• Title/Summary/Keyword: international logistics strategies

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Strategies for Activating the Gwangyang Region as a Logistics City (광양지역의 물류도시 발전 전략의 우선순위에 관한 연구)

  • Kim, Myoung-Gyu;Kim, Hyun-Duk;Park, Doo-Jin
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.727-732
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    • 2013
  • This primary purpose of this study is to suggest strategies for developing the Gwangyagn region as a logistics city. In order to achieve such purpose, the following methodology is used. First, the literature survey on papers, related-organization's homepage, reports and journals related to Gwangyang Bay and Gwangyang port. Second, an pilot survey and field survey for suggesting SWOT analysis are carried out. Finally, questionnaire survey using a AHP analysis technique is distributed and analyzed. The strategies for developing as a logistics city are suggested as followings. First, ST strategy such as the development of the international hinterland logistics center related to the port logistics function is considered as the most important factor and followed by ST strategy, WT strategy and WO strategy. Second, creation of the revenue-creating logistics business model is to be considered as the most important factor and followed by development of the international hinterland logistics center related to the port logistics function, operation of the logistics center, creating high value-added of free trade area etc. For further research, more concrete and empirical study have to be carried out.

A Strategic Plan for the Effective Utilization of the Third Party Logistics (기업경쟁력(企業競爭力) 강화(强化)를 위한 제(第)3자물류(者物流)의 추진전략(推進戰略))

  • Lee, Young-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.13
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    • pp.389-409
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    • 2000
  • Recent demands of market forces are causing considerable attention to be forced on logistics functions and revitalizing interest in outsourcing them. The need to efficiently and economically adjust support to meet market demands is growing significantly. Logistics is playing a role it has never played before. In light of this, outsourcing to third parties has become a strategic issue demanding greater attention in corporate boardrooms. From the perspective of TPL users, this paper focuses on how best to make a strategic plan for the effective utilization of TPL. And the results are as follows : First, after deciding their logistics outsourcing, the companies have to set up the aim of TPL through development of logistical strategies. Second, the companies must decide service provider that fits to their business environment and conditions. Third, they have to conclude a contract with logistics service provider. Fourth, after doing the preparatory implementation they carry into effect the original implementation. Fifth, they use the result of original implementation to fix a partnership.

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A Study on the Standardization of Logistics in KOREA (국가물류표준화의 현황 및 추진방향)

  • 김원연;유재균
    • Proceedings of the KSR Conference
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    • 2002.10a
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    • pp.266-271
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    • 2002
  • The purpose of this paper is to propose the efficient method of structuring the standardization strategies of the logistics in korea. It is necessary to plan the long-short terms policy which can be covered with the various fields in the logistics. Also, It must be composed of the separation of the role and cooperation among the each division. In addition, public relations and education is need to be the standardization of the logistics. Finally, we make effort to change the national standardization to the international standardization.

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A Study of the Overseas Entry Strategies of Freight Forwarders (국제물류주선업의 해외진출 전략에 관한 연구)

  • Kim, Ho-Hwoan;Shin, Yong-John
    • Journal of Korea Port Economic Association
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    • v.31 no.2
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    • pp.69-83
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    • 2015
  • This study proposes effective overseas market entry strategies that could allow Korean logistics companies to develop international capabilities and become global firms by adapting to environmental changes in global logistics. First, it reviews the overseas networks of Korean international freight forwarders and the recent trends in the global logistics market. Then, it surveys the conditions of two groups of freight forwarders, namely partnerships and subsidiaries, which are categorized according to type of entry into foreign markets. These companies' networks are concentrated in East and Southeast Asia regardless of network type. As a result, the ability for partnerships to network is higher than that of subsidiaries. However, subsidiaries are small in number and located in various regions because of their initial stage, which is why their businesses depend on the price competitiveness of the parent company. The satisfaction and performance of subsidiaries are both generally low according to the presented findings. In addition, the successful strategies of international freight forwarders include following operations, specializing their logistics services, building collaborations among small and medium-sized companies, recruiting and training professional human resources in international logistics, and entering markets together with their customers. Overall, this study highlights the importance of measuring and evaluating objectively the level and performance of overseas networking through a survey about the internationalization of Korean freight forwarder companies. To conclude, this study is considered to contribute to raising their global competitiveness by suggesting strategies derived from the survey findings and SWOT analysis.

On the Study of the rationalization of container logistics (컨테이너 물류 합리화를 위한 항만기능강화방안)

  • Lee, C.Y.;Kwak, K.S.
    • Journal of Korean Port Research
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    • v.7 no.2
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    • pp.69-90
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    • 1993
  • Today, the problem of the logistics rationalization has significant meanings as one of the new strategies for improving the power in the international competition. In order to achieve the logistics rationalization, the enhanced recognition to logistics of each enterprise is essential. However, the complete arrangement of the logistics external environment, that is, logistics infrastructure is also one of the most important matters. In this respect, to rationalize the container logistics, this paper deals with the strategies for strengthening the function of Pusan port which is handling the 95% of the export and import container. Some suggestions for those are as follows : First, the coastal container transportation system must be strengthened to dissolute the preponderance of road transportation. Second, a new large port must be developed at Gadeok island to handle the increasing container traffic in the years of 2000. Third, the port authority must be established under the cooperation of the central government and local government to comply with the necessity of the synthetic control for city and port. Fourth, the Inland Clearance Depot in going must be promptly completed to establish the efficient and synthetic container logistics system.

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Business and Logistics Strategies of Global Logistics Firms Responding to the Changing Logistics Environment in China

  • Jun, Il-Soo
    • Journal of Korea Port Economic Association
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    • v.21 no.3
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    • pp.191-217
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    • 2005
  • Ninety percent of an average Chinese manufacturer's time spent is on logistics. Therefore, logistics presents the greatest challenge for multinational companies conducting businesses in China. Although more than 18,000 registered logistics companies exist in China, 85 percent of their revenues are generated from basic trucking and storage services. These facts indicate that China will need increasing presence of high-quality foreign 3PL providers, who are able to provide sophisticated IT systems, industry/operational expertise, standardized operating processes, and international networks, compared to their Chinese counterparts. However, they are facing complicated array of laws and regulations as well as difficulty of finding qualified people to fulfill these needs. There are a number of foreign 3PL providers engaged in China's logistics sector to reap a huge opportunity. Nevertheless, many 3PL foreign providers are still cautious about making large investments. Thus they arelooking for alliances that can provide complementarities instead. Another salient feature of strategy is to take over the transportation assets and warehousing of major Chinese manufacturers and distributors.

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An Economic Analysis And Strategies of Korean Railway Industry Through The East Siberia Energy Development (동부 시베리아 에너지 개발에 대한 국내 철도 산업의 경제성 분석과 진출 방안 연구 - 동부 시베리아 철도 주변 지역을 중심)

  • Jang Dong-Myoung;Song Choon-Kun;Kim Bong-Taek
    • Proceedings of the KSR Conference
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    • 2005.05a
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    • pp.1132-1137
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    • 2005
  • Trans-Siberian Railway (TSR) has been recently rising to the surface as the world important issue with Trans-Korea Railway (TKR). This can change transportation means from sea to railway and enhance Korean international position through the North-east Asian economic cooperaton with Russia. In particular, when 'Iron Silkroad' linking TKR is created, it can revitalize the underdeveloped East Russia and Far East's economies and Korean railway can play a key role as the North-east Asian logistics center and exerts a powerful influence on them. In addition, Korean railway expects to obtain economic benefits accruing to various value-added businesses such as IT, tourism, especially, transportation business from the East Siberia, the world largest reserves of energy to Korea. This study tries to find economic value analysis and guidelines on strategies of Korean railway with international logistics base built in Khassan (Vladivostok contiguity region) through the development of energy deposited around east of TSR.

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A Study on Change of Logistics Environment in Northeast Asia and Logistics Hub Strategy of China

  • Oh, Moon-Kap
    • Journal of Distribution Science
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    • v.14 no.1
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    • pp.59-66
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    • 2016
  • Purpose - The purpose of this study is to find out how shipping company recognizes making partnership with the third party logistics provider and to give implication. Research design, data and methodology - Personal interview and questionnaire by E-mail, Fax, Mail, and telephone were used. 700 copies of the questionnaires were distributed and 155 copied were returned. Among collected questionnaires, 20 copies were excluded because of insufficient content, and therefore 135 copies were used. Results - Korea should change into new paradigm from old one based on current economic and social systems which has stemmed from bureaucracy, inflexibility chauvinism and equalitarianism. Flexible policies, administration and systems will be needed for better business practices. The Domestic logistics corporation needs to preoccupy strategic logistics hub and network. Conclusions - To be a center of North East Logistics, Korea needs more reasonable business law, systems and policies. Social norms and orders should be established to accomplish political and social security. A paradigm of the policy ruling over development of capital city and satellite cities shall make change.

The Data Envelopment Analysis of Global Logistics provider (글로벌물류기업의 효율성 분석)

  • Park, Hong-Gyun
    • Journal of Korea Port Economic Association
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    • v.26 no.2
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    • pp.19-35
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    • 2010
  • The purpose of this paper is to develop a benchmark of performance standards for Global Logistics Provider in the merging logistics market. The Data Envelopment Analysis (DEA) can be employed to compare and analyse the efficiencies of Global Logistics Provider(3PL, 4PL). That is because Global Logistics Providers are able to reach the highest level of efficiency by using Logistics institutions and Logistics service systematically. This research is focused on analyzing the efficiencies of top 40 Global Logistics Providers. The framework assumes that the Providers use three inputs to produce one output. The inputs include number of employees information system, and number of warehouses. The output is the annual turnover. The results show that Panalpina, C.H. Robinson Worldwide, Maersk Logistics/Damco, Hub Group, Lander Global Logistics on Global Logistics Providers are the efficient providers. This paper also allows the inefficient DMUs to establish their benchmarking strategies. The strategies are dependent on the assets such as number of employees, information system, and number of warehouses.

The activation plans of the third party logistics for e-Business (전자상거래시대의 제3자 물류 활성화 방안)

  • Lee, Shin-Kyuo
    • The Journal of Information Technology
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    • v.7 no.3
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    • pp.63-81
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    • 2004
  • The third party logistics(3PL) is generally understood as the logistics activities providing a comprehensive logistics services, all or partly outsourced by the customers on a larger term contract basis, ranging from making logistics strategies to implementing information technology services. A lot of companies in advanced countries such as the U.S.A. or some of the European countries have actively outsourced to logistics service providers in efforts to increase the efficiencies in logistics operation rather than doing themselves. In light of these environments, outsourcing to third parties has become a strategic issue demanding greater attention in corporate boardrooms. First, after deciding their logistics outsourcing, the companies have to set up their aims of 3PL through the development of logistical strategies. Second, the companies must decide service provider that fits to their business environment and conditions. As it is reported that 3PL services will bring a high rate of return and its potential will be more signigicant, providers and users of 3PL services and government ministry should prepare the way of improvement of logistics institution and plan to activate 3PL services to reach the advanced foreign countries level.

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