Impact of Inventory Management Flexibility on Service Flexibility and Performance: Evidence from Mainland Chinese Firms

Song, Hua; Song, Yiying

doi:10.5325/transportationj.48.3.0007

Cited by 6 publications

(4 citation statements)

References 32 publications

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“…The one-factor model exhibited significantly worse fit than the measurement model, suggesting that CMV is not of serious concern (cf. Song and Song 2009). The Harman one factor test was complemented with the marker variable approach suggested by Lindell and Whitney (2000).…”

Section: Research Methodology Datamentioning

confidence: 99%

Goal Orientation and Preparation Process in Online Reverse Auctions:

Schoenherr

Vincent

2014

Transportation Journal

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While online reverse auctions (ORAs) have become a popular tool to conduct business-to-business procurement, academic research and practical guidance are still limited in delineating salient differences to offline procurement, specifically as these pertain to the corporate buyer's goal orientation and preparation process preceding the negotiations. This article focuses on these fundamental dimensions characterizing the strategic sourcing approach, and contrasts their pursuit in ORAs and offline procurement. We consider a multi-item request for quotation (RFQ) and investigate the dimensions of price competitiveness and risk reduction as part of a buyer's goal orientation, and the aspects of information search and extent of analysis as part of the buyer's preparation process. Drawing on tenets from transaction cost economics, complemented with the literature in industrial buyer behavior, we theorize that the goal of price competitiveness is pursued to a greater degree in ORAs, whereas the goal of risk reduction is pursued to a greater degree in offline procurement. Furthermore, we suggest that both information search and extent of analysis are greater in ORAs than in offline procurement. These contentions are tested with data collected from 825 procurement professionals. Various robustness checks and exploratory extensions taking into account contingency factors are conducted. Our primary contributions lie in the provision of a theoretically grounded framework contrasting ORAs to offline procurement along the dimensions of a buyer's goal orientation and preparation process, and the empirical test with a large-scale survey focusing on the unique context of multi-item RFQs. Insights for academic theory and managerial practice are discussed.

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Section: Research Methodology Datamentioning

confidence: 99%

Goal Orientation and Preparation Process in Online Reverse Auctions:

Schoenherr

Vincent

2014

Transportation Journal

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“…Meeting client demands and maintaining low inventory levels might pose challenges if an organization fails to prioritize quality and neglects to invest in quality-focused technologies (Benmoussa & Jarašūnienė, 2022). According to (Song & Song, 2009), it is incumbent upon all employees to enhance the production cycle, uphold quality control measures, identify underlying reasons, and generate effective resolutions. Employers have the potential to enhance employee engagement through many strategies, such as facilitating skill development, fostering teamwork, encouraging open communication, and granting a substantial degree of autonomy within the workplace (Qi, Huo, Wang, & Yeung, 2017).…”

Section: Stakeholders and Inventoriesmentioning

confidence: 99%

Analyzing the Relationship Between Inventory Policies and CSR Practices: Case of Jordanian Companies

Shakhatreh,

Salman,

Aldrou

et al. 2023

Economics

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The present research aims to assess the impact of inventory policies on the Corporate Social Responsibility practices of companies listed on the Amman Stock Exchange. The companies included in the research belonged to manufacturing or related sectors in which holding inventory is inevitable. The sample size chosen for the research was 45 companies, mainly because of the availability of financial data from the period 2012 to 2022. The data for the research was extracted from the Amman Stock Exchange, and we utilized a regression-based ANOVA model for our analysis, containing the dummy variable to enhance the model’s validation and facilitate the statistical analysis, hence enabling a deeper understanding. We utilized. We also used the GMM model to validate our analysis. The financial variables of the research were based on the reported financial statements of the companies. The study explores the impact of the relationship between inventory policy and Corporate Social Responsibility on the different stakeholders, such as customers, employees, and environmental groups. We found that the CSR disclosure requirements also tend to have an impact on the inventory policies of these companies. Our results revealed that inventory levels are positively associated with satisfied customers. We found that the company’s total CSR and sales ratio do not have a straight-line relationship. It led us to conclude that inventory levels are positively associated with satisfied customers.

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“…A number of studies have found evidence of the importance of different capabilities in creating sustainable competitive advantage. For example, Cheng and Yeh (2007) identifi ed specifi c components of market-interface, infrastructure, and technological capabilities in air-cargo forwarding; Cui, Shong-Lee, and Hertz ( 2009 ) identifi ed logistics service platform capability in regional thirdparty logistics fi rms; and Song and Song ( 2009 ) found inventory management fl exibility as a capability for fi rms in China.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Quest for Competitive Advantage in Global Supply Chains:

Manuj

Omar

Yazdanparast

2013

Transportation Journal

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The purpose of this article is to review literature on interorganizational learning (IOL) and related constructs systematically to develop a theoretical model of IOL. An extensive and systematic literature review was undertaken in major logistics, supply chain, operations, and strategic management journals to identify theories in which a model of IOL could be grounded and to document major relationships related to the concepts of organizational learning and IOL. Using resource-based view, relational view, and knowledge-based view as the theoretical foundations, a conceptual model depicting IOL as a source of a competitive advantage was developed. The proposed theoretical framework suggests IOL can be used to develop capabilities such as innovation and flexibility that, in turn, lead to higher levels of logistics performance and contribute to a firm's competitive advantage. Supply chain orientation is an important antecedent to IOL, and cultural distance is an important moderator of IOL. This article contributes to the body of knowledge on IOL by positioning IOL within the framework of received theories and constructs. Implications for managers and several directions for future research are also identified.

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Impact of Inventory Management Flexibility on Service Flexibility and Performance: Evidence from Mainland Chinese Firms

Cited by 6 publications

References 32 publications

Goal Orientation and Preparation Process in Online Reverse Auctions:

Goal Orientation and Preparation Process in Online Reverse Auctions:

Analyzing the Relationship Between Inventory Policies and CSR Practices: Case of Jordanian Companies

The Quest for Competitive Advantage in Global Supply Chains:

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