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1 – 10 of over 127000Arch G. Woodside, Günter Specht, Hans Mühlbacher and Clas Wahlbin
This paper examines three issues. First, do multiple possible paths to high versus low new product performance (NPP) occur among European, high-tech, industrial manufacturing…
Abstract
This paper examines three issues. First, do multiple possible paths to high versus low new product performance (NPP) occur among European, high-tech, industrial manufacturing firms? Second, what are the upstream influences on high NPP? For example, what background factors affect the levels of the KSFs? Third, do consistent country-level differences occur among Austrian, German, and Swedish executives in their evaluations of antecedents and high-tech NPP? To probe these issues, a total of 771 chief operating officers and project managers participated in face-to-face long interviews (McCracken, 1988) covering 241 less and 264 more successful than average industrial NPD projects. The empirical findings support the propositions that: (1) multiple paths lead to high versus low NPP; (2) unique antecedent variables affect the KSFs for high NPP; and (3) for several upstream and direct influences, consistent national differences occur among executives’ assessments of NPP. A key implication of the study for NPD executives is to recognize the possibility of alternative paths leading to successful NPD.
Daniel Nordigården, Jakob Rehme, Staffan Brege, Daniel Chicksand and Helen Walker
The purpose of this paper is to investigate an underexplored aspect of outsourcing involving a mixed strategy in which parallel production is continued in-house at the same time…
Abstract
Purpose
The purpose of this paper is to investigate an underexplored aspect of outsourcing involving a mixed strategy in which parallel production is continued in-house at the same time as outsourcing occurs.
Design/methodology/approach
The study applied a multiple case study approach and drew on qualitative data collected through in-depth interviews with wood product manufacturing companies.
Findings
The paper posits that there should be a variety of mixed strategies between the two governance forms of “make” or “buy.” In order to address how companies should consider the extent to which they outsource, the analysis was structured around two ends of a continuum: in-house dominance or outsourcing dominance. With an in-house-dominant strategy, outsourcing complements an organization's own production to optimize capacity utilization and outsource less cost-efficient production, or is used as a tool to learn how to outsource. With an outsourcing-dominant strategy, in-house production helps maintain complementary competencies and avoids lock-in risk.
Research limitations/implications
This paper takes initial steps toward an exploration of different mixed strategies. Additional research is required to understand the costs of different mixed strategies compared with insourcing and outsourcing, and to study parallel production from a supplier viewpoint.
Practical implications
This paper suggests that managers should think twice before rushing to a “me too” outsourcing strategy in which in-house capacities are completely closed. It is important to take a dynamic view of outsourcing that maintains a mixed strategy as an option, particularly in situations that involve an underdeveloped supplier market and/or as a way to develop resources over the long term.
Originality/value
The concept of combining both “make” and “buy” is not new. However, little if any research has focussed explicitly on exploring the variety of different types of mixed strategies that exist on the continuum between insourcing and outsourcing.
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Carolina Reis Gualberto, Lásara Fabrícia Rodrigues and Karine Araújo Ferreira
The purpose of this paper is to develop an approach to evaluate the partial postponement strategy and compare it with postponement and make-to-stock (MTS) strategies in the…
Abstract
Purpose
The purpose of this paper is to develop an approach to evaluate the partial postponement strategy and compare it with postponement and make-to-stock (MTS) strategies in the production of table wine in wineries in the state of Minas Gerais (south-eastern Brazil).
Design/methodology/approach
An approach based on discrete event simulation was developed to support decision-making in the wine sector. Simulation models were used to analyse partial postponement, postponement and MTS strategies in wine production. These models were inspired by a typical table wine producer selected from an exploratory study conducted in 12 wineries of Minas Gerais state in Brazil.
Findings
Hybrid strategies, such as partial postponement, favour the advantages of postponement and MTS depending on the portion of semi-finished and finished goods adopted. Wine production characteristics favour postponement and partial postponement with high semi-finished product levels (customer order-driven product) because this allows companies to reduce their inventory of bottles, despite possible increases in lost sales and costs. MTS and partial postponement with high finished product levels (forecast-driven product) present higher costs with bottled wine storage; however, these strategies reduce lost sales and improve agility and reliability in deliveries.
Research limitations/implications
Future research should analyse the production of table wines in other regions of the country and the production of fine wines.
Practical implications
The findings suggest promising perspectives for real-life applications in wineries in Brazil and other countries.
Originality/value
Simulation techniques allow the analysis of production strategies in little-known industries, such as table wine production in Brazil. The approach developed is flexible enough to support decisions and to be adapted to companies’ and markets’ characteristics and to test specific strategies.
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Fuli Zhou, Panpan Ma, Yandong He, Saurabh Pratap, Peng Yu and Biyu Yang
With an increasingly fierce competition of the shipbuilding industry, advanced technologies and excellent management philosophies in the manufacturing industry are gradually…
Abstract
Purpose
With an increasingly fierce competition of the shipbuilding industry, advanced technologies and excellent management philosophies in the manufacturing industry are gradually introduced to domestic shipyards. The purpose of this study is to promote the lean management of Chinese ship outfitting plants by lean production strategy.
Design/methodology/approach
To promote the lean implementation of Chinese shipyards, the lean practice of ship-pipe part production is highlighted by lot-sizing optimization and strategic CONWIP (constant work-in-process) control. A nonlinear programming model is formulated to minimize the total cost of ship-pipe part manufacturing and the particle swarm optimization (PSO)-based algorithm is designed to resolve the established model. Besides, the pull-from-the-bottleneck (PFB) strategy is used to control ship-pipe part production, verified by Simulink simulation.
Findings
Results show that the proposed lean strategy of the programming model and strategic PFB control could assist Chinese ship outfitting plants to leverage competitive advantage by waste reduction and lean achievement. Specifically, the PFB double-loop control strategy shows better performance when there is high productivity and the PFB single-loop control outperforms at lower productivity scenarios.
Practical implications
To verify the effectiveness of the proposed lean strategy, a case study is performed to validate the formulated model. Also, simulation experiments realized by FlexSim software are conducted to testify results obtained by the constructed programming model.
Originality/value
Lean production management practice of the shipyard building industry is performed by the proposed lean production strategy through lot-sizing optimization and strategic PFB control in terms of ship-pipe part manufacturing.
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Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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Elena Bonel, Paolo Pellizzari and Elena Rocco
The concept of coopetition is founded on the complementarity‐based nature of this strategy. However, coopetition research has devoted relatively little attention to…
Abstract
The concept of coopetition is founded on the complementarity‐based nature of this strategy. However, coopetition research has devoted relatively little attention to complementarity issues and their impact on coopetition results. By bridging the coopetition and economics of complementarities research fields, we develop a model representing a classical optimization problem in complementarities as applied to coopetition in order to evaluate potential risks deriving at an operational level from implementing a coopetition strategy. The model we develop is a situated one and is based on empirical data from a longitudinal case study of coopetition in the mineral water and soft drinks industry. The results highlight a potential risk of coopetition strategies – namely, thresholds effects – as well as the associated risks a wrong understanding of complementarities in a coopetition setting may entail.
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Mohit Goswami and Yash Daultani
This study aims to devise generalized unconstrained optimization models for ascertaining the optimal level of product quality and production capacity level by modeling both…
Abstract
Purpose
This study aims to devise generalized unconstrained optimization models for ascertaining the optimal level of product quality and production capacity level by modeling both product price and production cost as a function of product quality. Further, interrelations among investment for quality, product quality and production volume are considered. This study contributes toward the extant research, in that nuances related to price, production volume, and product quality are fused together such that two broad operational strategies of product quality optimization and production capacity optimization can be contrasted.
Design/methodology/approach
To achieve the research objectives, the authors evolve unconstrained optimization models such that optimal product quality level and optimal production capacity level can be obtained employing the principles of differential calculus aimed at maximizing the manufacturer's profit. Specifically, nuances related to quality technology and efficiency, and quality loss cost has also been integrated in the integrated model. Thereafter, employing numerical analysis for a generalized product, the detailed workings of evolved models are demonstrated. The authors further carry out the sensitivity analysis to understand the impact of investment for quality onto the manufacturer's profit for both operational strategies.
Findings
The research demonstrates that the manufacturer would be better off adopting production capacity optimization strategy as an operational policy, as opposed to product quality optimization policy for the manufacturer's profit maximization. Further, considering the two operational strategies, the manufacturer does not obtain the highest possible theoretical profit when pertinent variables (product quality and production capacity) are set at highest possible theoretical level. This research discusses that in low-volume and high-margin products, it might be useful to adopt a product quality optimization strategy as a production capacity optimization strategy results in significantly high quality loss cost.
Originality/value
The findings of our study have a significant implication for industries such as steel-making, cement production, automotive industry wherein the conventional wisdom dictates that higher level of production capacity utilization always results in higher level of revenues. However, the authors deduce that beyond certain production capacity utilization, striving for higher utilization does not fetch additional profit. This work also adds to the extant research literature, in that it integrates the nuances of product quality, production volume and pricing in an integrative manner.
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Mustafa Graisa and Amin Al‐Habaibeh
The purpose of this paper is to investigate maintenance and production problems in the cement industry in Libya, with particular emphasis on future implementation of total…
Abstract
Purpose
The purpose of this paper is to investigate maintenance and production problems in the cement industry in Libya, with particular emphasis on future implementation of total productive maintenance (TPM).
Design/methodology/approach
The paper presents the use of case study approach of production data and history, field visits, a survey methodology using a detailed questionnaire with employees and interviews with top and middle managers in four cement factories.
Findings
It has been found that the four factories under investigation have low productivity and production levels when compared with the design values. There is no clear TPM strategy and also it has been found that the lack of training and personal development is the main cause of this problem. In addition, employees are found not to be motivated as a result of the lack of a management strategy and reward structure.
Research limitations/implications
Based on the findings, a new framework for TPM has been developed. This TPM strategy could be implemented in other Libyan factories as a result of the potential similarities in the cultural and environmental aspects.
Practical implications
The current challenges have been identified and comparative analysis is developed into a model for the implementation of TPM.
Originality/value
The paper highlights limitations in some of the cement factories in Libya in relation to TPM and production strategies. The importance of adopting a realistic strategy and framework by managers is discussed. This work is developed as collaboration between academia and one of the Libyan cement companies to solve productivity problems and develop a strategic framework of TPM for improving Libyan industry.
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Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or countries in…
Abstract
Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or countries in their efforts to develop and market new products. Looks at the issues from different strategic levels such as corporate, international, military and economic. Presents 31 case studies, including the success of Japan in microchips to the failure of Xerox to sell its invention of the Alto personal computer 3 years before Apple: from the success in DNA and Superconductor research to the success of Sunbeam in inventing and marketing food processors: and from the daring invention and production of atomic energy for survival to the successes of sewing machine inventor Howe in co‐operating on patents to compete in markets. Includes 306 questions and answers in order to qualify concepts introduced.
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Xu Chen, Xiaojun Wang, Xiaoqiang Zhu and Joseph Amankwah-Amoah
This paper seeks to fill the literature gap that lacks of exploring negotiation strategy with competing partners under asymmetric production-cost information. The purpose of this…
Abstract
Purpose
This paper seeks to fill the literature gap that lacks of exploring negotiation strategy with competing partners under asymmetric production-cost information. The purpose of this paper is to examine firms’ optimal contract negotiation strategies in buyer–supplier–supplier triads where there are concurrent negotiations between the retailer and two competing manufacturers.
Design/methodology/approach
The authors consider a two-echelon supply chain, in which the retailer has the option of segmented or unified negotiation policy, whereas the two competing manufacturers can withhold or share production cost information in the negotiation. Based on game theory, the authors derive the manufacturers’ optimal wholesale prices and the retailer’s optimal retail prices with eight possible scenarios. Optimal strategic choices and operational decisions are then explored through the comparative analysis of equilibriums of eight possible scenarios.
Findings
The authors find that the retailer will adopt different negotiation strategies depending on manufacturers’ decisions on sharing or withholding their production-cost information. When both manufacturers share their production-cost information, the retailer will adopt a unified negotiation policy. The high-efficiency manufacturer should adopt the same information-sharing strategy as the low-efficiency manufacturer in order to gain more profit.
Originality/value
The modelling helps to bring further clarity in supply chain contract negotiation by offering a conceptual framework to enhance our understanding of the effects of information-sharing strategy and negotiation policy in the negotiation process form the perspectives of all engaging parties. Managerial insights derived from the research will enable retailers and manufacturers to make informed and better strategic and operational decisions to improve market competitiveness.
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