What is Liberalization?
In general, liberalization (or liberalisation) refers to a relaxation of previous government restrictions.
What is Liberalization of Logistics?
Liberalization of Logistics refers to a relaxation of previous government restrictions in areas of logistics.
For instance, Air Service Liberalization, Maritime Transport Liberalization, Rail liberalization, Pipe libe
Company : Korean Air
1) Summary of Korean Air
Korean Air was established in 1962 and have been represented leading airline company in Korea. This company's parent company is 'GROUP HANJIN' and has a subsidiary company 'Jin Air'. Company's vision is 'To be a Respected Leader in the World Airline Community' and company's mission is 'Excellence in Flight'.
Korean Air's business field consist
(Definition of an air transport Hub)
-Just simply, a hub airport is a center airport.
-And from this main airport, all small, medium sized airports are linked.
-It acts as switching centers so it intermediates flows between multiple origins and multiple destinations.
-Airline companies first gather both passengers and cargos to this hub airport and from there, they are re-gathered and later
This idea can be applied to logistics as well. In the past, logistic cost has been defined in purely monetary terms. However, as not only in the EU but also in the USA and other countries became more and more aware of environmental problems ,for instance because of climate change, air pollution, noise and accidents, environmental considerations has been taken in logistics kfield. This is how Gree
2. Direct combustion
3. Catalytic oxidation
4. Ozone oxidation
1. Inconsistent efficiency
Efficiency sharply drops when it works for long time.
It happens as nutrients for microorganisms are insufficient.
2. Unequal growth of microorganisms
Efficiency decreases, hard to handle when factors change suddenly
3. Biomass Clogging
Inhibition of flow ofair and loss of pressure
of late 20th century many companies started to do business not only in domestic, but also overseas. In this period there was the significant shift from conventional break-bulk terminals to container terminals. It brought a fundamental change in the function and layout of terminals. To deliver cargo more safely and efficiently carriers used containers. Therefore the port had to provide container d
of containers and general cargo that enters or leaves the ICD in containers
->Decrease the delivery date, logistics cost
The features of Sea & Air intermodal mode
Faster than Sea transportation and cheaper than air transportation
(generally , Sea & Air transportation is cheaper by 60% than air transportation)
Reduce the cost of transportation required for the stock
Responsibilit
of sales to build low-cost, high efficiency national logistics systems, and to enhance the global competitiveness of key national industries. The government is striving to develop South Korea's logistics system into the world's best so as to enhance the country's competitiveness while effectively supporting corporate activities.
Ⅲ. AIR TRANSPORT
1. OVERVIEW- Air Transport industry in Korea
of motivation very well through the manager-employee relationship. Closely viewed, Southwest keeps track of subordinates, and tries to provide what is best for the employees. That is also the reason why Southwest Airline states that over 87 percent of employees are in the work union. Southwest has never had a strike, and now that the network carriers have whacked away at salaries and benefits, So
of a cost-leader not only in terms of passenger volumes but being the lowest cost operator in the airline industry.
Chapter 6
6.2. Discuss how your company has attempted to develop strategies to protect and strengthen its business model. If it operates in a mature industry, discuss how it has tried to manage industry competition.
When Ryanair entered the air-travel industry, there wer