• Title/Summary/Keyword: Logistics Market

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The Logistics Strategies to Improve Gunsan Port's Competitiveness (군산항의 경쟁력 제고를 위한 LOGISTICS 전략)

  • Hwang, Ho-Man
    • Journal of Korea Port Economic Association
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    • v.23 no.3
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    • pp.149-164
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    • 2007
  • The purpose of this study is to suggest the logistics strategies for the improvement Gunsan port's competitiveness. To accomplish the purpose, this paper reviews the concept & function of logistics firstly. Next we find out the main factors of improving port's competitiveness, build the basic model of the logistics strategy and apply the model to the case of Gunsan port. The strategies to improve the competitiveness of Gunsan port are as follows ; (1) Construction of logistics environment (2) Planning the port marketing for the extension a logistic market share (3) Construction of logistics chain and finally (4) Construction of logistics community.

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The Logistics Infrastructure for the Exploitation of Saemangeum New Port (새만금 신항 개발을 위한 물류인프라 구축방향)

  • Hwang, Ho-Man
    • Journal of Korea Port Economic Association
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    • v.25 no.4
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    • pp.63-82
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    • 2009
  • The purpose of this study is to construct the logistics infrastructure for the exploitation of Saemangeum New Port that will be constructed in near future. To accomplish the purpose, this paper grasp the change of port logistics circumstances firstly. find out the project of the new port and construct the logistics infrastructure for the new port with the basic facts of the port competitiveness. The construction of the logistics infrastructure for the exploitation of Saemangeum New Port will be conducted as follows ; (1) Construction of logistics environment (2) Planning the port marketing for the extension a logistic market share (3) Construction of logistics chain and IT Network and finally (4) Construction of logistics community.

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A Design of Internet-Based Safety Guarantee Global Integrated Logistics Management System Framework (인터넷 기반의 안전보장 글로벌 통합물류관리시스템 프레임워크 설계)

  • Hong, Ho-Seon;Hong, Ki-Sung;Lee, Chulung
    • Journal of the Korea Society of Computer and Information
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    • v.18 no.5
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    • pp.103-111
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    • 2013
  • This paper provide a framework for an IGILMS(internet-based global integrated logistics management system) which can access and mediate cargo transportations among small- and medium-sized domestic/international logistics corporations as regards cargo, registration and search for space, public tender and negotiation, contract, payment and safety-guarantee, transportation through the internet, wireless communication means, or smart phone etc. In addition, we describe a model to provide customized services in the B2B e-market for IGILMS and the structure and the control of its fulfillment process, and provide technical architecture of the IGILMS for an internet-based global logistics management system. To validate an efficiency of the proposed system, we develop a simulation model and analyze the performance of the proposed system.

The Concept of Human Resource Management in Logistics Processes

  • Shtuler, Iryna;Zabarna, Eleonora;Kyrlyk, Nataliya;Kostovyat, Hanna
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.110-116
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    • 2021
  • The article focuses on the need to deepen the issue of human resource management in logistics processes. It is noted that changes in market conditions and turbulence in the institutional environment require managers to form a highly effective human resources policy capable to ensure the innovative development of the enterprise. Functional strategies for human resource management in logistical processes are proposed, namely: adaptive, innovative, selective and exclusive. Innovative technologies that should be used in the adaptive human resources policy process are identified.

Analysis and Design of the Efficient Consolidated Transportation System Model (효율적인 공동 수.배송 시스템 모델의 분석 및 설계)

  • Lee, Myeong-Ho
    • IE interfaces
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    • v.18 no.1
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    • pp.1-9
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    • 2005
  • A new logistics concept is needed through the sharing information between suppliers and consumers, which maximizes the customers service and its flexibility by changing functional- oriented to process-oriented. As in many other industries, communication and data manipulation technology have led to systematical change to the logistics industry. One of the biggest changes of the industry that lies ahead is Consolidated Transportation. To improve this systematically false logistical environment, developing an integrated logistics information system with consolidated transportation, framework, standardization, and data integration is essential. However, no party outstands as the leading party for nationwide improvement of logistics, nor does the right analysis and design for it. Therefore, successful nationwide logistics model is yet to exist. This paper provides individual parties, which consider efficient consolidated transportation as their business models, with instructions for logistics information system so that they could be competitive in the market. It also helps companies collect user requirements for efficient consolidated transportation, and utilize it for its development. Finally, this paper extracts the design of algorithm for the efficient consolidated transportation.

Effects of Market Diversity on Performance of Exporting Companies: An Inverted U-shaped Relationship

  • Lee, Jungeun;Kim, Chang-Bong;Lee, Dong-Jun
    • Journal of Korea Trade
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    • v.24 no.8
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    • pp.121-132
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    • 2020
  • Purpose - The principle aim of this study is to further investigate the relationship between market diversity and export performance. We examine the benefits and costs of geographic market diversity regarding the number of countries exported to by firms on their export performance. Based on the financial risk reduction model and the entry costs model, we propose a way to incorporate the costs and benefits aspects of market diversity. Design/methodology - To empirically investigate our research question, the curvilinear relationship between market diversity and export performance, we built a secondary panel data set between 2015 and 2019, containing 17,863 observations of Korean exporting companies. A generalized least squares panel estimator with fixed effects was employed to test the hypothesis, and the statistical package, Stata 14, was used. Findings - Our main findings are as follows: As market diversity increases, export performance increases because exporters can diversify and reduce financial risks in export markets. However, the relationship between the two does not grow. As it peaks, the entry costs increase due to the high market diversity, thereby outweighing the benefits, leading, eventually to decrease in the export performance. Consequently, there is an inverted U-shaped relationship between market diversity and export performance. Originality/value - In the export and trade literature, the impact of market diversity on export performance has not been addressed yet, despite the importance of this subject. Many scholars have assumed a positive linear relationship between the two, considering only the decrease in market risks as the number of overseas markets increases, without examining the increase in the entry and management costs. Therefore, our study contributes by providing a new perspective for analyzing the characteristics and outcomes of market diversity.

The Effects of Logistics Competence in Korea Overseas Shipping Industry (국제해상운송업의 물류경쟁력 영향요인)

  • 박영근;공덕암
    • Journal of Korea Port Economic Association
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    • v.21 no.1
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    • pp.45-58
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    • 2005
  • The purpose of this study is to consider the problem on pursuit of logistics strategy by our international shipping company in international shipping business under the said circumstance due to the open international shipping market and to suggest the logistics strategy for the consideration of the logistics competition under new international shipping circumstances. The results of empirical analysis are mentioned as follows; First, it shall be considered to maintain the size of company bigger than a certain capability so that it may obtain the superior competition of logistics. Second, as there are the plus correlations between the competition of logistics and the logistic support, it is necessary to pursuit the upgrade service with using EDI system and making up the complex shipping and integrated logistics system in general. Third, with the rationalization of finance policy and the profitable management of shipping company the ratio of net worth can be raised and it can be achieved to make the sound financial structure as reducing the excessive debt ratio. Fourth, it can be effort continuously to perform the investment for the infrastructure of logistics support & the institutional supplement so that it may achieve to increase the efficiency of logistic support at pier and to reduce the cost of logistic support.

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The Price Elasticity in the Parcel Service Market by Benefit Segmentation (택배시장의 효익세분화에 따른 가격탄력성에 관한 연구)

  • Kim, Geun-Sub;Kwak, Kyu-Seok
    • Journal of Korean Society of Transportation
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    • v.22 no.2 s.73
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    • pp.7-18
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    • 2004
  • This study aims to present the establishment and necessity of the proper market segmentation by customer preference. In this study, benefit segmentation method was employed using conjoint analysis to measure price elasticity by segmented groups. It presents that the price elasticity is different by characteristic of customers using parcel service in this result. Benefit segmentation, therefore, may use some useful marketing tool when a parcel service company segments the market to provide better service.

Cold Chain Management in Pharmaceutical Industry: Logistics Perspective

  • Yoon, Yuri
    • Journal of Distribution Science
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    • v.12 no.5
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    • pp.33-40
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    • 2014
  • Purpose - This paper aims to review cold chain management, especially in the pharmaceutical industry, to explore the cold chain process of delivering temperature-sensitive pharmaceutical products, and to identify areas for further development. Research design, data, and methodology - The paper, based on literature review and corporate analysis, reviews the development and status of the cold supply chain system, including its important role in the pharmaceutical industry. Results - Logistics in this field requires more stages than are typically needed. Due to the unique characteristics of the market, few companies can provide the services; currently, only few global companies with large networks and high technologies can afford to do so. Expanding pharmaceutical markets to meet global demand will require cold chain development, especially in "pharmerging" markets. Conclusions - Cold chain is a highly sensitive market in terms of products being carried within the chain that itself is a complex system. However, at the same time, it is a niche market with new opportunities. Hence, a sound cold chain infrastructure is needed to satisfy companies, governments, and customers for both commercial and public reasons.

Infrastructure Investment for Enhancement of Global Competitiveness (국가경쟁력제고를 위한 SOC투자 방안)

  • Lee, Sun
    • Journal of the Korean Professional Engineers Association
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    • v.38 no.1
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    • pp.44-51
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    • 2005
  • A recent study conducted by KOTI reported that regional and urban read congestion costs in Korea are continually rising in the ranges between 3.1% thru 4.1% of GDP in the every respective year during the past 10 years. The report explicates that the congestion problem has motivated sharp raise of the logistics expenditure from 4.4% of GDP in the year of 1998 to 16% in the year of 2003. Even though, the government has allotted annual budget in the ranges between 2.7% and 3.7% of GDP to the SOC investment for the consecutive years of past decade, the amounts are however far less and insufficient to meet with social requirements and its demands. The cost of logistics has been excessively went up much higher rate than that of other industries and that of 9.6% in Japan and United States respectively It is obvious that the high logistics cost could be a detrimental factor to fierce emulation with others in the global trade market. Therefore it is an essential matter to eliminate or exclude all the probable sources that might cause or create extra costs on logistics. In consideration of such situation in Korea, the SOC investment with private capital could be a best cogitable scheme to acquire its prompt demand solutions and stimulate the emulation ability in the international trade market what's more betterment for all of our quality life in the near future.

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