• Title/Summary/Keyword: Value Chain Management

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The Effects of Inter-Organizational Relationship Characteristics on Supply Chain Agility: From the Supplier Perspective (조직간 관계특성이 공급사슬 민첩성에 미치는 영향에 관한 연구: 공급업체 관점으로)

  • Chang, Hwal-Sik;Kim, Chae-Jeong
    • The Journal of Information Systems
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    • v.21 no.3
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    • pp.187-214
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    • 2012
  • Supply chain management(SCM) helps firms in integrating their business by collaborating with other value chain partners to meet the unpredictable demand of the end user. Agility is the fundamental characteristic of a supply chain needed for survival in turbulent and volatile markets, which are becoming norms as product life cycles shorten and environmental forces create additional uncertainty resulting in higher risk in the supply chain management. Literature reviews reveals various factors that could affect the agility. The objective of this study is to derive interdependence, partnership, quality of information, joint problem solving, modelize the mutual influential relationship between them, and look into the influential relationship influencing the agility. To test the proposed model, we used a data set generated from survey. Date analysis was conducted using 122 respondents. We used structural equation model (SEM) implemented in partial least square(PLS). The results of this study can be summarized as follows. Interdependence had a significant impact on partnership. Partnership had a significant impact on quality of information and joint problem solving. Quality of information had a significant impact on joint problem solving. Quality of information and joint problem solving had a significant impact on agility. This study diagnoses that Inter-organizational relationship characteristics are important for supply chain agility. Inter-organizational relationship characteristics are considered as an essential factor for supply chain agility.

Design and Operation of Value Stream Mapping (VSM 설계와 운영방안)

  • Choi, Sung-Woon;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.8 no.6
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    • pp.149-157
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    • 2006
  • This paper suggests the design and operation of value stream mapping(VSM) applied to project management, such as R&D, IT Investment. First this study represents design methodology of VSM process using SIPOC(Supplier, Input, Process, Output, Costumer). Second, this paper considers the identification and improvement plan about non-added value time for VSM using FPC(Flow Process Chart) and PERT/CPM. Last, this paper proposes VSM scheduling method using PERT/CPM and CCPM(Critical Chain Project Management)

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.

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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The Decision Making Strategy for Determining the Optimal Production Time : A Stochastic Process and NPV Approach (최적생산시기 결정을 위한 의사결정전략 : 추계적 과정과 순현재가치 접근)

  • Choi, Jong-Du
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.1
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    • pp.147-160
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    • 2007
  • In this paper, the optimal decision making strategy for resource management is viewed in terms of a combined strategy of planting and producing time. A model which can be used to determine the optimal management strategy is developed, and focuses on how to design the operation of a Markov chain so as to optimize its performance. This study estimated a dynamic stochastic model to compare alternative production style and used the net present value of returns to evaluate the scenarios. The managers in this study may be able to increase economic returns by delaying produce in order to market larder, more valuable commodities.

A Simulation Study on the Transfer Effects of Decision Rights in a Supply Chain (공급사슬에서 의사결정권한의 이전효과에 대한 시뮬레이션 연구)

  • 박병인
    • Korean Management Science Review
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    • v.19 no.2
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    • pp.221-235
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    • 2002
  • Many people are getting more and more interested in the value of information sharing in a supply chain in proportion to the development of information technology in these days. In spite of much interest in the value of shared information, the related studies concluded that the effect of only sharing information strategy between upper and lower level is not large However, many related companies want to link each channel members in the supply chain with on-line to expect to reduce the cost by means of information sharing. This study wants to evaluate the alternative strategy to reduce more related costs than only sharing information strategy. This paper analyzed that how much the total supply chain cost is to change in the case of a transfer of decision rights from the lower (retailers) to the upper level (depot, vendor) in a supply chain. The decision rights mean the rights of being able to decide when to order, how much to order, where to order, and what mode to transport or distribute, etc. in a supply chain. By the experimental simulation study to the simple case, the strategy to share only information took the low effect of 1~2%, but the strategy to transfer the decision lights from the lower to the upper member had larger effect of about 5%. However. for the strategies to work well, it needs to cooperate closely among each supply chain members, and the fruits from the transfer of decision rights in a supply chain are allocated to each chain members reasonably Therefore, there needs to study in the future not only the exact transfer effect of decision rights, but the reasonable allocation method of the fruits among the chain members.

The Developing Strategy for Supply Chain Economics in the East Asia by Center of Gravity Technique (무게중심기법을 이용한 동아시아 공급망 경제(Supply Chain Economics) 발전 전략)

  • Kim, Tae-Ho;Bae, Jung-Mi;Choi, Woo-Seok;Kim, Jin-Cheol;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.13 no.3
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    • pp.123-132
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    • 2011
  • Supply chain for the economic development of East Asian economic development model, the study's purpose is to establish. Korea, Japan, China, Russia and Asia, including North Korea and get the status of economic development by focusing on key issues and proposed solutions, within a few years of the coming of a new East Asian economic integration of new supply chain would like to prepare for the era. Weight The weight of the center to the center of East Asia, looking for techniques to approach the supply chain scenario, the economic development strategies and measures were studied. East Asia's economic potential value of the supply chain, identify and recognize the importance and benefits should be Presents detailed country-specific development strategies and leading Asian economies will have to pay the supply chain. Republic of Korea's leading East Asian economies in order to supply the industry, industry development strategy as detailed in the running to move. North and South Korea for economic integration, the era of supply-chain economy, you need to prepare calmly.

Location Efficiencies of Host Countries for Strategic Offshoring Decisions Amid Wealth Creation Opportunities and Supply Chain Risks

  • Ma, Jin-Hee;Ahn, Young-Hyo
    • Journal of Korea Trade
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    • v.25 no.3
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    • pp.21-47
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    • 2021
  • Purpose - Offshoring has emerged as one of the major trends in international trade and has become one of the strategies for achieving competitiveness in the global market. In spite of this, the expected gains of offshoring can be offset by hidden costs and risks, such as those associated with the COVID-19 pandemic, the trade war between the USA and China, and the ongoing trade dispute between Korea and Japan. To obviate such business failure and prevent critical business blunders, offshoring strategies that efficiently consider both risk elements and potential wealth creation are urgently need. The first purpose of this study is to contribute to the development of more advanced offshoring strategies to help host countries select the best locations to manage supply chain risks and create unique value. The second purpose is to specifically analyze the current status of Korea and provide Korean companies with implications to be considered when deciding whether to offshore or re-shore. Design/methodology - A Network DEA model was applied to measure the comparative location efficiency of national competencies for offshoring strategy from perspectives of wealth creation opportunities (profitability and marketability) and supply chain risk management. The location efficiencies are compared among a total 70 countries selected from the Global Competitiveness Index (GCI) and globally attractive locations outlined by Kearney (2017). For the secondary analysis of efficiency, a t-test examining the nature of competitive advantage and the level of sophistication in production processes was implemented in three divisions. We then analyzed differences in offshoring performance in terms of the identified national traits. Moreover, Tobit regression analysis is conducted to investigate the correlation between value-added business activities and each divisional efficiency, seeking to determine how each degree of value-added business activity influences the increase in offshoring productivity. Findings - Regarding overall location efficiency for offshoring performance, only the USA and Italy were identified as being efficient as host countries for offshoring, under circumstances of advanced development, such as productivity and risk management. Korea ranks 13th among 70 countries. The determinants of national competitiveness depend on national traits (the nature of competitive advantage and business sophistication). Countries with labor/resource advantages and labor-intensive industries are more competitive in terms of marketability than others. In contrast, countries with strong technology-intensive industries benefit offshoring companies, particularly in the technology sector, with the added advantage of supply chain risk management. As the perception of a value chain is broader in a country, it can achieve both production sophistication and competitive advantages such as marketability and SCRM. Originality/value - Existing studies focus on offshoring effectiveness from a company perspective. This paper contributes to comparing country efficiency in producing core competencies related to an offshoring strategy and also segments countries into three performance-based considerations associated with the global offshoring market. It also details Korea's position as an offshoring location according to national efficiency and competency.

Development of Compliance Collaboration Index for Trade Supply Chain (무역공급망 법규준수 협력지수 개발)

  • Kim, Hee-Soo;Ma, Sun-Duck
    • Journal of Korean Society for Quality Management
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    • v.38 no.1
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    • pp.34-41
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    • 2010
  • This paper proposes the compliance collaboration index(CCI) which can be useful to measure the level of supply chain's compliance collaboration quantitatively. It can be shown that the proposed index is quite flexible when applied in real situations at the request of the index user. For instance, even if only one company of many companies in trade supply chain to be tested through the AEO certification test is not satisfied the required specification. the index is designed in such a way that the score can't be higher than a certain predetermined value. The proposed CCI can be used as the guidance for a trade company's collaboration process control strategy to increase the efficiency of compliance improvement activity. In this paper, we use the Analysis Hierarchy Process(AHP) which is one of the methods recommended by ISO/ICE as a measurement of weight to be assigned to the relevant parameters considered in the CCI.

ATP Model Related CRM in SCM Environment (SCM환경에서 CRM을 이용한 ATP 모델 연구)

  • 박주식;김원식;남호기;박상민
    • Journal of the Korea Safety Management & Science
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    • v.3 no.1
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    • pp.45-56
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    • 2001
  • In the supply chain, The ATP function doesn't only give customers to confirmation of delivery. It can be used by the core function with ATP rule that can reconcile supplies and demands on the supply chain. Therefore We can acquire the conformation about accuracy on the due date of supplier by using the ATP function of management about real and concurrent access on the supply chain, also can decide the affect about product availability due to forecasting or customer's orders through the ATP. This study analyze the data concerned with ATP and define the necessity on a SCM solution. Under the these environments, after defining the ATP rule that can improve the customer value and data flow related the CRM, we propose the advanced ATP model that proposes the method and classification system that can flexibly aggregate the ATP data with ATP rule on the supply chain.

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