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E-Trade Facilitation Center Korea’s progress report on Paperless Trading 28 Sep 05.

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Presentation on theme: "E-Trade Facilitation Center Korea’s progress report on Paperless Trading 28 Sep 05."— Presentation transcript:

1 e-Trade Facilitation Center Korea’s progress report on Paperless Trading 28 Sep 05

2 e-Trade Facilitation Center Copyright ⓒ 2005 Contents I. E-Trade Facilitation Center II. The progress of Phase One 1. e-LC 2. TDR 3. Air Freight RFID pilot project 4. Others

3 I. Who We Are Korea e-Trade Facilitation System

4 e-Trade Facilitation Center Copyright ⓒ 2005 2. Korea e-Trade Facilitation Center Foundation –Founded in Jan. 2005 in KITA after BPR/ISP Project (Jun. 2004) Role : Project Management Office –Implementation of 33 tasks from ‘ e-Trade Korea 2007 ’ roadmap –Secretariat of National e-Trade Committee Chair : Vice Minister of MOCIE Administrative Committee Chair : Prime Minister National e-Trade Committee Chair : Dr. Jung Uck, Seo Private e-Trade Committee Korea e-Trade Facilitation Center Platform W/G Finance W/G Logistics W/G Marketing W/G Global W/G Law W/G e-TP PM e-TDR Law Reform e-L/Ce-NegoRFIDe-L/Ge-D/Oe-MPe-CatalogSolutions e-C/Oe-B/LAPEC,ASEM Bilateral Networking

5 II. Progress of Phase One

6 e-Trade Facilitation Center Copyright ⓒ 2005 1. To-Be Model of e-Trade Platform e-Trade Document Repository Messaging Hub MarketingForeignExchangeG4Ce-ServiceLogisticsCustomsSettlement Single Window Owner / Trading Co.   KFTC   SWIFTNet   The Bank of Korea   Banks   Foreign Exchange Network Financial Institution Overseas Branch Int’l Financial Settlement Foreign Chamber of Commerce Global e-Trade Platform Global Networking Bilateral Connection Foreign Customs Foreign Buyer   Shipper / Airliner   Forwarder   CY,Bonded Warehouse   KLNET   KILC   National BPR/ISP Logistics   Korea Customs Service   Customs Broker Customs   Union / Association   KCCI   Quarantine Station   Insurance Company   Private Institution License & Certificate   e-Market Place   e-Biz Site   Trade Information Site Trade Leads & Overseas Ads   Credit Evaluation Co.   Korea Export Insurance Corporation Credit Evaluation Data Warehouse Foreign Supplier PortalGateway

7 e-Trade Facilitation Center Copyright ⓒ 2005 Forwarder Bonded Warehouse Transaction Warehouse Airliners Shippers Transport/CY Inspection Quarantine Government Services Single Window Paper Electronic User 2. The Concept of Single Window The Basic Concept Trade Chain Global Network

8 e-Trade Facilitation Center Copyright ⓒ 2005 3. Phase One : Introduction Project : First phase of e-Trade Project (Dec.’04~Jun.’05) Accomplishment –Development of e-L/C Circulation Management System –Test & Evaluation of e-Trade Document Repository –Development of detailed roadmap for 2 nd project(’05~’06) The scope of 1 st e-Trade Service Project

9 e-Trade Facilitation Center Copyright ⓒ 2005 4. e-L/C Service Outline About Service. Advising banks advise L/C to exporting companies and store the L/C after registration. Negotiating banks provide service without paper L/C. What is e-L/C ? Advise – –Electronic Advise – –Original L/C – –Store of L/C Confirmation Cancel of Advise Transfer Balance Original Copy in e-TDR

10 e-Trade Facilitation Center Copyright ⓒ 2005 5. e-Trade Document Repository Outline About Service e-TDR provides storage service for e-Trade documents with all sort of certificate service, which provides authenticity of e-documents in e-Trade transactions and acts as base in insuring negotiability. What is e-TDR ? Document Research Original Document Search Original Document Print Out e-Certificate Search

11 e-Trade Facilitation Center Copyright ⓒ 2005 6. e-L/C Portal Site

12 e-Trade Facilitation Center Copyright ⓒ 2005 Pan Korea Express Warehouse in Korea RFID Tag Read LG Eelctronics / LG Innotek Factory RFID Tag Issuing Portable Reader RFID Middleware Location Info Global Visibility Platform(EPC Network for Trade) Trade Logistics ONS Web Server EPC IS (Discovery Service) L.A. Airport Terminal RFID Tag Read Pan Korea Express Warehouse in U.S RFID Tag Read Buyer. EPC NETWORK National Logistics Infra MFCS CTI Visibility Check   Easy Processing   Auto Transaction   Service Upgrade Sensing Info I/V, B/L Mapping Info B/L Info B2G Info Sensing Info I/V & Sensing Info Visibility Check   SCM Upgrade   Manufacturing Plan   Delivery on Time 7. Development of Global RFID Logistics Visibility Check Sensing Info Internet Project : RFID on Air Freight for Global e-Logistics Period : Jun.’05~Dec.’05 Partner : EPC Network Platform EPC global Standard RFID Code ISO 18000-6, EPC UHF

13 e-Trade Facilitation Center Copyright ⓒ 2005 1.June : Online and Offline seminars to educate member companies, students and teaching faculties in Universities (throughout the year) 2.August : E-Learning solution strategy for e-Trade Platform jointly developed with Carnegie Mellon University 3.September : Simulation tool for current EDI service available through ‘kita.net’ 8. Marketing and proliferation

14 e-Trade Facilitation Center Copyright ⓒ 2005 9. APEC IT Exhibition (November, Busan)

15 e-Trade Facilitation Center Copyright ⓒ 2005 9. APEC IT Exhibition (November, Busan)

16 Thank You


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