• Title/Summary/Keyword: Small Enterprises

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An Exploratory Study on Developing SCM Performance Measurements in Small and Medium Enterprises (중소기업 SCM 성과측정지표 개발에 관한 탐색적 연구)

  • Kim, Jin-Soo;Kim, Dae-Jin
    • The Journal of Information Systems
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    • v.13 no.2
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    • pp.195-226
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    • 2004
  • SCM becomes the key information systems in small and medium enterprises followed by ERP. One of the critical success factors for successful implementation of SCM is to develop a performance measurement framework. Previous study, however, shows that there are not appropriate performance measurements for small and medium enterprises. The purpose of this study is to develop a SCM performance measurement for small and medium enterprises. Based on the analysis of previous studies, a performance framework and measurement are developed. A case study has been conducted to validate a framework. The results show that a framework is valid, but needs to be improved. Using a framework, more successful implementation of SCM would be expected.

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Influencing Factors to Increase the Wage Differentials between Large and Subcontracted Small-Medium Enterprises in Korea (위탁대기업과 협력중소기업 간 임금격차 확대 영향요인)

  • Kim, Hye Jeong;Bai, Jin Han;Park, Chang Gui
    • Journal of Labour Economics
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    • v.40 no.1
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    • pp.1-36
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    • 2017
  • This study aimed to analyze influencing factors to increase the wage differential between large enterprise and subcontracted small-medium enterprises by using panel data composed of 19 manufacturing industries for 16 years from 1999 to 2014. According to the results of analysis, in large enterprises the elasticity of substitution between the labor inputs and the subcontracted product supplies from small-medium enterprises was significantly less than 1. So, the increase in wages of workers of large enterprises, whose degree of employment protection was relatively high, seemed to increase the share of wage cost in total cost and was resulted to decrease the cost share of subcontracted product supplies significantly. This was interpreted to be able to exert a negative influence upon the price of subcontracted product supplies and the wages of workers in subcontracted small-medium enterprises, and, therefore, to increase the wage differentials between large enterprises and subcontracted small-medium enterprises. Furthermore, it was also found that the increases in the labor union participation rate at large enterprises and the openness rate of the industry concerned were contributing to make such effects much stronger significantly. In order to mitigate the wage differentials and the polarizing trend in labor market, we can suggest to establish a certain kind of flexible wage system and to introduce co-bargaining practices with the workers of subcontracted small-medium enterprises within large enterprises, and also for the workers of small-medium enterprises, to prepare new social systems to upgrade their human resources and job skills drastically.

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Establishment of Cooperation Evaluation System between Domestic Large Enterprises and Small/Medium-Sized Enterprises for Invigorating Joint Overseas Expansion (해외건설 동반진출 활성화를 위한 해외건설 상호협력 평가제도 구축)

  • Kim, Taehoon;Lim, Hyunsu;Jang, Hyoun-Seung;Yu, Jung-Ho;Cho, Hunhee;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.3
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    • pp.257-269
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    • 2016
  • Joint overseas expansion could contribute domestic large enterprises and small/medium-sized enterprises to expand overseas construction market by complementing each other's vulnerabilities and weaknesses. To invigorate it, not only does mutual effort between both parties matter, but also providing motivation such as institutional incentives and compensations are important for inducing large enterprises to voluntarily expand overseas construction with small/medium-sized enterprises. However, institutional systems exist only to promote win-win growth limited to domestic construction except for overseas construction. Therefore, the purpose of this study is to establish cooperation evaluation system between domestic large enterprises and small/medium-sized enterprises for invigorating joint overseas expansion by evaluating large enterprises cooperation efforts, and offering incentives to some enterprises gaining a good grade. The developed system could contribute to effectively promote win-win growth by providing institutional guidelines. In other words, The government could induce large enterprises cooperation efforts to some parts which small/medium-sized enterprises need, and large enterprises could selectively and intensively support insufficient cooperation part based on the evaluation result.

An Impact Study on Successful Export Strategies: Global Supply Modes

  • Coo, Byung-Mo
    • Journal of Distribution Science
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    • v.16 no.1
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    • pp.59-71
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    • 2018
  • Purpose - Recognizing the importance of small and medium enterprises and venture enterprises for the domestic economy, the purpose of the present study is to select factor termed export modes from among various export success strategies and factors that can help those enterprises secure export competitiveness in the world market to analyze the effects of export modes on the amounts of exports and periods until export after the foundation of those enterprises. Research design, data, and methodology - A structured questionnaire was used as a tool to derive the purpose of the study, and a questionnaire survey was conducted using a mobile survey technique that facilitated the distribution of questionnaire sheets and the collection of results. The main methodology used is crossover analysis, and the regression analysis technique was applied to verify the study results derived, thereby securing the reliability and validity of the final results derived. Results - Small and medium venture enterprises with shorter periods of time until the first export success after establishment adopted direct export modes more frequently, and those enterprises with larger amounts of the first export after establishment adopted direct export modes more frequently. The results of quantitative analysis, indicating that 66.1% of those enterprises with an export amount exceeding one billion won adopted direct export modes, can be said to support the foregoing. The crossover analysis results derived as such were reanalyzed using the PPML regression analysis technique to quantitatively identify that the amounts of the first export of enterprises that adopted direct export modes were larger than those of enterprises that adopted indirect export modes by 120%. Conclusions - The present study implies differentiated values in three aspects. First, the present study investigated and presented the export success factors and strategies of small and medium venture enterprises in a total of 14 countries in the Asian region, European region, North American region, African region, and South American region. Second, it intensively investigated five export modes to identify and verify that they were affecting the export success of small and medium venture enterprises. Third, based on the results of the investigation, the present study presented two marketing implications in the pragmatic aspect.

Application Strategy of Information System to Small and Medium Enterprises (중소기업의 정보화 구축전략)

  • Sin Dong-Ju;Jeong Ho-Yeon
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.501-504
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    • 2004
  • Through the recent innovative development of information technology Enterprises have applied ERP(Enterprise Resource Planning)system to their company for piling up their management system efficiency. At present the range of its application has been expanded to small and medium enterprises gradually since the ERP system was mainly applied to the large companies. Usually the small and medium enterprises have lower understanding for information management system comparatively than for production system and mostly they do not prepare their own efficient information strategies for the future. In this study, as the ERP system can bring the most efficient results in case it is properly applied to the character of their company we will analyze the character of small and medium enterprises and suggest an appropriate and efficient ERP application strategy to their management system.

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A Study on the Mutual Effect between Small & Medium-sized Enterprises and Economic Growth: Evidence from Alibaba Group and City of Hangzhou

  • He, Yugang
    • Asian Journal of Business Environment
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    • v.9 no.2
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    • pp.27-34
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    • 2019
  • Purpose - From the advanced path of development and current situation, the development of enterprises plays a tremendous role in promoting national economic growth and raising the overall national strength. Therefore, this paper aims at examining the mutual effect between small & medium enterprises and economic growth. Research design, data, and methodology - In order to address the operating mutual effect between the small & medium enterprises and economic growth more clearly, this paper sets Alibaba Group and Hangzhou as an example. Meanwhile, the annual data from 2000 to 2017 will be employed, and an empirical analysis will be performed under the vector error correction model. Results - The findings display that the total revenue of Alibaba Group has a positive effect on economic growth in city of Hangzhou. However, the Granger Causality test implies that there is only a unidirectional causality between total revenue of Alibaba Group and economic growth in Hangzhou. More specifically, 1% increase in total revenue of Alibaba Group can result in 0.272% in economic growth of Hangzhou in the long run. Conclusions - In summary, for the long run, the local governments should promulgate a series of policies to assist the small & medium enterprises like Alibaba Group to improve the local economic growth as seen in the city of Hangzhou.

Factors Influencing Successful Implementation of Cloud ERP Solutions at Small and Medium Enterprises in Vietnam

  • CHU, Hai Hong Thi;NGUYEN, Thuy Van
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.239-250
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    • 2022
  • A business's Enterprise Resource Planning (ERP) solution is software that fully integrates the services that businesses require, continuously updates business processes and department operations in real-time, and so aids in the successful management of enterprise resources. Previously, ERP solutions were often deployed for large enterprises, but along with the strong digital transformation process, many small and medium enterprises have been deploying Cloud ERP (CERP) solutions. The objective of the study is to measure the factors affecting the successful implementation of CERP solutions at small and medium enterprises and the impact of successful implementation of CERP solutions on business process re-engineering and enterprise performance. Using a quantitative method based on data collected from 230 small and medium enterprises in Vietnam that have been implementing CERP solutions, the results show that there are 5 factors affecting, which are Organizational ERP Strategic, Top management Commitment, Data Security, Training in ERP Projects, Organizational Culture. Research results also show that Successful implementation of CERP has a direct impact on business process re-engineering and business performance. Based on the results, the study has made a number of policy implications in the successful implementation of CERP towards re-engineering business processes to improve the performance of small and medium enterprises.

The Study of Implementation of ISO 14001 for Small-and-Medium Sized Manufacturing Industries in Taiwan

  • Li Ching-Wen
    • Proceedings of the Korean Society for Quality Management Conference
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    • 1998.11a
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    • pp.353-358
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    • 1998
  • This paper describes the reasons for enterprises to implement the ISO 14001 standard, the definition of a small-and-medium sized enterprise in Taiwan, characteristics of the small-and-medium sized enterprises, the problems faced by the enterprises exporting their products and the implementation of ISO 14001 standard for the small-and-medium sized manufacturing industries in Taiwan.

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Small and Medium Enterprises' External Technology R&D Information Network Diversity and Green Management Performance (중소기업의 외부 기술 연구개발 정보 네트워크의 다양성과 녹색 경영 성과)

  • Hau, Yong Sauk
    • Journal of Digital Convergence
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    • v.15 no.12
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    • pp.187-194
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    • 2017
  • As the environmental pollution and the global warming have become more and more serious, the green management has been growing more and more critical to small and medium enterprises. In order to explore factors positively influencing small and medium enterprises' green management performance, this study presents the two major implications through the ordinary least squares regression based on the 2,200 data from the small and medium enterprises in the Republic of Korea. First, small and medium enterprises' external technology R&D information network diversity positively influences their green management performance from technology R&D. Second, small and medium enterprises' production process improvement is a partial mediator between their external technology R&D information network diversity and green management performance from technology R&D.

Win-win cooperation for the development of small and medium-sized enterprises in food industry (식품산업에서 중소기업의 발전을 위한 상생협력)

  • Noh, Bongsoo
    • Food Science and Industry
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    • v.52 no.4
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    • pp.401-409
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    • 2019
  • The need for win-win cooperation between small and medium-sized enterprises and large corporations is emphasized. For the sustainable growth of a healthy industry, the attractive parts of large companies and the capabilities of small and medium-sized enterprises must be harmonized and shared. It was also examined what items large companies should consider in selecting small and medium-sized enterprises as a partner. In the case of food producers, when considering safety issues, a comprehensive safety system should be established, not just a single factor. And cooperation is expected between small and medium-sized enterprises and other partners with new technologies such as AI, IoT, 3D printers and 5G technology. It is suggested that corporate development can be achieved by various models through win-win cooperation between large companies and small and medium-sized enterprises.