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The development strategy of the global automotive logistics company in Korea - The case of Hyundai Glovis -  

Lee, Choongbae (중앙대학교 국제물류학과)
Kim, Jeonghwan (대구가톨릭대학 무역학과)
Publication Information
Journal of Korea Port Economic Association / v.30, no.2, 2014 , pp. 145-172 More about this Journal
Abstract
Automobile industry has several characters such as high level of specialization, large volume of production, which plays a big barrier to entry of the industry. Therefore logistics outsourcing of automobile manufacturing company tends to make long-term contract with logistics service provider which also makes it difficult to outsource their logistics business to many different types of companies. Some vehicle manufacturing companies tend to outsource their several logistics to several companies while others outsource very limited number of logistics companies even only one company exclusively. This study aims to investigate various type of logistics outsourcing in terms of advantages and disadvantages and then carry out case study for Hyundai Glovis which is a global logistics company managing logistics service of Hyundai car maker in Korea. The focus is on how it can provide innovative and efficient logistics service with integration of global supply chain of Hyundai Automobile company.
Keywords
Automobile Industry; Logistics Strategy; Third Party Logistics; Outsourcing;
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