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Volume 2, Issue 2, 2023
Open Access
Research article
FMEA-QFD Approach for Effective Risk Assessment in Distribution Processes
vukašin pajić ,
milan andrejić ,
marjan sternad
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Available online: 04-27-2023

Abstract

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This study applies the FMEA-QFD approach to assess risks in the distribution process, with a focus on warehouse and transport processes, which are commonly associated with user dissatisfaction and customer loss. The methodology identifies the forms, effects, and causes of failures and determines priorities for each category. In that manner, for the warehousing process, long reception time, additional costs, and lack of experience have the highest priority. In the transportation process, time losses, generating additional costs, and longer vehicle retention time are the three failure effects with the highest priorities. Corrective and preventive measures are also defined. The proposed approach is highly applicable in practice and can be modified for use in other industries. This paper contributes both theoretically and practically to the field of logistics.

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As environmental awareness grows, consumers' green and low-carbon preferences have become essential factors for market enterprises to consider in decision-making. This paper conducts a literature review of dual-channel supply chain pricing decisions under the influence of consumers' low-carbon preference. The analysis is carried out from two aspects: dual-channel supply chain types and consumers' low-carbon preference. By combining psychological games and analyzing relevant literature, this paper provides insights into the factors that affect consumers' low-carbon preference and explores the synergies among various factors, including government policies. Moreover, this paper suggests future research directions, such as conducting empirical research on relevant models, to support the diversified development of the dual-channel field.

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Responsible use of social media requires a level of culture and awareness on the part of the user themselves that allows them to understand and absorb the enormous amount of information they receive through these mediums, verify it, and then share it with their friends and users. This leads to numerous problems related to public health and safety. This research aims to identify the most significant effects of the dissemination of fake news in times of crisis on public health and safety, as well as to propose strategies to overcome this phenomenon. A hybrid Grey-ARAS (Additive Ratio Assessment) model was used to rank the potential impacts and propose strategies to overcome them. Four experts in the field of public health, data analysis, and contagious diseases participated in this study to determine the weights. Eight factors affecting public health and safety were proposed, along with seven strategies to mitigate these impacts. The results showed that the most important factors are creating panic and anxiety among people along with the contribution to the misleading public policy decisions. The results also showed that the most appropriate strategies to overcome the impact of fake news are to encourage people to check facts and monitor social media. A sensitivity analysis of the results obtained was also performed, proposing 20 different scenarios to adjust the relative weights of the criteria. The results showed a certain stability when using different scenarios.

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The interrelation between logistics and international trade is crucial for understanding a country's ability to increase its share in global trade. An adequate and well-integrated logistics sector and infrastructure are required for this purpose. This study employs the novel Multi-Criteria Decision Analysis (MCDA) approach known as REF-III and two distinct models to investigate the activities of countries in terms of infrastructure, logistics, international trade, and economic growth. The results from both models indicate that China and Russia are leading the rankings. However, when focusing on the efficiency of trade and economic growth, the United States occupies the first place. Notably, several Caucasian and Balkan countries rank poorly in both models, possibly due to the multiple crises, wars, and turmoil they have experienced over the past forty years. The investments and improvements made in infrastructure and logistics by the countries excelling in global trade and logistics should serve as a model for other nations to emulate.
Open Access
Research article
Impact of Corporate Venture Capital on Digital Business Transformation: A Case Study in Germany
nadine ladnar ,
daniel harder ,
ricardo palomo ,
alexander zureck
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Available online: 05-31-2023

Abstract

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With the growing need for digital business transformation, corporate venture capital (CVC) investors have been faced with the challenge of how to deal with this trend. Although digital business transformation and CVC are highly relevant, previous studies have investigated them separately instead of their relationships. Therefore, this research aimed to study the impact of CVC on digital business transformation to fill this research gap. Based on an exploratory research design, eleven experts from different industries were interviewed. The following results were found in this study: (1) after the CVC unit collaborated with an Open Innovation (OI) unit, the CVC activities were integrated into the decentralized OI activities, and a dedicated team in the CVC unit was responsible for OI and venture client-based OI activities, thus achieving digital OI; (2) CVC was used to pursue ambidexterity, digital exploration or exploitation; (3) CVC supported digital business transformation at the organizational, social, and technical levels, which provided an answer to the overarching research question of how CVC supported innovation processes. Theoretical implications of this study lied in enhancing the understanding between CVC and digital business transformation, thus extending the understanding of CVC organization and impact. Furthermore, this study provided practical implications and recommendations on organizing CVC and using it to achieve digital business transformation according to strategic objectives.
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