• Title/Summary/Keyword: Logistics Company

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Logistics Information System's Implementation Strategy of Global Company for Effective Logistics Cost Management : Focus on Case Study of 'A' Electronic Company (물류비의 효율적 관리를 위한 글로벌 기업의 물류정보시스템 구축 전략 : 'A'전자 구축사례를 중심으로)

  • Lee, Jong-Hwa;Goh, Hyun-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.1
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    • pp.132-141
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    • 2008
  • This research was conducted in order to present the strategies of implementing the logistics information system for effective logistics cost management with the case study of a leading global company. The strategy for effective logistics information system can be derived from the 3 different viewpoints, Firstly the effective global logistics management can be insured by means of the efforts of the reinforced total organization. Secondly from the process-oriented perspective, we should recognize the logistics process as the core factor of the competitive strategy and innovate the logistics process itself for the logistics cost reduction. Finally, the logistics cost will be effectively managed through establishing its logistics information strategy which maximizes the utilization of the information technologies. The case study of 'A' electronics company shows that its logistics management system provides the company with various visibilities about its logistics cost and the direct and indirect benefits over billions of wons per year as well. Therefore we can conclude that the research model provided in this research is validated. This study presents the concrete implementation strategies of the logistics information system and verifies the validity of the strategies by means of the case study of a leading company.

A Study on Logistics Activities and Business Performance of Korean Industries (한국제조업체의 물류활동과 기업성과에 관한 연구)

  • 이덕수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.48
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    • pp.89-99
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    • 1998
  • The purpose of the study was to identify the relationship of the logistics activities with the overall performance among the Korean industries, in order to suggest ways of enhancing the level of effectiveness in logistics management. On the basis of current logistics literature and research data, an analysis had been attempted to provide the study with a theoretical framework, followed by an empirical research that analyzed, among the randomly selected companies, the relations between logistics activities and management policy; logistics activities and logistics environment; logistics environment and the usage of computer software; management policy and the usage of computer software; management policy and performance; logistics environment and performance. Analyses of the data suggested that the companies that lay heavy emphasis on logistics effectiveness showed higher performance; management policies of the companies are influenced by their logistics characteristics; the more strongly is a company oriented logistically, the higher effectiveness in logistics activities it maintains; there is a significant relationship between the logistics environment a company is operated in and the company's reliance on logistically oriented information technologies; there is a close relationship between a company's logistics activities and its business outcome.

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Studies on Change of Logistics Concept and Introduction of 4PL

  • KIM, Jin-Hwan
    • East Asian Journal of Business Economics (EAJBE)
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    • v.9 no.1
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    • pp.27-39
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    • 2021
  • Purpose - According to the actual change of the logistics concept, the outsourcing activities of companies are actively progressing, and this is proceeding to third-party logistics and fourth-party logistics. This change in logistics situation raises the need for an in-depth understanding of four-party logistics. Research design, data, and methodology - In this study, first of all, the theoretical aspects of changes in the logistics concept are identified, along with the outsourcing and third-party logistics. Finally, the concept of four-party logistics, the background of its introduction, and future prospects will be explored. Result - The meaning of physical distribution is now passing through the existing three-party logistics and entering the era of four-way logistics. In addition, cost reduction and improvement of customer service through advanced logistics strategy can be said to be the company's competitiveness. Through this study, it can be seen that the conceptual change of logistics and the introduction of four-party logistics are closely related to the survival of the company's deficit in the market. Conclusion - In modern society, logistical competitiveness is the competitiveness of a company, and logistical activities of a company can be achieved through the process of entering the four-party logistics from the existing third-party logistics based on outsourcing. Then more customer-oriented service can be provided.

A Study on the improvement of procurement logistics for synchronous manufacturing (동기화 생산을 위한 조달물류 개선에 관한 연구)

  • Yoo, Sung-Hee;Jang, Jung-Hwan;Zhang, Jing-Lun;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.261-267
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    • 2013
  • In automobile company it is needed to establish the collaborative relationship between the assembly company and the part manufacturing company. In this paper we established the improvement for the procurement logistics and logistics in assembly company and thus we derived the near optimal procurement cycle through the simple EXCEL simulation and the improved inventory management method for H automobile company in CHINA. At this time we adopted the pull manufacturing process instead of push manufacturing process. We resulted that the manufacturing activity of both companies was stabilized and the usage of storage area in assembly company was reduced by 50%, especially it was reduced by 100% in the case of directly delivering the parts to assembly line through the third party logistics company.

The study on the Ways to Invigoration of Small Business Logistics by using Multilateral FTA (물류중소기업의 TPP 활용방안에 관한 연구)

  • KIM, Dong-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.68
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    • pp.149-169
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    • 2015
  • Recently, it's a trend that the third party outsourcing logistics will be increased a logistics flow from law material to final products. The government also works on promoting logistics company as securing the expertise for strengthen logistics industry and secure competitiveness. Nevertheless, logistics market have been divided by polarization between small logistics company and major company. Also a labor who work for logistics is being caused by worsened working conditions. That is one of results of the survey. Almost 50% of response are they have not been aware of FTA and have not known to need the FTA. Many respondents said that entering the overseas logistics or a new way like FTA will be difficult to take part in. Therefore I suggest several examples in this paper to encourage a vitalization of small logistics company through the multilateral FTA. Now our country needs to make an effort to maximize connections between multilateral FTA and policy effect by signing FTA with many countries and extending Economic territory. This effect can completely cope with the improvement of economic interests, establishing regional integration strategy and change of global supply chain. Therefore, a small business logistics have to make their competitiveness & a new dealing market in the future.

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A Study on the Efficient Using Plans of Cyber Logistics Information Service of the Korean Companies (국내 사이버물류정보서비스 구축 현황과 기업의 효율적 활용방안)

  • Kim, Jong-Deuk
    • International Commerce and Information Review
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    • v.5 no.1
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    • pp.103-121
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    • 2003
  • Nowadays, the spread of electronic commerce using internet demands a large changes doing business with company to company and give that company a change to recognize logistics. To support logistics activity, all kinds of companies are using the computer and are recognized that the efficient using of Cyber Logistics Information will mainly play a roll to strength the companies competition power. Accordingly, the purpose of this study is to suggest the following plans, the first plan is to research the companies which is offering the logistics information on the Web site based on the internet and to investigate the contents of Logistics Information, then the second plan is to give companies which is to get the logistics information on Internet, more efficient ways using internet based logistics information systems.

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An Empirical Study on Factors Affecting the Implementation of Information Technology in Korean Global Logistics Companies (국제물류업체의 정보기술(Information Technology) 수용에 관한 실증적 연구)

  • Lim, Jun-Hyeong
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.75-95
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    • 2010
  • This paper examined the factors affecting the implementation of information technology in Korean Global Logistics Companies. Nowadays, the spread of electronic commerce using internet demands a large changes doing business with company to company and give that company a change to recognize logistics. To support logistics activity, all kinds of companies are using the computer and are recognized that the efficient using of Cyber Logistics Information will mainly play a roll to strength the companies competition power. We gathered detailed data on our sample companies mainly from publicly available sources : Korea International Freight Forwarder Association (KIFFA), and companies' web sites. A structured questionnaire was used to collect information about: (1) the company (2) To investigate the factors of the three contexts described above on korean Global Logistics companies's electronic trade adoption and implementation. (3) Usage level of electronic logistics. Most of the approximately 70 questions enumerated in the questionnaire were open-ended, which was consistent with our primary objective of developing a conceptual framework that was informed by empirical evidence. This study suggests that top management support and influential power are main factors for the Korean Global Logistics Companies.

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The Effects of Logistics Competence in Korea Overseas Shipping Industry (국제해상운송업의 물류경쟁력 영향요인)

  • 박영근;공덕암
    • Journal of Korea Port Economic Association
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    • v.21 no.1
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    • pp.45-58
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    • 2005
  • The purpose of this study is to consider the problem on pursuit of logistics strategy by our international shipping company in international shipping business under the said circumstance due to the open international shipping market and to suggest the logistics strategy for the consideration of the logistics competition under new international shipping circumstances. The results of empirical analysis are mentioned as follows; First, it shall be considered to maintain the size of company bigger than a certain capability so that it may obtain the superior competition of logistics. Second, as there are the plus correlations between the competition of logistics and the logistic support, it is necessary to pursuit the upgrade service with using EDI system and making up the complex shipping and integrated logistics system in general. Third, with the rationalization of finance policy and the profitable management of shipping company the ratio of net worth can be raised and it can be achieved to make the sound financial structure as reducing the excessive debt ratio. Fourth, it can be effort continuously to perform the investment for the infrastructure of logistics support & the institutional supplement so that it may achieve to increase the efficiency of logistic support at pier and to reduce the cost of logistic support.

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- A Case Study on Construction of applicatory RFID(Radio Frequency Identification) Logistics Information System in the Make to Order - (실용적 주문형 RFID 물류 정보 시스템 구축에 관한 사례연구)

  • Oh Sung Hwan;Yang Kwang Mo;Park Jae Hyun
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.197-209
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    • 2004
  • A company wishes to obtain a competitive edge by adopting an efficient logistics information system to control the logistics management process. The elements of the competitive edges a company targets are to maintain good quality, reduce cost and on-time delivery and those competitive edges are closely related to the cycle time of a product. The logistics information system in a company is also closely tied with other business activities than the logistics itself. Therefore it is essential to choose a system that will help rationalize the logistics but also overall business operations along the supply chain from manufacturing to distribution of the products. This paper aims to research and analyze a problem with a logistics information system through case study and to suggest a logistics information system with RFID in place adopted to eliminate problems such as damages, loss and defect rates.

The development strategy of the global automotive logistics company in Korea - The case of Hyundai Glovis - (우리나라 글로벌 자동차 물류기업의 발전 전략 -현대글로비스 사례 중심-)

  • Lee, Choongbae;Kim, Jeonghwan
    • Journal of Korea Port Economic Association
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    • v.30 no.2
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    • pp.145-172
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    • 2014
  • Automobile industry has several characters such as high level of specialization, large volume of production, which plays a big barrier to entry of the industry. Therefore logistics outsourcing of automobile manufacturing company tends to make long-term contract with logistics service provider which also makes it difficult to outsource their logistics business to many different types of companies. Some vehicle manufacturing companies tend to outsource their several logistics to several companies while others outsource very limited number of logistics companies even only one company exclusively. This study aims to investigate various type of logistics outsourcing in terms of advantages and disadvantages and then carry out case study for Hyundai Glovis which is a global logistics company managing logistics service of Hyundai car maker in Korea. The focus is on how it can provide innovative and efficient logistics service with integration of global supply chain of Hyundai Automobile company.