• Title/Summary/Keyword: smart factory utilization

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Effects of Smart Factory Quality Characteristics & Innovative Activities on Business Performance : Mediating Effect of Using Smart Factory

  • CHO, Ik-Jun;KIM, Jin-Kwon;AHN, Tony-DongHui;YANG, Hoe-Chang
    • The Journal of Economics, Marketing and Management
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    • v.8 no.3
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    • pp.23-36
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    • 2020
  • Purpose: The purpose of this study is to identify the strategic direction of organizations and their employees to efficiently utilize smart factories and enhance business performance among Korean manufacturing companies. Research design, data, and methodology: We derived a structured research model to check the mediated effect of utilization of smart factory between the characteristics of smart factory and the innovation activities. Results: Quality characteristics of smart factory and Innovation activities were all found to have a statistically significant effect on utilization of smart factory, utilization of smart factory was found to have a statistically significant effect on the business performance. And it has been shown that the utilization of smart factory is partially mediated relative to the quality characteristics of smart factory and business performance and relative to innovation activities and business performance. Conclusions: Smart factory builders can reflect the areas that affect utilization of the smart factory in their strategies by considering the quality characteristics of the smart factory and innovation Activities. Therefore, smart factory builders can identify the quality characteristics of smart factory and reflect them in the process and analyze active utilize measures through the innovative activities of the employees of the organization, thereby influencing business performance.

The Effect of UTAUT, Dynamic Capabilities, Utilization of Smart Factory on the Intention to Continue Using: Technology Perception Moderating Effect

  • Jin-Kwon KIM;Kyung-Soo LEE
    • The Journal of Economics, Marketing and Management
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    • v.11 no.6
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    • pp.43-55
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    • 2023
  • Purpose: The purpose of this study was to identify the relationship between smart factory utilization and continued use intention between UTAUT, dynamic capabilities of smart factory construction companies and present the company's strategic direction. Research design, data, and methodology: In this study, a structured research model was derived to confirm the relationship between UTAUT, dynamic capabilities, smart factory utilization and continued use intention and the difference according to Technology perception. For analysis a total of 223 valid questionnaires from e-commerce users were used. Confirmatory factor analysis, correlation analysis, and structural equations were conducted to verify. Results: Both UTAUT, dynamic capabilities had a significant effect on smart factory utilization as well as continued use intention. It was found that the relationship between UTAUT, dynamic capabilities, smart factory utilization, and continued use intention. differed depending on the technology perception. Conclusions: Organizational members utilize the smart factory in anticipation of effects such as work performance and various improvements. Smart factory data will be used continuously when it is useful for business processes and operations. It is necessary to establish strategies and provide training to improve the technical level and capabilities of organizational members. Through this, a strategy is needed that can be continuously used by utilizing the information obtained through smart factory to improve work efficiency, productivity and efficiency increase is needed

Impact of Digital Transformation on Business Performance: Moderating Role of Innovation Resistance and Organizational Characteristics

  • Jin-Kwon KIM;Min-Chul KIM;Tony-DongHui AHN
    • The Journal of Economics, Marketing and Management
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    • v.12 no.4
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    • pp.65-76
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    • 2024
  • Purpose: This study aims to identify the relationship between SMEs' digital transformation capabilities, smart factory utilization, and management performance. It also aims to suggest how companies strategically utilize smart factories to achieve a competitive advantage and sustainable growth through empirical analysis of differences in innovation resistance and organizational characteristics. Research design, data, and methodology: This study Implement for SME's building smart factories did. The survey was conducted for 90days from October 1st, 2023 to December 31th, 2023. Total of 210 surveys were collected, and 186 surveys, excluding ones with missing value and outliers (64 surveys), were used. Results: The results of the empirical analysis based on previous research are as follows. First, digital transformation capabilities such as digital technology, digital leadership, and digital strategy affect smart factory utilization. Second, smart factory use affects operational performance. Third, innovation resistance has a moderating effect in the relationship with digital transformation capabilities, smart factory utilization, and management performance. Fourth, organizational characteristics have a moderating effect in the relationship with digital transformation capabilities, smart factory utilization, and management performance. Conclusions: Explore strategic ways to improve your organization's digital transformation capabilities. It is necessary to establish a strategy to make organizational members aware of the necessity and importance of introducing a new system through centralization of the organization.

The Impact of Small and Medium-Sized Enterprises Utilization of Smart Factories on Firm Performance (중소기업의 스마트팩토리 활용도가 기업 성과에 미치는 영향)

  • Dong-Kyu An
    • Industry Promotion Research
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    • v.9 no.4
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    • pp.55-64
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    • 2024
  • The smart factory has already achieved a certain level of establishment in domestic industries. In contrast, empirical research on the smart factory is not sufficient. Therefore, examining how the smart factory has contributed to firm performance is necessary. Based on these research needs, this study analyzed smart factory's mediating effects in terms of ambidextrous innovation's impact on firm performance. Based on the analysis results mentioned above, this study recommends increasing follow-up management and strengthening training for utilizing capacity to increase smart factory utilization that improves the establishment level for smart factories. It is required to upgrade the establishment level to boost firm performance, and increased follow-up management and enhanced training should be carried out to maximize the utilization capacity of corporates from the current level of smart factory utilization.

A Study on Strategic Utilization of Smart Factory: Effects of Building Purposes and Contents on Continuous Utilization (스마트 팩토리의 전략적 활용 연구: 구축 목적 및 내용이 지속적 활용에 미치는 영향)

  • Oh, Ju-Hwan;Kim, Ji-Dae
    • Korean small business review
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    • v.41 no.4
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    • pp.1-36
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    • 2019
  • The purpose of this study is to identify the relationships among purposes and contents of smart factory building and continuous utilization of smart factory. Specifically, this study identifies two types of purposes of smart factory building as follows: (1) improving productivity, (2) increasing flexibility. In this study, three aspects of smart factory building contents were suggested like this: (1) automation area (facility automation vs. work automation), (2) big data system focus (radical transformation vs. incremental improvement), and (3) value chain integration area (internal value chain integration vs. external value chain integration). In addition, we looked at how firm size moderates the purposes - contents - continuous utilization of smart factory relationship. A questionnaire survey was conducted on 151 manufacturing companies. More specifically, out of 151 companies, 100 are small-and-medium-sized enterprises and 51 large-sized enterprises. All questionnaires were targeted at companies with Smart Factory level above level 2. The analysis results of this study using Smart PLS statistical programs are as follows. First, the purposes of smart factory building including increasing productivity and flexibility had positive impacts on all of the contents of smart factory building. Second, all of smart factory building contents had positive impacts on the continuous use of smart factory except big data system for incremental improvement of manufacturing process. Third, the impacts of smart factory building purposes implementation on smart factory building contents varied depending on whether the purpose is productivity improvement or flexibility. Fourth, it was founded that firm size moderated the relationships of purposes - contents - continuous utilization of smart factory in such a way that large-sized firms tend to empathize the link between flexibility and smart factory building contents for continuous use of smart factory, while small-and-medium-sized-firms emphasizing the link between productivity and smart factory building contents. Most of the previous studies have focused on presenting current smart factory deployment cases. However, it is believed that this research has made a theoretical contribution in this field in that it established and verified a research model for the smart factory building strategy. Based on the findings from a working-level perspective, corporate practitioners also need to have a different approach to smart factory building, which should be emphasized depending on whether their purpose of building smart factory is to increase productivity or flexibility. In particular, since the results of this study identify the moderating effect of firm size, it is deemed necessary for firms to implement a smart factory building strategy suitable for their firm size.

Investigation of Factors for Smartization of Ppuri Enterprises Based on the Smart Factory Status (뿌리기업 스마트공장 구축 현황과 영향관계 분석)

  • Kim, Bo Kyung;Lee, Sang Mok;Kim, Tae Bum;Kim, Taek Soo;Kim, Chang Kyung
    • Journal of Powder Materials
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    • v.29 no.2
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    • pp.166-175
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    • 2022
  • Ppuri or Root technology primarily includes technologies such as casting, mold, plastic working, welding, heat treatment and surface treatment. It is regarded as an essential element for improving the competitiveness of the quality of final products. This study investigates the current status of smart factory implementation for Ppuri companies and analyzes the influencing relationships among various company factors. The factors affecting smart factory implementation for Ppuri companies are sales, exports, number of technical employees, and holding corporate research institutes. In addition, this research shows that even if smart factory implementation is pursued for data collection, data utilization is not implemented properly. Thus, it is suggested that the implementation of smart factories requires not only the availability of facilities and systems but also proper data utilization.

A Study on the Effect of Technological Innovation on the Implementation of Smart Factory through the Environmental Factors of the Enterprise -Absorption Capacity as Moderating Variable- (기업의 환경요인을 통한 기술혁신이 Smart Factory 구축에 미치는 영향 연구 -흡수역량을 조절변수로-)

  • Jin, Sung-Ok;Seo, Young Wook
    • The Journal of the Korea Contents Association
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    • v.19 no.10
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    • pp.407-420
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    • 2019
  • This study is an empirical study of 'the effect of Technological innovation through environmental factors of an enterprise on the implementation of a Smart Factory'. The purpose of the research is to improve the utilization and effectiveness of the Smart Factory by considering and implementing factors that will be promoted in an internal environment or focus when building. The research method was statistical analysis with SMART PLS by surveying the relevant personnel of the company that implemented the Smart Factory. The results of the study showed that internal organizational factors and self-efficacy have a positive effect on technological innovation, and technology innovation has a positive effect on the key factors of smart factory implementation. And the absorbing capacity, which is a moderating variable, has a positive effect in part on the key factors of smart factory implementation by interacting with technological innovation factors. This study can be used by companies that want to implement a smart factory, and it has the significance of laying the theoretical foundation for research on smart factory implementation through empirical analysis.

A Study on the Establishment of Smart Factory through the Environmental Factors and Absorption Capacity of Small and Medium Businesses (중소기업의 환경요인과 흡수역량을 통한 Smart Factory 구축 연구)

  • Jin, Sung-Ok;Seo, Young Wook
    • Journal of Convergence for Information Technology
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    • v.9 no.7
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    • pp.67-77
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    • 2019
  • Many small and medium-sized enterprises are deploying Smart Factory without due consideration of the circumstances in which the entity is in or outside of the entity, such as environmental changes and the capabilities of its members. Therefore, utilization and effectiveness are also low after deployment. This study verifies 'the establishment of a Smart Factory through the environmental factors and absorption capabilities of small businesses' through empirical research. The survey was received by people working for small and medium-sized companies that have established Smart Factory. The results of the study showed that first, environmental factors within and outside the company had a positive effect on the absorption capacity within the company. Second, the absorption capacity within a company has had a positive effect on the deployment of a Smart Factory. Based on the above proof, it has been proved to be effective if the core areas of the Smart Factory are built on the basis of the company's internal and external environmental factors and absorption capabilities when constructing Smart Factory in small businesses. In the future, we will study the achievements of smart factory construction.

Effects of Internal and External Characteristics of Korean SMEs on the Introduction of Smart Factory : An Exploratory Investigation on the Metal Processing Industry (국내 중소기업의 내·외부 요인이 스마트팩토리의 도입에 미치는 영향에 관한 탐색적 연구 : 금속가공업을 중심으로)

  • Lee, Jonggak;Kim, Jooheon
    • Journal of Information Technology Services
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    • v.19 no.6
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    • pp.97-117
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    • 2020
  • Five years have passed since the introduction of the smart factory amid the new opportunities for growth and job creation in relation to domestic manufacturing companies. Nevertheless, there is a lack of analysis on SMEs introduction smart factories. This study empirically analyzed the effects on the introduction of smart factories of domestic metal processing SMEs by distinguishing the characteristics of enterprises In this study, 103 companies which introduced smart factories and another 106 companies which did not introduce them were sampled. The Introduction of the Smart Factory was analyzed by four categories such as the Company characteristics (R&D capability, product production capability, organizational change), entrepreneur characteristics (risk sensitivity), relational characteristics (trust, dependence, cooperation, Influence), and structural characteristics (competition). As a result of the research, we found out product production capacity, risk sensitivity, trust and cooperation, Influence, and competition are statistically significant in the introduction of smart factory. But competition was characterized by a negative (-) sign opposite to the hypothesis. This study is meaningful in that the scope of the analysis has been expanded by analyzing whether smart factory was introduced or not considering the characteristics of the company. And there should be continuous research on its utilization as well as the introduction of smart factory.

Effects of Smart Factory Quality Characteristics and Dynamic Capabilities on Business Performance: Mediating Effect of Recognition Response

  • CHO, Ik-Jun;KIM, Jin-Kwon;YANG, Hoe-Chang;AHN, Tony-DongHui
    • The Journal of Industrial Distribution & Business
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    • v.11 no.12
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    • pp.17-28
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    • 2020
  • Purpose: The purpose of this study is to confirm the strategic direction of the firm regarding the capabilities of the organization and its employees in order to increase the utilization and business performance of employees by that introduce smart factories in the domestic manufacturing industry. Research design, data, and methodology: This study derived a structured research model to confirm the mediating effect of recognition responses between the quality characteristics of smart factories and dynamic capabilities. For the analysis, a total of 143 valid questionnaires were used for 200 companies that introduced smart factories from domestic SME's. Results: Quality Characteristics of Smart Factory and Dynamic Capabilities had a statistically significant effect on Usefulness. Recognition Response had a statistically mediating on the relationship between quality characteristics of smart factory and business performance. Recognition Response had a statistically significant effect on business performance. Conclusions: It suggests that firms introducing smart factory reflect them in their empowerment strategic because the recognition responses of its employees differ according to the quality characteristics and dynamic capabilities of smart factories. It also means that the information derived from the smart factory system is useful and effective to business performance and employees.