• Title/Summary/Keyword: Korea logistics industry

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Research on the Impact of Logistics Industry Efficiency and Agglomeration Effect on Import and Export Trade in Korea

  • Cheng, Wen-Si
    • Journal of Korea Trade
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    • v.25 no.5
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    • pp.93-109
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    • 2021
  • Purpose - The logistics industry is often featured by its location relevance and industrial concentration. Industrial concentration is conducive to the effective transmission of information by reducing transaction costs and improving transaction efficiency, thus promoting the development of trade. The main purpose of this paper is to measure the spatial total factor productivity and location quotient of the logistics industry in Korea, and to study the impact of the logistics industry efficiency and agglomeration effect on import and export trade in Korea. Design/methodology - First, used the spatial stochastic frontier method to measure the spatial total factor productivity of the logistics industry in Korea, this serves as the efficiency index of the logistics industry in various regions of Korea. Second, calculated the location quotient (LQ) of the logistics industry to measure the industry's concentration degree. Third, employed a spatial econometric model to analyze the impacts of factors such as the efficiency and concentration levels of the logistics industry on import and export trade in Korea. Findings - This study's main findings can be summarized as follows: this study found that the overall efficiency of the logistics industry in Korea needs to be improved, even though it showed an upward trend in all regions of the country; Moreover, the agglomeration level of Korea's logistics industry needs to be improved; Finally, the positive spatial correlation and industrial agglomeration effect of Korea's logistics industry had a positive impact on the country's import and export trade. Originality/value - This study is innovative in terms of research perspective and methods. Most of the previous studies have measured the development level of the logistics industry using the logistics performance index (LPI), Fewer studies have assessed through the spatial total factor productivity and location quotient of the logistics industry in Korea to measure the efficiency index of the logistics industry in various regions of Korea and concentration degree, as well as there was almost no study on the impact of logistics industry efficiency and agglomeration effect on import and export trade in Korea. This study addresses this limitation by analyzing the impacts of the efficiency and agglomeration effect of the logistics industry on import and export trade in Korea.

A Survey on the Safety Management in Korean Logistics Industry (한국 물류 산업에서 안전관리에 관한 연구 문헌 조사)

  • Yang, Byoung-Hak
    • Journal of the Korea Safety Management & Science
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    • v.9 no.5
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    • pp.27-36
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    • 2007
  • Logistics has been recognized as a growing industry in Korea. Accidents in Korean logistics industry are listed up in this paper. As accidents in Korean Logistic industry increasing rapidly, lots of researches on the safety management in logistics industry are published. We surveyed those Korean research papers including supply chain management. Research papers are classified by logistics function and logistics area. Some logistics area still have not been researched on safety management.

A Study on the Developing Subject of Integrated Logistics Industry for the Northeast Asia Logistics Hub (동북아물류허브화를 위한 종합물류업의 발전적 과제)

  • Kim, Jong-Deuk
    • International Commerce and Information Review
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    • v.8 no.3
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    • pp.167-189
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    • 2006
  • In this year(2006), the Korean government has announced the integrated logistics promotion act, to improve the international competitiveness of Korean logistics companies and to develop the north-east asia logistics hubs. Therefore, in this study, emphasized to goes forward better and presents integrated logistics industry expansive assignment through domestic logistics companies' problem and integrated logistics industry investigation of certification system as plan for successful fixing of integrated logistics industry for Northeast Asia logistics hub while strengthen international competitiveness of domestic professional logistics companies. So that the South Korea becomes Northeast Asia logistics hub country, to expand lacking logistics infra at good time is important, also, reform backward logistics system of consignor companies and advance actively to the Northeast Asia logistics market is very important to improve the professional logistics companies' upbringing to lead the Northeast Asia logistics market.

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A Study on Establishment of Smart Logistics Center based on Logistics 4.0

  • Cho, Gyu-Sung
    • Journal of Multimedia Information System
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    • v.5 no.4
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    • pp.265-272
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    • 2018
  • Busan is Korea's No. 1 trading port, and the logistics industry plays an important role in the regional industry as a whole. In Busan, various efforts are being made to revitalize the port logistics industry, but it is necessary to develop various policies and related technologies linked with the 4th industry. In this study, we propose a smart refrigeration logistics center, which is required for the activation of Busan New Port and the new port of Pusan New Port, which is connected with the 4th industry. I would like to present the operation direction of the center.

Panel Analysis of Relationship Between Regional Logistics Industry and Economic Growth in Korea (지역물류산업과 경제성장의 관계에 대한 패널분석)

  • Choi, Bong-Ho;Lee, Gi-Whan
    • Korea Trade Review
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    • v.44 no.2
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    • pp.173-188
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    • 2019
  • The purpose of this study is to investigate the causal relationship between the logistics industry and the economic growth in Korea, and to provide implications for the contribution of the logistics industry to economic growth. Unlike Previous Related Studies, we derive short-term and long-term effects through dynamic panel analysis such as panel Granger causality test and impulse response function estimation using panel vector error correction model. The results of the empirical analysis are as follows: Labor input of the logistics industry has the greatest positive impact on economic growth. And capital input and total sales of the logistics industry have a negative effect on economic growth. This means that Korea's logistics industry features labor-intensive growth. In addition, We have also found that the growth (sales) and capital input of the logistics industry have not yet had a direct positive impact on economic growth. Therefore, the results of this analysis provide implications for the direction of logistics industry policy to enhance contribution of the logistics industry to economic growth.

A study on human resources of the logistics industry in Korea (우리나라 물류 산업 인력에 관한 소고)

  • Kim, Woo-Hyun;Lim, Seong-Il;Lee, Yeon-Bog;Jung, Sung-Hoon;Kang, Kyung-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2009.11a
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    • pp.125-144
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    • 2009
  • Korean logistics industry have been focused on transportation business. However, with the expansion of the electronic commerce and on-line shopping, delivery service is now dramatically growing. Despite the expansion of logistics market, the domestic logistics industry have significant structural problems such as low productivity comparing with the advanced countries, relatively high cost and shortage of human resources and lack of professionalism of people in the industry. Logistics companies reallocate employees, use subcontractors, expand consignment and training the employees to overcome the labor shortages but it has some limits. In recognition of the importance of labor in the logistics industry, financial support and investment have increased. Logistics companies tend to hire consultants, set up logistics department or R&D center in order to establish highly productive logistics process and system so it is viewed that there will be considerable demands of human resources in the logistics industry. This study indicates implications and development direction of human resources in the logistics industry by looking into prospect and characteristic of the industry, employment status, training programs and qualification requirements.

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A Study on the Cultivation Strategies of Logistics Talent in China

  • Kim, Gi-Pyoung;Lee, Jae-Won
    • The Journal of Industrial Distribution & Business
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    • v.3 no.1
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    • pp.17-24
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    • 2012
  • The logistics industry is based on personnel, and without talented individuals, corporate success in impossible. Therefore, we should fully understand and research China's future in logistics along with the status of related personnel in the country, and seek to establish valid measures concerning our country's logistics personnel. In order for Korea's logistics industry to develop, we should also consider professional training of personnel and the establishment of training facilities. The training of logistics personnel can promote national competitiveness, and can contributetowards the national economy. Also, the production of competitive personnel can secure the healthy and secure development of the Chinese logistics industry. In conclusion, our companies should continue professional training for current and new employees, and through internal training and certifications, improve workers' capabilities and productivity, promoting the healthy development of the logistics industry.

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A Study on the Entry of Korean Shipping & Logistics Company into the Offshore Plant Logistics Service Market

  • Shin, Seok-Hyun;Kwon, Moon-Kyu;Park, Jin-Hee;Park, Young-Kyu
    • Journal of Navigation and Port Research
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    • v.39 no.2
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    • pp.125-130
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    • 2015
  • Korea is worldwide top manufacturer of offshore plant industry, while shown weakness in high-valued offshore plant service industry (OPSI). The governmental support policies and studies for fostering programs are centered on shipbuilding and engineering sector. On the other hand, offshore logistics service sector among the programs is neither included as governmental fostering support sectors nor ever-studied. Domestic shipping and logistics companies have many experience of handling various project, heavy-lift cargo and even super blocks on shipbuilding industry. However they are faced with lack of appropriate heavy carrier and others. So for their successful entering into offshore plant logistics market, systematic preparation, studies and supporting policies are highly recommended.

A Study on Promoting 3PL(3rd Party Logistics) in Korea (우리나라 물류기업 육성방안에 관한 연구)

  • 남기찬;곽규석;이태우;연정흠
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2003.05a
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    • pp.281-288
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    • 2003
  • When comparing Korea logistics industry with advanced nations, in size, service scope, network and others, our domestic logistics industry is falling behind, and this problem will deter the efforts of South Korea becoming the logistics hub nation in North-east Asia. This study will focus on current conditions of th foreign and domestic logistics, presents policies and plans which will advance logistics industry in South Korea. The results of this study will promote logistics industry in Korea and attain the aim of being a Logistics Hub nation in North-east Asia.

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The Study of Logistics Process Standardization (물류 프로세스 표준화 연구)

  • Park, Sun Ho;Park, Soo Min
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.7 no.1
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    • pp.173-183
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    • 2011
  • Global logistics including Korea had developed at various fields through the developed IT technology. In addition, in changing into Internet based digital economy times, economic and logistics activities became extending into worldwide over the cross-border. Logistics activity performed by off-line rapidly changed in real environment. But, unfortunately business process modeling about the whole logistics was not happened, even though process modeling had done by transport stages or logistics entities. Therefore, it is difficult to grasp the whole logistics. Additional cost and time was requested due to no association between logistics entities and invisibility. So, this paper has to be process modeling for logistics industry domain. For objective modeling, work area shall be divided and it extracts general work process per each area. And then it defines subprocess of general work process. Cargo tracking in logistics industry domain means to grasp the status and present states at transportation or storage stage. This paper defines business process and data model for electronic processed work area using the UN/CEFACT standard modeling methodology.