• Title/Summary/Keyword: Industrial Practices

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Tools, Joint Practices, and Performance Outcomes of Customer-Supplier Partnerships (구매-공급사 간 협력관계에서 사용되는 상호작용(도구 및 관례)과 상호작용의 성취결과)

  • Jung, Seung-Ho
    • IE interfaces
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    • v.14 no.3
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    • pp.236-246
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    • 2001
  • The purpose of the study is to identify specific tools and joint practices used in customer-supplier partnerships and to investigate performance outcomes resulting from using the identified tools and joint practices. To achieve the purpose, related literatures in the area of marketing, purchasing, and management systems engineering are reviewed. Successful and world-class supply and/or supplier management cases are examined in-depth as well. Before addressing the purpose of this study, quality experts' assertions on and historical perspective of Supply Chain Management(SCM) and general issues on customer-supplier partnerships are also mentioned.

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Uncovering the Relationship between ESG Practices and Firm Value: The Role of Reputation and Industry Sensitivity

  • Yanghee Kim;Hojoon Jang;Junhee Seok
    • Asia Marketing Journal
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    • v.25 no.4
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    • pp.207-218
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    • 2024
  • Considering the rising interest in environmental, social, and governance (ESG) globally, various studies have shown that ESG practice increases firm value; however, there is still much debate. This study focuses on the relationship between ESG practice and firm value. Further, we identify the mechanisms constituting this relationship to address relevant research gaps. Specifically, this study examines the connection between ESG practice and corporate valuation, emphasizing the mediating role of a company's reputation. Using panel analysis of data from 145 Korean firms (2014-2021), the study reveals that ESG practices notably enhance firm value, signaling their significance to stakeholders. Corporate reputation acts as a bridge between ESG efforts and value, with corporate reputation's influence varying across industries. This research presents broad implications for both academic and industrial fields, highlighting the strategic importance of ESG in enhancing firm value.

The Effect of Process Maturity on the Performance of Industrial R&D Projects (프로세스 성숙도가 기업 R&D 프로젝트의 성과에 미치는 영향에 관한 연구)

  • Hong, Soon-Wook
    • IE interfaces
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    • v.16 no.3
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    • pp.362-374
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    • 2003
  • The major objective of this paper is to empirically examine the effect of process maturity on the performance of industrial R&D projects. Process maturity, a fundamental concept of the Capability Maturity Model developed by Software Engineering Institute, represents the essential of Total Quality Management (TQM). Based on literature, our research model constructs process maturity in terms of structured process, goal setting and controlling, metrics, and process learning; and links it to the R&D performance that consists of technical, commercial and managerial successes. The model also includes firm size as a moderator of different effects that process maturity may have across firms. Measures for process maturity are based on the best practices identified in literature. Data are obtained from 77 successful R&D projects carried out by Korean manufacturing firms. Multiple regression and t-test are used to test proposed hypotheses. Findings are as follows. (1) In the R&D process, process maturity partially contributes to the performance of R&D projects. More specifically, goal setting and controlling-related practices drive both technical and commercial successes, while process learning-related practices drive commercial success. In contrast, traditionally emphasized elements such as structured process or metrics are found not to be significant. (2) The degree of process maturity is significantly higher in large firms. (3) Process maturity impacts on commercial success in the case of large firms, whereas it does on technical success in the case of small firms. The results imply that the TQM principles are partially associated with R&D performance, and the nature of benefit from high maturity could vary according to firm size.

Geotechnical Applications of Industrial By-products for Reducing Environmental Impacts - ln the Case of Pulverized Coal Fly Ashes -

  • Kazuya Yasuhara;Sumio Horiuchi;Hideo Komine
    • Proceedings of the Korean Geotechical Society Conference
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    • 2001.10a
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    • pp.29-62
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    • 2001
  • Based on the results from investigation of behaviour of pulverized fly ashes (PFA) at laboratory and field, the way how to reduce the environmental impacts to geotechnical practices Is considered and described. In order to reduce discharged industrial by-products, it should primarily be emphasized that an effort are made as much as possible not to put into homing. Secondarily, an effort must be made to increase amount of utilization to geotechnical engineering practices. In addition, from an environmental point of view, we should challenge to create innovative materials which are eligible for controlling other wastes and remedying contamination m soils by using industrial byproducts which belong to wastes This Is a new concept in which the polluting materials can be eliminated by making use of wastes. Based on the above-stated concept, the previous and possible utilization of PFA is classified into: (1 ) reclamation, embankment or backfill material, (2) light weight geo-material, (8) soil stabilization/improvement, and (4) environmental material. The reason why PFA, in particular, slurry PFA has been used and will possibly be used more widely is due to the fact that PFA has the advantages : (i) low specific gravity leading to a light weight geomaterial, (ii) high pozzolanic activity enhancing strength, especially due to cement addition, and (iii) spherical shape of particles producing isotropy and then pumpability. As well as the concept of reducing geo-environmental impacts, the present text mainly describes the successful results at laboratory and field which have been obtained by the authors. The most important issue hi application of byproducts including PFA for geotechnical practices is to prevent leakage of polluted substances from sedimentary deposits, ground and earth structures. As one of possible techniques far achieving this purpose, a method of washing off the polluted substances by hot water is described.

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A Review of Large-Scale Hydropower Project in Public Sector of Pakistan

  • Umair, Muhammad;Choudhary, Muhammad Abbas;Jahanzaib, Mirza
    • Journal of Construction Engineering and Project Management
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    • v.4 no.4
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    • pp.47-59
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    • 2014
  • Client organization inadequate project planning before awarding the contract and insufficient monitoring and control system among the parties involved create severe problems. Ultimately, large-scale projects go beyond the expected cost and time control limits. This paper discusses the major issues involved with a large-scale Hydropower Project in Pakistan Public Sector environment. The latest approved Baseline Plan of project was reviewed and analyzed using Variance Analysis and Trend Analysis techniques in Primavera project management software to assess the efforts made of the parties involved. It was found that Project is 202% Cost overrun and 25% time delays from original contract award. After analysis of baseline plan and quantification of various variance issues in impacted activities, the questionnaire survey was conducted to identify the impact of causative factors. There were almost 17 most significant causative factors identified among 60 identified factors and responsibilities are assigned accordingly. At the end recommendations are made for strategic decisions as lessons learned during project evaluation.

Effects of Environmental Conscious Logistics System for Economy Base construction Under Resources Circulation and Logistics operation Practices on Firm Performance (물류분야에서의 순환형 시스템 구축요인과 물류운영전략이 기업 물류성과에 미치는 효과)

  • Park, Seog-Ha
    • 한국산학경영학회:학술대회논문집
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    • 2006.06a
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    • pp.103-123
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    • 2006
  • Resources circulation logistics factor has come to be one of the most important concerns in today's business due to the need for conscious use of limited resources and the greenhouse effects. The purpose of this study was to propose strategic approaches to improve firm's competitive advantages by exploring the logistics practices that increase firm's logistics performance and reduce environmental problems at the same time. In doing so, we reviewed past literature on Resources circulation logistics factor, logistics operation level, and firm's logistics Performance, and then developed a conceptual model and researchable hypotheses, Survey data were collected from manufacturing companies to test the hypotheses. Survey data included the variables of Resources circulation logistics factor, logistics operation practices, and firm's performance. Firm's performance was measured by customer service and logistics costs.

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A Study of Related Factors to the Knowledge, Attitude, and Practices in the Occupational Health of Laboratory Workers (기업부설연구소에 종사하는 연구원의 산업보건에 대한 지식·태도·실천 관련 요인)

  • Kwon, Yoon-Jeong;Jung, Hye-Sun
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.29 no.4
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    • pp.571-581
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    • 2019
  • Objectives: This study was conducted to measure the knowledge, attitude, and practices on occupational health and the analysis factors influencing them among researchers working at corporate research centers. Methods: A total of 298 researchers working at corporate research centers participated in the study. After eliminating 12 insufficient responses, the responses of 286 participants were used for the final estimate. The questionnaire consisted of questions about general and occupational characteristics as well as knowledge, attitude, and practices on occupational health. Results: Factors influencing occupational health practices were type of business, job position, and attitude toward occupational health. Attitude toward occupational health was found to have the greatest influence. Conclusions: It is necessary to develop educational contents appropriate for each type of industry, implement educational programs for researchers working at corporate research centers, and take actions to prevent health problems among researchers through various health-care activities such as experience-based activities and discussions.

The Impact of Contingency Factors on Management Accounting Practices in Vietnam

  • PHAM, Duc Hieu;DAO, Thi Huong;BUI, Tien Dung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.77-85
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    • 2020
  • The aim of this study is two-fold. Firstly, it attempts to assess the level of management accounting practices (MAPs) in manufacturing companies in Vietnam. Secondly, it purports to explore the impact of potential contingency factors on the current level of MAPs in the sample of studied companies from the industrial sector in Vietnam. The study examines the hypotheses that MAPs in Vietnamese manufacturing firms are affected by a range of contingent variables. A quantitative research was conducted by sending questionnaires to the target respondents that comprise both accountants and managers in 160 manufacturing enterprises in the north of Vietnam. The first main findings from the study reveal that MAPs in Vietnam are mainly traditional rather than contemporary ones, and oriented toward the short-term rather than the long-term. The second main research findings resulted from multiple regression model show that MAPs in Vietnam are significantly affected by company size, commitment of directors, advanced manufacturing technology, and distinct number of products. However, no significant associations are found between MAPs and intensity of competition from the emerging market as hypothesized in this study. Research findings are bases for recommendations to promote the application of contemporary practices and enhance management accounting functions in manufacturing companies in Vietnam.

On the Safety Management Scheme for Industrial Accident Prevention (산업재해예방을 위한 안전관리방안)

  • 천명섭;정조영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.11 no.18
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    • pp.81-96
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    • 1988
  • This study was aimed to propose a safety management scheme for industrial accident prevention, which has been increasingly embossed by industrialists and authorities concerned. A particular attention has been paid to the integrated ideas and practices to be needed in the field supervision. For this, a primary perspective of the study was drawn from the significant analysis of the current industrial accidents. From this observation, the researcher assumed that the integrated scheme should be an extension to the scientific approach in order to overcome various industrial accidents. The researcher also tried to provide more detailed information in each divisions. i.e., an essential safety device, an occupational disease, an educational practice. In this paper, the researcher will show in a first step how industrial accident prevention can contribute to progress of industrial peace and safety. Finally, the researcher emphasized that more investments would be highly profitable to industrial accident prevention and we should be in realization that all of activities in safety management are to be the main key in labour-management cooperation.

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A Study on the University Start-Up Activation Plan through CO-OP Education : Focused on Development of a University Education Model with linking Field Practices (코업(CO-OP) 교육을 통한 창업 활성화 방안 연구 : 현장실습연계형 대학 교육모델 개발을 중심으로)

  • Kim, Chun-Shik
    • Journal of Information Technology Applications and Management
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    • v.26 no.3
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    • pp.61-80
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    • 2019
  • The cooperation between universities and industries is already one of the most important factors driving the national economy in the knowledge-based society of the 21st century represented by the Fourth Industrial Revolution. The Korean government has also been carrying out legal and institutional re-adjustments to promote industrial-university cooperation in line with demands for such changes in the times. However, despite this industry-academic cooperation system, there is still a significant mismatch between industrial demand and the university's workforce development system. By the way, there is a Cooperative Education(CO-OP) in Canada and the United States. It's an innovative link between the university and the industry. The reason is that the CO-OP program not only allows students to gain experience with their majors in the industrial field, but also plays a positive role in improving their specialty expertise. In particular, field information, ideas, and job insights that students acquire through CO-OP also serve as motivation for starting a business beyond employment after graduation. Furthermore, CO-OP experience is an important opportunity for future researchers to come up with commercialized research results that are not separated from the field sites The purpose of this study is to overcome the gap between industrial demand and the college manpower training system, and develop a Korean-style coaching program model as a growth engine for creative talent-building policies, represented by 'creation of start-ups and new industry.' In addition, this study suggested measures that can be applied in real universities. In addition, the study also highlighted that the introduction of CO-OP programs with field practices in Korea could also boost start-ups. Based on the Korean CO-OP program model, the curricula applicable to domestic universities consisted of two types : general and research-oriented university types.