• Title/Summary/Keyword: Logistics Risk Management

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Navigation safety domain and collision risk index for decision support of collision avoidance of USVs

  • Zhou, Jian;Ding, Feng;Yang, Jiaxuan;Pei, Zhengqiang;Wang, Chenxu;Zhang, Anmin
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.13 no.1
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    • pp.340-350
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    • 2021
  • This paper proposes a decision support model for USVs to improve the accuracy of collision avoidance decision-making. It is formed by Navigation Safety Domain (NSD) and domain-based Collision Risk Index (CRI), capable of determining the collision stage and risk between multiple ships. The NSD is composed of a warning domain and a forbidden domain, which is constructed under the constraints of COLREGs (International Regulations for Preventing Collisions at Sea). The proposed domain based CRI takes the radius of NSD in various encounter situations as threshold parameters. It is found that the value of collision risk in any directions can be calculated, including actual value and risk threshold. A catamaran USV and 6 given vessels are taken as study objects to validate the proposed model. It is found that the judgment of collision stage is accurate and the azimuth range of risk exists can be detected, hence the ships can take direct and effective collision avoidance measures. According to the relation between the actual value of CRI and risk threshold, the decision support rules are summarized, and the specific terms of COLREGs to be followed in each encounter situation are given.

A Study on the Trade Insurance System through Risk Management of Trade Payment of Korea's Export and Import Manufacturing Companies (한국수출기업의 무역대금결제의 위험관리에 따른 무역보험제도에 관한 실증적 연구)

  • Kim, Chang Bong;Park, Se Hwan;Kwon, Seung Ha
    • International Commerce and Information Review
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    • v.19 no.2
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    • pp.213-236
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    • 2017
  • World trade has entered a stagnant state, protection trade measures are spread due to delayed economic recovery in developed countries, sluggish investment in emerging economies such as China, economic recession in resource exporting countries, and geopolitical and political uncertainties along with the election period in the US and other major industrialized countries. Thus, in the economic structure of our country with a focus on export, for small and medium enterprises to grow, efforts for having various markets are necessary. The importance of the trade insurance system, which can support the risk management of enterprises, is emphasized by the fact that the majority of SME exporters have a risk management level and a lack of corporate capacity to enter the global market. This study was surveyed with 87 small and medium export companies in South Korea. The purpose of this study is to verify the effect relationship how service quality of trade insurance and utilization of trade insurance impact on the risk management of trade payment and export performance. The research hypothesis and model was derived from the basis of existing theory and empirical research, and obtained the following results. Firstly, Service Quality of Trade Insurance showed positive (+) effect on Export Performance. Secondly, Utilization of Trade Insurance showed positive (+) effect on Risk Management of Trade Payment. Thirdly, Risk Management of Trade Payment showed positive (+) effect on Export Performance. This study is differentiated from previous research information by empirically evaluating the relationship between the risk management of trade payment and export performance through utilization of trade insurance. This study contributed to academic by examining the research on the risk management of trade insurance and also practically suggested the direction how small and medium export company is to take the advantage of the trade insurance.

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A study on the factor analysis of ERP system construction for small and medium enterprise using AHP -third logistic small and mediun partner company approach- (AHP를 통한 중소기업 ERP 구축을 위한 인지도에 관한 분석 -3자 중소물류협력사 중심으로-)

  • Kim, Ki-Hong;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.14 no.1
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    • pp.147-154
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    • 2012
  • The medium and small logistic companies that have an outsourcing contract from the large corporation are encountered with a problem to introduce the ERP system to their current business environment due to following risk of change in current business environment, high cost involved in investment, and lack of understanding of business requirement of ERP. Instead of build their own ERP system, the small and medium logistic companies are using the large corporation's ERP system and get the benefit of efficiency in management and control process. Therefore, it is more like the organization hierarchy, not collaboration between the medium and small companies with the large corporation. In this study, the survey method to find out how the medium and small logistic companies understand the importance of ERP system on continuous growth of business by AHP. as result, they are recognized. The benefit of the ERP system as having much effect on business competitiveness.

A Study on the Trade Risk Management of Korean Companies in Incheon Area Trading with China (인천지역 무역업체의 중국과의 무역리스크 관리에 관한 연구)

  • Shim, Sang-Ryul;Bae, Sang-Pil;Wang, Tian-Jiao
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.513-536
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    • 2012
  • This study aims to examine the status and problems of trade risk management of Korean companies in Incheon area trading with China and to suggest some improvement measures. On the survey with twenty five questions on company profiles, business process and transactions, claims and trade risks, etc. with Chinese trading partners, the following facts are found. In general, Chinese policies on foreign trade, finance, labour, investment, etc. and China's logistics system have caused great worries to Korean companies in Incheon area. This kind of risks from Chinese government policies and China's economic structure are beyond control of each company. Korean government should take more effective measures to negotiate with Chinese government. In the stage of contract, procurement and transportation, settlement, disputes resolution and etc. Korean companies in Incheon area also have many problems with relatively high risks with Chinese trading partners. Based on these survey results, some suggestions for better trade risk management are given.

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Safety of Train Passengers in a Tunnel

  • Kim, Dong-Jin;Moon, Dae-Seop;Moon, Seong-Am;Hwang, Young-Ha
    • Journal of the Korean Society for Railway
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    • v.10 no.1 s.38
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    • pp.16-21
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    • 2007
  • Along with the opening of the high speed railroad in 2004, the number of long tunnels constructed is increasing and will be continued. In this respect, the fro inside the tunnels is a main cause of drastic damages to both facilities and lives of passengers on board, especially more severe consequences are expected if the fire occurs on a train in urban area. Even though, the threat to human lives due to the increasing number of tong tunnels and increasing train operation times inside such tunnels is getting bigger, the studies to measure safety of the tunnel and to enhance the safety of passengers have not been carried out enough in Korea. Therefore, in this paper, we will use the probabilistic method to predict the average number of deaths of passengers in case of fire on a train iii tunnel, and show the potential risk to passengers which can be a guide for safer design of tunnels to be constructed.

An Analysis of Factors Affecting Accidents at a Container Terminal in Busan, Korea (부산 컨테이너 터미널에서의 작업 중 사고발생에 대한 요인 분석)

  • Hyunju Shin;Jae Hun Kim;Gunwoo Lee
    • Korea Trade Review
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    • v.45 no.6
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    • pp.45-54
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    • 2020
  • Occurrence of accidents at a container terminal results in casualties and damages of equipments which are involved in the accidents, and affects the terminal operation. Therefore, analyzing factors affecting occurrence of accidents at a container terminal is important for efficient operation of the terminal. Most of existing studies analyzing factors of accidents have performed in a land transportation field. And most of existing studies in a maritime field have focused on developing risk assessment methods, rather than identifying factors of accidents. This study aims to analyze the factors affecting the damage level which was resulted from accidents at a container terminal in Busan, Korea. After a basic statistical analysis of the accident dataset which was occurred in the terminal, a linear regression model is applied to identify the factors which affect the damage level resulted from the accident. As a result of analysis, it is found that the more number of equipments, facilities and containers damaged from the accidents positively affect the damage level from the accidents, as well as dozing during working. The results of this study are expected to be a basic for developing safety management.

Impact Analysis of Construction Delay: The Case of Defects In the Top-down Construction Method

  • Suk, Janghwan;Kwon, Woobin;Soe, Jang-woo;Cho, Hunhee
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.213-221
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    • 2022
  • Defects are the risk factors in the construction process of buildings. They cause damage, delaying the construction duration. They especially cause adverse effects on the top-down construction method. This study analyzed the degree of construction delay induced by each work type, focusing on defects in the top-down method. Then, we derived construction delay induction coefficient from different work types in order by using the severity of construction delay per defect and the occurrence probability of defect; this assessment model measures the impact of defects on construction delay for each work type. Furthermore, by comparing each work type based on the defect frequency and the construction delay induction coefficient, we found work types that need to be administered attentively. We identified that plastering work was easy to overlook, requiring caution in defect management. This study provides an efficient defect management system suitable for the buildings that are built using the top-down construction method.

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Methodology of Calibration for Falling Objects Accident-Risk-Zone Approach Detection Algorithm at Port Considering GPS Errors (GPS 오차를 고려한 항만 내 낙하물 사고위험 알고리즘 보정 방법론 개발)

  • Son, Seung-Oh;Kim, Hyeonseo;Park, Juneyoung
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.19 no.6
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    • pp.61-73
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    • 2020
  • Real-time location-sensing technology using location information collected from IoT devices is being applied for safety management purposes in many industries, such as ports. On the other hand, positional error is always present owing to the characteristics of GPS. Therefore, accident-risk detection algorithms must consider positional error. This paper proposes an methodology of calibration for falling object accident-risk-zone approach detection algorithm considering GPS errors. A probability density function was estimated, with positional error data collected from IoT devices as a probability variable. As a result of the verification, the algorithm showed a detection accuracy of 93% and 77%. Overall, the analysis results derived according to the GPS error level will be an important criterion for upgrading algorithms and real-time risk managements in the future.

Analysis of Stock Price Increase and Volatility of Logistics Related Companies (물류관련 기업들의 주가 상승률과 변동성 분석)

  • Choi, Soo-Ho;Choi, Jeong-Il
    • Journal of Digital Convergence
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    • v.15 no.2
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    • pp.135-144
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    • 2017
  • This study is to identify the growth rate and volatility of logistics related firms in the stock market. To do this, we used monthly data for 197 years from June 2000 to October 2016 by selecting KOSPI and Transport & Storage(T&S), KOSDAQ, Transportation(TRANS) index. The purpose of this study is to compare the T&S and TRANS stock index returns with the KOSPI and KOSDAQ index. And we are to judge whether the development potential of the logistics industry and the value of the investment of related companies in the future is high. For this purpose, we will analyze the basic statistics, correlation and growth rate of each index, and compare T&S and TRANS with market returns. Analysis result, for the past 197 months logistics related T&S and TRANS have been higher than market returns. The correlation was highly related to TRANS and T & S in KOSPI, but it was not related to KOSDAQ. TRANS represents high risk and high return, while KOSDAQ represents high risk and low return market. TRANS is considered to be an efficient investment. We expect the future development of logistics related industries and T & S and TRANS to show a high rate of increase compared to the market returns.

A Study on DMSMS Management for Weapon systems (무기체계 특성을 고려한 부품단종 관리방안에 대한 연구)

  • Park, Kyoung-Deok;Rhee, Jong-Moon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.11
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    • pp.5866-5871
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    • 2013
  • DMSMS(Diminishing Manufacturing Sources and Material Shortage) of weapon systems is caused by required increase in system life cycle and reduction of military electronic parts market share. This problem causes serious problems about Combat readiness and Life-cycle cost. In this paper, we review the method for managing the DMSMS and then suggest effective alternatives to reduce the risk of DMSMS for weapon systems, such as systematic DMSMS management system and quantitative design refresh planning considering the DMSMS.