• Title/Summary/Keyword: Procurement Market

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Incentives of Partnering Approach in the Construction Industry: Perceptions of Local and Foreign Sectors in the Vietnamese Market

  • Le-Hoai, Long;Lee, Young-Dai;Son, Jeong-Jul
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.2
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    • pp.147-155
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    • 2010
  • Traditional procurement methods have revealed many disadvantages especially the adversarial relationship between parties. After several decades of application, partnering has shown that it is an innovative arrangement that help to reduce many problems having existed in traditional arrangement. It can provide a win-win working attitude in a construction project. Partnering in construction has been applied in several ways in recent years in Vietnam. This mechanism can help both local and foreign construction participants to mutually offset their differences when implementing projects. This paper has investigated and introduced the incentives of partnering from Vietnam perspective in terms of foreign and local participants perceptions. It has been shown that 'to learn mutually among participants' and 'to increase bidding advantages' are the most important incentives according to foreign and local practitioners respectively.

An Experimental Suggestion on the Transformation of Korean Energy Policies (한국 에너지 정책체계의 전환방안 연구)

  • Park, Jung-Gu
    • Journal of Energy Engineering
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    • v.19 no.1
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    • pp.1-7
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    • 2010
  • This experimental study suggests some alternatives for stable growth and environmental conservation, responding to the unstability of global energy market and the regulations to greenhouse gas reduction. It introduces the energy-chain approach optimizing the whole processes extending energy production, transfer, and exploitation. And the alternatives are covered from low-carbon & environment-friendly energy-specific innovation system, transformation of major industries to low-carbon & environment-friendly industries, upgrading of energy efficiency, procurement of energy sources to policy cluster.

Challenges and Effective Management of Supply Chain in Wine Industry and Agribusiness

  • Ngoe, Tata Joseph
    • Agribusiness and Information Management
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    • v.4 no.2
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    • pp.32-41
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    • 2012
  • Studies have shown that the future of the wine market rests on the effective and efficient changes in technology to the supply chain used by most of the major global players. In today's wine industry, companies are faced with the ever-shifting demand for their products, strict regulation and increasing price competition. Even at that, mature companies in the wine industry are succeeding by scaling up production, streamlining their supply chains, expanding into new geographic areas, implementing more efficient processes, cleverly marketing products, and focusing on ever closer relationships with suppliers, partners and customers. However, this paper looks at supply chain challenges in the wine industry from a global perspective presented in the inbound, manufacturing and outbound processes as well as offer effective solutions in order for companies to gain a competitive advantage and succeed on a global level.

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The FIDIC and domestic construction contract conditions (FIDIC 계약조건과 국내 관련법의 비교 연구)

  • Lee, Sang-Hun;Yang, Chang-Hwan;Jo, Yeong-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2005.11a
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    • pp.127-131
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    • 2005
  • The construction industry has specific characteristics compared with manufacturing industry. This means that each construction project has it's own contract documents due to the difference of environment and time. Now, the construction market is opening according to the Government Procurement Agreement by WTO. Therefore to overcome the associated risks, domestic contract rules and acts should be reformed. FIDIC and domestic construction contract conditions is investigated and analyzed. Based on the research outcomes the direction of reformation is suggested.

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A Strategy for Marketing Information for SME considering Product and Technology Development (제품 및 기술 개발을 고려한 중소기업 마케팅 정보 제공 전략)

  • Lee, Chang-Soo;Son, Kwang-Hee;Chung, Chang-Hwan
    • Proceedings of the Korea Database Society Conference
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    • 2008.05a
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    • pp.253-261
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    • 2008
  • Many SME have difficulties in marketing activities from early product and technology development because of lack of internal marketing abilities. This paper presents the strategy for the public information service providing so that the marketing oriented information system should provide appropriate information in every step of production from raw material procurement, processing, outsourcing, sales to collaboration. A prototype of marketing information system is implemented in terms of product information, market information, technology information and enterprise information.

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Analysis of Approaches of Integrating e-Marketplace with ERP in B2B EC (B2B EC에서의 전자시장과 ERP의 통합 접근방식 분석)

  • Lim, Gyoo-Gun
    • Journal of Information Technology Services
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    • v.2 no.1
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    • pp.75-83
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    • 2003
  • Among EC areas. the B2B EC market is being spotlighted as an important interesting research area considering its size and the potential impact on companeies and the whole society. In comparison with private consumers in B2C EC. business buyers in B2B EC have to precisely keep track of the purchase records. and integrate them with the buyer's e-procurement system, which might have been implemented as a part of integrated ERP (Enterprise Resource Planning) systems. There are three approaches for such integration between ERP and e-marketplace in B2B EC; Two previous approaches are Inside-Out approach and Outside-In approach. And a newly, one is b-cart approach. In this paper, we try to survey these three approaches and make a comparison analysis. From this research. we identify that the b-cart approach is the most efficient framework in integrating ERP with e-marketplace in B2B EC.

A Study on 7-Eleven's Core Competencies: Focusing on the VRIO Model

  • LEE, Kwang-Keun
    • International Journal of Advanced Culture Technology
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    • v.10 no.1
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    • pp.67-74
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    • 2022
  • In this study, the core competencies of 7-Eleven, Japan's representative convenience store, were derived through a qualitative analysis method using VRIO (value, rarity, Imitability, and organization) framework, a management strategy model based on Resource-Based View (RBV). As a result of VRIO analysis, the value can be based on the scale that 7-Eleven ranks first in the Japanese convenience store industry in terms of the number of stores and market share that it has developed based on capital. The rarity is based on the fact that raw material procurement, the main activity of a company, is establishing the nation's largest distribution channel in the entire process, from producers to logisticians and franchisees. The difficulty for Imitability is based on a dominant strategy and has secured a competitive advantage by opening stores in a specific area, improving awareness, and raising barriers to entry. As the largest company in the convenience store industry, it is confirmed that 7-Eleven is the result of organizational power that has built stores not only in Korea but also in 16 countries around the world.

Success Factors of Paris Baguette's Bakery Franchise Business: Industry Competition and Core Competence Analysis

  • Jeong, Jaeseok;Jeong, Hannara;Ko, Kihyeon;Moon, Junghoon;Kang, Hyoung Goo
    • Asia Marketing Journal
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    • v.15 no.2
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    • pp.1-27
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    • 2013
  • The main goal of this study is to examine the competition intensity in the Korean bakery franchise industry and to identify the core competencies of the industry's leading company, Paris Baguette. The frameworks of PEST analysis, Cross Impact analysis, a Five Forces Model, a Value Chain, and VRIO analysis. PEST and Cross Impact analysis were employed to investigate the industry's external environment, and the results indicated that 'increased attention on corporate's Creating Shared Value (CSV) activities' is the most influential factor among others. The analysis using the Five Forces Model found industry rivalry and substitutes were the greatest threats. Finally, the results of Value Chain and VRIO analysis identified four core competencies of Paris Baguette: its CEO's craftsmanship, e-procurement system, quality of dormant dough, and hub system. Multiple managerial implications are suggested for practitioners in the marketing area, especially in the saturated market environment.

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A Study on RAMS Parameters in the Procurement Requirement for Rolling Stock (철도차량의 구매 요구사항에 포함되는 RAMS 특성값에 관한 연구)

  • Chung, In-Soo;Lee, Kang-Won;Kim, Jong-Woon
    • Journal of the Korean Society for Railway
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    • v.11 no.4
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    • pp.371-377
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    • 2008
  • As a railway is receiving attention as an environment-friendly transportation mode, many high speed, inter-city and urban railway are constructed and remodeled in the world. With this trend, railway RAMS was included in the international standard IEC 62278 in 2002. RAMS activity in domestic market is also increased with this international trend. However, IEC 62278 does not describe the methodology of substantial contents like how reliability target is set although it can be used as an overall guideline when RAMS requirements are included in the purchase specification. That is because RAMS requirements should be set with the specific railway condition. It is required to fully understand the meaning of railway RAMS parameters and apply those correspond to the specific railway system and environment condition especially when a quantitative RAMS requirement is set. In this study, the meaning and characteristics of RAMS parameters applicable to the development of quantitative RAMS requirement of rolling stock is described. And the basic concept of RAMS and the definition of failure that IEC 62278 describes is modified and suggested in order to make more suitable to the development of quantitative RAMS requirement.

Determining Decision-making Factors for the Selection of Contract Methods in Public Construction (공공공사의 발주방식선정을 위한 의사결정요인 연구)

  • Kim, Dae-Gil;Lee, Ung-Kyun;Lee, Hak-Ju
    • Journal of the Korea Institute of Building Construction
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    • v.15 no.4
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    • pp.405-412
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    • 2015
  • The procurement of public construction, which has been selected mainly on the basis of the work experience of a department of public agencies that award construction contracts or those in charge of ordering, has not been executed through an objective selection process considering the construction types or characteristics. Thus, as a preliminary study on developing a model for the selection of contract methods, this study intends to analyze and present the key factors affecting the selection of procurement methods in public construction. Through a literature review on the existing methods, foundational factors were first presented, based on the analysis of these factors, the final influence factors were proposed. As a result, 6 factors contractor's characteristics, the environment of the construction market, relevant organization, the characteristics of a project, costs, and responsibility factors were determined, and 14 sub-factors were selected. The factors presented in this study will be used as base data for developing a decision making support model for the selection of contract methods in public construction.