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Article
Publication date: 16 July 2024

Javad Feizabadi, Somayeh Alibakhshi and David M. Gligor

This study aims to introduce a multilevel micro-foundational perspective on supply chain (SC) ambidexterity, grounded in organizational learning and adaptation research. It…

Abstract

Purpose

This study aims to introduce a multilevel micro-foundational perspective on supply chain (SC) ambidexterity, grounded in organizational learning and adaptation research. It investigates the interplay of contextual factors, strategic orientation and a bundle of supply chain management practices to foster ambidextrous performance.

Design/methodology/approach

Leveraging a blend of perceptual and objective data and measures, this study explores the intricacies of macro and micro factors at multiple levels, offering empirical support for the research framework. The interrelationships among these factors are scrutinized through three analytical approaches: selection, interaction and system forms of interdependence analysis.

Findings

First, the authors offer empirical support for their conceptual model, illustrating that ambidexterity behavior and outcomes in the SC emanate from intricate interactions between macro and micro factors across various levels. Second, the authors present robust empirical evidence endorsing a system/gestalt form of interdependence analysis in capturing SC ambidexterity and performance. This analytical approach effectively captures the complementarity and contradictory interdependence among the opposing poles of efficiency and responsiveness.

Originality/value

The organizational and SC activity configuration faces numerous paradoxical tensions, such as profitability versus sustainability. This study offers valuable insights into establishing an ambidextrous system capable of navigating and addressing these paradoxical situations.

Details

Supply Chain Management: An International Journal, vol. 29 no. 5
Type: Research Article
ISSN: 1359-8546

Keywords

Article
Publication date: 16 April 2024

Venkataramanaiah Saddikuti, Surya Prakash, Vijaydeep Siddharth, Kanika Jain and Sidhartha Satpathy

The primary objective of this article is to examine current procurement, inventory control and management practices in modern healthcare, with a particular focus on the…

199

Abstract

Purpose

The primary objective of this article is to examine current procurement, inventory control and management practices in modern healthcare, with a particular focus on the procurement and management of surgical supplies in a prominent public, highly specialized healthcare sector.

Design/methodology/approach

This study was conducted in three phases. In Phase 1, the study team interacted with various hospital management stakeholders, including the surgical hospital store, examined the current procurement process and identified challenges. Phase 2 focused on selecting items for a detailed study and collected the qualitative and quantitative details of the store department of the healthcare sector chosen. A detailed study analyzed revenue, output/demand, inventory levels, etc. In Phase 3, a decision-making framework is proposed, and inventory control systems are redesigned and demonstrated for the selected items.

Findings

It was observed that the demand for many surgical items had increased significantly over the years due to an increase in disposable/disposable items, while inventories fluctuated widely. Maximum inventory levels varied between 50 and 75%. Storage and availability were important issues for the hospital. It is assumed the hospital adopts the proposed inventory control system. In this case, the benefits can be a saving of 62% of the maximum inventory, 20% of the average stock in the system and optimal use of storage space, improving the performance and productivity of the hospital.

Research limitations/implications

This study can help the healthcare sector administration to develop better systems for the procurement and delivery of common surgical items and efficient resource allocation. It can help provide adequate training to store staff. This study can help improve management/procurement policies, ordering and delivery systems, better service levels, and inventory control of items in the hospital business context. This study can serve as a pilot study to further investigate the overall hospital operations.

Practical implications

This study can help the healthcare sector administration develop better systems for procuring and delivering common surgical items and efficient resource allocation. It can help provide adequate training to store staff. This study can help improve management/procurement policies, ordering and delivery systems, better service levels and inventory control of items in the hospital business context. This study can serve as a pilot study to further investigate the overall hospital operations.

Originality/value

This study is an early attempt to develop a decision framework and inventory control system from the perspective of healthcare inventory management. The gaps identified in real hospital scenarios are investigated, and theoretically based-inventory management strategies are applied and proposed.

Details

Journal of Advances in Management Research, vol. 21 no. 3
Type: Research Article
ISSN: 0972-7981

Keywords

Article
Publication date: 3 September 2024

Ziwang Xiao, Fengxian Zhu, Lifeng Wang, Rongkun Liu and Fei Yu

As an important load-bearing component of cable-stayed bridge, the cable-stayed cable is an important load-bearing link for the bridge superstructure and the load transferred…

Abstract

Purpose

As an important load-bearing component of cable-stayed bridge, the cable-stayed cable is an important load-bearing link for the bridge superstructure and the load transferred directly to the bridge tower. In order to better manage the risk of the cable system in the construction process, the purpose of this paper is to study a new method of dynamic risk analysis of the cable system of the suspended multi-tower cable-stayed bridge based on the Bayesian network.

Design/methodology/approach

First of all, this paper focuses on the whole process of the construction of the cable system, analyzes the construction characteristics of each process, identifies the safety risk factors in the construction process of the cable system, and determines the causal relationship between the risk factors. Secondly, the prior probability distribution of risk factors is determined by the expert investigation method, and the risk matrix method is used to evaluate the safety risk of cable failure quantitatively. The function expression of risk matrix is established by combining the probability of risk event occurrence and loss level. After that, the topology structure of Bayesian network is established, risk factors and probability parameters are incorporated into the network and then the Bayesian principle is applied to update the posterior probability of risk events according to the new information in the construction process. Finally, the construction reliability evaluation of PAIRA bridge main bridge cable system in Bangladesh is taken as an example to verify the effectiveness and accuracy of the new method.

Findings

The feasibility of using Bayesian network to dynamically assess the safety risk of PAIRA bridge in Bangladesh is verified by the construction reliability evaluation of the main bridge cable system. The research results show that the probability of the accident resulting from the insufficient safety of the cable components of the main bridge of PAIRA bridge is 0.02, which belongs to a very small range. According to the analysis of the risk grade matrix, the risk grade is Ⅱ, which belongs to the acceptable risk range. In addition, according to the reverse reasoning of the Bayesian model, when the serious failure of the cable system is certain to occur, the node with the greatest impact is B3 (cable break) and its probability of occurrence is 82%, that is, cable break is an important reason for the serious failure of the cable system. The factor that has the greatest influence on B3 node is C6 (cable quality), and its probability is 34%, that is, cable quality is not satisfied is the main reason for cable fracture. In the same way, it can be obtained that the D9 (steel wire fracture inside the cable) event of the next level is the biggest incentive of C6 event, its occurrence probability is 32% and E7 (steel strand strength is not up to standard) event is the biggest incentive of D9 event, its occurrence probability is 13%. At the same time, the sensitivity analysis also confirmed that B3, C6, D9 and E7 risk factors were the main causes of risk occurrence.

Originality/value

This paper proposes a Bayesian network-based construction reliability assessment method for cable-stayed bridge cable system. The core purpose of this method is to achieve comprehensive and accurate management and control of the risks in the construction process of the cable system, so as to improve the service life of the cable while strengthening the overall reliability of the structure. Compared with the existing evaluation methods, the proposed method has higher reliability and accuracy. This method can effectively assess the risk of the cable system in the construction process, and is innovative in the field of risk assessment of the cable system of cable-stayed bridge construction, enriching the scientific research achievements in this field, and providing strong support for the construction risk control of the cable system of cable-stayed bridge.

Details

International Journal of Structural Integrity, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1757-9864

Keywords

Open Access
Article
Publication date: 21 May 2024

Imoh Antai and Roland Hellberg

Management and risk techniques within industries have been studied from various disciplines in nondefense-affiliated industries. Given the assumption that these techniques…

Abstract

Purpose

Management and risk techniques within industries have been studied from various disciplines in nondefense-affiliated industries. Given the assumption that these techniques, strategies and mitigations used in one industry apply to other similar industries, this paper examines the defense industry for risk assessment. We characterize interactions for onward application to risk identification in the defense industry.

Design/methodology/approach

This research employs a systems theory approach to the characterization of industry interactions, using three dimensions including environment, boundaries and relationships. It develops a framework for identifying relationship types within system-of-systems (SoS) environments by analyzing the features of interactions that occur in such environments.

Findings

The study’s findings show that different systems environments within the defense industry SoS exhibit different interaction characteristics and hence display different relationship patterns, which can indicate potential vulnerabilities.

Research limitations/implications

By employing interaction as a means for evaluating potential risks, this research emphasizes the role played by relationship factors in reducing perceived risks and simultaneously increasing trust.

Originality/value

This paper intends to develop an initial snapshot of the relationship status of the Swedish defense industry in light of the global consolidation in this industry, which is a relevant contextual contribution.

Details

Journal of Defense Analytics and Logistics, vol. 8 no. 1
Type: Research Article
ISSN: 2399-6439

Keywords

Article
Publication date: 18 September 2024

David Díaz Jiménez, José Luis López Ruiz, Jesús González Lama and Ángeles Verdejo Espinosa

The main objective of the study is to address the lack of sustainability assessments of smart connected health systems in the academic literature by presenting an assessment model…

Abstract

Purpose

The main objective of the study is to address the lack of sustainability assessments of smart connected health systems in the academic literature by presenting an assessment model to determine the alignment of these systems with the 17 Sustainable Development Goals (SDGs) proposed in the 2030 Agenda.

Design/methodology/approach

An evaluation model based on decision analysis is proposed that includes three phases: alignment framework, information gathering and assessment. This model measures the alignment of the connected health system with each of the 17 SDGs, identifying the goals and criteria associated with each SDG that the system achieves to satisfy.

Findings

The analysis reveals that the system has achieved more than 24% of the targets among the 17 SDGs. In addition, it identifies four sustainability challenges that the system potentially addresses in relation to the SDGs, providing valuable guidance for researchers and practitioners interested in sustainable health technology development.

Practical implications

The study's results have significant implications for policymakers and stakeholders in the health and technology sectors.

Originality/value

The originality of this study lies in its comprehensive approach to assessing the sustainability of connected health systems in the context of the SDGs, filling an important gap in the existing literature.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 17 July 2024

Shanti Parkash and P.C. Tewari

This work ensures the higher performability of this complex system, which consists of five different subsystems, i.e. shearing machine, V-cutting machine, center hole punch, edge…

Abstract

Purpose

This work ensures the higher performability of this complex system, which consists of five different subsystems, i.e. shearing machine, V-cutting machine, center hole punch, edge cutting burr and drilling machine. These subsystems are placed in combinations of both series and parallel arrangement. The concerned plant management must be aware of the failures that have the greatest/least impact on the system’s performance.

Design/methodology/approach

Performability analysis has been done for the Shearing, Punch and V- Cutting (SPVC) line system by using a probabilistic approach (i.e. Markov method). This system was further divided into five subsystems, and single-order differential equations are derived using the transition diagram. MATLAB software was used to determine the performability of the system for various combinations of repair and failure rates.

Findings

In this research work, performability analysis was done using different combinations of repair and failure rates for these subsystems. Further, a decision matrix (DM) has been developed that indicates that edge cutting burr is the most critical subsystem, which requires the top level of maintenance priorities among the various subsystems. This matrix will facilitate policymaking related to various maintenance activities for the respective system.

Originality/value

In this research work, a mathematical modeling based on a single differential equation using a transition diagram has been developed for the SPVC line system. The novelty of this work is to consider interaction among different subsystem, which generates more realistic situation during modeling. The purposed DM helps make future maintenance planning, which reduces maintenance costs and enhances system's performability.

Details

Journal of Quality in Maintenance Engineering, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1355-2511

Keywords

Open Access
Article
Publication date: 30 July 2024

Lin Li, Jiushan Wang and Shilu Xiao

The aim of this work is to research and design an expert diagnosis system for rail vehicle driven by data mechanism models.

Abstract

Purpose

The aim of this work is to research and design an expert diagnosis system for rail vehicle driven by data mechanism models.

Design/methodology/approach

The expert diagnosis system utilizes statistical and deep learning methods to model the real-time status and historical data features of rail vehicle. Based on data mechanism models, it predicts the lifespan of key components, evaluates the health status of the vehicle and achieves intelligent monitoring and diagnosis of rail vehicle.

Findings

The actual operation effect of this system shows that it has improved the intelligent level of the rail vehicle monitoring system, which helps operators to monitor the operation of vehicle online, predict potential risks and faults of vehicle and ensure the smooth and safe operation of vehicle.

Originality/value

This system improves the efficiency of rail vehicle operation, scheduling and maintenance through intelligent monitoring and diagnosis of rail vehicle.

Article
Publication date: 30 April 2024

Mohammed Sawkat Hossain and Maleka Sultana

As of now, the digitization of corporate finance presents a paradigm shift in business strategy, innovation, financing and managerial capability around the globe. However, the…

Abstract

Purpose

As of now, the digitization of corporate finance presents a paradigm shift in business strategy, innovation, financing and managerial capability around the globe. However, the prevailing finance scholarly works hardly document the impact of the digitalization of corporate finance on firm performance with global evidence and analysis. Hence, the contemporary debate on whether firm performance is genuinely stimulated because of the digitalization of corporate finance or not has been a pressing issue in the relevant literature. Therefore, the purpose of this study is to identify a data-driven, concise response to an unaddressed finance issue if the performance of high-digitalized firms (HDFs) outperforms that of their counterpart peers for wealth maximization.

Design/methodology/approach

The first stage test models examine the firm performance of relatively high-digitalized firms as opposed to low-digitalized firms based on the system GMM. The second stage test of the probabilistic (logit) model infers that the probability of being HDFs explores because of better performance. Then, the authors execute robust checks based on the different quantile regressions and Z-score-based system GMM. In addition, the authors recheck and present the test results of the fixed effect and random effect to capture time-invariant individual heterogeneity. Finally, the supplementary test findings of firms’ credit strength by using Altman five- and four-factor Z-score models are presented.

Findings

By using cross-country panel analysis as 15 years’ test bed for HDFs and low digitalized firms (LDFs), the test results indicate that the overall firm performance of a digitalized firm is significantly better than that of a non-digitalized firm. The global evidence documents that HDFs are exposed to higher values and are financially more persistent as compared to their counterparts. The finding is remarkably concomitant across several possible subsample analysis, such as country–industry–size–period analysis.

Practical implications

This study can be remarkably effective in encouraging managers, policymakers and investors to acknowledge the need for adopting the required digitalization. Overall, this original study addresses a core research gap in the corporate finance literature and remarkably provides further direction to rethink the assumptions of firm digitalization on additive value and thereby identify optimal decisions for wealth maximization. The findings also imply that investors require an additional risk premium if they invest in relatively LDFs, which have relatively lower market value and weaker firm performance.

Originality/value

From an investors point of view, the academic novelty contributes to an innovative and unsettled issue on the impact of digitization of corporate finance on firm performance because there is a new question of high or low digitization of corporate finance in the global market. Hence, this academic novelty contributes to sharing global evidence of the digitalization of corporate finance and its effect on firm performances. In addition, an intensive critical review analysis is conducted based on the most recent and relevant scholarly works published in the top-tier journals of finance and business stream to fix the hypothesis. Overall, this study addresses a core research gap in the corporate finance literature; notably provides further direction to rethink firm digitalization; and thereby identifies optimal decisions for shareholders’ wealth maximization.

Details

Journal of Financial Economic Policy, vol. 16 no. 4
Type: Research Article
ISSN: 1757-6385

Keywords

Article
Publication date: 14 August 2024

Madhur Srivastava and Karuna Jain

The study assesses the most significant architectural core technological system that converges into a Battery Electric Vehicle (BEV).

Abstract

Purpose

The study assesses the most significant architectural core technological system that converges into a Battery Electric Vehicle (BEV).

Design/methodology/approach

Conceptually grounded in the convergence phenomenon and utilizing the graph theory-based network construction approach, based on the Betweenness Centrality (BC) metric, core International Patent Classifications (IPCs) have been empirically identified. Based on these IPCs, the ownership structure of the patents was established through assignee analysis.

Findings

Analyzing the networks obtained at different IPC levels, we found that multiple technologies have converged in a BEV, from battery chemistry to electrical engineering and thermal management of electrical machines.

Research limitations/implications

The outcome of this work has led to the identification of BEV technologies, which can be further developed to assess the trends of technologies and associated gaps and aid technology management for the selection, acquisition, and exploitation of technology.

Practical implications

The outcome of this work will aid technology management practitioners in better planning the selection, acquisition, and exploitation of technologies associated with BEV.

Originality/value

The paper adds an evidence-based approach to the body of knowledge to identify the built-in technologies that produce a BEV.

Details

Journal of Manufacturing Technology Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1741-038X

Keywords

Open Access
Article
Publication date: 4 August 2020

Mohamed Boudchiche and Azzeddine Mazroui

We have developed in this paper a morphological disambiguation hybrid system for the Arabic language that identifies the stem, lemma and root of a given sentence words. Following…

Abstract

We have developed in this paper a morphological disambiguation hybrid system for the Arabic language that identifies the stem, lemma and root of a given sentence words. Following an out-of-context analysis performed by the morphological analyser Alkhalil Morpho Sys, the system first identifies all the potential tags of each word of the sentence. Then, a disambiguation phase is carried out to choose for each word the right solution among those obtained during the first phase. This problem has been solved by equating the disambiguation issue with a surface optimization problem of spline functions. Tests have shown the interest of this approach and the superiority of its performances compared to those of the state of the art.

Details

Applied Computing and Informatics, vol. 20 no. 3/4
Type: Research Article
ISSN: 2634-1964

Keywords

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