• Proceedings of the Safety Management and Science Conference
• /
• 2005.11a
• /
• pp.1-9
• /
• 2005

Along with the increasing trade volume among Korea, China, and Japan, firm and efficient logistics management through mutual co-operation Is being highly requested. In order to achieve logistics efficiency, logistics standardization should precede. Using standardized pallet is the core of logistics standardization which is closely connected to the unit load system and palletization. This study focuses on pallet standardization in three countries which are Korea, China, and Japan. The dramatic effect from pallet standardization Is expected in economy / international trade field and logistics / environment field. This study suggests an institute of Asian logistics standardization as a method to accomplish the logistics standardization among three countries. When these three countries overcome the disparity in standardization level and diverse concerns, we will finally attain efficient logistics system which will work as a 'highway' of North-East Asian logistics.

• Journal of Korea Port Economic Association
• /
• v.35 no.1
• /
• pp.77-96
• /
• 2019

Logistics and transportation are increasingly playing a crucial role in international trade relations. Logistics services provide sectoral connections within the local economy. The efficient logistics services facilitate the flow of products; besides ensuring safety and speed of movement, they can reduce the cost of cross-border trade. The Logistics Performance Index (LPI) evaluates the efficiency of customs, quality of transportation service, and infrastructure for overland and maritime transport in each country it covers. The objective of this article is to analyze the impact of the various LPI indicators of Korea's trading partners. The impact of LPI on trade varies according to the income level of the trading partners. The results show that an improvement in any of the components of the LPI can lead to significant growth in a country's trade flow. Exports to Korea will increase as the LPI of the trading partner country is higher. This index has a greater impact on the exports of low-income countries.

• Journal of the Korean Operations Research and Management Science Society
• /
• v.12 no.1
• /
• pp.95-95
• /
• 1987

The purpose of this research is to suggest a desirable framework to promote EDI system in the Korean trade and transportation industries. First, this thesis reviews the trend of introduction of EDI systems in foreign countries and investigates their characteristics by examining some cases. Then the problems, which the Korean industries would be confronted with during the course of introduction of EDI system, are identified and discussed. Finally, this thesis suggests that the logistics network should be developed as a main system of EDI to which sub-networks of trade and custom service are linked. This leading role of logistics metwork is necessary to the EDI system because logistics tasks for international movement of goods are expected to increase while tasks related to trade and custom services will decrease in view of recent changes in the world trade environments warning the unbounded competition in the global marketplace without border.

• Korean Management Science Review
• /
• v.12 no.1
• /
• pp.95-109
• /
• 1995

The purpose of this research is to suggest a desirable framework to promote EDI system in the Korean trade and transportation industries. First, this thesis reviews the trend of introduction of EDI systems in foreign countries and investigates their characteristics by examining some cases. Then the problems, which the Korean industries would be confronted with during the course of introduction of EDI system, are identified and discussed. Finally, this thesis suggests that the logistics network should be developed as a main system of EDI to which sub-networks of trade and custom service are linked. This leading role of logistics metwork is necessary to the EDI system because logistics tasks for international movement of goods are expected to increase while tasks related to trade and custom services will decrease in view of recent changes in the world trade environments warning the unbounded competition in the global marketplace without border.

• International Commerce and Information Review
• /
• v.8 no.2
• /
• pp.119-139
• /
• 2006

The purpose of this research is to analyze four models of global e-trade implementation which was suggested at the advance research of implementation global e-Trade with major trading countries. The main outcomes of this empirical study are as follows. For realizing global e-trade of G-Networking model country we have to implement e-trade in the field of "import & logistics". And for realizing global e-trade of P-Networking model country, it need to try in "settlement & clearance". Furthermore, for realizing global e-Trade of G-Penetration model country, we have known that the field of "import & logistics" would be implemented. Finally for realizing global e-Trade of P-Penetration model country, "settlement & clearance" could be implemented. Also, this study suggests that we have to do negotiation with China and Japan at first, and to try the area of settlement & clearance to implement the global e-Trade with Korea's 10 major trading countries.

• Journal of Korea Trade
• /
• v.25 no.1
• /
• pp.152-168
• /
• 2021

Purpose - This paper has an objective to suggest reasonable criteria in choosing Incoterms 2020 rules for efficient and effective logistics management in that the Incoterms rules affect not only the rights and obligations of the parties to the sales contract but also the control and management of logistics system and transaction costs in the transaction. Design/methodology - An analysis of the various factors is needed to assess the positive or negative impact on global value chain in choosing Incoterms rules from a total logistics view. This study analyzes the impact of which the content of individual incoterms rules can have on the operation of international logistics systems under the global value chain from a strategic perspective to suggest reasonable criteria for selection of Incoterms rules depending on the transaction situation. Findings - Results of this study shows that consideration of various aspects which includes the characteristics of the products, logistics capabilities, infrastructure, transaction volume, operational cost, customs regulations, tax and accounting should be reflected in choosing the appropriate Incoterms rules. Therefore, in order to minimize the total cost and improve logistics performance, it may be helpful to develop a decision support model which allows users to select appropriate Incoterms rules based on various influencing factors. Originality/value - This Study is different from previous research which has mainly focused on the rights and obligations of the parties to the transaction regarding the transfer of risks and costs under the Incoterms. In addition, this study has significance in that it provides implications for export and import companies that can be able to use Incoterms as a strategic tool to efficiently manage the global value chain and improve supply chain performance.

• Journal of Distribution Science
• /
• v.17 no.11
• /
• pp.35-45
• /
• 2019

Purpose: The purpose of this study is to suggest strategic implications about empirical analysis with mediation effects of corporate image in terms of that relations between logistics culture safety, safety compliance and logistics performance of logistics companies. Research design, data and methodology: The structure and method of this research is organized with, first establishing hypothesis and research model based on previous study related to safety culture, safety compliance, corporate image, logistics safety and logistics performance, which has been carried out survey questionnaire to those who got involved in logistics businesses. Results: It is well justified that safety culture and safety compliance have significantly influenced to logistics performance as well as corporate images that is also revealed to have positive impact to logistics performance. With results verifying into mediation effects of corporate image, it is found that corporate image has partial mediation effects between logistics safety culture and logistics performance, and corporate image has full mediation effects between logistics safety compliance and logistics performance. Conclusions: In conclusion, it is strongly asked to make an aggressive efforts to safety compliance with necessity for spread of safety culture in level of enterprise. Planning the strategy and its implementation is required to secure safety in logistics process because both logistics performance and corporate image has positive influences by logistics safety.

• Korea Trade Review
• /
• v.47 no.1
• /
• pp.13-24
• /
• 2022

This study was conducted because the global economic downturn caused by COVID-19 caused a surge in logistics costs and it was no longer possible to predict logistics costs using existing methods. For this study, we made the assumption that economic indicators affect logistics cost. Chapter 2 examines the current status of the liner market and factors affecting logistics costs. Based on this, Chapter 3 collects independent and dependent variables to determine the analysis model. As the independent variable, economic indicators of major countries constituting the SCFI were selected, and the dependent variables were the SCFI Europe Index and the SCFI USA Index. In Chapter 4, a panel analysis was conducted based on this, and it was confirmed that major economic indicators had a negative (-) effect on SCFI. This is contrary to the existing research results, which can be attributed to the special situation caused by COVID-19 and the imbalance of demand and supply by region. The results of this study are meaningful in that they can predict long-term logistics cost volatility without analyzing supply and demand, and can be applied to other studies as well.

• Journal of Distribution Science
• /
• v.22 no.4
• /
• pp.105-114
• /
• 2024

Purpose : Due to the uncertainty of the global trade environment and the trade downturn, the shipping industry continues to face challenges. This study aims to investigate in-depth analysis of crisis overcoming strategies through case study of a company that is leader in the shipping and logistics industry. Research Desigh and Methodology : In order to conduct an in-depth analysis, a single case analysis was selected as a qualitative study. For this purpose, various secondary sources were used, and indirect interview data were also used. In this study, Maersk was selected because it has grown from a traditional shipping logistics company to a digital platform company. Results: Maersk has transformed itself into a comprehensive, digital logistics platform with several key strategies to respond to the long-term slump in the shipping industry. First, it leveraged Maersk's diversification and portfolio optimization strategy. Second, Maersk is transforming its logistics and transport processes through digitalization and technological innovation. Conclusion: Maersk, which is responding to the long-term recession facing the shipping industry, looked at how it has leveraged its strengths and explored new opportunities through a number of strategies and changes. This study provides insight into a digital logistics platform that will benefit the other companies as well.

• Proceedings of the Safety Management and Science Conference
• /
• 2007.11a
• /
• pp.373-385
• /
• 2007

Three major Asian countries, Korea, China, and Japan, shared 18.3% of global GDP and 14.2% of global trade volume in 2005. When considering this number, cooperation of these three countries is very important. Also, it is needless to say that we need efficient international logistics system in Asia. The key point to realize efficient international logistics system is unit load system utilizing pallets and containers. To build up efficient logistics system among Korea, China, and Japan, we need 'total palletization' with standardized pallets. We may regard 'total palletization' as an 'efficient highway of North-Eastern Asia logistics.' In this study, we will suggest two kinds of effects, which logistics standardization among Korea, China, and Japan will make. One is the effect on economy and trade, and the other is the effect on logistics business and environments.