• Title/Summary/Keyword: Innovative Manufacturing Company

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A Study on the PLM for Construction Industry (건설산업에서의 PLM 설계에 관한 연구)

  • Noh, Sang-Do;Kim, Gun-Yeon;Lee, Sang-Seok;Kim, Jong-Hwan;Jung, Seung-Ho;Lee, Kwang-Myong
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2008.04a
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    • pp.253-258
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    • 2008
  • PLM(Product Lifecycle Management) is one of innovative manufacturing paradigms which leverages e-business technologies to allow a company's product content to be developed and integrated with all company business process through the extended enterprise. In these days, most construction companies also make an effort to enhance their systems for creating, sharing and managing information to improve business efficiency through entire lifecycle of project execution. Because of different needs, business process and diverse engineering activities such as design, structural analysis, installing simulation, documents and data managements, a new paradigm for construction companies is needed to manage and share the entire workflow, and information in total project lifecycle. In this paper, we conducted user requirement and business process analysis of the construction to design architecture of C-PLM(Construction Project Lifecycle management) and implement a prototype of C-PLM systems based on commercial PDM system.

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A Study of Innovation and Internationalization Strategies by a Hidden Champion Firm in Korea: The Case of CAP Corporation

  • SAMSON, Kouame Kouakou;LEE, Youngwoo
    • Fourth Industrial Review
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    • v.1 no.1
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    • pp.1-10
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    • 2021
  • Purpose - This case study analyzes the internationalization strategy and innovation strategy as key factors contributing to the business success of CAP, a small and medium-sized manufacturing company in Korea producing auto parts such as wipers. This study describes the diversification strategies conducted by CAP Corporation and highlights the company's core competencies that have largely contributed to their global competitive success. Research design, data, and methodology - This paper provides in-depth case study on how CAP was able to grow into a hidden champion company, focusing on their strategies since its establishment. In particular, by analyzing the success factors centering on CAP's aggressive innovation strategy and internationalization strategy, it presents guidelines for small and medium-sized enterprises in Asian countries to become a Hidden Champion company. Result - CAP's product technology has successfully established innovative system on their product called 'vertebra spring' to distribute uniform pressure to the rubber to ensure performance as well as durability of their products. In order to continue benefiting from utilizing core competence and to continue pursuing technological advancement in the wiper industry, CAP has launched a wide range of products (flat blade, conventional blade, hybrid blade) applicable to 95% of the vehicle in the market. Conclusion - Taken together, CAP has many aspects of a hidden champion company by investing in R&D up to 8% of its annual sales to R&D investment even during the crises situation. This number is about 3.36 times higher than the average ratio of listed companies in Korea. Furthermore, the leadership of the management team as well as their vision toward the global market and strong commitment to innovation enabled CAP to become the world's fifth-largest wiper and Asia's No. 1 wiper manufacturer.

A Study on the Factors Affecting Innovation Capability for R&D Speed on Small & Medium Manufacturing Enterprises in Gumi (구미 중소제조기업 연구개발 속도에 미치는 혁신영향 요인에 관한 연구)

  • Jung, Goo Sang;Cho, Joong Gil;Shin, Ji Wook;Kim, Tae Sung
    • Journal of the Korea Convergence Society
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    • v.7 no.6
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    • pp.249-258
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    • 2016
  • In this research, we analyzed the research and development process of small and medium enterprises, and diagnosed the problem of the research and development process of domestic small and medium enterprises, and evaluated the influence of innovative ability on the speed of research and development and corporate performance. In evaluating these effects, it is possible to grasp the direction of power generation according to the type of analysis, taking into account the meltdown factor of factors related to innovative capabilities. The main purpose of this research is to confirm the influence on the speed of research and development according to the innovative capacity and business environment and to verify the reliability and validity of the research by Klumbach alpha Was used. In this research, we analyzed how the speed of R & D affects R & D activities, it is a research aimed at the necessity of a resource-based approach to the internal capacity of a company, Have a valuable value. Based on the influence on the company, each factor is a research that analyzed the influence on R & D and financial indicators through maintaining company's development level, Research that has practical value that can base on the development of R & D capacity on corporate strategy formulation.

C-PLM: Design and Implementation of a PLM System for Effective Management of Civil Projects (C-PLM: 토목 프로젝트 관리를 위한 PLM 시스템 설계 및 구축)

  • Kang, Hyoung-Seok;Lee, Sang-Seok;Noh, Sang-Do;Lee, Kwang-Myoung
    • Korean Journal of Computational Design and Engineering
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    • v.15 no.2
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    • pp.124-135
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    • 2010
  • PLM(Product Lifecycle Management) is one of innovative manufacturing paradigms which leverages e-business technologies to allow a company's product content to be developed and integrated with all company business process through the extended enterprise. In these days, most construction companies also make an effort to enhance their systems for creating, sharing and managing information to improve business efficiency through entire lifecycle of project execution. Because of different needs, business process and diverse engineering activities such as design, structural analysis, installing simulation, documents and data managements, a new paradigm for construction companies is needed to manage and share the entire workflow, and information in total project lifecycle. In this paper, we conducted user requirement and business process analysis of constructions to design C-PLM system which is a PLM system for effective management of civil project and engineering activities. Also, we implement C-PLM system based on commercial PDM system, and applied it to civil project as case studies.

Process Foundation-methodology for PDM Introduction in Automotive Industry (자동차에서 PDM 도입을 위한 Process 구축방법론)

  • Kim, Chai Won
    • Journal of the Korean Society of Systems Engineering
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    • v.2 no.2
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    • pp.5-10
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    • 2006
  • It was difficult that each enterprise clearly defines PDM in domestic vehicle manufacturing industry and decides investment for the successful foundation in the mid-90s. Also, it was true that most investments to success repeat a process of trial and error even if they decide and propel. Now, PDM is not a luxurious system. Because the company is operated well even if it manages business manually, the company may not be interested in PDM introduction. Problem is business efficiency and product competitiveness. Now, we must consider that introduction and drive of PDM became necessary as instrumentation for Re-Engineering of business process concerning innovative dimension restructuring that is not reorganization, development and improvement of business for enterprise's survival. This indicates that now is when level of infra construction for an IT technology dominates competitiveness of business management. Enterprise can expect effects of PDM by implementation that manages Intellectual Properties through administration of knowledge and information finally.

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A Study on e-Commerce Performance in China's SMEs at Jilin Province (중국 길림성 중소기업의 전자상거래 성과에 관한 연구)

  • Yun, Kwang-Woon;Lee, Chun-Su;Li, Ben-Ke
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.3-23
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    • 2009
  • Social surveys, using various factors influencing the e-commerce's development of SMEs, are the means of explaining the rapid development of e-commerce. This makes it possible to make more efficient decisions in e-commerce. This article was written from surveys conducted in the manufacturing industry and Trade Company at Jilin Province via e-mail, fax and analyzed data by Statistical Package for the Social Sciences (SPSS). The result shows that in development of e-commerce, the business partners have significant impacts on the achievement of e-business both directly and indirectly. Second, consciousness of leaders, external support, transaction partner relationship and influence of competitors cause a direct result on the development of e-commerce On the other hand, the innovative capacity of enterprises and communication indirectly influence. Based on these, it is valid for us to for us to make correct decisions for the e-commerce development of SMEs.

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The Impact of Eco-friendly Management on Product Quality, Financial Performance and Environmental Performance

  • Ma, Jin-Hee;Choi, Seok-Beom;Ahn, Young-Hyo
    • Journal of Distribution Science
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    • v.15 no.5
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    • pp.17-28
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    • 2017
  • Purpose - Considering the environmental issues in corporate management is now a necessity, not an option. In addition, consumers' interest in health and environment has increased rapidly. This study aims to investigate how the management style that pursues environmental protection affects the various outcomes at each management process such as planning, producing and supervising process. Research design, data, and methodology - We surveyed 319 manufacturing companies from April 1 to April 30, 2016. Green purchasing, environmental technology management and management support are selected as independent variables and firm performances as dependent variables. Three analyses including factor, regression and moderating were conducted. Results - Regression analysis was performed to set up hypotheses. Consequently, the total six hypotheses were adopted and then innovative management style showed moderating effect. Conclusions - Companies should consider environmental factors to improve the financial performance in the long term. Especially the cooperative style enhances financial performance by implementing eco-friendly design in cooperation with customers. Also, eco-friendly activities with suppliers could have direct environmental protection effects. Therefore, a manufacturer needs to cooperate with both suppliers and customers to maximize the protection effect. The production of eco-friendly products and implementing eco-friendly design with customers positively affect product quality.

The effects of political skills on work innovative behavior through empowering leadership: Focusing on the leader's implicit followership prototype (정치적 기술이 임파워링 리더십을 통해 업무혁신행동에 미치는 영향: 리더의 내재적 팔로워십 프로토타입을 중심으로)

  • Hyunjoo Lee;Minseop Joung;Jiseon Shin
    • The Korean Journal of Coaching Psychology
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    • v.7 no.3
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    • pp.127-152
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    • 2023
  • Employees' innovative behavior is crucial for organizations to maintain competitiveness and foster growth. Empowering leadership coaching styles, which delegate authority and responsibility to organizational members while respecting their autonomy, create opportunities for members to solve problems and present innovative ideas. Drawing on signal theory, this study aims to clarify the process through which political skill influences employees' work innovative behavior, mediated by empowering leadership. Additionally, we examine whether the leader's implicit followership prototype moderates the relationship between employees' political skills and empowering leadership. Survey data were collected in two rounds with a two-week lag from 180 employees in a manufacturing company in South Korea. The results revealed that political skill was related to empowering leadership and subsequent work innovative behavior. Furthermore, the leaders' implicit followership prototype strengthened the relationship between political skill and empowering leadership. This study provides meaningful theoretical and practical insights into empowering coaching styles.

Determinants of New Product Performance and Environmental Dynamics as a Moderating Effect (신제품개발성과의 결정요인과 환경동태성의 조절효과)

  • Liu, Zhen;Bang, Ho-Yeol
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.9 no.1
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    • pp.845-858
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    • 2019
  • The most serious problem company facing in today's business environment is the failure of new product development outcomes. Statistically, almost half of the new products released each year failed. Despite the innovative technological advances, consumers' expectation level become much higher and global competition is intensifying. In addition, the new product life cycle is becoming shorter and shorter. It is difficult for a company to survive without developing long-lived products. The most important issue in a company's success and failure is the successful development and introduction of new products. Previous research has presented many determinants to achieve a successful new product development. This study focuses on dynamic competence as an important determinant, and identifies the constituting elements. Enterprises need to acquire, absorb, integrate and reconfigure their resources to survive and develop continuously. It is necessary to hold a dynamic ability switching resource bases in order to adapt to changing environments. The results of this study are as follows: First, the effect of learning, reconfiguration, and alliance capabilities on the new product development of small and medium-sized manufacturing enterprises seems to be positive. Second, the integrative and reconfiguration capabilities positively affect a new product development under high environmental turbulence.

A Study on Resolutions of Manpower shortage problems in Small and Mid-Sized Manufacturing Firms -Focused on the Era of Incheon and Siheung- (중소제조업의 인력 부족 해소방안을 위한 연구 -인천과시흥지역을 중심으로-)

  • Choi, Byung Woo;Yoon, Do Youl
    • Journal of Industrial Convergence
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    • v.1 no.1
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    • pp.159-169
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    • 2003
  • In the 21st century, a time for smaller companies is fast approaching. A lot of people believe that the small and mid-sized companies will be a main force for industry. However, this concept could only be possible after we find some solutions for the general, labor shortage problem. Specifically, the majority of these challenges stem from improper distribution of labor within each company's divisions. These labor shortages have been influenced by a variety of exogenous (human) variables. The sources of the most serious problems come from the lack of appropriate labor and their fair wages. The work environment is also a contributing factor. These items are considered to be serious challenges to the development of smaller enterprises. The purpose of this study is to explore these difficulties. For solving the labor shortage, enterprises and government should offer employees supportive benefits. Enterprise companies should make an effort to improve their work environments. Companies should also use innovative strategies to raise labor compensation. With this in mind, smaller firms should struggle to retain their employees for an extended period of time and commit to an organizational business strategy. Governments should try to develop a higher recognition of smaller enterprises. They should create human power recruitment, development, and recourse policies as needed. Furthermore, they should manipulate existing policies to support human resource development that aids these companies to be more competitive with larger ones. Additionally, it is necessary to develop new, creative programs to help with the social recognition of smaller enterprises.

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