• Title/Summary/Keyword: supply firms

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Empirical Study on Inter-Firm Diffusion and Firms' Performance for Win-Win Growth Culture in Supply Chain

  • Kim, Kyung-Tae;Lee, Jung Seung;Kang, Namshin
    • Journal of Information Technology Applications and Management
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    • v.22 no.1
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    • pp.153-163
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    • 2015
  • The purpose of this study is to investigate the relationship among factors that expand the win-win growth between domestic finished goods-making manufacturers and subcontractors. One-hundred twenty six firms participated for this study and were used for the data analysis. As a result of analysis, first, it was found that the win-win growth between first-tier suppliers and second-tier suppliers has positive effects on the win-win growth made by second-tier suppliers helping the third-tier suppliers. Second, it was found that the win-win growth policies supported by the government for the positive relationship between first-tier suppliers and second-tier suppliers for the finished goods-making manufacturers have positive effects on the win-win growth between second-tier suppliers and third-tier suppliers. Third, the results also showed that the win-win growth between second-tier suppliers and third-tier suppliers has a positive influence both on the financial and on the non-financial performances of the second-tier suppliers. Based on the results of this study, it is recommended to (1) construct infrastructure by sector through partnership between finished goods-making manufacturers and subcontractors, (2) draw in active support through the governmental win-win growth policies, (3) induce increasing productivities through information sharing, manpower support, technical support and educational support, and (4) strengthen and cultivate the culture of the small- and medium-sized companies.

A Study on the Current Status of Supply Chain Risks after COVID-19: Focusing on Network Analysis (코로나19 이후 공급사슬 리스크에 대한 현황연구: 네트워크 분석을 중심으로)

  • EuiBeom Jeong;Keontaek Oh
    • Journal of Korea Society of Industrial Information Systems
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    • v.28 no.4
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    • pp.77-92
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    • 2023
  • In this study, keyword network analysis was performed based on global and domestic journals, and network text analysis was conducted for news and articles to examine major issues and research trends on supply chain risks after COVID-19. As a result of analyzing the supply chain risk, after COVID-19 which was relatively insufficient in previous studies, research trends and topics such as supply chain risk recovery, response and public welfare, which are different from previous previous studies, were found in global and domestic journals, news and articles and it was possible to suggest practical strategies and insights for supply chain risk strategies for firms.

Comparative Characteristics of Small and Medium-sized Firms in Korea (우리나라 중소기업법인의 업종별 지역별 특성에 관한 연구)

  • Jeung, Gil-Chea
    • Management & Information Systems Review
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    • v.29 no.1
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    • pp.25-47
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    • 2010
  • Over the past 20 years new and small firms have been identified as significant components of economic strategies for job and wealth creation. Implicit in these strategies has been the search for policies which will increase the supply of new firms, and will encourage established firms' growth. Yet the majority firms spend the whole of their economic life within the small firm sector. The aim of this paper is to suggest a multidimensional approach to the understanding of the comparative characteristics of the small firm by providing evidence as to the factors which describe firms of different sizes, regions and industries. And I discuss in the context of policy options for regional economic development in Korea. The results from the analyses are summarized as follows. The size of the small firms in the sample measured in terms of both number of employees and sales revenue are characterized by regions, export performance and R&D. There is also some indication that growing firms may develop more complex environment. These results are based upon a multi-dimensional analysis of the strategic profile of a sample of small firms using KIS. From this observation of the firms during the data collection period, this is a conclusion that I find intuitively appealing.

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The Impact of Industry Architectures and Supply Chains on Successful Expansion in Emerging Markets (산업구조와 가치사슬이 신흥국 진출 성공에 미치는 영향)

  • Oh, Jae Ho;Park, Kwang Ho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.3
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    • pp.29-40
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    • 2020
  • Korean firms have been vigorously searching and exploring overseas market opportunities through export and overseas investment. As of end of 2019, there were more than 80,000 Korean overseas subsidiaries all over the world. With Korean overseas direct investment increasing recently, it became one of the important issues for overseas investors to be successful in the global market. There are a lot of studies on factors influencing the performance of overseas subsidiaries such as 'firm' and 'country' factors. This study empirically examines subsidiary performance determinants with 'industry architectures' by using a sample of 292 overseas Korean firm subsidiaries. Industry architectures are the stable but evolving sets of rules and roles through which labor is divided within a sector. This article considers how industry architectures shape success in international expansion. Industry architectures differ between countries, are not necessarily technologically determined, shape firms' capabilities and their competitive environment, and constitute a distinct level of analysis. We extract antecedents of related theory and empirically test its impact with a survey of Korean firms expanding in emerging economies. We would say this is the first study which tries to focus on industry architectures with the performance of Korean overseas subsidiaries. We find that separability and similarity of industry architectures across countries and localization of subsidiaries are robust and important predictors of success in international expansion. Our results suggest that industry architectures should be added to firm and country as an intermediate level of analysis that helps explain success in international expansion. While we established a pattern, much more remains to be done. We focus on the success of foreign operations, but we do not consider the broader benefits of going abroad, such as the learning or network effects that accrue at the level of the entire firm. The next obvious question is whether the results would differ in the developed market context. These we leave for future research to consider.

Information Technology Implementation in Supply Risk and Performance (공급위험과 성과를 위한 정보 기술 실행)

  • Kim, Minkyun;Chai, Sangmi
    • Management & Information Systems Review
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    • v.33 no.1
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    • pp.237-261
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    • 2014
  • This study is to investigate the impact of information technology implementation on supply chain risk and performance. It focuses on how information technology adoption affects supply risk as well as performance. It collected one hundred fifty nine responses from supply executives and supply and purchasing managers of U.S manufacturing firms by applying a survey methodology. The research results provide empirical evidence that the use of information technology in the supply chain mitigates supply risk and improves performance. More importantly, information technology adoption involves three aspects: inbound and outbound communications, internal communications and administration and finally, mitigation of supply risks and improved performance via order taking and procurement. This research emphasizes the importance of IT implementation in supply risk management. It also points out how information technology adoption facilitates the impact of information technology in risk mitigation in the supply chain and in performance. Thus, supply and purchasing managers need to consider IT implementation and adoption when establishing their risk mitigating strategies within the supply chains.

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Towards Evolution of Innovation System of Korean IT SoC Industry: Comparing Experiences of Korea and Taiwan (국내 IT SoC산업의 혁신체제 발전방안: 대만과의 비교 관점에서)

  • Min, Wan-Kee;Oh, Wan-Keun;Hwang, Jin-Young
    • Journal of Korea Technology Innovation Society
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    • v.11 no.4
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    • pp.565-591
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    • 2008
  • Using theories of sectoral innovation system and supply chain management, this paper examines the status quo of Korean IT SoC industry's innovation system by comparing it with Taiwanese one. Taiwan IT SoC industry has accomplished a rapid growth on the basis of government policies that foster domestic firms after the establishment of Hsinchu Science Park. Cooperative networks between foundries firms and fablesses have been formed within the supply chain in this process. Therefore, Taiwan industry has possessed the possibility of the coevolution in sectoral innovation system. However, Korean IT SoC industry has failed to form cooperative networks, because of weak networks between related firms. In other words, there exists an interaction failure, which is a kind of the system failure, and it means a lack of linkage between actors as a result of insufficient use of complementarities and interactive learning. Therefore, Korean industry has little possibility of the coevolution in sectoral innovation system. The cooperative networks between actors are prerequisite towards evolution of innovation system of Korean IT SoC industry. Above all, the cooperative networks between fablesses and system companies need to be strengthened within the supply chain.

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Understanding Service Supply Chain Management : Issues and Challenges (서비스 공급망관리의 이해 : 이슈와 과제)

  • Cho, Namhyung;Park, Seong Taek;Rhee, MoonKi Kyle
    • Journal of Digital Convergence
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    • v.16 no.3
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    • pp.291-301
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    • 2018
  • Supply chain in service sector has been established on the premise that firms need to manage their process uncertainties to satisfy customers in an efficient manner. Information sharing and synchronization play key roles in minimize uncertainties from their involved supply chain. The duality of customers being inputs providers as well as consumers, differentiates service supply chains from manufacturing and is a challenging issue to traditional supply chain management. The service supply chain is a structured network which should be managed with supply chain theory and principles. Various key operations need to be carried out through a highly integrated and collaborated service supply chain and supporting information hub. The purpose of this paper is to present the issues and key components in the service supply chain, where the repetitive service is provided along the value chain, such as tourism, restaurant, mega-sized hospital supply chain.

An AHP Based Study on Critical Success Factors for the Supply Chain Management in Hong Kong Manufacturing Industry

  • Leung, Jendy P.F.;Chin, K.S.
    • International Journal of Quality Innovation
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    • v.5 no.2
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    • pp.132-140
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    • 2004
  • Supply Chain Management (SCM) has drawn high attention and been discussed and under investigation for over two decades. However, how Hong Kong manufacturing firms carry out SCM is still unclear. In order to open the myth on what essentials are critical for SCM implementation, a large-scale questionnaire survey was conducted together with Expert Interviews in 2003. A SCM framework was then developed in which all the critical factors were summarized, categorized and prioritized to come up with a foundation for a self-assessment system for improving SCM performance.

Distribution Planning for Capacitated Supply Chains Using Tabu Search Approach (타부 탐색을 이용한 생산능력 제한하의 공급망 분배계획)

  • Kwon, Ick-Hyun;Baek, Jong-Kwan;Kim, Sung-Shick
    • IE interfaces
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    • v.18 no.1
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    • pp.63-72
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    • 2005
  • In this paper, we present a distribution planning method for a supply chain. Like a typical distribution network of manufacturing firms, we have the form of arborescence. To consider more realistic situation, we investigated that an outside supplier has limited capacity. The customer demands are given in deterministic form in finite number of discrete time periods. In this environment, we attempt to minimize the total costs, which is the sum of inventory holding and backorder costs over the distribution network during the planning horizon. To make the best of the restricted capacity, we propose the look-ahead feature. For looking ahead, we convert this problem into a single machine scheduling problem and utilize tabu search approach to solve it. Numerous simulation tests have shown that the proposed algorithm performs quite well.

The Characteristic of Enterprise Groups and the Demand-Supply Relation Analysis in the Korea Solar Energy Industry (국내 태양광산업에서의 기업집단별 특성과 기업간 수요공급관계의 이해)

  • Park, Chang-Kirl
    • Journal of the Korean Solar Energy Society
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    • v.34 no.4
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    • pp.83-90
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    • 2014
  • South Korea's solar energy industry has been made vertical integration and specialization as part of the restructuring in the downturn of the world economy and the oversupply situation of raw materials. This study is to understand the characteristics of the solar energy industry, using data to systematic approach. In this study, it was defined the major business of firms as 22 business types and classified into 5 enterprise groups as technology and business strategy. After that, It was deduced features of Enterprise group by the statistical analysis and looked to draw a map of the industrial structure by social network analysis using the information on companies' demand and supply.