• Title/Summary/Keyword: Logistic Business

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Effect of Continuity Rate on Multistage Logistic Network Optimization under Disruption Risk

  • Rusman, Muhammad;Shimizu, Yoshiaki
    • Industrial Engineering and Management Systems
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    • v.12 no.2
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    • pp.74-84
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    • 2013
  • Modern companies have been facing devastating impacts from unexpected events such as demand uncertainties, natural disasters, and terrorist attacks due to the increasing global supply chain complexity. This paper proposes a multi stage logistic network model under disruption risk. To formulate the problem practically, we consider the effect of continuity rate, which is defined as a percentage of ability of the facility to provide backup allocation to customers in the abnormal situation and affect the investments and operational costs. Then we vary the fixed charge for opening facilities and the operational cost according to the continuity rate. The operational level of the company decreases below the normal condition when disruption occurs. The backup source after the disrup-tion is recovered not only as soon as possible, but also as much as possible. This is a concept of the business continuity plan to reduce the recovery time objective such a continuity rate will affect the investments and op-erational costs. Through numerical experiments, we have shown the proposed idea is capable of designing a resilient logistic network available for business continuity management/plan.

Stock Price Predictability of Financial Ratios and Macroeconomic Variables: A Regulatory Perspective

  • Kwag, Seung Woog;Kim, Yong Seog
    • Industrial Engineering and Management Systems
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    • v.12 no.4
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    • pp.406-415
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    • 2013
  • The present study examines a set of financial ratios in predicting the up or down movements of stock prices in the context of a securities law, the Sarbanes-Oxley Act of 2002 (SOA), controlling for macroeconomic variables. Using the logistic regression with proxy betas to alleviate the incompatibility problem between the firm-specific financial ratios and macroeconomic indicators, we report evidence that financial ratios are meaningful predictors of stock price changes, which subdue the influence of macroeconomic indicators on stock returns, and more importantly that the SOA truly improves the stock price predictability of financial ratios for the markup sample. The empirical results further suggest that industry and time effects exist and that for the markdown sample the SOA actually deteriorates the predictive power of financial ratios.

An Empirical Study on the Determinant Factors of Logistic Partnership of manufacturers in Gyeongbuk-do Province (경상북도 지역 제조기업의 물류통상 파트너십 결정요인에 관한 연구)

  • Shin, Jeong-Yong;Cho, Cheong-Gu;Koh, Yong-Ki
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.123-152
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    • 2010
  • With the change of diverse business environments, the need for the third party logistics(3PL) is strategically considered for securing core abilities of manufacturers' own business. Most manufacturers are willing to have Win-Win relationship with the 3PL companies, instead of working with 3PL companies only for the purpose of reducing costs of logistics. This study has intentions to analyze determination factors of the distribution partnership which influence manufacturing firms within Gyeongsangbuk-do province and effects of partnership which exert an favorable influences on their outcome. With regard to the determination factors, it is found that determination factors consists of shipping quality, crisis management and possession of resources. And for the effects, saving logistics cost, improvement in service quality and strengthening the distribution partnership are included. This study intends to suggest helpful guidelines to business managers who seek a solution for more efficient logistics service.

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Effects of Box Shape and Diverse Components of Large-Sized Products on Consumers' Product Evaluations in Logistic Business

  • Dongkyun Ahn;Seolwoo Park
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.83-95
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    • 2022
  • Purpose - With the recent spread of COVID-19, U.S. consumers' consumption pattern is changing towards purchasing large-capacity products, as they stay at home longer. Thus, the current research investigates the effects of box shape and component diversity for large-sized products on product evaluation in logistic business. Moreover, this research examines that information-processing fluency mediates the moderating effects of box shape and product components on target evaluations to confirm psychological mechanism for generating this effect. Design/methodology - In order to examine the hypotheses, the current research conducts two online experiments. The 184 participants (Study 1), and 205 participants (Study 2) of U.S. nationality were recruited through Amazon Mechanical Turk. This research analyzes the data by using SPSS 25 and PROCESS macro 4.0. Findings - Study 1 demonstrates that when the height of a box is greater than its width, products with single components promote positive target evaluations, while when the width of box is greater than its height, products with a variety of components lead to positive target evaluations. Study 2 shows that the same results are replicated in other product categories and with different box shape ratios. Moreover, Study 2 also finds that the ease of information processing mediates the interaction effects of box shape and component diversity on U.S. consumers' target evaluations. Originality/value - The current research has originality in that it investigates the effect of box shape and product composition diversity on U.S. consumer product evaluation from the perspective of information-processing theory Moreover, this research has practical implications for global traders who prepare for entering the U.S. market.

A Study on the Effects of Logistic Information System on Performance by Efficiency of Internal Operation and Organizational Innovation (물류정보시스템 특성변수와 성과간의 관계에 내부업무효율성과 조직혁신이 미치는 영향에 관한 연구)

  • Sim, Gug-Bo
    • Journal of Korea Port Economic Association
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    • v.24 no.1
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    • pp.85-102
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    • 2008
  • The purpose of this study is to analyze the effects of Logistic Information System on performance by efficiency of internal operation and organizational innovation. The results of this study as follows : The characteristic variable evaluation model that extended from the performance(user's value, perceived usefulness) of Logistic Information System were verified meaningfully. In this study, the efficiency of internal operation and organizational innovation were very important factor, to analyze the effects of Logistic Information System on performance. This study expect that Logistic Information System will achieve their Logistic Information System competitiveness through continuous quality measurement and improvement to increase the performance.

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A Study on Service Quality Factors of Logistic Catalog Management System Affecting the Service Trust (군수목록관리시스템의 서비스 품질 요인이 서비스 신뢰에 미치는 영향에 관한 연구)

  • Han, Jae-Jeong;Han, Kyeong-Seok
    • Journal of Digital Convergence
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    • v.11 no.11
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    • pp.257-263
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    • 2013
  • This study focused on service quality, service value, service satisfaction and service trust of system being used in DAPA(Defence Aquisition Program Adminstration) to manage logistic items. DAPA in operating a few systems to manage efficiently logistic items. This study focused on the catalog management system service quality. Because catalog management system has been the most requested service system of being used in DAPA by defense firms since DAPA was founded, it would be the most fitted system in this study. Through this study, we drew a direction in establishing service. This study also could be applied to business practice so defence industry firms would trust DAPA and DAPA could offer a better service quality. Quick and exact service offered by logistic catalog management system would lead delivery of military supplies and export. Consequently, the best quality service would contribute to profit increase for defence industry firms, independent defence and nation economy development.

BP Modeling and Data Standardization for Logistics Cargo Tracking Process based on UN/CEFACT (물류 화물 추적을 위한 UN/CEFACT 표준 기반의 BP 모델링 및 데이터 정의)

  • Ahn, Kyeong-Rim;Youn, Keun-Young;Park, Chan-Kwon
    • The Journal of Society for e-Business Studies
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    • v.14 no.4
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    • pp.299-313
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    • 2009
  • As domestic logistics environment has changed into global logistics, various logistics parties are participating in processing logistics business. Goods is packed into container and delivered to consignee in steps. The goods may be damaged or lost since it has not directly delivered to consignee by single entity during the delivery process. Therefore, all parties want to know the flow of export/import cargos. However, it is very difficult to follow cargo flow consistently delivered from consignor to consignee. Because cargo flow does not be matched up information flow and information systems are based on neither standard business processes nor standard data, which makes it very difficult to associate logistics data among various logistic parties. This paper performs business process modeling for cargo tracking with international standard modeling methodology released by UN/CEFACT. And then, the standard data is defined for cargo tracking business process of unified and integrated business collaboration. The resulting business process model and data model will support international interoperability.

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A Study on general logistic center of agriculture products for location selection model (농산물 종합물류센터조성을 위한 입지선정 평가요인 분석)

  • 김규창
    • Journal of Distribution Research
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    • v.3 no.1
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    • pp.145-158
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    • 1998
  • The selection of proposed sites for the general logistic center of agriculture products would be made the most suitable place by considering the spread of population as real consumers, the prospect of the demand, the expansion of traffic system, the regional, hourly and carring traffic volume and the use of land based urban planning, etc. As the preconsideration, the possible occupant companies have to be selected on the category of business and the district. After posing questions and having interview, several selected regions would be compared and analysed for deciding the most suitable place. The model for the general logistic center of agricultural products must be selected taking key factors approach for choosing key factors at first and referring to many documentary records. And the more, cooperating with the specialists for location selection and making objective questions to concerned companies, the most suitable place is selected by marking high score for the moderate land cost, the low traffic jam, the connection with the back cities and the possible expansion as the general logistic center of agriculture products.

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A Study on the Improvement of Logistic Support by Performance Based Logistics (성과기반군수(PBL)를 활용한 군수지원 발전방안 연구)

  • Choi, Seok-Cheol
    • Journal of the military operations research society of Korea
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    • v.34 no.2
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    • pp.43-61
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    • 2008
  • Performance based logistics(PBL) is recently studied and applied for enhancing the combat readiness and reducing the life-cycle cost for weapon system in the United States. Therefore, in this paper, we review the issues of logistic support and suggest alternatives to effectively manage the logistic support for weapon system by using performance based logistics, especially during operation and support phase of weapon systems.

Effect of Component Factors of Innovation Clusters on the Corporate Business Activity: The Moderating Effect of Financial Support

  • Im, Jongbin;Chung, Sunyang
    • World Technopolis Review
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    • v.4 no.3
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    • pp.144-156
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    • 2015
  • Globalization and knowledge-based economy have increased the importance of local areas as the units of global competition. Therefore, the meaning of localities has been emphasized as the core value of economic activities. In this context, innovation cluster has been recognised and emphasized as effective policy measure for innovation. Therefore, most countries have been trying to develop innovation clusters with their expectation for a rapid growth of economy. Nevertheless, there have been minimal empirical researches on innovation cluster. Therefore, for suggesting implications that activation factors of innovation cluster are to have an effect on tenant's business activities, this study conducted a literature review for the theories of regional innovation system(RIS) and innovation cluster. As a result, the activation factors of innovation cluster were classified into institutional, physicals, and social factor. The case of Gyeonggi province's innovation cluster policy was examined for an empirical analysis. Data were analyzed using ordered logistic regression. The results were as follows:First, Institutional and Infra factors had a positive influence on firms' business activities in every empirical test, so they were the most important activation factors of innovation cluster. Second, regarding the interactive effects of financial support, the interactive effects between financial support and Infra factor had a positive influence on the firms' business activities, according to the result of the empirical test.