How Strategic Flexibility and Market Orientation affect Companies’ Performance? Evidence from Jordanian Pharmaceutical Companies

Yousuf, Allam; Haddad, Hossam; Felföldi, János

doi:10.2139/ssrn.3708868

Cited by 4 publications

(6 citation statements)

References 32 publications

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“…The success of supply chain performance is related to the high quality value of strong relationships between members of the supplier network (McKone-Sweet & Lee, 2009). Pujawan defines Supply chain performance as a performance measurement system with a measuring tool used to observe supply chain performance jointly between an organization and another (Yousuf et al, 2020). Definition of Supply chain performance refers to the results of the supply chain's ability to meet end consumer desires and convey consumer desires efficiently (Hong et al, 2019).…”

Section: Supply Chain Performancementioning

confidence: 99%

The mediation role of supply chain agility on supply chain orientation-supply chain performance link

Mukhsin¹,

Taufik²,

Ridwan³

et al. 2022

10.5267/j.uscm

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This study aims to analyze the supply chain performance mediation on the relationship between supplier flexibility, supply agility, and company performance. The population in this study were 100 broilers in the districts / cities in Banten Province. The data to be used in this study are primary data, through sending questionnaires. Development of theoretical models with five hypotheses processed in the analysis using SmartPLS Software version 3.0.m3. The results showed that supplier flexibility and supply agility have a positive and significant effect on company performance, supplier flexibility and supply agility have a positive and significant effect on supply chain performance and supply chain performance has a positive and significant effect as an intervening variable to the company performance. Supply chain mediation has an important role in integrating production processes from upstream to downstream, including establishing good relations between businesses involved in supply chain management to improve the company's performance.

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Section: Supply Chain Performancementioning

confidence: 99%

The mediation role of supply chain agility on supply chain orientation-supply chain performance link

Mukhsin¹,

Taufik²,

Ridwan³

et al. 2022

10.5267/j.uscm

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“…Several studies investigated the impact of flexibility on customer satisfaction, where Sáenz et al (2018) identified the positive significant impact of flexibility on customer satisfaction in manufacturing companies, while Tan and Lim (2019) illustrated the importance of flexibility practices on enhancing customer satisfaction level in manufacturing industries, whereby Adara (2020) empirically investigated the positive significant impact of volume flexibility on customer satisfaction. Moreover, Yousuf et al (2020) identified that strategic flexibility is considered as a significant technique to react to uncertain situation and improve customer satisfaction in pharmaceutical industries. Finally, Fatima et al (2021) confirmed the positive significant impact of flexibility (manufacturing and logistics) on customer satisfaction in manufacturing industries.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Investigating the impact of supply chain management practices on customer satisfaction through flexibility and technology adoption: Empirical evidence

Saad,

Elgazzar,

Kac

2023

Bus Strat Dev

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The aim of this research is to empirically investigate the influence of supply chain management practices (SCMPs) on customer satisfaction through the mediating roles of flexibility and technology adoption. A questionnaire was used to collect data from organizational consumers in the Egyptian context, in which hypotheses were analyzed through covariance‐based structural equation modeling for 1009 usable questionnaires. The findings revealed the positive relationship between SCMPs and flexibility, technology adoption, and customer satisfaction. Moreover, it revealed the positive relationship between technology adoption and customer satisfaction, however, the direct impact of flexibility on customer satisfaction is not significant. Empirical evidence also illustrated that technology adoption can significantly mediate the relationship between SCMPs and customer satisfaction.

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“…At the same time, the market expects strategic flexibility at the operational level from the companies involved, under conditions of intense competition and considerable uncertainty. (Yousuf et al, 2020;Yousuf et al, 2021) At the same time, product innovation affects consumer preferences and results in their change. In the market, the so-called "organized" elements play a significant role: apparently independent market players are mutually dependent, in addition to transactions based on price and volume, their relationship is also influenced by quality signals, and it also happens that they cooperate directly.…”

Section: Introductionmentioning

confidence: 99%

“…These elements to compete must be integrated in the operation of the companies that must be mirrored in operational flexibility. (Yousuf et al, 2020) Thus, part of the successful innovations of the producers is based on the knowledge of the needs of the users, but at the same time, an important condition for the spread of the innovations is that the users know the parameters of the new products, on the basis of which they decide on their purchases. Users can also participate in innovation (for example, as customers).…”

Section: Introductionmentioning

confidence: 99%

New Methods for Structural Development Caused by Open Innovation in Red Biotechnology

Kiss,

Domonkos,

Felföldi

2024

APSTRACT

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Red (pharmaceutical) biotechnology is currently one of the most innovative industries. A good example of this is the fight to develop a vaccine against the COVID-19 pandemic, or even the incredible dynamism of the development of anti-cancer drugs.Innovations always carry uncertainty within them - the authors of this article see and experience this every day during their managerial work related to R&D in the biotechnology sector. Decisions often have to be made on uncertain grounds, with incomplete information. Mapping all these anomalies and their root causes is also necessary according to what has been experienced in various organizations, but at the same time it is a very interesting and challenging task. One of the possible means of sharing and reducing the risk is the so-called Open innovation, which required innovations in the fields of technical, industrial rights protection, privacy protection, but also cooperation platforms.All this required a new organizational and structural operation from the actors. This means that technological innovation attracts and results in project innovations. We assume that organizational development and structural innovations were also achieved through these transfers. We are trying to validate this hypothesis with the help of interviews with professionals.Our thesis: the challenges arising from the special innovation of red biotech also caused and necessitated the innovation of organizational structures and the development of its organizational and structural functioning, to which open innovation gave outstanding help.

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How Strategic Flexibility and Market Orientation affect Companies’ Performance? Evidence from Jordanian Pharmaceutical Companies

Cited by 4 publications

References 32 publications

The mediation role of supply chain agility on supply chain orientation-supply chain performance link

The mediation role of supply chain agility on supply chain orientation-supply chain performance link

Investigating the impact of supply chain management practices on customer satisfaction through flexibility and technology adoption: Empirical evidence

New Methods for Structural Development Caused by Open Innovation in Red Biotechnology

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