The impact of trust on innovativeness and supply chain performance

Panayides, Photis M.; Lun, Y. H. Venus

doi:10.1016/j.ijpe.2008.12.025

Cited by 272 publications

(246 citation statements)

References 97 publications

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“…Mutual trust that issues arising outside the contract parameters allows contracts to be incomplete, since not all scenarios can be accounted for in the contract. Additionally, it has been shown that trust can be effective dynamic in successful relationships (Handfield et al, 2006;Panayides and Lun, 2009). Trust has also been shown to have a positive relationship to innovation (Wang et al, 2011).…”

Section: Discussionmentioning

confidence: 99%

Recycling procurement strategies with variable yield suppliers

Rowe

Ekşioğlu

2015

Ann Oper Res

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Companies are no longer judged on financial performance alone, but rather on their "Triple-Bottom Line", which accounts for social and environmental measures as well. This leads companies to investigate the sustainability of their operations and their products. Between the increasing cost of virgin raw materials and customers demanding post-consumer product content, manufacturers have begun looking at recycled material options. This paper addresses a procurement issue facing a polystyrene packaging manufacturer considering its optimal purchasing strategies between two suppliers -one providing virgin material, the other offering recycled material. A single-period scenario is modeled where each supplier sells product with a known yield distribution at market pricing. The manufacturer must choose whether to sole-source or dual-source, as well as determine how much material to purchase from each supplier to meet deterministic demand. Our results indicate that there is a range of prices from the recycled material supplier where dual-sourcing will lead to higher manufacturer profits compared to solesourcing. We show, based on the procurement strategy, the optimal quantities to purchase to maximize manufacturer's expected profit.We then investigate the area of supplier development and how the manufacturer can improve their expected profit by investing in their supplier's quality improvement effort. The questions addressed are how much the manufacturer would be willing to invest and how they ensure the proper return on their investment. This paper determines the expected increase in profit for the manufacturer from yield improvement projects at a supplier, which therefore becomes the upper threshold for investment. We also find that a company can err in their project acceptance criteria if they have an approval process that views project acceptance myopically rather than holistically.Lastly, we develop a systematic and comprehensive approach to the supplier selection process. We utilize the fundamental concepts behind W. Edwards Deming's Plan-Do-Study-Act improvement cycle and apply them to the supplier selection process.We also present analytic and numerical study results that can be used in conjunction with contractual mechanisms to not only overcome issues such as free riding, but to also incentivize suppliers to engage in supplier development projects they may not have otherwise undertaken. In order to understand why companies have become more attentive to the issue of recycling, one must look back over the past few decades. Firms have faced increased scrutiny on the environmental impact surrounding the disposal of consumer goods, the disposition of production by-products, and how they act as corporate citizens. No longer are companies judged solely on their financial measurements. They are now being evaluated on the "Triple Bottom Line". This metric measures a firm's social and environmental performance, as well as its economic performance. Manufacturers must 2 now address how their products impact the environment...

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Section: Discussionmentioning

confidence: 99%

Recycling procurement strategies with variable yield suppliers

Rowe

Ekşioğlu

2015

Ann Oper Res

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“…Thus, improvement in performance (e.g., shorten voyage distance to reduce waste of shipping capacity and related operating cost) may be one of the drivers for firms to implement a GSN. The subject of performance has received increasing interest from both academics and policy makers (Panayides and Lun, 2009). Potential benefits gained through pursuing GSPs include decreased fuel cost, waste treatment, and waste discharge.…”

Section: Discussionmentioning

confidence: 99%

Development of green shipping network to enhance environmental and economic performance

Lun¹

2013

Polish Maritime Research

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“…Based on these, Table 1 summarises the present methodological profile. Zineldin-Jonsson [2000] x -x x Handfield-Bechtel [2002] x -x x Brashear et al [2003] x -x x Dyer-Chu [2003] x -x x Farrelly-Quester [2003] x -x x Izquierdo-Cillán [2004 ] x -x x Kwon-Suh [2004] x -x x Ryssel-Ritter-Gemünden [2004] x -x x Gounaris [2003] x -x x Leung et al [2005] x -x x Svensson [2005] x -x x Barnes-Naudé-Michell [2005] x -x x Ulaga-Eggert [2006] x -x x Svensson [2006] x -x x x Zhao-Cavusgil [2006] x -x x Caceres-Paparoidamis [2007] x -x x Eriksson-Laan [2007] x -x x Kingshott-Pecotich [2007] x -x x Liu-Luo-Liu [2009] x -x x Nielsen-Nielsen [2009] x -x x Panayides-Lun [2009] x -x x Yeung et al [2009] x -x x Wagner-Eggert-Lindemann [2010] x -x x Davis et al [2011] x -x x Jiang-Henneberg-Naudé [2012] x -x x Source: Gelei-Dobos [2016] p. 672.…”

Section: The Statistical-mathematical Methodology Applied In the Analmentioning

confidence: 99%

The challenge of researching dyadic phenomena – the comparison of dyadic data analysis and traditional statistical methods*

Gelei¹,

Sugár²

2017

Statisztikai szemle

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The study of business relationships poses a number of challenges. This article focuses specifically on the methodological issues arising from the dyadic nature of relations. As a consequence of the dyadic nature, it is important that throughout the analyses the phenomena can be measured as embedded in the given relation and in this way, they can be studied without losing their unique context. A common criticism of using questionnaire surveys in examining business relations is that in research, the so-called single-ended operationalising or measure is dominant, and the data thus obtained is analysed by traditional mathematical-statistical methods. According to critical opinions in the literature, this methodological practice cannot lead to reliable results.The present article uses the database of a questionnaire survey to investigate whether the former standpoint is well founded. A specific research hypothesis is tested on the data obtained from paired query. In this process, the suggested methods for dyadic data analysis are used besides analyses carried out using various measures from traditional statistics. Dyadic data analysis provides extra value primarily in its perspective; regarding the results in the present study, it has not proved to be a major breakthrough.

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The impact of trust on innovativeness and supply chain performance

Cited by 272 publications

References 97 publications

Recycling procurement strategies with variable yield suppliers

Recycling procurement strategies with variable yield suppliers

Development of green shipping network to enhance environmental and economic performance

The challenge of researching dyadic phenomena – the comparison of dyadic data analysis and traditional statistical methods*

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