• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.67
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• pp.97-118
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• 2015

This study reviews the judgements by the Korean Supreme Court on the time of delivery of goods, as it depends on which bonded place the goods are kept for the purpose of the customs clearance. Thereafter, this study analyzes the Ocean Carrier's liability, when the cargoes are mis-delivered without the presentation of bill of lading in relation to the specific bonded place such as an independent bonded warehouse or a self-use bonded warehouse. Furthermore, considering that voyage charter is a kind of marine transport, this study also reviews whether or not the Court's judgements, which has been developed in respect of the carriage of affreightment, could be applied to voyage charter in respect of the time of delivery goods and the Ocean Carrier's liability for mis-delivery. Lastly, in the case that the substantial importer takes the goods from the independent bonded warehouse without the presentation of bill of lading after the customs clearance, it is noted that the Court has made the Ocean Carrier liable for the mis-delivery through the application of theory of double deposit contract. The position of the Court would be understandable in terms of the protection for the bona-fide holder of bill of lading, but this study reviews the limitation of liability as the device for the protection of the Ocean Carrier, considering the situation where the Ocean Carrier is somewhat unreasonably sacrificed under the bonded system provided for the convenience of substantial importer.

• Journal of the Korean Wood Science and Technology
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• v.24 no.2
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• pp.71-80
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• 1996

Handling the manufacured goods is the most cost-consuming task in material handling system in wooden furniture industries. Fully automated warehouse for cartoned goods of a furniture manufacturing company was analized to provide plant engineers and managers with some important informations on the utility and profitability of the automated storage and retrieval system(AS/RS). Process-oriented simulation modeling tech-niques were used to describe the system and to propose some alternatives to promote the efficiency of AS/RS. Simulation report could be inter-preted as follows: 1. Warehouse for the furniture goods must be designed in accordance with reliable material handling program and constructed with suitable equipments depending on the specification of packed products. 2. An excess of palletized products induced the indigestion and the inefficiency of AS/RS of the furniture industry and put this high-costly system into the shade. 3. Overcrowded AS/RS of the furniture factories could regain its material handling function by cutting down the deposit of products into the automated warehouse. For this purpose, reducing the regular output and direct delivering the outside products to the destination should be considered as the definite counterplan. And additional operation of conventional handy warehouse was also expected to improve the efficiency of main AS/RS.

• Journal of Korean Institute of Industrial Engineers
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• v.18 no.2
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• pp.109-121
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• 1992

In this paper, we address a layout design problem for determining a K-class-based dedicated storage layout in an automated storage retrieval system. K-class-based dedicated storage employs K zones in which lots from a class of products are stored randomly. Zones form a partition of storage locations. Our objective function is to minimize the expected single command travel time, which is expressed as a set function of space requirements for zones, average demand rates from classes, and one-way travel times from the pickup/deposit station to locations. We construct a heuristic algorithm based on analytical results and a local search method, the methodology deveolped can be used with easily-available data by warehouse planners to improve the throughput capacity of a conventional warehouse as well as an AS/RS.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.66
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• pp.1-23
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• 2015

A party who relies on a breach of contract must take such measures as are reasonable in the circumstances to mitigate the loss, including loss of profit, resulting from the breach. Appropriate measures are those aimed at lessing the loss as far as reasonably possible. Such measures will typically be a resale of the goods by the seller or a cover purchase by the buyer. The measures the injured party is expected to take in order to mitigate the loss must be reasonable in the circumstances. Article 77 will be applied to the difference between the amount by which the loss should have been mitigated under Article 77. A reduction of damages is the only remedy available to the party in breach in cases covered by Article 77. If the buyer has received the goods and intends to exercise any right under the contract or this Convention to reject them, he must take such steps to preserve them as are reasonable in the circumstances. If goods dispatched to the buyer have been placed at his disposal at their destination and he exercises the right to reject them, he must take possession of them on behalf of the seller. Article 86(1) requires that the buyer manifest his intention at the moment of receipt of the goods. Article 86(2) envisages that the goods have been dispatched to the buyer and that they have been placed at his disposal at their destination. Article 87 allows him to deposit them in the warehouse of a third person. It is not necessary that the warehouse by public, or that it be a general warehouse for storage. A party who is bound to preserve the goods in accordance with articles 86 may sell them by any appropriate means taking possession of the goods or in taking them back or in paying the price or the cost of preservation. If the goods are subject to rapid deterioration or their preservation world involve unreasonable expense, a party who is bound to preserve the goods must take reasonable measures to sell them. A difference exists between paragraph Article 88 (1) which grants the right to sell, and paragraph (2 )which imposes the duty to take reasonable measures to sell the goods. According to Article 88(2), the party who wishes to sell must give notice to the other party of such intention, to the extent possible.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.62
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• pp.3-32
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• 2014

Article 77 sets forth the principle of prevention applied in several legal systems. Under this principle the party threatened by ooss as a consequence of a breach of contract by the other party is not permitted to await passively incurrence of the loss and then sue for damages. He is obliged to take adequate preventive measures to mitigate his loss. If the injured party abstains from taking such excessive measures he will not be considered to have failed to mitigate the loss under Article 77. The sanction provided in Article 77 against a party who fails to mitigate his loss only enables the other party to claim reduction in the damages. The reduction in damages under Article 77 is equal to the amount by which the loss should have been mitigated if the injured party had taken reasonable measures to avert or to lessen it. The aim of Article 77 is to encourage mitigation of the loss. The duty to mitigate the loss applies not only to a breach of contract in respect of an obligation whose performance is currently due. but also to an anticipatory breach of contract under Article 71. Article 85 contemplates that the buyer is in delay in fulfilling the latter obligation, or else that he fails to pay the price when payment is to be made concurrently with delivery of the goods by the seller. In both these situations of default, the seller who is either in possession of the goods or otherwise able to control their disposition must take measures, reasonable in the circumstances, to preserve them. The right of retention of the goods y the seller exists until he is reimbursed by the other party for the reasonable expenses incurred. Article 87 and Article 88 of the Convention grant different rights to the party obligated to take steps to preserve the goods; Article 87 allows him to deposit them in the warehouse of a third person, and Article 88 to sell them by whatever means appropriate. A difference exists between paragraph Article 88 (1) which grants the right to sell, and paragraph (2) which imposes the duty to take reasonable measures to sell the goods.

• Convergence Security Journal
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• v.11 no.3
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• pp.99-111
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• 2011

The management and deposit of paper document costs are increased gradually. Specially, it is too expensive to safekeeping paper document in the warehouse. Also paper based document system is exposed in several security problems. Therefore, demands of transformation process from paper document into electronic ones are quietly needed. Electronic document repository system is one of the best solutions for solving paper based document system issues. Electronic document repository system can reduce overall costs and provides some advantages in comparison with paper based document system. But, electronic document repository system has no formal methodology for guarantee safeties. Therefore, we suggest a security mechanism for establish electronic document repository system. Suggested security methodology can help for design of more secure electronic document repository system.