Yongchang Jiang, Hejie Zhu and E. Bai
The existence of the advertising delay effect and its impact on supply chain operations have been demonstrated in the current study. Therefore, this study develops a timely…
Abstract
Purpose
The existence of the advertising delay effect and its impact on supply chain operations have been demonstrated in the current study. Therefore, this study develops a timely inventory control strategy for the fresh produce supply chain to address the advertising delay effect in the fresh produce supply chain.
Design/methodology/approach
This study proposes a game model based on the Nerlove-Arrow time delay differential equation and Pontryagin's maximum principle. Through comparative analyses of the optimal equilibrium strategies, the authors compare the optimal equilibrium strategies, product goodwill and optimal inventory trajectories for suppliers and retailers under secondary replenishment decisions and decentralized decisions.
Findings
The authors find that (1) Only when the sales cycle meets certain conditions can the overall profit of the supply chain under the secondary replenishment decision be greater than that under the decentralized decision. As the price markup coefficient increases, the total profit of the supply chain first increases and then decreases. (2) With the increase in the delay time, the replenishment quantity during the initial period gradually decreases. After the delay time elapses, the inventory depletion rate under secondary replenishment decisions is faster than that under decentralized decision-making. (3) Although there is a continuously increasing maximum value of product goodwill with the increase in delay time, it becomes difficult to achieve this value for longer delays.
Practical implications
The authors’ findings provide a theoretical basis for supply chain members of fresh agricultural products to select replenishment and inventory control strategies when adopting different levels of delay in advertising marketing.
Originality/value
Firstly, this paper explains the impact of advertising delay effect on fresh produce supply chain from a dynamic perspective, and secondly, it provides guidance on advertising formulation and inventory replenishment for fresh produce retailers under the influence of advertising delay effect.
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Huifeng Bai, Jin Shi, Peng Song, Julie McColl, Christopher Moore and Ian Fillis
This empirical study aims to examine luxury fashion retailers' localised multiple channel distribution strategies in China.
Abstract
Purpose
This empirical study aims to examine luxury fashion retailers' localised multiple channel distribution strategies in China.
Design/methodology/approach
Through case studies of 15 participating retailers, qualitative data were collected from 33 semi-structured interviews.
Findings
Strong impacts of internationalisation strategies, distribution strategies and channel length towards multiple channel retailing are revealed. Multi-channel retailing is widely employed by firms who have entered China and further developed their businesses through local partnerships and adopted a selective distribution strategy via relatively longer channels. Omni-channel retailing is only suitable for the few retailers using an exclusive distribution strategy through direct marketing and wholly owned customer relationship management. As a dynamic transformation from multi- to omni-channel retailing, cross-channel retailing is adopted by those who are withdrawing from local partnerships and shifting to wholly owned expansions and operations in host markets.
Research limitations/implications
The results are potentially challenged by relatively small sample size.
Practical implications
Practitioners are suggested to adapt multiple channel retailing to their international expansion strategies, distribution strategies and channel length in the host markets.
Originality/value
This paper contributes to the literature in both multiple channel retailing and international retailing by offering insights into the motives, development patterns and suitability of multiple channel retailing in the international retail marketing context.
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Renfei Gao, Jane Lu, Helen Wei Hu and Geoff Martin
The rapid, yet low-profit, expansion of the production capacity of state-owned enterprises (SOEs) represents a remarkable phenomenon. However, the motivation behind this key…
Abstract
Purpose
The rapid, yet low-profit, expansion of the production capacity of state-owned enterprises (SOEs) represents a remarkable phenomenon. However, the motivation behind this key operational decision remains underexplored, especially concerning the prioritization of sociopolitical and financial goals in operations management. Drawing on the multiple-goal model in the behavioral theory of the firm (BTOF), the authors' study aims to examine how SOE capacity expansion is driven by performance feedback regarding the sociopolitical goal of employment provision and how SOEs differently prioritize sociopolitical and financial goals based on negative versus positive feedback on the sociopolitical goal.
Design/methodology/approach
The authors' study uses panel data on 826 Chinese SOEs in manufacturing industries from 2011 to 2019. The authors employ the fixed-effects model with Driscoll–Kraay standard errors, which are robust to heteroscedasticity, autocorrelation and cross-sectional dependence.
Findings
The authors find that SOEs increase capacity expansion as sociopolitical feedback becomes more negative, but they may not increase capacity expansion in response to positive sociopolitical feedback. Moreover, negative profitability feedback strengthens SOEs' capacity expansion in response to negative sociopolitical feedback. In contrast, negative profitability feedback weakens their response to positive sociopolitical feedback.
Originality/value
The authors' study offers a novel behavioral explanation of SOEs' operational decisions regarding capacity expansion. While the literature has traditionally assumed multiple goals as either hierarchical or compatible, the authors extend the BTOF's multiple-goal model to illuminate when firms pursue sociopolitical and financial goals as compatible (i.e. the activation rule) versus hierarchical (i.e. the sequential rule), thereby reconciling their tension in distinct performance situations. Practically, the authors provide fine-grained insights into how operations managers can prioritize multiple goals when making operational decisions. The authors' study also shows how policymakers can influence SOE operations to pursue sociopolitical goals for public benefit.
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Amir Shariati, Cécile L’Hermitte and Nadia Millis Trent
This study aims to review the prepositioning of relief items literature through a decision-making lens to explore the decisions involved, the factors guiding them and the…
Abstract
Purpose
This study aims to review the prepositioning of relief items literature through a decision-making lens to explore the decisions involved, the factors guiding them and the influence of model design on these decisions. Despite their potential to inform decision-making, quantitative prepositioning models remain underutilised in practice. Understanding the foundational principles that shape model design and their connections to decision-making is crucial for effectively developing and implementing more practical models.
Design/methodology/approach
A systematic literature review was conducted, and 97 relevant papers were analysed bibliographically and thematically. The thematic analysis is guided by the value-focused thinking approach, which provides a structured understanding of the decision-making process by focusing on the decision makers’ values.
Findings
This study identifies key prepositioning decisions related to facilities, inventory and distribution. It highlights efficiency, effectiveness and equity as the main values guiding prepositioning decisions and examines the mutual influence of model design and decisions. Moreover, a decision-making framework for prepositioning problems has been developed, outlining key steps and relevant decisions.
Originality/value
This research provides novel insights into how the decision-making process regarding prepositioning is reflected in quantitative models. It helps researchers choose model designs that better align with decision makers’ priorities and requirements, increasing the models’ practicality. Additionally, it helps decision makers comprehend quantitative models and the reasons behind their mathematical complexities, ultimately improving the effectiveness of decision-making for prepositioning.
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Jiaojiao Xu and Sijun Bai
The critical chain project buffer monitor process addresses uncertainty and variability in project duration. However, classical buffer monitor methods only consider buffer…
Abstract
Purpose
The critical chain project buffer monitor process addresses uncertainty and variability in project duration. However, classical buffer monitor methods only consider buffer consumption, while the dynamic allocation of buffer zones and the buffer consumption trend of activities are ignored. This paper presents the innovative framework for dynamic monitoring of project buffer which covers the dynamic buffer allocation, predictive analytics of buffer utilization and a new monitoring technique based on control chart graph.
Design/methodology/approach
First, a dynamically buffer allocation model is framed, and buffer zones are given to the activities considering risks. Then, a predictive model amalgamating Bayesian Optimization, Convolutional Neural Networks, and Long Short-Term Memory networks (BO-CNN-LSTM) is framed. Finally, a new buffer monitor framework is constructed that takes into account historical information about buffer usage and utilizes two thresholds derived from control chart theory.
Findings
This approach is empirically tested on a representative agricultural website project in China. The results show that, first, the dynamic buffer allocation makes better use of the project buffer, reduces buffer waste and increases the possibility of timely completion of the project. Second, the BO-CNN-LSTM model predicts better than Long Short-Term Memory (LSTM) and Grey Neural Network Model (GNNM), providing project managers with new management insights and perspectives. Third, the novel monitoring procedure makes the leveraging of historical data possible in the control of the schedule deviations, allowing for more timely interventions in the course of the implementation of the project.
Originality/value
A new project buffer monitoring method suitable for uncertain project environments is proposed.
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Mohamed A. Ghonim, Abd El-Mohsen A. Goda, Nagi M. Khashaba, Mohamed M. Elsotouhy and Mohamed A. Khashan
While scholarly studies focus on the role of technology in digital transformation, an important direction of research still requires examining HR-related factors in this regard…
Abstract
Purpose
While scholarly studies focus on the role of technology in digital transformation, an important direction of research still requires examining HR-related factors in this regard specifically. This study aims to analyze factors pertaining to human and organizational resources in the context of digital transformation within healthcare enterprises. The study examines the possible impacts of organizational energy (OE) and human resource flexibility (HRF) on digital transformation (DT). The study also seeks to investigate the influence of organizational inertia (OI) on the relationships being examined, according to the theory of change principles.
Design/methodology/approach
The empirical study used a survey method on 355 Mansoura University Hospitals employees, Egypt. The study data were analyzed using structural equations modeling with WarpPLS V. 8.0.
Findings
The results showed that all OE dimensions directly affected DT and HRF dimensions. Through HRF, OE indirectly affected DT. The study also found that all dimensions of OI negatively moderated the OE-DT and HRF-DT relationships. Based on the study's results, theoretical and practical implications were drawn.
Originality/value
This study develops a novel model to empirically investigate the quantitative relationships between OE, HRF, OI, and DT. This study provides an addition to understanding how human resources and organizational mechanisms work in technology-based experiments such as digital transformation and adds contributions in this regard to the health sector in particular.
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Yawen Shan, Da Shi and Shi Xu
Based on imprinting theory and episodic future thinking, this paper aims to study how CEOs’ attributes and experiences inform innovation in tourism and hospitality businesses. It…
Abstract
Purpose
Based on imprinting theory and episodic future thinking, this paper aims to study how CEOs’ attributes and experiences inform innovation in tourism and hospitality businesses. It also explores ways to quantify innovation in this sector.
Design/methodology/approach
The authors quantitatively analysed innovation in tourism and hospitality using extensive data from companies’ annual reports. They further adopted multivariate regression to test how CEOs’ experience affects enterprise innovation.
Findings
Results demonstrate that CEOs’ academic education and rich work experience can promote corporate innovation. The authors also identified a mediating role of the tone of narrative disclosure in annual reports between CEOs’ academic education and corporate innovation. The imprinting effects of career experience and educational experience appear both independent and interactive.
Research limitations/implications
CEOs are more inclined to engage in corporate innovation when influenced by the combined imprinting effects of strategic management training and work experience. Additionally, leaders should consider how communication styles indirectly influence innovation activities.
Originality/value
This paper introduces an integrated perspective that blends imprinting theory and episodic future thinking to bridge knowledge gaps regarding the interaction of CEOs’ past experiences. This work enhances understanding of how CEOs’ imprinted experiences, together with their capacity for envisioning future scenarios, can drive corporate innovation.
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Everton Coelho, Mário Augusto and Pedro Torres
This study aims to clarify the influence of different CEO’s political orientation (liberal/conservative) and corporate political activity on ESG performance, considering…
Abstract
Purpose
This study aims to clarify the influence of different CEO’s political orientation (liberal/conservative) and corporate political activity on ESG performance, considering contingencies related to CEO attributes and corporate governance mechanisms.
Design/methodology/approach
Using a sample of 131 companies from the Standard and Poor’s 500 index, this study employs fuzzy-set Qualitative Comparative Analysis (fs/QCA) to analyze combinations of conditions (i.e. configurations) that lead to greater ESG (i.e. environmental, social, and governance) performance.
Findings
Drawing on the upper echelon theory and the theory of social exchange, the findings show that different CEO’s political orientation (liberal/conservative) can contribute to ESG performance, depending on the combination of conditions. Furthermore, the results emphasize the importance of corporate political activity as a core condition to enhance ESG performance.
Originality/value
Taking a configurational approach, this study explores combinations of conditions that explain ESG performance, including CEO’s political orientation and corporate political activities as antecedent conditions. Unlike past research, this study examines possible complementarities between these two conditions and assumes that different CEO’s political orientation can have a positive influence on ESG performance, depending on the combination of conditions.
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Stephen Oduro and Alessandro De Nisco
Informed by the resource-based view of the firm, dynamic capabilities theory and contingency theory, this study examines the impact of Industry 4.0 (IR4.0) technologies adoption…
Abstract
Purpose
Informed by the resource-based view of the firm, dynamic capabilities theory and contingency theory, this study examines the impact of Industry 4.0 (IR4.0) technologies adoption on firm performance (FP) while accounting for the mediating role of innovation ambidexterity (IA) and moderating roles of contextual and methodological factors that drive the performance gains of the phenomenon.
Design/methodology/approach
A random-effect model in comprehensive meta-analysis (CMA) is used to synthesize 113 studies in 115 independent samples with 192,188 observations.
Findings
This analysis demonstrates that IR4.0 digital technologies are directly related to financial and non-financial performance, disclosing that the performance effect on non-financial is the largest. Moreover, there is a complementary partial mediation role of the impacts of IR4.0 on FP by IA. Furthermore, this focal relationship is moderated by boundary-spanning conditions: contextual factors – firm size, business type, economic development, industry sector and methodological factors – proxy of FP, sample size and study type.
Practical implications
The results imply that IR4.0 produces financial and non-financial benefits by enabling firms to develop dynamic capabilities like innovation ambidexterity, which informs managers and practitioners that unless IR4.0 technologies and IA strategies are combined together to generate superior FP, IR4.0, in and of itself, would produce a less positive impact on FP than the combined impact of IR4.0 and IA. Therefore, managers should focus on converting IR4.0 resources to dynamic capabilities like IA by leveraging open innovation strategies or building IR4.0-based coordination mechanisms by creating cross-unit business synergies.
Originality/value
To the best of the authors' knowledge, per the literature review, this is the first meta-analysis structural equation modeling study on the interplay between IR4.0, innovation ambidexterity and firm performance.
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James Nolan and Zoe Laulederkind
Societal response to COVID induced many changes in the way we now live. Air transportation was one of the more visible “victims” of COVID response, with several major airlines…
Abstract
Societal response to COVID induced many changes in the way we now live. Air transportation was one of the more visible “victims” of COVID response, with several major airlines declaring bankruptcy and others downsizing to a degree not seen previously. In spite of these shocks, the international air cargo sector carried on. Anecdotal evidence suggests airlines that either specialized in cargo or in turn were able to adjust their fleets to carry more cargo (including better utilization of existing backhauls) were best able to weather the pandemic. To explore this issue further, we examine detailed international air passenger and cargo traffic data (both fronthaul and backhaul) from the US Bureau of Transportation Statistic's TranStats database before and during COVID to elucidate how the pandemic affected air carrier operations at a time of great uncertainty. Better operational flexibility seems to have been critical to success during COVID. To this end, we find that many Asian-based carriers were superior at adjusting to the new cargo refocused reality of COVID operations, while their US-based counterparts lagged substantially behind. We speculate on potential reasons for this difference and also what our findings might mean for industry investment moving forward.