• Title/Summary/Keyword: Supply chain modeling

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A Study on Determination of Factory Production Capacity in the Supply Chain Considering Uncertain Demand (불확실한 수요를 고려한 공급사슬의 공장생산용량 결정에 관한 연구)

  • 지요한;임석진;김경섭
    • Journal of the Korea Society for Simulation
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    • v.12 no.1
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    • pp.35-48
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    • 2003
  • This paper suggests the long-term strategy of the production distribution planning considering the capacity of factory production and the uncertain demand in a supply chain. This paper determines the near optimal capacity of factory production by using the advantages of mathematical and simulation models. Also, the relationship between the capacity from the suggested model and the strategy of production and distribution in a supply chain is studied. Arena is used for modeling and analysis.

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Optimization of Agri-Food Supply Chain in a Sustainable Way Using Simulation Modeling

  • Vostriakova, Viktorija;Kononova, Oleksandra;Kravchenko, Sergey;Ruzhytskyi, Andriy;Sereda, Nataliia
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.245-256
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    • 2021
  • Poor logistical infrastructure and agri-food supply chain management leads to significant food waste in logistic system. The concept of the sustainable value added agri-food chains requires defined approach to the analysis of the existing situation, possible improving strategies and also assessment of these changes impact on further development. The purpose of research is to provide scientific substantiation of theoretical and methodological principles and develop practical recommendations for the improvement of the agri-food logistics distribution system. A case study methodology is used in this article. The research framework is based on 4 steps: Value Stream Mapping (VSM), Gap and Process Analysis, Validation and Improvement Areas Definition and Imitation Modelling. This paper presents the appropriateness of LEAN logistics tools using, in particular, Value Stream Mapping (VSM) for minimizing logistic losses and Simulation Modeling of possible logistics distribution system improvement results. The algorithm of VSM analysis of the agri-food supply chain, which involves its optimization by implementing the principles of sustainable development at each stage, is proposed. The methodical approach to the analysis of possible ways for optimizing the operation of the logistics system of the agri-food distribution is developed. It involves the application of Value Stream Mapping, i.e. designing of stream maps of the creation of the added value in the agri-food supply chain for the current and future state based on the minimization of logistic losses. Simulation modeling of the investment project on time optimization in the agri-food supply chain and economic effect of proposed improvements in logistics product distribution system functioning at the level of the investigated agricultural enterprise has been determined. Improvement of logistics planning and coordination of operations in the supply chain and the innovative pre-cooling system proposed to be introduced have a 3-year payback period and almost 75-80% probability. Based on the conducted VSM analysis of losses in the agri-food supply chain, there have been determined the main points, where it is advisable to conduct optimization changes for the achievement of positive results and the significant economic effect from the proposed measures has been confirmed. In further studies, it is recommended to focus on identifying the synergistic effect of the agri-food supply chain optimization on the basis of sustainable development.

An Empirical Study on the Effect of Trust between Firms in the Supply Chain on Agility and Logistics Performance

  • Soohyo KIM;Changjoon LEE;Byoung Chun HA
    • Journal of Distribution Science
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    • v.22 no.7
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    • pp.95-106
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    • 2024
  • Purpose: This study explores the effect on supply chain agility and logistics performance of building mutual trust between manufacturing companies that have adopted supply chain management. Previous studies have categorized trust into affective and cognitive types, and speed, flexibility, and responsiveness are recognized as subfactors of supply chain agility. Methodology: A survey gathered responses from employees of domestic manufacturing firms with supply chain management implementations. 254 valid responses underwent statistical analysis using structural equation modeling (SPSS 23.0 and AMOS 23.0). Results: Affective trust positively influences speed and responsiveness but not flexibility. Cognitive trust positively affects speed, flexibility, and responsiveness. Supply chain agility positively impacts logistics performance. However, neither affective nor cognitive trust significantly influences logistics performance. Conclusions: The study suggests that cognitive trust based on capabilities is more important than affective trust for flexibility in corporate relationships, a subfactor of supply chain agility. However, trust alone cannot enhance corporate performance. This research is significant as it examines the roles of trust and agility in the context of the COVID-19 pandemic, which has exacerbated the manufacturing business environment.

The mediating effect of innovation and information sharing, in the relationship between the strategic supply chain and the supply chain performance of the raw material export-import firm (원자재 수출입 기업의 전략적 공급사슬지향성과 공급사슬 성과의 관계에서 혁신활동과 정보공유 활동의 매개역할)

  • Cho, Yeon Sung
    • International Commerce and Information Review
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    • v.17 no.1
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    • pp.193-214
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    • 2015
  • This study was conducted to explore the impact of the strategic supply chain orientation on the supply chain performance of raw materials export-import firms. In addition, this study analyzed the mediated effect of innovation and information sharing between the strategic supply chain orientation and supply chain performance of the firms. In the research model of this study considered the strategic supply chain orientation, innovation, information sharing and supply chain performance as the characteristics of the raw materials export-import firms by dividing the learning performance and market performance. The sample firms be analyzed were 445 firms. The 7 hypothesis including moderated effect were analyzed by using LISREL as structural equation modeling. According to the path analysis, the strategic supply chain orientation had a positive impact on the innovation activity. However, it did not have a positive influence on the information sharing. In the analysis of the mediated effect, the innovation activity of supply chain showed a full mediated effect between the strategic supply chain orientation and the information sharing. And the information sharing showed a partial mediated effect between the strategic supply chain orientation of these firms and the supply chain performance.

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A New Dynamic Auction Mechanism in the Supply Chain: N-Bilateral Optimized Combinatorial Auction (N-BOCA)

  • Choi, Jin-Ho;Chang, Yong-Sik;Han, In-Goo
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2005.11a
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    • pp.379-390
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    • 2005
  • In this paper, we introduce a new combinatorial auction mechanism - N-Bilateral Optimized Combinatorial Auction (N-BOCA). N-BOCA is a flexible iterative combinatorial auction model that offers optimized trading for multi-suppliers and multi-purchasers in the supply chain. We design the N-BOCA system from the perspectives of architecture, protocol, and trading strategy. Under the given N-BOCA architecture and protocol, auctioneers and bidders have diverse decision strategies for winner determination. This needs flexible modeling environments. Hence, we propose an optimization modeling agent for bid and auctioneer selection. The agent has the capability to automatic model formulation for Integer Programming modeling. Finally, we show the viability of N-BOCA through prototype and experiments. The results say both higher allocation efficiency and effectiveness compared with I-to-N general combinatorial auction mechanisms.

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A Design of the Semantic Web for Collaborative Agents in Supply Chain Formation (공급사슬구성에서 협력적 에이전트를 위한 시맨틱 웹 설계)

  • Kim, Hyun-Soo;Cho, Jae-Hyung;Choi, Hyung-Rim;Hong, Soon-Goo
    • The Journal of Information Systems
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    • v.13 no.2
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    • pp.135-153
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    • 2004
  • The formation of a supply chain should be approached with distributive viewpoint considering the dynamic nature of ordering environments. The purpose of this paper is to design a semantic web to support agent negotiation forming supply chains. With the view of a supply chain as composed of competitive agents which represent each member of supply chains with a local goal, a supply chain is formed through negotiation of price, due date choosing partners to contract. In the development of a negotiation method, we employ ontology and rules which are the basic techniques of the semantic web for supporting automated negotiations. Especially, a framework for a negotiation process is suggested and domain, processes and rules ontology are designed interrelatedly. With this modeling, a possibility of the semantic web based agent negotiation is suggested.

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Effect of Information Sharing on Dimensions of Trust and Logistics Performance

  • Changjoon LEE;Young-Kyou HA
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.123-131
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    • 2024
  • Purpose: This study aims to empirically analyze the effect of information sharing on the two dimensions of trust and logistics performance in the relationship between firms in the supply chain. Research design, data and methodology: In this study, information sharing is a variable for information competency of the entire supply chain. Moreover, we classified trust into quantitative and qualitative trust and analyzed the two paths through which information sharing reaches logistics performance. To examine these correlations, we conducted a survey among professionals in supply chain-related departments in South Korea. Based on 350 completed questionnaires, we tested the hypotheses with structural equation modeling using SPSS 18.0 and AMOS 18.0. Results: We found that information sharing has a significant positive effect on trust and logistics performance, which is a typical index of supply chain performance. These results show that information itself is considered a partner to a firm's competencies in operating the supply chain and plays a major role in forming the other's competencies and trust for the present and future. Conclusions: As these competencies and trust consequentially affect logistics performance, supply chain managers must pay attention to the importance of information competency and consider ways of promoting it to improve logistics performance across the entire supply chain.

Policy Safety Stock Cost Optimization : Xerox Consumable Supply Chain Case Study (정책적 안전재고의 비용 최적화 : 제록스 소모품 유통공급망 사례연구)

  • Suh, Eun Suk
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.5
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    • pp.511-520
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    • 2015
  • Inventory, cost, and the level of service are three interrelated key metrics that most supply chain organizations are striving to optimize. One way to achieve this goal is to create a simulation model to conduct sensitivity analysis and optimization on several different supply chain policies that can be implemented in actual operation. In this paper, a case of Xerox global supply chain modeling and analysis to assess several "what if" scenarios for the consumable policy safety stock is presented. The simulation model, combined with analytical cost model and optimization module, is used to optimize the policy safety stock level to achieve the lowest total value chain cost. It was shown quantitatively that the policy safety stock can be reduced, but it is offset by the inbound premium transportation cost to expedite supplies in shortage, and the outbound premium transportation cost to send supplies to customers via express shipment, requiring fine balance.

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.

Impact of Supply Chain Digital Transformation on Corporate Performance (공급망 디지털 전환이 기업 성과에 미치는 영향)

  • Kyung-Ihl Kim;Seong-Hyo Lee
    • Advanced Industrial SCIence
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    • v.3 no.3
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    • pp.1-7
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    • 2024
  • The purpose of this study is to investigate how supply chain digital transformation affects corporate performance by building supply chain agility and innovation capabilities based on the resource-based view (RBV) theory. The model was verified using structural equation modeling based on a data set of 271 domestic companies, and mediation and moderation analyzes were performed to test the research hypotheses. The study found a positive correlation between supply chain digital transformation and corporate performance that is fully mediated by both supply chain agility and innovation capability, with the potential for the interaction between supply chain agility and innovation capability to have adverse consequences for corporate performance. This study is expected to advance our understanding on the antecedents of corporate performance by integrating supply chain digital transformation and the mediating mechanisms of supply chain agility and innovation capabilities that serve as a conduit between supply chain digital transformation and RBV-based corporate performance.