• Title/Summary/Keyword: Business Priority

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Impact of Climate Change on Business Process in the Distribution Industry

  • Kim, Young-Ei
    • Journal of Distribution Science
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    • v.12 no.12
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    • pp.5-17
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    • 2014
  • Purpose - The purpose of this study is to examine the possible ways to minimize damage by analyzing the influence that may be exerted upon the business process of the distribution industry by unexpected climate change. Research design, data, and methodology - The optimum business process is to be implemented after dividing the diversified business process of the distribution industry into the four stages of the Business Continuity Plan (BCP). Results - First, the upper-level risks that would be impacted most sensitively by climate change have been selected. Second, the impact and characteristics of the environment have been discovered. Third, weighted values by criteria item of upper-level business risks have been analyzed. Fourth, it was possible to define the business priority order based on the individual and then to adjust the Recovery Time Objective (RTO). Conclusion - In this study, the priority order has been defined quantitatively by calculating the priority order score. Further, the priority order has been determined depending on whether any targeted business unit is applicable to the items of the business nature criteria.

The Impact of Difference of Linkages between Manufacturing Strategy and Action Plans - An Empirical Comparison of U.S. and Korean Manufacturers -

  • Lee, Sang-Gun;Lee, Choong-Kwon;Park, Boo-Ho
    • Journal of Korea Society of Industrial Information Systems
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    • v.5 no.4
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    • pp.81-93
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    • 2000
  • It is important to find the competitive priority, which makes a great contribution to the action plans. The reason is that this makes it possible to provide Korean manufacturers with effective behavioral model to break through the depression after 1997'financial crisis in Korea. Focused priority has become a focus of organizations faced with the need to survive in a highly uncertain business environment characterized by rapid technological change, global competition, and demanding customers. Many believe that better linkages of priority and action plans are fundamental to surviving in the world market. However, there was little previous research dealing with the relationship between the strategic priority and action plans in the view of competitive weapon. This study presents empirical findings on differences between U.S. and Korean manufacturing approach to relationship of priority and plans. Specially, Korean manufacturers are eager for good model to overcome depression of 1997' financial crisis in Korea. Data was collected as part of the Manufacturing Futures Project completed in 1996. The results indicate that U.S. manufacturers maintain focused linkages from priority to action plans than do Korean manufacturers.

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Development of Priority Evaluation Framework for IT System Consolidation using Global Single Instance in Hightech Industry (하이테크 분양의 GSI 구현 대상 우선순위 평가 방법 및 적용 방안 연구)

  • Lee, Chi-Hun;Chang, Min-Yong;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.11 no.1
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    • pp.175-182
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    • 2009
  • The effort for GSI based IT system consolidation has been continued due to the increase of the system and complication increase of system connection, mainly by the global company. Since successful example of GSI realization by part of developed company affect to Korea, global level IT system consolidation has been examined mainly by the domestic company that have great deal of overseas business. Although they have examined consolidation possibility mainly on R&D, finance, operation management part which is the base part of company management, there are limitation for consolidation realization because of the difference between regional business problem of huge cost needed for consolidation. To overcome these realization limitations, it is necessary to lead risk and cost reduction through stepwise part unity and decide Priority Evaluation Framework for Consolidation target and systematic consolidation strategy. For GSI realization, appropriate distributions of unification time according to target system are needed. In this study, based on easiness and usefulness of consolidation and connection between the targets, evaluation methodology for Priority Evaluation Framework of system consolidation has been developed. Priority Evaluation Framework has been decided by applying developed methodology to global production company of high tech industrial part. Through this methodology, companies can realize successful and stable GSI by investing global resources intensively by Priority Evaluation Framework of consolidation target system.

An Evaluation of Priority for the Green Energy Technologies Business (그린에너지기술 사업화를 위한 우선순위 평가)

  • Lee, Deokki;Hong, Jong-Chul;Park, Soo-Uk;Baik, Keum Hee
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.05a
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    • pp.135.2-135.2
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    • 2011
  • The goal of this study is the derivation of priority for business in the areas of green energy technologies. In this paper, we calculated the importance weights of impact factors using the AHP (Analytic Hierarchy Process) method in order to derivation of priority to the green energy technologies business. AHP is a useful method for evaluating multi-criteria decision making problems. To apply the AHP method, specialists for the assessment have been identified by using the concept of 'plan, do, see' and the decision-making hierarchy was established. We selected 5 criteria and 16 sub-criteria for impact factors by brainstorming. According to the result in this study, the most important impact factor is the possibility of commercialization, the second is the possibility of developing the fundamental technology, and the third is the possibility of convergence technology.

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A Study on the Priority Making of Human Error Prevention Business Using AHP (계층화분석기법(AHP)을 이용한 철도 인적오류 예방 사업의 우선순위 분석 연구)

  • Han, Kee-Youl;Back, You-Seoung
    • Journal of the Korea Safety Management & Science
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    • v.14 no.3
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    • pp.111-117
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    • 2012
  • In this paper to prevent human errors analyzed the causes of railway accidents and human error in last 5 years(2007~2011). The 2nd Railway Comprehensive Safety Plan currently being implemented in the safety business for prevention of human error. The accidents are often resulted from multiple causes with hardware failure and human errors. And prevention of human error associated with the implementation details of the priority projects, 14 projects were selected by draw. Then Analytic Hierarchy Process(AHP) methodology was used to select what projects were effective to human error.

A Study How to Decide the Priority on Selecting Business Process for BPM to Attain Strategic Goal of Construction Company (건설기업의 전략지원을 위한 BPM 우선적용 프로세스 선정에 관한 연구)

  • Lee, Doo-Hee;Song, Young-Woong;Lim, Hyung-Cheol;Park, Tae-Keun;Choi, Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.1
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    • pp.16-28
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    • 2010
  • Construction companies are fulfilled in according to project, and it is difficult to execute the standardized process in various construction projects. Thus many construction companies is adopting BPM(Business Process Management) that meet business process change and business improvement. However, it is difficult to apply BPM in a lump because of difference of BPM characteristics and company's strategies. For this reason, it is desirable to select business process based on company's priority. This study indicated need of method for selecting business process through studying current researches, and made BPA for construction company by analyzing business process in construction company. Moreover, this study indicated core business process from a point of profitability and growth view through grasping strategic goal priority. And also, it proposed criteria for process evaluation for BPM adoption, evaluated core business process, and indicated prior business process for BPM adoption.

Analyzing the Influencing Factors for the Relationship between Franchisor and Franchisee of The MRO Office Supplies by AHP

  • KIM, Kwang In;LEE, Tae Won;KIM, Seung Chul
    • The Korean Journal of Franchise Management
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    • v.11 no.4
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    • pp.45-57
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    • 2020
  • Purpose: The purpose of this study is to determine the importance and priority arising from the relationship between MRO-office supplies franchisor ("franchisor") and franchisees through an in-depth investigation. In particular, with respect to the MRO-Office franchise industry, we would like to make meaningful contributions in the decision-making process by comparing and contrasting factors that affect the importance and priority of communication, conflict, support and satisfaction through AHP analysis. Research design, data, and methodology: After completion of AHP analysis, the study will also identify factors in order of priority and factors of importance between the franchisor and franchisees. Another purpose of this study is to evaluate and propose business relationship strategies between the franchisor and franchisees. Through AHP analysis, this study will facilitate the relationship between the franchisor and franchise, and determine the factors of importance and factors in order of priority. Result: This study evaluates the differences and priorities of the two groups arising from the relationship between the franchisor and the franchisees through AHP analysis after separately analyzing the franchisor. In this study, the franchisees find that communication is the most important factor, then support as the second most important factor between the two groups. In contrast, the franchisor finds that support is the most important factor followed by communication between the two groups. Conclusions: This analysis demonstrates the discrepancy in evaluating important factors from the perspectives of the franchisor and the franchisees. The largest discrepancy between the franchisor and franchisees comes from an information system related to communication factors. This effectively means that the franchisor has an understanding of this inadequate information system on the part of franchisees but this understanding is not deemed an important factor. The franchisees recognize and focus on the need to obtain feedback from the franchisor regarding management improvement as the most important factor rather than the ability of the franchisor to guide them through the franchisees' operations. To this end, the franchisor should be more flexible in dealing with the problem of improving the work required by the franchisees. For this study, a survey was conducted on employees of MRO-office supplies franchisor, franchisees, and employees and completed based on AHP analysis.

SCM Strategy and Best Practices Implementation in SMEs (미국 중소기업의 SCM전략과 Best Practice 실행 현황조사 연구)

  • Kim Dae-Soo
    • Korean Management Science Review
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    • v.23 no.1
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    • pp.135-152
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    • 2006
  • Over the last decade, the field of supply chain management (SCM) and e-business has received an enormous amount of attention from practitioners and academicians. However, little has been known about how and to what extent small- to medium-sized enterprises (SMEs) are implementing SCM initiatives and e-business practices. This paper proposes a comprehensive research model and presents the survey results of these practices of SMEs located in Wisconsin and illinois, U.S., In terms of competitive strategy and priority, value chain activity priority, supply chain and e-business integration focus, SCM best practices implementation focus and challenges, and business performance. The analysis reveals several valuable insights into how SMEs should run their businesses in today's volatile, rapidly changing customer economy.

A Study on the Development of Suitability Site Indicator for Urban-Rural Migration/Return to Fishing (귀어·귀촌 적지지표 개발에 관한 연구)

  • Jang, Young-Soo;Lee, Jung-Phil;Kim, Ji-Ung;Song, Young-Taek
    • The Journal of Fisheries Business Administration
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    • v.49 no.2
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    • pp.49-65
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    • 2018
  • The aim of this study is to develop suitability site indicator of urban-rural return to fishing and to analysis priority of the indicators. The study is based on literature review, expert survey and AHP(Analytic Hierarchy Process) methods. This study found 5 factors(natural environment, acceptance environment, social overhead capital, economy, fishing environment) and 21 detail variables. as a result of AHP, fisheries resources, acquisition convenience of fishing license, income(except fishing), attitude of local resident, one-person household income, high income fishing were showed high priority. This result indicate that economic foundation is most important factor for suitable site of the returning.

Poverty Alleviation Efforts through MDG's and Economic Resources in Indonesia

  • LAURENS, Samson;PUTRA, Aditya Halim Perdana Kusuma
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.755-767
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    • 2020
  • The objective of this study is to examine and provide guidelines for regional governments, communities, and the private sector in planning and implementing poverty-reduction activities that are more effective, efficient, and targeted. Besides, this research's specific aims are: 1) increasing the rate of regional economic growth through optimization of potential sources of local income, 2) increasing per-capita income, and 3) reducing poverty, unemployment, and social-economic inequality of the community. The study was conducted in North Morowali District, Central Sulawesi Province, Indonesia, in 2018-2019. The research approach used quantitative and qualitative descriptive analysis. Data sources include sources from the Focus Group Discussion (FGD) and Regional Statistics. The results of this study are based on the Millennium Development Goals (MDG's) indicators that there are four priority scales in poverty reduction, namely, Health and Infrastructure (Priority I), Education (Priority II), Food stability (Priority III), and Population and Employment (Priority IV). Therefore, as a solution to poverty alleviation strategies, the cost approach through regional economic optimization and local income sources and community empowerment factors are essential. Apart from that, the involvement between elements (government, organizations, society, universities, and institutions) is expected to continue as an effort to realize poverty reduction can be optimally overcome.