• Title/Summary/Keyword: Supply Management

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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.

Estimation of Potential Wood Supply by according to Geographical and Forest Management Conditions in Korea (지리 및 임업경영 여건을 고려한 유형별 목재공급 잠재량 추정)

  • Won, Hyun-Kyu;Jang, Kwang-Min;Kim, Youngh-Wan;Lee, Kyeong-Hak;Kim, Hyung-Ho
    • Journal of agriculture & life science
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    • v.45 no.3
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    • pp.35-41
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    • 2011
  • The objective of this study was to estimate domestic potential wood supply according to geographical and forest management conditions. In order to separate available wood supply area, analysis was conducted by separating natural, theoretical, geographical and technical supply area. Natural supply area was separated by extract stocked land from forest using digital stock map. Theoretical, geographical and technical supply area was separated by considering protection area, slope, streamside and road. Growing stock was calculated by using species and age-class of digital stock map. Potential wood supply was estimated by calculating growing stock of technical supply area. The results of growing stock of each supply area was shown that growing stock was from 244,150 to 596,248 thousand $m^3$. According to the results of this study, it was found that potential wood supply are likely to be over- or underestimated depending on the considered level of geographical and forest management conditions. Provincial potential wood supply was highly ranked in order of Gyeongbuk, jeonnam, Gyeongnam and Gangwon province.

Study on the Execution of Green Logistics and Supply Chain Integration for by 3PL for Manufacturing Companies (3PL을 활용한 제조기업 공급사슬통합 및 녹색물류 실행을 위한 실증적 연구)

  • Lim, Janghyuk;Han, Young-Geun
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.233-243
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    • 2013
  • As companies were concerned with developing green logistics and environment, most logistics concerned functions like packaging, loading, storage, transportation and IT studies are active in study. Even if active in research studies, companies still recognized that logistics cost increases as green concepts are applied. For the efficient execution of green logistics management, it is absolutely necessary but difficult to build an optimal logistics system where each function is smoothly interacted through the proper integration and the link of various logistics functions and partners. This study aims to development of green logistics through integration of supply chain functions and partners. With this aim of study, case studies with analysis of embodiment, planning and operations for supply chain of companies are carried out.

Mutual Preferences based Design for Coordinated Production and Distribution on Supply Chain Network (Supply Chain Network 구성요소들의 양방향 선호도를 고려한 생산/분배 통합 모형)

  • Chung Buyng-Hee;Choi Jung-Il
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2002.05a
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    • pp.734-741
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    • 2002
  • The importance of efficient Supply Chain Management is increasing in accordance with recent industrial environment, such as globalization of business, complexity and diversity of company's management structure, and variety of customer's demand. In a rapidly changed environment of business, quick and efficient decision making is the important matter to the survival of the company. The purpose of this study supports decision making for efficient supply chain management. In this study, we consider simultaneously and mutually reflecting the preference of each constituent (Supplier, Manufacturing plant, Distribution center, Customer) on supply chain network, and decide company's strategic choice and coordinated production/distribution models of company. The Analytical Hierarchy Process is used for decision making of qualitative and quantitative elements. We use the results of AHP as inputs and propose mathematical models thru Mixed Integer Programming.

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Impact of Supply Chain Innovation and Risk Management Capabilities on Competitive Advantage at Steel Trading Companies in Vietnam

  • It Van NGUYEN
    • Journal of Distribution Science
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    • v.21 no.5
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    • pp.43-51
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    • 2023
  • Purpose: The current research investigates the beneficial impacts of supply chain innovation and risk management on the competitive advantage of organizations, based on the resource-based theory (RBT) framework. Research Design, Data, and Methodology: 14 survey items were included in the study's questionnaire, utilizing a random sampling technique to gather data from 239 leaders and managers employed by various steel trading firms in Vietnam. In order to validate the data and examine relationships, the collected data is analyzed using structural equation modeling, confirmatory factor analysis, and reliability analysis via SPSS 22.0 and AMOS 22.0 software. A fictitious system has been suggested. Results: According to the findings, the most positive influence on competitive advantage is supply chain innovation, followed by risk management capability, having the second greatest positive influence. Conclusions: Some conclusions are drawn based on the research's findings in order to assist managers in realizing the significance and necessity of giving attention to supply chain innovation and improving risk management capabilities, both of which are essential components for achieving the competitive advantage of an organization.

The Development of The Integrated Inventory Management System using SCM and Intranet (SCM(Supply Chain Management)과 Intranet을 이용한 통합재고관리시스템(IIMS)의 개발)

  • 부민호;박윤선
    • The Journal of Society for e-Business Studies
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    • v.3 no.2
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    • pp.203-217
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    • 1998
  • Supply chain management is defined as "an integrative philosophy to manage the total flow of a distribution channel from the supplier to the ultimate user". There are many differences between traditional systems and supply chain management systems, There are so many advantages applying SCM concept in inventory management field from the viewpoint of information sharing. While each firm try to optimize the inventory individually in traditional systems, SCM focus on optimizing the channel-wide-inventory making effort to reduce the inventory interrelatedly, The more complex your network of suppliers, manufacturers, and distributors, the more you are likely to gain operational efficiencies by attending on inventory management. The inventory stockpiles at the various sites, including both incoming materials and finished products, have complex interrelationships. Efficient and effective management of inventory throughout the supply chain significantly improves the ultimate service provided to the customer. The purpose of this thesis is to develop the integrated inventory management system for the control of channel-wide inventory on the intranet by applying SCM concept.

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SUPPLY CHAIN MANAGEMENT SYSTEM FOR CURTAIN WALLS USING RFID TECHNOLOGY

  • Sangyoon Chin;Suwon Yoon;Yea-Sang Kim;Cheolho Choi;Do-Bum Lee
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1022-1027
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    • 2005
  • This research presents a collaborative supply chain management system for curtain walls using Radio Frequency IDentification (RFID) to track the product and information flow among participants in high-rise building construction projects. This resarch developed a process model and a strategy for effective utilization of RFID technology through the curtain wall life-cycle. Then an information management system was developed to support the supply chain management of curtain walls with incorporating RFID into curtain wall products flow throughout the life-cycle. The system has been tested for validation and verification in a real world project.

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Competitive Environment, Strategy, and Performance in the Supply Chain Network as Complex Adaptive System; Conceptualization for Adaptability and Mediating Role for Combinative Capability (복합적응시스템으로서 공급사슬네트워크의 환경, 전략, 그리고 성과에 관한 연구: 적응성의 개념화 및 조합적 경쟁역량의 매개적 역할을 중심으로)

  • Lee, Joung-Ho;Ryu, Choon-Ho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.67-89
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    • 2007
  • This study addresses manufacturers' ability to influence their supply chain network in order to adapt to their competitive environment. From the perspective of a manufacture, the supply chain comprises a network of suppliers and customers, and is theoretically viewed as a complex adaptive system. This study considers the following questions: (1) How can adaptability of supply chain network be operationally defined? (2) How does adaptability of supply chain network lead to combinative capabilities? (3) What is the influence of adaptability of supply chain network on business performance? Drawing on literature streams in supply chain management, operations strategy, organizational change and learning, and complexity theory, this study develops and tests the constructs and operational measures of adaptability of supply chain network and model the nomological set of relationships among constructs that form the basis of our theory. This study then develops and tests a model describing the outcomes of adaptability of supply chain network and its influence on combinative capability and business performance. Empirical results of this study show that adaptability supply chain network directly and positively affects combinative capability. Further, this study finds that adaptability of supply chain network does not impact business performance directly, but rather is mediated through combinative capability, which provides the requisite variety for firms to survive and thrive in dynamic environments.

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A Strategic Implementation of e-SCM(Supply Chain Management) for the Development of e-Business (e-Business활성화를 위한 e-SCM의 전략적 구축)

  • Lee, Shin-Kyuo
    • The Journal of Information Technology
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    • v.9 no.1
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    • pp.65-79
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    • 2006
  • e-Marketplace is a business concept which is importantly considered in the area of marketing. e-Marketplace provides the public field in which multi-purchasers can efficiently trade with multi-suppliers. Supply Chain Management(SCM) is being widely acknowledged by the development of information technology. SCM is well known as one of the key issues lately. The complexity of supply chains and the associated potential opportunities for gaining a competitive edge by designing a product and process to support supply chain management can be significant. In order to achieve successful implementation of supply chain management system, companies should understand some barriers in implementation and set up effective and integrated information system. Standardization of logistics is needed through the unification of EDI, Bar Code, Pallet and so on. It's effect is magnified on Efficient Consumer Response such as efficient store assortment, efficient replenishment, efficient promotion and efficient product introduction. International logistics management is the integration of key business processes from original suppliers to end user that provides products, services and information that add value for customers. e-Logistics is being used in managing the international logistics. In this study, three basic e-SCM models for the strategic implementation of supply chain management are suggested. Among them, the virtual company can be the best one we can develop in order to cope with the individualized customer needs.

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Inventory Policies for Multi-echelon Serial Supply Chains with Normally Distributed Demands (정규분포를 따르는 다단계 시리얼 공급사슬에서의 재고 정책)

  • Kwon, Ick-Hyun;Kim, Sung-Shick
    • Journal of the Korea Safety Management & Science
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    • v.8 no.3
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    • pp.115-123
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    • 2006
  • The main focus of this study is to investigate the performance of a clark-scarf type multi-echelon serial supply chain operating with a base-stock policy and to optimize the inventory levels in the supply chains so as to minimize the systemwide total inventory cost, comprising holding and backorder costs as all the nodes in the supply chain. The source of supply of raw materials to the most upstream node, namely supplier, is assumed to have an infinite raw material availability. Retailer faces random customer demand, which is assumed to be stationary and normally distributed. If the demand exceeds on-hand inventory, the excess demand is backlogged. Using the echelon stock and demand quantile concepts and an efficient simulation technique, we derive near optimal inventory policy. Additionally we discuss the derived results through the extensive experiments for different supply chain settings.