Abstract: Leather industry is the most important traditional
industry to provide the leather products in the world for thousand
years. The fierce global competitive environment and common
awareness of global carbon reduction make livestock supply quantities
falling, salt and wet blue leather material reduces and the price
skyrockets significantly. Exchange rate fluctuation led sales revenue
decreasing which due to the differences of export exchanges and
compresses the overall profitability of leather industry. This paper
applies activity-based benefit assessment approach to build up fitness
fur input mixed model, fur is Wet Blue, which concerned with four key
factors: the output rate of wet blue, unit cost of wet blue, yield rate and
grade level of Wet Blue to achieve the low cost strategy under given
unit price of leather product condition of the company. The research
findings indicate that applying this model may improve the input cost
structure, decrease numbers of leather product inventories and to raise
the competitive advantages of the enterprise in the future.
Abstract: It is a critical time to upgrade technology and increase value added with manufacturing skills developing and management strategies that will highly satisfy the customers need in the precision machinery global market. In recent years, the supply side, each precision machinery manufacturers in each country are facing the pressures of price reducing from the demand side voices that pushes the high-end precision machinery manufacturers adopts low-cost and high-quality strategy to retrieve the market. Because of the trend of the global market, the manufacturers must take price reducing strategies and upgrade technology of low-end machinery for differentiations to consolidate the market.By using six key success factors (KSFs), customer perceived value, customer satisfaction, customer service, product design, product effectiveness and machine structure quality are causal conditions to explore the impact of competitive advantage of the enterprise, such as overall profitability and product pricing power. This research uses key success paths (KSPs) approach and f/s QCA software to explore various combinations of causal relationships, so as to fully understand the performance level of KSFs and business objectives in order to achieve competitive advantage. In this study, the combination of a causal relationships, are called Key Success Paths (KSPs). The key success paths guide the enterprise to achieve the specific outcomes of business. The findings of this study indicate that there are thirteen KSPs to achieve the overall profitability, sixteen KSPs to achieve the product pricing power and seventeen KSPs to achieve both overall profitability and pricing power of the enterprise. The KSPs provide the directions of resources integration and allocation, improve utilization efficiency of limited resources to realize the continuous vision of the enterprise.
Abstract: The use and management of projects has risen to
a new prominence, with projects seen as critical to economic in
both the private and public sectors due challenging and dynamic
business environment. However, failure in managing project is
encountered regularly, which cause the waste of company
resources. The impacts of projects that failed to meet
stakeholders expectations have left behind long lasting negative
consequences in organization. Therefore, this research aims to
investigate on key success factors of project management in an
organization. It is believed that recognizing important factors
that contribute to successful project will help companies to
increase the overall profitability. 150 questionnaires were
distributed to respondents and 110 questionnaires were collected
and used in performing the data analysis. The result has strongly
supported the relationship between independent variables and
project performance.
Abstract: Selection of the best possible set of suppliers has a
significant impact on the overall profitability and success of any
business. For this reason, it is usually necessary to optimize all
business processes and to make use of cost-effective alternatives for
additional savings. This paper proposes a new efficient context-aware
supplier selection model that takes into account possible changes of
the environment while significantly reducing selection costs. The
proposed model is based on data clustering techniques while
inspiring certain principles of online algorithms for an optimally
selection of suppliers. Unlike common selection models which re-run
the selection algorithm from the scratch-line for any decision-making
sub-period on the whole environment, our model considers the
changes only and superimposes it to the previously defined best set
of suppliers to obtain a new best set of suppliers. Therefore, any recomputation
of unchanged elements of the environment is avoided
and selection costs are consequently reduced significantly. A
numerical evaluation confirms applicability of this model and proves
that it is a more optimal solution compared with common static
selection models in this field.