earticle

영어

This study examines the current status of logistics costs of Korean companies and analyzes the cost structure by industries. Logistics costs of Korean companies took 11.10% out of their sales in 2001 and they have been cut to 8.03% in 2011; a decrease of 3.07% during the decade. Reviewing the details by industries, raw materials industries shows relatively high logistics costs portions, for instance, 12.48% for the non-metallic minerals and 12.33% for food & beverages. On the other hand, high value-added industries shows low cost structure, for instance 5.82% for electronic parts. With regard to costs by function, transportation cost takes the higher portion than warehousing cost and the main cause of this phenomon is the sharply increased fuel cost. In addition, industries with heavy-weight cargoes, such as food&beverages, publishing and non-metallic minerals need to cut their logistics costs with improved transportation routing. Finally, with regard to policy support, expanding new logistics centers is pointed out for supporting electronic parts, automotives and publishing industries; while nurturing advanced logistics companies is pointed out for food&beverage and chemicals. In conclusion, the Korean government needs to develop industry-specific policies to improve logistics efficiency of companies