• Title/Summary/Keyword: Logistics business model

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Effects of Environmental Conscious Logistics System for Economy Base construction Under Resources Circulation and Logistics operation Practices on Firm Performance (물류분야에서의 순환형 시스템 구축요인과 물류운영전략이 기업 물류성과에 미치는 효과)

  • Park, Seog-Ha
    • 한국산학경영학회:학술대회논문집
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    • 2006.06a
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    • pp.103-123
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    • 2006
  • Resources circulation logistics factor has come to be one of the most important concerns in today's business due to the need for conscious use of limited resources and the greenhouse effects. The purpose of this study was to propose strategic approaches to improve firm's competitive advantages by exploring the logistics practices that increase firm's logistics performance and reduce environmental problems at the same time. In doing so, we reviewed past literature on Resources circulation logistics factor, logistics operation level, and firm's logistics Performance, and then developed a conceptual model and researchable hypotheses, Survey data were collected from manufacturing companies to test the hypotheses. Survey data included the variables of Resources circulation logistics factor, logistics operation practices, and firm's performance. Firm's performance was measured by customer service and logistics costs.

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Research on Construction of the Logistics Legal System in CJK FTA

  • Yi, Shan;Su, Shuai
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.4
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    • pp.21-28
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    • 2015
  • With CJK FTA as a starting point, this paper mainly studied the role of the logistics legal system in promoting marine industrial cooperation, facilitating investment trade, establishing international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation between China, Japan and Korea, and explored the way to establish an integrated logistics system between China, Japan and Korea to match the e-commerce certification system, online payment system and logistics distribution, thereby gradually promoting economic development and logistics integration in Northeast Asia, improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance. In short, the improvement for the logistics legal system in CJK FTA is not the responsibility of a country or several countries. It concerns the development and prosperity for the logistics industry in the three countries and is an inevitable choice to promote the vigorous development of CJK FTA and economic take-off of each country.

Effects of Macroeconomic Conditions and External Shocks for Port Business: Forecasting Cargo Throughput of Busan Port Using ARIMA and VEC Models

  • Nam, Hyung-Sik;D'agostini, Enrico;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.46 no.5
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    • pp.449-457
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    • 2022
  • The Port of Busan is currently ranked as the seventh largest container port worldwide in terms of cargo throughput. However, port competition in the Far-East region is fierce. The growth rate of container throughput handled by the port of Busan has recently slowed down. In this study, we analyzed how economic conditions and multiple external shocks could influence cargo throughput and identified potential implications for port business. The aim of this study was to build a model to accurately forecast port throughput using the ARIMA model, which could incorporate external socio-economic shocks, and the VEC model considering causal variables having long-term effects on transshipment cargo. Findings of this study suggest that there are three main areas affecting container throughput in the port of Busan, namely the Russia-Ukraine war, the increased competition for transshipment cargo of Chinese ports, and the weaker growth rate of the Korean economy. Based on the forecast, in order for the Port of the Port of Busan to continue to grow as a logistics hub in Northeast-Asia, policy intervention is necessary to diversify the demand for transshipment cargo and maximize benefits of planned infrastructural investments.

Impact of Service Recovery, Customer Satisfaction, and Corporate Image on Customer Loyalty

  • ZAID, Sudirman;PALILATI, Alida;MADJID, Rahmat;BUA, Hasanuddin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.961-970
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    • 2021
  • This study aims to examine the impact of service recovery in building customer loyalty through the mediating role of customer satisfaction and corporate image. This study also aims to examine the reciprocal relationship between customer satisfaction and corporate image in building customer loyalty. This study uses data from 126 consumers who have received recovery for a service failure in five logistics companies which operates in Southeast Sulawesi in Indonesia, namely; JNEs; J&T Express; Pandu Logistics; MEC; and TiKi. Data was collected using a questionnaire which was then distributed to all respondents via google form. The distribution of respondents at each logistics company provider was as follows: 19 respondents were customers of JNEs; 17 respondents were customers of J&T Express; 32 respondents were customers of Pandu Logistics; 21 respondents were customers of MEC; and 37 respondents were customers of TiKi's. The structural model developed in this study was tested using Partial Least Squared (PLS) method. The research found that service recovery has a direct effect on customer satisfaction and corporate image as positive and significant. Customer satisfaction and corporate image have a reciprocal relationship which then roles in building customer loyalty. Service recovery has an indirect effect on customer loyalty through the mediating role of customer satisfaction and corporate image.

Factors Influencing Digital Transformation of Logistics Service Providers: A Case Study in Thailand

  • SINGHDONG, Putthiwat;SUTHIWARTNARUEPUT, Kamonchanok;PORNCHAIWISESKUL, Pongsa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.241-251
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    • 2021
  • This research explores and develops digital transformation factors influencing the logistics service-provider sector in Thailand while also examining the impact sustainability factors associated with digital transformation. Divided into two parts, Part one of the theoretical study framework covers 21 factors relating to logistics, including drivers, objectives, implications, and success factors. The second part concerns 23 factors associated with logistics sustainability, including economic, environmental, and social aspects. This quantitative empirical research was conducted using an online questionnaire instrument, and a structural equation modeling (SEM) technique was used to test the proposed model. The findings from 545 samples collected between August and November 2020 from respondents working in logistics service-provider companies in Thailand show that digital transformation drivers and objectives seem likely to impact success factors and implications in digital transformation positively. Digital transformation success factors also positively impact logistics sustainability. In comparison, logistics sustainability has a significant impact on Thailand's logistics service-provider sector's economic, environmental, and social aspects. Lastly, this research highlights the significance of digital transformation success factors and extends the current knowledge about digital transformation factors and their potential impact on logistics sustainability.

Development of the Logistics Process Reference Model for the Domestic Application of RosettaNet Standard (로제타넷 표준의 국내 적용을 위한 물류 프로세스 참조 모델 개발)

  • Kim, Sun-Ho;Choi, Hyuk-Seung
    • IE interfaces
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    • v.17 no.2
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    • pp.180-189
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    • 2004
  • In this paper, we propose a reference model for logistics processes to improve the effect of RosettaNet standards application to domestic industry. First of all, implementation cases applied to logistics processes in the world are investigated. Second, logistics processes of domestic manufacturers are analyzed for the application of RosettaNet standards, and the processes are compared with PIP. Finally, a new logistics processes model and corresponding PIP documents which reflect domestic situations are proposed.

Inventory Management Practices Approach to Reverse Logistics

  • Wang, Dja-Shin;Koo, Tong-Yuan
    • Industrial Engineering and Management Systems
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    • v.9 no.4
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    • pp.303-311
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    • 2010
  • In the last few years growing interest has been dedicated to supply chain management. Modeling complexity is added to supply chain coordination problem by accounting for reverse logistics activities. The objective of this paper is to extend inventory model of manufacturing factory with respect to the production of raw material of forward logistics and recycling material of reverse logistics. The proposed model is applied to a plastic recycling process plant located in Taiwan. The case study improvement scheme shows when the recycling rate of recycling material increases from 15% to 50%, the total inventory cost of manufacturing factory decreases by 12.82%, safety stock volume decreases by 41.19% and the reorder quantity is down by 50.96%. This paper finds whether the results of the model can reach the economic profit through quantitative analysis and encourages companies integrate reverse logistics into the supply chain system.

Study on Logistics Cost Accounting in University Libraries (대학도서관의 물류비 산정에 관한 연구)

  • Ham Sung-Hun
    • Journal of Korean Library and Information Science Society
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    • v.30 no.2
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    • pp.77-92
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    • 1999
  • This study introduces a new method for Logistics Cost Accounting in University Libraries. Logistics Cost is the cost that arises in the course of physical distribution and causes a serious in crease in the unit cost of a product. Therefore, Logistics Cost Accounting has been used in manufacturing industries to reduce the unit costs of products. There is a definite similarity between the operations of a business and a library. The operations of a business consist of purchasing, production, selling, which is similar to that of a library, where they are called acquisitions, cataloging, physical preparations and circulation. So Logistics Cost Accounting may be applied to a library. With this in mind, we made a model for Logistics Cost Accounting' in University Libraries. Therefore, it can be applied to many university libraries because it is a general model.

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An Empirical Study on the Competition Factor Electronic Logistics Information and International Logistics Management (국제물류관리와 전자적물류정보의 경쟁요인에 관한 실증연구)

  • Kwak, Hyun
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.257-283
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    • 2007
  • As Global industrial structure is diversified, multinational corporations accomplished fast internationalization to introduction of new management policy by development of an IT technology. Enterprise' business environment is changing transcending border. To overcome raging waves of change accident and to be secured enterprise's future, the logistics is recognized the third profit source joining in curtailment of sale enlargement, production cost. To seek cost saving or reform in logistics class that is last area of pursuit of profits within ancient city life in the fast lane from these viewpoint, importance of study that integrates and manages international logistics bases supply neck walk is emphasized. Specially, to meet on in terms of competitive power security regarding curtailment of logistics cost is available through link between logistics bases, various consumer's request, merchandise and service logistics management that supply fixed quantity as is reliable in right place at good season was embossed by point game plan of business management, and SCM efficiency anger of mortification international logistics activity importance of study that see at that dominate competitive advantage point bring. This study analyzes interrelation and presents model for integration of international logistics bases supply network with supply network habit at factor and supply chain, and supply network activity in integration of supply chain process and production. Also, it establishes following method of study to achieve study purpose for actual proof analysis for integration sequence of international logistics bases supply network. Specially, immersion of network and supply network, very high interrelation appeared by thing which is with international logistics base supply network integration. The integration of international logistics base supply network means that the enterprises which give trust and sincerity deal with market environment change positively and can decide proceeding of various cooperative work. Also, it means the possibility by necessity of cooperative relation and interdependence to continuous immersion and normative immersion, for the maintain of long business relations.

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The Effects of Logistics Service Quality and Relationship Orientation on Supply Chain Performance - Focusing on Delivery Quality of 3PL Firms - (물류서비스품질과 관계지향성이 공급사슬성과에 미치는 영향 - 3PL 기업의 물류배송품질을 중심으로 -)

  • Park, Yi-Suk;Cho, Geon;Ryu, Il
    • Journal of Korean Society for Quality Management
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    • v.37 no.3
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    • pp.102-122
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    • 2009
  • In this study, we will conduct an empirical study to see how the 3PL firm's logistics service quality and relationship orientation affects the supply chain performance. To examine the research model and hypotheses, we have used an empirical method based on the field survey in which most of measurements used and verified in previous studies are selected as measurements. The results of our empirical study can be summarized as follows: First, it can be shown that higher level of logistics service quality not only affects satisfaction and relationship orientation positively, but also improves supply chain performance. Second, it can be also shown that satisfaction for logistics service quality affects relationship orientation between shipper and 3PL firm positively. Finally, it can be shown that relationship orientation affects supply chain performance positively. This paper presents much implications both theoretical and practical side.