• Title/Summary/Keyword: Business Model Evolution

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Logistics Business Model for Win-Win Strategy : Logister & Velcro Structure (윈윈전략을 위한 물류비즈니스 모델 : Logister와 벨크로 조직)

  • Paik, Si-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.3
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    • pp.33-42
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    • 2006
  • From middle of 90's, SCM had emphasized the importance of connection of all companies which participate to a market, and outsourcing has emphasizes the slim structure of companies for pursing cost reduction and service improvement. But outsourcing as '2-1=1' and integration as '1+1=2' not adapt to the advanced market but return to the former state. Besides, it is impossible of subcontractors and logistics companies to execute these strategies which are win-win strategy and outsourcing. So many logistics companies have sharp competition in price recently. Therefore logistics companies have increased the need for a profitable business model and strategy. This paper researches the limitations of logistics market and redefines the role of logistics through the evolution of logistics. Also this paper proposes new role(Logister) and structure(Velcro structure) for not maker-oriented logistics but market-oriented logistics. The introductory case study will help to understand 2 terms(logister and velcro structure).

Evolution of Manufacturing Strategy Model: A Quality Perspective (생산전략모형의 진화: 품질의 관점)

  • Heetak Kim
    • Journal of Korean Society for Quality Management
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    • v.29 no.1
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    • pp.85-100
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    • 2001
  • There is a significant discrepancy between manufacturing strategy and quality management. This paper attempts to review the literature of manufacturing strategy model in quality perspective The objective of the paper is to clarify the quality aspect of manufacturing strategy models for a better understanding of the subject and to lay a foundation to integrate manufacturing strategy with quality management. The paper is organized as follows. First, the literature review on the issue is presented. The trade-off model, lean production model, cumulative model, sand cone model, quality staircase model are critically reviewed. Next, the discussion on the review model is brought. Finally, conclusions are presented.

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A Case Study on Kakao's Resilience: Based on Five Levers of Resilience Theory

  • Song, Minzheong
    • International Journal of Internet, Broadcasting and Communication
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    • v.9 no.3
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    • pp.44-58
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    • 2017
  • The purpose of this study is to prove the Korean Internet company, Kakao's resilience capacity. For it, this paper reviews the previous literatures regarding Kakao's business models and discusses 'resilience' theory. Then, it organizes the research questions based on the theoretical background and explains the research methodology. It investigates the case of Kakao's business and organization. The case analysis shows that five levers of resilience are a good indicator for a successful platform business evolution. The five levers are composed of coordination, cooperation, clout, capability, and connection: First lever, coordination that makes the company to restructure its silo governance in order to respond to actual business flow starting from the basic asset like game and music content; second lever, cooperation where the firm provides creative people with playground for startups such as KakaoPage; third lever, clout where the company shares its data by opening its API of AI and chatbot to $3^{rd}$ party developers; fourth lever, capability where the firm establishes AI R&D center, KakaoBrain as the function of multi-domain generalist for developing diverse platforms tackling customer needs; and the last fifth lever, connection where the firm continues to expand its platform business to the peripheries, O2O businesses such as KakaoTaxi, KakaoOrder, KakaoPay, and KakaoBank. In conclusion, this study proposes Internet companies to be a resilient platform utilizing those five levers of resilience in order to form successful platform. This study contributes to the agile innovation of Internet platform with ecological sense.

DEVELOPMENT AND EVALUATION OF A CENTROID-BASED EOQ MODEL FOR ITEMS SUBJECT TO DEGRADATION AND SHORTAGES

  • K. KALAIARASI;S. SWATHI
    • Journal of applied mathematics & informatics
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    • v.42 no.5
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    • pp.1063-1076
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    • 2024
  • This research introduces an innovative approach to revolutionize inventory management strategies amid unpredictable demand and uncertainties. Introducing a Fuzzy Economic Order Quantity (EOQ) model, enriched with the centroid defuzzification method and supervised machine learning, the study offers a comprehensive solution for optimized decision-making. The model transcends traditional inventory paradigms by seamlessly integrating fuzzy logic and advanced machine learning, emphasizing adaptability in fast-paced business landscapes. The research unfolds against the backdrop of agile inventory management advocacy, with key contributions including the centroid defuzzification method for crisp interpretation and the integration of linear regression for cost prediction. The study employs a real-life bakery scenario to demonstrate the efficacy of both crisp and fuzzy models, underscoring the latter's superiority in handling uncertainties. Comparative analysis reveals nuanced impacts of uncertainty on inventory decisions, while linear regression establishes statistical relationships for cost predictions. The findings underscore the pivotal role of fuzzy logic in optimizing inventory management, paving the way for future enhancements, advanced machine learning integration, and real-world validation. This research not only contributes to adaptive inventory management evolution but also sets the stage for further exploration and refinement in dynamic business landscapes.

Evaluation of Problems in Tourism Systems and Their Evolutionary Status Based on Self-Organization Theory

  • Enhou Zu;Haoming Wen;Minghung Shu;Chih-Lung Yu
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.18 no.6
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    • pp.1500-1517
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    • 2024
  • With the rapid development of the tourism economy, large-scale construction of tourist attractions to achieve resource utilization and ensure the healthy development of the tourism industry has become a hot topic. However, there are still issues with resource utilization and coordinated management in the economic development of the tourism industry, which in turn affects the coordinated development of the tourism industry economy. Therefore, this study utilizes self-organization theory to explore the structure, organizational mechanism, conditional driving force of evolution, and evolutionary operation mechanism of the tourism system, analyze the current tourism situation in Hunan Province and related regions, and construct a self-organization evolution model of the tourism system. The result shows that the cumulative variance contribution rate of tourism areas in Hunan Province is 78.8%, with Zhangjiajie having the highest industrial management factors and tourism resource levels in the province, with 1.6 and 3.2 respectively. Hunan Province has abundant tourism resources but overall uneven development, with a comprehensive score of -1.03. Therefore, it is necessary to leverage the coordination advantages of various departments and industries to promote sustainable and healthy development of tourism areas. The self-organizing evolution of the tourism system not only discovers the current problems of the tourism industry, but also provides theoretical support and mechanism suggestions for the tourism system.

An Analysis the Role between the Buyer and Seller in the Field of e-Trade (전자무역에서 구매자와 판매자의 역할분석)

  • Lee, Joo-Won
    • International Commerce and Information Review
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    • v.7 no.3
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    • pp.195-212
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    • 2005
  • International trade has been changed from traditional trade to e-trade due to the fast expanding of information technology like e-marketplace, EDI (Electronic data interchange) using Internet since mid of 1990's. e-Trade, as a new trade method, could handle every trade procedure such as market research, contract, customs clearance, logistics and payment using IT like internet without restriction of time and space. The evolution of transaction-based business model is upon us. The business models of many e-Marketplace in their early stages have typically been based on transaction fees. Many e-Marketplaces have even called out transaction revenues as a core element of their business plans. The transaction business represents the most simple of business models, but it does not provide a long-term sustain able advantage. For buyer's convenience, wide selection and test price hold appeal. For suppliers, the extended global market reach and direct access to customers and consortiums of customers is powerful. To maximize leverage of these new e-marketplace, you must from both a buyer perspective as well as a supplier perspective. Also required is a strategy that takes in account all of the various e-Marketplace transaction standards and one that allows the easy accomodation to new e-marketplace as the market change. These new e-marketplace will need to be factored into the sales channel strategies. To be successful, integration with these e-marketplaces should occur at a complete business process level. This study would suggest on the role of buyers and sellers for e-trade which could maximize effect of e-trade in order to cope with rapid changing IT environment and global trade environment. Therefore, this study suggests top priority tasks for implementing on the specialization strategy of e-trade process.

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Models of Technological Innovation at a Project And a Firm Level (기업에 있어서 기술혁신의 동태적 모형)

  • 이진주
    • Journal of the Korean Operations Research and Management Science Society
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    • v.3 no.1
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    • pp.57-67
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    • 1978
  • This paper reviews various models of technological innovations at different levels: project level and productive segment level. Firstly, it examines a number of significant factors influencing the success and failure of technological innovation at project level. Specifically, the role and characteristics of technical information for the success of innovation is analyzed. Secondly, the paper discusses in detail the relationship between technological innovation and the evolution of a firm. Product and process innovations are analyzed in accordance with a three stage model; the stages are performance maximizing (uncoordinated), sales maximizing (segmental) and cost minimizing (systemic). Various implications of the model are presented in terms of the business policy variables such as diversification, standardization, productivity improvement, marketing, etc. The applicability of the model to a developing country is sought and a few suggestions to develop new model of technological innovations in LDC are discussed.

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Behavior-Structure-Evolution Evaluation Model(BSEM) for Open Source Software Service (공개소프트웨어 서비스 평가모델(BSEM)에 관한 개념적 연구)

  • Lee, Seung-Chang;Park, Hoon-Sung;Suh, Eung-Kyo
    • Journal of Distribution Science
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    • v.13 no.1
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    • pp.57-70
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    • 2015
  • Purpose - Open source software has high utilization in most of the server market. The utilization of open source software is a global trend. Particularly, Internet infrastructure and platform software open source software development has increased rapidly. Since 2003, the Korean government has published open source software promotion policies and a supply promotion policy. The dynamism of the open source software market, the lack of relevant expertise, and the market transformation due to reasons such as changes in the relevant technology occur slowly in relation to adoption. Therefore, this study proposes an assessment model of services provided in an open source software service company. In this study, the service level of open source software companies is classified into an enterprise-level assessment area, the service level assessment area, and service area. The assessment model is developed from an on-site driven evaluation index and proposed evaluation framework; the evaluation procedures and evaluation methods are used to achieve the research objective, involving an impartial evaluation model implemented after pilot testing and validation. Research Design, data, and methodology - This study adopted an iteration development model to accommodate various requirements, and presented and validated the assessment model to address the situation of the open source software service company. Phase 1 - Theoretical background and literature review Phase 2 - Research on an evaluation index based on the open source software service company Phase 3 - Index improvement through expert validation Phase 4 - Finalizing an evaluation model reflecting additional requirements Based on the open source software adoption case study and latest technology trends, we developed an open source software service concept definition and classification of public service activities for open source software service companies. We also presented open source software service company service level measures by developing a service level factor analysis assessment. The Behavior-Structure-Evolution Evaluation Model (BSEM) proposed in this study consisted of a rating methodology for calculating the level that can be granted through the assessment and evaluation of an enterprise-level data model. An open source software service company's service comprises the service area and service domain, while the technology acceptance model comprises the service area, technical domain, technical sub-domain, and open source software name. Finally, the evaluation index comprises the evaluation group, category, and items. Results - Utilization of an open source software service level evaluation model For the development of an open source software service level evaluation model, common service providers need to standardize the quality of the service, so that surveys and expert workshops performed in open source software service companies can establish the evaluation criteria according to their qualitative differences. Conclusion - Based on this evaluation model's systematic evaluation process and monitoring, an open source software service adoption company can acquire reliable information for open source software adoption. Inducing the growth of open source software service companies will facilitate the development of the open source software industry.

A Case Study on Energy focused Smart City, London of the UK: Based on the Framework of 'Business Model Innovation'

  • Song, Minzheong
    • International journal of advanced smart convergence
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    • v.9 no.2
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    • pp.8-19
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    • 2020
  • We see an energy fucused smart city evolution of the UK along with the project of "Smart London Plan (SLP)." A theoretical logic of business model innovation has been discussed and a research framework of evolving energy focused smart city is formulated. The starting point is the silo system. In the second stage, the private investment in smart meters establishes a basement for next stages. As results, the UK's smart energy sector has evolved from smart meter installation through smart grid to new business models such as water-energy nexus and microgrid. Before smart meter installation of the government, the electricity system was centralized. However, after consumer engagement plan has been set to make them understand benefits that they can secure through smart meters, the customer behavior has been changed. The data analytics firm enables greater understanding of consumer behavior and it helps energy industry to be smart via controlling, securing and using that data to improve the energy system. In the third stage, distribution network operators (DNOs)' access to smart meter data has been allowed and the segmentation starts. In the fourth stage, with collaboration of Ofwat and Ofgem, it is possible to eliminate unnecessary duplication of works and reduce interest conflict between water and electricity. In the fifth stage, smart meter and grid has been integrated as an "adaptive" system and a transition from DNO to DSO is accomplished for the integrated operation. Microgrid is a prototype for an "adaptive" smart grid. Previous steps enable London to accomplish a platform leadership to support the increasing electrification of the heating and transport sector and smart home.

Contextual Models of Business Application Software Architecture

  • Koh, Seokha;Ji, Kyoung-Sook
    • Journal of Information Technology Applications and Management
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    • v.20 no.3
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    • pp.1-18
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    • 2013
  • Software architecture is the blueprint for a software system and should provide consistent guidelines for design, implementation, and maintenance throughout the entire lifecycle of the system. Components, interactions between the components, well-formed structure, reasons, and various perspectives reflecting various stakeholders' concerns changing through the phases of software lifecycle are the key elements of software architecture. The architect identifies and engages the stakeholders, understands and captures stakeholder's concerns including those regarding life cycle, and lets the concerns reflected in the architecture. To do so, architect should take into consideration various contextual elements regarding the system too. We make an extended list of the elements, especially those of business application software architecture, that the architect should take into consideration and construct a model of the relationships between the elements.