• Title/Summary/Keyword: U-Trade Hub

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An RBMS-based Approach for Efficient Trade Process Change Management: Focused on Export and Import Customs Operations (무역 프로세스의 효율적 변화 관리를 위한 RBMS기반 접근법 : 수출입 통관 업무를 중심으로)

  • Yang, Kun-Woo;Cho, Hyuk-Soo
    • International Commerce and Information Review
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    • v.11 no.3
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    • pp.25-45
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    • 2009
  • The e-Trade environment has enabled the complex trade processes to be automated using e-Trade information systems, which had been manually processed through many trade-related parties in the past. Korea has completed the development of the most advanced e-Trade platform called "u-Trade Hub," which can process automatically all the trade-related activities from marketing to payment. It is anticipated for the world trade environment to have more FTAs throughout the world and this will complicate the trade processes more and more in the future. This means the constant cost-bearing updates of the e-Trade environment to adapt the process changes brought by new FTAs with other countries. In this paper, we propose the systematic approach to easily as well as less costly adapt the possible trade process changes resulted from the future FTAs by adopting a rule base management system. The prototype system to test the applicability of the proposed approach is developed using Win-Prolog 4.8 environment.

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A Study on the Changes and the Impact of Korean Trade Policy after the US's withdrawal of TPP -Based on Vietnam Market- (미국의 TPP 탈퇴에 따른 한국 통상정책의 변화와 그 영향에 대한 연구 -베트남 시장을 중심으로-)

  • Kim, Dong-Ho
    • The Journal of the Korea Contents Association
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    • v.18 no.2
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    • pp.92-102
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    • 2018
  • This paper studied the changes and effects of Korean Trade Policies in Vietnam market after the withdrawal of the TPP from US. Since Trump government is starting, US trade policy has moved to the protectionism method. Nevertheless, Vietnam is expanding its status as an FTA hub, and Vietnam is actively expanding its economic growth by actively implementing foreign capital. Vietnam, however, is likely to lose its position as a hub of FTA after USA's withdrawal from TPP member. So, Korea's trade policy is also expected to change its stance on Vietnam, and Korea is expected to change its policy toward Vietnam. Korea has achieved a lot of accomplishments and growth with free trade and free economic markets, and it has to strengthen its national strength even afterwards. Thus, if the flow of free trade & globalization continues, I would consider how the Korea trade policy change after the U.S.'s withdraws from TPP.

A Study on the Realization of Infrastructure for Electronic Trade (전자무역 기반사업의 구현에 관한 연구)

  • Lee, Bong-Soo
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.55-73
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    • 2010
  • The thesis examines new innovation of various aspect to overcome lots of problems which come by when we execute simplification of trade procedure and administration fairly. Practical implications regarding the innovation of electronic trade infrastructure are as follows. First, it will propel the standardization of electronic trade section in the technical side and the construction atmosphere of international authentication system must be created. The work process should be redesigned in order to implement export-import procedures that meet the relevant standards. Second, the improvement of system for electronic process is necessary in the law and institutional aspect. In order to eliminate any obstacles to the trade procedure, clearer legal grounds regarding legitimate controls and minimum necessity must be established. Also, laws should be revised to admit mutual recognition among certification organizations, in lieu of international agreement-based mutual recognition between government. Third, the detailed improvement for the integration of the electronic trade infrastructure will be demanded. Additionally, user-centered quality management protocols should be established via connections with the systems already existing in governmental bodies. Fourth, various trade institution should harmonized and interconnected with other partners through mutual cooperation for standardization of operational system. A system which can monitor and remotely diagnose and resolve system errors should be established to provide tailor-made service and improve operational efficiency. At the same time, it is necessary to build a cooperative system to share information and promote comprehensive management for efficient operation.

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An Empirical Analysis of Utilization and Performance of e-Trade with an Integrated Acceptance Model (전자무역의 활용수준과 성과 분석을 위한 통합 모형에 관한 실증연구)

  • Son, Tae-Kyu;Hong, Sa-Neung
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.53
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    • pp.233-264
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    • 2012
  • This study proposes and verifies an integrated model that reflects and helps to explain complexities and comprehensiveness of e-Trade in practice. The primary objective was to widen and deepen our understanding about the phenomena of paperless trading which will enable us to formulate an effective means to promote the adoption and utilization of e-Trade infrastructure. This investigation combined and extended the theories and models of TAM, TOE framework, and TTF in order to identify and hypothesize the causal relationships between factors of technology, organization and environment, and the usage level and performance of e-Trade. The previous research on e-Trade was reviewed and incorporated into the extended model. The integrated model was tested based on the survey data collected from a sample of 417 trading firms. Overall, the regression and path analysis demonstrated the usefulness of the proposed model as a conceptual framework for better understanding and explanation of e-Trade. The result of the analysis implies the relevancy of the factors of technology, organization and environment for facilitating usage of and increasing performance of e-Trade. However, rejection of a few hypothesized relationships implies the necessity of extensive promotion and education about the related laws and regulations, and education, supervision and incentives for e-Trade practitioners.

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A Study on Establish the Foundation of Electronic Payment System for the Auxiliary Costs of Foreign Trade - Focused on Logistic and Customs Clearance Areas - (수출입 부대비용의 EPS 기반구축에 관한 연구 - 물류.통관부문을 중심으로 -)

  • Shim, Chong-Seok;Yang, Jung-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.47
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    • pp.185-212
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    • 2010
  • This study aims to derive practical suggestions to apply application methods by auxiliary costs, especially application of logistics and customs clearance areas in order to establish EPS support system of auxiliary cost occurred from export/import. For the propose, this study has analyzed types and situation of auxiliary costs, application method by auxiliary costs, payment situation of logistics auxiliary costs and clearance auxiliary costs and suggested the relevant problems and their application methods. Especially, in case of logistics auxiliary costs through connection to the attached general documents required for negotiation by reflecting characteristics of B2B transactions. In addition, it has suggested that those services by the said system should be conveniently used commonly by the export companies and logistics companies through provision of various payment measures, support of foreign currency payment, etc. and security of reliability/system stability, etc. for the compatible payment with other systems as the prerequisite for the successful settlement of the auxiliary costs EPS. It is expected that satisfaction of the uTradeHub users such as export/import companies and logistics companies will be increased, user-oriented customized information services such as raw cost prediction service through calculation of auxiliary costs could be available in the future and efficiency of work processes related to auxiliary costs will be increased, by providing the EPS through various single window based payment measures through establishment of the export/import auxiliary costs payment system.

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K-Trade : Data-driven Digital Trade Framework (K-Trade : 데이터 주도형 디지털 무역 프레임워크)

  • Kim, Chaemee;Loh, Woong-Kee
    • Journal of Information Technology Services
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    • v.19 no.6
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    • pp.177-189
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    • 2020
  • The OECD has assessed Korea as the third highest in trade facilitation worldwide. The paperless trade of Korea is world class based on uTradeHub : national e-trade service's infrastructure for trade community. Over 800 trade-related document standards provide interoperability of message exchange and trade process automation among exporters, importers, banks, customs, airlines, shippers, forwarders and trade authorities. Most one-to-one unit processes are perfectly paperless & online; however, from the perspective of process flow, there is a lack of streamlining end-to-end trade processes spread over many different parties. This situation causes the trade community to endure repetitive-redundant load for handling trade documents. The trade community has a strong demand for seamless trade flow. For streamlining the trade process, processes with data should flow seamlessly to multilateral parties. Flowing data with an optimized process is the critical success factor to accomplish seamless trade. This study proposes four critical digital trade infrastructures as a platform service : (1) data-centric Intelligent Document Recognition(IDR), (2) data-driven Digital Document Flow (DDF), (3) platform based Digital Collaboration & Communication(DCC), and (4) new digital Trade Facilitation Index (dTFI) for precise assessment of K-Trade Digital Trade Framework. The results of new dTFI analyses showed that redundant reentry load was reduced significantly over the whole trade and logistics process. This study leads to the belief that if put into real-world application can provide huge economic gains by building a new global value chain of the K-trade eco network. A new digital trade framework will be invaluable in promoting national soft power for enhancing global competitiveness of the trade community. It could become the advanced reference model of next trade facilitation infrastructure for developing countries.

A Study on Electronic System of Purchase Institution the Raw Materials for Earning Foreign Currencies (외화획득용 원료 등 구매제도의 전자화에 관한 연구)

  • Jeong, Yoon-Say;Chung, Jason
    • International Commerce and Information Review
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    • v.15 no.1
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    • pp.357-379
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    • 2013
  • Recently, the government was introduced as currency for earning of raw materials purchasing system for electronic Government management of foreign trade in 2011, and revised regulations for electronic proof of purchase. In addition, the currency for earning of raw materials, such as procurement system in 2012, followed by electronic proof of purchase local letter of credit. The government electronic trading will be promoting local trading of electronic procedures. This study will be a preceding research on the goods control system for acquiring foreign currency and the obligation of using digitalized approval of purchase due to the revision of foreign trade law. Also, it will conduct theoretical and legal research regarding the obligation of digital establishment of the local L/C which is a result of amendments to the rules of operation for the Bank of Korea's trade finance. Further, it will analyze the legal and operational problems and its response plans for the establishment of the local trade integrated management system which promotes the digitalization of the local trade process.

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Problems on Examining the Electronic Records in Letter of Credit Transactions (신용장거래에서 전자기록의 심사에 따른 문제점에 관한 고찰 - e-Nego 시스템과 전자선화증권을 중심으로 -)

  • Lee, Chang-Sook;Kang, Won-Jin
    • International Commerce and Information Review
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    • v.12 no.2
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    • pp.85-107
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    • 2010
  • A comprehensive electronic trade portal such as the electronic bills of lading, e-negotiations and so on, is developed by the Korea Ministry of Knowledge Economy and International Trade Association and serviced by KTNET. The portal, so called u-TradeHub, formally started to provide its services on 22nd May, 2009. If the shipper issues electronic bills of lading, the negotiating bank examines it through the established e-Nego system. However, the issuing bank overseas cannot examine the electronic bills of lading, because any interactive system does not exist. So, after the e-Nego, the electronic bills of lading gets automatically transformed into the paper-type electronic bills of lading and issuing bank examine paper B/L. In process of examining documents, the beneficiary using electronic means in letter of credit transactions may face some risks such as the corruption to the electronic bill of lading after its issuance by the carrier, the corruption after e-Nego and the corruption after the presentation to the issuing bank. In this paper, we studied the problems on corruptions to occur in the middle of the examination process of the electronic bills of lading and suggestions how to solve them are discussed.

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A Empirical Study on the Obstructive Factors and Performance of Using e-Trade Service System for Korean Small and Medium Enterprises (한국중소기업의 전자무역시스템 활용상의 장애요인과 성과분석에 관한 실증적 연구)

  • Chung, Jae-Eun;Bae, Myong-Ryeol;Moon, Hee-Cheol
    • International Commerce and Information Review
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    • v.17 no.2
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    • pp.19-39
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    • 2015
  • The main purpose of this study is to analyze the relationship among present conditions, obstructive factors, and export performance in using e-Trade Service System for Korean small and medium enterprises(SMEs). According to the empirical survey result, the obstructive factors affect significantly on the relation between application level and performance of e-Trade systems. It means that continuous and varied efforts are needed by government and related organizations to reduce the influence of obstructive factors.

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World Trade Network and the Roles of the Industries in the Major Trading Countries (세계무역 네트워크와 주요국 산업의 역할: 부가가치 교역 자료를 이용한 사회연결망 분석 기법을 중심으로)

  • Hyun, Kisoon;Lee, Junyeop
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.4
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    • pp.677-693
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    • 2016
  • Using Social Network Analysis and Trade in Value Added Database(TiVA), this paper examines the world trade network. Main findings are as follows. Firstly, there are three types of industries, which have dominant status in the world value added trade network. Those are the manufacturing industries in the developing countries such as China's electronics industry, the service industries in the developed countries such as U.S. R&D, and the manufacturing industries in the developed countries such as German motor vehicle industry. Secondly, the major hub industries in the world trade network have their own specific types in the brokerage roles. Most interestingly, U.S. service industries such as the R&D, the logistics industry, and the whole sale and retail industry reveal itinerant and liaison brokerage roles. Thirdly, Korean industries have been dominated by Chinese industries. However, the financial industry and the R&D industry could have revealed superior status as the brokerage role of itinerant. This implies Korean industries could sustain their competitiveness of the hubness status only by openness policy in the service industry.