• Title/Summary/Keyword: Manufacturing Countries

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Smart Factory Literature Review and Strategies for Korean Small Manufacturing Firms (스마트 공장 문헌연구 및 향후 추진전략)

  • Lee, Sunghee;Kim, Jae-Young;Lee, Wonhee
    • Journal of Information Technology Applications and Management
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    • v.24 no.4
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    • pp.133-152
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    • 2017
  • Smart factory has been regarded as a big opportunity for manufacturing industries. However, little literature has been studied for the current status of Korean smart factory. Our paper tries to find gaps between research and real world by summarizing the recent literature and cases in Korean context. As the present level of smart factory introductions in Korean small manufacturing firms is lower than what a variety of literature says, our study points out that more efforts, investments and government support are required to catch up with the knowhow and technologies of developed countries although real-time control, enhanced productivity have been obtained. In future research, we will continue the smart factory study with the accumulated real data.

- The Change of Product Cost to 5 working day's a week and Solutions of Productivity in a Type of Industries for Safety Management - (경영관리시스템의 안전적인 운영을 위한 준 5일 근무제에 따른 원가변화 분석과 업종별 생산성 향상 대책)

  • Kim Tae Ho;Kim Hyung Jun
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.311-326
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    • 2004
  • The 5 working day's a week increase to fixed cost. Specially, the small & medium size company more increase to manufacturing cost. The introduction of 5 working day's rule influence to labor cost in manufacturing cost. Also, it make disappearance to fixed cost of 0.5 working day. Almost manufacturing company expect to have difficulty in product cost. The case of japan, many manufacturing company move to Asian countries after introduction of 5 working day's a week rule. The purpose of this study are the analysis of change product cost and suggest to solutions of productivity for a type of industries..

The Change of Product Cost to 5 working day's a week and Solutions for a type of industries (주 5일 근무제에 따른 제품원가변화 분석과 업종별 대책)

  • 김태호
    • Proceedings of the Safety Management and Science Conference
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    • 2002.11a
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    • pp.179-193
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    • 2002
  • The 5 working day's a week increase to fixed cost. Specially, the small & medium size company more increase to manufacturing cost. The introduction of 5 working day's rule influence to labor cost in manufacturing cost. Also, it make disappear to fixed cost of 0.5 working day. Almost manufacturing company expect to have difficulty in product cost. The case of japan, many manufacturing company move to Asian countries after introduction of 5 working day's a week rule. The purpose of this study are the analysis of change product cost and suggest to solutions for a type of industries.

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Crisis of Manufacturing Industry and System Engineering (제조업의 위기와 시스템엔지니어링)

  • Choi, Sung Kyou
    • Journal of the Korean Society of Systems Engineering
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    • v.2 no.2
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    • pp.51-56
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    • 2006
  • Manufacturing having formed spinal structure of the nation's industry is on the verge of collapse due to various kinds of reasons. We should seek and realize another sustainable engines of growth but can hardly find them except manufacturing as for now. It can be said, accordingly, that we are well advised to find the path leading to our ultimate goal just in the systems engineering approach, which can differentiate us from the neighbouring hunted and hunting countries with their inherent competitiveness. In this paper, the desirable way needed is reviewed with the direction for us to take being suggested.

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Long-run Effects of the Korea-China Free-Trade Agreement

  • Kim, Sunghyun;Shikher, Serge
    • East Asian Economic Review
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    • v.19 no.2
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    • pp.117-142
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    • 2015
  • This paper uses a 53-country 15-industry computable general equilibrium model of trade to analyze the effects of the Korea-China free trade agreement on the Korean economy, the manufacturing sector in particular. The model is based on Yaylaci and Shikher (2014) which uses the Eaton-Kortum methodology to explain intra-industry trade. The model predicts that the Korea-China FTA will increase Korea-China manufacturing trade by 56%, manufacturing employment in Korea by 5.7% and China by 0.55%. The model also predicts significant reallocation of employment across industries with the Food industry in Korea losing jobs and other industries there gaining jobs, with the Medical equipment industry gaining the most. There will be some trade diversion from the ASEAN countries, as well as Japan and the United States.

The Study on Improvement of the Digital Transformation of Small and Medium-Sized Manufacturing Industries through Foreign Countries (주요국 정책을 통한 중소 제조기업의 디지털 전환 추진 방향 모색)

  • An, Jung-in
    • Journal of Venture Innovation
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    • v.5 no.4
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    • pp.109-115
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    • 2022
  • As the 4th industrial revolution progresses, foreign countries are promoting smart manufacturing innovation through digital transformation as a priority task early on to secure a competitive edge in the manufacturing industry. In response, the Korean government is also promoting a policy to enhance the competitiveness of small and medium-sized manufacturing companies by promoting digital transformation in the corporate sector to meet the global trend of the 4th industrial revolution era. Manufacturing powerhouses such as Germany and Japan see manufacturing as a key sector in digital transformation and are leading related policies, while emerging countries such as China are also promoting manufacturing innovation strategies such as building digital infrastructure and creating a digital innovation ecosystem. Korea is promoting the 'Korean-style smart factory dissemination and expansion strategy' by transforming Germany's manufacturing innovation strategy for smart factory supply to suit the domestic situation. However, the policy to supply smart factories so far has been conducted with support from individual companies under the leadership of the government, and most of the smart factories are at the basic level, and it is evaluated that there are limitations such as the lack of manpower to operate smart factories. In addition, while the current policy focuses on expanding the supply of smart factories in SMEs, it is necessary to establish a smart manufacturing system through linkages between large and small businesses in order to achieve the original goal of establishing a smart manufacturing system. Therefore, it can be said that from the standpoint of small and medium-sized enterprises (SMEs), who are consumers of smart factories, it can be said that the digital transformation policy can achieve the expected results only when appropriate incentives are provided for the introduction of smart factories in a situation where management resources such as funds, technology, and human resources are lacking. In addition, it is judged that the uncertainty of the performance of digital investment always exists, and as long as large and small companies are maintained as an ecosystem of delivery and subcontracting, there is very little incentive for small and medium-sized manufacturing companies to voluntarily invest in or advance digital transformation. Therefore, the digital transformation policy of small and medium-sized manufacturing companies in the future has practical significance in that it suggests that there is a need to seek ways to attract SMEs' digital-related voluntary investment.

Asbestos is Still with Us: Repeat Call for a Universal Ban

  • Ramazzini, Collegium
    • Journal of Environmental Health Sciences
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    • v.36 no.2
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    • pp.163-169
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    • 2010
  • All forms of asbestos are proven human carcinogens. All forms of asbestos cause malignant mesothelioma, lung, laryngeal, and ovarian cancers, and may cause gastrointestinal and other cancers. No exposure to asbestos is without risk, and there is no safe threshold of exposure to asbestos. Asbestos cancer victims die painful lingering deaths. These deaths are almost entirely preventable. When evidence of the carcinogenicity of asbestos became incontrovertible, concerned parties, including the Collegium Ramazzini, called for a universal ban on the mining, manufacture and use of asbestos in all countries around the world. Asbestos is now banned in 52 countries, and safer products have replaced many materials that once were made with asbestos. Nonetheless, a large number of countries still use, import, and export asbestos and asbestos-containing products. And still today in many countries that have banned other forms of asbestos, the so-called "controlled use" of chrysotile asbestos continues to be permitted, an exemption that has no basis in medical science but rather reflects the political and economic influence of the asbestos mining and manufacturing industry. To protect the health of all people in the world, industrial workers, construction workers, women and children, now and in future generations - the Collegium Ramazzini calls again today on all countries of the world, as we have repeatedly in the past, to join in the international endeavor to ban all forms of asbestos. An international ban on asbestos is urgently needed.

The Dynamic Relationship Between FDI, ICT, Trade Openness, and Economic Growth: Evidence from BRICS Countries

  • SOOMRO, Ahmed Nawaz;KUMAR, Jai;KUMARI, Joti
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.295-303
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    • 2022
  • Information and communication technology (ICT) is one of the primary zones that stimulates economic development in today's globalized world. It promotes technological developments in worldwide communication and manufacturing systems, as well as economic growth and development. Many economic activities, such as international trade and foreign direct investment, rely heavily on contemporary information and communications technologies (FDI). The goal of this study is to look at the dynamic relationship between FDI, ICT, trade openness, and economic growth in the context of BRICS countries from 2000 to 2018, with Gross Domestic Product as the dependent variable and Telephone subscriptions, Mobile subscriptions, Broadband subscriptions, Internet subscribers, Secure internet servers, Trade, and Foreign direct investment as the independent variables.Two variables are used as proxies to manage the macroeconomic environment, while five variables are used as proxies for ICT infrastructures. The outcomes of this study are analyzed using Generalized Methods of Movements (GMM). According to this study, ICT has a positive impact on the economic growth of a few countries. Trade openness and foreign direct investment, on the other hand, have a negative impact on economic growth. As growing countries, the BRICS must participate in economic reform and liberalization measures. This report suggests policy proposals for improving ICT standards, focusing especially on economic growth, trade openness, and increasing foreign investment in the BRICS countries.

Analysis of ICT Converged Smart Factory and its Driving Strategy (ICT 융합 스마트공장의 분석 및 추진전략)

  • Moon, Seung Hyeog
    • The Journal of the Convergence on Culture Technology
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    • v.4 no.3
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    • pp.235-240
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    • 2018
  • ICT converged smart factory started from German Industry 4.0 has been the driving force for the $4^{th}$ Industrial Revolution and the center of manufacturing innovation for major industrial countries. It will be developed according to industry characteristics of each country. Korea is relatively later than other competing countries in the smart factory area. So, the government is establishing related policy and tendering all sorts of supports for smart factory mainly to the small and medium-sized enterprises to spread over the manufacturing industry. It is necessary for government to categorize among similar manufacturing industry and make them share digitalized production information mutually. It will be more effective method for securing global competitiveness than the uniform support. Also, large companies need to establish cloud based production forecasting system over similar industry and share it with other companies rather than expansion of individual smart factory. Mutual development in the manufacturing industry will be realized when the small and medium-sized enterprises and large companies take part in the cooperating ground of smart factory.

The Exports and Economic Growth in the 8 Manufacturing Industries: Cointegration and Error Correction Models:1975-2010 (한국 8개 제조산업의 수출과 경제성장에 관한 실증분석:1975-2010)

  • Zhu, Yan Hua;Park, Sehoon;Kang, Joo Hoon
    • Journal of Korea Society of Industrial Information Systems
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    • v.18 no.4
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    • pp.61-72
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    • 2013
  • The relationship between export growth and economic growth in developing countries has been one of the main issues in the growth theory field. Many of empirical studies have been done during the last three decades in order to investigate the export-led growth hypothesis using either time-series or cross-sectional data mainly in developing countries. This paper applies cointegration and error correction models to test causal relationship between export growth and economic growth in the Korean 8 manufacturing industries using the industrial time-series quarterly data over 1975-2010. The export-output relationship is tested by including industrial capital stock and the industrial labor force as exogenous variables. The cointegration and error-correction modelling technique with industrial export and output data have showed the strong evidence that there is a bi-directional causality between industrial export and industrial output in 6 manufacturing industries except wood & pulp and nonmetallic industries.