• Title/Summary/Keyword: Reduce logistics cost

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The Economic Effects of Logistics Standardization (물류표준화의 경제적 효과 분석)

  • Lee Soon-Cheul;Hong Sungwook;Moon Dae-Seop
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.1665-1670
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    • 2004
  • In this study, we investigate how logistics standardization affects on the cost of the firm. For this study, we survey the firms' logistics standardization. The analysis of the effects of logistics standardization in the firm level finds that the firm may reduce its cost by 11.8$\%$ with its logistics standardization and decrease the logistics cost in the total Korean firm level by 5 trillion Won. This study also finds that the logistics standardization can reduce the total fright costs by 25 trillion Won.

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A Study on the Enterprise Characteristics and Component Factors of Logistics Cost (기업특성에 따른 물류비 구성요소에 관한 연구)

  • Seo, Seon-Ae
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.219-236
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    • 2008
  • A research on logistics cost needs a great deal of effort to calculate logistics cost and analyze its characteristics due to the complexity of logistics cost components. For this reason, the logistics cost is generally calculated based on the government level analysis. However, the standards for calculating logistics cost have not been obvious so far. Furthermore, it is true that it takes a long time and a lot of money to evaluate the percentage of each logistics cost component. The expansion of SCM entities has diversified the factors determining the logistics cost and the change of business environment has had an effect on the components of logistics costs. Therefore, in order to research on logistics cost, it is needed to focused on not only the segmentation of logistics cost components but also on their characteristics, and to separate the former from the latter. That is because the logistics cost components or the characteristics of these components depend on the current situation and conditions of companies. In addition, a strategy to reduce the components of logistics costs such as the transport cost and the storage cost without analyzing the characteristics and causes of the logistics cost could be an alternative unsuitable for the current status of companies concerned. In conclusion, this study was aimed at investigating the factors which are required to fundamentally assume and consider in an effort to calculate and reduce logistics cost based on analyzing the characteristics of logistics cost components.

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A Study on Logistics Cost Management to Using Cost Volume Profit (CVP를 이용한 물류비 관리에 관한 연구)

  • Kim Jin-Sep;Kim Ong-Soo
    • The Journal of the Korea Contents Association
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    • v.6 no.7
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    • pp.22-30
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    • 2006
  • The goal of the company and profit maximization can be achieved by creating revenue or reducing costs. What can be done by the effort of the firm itself is possible through cost-reduction rather than through revenue-creation. Under this economic situation, one of the best way for cost-reduction is to reduce cost of logistics. But logistics costs of a firm is continually increased because of the various customer-satisfaction, competition. This study considers that logistics cost management system be able to apply business practice through to used only a merit of CVP(Cost - Volume Profit) analysis method for effective decision making. To conclude, this study depicts that logistics cost management according to used a merit of CVP analysis method can provide information useful for making strategy of logistics. In short, It is reduce to more costs of logistics investment than are necessary. and, I will expect a man who charge logistics to improvement, adaptation, and application.

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Study on the Model Construction and Route Re-arrange for Logistics Cost Reduction - Case Study of P company - (물류원가절감을 위한 모델구축과 경로 재설치에 관한 연구 - p사의 사례연구를 중심으로 -)

  • Lee, Jeong-Eun;Park, Sang-Bong
    • Management & Information Systems Review
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    • v.33 no.4
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    • pp.39-48
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    • 2014
  • In order that a company may reduce expense, according to companies' income statement, the largest amount of money is set to total sales amount, and the next is the sales cost. The method of reducing the sales cost is the common and it is important to take down a unit price at the time of purchase, or to reduce inventory cost. In this research, the cost reduction model for logistics cost reduction is built using the real data of P company, and in order to verify the validity of a model, logistics cost is calculated through a simulation. A real logistics cost is compared with the logistics cost through logistics route rearrange of the proposal model. It will become an opportunity which analyzes the logistics expense of P company through this research, and can be solved in search of the problem of logistics system.

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A study on the logistics cost reduction in textile industries by introducing Pad Pool System (PPS(PAD POOL SYSTEM) 도입에 의한 섬유업계 물류비 절감에 관한 연구)

  • Kwon An Sik;Park In Sul
    • Journal of the Korea Safety Management & Science
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    • v.7 no.2
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    • pp.95-106
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    • 2005
  • Many Korean companies are challenged to reduce logistics cost and meet environmental-friendly logistics. The textile companies in harsh competition are requested to make improvement on their logistics environment to cut down the total cost. However, they have reached the limit on improving the manufacturing process. We believe that the logistics department is the most improvable part at present. Improving logistics will be highly effective to cut down the total cost. In this study, we present Pad Pool System(PPS) as the solution to save their logistics cost. PPS, which means the shared use of Styrofoam pads, will enable the textile companies to cut down their cost and strengthen enterprise competitiveness. Also, PPS will be helpful reducing environmental disruption because the system reuses retrieved Styrofoam pads many times.

The Improvement in Korean Inland Transportation System for Reducing Export Logistics Cost (수출물류비(輸出物流費) 절감(節減)을 위한 내륙운송체제(內陸運送體制) 개선방안(改善方案))

  • Lee, Young-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.349-376
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    • 1999
  • The objective of this paper is to identify the problems of Korean inland transportation system and suggest the improvement plan for reducing the export logistics cost. The results are as follows: (1) Expansion of logistics hub facilities : Logistics hub facilities- integrated freight terminal and ICD, etc. can shorten the empty leg and reduce the logistics cost. (2) Design for CVO(Commercial Vehicle Operations) : CVO has various functions that improve the efficiency and effectiveness of freight transportation. (3) Rationalization of freight transportation industry : In particular, the deregulation of the motor freight industry and the privatization of the railway industry induce the competition among their firms and undercut the transportation rates in the long run. (4) Use of third-party logistics : The benefits of TPL are system reliability, improved customer service, and more efficient cost performance.

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A Study on Modal Shift effect - Focused on O/D between Busan-Gyeonggi Area -

  • Kang, Dal-Won;An, Young-Mo;Nam, Ki-Chan;Kwak, Kyu-Seok
    • Journal of Navigation and Port Research
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    • v.35 no.9
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    • pp.777-783
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    • 2011
  • Interest about Modal Shift is not being decreased, and it is drawing limelight as green logistics which meets low carbon green growth of National development vision. As an effect of Modal Shift, not only reduction in CO2 emission but also reduction in social cost, logistics cost etc. are being discussed. However, until now research about its practical transformation effect has been scanty. In this study, the actual expenses via CO2 emission, social cost, and logistics cost etc. by road transportation and rail transportation of container cargo with Origin/Destination between Busan-Kyeonggi Area were calculated and we propose beneficial effects when transportation mode is transformed from road to rail with Scenario Planning.

A Study on the Reduction of Logistics Cost in the Paper Industry Using PPS (PPS도입에 의한 "제지업계" 물류비 절감에 대한 연구)

  • 안종윤;강경식
    • Journal of the Korea Safety Management & Science
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    • v.5 no.1
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    • pp.57-67
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    • 2003
  • The logistics cost in Korea is very higher than that of the other countries. Thus, we propose to the way to reduce company's logistics cost in the paper industry. Each company in the paper industry is having its particular sized pallets and using them to manufactured products, store, deliver, retrieve empty pallet and so on. In this reason, the logistics cost is still increasing. As the common introduction of Pallet Pool System to "Paper Industry", the logistics cost could be reduced up to 24% and 1.8 billion won saved approximately, and it possibly attributes to the increase of company profit and the strength of the company competitiveness.itiveness.

A Study on the Logistics Service Factor of Third Party Logistics Companies (3자 물류기업의 물류서비스 요인분석)

  • Jeong, Jae-Yun;Park, Ji-Hoon;Kim, Hwan-Seong
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2019.05a
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    • pp.129-130
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    • 2019
  • Korea manufacturers(SMEs) try to reduce logistics costs and make its efficiency by out-sourcing to a third party logistics company. It will improving logistics service for customers by reducing logistics management factors and decreasing related logistics. To reduce logistics cost, recently, logistics services have had a great effect on customer satisfaction, particularly, it is necessary to conduct detailed study on the effect on cost. In this study, firstly, we analyze the factor of improvement of logistics service of the third party logistics company based on the questionnaire and analyze quantitatively the effect of cost reduction compared to logistics service improvement through sensitivity analysis for each factor do. The purpose of this study is to clarify the relationship between logistics costs and the increase the logistic service factor.

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The Empirical Analysis of the Utilization of Logistics Information System in Korean Firms (한국기업의 물류정보시스템의 활용도에 관한 실태분석)

  • Song, Gye-Eui
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.17
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    • pp.147-167
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    • 2002
  • In this paper, I investigated and analysed of the utilization of logistics information system in Korean firms - key factors of logistics management capacity, capacity of logistics information technology management, utilization of logistics information system and logistics outcome. I come to the conclusion that the higher firms are management capacity and capacity of logistics information technology management, the better firms utilize logistics information system, and the better these firms are logistics outcome, that is, the higher to promote logistics service and to reduce logistics cost.

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