• Journal of Distribution Science
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• v.17 no.10
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• pp.115-123
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• 2019

Purpose - The purpose of paper is to examine into corporate value of international physical distribution, which is closely related with company that is running business based on competitive power. It is good for company to gain a competitiveness throughout activities from international physical distribution, then it increases corporate value after all. Then it will be looked at how international physical distribution can influence competitiveness of company in terms of corporate value. Research design, data, and methodology - The research method to be described is first to identify concept of international physical distribution theoretically, including characteristics and structure, and then to review corporate value of international physical distribution to make company be competitive. As far as general landscape of international logistics is concerned, it is investigated into function and role of service provider, user and market situations. However, it is well proved that current market of international physical distribution is stable and bright, which means it is possible to take foreseeable future as well. Then company can share with corporate value of international physical distribution provided from logistics service provider. Results - To achieve corporate value throughout process of international physical distribution is strongly connected with competitive status of logistics service providers, those are carriers and infrastructures, and third party logistics providers. Especially in order to inquire into competitive aspects of international physical distribution in this paper, it is focused on trade volumes and overcapacity of global shipping market. Unlike it is used to be, more optimistic and positive situation has been shown since 5 years ago from the year of 2018, which means carriers make a business well, leading company to be more competitive. Conclusions - Corporate value of company in terms of international physical distribution is closely involved with competitive situations in the physically distribution, especially shipping market, which service providers can paly a key role in this regards. It can be estimated that the more market of international physical distribution works, the more competitiveness of companies increases. Ocean carriers in shipping market of international physical distribution are doing actively business well, and the corporate value can be materialized in favor of company.

• Journal of Navigation and Port Research
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• v.35 no.1
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• pp.101-112
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• 2011

Nowadays, the third-party logistics is getting special attention as one of the most useful ways to perform the logistics management effectively. In this current trend, however, there are many firms which carry out the logistics activities by themselves and strengthen the competitiveness. In respect of contingency theory, the firms' logistics management types should depend on their logistics environment and characteristics, and then the logistics performances vary with this suitability. In this context, this study analyzed empirically the difference of the logistics performances due to the fitness between their logistics characteristics and the management types. According to the finding, the study showed that the third-party logistics is more suitable when the importance and weight of logistics operation and the weight of their export are greater respectively, and the self-logistics is more suitable when the logistics cost is higher. Futhermore, the study indicated that the firms whose relationship between the characteristics and the management types is fit in their logistics are better than the others in the outcome of logistics cost reduction and the effectiveness of logistics operation.

• Journal of Korea Port Economic Association
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• v.25 no.4
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• pp.21-44
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• 2009

This study aims to understand the conditions for using logistics outsourcing of Korean enterprises, present existing problems, examine factors affecting utility, and analyze the pattern of logistics outsourcing based on contract term, and to ultimately contribute to enhancing competitiveness of logistics enterprises. Through the literature survey 8 factors were identified as three broad factors of corporate strategy, corporate characteristics, and environment. Factor analysis was conducted on the bases of 155 collected data among 400 distributions for 2 months from April to May in 2008. From the result of analysis, the implication and finding can be summarized into three aspects. Firstly, Korean companies value factors relative to corporate strategies as motivating factors for logistics outsourcing. Secondly, Korean companies consider logistics outsourcing depending on how to handle customers' demands and the severity of competition. Thirdly, it was found that product and organization characteristics are perceived as more important when contract term with logistics business is longer. The implications can be observed into two aspects. Firstly once the logistics outsourcing between manufacturers and logistics companies are determined, it was verified that mutual agreement, particular contracts and periodic communications can increase the outcome. Secondly the logistics outsourcing appeared to be different depending on the level of entering to foreign market and resulted in higher performance as well.

• Journal of the Korea Safety Management & Science
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• v.14 no.3
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• pp.207-220
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• 2012

Nowadays, logistics parks are no longer simply storage areas but rather the center of corporate supply activities. As the importance of logistics increases, so does the value of logistics related facilities. Unlike the past, in which the sole purpose of logistics services was the spatial movement of materials through transportation, modern logistics are required to carry out functions such as timely adjustment and swift adaptation to changing patterns, and this leads to the emphasis on forming logistics parks. Logistics parks make profits using the efficiency of time and space. Such logistics parks play an important role in a corporation creating operating profits as well as acting as a method of alternative investment for individuals. Logistics parks no longer simply store materials, but have become a place that plays an important role in various areas of corporate and individual activities, and thus the analysis of the selection of the location of logistics parks and the related characteristics is extremely important. There are many existing studies on the selection of locations of logistics parks but work on the factors related to location selection by industry seem lacking. As such, in the course of this study we have used preceeding studies to draft a questionnaire on which selection factors affect the selection of logistics park location in different industries and conducted empirical analysis of the questionnaire results to uncover the factors that affect the selection of the locations of logistics parks in different industries.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.46 no.spc
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• pp.89-100
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• 2023

Industrial complexes are areas where manufacturing companies are integrated, and logistics between tenant companies play a very important role, but idle resources can occur depending on the situation if each company operates independently. Accordingly, this study aimed to reduce overall logistics costs and increase corporate productivity by looking at ways to share and utilize logistics resources such as warehouses and transportation equipment to efficiently utilize logistics resources in industrial complexes and implementing a logistics sharing platform that can share these idle resources. To this end, this study conducted a research survey on the logistics status of manufacturing companies in Ulsan-Mipo Industrial Complex, based on this analysis, the necessity of logistics resource types and utilization of industrial complex resident companies, and based on this, a service model for logistics resource sharing was studied. In addition, it was intended to analyze the operational characteristics of the existing logistics system to derive improvements and to derive optimal measures to utilize information on shared idle resources. This study confirmed the importance of sharing and utilizing idle resources to optimize logistics resources in industrial complexes, and is expected to contribute to reducing logistics costs and increasing logistics efficiency of tenant companies.

• Journal of the Korea Safety Management & Science
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• v.17 no.4
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• pp.287-295
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• 2015

modern logistics are required to carry out functions such as timely adjustment and swift adaptation to changing patterns, and this leads to the emphasis on forming logistics parks. Logistics parks make profits using the efficiency of time and space. Such logistics parks play an important role in a corporation creating operating profits as well as acting as a method of alternative investment for individuals. Logistics parks no longer simply store materials, but have become a place that plays an important role in various areas of corporate and individual activities, and thus the analysis of the selection of the location of logistics parks and the related characteristics is extremely important. There are many existing studies on the selection of locations of logistics parks but work on the factors related to location selection by industry seem lacking. As such, in the course of this study we have used preceeding studies to draft a questionnaire on which selection factors affect the selection of logistics park location in different industries and conducted empirical analysis of the questionnaire results to uncover the factors that affect the selection of the locations of logistics parks in different industries.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.52
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• pp.155-170
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• 1999

I think that there are few domestic enterprises that recognize standardization of logistics equipments is necessary, which causes a lot of waste in costs and also reduces their business competitiveness. The purpose of this paper is to make the companies be aware of this situation, to exactly analyze where the Korean logistics equipments status are, and further to provide practical directions of methods and activities for effective standardization. Through analysis in the study, there were some findings, as listed below. First, the standardization level of each company varies depending on its own corporate characteristics. Second, if a company adopted standardization process in logistics equipments, it would accelerate process of work efficiency or productivity. Third, when logistics equipment are standardized, it would boost efficiency in storage utilization. Fourth, the delivery services through this standardized logistics would be implemented at a higher speed than before due to the accelerated flow of materials. According to the above findings, it is confirmed that logistics standardization would greatly affect on business performance positively. For the domestic manufactures to facilitate logistics system more easily, as an easiest way, it is required to build logistics standardization teams and surveys. Then afterwards, to achieve it earlier than expected, the company-wide education and training for workers have to be followed to let them be aware of necessity and inevitability about standardized logistics.

• Journal of the Korea Safety Management & Science
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• v.13 no.2
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• pp.129-135
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• 2011

Logistics parks make profits using the efficiency of time and space. Such logistics parks play an important role in a corporation creating operating profits as well as acting as a method of alternative investment for individuals. Logistics parks no longer simply store materials, but have become a place that plays an important role in various areas of corporate and individual activities, and thus the analysis of the selection of the location of logistics parks and the related characteristics is extremely important. The estimation model is established by the weights for industry derived from AHP(Analytic Hierarchy Process).

• Korea Trade Review
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• v.44 no.6
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• pp.303-325
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• 2019

The purpose of this study is to determine optimal transportation routes through the comparison of Korean - European transportation routes of automotive parts and to suggest information that can be utilized in Korea - Europe trade activities or trade route selection by establishing multipath. This study analyzed the direct transportation cost, inventory cost, and warehouse inventory cost of the sea and TSR / TCR railroad transport based on characteristics of automotive parts logistics and multimodal transportation. Also, this study identifies the most effective transportation route from the viewpoint of total logistics cost. In addition to the economic factors, we conducted an in-depth analysis through interviews with corporate executives to identify the importance of the factors with the behavioral factors, and the reliability was further secured through interviews. Through this study, it is possible to understand various aspects of international logistics by analyzing the factors of transportation choice in terms of economic and behavioral perspectives concurrently by differentiating from existing research.

• Journal of Distribution Science
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• v.12 no.5
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• pp.33-40
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• 2014

Purpose - This paper aims to review cold chain management, especially in the pharmaceutical industry, to explore the cold chain process of delivering temperature-sensitive pharmaceutical products, and to identify areas for further development. Research design, data, and methodology - The paper, based on literature review and corporate analysis, reviews the development and status of the cold supply chain system, including its important role in the pharmaceutical industry. Results - Logistics in this field requires more stages than are typically needed. Due to the unique characteristics of the market, few companies can provide the services; currently, only few global companies with large networks and high technologies can afford to do so. Expanding pharmaceutical markets to meet global demand will require cold chain development, especially in "pharmerging" markets. Conclusions - Cold chain is a highly sensitive market in terms of products being carried within the chain that itself is a complex system. However, at the same time, it is a niche market with new opportunities. Hence, a sound cold chain infrastructure is needed to satisfy companies, governments, and customers for both commercial and public reasons.