• Title/Summary/Keyword: Reducing Logistic costs

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Efficient Management of Rental Logistics Industry (랜탈 물류산업의 효율적 운영방안)

  • 김준효;양광모;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2002.11a
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    • pp.227-232
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    • 2002
  • Enormous flocks by the reduced life cycle of products caused by the technological innovation if later 20 century, development of new materials and diversified demands of customers appeared as the pressing element causing the trouble in management of companies, and when considering the logistic costs that are imposed to companies in terms of function, the costs related to the stock topped the list of costs, followed by the transportation ones, and for pallet pool system, inventory of stocks is very difficult by the number of companies. Reducing the logistic cost may be accomplished by numbers of logistic management methods, but the most fundamental and essential one is the accomplishment of the consistent pallet system that is the core of unit load system, and the purpose of consistent pallet system is the treatment of logistic functions such as transportation, storage and unloading with consistent pallet system, and increasing the turnover ratio is required for the improvement of the system. As the turnover ratios is increased, more pallets will be used so, numbers of empty pallets will be increased accordingly by returning the pallet. Therefore, in this study, we will establish the effective stock management system by comparing with the other existing stock management system after looking at the concept and examples of pallet full system in order to resolved this kind of problem.

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A Study on Efficient Management of Pal1et Pool System (파렛트 풀 시스템의 효율적인 운영에 관한 연구)

  • 김준효;양광모;강경식
    • Journal of the Korea Safety Management & Science
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    • v.5 no.1
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    • pp.33-43
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    • 2003
  • Enormous stocks by the reduced life cycle of products caused by the technological innovation in later 20 century, development of new materials and diversified demands of customers appeared as the pressing element causing the trouble in management of companies, and when considering the logistic costs that are imposed to companies in terms of function, the costs related to the stock topped the list of costs, followed by the transportation ones, and for pallet pool system, inventory of stocks is very difficult by the number of companies. Reducing the logistic cost may be accomplished by numbers of logistic management methods, but the most fundamental and essential one is the accomplishment of the consistent pallet system that is the core of unit load system, and the purpose of consistent pallet system is the treatment of logistic functions such as transportation, storage and unloading with consistent pallet system, and increasing the turnover ratio is required for the improvement of the system. As the turnover ratios is increased, more pallets will be used so, numbers of empty pallets will be increased accordingly by returning the pallet. Therefore, in this study, we will establish the effective stock management system by comparing with the other existing stock management system after looking at the concept and examples of pallet full system in order to resolved this kind of problem.

An Empirical Study on the Determinant Factors of Logistic Partnership of manufacturers in Gyeongbuk-do Province (경상북도 지역 제조기업의 물류통상 파트너십 결정요인에 관한 연구)

  • Shin, Jeong-Yong;Cho, Cheong-Gu;Koh, Yong-Ki
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.123-152
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    • 2010
  • With the change of diverse business environments, the need for the third party logistics(3PL) is strategically considered for securing core abilities of manufacturers' own business. Most manufacturers are willing to have Win-Win relationship with the 3PL companies, instead of working with 3PL companies only for the purpose of reducing costs of logistics. This study has intentions to analyze determination factors of the distribution partnership which influence manufacturing firms within Gyeongsangbuk-do province and effects of partnership which exert an favorable influences on their outcome. With regard to the determination factors, it is found that determination factors consists of shipping quality, crisis management and possession of resources. And for the effects, saving logistics cost, improvement in service quality and strengthening the distribution partnership are included. This study intends to suggest helpful guidelines to business managers who seek a solution for more efficient logistics service.

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Development of fertilizer-distributed algorithms based on crop growth models (작물생육모형 기반 비료시비량 분배 알고리즘 개발)

  • Doyun Kim;Yejin Lee;Tae-Young Heo
    • The Korean Journal of Applied Statistics
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    • v.36 no.6
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    • pp.619-629
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    • 2023
  • Fertilizers are crucial for increasing crop yield, but using too much of them without taking into account the nutrients that the crops need can increase costs for farm management and have a negative impact on the environment. Through smart agriculture, fertilizers can be applied as needed at the right time to reflect the growth characteristics of crops, reducing the burden of fertilizer losses and providing economical nutrient management. In this study, we use the total dry weight of field-cultivated red pepper and green onion grown in various growing environments to fit a nonlinear model-based crop growth model using different growth curves (logistic, Gompertz, Richards, and double logistic curve), and we propose a fertilizer distributed algorithm based on crop growth rate.

A Study on the Relocation of Logistics Center for improving the Logistics Efficiency (물류센터 재배치를 통한 물류효율화에 관한 연구)

  • Sung, Yong-Tae;Kim, Jin-Joo;Kim, Hwan-Seong
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.213-214
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    • 2016
  • Based on the efficient supply chain management which will be derived the customer satisfaction, the developing strategies about the scale and location of distribution center(DC) is a very important decision factors to improve the logistics cost efficiency. To do this, we will analyze the conventional DCs' location and cost which belongs to 'D' grocery company operating in Korea and propose the useful way for relocating and establishing DC in company to satisfy the reduction target of logistics cost.

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A Research of the Logistics Legal System in China-Korea FTA

  • Zhang, Fan;Su, Shuai
    • The Journal of Economics, Marketing and Management
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    • v.6 no.1
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    • pp.25-30
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    • 2018
  • Purpose - This paper mainly studied the role of the logistics legal system in promoting international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation etc between China and Korea. Research design, data, and methodology - The study conducted a survey on China and Korea's 2012-2017 years data. After empirically analyzing the data, we believe that cultural industry in Korea and China will maintain its growth momentum. Results - This study explored the way to establish an integrated logistics system between China and Korea to match the e-commerce certification system, online payment system and logistic distribution, thereby gradually promoting economic development and logistics integration in Asia. Conclusions- China-Korea FTA can encourage private flow to take on enterprises. In terms of improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance.

Simulation-based Analysis of Electric Power Consumption Efficiency for Self-Driving Roller Conveyor Systems (시뮬레이션 기반 자체 구동 롤러 컨베이어 물류시스템의 전력 효율 분석)

  • Kim, Young J.;Park, Hee N.;HAM, Won K.;Park, Sang C.
    • Journal of the Korea Society for Simulation
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    • v.24 no.3
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    • pp.97-105
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    • 2015
  • This paper is to analyze the efficiency of power consumption in logistic systems that are based on self-driving roller conveyors by the simulation technology. The improvement of the efficiency brings advantages for reducing greenhouse gas emission and logistics costs. A self-driving roller conveyor is operated only when products are loaded on itself. Thus, the self-driving roller conveyor systems consume less electric power than continuous-driving roller conveyor systems. In this paper, we design a DEVS (Discrete-Event based System) based simulation model and construct self-driving roller and continuous-driving roller conveyor models. For the verification and validation of the designed simulation system and conveyor models, we model a corresponding logistic model for the experimental environment and compare between the model and a real system. The main objective of this paper is to describe the power consumption advantage of self-driving roller conveyor based logistic systems using a simulation method.

Impacts of Household Income and Economic Recession on Participation in Colorectal Cancer Screening in Korea

  • Myong, Jun-Pyo;Kim, Hyoung-Ryoul
    • Asian Pacific Journal of Cancer Prevention
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    • v.13 no.5
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    • pp.1857-1862
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    • 2012
  • To assess the impact of household income and economic recession on participation in CRC screening, we estimated annual participating proportions from 2007 to 2009 for different CRC screening modalities according to household income levels. A total of 8,042 subjects were derived from the fourth Korean National Health and Nutrition Examination Survey (KNHANES IV). Multivariate logistic regression analysis was used to estimate odds ratios and 95% confidence intervals for CRC screening with household income quartiles by gender in each year. People were less likely to attend a high-cost CRC screening such as a sigmoidoscopy or colonoscopy independent of the income quartile during the economic recession. Income disparities for participating in opportunistic cancer screening appear to have existed among both males and females during the three years (2007-2009), but were most distinctive in 2009. An increase in mortality of CRC can therefore be expected due to late detection in periods of economic crisis. Accordingly, the government should expand the coverage of CRC screening to prevent excess deaths by reducing related direct and indirect costs during the economic recession.

A Study on the Sustainable New Innovation Plan of the Korean Industrial Logistics (지속가능 신(新)산업물류혁신방안에 관한 연구)

  • Park, Kwang-So;Yu, Kwang-Hyun
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.53
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    • pp.155-180
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    • 2012
  • Korea has the plans to improve nation and corporate global competitiveness through reducing the logistics costs. Ministry of Knowledge Economy, as the government department of in charge of the plan, establish industrial logistics policies in 2002 and 2007 and it's about time to set up the third industrial logistics policy in 2012. There are new trends for the logistics environment in terms of environment-friendly logistics, logistics securities, win-win collaboration etc. This study propose some harmonious plans between logistic productivity and the new trends in the field of logistics. For the purpose of that, we have evaluated the second industrial logistics policy. We propose the vision and objectives of the new industrial logistics policy. The vision is entering the line of industrial logistics developed nations through the sustainable logistics innovation, and the objects are smart & green logistics, win-win collaboration, lead the new logistics trends etc. We also propose the set the system and rules to push promote the new plan. In addition, industrial logistics is the new terminology setting out use by Ministry of Knowledge Economy.

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Exploring Reliability of Wood-Plastic Composites: Stiffness and Flexural Strengths

  • Perhac, Diane G.;Young, Timothy M.;Guess, Frank M.;Leon, Ramon V.
    • International Journal of Reliability and Applications
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    • v.8 no.2
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    • pp.153-173
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    • 2007
  • Wood-plastic composites (WPC) are gaining market share in the building industry because of durability/maintenance advantages of WPC over traditional wood products and because of the removal of chromated copper arsenate (CCA) pressure-treated wood from the market. In order to ensure continued market share growth, WPC manufacturers need greater focus on reliability, quality, and cost. The reliability methods outlined in this paper can be used to improve the quality of WPC and lower manufacturing costs by reducing raw material inputs and minimizing WPC waste. Statistical methods are described for analyzing stiffness (tangent modulus of elasticity: MOE) and flexural strength (modulus of rupture: MOR) test results on sampled WPC panels. Descriptive statistics, graphs, and reliability plots from these test data are presented and interpreted. Sources of variability in the MOE and MOR of WPC are suggested. The methods outlined may directly benefit WPC manufacturers through a better understanding of strength and stiffness measures, which can lead to process improvements and, ultimately, a superior WPC product with improved reliability, thereby creating greater customer satisfaction.

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