• 제목/요약/키워드: Supply chain performance

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Supply Chain Network Design Considering Environmental Factor and Transportation Types

  • Yun, YoungSu
    • Journal of Korea Society of Industrial Information Systems
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    • v.23 no.5
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    • pp.33-41
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    • 2018
  • Most important thing when designing and implementing a supply chain network is to consider various problems which may occur in real world situation. In this paper, we propose a supply chain network considering two problems (environmental factor and transportation types) under real world situation. CO2 emission amount as environmental factor is considered since it is usually generated from production and transportation processes. Normal delivery, direct delivery and direct shipment as transportation types are also considered since many customers ask various transportation types for delivery or shipment of their products under on-line or off-line purchase environment. The proposed supply chain network considering environmental factor and transportation types is represented in a mathematical formulation and implemented using hybrid genetic algorithm (HGA) approach. In numerical experiments, several scales of supply chain networks are presented and implemented using HGA approach. The performance of the HGA approach is compared with those of some conventional approaches under various measures of performance. Finally, it is proved that the performance of the HGA approach is superior to those of the others.

An Empirical Study on the Smart Technology Acceptance and Global Supply Chain Innovation in Korean Small and Medium Trading Companies - Focusing on the Key Technologies of 4th Industrial Revolution - (한국 중소수출입기업의 스마트기술 수용과 글로벌공급사슬혁신에 관한 실증적 연구 - 4차 산업혁명 핵심기술을 중심으로 -)

  • Chung, Jae-Eun;Moon, Hee-Cheol
    • Korea Trade Review
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    • v.44 no.4
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    • pp.169-188
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    • 2019
  • This study aims to analyze the effects of the smart technologies acceptance on global supply chain innovation and export performance in Korean small and medium trading companies. As the world prepares for the advent of the 4th industrial revolution the level of smart technology acceptance by Korean small and medium trading companies has not yet reached the level that is compatible with the change of international paradigm. In this respect, this study aims to promote the acceptance of smart technologies and suggest a need of more practical policy for securing international market competitiveness through innovation of global supply chain structure of Korean trading companies. According to the empirical research results, the smart technology acceptance had a significant effect on both the internal supply chain innovation and the export performance. Also, the external supply chain innovation significantly affected export performance. These results suggested that Korean trading companies need to be more active and positive in accepting smart technology so that they can gain more competitive advantage in the 4th industrial revolution era.

Secure and Scalable Blockchain-Based Framework for IoT-Supply Chain Management Systems

  • Omimah, Alsaedi;Omar, Batarfi;Mohammed, Dahab
    • International Journal of Computer Science & Network Security
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    • v.22 no.12
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    • pp.37-50
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    • 2022
  • Modern supply chains include multiple activities from collecting raw materials to transferring final products. These activities involve many parties who share a huge amount of valuable data, which makes managing supply chain systems a challenging task. Current supply chain management (SCM) systems adopt digital technologies such as the Internet of Things (IoT) and blockchain for optimization purposes. Although these technologies can significantly enhance SCM systems, they have their own limitations that directly affect SCM systems. Security, performance, and scalability are essential components of SCM systems. Yet, confidentiality and scalability are one of blockchain's main limitations. Moreover, IoT devices are lightweight and have limited power and storage. These limitations should be considered when developing blockchain-based IoT-SCM systems. In this paper, the requirements of efficient supply chain systems are analyzed and the role of both IoT and blockchain technologies in providing each requirement are discussed. The limitations of blockchain and the challenges of IoT integration are investigated. The limitations of current literature in the same field are identified, and a secure and scalable blockchain-based IoT-SCM system is proposed. The proposed solution employs a Hyperledger fabric blockchain platform and tackles confidentiality by implementing private data collection to achieve confidentiality without decreasing performance. Moreover, the proposed framework integrates IoT data to stream live data without consuming its limited resources and implements a dualstorge model to support supply chain scalability. The proposed framework is evaluated in terms of security, throughput, and latency. The results demonstrate that the proposed framework maintains confidentiality, integrity, and availability of on-chain and off-chain supply chain data. It achieved better performance through 31.2% and 18% increases in read operation throughput and write operation throughput, respectively. Furthermore, it decreased the write operation latency by 83.3%.

A Study on the Management Performance Depends on the Supply Chain Structure (공급사슬구조에 따른 경영성과에 관한 연구)

  • Jang Hyeong-Wook;Lee Sang-Shik
    • Journal of Korea Society of Industrial Information Systems
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    • v.10 no.4
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    • pp.110-119
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    • 2005
  • This study develops three dimensions of a supply chain structure (i.e., supply network, conversion network, distribution network) and proposes a balanced scorecard (BSC) model in order to measure management performance. We may conclude that management performance depends on the supply chain structure, and performance of distribution network is better than that of supply and conversion networks based on the result of Scheff multi-comparison.

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An Empirical Analysis of the Effect of Operations Performance on Financial Performance (오퍼레이션스 성과와 재무성과 간의 인과관계에 대한 실증분석)

  • Kim, Younghoon;Pyun, Jebum;Kim, DaeSoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.57-73
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    • 2015
  • While many previous studies investigated the effect of operations performance on financial performance, most studies considered only a few performance indicators and ignored the characteristics of industries. Therefore, this study intends to analyze the effect of operations performance on financial performance, by selecting a rather comprehensive operations performance indicators from firms' financial data. In doing so, we used operating efficiency and supply chain performance indicators for operations performance and a firm's profitability and future value indicators for financial performance. For the analysis, we collected 544 firms' operations and financial performance data belonging to eight key industries from the 'Forbes Global 2000'. We first analysed the differences in operations and financial performance among high, medium and low supply chain performance groups based on the quantitative criteria of Gartner's 'Supply Chain Top 25' ranking procedure. Then we analysed the effect of operations performance indicators on financial performance for both entire industry and individual industries, using multiple regression. Based on the results, we provided practical insights into key operations performance indicators to focus on and manage in order to improve financial performance.

The Effects of Logistics Service Quality and Relationship Orientation on Supply Chain Performance - Focusing on Delivery Quality of 3PL Firms - (물류서비스품질과 관계지향성이 공급사슬성과에 미치는 영향 - 3PL 기업의 물류배송품질을 중심으로 -)

  • Park, Yi-Suk;Cho, Geon;Ryu, Il
    • Journal of Korean Society for Quality Management
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    • v.37 no.3
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    • pp.102-122
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    • 2009
  • In this study, we will conduct an empirical study to see how the 3PL firm's logistics service quality and relationship orientation affects the supply chain performance. To examine the research model and hypotheses, we have used an empirical method based on the field survey in which most of measurements used and verified in previous studies are selected as measurements. The results of our empirical study can be summarized as follows: First, it can be shown that higher level of logistics service quality not only affects satisfaction and relationship orientation positively, but also improves supply chain performance. Second, it can be also shown that satisfaction for logistics service quality affects relationship orientation between shipper and 3PL firm positively. Finally, it can be shown that relationship orientation affects supply chain performance positively. This paper presents much implications both theoretical and practical side.

A Study on the Effect of SCM Operational Change Factors on Management Performance through SCM Components (IT system, HR) (SCM 운영변화요인이 SCM 구성요소(IT시스템, HR)을 매개로 경영성과에 미치는 영향에 관한 연구)

  • Kim, Min-Kyung;Lee, Da-sol;Kim, Won-Kyo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.1
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    • pp.87-109
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    • 2020
  • Supply chain management can be defined as an information system that connects the inside and outside of a company. Its purpose is to systematically and strategically manage the flow of information, resources and services to improve the long-term performance of the entire organization, including individual companies connected to the supply chain, and the quality of service provided to customers. The ultimate goal of SCM is to create synergy through organic integration of supply and demand based on cooperation and collaboration with stakeholders in the supply chain. This study is based on the hypothesis that the company's management performance will improve as the level of SCM improves. Most of the previous studies dealt with the relationship between corporate performance and SCM in the IT area. In this study, research was conducted through human capacity with IT system. The causal relationship was demonstrated, and there was a difference in the perception of the results of this study depending on whether or not smart factories were consulted in the era of the 4th Industrial Revolution. There is a need to examine the links between management's value chain and its causal relationship.

Green Human Resources Management and Its Impact on Supply Chain and Business Performance: An Empirical Study in Indonesia

  • MUAFI, Muafi;KUSUMAWATI, Rizqi Adhyka
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.1099-1107
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    • 2021
  • This study focuses on green human resources management (GHRM), which is currently a strategic issue in almost every service or manufacturing company, including courier service SMEs in Indonesia. This study intends to analyze the relationship between GHRM and supply chain organizational learning (SCOL), supply chain performance (SCP), and business performance (BP) still rarely studied. The population encompasses all courier service SMEs in the Special Province of Yogyakarta (DIY) and East Java, Indonesia. The study targets courier service SMEs that meet certain conditions; 130 SMEs responded from the target of 200 SMEs. Partial Least Square statistical technique is used. The results show that conventional HRM practices are increasingly being abandoned by courier companies in Indonesia, particularly in Special Province of Yogyakarta and East Java. Although GHRM has a negative and non-significant effect on BP, GHRM has a positive effect on SCOL and SCP. SCOL has a significant positive effect on SCP and BP. Furthermore, SCOL mediates the relationship between GHRM and SCP and SCOL mediates the relationship between GHRM and BP. Likewise, SCP has a positive effect on BP. In addition, SCP mediates the relationship between GHRM and BP. SCP also mediates the relationship between SCOL and BP.

Impact of Revenue Sharing Contract on the Performance of Vendor

  • Chungsuk RYU
    • The Journal of Industrial Distribution & Business
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    • v.14 no.9
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    • pp.21-30
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    • 2023
  • Purpose: Focusing on the role of the special contract to collaborate the supply chain operations, this study investigates how the revenue sharing contract affects the performance of Vendor Managed Inventory (VMI). Research design, data, and methodology: The optimization model is formulated to represent two stage supply chain system where the supplier and retailer manage the operations to maximize their own profits. Three supply chain models including the traditional system, VMI, and VMI with revenue sharing contract are compared in the numerical examples. Results: According to the numerical analysis, the entire supply chain system has greater profit under VMI than the traditional system, while VMI alone sacrifices the supplier's profit. With the proper sets of revenue share ratio and wholesale price discount rate, VMI with revenue sharing contract results in the increased profit for both supplier and retailer compared with VMI alone as well as the traditional system. Conclusions: The numerical examples imply that VMI, when it is combined with the revenue sharing contract, can be the effective collaboration program that satisfies every supply chain member. To make VMI with revenue sharing contract to be fair to all supply chain members, they need to agree on the appropriate contract content.

A Study on Measuring Supplier's Performance for a Supply Chain on New Products (신제품 공급사슬의 공급자 대응력 평가 연구)

  • Lee, Jung-Sub;Chang, Tai-Woo;Shin, Ki-Tae;Park, Jin-Woo
    • Journal of Information Technology Services
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    • v.8 no.4
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    • pp.115-128
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    • 2009
  • In today's changing environment where the product life-cycle is becoming shorter, enterprises are forced to introduce new products as rapidly as possible and to score a success in a market. It is important to manage suppliers who supply parts of the new products to satisfy variable demands. We suggest performance measures of flexibility for suppliers in new products environments. We analyzed the measures from literatures, SCOR (Supply Chain Operations Reference) model and several scorecards. A simulation study was made with the measures in order to understand adaptability of a supply chain. It could help a manufacturer make a decision of purchasing and find a bottleneck supplier.