• Title/Summary/Keyword: Logistics Firm

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Activation Strategy for the Ship Supply Industry at the Port of Busan

  • Gu, Min-Jin;Ahn, Jin-Woo;Moon, Sang-Young
    • Journal of Navigation and Port Research
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    • v.36 no.2
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    • pp.141-148
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    • 2012
  • This study evaluates how activation plans presented by previous research are perceived by employees in the ship supply industry by sample surveys. Another objective of this study is to also assist in the selection of effective activation plans. It is becoming more and more difficult for the Port of Busan to strengthen its competitiveness in the ship supply industry by maintaining the status quo. Much research extending the scope of research subjects in the port logistics industry indicates that the development of the port logistics industry is very important for creating new value for the Port of Busan. The results shows that improvement in the retail structure and government support had a significantly positive correlation between the importance and necessity of the ship supply industry activation.

The Strategic Performance Measurement of Sea Port: Supply Chain Management Perspectives (공급사슬관리 관점에서의 전략적 항만성과측정)

  • Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.38
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    • pp.229-262
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    • 2008
  • With the introduction of supply chain management concept, the nature of a firm is fundamentally changed. Control is no longer based on direct control of the business processes, but rather based on integration across member organizations in the supply chain. Firms are trying to achieve a competitive edge by managing their supply chain performance to gain advantages in cost and service differentiation. The supply chain elements of a sea port involves ILSP (Inbound Logistics Service Provider) at the input side and OLSP (Outbound Logistics Service Provider) at the output side. The goal of sea port is to satisfy the needs of different parties, both upstream and downstream, in the chain with greater effectiveness and efficiency than it's competitors. In this context, the purpose of this paper is to derive conceptualization of the SCP (Supply Chain Performance) in the sea port from literature review on the previous researches and to tackle their theoretical and practical implications. The paper deals with conceptualizing SCP in sea port using the SCOR (Supply Chain Operation Reference) model. It incorporates both the effectiveness and efficiency aspects of performance measurement. And it also recognizes customer related reasons for measuring performance.

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Investigating the Determinants of Major IT Incident Tickets: A Case Study of an IT Service Provider Firm for Logistics and Distribution Industry

  • Ro, Mohamad Izham Che;Lau, Wee-Yeap
    • Journal of Distribution Science
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    • v.14 no.12
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    • pp.61-69
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    • 2016
  • Purpose - This study investigates the determinants that affect the number of IT Incident tickets of an IT Service Provider ("ITSP") to logistics industry in order to improve its management process by reducing the incident tickets. Research design, data, and Methodology - This study uses weekly data of IT incident tickets from September 2012 to June 2015. Correlation and regression analyses are conducted. Six identified determinants i.e., IT Change, User Errors, Shipment Volume, Network, Hardware and Software Issues are used as the explanatory variables. Results - Our findings show as following. First, our analysis indicates that IT Change is not a significant determinant as opposed to what commonly believed by many as the most important factor. Second, Software issue is the highest contributor to the Major IT incident tickets, followed by User Error, Network and Hardware issues. Third, it seems there is lead-lag relationship between IT Change and Major IT Incidents tickets as indicated by earlier studies. Fourth, the relationship between IT Change and Major IT tickets is also affected by shipment volume. Conclusions - As policy recommendation, all identified determinants should be treated according to priority. In addition, improving the way IT Changes are implemented will definitely reduce the IT incident tickets.

Designing Racks for Transporting Flat Glass Products in a Construction Industry (건설 산업용 판유리 운반을 위한 랙 설계)

  • Kwon, Kyung Jin;Hong, Soondo;Kim, Kap Hwan
    • Journal of Korean Institute of Industrial Engineers
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    • v.42 no.4
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    • pp.270-279
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    • 2016
  • A glass product manufacturing company transports a large number of flat glass products from a manufacturing firm to a building construction site. The products are transported using specially designed racks, which assure fewer glass breakages during the deliveries. This study determines the sizes of the racks which minimize the total logistics cost including costs for rack purchasing, handling, transportation, and inventory costs. The determination of the rack size should consider tradeoff relationships between the amount of glasses piled in a rack and the number of racks loaded on a truck, and affects the required number of racks and the truck operational cost. A truck loading algorithm is proposed to maximize a high truck utilization, and an enumeration method is proposed to determine the optimal combination of rack sizes considering the total logistics cost. The numerical example is solved by using a real data.

An Empirical Study on the Logistics Service Performance by Innovation Patterns (경영혁신 패턴 분석을 활용한 물류서비스성과에 관한 실증연구)

  • Lee, Sang-Hoon;Jeon, Jae-Woan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.2
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    • pp.402-415
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    • 2016
  • Most firms have great interest in their innovations, but they have no interest in the patterns of innovation. In particular, firms using the benchmarking method have a tendency to use the same method, which is very dangerous for management. Analyzing the innovation pattern is more important than to benchmark the leading company, because of the differences in the situation of all companies, such as an environment, competition, market, etc. This paper used the Grew & Scott's model, in which each firm has a different innovation pattern for valuable management performance. This study focused on service companies in logistics and aimed to contribute to the logistics industry

A Study on Blockchain Technology Adoption and Intention of Logistics Firms in Korea

  • Kim, Seong Ho
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.2
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    • pp.231-239
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    • 2020
  • Cryptocurrency, represented by Bitcoin, initially received little public attention, but recently raised global cryptocurrency investments with recognition of future value. The academic interest in cryptocurrency lies elsewhere. This is because the future value of cryptocurrency is likely to be highly applicable to the technology underlying cryptocurrency. The technology is the blockchain. The purpose of this study is to find out what factors influence logistics companies to adopt blockchain technology. Based on the TOE frame, this study presented expected profit, organizational readiness, technology compatibility, and competitive pressure as factors of adoption of blockchain technology. And the effects of these factors on the adoption intention of logistics companies were analyzed empirically. A survey was conducted on Korean logistics companies. Analysis of the collected data showed that expected profit, organizational readiness, technology compatibility, and competitive pressures influence the intention to adopt blockchain technology. Among them, however, expected profit and organizational readiness were found to have the greatest influence on adoption intention.

The Relationship between Working Capital Management and Profitability : evidence from Korean Shipping Industry (우리나라 해운기업의 운전자본관리와 수익성과의 관계에 관한 실증연구)

  • Lee, Sung-Yhun
    • Journal of Navigation and Port Research
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    • v.39 no.3
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    • pp.261-266
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    • 2015
  • Many of previous studies suggested that working capital management is an important component of firm's financial decision and efficient working capital management affects firms' profitability and it's value. Recently, Korean shipping firms have been suffering from financial distress by recession of shipping economy. In this point of view, this study tries to investigate the relationship between working capital management and shipping firm's profitability, using panel data on 46 Korean shipping firms for the period of 2004-2013. As result of panel regression, it proved that average payment period, inventory turnover, cash conversion cycle and operating cycle are significantly associated with firms profitabilities such as profit margin ratio and operating profit ratio, and the manager of shipping firm can increase firms profitability by more efficient working capital management. There are strong positive relationships between average payment period and operating cycle and firm's profitability. These results suggest that managers can create firm's value by increasing average payment period and operating cycle. Otherwise inventory turnover and cash conversion cycle have negative relationships with firm's profitability. It means that managers can increase firm's profitability by reducing these variables.

Information and Communication Technology and the Organization of Corporate Space (정보통신기술과 기업공간의 재조직)

  • 황주성
    • Journal of the Korean Regional Science Association
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    • v.12 no.2
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    • pp.99-116
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    • 1996
  • This study investigates the nature and patterns of interrelation between the emerging information and communication technology(ICT) and the organization of corporate space, both theoretically and empirically. In this work, ICT is conceptualized not so much a space-adjusting technology as an organizational technology. ICT is considered as a governance technology which is related to coordination function within a firm. Therefore, it is supposed to have a great relevance to the spatial reorganization of functions within a firm. Both questionnaire and case study method are used to gather necessary data from Korean electronics manufactures. The results of this study can be summarized as follow. First, the spatial structure of a firm, which is operationalised as the number and type of spatially separated establishments, is turned out to have a great explanatory power to its adoption of computer networks. Computer networks in muli-locational companies are introduced to overcome the limits of its spatial structure, such as duplication of functions, such as duplication of functions, loss of time spent in proceeding a job between different functional units, and unresponsiveness to the change of market demand. Second, new spatial division of labor and function could be possible through a series of business process reengineering, not through the mere adoption of ICT. Case studies reveal that computer network could help a firm to realize new forms of spatial division of labor, especially in those functions which is mainly based on the flow of information. Such function as ICT management, sales logistics and after-sales service are major parts where a new operational unit has appeared with the help of ICT. From above results, it can be concluded that the interrelations between ICT and organizational space should be approached intimately integrated with the change of industrial structure and it's organizational implications.

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Analysis on Factors Determining Reliability of FTA Origin Certificate : Focusing on Characteristics of Firm, Product and Country (FTA 원산지 증명 신뢰성 결정 요인 분석 : 수출기업, 물품, 수출국가 특성을 중심으로)

  • AN, Yong-soon;CHO, Hyuk-soo
    • The Journal of shipping and logistics
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    • v.35 no.2
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    • pp.245-264
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    • 2019
  • With the first agrement in 2004, Korea(ROK) has been one of the most active countries participating in FTA. Companies should meet some requirements to use preferential tariff benefits of FTA. For example, it is required for firms to fulfil the origin criteria and direct transportation principles. This study is designed to provide important factors determining reliability of FTA Origin Certificate. In specific, characteries of firm(trade experience, professional expertise), country (FTA participation, economic development) and product(processing level, value pricing) are investigated as determinants of how trust FTA origin certificate. According to the theoretical foundation and previous studies, this study made 6 hypotheses. SEM(Structural Equation Modeling) was used to test empirically the hypothesized relationships among variables. The empirical findings show that trade experience, professional expertise and FTA participation are important determinants. In other words, firms can trust more FTA Origin Certificate by trading partners with more trading experiences and professional expertises located in countries where participate actively in FTA.

A Study on Selection of and Priority on Assessment Indicators in Green Logistics : Focused on Ports and Inland Hub Terminals (녹색물류를 위한 탄소저감정책 평가항목 우선순위에 관한 연구 - 항만 및 물류거점을 중심으로 -)

  • Lin, Mei-Shun;Park, Jong-Hum;Ahn, Seung-Bum
    • Journal of Korea Port Economic Association
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    • v.25 no.4
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    • pp.1-20
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    • 2009
  • Green logistics is regarded as an inevitable global trend in the 21st century. It can be accomplished through more broad and active reverse logistics globally, resulting in use of less fossil fuels, finally reducing carbon dioxide and other pollutants. Many countries such as U.S., Japan, EU nations have already set up policies related to carbon reduction, so-called 'green policies.' This paper aims to identify evaluation criteria for logistics policies and relative importance among those criteria, especially in the field of ports and in-land hub terminals. We examined projects related to carbon reduction from domestic and foreign ports and logistics centers and found evaluation factors and assessment indicators. With pre-evaluative items and pre-assessment indicators, we have done a survey and selected evaluation factors and assessment indicators for ports and inland hub terminals in Korea. By analyzing the mutual importance of each pre-evaluative items and pre-assessment indicators related to carbon reduction policies, this research provides guidelines on selecting the key items for the propulsion of carbon reduction projects. This study shows the importance of preliminary evaluation items and indexes with AHP in evaluating carbon reduction policies and the result shows the restrictions and change in transportation and use of alternative fuels. Lastly, it provides a guideline to policy-makers and firm managers in the field of green logistics.

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