• Title/Summary/Keyword: global management

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A Study on Financial Ratios Change of Korean Dry Bulk Shipping Firms before and after the 2008 Global Financial Crisis (글로벌 금융위기 전후 한국 건화물 선사의 재무비율 변동에 대한 비교 분석)

  • Cho, In-Seong;Ryoo, Dong-Keun;Lee, Ki-Hwan
    • Journal of Navigation and Port Research
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    • v.44 no.3
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    • pp.244-252
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    • 2020
  • The 2008 global financial crisis was triggered by the Lehman Brothers crisis caused by the sub-prime mortgage crisis in the United States This crisis has had an impact on the globe's dry bulk shipping market by reducing dry bulk cargo volume. An oversupply of dry bulk carriers caused a serious recession in the globe's dry-bulk shipping industry and shipbuilding industry. In this situation, the Korean dry-bulk shipping companies were victims of the quagmire of a long recession since the global financial crisis and could not overcome this crisis. This condition forced them into severe financial risk Thus, it caused many shipping companies to file for bankruptcy. In this study, we classified Korean ocean-going dry-bulk shipping companies into two groups, that is, the solvent group and the insolvent group. We also separated the research period before and after the 2008 global financial crisis. Then we investigated the differences in the major financial ratios of the two groups by t-test and found that some financial ratios such as profitability ratios and growth ratios showed the difference between the two groups with statistical significance. The significance of this study is as follow. First, the shipping company management is also crucial for the systematic management of financial strength and business strategy, it is crucial to manage cargo which a high profitable freight. Second, the shipping company should be managed as a company with continued growth through efficient operation and management of ships.

The Risk Assessment Effects of SCM and the Strategy of Risk Management on Supply Chain Performance (공급사슬 위험평가 및 위험관리전략이 공급사슬 운영성과에 미치는 영향)

  • Kim, Dong Jeong;Lee, Young Jai
    • Journal of Information Technology Applications and Management
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    • v.21 no.4
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    • pp.173-186
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    • 2014
  • This study outlines possible risk factors in the SCM of a company and correlates risk assessment, the strategy of risk management, and the supply chain performance. The data is surveyed from an international Korean company and is analyzed by the structure equation model of actual proof. The research model verifies the correlation between the risk assessment, the strategy of risk management, and the supply chain performance as dependent variables after the risk factors of the SCM are defined as independent variables. The research shows that there are consecutive links among the risk factors of the SCM, the risk assessment, and the strategy of risk management. The strategy of risk management was conclusively determined to have an effect on supply chain performance. Therefore, improving the supply chain performance of a company requires the constructive process for risk management based on a correlation between risk assessment and the strategy of risk management.

Design of C31 Integrated Network Management Architecture based on TMN Concept (TMN 개념을 이용한 C31 통합 통신망 관리 구조 설계)

  • 김도현
    • Journal of the military operations research society of Korea
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    • v.23 no.1
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    • pp.115-137
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    • 1997
  • It was required Integrated Network Management Architecture(INMA) with consistency and standardization in order to support efficiently communication service for operators and users. In such ITU-T(International Telecommunication Union - Telecommunication) recommended TMN(Telecommunication Management Network) which is Network management architecture for telecommunication, and intended to achieve uniform and comprehensive network management using standardized network management interface. This paper proposes C31 management services and management functions based on ITU-T and RACE project. This designs C31 INMA based on TMN concept in order to manage efficiently C31 communication network. The C31 INMA supports to manage C31 LAN and WAN devices and lines with global and correspondence, and helps Integrated Network Management system design and implementation.

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NEW INTELLIGENT APPROACH FOR PROJECT MANAGEMENT IN CONSTRUCTION INDUSTRY

  • D. Aparna;D. Sridhar;J. Rajani;B. Sravani;V.S.S. Kumar
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.366-370
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    • 2005
  • The construction environment is dynamic in nature and is characterized by various degrees of uncertainties. The uncertainties such as lack of coordination, non availability of resources, condition of temporary structures and varying weather conditions have a significant impact on estimating the duration of activities. These are subjective, vague and imprecisely defined and are expressed in subjective measures rather than mathematical terms. Conventionally, various quantitative techniques such as CPM and PERT have emerged in construction industry. These techniques cannot solve the above problems and rely on human experts which may not always be possible. In such situations Artificial Intelligence tools such as fuzzy sets and neural networks handle such variables and provide global strategies. The present paper evaluates the effect of qualitative factors to identify the activity duration using new intelligent approach. The results are compared with conventional methods for effective project management. A case study is considered to demonstrate the applicability of fuzzy logic for project scheduling.

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Global 환경에서의 EDI를 활용한 공급자 재고 관리(Supplier Managed Inventory)System 구축전략

  • 배승호;최정문;김인수;이충화
    • Proceedings of the CALSEC Conference
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    • 1998.10a
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    • pp.247-254
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    • 1998
  • 국내/외 제조업체 또는 유통업체가 경쟁력 있는 제품의 생산/판매를 위해 최적의 부품 및 제품을 최단 시간내, 최저 가격으로 조달하기 위한 Global sourcing체계 구축과 그에 따른 재고부담을 회피하면서 제품을 소비자에게 신속히 전달하려는 공급선관리 (Supply Chain Management : SCM)의 의지가 높아지고 있다. 이에 따라 제조업체나 유통업체가 자체 재고 및 관리부담을 감소시키기 위해 JIT(Just In Time)체계의 업무형태를 도입하고 있고 부품 및 제품을 공급하는 공급자에게 제조업체의 재고를 관리하게 하는 형태인 이른바 공급자 재고관리(Supplier Managed Inventory: SMI)가 공급업체에게 요구되고 있다. 또한 최근 국내 제조업의 생산기반이 급속히 해외이전 됨에 따라 해리 생산거점과 국내본사, 주문자에 이르는 전 과정에 걸친 물류 및 정보전달 체계를 확보해야 하는 상황에서 공급업체는 주문업체로부터 주문한 내용의 진행상황과 자동적인 재고의 판단 및 보충에 이르는 전 과정의 프로세스 관리 및 관련 정보제공을 요구 받고있다. 이와 같은 환경에 대응하기 위해 본 발표에는 공급자 재고관리의 정의 및 Global business 환경에서 EDI를 통한 System의 구축방안 및 고려사항을 제시하고자 한다.

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A Study on the Trend and Roadmap of Standardization for e-Trade (전자무역 부문에서의 국내외 표준화 동향과 로드맵 연구)

  • Sim, Sang-Ryeol
    • 한국디지털정책학회:학술대회논문집
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    • 2005.06a
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    • pp.287-308
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    • 2005
  • The purpose of this paper is to review the trend and roadmap of standardization for e-Trade. As a survival strategy in this rapidly changing global competition environment, domestic and global e-Trade network should be harmonized and interconnected, which requires multilateral or regional cooperation to set relevant inter-operable infrastructure. For this, standardization for e-Trade message and communication is critical success factor. Korea has been an early adopter of international e-Trade standards like UN/EDIFACT and ebXML. Based on the overall knowledge and experiences of e-Trade projects, Korea can take initiatives in the creation of global e-Trade through the harmonization and interconnection of other countries.

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An Implementation of Global Scheduler for Efficient Distributed Resource Management (효율적 분산자원 관리를 위한 글로벌 스케쥴러 구현)

  • Yong Wan Koo
    • Journal of the Korean Institute of Telematics and Electronics B
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    • v.31B no.3
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    • pp.1-13
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    • 1994
  • In this study under the distributed system for efficient distribution resource completely symmetic global scheduler was designed and implemented to obtain the general global scheduler, that is load balancing as sharing objectives. To balance the system's load efficiently each node must be designed to get right decision-making. Thus we considered computing time to estimate fault such as delay on communication network, communication period and other decision-making. Load balancing mechanism which suggested in this study was implemented in the distributed system which IBM PC/AT linked to and composed with Ethernet. The target operating system was composed of IBM PC/AT as a basic construction in which proper type of UNIX operating system were ported and communication layer chose communication type implemented from Amoeba. The method of IPC employing layered multilevel access method to avoid inefficient protocol using direct communication mode guarantees rapid response due to short ready time for IPC.

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Building A PDM/CE Environment and Validating Integrity Using STEP (STEP을 이용한 PDM/CE환경의 구축과 데이타 무결성 확인)

  • 유상봉;서효원;고굉욱
    • The Journal of Society for e-Business Studies
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    • v.1 no.1
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    • pp.173-194
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    • 1996
  • In order to adapt today's short product life cycle and rapid technology changes., integrated systems should be extended to support PDM (Product Data Management) or CE(Concurrent Engineering). A PDM/CE environment has been developed and a prototype is Presented in this paper. Features of the PDM/CE environment are 1) integrated product information model (IPIM) includes both data model and integrity constraints, 2) database systems are organized hierarchically so that working data C8Mot be referenced by other application systems until they are released into the global database, and 3) integrity constraints written in EXPRESS are validated both in the local databases and the global database. By keeping the integrity of the product data, undesirable propagation of illegal data to other application system can be prevented. For efficient validation, the constraints are distributed into the local and the global schemata. Separate triggering mechanisms are devised using the dependency of constraints to three different data operations, i.e., insertion, deletion, and update.

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Optimizing Empty Container Repositioning at a Global Maritime Company (글로벌 해운회사의 공컨테이너 재배치 최적화)

  • Choi, Seong-Hoon;Kim, Hwa-Joong;Kim, Gwang-Tae
    • IE interfaces
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    • v.24 no.2
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    • pp.164-172
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    • 2011
  • H maritime company in Korea had a long history of difficulty in obtaining enough empty containers to transport its commodities. Despite efforts to resolve the problem, the repositioning of empty containers between depots was still planned manually, which consumed much worker time. To automate the generation of reposition plans, we developed a planning system to optimize the company's reposition of empty containers between global depots with a linear programming model functioning as a key decision engine in the system. The model determines the route, volume and mode of transportation for repositioning empty containers from depots with surplus containers to those requiring containers, as well as the empty space of ships generated from the unloading or loading of full and empty containers. The system has been in operation in the company's global network since March 2008.

Digital DC power supply for light accelerator

  • Kim, Yoon-Sik
    • Journal of Advanced Marine Engineering and Technology
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    • v.38 no.8
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    • pp.1000-1003
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    • 2014
  • There are 70 vertical and 70 horizontal correctors for Pohang Light Source. Until mid of 2000, power supplies for these correctors were based on 1990's technology, so the global orbit feedback system was not possible with poor 12 bit resolution. A new task force team was assembled to develop new power supplies with BESSY type DAC cards. After the project, two vertical correctors in each lattice were connected with new power supplies, and the global orbit feedback was available within the accuracy of 5 microns. However, this replacement was not enough to satisfy the beam stability requirement of 2 microns for PLS. We have launched another power supply design based on all digital technology. This attempt was completed within a year, and 80 units were assembled in house. Currently, the global orbit feedback system is running successfully with new digital power supplies and the compensation of chamber motion due to the thermal load by using digital displacement transducers attached on each BPMs.