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Empirical Study on Psychological Capital of Employees in Supply Chain Enterprises at Shenzhen in China
Get PDFThis study focuses on the relationship between psychological capital structure, psychological capital and related factors of Shenzhen Supply Chain enterprises employees. Shenzhen Supply Chain enterprises stand in the front line of China's developed regions, which is the vane of the local economy. The acquisition and maintenance of their competitive advantages is a subject that corporate managers, academic researchers who care about corporate management and even government departments should be faced. People have to pay attention to the positive and developmental psychological elements that employees exhibit in the working environment, growth and development process. This psychological factor has input-output characteristics, which is conducive to the improvement of individual work performance and meets the Psychological Resources criteria for active organizational behavior. Thereby helping companies gain new competitive advantages. On the basis of literature research, this study collected 1768 psychological capital initial response items from 392 technicians in Shenzhen Province through personal interviews, group interviews and questionnaires. Concluded 35 initial psychological capitals from behavioral events. In terms of Entries, 92 initial capital entries were obtained through content analysis. A psychological capital pre-test questionnaire was compiled, and 254 valid responses for Shenzhen Supply Chain employees were collected. On this basis, researchers used strict item screening procedures and project analysis methods, EFA, CFA and other quantitative means, innovatively obtained the high-level structure of five-dimensional psychological capital which is Hope, Optimism, Resilience, Authenticity and Forgiveness of the employees in Shenzhen Supply Chain enterprises. After using correlation analysis, regression analysis, exploratory factor analysis, confirmatory factor analysis and other statistical methods, and using triangulating Excel, SPSS, AMOS and other statistical tools, researchers focus on the analysis and verification of the research models and related hypotheses proposed in this study. Innovatively analyzed the multiple mediating role of psychological capital in organizational support and emotional commitment, work input, and job performance, and provides important research conclusions for academic circles and management practices. Finally, the paper summarizes the conclusions of this study, and explains the limitations and shortcomings in the research, as well as the prospects of subsequent research
Current European Union Economy Development Through the Supply Chain Strategy Challenges of Ukraine
Get PDFThe study analyzes the national standardization and supply chain strategy system, namely, the changes that occur in connection with the economic part of the Ukraine-European Union Agreement, harmonization of the relevant regulatory framework of Ukraine with the European Union standards. It was revealed that the main obstacles to the free movement of goods and services are technical barriers rather than trade impediments. In order to coordinate EU technical regulations and the system of technical regulations in Ukraine (in the process of implementing the economic policy of European integration), the evolution of the formation of these systems was traced. The analysis of the international economic integration showed that it is most effectively and deeply implemented provided that a relatively small number of countries that have close and established trade and economic relations, as well as almost the same level of development, are united. In addition, the research described the integrity of the technical regulation system in the EU countries and its fundamental difference in terms of its perception and actual functioning in Ukraine. It has been noted that the reform of the legislation, principles, and infrastructure of the technical regulation system, standardization and supply chain strategy is aimed at improving the safety, quality and competitiveness of Ukrainian products; protecting the life and health of citizens; simplifying business climate; balancing current distortions and imbalances; introducing innovations through the application of international standards and the removal of technical barriers. However, the analysis of the basic laws of Ukraine on foreign economic activity revealed a number of problems associated with the formation of the economic policy of European integration, in particular the lack of a shared vision of the country's economic development and the formation of the concept, values, principles, and economic policy of European integration
Supply Chain in Insurance of High-Tech Companies: Formation Characteristics
Get PDFAbstract— This article was aimed at forming an idea of companies’ portfolios applying high technologies in the process of modern supply chain insurance business digitalization. For this aim, the analysis of Russian and Azerbaijan insurance markets and the dynamics of their gradual implementation of online technologies was carried out. To compile an objective picture of the current market situation, two insurance firms, namely, AlfaStrakhovanie and Mango Insurance Company, were selected for the research. As part of the analysis, the study examined the supply chain insurance structure of the AlfaStrakhovanie Company. Within the present research, the features of its regulation and diversification were highlighted. Moreover, the study outlined the work specifics of new insurance companies and InsurTech startups in domestic realities. Despite higher possibilities of supply chain disruptions, enterprises in APAC exhibit lesser investment in the supply chain industry because of their lack of knowledge on the same and their reluctance to pay high premiums. The obtained results were based on the Markowitz portfolio optimization model and allowed creating the optimal supply chain structure of the insurance company’s portfolio, taking into account the risks associated with the use of modern technologies
The Adoption of Blockchain In Supply Chain: Is Supply Chain Ready?
Get PDFRecently, blockchain technology is getting its recognition in the supply chain. After the existence of bitcoin, which blockchain acts as its underlying technology, people started to recognise the advantages of the blockchain. Blockchain has been expected to eliminate unnecessary cost and at the same time, help in improving productivity by increasing the efficiency and effectiveness in daily operation. In the era of Industrial 4.0, the collaboration of blockchain technology with other autonomous technology is necessary to achieve customer satisfaction. However, based on the current practices, blockchain is yet to be adopted by all the parties in the supply chain. Therefore, this paper aims to identify the factors which are affecting the adoption of blockchain technology in the supply chain. Factors identified are perceived benefits, top management support and supply chain partner readiness. The primary data has been collected through a structured questionnaire survey. The simple random sampling method has been used to target and collect data from suitable respondents. In conclusion, the outcome of this study is expected to identify the factors affecting the adoption of the blockchain as well as to guide the organisation to act according to increase the level of adoption
Labour Standards in the Global Supply Chain; Village Fund and Labour Working Hours in Indonesia
Get PDFAbstract- In the recent years, fashion brands and retailers in the West have introduced supplier’s codes of conduct to strengthen international labour standards in their supply chain. Village funds have been allocated since 2015, and increase overtime. In 2015, the allocation of village funds amounting to Rp.28.8 trillion increased to reach Rp60 trillion in 2018. Village funds were used to finance government administration, implementation of development, community development, and community empowerment. This research uses the difference-in-difference (DID) which is adapted to continuous treatment method to analyze the impact of village funds on the work of rural communities. The analysis uses "repeated" cross section data from SUSENAS 2012-2017. We found that an increase in village fund per capita was more likely to raise the labor hours in agriculture and service industries, primarily on non-Java islands. The recommendation of this study is the need for regulation to standardize the proportion of village funds allocation based on the demographic (or number of poor people) and geographical (land area) conditions of the regions. Moreover, increasing the effectiveness of organizational management can be implemented by increasing the capacity of village officials
Application of Six Sigma in Quality Control Process at Indonesian Cement Company
Get PDFAn Indonesian Cement Company is facing the number of product’s defects in the packing process more than 200.000 bags or sacs annually. It is estimated to cause losses more than one billion rupiahs per year. Therefore, the Six Sigma method was proposed to solve this problem. This study was constitute a descriptive research; whereas based on its strategy, this study was constitute a case study; In addition based on time horizon, this study was constitute a longitudinal study. In the research used DMAIC processes, namely encompasses Define, Measure, Analyze, Improve and Control. The research’s results found that the existing process quality of cement packing in the company is out of control. So that the improvement process is needed by eliminating the causes of its. The main cause that must be a priority in its improvement is the machine (belt-conveyor) condition in the cement packing process. The main solution to prevent the occurrence of the main cause namely by checking the machine (belt-conveyor) before and after shift exchange by using a checksheet periodically. By implementing the Six Sigma method, it is hoped that the cement company can reduce or eliminate the existing waste estimated amount of one billion rupiah annuall
Sustainable Supply Chain Design in Social at the Macro-Regional Level
Get PDFAbstract- This work is devoted to the study sustainable supply chain in social enterprises activity at the level of the macro-region. To ensure a comprehensive view, a comparative analysis of foreign and domestic research experience in this area was conducted. Special attention was paid to the practice of assessing the level of business development in the Nordic countries. To select indicators for assessing the level of social entrepreneurship in the region, two groups of criteria were formed: requirements for content parameters describing the state and factors of social entrepreneurship, as well as criteria for instrumental parameters that are designed to provide opportunities for quantitative analysis
Green Compensation Package of HRM Framework and Its Impact on the Supply Chain Management in Bangladeshi Manufacturing Companies’
Get PDFThis paper aims to analyze Green Compensation Package (GCP) in the HRM framework of Bangladeshi manufacturing companies applying multiple case studies to view if it is mapped with ERS(employee rights) like Universal Declaration of Human Rights(UDHR), International Labour Organization(ILO) and Bangladesh Labour Act (BDL) or not. Here, GCP is observed as an ongoing demand and need of the Employees in any organization. Since, GCP is a primary component of HRM framework, it needs to observed, analyzed and modified when needed based on demand and supply of the skilled employees at necessary units. Green and more humanitarian GCP is suggested in this paper
Predictors of Firm Performance and Supply Chain: Evidence from Indonesian Pharmaceuticals Industry
Get PDFAbstract- The recent trend in big data application has led the organizations to think about its application. Having in mind the importance of supply chain integration and learning the current study has attempted to explore the drivers of firm performance from the supply chain perspective. Data were collected from the employees working in the pharmaceuticals companies in Indonesia. Smart-PLS was used for data analysis. The results of the study showed that there is strong significant positive relationship between big data analytical capability and firm performance. Further the results also revealed a significant influence of supply chain integration and learning on the firm performance. The results also revealed supply chain agility as a significant positive mediator between the relationships of supply chain integration, big data analytical capability, learning and firm performance. All the hypothesis were accepted
Company’s Supply Chain Strategy in Internal Factors to Predict Capital Structure and Profitability on Manufacturing Sector
Get PDFAbstract- Supply chain is crucial in the current highly competitive and fast-changing business environment, in which the optimisation of all resources matters, creating an ef?cient. Capital structure based on the supply chain strategy is one of the important decisions for financial managers who are able to describe the overall cost of capital and have an impact on increasing the profitability of the company. The aim of this research was (1) to analyze the influence of internal factors including company size and tangibility on capital structure and profitability and (2) to analyze the influence of internal advertising factors on profitability. This study’s samples were 117 manufacturing companies in Indonesia Stock Exchange for period 2010-2016. The data were analyzed by using path analysis with SmartPLS 3.0. The results of the research stated that firm size had a significant effect on capital structure and profitability, tangibility did not have a significant effect on capital structure but had a significant effect on profitability. Meanwhile, advertising did not have a significant effect on profitability. Furthermore, there is a positive influence between capital structure and profitability. This result is in accordance with signalling theory which states that the addition of corporate debt supported by the achievement of high corporate profits will be a positive signal for investors