• Title/Summary/Keyword: Export and Import Companies

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A Study on the Cargo Management of Export and Import Logistics in the Shipbuilding & Marine Equipment Industry (조선기자재 수출입물류 화물관리 실태분석을 통한 문제점 및 개선방안에 관한 연구)

  • Cheon, Young-Wook;Lee, Chang-Woo;Shin, Yong-John
    • Journal of Navigation and Port Research
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    • v.40 no.6
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    • pp.469-476
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    • 2016
  • This study investigates cargo management issues in the shipbuilding and marine equipment industry. Problems are analyzed concerning the absence of information about exact cargo location and condition, damage, loss, replacement, and transportation delays during the import and export process. Then, improvements are proposed to solve these problems. To illustrate, real time information about the status and location of cargo should be communicated between import/export and logistics companies to facilitate material logistics for shipbuilding & marine equipment. In addition, a standard cargo classification and recognition system should be established to reduce delivery delays and mistakes, so then enhancing logistical efficiency. Moreover, it is also necessary to nurture professional shipbuilding & marine equipment forwarders to strengthen their expertise with professional education and training.

An Empirical Study on Factors Affecting Global Single Window Usage and Performance in Korean Export-Import related Companies (한국 수출입관련 기업의 글로벌 싱글윈도우 (Global Single Window) 활용 및 성과에 영향을 미치는 요인에 관한 실증적 연구)

  • Kim, Chang-Bong;Lee, Don-Hyun
    • International Commerce and Information Review
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    • v.15 no.3
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    • pp.87-110
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    • 2013
  • The aim of this study is as follows. The first, What are the most important factors Affecting Global Single Window Usage and its Performance in Korean Trade Related Companies? The factors proposed for this study includes The pressure of trading companies in other country, Support of government, top management support, partnership among (makers distributors, retailers, customs service), education and training We gathered detailed data on our sample companies mainly from publicly available sources : Korea Customs Service. A structured questionnaire was used to collect information about: (1) general fact about the company (size, lines of business, products and services provided, employee, and some financial data about exporting), (2) To investigate the factors of the five contexts described above on korean export-import companies's global single window. The result are as follows. The analysis result revealed that the pressure of trading companies, support of government are influential variables on the affecting global single window in korean trade related companies.

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The Development and Prospects in Trans-Siberian Railway Transportation (TSR 수송의 여건변화 분석과 전망)

  • Hwang, Young-Jin
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1031-1042
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    • 2011
  • The direct investment and export of Korean companies has increased to Russia. Korea and China have mostly accounted for the Russian far eastern port of import and export cargo since 2000, and the share of container volume from Vostochny port in 2009 was Korea(71%), China(26%) and Japan(3%) each countries. Like above mentioned, The development in TSR transportation has a huge significance in the position of Korea because Korea is actively utilizing TSR(Trans Siberian Railway) transportation. Therefore, this paper is to examine the development and prospects in Trans Siberian Railway transportation.

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Strategies for Promoting Trade and Foreign Direct Investment between Korea and Vietnam (한국과 베트남의 무역 및 투자협력 증진방안에 관한 연구)

  • Kim, Jeong-Ho
    • International Commerce and Information Review
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    • v.7 no.4
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    • pp.435-453
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    • 2005
  • This paper suggests several strategies for promoting Trade and Foreign Direct Investment cooperation to the Korean government and companies as follows ; For Korean government, its trade policy would be given much weight on the import from the Vietnam in the early developing stage. This import could be compensated and increased with the counter export of Korean products like the industrial goods. For Korean companies, they would make haste to invest and develop the abundant energy and natural resources in Vietnam. Their desirable strategies would be moving small scale projects into large ones, production partnerships with the foreign developed and experienced companies, and international joint ventures for using inward FDI incentives. The long range vision and perseverance are indispensable for promoting trade and foreign direct investments between and Korea and Vietnam and both parties' win-win results and development in the end.

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A Company Growth by the Dynamic Development Process of Technology -A Case Study on Hyundai Motor Company- (기술의 동태적 발전 과정을 통한 기업성장 -현대자동차 사례연구-)

  • 박종찬
    • Journal of Korea Technology Innovation Society
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    • v.4 no.1
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    • pp.32-48
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    • 2001
  • Many Korean companies have grown up through technology import, learning, development, innovation and export. This process is called as "the dynamic development process of technology". Among many companies which have grown up by way of this process, the Hyundai Motor Company has shown a very remarkable achievement in technological growth. In short, this paper deals with the growth of Korean companies in the view of the dynamic development process of technology. As a case study, the paper analyzes the Hyundai Motor Company.r Company.

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A Study on the Trade-Economic Effects and Utilization of AEO Mutual Recognition Agreements

  • LEE, Chul-Hun;HUH, Moo-Yul
    • The Journal of Industrial Distribution & Business
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    • v.11 no.2
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    • pp.25-31
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    • 2020
  • Purpose: The AEO (Authorized Economic Operator) program, created in 2001 in the United States due to 9.11 terrorist's attack, fundamentally changed the trade environment. Korea, which introduced AEO program in 2009, has become one of the world's top countries in the program by ranking 6th in the number of AEO certified companies and the world's No. 1 in MRA (Mutual Recognition Agreement) conclusions. In this paper, we examined what trade-economic and non-economic effects the AEO program and its MRA have in Korea. Research design, data and methodology: In this study we developed a model to verify the impact between utilization of AEO and trade-economic effects of the AEO and its MRA. After analyzing the validity and reliability of the model through Structural Equation Model we conducted a survey to request AEO companies to respond their experience on the effects of AEO program and MRA. As a result, 196 responses were received from 176 AEO companies and utilized in the analysis. Results: With regard to economic effects, the AEO program and the MRA have not been directly linked to financial performance, such as increased sales, increased export and import volumes, reduced management costs, and increased operating profit margins. However, it was analyzed that the positive effects of supply chain management were evident, such as strengthening self-security, monitoring and evaluating risks regularly, strengthening cooperation with trading companies, enhancing cargo tracking capabilities, and reducing the time required for export and import. Conclusions: When it comes to the trade-economic effects of AEO program and its MRA, AEO companies did not satisfy with direct effects, such as increased sales and volume of imports and exports, reduced logistics costs. However, non-economic effects, such as reduced time in customs clearance, freight tracking capability, enhanced security in supply chain are still appears to be big for them. In a rapidly changing trade environment the AEO and MRA are still useful. Therefore the government needs to encourage non-AEO companies to join the AEO program, expand MRA conclusion with AEO adopted countries especially developing ones and help AEO companies make good use of AEO and MRA.

Case Studies on Import Clearance Disputes Facing Korean Companies' Trade Counterparts under Korea·ASEAN FTA and Countermeasures (한·아세안 FTA에서 한국 기업 거래상대방의 수입통관 분쟁 사례분석과 대응방안 연구)

  • Bae, Eun-Ju;Park, Sae-Woon;Kim, Hee-Ho
    • Korea Trade Review
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    • v.43 no.1
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    • pp.153-176
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    • 2018
  • Since entering into force on June 1st, 2007, the Korea·ASEAN FTA has had great strategic importance as it represents a massive export market for Korea. For more than 10 years since its implementation, the trade in both goods and services have greatly increased, and ASEAN has become the second largest export market for Korea. However, Korea's FTA utilization rate for exports is approximately 46%, which is far lower than the average rate of 72% for all FTAs, despite several revisions. In this study, we investigate the problems causing this low rate of FTA utilization for export by analyzing import clearance disputes faced by the counterpart. Our recommended countermeasures for such disputes are : Since form requirements for C/O (certificate of origin) are important considerations for ASEAN countries, C/O needs to be written accurately. Understanding of the administrative system and regulative procedures of ASEAN countries is also necessary. Accurate HS code of importing countries must be obtained. Korean government authorities should make diplomatic effort to ease the import clearance procedures in counterpart countries and contact customs offices to facilitate communication.

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Market Trends in Tractor Hydraulid Fluids

  • Mochizuki Akihiro
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 2005.10a
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    • pp.67-83
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    • 2005
  • [ $\blacklozenge$ ] Farm equipment market very cyclic - weather, economic factors, import/export markets $\blacklozenge$ Mergers of companies continuing $\blacklozenge$ Major Tractor OEMs have lubricant specifications $\blacksquare$ Their own house branded THF $\blacksquare$ Constant review reflecting the changes in equipment $\blacksquare$ Less interest in approving outside additives/oils for others $\blacklozenge$ Future THF lubricant market $\blacksquare$ ' Universal' THF may five way to individual products for each OEM $\blacksquare$ Sumps are getting smaller $\blacksquare$ Increased use of hydraulic system vs. mechanical $\blacklozenge$ Additive companies will need to meet many challenges

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Changes in athleisure wear trade networks - A social network approach - (애슬레저 웨어의 무역 네트워크 변화 - 사회연결망 분석 -)

  • Ju, Naan;Lee, Hyun-Jung;Lee, Kyu-Hye
    • The Research Journal of the Costume Culture
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    • v.27 no.3
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    • pp.251-263
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    • 2019
  • As the spread of the health and wellness trend continues worldwide, many consumers are spending much time on sports activities and expressing their individuality through sportswear. This study analyzes the trade networks of major exporters and importers of athleisure wear to provide an exporting policy for Korean apparel companies. As a result, The USA was found to import the most athleisure wear. On the other hand, China had the largest number of athleisure wear exports, and India's exports, which are becoming increasingly important as apparel producers were notable. Next, using the concept of the centrality of social network analysis, it was found that the USA was the largest importer and the center of athleisure wear's export network, but its influence has decreased gradually since 2010. China has the highest out-degree and betweenness centrality and center in the export of athleisure wear. The centrality of Asian countries such as India and Vietnam has increased. In Korea, the import of athleisure wear has increased greatly, but the export of athleisure wear has continuously decreased. Korea has less price competitiveness than other developing countries in Asia, but many Korean athleisure wear clothing brands are now attracting popularity not only in Korea but also in other countries with their excellent technology and design. In the future, the exporting policy of Korea's athleisure wear should focus on high value-added and differentiated products.

A Study on Determining Trade Terms for Logistics Efficiency in the Era of Logistics 4.0: Moderated Mediating Effect of Added Value of Traded Goods

  • Chang-Bong Kim;Kyeong-Wook Jeong;Hwa-Jung Hyun
    • Journal of Korea Trade
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    • v.27 no.4
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    • pp.1-18
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    • 2023
  • Purpose - The purpose of this paper is to study how flexibility and mutuality in determining trade terms impact logistics efficiency in the context of relational theory. Additionally, the effect of relational contracts on logistical efficiency relative to the value of the goods being traded is investigated. Design/methodology - According to the relational contract theory, we developed 17 factors utilizing a 7-point Likert scale to measure variables related to flexibility, mutuality, logistics efficiency, and the added value of goods. The survey occurred over four months, and was distributed directly, and via email, phone, and online Google surveys. A total of 403 surveys were collected out of 1,800 distributed, and 380 were analyzed. The principal respondents were import/export companies and members of the Korea International Trade Association and the Korea Small and Medium Business Export-Import Association. The collected data were analyzed using frequency analysis, exploratory factor analysis, and correlation analysis using SPSS ver. 26.0 statistical software, and hypothesis test results were derived using Process Macro ver. 3.5. Findings - This study provides evidence that negotiation flexibility for trade terms affects the efficiency of the logistics process, and the mutuality of such arrangements is shown to be associated with the flexibility and efficiency of logistics processes. Additionally, it has been established that companies whose trade goods possess a low degree of added value may experience increased efficiency in logistics operations if they agree to trade terms that are both flexible and mutually beneficial with their counterparts. Originality/value - This study suggests that in an environment of rapidly shifting global logistics and unpredictable related costs, trade companies may be able to improve logistics efficiency by establishing flexible, mutually beneficial trade terms when entering into contracts. Furthermore, it is suggested that companies dealing in low-value-added products may improve the logistical performance of approaching trade from a perspective of relational contracts.