• Title/Summary/Keyword: Supply Chain Flexibility

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The Relationship Between Supply Chain Competences, Capability, and Fim Performance: A Supply Chain Agility (공급사슬 역량과 능력 그리고 기업성과 간의 관계: 공급사슬의 민첩성을 중심으로)

  • Kang, Sung-Bae
    • Knowledge Management Research
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    • v.13 no.2
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    • pp.95-109
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    • 2012
  • Changing customer expectation, global competition, and technological requirements force firms to develop agile supply chain capabilities sustaining competitive advantage and business success. To respond, firms are seeking to enhance supply chain agility across the inter-organizational, this study explores the relationship between supply chain competence and supply chain agility on firm performance. The research reviews literature on supply chain capability and classifies capability into two categories as competence and capability based on resource based view and dynamic capabilities. It describes a framework to explore the relationships among supply chain competence (IT flexibility, supply chain flexibility, shared value), supply chain capability (supply chain agility), and firm performance (supply chain performance). The purpose of this study is to find the determinants of supply chain agility and improving firm performance in the perspective of vendor companies. The results indicate strong, positive, and direct relationships between supply chain competence and supply chain agility. Supply chain agility have significant relationships with firm performance. Implication for future research and practice are offered.

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Development of a Composite Revenue Sharing-Quantity Flexibility Contract

  • Lumsakul, Pasuree;Luong, Huynh Trung
    • Industrial Engineering and Management Systems
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    • v.12 no.3
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    • pp.224-233
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    • 2013
  • In supply chain management, the supply contract can induce collaboration and coordination among the supply chain members in order to optimize supply chain performance. Numerous supply contracts have been examined; however, some difficulties related to the application of these contracts still occur. One of the solutions is to apply the composite supply contract which can assist in the supply chain coordination. This research examines the composite contract of the revenue sharing and quantity flexibility contracts in a two-stage supply chain, which comprises a retailer and a supplier. In this research, a mathematical model of the composite contract is developed; then, the applicability of the proposed composite contract is examined by investigating its capability in terms of supply chain coordination and profit allocation. In the numerical experiments, the composite revenue sharing-quantity flexibility contract showed that it is superior to both component contracts in terms of supply chain coordination and profit allocation among supply chain members.

Measurement and management of flexibility for the supply chain system (공급사슬시스템을 위한 유연성의 측정과 관리)

  • Jung, Jung-Woo;Lee, Young-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.643-650
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    • 2005
  • The object of this study is the development of a measuring framework for supply chain flexibility. Prior to treat supply chain flexibility, time flexibility, quantity flexibility, and cash-flow flexibility for each company are newly suggested. Especially, all developed measures can deal with the monetary point of view through various cost functions. Then weights of time flexibility, quantity flexibility, cash-flow flexibility are determined to find the effect of the level of flexibility in the supply chain. This is based on the relationship between the ratio of profit to revenue and value of three developed flexibility measures. To find the level of weight for each flexibility measure, neural network theory is used. Then the forecasting of the ratio of profit to revenue for all companies in the next period can be available. Therefore, all companies in the supply chain can control their operating processes to improve flexibility.

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Impact of Logistics Costs on Supply-Chain Flexibility Structure (물류비용을 고려한 공급사슬 유연성 구조에 관한 연구)

  • Nam, Jin Mo;Park, Kun Soo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.2
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    • pp.21-35
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    • 2014
  • As productions and deliveries of multiple products to multiple marketplaces have been increasingly popular, supply chain flexibility, which refers to an ability to deal with demand and capacity uncertainty, becomes an important issue in supply chain management. However, logistics costs have been largely neglected in the literature on supply chain flexibility structure. In this paper, we propose mathematical models to investigate the impact of the logistics costs on the optimal flexibility structure. We also conduct a simulation study and observe that logistics costs have a significant impact on the decision on supply chain flexibility structure. Such conclusion is also supported by the case study of a global car manufacturer, Honda Motors.

A Study on the SCM Strategy and Business Performance factors in Korean Enterprises focused on Partnership (우리나라 SCM 구축기업의 전략과 사업성과 결정요인에 관한 연구 -파트너십을 중심으로-)

  • Kim, Chang-Bong;Kwon, Seung-Ha
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.201-218
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    • 2009
  • This paper examined the supply chain management partnerships factors and business performance in Korean industry. As SCM got evolved, the importance of partnership and relationship among the SC members are increased. we should consider the following critical factors such as lead-time reduction, embedness, trust. The purpose of this study is to focus on partnership factors and flexibility to clarify with the Partnering experience which of the SCM factors contribute to business performance for the SCM firms. Based on the analysis of seventy cases, the following results were found. First, SCM operational factors of supply chain management have a positively significant influence on flexibility of supply chain management. Second, partnerships experience factors of supply chain management have a positively significant influence on flexibility of supply chain management. This study suggests that partnerships are main factors for the business performance. Especially, our empirical evidence shows that partnership experience can improve the influence on SCM operational factors and business performance.

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A Study on the Effect of Customer Integration and Market Orientation on the Uncertainty and Flexibility of Supply Chain and Management (고객통합과 시장 지향성이 공급사슬 불확실성과 유연성 및 경영성과에 미치는 영향에 관한 연구)

  • Jung, He-Kyung;Boo, Jeman
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.4
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    • pp.178-189
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    • 2020
  • The purpose of this study was to analyze structural relationships with regard to the effect of customer integration, which is a type of integration in the supply chain, and market orientation of supply chain on the resulting change in the supply chain and management performance. The results of analysis in this study are as follows: First, customer integration and market orientation had a positive effect on reducing the flexibility and uncertainty of SCM. The decreased flexibility and uncertainty of SCM had a positive effect on non-financial performance, which also had a positive effect on financial performance. Second, customer integration and market orientation had a positive effect on financial and non-financial performance indirectly by decreasing the flexibility and uncertainty of SCM. Third, the effect of customer integration and uncertainty of SCM on the flexibility of SCM changed depending on the position in the supply chain; the effect was larger in the distribution group. The implications based on the analysis results are as follows: It is expected that the ability to deal with market changes in the overall supply chain is improved by laying the foundation for cooperation through establishing information infrastructure, including sharing information with trade partners and integrating systems, and implementing customer integration based on these achievements. It is also necessary to consider the business types and characteristics of individual companies in establishing information infrastructure.

Adaptive Supply Chain Management under Severe Supply Chain Disruption: Evidence from Indonesia

  • ONGKOWIJOYO, Gracia;SUTRISNO, Timotius F.C.W.;TEOFILUS, Teofilus;HONGDIYANTO, Charly
    • Journal of Distribution Science
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    • v.18 no.11
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    • pp.91-103
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    • 2020
  • The recent Covid-19 outbreak has caused severe disruption of the global supply chain, which tests firms' ability to survive and build resilience. The concept of adaptive supply chain management (A-SCM) has never been tested against a severe supply chain disruption, such as a pandemic. Purpose: The aim of this study is to examine how firms in Indonesia develop resilience through the implementation of components of adaptive supply chain management, namely risk management, resource reconfiguration and supply chain flexibility, in order to survive severe supply chain disruption. Research design, data and methodology: A qualitative method and PLS-SEM were used to analyze 120 data collected from Indonesian manufacturing firms in various industries. Results: The findings show that risk management, resource reconfiguration, and supply chain flexibility are important components that make up A-SCM. However, only risk management contributes to help build firm resilience in the presence of severe supply chain disruption. Conclusions: The components of A-SCM have been empirically tested. The implication is that managers should carefully use RM to prepare firms for different scenarios to develop contingency strategies. This research contributes to the supply chain management body of knowledge in the context of pandemic-level disruption and broadens the dynamic capabilities perspective.

Impact of ICT Capability on Real Time Enterprise Capability and Supply Chain Performance (ICT 활용 역량이 실시간기업(RTE)역량과 공급사슬 성과에 미치는 영향)

  • Kim, Seungki;Park, SoHyun;Noh, Hyeyoung;Kim, Seung-Chul
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.1
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    • pp.110-122
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    • 2020
  • Many companies make considerable efforts in implementing supply chain management systems to increase their competitiveness. In particular, there are significant investments in their ICT (Information and Communication Technology) and supply chain. However, considerable diversity exists in how well firms have been able to assimilate ICT and leverage the business value of it. In addition, studies on supply chains, particularly Real Time Enterprise (RTE) competence, which is cited for rapid information sharing and dynamic capabilities for each role in the supply chain, are insufficient. The purpose of this paper is to explore and evaluate effect of ICT utilization capabilities, including 'ICT internal cooperative capabilities' and 'ICT operational flexibility capabilities', on RTE capabilities (flexibility, visibility and prediction) and supply chain performance. To validate the research model proposed in the study, survey was conducted on companies using ICT along the supply chain of manufacturing industries. 216 data were used, SPSS and AMOS were used for the analysis methods. Study results showed that ICT internal collaboration capabilities affect agility, one of RTE capabilities, but not visibility and prediction, and ICT operational flexibility capabilities have affected all three RTE capacities. And, RTE capabilities had a huge impact on supply chain performance as expected. In this paper, it has been found that the ICT capabilities in manufacturing are an important factor in improving RTE capabilities that are important in the supply chain and improving the performance of the supply chain.

Evaluation Criteria for Efficient Coordination in Supply Chain (공급사슬의 효율 향상을 위한 평가기준에 관한 연구)

  • Kim Woo Hyun;Ahn Sun Eung
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.177-187
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    • 2002
  • In this paper, we consider a multi-factor, multi-cause decision making problem of supply chain. And we show how to measure the operational efficiency of the components in supply chain and also how to improve the efficiency of each component and whole supply chain. As a methodology, the data envelopment analysis (DEA) is adopted to measure the efficiency by considering weight factors such as flexibility, information sharing, logistics level, etc. The proposed algorithm allows whole supply chain to have the improved efficiency rate.

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Exploratory study on the relationship between supply chain performance and ICT capabilities (공급사슬성과와 정보기술역량 간의 관계에 관한 탐색적 분석)

  • Oh, Soojung;Oh, Kwangsik
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.4
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    • pp.755-767
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    • 2014
  • Recently, many firms have introduced information and communication technology (ICT) into supply chain. However, existing studies have not yet insisted definite conclusion with respect to ICT impact on supply chain. Thus, this study subdivides supply chain performance which previous researchers have studied comprehensively while suggesting perspective of the use of firm's ICT capabilities. We classify ICT capabilities into four types of group and then analyze the difference between groups regarding each factor of supply chain performance by ANOVA analysis and Tukey method. As a result of analysis, the group in which all ICT capabilities are high shows the highest level of integration and flexibility performance among supply chain performances. On the other hand, the group in which all ICT capabilities are low presents the lowest level of integration and flexibility performance. We also provide more precise and specific information with practitioners by analyzing the difference between groups with regard to detailed measurements on integration and flexibility variables.