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A Case Study of the Sustainable Practice in Luxury Brands (럭셔리 브랜드의 지속가능 실천 사례에 관한 연구)

  • Soo Min Yoo;Jung Soo Lee
    • Journal of Fashion Business
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    • v.27 no.2
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    • pp.88-107
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    • 2023
  • This study aimed to understand the current status of practice for sustainability in luxury fashion brands. A total of five luxury brands (Louis Vuitton, Hermès, Gucci, Burberry, and Prada) were selected. Each company's official website, sustainability reports, and articles on sustainability practices were compiled. In addition, analysis was performed based on criteria of sustainability such as environmental, social, economical, and cultural dimensions. As a result, the biggest commonality of the five brands was that they promoted the most active change in the environment. These brands tried to reduce energy consumption in materials and production processes. Among them, Burberry, Gucci, and Louis Vuitton had their own departments for sustainability. However, there were differences in strategies of activities between brands for social, economical, and cultural sustainability. Among the five companies, Burberry and Gucci pursued sustainability strategies the most aggressively. They separated their sustainability strategies in terms of environmental, social, economical, and cultural aspects and shared them with consumers. A set of outcomes for the plan were provided as objective data. The sustainable management strategy has become a key strategy for long-term growth of the luxury brand market. To survive in the market, luxury brands should elaborate sustainable management strategies and actively share them with consumers.

Optimal Design of Guide Vane for Improvement of Heat Removal Performance of Electric Vehicles Battery Using Genetic Algorithm (유전 알고리즘을 활용한 전기 자동차 배터리 방열성능 향상을 위한 가이드 베인 최적설계)

  • Song, Ji-Hun;Kim, Youn-Jea
    • Journal of Auto-vehicle Safety Association
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    • v.14 no.1
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    • pp.55-61
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    • 2022
  • Along with global environmental issues, the size of the electric vehicle market has recently skyrocketed. Various efforts have been made to extend mileage, one of the biggest problems of the electric vehicles, and development of batteries with high energy densities has led to exponential growth in mileage and performance. However, proper thermal management is essential because these high-performance batteries are affected by continuous heat generation and can cause fires due to thermal runaway phenomena. Therefore, thermal management of the battery is studied through the optimal design of the guide vanes, while utilizing the existing battery casing to ensure the safety of the electric vehicles. A battery from T-company, one of a manufacturer of the electric vehicles, was used for the research, and the commercial CFD software, ANSYS CFX V20.2, was used for analysis. The guide vanes were derived through optimal design based on a genetic algorithm with flow analysis. The optimized guide vanes show improved heat removal performance.

A Study on the Success Factors of Sinar Mas Group in Indonesia

  • Ruixuan Chen;Yuxue Wang;Myeongcheol Choi;Zuoxin He;Mingsheng Li
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.118-124
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    • 2023
  • With the acceleration of globalization and economic integration, multinational enterprises are becoming more and more important in the international market, and Sinar Mas Group, one of the largest integrated companies in Indonesia, has become one of the most influential overseas Chinese companies in Indonesia due to its outstanding performance and leadership position. This study aims to analyze the success factors of Sinar Mas Group and reveal its competitive advantages in the global market. Founded in 1962, Sinar Mas Group is an integrated multinational company headquartered in Indonesia, with significant presence in various fields such as paper, palm oil, real estate, finance and energy, with operations in Indonesia and many other countries and regions around the world. This study investigates the aspects of corporate history, corporate status, and corporate competitiveness. In addition, this study analyzes the reasons for Sinar Mas Group's success using the SWOT model. By comprehensively analyzing these key factors, this paper provides readers with an insight into the vitality and remarkable achievements of this Indonesian corporate giant in the global market. This study will help Korea enter Indonesia and contribute to Indonesian business research.

Introduction and Activation of ESG Management of Small Manufacturing Companies (소규모 제조기업의 ESG경영 도입 및 활성화방안)

  • Ik-Gu Park;Soo-Yong Park;Dong-Hyung Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.47 no.1
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    • pp.51-59
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    • 2024
  • Recently, ESG management has become a global trend, receiving increasing attention from stakeholders such as consumers, investors, and governments, as regulations related to ESG disclosure and supply chain due diligence have been strengthened since the United Nations Principles of Responsible Investment (UN PRI) was announced in 2006. ESG is an acronym for the environment (E), social (S), and governance (G) and is accepted as a key factor for the continuous survival and growth of a company. As a result, there are over 600 ESG management evaluation indicators operated domestically and internationally, and numerous global initiatives have emerged. Korea's Ministry of Trade, Industry and Energy also announced "K-ESG Guidelines (December 2011)" and "K-ESG Guidelines for Supply Chain Response (December 22)" to help SMEs introduce ESG management and respond to supply chain due diligence. However, small-scale manufacturing companies with poor financial, human resources, and technological capabilities face significant challenges in introducing ESG management. Accordingly, this study aims to examine the current status of ESG management adoption in small-scale manufacturing companies with less than 150 people in Korea and propose activation plan ESG management based on the diagnostic requirements of the "Supply Chain Response K-ESG Guidelines."

Creating Shared Value from Collaborative Logistics Systems: The Cases of ES3 and Flexe

  • Namchul Shin
    • Asia pacific journal of information systems
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    • v.30 no.1
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    • pp.214-228
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    • 2020
  • Shared value enhances the competitiveness of a company while simultaneously reducing societal burdens. By allowing companies to share their resources, collaborative logistics systems provide companies with an opportunity to create shared value, namely, not only economic value by enhancing the utilization of resources, but also social value by reducing energy consumptions and greenhouse gas emissions associated with logistics and transportation. Emerging businesses, such as ES3 and Flexe, have recently demonstrated how they created shared value through collaborative logistics services, for example, ES3's collaborative warehousing and direct-to-store (D2S) program, and Flexe's on-demand warehousing platform. However, the development of collaborative logistics systems is currently at a nascent stage. There are quite a few socio-technical barriers to overcome for sharing resources (data as well as infrastructure). Drawing on the socio-technical approach, this research examines how companies create both economic and social value from collaborative logistics systems. We highlight socio-technical barriers, particularly one set of social barriers, that is, competition-oriented conservatism prevalent among companies. Using the case study methodology and interview data, we closely investigate ES3 and Flexe, which provide collaborative logistics services, and demonstrate how technical and social barriers are addressed to create shared value from collaborative logistics systems.

A Study on Aseismatic Performance of Base Isolation Systems Using Resilient Friction Pot Bearing (탄성마찰포트받침을 적용한 교량의 내진성능에 관한연구)

  • Oh, Ju;Hyeon, Gi Hwan;Park, Yeon Su;Park, Seong-Kyu
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.12 no.1
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    • pp.127-134
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    • 2008
  • For more districted seismic design and attemped multi-bridge continuity, the existing seismic design is difficulted to treat seismic activity. So, many company applied multi-fixed point and damper or isolator, which is effective for decreasing seismic energy, on period shift, decentralization and damping. But, there is hard to design special bridge with adjusted seismic system because of absence seismic device and insufficient design experience. Therefore, the study on behavior characteristics of designed bridge with various seismic device is performed to utilize the result of this for selection of adequate seismic device.

Application of computer methods in music composition using smart nanobeams

  • Ying Shi;Maryam Shokravi;X. Chen
    • Advances in nano research
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    • v.17 no.3
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    • pp.285-291
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    • 2024
  • The paper considers one of the new applications of computer methods in music composition, using smart nanobeams-an integration of advanced computational techniques with new, specially designed materials for enhanced performance capabilities in music composition. The research applies some peculiar properties of smart nanobeams, embedded with piezoelectric materials that modulate and control sound vibrations in real-time. The study is conducted to determine the effects of changes in the length, thickness of nanobeams and the applied voltage on acoustical properties and the tone quality of musical instruments with the help of numerical simulations and optimization algorithms. By means of piezo-elasticity theory, different governing equations of nanobeam systems can be derived, which are solved by the numerical method to predict the dynamic behavior of the system under different conditions. Results show that manipulation of the parameters allows great control over pitch, timbre, and resonance of the instrument; such a system offers new ways in which composers and performers can create music. This research also validates the computational model against available theoretical data, proving the accuracy and possible applications of the former. The work thus marks a large step towards the intersection of music composition with smart material technology, and, when further developed, it would mean that smart nanobeams could revolutionize the process for composing and performing music on these instruments.

On the buckling of smart beams in racket frames for enhancing the player's control using numerical solution and sinusoidal shear deformation theory

  • Liyan Li;Maryam Shokravi;S.S. Wang
    • Steel and Composite Structures
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    • v.52 no.6
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    • pp.657-662
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    • 2024
  • In the present analysis, the buckling behavior of smart beams integrated into racket frames for enhancing player control was examined by numerical solutions and sinusoidal shear deformation theory. The smart beam under consideration is subjected to an external voltage in the thickness direction. The integration of this smart material into the structure of the racket should optimize performance, improving the racket's stability and responsiveness during play. In this, an accurate representation of complex shear effects is made by using a sinusoidal shear deformation theory, while the solution of the resulting governing equations is made by numerical methods. The critical buckling loads and the characteristics of deformation obtained through the analysis provide insight into some design parameters controlling and influencing stability. Obtained results are validated with other published works. The length and thickness of the beam, elastic medium, boundary condition, and influence of external voltages have been represented for buckling load in the structure. These results will help in designing smart racket frames using smart beams to provide more precision and control for the players in an intelligent way.

Economic Assessment of the Battery Energy Storage System with Its Customer Type (수용가 형태에 따른 전지전력저장시스템의 경제성 평가)

  • 손학식;최준호;김재철
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.16 no.2
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    • pp.81-89
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    • 2002
  • The Battery Energy Storage System (BESS) has lots of advantages such as load leveling, quick response emergency power (spinning reserve), frequency and voltage control, improvement of reliability, and deferred generation and transmission construction. However, it is very critical that economic feasibility requires justification from the customer side of meter to promoting the dissemination of BESS in nation widely. In this paper, we proposed the economic assessment model of customer owned BESS which is complemented and improved the existing model. The proposed model is applied to the typical customer types, i.e. light industrial, commercial, and residential, which are taken from the statistical analysis on the load profile survey of Korea Electric Power COmpany (KEPCO). The economic viability performed for each customer load type to justifying their economic feasibility of BESS installation from the economic measures such as payback period, Net Present Worth (NPW), Rate Of Return (ROR). The results show that the BESS has economic benefits to the specific customer type, i.e. residential customer. Therefore, the government and the energy agency should be committing the support program, such as tax incentive, financial support, to disseminate the BESS nation widely. The results of this paper are useful to the customer investment decision-making and the national energy policy & strategy in Korea.

A Study of the Cooling Effect of an Evaporation-Type Cool Roof Fan (기화방열식 Cool Roof Fan의 냉풍효과에 대한 연구)

  • Kim, Yeong Sik;Chung, Hanshik;Jeong, Hyomin;Choi, Soon-Ho
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.40 no.3
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    • pp.191-200
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    • 2016
  • The ventilation effect of a ventilation system, which is classified as the forced ventilation and natural ventilation, is predominantly dependent on the combination of air supply and discharge. Perhaps the simplest ventilation is merely supplying the air as it is. However, to improve the indoor working environment during the summer, an air supply that is cooled to some extent has been widely adopted. Recently, a cooling method utilizing the vaporization of water was introduced. In this study, the performance of an evaporation-type air supply unit that was produced by Japan K-company and was installed in a shoe-manufacturing plant in Busan was investigated. The purpose of the experiment was to measure how much the supplied air could be cooled. From this experimental study, we confirmed that the evaporation-type air supply system is efficient, capable of improving the working environment during the summer while minimizing the energy cost.