• Title/Summary/Keyword: Value Chain Classification

Search Result 27, Processing Time 0.026 seconds

The Linkage Strategies Between Productivity Metrics and Financial Accounting Metrics in TPM and PAC Activities (TPM, PAC 활동에서 생산성지표와 재무회계 지표의 연계방안 전략)

  • Choi, Sungwoon
    • Journal of the Korea Safety Management & Science
    • /
    • v.15 no.3
    • /
    • pp.151-161
    • /
    • 2013
  • This paper proposes a strategic model of linkage between productivity metrics and financial accounting metrics to properly evaluate the financial effect of TPM activities and the business performance. This linkage strategy provides a connection tool for clear communication between factory-level and headquarters that the metrics proposed by this paper ultimately improves a quality of support from the management by receiving the factors required for productivity activities in the practical field. This factor includes such as equipment, raw materials and labors. Here, we propose that chain reaction models using break down structure of productivity metrics and financial metrics enhance the knowledge sharing of KPI (Key Performance Indicator) which generally tend to create oversimplified communication between management in headquarters and employees in the practical fields. The productivity metrics include OEE(Overall Equipment Effectiveness) of TPM (Total Productive Maintenance), OLE (Overall Labor Effectiveness) of PAC(Performance and Analysis and Control) activities, and OYE (Overall Yield Effectiveness) of TMM(Total Material Management) activities. The financial accounting metrics include ROE(Return on Equity), ROA(Return on Asset), and AVR(Added-Value Rate). The suggested chain reaction model selects the financial metrics as initial stage and branch down until final stage of productivity metrics. When demand exceeds supply, an ideal speed rate, the lean OEE strategy can be initially applied to reduce the gap between the demand and supply, then apply variable costing to estimate correct amount of operating profit. In addition, the paper presents a new type of model for linkage between financial accounting metrics including CAPEX(Capital Expenditure), OPEX(Operating Expenditure), EVA(Economic Added Value), DCL(Degree of Combined Leverage), and TPM productivity activities including AM(Autonomous Maintenance), PM(Preventive Maintenance), MP(Maintenance Prevention) and QM(Quality Maintenance). In order to support the evidence of proposed linkage strategy, a case analysis on 52 projects from national TPM contest from 2011 to 2012 is analyzed. The case presents the classification of CAPEX and OPEX activities from TPM, and proposes the correct implementation of financial effect for TPM projects.

A Study on the Business Models of B2B eMarketplace (B2B 전자시장에서의 비지니스 모델)

  • 조원길
    • The Journal of Information Technology
    • /
    • v.4 no.3
    • /
    • pp.125-138
    • /
    • 2001
  • A classification was provided of various business models that are currently found in internet electronic commerce(business-to-business as well as business - to consumer). Some of these models are essentially an electronic re-implementation of traditional forms of doing business, such as e-shops. Many others go far beyond traditional business such as value chain integration and seek innovative ways to add value through information management and a rich functionality. Creating these new business models if feasible on]y because of the openness and connectivity of the internet. This study explored independent and industry-backed current and future business models that are emerging in the B2B electronic market industry, as well as value -added service models for the Net market maker industry, The protected rapid growth of B2B electronic market will cause a highly competitive environment. The B2B electronic market that deliver on real lasting value will dominate and ultimately earn for themselves a long-term Place in the landscape of the new economy.

  • PDF

An Analysis on the Classification and the Real Status of e-Business Model in Korea (국내의 e-Business 모델 분류 및 실태 분석)

  • 허영호;주희엽;권혁인
    • Journal of Information Technology Applications and Management
    • /
    • v.10 no.1
    • /
    • pp.1-17
    • /
    • 2003
  • As the increase of internal users, there are many enterprises and organizations that regard the internal as the great ■marketing superhighway■. But the entrance of too many e-Business enterprises and shopping sites makes them to compete each other Consequently many sites are created and disappeared in the cyberspace. Although fascination and speculation surrounds the impact of the e-Business on business models via benefit-based concept, there is little evidence underlying all this speculation. This article provides on such data set. It reports on critical Issues that e-Business enterprises found salient as they browsed through e-Business model infrastructure on the world wide web, internet-based. We gathered domestic e-Business enterprise's kinds of business model during 2000∼2002 via KMAC's (Korea Management Association Consultants) K-WPI and K-WPC. We classified e-Business models as shopping mall, auction, community. value-chain, collaboration, information brokerage, advertising, Internet service, marketing that we had identified from the existing literature on business models. This study translated these models to the e-Business model context and explored their relative salience. The results suggest that e-Business manager need to think more about how they perform on the issues known to affect decision making for designing e-Business models. We offer advice for enhancing the effectiveness of business models.

  • PDF

The Analysis on the Forecasting Demand & the Implementation of IT Systems for SMEs (중소기업 정보시스템 활용실태와 수요 전망)

  • Hyoung, Jun-Ho;Kim, Moon-Sun;Hwang, Soon-Hwan
    • Journal of Information Technology Services
    • /
    • v.3 no.2
    • /
    • pp.1-8
    • /
    • 2004
  • Recently, most managers of Small & Medium Enterprises(SMEs) think that all problem of a company is solved if only implementation of ERP or e-business. But it's too risky. Technology of IT is developing so radical, so managers didn't have enough time to consider what system is appropriate in their business process and how implement information system is when they establish Information System. This Study addresses the present Information System that operating and needed for SMEs based on the Value Chain of IS. Thus through the prediction on the consequence of IS implementation, we could cut down unnecessary investment cost and support core competence of a company. Next time, the study on the classification of more detail IS associated in SME's performance is required.

A Study on the Conceptual model of Enterprise Risk Management System (전사적 Risk Management System의 개념적 모형에 관한 연구)

  • Yoon, Seung-Ok;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
    • /
    • v.14 no.2
    • /
    • pp.113-121
    • /
    • 2012
  • The important elements and conditions to improve corporate competitiveness are customer development, new product development, sales increase, net profit increase, and other factors. Even if those competitiveness elements are well prepared, obstacles may exist. In this paper, we examined the risk, the deadliest obstacle that can affect corporate. We selected the risk factors that exist in functional categories in the system connected complicatedly and variously by organizational value chain of corporate, and examined the conceptual model of Enterprise Risk Management System based on the precedent studies.

Overview of technologies: ensure anonymity of privacy coins

  • Kwon, Hoon;Kim, Eun-Young
    • Journal of the Korea Society of Computer and Information
    • /
    • v.27 no.6
    • /
    • pp.77-86
    • /
    • 2022
  • Recently, various cryptocurrencies (coins) based on block chains have appeared, and interest in privacy coins, which is an anonymity-based cryptocurrency that values personal information protection, is growing. In this paper, we look at coin abuse cases using privacy coins, and analyze the technology that guarantees the anonymity of 8 mainly traded privacy coins (Monero, Dash, Zcash, BEAM, Grin, Horizen, Verge, and Pirate Chain). We would like to analyze the applied technologies for We present the problems that can occur in these privacy coins, check the technology and each element applied to the privacy coin, and analyze the technical difficulty of the anonymity guarantee technology for the mainly traded coins through this, and Appropriate countermeasures and classification of privacy coins for technical difficulty were presented through the problem. Through this, the standard for re-evaluating the value of the coin according to the application of appropriate technology for the privacy coin can be presented.

A Typology of MNC's Foreign Subsidiaries: A Conceptual Model and Korean Cases (다국적기업 해외자회사의 유형분류법: 개념적 모형과 한국기업의 사례)

  • Kim, Min-Sook;Bang, Ho-Yeol
    • International Commerce and Information Review
    • /
    • v.15 no.1
    • /
    • pp.227-256
    • /
    • 2013
  • Existing multinational subsidiary typologies seem to have limitations in two respects. First, the prevalence of subsidiary classification along two-dimensions fails to capture many distinct subsidiary types. Failure to reflect a sufficient richness in dimensionality can give rise to a partial picture of subsidiary typologies in the international business literature. A new typology developed from multi-dimensional approach will be required for reflecting various subsidiary roles in the multinational enterprise. Second, multinational subsidiary performing a number of activities is hard to be defined functionally across the value chain activities. In addition, multinational subsidiary roles can vary dramatically. In conclusion, despite a growing amount of work on subsidiary typologies, there seems to be limited convergence of results. the study regarding subsidiary roles still remain a challenge. In this respect, the purpose of this study is to develop a new typology based on multi-dimensional approach in order to overcome the limitations of traditional typologies. To classify subsidiary types, we propose 8 types of multinational subsidiary according to three dimensions that are adopted: (1) number of required value chain activities (2) subsidiary's sourcing capability and autonomy (3) global orientation (3) The case study analyzing Korean foreign subsidiaries appropriate for 8 types is performed to establish the validity of this study.

  • PDF

A Study on the Retailer's Global Expansion Strategy and Supply Chain Management : Focus on the Metro Group (소매업체의 글로벌 확장전략과 공급사슬관리에 관한 연구: 메트로 그룹을 중심으로)

  • Kim, Dong-Yun;Moon, Mi-Jin;Lee, Sang-Youn
    • Journal of Distribution Science
    • /
    • v.11 no.12
    • /
    • pp.25-37
    • /
    • 2013
  • Purpose - The structure of retailing has changed as retailers develop markets in response to business environment changes. This study aims to analyze the general situation of retailers in order to predict future global strategy using case studies of overseas expansion strategy and the Metro Group's global strategy. Research design, data, and methodology - The backgrounds to the new retail business model and retailer classification are analyzed as theoretical data. In addition, the key success point of the Metro Group's "cash and carry" strategy is analyzed as is the Metro Group's global CFAR (collaborative planning, forecasting, and replenishment) strategy. Finally, the plan for cooperation and precise forecasting under the Metro Group's supply chain management are analyzed from the promotion environment viewpoint. Related materials analyzed included the 2012 annual report, the Metro Group's web page, and a video interview with the executive in charge of global strategy and the new market development department. Some data were revised to avoid disrupting essential aspects of the case studies. Results - The important finding was that the Metro Group could be a world-class retail company with its successful global expansion strategy. The Metro Group's global strategy's primary goal is to have a leading business position in Eastern and Western Europe. The "cash and carry" strategy is highest priority in its overseas expansion strategy. Moreover, the Metro Group has standardized product planning capacity, which could be applied in various countries with different structural and cultural backgrounds. This is the main reason that the Metro Group could rapidly become successful in the Eastern Europe and Asian markets through its structural overseas expansion strategies. In addition, the Metro Group emphasizes the importance of supply chain management. Conclusions - First, retailers should create additional value through utilizing the domestic market, market power, and economies of scale to launch a global strategy to maximize benefits from diversification. Second, the political, economic, and cultural background of the target country needs to be understood to successfully implement the overseas expansion strategy. Third, the main factor of successful cooperation with a local partner is how quickly the company gains total understanding of the business resources and core competence of its partner. All organizations should focus on the achievement of goals in order to successfully operate the partnership. Fourth, retailers should improve their business, financial and organizational structure. Moreover, the work processes and company culture should also be improved to respond strongly in the competitive global market. Fifth, the essential point of a successful retail business is the control capacity of its branding and format. The retailer could avoid forecasting errors through supply chain management by perfectly distributing the actual amount of its inventory. In addition, the risks along the supply chain are effectively shared between the supply chain partners. Finally, the central tendency of the market is to gain in strength with this taking place across all parts of the business.

Sorting Cut Roses with Color Image Processing and Neural Network

  • Bae, Yeong Hwan;Seo, Hyong Seog;Choi, Khy Hong
    • Agricultural and Biosystems Engineering
    • /
    • v.1 no.2
    • /
    • pp.100-105
    • /
    • 2000
  • Quality sorting of cut flowers is very essential to increase the value of products. There are many factors that determine the quality of cut flowers such as length, thickness, and straightness of stem, and color and maturity of bud. Among these factors, the straightness of stem and the maturity of bud are generally considered to be more difficult to evaluate. A prototype grading and sorting machine for cut flowers was developed and tested for a rose variety. The machine consisted of a chain-drive feed mechanism, a pneumatic discharge system, and a grading system utilizing color image processing and neural network. Artificial neural network algorithm was utilized to grade cut roses based on the straightness of stem and maturity of bud. Test results showed 89% agreement with human expert for the straightness of stem and 90% agreement for the maturity of bud. Average processing time for evaluating straightness of the stem and maturity of the bud were 1.01 and 0.44 second, respectively. Application of neural network eliminated difficulties in determining criteria of each grade category while maintaining similar level of classification error.

  • PDF

Research Trends Analysis of Big Data: Focused on the Topic Modeling (빅데이터 연구동향 분석: 토픽 모델링을 중심으로)

  • Park, Jongsoon;Kim, Changsik
    • Journal of Korea Society of Digital Industry and Information Management
    • /
    • v.15 no.1
    • /
    • pp.1-7
    • /
    • 2019
  • The objective of this study is to examine the trends in big data. Research abstracts were extracted from 4,019 articles, published between 1995 and 2018, on Web of Science and were analyzed using topic modeling and time series analysis. The 20 single-term topics that appeared most frequently were as follows: model, technology, algorithm, problem, performance, network, framework, analytics, management, process, value, user, knowledge, dataset, resource, service, cloud, storage, business, and health. The 20 multi-term topics were as follows: sense technology architecture (T10), decision system (T18), classification algorithm (T03), data analytics (T17), system performance (T09), data science (T06), distribution method (T20), service dataset (T19), network communication (T05), customer & business (T16), cloud computing (T02), health care (T14), smart city (T11), patient & disease (T04), privacy & security (T08), research design (T01), social media (T12), student & education (T13), energy consumption (T07), supply chain management (T15). The time series data indicated that the 40 single-term topics and multi-term topics were hot topics. This study provides suggestions for future research.