• Title/Summary/Keyword: Small Medium Enterprises

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Product Characteristics, Market Competitive Strategies, and SMEs Performance: Testing Their Relationships

  • HARJADI, Dikdik;YUNIAWAN, Ahyar;ABDURRAHMAN, Agus;DANANJOYO, Radyan;FILATROVI, Eldes Willy;ARRANIRI, Iqbal
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.613-620
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    • 2020
  • COVID-19 pandemic has made the economy in Indonesia sluggish, especially Small and Medium Enterprises (SMEs). Simultaneously, the SMEs existence in Indonesia is fundamental and considered important by the government since it is able to assist numerous laborers and become an income source for the lower and middle classes of the community. The productivity of SME in a region will undeniably influence the availability of job and, of course, reduce the number of unemployed. Therefore, in this study, the researchers looked at how to improve SMEs performance to continue to exist amid the COVID-19 pandemic, by identifying the relationships between product characteristics, market competitive strategies, and the performance of SMEs. The research was done on SMEs in West Java, Indonesia. The example employed was Batik SMEs in Cirebon with at least 10 years in existence, and the total number of these SMEs was 165. As the basis of a quantitative approach, this study employed survey instruments by distributing a questionnaire. In analyzing the data, it utilized the structural equation modeling (SEM). The result showed a significant relationship between Product Characteristics, Market Competitive Strategy, and Price and Product Success Rate on SMEs Performance. This study's findings contribute to the SMEs performance literature.

Certification of Quality Management System and Firm Performance: An Empirical Approach based on the Experiences of Small and Medium Enterprises (SMEs) in Korea (중소기업의 품질경영시스템 인증성과에 관한 실증연구)

  • Kim Stephen In-Ho;Choi Gul-Sung;Ku Daniel Tae-Yong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.1
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    • pp.15-24
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    • 2007
  • This paper attempts to identify empirically whether the certification of Quality Management System affects positively to firm performance using the sample sets of 200 SMEs in Korea who have adopted ISO 9000 majoring in the domestic markets as well as the overseas markets. The empirical study has been done on the assumptions and the hypothesis that the certification itself can conceptually and practically be considered an effective tool to improve the level of standardization of quality management system, and it would result in higher productivity and good corporate image by enabling firms to strengthen up their capabilities to achieve competitive advantage. The empirical findings show that the ISO 9000 has positively contributed to not only obtaining competitive advantage but also bringing about a superior firm performance as it would be, making sure that the certification itself would be used as a powerful tool for good management. This study also pinpoints that the success/failure in introducing & adopting the certification depends highly upon the managers' interests and concerns, especially the CEO's.

Direct Teaching and Playback Algorithm for Peg-in-Hole Task using Impedance Control (펙인홀 작업을 위한 임피던스 제어 기반의 직접교시 및 재현 알고리즘)

  • Kim, Hyun-Joong;Back, Ju-Hoon;Song, Jae-Bok
    • Journal of Institute of Control, Robotics and Systems
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    • v.15 no.5
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    • pp.538-542
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    • 2009
  • Industrial manipulators have been mostly used in large companies such as automakers and electronics companies. In recent years, however, demands for industrial manipulators from small and medium-sized enterprises are on the increase because of shortage of manpower and high wages. Since these companies cannot hire robot engineers for operation and programming of a robot, intuitive teaching and playback techniques of a robot manipulator should replace the robot programming which requires substantial knowledge of a robot. This paper proposes an intuitive teaching and playback algorithm used in assembly tasks. An operator can directly teach the robot by grasping the end-effector and moving it to the desired point in the teaching phase. The 6 axis force/torque sensor attached to the manipulator end-effector is used to sense the human intention in teaching the robot. After this teaching phase, a robot can track the target position or trajectory accurately in the playback phase. When the robot contacts the environment during the teaching and playback phases, impedance control is conducted to make the contact task stable. Peg-in-hole experiments are selected to validate the proposed algorithm since this task can describe the important features of various assembly tasks which require both accurate position and force control. It is shown that the proposed teaching and playback algorithm provides high positioning accuracy and stable contact tasks.

An Empirical Study on the Influence of Environmental, Organizational, IS Characteristics on Successful Implementation of ERP Systems (환경, 조직, 정보시스템 특성이 ERP시스템의 성공적 구축에 미치는 영향에 관한 실증연구)

  • Moon Tae-Soo;Seo Ki-Chul
    • The Journal of Information Systems
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    • v.15 no.1
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    • pp.73-96
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    • 2006
  • Recently, ERP system is used as a important tool of management innovation for enterprise's survival and development. It is very important to recognize how much influence to organizational performance through ERP system implementation. The purpose of this study is to find out the impact of environmental, organizational, information systems characteristics on successful implementation of ERP systems in Korean SMEs(Small and Medium Enterprises). From previous researches on ERP adoption and implementation, 7 independent variables (competitiveness, government support, top management support, process innovation, project management, IS maturity, and ERP customizing), and 1 dependent variables (successful implementation of ERP systems) are identified. 3 questionnaires were removed from the study because of missing or inappropriate responses, and final samples are 91 SMEs. The results of hypothesis testing show that determinants of successful implementation of ERP systems are top management support and IS maturity. Five variables such as competitiveness, government support, process innovation, project management, and ERP customizing do not significantly influence to successful implementation of ERP systems. The contribution of this study is that it provides an empirical evidence of the causal relationship between ERP adoption factor and ERP success. This study showed that top management support and IS maturity are essential to accomplish successful ERP implementation for SMEs.

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The Future of Cleaner Production Technologies and Regional Eco-Innovation Strategy (청정생산기술 방향과 지역에코혁신 추진 전략)

  • Kim, Jae Youn;Kim, Namkyu
    • Clean Technology
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    • v.22 no.4
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    • pp.316-325
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    • 2016
  • Ever since the concept of clean production technology was introduced to the Korea industry communities, 16 years has passed, but there is still some confusion regarding to the definition and the meaning. It ascribes that SMEs do not widely accepted the concept and therefore the dissemination is still not widen. This study has explored the definition and the categories of clean production technologies as well as compared the relationship between the environment technology and green technology.In addition, as a policy plan to disseminate cleaner production technologies to small and medium enterprises, several policies are suggested hoe to improve and expand eco- innovation projects that are currently supported by the government.

A Study on the Forward Method of "Single PPM Quality Innovation" for Special types : Focused on Mold Industry (특수 업종에서의 "싱글PPM 품질혁신" 추진 방법에 관한 연구 : 금형산업을 중심으로)

  • Kim, Tae-Min;Shin, Hyun-Jae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.4
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    • pp.85-95
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    • 2007
  • Single PPM Quality Innovation activity made a great contribution to strengthening the quality competitiveness and the international competitiveness for the domestic small and medium enterprises. But it doesn't work to companies that deal with the particular products for the difficulties during the promotion and the business management. Then, SQ-Mark, which is currently adopted to domestic automobile companies, was benchmarked and studied for its accessibility and solutions. Quality Innovation activity in the particular industry is requested to conduct the confirmation and the inspection in deeper level caused by the specialty of product itself, product engineering manufacturing processes. This study improved 6 steps of the Single PPM activity so that the Single PPM Quality Innovation activity is progressed well for the Mold industry especially among the particular industries. It shows the improvement to the management of the delivery schedule, which has been problematic, if adopted to the relating industries based on this study, it is anticipated to help the corporate operation much.

Mechanical Load Performance Measurements of a Low Temperature Differential Stirling Engine with Water-Sprayed Heat Transfer according to Supply Water Flow Rates and Temperatures (스프레이 열전달을 이용한 저온도차 스털링 엔진의 고온수 공급 유량 및 온도에 따른 기계 부하성능 실험)

  • Sim, Kyuho;Jeong, Min-Seong;Lee, Yoon-Pyo;Jang, Seon-Jun
    • The KSFM Journal of Fluid Machinery
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    • v.18 no.1
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    • pp.29-36
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    • 2015
  • Recently, Stirling engines are emerging as a key device for power conversion of renewable energy or waste energy. This study develops a LTDSE(Low Temperature Differential Stirling Engine) using a water spray for higher heat transfer and performs load performance tests for various flow rates and temperatures of hot water spray for variable engine loads emulated by a mechanical friction device. Internal temperature and pressure, working frequency and inlet and outlet temperature of the supply water are measured. As a result, the increases in flow rate and temperature of hot water respectively enhance the power output, efficiency and the working frequency, while the increasing engine load leads to decreases in working frequency but increases in the pressure amplitude. Eventually, it is revealed there exists a maximum shaft power of the test engine.

Flexible Working Arrangements: A Case Study of IT-SMEs in Thailand

  • Tanlamai, Intara
    • Journal of Information Technology Applications and Management
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    • v.24 no.3
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    • pp.23-49
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    • 2017
  • This paper is part of the dissertation for an MSc in Project Management and Innovation of Strathclyde Business School The research aims at understanding how IT-SMEs (Small and Medium-sized Enterprises in Information Technology Business) implement and use Flexible Work Arrangements and Flexible Working Hours (FWH/FWA) in their organisations. In-depth interview data was collected from managers and business owners of 31 companies whose needs for Work-Life Balance varied. Results show that many factors positively influence IT-SMEs to use FWH/FWA. For example, customers and partners working at different work-hours, traffic congestions between home and office, and the general stereotype of IT personnel. However, the results also found several concerning factors that may hamper the success of FWH/FWA implementation. They include the inadequacy of management skills in tracking, monitoring, and assessing employee's real performance, contextual factors for Thai IT-SMEs, i.e. conflict resolution culture, IT people's protocol of communication exchanges, and shortcoming of technology infrastructure. The findings also show that many companies that had used FWA eventually stopped. Thus, a four-phase cyclical framework called PLIC (Purpose-Limitation-Implementation-Consequence) has been developed as an approach to FWH/FWA implementation.

An Evaluation Model of Corporate Culture Using Fuzzy System (퍼지시스템을 이용한 기업문화 평가모델)

  • Kim, Chun-Ho;Hwang, Seung-Gook
    • Journal of the Korean Institute of Intelligent Systems
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    • v.20 no.2
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    • pp.267-272
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    • 2010
  • This paper suggests an evaluation method through corporate culture's evaluation model considering the relationship and affection between types and elements of corporate culture. 314 data obtained from the members of small and medium enterprises analyzed the relationship by the correlation analysis, and the degree affecting rate the corporate culture types by the regression analysis. Finally, fuzzy system was used to analyze the evaluation model of the corporate culture type. The evaluation model of the corporate culture types in this paper is mixed possibility and necessity sides and showed the usefulness through reviewing the model which has an identification problem of the fuzzy system estimated fuzzy relation matrix for corporate culture types using the model.

A Study on Factors Affecting the Participation of Social Manufacturing Platforms (소셜매뉴팩처링플랫폼의 참여의도에 영향을 미치는 요인에 관한 연구)

  • Ghil, Ihun;Gim, Gwangyong
    • Journal of Information Technology Services
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    • v.14 no.3
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    • pp.147-161
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    • 2015
  • The rapid changes in consumption patterns and the manufacturing industry environment are both a threat and an opportunity for small and medium-sized enterprises in Korea because it lacks innovative capacity compared to large conglomerates. In this new manufacturing environment, social manufacturing is an innovative business model that can create new business opportunities for these companies. However, there are not that many proven models of platforms where products are created jointly with consumers. Some conceptual analysis of the success factors and operation strategy of co-creation platforms have started to be released but there are almost no empirical studies conducted on this matter today. In this study, the social manufacturing platform business concept and its components were studied; various factors that affect the willingness to participate in consumer-led co-creation platforms were considered; the factors were surveyed on potential consumers; a study was carried out to analyze the relationship of these factors; a model of these factors were set up and proven.