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1 – 10 of 198Ayedh Alqahtani and Andrew Whyte
This paper aims to identify the main non-cost factors affecting accurate estimation of life cycle cost (LCC) in building projects.
Abstract
Purpose
This paper aims to identify the main non-cost factors affecting accurate estimation of life cycle cost (LCC) in building projects.
Design/methodology/approach
Ten factors affecting LCC in building project cost estimates are identified through literature and interviews. A questionnaire survey is conducted to rank these factors in order of priority and provide the views of cost practitioners about the significance of these factors in the accurate estimation of LCC. The data from 138 construction building projects completed in UK were collected and analysed via multiple regression to discover the relationship between capital and LCCs and between non-cost factors and cost estimation at each stage of the life cycle (capital, operation, maintenance and LCC).
Findings
The results of analysis of existing LCC data of completing project and survey data from cost professionals are mostly consistent with many literature views and provide a reasonable description of the non-cost factors affecting the accuracy of estimates.
Originality/value
The value of this study is in the method used, which involves analysis of existing life data and survey data from cost professionals. The results provide a plausible description of the non-cost factors affecting the accuracy of estimates.
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Ayedh Alqahtani and Andrew Whyte
The purpose of this paper is to compare the performance of regression and artificial-neural-networks (ANNs) methods to estimate the running cost of building projects towards…
Abstract
Purpose
The purpose of this paper is to compare the performance of regression and artificial-neural-networks (ANNs) methods to estimate the running cost of building projects towards improved accuracy.
Design/methodology/approach
A data set of 20 building projects is used to test the performance of these two (ANNs/regression) models in estimating running cost. The concept of cost-significant-items is identified as important in assisting estimation. In addition, a stepwise technique is used to eliminate insignificant factors in regression modelling. A connection weight method is applied to determine the importance of cost factors in the performance of ANNs.
Findings
The results illustrate that the value of the coefficient of determination=99.75 per cent for ANNs model(s), with a value of 98.1 per cent utilising multiple regression (MR) model(s); second, the mean percentage error (MPE) for ANNs at a testing stage is 0.179, which is less than that of the MPE gained through MR modelling of 1.28; and third, the average accuracy is 99 per cent for ANNs model(s) and 97 per cent for MR model(s). On the basis of these results, it is concluded that an ANNs model is superior to a MR model when predicting running cost of building projects.
Research limitations/implications
A means for continuous improvement for the performance of the models accuracy has been established; this may be further enhanced by future extended sample.
Originality/value
This work extends the knowledge base of life-cycle estimation where ANNs method has been found to reduce preparation time consumed and increasing accuracy improvement of the cost estimation.
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Jian-yu Fisher Ke, Robert J. Windle, Chaodong Han and Rodrigo Britto
The purpose of this paper is to propose that transportation modal mix in global supply chains is a result of the strategic alignment between industry characteristics and supply…
Abstract
Purpose
The purpose of this paper is to propose that transportation modal mix in global supply chains is a result of the strategic alignment between industry characteristics and supply chain strategies.
Design/methodology/approach
Using annual US trade statistics and manufacturing industry data for the years 2002-2009 between the USA and its top 12 Asian trading partners, this study applies various regression methods to examine key factors associated with the transport modal decision.
Findings
The results show that industry characteristics have an impact on the transportation modal mix in global supply chains. Manufacturing industries use more air freight and less ocean freight when facing positive sales surprises, high-monthly demand variation, a high-contribution margin ratio, a high cost of capital, and increased competition.
Practical implications
The findings provide important insights for logistics managers and freight forwarders. While transportation cost remains an important concern, a logistics manager must also consider non-cost factors such as competition, working capital, and demand uncertainties in their modal decisions. Freight forwarders should be supply chain solution providers who consider all of these industry factors and suggest a proper mix of transportation modes for their customers.
Originality/value
This study is among the first efforts to examine the impact of industry characteristics on the transportation modal mix in global supply chains. This study first develops a theoretical framework for the modal choice decision for international transportation movements and then, using an extensive and innovative data set, provides new findings regarding current air freight practices in global supply chains.
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Chester G. Wilmot, Donald R. Deis and Rong Xu
The purpose of this project was to develop a systematic, objective procedure to evaluate the potential to outsource functions and activities currently performed by the Louisiana…
Abstract
The purpose of this project was to develop a systematic, objective procedure to evaluate the potential to outsource functions and activities currently performed by the Louisiana Department of Transportation and Development (LaDOTD). A computer-based model was developed which evaluates the qualitative and cost aspects of contracting out activities and functions. The model was applied to three activities in the LaDOTD; highway markers, highway striping, and maintenance of rest areas. The results were in line with the expectations of officials who have experienced actual outsourcing of these activities. The model was constructed so that the perspectives it considers and the criterion on which outsourcing is assessed may be altered by the user to allow its use in a variety of settings.
Soomin Park, Michael J. Braunscheidel and Nallan C. Suresh
The study presents a conceptual model of a firm's supply chain agility (FSCA) as a formative construct formed by sensing and responding capabilities. Both construct validity and…
Abstract
Purpose
The study presents a conceptual model of a firm's supply chain agility (FSCA) as a formative construct formed by sensing and responding capabilities. Both construct validity and predictive validity of the model are tested by investigating nuanced effects of FSCA on business performance. The study aims to empirically validate the sensing-responding theoretical framework of Overby et al. (2006) and extend the emergent stream on sensing-responding frameworks for supply chain agility.
Design/methodology/approach
Survey research is employed. Data are analysed using partial least squares technique and mediation tests by Hayes PROCESS macro.
Findings
FSCA is established as a revised construct formed by the distinct capabilities of sensing and responding. The efficacy of utilizing FSCA as a formative 2nd order construct was established. In addition, FSCA is shown to affect business performance through mediations of cost efficiency and customer effectiveness, establishing its predictive validity.
Originality/value
This study contributes significantly to the literature on supply chain agility in terms of both theory and practice for cultivating supply chain agility. Drawing on resource-based view and resource-advantage theories, as reformulation of supply chain agility as a formative construct of sensing and responding capabilities, this research opens up new lines of inquiry on agility.
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Public agencies have started to shift away from the traditional lowest responsive and responsible bid to other approaches in purchasing certain items and services. These…
Abstract
Public agencies have started to shift away from the traditional lowest responsive and responsible bid to other approaches in purchasing certain items and services. These alternative approaches emphasize the quality of the products and the qualifications of the vendors. The purpose of this article is to explore the use qualifications-based selection (QBS) and other non-traditional source selection methods in public procurement processes. An online survey was sent out to 1665 members of the National Institute of Governmental Purchasing, and a mail survey sent a random sample to 300 American Public Works Association members. The survey results show that while the traditional lowest responsive and responsible bidding is still the dominant selection method when all procurement is considered, QBS and other non-traditional methods have gained wide acceptance and use in public agencies, especially for the purchase of professional services and information technology.
This study aims to explore critical success factors contributing to the selection of beneficial foreign markets by Arabian international firms.
Abstract
Purpose
This study aims to explore critical success factors contributing to the selection of beneficial foreign markets by Arabian international firms.
Design/methodology/approach
Multiple case study method was adopted in the study, and thus, two rich-information comparative case studies were purposefully selected from Arabian large firms. Additionally, seven international market selection (IMS) decisions were examined through relying on personal interviews and archival data, and field notes as secondary data resources. Two main stages of analysis were undertaken, i.e. within and cross-case analyses.
Findings
The results showed four critical factors contributing to the selection of beneficial international markets by Arabian firms, i.e. international business experience of the selected management team, the market knowledge about the potential international markets, in-house and external consultations with international business experts and identification of a trustworthy and internationally experienced manager for the international operation.
Practical implications
The results have important implications to business managers by improving their foreign market selection behavior. Further, the research’s findings can assist less-experienced firms, willing to internationalize their businesses, in enhancing their decision-making process to arrive at beneficial country for their international operations.
Originally/value
The research findings provide significant theoretical contribution to literature review on the internationalization process of firms through addressing critical success factors in IMS decision process. Further, it provides significant methodological contributions in relation to the effectiveness of the case study approach in capturing elements of the IMS process.
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Gianluca Spina, Nicola Campanella and Giampaolo Codeluppi
This paper deals with the decision making about the strategic alternatives for distributing a commodity – the bulk cement – characterised by an extremely high incidence of the…
Abstract
This paper deals with the decision making about the strategic alternatives for distributing a commodity – the bulk cement – characterised by an extremely high incidence of the transportation costs. It is based on the case of Italcementi Group (ITC), the largest European producer of cement, leader in Italy with a share higher than 30 per cent and growing abroad through acquisitions and foreign direct investment in Europe, North America, Middle East and North Africa. This paper shows a methodology to select the most suitable alternative between own account, hire and reward and long‐term partnership to distribute basic commodities, given the existing manufacturing base (facility locations are given). The methodology takes into account the context of the local markets and supply of logistic services and considers multiple performance criteria.
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This study looks at drivers of internationalisation and the important location decision factors contributed to the selection of a beneficial country for international expansion…
Abstract
This study looks at drivers of internationalisation and the important location decision factors contributed to the selection of a beneficial country for international expansion. One in‐depth and information‐rich case study of the Arabian premium international professional service firms was purposively undertaken. The results show that both firm and location‐specific factors, firm’s competitive advantage, company’s management attitudes and profit growth were the main drivers of internationalisation. Further, the study reveals that the pre‐development of country qualitative and quantitative location factors was elemental to attain profitable foreign country choice. Accordingly, these findings have significant theoretical and practical implications to the internationalisation and foreign market entry of professional service firms.
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Christian Kowalkowski, Daniel Kindström and Lars Witell
Manufacturing firms primarily organise service provision internally, externally or through a hybrid arrangement. This paper aims to analyse how firm‐, offering‐, and…
Abstract
Purpose
Manufacturing firms primarily organise service provision internally, externally or through a hybrid arrangement. This paper aims to analyse how firm‐, offering‐, and market‐specific factors influence the way in which a firm organises its service provision. In addition, the paper analyses the specific challenges that each organisational arrangement presents for a firm.
Design/methodology/approach
The study employed a qualitative, multiple‐case research design that involved seven manufacturing firms with different organisational arrangements for service provision.
Findings
Contrary to certain explicit assumptions, few firms organise for service provision solely through an in‐house organisation. Analysis of firms in a wide variety of industries has shown that the organisational arrangements (internal, external or hybrid configuration) are contingent on factors such as market strategy, customer relationships, product‐service linkages, internal competences and market channel characteristics.
Research limitations/implications
The paper is an initial attempt to understand the strategic choices that firms make in terms of inter‐organisational arrangements for service provision. The research should be extended by way of a cross‐sectional survey in order to test and further validate the importance of the determinants of the organisational arrangements for service provision.
Originality/value
The paper contributes to the service marketing and management literature by examining factors that determine whether firms organise for service provision internally, externally or through a hybrid configuration. Prior research has not explicitly addressed this issue.
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