• Title/Summary/Keyword: logistics risk management

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A Study on the Risk Analysis Method on the Transport System (운송시스템의 리스크 분석방법에 관한 연구)

  • Kim, Eun-Ji;Kim, Hwan-seong
    • Journal of Navigation and Port Research
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    • v.40 no.3
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    • pp.147-157
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    • 2016
  • The trend of globalization and the development of the communication-Information technology have led the organization of a complex supply chains which are more vulnerable to risks. The impact of risk on the supply chain can be adverse so importance of risk management on a supply chain has increased. In order to analyze the risk factors of transport system, this study described about the definition of transport risk and investigated the relationship between likelihood index and effect index of each risk factor. We identified risk factors on transport system and measured likelihood index and effect index of each risk factor. Finally, a numerical risk index, which is a value of total transport system, has been resulted by aggregating all indices. In addition, a case study using the proposed method has done on a heavy vehicle transport context with a transport company.

A Study on the Improvement of Safety Management by Port Logistics Industry Using Bow-Tie Analysis (Bow-Tie 분석기법을 이용한 항만물류산업 안전관리 개선방안에 관한 연구)

  • KIM, Do-Yean;SIM, Min-Seop;Lee, Jeong-Min;SHIN, Yong-Ran
    • Journal of Navigation and Port Research
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    • v.46 no.1
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    • pp.57-72
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    • 2022
  • The recent increase in international trade volume and explosive increase in cargo volume due to the non-face-to-face society are leading to an increase in risk exposure and safety accidents in the port logistics industry. Consequently, as the atmosphere and consensus on safety are spreading throughout the society, various safety laws are being enacted by the industry. Nevertheless, according to the industrial accidents status analysis by the Ministry of Employment and Labor, the average annual number of injured persons increased by 11.1% and the number of deaths by 4.0% from 2015 to 2019. This means that special attention should be paid to possible future risks and preventive measures for major causes of accidents should be established. Therefore, in this study, risk assessment was conducted based on 5,028 accident cases that were reported by the Korea Occupational Safety and Health Agency for 5 years, from 2016 to 2020, and major risk factors for each industry were derived, and then bow-tie analysis was conducted to perform the risk assessment; Further, the study aimed to derive the causes and preventive measures from the risk factors.

Designing Index for Assessing Structural Vulnerability of Supply Chain considering Risk Propagation (위험 전파 모형을 고려한 공급사슬의 구조적 취약성 평가 지표 설계)

  • Moon, Hyangki;Shin, KwangSup
    • The Journal of Society for e-Business Studies
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    • v.20 no.2
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    • pp.125-140
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    • 2015
  • It is general that the impact of supply chain risk spread out to the whole network along the connected structure. Due to the risk propagation the probability to exposure a certain risk is affected by not only the characteristics of each risk factor but also network structure. It means that the structural connectivity among vertices should be considered while designing supply chain network in order to minimize disruption cost. In this research, the betweenness centrality has been utilized to quantitatively assess the structural vulnerability. The betweenness centrality is interpreted as the index which can express both the probability of risk occurrence and propagation of risk impact. With the structural vulnerability index, it is possible to compare the stability of each alternative supply chain structure and choose the better one.

Estimation of Physical Climate Risk for Private Companies (민간기업을 위한 물리적 기후리스크 추정 연구)

  • Yong-Sang Choi;Changhyun Yoo;Minjeong Kong;Minjeong Cho;Haesoo Jung;Yoon-Kyoung Lee;Seon Ki Park;Myoung-Hwan Ahn;Jaehak Hwang;Sung Ju Kim
    • Atmosphere
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    • v.34 no.1
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    • pp.1-21
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    • 2024
  • Private companies are increasingly required to take more substantial actions on climate change. This study introduces the principle and cases of climate (physical) risk estimation for 11 private companies in Korea. Climate risk is defined as the product of three major determinants: hazard, exposure, and vulnerability. Hazard is the intensity or frequency of weather phenomena that can cause disasters. Vulnerability can be reflected in the function that explains the relationship between past weather records and loss records. The final climate risk is calculated by multiplying the function by the exposure, which is defined as the area or value of the target area exposed to the climate. Future climate risk is estimated by applying future exposure to estimated future hazard using climate model scenarios or statistical trends based on weather data. The estimated climate risks are developed into three types according to the demand of private companies: i) climate risk for financial portfolio management, ii) climate risk for port logistics management, iii) climate risk for supply chain management. We hope that this study will contribute to the establishment of the climate risk management system in the Korean industrial sector as a whole.

A Study on the Risk Management Tools against Infectious Diseases in the Port-Utilizing Semi-Quantitative Bow-Tie Method

  • Lim, Kukhwan;Oh, Yong-Sik
    • Journal of Navigation and Port Research
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    • v.46 no.2
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    • pp.145-157
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    • 2022
  • Due to the global epidemic of infectious diseases, it has become important for all industries to respond to the risk of infectious diseases. Ports in each country are also responding to the risk of infectious diseases, but the occurrence of infectious diseases in ports of various countries is causing a lot of damage to the logistics of ports. Korea is in the same situation, and cases of infectious diseases in ports are steadily being announced. Therefore, this paper conducted semi-quantitative Bow-Tie risk assessment by substituting measures to cope with infectious disease risks in Korean ports into actual cases of port infectious diseases in Korea, deriving improvements and suggesting directions. As a result, it was concluded that it was necessary to standardize some of the countermeasures against infectious diseases and develop more countermeasures.

Gradational Risk Management in Procurement Phase for Plant Projects (플랜트 프로젝트의 구매조달 단계별 리스크 분석에 관한 연구)

  • Na, Sung-Yub;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.3
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    • pp.59-65
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    • 2009
  • In the plant EPC project, the procurement work can be considered as the most important part that affects the success or failure of project as it has the closest mutual influence in every execution process of the project. Procurement takes up generally 60% ~ 70% of the entire project budget and the current trend of plant EPC project becoming larger in scale and a variety of process technology being applied. So, it is needed to identify the risks that are expected to occur according to the stages of procurement work, namely, proposal stage, manufacturer selection and purchasing agreement stage, expediting the process management of manufacturer stage, inspection stage and logistics & transportation stage. The management of observation and control of the risks should be performed with the response techniques which are 'avoid',' transfer'and' mitigate'.

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An Empirical Study on Behavior and Psychology Concerning Invoice Disposal in the Context of Courier Services: A Comparative Study on Korea and the U.S.

  • Se Hun Lim
    • Asia pacific journal of information systems
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    • v.28 no.2
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    • pp.133-153
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    • 2018
  • This study investigates responses to privacy concerns by analyzing the psychological and behavioral characteristics related to the disposition toward invoices of courier service users. To this end, we develop a theoretical framework by combining stimulus response theory, communication privacy management theory, the theory of reasoned action, and the theory of planned behavior. Based on the theoretical framework, we analyze the relationships between social influence, privacy propensity, privacy control, privacy risk, privacy concern, invoice disposition intention, and invoice disposition behavior in the context of courier services. To test our hypotheses, we survey courier service users in the U.S. and Korea. Using a structural equation model, we test the relationships among these various factors for the courier service users of the two countries. Results have distinct implications for the psychological and behavioral characteristics concerning the disposal of courier invoices and enable understanding of the characteristics of courier service customers of the two countries.

Internal Marketing Approach to Internal Satisfaction, Loyalty and Organization Performance : Using Logistics Regression (내부마케팅이 직무만족, 애호도, 기업성과에 미치는 영향 : 로지스틱회귀분석 방법을 이용)

  • Son, Hee-Young;Kang, Man-Su;Park, Sang-Kyu
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.3
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    • pp.117-131
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    • 2014
  • As interests in the management of government-owned corporation rise, in these days, debt reduction and normalization of management of those companies have been proceeding under the lead of government. At this point, it is very important to seek internal marketing method for improvement of internal employees' satisfaction, loyalty and organization performance. This study analyzes impact of factors of internal marketing effect on organization satisfaction, loyalty and organization performance in the context of the domestic public companies, the Korea Electric Power Corporation (KEPCO) and the Korea Water Resources Corporation (K-WATER)'s employees empirically. There are some significant differences between the two publics. It is proved that delegation of the authority influences on internal satisfaction and organization performance in the case of KEPCO, and education and training influence on internal satisfaction and organization performance in the case of K-WATER. On the other hand, in the case of K-WATER, any internal marketing factors don't influence on loyalty. The results of this study show somewhat different characteristics depending on the characteristics of firm, however, it is expected that this study can be very useful in regards to similar public enterprises or businesses.

Cybersecurity Development Status and AI-Based Ship Network Security Device Configuration for MASS

  • Yunja Yoo;Kyoung-Kuk Yoon;David Kwak;Jong-Woo Ahn;Sangwon Park
    • Journal of Navigation and Port Research
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    • v.47 no.2
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    • pp.57-65
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    • 2023
  • In 2017, the International Maritime Organization (IMO) adopted MSC.428 (98), which recommends establishing a cyber-risk management system in Ship Safety Management Systems (SMSs) from January 2021. The 27th International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) also discussed prioritizing cyber-security (cyber-risk management) in developing systems to support Maritime Autonomous Surface Ship (MASS) operations (IALA guideline on developments in maritime autonomous surface ships). In response to these international discussions, Korea initiated the Korea Autonomous Surface Ship technology development project (KASS project) in 2020. Korea has been carrying out detailed tasks for cybersecurity technology development since 2021. This paper outlines the basic concept of ship network security equipment for supporting MASS ship operation in detailed task of cybersecurity technology development and defines ship network security equipment interface for MASS ship applications.

Optimization Methodology for Sales and Operations Planning by Stochastic Programming under Uncertainty : A Case Study in Service Industry (불확실성하에서의 확률적 기법에 의한 판매 및 실행 계획 최적화 방법론 : 서비스 산업)

  • Hwang, Seon Min;Song, Sang Hwa
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.137-146
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    • 2016
  • In recent years, business environment is faced with multi uncertainty that have not been suffered in the past. As supply chain is getting expanded and longer, the flow of information, material and production is also being complicated. It is well known that development service industry using application software has various uncertainty in random events such as supply and demand fluctuation of developer's capcity, project effective date after winning a contract, manpower cost (or revenue), subcontract cost (or purchase), and overrun due to developer's skill-level. This study intends to social contribution through attempts to optimize enterprise's goal by supply chain management platform to balance demand and supply and stochastic programming which is basically applied in order to solve uncertainty considering economical and operational risk at solution supplier. In Particular, this study emphasizes to determine allocation of internal and external manpower of developers using S&OP (Sales & Operations Planning) as monthly resource input has constraint on resource's capability that shared in industry or task. This study is to verify how Stochastic Programming such as Markowitz's MV (Mean Variance) model or 2-Stage Recourse Model is flexible and efficient than Deterministic Programming in software enterprise field by experiment with process and data from service industry which is manufacturing software and performing projects. In addition, this study is also to analysis how profit and labor input plan according to scope of uncertainty is changed based on Pareto Optimal, then lastly it is to enumerate limitation of the study extracted drawback which can be happened in real business environment and to contribute direction in future research considering another applicable methodology.