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Promoting Corporate Sustainable Development via Supply Chain Finance—An Empirical Study Against the Background of Digital Transition 供应链金融促进企业可持续发展——数字化转型背景下的实证研究
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-05-04 DOI: 10.1111/jbl.70020
Xianyou Pan, Sachin Kumar Mangla, Soumyadeb Chowdhury, Zhongju Liao, Malin Song

In the era of the rapidly expanding digital economy, supply chain finance (SCF) has emerged as a pivotal force in fortifying supply chain relationships and optimizing resource allocation. More importantly, it serves as a catalyst for corporate sustainable development (SD). However, a pressing question remains unanswered: Can corporates effectively align the resources, capabilities, and competitive advantages of SCF with SD, especially when bolstered by digital transition (DT)? Drawing on information asymmetry and synergy theory, this study reveals the intricate mechanisms through which SCF influences corporate SD and highlights the financial and supply chain effects, as well as the moderating role of DT. Leveraging the generalized method of moments, we conduct a rigorous empirical analysis using data from A-share listed companies spanning 2010–2021. Our findings robustly affirm that SCF significantly propels corporate SD, and this conclusion is reinforced by extensive robustness checks and endogeneity analyses. Delving deeper, we establish that SCF not only alleviates financing constraints but also enhances relationship embedding, thereby driving SD. Notably, these pathways exhibit marked variations across different types of enterprises. Intriguingly, our research further reveals that advancements in corporate DT amplify the positive impact of SCF on SD, while also augmenting the financial and supply chain effects of SCF. These insights not only offer a novel lens for evaluating the economic ramifications of SCF but also provide compelling empirical evidence that SCF, when synergized with DT, becomes a powerful enabler of corporate SD. Our findings are of considerable significance for sustainable business practices in the digital age.

在快速发展的数字经济时代,供应链金融已成为强化供应链关系、优化资源配置的关键力量。更重要的是,它是企业可持续发展(SD)的催化剂。然而,一个迫切的问题仍然没有得到解决:企业能否有效地将SCF的资源、能力和竞争优势与SD结合起来,特别是在数字化转型(DT)的支持下?利用信息不对称和协同理论,本研究揭示了供应链融资影响企业可持续发展的复杂机制,并强调了财务效应和供应链效应,以及DT的调节作用。利用广义矩量法,我们对a股上市公司2010-2021年的数据进行了严格的实证分析。我们的研究结果有力地证实了SCF显著地推动了企业的可持续发展,这一结论得到了广泛的稳健性检查和内生性分析的加强。深入研究后,我们发现SCF不仅可以缓解融资约束,还可以增强关系嵌入,从而推动可持续发展。值得注意的是,这些途径在不同类型的企业中表现出明显的差异。有趣的是,我们的研究进一步表明,企业创新的进步放大了供应链管理对可持续发展的积极影响,同时也增强了供应链管理的金融和供应链效应。这些见解不仅为评估供应链金融的经济影响提供了一个新的视角,而且提供了令人信服的经验证据,表明当供应链金融与DT协同作用时,将成为企业可持续发展的有力推动者。我们的研究结果对数字时代的可持续商业实践具有相当重要的意义。
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引用次数: 0
The Impact of Shortages on Manufacturers' New Order Dynamics 短缺对制造商新订单动态的影响
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-05-02 DOI: 10.1111/jbl.70013
Jason Shin, Jason W. Miller, Judy Whipple

Industry practitioners and policymakers have a strong interest in understanding the dynamics associated with manufacturing firms' new orders. In the United States, many organizations, including the Institute for Supply Management (ISM), multiple branches of the Federal Reserve Banking System, and the Census Bureau publish data on new orders to inform practitioners and policymakers. This research explores how the occurrence of supply shocks moderates the impact that manufacturing firms' new orders have on manufacturing production, recruitment of workers, and suppliers' lead times. We extend the theory regarding firms' responses to supply shocks to explain why increases in new orders will have a less pronounced effect on production and employment, but a greater impact on supplier lead times during periods of pronounced shortage. To test our theory, we assemble a unique archival dataset that melds the Report on Business—Manufacturing (PMI) data from the ISM with the Census Bureau's Quarterly Survey of Plant Capacity Utilization to obtain measures of shortages. We test our hypotheses using time series techniques. We find results consistent with our predictions, which have important implications for theory, practice, and public policy.

行业从业者和政策制定者对了解与制造企业新订单相关的动态有着浓厚的兴趣。在美国,包括供应管理协会(ISM)、联邦储备银行系统的多个分支机构和人口普查局在内的许多组织都会发布有关新订单的数据,以告知从业者和决策者。本研究探讨供应冲击的发生如何缓和制造企业新订单对制造生产、工人招聘和供应商交货时间的影响。我们扩展了关于企业对供应冲击的反应的理论,以解释为什么新订单的增加对生产和就业的影响不那么明显,但在明显短缺期间对供应商交货时间的影响更大。为了验证我们的理论,我们收集了一个独特的档案数据集,该数据集将ISM的商业制造报告(PMI)数据与人口普查局的工厂产能利用率季度调查数据融合在一起,以获得短缺的衡量标准。我们用时间序列技术来检验我们的假设。我们发现结果与我们的预测一致,这对理论、实践和公共政策具有重要意义。
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引用次数: 0
Unveiling the Structure of Reverse Supply Networks: An Empirical Exploration 逆向供给网络结构的揭示:一个实证探索
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-05-02 DOI: 10.1111/jbl.70014
Zachary S. Rogers, Marat Davletshin, Dale S. Rogers, Haozhe Chen, Rohan Y. Korde, Curtis Greve

As the levels of inventory in supply chains worldwide continue to rise, with over $800 billion of returned and excess inventory (equivalent to 3% of the U.S. GDP) passing through secondary market channels each year, efficient reverse supply networks have become increasingly important. In this study, we use a multi-method approach to analyze a longitudinal dataset from a large U.S. reverse logistics platform for the purpose of mapping the reverse supply network and exploring its evolution over time. Taking a network perspective and drawing upon the complex adaptive system theory, our study contributes to the literature by providing the first large-scale, long-term mapping of a reverse supply network. This analysis reveals how reverse supply networks evolve, how macroeconomic factors impact their dynamically changing structures, and how these networks differ from forward supply networks. Our findings also provide important implications for managers, shedding light on the importance of secondary markets and reverse supply networks in firms' overall supply chain strategies.

随着全球供应链库存水平的持续上升,每年有超过8000亿美元的退货和过剩库存(相当于美国GDP的3%)通过二级市场渠道,高效的逆向供应网络变得越来越重要。在本研究中,我们使用多方法方法分析来自美国大型逆向物流平台的纵向数据集,以绘制逆向供应网络并探索其随时间的演变。采用网络视角并借鉴复杂适应系统理论,我们的研究通过提供第一个大规模、长期的反向供应网络映射,为文献做出了贡献。这一分析揭示了逆向供应网络是如何演变的,宏观经济因素如何影响其动态变化的结构,以及这些网络与正向供应网络的区别。我们的研究结果也为管理者提供了重要的启示,揭示了二级市场和逆向供应网络在公司整体供应链战略中的重要性。
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引用次数: 0
The Interplay Between Supply Chain Transparency and Visibility: Implications for Firm Performance in Manufacturing and Service Sectors 供应链透明度和可见性之间的相互作用:对制造业和服务业企业绩效的影响
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-05-02 DOI: 10.1111/jbl.70016
Lixu Li, Yaoqi Liu, Yong Jin, T. C. Edwin Cheng, Xingchen Zhu

Despite existing studies emphasizing the significance of supply chain transparency (SCT) and supply chain visibility (SCV) in supply chain management (SCM), their potential interplay remains unclear. To address this gap, we develop a framework grounded in dynamic capabilities theory and examine the interactions between two types of SCT (cost and relationship transparency) and three types of SCV (demand, supply, and market visibility), along with their effects on firm performance. We conduct surveys with 297 manufacturing firms and 112 service firms in China, validating our propositions through fuzzy-set qualitative comparative analysis. Our findings indicate that high firm performance relies on both SCT and SCV, rather than on either aspect alone. Furthermore, demand visibility emerges as the most critical SCV. Finally, relationship and cost transparency play unique roles in manufacturing and service firms. By elucidating the intricate interactions between SCT and SCV, our study contributes to extant SCM literature and offers actionable insights for managers, advocating for a holistic approach that leverages both SCT and SCV to enhance performance.

尽管现有的研究强调供应链透明度(SCT)和供应链可见性(SCV)在供应链管理(SCM)中的重要性,但它们的潜在相互作用仍不清楚。为了解决这一差距,我们开发了一个基于动态能力理论的框架,并研究了两种类型的SCT(成本和关系透明度)和三种类型的SCV(需求、供应和市场可见性)之间的相互作用,以及它们对企业绩效的影响。我们对中国297家制造企业和112家服务企业进行了调查,通过模糊集定性比较分析验证了我们的观点。我们的研究结果表明,高企业绩效既依赖于SCT,也依赖于SCV,而不是单独依赖于任何一个方面。此外,需求可见性成为最关键的SCV。最后,关系和成本透明度在制造业和服务业中发挥着独特的作用。通过阐明SCT和SCV之间错综复杂的相互作用,我们的研究为现有的SCM文献做出了贡献,并为管理者提供了可操作的见解,倡导利用SCT和SCV来提高绩效的整体方法。
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引用次数: 0
Improving Driver Engagement in Delivery and Rideshare Services 提高司机在送货和拼车服务中的参与度
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-04-06 DOI: 10.1111/jbl.70011
Lance W. Saunders, Vincent E. Castillo, William J. Rose, Anne E. Dohmen, John E. Bell

Due to driver autonomy, delivery and rideshare platforms in the sharing economy (SE) face uncertainty in service capacity planning. This study investigates how the alignment between the technical and social subsystems within the overall socio-technical system of SE platforms influences driver engagement. Drawing on socio-technical systems theory, we conceptualize SE platforms as systems defined by the organizational design constructs of centralization, formalization, and complexity. Using a discrete choice experiment with 100 experienced SE drivers, we examine how platform design attributes affect drivers' utility and engagement probability. Our findings reveal that drivers value flexibility, preferring platforms that offer direct task allocation and single-task acceptance features. Contrary to expectations, drivers generally favor base pay–oriented remuneration over promotion-oriented structures. Individual driver characteristics such as SE income dependency and multi-apping tendencies significantly influence platform preferences. The findings contribute to logistics research by empirically establishing the relationship between platform structure and driver utility and by extending the application of organizational design theory to digital labor platforms. Our results provide insights into how firms can reduce capacity uncertainty by engaging SE drivers within their networks, highlighting the importance of aligning platform design with the preferences of a heterogeneous driver population.

由于驾驶员自主驾驶,共享经济中的送货和拼车平台在服务能力规划方面面临不确定性。本研究探讨了在SE平台的整个社会技术系统中,技术和社会子系统之间的一致性如何影响驾驶员的参与。根据社会技术系统理论,我们将SE平台概念化为由集中化、形式化和复杂性的组织设计构造定义的系统。通过对100名经验丰富的SE司机进行离散选择实验,我们研究了平台设计属性如何影响司机的效用和参与概率。我们的研究结果表明,司机重视灵活性,更喜欢提供直接任务分配和单任务接受功能的平台。与预期相反,司机普遍倾向于以基本工资为导向的薪酬结构,而不是以晋升为导向的薪酬结构。个体司机特征,如SE收入依赖和多重驾驶倾向显著影响平台偏好。研究结果通过实证建立平台结构与司机效用之间的关系,并将组织设计理论的应用扩展到数字化劳动平台,为物流研究做出了贡献。我们的研究结果为企业如何通过将SE驾驶员纳入其网络中来降低产能不确定性提供了见解,并强调了将平台设计与异类驾驶员群体的偏好相结合的重要性。
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引用次数: 0
Understanding Supply Chain Knowledge Mobilization Barriers From the Middle-Range Perspective: An Empirical Investigation of Argentina's Agri-Food Industry 从中间视角理解供应链知识动员障碍:对阿根廷农业食品行业的实证调查
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-03-24 DOI: 10.1111/jbl.70009
Guoqing Zhao, Ying Xie, Denis Dennehy, Samuel Fosso Wamba

Despite considerable research attention to supply chain knowledge mobilization (KMob) barriers, understanding of why, how, and when they emerge in practice remains limited. We address this knowledge deficit by using middle-range theory (MRT) as a theoretical lens to examine supply chain KMob barriers in their naturally occurring environment. Drawing on 42 in-depth, semi-structured interviews with Argentinian agri-food supply chain (AFSC) practitioners, we present novel insights into the emergence of AFSC KMob barriers. First, our findings indicate the prevalence of 11 individual, intra-organizational, and inter-organizational KMob barriers in Argentinian AFSCs. Second, Argentina's political, economic, social, technological, legal, and cultural (PESTLC) environment contribute to these barriers. For example, the cultural environment, characterized by strong hierarchy and weak intellectual autonomy, may have negative effects on AFSC practitioners' KMob behaviors and perceptions, resulting in resistance to knowledge sharing, while long-term political and economic instability poses challenges for intra- and inter-organizational KMob. Third, these 11 KMob barriers elicit both semantic and pragmatic knowledge boundaries that thwart AFSC KMob. Our study extends the applicability of MRT to supply chain KMob research and provides a framework for better understanding KMob barriers. The study has important implications for agricultural research institutions and focal companies of local AFSCs.

尽管有相当多的研究关注供应链知识动员(KMob)障碍,但对它们在实践中出现的原因、方式和时间的理解仍然有限。我们通过使用中程理论(MRT)作为理论透镜来检查供应链自然发生环境中的KMob障碍,从而解决了这一知识赤字。通过对阿根廷农业食品供应链(AFSC)从业人员进行42次深入的半结构化访谈,我们对AFSC KMob障碍的出现提出了新的见解。首先,我们的研究结果表明,阿根廷afsc中存在11种个体、组织内和组织间的KMob障碍。其次,阿根廷的政治、经济、社会、技术、法律和文化(peslc)环境助长了这些障碍。例如,以等级制度强、知识自主性弱为特征的文化环境可能会对AFSC从业者的KMob行为和认知产生负面影响,导致知识共享的阻力,而长期的政治和经济不稳定对组织内部和组织间的KMob构成挑战。第三,这11个KMob障碍引出了语义和语用知识边界,阻碍了AFSC KMob。我们的研究扩展了MRT在供应链KMob研究中的适用性,并为更好地理解KMob障碍提供了一个框架。该研究对农业研究机构和地方afsc重点公司具有重要的指导意义。
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引用次数: 0
Cross-Tier Supplier Collaboration on Buyer Firm Innovation Performance: The Moderating Role of Geographic Distance and Relationship Longevity 跨层供应商合作对采购企业创新绩效的影响:地理距离和关系寿命的调节作用
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-03-24 DOI: 10.1111/jbl.70010
Ellie C. Falcone, Jordan M. Barker, Haozhe Chen

The supply base is increasingly recognized as a critical enabler of firm innovation. While existing research has linked direct collaboration with suppliers to superior innovation performance, it has largely overlooked the relational dynamics occurring further upstream in the supply chain. We introduce the concept of cross-tier supplier collaboration—strategic alliances between first- and lower-tier suppliers (i.e., suppliers' suppliers) within a focal firm's supply chain focused on sharing or co-developing resources—and explore how this not-so-visible collaboration serves as a source of superior innovation for the buyer firm. Drawing on the extended resource-based view (ERBV), we construct and analyze a large panel dataset compiled from multiple archival data sources of public manufacturers, their first-tier suppliers, and lower-tier suppliers. The empirical analysis reveals that cross-tier supplier collaboration enhances buyer firm performance in terms of innovation efficiency. This positive relationship is strengthened when first- and lower-tier suppliers have long-term relationships but is weakened when these suppliers are geographically distant from each other. This study and its discoveries make a valuable contribution to the theories and literature on extended supply base and firm innovation while also providing practical guidance for managerial sourcing decisions.

供应基础日益被认为是企业创新的关键推动因素。虽然现有的研究将与供应商的直接合作与卓越的创新绩效联系起来,但它在很大程度上忽视了供应链上游发生的关系动态。我们介绍了跨层供应商合作的概念,即重点公司供应链中一级和较低一级供应商(即供应商的供应商)之间的战略联盟,重点是共享或共同开发资源,并探讨了这种不太明显的合作如何成为买方公司卓越创新的来源。利用扩展的资源基础视图(ERBV),我们构建并分析了一个大型面板数据集,该数据集由公共制造商及其一级供应商和低级供应商的多个档案数据源编译而成。实证分析表明,供应商跨层合作在创新效率方面提高了采购企业绩效。当一级供应商和较低级别供应商有长期合作关系时,这种积极关系会得到加强,但当这些供应商在地理上彼此相距较远时,这种积极关系就会减弱。本研究及其发现对扩展供应基础和企业创新的理论和文献做出了有价值的贡献,同时也为管理采购决策提供了实践指导。
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引用次数: 0
Does It Matter to the C-Suite? The Role of Top Management in a Purchasing Manager's Responsible Sourcing Intentions 这对高管们重要吗?高层管理者在采购经理负责任的采购意向中的作用
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-03-24 DOI: 10.1111/jbl.70012
Satabdi Hazarika, Yanji Duan, Tingting Yan, John A. Aloysius

Firms face increased scrutiny from both governments and consumers about socially responsible practices. Firms may address social issues in their supply chains by selecting socially responsible suppliers—a decision heavily influenced by the preferences of purchasing managers. Although prior research provides empirical evidence that this decision is affected by different stakeholders, these results are usually at the firm level and do not reveal how a purchasing manager forms their preference toward socially responsible suppliers. This study, using social projection theory and a behavioral experiment with supply chain managers, studies the influence of purchasing managers' perception of top management beliefs (PTMB) on socially responsible sourcing intentions (SRSS). Purchasing managers' internal values (ISI) strongly shape their PTMB, both directly and indirectly influencing purchasing managers' SRSS, while external stakeholder pressures from suppliers and customers (EPSP) impact SRSS indirectly through PTMB. Regulatory pressure (RP), however, shows no effect on PTMB. A post hoc analysis reveals that purchasing managers with high ISI favored sustainable suppliers, even when organizational priorities indicated by top management action (TMA) are not about socially responsible sourcing. Our findings provide a nomological network explaining a manager's responsible sourcing decisions and provide guidance for firms to enhance their responsible sourcing.

企业在社会责任实践方面面临着来自政府和消费者越来越多的审查。企业可以通过选择对社会负责的供应商来解决供应链中的社会问题——这一决定在很大程度上受到采购经理偏好的影响。尽管先前的研究提供了经验证据,表明这一决策受到不同利益相关者的影响,但这些结果通常是在公司层面上的,并没有揭示采购经理如何形成对社会责任供应商的偏好。本研究运用社会投射理论和供应链经理行为实验,研究采购经理对高层管理信念的感知(PTMB)对社会责任采购意向的影响。采购经理的内部价值观(ISI)强烈地塑造了采购经理的SRSS,直接和间接地影响采购经理的SRSS,而来自供应商和客户的外部利益相关者压力(EPSP)通过PTMB间接影响SRSS。然而,调控压力(RP)对PTMB没有影响。一项事后分析显示,ISI高的采购经理青睐可持续供应商,即使最高管理层行动(TMA)表明的组织优先事项与社会责任采购无关。我们的研究结果提供了一个解释管理者负责任采购决策的逻辑网络,并为企业加强负责任采购提供了指导。
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引用次数: 0
The Innovative Roles of Supply Chain Finance Platforms in Generating Competitive Advantage 供应链金融平台在形成竞争优势中的创新作用
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-02-19 DOI: 10.1111/jbl.70006
Chenyu Wang, Wei Wang, Shuting Li, Xiangfeng Chen

Supply chain finance (SCF) platforms have become increasingly important in providing financial services within supply chains. However, their role in creating competitive advantage is not well understood. This paper presents findings from an in-depth multiple-case study of four representative SCF service-providing platforms in China, aiming to examine why firms build SCF platforms, the innovative strategies firms adopt to develop SCF solutions, and the impact of these solutions on their business models and their competitive advantage. Data were collected through multiple interviews. The research findings suggest that the value disciplines of SCF platforms evolve through different stages in response to changes in customer needs. This evolution progresses from pursuing product and service leadership to operational excellence and, lastly, to customer intimacy. This study also identifies the various financial products and services provided by these SCF platforms at each stage. It then further points out the direction of creating ecosystem value as the ultimate goal of the SCF platforms. This study enhances the understanding of the innovative roles of SCF platforms and their impact on the development of new business models and gaining a competitive advantage based on value disciplines.

供应链金融(SCF)平台在提供供应链内的金融服务方面变得越来越重要。然而,它们在创造竞争优势方面的作用还没有得到很好的理解。本文对中国四家具有代表性的供应链金融服务提供平台进行了深入的多案例研究,旨在探讨企业建立供应链金融平台的原因、企业开发供应链金融解决方案的创新策略,以及这些解决方案对企业商业模式和竞争优势的影响。数据是通过多次访谈收集的。研究结果表明,供应链金融平台的价值准则会随着客户需求的变化而经历不同的发展阶段。这种演变从追求产品和服务的领先地位到卓越的运营,最后到与客户的亲密关系。本研究亦厘清这些融资平台在每个阶段所提供的各种金融产品和服务。然后进一步指出了创造生态系统价值作为SCF平台的最终目标的方向。本研究增强了对供应链金融平台的创新角色及其对基于价值学科的新商业模式发展和获得竞争优势的影响的理解。
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引用次数: 0
Is Your Supply Chain Breaking Down? Call AAA for Resilience Assistance 你的供应链崩溃了吗?打电话给AAA寻求恢复力援助
IF 11.2 2区 管理学 Q1 MANAGEMENT Pub Date : 2025-01-30 DOI: 10.1111/jbl.70002
Andrew Zeiser, Mikaella Polyviou, Adegoke Oke, A. Michael Knemeyer, Keely Croxton

Supply chain disruptions regularly interrupt the normal operations of organizations, impairing their financial, operational, and service performance. Therefore, organizations must develop capabilities to enhance their resilience–their ability to anticipate, overcome, and transform after disruptions. The literature proposes that agility, adaptability, and alignment (AAA capabilities) enhance long-term organizational success but does not explicitly link these AAA capabilities to resilience. Motivated by conversations with senior supply chain leaders, our research explores how organizations utilize practices, behaviors, and structures to build AAA capabilities in their pursuit of resilience over different phases of disruption. We use a grounded theory approach, conducting in-depth, semi-structured interviews with supply chain executives. Our findings contribute to the supply chain resilience literature by (a) highlighting how distinct practices, behaviors, and structures support the development of distinct AAA capabilities, (b) demonstrating which AAA capabilities are most influential in enhancing resilience during specific phases of a disruption, and (c) illustrating how the AAA capabilities operate in a feedback loop to synergistically improve resilience over the lifecycle of a disruption.

供应链中断经常中断组织的正常运作,损害其财务、运营和服务绩效。因此,组织必须发展能力来增强他们的弹性——他们预测、克服和在中断后转型的能力。文献提出敏捷性、适应性和一致性(AAA能力)提高了组织的长期成功,但没有明确地将这些AAA能力与弹性联系起来。在与高级供应链领导者对话的激励下,我们的研究探索了组织如何利用实践、行为和结构来构建AAA能力,以追求在不同阶段的中断中的弹性。我们采用扎根理论的方法,对供应链高管进行深入的半结构化访谈。我们的研究结果通过(a)强调不同的实践、行为和结构如何支持不同的AAA能力的发展,(b)证明哪些AAA能力在中断的特定阶段对增强弹性最有影响力,以及(c)说明AAA能力如何在反馈回路中运作,以协同提高中断生命周期的弹性。
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引用次数: 0
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Journal of Business Logistics
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