• Title/Summary/Keyword: Small and Medium Sized Companies

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A Study on Information Systems Development for Enhancing Competitive Power of the Small and Medium-Sized Firms (우리나라 중소기업(中小企業)의 경쟁력제고(競爭力提高)를 위한 정보(情報)시스템 개발(開發))

  • Han, Gye-Seop
    • Asia pacific journal of information systems
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    • v.5 no.1
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    • pp.186-218
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    • 1995
  • The necessity of installing well adaptable Information Systems are required day by day in all the fields of business management. This paper provides an Information System development for enhancing competitive power of the small and medium-sized firms in Korea. Recent growing Information Technology leads to constructing invisibly some new adaptable Information Systems in accordance with the business size, level, capacity and requirements. Even though some advanced companies and big enterprises are already operating their own appropriate Information Systems so as to get their remarkable productivity at a moment. The rest of those small firms are still trying to find out some proper systems fitting their own business in very poor situations. The basic requirements of the points of views by mail questionaired and interviewed from 1292 small and medium-sized manufacturing firms reflected on this Information System development. As a result, the study introduces some economically efficient, convinient, flexible and useful applied Information Systems with simple methods.

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Suggestion of Project Information Management System for Small & Medium Sized Construction Companies through Analysis of Information Management Structure (프로젝트 정보관리체계 분석을 통한 중소건설업체 프로젝트 정보관리시스템 모델 제안)

  • Lee Tai-Sik;Koo Ja-Kyung;Lee Sang-Yub;Kim Young-Hyun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.549-552
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    • 2003
  • Small & medium-sized construction companies(SMCC), they has lot's of problem like poor finance, a lack of specialists, and a shortage of professional skill. So the basic condition of SMCC is not good for small construction companies. In this situation, moreover SMCC has been influenced by big-sired construction companies(BCC) difficult after the crisis of economics of Korea, IMF. Therefore it is necessary that we strengthen competitive power of SMCC for survival. This research is about project management for SMCC. We analized information system which is developed from SI corporation and BCC. As this research, we want to build and organize project information management system for SMCC. This will make SMCC have more competitiveness and increase productivity efficiency, skill for information management of project given.

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A Study on the Optimization of UX Design Process and Methodology for small and medium sized manufacturing companies (국내 중소 제조기업 실무 적용을 위한 UX 디자인 프로세스 및 방법론 최적화 연구)

  • Jang, Hye Jin;Yoo, Seung Hun
    • Design Convergence Study
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    • v.15 no.6
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    • pp.255-270
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    • 2016
  • The purpose of this research is to establish the UX methodology knowledge optimized for small sized companies on the basis of theoretical and practical UX development process models. The 7 UX design process models were analyzed by the outcomes and attributes on each design stage from academic field. Then the interview and observation on 18 domestic companies were conducted to clarify the actual methods in use and the gab from the academic theories. The two different design model were unified as an product lifecycle coupled UX process (PLUS). The 100 theory-industry knowedge combined UX design methodologies were selected and aligned along with 6 design stages of PLUS process. Each method was decomposed as a template format that contains standardized attributes applicable for small companies under consideration of their resources, process and produced items. The result of this research is expected to be applied onto real industry and reduce the risk of small manufacturing companies to escalate the quality of UX in their productions.

Practical Evaluation of Intellectual Capital (IC) Measurement Tool for Contract Foodservice Management Company (위탁급식전문업체 지적자본 측정도구의 운용시험 평가)

  • Park, Moon-Kyunkg;Yang, Il-Sun
    • Journal of Nutrition and Health
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    • v.38 no.10
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    • pp.880-894
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    • 2005
  • The purposes of this study were to a) measure the IC identified of CFMC (contract foodservice management company) ,b) examine IC circumstance of CFMC, c) evaluate practically IC measurement tool of CFMC, and d) present information for selecting an adequate CFMC to clients. The questionnaires of IC measurement were handed out to 108 CFMCs, there composing of main office employees, foodservice managers, customers, and clients of 207 school,38 hospital, and 86 husiness/industry foodservices. The statistical data analysis was completed using SPSS Win (ver 12.0) for descriptive analysis, t-test, Mann-Whitney U test. First, CFMCs had operational experience for an average of 8 years and 8 months, and served an average of 38,540 meals a day. Most of the respondent companies specialized in the school foodservice field and managed an average of 66 clients for the contract period of 2 years and 3 months. Second, the respondent companies had gotten a score of 77.78 points for the total average, 77.7 points in the large enterprise group and 78.1 points in the small and medium-sized enterprise group. Therefore, the minimum number of points for the accrediting license on Qualification is suggested to be over 70 out of a 100 point scale; this study would be serve as reference for the certification license on qualification. On the level of evaluation category, the scores were 14.15 to 20 points on $\ulcorner$finance$\urcorner$, 19.24 to 25 points on $\ulcorner$customer$\urcorner$, 19.33 to 25 points on $\ulcorner$process$\urcorner$, 14.31 to 20 points on $\ulcorner$human resource$\urcorner$, and 8.6 to 10 point on $\ulcorner$renewal and development$\urcorner$ . $\ulcorner$Renewal and development$\urcorner$ and $\ulcorner$customer focus$\urcorner$ received better grades than other evaluation categories. Third, $\ulcorner$Finance$\urcorner$ indicated similar distribution overall. Small and medium-sized companies had lower grades than large companies on 'market ability' of $\ulcorner$customer$\urcorner$ , but, clients of small and medium-sized companies had higher grade for 'client satisfaction' than large companies. Most of the companies supported 'infrastructure support for foodservice operation' of $\ulcorner$process$\urcorner$ by the main office of CFMCs, but, the branch chain offices of CFMCs were not applied efficiently. Large companies made more effort to improve the 'employee ability' of $\ulcorner$human focus$\urcorner$ than small and medium-sized CFMC. The 'research and development cost' of $\ulcorner$renewal and development$\urcorner$ was increased compared to the previous year. In conclusion, if CFMCs were to perform self-evaluation and a routine checkups by utilizing CFMC's IC measuring tool, improvements in CFMC operational capacities as well as foodservice quality can be noted. (Korean J Nutrition 38(10)'880$\sim$894,2005)

Capital Markets for Small- and Medium-sized Enterprises and Startups in Korea

  • BINH, Ki Beom;JHANG, Hogyu;PARK, Daehyeon;RYU, Doojin
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.195-210
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    • 2020
  • This study describes the structure of the capital markets for small- and medium-sized enterprises (SMEs) and startup companies in Korea, which is an emerging market that has experienced drastic changes. The overall capital market can be divided into private and public capital markets. In the private capital market, most of the demand for capital comes from non-listed private firms, including startups and SMEs. In the case of SMEs and startups, the KOSDAQ, the Korea New Exchange (KONEX), and primary collateralized bond obligations (P-CBOs) are part of the public capital market. SMEs and startups are generally incapable of raising sufficient capital owing to their low credit ratings, and they largely have limited access to primary markets to issue shares and borrow money. The Korean government has developed a systematic financial aid program to provide funds to these companies. The fund for SMEs has significantly contributed to the development of the venture capital market. Many Korean banks provide substantial lending to SMEs, but this lending is available only because of the Korean government's loan recovery guarantee. Furthermore, SMEs can issue corporate debt in the form of primary collateralized bond obligations through government guarantees, but such debt issuances have placed increasing pressure on public guarantee institutions.

A Study on the Methodology to Performance Security on the Korea Small/Medium Sized Construction Firms for Venturing into International Market (국내 중소건설업체의 해외 진출 활성화를 위한 건설 보증 확대 방안에 관한 연구)

  • Ahn, Hyoung-Jun;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.225-229
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    • 2009
  • International construction market has been open to other countries, and it derives the development of our overseas construction industry quantitatively as well as qualitatively. Until now, the major companies have an absolute majority in the overseas construction market, and the small and medium enterprises have had difficulty to get a leadership in the international construction market because of the lack of the technical expertise and the capital strength. Especially in the Middle East Asia, our construction companies has touched off a boom, so our market share also has grown, which derived from the up toward ratchet oil prices and a worldwide boom in real estate development. The small and medium enterprise minority have recognition that the overseas construction market is the major company's native territory. But Data from the existing researches and many statistics indicate the most companies tend to underestimate the capacity and international competitiveness of the small and medium enterprises. As a matter of fact, hundreds of small and medium enterprise cut a conspicuous figure in overseas market. Consequently, it is indispensable to overcome the international financial crisis by revitalizing our overseas construction industry which obtains excellent results in international market. this study suggested the ways to expand overseas bonding capacity of Korean financial institution. This study proposed the Korean government to allow Construction Guarantee (former Korea Construction Financial Cooperative) to deal with foreign exchange so that Construction Guarantee will underwrite the overseas construction bond.

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A scheduling management system (SMS) using order review and release (ORR) for small & medium sized mold & die makers (ORR(Order Review and Release)을 이용한 중${\cdot}$소 사출금형업체 일정계획시스템 개발)

  • Gil, Guk-Ho;He, Jin-Feng;Kim, Dong-Won
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.620-623
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    • 2004
  • Conventionally injection molds & dies are manufactured through an order-oriented manner. This brings unexpected orders into the shop floor such as hot order, re-work, and new types of mold & dies. Thus, there needs appropriate resource assignment plans considering the available times of machines and workers. Further, a scheduling system is required that can create work schedules periodically or by customers' requests. Yet, in small & medium sized mold & die makers, production schedules usually depend on the shop floor workers' experience and their manual preparation. Hence, developed in this study is a scheduling management system (SMS) based on order release and review (ORR) in small and medium sized mold & die companies. The proposed SMS considers delivery dates as well as flexible work schedules, so as to meet frequent changes of customers' order. The system can provide effective resource assigning and work scheduling plans, securing standard data associated with shop floors. Furthermore, the system pursues economical schedules for companies' needs, equipped with an available to promise (ATP) function that can effectively accommodate the changes of production plans.

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The state of unreported industrial accidents and its counter-measures in small and medium-sized manufacturing companies (경북지역 중소규모 사업장의 산업재해 공상처리 실태 및 개선방안)

  • Kim, Sang-Ho;Nam, Kuk-Sub
    • Journal of the Korea Safety Management & Science
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    • v.9 no.3
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    • pp.29-40
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    • 2007
  • The state and its proper countermeasures of unreported industrial accidents in Gyungbuk area was investigated throughout a survey research. The goal of the study was to identify major factors that affect the number and causes of unreported accidents. Results from the survey indicated that significant number of unreported accidents exists especially in the small and medium sized industries. Types of the accidents, amount of increase in the insurance cost and level of the governmental enforcement due to the accidents were the major factors for deciding whether to report or not. These results suggested more compromising actions have to be taken by the government for revealing the present but unreported industrial accidents. A more efficient way for preventing the industrial accidents can be considered on the basis of true understanding about real industrial accident statistics.

A Study for Digital Transformation Based on Collaboration Master Plan for Shipbuilding & Marine Engineering Industry

  • Seung-Uk So;Myeong-Ki Han;Young-Hun Kim;Jun-Soo Park
    • Journal of Ocean Engineering and Technology
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    • v.37 no.5
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    • pp.190-197
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    • 2023
  • In the shipbuilding and marine industry, digital transformation activities are promoted primarily by large shipyards. However, bottlenecks are observed across value chains, and digital transformation effects are reducing because of the cost and technical challenges encountered by supplies. In this study, we proposed a win-win cooperation model for large, small, and medium-sized companies using digital transformation based on the characteristics of the shipbuilding and marine industry through case studies. We investigated the digital transformation progress in German and Korean small and medium-sized enterprises (SMEs). In addition, we identified information-sharing methods and management challenges encountered in enterprise resource planning and manufacturing execution systems in the collaboration process of pipes, panels, blocks, etc. of SMEs that are suppliers of a Korean shipyard, and clarified communication by building a platform based on a common format between shipyards and suppliers. Further, we proposed a standard model of a digital transformation system for enhancing the collaboration between large companies and suppliers and proposed a basic plan including strategies to efficiently and effectively build a digital transformation system based on the standard model.

Development of a Web-based Performance Management System using Benchmarking for Small and medium-sized Construction Companies (중소건설기업을 위한 웹 기반 성과관리시스템 구축)

  • Jang, You-Jin;Park, Moon-Seo;Lee, Hyun-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.682-685
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    • 2008
  • In globalization and information-oriented society, the domestic construction companies are competing with others in domestic and overseas market. To survive in the age of limitless competition, companies have to manage their performance systematically. However, domestic small and medium-sized companies which are holding a large majority don't have their own Performance Management System(PMS) yet. The purpose of this study is to analyze the existing PMS and to extract key drivers for developing PMS. Through case studies of KPI(UK), NBS(Chile), CII BM&M(USA) and SISIND-NET Project(Brazil), the key drivers are derived. Having these key drivers, this study suggested the conceptual model of PMS using benchmarking for small and medium-sized construction companies.

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