• Title/Summary/Keyword: Market-Wholesale System

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Development strategies for production and distribution system of highland Chinese cabbage (고랭지배추 생산·유통체계의 발전전략)

  • Yang, J.H.;Kim, K.D.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.14 no.1
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    • pp.23-45
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    • 2012
  • The objective of this study is to provide development strategies in the production and distribution system of highland Chinese cabbage by evaluating and analyzing problems of the current system, focusing on several main stages between production and distribution system of highland Chinese cabbage. Through interview of groups such as farmers, distributers in the main producing areas, commission merchants of the wholesale market and large-scale distributors the relavant information was collected. Also, data such as production situations in main producing areas, distribution conditions in the wholesale market was analyzed. The functions of highland Chinese cabbage were classified and the current state of highland Chinese cabbage distribution system was investigated to provide an overall insight into the highland Chinese cabbage distribution system. Also the factors which will affect a price of wholesale market and consumer of highland Chinese cabbage were examined. Finally problems and improvements in the production and distribution system through analysis of the distribution system of highland Chinese cabbage were provided. the main contents of this study are as follows. The first is to keep stability of production in main producing areas by applying a differentiated production method, for example, rainshelter cultivation method. The second is to establish the distribution system which the relevant information is opened transparently. The third is that the consistent cold transportation system from main producing areas to consumers must be built.

System Frequency and Reserve Standards for Korean Wholesale Electricity Market (도매경쟁 전력시장에서의 주파수 및 예비력 신뢰도 기준(안))

  • Yoon, Jae-Young;Kim, Ho-Yong;Oh, Tae-Kyoo;Ok, Ki-Youl;Kim, Sung-Soo;Kim, Yong-Wan
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.182-184
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    • 2001
  • This paper presents the application draft of system frequency and reserve criteria for Korean Wholesale Electricity Market. This application draft of system frequency and reserve criteria is based on frequecy, voltage control rules and technical rules for ancillary services agreements prepared by KEMA and the present conditions of KEPCO system operations and future directions.

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Asymmetric Transmission between Producer and Wholesale Prices in Farmed Olive Flounder Market (양식넙치 산지-도매가격간 비대칭적 가격전이 분석)

  • Lee, Heon-Dong;Ma, Chang-Mo
    • The Journal of Fisheries Business Administration
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    • v.51 no.4
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    • pp.69-83
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    • 2020
  • The purpose of this paper is to empirically investigate whether asymmetric price transmission exists in the distribution stage of farmed olive flounder market. For the analysis, time series data were used for the producer prices of Jeju and Wando, and the wholesale prices of Incheon, Hanam and Busan. Through the Granger causality test, the causal relationship from the producer price to the wholesale price was derived and the asymmetric price transmission was analyzed using the autoregressive distributed lag model (ARDL). As a result of the analysis, it was found that there is a phenomenon of 'positive asymmetric price transmission' from the producer price to the wholesale price. This result can be one evidence that excess profits are received in the intermediate distribution stage, and can be said to be a result showing the incompleteness and inefficiency of the distribution structure of the farmed olive flounder. In the future, it is required to establish an information-sharing system in all stages of production, distribution, and consumption that can create a competitive environment for distribution participants and resolve information asymmetry. Also, it is necessary to review the distribution center specializing in live fish from the viewpoint of the establishment of new distribution channels and sales diversification strategy under the rapidly changing fisheries environment.

Channel Innovation through Online Transaction processing System in Floral Wholesale Distribution: FLOMARKET Case (화훼도매 온라인 거래처리 시스템을 통한 유통경로 개선방안 연구: (주)플로마켓 사례)

  • Lee, Seungchang;Ahn, Sunghyuck
    • Journal of Distribution Science
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    • v.8 no.1
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    • pp.21-33
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    • 2010
  • The ICT(information & communication technology) led to a dramatic change of floral distribution service, a phase of competition between wholesales and retail stores, and distribution channels in floral industry. It was expected that a role of the intermediaries in this industry would have reduced due to the improvement of transaction process by ICT. However, the ICT made to overcome a regional limit of the floral retail distribution service leading to an increase in sales and enlargement of the stores. And even it made possible to bring out another type of intermediaries such as private associations. This case study focuses on what kinds of efforts the floral wholesale distributors have made to enable a distribution process more smoothly between the wholesale distributors and retail stores through the information system, and what the failure factors in adopting the information system have been. This paper is also to examine how the wholesale distributors have changed themselves to gain dominant positions in distribution channels. As a result of the study, it was found that the intermediaries mostly failed in successfully achieving the distribution channel innovation through the information system because of several main reasons. FLOMARKET Inc. tried to innovate a distribution channel to obtain high quality goods through consolidating a wholesale distribution market in that segregated both floral joint market from free markets. after implementing the information system with consideration of the failure factors, FLOMARKET Inc. was able to minimize goods in stock and make a major purchase of various goods. In addition, it made a possible pre-ordering process and an exact calculation of purchasing goods so they could provide their products with market price in real time, which helped for the company to gain credits from their customers. Also, FLOMARKET Inc. established the information system which well suited to its business stage in order to deal with a rapidly changing distribution environment. It's so obvious that the transaction processing system of FLOMARKET Inc. definitely helped to share information among traders more seamlessly and smoothly in realtime, standardize goods, and make a transaction process clearer. Besides, the transaction information helped the wholesale distributors and retail stores to make more strategic decisions in their business because through the system they enabled to gather the marketing intelligence information more easily and convenient. If we understand that the floral distribution market is characterized by the low IT- based industry, it's worth to examine a case study proving that the information system actually increases the productivity of the transaction process in the floral industry.

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A Study on the Effects of Functional Reusable Packing Containers for Marine Products on Logistics Rationalization (수산물의 기능성 재사용 포장용기 사용을 통한 물류합리화에 관한 연구)

  • Kim, Byeongchan;Yang, Daeyong
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.11 no.3
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    • pp.145-158
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    • 2015
  • Disposable marine product packaging materials such as wooden, Styrofoam, and corrugated cardboard boxes have a very low reuse rate, thus causing the logistics costs to rise and making it difficult to establish a unit load system for marine products. Disposable packing containers to be discarded are accompanied by resource and environmental issues home and abroad. Transportation vehicles for marine products have to return empty without loading different kinds of products after delivery due to the smell and properties of marine products, thus posing as an obstacle to logistics rationalization. In an effort to overcome those limitations, this study examined the stages of transportation including "producer-wholesale market in the producing area-commission merchant-wholesale market in the consumption area-commission merchant-quasi-wholesale market-consumer" and also analyzed the utilization and distribution of disposable packaging materials currently used in the circulation of marine products including wooden, Styrofoam, and corrugated cardboard boxes. Based on the analysis results, the investigator developed a logistics rationalization model capable of promoting semi-permanent reuse and lowering empty vehicle rate on return routes as an alternative to address environmental issues caused by disposable packaging materials, which have been an obstacle to the logistics rationalization of marine products, packaging costs in the process of repeating packing and unpacking at each stage of marine products circulation, and empty vehicle rates on return routes after marine products delivery.

Approach for Evaluating the Nash Equilibrium of Cournot Game Model for N-Gencos by Using Payoff Matrix in Wholesale Electricity Market (도매전력시장에서 N-발전사업자의 보수행렬을 이용한 꾸르노 모델의 내쉬균형점 도출을 위한 방법론)

  • Park Jong-Bae;Lim Jung-Youl;Lee Ki-Song;Shin Joong-Rin
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.2
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    • pp.97-106
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    • 2005
  • This paper presents a method for evaluating the nash equilibrium of the Cournot model for N-Gencos in wholesale electricity market. In wholesale electricity market, the strategies of N-Gencos can be applied to the game model under the conditions, which the Gencos determine their strategies to maximize their benefit. Generally, the Lemke algorithm has known as the approach to evaluate the mixed nash equilibrium in the only two-player game model. In this paper, we have developed the necessary condition for obtaining the mixed nash equilibrium of N-player by using the Lemke algorithms. However, it is difficult to find the mixed nash equilibrium of two more players by using the analytic method since those have the nonlinear characteristics. To overcome the above problem, we have formulated the object function satisfied with the proposed necessary conditions for N-player nash equilibrium and applied the modified particle swarm optimization (PSO) method to obtain the equilibrium for N-player. To present the effectiveness the proposed necessary condition and the evaluation approach, this paper has shown the results of equilibrium of sample system and the cournot game model for 3-players.

Problems and complementary Measures from the Overall Enforcement of Free Market System;- Fish Markets in the Production - (자유판매제 전면 실시에 따른 문제점과 보완대책;-산지 어시장제도를 중심으로 -)

  • Kim, Seung
    • The Journal of Fisheries Business Administration
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    • v.26 no.1
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    • pp.9-27
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    • 1995
  • From now on, the direction of fishery products circulation measure should be improved the system to give just the right of free choice of sale route like retail, direct sale, direct dealings and direct shipping only for fishermen to produce them diversifing the function and the role of current fish market in the production to prepare the fishery internationalization, to improve the competitiveness of coastal and off-shore fishery. Practically wholesale market in land and fish market in the production have the different function and role, the organization of wholesale market in land can't substitute the essential function and role which fish market in the production should perform. So far, fisheries cooperatives as a managing subject of fish market in the production have depended on the consignment sales and purchases of fishery products but, from now on, it should be explore the widespread supply way of fishery products by producing value - added fishery products that should bring higher demand from the consumers, producer - consumer direct marketing system through not only consignment sales but also direct sales that common processing and manufacturing system of fishery products under the management of FC has been established. The direction of the idealest structural improvement of fishery production circulation organization is to establish the the position of the fishery retail price leader based on the standard of market in the fisheries production due to existing characteristics of fisheries, accordingly, to harmony the market organization of direct transportation, direct sales and direct dealings form by producer and group of producers with market organization in the fisheries production, and to make the condition to do the appropriate distributive function.

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The Development of Electronic Auction System(EAS) for Wholesale Market using Microprocessor (마이크로프로세서를 이용한 도매시장의 전자경매시스템 개발)

  • Choi, Han-Soo;Jung, Heon
    • Journal of Institute of Control, Robotics and Systems
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    • v.5 no.7
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    • pp.855-861
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    • 1999
  • In this paper, we present new application for the auction method which has been based on one-chip microprocessors. We develop the portable wired terminal for market blocker. And, using that, the recommended price of products is able to push into and show the information of action status. Through our research, using EAS(Electronic Auction System), we can prevent supplier from blocker's rigging the market, because anyone who have a qualification for the action blocker is able to participate in action.

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Evaluation of Egg Quality Traits in the Wholesale Market in Sri Lanka during the Storage Period

  • Jayasena, Dinesh D.;Cyril, Hewa W.;Jo, Cheorun
    • Journal of Animal Science and Technology
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    • v.54 no.3
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    • pp.209-217
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    • 2012
  • The objective of this study was to assess the external and internal quality traits of eggs in wholesale egg market in Colombo, Sri Lanka and the effect of storage period in egg quality traits in the same market after receiving the eggs. First, a total of 482 fresh eggs were randomly collected from the above market and external egg quality traits were determined and recorded according to the definitions given in the Specification for Chicken Egg SLS 959:1992. After that, a total of 288 fresh eggs were randomly collected and various external and internal egg quality traits were measured and recorded according to the standard procedures over a storage period of 1, 3 and 5 d after receiving the fresh eggs to the wholesale market. Information about the shops was also collected using a pretested questionnaire. Using the recorded data, shape index, Haugh unit, albumen index and yolk index were calculated for each egg. Average weight, width, length and shape index of the eggs in the sample was 59.96 g, 4.33 cm, 5.78 cm and 75.03, respectively. Average shape index value was much closer to the standard value of 74. From the total sample 80.5% eggs had a normal and sound shape. However only 60.37% of the eggs are in the desirable quality range specified in SLS 959:1992, when the overall shell quality of the sample is considered based on shell cleanliness, defects and shape. The results of the current study indicated that eggs had significant (p<0.05) deterioration of all internal quality parameters tested with increasing storage time. However the effect was not significant (p>0.05) between the storage periods of 3 and 5 d after receiving eggs except for yolk color and yolk height. Desirable category of eggs had reduced and rejections had increased with the storage period. Main problems associated with the particular market were less space availability, higher percentages of dirty eggs, unavailability of proper packaging materials, no standard packaging system for eggs, and not implementing a standard grading system for eggs. Therefore the results of this study suggest that proper egg handling and storage conditions such as low temperature storage may be implemented to increase the proportion of desirable quality eggs in the above market.

An Empirical Study on Effect of Time-Varying Quality Chang on Apple Shipment Volume for Shipment Decision Making System (출하의사결정시스템에 있어 품질변화효과가 출하량에 미치는 영향에 대한 실증연구)

  • Xue Wang;Youngsik Kwak;Jaewon Hong
    • Journal of Platform Technology
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    • v.11 no.4
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    • pp.62-70
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    • 2023
  • This research is one of a series of studies to develop a system to help agricultural producers and sellers determine when and how much to ship products to the wholesale market to maximize their profit. The purpose of this research is to incorporate the time-varying quality change effect, which was not used in the previous agricultural and marine product shipping model. The researchers developed four models to measure the quality change effect: quality declining steadily over time, quality declining rapidly at first and then slowly, quality declining first slowly and then rapidly, and quality rising over time and then decreasing again. According to the results of an empirical analysis of the effect of each model's quality change effect on shipments for apples traded in the Garak Wholesale Market from 2014 to 2021, statistical significance was found in the quality change effect of all four models. And there was no significant difference in explanatory power between the four models. Therefore, any of the four models should be introduced into the decision-making system for shipping time for apples.

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