• Title/Summary/Keyword: wholesale market

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The Effects of Olive Flounder Outlook Project : Price Stabilization, Market Efficiency, and Causality Analysis on the Prices by Distributional Channel (넙치 관측사업 효과분석 : 가격안정 및 시장효율성 개선효과, 산지-도매가격간 인과성 분석을 중심으로)

  • Lee, Heon-Dong;Ahn, Byeong-Il
    • The Journal of Fisheries Business Administration
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    • v.47 no.1
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    • pp.1-20
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    • 2016
  • The purpose of this study is to assess the effects of outlook project for olive flounder, from the view point of price stabilization, market efficiency, and causality of the prices in different distribution channels. Analytical results show that the volatility of producer price of olive flounder has been significantly mitigated after the implementation of the outlook project. The market efficiency is estimated to be improved after implementing the outlook project although there is an inefficiency on price determination process in some producing regions. The causality test on the producer and wholesale price shows that producing stage leads the wholesale stage in forming the prices. It is found that Jeju leads the flounder price on the size of 500g and 2kg, while Wando leads the price of 1kg size. These estimation result as whole indicate that outlook project for olive flounder has accomplished the intended goals.

Problems and complementary Measures from the Overall Enforcement of Free Market System;- Fish Markets in the Production - (자유판매제 전면 실시에 따른 문제점과 보완대책;-산지 어시장제도를 중심으로 -)

  • Kim, Seung
    • The Journal of Fisheries Business Administration
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    • v.26 no.1
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    • pp.9-27
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    • 1995
  • From now on, the direction of fishery products circulation measure should be improved the system to give just the right of free choice of sale route like retail, direct sale, direct dealings and direct shipping only for fishermen to produce them diversifing the function and the role of current fish market in the production to prepare the fishery internationalization, to improve the competitiveness of coastal and off-shore fishery. Practically wholesale market in land and fish market in the production have the different function and role, the organization of wholesale market in land can't substitute the essential function and role which fish market in the production should perform. So far, fisheries cooperatives as a managing subject of fish market in the production have depended on the consignment sales and purchases of fishery products but, from now on, it should be explore the widespread supply way of fishery products by producing value - added fishery products that should bring higher demand from the consumers, producer - consumer direct marketing system through not only consignment sales but also direct sales that common processing and manufacturing system of fishery products under the management of FC has been established. The direction of the idealest structural improvement of fishery production circulation organization is to establish the the position of the fishery retail price leader based on the standard of market in the fisheries production due to existing characteristics of fisheries, accordingly, to harmony the market organization of direct transportation, direct sales and direct dealings form by producer and group of producers with market organization in the fisheries production, and to make the condition to do the appropriate distributive function.

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Rational Regulatory Framework Regarding the Appraisal of Mobile Telecommunication Market Domination (이동통신의 시장지배력 평가에 대한 합리적 규제방안 - 이동전화 도매착신 시장을 중심으로 -)

  • Kwak, Jeong Ho
    • Journal of Internet Computing and Services
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    • v.18 no.2
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    • pp.113-121
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    • 2017
  • As the industrial structure of the mobile telecommunications market is transforming into the ICT ecosystem centered on smartphones, the regulatory system conforming to the new ICT environment has become the main subject of discussion in key developed countries. The EU segmented the mobile phone service into wholesale and retail. Simultaneously, the EU appraised mobile telecommunication carriers' market domination in segmented markets to continuously improve the scheme to promote competition in the telecommunications market. In Korea, also, there is discussion about adopting the EU scheme to segment the mobile phone market definition more finely and taking measures to appraise the market domination in accordance with object appraisal criteria. As such, this study analyzes whether the current criteria for appraising the wholesale termination rate market domination under the ICT's domestic mobile telecommunication ecosystem is adequate and presents the rational improvement measures reflecting the theoretically suggested evaluation factors.

System Frequency and Reserve Standards for Korean Wholesale Electricity Market (도매경쟁 전력시장에서의 주파수 및 예비력 신뢰도 기준(안))

  • Yoon, Jae-Young;Kim, Ho-Yong;Oh, Tae-Kyoo;Ok, Ki-Youl;Kim, Sung-Soo;Kim, Yong-Wan
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.182-184
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    • 2001
  • This paper presents the application draft of system frequency and reserve criteria for Korean Wholesale Electricity Market. This application draft of system frequency and reserve criteria is based on frequecy, voltage control rules and technical rules for ancillary services agreements prepared by KEMA and the present conditions of KEPCO system operations and future directions.

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Dispatch Rules For Korean Wholesale Electricity Market (도매경쟁 전력시장에서의 급전규칙)

  • Chun, Yeong-Han;Kim, Seul-Ki;Oh, Tae-Kyoo;Kim, Sung-Soo;Kim, Yong-Wan;Kim, Sung-Hak
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.173-175
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    • 2001
  • This paper describes the dispatch rules prepared for Korean Wholesale Electricity Market. The dispatch rules set out the procedure for the scheduling and dispatch in the operational timescale. It details the process whereby the KPX produces an operatinal schedule taking into account system and operational limitations-the constrained schedule.

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A Study on the Problems and Character for Management of Fire Prevention at the Wholesale Markets (도매시장 화재안전관리 측면에서의 특성 및 취약요소에 관한 연구)

  • Park, Jae-Sung;Im, Jae-Keun
    • Fire Science and Engineering
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    • v.24 no.5
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    • pp.150-158
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    • 2010
  • There are lots of buildings with their deterioration in wholesale markets which have high concentration that can cause big fire due to difficulty of installing fire protection system in fire compartment, absence of safety awareness, access by many and unspecified people. There had been big fire that caused by these kind of fire weakness such as Seomun Market's in 2005 which costed tens of millions dollar, Dongmun Shopping District’s with 7 casualties. Now counter-measure against these fire is urgently needed. This study drew characteristic of current condition of wholesale markets and the one classified by main agent, fire cases and prevention of fire through statistical data. Also, current condition of fire prevention management and actual state were investigated by conducting a survey of person in charge of fire prevention and current practician. As a result, it was shown that securing professionalism of fire prevention, improvement of structural weakness of buildings, obtaining reliability on performance of fire protection system and internal fire education against practician in the market are needed.

Channel Innovation through Online Transaction processing System in Floral Wholesale Distribution: FLOMARKET Case (화훼도매 온라인 거래처리 시스템을 통한 유통경로 개선방안 연구: (주)플로마켓 사례)

  • Lee, Seungchang;Ahn, Sunghyuck
    • Journal of Distribution Science
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    • v.8 no.1
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    • pp.21-33
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    • 2010
  • The ICT(information & communication technology) led to a dramatic change of floral distribution service, a phase of competition between wholesales and retail stores, and distribution channels in floral industry. It was expected that a role of the intermediaries in this industry would have reduced due to the improvement of transaction process by ICT. However, the ICT made to overcome a regional limit of the floral retail distribution service leading to an increase in sales and enlargement of the stores. And even it made possible to bring out another type of intermediaries such as private associations. This case study focuses on what kinds of efforts the floral wholesale distributors have made to enable a distribution process more smoothly between the wholesale distributors and retail stores through the information system, and what the failure factors in adopting the information system have been. This paper is also to examine how the wholesale distributors have changed themselves to gain dominant positions in distribution channels. As a result of the study, it was found that the intermediaries mostly failed in successfully achieving the distribution channel innovation through the information system because of several main reasons. FLOMARKET Inc. tried to innovate a distribution channel to obtain high quality goods through consolidating a wholesale distribution market in that segregated both floral joint market from free markets. after implementing the information system with consideration of the failure factors, FLOMARKET Inc. was able to minimize goods in stock and make a major purchase of various goods. In addition, it made a possible pre-ordering process and an exact calculation of purchasing goods so they could provide their products with market price in real time, which helped for the company to gain credits from their customers. Also, FLOMARKET Inc. established the information system which well suited to its business stage in order to deal with a rapidly changing distribution environment. It's so obvious that the transaction processing system of FLOMARKET Inc. definitely helped to share information among traders more seamlessly and smoothly in realtime, standardize goods, and make a transaction process clearer. Besides, the transaction information helped the wholesale distributors and retail stores to make more strategic decisions in their business because through the system they enabled to gather the marketing intelligence information more easily and convenient. If we understand that the floral distribution market is characterized by the low IT- based industry, it's worth to examine a case study proving that the information system actually increases the productivity of the transaction process in the floral industry.

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Strategies to Enhance the Linkage between Retailers and Agricultural Product Wholesale Markets (소매업체와 농산물 도매시장의 연계성 강화 방안 - 청과물을 중심으로 -)

  • Kim, Dong-Hwan
    • Journal of Distribution Research
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    • v.15 no.5
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    • pp.273-285
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    • 2010
  • This paper analyzes retailers' purchasing patterns of fruits and vegetables and the problems with purchasing from agricultural product wholesale markets. While large-scale retailers purchase fruits and vegetables from various sources, medium and small-scale retailers and food service companies buy them mostly from agricultural product wholesale markets. The retailers point out the problems with purchasing from agricultural product wholesale markets as a lack of quality uniformity, not sufficient cooling storage facilities, not sufficient space for shipping area, high distribution cost, unnecessary price fluctuation, and etc. In order to enhance the linkage with retailers, agricultural product wholesale markets, first of all, have to adopt more flexible trading methods such as private treaty besides auctions which are exclusively legitimate trading methods in the market. Necessary are enlargement of jobbers' operating scale, securing shipping space for retailers, adoption of inspection service, introduction of methods to stabilize auction prices, saving of loading and unloading costs, implementation of marketing strategies.

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