• Title/Summary/Keyword: supply

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Quantitative Estimation of Firm's Risk from Supply Chain Perspective (공급사슬 관점에서 기업 위험의 계량적 추정)

  • Park, Keun-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.22 no.2
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    • pp.201-217
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    • 2015
  • In this paper, we report computational testing result to examine the validity of firm's bankruptcy risk estimation through quantification of supply chain risk. Supply chain risk in this study refers to upstream supply risk and downstream demand risk, To assess the firm's risk affected by supply chain risk, we adopt unit of analysis as industry level. since supply and demand relationships of the firm could be generalized by the industry input-output table and the availability of various valid economic indicators which are chronologically calculated. The research model to estimate firm's risk level is the linear regression model to assess the industry bankruptcy risk estimation of the focal firm's industry with the independent variables which could quantitatively reflect demand and supply risk of the industry. The publicly announced macro economic indicators are selected as the candidate independent variables and validated through empirical testing. To validate our approach, in this paper, we confined our research scope to steel industry sector and its related industry sectors, and implemented the research model. The empirical testing results provide useful insights to further refine the research model as the valid forecasting mechanism to capture firm's future risk estimation more accurately by adopting supply chain industry risk aspect, in conjunction with firm's financial and other managerial factors.

The Role of Market Orientation and Organizational Innovativeness in Enhancing the Supply Chain Agility of Korean Apparel Firms

  • Yoon, Taeyoung;Koh, Ae-Ran;Jin, Byoungho
    • Journal of the Korean Society of Clothing and Textiles
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    • v.38 no.5
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    • pp.718-732
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    • 2014
  • This study investigates the effects of two organizational variables (market orientation and organizational innovativeness) and the interaction between these two variables on supply chain agility as well as examines the moderating effect of 1) firm size and 2) the extent of global sourcing. Employing a web-based e-mail survey method, the study issued 1,320 questionnaires to South Korea apparel manufacturing companies; data from 147 completed surveys were analyzed. Market orientation, organizational innovativeness, and the interaction between the two variables positively affect supply chain agility. Firm size and global sourcing do not have any significant moderating effects on the relationship between organizational characteristics and supply chain agility. Companies with high market orientation and high organizational innovativeness have more agile supply chains than companies with only market orientation or organizational innovativeness. Firms need to effectively enhance market orientation and organizational innovativeness simultaneously to enhance supply chain agility. The lack of a moderating effect from firm size suggests that all companies should promote a greater degree of market orientation and organizational innovativeness to enhance supply chain agility regardless of firm size.

Characteristics of Indoor Air Quality and Local Supply Index with a Variation of Supply ${\cdot}$ Exhaust Airflow rate (환기량 변화에 따른 실내공기질과 국소급기지수 특성)

  • Han, Chang-Woo;Noh, Kwang-Chul;Oh, Myung-Do
    • Proceedings of the SAREK Conference
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    • 2005.11a
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    • pp.21-26
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    • 2005
  • We performed the numerical analysis on the characteristics of indoor air quality and local supply index with a variation of supply · exhaust airflow rate. We analyzed the local supply index and carbon dioxide concentration at the room and breathing zone with respect to the variation of the supply · exhaust airflow rate. From the numerical results, we found that local supply index was affected but carbon dioxide concentration was hardly affected by the variation of the airflow rate in the room. And we also knew that carbon dioxide concentration was raised in despite of the increment of the supply airflow rate in the breathing zone. After this study it is necessary to analyze the local exhaust index when we evaluate the state of the ventilation in the room.

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RFID-based Supply Chain Process Mining for Imported Beef

  • Kang, Yong-Shin;Lee, Kyounghun;Lee, Yong-Han;Chung, Ku-Young
    • Food Science of Animal Resources
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    • v.33 no.4
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    • pp.463-473
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    • 2013
  • Through the development of efficient data collecting technologies like RFID, and inter-enterprise collaboration platforms such as web services, companies which participate in supply chains can acquire visibility over the whole supply chain, and can make decisions to optimize the overall supply chain networks and processes, based on the extracted knowledge from historical data collected by the visibility system. Although not currently active, the MeatWatch system has been developed, and is used in part for this purpose, in the imported beef distribution network in Korea. However, the imported beef distribution network is too complicated to analyze its various aspects using ordinary process analysis approaches. In this paper, we suggest a novel approach, called RFID-based supply chain process mining, to automatically discover and analyze the overall supply chain processes from the distributed RFID event data, without any prior knowledge. The proposed approach was implemented and validated, by using a case study of the imported beef distribution network in Korea. Specifically we demonstrated that the proposed approach can be successfully applied to discover supply chain networks from the distributed event data, to simplify the supply chain networks, and to analyze anomaly of the distribution networks. Such novel process mining functionalities can reinforce the capability of traceability services like MeatWatch in the future.

Analysis on the Replacement Cost of Nuclear Energy Using a Stochastic Programming Model (확률계획법을 활용한 원자력 대체비용의 분석)

  • Chung, Jaewoo;Min, Daiki
    • Korean Management Science Review
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    • v.30 no.1
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    • pp.139-148
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    • 2013
  • A nuclear energy has been one of the most important sources to securely supply electricity in South Korea. Its weight in the national electricity supply has kept increasing since the first nuclear reactor was built in 1978. The country relies on the nuclear approximately 31.4% in 2012 and it is expected to increase to 48.5% in 2024 based on the long-term electricity supply plan announced by the Korean government. However, Fukushima disaster due to 9.0 magnitude earthquake followed by the tsunami has raised deep concerns on the security of the nuclear power plants. The policy makers of the country are much interested in analyzing the cost structure of the power supply in the case that the nuclear is diminished from the current supply portion. This research uses a stochastic model that aims to evaluate the long-term power supply plan and provides an extensive cost analysis on the changes of the nuclear power supply. To evaluate a power supply plan, the research develops a few plausible energy mix scenarios by changing the installed capacities of energy sources from the long-term electricity supply plan. The analyses show that the nuclear is still the most attractive energy source since its fuel cost is very much stable compared to the other sources. Also the results demonstrate that a large amount of financial expenditure is additionally required every year if Koreans agree on the reduction of nuclear to increase national security against a nuclear disaster.

Evaluating the Supply Plan of Public Rental Housing under the Lee Myung-bak Government - Focused on Housing Needs of Tenants in Private Rental Housing - (보금자리 임대주택 공급목표의 타당성 평가 - 민간주택 임차가구의 주거소요 분석을 중심으로 -)

  • Nam, Won-Seok
    • Journal of the Korean housing association
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    • v.23 no.1
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    • pp.1-8
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    • 2012
  • The purpose of this study is to evaluate the supply plan of public rental housing under the Lee Myung-bak government. According to the supply plan, the government will supply public rental housings by 80,000 unit every year from 2009 to 2018, and achieve 12% as stock ratio in 2018. To evaluate the supply plan, this study analyzed housing needs of tenants in private rental housing by using the raw data of Korea Welfare Panel Survey (2008). The results are as follows: (1) It is difficult for the supply plan to meet the housing needs of tenants in private rental housing. (2) The link between supply plan and stock ratio target is weak. (3) To meet the housing needs, it is necessary to supply public rental housings by 107,000 unit every year for 10 years, and, in this case, the stock ratio will be 10% in 2018. In conclusion, this study proposed that the supply plan of public rental housing should be redesigned.

A Genetic Algorithm for Directed Graph-based Supply Network Planning in Memory Module Industry

  • Wang, Li-Chih;Cheng, Chen-Yang;Huang, Li-Pin
    • Industrial Engineering and Management Systems
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    • v.9 no.3
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    • pp.227-241
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    • 2010
  • A memory module industry's supply chain usually consists of multiple manufacturing sites and multiple distribution centers. In order to fulfill the variety of demands from downstream customers, production planners need not only to decide the order allocation among multiple manufacturing sites but also to consider memory module industrial characteristics and supply chain constraints, such as multiple material substitution relationships, capacity, and transportation lead time, fluctuation of component purchasing prices and available supply quantities of critical materials (e.g., DRAM, chip), based on human experience. In this research, a directed graph-based supply network planning (DGSNP) model is developed for memory module industry. In addition to multi-site order allocation, the DGSNP model explicitly considers production planning for each manufacturing site, and purchasing planning from each supplier. First, the research formulates the supply network's structure and constraints in a directed-graph form. Then, a proposed genetic algorithm (GA) solves the matrix form which is transformed from the directed-graph model. Finally, the final matrix, with a calculated maximum profit, can be transformed back to a directed-graph based supply network plan as a reference for planners. The results of the illustrative experiments show that the DGSNP model, compared to current memory module industry practices, determines a convincing supply network planning solution, as measured by total profit.

Optimal Ordering Policy in Dual-Sourcing Supply Chain Considering Supply Disruptions and Demand Information

  • Watanabe, Naoki;Kusukawa, Etsuko
    • Industrial Engineering and Management Systems
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    • v.14 no.2
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    • pp.129-158
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    • 2015
  • It is necessary for retailers to determine the optimal ordering policy of products considering supply disruptions due to a natural disaster and a production process failure as quality and machine breakdowns. Under the situation, a dualsourcing supply chain (DSSC) is one of effective SC for retailers to order products reliably. This paper proposes the optimal ordering policy of a product in a DSSC with a retailer and two manufacturers. Two manufacturers may face supply disruptions due to a natural disater and a production process failure after they received the retailer's order of products. Here, two scenarios of demand information of products are assumed: (i) the demand distribution is known (ii) mean and variance of the demand are known. Under above situations, two types of DSSC are discussed. Under a decentralized DSSC (DSC), a retailer determines the optimal ordering policy to maximize his/her total expected profit. Under the integrated DSSC (ISC), the optimal ordering policy is determined to maximize the whole system's total expected profit. Numerical analysis investigates how demand information and supply disruptions affect the optimal decisions under DSC and ISC. Besides, profitability of supply chain coordination adjusting the wholesale price is evaluated to encourage the optimal decision under ISC.

Estimating Vulnerable Duration for Irrigation with Agricultural Water Supply and Demand during Residual Periods (농업용수의 잔여 공급계획량 및 수요예측량에 의한 관개 취약시기 산정)

  • Nam, Won-Ho;Kim, Tae-Gon;Choi, Jin-Yong;Lee, Jeong-Jae
    • Journal of The Korean Society of Agricultural Engineers
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    • v.54 no.5
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    • pp.123-128
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    • 2012
  • For optimal reservoir operation and management, there are essential elements including water supply in agricultural reservoir and demand in irrigation district. To estimate agricultural water demand and supply, many factors such as weather, crops, soil, growing conditions cultivation method and the watershed/irrigation area should be considered, however, there are occurred water supply impossible duration under the influence of the variability and uncertainty of meteorological and hydrological phenomenon. Focusing on agricultural reservoir, amount and tendency of agricultural water supply and demand shows seasonally/regionally different patterns. Through the analysis of deviation and changes in the timing of the two elements, duration in excess of water supply can be identified quantitatively. Here, we introduce an approach to assessment of irrigation vulnerable duration for effective management of agricultural reservoir using time dependent change analysis of residual water supply and irrigation water requirements. Irrigation vulnerable duration has been determined through the comparison of water supply in agricultural reservoir and demand in irrigation district based on the water budget analysis, therefore can be used as an improved and basis data for the effective and intensive water management.

The Impacts of Social Sustainability Practices on Supply Chain Performance: Mediating Role of Supply Chain Integration

  • DUONG, Ngoc-Hong;HA, Quang-An
    • Journal of Distribution Science
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    • v.19 no.11
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    • pp.37-48
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    • 2021
  • Purpose: The importance of sustainability in the supply chain has steadily risen in recent decades as a result of the growing awareness on the social issues. The purpose of this research is to examine the relationship between social sustainability practices and performance outcomes, as well as explore the mediating role of supply chain integration on that relationship. Research design, data and methodology: PLS-SEM model is developed to identify the impacts of sustainability on performance outcomes and the mediating role of supply chain integration. We received 285 responses from medium and large companies located in Vietnam, and after filtering, 206 responses were used for further analysis. Results: Our findings showed that sustainability impacts significantly on integration and performance in the supply chain. Moreover, the result indicates that supplier integration and internal integration mediate the relationship between social sustainability practices and supply chain performance, while customer integration mediation role was not found significant at all. Conclusions: Our results prove that social sustainability practices can link all the stakeholders and enhance collaboration. To maintain sustainable development, firms should embrace values of sustainability to improve the well-being, working condition, and healthcare of their employees as well as the advancement of local society.