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1 – 8 of 8Benhong Peng, Yuanyuan Wang, Sardar Zahid, Guo Wei and Ehsan Elahi
The purpose of this paper is to propose a framework of value co-creation in platform ecological circle for cold chain logistics enterprises to guide the transformation and…
Abstract
Purpose
The purpose of this paper is to propose a framework of value co-creation in platform ecological circle for cold chain logistics enterprises to guide the transformation and development of cold chain logistics industry.
Design/methodology/approach
This paper establishes a conceptual framework for the research on the platform ecological circle in cold chain logistics, utilizes a structural equation model to investigate the influencing factors of the value co-creation of the platform ecological circle in the cold chain logistics enterprises and elaborates the internal relations between different influencing factors regarding the value co-creation and enterprises’ performance.
Findings
Results show that resource sharing in logistics platform ecological circle can stimulate the interaction among enterprises and this produces a positive influence on their dynamic capabilities, which, in turn, affects the they to work together to plan, implement and solve problems, so as to achieve the goal of improving enterprise performance.
Practical implications
The shared resources and value co-creation activities in the platform ecological circle are very important for the transformation and development of cold chain logistics enterprises. Therefore, enterprises should promote value co-creation through realizing resource sharing and creating a win-win cooperation mechanism.
Originality/value
This paper targets at incorporating the resource sharing in platform ecological circle for cold chain logistics enterprises, explores from an empirical perspective the role of the resource sharing in cold chain logistics enterprises in enhancing the dynamic capabilities of enterprises, thereby encouraging the value co-creation behavior, and ultimately boosts enterprise performance and stimulates business development.
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Haonan Chen, Anxia Wan, Guo Wei and Peng Benhong
This study aims to enhance the assessment of green governance in energy projects along the Belt and Road, reduce the influence of fuzzy judgment, and construct a grey network…
Abstract
Purpose
This study aims to enhance the assessment of green governance in energy projects along the Belt and Road, reduce the influence of fuzzy judgment, and construct a grey network analysis model from the perspective of Environmental, Social, and Governance (ESG).
Design/methodology/approach
The ESG concept is used to establish an evaluation indicator system. The Analytic Network Process (ANP) and the Grey System Theory are applied sequentially to determine the green governance grade of energy projects, exemplified by an evaluation of five projects.
Findings
The Karot hydropower project has the best green governance status among the five projects and is of excellent grade. This is followed by the Hongfeng photovoltaic project, the De Aar wind power project, and the Yamal liquefied natural gas project, which are of good grade. The Lamu coal power station project has the worst green governance and is at a medium level.
Practical implications
This study can assist Belt and Road energy projects in identifying their deficiencies and promoting sustainable development by providing a robust framework for green governance evaluation.
Originality/value
The indicator system developed in this study includes social and project governance aspects in addition to environmental performance, reflecting the comprehensive green governance status of projects. The combined use of ANP and grey system theory fully considers the mutual influence relationship between indicators and improves the objectivity of green governance grade judgment.
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Anxia Wan, Qianqian Huang, Ehsan Elahi and Benhong Peng
The study focuses on drug safety regulation capture, reveals the inner mechanism and evolutionary characteristics of drug safety regulation capture and provides suggestions for…
Abstract
Purpose
The study focuses on drug safety regulation capture, reveals the inner mechanism and evolutionary characteristics of drug safety regulation capture and provides suggestions for effective regulation by pharmacovigilance.
Design/methodology/approach
The article introduces prospect theory into the game strategy analysis of drug safety events, constructs a benefit perception matrix based on psychological perception and analyzes the risk selection strategies and constraints on stable outcomes for both drug companies and drug regulatory authorities. Moreover, simulation was used to analyze the choice of results of different parameters on the game strategy.
Findings
The results found that the system does not have a stable equilibrium strategy under the role of cognitive psychology. The risk transfer coefficient, penalty cost, risk loss, regulatory benefit, regulatory success probability and risk discount coefficient directly acted in the direction of system evolution toward the system stable strategy. There is a critical effect on the behavioral strategies of drug manufacturers and drug supervisors, which exceeds a certain intensity before the behavioral strategies in repeated games tend to stabilize.
Originality/value
In this article, the authors constructed the perceived benefit matrix through the prospect value function to analyze the behavioral evolution game strategies of drug companies and FDA in the regulatory process, and to evaluate the evolution law of each factor.
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Chaoyu Zheng, Benhong Peng and Guo Wei
The operational management of cold chain logistics has an important impact on the quality of cold chain products, but the service delivery process is subject to a series of…
Abstract
Purpose
The operational management of cold chain logistics has an important impact on the quality of cold chain products, but the service delivery process is subject to a series of potential problems such as product loss and cold storage temperature in the actual operation.
Design/methodology/approach
In this paper, the whole cold chain logistics system and risk events are analyzed. A Bayesian network is used for modeling and simulation to identify the main influencing factors and to conduct a sensitivity analysis of the main factors.
Findings
It is found that the operation of cold chain logistics systems can be divided into four links according to the degree of influence as follows: transportation and distribution, processing and packaging, information processing and warehousing. Transportation and distribution is the most influential factor of system failure, and extreme weather is the most risky event. At the same time, the four risk events that have the greatest impact on the operation of the cold chain system are in descending order: transportation equipment failure, extreme weather, unqualified pre-cooling and violation operation.
Originality/value
Therefore, enterprises should develop appropriate interventions for securing the transportation services, design strategies to deal with extreme weather conditions prior to and in the early stage of product delivery, and prepare additional effective measures for managing emergency events.
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Chaoyu Zheng, Zhaoqiang Zhong, Baiyu Wu, Xuan Zhao, Mu Yue and Benhong Peng
Owing to the limitations of traditional infectious disease dynamic systems in accurately encapsulating the nuances of China’s dynamic epidemic prevention policies and considering…
Abstract
Purpose
Owing to the limitations of traditional infectious disease dynamic systems in accurately encapsulating the nuances of China’s dynamic epidemic prevention policies and considering the varying sensitivity of local governments to the unfolding of public health emergencies (PHEs), this paper introduces a novel infectious disease dynamic system.
Design/methodology/approach
This system, rooted in the distinct characteristics of infectious diseases and nuanced prevention and control measures, leverages a learning model for enhanced precision. It intricately incorporates factors such as the infectivity in sealed and controlled areas and the role of asymptomatic patients, thereby refining the dynamics of isolation, sealing, control and the transition from asymptomatic to confirmed cases. Employing the Markov Chain Monte Carlo (MCMC) parameter estimation approach significantly augments the accuracy in pinpointing the valid parameters of disease spread. Empirical analysis was meticulously carried out, using data from the Shanghai epidemic from 1 Mar 2022 to 1 Jul 2022.
Findings
This analysis not only illuminates the profound impact of control efforts on the trajectory of the epidemic but also underscores the pivotal role of social distancing in curbing the rapid transmission of infectious diseases. Furthermore, it reveals that an accelerated detection rate during the swift spread and peak of the epidemic paradoxically leads to a surge in confirmed cases and a consequent strain on medical resources, thereby impeding the pace of medical intervention.
Originality/value
A stage-wise dissection of the Shanghai epidemic and comparative analyses against the evolution profiles in ASEAN countries elucidates the five stages of PHE risk evolution in alignment with the crisis lifecycle theory. These stages encompass hidden transmission, multi-point dissemination, multi-chain parallelism, rapid spread, fluctuation rebound and multi-community spread, each presenting unique challenges and dynamics in the control and management of the epidemic.
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Jiaojiao Ge, Benhong Peng, Guo Wei and Anxia Wan
To strengthen the correlation analysis on risk factors of drug production safety and reduce the influence due to fuzzy judgments, a safety risk assessment method based on…
Abstract
Purpose
To strengthen the correlation analysis on risk factors of drug production safety and reduce the influence due to fuzzy judgments, a safety risk assessment method based on Grey-Analytic Network Process (G-ANP) is proposed.
Design/methodology/approach
First, an index system evaluating drug production safety risk is constructed according to the “Good Manufacture Practice of Medical Products,” next the influence weight of each risk index is derived by using the Analytic Network Process, then the grey number of each risk index is determined by further utilizing the grey statistical theory, and finally the risk level of drug production is obtained.
Findings
An empirical study is conducted and the results support the feasibility and practicability to use G-ANP method for drug production safety risk evaluation. The results of the case show that it is feasible and practical to use G-ANP method for drug production safety risk evaluation.
Originality/value
The innovation lies in the use of G-ANP method to fully consider the interdependence and interaction between the risk factors of drug production safety, which improves the objectivity in judging the risk level of drug production and provides a scientific basis for pharmaceutical manufacturers to formulate further decisions and management in the case of insufficient quantification of risk factors. Based on the findings, more targeted suggestions are made to reduce the production risk of pharmaceutical enterprises.
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Chaoyu Zheng, Benhong Peng, Xuan Zhao, Guo Wei, Anxia Wan and Mu Yue
How to identify the critical success factors (CSFs) of public health emergencies (PHEs) is of great practical significance to carry out a scientific and effective risk assessment…
Abstract
Purpose
How to identify the critical success factors (CSFs) of public health emergencies (PHEs) is of great practical significance to carry out a scientific and effective risk assessment. The purpose of this paper is to address this issue.
Design/methodology/approach
In this paper, the authors propose a new approach to identify the CSFs by hesitant fuzzy linguistic set and a Decision-Making Trial and Evaluation Laboratory (DEMATEL) approach. First, a larger group of experts are clustered into three groups according to similarity degree. Then, the weight of each cluster is determined by the maximum consensus method, and the overall direct influence matrix is obtained by clustering with hesitant fuzzy linguistic weighted geometric (HFLWG) operators. Finally, the overall direct influence matrix is transformed into the crisp direct impact matrix by the score function, and 11 CSFs of PHEs are identified by using the extended DEMATEL method.
Findings
In addition, an example of PHEs shows that the approach has good identification applicability. The approach can be used to solve the problems of fuzziness and subjectivity in linguistic assessments, and it can be applied to identify the customer service framework with the linguistic assessments process in emergency management.
Originality/value
This paper extends the above DEMATEL method to study in the hesitant fuzzy linguistic context. This proposed hybrid approach has a wider application in the high-risk area where disasters frequently occur.
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Chaoyue Wang, Fujun Wang, Changliang Ye, Benhong Wang and Zhichao Zou
Tip leakage vortex flow (TLV) is a common flow phenomenon in the axial-flow hydraulic machinery. High-efficiency simulation of TLV is still not an easy task because of the complex…
Abstract
Purpose
Tip leakage vortex flow (TLV) is a common flow phenomenon in the axial-flow hydraulic machinery. High-efficiency simulation of TLV is still not an easy task because of the complex turbulent vortex-cavitation interactions. As an important basis of CFD, turbulence model directly affects the efficient computation of TLV. The purpose of this paper is to evaluate the newly developed MST turbulence model in predicting the TLV flows.
Design/methodology/approach
By using the MST turbulence model and the ZGB cavitation model, numerical simulations of the TLV generated by a NACA0009 hydrofoil were performed under the cavitation-free and cavitation conditions, and the results were compared with the available experimental data.
Findings
The important features of TLV are well captured by the MST-based simulation scheme, and the problem of under-predicting the cavitating TLV tube is well solved. Turbulent viscosity is reasonably adjusted in the TLV core regions, and the LES-like mode is activated, which is beneficial to obtain more turbulent information on the same URANS grids. The requirements of grid size and time step of the MST model are much lower than that of the LES method, thereby weighing a good balance between the simulation accuracy and computation cost.
Originality/value
The MST turbulence model is suitable for the high-efficiency simulation of the TLV flows, which can lay a good foundation for efficient engineering computations of the cavitating TLV in the axial-flow hydraulic machinery.
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