Journal: IEEE Transactions on Engineering Management

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Abbreviation

IEEE trans. eng. manage.

Publisher

IEEE

Journal Volumes

ISSN

0018-9391
1558-0040

Description

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Publications1 - 10 of 13
  • Ho, Wan Ri; Tsolakis, Naoum; Dawes, Tom; et al. (2023)
    IEEE Transactions on Engineering Management
    Digitalization has provoked rapid changes in the operational landscape, thus requiring prompt decision-making across end-to-end supply chains. Notwithstanding the fact that technology is the epicenter of digital transformation, more often than not, organizations fail to effectively adopt innovative applications, harness their full potential, and realize growth and competitiveness. Therefore, this article argues that a unique strategy formulation process is required to embrace digitalization in manufacturing supply chains. However, within the context of manufacturing networks, strategy formulation approaches are limited. To this end, this article adopts a case study approach to extract tacit knowledge across 12 multinational companies within the theoretical boundaries of corporate strategy development. Research findings and a theoretically derived framework demonstrate that there are three typologies of digital strategy development for manufacturing supply chains, namely: 1) top-down; 2) bottom-up; and 3) mixed. Every identified typology is supplemented with three determinant criteria for digital supply chain strategy formulation, i.e., number of suppliers, market demand, and product types. Noteworthy, the aforementioned strategies are context-dependent. This article contributes to the operations management field by formulating a novel strategy development framework for digital supply chains. The proposed framework, synthesized via strategic management theoretical views and primary evidence, can provide a reference point as companies chart their current and future digital supply chain strategy state.
  • Hacklin, Fredrik; Wallin, Martin M.; Björkdahl, Joakim; et al. (2023)
    IEEE Transactions on Engineering Management
    While mastering technology and industry convergence are essential for firms across a growing number of industries, convergence is often rapid and abrupt, challenging firms to develop appropriate strategic responses. Focusing on the historical convergence between information technology and communication technology, we examine the microlevel behaviors of scientists initiating and driving convergence. Analyzing a bibliometric dataset of 257 641 scientific articles, we demonstrate how industry convergence manifests in a microlevel scientific convergence, preceding industry convergence by several decades. Our article contributes to the literature on convergence by developing new bibliometric measures for scientific convergence, and by contrasting microlevel behaviors that underpin convergence. Based on our findings, we offer a set of methods and strategies to assist managers in technology-based businesses with anticipating and responding to convergence in a timely manner.
  • Tan, Chuan Hoo; Sutanto, Juliana; Phang, Chee Wei (2012)
    IEEE Transactions on Engineering Management
  • Woerner, Stefan; Wagner, Stephan M.; Chu, Yueshan; et al. (2024)
    IEEE Transactions on Engineering Management
    We study the coordination of two-echelon supply chains via service level-dependent bonus and penalty contracts and assume that the manufacturer maximizes its profit while enabling the supplier to achieve its performance target. Profit and return on investment (ROI) are considered as the supplier's performance measures. We compute optimal contract parameters and perform a numerical study. In addition, we perform a simulation-based study to analyze the profit risk of the considered parties. For supplier profit targets, bonus and penalty contracts lead to the same profit for both parties, but bonus contracts lead to lower costs, hence, a higher ROI. For supplier ROI targets, bonus contracts always lead to higher manufacturer profit, and no optimal penalty contracts exist. For every contract service level, optimal bonus contracts exist that maximize profit and ROI of the manufacturer simultaneously. Thus, we analyze the profit risk for the manufacturer and the supplier and show that it can be significantly reduced by setting an appropriate contract service level. The manufacturer usually should prefer bonus contracts. They allow to optimize profit and ROI simultaneously and even offer an additional degree of freedom to reduce the profit risk.
  • Schumacher, Roman; Klöckner, Maximilian; Wagner, Stephan M.; et al. (2025)
    IEEE Transactions on Engineering Management
    This study investigates the relationship between supply chain complexity, operational efficiency, and product safety risk. We consider three different dimensions of supply chain complexity-horizontal, technological, and spatial complexity-and examine their effect on product safety risk, proxied by severe product recalls. We also examine the effect of operational efficiency in this context. Our analysis is based on regression modeling, using financial, supply chain, and recall data from the medical device industry. Our findings indicate that all three dimensions of supply chain complexity increase product safety risk and that operational efficiency reduces product safety risk. We also provide evidence that operational efficiency serves as a critical moderator for the relationship between supply chain complexity and product safety risk. Given the increasing frequency of high-profile recalls caused by product failures in upstream supply chains, our study makes a timely contribution to the operations management literature.
  • Phang, Chee W.; Tan, Chuan-Hoo; Sutanto, Juliana; et al. (2014)
    IEEE Transactions on Engineering Management
  • Indirect and Direct Supplier Development
    Item type: Journal Article
    Wagner, Stephan M. (2010)
    IEEE Transactions on Engineering Management
  • Wagner, Stephan M. (2013)
    IEEE Transactions on Engineering Management
  • Wagner, Stephan M.; Silveira-Camargos, Victor (2012)
    IEEE Transactions on Engineering Management
    Todays automakers are under an enormous price and cost pressure arising from both increasing competition and complexity of operations. One way to deal with this challenge is to outsource value creation to the supply network (SN), which then assumes the responsibility for producing variant-specific modules and delivering them just-in-sequence (JIS). This results in tightly coupled buyer-supplier relationships that operate with short reaction times and are characterized by high time dependency and minimal buffers. It increases the risk exposure of buyers to disturbances in their SNs and failures propagate quickly, causing production disruptions. Based on data collected at 14 car-manufacturing plants located in Germany, this research provides an overview and exploratory evidence of current JIS market practice and proposes ways of actively managing the risks inherent in JIS SNs. © 2006 IEEE.
  • Xu, Yong; Yuan, Ling; Lee, Hyoungsuk; et al. (2024)
    IEEE Transactions on Engineering Management
    As a new combination of finance and technology, fintech not only makes people's daily life more convenient but also brings new opportunities for firm growth. Yet, although multiple parties in society have benefited tremendously from the development of fintech, its actual impact on FTIE remains unclear. For this purpose, we adopted a two-way fixed-effect model and considered the data of A-share-listed companies from 2011 to 2019 to analyze the impact of fintech development on FTIE in China and its associated mechanism. We found that fintech development negatively affected FTIE by increasing business risks and debt pressures through risk transmission and regulatory arbitrage, respectively. This finding remains robust after using instrumental variable tests and adopting Poisson and Tobin regression models. Furthermore, such negative impacts are higher for firms in the eastern region, nonmanufacturing firms, and state-owned enterprises. Our findings contribute significantly to the literature on technological innovation and financial regulation by shedding light on the negative impacts of the dominating fintech development on FTIE.
Publications1 - 10 of 13