Vishal Singh Patyal, Sudhir Ambekar, Anand Prakash, Dipayan Roy and Amit Hiray
The present study proposes a model to examine the cultural fit between buyers and suppliers for establishing synergies in their processes and practices.
Abstract
Purpose
The present study proposes a model to examine the cultural fit between buyers and suppliers for establishing synergies in their processes and practices.
Design/methodology/approach
This study assessed buyers' culture through the Competing Values Framework and used Quality Management Practices Model as a proxy to assess suppliers' culture. The data from 262 paired respondents were used for this analysis. This survey was administered in India, using linear snowball-sampling technique. This study applied 3SLS regression for each culture group separately.
Findings
This study has instituted the cultural fit between the buyers' and suppliers' culture. It is observed that for getting synergies between cultures, buyers need to choose a set of suppliers which have similar cultural traits.
Research limitations/implications
This study presents empirical findings based on data from Indian manufacturing firms. These findings need testing in other developing countries and other sectors.
Practical implications
Organizations can formulate right policies for supplier selection based on the cultural fit between buyers and suppliers.
Originality/value
With increasing role of suppliers in the value chain, organizations around the world need to work with the right suppliers for gaining a sustainable competitive advantage. Selection of the right suppliers depends on the cultural fit between buyers and suppliers that, in turn, depends on the selection of the right suppliers based on the prevailing culture.
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Sudhir Ambekar, Dipayan Roy, Amit Hiray, Anand Prakash and Vishal Singh Patyal
This study attempts to identify and analyse the barriers to implementing a reverse logistics (RL) system in Indian Construction, Real estate, Infrastructure and Project (CRIP…
Abstract
Purpose
This study attempts to identify and analyse the barriers to implementing a reverse logistics (RL) system in Indian Construction, Real estate, Infrastructure and Project (CRIP) sectors and present a structured model to identify interdependencies among them.
Design/methodology/approach
The barriers to implementing RL in CRIP sectors in India were identified using a Delphi study. The interdependencies were identified using Interpretive Structural Modeling (ISM). Further, using the Matriced' Impacts Croisés Multiplication Appliquée à un Classement (MICMAC) analysis, the barriers were classified on the basis of their driving power and interdependencies.
Findings
The study has identified ten barriers that can hamper the application of an RL system in CRIP sectors. The finding of the ISM model shows that macro level barriers such as lack of awareness of reverse logistics, insufficient government policies and unavailability of standard codes stimulate each other and also drive all other barriers. The organization-specific barriers operating at the strategic/tactical level, namely, company's rigid mechanism, lack of awareness of economic profits, inadequate company’s organizational policies and lack of training, reluctance from stakeholders, scarcity of resources and finance from company are found at the intermediate level of hierarchy and they can be influenced by the barriers at the lower level and influence the barriers on the and higher levels. The operational level barrier namely “Inadequate Information Technology system” is at the top of the hierarchy and can be driven by all the barriers at the lower level.
Research limitations/implications
The present findings are based on the opinions of experts only from Indian CRIP sectors so the results may require to be validated in other contexts.
Practical implications
The structural model presenting the interdependencies will be a guide for the CRIP supply chain professionals in understanding and ranking the barriers they may face while implementing the RL system.
Originality/value
The study contributes to the existing literature by providing a set of barriers and their interdependencies faced during the implementation of an RL system implementation in CRIP sectors. It is one of the first studies which identifies barriers applicable to the CRIP firms in India and models their inter-dependencies. Additionally Consequently, these firms can make a move forward towards a circular economy by overcoming these interlinked barriers.
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Harish Kumar Singla and Amit Hiray
The purpose of this paper is to find the effect of the hedonism value on the investment preference in India.
Abstract
Purpose
The purpose of this paper is to find the effect of the hedonism value on the investment preference in India.
Design/methodology/approach
Based on the literature review, a measurement model is developed to measure hedonism. Further, the effect of hedonism on investment choices of an individual and the impact of age, gender and income level on investment choices and on hedonism are also measured through a structural equation model (SEM).
Findings
The study finds that the measurement model is reliable, and all five items, that is an exciting life, happiness, pleasure, social recognition and a comfortable life, are an appropriate measure of hedonism. The study finds that hedonists prefer to invest in stock market-related instruments and real estate. The study also ascertains that age and income affect the hedonism value negatively. The findings also indicate that women prefer to invest in fixed income instruments and men prefer to invest in stock market-related instruments. As people grow in age, they prefer to invest in fixed-income instruments and gold as a hedge, thus avoiding risky investments.
Research limitations/implications
The study does not include education and financial literacy of individuals in the model, rather controls these factors by selecting a sample where the minimum educational qualification of the respondent is graduation.
Practical implications
It is assumed that the values that drive an individual have the potential to influence his/her investment choices. Therefore, the study advises the firms offering investment services to their clients to ensure that apart from studying the demographic and risk profile of individuals, they also assess their value system. This can help them target their customers more precisely and serve them better.
Originality/value
The study is perhaps the first attempt to find the effect of personal values (specifically hedonism) on investment choices made by individuals, through the development of an SEM.
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Anand Prakash and Milind Phadtare
The purpose of this paper is to develop and explain an empirically validated scale to measure service quality for architects in India.
Abstract
Purpose
The purpose of this paper is to develop and explain an empirically validated scale to measure service quality for architects in India.
Design/methodology/approach
This study applies a systematic procedure for development of a psychometric scale in three phases. Phase 1 includes item generation and selection through review of literature and expert opinion. Phase 2 comprises scale refinement using item analysis and exploratory factor analysis. Phase 3 applies confirmatory factor analysis (CFA) for establishing convergent, discriminant and nomological validity. This study has involved 15 expert participants in Phase 1 and sought participation from 250 respondents using an online questionnaire in two other independent phases.
Findings
The findings of the empirical study resulted in the development of a 22-item scale that measures the constructs such as design quality, project administration quality, communication quality, relationship quality and dependability quality.
Research limitations/implications
This study has developed a context-specific psychometric scale of service quality for architects in India using snowball sampling. Although this study identified five valid service quality factors, the classified information relating to the formation of expectations was not collected.
Practical implications
This reliable and valid scale would be helpful for architects to measure the level of service quality in enhancing business performance. This study has established that service quality for architects is achieved only when the perceived benefits are available from the aspects like design, project administration, communication, relationship and dependability.
Social implications
This study can facilitate an architect interested in opportunities relating to contracting, consulting and engineering to explore possibilities of higher fees from clients.
Originality/value
This study is an original attempt in developing a validated tool to measure service quality of architects in India.
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Sudhir Ambekar, Rohit Kapoor, Anand Prakash and Vishal Singh Patyal
This paper aims to attempt to examine pressures, incentives, processes and practices used for sustainable sourcing. Further, it also proposes a framework to provide a composite…
Abstract
Purpose
This paper aims to attempt to examine pressures, incentives, processes and practices used for sustainable sourcing. Further, it also proposes a framework to provide a composite method for monitoring and controlling the sustainability aspects of supply management. This would enable suppliers to consider buyers’ requirements, translate these into suitable strategies, assess suppliers’ capabilities and also judge the impact of these strategies on suppliers.
Design/methodology/approach
This study opts for literature review as a method. In total, 150 research papers in peer-reviewed English language journals were reviewed to examine the pressures, incentives, processes and practices used for sustainable sourcing.
Findings
This study attempts to answer the “why”-, “what”- and “how”-related questions about sustainable sourcing. It is observed that research in sustainable sourcing is multileveled and involves various functional departments in a firm. It is diverse and fragmented and is more concentrated on certain geographic areas, industries and methodologies.
Practical implications
This study can be helpful to both researchers and practicing managers. It provides a snapshot of the work done on sustainable sourcing, which can be used as a base for research addressing specific aspects of sustainable sourcing or for building strategies related to sustainable sourcing.
Originality/value
This study takes the present reviews available in the literature forward and provides a generic view of sustainable sourcing and proposes a composite method for monitoring and controlling the sustainability aspects of supply management. It attempts to consolidate the diverse literature presently available on sustainable sourcing.
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Enes Ünal, Andrea Urbinati and Davide Chiaroni
The purpose of this paper is to investigate the managerial practices that companies can implement in order to design a circular economy business model and how companies can create…
Abstract
Purpose
The purpose of this paper is to investigate the managerial practices that companies can implement in order to design a circular economy business model and how companies can create and capture value from a circular economy business model.
Design/methodology/approach
The paper adopts a single case study methodology with semi-structured interviews and company, supplier, and manufacturing site visits, conducted in a small-to-medium-size Italian company operating in the office supply industry.
Findings
The theoretical setting maps a set of managerial practices for a circular economy business model and sets the research gaps and questions in a research framework designed along three main dimensions: value network, customer value proposition and interface, and managerial commitment. Then, through an empirical analysis, the findings reveal that the proposed dimensions are interdependent and reinforce each other. Moreover, the managerial commitment as moderating factor between the value network and the customer value proposition and interface dimensions is identified as essential for reaching the intended goals of circular economy business models.
Research limitations/implications
This study maximizes the depth of the phenomenon under investigation by leveraging a single case study methodology, which ideally helps in a theory-testing approach as in the present case. Future research opportunities could be found in qualitative and quantitative studies to increase the generalizability of the findings of this paper.
Practical implications
The paper presents a set of relevant managerial practices for circular economy business models that can be used by managers who have the will to embrace in practice circular economy principles to support the design, change, or upgrade of the business model of companies within which they operate.
Originality/value
An interdisciplinary approach that integrates the research streams of circular economy, social psychology, organizational behavior, and business model design has been pursued to test the theoretical setting and the research framework for circular economy business models in a real-world context.