• Title/Summary/Keyword: Shipping Lead Time

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A WMS Model Interfacing with Material Warehouse in Real Time in Puting Materials to Manufacturing Processes - in Automobile Parts Manufacturing Industry - (생산공정에 자재투입시 자재창고와 연동되는 WMS 모형 - 자동차 부품 제조업을 중심으로 -)

  • Kong, Myung-Dal
    • Journal of the Korea Safety Management & Science
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    • v.16 no.2
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    • pp.147-155
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    • 2014
  • This paper suggests a specific model that could efficiently improve the interaction and the interface between WMS(Warehouse Management System) terminal and PDA terminal through real time processing in manufacturing shop. The proposed model shows that the new method can more efficiently perform to reduce processing time for shipping and receiving, compared with the current approach. As a result of the certain test among the main server, WMS system, and PDA terminal, it is noted in case of the new proposed system that the effects of proposed model are as follows: (a) While the receiving lead time for carrying by the current method was 2 hours, the receiving lead time by the new method was 20 minutes. (b) While the shipping lead time for carrying by the current method was 1 hours, the shipping lead time by the new method was 15 minutes. (c) While the inventory rate of accuracy by the current method was 85%, the inventory rate of accuracy by the new method was 98%.

Shipment Management System Model for Efficient Management of Transferring Automobile Transmission Parts -In Automobile Parts Manufacturing Industry- (자동차 변속기 부품 이동의 효율적 관리를 위한 출하관리 시스템 모형 -자동차 부품 제조업을 중심으로-)

  • Kong, Myung-Dal
    • Journal of the Korea Safety Management & Science
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    • v.18 no.3
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    • pp.147-154
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    • 2016
  • This paper suggests a specific model that could efficiently improve the interaction and the interface between MES(Manufacturing Execution System) server and PDA terminal through RFID(Radio Frequency Identification) system and bar-code system in automative transmission shipment place of the finished assembly parts. The proposed model shows that the new method by RF-Tag system can more efficiently perform to reduce processing time and loading time for shipment, compared with the current approach by bar-code system. It is noted in case of the method by RF-Tag that the effects of proposed model are as follows; (a) While the shipping lead time per truck for carrying by the current method was 35 minutes, the shipping lead time by the new method was 15 minutes. (b) While the accuracy for carrying by the current method was 50%, the accuracy by the new method was 99%.

A Study on the Delivery Policy of Internet Bookstores (인터넷 서점의 배송정책에 관한 연구)

  • Kim, Ji-Pyo;Hong, Soon-Hyuk
    • IE interfaces
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    • v.16 no.spc
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    • pp.33-38
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    • 2003
  • In this paper we study the delivery policy of internet bookstores and recommend the improved policy to increase customer satisfaction and sales revenue. We classify customers into two, the price-sensitive and the delivery time-sensitive, and develop a new shipping method, the unhurried shipping, for the price-sensitive who are reluctant to pay shipping fee for the small purchase but willing to wait extra time for the ordered goods. The customers could get discount on shipping fee by the unhurried shipping but have to accept the longer delivery lead-time. We investigate the possible ways to reduce costs with the prolonged delivery time and show that some costs regarding shipmentand inventory could be saved in order to make up for additional shipping costs for the price-sensitive.

A Simulation-based Heuristic Algorithm for Determining a Periodic Order Policy at the Supply Chain: A Service Measure Perspective (공급사슬 내의 재고관리를 위한 모의실험에 기초한 발견적 기법: 봉사척도 관점)

  • Park, Chang-Kyu
    • IE interfaces
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    • v.13 no.3
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    • pp.424-430
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    • 2000
  • Supply chain management (SCM) is an area that has recently received a great deal of attention in the business community. While SCM is relatively new, the idea of coordinated planning is not. During the last decades, many researchers have investigated multi-stage inventory problems. However, only a few papers address the problem of cost-optimal coordination of multi-stage inventory control with respect to service measures. Even published approaches have a shortcoming in dealing with a delivery lead time consisted of a shipping time and a waiting time. Assumed that there is no waiting time, or that the delivery lead time is implicitly compounded of a shipping time and a waiting time, the problem is often simplified into a multi-stage buffer allocation and a single-stage stochastic buffer sizing problem at all installations. This paper presents a simulation-based heuristic algorithm and a comparison with others for the problem that cannot be decomposed into a multi-stage buffer allocation and a single-stage stochastic buffer sizing problem because the waiting time ties together all stages. The comparison shows that the simulation-based heuristic algorithm performs better than other approaches in saving average inventory cost for both Poisson and Normal demands.

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Studies on the Larger Ship Being Built in the Current Container Shipping Market (컨테이너 선대의 대형화추세에 대한 고찰)

  • 김진환
    • Journal of Korea Port Economic Association
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    • v.21 no.1
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    • pp.1-21
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    • 2005
  • It has been more recent trends in container trade to make bogger ship from shipowners that many more parties concerned are getting involved. Well, it is natural to swift these situations if we have looked into container trade market in present time, which a lot of trade volumes has increased in world economy. Thus, supply side of shipping service needs to employ more capacity in the shipping market, then newbuilding may be compulsory options, that is deployment of larger ships. To cope with market situations as able shipowner, some alternatives can be also adopted, such as newbuilding, chartering and securing the space by strategic alliance. But whatever he does, shipowner has to keep in mind to prepare for the future. This is much more important factor considered to make investment decision in case of newbuilding and then he can make more efficient decision as well. However, there has been a little problems arisen due to larger ship employed on the trade route, which is linked with seaport, shipping companies and freight rates as well. Although shipowner decides to build new larger vessel as one of corporate strategic decision, there are many questions to be considered in advance. Therefore, in order to take more efficient decision, shipowner has to take into an account various situations surrounded, and then it can lead truly thoughtful decision making process.

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The Nationality Effect of Price Discrimination in the Container Shipping Market and Its Implications for Development Economics: Treating Hanjin Shipping's Collapse as a Natural Experiment

  • Ko, Byoung-Wook
    • Journal of Korea Trade
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    • v.24 no.6
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    • pp.115-134
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    • 2020
  • Purpose - International trade leads to the international division of labor, improving the efficiency of the global economic system. Transport costs are a more serious barrier to international trade than customs tariffs. An increase in competition in the transport sector may thus lead to a reduction in transport costs. However, if a carrier's nationality significantly influences transport costs, simply adding more competing carriers of different nationalities would be ineffective. Therefore, it is necessary to establish national or regional carriers to influence competition and reduce transport costs. This study investigates this "nationality effect" by treating Hanjin Shipping's collapse as a natural experiment. Design/methodology - The theoretical basis of this study is the 3rd-degree price discrimination in container shipping market. By using the monthly data of container freight rates of Korea, China and Japan, this study shows the so-called Korea Premiums, which are the empirical counterparts of nationality effect in Korea container shipping market. For this empirical investigation, the structural model with state-space form is used and the dummy models are also estimated. In addition, because China has been also affected by the Hanjin's collapse, the China premiums are considered too. Findings - Compared with Japan's case, it is shown that there had been the so-called Korea premiums since the collapse of Hanjin Shipping. These results are robust from both the state-space model and dummy models. The time pattern of Korea premiums was consistent with the market evolution, especially the pattern of substitutability in container shipping markets. In addition, this paper shows the magnitude of Korea premiums. Originality/value - The argument of this study that the nationality effect can be interpreted as an extended concept of the home market effect is original, which is expected to evoke future research efforts. Further, the discussion on the shipping industrial policy from both horizontal and vertical aspects will provide the relevant policy makers with solid information, especially for the policy coordination in a global scale.

A Case Study on Application of Blockchain Technology in Shipping Industry (해운산업에서의 블록체인 기술 적용사례에 관한 연구)

  • Ryu, Yeong-Soo;Chang, Myung-Hee
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2018.05a
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    • pp.129-130
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    • 2018
  • In shipping logistics, despite the fact that it has promoted the information processing process, the use of the document exchange mechanism has caused a problem of increasing the cost and lead time. In recent years, various types of projects are in progress in preparation for full-scale introduction of a blockchain technology capable of solving the document exchange mechanism in the shipping industry, In near future, by expanding the practical application scope, it is aiming to increase competitiveness through transparency, reliability, stability, and efficiency, which are the effects of application of the block chain technology.

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A Study on RFID Based Biz-Model for QoS Guarantee for Container Terminals (RFID를 활용한 컨테이너터미널의 QoS 보장을 위한 비즈니스 모델 연구)

  • Park Doo-Jin;Park Jin-Hee;Kim Hyun;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.3 s.109
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    • pp.211-217
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    • 2006
  • In recent years, the pileup of world ports is deepening as time goes by due to China effect and continuous increase of world trade volume. The shipping companies try to reduce their shipping cost by using mega vessels in the ports. Shipping companies consider most of the ships turnaround time as a critical factor when selecting a calling port for reducing cost. This paper will suggest how we can guarantee terminal QoS like ship waiting time ratio and ship residing time applying RFID(Radio Frequence IDentification) technology, raising up rapidly as a fundamental solution of new growing industry to port information system. Also, lead time of whole port logistics can be decreased for reduction of loading & discharging time and result from productivity improvement of Twin-lift G/C(Gantry Crane} as applying RFID technology to terminal operation. The purpose of this paper suggests that the new business model of U-Port which port QoS can be guaranteed using RFID based RTLS technology.

An Empirical Study for the Safe and Effective Operations in Membrane LNG Ships focused on the Tank Cool Down

  • Gim, S.G.;Kim, S.W.
    • 유체기계공업학회:학술대회논문집
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    • 2005.12a
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    • pp.566-572
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    • 2005
  • The most crucial factor in membrane LNG ships to ensure sage operations, is how to effectively control tank pressure at the time of excessive generation of boil off gas (BOG). When the ships carry out tank cool down with her retaining heel prior to arrival at loading port, the vessel encounters the critical situation of excessive BOG and high tank pressure that can lead to high degree of risk. This is to provide one of the best ways to secure safe and effective LNG ship operations focusing on the detailed methods of tank cool down to achieve ATR(Arrival Temperature requirement) without building up high tank pressure and excessive BOG and calculating the appropriate heel quantity to be unutilized for tank cool down and fuel during ballast voyage.

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RFID-Based RTLS for Improvement of Loading Productivity in Container Terminals

  • Park, Doo-Jin;Nam, Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.4
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    • pp.285-290
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    • 2006
  • Shipping companies consider most of the ship turnaround time as a critical factor when selecting a rolling port for reducing costs. So, many researchers have been studying for the optimization of preplanning and high~performance of the Gantry Cranes (GCs) in container terminals for faster loading and unloading. Therefore, in this paper, we propose an RFID (Radio Frequency Identification) based RTLS (Real-Time Location System) for reducing the ship turnaround time in ubiquitous port environment. In addition, pre-planning based on ubiquitous computing environment will support the GC and Yard Tractors (YTs), and reduce ship turnaround time more effectively. Especially, the proposed method enormously enhances the productivity of loading for the twin-lift system It will reduce the whole lead-time in the process of port logistics.