• Korea Trade Review
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• v.47 no.5
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• pp.181-200
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• 2022

After the COVID-19 pandemic, a global economic downturn and a recession in the shipping market are expected, it is important for domestic shipping companies to establish appropriate strategy in response to the recession. Accordingly, domestic shipping companies should grow into integrated logistics companies that combine shipping and logistics in the future. And for this purpose, it is necessary to actively promote logistics integration with external shipping and logistics companies. This paper presents the direction of logistics integration for domestic shipping companies to develop as integrated logistics operators with competitiveness in the global shipping market, and presents detailed alternatives. Domestic shipping companies lack the infrastructure such as ships, port terminals, and warehouses, so they have a weak capacity to independently promote logistics integration. At the shipping company level, a logistics integration promotion strategy should be established, and accordingly, logistics infrastructure, service network, and logistics integration operating system should be established. The government should provide tax benefits for logistics integration, financial support for M&As led by domestic shipping companies, a standardized information sharing system, and preparation of educational courses for nurturing digital manpower.

• Journal of Navigation and Port Research
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• v.37 no.4
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• pp.439-445
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• 2013

Domestic large group logistics company(2nd-party logistics company)has made inroads on large portion of domestic logistics market, whereby the domestic 3rd-party logistics market has been shrinking every year to a level of 30% or so. Global logistics enterprise is steadily increasing 3rd-party global market portion while Local one facing with stagnating growth has very minimal level in the global market share. Fortunately new government strengthening policy change toward local SME and also recent UN's supplying line enlargement to Asia regions are positive factors which make Local SME very positive environments to advance to UN procurement logistics market. On this occasion, the purpose of this paper is to help local logistics company perform successful bidding through study of UN-transportation case and also suggest in SWOT analysis a segmented measure and support policy between Industry, Academia, Government and Institute.

• Journal of Navigation and Port Research
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• v.39 no.2
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• pp.125-130
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• 2015

Korea is worldwide top manufacturer of offshore plant industry, while shown weakness in high-valued offshore plant service industry (OPSI). The governmental support policies and studies for fostering programs are centered on shipbuilding and engineering sector. On the other hand, offshore logistics service sector among the programs is neither included as governmental fostering support sectors nor ever-studied. Domestic shipping and logistics companies have many experience of handling various project, heavy-lift cargo and even super blocks on shipbuilding industry. However they are faced with lack of appropriate heavy carrier and others. So for their successful entering into offshore plant logistics market, systematic preparation, studies and supporting policies are highly recommended.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.52
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• pp.155-170
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• 1999

I think that there are few domestic enterprises that recognize standardization of logistics equipments is necessary, which causes a lot of waste in costs and also reduces their business competitiveness. The purpose of this paper is to make the companies be aware of this situation, to exactly analyze where the Korean logistics equipments status are, and further to provide practical directions of methods and activities for effective standardization. Through analysis in the study, there were some findings, as listed below. First, the standardization level of each company varies depending on its own corporate characteristics. Second, if a company adopted standardization process in logistics equipments, it would accelerate process of work efficiency or productivity. Third, when logistics equipment are standardized, it would boost efficiency in storage utilization. Fourth, the delivery services through this standardized logistics would be implemented at a higher speed than before due to the accelerated flow of materials. According to the above findings, it is confirmed that logistics standardization would greatly affect on business performance positively. For the domestic manufactures to facilitate logistics system more easily, as an easiest way, it is required to build logistics standardization teams and surveys. Then afterwards, to achieve it earlier than expected, the company-wide education and training for workers have to be followed to let them be aware of necessity and inevitability about standardized logistics.

• Journal of Digital Convergence
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• v.14 no.2
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• pp.131-140
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• 2016

Logistics service is a prerequisite for efficient market economy and to support the purchase and consumption by promoting smooth transport goods between economic actors. Especially, logistics activities of the company are the source of essential business activities and competitiveness, which is responsible for the production and distribution of products and services to be delivered to consumers. Domestic logistics companies have to resolve challenges such as petty status and low productivity, inefficiencies in the logistics industry system, limit the growth of third party logistics market according to the growth as 2PL central logistics companies, and absence of global leader in logistics enterprises. This study examines the definition and development of third party logistics and analyzes the domestic third-party logistics market conditions. Based on the former analysis, this paper presented separately the activated measures of domestic third-party logistics by corporate side, the supply side, and the government's policy support.

• Journal of Distribution Science
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• v.13 no.2
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• pp.25-33
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• 2015

Purpose - This study aims to disclose the problems of both the government and the logistics industry regarding fourth-party logistics, and to provide various solutions at the level of enterprises as well as the government for the introduction of fourth-party logistics in China. Research design, data, and methodology - This study aims to reveal how a shipping company recognizes the creation of partnerships with fourth-party logistics providers, and it reveals several related implications. Results - Fourth-party logistics organizations can be used to achieve maximum business performance as professional logistics companies by incorporating the benefits of outsourcing and insourcing. Outsourcing logistics services through focusing on core competencies and improving customer service can have financial effects and advantages such as the simplification of labor issues. Conclusions - This study did not investigate Korean enterprises through an empirical analysis and provided fourth-party logistics concepts and promotional plans according to domestic and foreign literature. Further studies shall investigate not only the Korean fourth-party logistics model but also the training of logistics professionals to generate profits for both shippers as well as logistics enterprises.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.26 no.4
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• pp.56-62
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• 2003

Recently, in order to stay at predominance in the global infinity competition, most of companies have been reducing the cost in many fields of industry First of all, the reduction of the logistics cost have been recognized greatly as the company value rises. But, the current situation of domestic logistics cost is very weak compared with Japan, U.S.A., etc. A rate of logistics cost out of GDP is still high compared with the competitors. The reduction of the transportation cost from overall logistics cost is most urgent subject. One of the methods to make a domestic transportation system efficient is the consolidation. In this paper. we try to compare the consolidated transportation model for a cost reduction with individual case. We also analyze the efficiency of consolidated transportation using simulation program with Arena of System Modeling Company.

• International Commerce and Information Review
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• v.11 no.2
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• pp.83-110
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• 2009

China's logistics industry is an growing one at a very higher rate, owing to the rapid expansion of the country's industrial base and the rise of domestic consumer markets. Essential to the development of china's economy, policy makers have paid constant attention to the logistics sector which is attracting growing volumes of both foreign and domestic investment. The inefficiencies are exacerbated by a number of factors such as transportation bottlenecks, regulatory constraints and local barriers to entry. Foreign and foreign-invested logistics companies have typically cornered the express delivery (for example DHL, FedEX), sea freight forwarding and specialized logistics services (for example Hanjin Shipping). The purpose of this paper is to contribute to the activation of Korean companies' entry into China's logistics market by studying the strategies and types for Korean companies enter into China's logistics Market.

• Journal of the Korea Safety Management & Science
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• v.18 no.4
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• pp.123-130
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• 2016

In global competition composition changing rapidly, domestic industry faces changes and logistics industry, one of service industries, is recognized as an important factor for development of domestic industry and national economy. At this moment, companies must suggest differentiated service, strategies, etc. so as to create and maintain competitive advantages in comparison with other companies. The requirements preannounce big movement of third party logistics market. Therefore, government, logistics industry and academic world have suggested lots of studies so as to vitalized third party logistics market. The purposes of this research are to verify that innovative changes are necessary to be existing in fierce competition of third party logistics market and analyze the effects of third party logistics on logistics outcomes so as to form continuous relations with shipper.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2003.05a
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• pp.281-288
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• 2003

When comparing Korea logistics industry with advanced nations, in size, service scope, network and others, our domestic logistics industry is falling behind, and this problem will deter the efforts of South Korea becoming the logistics hub nation in North-east Asia. This study will focus on current conditions of th foreign and domestic logistics, presents policies and plans which will advance logistics industry in South Korea. The results of this study will promote logistics industry in Korea and attain the aim of being a Logistics Hub nation in North-east Asia.