• Title/Summary/Keyword: manufacturing sector

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An Study on FDI Determinants by Foreign-Invested Companies in the Manufacturing Sector Based on Their Sales Path (제조업 외국인투자기업의 매출 경로에 근거한 한국 투자 결정 요인 분석)

  • Yung-sun Lee;Ho-Sang Shin
    • Korea Trade Review
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    • v.45 no.2
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    • pp.51-65
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    • 2020
  • According to an analysis of 560 foreign-invested companies investing in South Korea's manufacturing industry, the following three facts were found. First, the proportion of sales by manufacturing foreign-invested companies is divided into 68.5 percent of domestic sales and 31.5 percent of exports. From 68.5 percent of domestic sales, sales to Korean companies are 60.5 percent, including 37.1 percent for large companies and 23.4 percent for small and medium-sized companies, while only 8.0 percent for domestic consumers. Second, the investment sectors of manufacturing foreign-invested enterprises are 'machine and equipment manufacturing', 'chemical and chemical-chemical material manufacturing-excluding pharmaceuticals', 'electronic components, computers, video, sound and communication equipment manufacturing' and 'vehicle and trailer manufacturing'. It overlaps with electric·electronics, petro-chemicals and automobiles, which are Korea's main industries and areas of Korean global companies. Third, 31.5 percent of the sales of foreign-invested companies in the manufacturing sector are exported. Foreign-invested companies export their products to use them for their parents or affiliates or to the third countries. The analysis shows that foreign-invested companies invested in Korea for B2B transactions with Korean companies. The implications are that Korea can attract foreign investments by utilizing Korean companies' demand for intermediate goods. Foreign-invested companies can invest in Korea in order to use Korea, which has signed free trade agreements with the US, the EU and ASEAN, as an export platform.

A Literature Review on Information Visualization of Manufacturing Industry Sector (제조업 분야의 정보시각화 문헌연구)

  • Chang, Tai-Woo
    • The Journal of Society for e-Business Studies
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    • v.21 no.1
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    • pp.91-104
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    • 2016
  • Business intelligence based on the data analysis come into the spotlight. Especially, information visualization of the analysis result is treated significantly. given the interest in big data technologies. Because corporate managers want to use the results of data analysis in the decision-making process and the visualization technology will give help with cognitive function and operation function. In this paper, the status of information visualization is reviewed and analyzed from the viewpoint of manufacturing service. Several implications are drawn and it is expected that they will help to developers and administrators of manufacturing sector who want to adopt information visualization applications.

A Strategic Classification of Advanced Manufacturing Technologies based on a Hierarchical Approach (첨단생산기술(AMT)의 전략적 분류 : 조정-공급-활용의 계층구조를 중심으로)

  • 박용태
    • Journal of Technology Innovation
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    • v.3 no.1
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    • pp.213-236
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    • 1995
  • Advanced Manufacturing Technology(AMT), a comprehensive collection of new technologies for the efficiency and flexibility of manufacturing systems has received a growing attention recently, AMT consists of various industrial and technological components, homogeneous in some aspects while heterogeneous in others. Thus, it is difficult but necessary task to construct a classification framework in which the relationship among individual technologies are depicted in a meaningful fashion. In this, paper, we propose a hierarchical framework in which the objective and criteria of classification are decomposed into three level: industrialization, development and application of AMT. At the first and highest level, the main interest is to "industrialize" AMT. The major actors at this level are policy makers(public sector) and top management(private sector) and the primary classification criterion is the interrelationship between industry and technology. At the middle level exist system engineers whose main objective is to "develop" new technologies and/or systematize individual technologies. At the final and bottom level, shop floor managers need to "apply" AMT in order to enhance the efficiency and flexibility of manufacturing process. It should be stressed that, as a whole, the above three levels should be interactively linked to that each level contributes to the balanced development of AMT.

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Examining Organizational Factors Impacting IoT Implementation, Production, Services, and Performance in the Thai Manufacturing and Distribution Sector

  • Krisana KITCHAROEN
    • Journal of Distribution Science
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    • v.22 no.4
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    • pp.23-35
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    • 2024
  • This study investigates the organizational factors including firm size, adaptive capability, absorptive capability, innovative capability, and executive support to determine internet of things, production and services, and organizational performance. Research design, data, and methodology: A quantitative methodology was employed, involving the distribution of surveys to 460 employees occupying managerial and strategic roles. These individuals have accrued a minimum of one year of experience within 20 leading manufacturing and distribution companies in Thailand, each boasting a workforce exceeding 250 employees. Sampling techniques utilized encompass judgmental, quota, and snowball sampling. Furthermore, analysis of the data was conducted through Confirmatory Factor Analysis (CFA) and Structural Equation Model (SEM). Results: The findings indicate that factors such as firm size, adaptive capability, absorptive capability, and innovative capability exert significant influence on the Internet of Things (IoT). In addition, IoT significantly impacts both production and services. Furthermore, the study highlights the significant influence of production and services on organizational performance. However, the anticipated relationship between executive support and IoT lacks support according to the results. Conclusions: This study highlights the transformative potential of IoT for the manufacturing and distribution sector, paving the way for enhanced efficiency, competitiveness, and sustainability in a rapidly evolving business landscape.

Global Value Chain Structure Analysis for ICT Industry (정보통신산업(ICT)의 글로벌 가치사슬구조분석)

  • Cho, Sang Sup;Chae, Dong Woo;Lee, Jungmann
    • Journal of Information Technology Applications and Management
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    • v.26 no.6
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    • pp.65-78
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    • 2019
  • This study describes the accounting approach of separating the value chain components that occur between the origin and destination of a country's total exports, and applied this analysis to the nation's information and communication industry. As a result of this study, the analysis results of ICT's global value chain for the United States and China, focusing on Korea, are as follows: First of all, the value added standard was relatively lower than the export amount standard for the information and communication industry. In particular, the gap was starkly visible in the information and communication manufacturing sector, where global vertical specialization was developed relatively. As a representative sector, the computer-related equipment sector exported to China became more specialized vertically than other information and communication industries. Next, the method of participating in vertical specialization of Korea's information and communication sector and its relative position in the global value chain came from domestic products (0.25/35.16) whose total exports, which were double calculated in the case of the U.S. market, returned home. On the other hand, about 32.68 percent returned to the Chinese market. Finally, in the global value chain level, the SW sector occupied a medium vertical culture location for the information and communication equipment sector and the information and communication service sector.

The Effects of Output Sector Uncertainty on Dependence, Commitment and Strategic Performance: A Comparative Analysis on Korean and American Manufacturers (환경 불확실성이 한.미 제조업체의 의존성, 결속과 전략적 성과에 미치는 효과: 수요부문 환경불확실성을 중심으로)

  • Kim, Jong-Young;Bang, Ho-Yeol
    • International Commerce and Information Review
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    • v.16 no.1
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    • pp.163-183
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    • 2014
  • This paper empirically investigated whether the strategic performance of dependence and commitment on output sector uncertainty based on the data from manufacturing firms in Korea. U.S. Also, the proposed model was proven by the structural equation model with the data gathered from 105 manufacturing firms in Korea, 103 in U.S. The success of the members of channel having limited resources and capabilities depends on how they cope with environment. Especially, it is insispensable for manufacturing firms and distributing firms to build up win win systems when environmental uncertainty is high in the output sector. The findings were as follows. Hypothesis 1 was accepted in all the nations. Hypothesis 2 was accepted in the United States yet not in Korea. Hypothesis 3, 4 was accepted in Korea yet not in the United States. Hypothesis 5 was accepted in every nation as well. In the future, the dependence, commitment and strategic performance of manufacturing and distribution firms should be investigated from a mutual perspective, and additional data should be obtained by selecting more subjects. As for environmental uncertainty, the uncertainty of distribution environments as well as output sector uncertainty should equally be investigated by making a comparative analysis.

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Growth in the Service Sector and Its Policy Implication (서비스부문(部門) 성장(成長)과 정책방향(政策方向))

  • Kim, Ji-hong
    • KDI Journal of Economic Policy
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    • v.14 no.3
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    • pp.73-96
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    • 1992
  • Korean economy has experienced rapid expansion of the service sector at the expense of the manufacturing sector since 1988, which was caused by the wage increase and the appreciation of Won. The government worried about the deindustrialization and the erosion of the international competitiveness, and various measures were taken to enduce labor force into the manufacturing sector. However, this article argues that the expansion of the service sector is inevitable phenomenon in the process of economic development, and the balanced industrial policies are desirable. In addition, the Uruguay Round Service Negotiations require liberalization of the service market and internationalization of the service industries.

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Reduction of the Roll-Over of the Sector Tooth for Achieving Improved Recliner Locking Performance (리클라이너 결합 성능 향상을 위한 섹터투스의 롤오버 저감 방법)

  • Lee, Sang-Hoon;Choi, Hong-Seok;Chang, Myung-Jin;Kim, Dong-Su;Bae, Jae-Ho;Ko, Dae-Cheol;Kim, Byung-Min
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.34 no.11
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    • pp.1623-1630
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    • 2010
  • In this study, effective forming methods for reducing the roll-over of a sector tooth, which is a main component of an automotive seat recliner, are proposed. Due to the large amount of roll-over, accurate contact between the inner gear of a sector tooth and the outer gear of a pawl tooth cannot be normally achieved; thus sensitivity and safety for the passengers decrease. To overcome the aforementioned drawback, we investigated the effect of flowcontrol forming methods involving local embossing die, coining punch, and VIC (Variable Inverse Clearance) on the roll-over depth by FE-analysis and an experiment. The results of a fine-blanking experiment for verifying the proposed methods showed that VIC type is decidedly superior from the aspects of reduction of roll-over and tool strength of the sector tooth.

Decomposition of CO2 Emissions in the Manufacturing Sector : An International Comparative Study for Korea, UK, and USA (제조업 부문의 이산화탄소 배출 요인분해: 한국·영국·미국의 국제비교 연구)

  • Han, Taek Whan;Shin, Wonzoe
    • Environmental and Resource Economics Review
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    • v.16 no.3
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    • pp.723-738
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    • 2007
  • This paper draws some implications from Logarithmic Mean Weight Divisia Method (LMWDM) on the sources of $CO_2$ emission changes in the manufacturing sectors of Korea, UK, and USA. The sources of change in industrial $CO_2$ emission of a country, as manifested by production scale factor, structural factor, and technical factor, summarizes the forces behind the change in $CO_2$ emissions in each country's manufacturing sector. There are three observations. First one is that Korea's emission is increasing while USA and UK are experiencing reduction or stabilization of $CO_2$ emission in the manufacturing sector. Second implication is that the technical factor affecting $CO_2$ emission in Korea does not help much, or even hinder, the reduction of $CO_2$ emissions, comparing to USA and UK. Third one, which is the combined result of the first and the second one, is that Korea's increasing trend in aggregate $CO_2$ emission throughout the periods in consideration is mainly due to the failure in technical progress, or the deterioration in the structure of within subcategories, or both. The policy implications is clear. The obvious prescription is to launch a nation-wide policy drive which can revert these adverse trends.

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