• Journal of Environmental Policy
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• v.11 no.2
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• pp.17-54
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• 2012

This paper researched market responses for listed companies in several industries affected by the major oil spill accident off the coast of Taean, in December 7, 2007. The Taean accident triggered considerable concerns in people over the possibility of potential future regulation in shipbuilding and petroleum industries. However, the accident also provided an unexpected business opportunity for environmental clean-up industry and shipbuilding industry. The oil spill triggered the acceleration of the enactment of policies that require all new oil tankers to be constructed with double hull, which is interpreted as a good news for shipbuilding industry. Increased public pressure coupled with the prospect of tightened regulation is expected to decrease the market values of firms in the affected business fields. The stock prices of shipbuilding companies dropped after the incident but dramatically surged after the enactment of the policy in January 31, 2008. Our study also found that companies with more extensive prior environmental disclosure had less negative market reactions during the first sixteen days following the accident.

• The Journal of Society for e-Business Studies
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• v.19 no.2
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• pp.75-93
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• 2014

We deal with the design of the effective block logistics operating system in shipyard. The block logistics operation is one of the critical managerial problems in shipbuilding. The block logistics operation in shipyard consists of storage operation for temporary storage in the limited storage area and transfer equipment operation of blocks from the given storage area to next process according to the block production schedule. We propose a design method of block logistics operating system based on the axiomatic design and IDEF0 method. As a result of axiomatic design, system functions are determined regarding implementation sequence. We validated the proposed design by implementation of a block logistics operating system for a large scale shipyard.

• Journal of the Society of Naval Architects of Korea
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• v.46 no.3
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• pp.362-371
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• 2009

Shipbuilding is a typical 'build to order' industry. It has a business model that generates revenues from building various ships and offshore products in accordance with owner's requirements at each production stage. Under uncertainty in shipping market, it is very essential for the shipbuilder to prepare the fast and competitive decision for product portfolio strategy in order to maximize contribution margin by exploiting production facilities and constraints. In this study, we introduce the unique decision supporting methodology for the optimal product portfolio sets based on Theory of Constraints(TOC). This methodology is established by adopting the concept of Drum Buffer Rope(DBR) in constraints planning and Throughput Accounting (TA) in management accounting of TOC. In addition, Decision Supporting System(DSS) is implemented. This DSS system provides a throughput estimator with reflecting the cost structure of shipbuilding industry and a resource simulator built on heuristic algorithms to operate major constraint-resources in shipyard such as dock, quay and pre-erection area etc. Several examples are presented to show that the proposed methodology and system can effectively support the strategic decision-making process of a global shipbuilding company.

• Journal of the Korean Geographical Society
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• v.39 no.1
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• pp.116-131
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• 2004

The purpose of this study is to inquiry spatial features of shipbuilding subcontract structures. These days, firms are trying to get their goals by wav of production system which is related to other firm. Shipbuilding subcontract structures which builds complex and grand plant show a different peculiarity according to spatial features having rules of business relations with contracting firms. First of all, internal subcontracting firms which takes part in the production process of contracting firm and shipbuilding cooperative complex firms which showing a peculiarity of spin-off firms are closely related with contracting firm. And firms in Changwon that have a specialized with machine industry and those of Busan that have made development in marine equipment industries traditionally are connected with subcontract relations because of a high level of specialization relatively. On the other hand, subcontracting firms which range from non-localized and provide standardized products are less connected with contracting firm. In order to develop of Korea' shipbuilding industry, first, close cooperative relation is important with subcontracting firms which concentrate internal and outside contacting firm. And, it is necessary to strengthen selective business relations with far distance firms which are specialized in technology.

• Journal of Fashion Business
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• v.16 no.6
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• pp.21-35
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• 2012

In consideration of the injuries and deaths occurring at manufacturing sites due to the use of inappropriate work clothes or safety devices, this study aims to categorize manufacturing work processes to develop functional work clothes for heavy industries including the automobile, machine and shipbuilding industries in South Korea. Defining the features of the work environments and work postures of these industries provided for a categorization of the work processes which would enable the development of suitable work clothes for each work process' category. The results of the study based on a questionnaire survey are as follows: Work process category 1, including steel panel pressing and auto body assembly, final inspection (in automobile) and inspection (in machine), requires work clothes with upper body and arm mobility and performance to protect from the toxic fume factor. Work process category 2, consisting of welding (in automobile), cutting-and-forming (in machine) and attachment-and-construction (in shipbuilding), requires clothing elasticity, durability and heat and fire resistance. Work process category 3 comprising welding and grinding in the machine and shipbuilding industries, requires work clothes' tear resistance and elasticity, particularly for lateral bending mobility, and work clothes' sleeves' and pants' hemlines with sealed designs to defend against iron filing penetration, as well as incombustible and heat-resistant material performance. Finally, work process category 4, including painting in machine and shipbuilding, requires work clothes with waterproofing, air permeability, thermal performance, elasticity, durability and abrasion resistance.

• International Journal of Naval Architecture and Ocean Engineering
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• v.13 no.1
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• pp.405-430
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• 2021

Production planning is a key part of production management of manufacturing enterprises. Since computerization began, modern production planning has been developed starting with Material Requirement Planning (MRP), and today Enterprise Resource Planning (ERP), Advanced Planning and Scheduling (APS), Supply Chain Management (SCM) has been spreading and advanced. However, in the shipbuilding field, rather than applying these general-purpose production planning methodologies, in most cases, each shipyard has developed its own production planning system. This is because the applications of general-purpose production planning methods are limited due to the order-taking industry such as shipbuilding with highly complicated construction process consisting of millions of parts per ship. This study introduces the design and development of the production planning system reflecting the production environment of heavy shipyards in Korea. Since Korean shipyards such as Hyundai, Daewoo and Samsung build more than 10 ships per year (50-70 ships in the case of large shipyards), a planning system for the mixed production with complex construction processes is required. This study draws requirements using PI/BPR (process innovation and business process reengineering) methodology to develop a production planning system for shipyards that simultaneously build several ships. Then, CBD software development methodology was applied for the design and implementation of planning system with drawn requirements. It is expected that the systematic development procedure as well as the requirements and functional elements for the development of the shipyard production planning system introduced in this study will be able to present important guidelines in the related research field of shipbuilding management.

• International Area Studies Review
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• v.14 no.1
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• pp.33-53
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• 2010

This study has analysed riffle effect of shipbuilding business on regional economy in Jeonnam. For the analysis on connection to regional business, the most favored way to estimate economic effect of a certain industry in the nation and overseas, has been adopted. As a result of analysis, in case of 1,908,800 million won turnover in shipbuilding in Jeonnam, it would induce about 3,038,624 million won of production, about 940,656 million won of added value, about 13,361 employment and about 702,056 million won of income. Seeing production riffle effects of shipbuilding industry in Jeonnam on other businesses in the same area, it is found out to influence in order of on the primary industry metal products 458,784 million won, chemical products 128,250 million won, metal products 71,498 million won and on petrol and coal products 50,829 million won. Like this, shipbuilding industry is highly connected with metal and chemical industries, which make a cluster in eastern area of Jeonnam, suggesting that growth of shipbuilding industry in Jeonnam would maximize inter-industrial synergy effect in the region.

• International Journal of Naval Architecture and Ocean Engineering
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• v.3 no.3
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• pp.181-192
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• 2011

Recently, the speed of change related with enterprise management is getting faster than ever owing to the competition among companies, technique diffusion, shortening of product lifecycle, excessive supply of market. For the example, the compliance condition (such as delivery date, product quality, etc.) from the ship owner is getting complicated and the needs for the new product such as FPSO, FSRU are coming to fore. This paradigm shift emphasize the rapid response rather than the competitive price, flexibility and agility rather than effective and optimal perspective for the domestic shipbuilding company. So, domestic shipbuilding companies have to secure agile and flexible ship production environment that could respond change of market and requirements of customers in order to continue a competitive edge in the world market. In this paper, I'm going to define a standard shipbuilding production management system by investigating the environment of domestic major shipbuilding companies. Also, I'm going to propose a unified ship production management and system for the operation of unified management through detail analysis of the activities and the data flow of ship production management. And, the system functions for the strategic approach of ship production management are investigated through the business administration tools such as performance pyramid, VDT and BSC. Lastly, the research of applying strategic KPI to the digital shipyard as virtual execution platform is conducted.

• Journal of Information Technology Services
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• v.12 no.1
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• pp.189-199
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• 2013

As many organizations have adopted and implemented ERP systems, concerns about ERP performance also have increased. Former researches studied the ERP implementation of general large or medium size enterprises but there are not enough studies on ERP systems of a specific industry domain. In this paper, we introduce a case study on ERP adoption methodology of global leading company 'D' in shipbuilding and marine engineering industry. We examined ERP implementation background, method and scope and evaluated ERP performance in perspective of both quantitative and qualitative approaches. Quantitative research usually examines ERP performance based on financial statements and qualitative study typically examines organization change or improvement. As a result, ERP implementation in shipbuilding and marine industry can improve quantitative aspects such as cost, human resource and organization performance. As qualitative analysis, business process and tools can be unified and management transparency can be improved by ERP implementation. The result of this paper will be useful guideline for organizations which are considering ERP systems.

• Journal of Ocean Engineering and Technology
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• v.17 no.4
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• pp.81-85
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• 2003

The industry has undergone a significant change over the last decade: digital business has become a strategy to survive; the extended enterprise is being implemented; parts are made where conditions are most favourable; non-core activities are out-sourced; advanced manufacturing systems and information technologies are introduced to improve manufacturing performance. Suppliers and distributors become part of the supply chain and they all comprise an integrated international co-operative network to provide manufactured goods and support services for a world market just in time, at low prices and with quality surpassing customers' expectations. In this paper, we review various state-of-the-art information technologies for the shipbuilding industry. The successful introduction and implementation of those technologies will be the key enabler for e-transformation in the shipbuilding industry.