2005 2006 2007 2008
GDP(US$ 100milion) 8,447 9,511 10,493 9,287
Total industries’s sales
(KRW trilion) 1,611 1,702 1,864 2,272
Ratio of corporate logistics cost to sales(%) 9.7 9.6 9.6 9.5
Ratio of paid logistics costs(%) 42.9 43.0 43.1 43.1
Logistics market size(KRW trilion) 67 70 77 93
Change from the previous year(%) 13.4 5.1 8.8 21.4
1992.06 : Basic construction plan for new a
2-3. Rapidly Growing Logistics Market
South Korea boasts an excellent location in Northeast Asia and a superior logistics infrastructure which is linked to various major cities in the region. South Korea's world-class manufacturing companies including Samsung Electronics, Hyundai-Kia Motors, LG Electronics, LG Display, Hynix Semiconductors, Hyundai Heavy Industries, POSCO, and Hyundai MOBIS pro
showing gradual increase in demand
the trend seems to be upward
1. To avoid political conflict with the US government.
2. To make ‘Hyundai-favored atmosphere’ among Americans.
3. To build the image of ‘global car-making company’
by entering into US market.
Incentives from the city
Favorable weather
Advantages in logistics
Eclectic paradigm
of the distribution center in Arteixo and their factories in Coruna.
Internal Analysis: Zara’s Value Chain
If we look deeper into Zara’s business process, we can draw a value chain that consists with five steps of business activities. They are research and design, inbound logistics, manufacturing, outbound logistics, marketing and sales.
The first step of the process is its researc
1. Introduction
The word BRICs first appeared in 2003 by Goldman Sachs. It is consisted of Brazil, Russia, India, and China. These four countries were and still are receiving big attention as emerging economies from 1990’s. They commonly have huge territory, population and abundant underground resources. Among them, Russia recently held big sporting events such as World Championship in