• Title/Summary/Keyword: Company Size

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A Study on Improving the Competitiveness of the Small & Medium-sized Company by TQM Survey (한국 중소기업의 품질경영 실태분석에 의한 경쟁력 제고방안 연구)

  • Lee Jae-Kwan;Yoo Hanjoo
    • Journal of Korean Society for Quality Management
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    • v.32 no.3
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    • pp.94-108
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    • 2004
  • TQM has been applied to the industry area regardless of the size of company. BNQA model should be identically applied to large companies and small & medium-sized company. However, there are many evidences that TQM model should be modified according to the size of company. In this study, we analyzed the practice of TQM in Korean small & medium-sized Company. Also, we tried to give some suggestions for improving the competitiveness of the small & medium-sized company. The result of this study is that leadership, work system, education and strategy development should be improved in domestic companies, and work system, education and strategy deployment should be improved in foreign companies.

Research on Factors Influencing Adoption of EDI in Korean Companies (한국기업의 EDI 채택요인에 관한 연구)

  • 김효근;이현정
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.1
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    • pp.159-182
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    • 1997
  • This study is to establish the validity of EDI adoption model Korean Companies. The research model is hypothesized in the external factors of company directly affect on EDI adoaption and the internal factors of company moderately affect on the direct effect. The external factors of company consists of economic factors, organizational power factors, and technological factor. The internal factors of company consists of the size of the company, innovative tendency of the top management, and maturity of the information technology. In the result of data analysis-the data were collected from a total of 81 companies in 6 industries adopted variables are the existence of EDI standard, transaction frequency, inter-organizational bargaining power, and pressure from industry association. Also size of the company and innovative tendency of the top management in a company's internal factors were adopted as moderate variables.

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A Study on Quality Innovation Movements of the Small & Medium-sized Company within the Framework of the cooperation with the Large-sized Company - Focused on the Single PPM Movement - (대.중소기업 상생협력 관점에서의 중소기업 품질혁신 운동에 관한 연구 - 싱글PPM 운동을 중심으로 -)

  • Kim, Ju-Mi;Chang, Young-Soon
    • Journal of the Korea Safety Management & Science
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    • v.9 no.1
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    • pp.133-144
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    • 2007
  • Quality management has been applied to the industry for strengthening the competitiveness regardless of the size of company. However, it has been argued that the operational models for quality management used in the large-sized enterprise could not be applied to the small & medium-sized enterprise (SME) directly. This paper analyzes the states and outcomes of movements for quality innovation in the SME and tries to give some suggestions for improving and spreading the movements within the framework of the cooperation with the large sized company. Survey results show that the preferable quality movements depends on the size of company. Especially, the Single PPM movement is most preferable in the SME. It contributes th decreasing the fraction defective and to vitalizing the communication and cooperation between large-sized company and SME.

Determinants of Profit Growth in Food and Beverage Companies in Indonesia

  • ENDRI, Endri;SARI, Aprida Kartika;BUDIASIH, Yanti;YULIANTINI, Tine;KASMIR, Kasmir
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.739-748
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    • 2020
  • The study aims to estimate the effect of current ratio (CR), current liability to inventory (CLI), total asset turnover (TAT), net profit margin (NPM), sales growth (SG), and company size (FS) on profit growth (PG). The research population was 18 companies in the Food and Beverage (F&B) sector listed on the Indonesia Stock Exchange (IDX) from 2014-2018. The data estimation method uses the common effect panel data regression model. The empirical findings show that the CR and CLI ratios have a negative effect on PG, while the TAT, NPM, and SG ratios have a positive effect. Company size is a factor that does not affect the growth of company profits. The results of the study imply that an increase in company profits can be achieved if the company operates efficiently and with low liquidity to encourage higher sales growth. The limitations of the research are as follows: first, this research considers only one type of industry, hence the results of this study would not be the same if applied to another type of industry. Second, the author observes profit growth by using the company's financial ratios and size and ignores other factors that may affect profit growth, for example, the number of employees, total net sales, and market capitalization.

Determination of Fleet Size for LTL Transportation With Dynamic Demand

  • Ko, Chang Seong;Chung, Ki-Ho;Shin, Jae-Yeong
    • Management Science and Financial Engineering
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    • v.8 no.2
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    • pp.33-45
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    • 2002
  • This study suggests an approach for determining fleet size for LTL (less -than-truckload) transportation with dynamic demand for on-time supply of the parts between the assembly line in an automobile company and its part suppliers in Korea. The vehicles operated by the transportation trucking companies in Korea in general can be classified into three types depending on the ways how their expenses occur; company -owned truck, mandated truck which is owned by outsider who entrusts the company with its operation, and rented truck (outsourcing) . With the forecasted monthly production data a year, a heuristic algorithm is developed to determine the number of company-owned trucks, mandated trucks, and rented trucks in order to minimize the expected annual operating cost, which is based on the solution technologies used in the aggregate production planning and vehicle routing problem. Finally the algorithm is tested for the problem how the trucking company transports parts for the automobile company.

A Study on the Effect of Innovation Performance Through Business Innovation Activities and Techniques for the Small & Medium Size Company (중소기업의 혁신활동과 기법이 혁신성과에 미치는 영향에 관한 연구)

  • Moon, Hee Young;Chang, Seog Ju
    • Journal of Korean Society for Quality Management
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    • v.43 no.2
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    • pp.151-168
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    • 2015
  • Purpose: The purpose of this study was to investigate the effect of the innovation performance through business innovation activities by small and medium size company as well as to test the moderating effects on the innovation techniques'understanding and conformance. Methods: The data for the empirical analysis was collected from 132 companies mainly located in Jeolla and Gyeonggi Province. Cronbach's alpha factor analysis, multiple regression analysis and hierarchical multiple regression were used for statistical methods. Results: The Statistical analysis results show that innovation performance through business innovation techniques and activities was effected by CEO leadership, company capability and training for employees. Conclusion: Through this study we tried to give some suggestions for improving innovation performance through business innovation activities for the small and medium size company.

The Role of Corporate Social Responsibility on the Relationship between Financial Performance and Company Value

  • UTAMI, Elok Sri;HASAN, Muhamad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1249-1256
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    • 2021
  • This study investigates the company value determinant by observing the effect of financial performance and Corporate Social Responsibility (CSR) and its role in moderating performance achievement. The macro-economy variables such as inflation and interest rate are also used as the controlling variable. This research employs the sample of manufacturing companies of the food and beverage sub-sector listed on the Indonesia Stock Exchange. This study used panel data from 2013 to 2017, with the moderating regression analysis. The result shows that the profitability of the current or previous period affects the company's value. CSR and company size affect the company value at the next period shows that stock price, which reflects the investor's perception today, will be affected by the CSR, Size, and Return On Asset of the previous year. CSR also shows that it can be the substitute for profitability since a company that performs CSR is the one that has a good performance. The regression moderating model and the profitability of the previous period have a higher explanatory power than the higher R square value in explaining company value.

Aggregate Container Transportation Planning in the Presence of Dynamic Demand and Three Types of Vehicles (동적 수요와 세 가지 차량형태를 고려한 총괄 컨테이너 운송계획)

  • Ko, Chang-Seong;Chung, Ki-Ho;Shin, Jae-Young
    • IE interfaces
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    • v.17 no.1
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    • pp.71-77
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    • 2004
  • At the present time, container transportation plays a key role in the international logistics and the efforts to increase the productivity of container logistics become essential for Korean trucking companies to survive in the domestic as well as global competition. This study suggests an approach for determining fleet size for container road transportation with dynamic demand. Usually the vehicles operated by the transportation trucking companies in Korea can be classified into three types depending on the ways how their expenses occur; company-owned truck, mandated truck which is owned by outsider who entrust the company with its operation, and rented vehicle (outsourcing). Annually the trucking companies should decide how many company-owned and mandated trucks will be operated considering vehicle types and the transportation demands. With the forecasted monthly data for the volume of containers to be transported a year, a heuristic algorithm using tabu search is developed to determine the number of company-owned trucks, mandated trucks, and rented trucks in order to minimize the expected annual operating cost. The idea of the algorithm is based on both the aggregate production planning (APP) and the pickup-and-delivery problem (PDP). Finally the algorithm is tested for the problem how the trucking company determines the fleet size for transporting containers.

EFFECTS OF PROCESS PARAMETERS ON GRAIN SIZE DURING ISOTHERMAL FORGING OF A TC6 ALLOY

  • Miaoquan LI;Aiming XIONG;Shankun XUE;Yuanchun LI;Hai LIN;Hairong WANG;Shaobo SU;Lichuang SHEN
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2003.10b
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    • pp.47-50
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    • 2003
  • Grain size of the $\alpha$ phase is computed during isothermal forging of the TC6 aerofoil blade, by combining FE with the Yada's model of grain size. The present results illustrate the grain size and distribution of the $\alpha$ phase during isothermal forging of the TC6 aerofoil blade' in detail. The computed results show that height reduction, deformation temperature, hammer velocity and friction have significant effect on distribution of the equivalent strain, and that height reduction, deformation temperature and hammer velocity have more significant effect on grain size of the $\alpha$ phase than friction between billet and die.

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Job Stress of Occupational Health Managers in Chemicals Manufacturing Factories (화학제품 제조업 보건관리자의 직무 스트레스)

  • Kim, Ki-Woong;Park, Jin Woo;Song, Se Wook
    • Korean Journal of Occupational Health Nursing
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    • v.21 no.3
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    • pp.192-200
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    • 2012
  • Purpose: The purpose of this study aimed to investigate job stress levels of occupational health managers and whether job stress levels were affected by various factors such as size and types of company and work-related characteristics of occupational health managers. Methods: The study was conducted from May to September 2011 in the chemicals manufacturing factories in Korea and total subjects were 59 occupational health managers. We measured job stress levels of occupational health managers using Korean occupational stress scale (KOSS) questionnaires and the information of company characteristics was obtained using a self-reported questionnaire. Results: The characteristics of company such as type, size and industries and job characteristics of occupational health managers were significant factors in job stress. Job demand, job control, job insecurity, organizational system and occupational environment scores were significantly associated with type, size and industries of company. In multiple regression analyses, we found that job demand was significantly associated with occupational position and type of company, and job insecurity was significantly associated with working hour. Also, we found that lack of reward was significantly associated with education level, speciality, duration of work and hour and type of company. Conclusion: These results indicate that job stress of occupational health managers is significantly associated with work-related characteristics and company's characteristics.