from the profit margin. Profit optimization is a methodology for companies to use to achieve solutions focused more on profitability than sales volume. In this study, we attempt to provide executional insight for companies considering implementation of the profit optimization system to enhance their business profitability. Research design, data, and methodology - In this study, we present a comprehensive explanation of the subject of profit optimization, including the fundamental concepts, the most common profit optimization logic algorithm -linear programming -the business functional scope of the profit optimization system, major key success factors for implementing the profit optimization system at a business organization, and weekly level detailed business processes to actively manage effective system performance in achieving the goals of the system. Additionally, for the purpose of providing more realistic and practical information, we carefully investigate a profit optimization system implementation case study project fulfilled for company S. The project duration was about eight months, with four full-time system development consultants deployed for the period. To guarantee the project's success, the organization adopted a proven system implementation methodology, supply chain management (SCM) six-sigma. SCM six-sigma was originally developed by a group of talented consultants within Samsung SDS through focused efforts and investment in synthesizing SCM and six-sigma to improve and innovate their SCM operations across the entire Samsung Organization. Results - Profit optimization can enable a company to create sales and production plans focused on more profitable products and customers, resulting in sustainable growth. In this study, we explain the concept of profit optimization and prerequisites for successful implementation of the system. Furthermore, the efficient way of system security administration, one of the hottest topics today, is also addressed. Conclusion - This case study can benefit numerous companies that are eagerly searching for ways to break-through current profitability levels. We cannot guarantee that the decision to deploy the profit optimization system will bring success, but we can guarantee that with the help of our study, companies trying to implement profit optimization systems can minimize various possible risks across various system implementation phases. The actual system implementation case of the profit optimization project at company S introduced here can provide valuable lessons for both business organizations and research communities.

u-COEX : A collaborative supply platform based on EPCglobal network (u-COEX : EPCglobal network 기반의 협업형 통합주문관리 플랫폼)

  • Choi, Sung-Deok;Sohn, Yoon-Hwan;Kim, Cheong-Ghil
    • Journal of The Institute of Information and Telecommunication Facilities Engineering
    • /
    • v.10 no.4
    • /
    • pp.148-154
    • /
    • 2011
  • This paper presents u-COEX, Ubiquitous-Collaborative Online shopping EXecution system, for small- and mediam- sized business enterprises, based on EPCglobal network. The system is taking advantage of RFID technology promises to optimize the critical processes in the Supply Chain Management. The system consists of five major functions: integrated order management, realtime monitoring and analysis system of sales and inventory, decision support system, integrating with EPCglobal and RFID technology, and u-catalog feature. The prototype implementation was developed for mass electronic market complex and the result revealed the feasibility to be applicable to real market.

  • PDF

A Two-phase Method for the Vehicle Routing Problems with Time Windows (시간대 제약이 있는 차량경로 결정문제를 위한 2단계 해법의 개발)

  • Hong, Sung-Chul;Park, Yang-Byung
    • IE interfaces
    • /
    • v.17 no.spc
    • /
    • pp.103-110
    • /
    • 2004
  • This paper presents a two-phase method for the vehicle routing problems with time windows(VRPTW). In a supply chain management(SCM) environment, timely distribution is very important problem faced by most industries. The VRPTW is associated with SCM for each customer to be constrained the time of service. In the VRPTW, the objective is to design the least total travel time routes for a fleet of identical capacitated vehicles to service geographically scattered customers with pre-specified service time windows. The proposed approach is based on ant colony optimization(ACO) and improvement heuristic. In the first phase, an insertion based ACO is introduced for the route construction and its solutions is improved by an iterative random local search in the second phase. Experimental results show that the proposed two-phase method obtains very good solutions with respect to total travel time minimization.

A Study on Collaborative Demand Planning for Effective Supply Chain Management (SCM 구축을 위한 협업적 수요예측 모형 개발 - 통신장비 제조산업의 협업 수요예측 실제 사례 모형 연구 -)

  • Kwon, Jae-Hyun;Park, Sang-Min;Nam, Ho-Ki
    • IE interfaces
    • /
    • v.17 no.1
    • /
    • pp.84-92
    • /
    • 2004
  • We have discussed the importance of collaborative forecasting and the difficulties that can arise during its implementation. We have also proposed the detail process of collaborative forecasting and the system requirement on each step of the process so that the proposed detail process can be easily applied to real life scenario. Lastly, we have talked about a case study of a telecommunication equipment manufacturer that has implemented the proposed collaborative forecasting process that verify the feasibility of the process.

A Study on the HSCM Capabilities which Affect Usage Intention of Logistics Collaboration (물류공동화 사용의도에 영향을 미치는 의료공급사슬관리 경쟁역량 연구)

  • Jung, Dae Hyun;Kim, Jin Sung
    • The Journal of Information Systems
    • /
    • v.31 no.2
    • /
    • pp.179-196
    • /
    • 2022
  • Purpose The purpose of this study is to examine what expectations and mediating factors are needed as variables necessary for the intention to use logistics hollowing out, and at the same time, what factors strengthen medical SCM competitiveness. In order to develop competitive competency variables for medical institutions that affect the intention to use logistics cavitation, we would like to examine the key success factors applying AHP model analysis. Design/methodology/approach For AMOS analysis, we conducted an online survey of four universities and analyzed 212 samples. The analysis method used SPSS, and AMOS. We proposed several factors categorized as reliability, SCM advance, and scalability. Findings The results showed that all proposed variables (competitive competencies for HSCM, expected performance) had a significant impact on intention of physical distribution cooperation. According to the measurement methods proposed in this study, key success factors for strengthening the capacity of HSCM can increase the need for physical distribution cooperation through expected performance.