• Title/Summary/Keyword: cost-competitiveness

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A Study on the Reduction of Logistics Cost in the Paper Industry Using PPS (PPS도입에 의한 "제지업계" 물류비 절감에 대한 연구)

  • 안종윤;강경식
    • Journal of the Korea Safety Management & Science
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    • v.5 no.1
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    • pp.57-67
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    • 2003
  • The logistics cost in Korea is very higher than that of the other countries. Thus, we propose to the way to reduce company's logistics cost in the paper industry. Each company in the paper industry is having its particular sized pallets and using them to manufactured products, store, deliver, retrieve empty pallet and so on. In this reason, the logistics cost is still increasing. As the common introduction of Pallet Pool System to "Paper Industry", the logistics cost could be reduced up to 24% and 1.8 billion won saved approximately, and it possibly attributes to the increase of company profit and the strength of the company competitiveness.itiveness.

An Empirical Study on Clothing Distribution Center to Improve Storage Efficiency : Especially on Hanger Rack Storage According to Distance between Columns (의류 물류센터 보관효율 향상을 위한 실증적 연구 : 행거 랙 보관과 건물기둥 간격을 중심으로)

  • Nam, Hee Dae
    • Journal of the Korea Safety Management & Science
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    • v.21 no.4
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    • pp.75-80
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    • 2019
  • Sales of the Korean clothing industry grew to 16.9 percent on-year in 2010, but the growth rate dropped to 3 percent from 2011 to 2016 and the overall market began to slump to 1.1.6 percent in 2017. The competitiveness of clothing companies is also a major sector in logistics capability, and the average logistics cost of domestic clothing companies is 8.3 percent of sales in 2011, higher than the average 8 percent of domestic industries, and 36.4 percent of the total storage cost in 2011, higher than the 28.8 percent share of the total storage cost of domestic companies. As domestic production conditions such as wage hikes and labor disputes worsened in the 1990s, production facilities were rapidly moved overseas, which led many clothing companies to have no production facilities or a minimal production base in Korea and focus on marketing and design capabilities. The total storage capacity and storage efficiency of the logistics center became very important as the products were changed to the form of mass warehousing and small-volume forwarding. Research shows that building column spacing, a model of this research, can affect the amount of hanger rack storage empirically, so for sustainable growth of clothing companies, it is necessary to improve competitiveness in the logistics market by reducing costs and improving efficiency to overcome difficulties in corporate management. Because logistics costs are 8.3 percent and operating profit to sales ratio is 2 percent, it is expected that operating profit will increase by 41.5 percent if logistics costs are reduced by 10 percent. If 10% of storage cost is saved based on storage cost, operating profit is expected to increase by 15% To strengthen the competitiveness of the clothing industry, a reduction in logistics costs is essential. Therefore, the purpose of this study is to provide hints that logistics experts can have empirically small amounts in reducing storage costs through column spacing adjustment of logistics centers that have not been dealt with statistically until now, and to contribute to the continued growth of clothing companies and the development of the domestic logistics industry.

Production Cost Analysis of Leaf tobacco farm Households (잎담배 재배농가의 생산비 분석)

  • Kim, Jai-Hong;Kang, Il-Tack
    • Korean Journal of Agricultural Science
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    • v.31 no.2
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    • pp.149-160
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    • 2004
  • This study had carried out an analysis of leaf tobacco production cost by cost items, growing stages, and farm sizes per 10a to provide the basic data for determination of the purchasing price of leaf tobacco by KT&G. Considering the survey results of 12 tobacco farm households, the composition rates of production cost by items revealed as 7-10% for land service, 5-22% for depreciation, 13-25% for material costs, 50-65% for labour cost respectively. The production cost of leaf tobacco by growing stages were shown as 15.3% in nursery bed period, 32.3% in main growing period in field, 30.8% in harvesting period and 21.6% in packing period. The magnitude of wage expenditure was appeared as harvesting stage, packing stage, growing stage on main field and nursery bed stage in order. The amount of material costs were revealed as the growing stage in main field, harvesting stage, nursery bed stage and packing stage respectively. The production costs of leaf tobacco per 10a by farm sizes were shown as 1,615,879won for small farm, 1,446,896won for medium farm and 1,454,408won for large farm respectively. The production cost of leaf tobacco had shown decreasing tendency according to increasing farm sizes. To promote the international market competitiveness of leaf tobacco producing farms, labour saving production technologies and cost effective farm size to decrease tobacco production cost should be developed.

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Optimal Containership Size by Way of Total Shipping Cost Analysis (컨테이너선의 총 운항비용 분석을 통한 노선별 최적선형 도출)

  • Kim Tae-Won;Han Yu-Nam;Nam Ki-Chan;Kwak Kyu-Seok
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.245-251
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    • 2004
  • Determination the optimal containership size is the most important factor for competitiveness if shipping companies. Accordingly, the objective if this research is determining the optimal containership size by service routes. Total shipping cost is calculated at the ground if capital cost, vessel operation costs, voyage costs, port charge and miscellaneous cost for 'Europe-Far East', 'Far East-North America' and 'Europe-Far East-North America' Services. Finally, the optimal containership size was utilized through total shipping cost, slot quantity if containership and average throughput by containership.

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A Study of Passenger's Safety Perception on Domestic Low-Cost Carriers (국내 저비용 항공사 이용승객의 안전에 관한 인식 연구)

  • Kim, Yoon-Tae;Shin, Chan-Ho
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.15 no.4
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    • pp.53-63
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    • 2007
  • This paper examines the safety perception of passengers on low cost carriers which has made several accidents and incidents at the early stage of their business. The concept of low cost carrier is becoming more important to airline industry in Korea. This study achieves the first selecting attribute among airline service factors on domestic flights and try to indicate that how much the passengers trust in the safety of low cost carriers. It is also sets the comparative safety awareness between low cost carriers and two full service national carriers in domestic market. The safety perception of aircraft type can be a major factor for LCC choice in Korea due to frequent accidents and incidents for last two years. More than 60% of LCC passengers have increasingly considered the safety after recent accidents. The low cost airlines' images of the passengers showed that the first image of the LCC was the fare and the second image was safety. This study indicates that most of the LCC travelers will use the international low cost airlines when LCC extend their destination to adjacent countries. For the accomplishment of the low cost carriers' competitiveness in domestic market, they have to try to get rid of bad image for safety and pay extra attention to find out better services other than the safety and develop other strategies to compete against existing full service carriers.

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Development of SWRO-PRO hybrid process simulation and cost estimation program (역삼투-압력지연삼투 조합공정 공정모사 및 비용예측 프로그램 개발)

  • Choi, Yongjun;Shin, Yonghyun;Lee, Sangho;Kim, Seung-Hyun
    • Journal of Korean Society of Water and Wastewater
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    • v.30 no.3
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    • pp.299-312
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    • 2016
  • The main objective of this paper is to develop computer simulation program for performance evaluation and cost estimation of a reverse osmosis (RO) and pressure-retarded osmosis (PRO) hybrid process to propose guidelines for its economic competitiveness use in the field. A solution-diffusion model modified with film theory and a simple cost model was applied to the simulation program. Using the simulation program, the effects of various factors, including the Operating conditions, membrane properties, and cost parameters on the RO and RO-PRO hybrid process performance and cost were examined. The simulation results showed that the RO-PRO hybrid process can be economically competitive with the RO process when electricity cost is more than 0.2 $/kWh, the PRO membrane cost is same as RO membrane cost, the power density is more than $8W/m^2$ and PRO recovery is same as 1/(1-RO recovery).

A Study on Interaction of Cause and Effect among Personal Involvement, Satisfaction, Trust, Switching Cost and Loyalty Regarding Casual Dining Restaurant (레스토랑에 대한 소비자의 개인적 관여도와 만족, 신뢰, 전환비용, 충성도의 인과관계 연구)

  • Cho, Woo-Je
    • Journal of the Korean Society of Food Culture
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    • v.24 no.5
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    • pp.496-505
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    • 2009
  • This study was conducted to provide basic data and insight into behaviors that result in increased continuous sales and competitiveness. This was done by examining the effect of personal involvement on customer satisfaction and trust, the effect of customer satisfaction on switching cost and loyalty, the effect of trust on switching cost and loyalty and by analyzing the indirect effect of trust and loyalty to personal involvement on switching cost and loyalty of the patrons of casual dining restaurants. In order to achieve the goals of the study, a hypothesis and structural equation were proposed based on preceding research and the proposed model was analyzed using LISREL 8.30 to prove the hypothesis and better understand the interactions between the cause and effect. The results were as follows: Six proposed hypothesis were chosen and the indirect effect was verified. In other words, customers' personal involvement was shown to have an effect on trust and devotion and satisfaction influenced switching cost and loyalty. Trust had an effect on switching cost and loyalty and by analyzing the indirect effect the customers' personal involvement was shown to affect the switching cost and loyalty through satisfaction and trust. The result of this analysis provides clues to better understand the eating-out behavior of customers and proves that personal involvement, satisfaction, trust, switching cost and loyalty are directly and indirectly related.

A Study on the Current Status and Improvement of International Logistics (국제물류 정보화의 개선책에 관한 연구)

  • 고용기
    • The Journal of Information Technology
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    • v.3 no.3
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    • pp.103-115
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    • 2000
  • The cost of logistics has been highlighted in Korea due to the fact that it has been an obstacle for nation's economic competitiveness. There are a number of logistics information service companies relating to international logistics. The absence of an integration of these VAN services leads to occurring the additional time and cost of operating which the users have to pay for This directly affects the competitiveness of our economy, This study presents the importance of information integration between the VAN service companies. In addition, the schemes for the standardization and connectivity of these services are suggested. This paper analyses the current status of international logistics and suggests the improvement and betterment of the integration.

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The Analysis of Idle Freight Cars in Railway Transportation (철도화차의 공차운행 분석)

  • Kim, Kyoung-Tae;Kwon, Yong-Jang;Kim, Young-Joo
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.1542-1548
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    • 2010
  • Transportation cost takes a major portion on logistics cost. The reduction of transportation cost is a key issue to achieve national competitiveness and logistics cost reduction. And railway must play a important role to shift from road freight transport to environment-friendly transport. There are many idle freight cars in railway freight transportation and they give rise to inefficient operation of freight car. It is well known that the main reason of idle freight cars is unbalanced demand according to direction. In this study, we analysed the current status on idle freight cars in railway at the level of daily data. This results help follow-up research to cut down idle freight cars in railway.

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A Study on the Cost Hierarchical System of Nuclaer Power Plant Construction Project for Introcusting Earned Vaule Management System (성과관리시스템(EVMS) 도입을 위한 원전 건설사업비 관리체계 세분화 방안에 관한 연구)

  • Lee, Sang-Hyun;Kim, Woo-Joong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.230-231
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    • 2019
  • The nuclear power plant construction project is large-scale, has various stakeholders and computer system, and is produced and managed a large amount of information. The domestic nuclear power plant construction project has accumulated data based on many years of experience in the system. It has the competitiveness to suggeest alternatives that meet the requirement of the client in the overseas nuclear power plant project. Earned value management, which integrates schedule and cost, is possible to risk management. It was developed the earned value management system considering the the actual data properties and types of the preceding nuclear power plant construction projects. It will be able to increase the nuclaer power plant export competieiveness. Therefore, it was palned to carry out future stuies so that it be able to complement the measure to integrate cost and schedule in consideration of actual data(quantity of activity, etc.).

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