Abstract Purpose – The aim of this paper is to investigate the gap between cost-based and time-based revenue recognition schemes in the accounting of ship-owning corporations, and to propose cost-based revenue recognition (as in general accounting practice) in connection with the performance obligations. Design/methodology/approach – For a comparative analysis of time-based (traditional ap…
Despite ample hydrocarbon reserves, Indonesia's oil and gas production is set to face long-term declines over the next decade. Investment interested in the Indonesian upstream sector will prove muted due to notorious regulatory issues, uncertainty surrounding ongoing review of the domestic oil and gas law and the high-cost, long-term nature of potential projects.
Falling production against rising demand will see Indonesia become a larger importer of crude oil, refined fuels and natural gas (in the form of LNG) over our 10-year forecast period. Notably, diminishing gas supplies and subsequent pressure to exports will turn Indonesia into a net LNG importer for the first time by 2021. Realisation of the government's ambitious downstream expansion plans cou…
Falling production, slowing exploration interest and a maturing asset base - alongside rapid consumption growth - will increase Indonesia's dependency on crude oil and refined fuels imports over the coming years. The country's historical self-sufficiency in natural gas is expected to end by 2022.
This paper explores the current feature of the service provision in the shipping industry and contributes to a more thorough understanding of the industry. A questionnaire was developed to examine the performance of service providers assessed by international shippers in the UK and South Korea. We find that British shippers are more likely to be satisfied with the diversified service provision …
The purpose of this paper is to provide a clustering approach to segment supply chain partners in the automobile industry and prioritize services offered by third party logistics service (3PL) providers
This paper explores the current feature of the service provision in the shipping industry and contributes to a more thorough understanding of the industry. A questionnaire was developed to examine the performance of service providers assessed by international shippers in the UK and South Korea. We find that British shippers are more likely to be satisfied with the diversified service provision …
The former Senior Vice President of Apple Computer and close colleague of Steve Job's throught his tenure, Jay Elliot takes readers on a remarkable tour through Job's astonishing career. From the inception of game chaning products like the Apple II and the Macintosh, to his stunning fall from grace, adn on to his rebirth at the helm of Apple, his involvement with Pixar, and the development of t…
This timely and comprehensive new Handbook brings together an unrivaled group of distinguished scholars and practitioners to provide in-depth analysis and a contemporary perspective on a wide-ranging array of topics in maritime economics. Inherently global in nature, the economics of the maritime sector has proved pivotal in facilitating globalization and international trade. This HandbOOK o…
Buku ini merupakan hasil penelitian yang dimulai tahun 1973, yang berkaitan tentang dampak regulasi terhadap efisiensi industri pelayaran pengantar thee kian wie. Adapun sistematika penelitian ini adalah 1. pendahuluan 2. Evolusi Industri Moderen pelayaran antarpulau 3. struktur pasar dan persaingan 4. dampak persaingan 5. perusahaan 6. PELNI 7. Prasarana 8. Perizinan dan pengendalian …
On the cusp of 2014 national elections and the 2015 integration of the ASEAN Economic Community, Indonesia is poised to continue its rapid economic expansion. While the country’s natural resources are still plentiful, by channelling foreign direct investment into the right areas, the government is ensuring that true potential, in terms of value and manufacturing, is achieved. By inviting t…
The purpose of the paper is to explore the challenges of integrating corporate social responsibility (CSR) with other strategic foci into the supply/contractor chain, both conceptually and empirically, with a focus on one sectorial case: the Norwegian upstream petroleum industry. It compares contradictory theories of strategic focus and explores their implications for the organisation of the su…
The period 1990 to 1993 saw a profound transformation within Swedish industry. This transformation took place in response to the deepest recession experienced in decades. Companies responded by searching for different methods to increase their competitive power. One approach in these efforts was to increase efficiency through the use of different comprehensive quality concepts. Different advoca…
Over the last few years, the progressive scarcity of land for greenfield projects in ports and the enormous financial resources required to realize new terminal facilities have induced international terminal operators (ITOs) to enter in various types of agreements. In particular, ITOs have growingly resorted to equity joint-ventures (EJVs) to develop new infrastructures and share project risks.…
This paper proposes an integrated set of 4Cs indices, namely, centrality index, competition index, congestion index and concentration index to examine network effects in the East Asia container port industry. Empirical analysis confirms that larger ports enjoy greater direct network effects related to economies of scale, whereas, smaller ports leverage on indirect network effects to widen their…
This paper evaluates the impact of risk factors from the container security initiative on Taiwan’s shipping industry by employing a risk management matrix to identify the severity and frequency of CSI risk factors, and discovers some appropriate risk management alternatives. This paper’s findings are as follows: (1) The majority of risk factors have a moderate-risk level, and possible alte…
We witnessed significant technological changes in shipping, including the development of jet aircraft engines and the use of containerization in ocean shipping. In the maritime industry, more than 90 percent of international cargo moves through seaports, and 80 percent of seaborne cargo moves in containers. This shows that the importance of seaborne trade, in particular, trade by containers. Th…
HONG J. (2007) Firm-specific effects on location decisions of foreign direct investment in China’s logistics industry, Regional Studies 41, 673–683. This paper uses conditional logit models to investigate firms-specific effects on location decisions of foreign direct investment in China’s logistics industry. Based on a recent census database, the empirical results indicate that the import…
Apparel firms confront the problem with effective order allocation among factories when conducting global logistics operations. The problem is non-deterministic polynomial-time hard and often complicated to obtain an optimal solution. This research tried to solve, by heuristic method, the problem via applying the learning curve to the capacity planning to improve the decision-making on global l…
The recent proliferation of inter-firm collaborative linkages within the container port industry is progressively shaping a complex architecture of voluntary ties among terminal operators, i.e. an inter-organizational network. Within the overall industry network, some stable groups of densely interconnected firms emerge suggesting the existence of “cliques” where firms repeatedly cooperate …
The paper analyzes factors affecting the competitiveness of Asian container terminals by including quantitative as well as qualitative factors such as operating capacity, convenient facilities, electronic documents handling capacity and connectivity to hinterland. I provide evidence that those factors have a nonnegligible role as to competitiveness of container terminals. The paper applies a pa…
The purpose of this paper is to propose a real-time food receiving operations management system (RFRS), focusing on demonstrating the use of a case-based reasoning (CBR) and radio frequency identification (RFID) technology in managing the complex food receiving activities in distribution centers, to deal with the global concerns in food safety management
These two cases give accounts of technological innovation in a particular industry, ie bulk cargo handling and containerisation in the port industry. The geographical setting is the Pacific Coast of Northern California, more precisely at Sacramento and at San Francisco. The subject of technological innovation is a vast one, the extent of the port industry along the full length of the Pacific Co…
The purpose of this paper is to report the findings of a study on the management of intellectual capital in Fortune Motors. It intends to highlight how an automobile service firm apply dynamic knowledge management concept to create new service processes which resulted in breaking through the bottleneck of profit loss
The purpose of this paper is to recount the history of the marketing of the maritime passenger industry (known today as the cruise industry). This is a unique industry that has survived and thrived for almost 175 years despite dramatic environmental changes. This history focuses on passenger shipping in and out of the USA first from/to European ports, later focusing on cruises from the USA to t…
Chandra Asri Petrochemical (CAP) remains the leader in investment in petrochemicals. CAP has set out plans to invest USD6bn in a number of projects over 2016-2021. CAP's capital outlay for 2017 was USD150mn focusing on ramping up production capacity on a number of petrochemical products, particularly butadiene, as well as its cracker facility. Indonesian chemicals output surged 10.1% y-o-y in 9…
BMI View: In 2016 the air freight mode will see the most significant growth in Indonesia, as trade in Asia is set to rebalance after stalling in 2015 and key sectors such as the pharmaceutical market will see a boost in growth. In our medium-term forecast to 2019, BMI believes the rail and air freight modes will see higher growth than road freight transport, as a result of state and external in…
Seaports ascriticalshore-basedinfrastructureareparticularlyvulnerabletoimpactssuchassealevelriseand increasingincidentsofsevereweatherevents.Inexcessofninetypercentofglobaltradebyvolumis transportedbysea.InIreland,seaportsareofstrategicimportancetothenationaleconomy.Asanisland nation,ninetyeightpercentoftradebyvolumecomesthroughitsseaports.ClimateissuesfacingIrish portsincludeincreasingstormine…
This is a brief history of ERP—enterprise resource planning. Major ERP vendors are discussed as well as the major impact of developments in computer hardware and software on the industry. The industry consolidation that has recently occurred is also discussed. Interviews were conducted with Mr. Ed McVaney, founder of J.D. Edwards, Rick Allen, former VP of Finance and Administration, and Rick …
Singapore, although a city-state of only 2.7 million people, is the world's busiest seaport by every measure: number of vessel arrivals and departures, total tonnage of vessel traffic, and volume of cargo handled. It should not be surprising,then, that the Port of Singapore Authority has taken the lead in maritime-industry human resources development in the Asia Pacific region. The Port of Sing…
The aim of this paper is to analyze the pharmaceutical supply chain using the DMAIC process for improvement of the reverse logistics in a recall to avert the possibility of harm to a consumer.
The purpose of this paper is to investigate the alignment between product design and the supply chain and to identify how this alignment impacts on a firm’s supply chain responsiveness and resilience.
There is a paucity of literature considering horizontal collaboration among grocery retailers, suppliers, and third-party logistics (3PL) providers. This paper seeks to investigate benefits of and barriers to the use of fourth-party logistics (4PL) management as a catalyst for horizontal collaboration.
To examine supply chain competences necessary to efficiently and/or effectively succeed in aftermarket support.
Describes the use of a decision support system (DSS) in part of a strategic supply chain initiative of an international automotive aftermarket organisation undertaken in 1996-97. The strategic initiative consisted of four distinct stages; a review of the current state, definition of the future vision, development of the operational blueprint and its implementation. A simulation based decision s…
The issue affecting US textile/apparel companies in global business competition is to find suitable suppliers for their operations. The selection and evaluation of their global suppliers to meet the goal of having effective and efficient supply chain operations and strengthening their position in the market become critical for US textile/apparel manufacturers to maintain their competitiveness i…
The purpose of this paper is aimed at understanding and identifying the context, capability requirements, and configurations (3Cs) of modular supply networks in the Chinese automotive industry.
The purpose of this paper is to explore the deployment of RFID technology in fashion supply chain management (FSCM). It highlights the contribution of RFID to FSCM, supporting faster logistics activities, with greater products quality, cheaper and with more responsiveness, improving customer satisfaction
In the study I examine the relationship between corporate governance and consolidation strategies for shipping firms. The analysis is focused on the ownership structure and corporate governance power which are supposed to influence the consolidation strategies. I investigate M&As and global alliances occurred during 2006-2007 fiscal years in maritime industry. In the empirical study, I find tha…
Lives in Peril demonstrates how and why seafarers are a vulnerable group of workers. It argues they are made so by the organisation and structure of their employment; the prioritisation of profit over safety by the actors that engage and control their labour; the limits of enforcement of the regulatory framework that is in place to protect them; and by their weakness as collective actors in rel…
Port of Merak and port of Bakauheni is the biggest ferry port in Indonesia, which linking two main islands; Java and Sumatra. The growing population of both islands have effected to the increasing of economic level and mobilities. The existing of port users have to be accompanied by the reduction of time services which caused reduction of waiting time and vehicles queuing. This study uses simul…
Purpose – This paper seeks to present a decision-making model for manufacturers to maximize their profits in reverse logistics operations. Design/methodology/approach – A system dynamic model has been developed to complement with prior models and is validated using data collected from a computer company manufacturer handling returns with volumes transacted over a period of two years. F…
Introduces a supply chain “health check” procedure successfully applied in the European automotive sector and presents the results for the analysis of 20 trans‐European value streams covering a wide range of first and second tier suppliers. The health check procedure is activated via a quick scan methodology (QSM) requiring execution by a multi‐disciplinary team working on‐site. The d…
Analyses the role of supply-chain management in the pharmaceutical industry. Uses the pharmaceutical industry as a case study since it is an industry undergoing considerable change and is subject to a wide variety of commercial pressures. Illustrates therefore how logisticians can link the technicalities of their disciplines to the business issues facing their industry.
Logistics managers are faced with greater customer volatility, higher customer service expectations and pressure to reduce costs. If these conflicting pressures are to be reconciled, increased supply chain flexibility is vital. Enhanced flexibility is achieved through two types of changes to the supply chain: structural changes, including processes, physical resources and linkages/relationships…
In this paper, the management of variety in automobile manufacturing is broadened from simply considering the choice of models, options and parts to include strategic issues in sourcing and logistics systems. Some of the major cost elements associated with varietal increase are identified, leading into a discussion of how logistics system redesign can reduce or, indeed, eliminate the unwanted i…