• 제목/요약/키워드: Retail and Distribution Industry

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Digital Distribution in Preparation for the 4th Industrial Revolution: Focused on the Beauty Industry

  • Hye Jeong, KOO;Ki Han, KWON
    • 산경연구논집
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    • 제14권2호
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    • pp.21-33
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    • 2023
  • Purpose: After using the Internet, the world is changing through several paradigms, and the retail industry, which is essential to living in the world, is also changing rapidly. In this review paper, the requirements that the retail industry should consider and prepare in accordance with the rapidly changing paradigm were reviewed according to the current situation of the times. Research design, data, and methodology: It is a review of technological development using PRISMA flow diagram, retail change, and necessity in April 2022, and a review of the digital environment to be applied to the retail industry in the future. Results As the current situation and changes of retail, and the development of IT technology, reviews on the retail business applying the 4th Industrial Revolution, the Internet of Things and artificial intelligence were collected, and the direction of the retail industry was suggested. Conclusions: The direction for the retail industry in preparation for developing technologies was presented. In addition, this study is a review paper that suggests the need for research on active introduction of new technologies to the beauty market that is very close to human life and economically helpful as IT technology for the 4th industrial revolution develops rapidly.

The Process Model of Retail Format Creation in the Japanese Eyeglasses Industry : The Case Study of JINS Inc.

  • Cho, Myung-Rae;Mukoyama, Masao
    • 유통과학연구
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    • 제16권2호
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    • pp.5-18
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    • 2018
  • Purpose - In recent years, new retail innovations have emerged in the Japanese eyeglasses industry and grown as a retail format. The purpose of this study is to establish the process model of retail format creation by examining how a retailer creates a retail format and under what kind of environmental conditions. Research design, data, and methodology - This study pointed out the weakness of the concept of the retail format in existing research on the retail format in existing research on the retail format variation theory and suggested the concept of "Formula" to analyze an individual retailer. This study categorized the subjects categorize the subjects of retail format creation into four categories, and analyzed JINS which is the retail format leader in the Japanese eyeglass industry. This study used secondary data because it is valid. Results - This research found "product handling skill," "changes to consumer purchasing patterns," and "competitive interaction" as environmental factors influencing retail format creation. This study highlighted how JINS adapted those environmental factors to create their original formula and suggested the process model of retail format creation through the JINS case study. Conclusions - This study discussed two theoretical implications and three managerial impressions which were derived from the JINS case study. This study also discussed limitations and further research issues.

A study on the deployment status and development plan of retail technology

  • KIM, Se-Jin;LEE, Sang-Youn
    • 4차산업연구
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    • 제1권1호
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    • pp.23-29
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    • 2021
  • Purpose - Faced with the great change of the 4th industrial revolution and the addition of the COVID-19 pandemic, great confusion and crises are occurring in the retail environment as well. The purpose of this study is to suggest the necessity of establishing a methodology for applying retail tech to offline distribution channels in crisis. Research design, data, and methodology - After examining the recent developments of representative fields to which retail technology is applied, it is rearranged through consideration through previous studies. Result - The retail industry must transform into digital commerce through digital transformation. According to the development of retail technology, the distribution industry is at a time of change from the stage of brokering product and service transactions to a structure that creates value based on information on production and consumption. The business model of the distribution industry must be converted to a platform business model in which both consumers and producers become users. Conclusion - In-depth analysis of the cases has not been conducted, and there are limitations in that the development is somewhat insufficient due to insufficient prior research data. However, it is meaningful to suggest the necessity of finding a methodology for applying retail technology to overcome the crisis of offline retailers through quantitative research on the retail technology area.

A Research on the Relationship between Accrual-based Earnings Management and Real Earnings Management in the Retail Industry

  • KANG, Shinae;KIM, Taejoong
    • 유통과학연구
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    • 제17권12호
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    • pp.5-12
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    • 2019
  • Purpose - In this paper, we examine the effect of accrual earnings management and real earnings management on the corporate value of retail corporations. Research design, data, and Methodology - The sample cover firms whose settlement is December among retail companies listed on the Korea Stock Exchange's securities market and KOSDAQ market from 2001 to 2016. Of these, the targets were companies with operating profit and equity capital of zero or higher and with sales data. The secondary data was collected through KIS-VALUE data base. The Jones model and the modified Jones model were used for the calculating the accrual-based earnings management and the real earnings management. Result - According to the empirical results, the relationship between accrual earnings management, real earnings management and firm value is positively significant in the retail industry as in manufacturing industry. These results are also significant when controlling the size, profitability, investment, debt ratio, dividend, and growth potential of a company. Conclusions - The characteristics of the distribution business can be identified and the influence of the various kinds of earnings management, which is being researched around the manufacturing industry, can be studied in the distribution industry to give practical implications to investors.

The Negative Effect of the Covid-19 Pandemic on the Acceleration of Startup Innovation in the Retail Supply Chain

  • JUNG, Kum-Jong;JEON, Byung-Hoon
    • 유통과학연구
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    • 제19권9호
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    • pp.79-90
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    • 2021
  • Purpose: The covid-19 pandemic has led to the implementation of strict measure such as social distancing and lockdown around the globe and these measures has largely affected the retail industry. This study is to examine the negative impacts of the covid-19 pandemic on the acceleration of startups innovation in the retail industry. Research design, data and methodology: The current authors used the qualitative content approach and the data collection process in this procedure starts with a formulated and direct research question which means that rather than asking how a change in one variable leads to a change in the other, the research question seeks to understand the meanings and experiences derived from the piece of communication. Results: This section outlines how retail companies can overcome the adversely effect of the Covid-19 pandemic on the acceleration of startup innovation in the retail industry. The solutions are mostly from peer-reviewed articles. All retailers should respond to the negative impacts of the covid-19 pandemic to ensure their continuity while accelerating startups innovations in the sector. Conclusion: This study implies that the retailing industry, alongside other sectors, should respond to the negative effects of the covid-19 pandemic by encouraging innovations and adaptations. The study has shown that flexibility is very crucial to adapt during the crisis

The Role of Retail Beauty Workers to Enhance Green Supply Chain Management in the Beauty Industry

  • Eun-Jung SHIN
    • 유통과학연구
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    • 제21권10호
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    • pp.97-107
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    • 2023
  • Purpose: The primary objective of the present study is to investigate the contribution of retail beauty workers toward improving 'Green Supply Chain Management' (GSCM) within the beauty sector, and to address the following research inquiry: What are the responsibilities and contributions of retail beauty workers in the promotion and implementation of GSCM practices within the beauty industry? Research design, data, and methodology: The research methodology for this study was employed in investigating the current literature dataset and conducting qualitative literature analysis (Peer-reviewed journal articles and books). This study provides a comprehensive account of the data collection procedure and clear process employed for data analysis. Results: According to the qualitative textual analysis based on comprehensive literature analysis, the crucial aspects of retail beauty workers' contribution to enhancing GSCM within the beauty industry are following: (1) Promote green products, (2) provide green customer education, (3) Provision of environmental friendly services, and (4) Involvement in reducing green waste. Conclusions: All in all, through this process, four distinct roles were identified, which retail beauty workers can assume to facilitate the implementation of GSCM practices. This entails effectively advocating for environmental friendly products to customers by showcasing their value, attractiveness, and appropriateness in meeting customers' requirements and preferences.

DEA/Window기법을 이용한 유통산업의 ERP 도입 효율성 연구 (An Efficiency Evaluation of Firms Having Implemented ERP using DEA/Window in the Retail and Distribution Industry)

  • 백성현;박광호;김태영
    • 경영정보학연구
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    • 제15권2호
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    • pp.75-90
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    • 2013
  • 본 연구는 DEA 기법을 이용하여 ERP를 도입한 유통업체들의 경영 성과 분석을 도입 전과 후를 상대적으로 비교해 봄으로써 ERP가 기업에 효과적으로 기여한 바를 규명하기 위하여 수행되었다. 본 연구에서는 10개의 유통업체를 대상으로 ERP 시스템이 경영 활동에 얼마나 효과적으로 기여하는지를 확인하고자 하였고, 이를 위하여 인력, 자산 재고의 투입요소와 매출액, 순이익의 산출요소를 활용하였다. 본 연구는 ERP를 도입한 후 적극적으로 경영 혁신을 시도한 기업들은 지속적으로 경영 성과가 개선되어 효율성이 향상되는 것을 확인할 수 있었으며, 유통 산업계에서는 ERP 도입 후 구체적으로 효과가 가시화되기까지 최소한 3년이 필요함을 알 수 있었다. 또한 기존 연구들이 대상으로 하였던 제조산업과는 달리 유통산업에서는 ERP 도입 후 효율성이 개선되는 것이 회사의 크기에 반드시 비례하지 않는다는 것을 확인할 수 있었다.

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유통산업의 한일비교 연구 - 산업연관분석을 중심으로 - (Korea and Japan Comparison Study of Distribution Industry: Focus on Input-out Analysis)

  • 조광현
    • 한국유통학회지:유통연구
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    • 제16권5호
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    • pp.171-192
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    • 2011
  • 본 논문은 한일 양국 유통산업의 공통점과 차이점을 분석하기 위해 각국의 산업별 국민경 제의 점유율, 유통산업의 생산성, 산업연관분석 등을 수행한 결과를 다음과 같이 요약하였다. 농림어업의 국내총생산 점유율은 한일 양국 모두 하락하고, 제조업은 한국이 증가하고 일본이 하락하는 반면 유통산업은 한국이 하락하고 일본이 상승했다. 고용인구의 점유율은 모든 산업이 한일 양국 모두 하락하고, 상대적 노동생산성은 농림어업, 유통산업 등이 한일 양국 모두 노동력을 필요로 하는 반면 제조업은 충족하고 있다. 유통산업에 대한 국내총생산의 연도별 추이는 한일 양국 모두 영향력계수에 비하여 감응도 계수가 크다. 한일 양국 간 유통산업에 대한 국내총생산의 연도별 영향력계수는 일본에 비하 여 한국이 큰 반면 감응도계수는 한국에 비하여 일본이 크다. 최종수요의 생산유발효과는 한 국에 비하여 일본이 큰 반면 수입유발효과는 일본에 비하여 한국이 크다. 유통산업비의 상승은 섬유 및 가죽제품, 음식료품, 목재 및 종이제품 등의 산업부문에 한일 양국 모두 직접 간접적인 파급효과가 크다. 한일 양국 간 비교하면 대부분의 산업부문, 기업 물가지수, 소비자물가지수 등은 한국에 비하여 일본이 파급효과가 크다. 한일 양국의 시차 간 유통산업의 영향력은 유사한 반면 감응도는 일본에 비하여 한국이 약 화되는 것으로 보아 한국의 유통산업은 적극적인 방향을 정책수립에 반영할 필요가 있다. 유통산업은 투자부문에서 한국은 공공주도형의 경향을 나타내는 반면 일본은 민간주도형의 경향을 나타냈다. 앞으로 한국의 유통산업은 일본과의 시차를 감안한다면 경제발전과 안정단계 에 진입하면서 민간주도형으로 전환될 것으로 예측되기 때문에 정책방향을 설정하는데 중요 할 것이다.

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Capital Structure Adjustment in Korean Retail Firms

  • Kim, Sang-Su;Lee, Jeong-Hwan
    • 유통과학연구
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    • 제15권11호
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    • pp.41-48
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    • 2017
  • Purpose - Capital structure adjustment costs influence the test of the standard trade-off theory of capital structure. We investigate whether there exist economically significant capital adjustment costs in the Korean retail industry. Research design, data, and methodology - This paper adopts the model of Leary and Roberts(2005) to obtain the hazard rate of capital structure variations. The retail firms traded in the KOSPI and KOSDAQ markets are analyzed from 2000 to 2016. Results - The empirical analysis shows infrequent capital structure adjustments in the Korean retail firms. The duration analysis emphasizes that the fixed adjustment cost plays an important role in the determination of capital structure adjustments for the Korean retail firms. Yet, even after taking account of infrequent capital structure adjustments, the trade off theory only weakly explains the capital structure variations of the Korean retail firms. Conclusions - This paper confirms the existence of capital structure adjustment costs for the Korean retail firms. Our results argue for the significance of fixed adjustment costs in capital structure adjustments. Such emphasis on the fixed cost is inconsistent with the existing studies. The trade off theory does not successfully explain capital structure policy in the Korean retail firms even after considering adjustment costs.

Classification of distribution channels of textile and apparel retailers in Turkey

  • Saricam, Canan;Erdumlu, Nazan
    • 복식문화연구
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    • 제21권6호
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    • pp.961-966
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    • 2013
  • Being one of the most important textile and apparel producers for years, Turkey began to become active in terms of retailing. Although retailing industry is in its growing phase, the social and economic influences caused the customers' tastes and demands to be more distinctive and segmented in parallel with the advancement of the retail industry. Therefore, the retail industry began to develop in more fragmented way where clear boundaries between different types of retailers were established. In this study, the apparel retail market is overviewed and analyzed within the context for determination of the current situation and future prospective. To this aim, the textile and apparel companies that are active in Turkey were classified into groups based on the type of distribution channels they used. Then, the performances of the groups were established using the secondary type of resources. Finally, the findings were summarized, by showing the similarities and differences between different channels.