• Title/Summary/Keyword: Product Cost Reduction

Search Result 254, Processing Time 0.024 seconds

A Study of the Expansion of E.R.P.S. Adoption (E.R.P 도입의 확대 방안)

  • Park, Lee-Bong
    • Management & Information Systems Review
    • /
    • v.19
    • /
    • pp.199-221
    • /
    • 2006
  • The purpose of this study is to expand businesses' adoption of the Enterprise Resource Planning System (E.R.P.S.). In order to accomplish the objective, the following conditions need to be fulfilled. 1) Clearness of the goal and expected effect of E.R.P.S. adoption 2) Definiteness of the extent of E.R.P.S. construction 3) The management's will to E.R.P.S. adoption If the E.R.P.S is adopted, the following effects are expected. 1) Speedy quality decision-making is possible. 2) Time taken from the order of the product to its release can be curtailed (from 40days to 10days). 3) Time taken for the development of the product can be shortened (from 24 months to 10 months). 4) Cost reduction is possible by using necessary information in real time.

  • PDF

The Survey on the Effects of Food Hygiene and Customer Voluntary Behavior on the Development of New Products in Foodservice Industry (외식 신상품 개발의 고객 참여와 효과에 관한 연구)

  • Lee, Sun-Ho
    • Culinary science and hospitality research
    • /
    • v.13 no.4
    • /
    • pp.199-210
    • /
    • 2007
  • The purpose of this study is to analyze the survey on the effects of food hygiene and customer voluntary behavior on product development. For this, we examined the demographic variables, relationship and distinctive influence. The study targeted 220 persons and employee who live in Seoul. The findings of this study are as follows. Firstly, we find that, as for food hygiene factors, there are significant relationships among customer satisfaction, cost reduction, customers' prior occupations, food hygiene safety. Secondly, we also find that there is a significant relationship between customer voluntary behavior and the survey. Thirdly, we find that, as for hygiene factors, there is a correlational significant relationship with customer voluntary behavior. Finally, the analysis shows that there is distinctive influence between the food hygiene and customer voluntary behavior. This study has academic significance in that it attempts to investigate the relationship between the factors influencing the development of new merchandise of the food industry.

  • PDF

Analysis of Auxiliary Device in a Gas-solid Cyclone by Experimental and Computational Approaches

  • Lee, Ju-Yeol;Park, Duck-Shin;Jo, Young-Min
    • Journal of Korean Society for Atmospheric Environment
    • /
    • v.19 no.E1
    • /
    • pp.21-28
    • /
    • 2003
  • An auxiliary device, called Post Cyclone (PoC). had been introduced and primarily examined in earlier works which proved the reduction of the emission of fine dust from the gas-solid cyclones without incurring significant increase of cost and pressure drop. It has been known that the PoC has some advantages over other secondary dust treatment devices such as (a) simple design, (b) low cost of manufacture, (c) minimum additional pressure drop, (d) high recoverbility of the product dust, and (e) simplicity of operation. Despite the potential advantage, however, lack of practical data confined its plausible application in wide areas. Thus, in this work, a few serial experiments were conducted in terms of a few operation conditions, and the particle trajectories throughout the cyclone set-up were visually analyzed by using a commercial computer simulation program (FLUENT).

Technical Obstacles to Suftla Flexible Microelectronics

  • Miyasaka, Mitsutoshi
    • 한국정보디스플레이학회:학술대회논문집
    • /
    • 2007.08b
    • /
    • pp.1763-1766
    • /
    • 2007
  • Three technical obstacles must be overcome to build a fruitful business in the nascent industry of flexible microelectronics: the self-heating effect of thin film transistors (TFTs), the thermal and mechanical durability of flexible devices, and the cost issue. The self-heating effect is controlled through TFT shape, TFT electrical performance, dimensional reduction and energy-efficient circuits. Plastic engineering is one of the keys to solving thermal and mechanical durability problems faced by flexible microelectronics devices. For the Suftla flexible microelectronics business to be viable, Suftla transfer yield must be sufficiently high to keep down device cost. Improving the transfer yield is not easy, but it is the same challenge already faced and cleared in the TFT liquid crystal display industry.

  • PDF

A Qualitative Research on Competitiveness Strategies for Rural Tourism Destination (농촌관광마을 경쟁전략)

  • Kim, So-Yun;Yoon, Jun-Sang;Park, Duk-Byeong
    • Journal of Agricultural Extension & Community Development
    • /
    • v.22 no.3
    • /
    • pp.301-319
    • /
    • 2015
  • Competitiveness strategies has been associated in the tourism literature as a crucial factor for the success of tourist. The study aims to explore the competitiveness strategies for tourism destinations by conducting in-depth interviews with probe questions. Thirteen community enterprises' managers in rural tourism communities were interviewed with a semi-structured interview questionnaire for one or two hours. From the interview data, eight themes in two dimensions were identified as competitiveness strategies of rural community enterprises in rural Korea. Differentiation strategies consist of new product development, service improvement, brand image improvement, advertise and public relation, and concentration. Cost leadership dimension includes cost reduction, increasing benefit, and long-term investment. The findings of this paper implicate the underlying the competitiveness strategies from managers' perspective.

Automatic NC Data Generation for 2D Contour and Pocket Machining using AUTO CAD (AUTO CAD를 이용한 2차원 윤곽 및 포켓가공용 NC 데이터 자동 생성에 관한 연구)

  • Kim D.J.;Song Y.J.;Hahn Y.H.
    • Korean Journal of Computational Design and Engineering
    • /
    • v.10 no.1
    • /
    • pp.11-16
    • /
    • 2005
  • CAD/CAM system may have such advantages of cost reduction, production time shortening, and product quality improvement. But current advanced versions of CAD/CAM system for 3-D NC data generation are too much expensive to purchase and too difficult to make full use for small-scale manufacturers whose main products are of 2-D simple shapes. The objective of this paper is to introduce a cost-effective way to 2-D NC data generation with a widely spread CAD software. Using VISUAL LISP in the well-known AUTO-CAD, the contents and steps of an automatic NC data generation program are presented for 2-D machining of contours and pockets. To approve the usefulness of program, a test application to a real part is exhibited also.

Cases Studies on Total Productive Management and Competitive Advantages

  • Li, Chang-Chung;Tsai, Ping-Chen
    • International Journal of Quality Innovation
    • /
    • v.2 no.1
    • /
    • pp.106-116
    • /
    • 2001
  • The purpose of business strategy is to achieve competitive advantages which includes higher efficiency, better quality, more innovation and faster customer response. In other words, The business strategy is to build unique capability of lower cost and/or differentiation. In production aspect, unique capability means better production power with better performance at 3M(Man, Machine, Material) of input and PQCDSM (Product, Quality, Cost, Delivery, Safety, Moral) from output. The Total Productive management (TPM), a series of improvement activities focused on reduction of equipment loss, is a tool to establish business competitive advantages. In this paper, several domestic companies who won the Japan TPM Award have been studied. It is found that there is a strong cause-effect relationship between TPM and competitive advantages because. 1. TPM can change employees mindset effectively. 2. TPM can upgrade employees capabilities. 3. TPM can lead to excellent productivity.

  • PDF

An Analysis of the Effect of Platform Information Quality and Customer Information Quality on Customer Loyalty to Online to Offline Platforms (O2O 플랫폼 충성도에 플랫폼 정보 품질과 고객 정보품질이 미치는 영향 분석)

  • Park, Jun Sung;Park, Heejun
    • Journal of Korean Society for Quality Management
    • /
    • v.52 no.1
    • /
    • pp.23-42
    • /
    • 2024
  • Purpose: This study aims to investigate the impact of two types of information quality, which are platform-oriented information quality and customer-oriented information quality, on customers' decision-making processes in the Online to offline (O2O) platform environment. Grounded in the product brokering efficiency model, which encompasses screening cost, evaluation cost, and decision quality, a model framework was developed. Furthermore, this study explores how these decision-making processes affect customer loyalty. Methods: Given that food delivery apps are the most widely used O2O service in Korea, this study targeted users of these apps for data analysis. We conducted hypothesis testing through a purposive sampling methodology focusing on food delivery app users. A Partial Least Squares Structural Equation Modeling analysis was conducted to analyze the data. The data collection occurred via an online survey from October to December 2021, with a total of 212 respondents participating. Results: The results of this study revealed the significant role of information quality in helping customers' decision processes while using food delivery apps. Specifically, it was found that platform-oriented information positively influences decision quality, while customer-oriented information significantly affects both the reduction of evaluation cost and the enhancement of decision quality. Additionally, the study indicated that lower evaluation costs and higher decision quality lead to increased platform loyalty. However, a reduction in screening cost did not have a significant impact on platform loyalty. Conclusion: While previous studies have overlooked the existence of two sides, service provider and user, in a platform, this research holds significance in its analysis of how information quality impacts loyalty by utilizing the two kinds of information quality. Practitioners can enhance customer loyalty to the platform by enriching customer-oriented information, thereby reducing customers' evaluation costs and encouraging more loyal usage of the platform.

A Techno-Economic Study of Commercial Electrochemical CO2 Reduction into Diesel Fuel and Formic Acid

  • Mustafa, Azeem;Lougou, Bachirou Guene;Shuai, Yong;Razzaq, Samia;Wang, Zhijiang;Shagdar, Enkhbayar;Zhao, Jiupeng
    • Journal of Electrochemical Science and Technology
    • /
    • v.13 no.1
    • /
    • pp.148-158
    • /
    • 2022
  • The electrochemical CO2 reduction (ECR) to produce value-added fuels and chemicals using clean energy sources (like solar and wind) is a promising technology to neutralize the carbon cycle and reproduce the fuels. Presently, the ECR has been the most attractive route to produce carbon-building blocks that have growing global production and high market demand. The electrochemical CO2 reduction could be extensively implemented if it produces valuable products at those costs which are financially competitive with the present market prices. Herein, the electrochemical conversion of CO2 obtained from flue gases of a power plant to produce diesel and formic acid using a consistent techno-economic approach is presented. The first scenario analyzed the production of diesel fuel which was formed through Fischer-Tropsch processing of CO (obtained through electroreduction of CO2) and hydrogen, while in the second scenario, direct electrochemical CO2 reduction to formic acid was considered. As per the base case assumptions extracted from the previous outstanding research studies, both processes weren't competitive with the existing fuel prices, indicating that high electrochemical (EC) cell capital cost was the main limiting component. The diesel fuel production was predicted as the best route for the cost-effective production of fuels under conceivable optimistic case assumptions, and the formic acid was found to be costly in terms of stored energy contents and has a facile production mechanism at those costs which are financially competitive with its bulk market price. In both processes, the liquid product cost was greatly affected by the parameters affecting the EC cell capital expenses, such as cost concerning the electrode area, faradaic efficiency, and current density.

Characteristics of Polyester Polymer Concrete Using Spherical Aggregates from Industrial By-Products(II)(Use of Fly Ash and Atomizing Reduction Steel Slag) (산업부산물 구형골재를 사용한 폴리에스테르 폴리머 콘크리트의 특성(II) (플라이 애쉬와 아토마이징 제강 환원슬래그 사용))

  • Hwang, Eui-Hwan;Kim, Jin-Man
    • Korean Chemical Engineering Research
    • /
    • v.53 no.3
    • /
    • pp.364-371
    • /
    • 2015
  • For the cost down of polymer concrete, It is very important to reduce the use amount of polymer binder, which occupies most of the production cost of polymer concrete. Fly ash and atomizing reduction steel slag are spherical materials obtained from industrial by-products. Spherical atomizing reduction steel slag was manufactured using steel slag from reduction process of ladle furnace by atomizing technology. To investigate the physical properties of polymer concrete, polymer concrete specimens were prepared with the various proportions of polymer binder and replacement ratios of atomizing steel slag. Results showed that compressive and flexural strengths of the specimens were remarkably increased with the addition amount of polymer binder and the replacement ratios of atomizing steel slag. In the hot water resistance test, compressive strength, flexural strength, bulk density and average pore diameter decreased but total pore volume and pore diameter increased. We found that polymer concrete developed in this study reduced the amount of polymer binder by 18.2% compared to the conventional product because of the remarkable improvement of workability of polymer concrete using spherical fly ash and atomizing reduction steel slag instead of calcium carbonate (filler) and river sand (fine aggregate).