• Title/Summary/Keyword: Logistics policy

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A Study on the Analysis of Management Characteristics of Coastal Port Freight Transportation Business Using Panel Regression Analysis (패널회귀분석을 이용한 내항 화물운송사업체의 경영특성 분석에 관한 연구)

  • Kim, Suk;Park, Sung-Hoon;Yang, Tae-Hyeon;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.17 no.3
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    • pp.79-92
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    • 2019
  • This study analyzes the effects of freight transportation income, capital, asset, non-operating expenses, and debt ratio on the debts of inner port freight transportation businesses through the GLS of panel regression analysis and the estimation of fixed effects model. The factors and hypotheses were established through a theoretical background review, and the financial statement and profit and loss data of inner port freight transportation businesses for 10 years from 2006 to 2015 were analyzed. The results showed that assets had positive effects on debts, and negative effects on capital, non-operating expenses, and debt ratio, but no effect on freight transportation income. This result empirically demonstrates the tendency of inner port freight transportation businesses to secure assets by increasing debts, creation of debt reduction leverage effect using non-operating expenses such as interest expenses through bank borrowing, and the adoption of management characteristics and financial operation method to lower the debt ratio by reducing capital more than debts. In future studies, it is necessary to analyze coastal port freight transportation business by industry (oil tankers, cargo ships, and barge ships), and regions such as East, West and South sea.

The Characteristics of South Korea's New Northern Policy and Cooperation with Eurasia Countries' Initiatives Focused on China, Mongolia and Russia (한국 신(新)북방정책과 유라시아 주요 국가와의 협력방안 모색 - 중국, 몽골, 러시아를 중심으로 -)

  • Song, Min-Geun
    • Journal of Digital Convergence
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    • v.17 no.7
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    • pp.1-13
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    • 2019
  • The purpose of this study is to examine the main features of South Korea's New Northern Policy and to make some suggestions for cooperation with neighboring countries' initiatives. The New Northern Policy encompasses the whole of Eurasia, but the starting development area would be the border region of the Korean Peninsula. In this viewpoint, this study examines the Belt and Road Initiative of China, the New Eastern Policy of Russia and the Steppe Road Initiative of Mongolia, and presents the characteristics, problems and some implementation strategies of the New Northern Policy. Apart from the future possibilities of the regional cooperations that include North Korea, it would be necessary for South Korea to secure and expand the possible opportunities for "Korea-China-Mongolia-Russia" cooperation. In order to create a close cooperative environment with North Korea in the future, it would also be necessary to build a maritime route, with port development around major border regions on the Korean Peninsula, including Russia, and to develop the port-railway intermodal transportation system with neighboring countries. South Korea need to actively cooperate with neighboring countries to develop the new Eurasia logistics routes would be more favorable to the Korean Peninsula in preparation for the time when the North Korean nuclear issue will be resolved.

The Variation of Industrial Location Demand by Changing Policy of Seoul Metropolitan Area (수도권 정책변화에 따른 산업입지 수요의 변동)

  • Lee, Hyeon-Joo;Kim, Mi-Suk
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.3
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    • pp.286-306
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    • 2011
  • Based on the announcement by the National Competitiveness Council in 2008, this study analyzed the direction of the changing policy in Seoul Metropolitan Area promoted by the current government and to inquire into such the effect, research was done to study the changes in space demand by companies which respond sensitively to changes in regulation in Seoul Metropolitan Area. In addition, the effect of Seoul Metropolitan Area policy on company location is explored while company location changes and changes in direction of space demand due to easing of regulation in Seoul Metropolitan Area by the current government are examined. Research methods utilized empirical analysis and survey analysis. Empirical analysis utilized statistical data since 1980's. For survey analysis, the effect of changing policy in Seoul Metropolitan Area, which is an exogenous shock, on decision making of the enterprise is considered to derive the direction of demand for company manufacturing lots. The results of the study showed that decision for company location or factory size has been affected greatly by Seoul Metropolitan Area policy and domain regulation and institution to restrict permission area of a manufacturing building from the law of improvement plan of the Metropolitan area were the biggest regulatory policies. Due to easing of regulation in Seoul Metropolitan Area by the current government, the demand for manufacturing lot is expected to increase. In particular, the demand for manufacturing lot is expected to increase centered around Seoul Metropolitan Area and Chungcheong province while demand is expected to decrease in Gangwon province. The reason is because company preference is high for the Seoul Metropolitan Area which has the best transportation/logistics and market conditions in Korea. But in the case of Southeast region and Daegyung region that form exclusive economic zones, changing policy in Seoul Metropolitan Area has little impact. In the case of Seoul Metropolitan Area, demand increase does not occur in the entire area but instead, demand is expected to increase in growth management zones.

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Investigation of Military Foodservice Operation (군대급식 취사장 운영 현황 조사)

  • Baek, Seung-Hee;Kim, Young-Shin
    • The Korean Journal of Food And Nutrition
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    • v.23 no.4
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    • pp.615-622
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    • 2010
  • The present study attempted to investigate the military foodservice operation by conducting survey to foodservice managers. Surveys for managers of military foodservice operations were conducted in November, 2008 by visiting Consolidated Army Logistics School located in Daejeon during the time of training. Surveys for military foodservice officers and dietitian were sent by mail. The questionnaire was composed of the questions asking the general operation of military canteen, the self-concious specialty of military foodservice, and the needs assigning dietitian to each military unit. From the results of this study, it came up with the needs to draw up the plan to improve the foodservice specialty of canteen managers. One of the solution would assign dietitian to each military foodservice unit. Also, the facilities need to be equipped for various way of cooking to improve the satisfaction of soldiers. The results of this study would provide the data for making policy as well as arose academic interest to military foodservice.

Analysis on the Effectiveness of Capacity Pooling Under Game Situation (게임상황하에서 Capacity Pooling 효과에 관한 연구)

  • Nam, Yoon-Jin;Yoon, Bong-Kyoo
    • IE interfaces
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    • v.25 no.4
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    • pp.431-440
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    • 2012
  • Since pooling is a popular scheme in many areas to attain operational excellence, many researchers investigated the performance of pooling systems. However, rare research could be found on pooling with game situation which has much applicability to real world phenomenon. We analyze the performance of noncooperative pooling system with two servers having different sharing capacity. We investigate the sensitivity of the advantage of capacity pooling on the variation of system parameters, including sharing capacity numbers, pooling probability, pooling strategy and traffic intensity. As a result, we suggest an efficient control policy which facilitate the performance of pooling in a game situation.

Air Pollution Reduction Strategies of World Major Ports

  • Han, Chul-Hwan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.48
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    • pp.27-56
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    • 2010
  • Pollution emissions from international shipping and port activities have a significant impact on public health and global climate changes. The purpose of this paper is to review the status of pollution mitigation measures implemented to date in port industry and find out some implications for Korean ports. For this aim, the clean air strategies of the world major ports including six USA ports (Los Angeles/Long Beach, Now York/New Jersey, and Seattle and Tacoma), two European ports (Rotterdam and Gothenburg) and Busan Port were considered. Various measures to reduce emission from ports are evaluated by sectors-ocean going vessels, cargo handling equipments, truck and rail-, on the basis of categories such as reduction control technologies, operational changes and market-based measures. The policy implications of this paper are as follows. First, Clean Air Act Plans of Korean ports are required as soon as possible. Second, integrated approach is required to reduce emission effectively. Finally, the effect of port-related emission reduction can be maximized when various measures are conducted on a regional basis including neighboring ports. Furthermore, regional or global-based approach is useful to guarantee the level playing field among ports.

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Review of Studies on V-METRIC Related Models (V-METRIC 관련연구들에 관한 고찰)

  • Kim, Yoon Hwa;Lee, Sung Yong
    • Journal of the Korean Society of Systems Engineering
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    • v.12 no.2
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    • pp.47-57
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    • 2016
  • As the inventory costs of repairable items in military logistics continue to increase, many studies for optimal inventory level of these items are being carried out in advanced countries, including the US, to reduce these costs. Research on inventory level optimization for repairable items aimed to achieve the availability goal of a system with a MIME(Multi Indenture Multi Echelon) repair policy structure first began with Sherbrooke's METRIC and developed into various types. This research is to analyze and compare recent V-METRIC related studies to search for another variation in this field. This paper mainly looks at how to determine optimum inventory level for each repairable item to achieve a specific availability target within a limited budget, and also how to minimize inventory cost while achieving its availability target by determining optimal inventory level of each repairable item.

The Impact of Capacity Flexibility in a Rental Operation on the Financial Performance (렌탈 운영에서 용량 유연성 확보가 기업의 수익성에 미치는 영향)

  • Kim, Eungab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.153-165
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    • 2014
  • We present a new framework for rental capacity management in which rental capacity is dynamically managed by means of temporary inventory addition/return. While serving customers with its own (native) capacity, the rental firm rents additional rental capacity from an upper echelon rental company so that it can avoid lost sales which may occur when stock is not sufficient, and returns it when stock becomes sufficiently large enough to cope with demands. Formulating the model as a Markov decision process, we investigate a flexible capacity addition/return policy that maximizes the firm's profit with respect to system costs. Numerical study indicates that rental operation with capacity addition/return can be economically favorable over rental operation without capacity expansion/return and can contribute the reduction in the size of native rental capacity.

A Study on the Improvement of Agricultural Marketing System (농산물 유통구조 개선에 관한 연구)

  • 기재석
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.48
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    • pp.263-268
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    • 1998
  • An efficient agricultural marketing system is very important to producers and consumers to keep the reasonable prices. In these days, the main policy for the efficient agricultural marketing system is to enlarge the direct transaction market. But it is not easy to enlarge the direct transaction market in a few years. This paper proposes a new efficient agricultural marketing system that gives a similar effect with the direct market. The proposed system is mainly composed of three associations; producers', consumers' and retailers'association, and the function of the system is devided into material affairs and commercial affairs. The structure of the system also can be simplified as two to three steps. So the system can reduce the cost of logistics and keep the reasonable prices for both producers and consumers.

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A study of inventory policy selection in fourth party logistics environment (제 4자 물류환경에서 물류센터의 재고정책 선택에 관한 연구)

  • 이수권;김기범;정봉주
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.708-716
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    • 2003
  • 공급사슬의 구조가 복잡해지고 고객의 수요가 다양해지면서 공급사슬에서의 물류기능은 점점 중요시 되고 있다 지금까지의 생산자는 전체 물류의 $50\%$ 이상을 제 3자 물류 업체를 통하여 수행하였다 그러나 최근 대두되고 있는 제 4자 물류환경에서는 물류센터가 물류컨설팅기능까지 수행함으로써 더 효율적인 물류를 수행하는 것을 목표로 한다. 이러한 환경에서 공급사슬 내의 물류센터는 단순히 제품의 배송 및 보관, 조달 업무를 수행하는 단계로써의 역할이 아닌 독립적으로 이윤을 추구하는 기업의 형태로 존재하게 된다. 따라서 제 4자 물류환경에서의 물류센터는 제품의 다양한 특성 및 수요의 패턴에 따라 효율적인 재고정책 선택과정이 필요하다. 그러나 기존의 연구에서 제시하고 있는 재고정책을 현실에 적용하기에는 한계가 있다. 이에 본 연구에서는 제 4자 물류 환경에서의 물류센터 시스템 구조와 다양한 제품특성 및 물류환경을 고려한 재고정책 선택모델을 제시한다. 수치예제를 통해 제안한 모델의 타당성 및 제 4자 물류시스템의 기대효과를 제시한다.

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