• Title/Summary/Keyword: Wholesale

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A Study on the Improvement Direction of Trading System by Comparing Fishery Products Wholesale Markets between Korea and Japan (수산물도매시장의 한·일 비교를 통한 거래제도 개선방향 연구)

  • Kang, Jong-Ho
    • The Journal of Fisheries Business Administration
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    • v.51 no.4
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    • pp.137-146
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    • 2020
  • In this study, the differences of institutional development processes of fishery products wholesale markets were compared between Korea and Japan in order to suggest improvement direction of trading system in Korea. The wholesale markets have shrunk while wholesale and distribution has been becoming larger in size in both countries. A summary of differences in the wholesale market trading systems between Korea and Japan is as follows: first, middle wholesalers play pivotal roles in wholesale transaction in Korea, and wholesale corporations take such roles in Japan. Second, most wholesale corporations take charge of listing in Korea whereas such corporations are in charge of buying in Japan. Third, Korea has high proportion of auction for transactions, in contrast to Japan with high proportion of relative transactions. Forth, Korea maintains more sales within the wholesale markers and has more small and medium customers than Japan. Finally, Korea investigates inside causes to find solutions for the decreased competitive power of the wholesale market, whereas Japan copes with the problem by searching for outside customers. To seek solutions for the decreased competitiveness of Korean fishery products wholesale markets, middle wholesalers' consignment should be limitedly allowed, and improvement direction of wholesale corporations should be investigated in the future study.

Seafood Distribution-Structure Change and Government Policies of Japan (일본 수산물 유통구조의 변화와 정책 대응)

  • Lou, Xia-Bo;Song, Jung-Hun;Lee, Eun-Hee;Harada, Sachi-Ko
    • The Journal of Fisheries Business Administration
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    • v.39 no.1
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    • pp.1-16
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    • 2008
  • For the last few years, the wholesale market system in Japan has been experiencing a lot of changes in the related sectors. The greatest changes in the environments surrounding the wholesale market were enlargement of the producers' cooperatives, increase of fisheries products marketed in the outside of the wholesale market system, and management aggravation of the related businessmen, These changes resulted in the revision of the wholesale Market Law in 1999 to cope with the social needs successfully. Recently, fisheries wholesale markets in Japan have a few problems like declining of earning power, weakening of management constitution, etc. Consequently, Japanese government presents policy for enforcing the competition power through reform laws related with fisheries wholesale markets. Also the fisheries wholesale markets have been trying variety and active countermeasures like undertaking, merger, coalition, etc. to overcome the crisis.

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The Effect of Unobservable Efforts on Contractual Efficiency: Wholesale Contract vs. Revenue-Sharing Contract

  • Kang, Sungwook;Yang, Hongsuk
    • Management Science and Financial Engineering
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    • v.19 no.2
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    • pp.1-11
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    • 2013
  • An interesting puzzle in business practices is that although many researchers emphasize the benefits of a revenue-sharing contract, a wholesale contract has remained to be the most common contractual form. By introducing the concept of unobservable efforts, we examine the contractual efficiency of a wholesale contract and a revenue-sharing contract. The multi-task agency model and experimental design approach are used to analyze the relationship between the contractual efficiency and parameters. A major finding of our study is that a wholesale contract coordinates unobservable efforts, while it fails to coordinate the order quantity decision. Because unobservable efforts have mixed effects on the contractual efficiency, the superiority of contract type depends on parameters. This finding implies that a wholesale contract can be a competitive contract, especially when unobservable efforts are heavily involved. Our conclusion is that the current popularity of a wholesale contract is manager's rational response to complex supply chain environments rather than irrational behaviors.

The analysis on the trading system of garlic at the wholesale market (마늘의 도매시장 거래제도 분석)

  • Kim, Soung-Hun;Park, Ji-Eun;Kim, Dae-Soo
    • Korean Journal of Agricultural Science
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    • v.39 no.2
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    • pp.291-297
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    • 2012
  • Garlic is one of the most important seasoning vegetables in Korea. Basically, Korea has two trading systems for garlic at the wholesale market, and academic discussions about this trading system couldn't get the conclusion. The purpose of this paper is to review the marketing structure of garlic and to analyze the trading systems for garlic at the wholesale market through survey analysis. The results of studies present a few findings: First, marketers for garlic show different preferences about the trading systems of garlic at the wholesale market. Especially, the size of volume of trading garlic affects the preference of the trading system. Second, the trading systems have various problems, which are claimed by marketers. These problems need to be improved for the more efficient trading at the wholesale market. Third, the current trading systems for garlic at the wholesale market need to be continued, and they should freely selected by marketers.

Evaluation of the Wholesalers System in the Fishery Products Wholesale Market (수산물도매시장에 있어서 시장도매인 제도 도입의 평가)

  • Jung-Hun Song;Jong-Ho Kang
    • The Journal of Fisheries Business Administration
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    • v.53 no.4
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    • pp.1-13
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    • 2022
  • The introduction of the wholesalers system is being considered from various aspects in order to improve the problems of the listed auction system of wholesale corporations. The wholesalers system is a corporation that receives designation from the creator and purchases or consigns agricultural and fishery products to wholesale or broker sales, and has the advantage of reducing the distribution stage and distribution costs. The purpose of this study is to evaluate the wholesalers system introduced to improve the problems of the listed auction system of wholesale corporations through a case study of market wholesalers handling fishery products.

A Study of Information system Effects on the Trust between Wholesale Market Company and Intermediary Wholesaler in SeaFood Market (수산물 도매시장의 유통정보화가 도매법인과 중도매인 간의 신뢰에 미치는 영향연구)

  • Jang, Young-Soo;Park, Kwang-Ho
    • The Journal of Fisheries Business Administration
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    • v.36 no.2 s.68
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    • pp.1-24
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    • 2005
  • The purpose of the study are summarized as follows : First, it has researched the possibility of the Distribution Information application in Sea Food Wholesale Market. Second, the effects which the Wholesale Market Company and the Intermediary Wholesaler Corporations can obtain in Sea Food Wholesale Market by building up a Distribution Information are classified into the effects of task, cost, and competition. It has analyzed the influence of these effects in direct and indirect Trust between the Wholesale Market Company and the Intermediary Wholesaler. Third, it has recognized the upcoming problems in Sea Food Wholesale Market by building up a Distribution Information, and it has suggested a plan to make the Distribution Information application successful in Sea Food Wholesale Market. This study has used a questionnaire to verify 5 hypotheses. Research model, factor analysis, correlation relationship analysis. The result of this study are summarized as follows : Building up the Distribution Information influences positively on the effectiveness of task, cost and competitiveness regardless of it being the Wholesale Market Company or the Intermediary Wholesaler corporation. However, the results of this analysis are to verify differences according to the degree of construction of the Distribution Information and the degree of the perception of the problems between the Wholesale Market Company and the Intermediary Wholesaler corporations have shown that there were distinct differences in the degree of computerization and of efforts to build a Distribution Information. Also there were distinct differences according to the degree of perceiving problems relating to building up the Distribution Information and the stages of the Distribution Information between the Wholesale Market Company and the Intermediary Wholesaler corporations. This study suggest three important steps that will help to establish a successful Distribution Information. First, the Wholesale Market Company and the Intermediary Wholesaler corporations should make efforts to increase mutual profits in partnership, and make direct Trust by sharing mutual information. Second, the lack of understanding of the Distribution Information between departments within the company requires educating employees about the Distribution Information. It is necessary to expand the communication networks of the Distribution Information between the Wholesale Market Company and the Intermediary Wholesaler. Third, mutual exchange of Information should be possible to offer systematic exchange of Information between the Wholesale Market Company and the Intermediary Wholesaler corporations.

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A study on the MVNO Wholesale Price in Competitive Communication Service Market (경쟁적인 통신서비스 시장에서 MVNO 도매대가 산정에 관한 연구)

  • Sawng, Yeong-Wha;Bae, Khee-Su;Jeon, Heung-Joo
    • Journal of Information Technology Applications and Management
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    • v.19 no.2
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    • pp.217-231
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    • 2012
  • In the past, companies should make enormous facility investment and acquire a right to do business in order to join communication markets, but now they can do business without important facilities, such as communication networks. Such a movement to ease regulations about companies which want to newly join the communication industry is expected not only to change a competition frame of the mobile communication market but also to greatly affect the entire communication industry. Through this study aiming to look into a way to calculate a reasonable wholesale price related to the government's introduction of the Mobile Virtual Network Operator (MVNO) system, I came up with a following result. I applied the operating profit percentage and the ratio of operating gain to cost to the cost plus model and retail minus model, respectively, to calculate the wholesale price and found that when I calculated with the cost plus model applying the operating profit percentage, I could get the highest wholesale price. On the other hand, I got the lowest wholesale price with the retail minus model by applying the operating profit percentage. Division of expenses and calculation of profit percentage are important factors in calculating the wholesale price and such results are expected to help accurate calculation of the MVNO wholesale price.

A STANDARD METHOD FOR JOINTING CAMEL CARCASSES WITH REFERENCE TO THE EFFECT OF SLAUGHTER AGE ON CARCASS CHARACTERISTICS IN NAJDI CAMELS. I. WHOLESALE CUT WEIGHT

  • Abouheif, M.A.;Basmaeil, S.M.;Bakkar, M.N.
    • Asian-Australasian Journal of Animal Sciences
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    • v.3 no.2
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    • pp.97-102
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    • 1990
  • A procedure to standardize camel carcass fabrication is proposed. This includes a definitive method of jointing the carcass into wholesale neck, shoulder, brisket, rib, plate, loin, flank, rump and leg cuts. Carcass cutout data were collected from the right sides of 21 Najdi male camels averaging 8, 16 and 26 months of age in order to determine the influence of age on the weight of each wholesale cut. The weight of body, empty body, hot carcass, cold carcass, hump fat, kidney, pelvic and heart fat (KPH) and each wholesale cut increased (p < .01) with age. Except for percent shrinkage and wholesale rump weight, all studied traits increased (p < .01) linearly as the age increased. This change was most pronounced in wholesale flank and plate cuts, increasing by 4.2 and 3.4 times, respectively, while the rump and shoulder cuts changed the least, increasing by 1.8 and 1.9 times, respectively. Allometric growth coefficients indicated that as the camel grew, the weight of rib, brisket, plate and flank cuts increased relatively more rapidly than did cold carcass or empty body weight and that the weight of wholesale shoulder, neck, leg and rump increased less rapidly than did cold carcass or empty body weight.

The Construction Cycle by Investors and DSM in the Electricity Wholesale Market (일반 투자가에 의한 발전소 건설 Cycle과 DSM)

  • 안남성;김현실
    • Korean System Dynamics Review
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    • v.3 no.1
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    • pp.43-60
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    • 2002
  • This paper describes the forecast of wholesale price in competitive Korean electricity market using the system dynamics approach. The system dynamics concepts have been implemented with the Ithink software. This software facilitates the development of stock and flow model with information feedback. Using this model, the future wholesale electricity price can be computed hour by hour, quarterly, and yearly. This model also gives the energy planner the opportunity to create different scenarios for the future of deregulated wholesale markets in Korea. Also It will lead to increased understanding of competitive wholesale market as a complex, dynamic system. Research results show that the plant construction appeared in waves of boom and bust in Korean electricity market like real estate construction. That is, the Korea wholesale market's new power plants and the market price will appear the Boom and Bust cycle. It is very similar behavior as real estate industry. In case of consideration of DSM program, The DSM savings lead to a somewhat different timing of the booms in construction and of price spikes. But the DSM programs do not eliminated the fundamental dynamics of the boom and bust. And the wholesale price is maintained at the lower level compared to the case of without DSM program. However, the unexpected result is found that due to the lower market price, Investor make significantly less investment in new CCs, which leads to the higher wholesale price after 2010. It suggests that the DSM Policy must be implemented with the dynamics of competitive Electricity Market.

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Purchase Behavior and Satisfaction Levels of Wholesale Discount Store Customers (대형할인매장 이용 소비자의 구매행태 및 만족수준)

  • Kim, In-Sook;Noh, Mi-Hee;Shin, Yu-Kyoung
    • Korean Journal of Human Ecology
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    • v.10 no.4
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    • pp.317-332
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    • 2001
  • The purpose of this study was to find the purchase behavior and satisfaction levels of wholesale discount store customers. Three hundred and eighty housewives who had buying experiences from wholesale discount stores at Gunpo city, Kyeonggi province were selected. The questionnaire survey method was conducted during August 3 to August 9, 2000. The major findings were as follows ; First, the major customers using wholesale discount store were found to be age over thirties and they bought food, such as vegetables and processed food stuffs. They visited wholesale discount store once or twice a week and spent $10{\sim}50$ thousand won each purchasing. Second, most customers evaluated positively wholesale discount store, on the other hand they experienced compulsive buying or had the desire for it. Third, though they visited wholesale discount store because of lower price than other stores, they didn't agree that they were saving money through using wholesale discount store. Forth, housewife-customers' satisfaction level about whole sale discount store was not so high. Among the factors suggested, they were satisfied comparatively with the comfortable counter atmosphere and parking lot, and were dissatisfied comparatively with the long waiting time at cashier.

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