Economic Growth in South KoreaBarton, Laurence
1992 International Journal of Physical Distribution & Logistics Management
doi: 10.1108/EUM0000000000407
South Korea is set to become the next giant of Asia.A strong industrial base, driven workforce and widespread governmentsubsidies have allowed major chaebols conglomerates to makesignificant gains in the global arena, but at some expense. Labourunrest is sporadic but serious, environmental abuses are generatingconsumer outrage, and smaller Korean businesses are concerned aboutconcentrated wealth and power in companies such as Hyundai, Samsung andLuckyGold Star. Discusses the evolution of the Korean economic miracleand offers insight as to potential hurdles in the years ahead if thatmomentum is to be sustained.
Materials Management in Capitalintensive IndustriesMitchelson, Martin
1992 International Journal of Physical Distribution & Logistics Management
doi: 10.1108/EUM0000000000410
In capitalintensive industries, the management of the primerevenueearning capital assets is of critical importance. While much hasbeen done to improve some key functions, such as maintenance of theasset, the area of materials management a critical supportservice is frequently ignored. Defines the scope and impact ofmaterials management and sets out the key aspects involved in optimizingperformance. Places emphasis on aligning the objectives ofmaterials with overall corporate goals, and examines anumber of internal and external influences such as people factors,customer and supplier relationships, systems and technology, markettrends and industry developments to enable definition of the rightmaterials strategy.
Reshaping a Logistics Group for the FutureEdstein, Gary
1992 International Journal of Physical Distribution & Logistics Management
doi: 10.1108/EUM0000000000413
Explains how DHL International is reshaping a highly successfultransport company of today into a service provider of logisticssolutions for tomorrow. Explores the significance of valueaddedservices the term courier is no longer applicablein todays competitive global environment, where speed is the essence.Transport, inventory management and location of warehousing all nowcontribute towards the ultimate in customer service with the emphasis oncosteffectiveness. Transport solutions have now replaced the movementof freight as a mission concept, involving staff training, changes inorganizational structure, joint charter operations, express logisticscentres, all logistics innovations being driven by IT. Sees expressdistribution as the core business of the future.