• Title/Summary/Keyword: cost-competitiveness

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A Study on the Reduction Effects of Information Search Cost in Electronic Commerce Application (전자상거래 활용에 따른 정보검색비용 절감효과에 관한 연구)

  • 조원길
    • The Journal of Information Technology
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    • v.2 no.2
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    • pp.199-215
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    • 1999
  • A quantitative analysis was conduct on the economic effect of electronic commerce according to the method of constructing the internet. As a consequence, it was information retrieval cost that had the most cost retrenchment effect in connecting the internet by telephone, which saved about 353,700 won. And it was found that the dedicated line to electronic commerce saved 420,600 won of information retrieval cost and a considerable amount of 319,900 won of brokerage expenses and physical distribution expenses. In terms of value, it was found that the telephone line reduced the time of order process by 8.25%, whereas the dedicated line did so by 9.41% and therefore saved more time than the telephone line. It was found that the dedicated line convenient to use had the higher effect by about 1.2%, respectively than the telephone line in terms of the effective construction of corporate image and the increase of potential buyers. In terms of business management, the intensification of corporate competitiveness improved by 10.00% in case of less than 10 times and by 11.53% in case of 50 to less than 50 times. And it was found that the effect of profit increase as the number of inquiries was large. That is, it was found that the effect of profit increase was 10.88% when the number of inquiries was less than 10 times but it increased to 14.00% in case of 50∼1ess than 100 times. The limitation of this study is that because the size of samples through mail, interview and E-mail was not large, its results have some limitation in applying them to every firm. That is, since the improvement effect of the intrafirm business method, unnecessary repeated manual paperwork and the use effect of being able to maintain the close relationship with to the parties to trades in the process of prompt receipt and delivery of documents are long-term and indirect effects, they have some limitation in that they can not be measured as coefficients but only as scales. Thus, firms using electronic commerce have difficulty enjoying a uniformly identical effect. Therefore, to revitalize electronic commerce, it is thought that government, the academic community and the business world all need to make much research into and sustained investment in electronic commerce.

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The Effects of Consumption Value on Satisfaction and Loyalty: Focusing on Chinese Smartphone Users (소비가치가 만족과 충성도에 미치는 영향: 중국 스마트폰 이용고객을 중심으로)

  • Cho, Hyun-Jin
    • Journal of Distribution Science
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    • v.12 no.8
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    • pp.123-132
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    • 2014
  • Purpose - Recently, Korean companies have been struggling to perform well in the larger smartphone market in China, which is regarded as a blue ocean area. First, it is very important to accurately understand the Chinese consumers, who have a different consumption culture and value system from the Korean culture and system. This would help to identify priorities for the Chinese market. Further, considering the smartphone industry, where technological change is rapid, Korean companies will need to take prompt measures about market trends in order to establish strong competitiveness. Consequently, this study focused on analyzing the relationship between the variables of consumption value, satisfaction, and loyalty in the Chinese smartphone market. The principal dimensions of consumption value, which smartphones have, was analyzed, and the influence on satisfaction was identified. Moreover, the relationship among the variables of satisfaction, attitudinal loyalty, and behavioral loyalty was empirically analyzed. Research design, data, and methodology - This study examined the relationships between various consumption values (functional value, emotional value, social value, epistemic value, and economic value), along with satisfaction and loyalty. The data were collected through a questionnaire survey that was circulated to 310 customers who were users of smartphones in Chingdao and Yeontae regions in China. The survey was conducted from June 23 to August 4, 2013. A total of 301 responses to the questionnaires were collected and used for the data analysis. Moreover, a path analysis based on Lisrel 8.54 was used for the hypothesis test. Results - The variables of functional value, emotional value, social value, and epistemic value were revealed to have positive effects on satisfaction related to smartphone usage. However, the variables of monetary cost and psychological cost were not found to have negative effects on satisfaction related to smartphone usage. Moreover, satisfaction positively influenced attitudinal loyalty related to smartphone usage, but did not have a significant influence on behavioral loyalty related to smartphone usage. Specifically, satisfaction is essential, but not a sufficient condition for building behavioral loyalty in relation to smartphone usage. In addition, attitudinal loyalty positively influenced behavioral loyalty in relation to smartphone usage. Conclusions - First, this study shows that functional value, emotional value, social value, and epistemic value in relation to smartphone usage are important for marketing in the Chinese smartphone market. Particularly, functional value and emotional value play pre-eminent roles as regards customer loyalty in the use of smartphones. Second, the results of this study reveal that the variables of monetary cost and psychological cost are not important to the Chinese consumers. Specifically, the smartphone price and cognitive effort are not perceived as value barriers. Third, satisfaction did not guarantee behavioral loyalty in relation to smartphone usage, and the strategic approach for improving the repurchase and referral action in relation to smartphones based on solid attitudinal loyalty would be desirable and should be the focus of the marketing activities of Korean smartphone companies.

A Study on Composition of The Construction Organization in Construction Work in Korea - Focus on Apartment of The Capital Region - (국내 건축공사 시공조직 구성에 관한 연구 - 수도권 공동주택을 중심으로 -)

  • Lee, Kyo-Sun;Kim, Hyun-Seok;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.1
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    • pp.155-160
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    • 2003
  • The Korean economic crisis hit badly the local construction industry, especially during the year of the 1998 when the country took the IMF bailout proframme. Under the poor business environment, such as reduction of construction investment, financial difficulty from high interest rate, and increasing bankruptcies, restructuring measures were repuired for survival of the industry. It is obvious the restructuring process is essential for the future business success. regardless of the financial crisis. With this background, this research aims the contribute to improved construction management structure and strengthened international competitiveness of the industry through the cost reduction and productivity enhancement, by analysising and proposing and optimal level of the manpower structure of construction management organization With the subject of 24 construction fields of apartment houses in the capital region as of January 1, 1999, constructed by OO company having leaded the construction industry of the country so far now, the researcher performed the on the spot survey regarding the organization/manpower structure and construction contract amount.

Analysis of the Behavior of Concrete Track on Earthwork Considering the Increase in Train Speed (열차속도 증가를 고려한 토공상 콘크리트궤도의 거동 분석)

  • Kim, Jeong-Il;Ahn, Suk-Jun;Kwon, Jong-Wook;Kim, Jin-Il
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.3214-3219
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    • 2011
  • HONAM High Speed Railway project is under construction with the target to have 350km/h design speed from Songjeong Gwangju City to Osong. The track for the whole section of the line is scheduled to be a concrete track in order to decrease total life cycle cost (LCC) according to the decrease of track destruction. However, the study on the related parts to increase the train speed up to 400km/h is on going in order to strength the competitiveness of high speed railway. On this study, the stress of track has been analyzed according to the concrete track design method of Eisenmann using equivalent depth theory proposed by Odemark for behavior analysis of concrete track on track bed, which is having embankment deformation characteristics by train load. The behavior analysis of track is performed to analyze the stress of track bed layer and track according to the variation of design load and train speed. And also, the characteristics of concrete track have been figured out by analyzing the parameter according to the thickness of track bed layer.

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Penetration of Korean EPC Companies into International Market for Nuclear Power Plant (플랜트 EPC 기업의 해외 원자력 발전 프로젝트 진출방안)

  • Cho, Chan-Hyoung;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.3
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    • pp.66-73
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    • 2009
  • This study aims to develop a strategy for South Korean companies to penetrate into the global NPP(nuclear power plant) market with their strength as the sixth biggest nuclear power generator in the world. With 20 nuclear plants in commercial operation and 6 more in construction, South Korea has the best technology in construction and operation of NPP. Despite these capabilities as demonstrated on its domestic market, Korean companies' constraint to enter and play a key role in global NPP market would be the lack of experience in overseas NPP projects, original technologies, and diplomatic effectiveness. This study analyzes the competitiveness of Korean standardized nuclear power plant, construction management skills, construction technologies, manufacturing equipment and materials and operation skills. In this research the current status of existing NPP and the forecast of building NPP according to countries was analyzed in order to work out strategies with technology, cost-effectiveness, and diplomatic consideration.

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Study on the Application of Cleaner Production using Life Cycle Assessment in the Can Industry (캔 산업의 전과정평가를 통한 청정생산 적용에 관한 연구)

  • Koo, H.J.;Chung, C.K.
    • Clean Technology
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    • v.8 no.4
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    • pp.205-215
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    • 2002
  • Can industry has grown up with growth of packing industry and its recycling activation in recent years. But profit has became low by oversupply. Therefore, can industry needs a reduction of environmental load and official loss by an optimization of process in order to maintain its competitiveness. In this study, the main issues of aluminium can production was investigated by life cycle assessment. As a result of LCA, it examined closely by main issues that reduce defective cans and remove tramp oil. In the present work, it was recommended that setup of R/O system, sterillizing tramp oil separation, and heating system of DI water. The ROI investigated 6.4 months. The operating cost with the advanced processes could be reduced annually by 300 million won.

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Implementation of Efficient Logistics ERP Systems (효율적인 물류 ERP 시스템 구축 방안)

  • Park, Doo-Jin
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2012.05a
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    • pp.853-854
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    • 2012
  • Recent logistics environment is changing rapidly. A wide variety of customer requirements, IT skills development and the globalization of enterprise management is a major factor. In particular, Logistics cost savings is an important factor in ensuring the competitiveness of enterprises. As a result, companies gain competitive advantage for logistics distributed within the organization to manage resources efficiently integrate ERP enterprise resource management program, a new tool for companies to be competitive, attention was given. In this paper, work orders, purchasing, production management and quality management to provide a systematic and efficient logistics of ERP implementation strategy is proposed.

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Auto Defect Repair Algorithm for LCD Panel Review & Repair Machine (LCD 패널 Review & Repair 장비의 결함수정 자동화 알고리즘)

  • Lee, W.C.;Lim, S.M.;Lee, S.K.;Jeong, S.H.;Hong, S.K.
    • Laser Solutions
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    • v.15 no.1
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    • pp.6-9
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    • 2012
  • In TFT-LCD manufacturing process, various defects are generated by manufacturing machine trouble or particle. These defects can be repaired through the TFT-Laser repair process that only can't be automated in TFT-LCD manufacturing Process. In this Paper, we propose auto defect algorithm for TFT-LCD laser repair machine using image processing algorithm in order to automate process. Proposed algorithm can detect very small defects (< 2um) in 98% success ratio, and generated laser repair path guarantee highly precise position accuracy. Through proposed system, much of the work still done the old-fashioned way, by hand, can be automated and manufacturing company can be strengthed the competitiveness of cost.

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Infrastructure and Leading Commodity Identification on Poverty Alleviation in Buru Regency, Indonesia

  • WAHYUNINGSIH, Tri;MATDOAN, Arsad;SAING, Zubair
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.1205-1214
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    • 2020
  • The poverty level in Buru Regency is still high, despite the relatively stable economic growth. For this reason, the purpose of this study was to (1) Identify the leading commodity in each district in Buru Regency; (2) Analyze the effect of road infrastructure and leading commodities on poverty. The findings show that the most sparsely populated district is Fena Leisela, with mangoes as the leading commodity. Pineapple, langsat, apple rose, cabbages, cashews, coffee, cashew, melon, and watermelon are the leading products in Air Buaya, Batabual, Waplau, Lolong Guba, Lilialy, Waelata, Namlea, Kaiely Bay, and Waeapo, respectively. Additionally, the results also indicate that road infrastructure and leading commodities have a significant effect on poverty alleviation in Buru Regency. It means that improving infrastructure and increasing leading commodities production reduce poverty in the region. Good road infrastructure can promote connectivity between regions so that it can accelerate and expand economic development. The provision of infrastructure that encourages connectivity will reduce transportation costs and logistics costs to increase product competitiveness and accelerate the economic movement. When the road infrastructure in Buru Regency improves and new roads are built, it can improve transportation access, it will reduce the living cost for the poor and increase income, and open up opportunities for the poor to benefit from economic growth.

Design of Flexible DSS Architecture for OTC Derivatives Trading: 'A' Bank Case (장외파생상품거래를 위한 유연한 의사결정지원시스템 아키텍처 설계에 관한 연구: A은행 사례)

  • Lee, Keun-Woo;Yang, Kun-Woo
    • The Journal of Information Systems
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    • v.20 no.1
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    • pp.107-126
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    • 2011
  • Model-based decision support system (DSS) has acted as a crucial role in strengthening the business competitiveness by providing a way of modeling and solving real-world decision problems in a quantitative and scientific manner. It is even more important for trading OTC derivatives, which requires extensive financial-engineering expertise while actively reacting to the continuously changing financial market. This paper proposes a flexible model-based DSS architecture that can support user-friendly interface for executing and analyzing the models and can adapt to the changes of financial market seamlessly. For user-friendliness, we implement the user-interfaces (UIs) using Microsoft Excel, a very widely used spreadsheet program for its great generality and extensibility. Users can utilize the analysis results of DSS or reprocess them for their special needs through the UIs in the form of familiar spreadsheets easily. For adaptiveness to the markets, the proposed architecture is constructed based on the object-oriented concepts, which enables such changes as release of a new financial product can be updated into the system without any delay at the lowest cost. We investigate the practical benefits and limitations of the proposed architecture by a case study on the construction of Model-based Trading Support System (MTSS), performed by a commercial bank in Korea.