An Investigation Into the Personal Interaction Items Which Best Explain the Variation in Trust Within Automotive Supply Chains

Abstract

The sustainability of automotive component suppliers is under threat due to various global challenges. Literature suggests that only the actual personal relationship can differentiate suppliers within supply chains. Literature further encourages more insight into the conceptualization of personal interaction and trust within supply chains. This paper reports on research that tested the importance of trust and its directional linear relationship with personal interaction. Personal interaction revealed a significant correlation with trust, indicating that actions of the Tier 2 supplier during the sourcing process can substantially influence trust with the Tier 1 buyer. It is accordingly crucial for automotive component suppliers to invest in strategies to increase their personal interaction with their buyers in order to promote trust and in turn to promote perceived customer value and customer retention.

Security Data Sharing of Shipbuilding Information Based on Blockchain

“…2 shows the computational time overhead of each step of data preprocessing for different sizes of data. Among them, KeyGen represents the execution time of the key generation algorithm, Enc represents the execution time of data encryption, EC represents the execution time of erasure code encoding, and Hec represents the time required to calculate the hash of 32 code blocks [31]. The experimental results show that with the increase of data, the time overhead increases almost linearly, and the calculation delay is negligible relative to the network delay of transmitting data.…”