Vendor-managed System Research Articles

Determinants of Company Performance with Supply Chain Risk Management as an Intervening Variable: Empirical Studies on BUMN Construction in Indonesia

BUMN construction companies are required to be competent to maintain the quality of the company by having good performance. Due to the phenomenon of declining financial performance and the phenomenon of outsourcing, a system is needed which is a synergy between SCM and risk management, that is Supply Chain Risk Management (SCRM). This study aims to further explore the supply chain risks that occur in state-owned construction companies in Indonesia by developing a system that can control risk and play an important role in Vendor Trust, Contractor-Vendor Relationship and Top Management Involvement to measure company performance. The data collection was carried out using a survey method using questionnaires and interviews. Respondents were selected using the purposive sampling method, that experts on Indonesian BUMN construction projects using the Smart PLS analysis method. The results of the study concluded that Vendor Trust has no effect on Supply Chain Risk Management. This is related to the existence of Law No.2 of 2017 reinforced by Minister of BUMN No.08 of 2019 which regulates the readiness of database infrastructure and Vendor criteria. Based on this regulation, a Vendor Management System was created that applies ratings, sanctions and Blacklists to Vendors, if there are errors or even a shortage of Vendor expertise documents, Unverified will occur and the impact on billing to contractors will be hampered so that trust can increase mutually beneficial relationships in long-term partnerships hard to do. Contractor-Vendor Relationship and Top management Involvement influence SCRM. Vendor trust, Contractor-Vendor Relationship and Top Management Involvement influence company performance after being mediated by Supply Chain Risk Management.

Reducing the Delayed Lead Time of Purchase Requisition to Purchase Orders for Standard Part Commodity in the Procurement Department of the Avionics Sector

The efficiency and effectiveness of procurement processes perform a critical role in the smooth operation of organizations, particularly in industries with intricate supply chains, such as the aviation sector. This thesis focuses on the delayed lead time of purchase requisitions to purchase orders for standard part commodities inside Procurement Department. Through a comprehensive analysis of the procurement workflow, data collection, and interviews with key stakeholders, this study aims to identify the root causes and consequences of the delayed lead time in the procurement and also determine the best strategy supply chain for the procurement department. The root cause reveals several factors that contribute to the delayed lead time, such as ineffective and inefficient processes, manual working procedures, particularly in the negotiation and evaluation process between buyer and Supplier, bureaucracy in the document, poor in managing and updating the data of requirements supplier, no back up for new prospect supplier, and a lack of monitoring and communication between internal and external departments. Furthermore, the consequences of this delay include delays in following processes in other departments, increasing the potential of product delivery delays to clients, and affecting customer satisfaction. Based on the findings of these studies, several business solutions have been proposed to address these challenges. The conclusion of the entire analysis process is the implementation of e-procurement with a vendor management system. By implementing these suggestions, the Procurement Department significantly reduced the lead time by 65%. The benefits obtained lead to increased operational efficiency, reduced possibility of product delays to consumers, and increased customer satisfaction.

Otomat Makinası Ürün Dağıtımında Risk Değerlendirmesi

Successfully managing the supply chain, which has become complex with many factors such as changes in customer demands, social perception, ease of access to information, advances in technology, increasing needs, and changing environmental conditions, provides great convenience to businesses. Effective supply chain and all operations management in this chain has great importance for retailers, which play a key role in the distribution of products and services to the end consumer. Vending machines, which are called the customers of retailers in a vendor-managed system, are among the distribution channels that are widely used in delivering products or services to the end consumer. The study, it is aimed to make a risk assessment for product distribution to vending machines. For this purpose, the Best Worst method, which is one of the Multi-Criteria Decision Making methods, is used to determine and evaluate supply risks. As a result of the evaluation of the nine risk criteria determined for the study according to the method, the risks that should be considered primarily are determined as "Errors in demand tracking", "Qualitative and quantitative inadequacies compared to competitors", "Insufficient vehicle compartment and capacity".

Vendor management system improvement using PDCA and optimizing transporter vendor selection using fuzzy analytical hierarchy process

Transportervendor is essential for a Fast-moving consumer goods factory to distribute processed palm oil and its derivatives to distributors, retailer and customers. The purpose of this research is to set a transporter vendor selection system based on the weighted criteria: price, reliability, flexibility and company qualification using the Fuzzy Analytical Hierarchy Process (FAHP) method. Followed by designing of Vendor management System (VMS) which will be used interactively by both the transporter vendor and the FMCG factory admin, so that the logistic process documentation is recorded properly. The FAHP selection results determined transporter C as the winner for the truck type of double colt diesel (CDD) and colt diesel ankle (CDE). And transporter G as the winner for the type of wing box truck (WB). Theproposed VMS application design which carried out using Plan-Do-Check-Action(PDCA), House of Quality (HOQ), and User Centered Design(UCD), which contains 22 functional requirements for admin and 15 functional requirements for the transporter.

EVALUASI JUMLAH TENAGA KERJA DALAM KONSTRUKSI MENGHADAPI ERA NEW NORMAL

<p>The impact of Covid-19 on the implementation of construction services includes budget cuts, delays in project completion, increased implementation costs, potential for construction disputes. In the era of "New Normal”, it is done with the condition that Covid-19 transmission has been controlled by Public Health and the capacity of the health system is able to identify, isolate, test, track contracts and quarantine. In the era of "New Normal" reduce the risk of outbreaks by strict regulation of places that have high vulnerability, prevention at work is implemented, the risk of the spread of imported cased can be controlled, and people take part and be involved in the transition. The design of "New Normal" in terms of Construction can be said as "Construction Adaptation" in which the implementation of construction services that is safe, effective, and efficient to accelerate development while still implementing health protocols. The protocols that should be implemented include: procurement protocols based on online and minimizing face-to-face, work implementation protocols using masks and physical distancing and contract adjustment protocols with contract flexibility to accommodate field conditions. Construction survival strategies in the "New Normal" era, namely: digitizing by optimizing the use of Building Information Modeling (BIM), specialization with a focus on specific expertise, industrialization with modular and precast buildings increasing work productivity, building supply chains with vendor management system, adaptation by absorbing concepts new design and new innovation, trust communication.</p>

REVIEW ON VENDOR AUDIT MANAGEMENT

Vendor Relationship Management (SRM), is systematic planning and managing of all interactions with suppliers to maximize its value. Its application varies from construction industries to healthcare system and investment banks to industries. Several buyer-supplier relationship models, as well as supplier selection and evaluation strategies, have been documented by many researchers. The vendor management system is for supporting the good quality of material, delivery on time, good service and cooperation, reasonable price, improve the strong and close relationship, etc. The Vendor Management System (VMS) is the one most important factor of success. The vendor is the partnership that concerned to manufacturer not only the quality but also other business issues.

An analysis of manufacturer benefits under vendor-managed systems

Vendor-Managed Inventory (VMI) has attracted a lot of attention due to its benefits such as fewer stock-outs, higher sales, and lower inventory levels at the retailers. Vendor-Managed Availability (VMA) is an improvement that exploits the advantages beyond VMI. This article analyzes the benefits beyond information sharing and assesses the motivation for the manufacturer (vendor) behind joining such a program. It is shown that such vendor-managed systems provide increased flexibility in manufacturer's operations and may bring additional benefits. An analysis is presented on how the system parameters affect the profitability and determine the conditions that make the vendor-managed system a viable strategy for the manufacturer.

A single supplier–single retailer system with an order-up-to level inventory policy

We consider a two-level vendor-managed system in which external demand occurs only at a retailer and a supplier replenishes the retailer employing an order-up-to S policy over T periods. We present an O ( T 3 ) algorithm to coordinate the system when S is known. We also show that S can be optimized in O ( a T 3 ) time for an input parameter a .