• Title/Summary/Keyword: Productivity Impact

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Overseas Subsidiaries and the Productivity of Two-way Trading Manufacturers in Global Value Chains

  • Jung, Ji-Eun;Hur, Jung
    • Journal of Korea Trade
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    • v.23 no.3
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    • pp.1-19
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    • 2019
  • Purpose - This research examines the effect of a foreign subsidiary on the productivity growth of a Two-way trading manufacturing firm in Korea. We explore firms engaged in both trade and FDI simultaneously to verify whether participation in GVC as a broad concept is an efficient internationalization strategy to increase the productivity of a Korean manufacturing firm. Design/methodology - Based on the firm-level data by utilizing the Survey of Business Activities from Statistics Korea, we examine the impact of vertically integrated foreign subsidiaries on the productivity of a manufacturing firm that exports and imports simultaneously. Findings - The results show that if a Two-way trading firm establishes one or more overseas subsidiaries, the total factor productivity growth increases. Moreover, the FDI effect is statistically significant when the destination country has an economically close relationship with Korea. However, these effects are disparate depending on the industrial competitiveness or market situation where the subsidiary is located. Nonetheless, the synergy effect resulting from industrial combination is represented in China and the USA only. Originality/value - As the importance of GVC has become more emphasized around the world. In spite of the scarcity of related domestic studies, we explored the effect of multinational manufacturing firms participating in GVC using firm-level data.

An Agent-Based Framework for Investigating Safety-Productivity Tradeoff of Construction Laborers Considering Risk-taking Behavioral Heterogeneity

  • Khodabandelu, Ali;Park, JeeWoong;Kheyrandish, Seyedmohsen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1114-1121
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    • 2022
  • Construction laborers and crews play a critical role in achieving a safe and productive construction site. Many past research studies used top-down approaches/perspectives for studying the impact of laborers' performance on overall construction site outputs with limited flexibility in accounting for laborers' various characteristics. However, the recent reap in computational advances allowed applications of bottom-up architectures, which can potentially incorporate heterogeneous characteristics of laborers' individual behavioral and decision-making features effectively. Accordingly, agent-based modeling (ABM), as a tool to leverage a bottom-up methodological approach, has been widely adopted by recent research. Existing literature investigated the influence of changes in laborers' behaviors and interactions on either construction sites' safety performance or productivity performance individually, leaving the tradeoff between safety and productivity in this context relatively unexplored. Accordingly, this study aims to develop an agent-based framework to study the tradeoff between project safety and productivity performances resulting from changes in laborers' behaviors after attending safety trainings. Our findings via simulations indicate that proper safety trainings can improve safety performance without negatively impacting productivity performance.

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Structural Analysis of Earthwork Productivity Influence Factors Using Fuzzy DEMATEL Method (Fuzzy DEMATEL 방법을 활용한 토공사 생산성 영향요인 구조분석)

  • Lee, Chanwoo;Kim, Hyeonmin;Kim, Hyungjun;Cho, Hunhee
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.6
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    • pp.751-760
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    • 2023
  • Enhancing productivity in earthwork projects is crucial, significantly affecting both time and cost efficiencies. However, existing research in this domain predominantly relies on qualitative data and methodologies, which may not suffice given its critical significance. This study employed the fuzzy DEMATEL method to conduct a structural analysis of variables affecting productivity in construction projects. The findings reveal that plan changes possess the most substantial overall influence on earthwork productivity, with a comprehensive strength rating of 4.58. Additionally, it was observed that precipitation data exerted the most pronounced positive impact, with a rating of 0.48. These insights are anticipated to aid in identifying and prioritizing areas for productivity enhancement in construction projects.

Atomization Characteristics of Cutting Fluids (절삭유의 미립화 특성)

  • Hwang, Joon;Chung, Eui-Sik;Joung, Jin-Yel;Hwang, Duck-Chul
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2002.05a
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    • pp.943-946
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    • 2002
  • This paper presents atomization characteristics of cutting fluids. To analyze the behavior characteristics of cutting fluid, analytical approach and experimental measurement were performed to predict the aerosol size, velocity and concentration due to cutting fluid atomization mechanism in machining operation. The established analytical model which is based on atomization theory analyzes the cutting fluid motion and aerosol generation in machining process. The predictive models can be used as a basis for environmental impact analysis on the shop floor. It can be also facilitate the optimization of cutting fluid usage in achieving a balanced consideration of productivity and environmental consciousness.

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Reducing Inventory and Improving Productivity : Evidence from the PIMS Data

  • Kim, Taek-Won
    • Journal of Technology Innovation
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    • v.6 no.1
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    • pp.187-214
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    • 1998
  • This paper tries to examine the effectiveness of inventory reduction to the productivity increase and the impact of production environments on its effectiveness utilizing the Profit Impact of Market Strategy (PIMS) Database from the Strategic Planning Institute, a large data set that covers a variety of manufacturing activities from the early 1970s to late 1980s. The empirical results of this paper support the robustness of the principle of "Lean Production" or JIT system (also referred to as "Stockless Production"). We also find that the overall environment in which manufacturing strategic business units operate is an important factor in determining the different degrees of effectiveness of the work-in process (and raw materials) invertory reductions. In particular, we find that the effectiveness of the work-in process reduction varies according to the position in the product life cycly as well as the complexity and characteristics of the production processes.roduction processes.

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Effect of Distribution Center Consolidation and Inventory Reduction on Logistics Cost (물류 센터 통합 및 재고 감축이 물류비용에 미치는 영향)

  • Park, In-Kyu;Kang, Sung-Woo;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.17 no.1
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    • pp.265-270
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    • 2015
  • In industrial society, the core competency of company was depend on the productivity. However the knowledge information era of the 21st century, the market power moved to downstream, the core competency of company is moved from productivity to how to make the products meet the market. Inventory was the burden of the company management. Most of company trying to reduce the inventory. In this study, analyze the impact of inventory to company's operating profit and the impact of distribution center consolidation to total inventory of company.

Influence of Job Characteristics on the Use of Groupware and Job Performance (직무특성이 그룹웨어의 활용과 직무성과에 미치는 영향에 관한 연구)

  • 문태수;김승권
    • The Journal of Information Systems
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    • v.10 no.1
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    • pp.217-241
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    • 2001
  • Groupware technologies have become an important part of the business computing infrastructure in many organizations, but many groupware applications, especially those requiring significant collaboration among users, are still nut adequately used. The purpose of the paper is to explore the impact of groupware on the job performance. Recently, utilization of new information technology such as groupware can increase office productivity, but often this potential is not realized. Results of most studies indicate that groupware could increase the productivity of knowledge workers, who compose the majority of the labor force in the organization. The study on the impact of job characteristics on groupware and job performance is not sufficient. This study examines the influence of job characteristics such as job diversity, autonomy, and feedback on the use of groupware and job performance. In addition to that, this study examines the influence of the use of groupware on job performance. The results of regression analyses revealed that feedback was the major predictor of job performance, while autonomy and job diversity were the Haler predictors of the use of groupware. Also, the use of groupware were found to be important predictors of job performance.

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Analysis of the Impact of Mobile Office Technology on Organizational Collaboration

  • Cho, Namjae;Yoon, Joongsik;Park, Songmyung
    • Journal of Information Technology Applications and Management
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    • v.22 no.1
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    • pp.95-107
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    • 2015
  • The rapid deployment of smart mobile equipments such as mobile phones and mobile note pads is considered a driving force to change several aspects of today's work life in organizations. Among all, this paper focuses on organizational collaboration as collaboration is a key aspect of organizational performance and success and is considered to be affected by digitally mediated communication. A questionnaire survey was performed to analyze the impact of the use of modern mobile office technology on productivity increase under the context of organizational collaboration. Some specific functions of mobile office technology were found to significantly affect the productivity. In addition, different requirements for desired collaboration were found to be associated with the use of different functions of mobile office technology and different situational use of the technology. Organizational and technical implications of the findings are discussed.

A Strategic Approach for Environmental Conscious Machining (환경친화적 기계가공을 위한 전략적 접근)

  • Hwang, Joon;Chung, Eui-Sik;Liang, Steve Y.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 1997.10a
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    • pp.847-850
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    • 1997
  • This paper presents a strategy to develop the environmentally conscious machining process. To establish the knowledge the analytical and experimental methodology for he prediction of aerosol concentration due to cutting fluid atomization mechanism in machining operation. The established analytical model which is based on atomization theory analyzes the cutting fluid motion and aerosol generation in machining process. The impinging and evaporation experiments were performance to know the particle size ad evaporation rate of cutting fluid. The predictive models can be used as a basis for environmental impact analysis on the shop floor. It can be also facilitate the optimization of cutting fluid usage in achieving a balanced consideration of productivity and environmental consciousness.

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Optimization of Cutting Fluids for Environmentally Conscious Machining (환경친화적 기계가공을 위한 절삭유 최적화에 관한 연구)

  • Hwang, Jun;Jung, Eui-Sik;Liang, Steven Y.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2000.05a
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    • pp.948-951
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    • 2000
  • This paper presents the analytical and experimental methodology for the prediction of aerosol concentration and size distribution due to cutting fluid atomization mechanism in turnining operation. The established analytical model which is based on atomization theory analyzes the cutting fluid motion and aerosol generation in machining process. The impinging and evaporation experiments were performed to know the particle size and evaporation rate of cutting fluid. The predictive models can be used as a basis for environmental impact analysis on the shop floor. It can be also facilitate the optimization of cutting fluid usage in achieving a balanced consideration of productivity and environmental consciousness.

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