Factors influencing blockchain adoption in supply chain management practices: A study based on the oil industry

Purpose The purpose of this paper is to identify the factors influencing bargaining decisions and systematically develop a framework to support collaborative innovation within a strategic alliance. This framework can help companies resolve bargaining problems and facilitate cooperation and effective negotiation of strategic alliances to build successful business relationships. Design/methodology/approach The study considers Taiwanese agents’ bargaining power during negotiations with suppliers, using decision analysis to identify the variables affecting judgment. It uses Delphi–AHP methods to evaluate and develop a multi-criteria model explaining the critical factors to increase agents’ bargaining power and collaborative capability in the negotiation process. Findings Two significant differences between supply chain management practices and managerial specialty are found. Results suggest that better supply chain management practices of agents could assist suppliers in reducing their stock and processing delivery costs, and suppliers could offer more of their marketing planning and strategies to agents to increase confidence in each other’s products. Research limitations/implications It is hoped that this study will encourage more academics in the supply chain management field to investigate the extent to which other bargaining considerations act as facilitating or constraining factors in other Asian and non-Asian economies and other industries. Practical implications This study focuses on collaborative thinking and cooperation to develop and improve positive and relational outcomes in agent–supplier relationships. Originality/value The study analyzed the bargaining power of agents and collaborative innovation in the semiconductor industry from three major perspectives: professional competence, managerial competence and channel efficiency. The study provides effective suggestions for enhancing profits in agency-based cooperation.

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DETERMINANTS OF EFFECTIVE IMPLEMENTATION OF SUPPLY CHAIN MANAGEMENT PRACTICES IN THE DISTRIBUTION OF CONSUMABLE PRODUCTS IN THE OIL INDUSTRY IN KENYA: A CASE OF VANOIL ENERGY LIMITED

International Journal of Supply Chain and Logistics ◽

10.47941/ijscl.v2i1.253 ◽

2018 ◽

Vol 2 (1) ◽

pp. 67

Author(s):

Mungai Benjamin Kimani ◽

Dr. Allan Kihara

Keyword(s):

Supply Chain ◽

Supply Chain Management ◽

Management Practices ◽

Oil Industry ◽

Empirical Literature ◽

Supplier Relationships ◽

Demand And Supply ◽

Chain Management ◽

Descriptive Research ◽

Depth Study

Purpose: The study sought to examine the challenges faced in implementing effective supply chain management practices during the distribution of the consumable products in the oil industry in Kenya with reference to Vanoil Energy Limited. The study was to establish how warehousing capabilities, strategic supplier relationships, transportation planning and demand and supply forecasting affect distribution performance of the oil industry. To achieve this, the researcher reviewed both theoretical and empirical literature and proposed the research methodology that addressed the gaps identified in literature as well as answer the stipulated research questions.Methodology: This research study adopted a descriptive research design approach. The researcher prefers this method because it allows an in-depth study of the subject. A census was conducted where all the 70 staff in procurement department were issued with questionnaires. Data was collected using self-administered questionnaires. The data collected was analysed by use of descriptive and inferential statistics. The quantitative data generated was keyed in and analysed by use of Statistical Package of Social Sciences (SPSS) version 22 to generate information which will be presented using tables, charts, frequencies and percentages. Multiple regression models were used to show the relationship between the dependent variable and the four independent variables in this study.Results: The findings of the study indicated that warehousing capabilities, strategic supplier relationships, transport planning and demand and supply forecasting have a positive relationship with effective distribution of consumable products in the oil industry.Recommendations: Finally, the study recommended that companies in the oil industry should embrace supply chain management practices so as to improve distribution performance and further researches should to be carried out in other institutions to find out if the same results can be obtained.

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