• Title/Summary/Keyword: Innovative Product Development

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A Study on the Competitive Advantage Strategy of Convenience Store (CVS) in Japan: Focusing on 7-Eleven

  • LEE, Kwang-Keun
    • East Asian Journal of Business Economics (EAJBE)
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    • v.9 no.1
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    • pp.1-16
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    • 2021
  • Purpose - This study aims to analyze 7-Eleven's specific competitive advantage strategy according to changes in the Japanese convenience store industry by selecting 7-Eleven, a leading company in the Japanese convenience store industry, as a representative case study. Research design, data, and methodology - Due to the current COVID-19 situation, fact-finding such as interviews with key managers through visiting surveys was not possible, so this case study was carried out based on the literature such as official and unofficial data collected from the companies through e-mail and articles that have been published outside. Result - As a result of the analysis, the researcher found that five competing strategy factors, such as dominant strategy, innovative logistics system strategy, information system development strategy, joint product development strategy, and direct communication strategy have closely maintained the mutual relation to form a combined strategy focusing on the franchise development strategy. Conclusion - The competitive advantage of 7-Eleven is thought to have secured its competitive advantage by combining the five competitive strategies complementarily for rapid response to change, cost advantage, and differentiated advantage. The management implications specified in this study can be considered a reference for establishing a competitive strategy for sustainable growth of the convenience store industry in the fierce competition and saturated market environment of Korean convenience stores.

Development of a 30-in. wide-QXGA+ TFT-LCD for High-Information-Content Displays

  • Choi, H.C.;Hong, S.G.;Lim, B.H.;Lee, S.W.;Yeo, S.D.
    • 한국정보디스플레이학회:학술대회논문집
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    • 2004.08a
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    • pp.19-22
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    • 2004
  • A 30-inch WQXGA+ TFT-LCD Monitor has been developed based on in-plane switching mode with multi-domain. This product adopts Cu electrode which, in spite of low resistivity, was not applied to TFT LCD products because of productivity and reliability problems etc. This low resistivity material makes it possible to clear the problem caused by line delay in such high resolution TFT-LCDs. As a results of successful adoption of innovative materials and technologies, our world's largest TFT-LCD Monitor has best performance for high information display.

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Development of a Compact Iron-Cored Electronic Current Transformer Based on IEC 61850 (IEC61850 기반 콤팩트형 철심 코어형 전자석 변류기 개발)

  • Kang, Y.C.;Kim, Y.H.;Choi, J.H.;Park, J.M.;Jang, S.I.;Kim, Y.K.;An, Y.H.;Song, I.J.
    • Proceedings of the KIEE Conference
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    • 2008.11a
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    • pp.191-193
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    • 2008
  • This paper describes a compact Iron-cored Electronic Current Transformer(ECT) based on IEC 61850. The ECT developed in this study has the feature of designing the current transformer with a compact iron-core, compensating error due to the nonlinear characteristic of Iron-core, and applying IEC 61850 9-2 for sampled value(SMV). We verify the performance of the innovative product developed in the study in KERI and test the performance of digital communication in the lab.

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The Development of a machining technology on the micro needle pattern with a quadrangular pyramid or cone shapes (사각뿔/원뿔 형상의 마이크로 니들 가공 기술 개발)

  • Choi, Kyu-Wan;Chang, Sung-Ho
    • Design & Manufacturing
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    • v.10 no.3
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    • pp.25-29
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    • 2016
  • Recently, a hyaluronic acid micro needle patch for therapeutic and cosmetic purposes has been used by attaching directly to the skin with a pattern having a micro needle shape of 1/3 thickness of hair. These products are attracting attention as an innovative product that maximizes the effect by activating the active ingredient in the skin in the deep skin without blocking the horny layer because the micro needle shape exists on the patch surface so that it can penetrate effectively to the skin. Currently, DAB (droplet air blowing) or MEMS technology is used to make pattern shapes for patches. Because of this technology, manufacturing time is long and manufacturing cost is high, so we tried to develop the mold technology to machine the microneedle shape directly to the metal. In this study, we first fabricated a needle pattern with a quadrangular pyramid shape and finally produced a conical needle pattern.

Development of the iron-cored electronic voltage transformer (철심 코어형 전자식 전압 변성기 개발)

  • Kang, Yong-Cheol;Park, Jong-Min;Jang, Sung-Il;Kim, Yeon-Hee;Choi, Jung-Hwan;Kim, Yong-Kyun;Song, In-Jun;An, Yong-Ho
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.138-139
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    • 2008
  • An iron-cored voltage transformer(VT) is usually used to obtain the standard low voltage signal for protection and measurement. Generally, the iron-cored transformers have errors due to the hysteresis characteristics of the iron-core. An error compensating algorithm for iron-cored instrument transformer can improve the accuracy of conventional voltage transformers. This paper describes the iron-cored electronic voltage transformer having the error compensating algorithm. The innovative product composes an iron-cored VT and an intelligent electronic device(IED) having the error compensating algorithm. The test results of the iron-cored electronic voltage transformers in Korea Electro-technology Research Institute(KERI) are presented.

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A Technology Convergent Medical Service Engineering Model based on the Dynamic Innovation Theory (동태적 혁신이론 기반의 기술 융합 의료서비스 공학모델)

  • Kim, Jong-Ho
    • IE interfaces
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    • v.21 no.2
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    • pp.209-220
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    • 2008
  • Recently, innovative medical services are fast emerging, which include customized medical services based on bio-informatics, composition of cure and well-being exploiting ubiquitous technology, hospital supply chain management using RFID, and so forth. However, conventional approaches for new service development hardly give us systematic model to analyze and produce creative medical services. Because most of them are static and concentrate on microscopic tools or techniques. Thus, it is highly desirable to suggest an integrative framework to organize the whole transformation process from technology to medical service. The objective of this study is to propose a medical service engineering model based on the dynamic innovation theory. The proposed model contains objectives of service system, strategies of hospital, stages, activities required to deal with medical service life cycle, which incorporates the acquisition of new technology, transformation to the product, penetration into market, and adoption of consumers. In addition, the usefulness and applicability of the newly proposed model are provided using catholic medical center example.

Development of Soil-cement in Earth-block Materials

  • Wiwattanachang, N;Maneein, N;Parwong, T;Nummeesri, K
    • International Journal of Advanced Culture Technology
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    • v.3 no.1
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    • pp.78-85
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    • 2015
  • In Thailand, the electricity consumption is very high with the intention of reduce high temperature in the building. Since 2000, a lot of people paying attention to Green-Building concept. A similar concept is natural building, which is usually on a smaller scale and tends to focus on the use of natural materials that are available locally. Therefore, the Earth-Block (EAB) product is appropriated approach to reduce energy consumption in the buildings. The EAB is produced with environmentally friendly process, which does not release harmful pollution and effective cost. The main significant character is durable materials for building construction. This study aims to develop the new thermal insulation by using soil-cement with vetiver grass fibre. Additionally, it describes the innovative systems used in production of EAB materials by mixing the soil-cement with vetiver grass fibre. This paper reveals lowest costs, space configurations changing and greater design flexibility for constructing the building.

A review on global market environment and regulatory issues of flavors (세계 식품 향료시장의 환경과 법적규제)

  • Oh, Jae Soon
    • Food Science and Industry
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    • v.50 no.4
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    • pp.2-11
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    • 2017
  • The external factors of global flavor market include the world economy, population growth, urbanization, consumer spending, raw material availability, pricing, and regulatory issues. And the internal factors as product pricing and technology development may lie the flavor house's competitiveness and cost considerations. In developing countries, rising preference for packaged food and beverages and increasing personal expenditures will drive demand for flavor market. Increasing consumer demand for natural products, driven in part by health concerns and a desire for transparency in labeling will impact the demand. The increasing demand for salt and sugar reduction will boost demand for flavors to maintain the overall taste. The use of quality and innovative flavors in the beverages and the multifunctional flavors has a positive influence on the global market. The global flavor industry has the presence of several drivers and positive trends, with its future expected to be promising.

Study on the Application of Patterns of Xuzhou Paper-cut in Cultural and Creative Product Design (쉬저우(徐州) 지엔즈(剪紙) 문양(紋樣)의 문화 창작물 제품 디자인 적용에 관한 연구)

  • Hao Pei Pei;Lee Jin Wook
    • Smart Media Journal
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    • v.12 no.11
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    • pp.211-221
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    • 2023
  • In the context of integration of culture and tourism, the effective application of folk art in cultural creative products is of great significance to the development of local cultural industry. Xuzhou paper-cutting is the only world-class intangible cultural heritage project in the northern Jiangsu region of China. Its high humanistic value and artistic characteristics are widely used in modern art design. The application of cultural and creative products relative to paper-cutting in Xuzhou mainly focuses on two-dimensional decorative and ornamental products, which is short of diversity in form and not practical. In addition, it doesn't meet the aesthetic needs of living of modern people, This article studies paper-cut works by Wang Guiying and proposes principles for the design of cultural and creative products relative to paper-cutting by analyzing the typical "goose" pattern in Wang's paper cutting handcrafts. By exploring the application value of Xuzhou paper-cutting in cultural and creative product design and demonstrating the feasibility of the design principles via visiting experts, this article hopes to provide some reference for the modern inheritance and innovative development of paper-cutting culture.

Importance-Performance Analysis for Developing Convergence Firefighter Helmets (융합 소방용 안전모 개발을 위한 중요도-만족도 연관 분석)

  • Oh, Mi-Ok;Shin, Jong-Kuk;Kang, Myung Chang;Shin, Bo-Sung;Moon, Min-Kyung
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.15 no.6
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    • pp.109-114
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    • 2016
  • This study executes Importance-Performance Analysis (IPA) on existing firefighter helmet attributes and gathers ideas for improvements from fire-fighting officers to develop a convergence firefighter helmet. The results of empirical analysis were as follows: First, the weight, head fitness, ease of wearing and removal, and ease of managing the existing helmet's attributes need urgent improvement. In addition, fire-fighting officers want to add innovative functions such as oxygen deficiency alarms, poison gas sensors, temperature sensors, and network communication systems to the convergence firefighter helmet under development.