• Title/Summary/Keyword: logistics cost

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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.

Intelligent Allocation of Transporting Resources in Logistics using Genetic Algorithm (유전자 알고리즘을 이용한 물류에서의 지능적 운송 자원 할당)

  • Kim, Ju-Won;Cha, Yeong-Pil;Jeong, Mu-Yeong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.23-26
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    • 2004
  • Recently, most of countries in the world are investing huge amount of capital for the infrastructure of logistics and trying to gain dominating position in logistics. To play the role of important hub in logistics, an efficient, flexible, and fault-tolerant transportation process should be developed. Minimization of transportation cost and timely deliveries in the unpredictable environment are a few of the important issues in logistics. This study suggests a way of transporting goods to destinations at the minimal cost and with the minimal delay by optimally allocating transporting resources. Various attributes in transportation such as due date, priority etc. are also considered. Appropriate transporting resources for each work item is selected by calculating the weighted sum of the cost factor and the delay factor assuming that initial sequences of work items are given. A policy to reallocate transporting resources is also suggested when work items or transporting resources are added or deleted because of accidents or disturbances. This policy provides adaptability to the allocation methodology which enables the system to cope with changing environment by controlling various attributes in transportation. Genetic algorithm is used for this approach.

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A Study on Logistics Cost Analysis for Autonomous Cargo Truck (무인화물차의 물류비용 분석에 관한 연구)

  • Kim, Hwan-Seong;Park, Jin-Soon;Jo, Min-Ji
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.207-208
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    • 2016
  • By according to increase the research for autonomous vehicle in automobile industries, the efficient of autonomous cargo truck instead of conventional driver cargo truck will be analyzed in logistics areas. The inland transportation has been serious problem such as traffic accident, traffic congestion in downtown, air pollution, noise and etc. even if it have a great effect to logistics industries. Especially there have to be improved its transportation schedule and sleepy driving in night which induced heavy accident in highway. In this study, the effectiveness of autonomous cargo truck will be analysed by considering the logistics cost including social effects.

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Optimal Preventive Maintenance Period in Complex Systems in Considering Components Reliability Characteristic (하부 구성품의 신뢰도 특성을 고려한 복합 시스템의 최적 예방정비 주기 산출)

  • Lee, Youn-Ho;Lee, Ik-Do;Lee, Dong-Woo;Sohn, Ki-Hong
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.4
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    • pp.390-399
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    • 2011
  • Generally the life-cycle cost of complex systems composed of several sub systems or equipments such as train, aircraft weapon systems is spent much more during operation and maintenance phase than development phase. The maintenance cost for maintaining the availability and extending the life span of systems comprise a large proportion of systems operation cost. The cycle of preventive maintenance affects operation and maintenance cost a lot. In this study we introduce a way minimizing life-cycle cost of systems by calculating more reliable preventive maintenance period than the results of previous study using systems reliability data considered the reliability and failure effect ratio of sub-systems or components. We can solve the preventive maintenance period problem known as NP-Hard as quick as possible by using modified genetic algorithm than using other models introduced in previous study.

Empirical Analysis of Shipper Requirement for E-logistics : The Case of International Shipping (E-logistics에 있어서 화주의 평가체계에 관한 실증적 연구 : 국제 해운분야를 중심으로)

  • Cho, Chan-Hyouk;Strohmaier, James G.
    • Journal of Korea Port Economic Association
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    • v.20 no.2
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    • pp.217-234
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    • 2004
  • Information technology has been transforming the relationship between shippers and carriers, but an unresolved question remains: what is the relative importance to shippers of service versus cost benefits of e-logistics solutions? This research develops and empirically tests a model to determine how Internet-based logistical operations in international shipping impact on the relative importance of cost versus service benefits to shippers. Contrary to expectations, results show that shippers perceived cost benefits from well-designed web sites, undoubtedly a consequence of perceptions that multi-function portals with ease of access contributed to savings in time and money. Another result was the confirmation of the positive effects of cargo tracing and bill of lading issuance on service-related factors. Finally, this study draws attention to the need for improvements in on-line booking capabilities and development of a comprehensive common portal; issues that must be addressed for shipping lines to succeed in an increasingly competitive e-logistics market.

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Development of RFID-PPS(Radio Frequency Identification-Pallet Pool System) for Efficiency Pallet Management (효율적인 파렛트 관리를 위한 RFID-PPS(Radio Frequency Indentificaitonl-Pallet Pool System)개발)

  • 안종윤;양광모;진향찬;강경식
    • Journal of the Korea Safety Management & Science
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    • v.6 no.2
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    • pp.155-165
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    • 2004
  • It is needed to develop on-line real time management and RFID-PPS(Radio Frequency Identification-Pallet Pool System) by putting information technology. Additionally, it is possible to figure out the flow of all the materials loaded on the RFID pallet; product, material, raw material immediately, so that epoch-making management is possible and it contributes to the reduction of logistics cost because there are little loss or outflow of pallet. The materials flow is getting speedy and inventory is decreasing in the logistics process, and also bad inventory and loss problems are prevented. As a result, not only logistics cost of company but also national logistics cost is decreased. Thus it contributes to the strength of national competitiveness.

The Impact of Import Oil Price Increase on the Cost Structure of the Korean Logistics Industry (수입원유가격의 상승이 국내 물류산업의 비용구조에 미치는 영향분석)

  • Yoon, Jae-Ho;Park, Myong-Sup
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.41
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    • pp.169-183
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    • 2009
  • This study has been conducted under the background of the high rocketed international oil price in the mid of the 2008 year. Korean logistics industry then suffered from a harsh labor strike which paralyzed temporarily Korean exports and imports activities mainly due to the rising motor fuel prices. The theme of this study started from the highly practical question: what would be the impact of the soaring crude oil price on the cost structure of the Korean logistics industry? For this practical question this study conducted an input-output analysis utilizing the 2003 year benchmark input-output table, published by the Bank of Korea in 2007.

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A Case Study on RFID-PPS(Radio Frequency IDentification-Pallet Pool System) (RFID-PPS (Radio Frequency IDentification-Pallet Pool System) 사례연구)

  • 안종윤;양광모;진향찬;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2004.05a
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    • pp.303-307
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    • 2004
  • Is not used by consistency transport at transport of freight nothing but is using Pallet only by pedestal when work palletized unit load or materials handling when keep simplicity receptacle which fill raw material or product in factory in our country. Therefore, pallet that is most important function of Pallet is not empled circulation to end consumer from manufacturing plant which is circulation process whole path being done and factory. It is real condition stopping only in extremely determinate part process use of warehouse back. Additionally, it is possible to figure out the flow of all the materials loaded on the RFID pallet; product, material, raw material immediately, so that epoch-making management is possible and it contributes to the reduction of logistics cost because there are little loss or outflow of pallet. The materials flow is getting speedy and inventory is decreasing in the logistics process, and also bad inventory and loss problems are prevented. As a result, not only logistics cost of company but also national logistics cost is decreased. Thus it contributes to the strength of national competitiveness.

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Development and Performance Evaluation of a Car Assignment and Routing Algorithm for Reducing Transportation Cost in a Logistics System (물류시스템에서 운송비를 줄이기 위한 차량 할당 및 경로 설정 알고리즘 개발 및 성능평가)

  • 조병헌
    • Journal of the Korea Society for Simulation
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    • v.8 no.3
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    • pp.91-103
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    • 1999
  • This paper proposes an algorithm which reduces transportation cost while goods are delivered in time in a logistics system. The logistics system assumed in this paper is the system in which multiple cars moves various goods from spatially distributed warehouses to stores. For reducing transportation cost, the car assignment algorithm which allocates goods to minimal cars employs the BF method; routing of each car is modelled as the TSP and is solved by using the genetic algorithm. For evaluating the proposed algorithm, the logistics system is modelled and simulated by using the DEVS formalism. The DEVS formalism specifies discrete event systems in a hierarchical, modular manner. During simulation, each car is modelled as a message and traverses warehouse and stores. When a car arrives at a warehouse or a store, predetermined amount of goods are loaded or unloaded. The arrival time and departure time of cars are analyzed and eventually whether goods are delivered in the desired time bound is verified.

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Analysis of Logistics Effects in Enterprises by the Medium of Standardization of Packing Containers (포장용기 표준화를 통한 기업 내(內) 물류효과 분석)

  • Won, You-Jon;Kim, Jin-Ho;Kim, Dong-Kyu
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.193-203
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    • 2012
  • In the limitless competition era of the 21st century, cost reduction is being highlighted as one of survival strategies of businesses. The first item for cost reduction of businesses is logistical costs. The most keenly required thing for this is to remove unnecessary elements, and the best way to realize it to cut down processes using automatic facilities. Packing container in logistics is like a facility. This study is intended to analyze reduction of costs, improvement of business process and reduction of working force through standardization of standardization, and logistics effects through improvement of environmental images in enterprises.