• Title/Summary/Keyword: logistics industry

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A Case Study on the Paradigm Shift to Digital Logistics Platform : The Case of Maersk

  • So Hyung KIM
    • Journal of Distribution Science
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    • v.22 no.4
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    • pp.105-114
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    • 2024
  • Purpose : Due to the uncertainty of the global trade environment and the trade downturn, the shipping industry continues to face challenges. This study aims to investigate in-depth analysis of crisis overcoming strategies through case study of a company that is leader in the shipping and logistics industry. Research Desigh and Methodology : In order to conduct an in-depth analysis, a single case analysis was selected as a qualitative study. For this purpose, various secondary sources were used, and indirect interview data were also used. In this study, Maersk was selected because it has grown from a traditional shipping logistics company to a digital platform company. Results: Maersk has transformed itself into a comprehensive, digital logistics platform with several key strategies to respond to the long-term slump in the shipping industry. First, it leveraged Maersk's diversification and portfolio optimization strategy. Second, Maersk is transforming its logistics and transport processes through digitalization and technological innovation. Conclusion: Maersk, which is responding to the long-term recession facing the shipping industry, looked at how it has leveraged its strengths and explored new opportunities through a number of strategies and changes. This study provides insight into a digital logistics platform that will benefit the other companies as well.

Design of Logistics Information Traceability System Based on Blockchain (블록체인 기반 물류정보 추적시스템 설계)

  • Zhang, Linchao;Hang, Lei;Kim, Dohyeun
    • Proceedings of the Korea Information Processing Society Conference
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    • 2022.05a
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    • pp.244-247
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    • 2022
  • In recent years, the logistics industry has greatly driven the world's economic development. Due to the frequent occurrence of logistics information leakage and forgery, it is necessary to find a solution that can accurately trace the logistics information and ensure the security and authenticity of the logistics information. The birth of blockchain technology has enabled the logistics industry to realize the development from quantitative change to qualitative change. The distributed storage idea, decentralization characteristics, immutable nature, complex encryption algorithm, and other technical characteristics of the blockchain technology make it have a wide range of application prospects in the logistics industry. The purpose of this paper is to apply blockchain technology to the whole chain of logistics information traceability, to indirectly store the corresponding data generated by the logistics circulation link on the blockchain, and to combine the researched consensus algorithm and searchable encryption algorithm to form A set of logistics information traceability system to achieve efficient and accurate traceability of logistics information.

Review of Operating Technological Innovation in the Logistics Industry of Uzbekistan: Opportunities and Challenge (우즈베키스탄 물류산업의 기술혁신운영 현황 고찰: 기회와 도전)

  • Sevara, Karimova;DonHee, Lee
    • Journal of Korea Society of Industrial Information Systems
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    • v.28 no.1
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    • pp.83-94
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    • 2023
  • The study examines the current status of introducing technological innovation in the Uzbekistan logistics industry and proposes opportunities and challenging factors for the logistics industry following the introduction of technological innovation in the future. The analysis results revealed that the information technology used in the Uzbekistan logistics industry following technologies: RFID, barcode, Cool Guardian, tracking system, transport satellite monitoring, digital TIR, and GPS monitoring. In addition, Uzbekistan has recently been increasing investment in advanced information and communication technology not only at the corporate level but also at the governmental level in anticipation of becoming a hub for logistics. Based on these analysis results, the Uzbekistan logistics industry's proposed opportunities and challenging factors can be used as basic information for government policymakers, transportation and logistics companies, and various partners. It can also be used by logistic companies that seek to take advantage of Uzbekistan's strategic location to create a logistics hub in Central Asia.

The Improvement in Korean Inland Transportation System for Reducing Export Logistics Cost (수출물류비(輸出物流費) 절감(節減)을 위한 내륙운송체제(內陸運送體制) 개선방안(改善方案))

  • Lee, Young-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.349-376
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    • 1999
  • The objective of this paper is to identify the problems of Korean inland transportation system and suggest the improvement plan for reducing the export logistics cost. The results are as follows: (1) Expansion of logistics hub facilities : Logistics hub facilities- integrated freight terminal and ICD, etc. can shorten the empty leg and reduce the logistics cost. (2) Design for CVO(Commercial Vehicle Operations) : CVO has various functions that improve the efficiency and effectiveness of freight transportation. (3) Rationalization of freight transportation industry : In particular, the deregulation of the motor freight industry and the privatization of the railway industry induce the competition among their firms and undercut the transportation rates in the long run. (4) Use of third-party logistics : The benefits of TPL are system reliability, improved customer service, and more efficient cost performance.

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The Major Ripple Effects of the Logistics Industry (Using a MRIO(Multi-Regional Input-Output) Analysis) (물류산업의 주요 경제적 파급효과분석 (MRIO를 이용하여))

  • Choe, Yeong-Yun;Kim, Chan-Seong;Park, Min-Cheol;Seong, Hong-Mo;Sin, Seung-Jin
    • Journal of Korean Society of Transportation
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    • v.28 no.1
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    • pp.107-114
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    • 2010
  • This study aims to identify the impact of the logistics industry on the Korean national economy. To do this, we used a MRIO table provided by the Bank of Korea which includes inter and intra regional relationship of the production and consumption for 6 areas - the Seoul Metropolitan, Gangwon, Chungcheong, Jeonra, Gyeongbuk, Gyeongnam area, but an original MRIO table was recomposed of 29 sectors focused on logistics industry for the purpose of this study. we analyzed producing-inducing effects, supply-shortage effects and inter-industry linkage effects based on logistics industry by region and industry. As a result, the logistics industry has more supply-shortage effect rather than production-inducing effect and has a higher ripple effect on the automotive in Gyeongnam area and petrochemical industry in Jeonra area. In particular, the ripple effect of th Metropolitan logistic industry was far smaller than that of other areas, because the Seoul Metropolitan industry was identified as the primary and middle demand industry.

Analysis of Regional Economic Ripple Effects of Port Logistics Industry in Gwangyang City - Focusing on Exogenous Specified Input-Output Model - (광양시 항만물류산업의 지역경제 파급효과 분석 - 외생화 산업연관모형을 중심으로 -)

  • Kim, Min-Seong;Na, Ju-Mong
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.77-95
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    • 2023
  • The regional infrastructure industries of Gwangyang City, the subject of this study, are Gwangyang Port and Gwangyang Steel Mill. Therefore, it is necessary to analyze the regional economic ripple effects of the port logistics industry in Gwangyang City. In this study, a multi-stage approach using the RW and the LQ methodology using the national input-output tables in 2015 and 2019 is used to prepare the regional interindustry analysis chart in Gwangyang City, and an exogenous demand induction model that reclassified the port logistics industry was applied. Through this, the purpose of this study was to provide policy implications by figuring out the regional economic ripple effects of the port logistics industry quantitatively in Gwangyang City. As a result of the analysis, the industries with high production inducement effect and forward/backward linkage effect of the port logistics industry in Gwangyang City were analyzed as manufacturing, transportation, land and air logistics sectors. And the industries in which the added value inducement effect and the employment inducement effect were analyzed as an industry related to the service industry. Therefore, it is necessary to prepare support measures to foster the port logistics industry as a way to promote these industries and revitalize the local economy of Gwangyang City. To this end, it is desirable to improve policies and systems for the vitalization of the Gwangyang port maritime cluster and provide various policy support for the port logistics industry in Gwangyang City. This study is meaningful in suggesting policy implications for the regional economy of Gwangyang City based on the results of exogenous analysis of the port logistics industry in small and medium-sized cities. However, It seems that further studies related to this will be needed in the future.

The Service Quality of the Logistics Outsourcing in the Korean Apparel Industry (국내 의류산업의 물류 아웃소싱 서비스 품질)

  • Yoon, Seo-Jin;Chun, Jong-Suk
    • IE interfaces
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    • v.20 no.3
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    • pp.333-338
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    • 2007
  • As the logistics management becomes more important with the enormous amount of competition at every level of apparel retailing, the Korean apparel companies are expanding logistics outsourcing for providing to consumers better service. This paper studied about apparel logistics service quality, focusing on the transport part. The results of this study showed that the apparel companies evaluated highly their logistics outsourcing service quality that provided from the logistics companies. The logistics companies were providing high quality logistics service to the apparel companies with relatively advanced service infrastructures such as transportation management system and logistics network, as well as improved service abilities such as exact transport and relationship management. Also, it was identified that the satisfaction with apparel transport service quality gave positive influence on recontract intention toward the logistics companies.

An Analysis of the Efficiency of the Global Logistics Industry with Data Envelopment Analysis and a Tobit Model (세계 물류산업의 효율성에 관한 연구)

  • Park, Woo-Ram;Kwon, Oh-Kyoung;Tongzon, Jose
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.41-49
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    • 2008
  • According to the demand for services. a single point contract between a user and provider spreads over the industry, and the relationship between them is a main issue. The user wants to make a deal with the contributor which can provide the effective services to the user. This study is to estimate the efficiency of global logistics industry with Data Envelopment Analysis, by nations from 2001 to 2005. Furthermore, it tries to estimate the inefficiency affected by macro factors, and proves the association between them using Tobit model. Global logistics industry has made growth both externally and internally more than doubled for the last 5years. Technical inefficiency of global logistics industry is more influenced by pure technical inefficiency than inefficiency of scale. Therefore technical efficiency can be increased by decreasing pure technical inefficiency. Through this study, it found that the logistics industry got influenced to its efficiency by high price of oil, and courier and transportation service market is formed stably. Furthermore, it advocates policy planners to consider effectiveness and clearness of policy which influence to inefficiency of logistics industry. Also, it found that labor and financial support can give critical effect.

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.

A Study on the Forecasting of Employment Demand in Kenya Logistics Industry

  • Shin, Yong-John;Kim, Hyun-Duk;Lee, Sung-Yhun;Han, Hee-Jung;Pai, Hoo-Seok
    • Journal of Navigation and Port Research
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    • v.39 no.2
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    • pp.115-123
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    • 2015
  • This study focused on the alternative to estimate the demand of employment in Kenya logistics. First of all, it investigated the importance and necessity of search about the present circumstance of the country's industry. Next, it reviewed respectively the concept and limitation of several previous models for employment, including Bureau of Labor Statistics, USA; ROA, Netherlands; IER (Institute for Employment Research), UK; and IAB, Germany. In regard to the demand forecasting of employers in logistics, it could anticipate more realistically the future demand by the time-lag approach. According to the findings, if value of output record 733,080 KSH million in 2015 and 970,640 in 2020, compared to 655,222 in 2013, demand on wage employment in logistics industry would be reached up to 95,860 in 2015 and 104,329 in 2020, compared to about 89,600 in 2012. To conclude, this study showed the more rational numbers about the demand forecasting of employment than the previous researches and displayed the systematic approach to estimate industry manpower in logistics.