Contested Illegality

2017 ◽  
Author(s):  
Annette Hübschle
Keyword(s):  
Supply Chain ◽  
Economic Exchange ◽  
Political Decision ◽  
Market Participants ◽  
Effective Implementation ◽  
Cultural Legitimacy ◽  
The Way

This chapter shows that the illegalization of an economic exchange is not a straightforward political decision with fixed goalposts, but a protracted process that may encounter unexpected hurdles along the way to effective implementation and enforcement. While political considerations informed the decision to ban trade in rhino horn initially, diffusion of the prohibition has been uneven and lacks social and cultural legitimacy among key actors along the supply chain. Moreover, some market actors justify their participation in illegal rhino horn markets based on the perceived illegitimacy of the rhino horn prohibition. The concept of “contested illegality” captures an important legitimization device of market participants who do not accept the trade ban.

scholarly journals A Journey into the European Supply Chains: Key Industries and Best Practices

2021 ◽  
pp. 235-264
Author(s):  
Elena Pessot ◽  
Irene Marchiori ◽  
Andrea Zangiacomi ◽  
Rosanna Fornasiero
Keyword(s):  
Supply Chain ◽  
Best Practices ◽  
Supply Chains ◽  
Structural Features ◽  
Supply Network ◽  
Effective Implementation ◽  
Food And Beverage ◽  
Distribution Logistics ◽  
Key Industries ◽  
The Way

Abstract Macro-trends and sectoral-specific evolutions are changing the way companies produce, distribute and build relationships in their supply network and with customers. Aiming to investigate the effective implementation of new supply chain concepts and innovation needs identified in the previous sections, this chapter provides a study of multiple cases of excellence among European supply chains. It depicts an overview of major trends and structural features of 8 key industries for European economy, i.e. Automotive, Aerospace, Fashion, Chemical, IT, Distribution/logistics, Furniture, Food and Beverage. For each industry, a structured investigation into one or more companies was performed with a total of 18 companies involved. The results identify possible matchings in relation to supply chain strategies, and good and best practices adopted accordingly.

Blockchain as supply chain technology: considering transparency and security

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pei Xu ◽  
Joonghee Lee ◽  
James R. Barth ◽  
Robert Glenn Richey
Keyword(s):  
Supply Chain ◽  
Text Mining ◽  
Information Security ◽  
Design Methodology ◽  
Use Cases ◽  
Future Research ◽  
Content Type ◽  
Blockchain Technology ◽  
Twitter Data ◽  
The Way

PurposeThis paper discusses how the features of blockchain technology impact supply chain transparency through the lens of the information security triad (confidentiality, integrity and availability). Ultimately, propositions are developed to encourage future research in supply chain applications of blockchain technology.Design/methodology/approachPropositions are developed based on a synthesis of the information security and supply chain transparency literature. Findings from text mining of Twitter data and a discussion of three major blockchain use cases support the development of the propositions.FindingsThe authors note that confidentiality limits supply chain transparency, which causes tension between transparency and security. Integrity and availability promote supply chain transparency. Blockchain features can preserve security and increase transparency at the same time, despite the tension between confidentiality and transparency.Research limitations/implicationsThe research was conducted at a time when most blockchain applications were still in pilot stages. The propositions developed should therefore be revisited as blockchain applications become more widely adopted and mature.Originality/valueThis study is among the first to examine the way blockchain technology eases the tension between supply chain transparency and security. Unlike other studies that have suggested only positive impacts of blockchain technology on transparency, this study demonstrates that blockchain features can influence transparency both positively and negatively.

scholarly journals A Model for understanding supply chain networks

2005 ◽  
Vol 5 (2) ◽  
pp. 55-63 ◽  
Author(s):  
Carlos Brito ◽  
Catarina Roseira
Keyword(s):  
Supply Chain ◽  
Conceptual Framework ◽  
Supply Management ◽  
Organisational Performance ◽  
Supplier Relationships ◽  
Supply Chain Networks ◽  
The Impact ◽  
The Way

Organisational performance tends to be highly dependent on suppliers' actions and on the way the relationships with them are managed by the buying company. Researchers have conducted extensive and valuable studies on the impact of supplier relationships in a network context. However, some important issues regarding supply management and its effects on the strategy of the buying firm have not been fully investigated. This article presents a model of supply chain networks developed on the basis of the conceptual framework of the IMP group. The aim is to contribute toward a better understanding of supply management through the integration of both relational, portfolio and network issues.

scholarly journals Evaluating and ranking the circular supply chain implementation enablers

2021 ◽  
Author(s):  
Swapnil Lahane ◽  
◽  
Himanshu Prajapati ◽  
Ravi Kant ◽  
◽  
...  
Keyword(s):  
Supply Chain ◽  
Manufacturing Industry ◽  
Global Climate ◽  
Pairwise Comparison ◽  
Decision Makers ◽  
Analytic Hierarchy ◽  
Effective Implementation ◽  
Manufacturing Organizations ◽  
Scarcity Of Resources ◽  
Hierarchy Process

This research aims to evaluate and rank the Circular Supply Chain (CSC) enablers for the effective implementation of CSC management. From the literature and input received from industrial experts, 30 CSC enablers are identified. Further, the selected CSC enablers are classified into seven main categories. This research employs the Pythagorean fuzzy analytic hierarchy process (PF-AHP) technique to prioritize the selected CSC enablers based on pairwise comparison of criteria and sub-criteria. The effectiveness of the proposed method is illustrated with the help of responses received from an Indian manufacturing industry. The result reveals that global climate pressure and ecological scarcity of resources is the most significant enabler and the environment management certifications and systems is the least important enabler. The result of the present study will assist the practitioners / decision makers in implementing CSC in manufacturing organizations by adopting the ranking obtained in a systematic way.

Improving the Supply Chain (SC) Stream with Green Product Design (GPD) Strategy

2016 ◽  
pp. 36-60
Author(s):  
Rodrigo Villanueva ◽  
Emilio Jimenez-Macias ◽  
Julio Blanco-Fernandez
Keyword(s):  
Supply Chain ◽  
Product Design ◽  
End Of Life ◽  
Product Life Cycle ◽  
Material Selection ◽  
Raw Material ◽  
Green Product ◽  
Material Transportation ◽  
Green Product Design ◽  
The Way

The current Supply Chain (SC) is under change. The traditional way to generate a product contained the following stages: product design, raw material selection, material transportation, manufacturability, distribution and disposition at end of life. Product design for instance, is considered an extremely important stage of a product, being that, it directs the way the product can potentially be managed along the SC. It defines the raw material to be used, the possible supplier to select, the industrial processes involved in its fabrication, the packaging for its transportation and the newest stage where the product reaches its end of life and needs to be disposed. The Product design then becomes Green Product Design (GPD), where energy, time, resources become critical for a company. GPD takes into account the whole product life cycle. This chapter presents the importance of having a GPD process into the SC, the way to incorporate it, and the benefits of implementing it into the SC.

scholarly journals Market Integration and Price Transmission in the Vertical Supply Chain of Rice: An Evidence from Bangladesh

Agriculture ◽  
2020 ◽  
Vol 10 (7) ◽  
pp. 271
Author(s):  
Limon Deb ◽  
Yoonsuk Lee ◽  
Sang Hyeon Lee
Keyword(s):  
Supply Chain ◽  
Market Integration ◽  
Threshold Effect ◽  
Price Transmission ◽  
Causality Test ◽  
Threshold Autoregressive ◽  
Market Participants ◽  
Long Run ◽  
Short Run ◽  
Retail Prices

As a staple food, rice has an enormous market in Bangladesh in terms of market participants and the volume of the product. As the price of rice is always a sensitive factor for producers, poor consumers and policy makers, this paper investigates market integration and price transmission along the vertical supply chain of rice. Johansen’s test of co-integration confirmed that farm, wholesale and retail prices are co-integrated in the long-run. A causality test revealed that prices were found to be at wholesale levels for both the upstream and downstream markets. The asymmetry error correction model (ECM) has discovered short-run and long-run asymmetry in price transmission in the vertical supply chain where both producers and consumers were being affected due to positive and negative asymmetry. Threshold autoregressive (TAR) and momentum threshold autoregressive (M-TAR) models have confirmed threshold co-integration as well as threshold effect on asymmetry in price transmission. The results highlight the inevitability of policy implementations and increased public interventions to reduce asymmetry for engendering greater pricing efficiency in Bangladesh rice markets.

scholarly journals Marketing of shrimp in Bangladesh-A value chain analysis

2016 ◽  
Vol 12 (2) ◽  
pp. 359-368 ◽  
Author(s):  
MS Islam ◽  
MM Haque ◽  
MG Rabbani ◽  
S Sharmin
Keyword(s):  
Supply Chain ◽  
Value Chain ◽  
Export Earning ◽  
Export Market ◽  
Added Value ◽  
Local Market ◽  
Value Chain Analysis ◽  
Market Participants ◽  
Chain Analysis ◽  
Marketing Efficiency

Shrimp is an important fisheries resource in the national economy of Bangladesh. It is considered as an exportable item and in each year it shared about 2.75% of the total export earning of Bangladesh. The present study was conducted to examine the marketing system and value chain, and marketing efficiency of shrimp marketed both in domestic and export market. For this study a total of 182 stakeholders (market intermediaries) were selected where shrimp farmers, export oriented farms, depot owners and other market participants and selling agents were included. Data were collected for the period of 2012-13. The study revealed that 80% shrimp is exported and rest 20% is consumed in the local market. Usually shrimp is exported through exporting agencies and firms. Considering all kinds of market, the average gross marketing margin and profit of shrimp in the local market were Tk 171.00/kg and Tk 134.04/kg respectively but for export market, the corresponding amounts were Tk 142.76/kg and Tk 89.51/kg respectively. Shrimp is sold both in domestic and overseas market and accordingly major supply chain and value chain were identified. Shrimp farmers and exporting agencies supply shrimp to ultimate consumers through supply chain. Actually value chain actors added value at each level of market. After processing and adding value, domestic and overseas consumers purchase 1 kg of shrimp at Tk 55.00 and Tk 142.76 respectively. Marketing efficiency was studied only for domestic market. It revealed that shorter supply channel resulted efficient marketing of shrimp where the shrimp producer received the higher percentages of sales price provided by the retailer in consumer market.J. Bangladesh Agril. Univ. 12(2): 359-368, December 2014

High-Frequency Trading and Conflict in the Financial Markets

2017 ◽  
Vol 32 (3) ◽  
pp. 270-282 ◽  
Author(s):  
Ricky Cooper ◽  
Jonathan Seddon ◽  
Ben Van Vliet
Keyword(s):  
Financial Markets ◽  
High Frequency ◽  
High Frequency Trading ◽  
Market Makers ◽  
Market Participants ◽  
Software Vendor ◽  
Traditional Market ◽  
Recent Developments ◽  
The Way

The last few decades has seen an ever-increasing growth in the way activities are productized and associated with a financial cost. This phenomenon, termed financialization, spans all areas including government, finance, health and manufacturing. Recent developments within finance over that past decade have radically altered the way trading occurs. This paper analyses high-frequency trading (HFT) as a necessary component of the infrastructure that makes financialization possible. Through interviews with HFT firms, a software vendor, regulators and banks, the effects of HFT on market efficiency, and its impact on costs to long-term investors are explored. This paper contributes to the literature by exploring the conflict that exists between HFT and traditional market makers in today's fragmented markets. This paper argues that society should be unconcerned with this conflict and should instead focus on the effects these participants have on the long-term investors, for whom the markets ultimately exist. In order to facilitate the best outcomes, regulation should be simple, aimed at keeping participants’ behavior stable, and the interactions among them transparent and straightforward. Financialization and HFT are inextricably linked, and society is best served by ensuring that the creative energy of these market participants is directed on providing liquidity and removing inefficiencies.

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