Bow tie analysis for prioritizing actions to manage the risks of out of stock on shelves in the retail

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carlos Heitor de Oliveira Barros ◽  
Inêz Manuele dos Santos ◽  
Marcelo Hazin Alencar ◽  
Luciana Hazin Alencar
Keyword(s):  
Risk Factors ◽  
Design Methodology ◽  
Content Type ◽  
Bow Tie

PurposeThe purpose of this paper is to present a methodology to structure the problem of retail out of stock (OOS). This methodology allows investigating risk factors and barriers related to the main causes and consequences that lead to OOS occurring.Design/methodology/approachThe proposed methodology to structure the OOS problem is based on the bow- ie tool, which allows better visualisation, understanding and analysis of a complete OOS scenario. This proposal comprises exploring the main causes and consequences of OOS, the barriers to prevention and mitigation, the escalation factors to control undesirable events and to define actions to eliminate or mitigate the OSS risk.FindingsSeveral potential causal risk factors, related to technical, behavioural, cultural and organisational aspects, were identified with this methodology. With the analysis of the OOS scenario, it was observed that the factors that lead to the OOS risk are preventable. In order to improve existing barriers or implement new barriers, a set of actions can be recommended to reduce or eliminate OOS risk factors.Originality/valueFrom a better understanding of hazard, the bow-tie methodology allows identifying crucial factors that could be acted upon to reduce the incidence of OSS. Thus, the value is to propose a methodology that allows establishing the preventive and protective barriers necessaries and the escalation factors related to each of these to help structure the problem and consequently reduce the OOS in retail organisations.

Bringing back the social: the way forward for children’s social work?

2017 ◽  
Vol 12 (2-3) ◽  
pp. 190-196 ◽  
Author(s):  
Brid Featherstone ◽  
Anna Gupta ◽  
Kate Morris
Keyword(s):  
Risk Factors ◽  
Social Determinants ◽  
Child Protection ◽  
Design Methodology ◽  
Social Suffering ◽  
Content Type ◽  
Poverty And Inequality ◽  
The Social ◽  
Original Contribution ◽  
Practical Implications

Purpose The purpose of this paper is to argue for the need to move away from a sole focus on assessing and dealing with individualised risk factors in order to more fully engage with and understand the social determinants of many of the harms that are manifest in families. Design/methodology/approach It draws from a number of research studies being conducted by the authors and a literature on psycho-social approaches to social suffering. Findings It highlights the evidence on the contribution of poverty and inequality to many of the problems encountered within families. It explores how hurt, shame and loss are experienced by those who are marginalised and struggling to live well and care safely for themselves and others. Practical implications It highlights the practice implications of adopting an approach that engages with both the social and the psychological and understands their inter-relationship. It offers some thoughts on how the social in psycho-social might receive the attention it deserves, a situation which does not pertain currently. Originality/value It offers an original contribution to thinking in the area of child protection where the focus is primarily on individualised risk factors. It highlights the importance of understanding the social determinants of many of the harms experienced in families and offers some pointers towards thinking and practising differently.

Stakeholder perceptions on the risk factors, challenges and benefits of business sustainability practices in the Singapore construction industry

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chee Kwong Lau ◽  
Hexin Chen
Keyword(s):  
Risk Factors ◽  
Construction Industry ◽  
Design Methodology ◽  
Business Strategies ◽  
Business Risk ◽  
Content Type ◽  
Business Sustainability ◽  
Construction Firms ◽  
Sustainability Practices ◽  
Practical Implications

PurposeThis study examines the stakeholder perception of the sustainability risks, challenges and benefits arising from managing these risks in the Singapore construction industry.Design/methodology/approachA questionnaire consisting of 89 risk factors, challenges and benefits, was administered, with 216 responses received from various stakeholders. Regression analyses were used to estimate the relationships between sustainability and business risk factors, challenges and benefits associated with business sustainability practices.FindingsStakeholders recognise the importance of the emerging sustainability risk factors, and indeed rank these almost on a par with conventional business risk factors. The inherent business risks determine the nature of sustainability risk factors for construction firms, which in turn can affect their business risks and the performance and value creation of firms. However, most stakeholders, while acknowledging that business sustainability practices can provide benefits as well as posing challenges, do not believe that they can derive net benefits from such practices.Research limitations/implicationsThrough this perception study, there is an urgent need to turn the existing awareness of the importance of business sustainability (BS) practices into more consistent and solid actions among construction firms in Singapore.Practical implicationsThis study’s results imply construction firms to incorporate BS practices more systematically into their business strategies and operations, and to include sustainability risk factors alongside conventional business risks in their risk registers and risk management frameworks.Originality/valueThis study consolidates various variables and constructs of BS matters in the literature and practice into a meaningful framework for the management of BS in the construction industry.

On the impact of market mergers over herding: evidence from EURONEXT

2014 ◽  
Vol 6 (2) ◽  
pp. 104-135 ◽  
Author(s):  
Panagiotis Andrikopoulos ◽  
Andreas Albin Hoefer ◽  
Vasileios Kallinterakis
Keyword(s):  
Risk Factors ◽  
Design Methodology ◽  
Market Volatility ◽  
Herd Behavior ◽  
Content Type ◽  
Common Risk Factors ◽  
The Impact ◽  
First Time ◽  
European Equity ◽  
Insight Into

Purpose – The purpose of this paper is to present and empirically test for the first time the hypothesis that herding in a market increases following the market's merger in an exchange group. Design/methodology/approach – The hypothesis is tested empirically in EURONEXT's four European equity markets (Belgium, France, the Netherlands and Portugal) on the premise of the Hwang and Salmon (2004) measure which allows us insight into the significance, structure and evolution of market herding. Tests are conducted for each market for the period prior to and after its merger into EURONEXT, controlling for a series of variables (market conditions, common risk factors, size) to gauge the robustness of the findings. Findings – Results indicate that, with the exception of Portugal, herding grows in significance, yet declines in momentum post-merger. The authors ascribe the findings to EURONEXT's enhanced transparency (which makes it easier for investors to observe their peers’ trades, thus allowing them to infer and free-ride on their information) and its fast-moving informational dynamics that render herding movements shorter-lived. These results are robust when controlling for various market states and common risk factors, with deviations being observed when controlling for size and market volatility. Originality/value – The study presents results for the first time on the impact of exchange mergers on herd behavior. The authors believe these to constitute useful stimulus for further research on the issue and bear important implications for regulators/policymakers in view of the ongoing proliferation of exchange mergers that has been underway since the 1990s.

LIBOR transition: challenges for Islamic finance transactions

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jawad Ali ◽  
Michael Rainey ◽  
Asal Saghari
Keyword(s):  
Risk Factors ◽  
Design Methodology ◽  
Profit Margin ◽  
Islamic Finance ◽  
Corporate Financing ◽  
Content Type ◽  
Regulatory Changes ◽  
Specific Risk ◽  
Innovative Solutions ◽  
Core Concepts

Purpose To examine the implications of the cessation of LIBOR in the context of Islamic finance transactions and to suggest potential solutions for the Shari’ah-compliant use of near risk-free reference rates (RFRs) in such transactions. Design/methodology/approach Provides an overview of the main regulatory changes by the UK’s Financial Conduct Authority (FCA) to LIBOR, a review of the key details regarding the cessation of LIBOR and specific risk factors, a discussion of core concepts of Islamic finance and the unique challenges that the models face considering the LIBOR reforms, and an outline of several innovative solutions that can be utilized by organizations and institutions to overcome the potential complexities of the LIBOR reforms. Findings The financing component of a seller’s profit margin in a murabaha transaction may be calculated using LIBOR, a forward-looking rate. LIBOR as a financing rate benchmark is being replaced by RFRs, which are backward-looking rates. A possible way to use RFRs in a murabaha transaction might be to recalculate the seller’s profit margin depending on actual RFRs during the financing period with the seller offering appropriate rebates to the buyer. Originality/value Expert guidance from experienced corporate, financing, investment, and Islamic financing lawyers.

Risk analysis for container shipping: from a logistics perspective

2015 ◽  
Vol 26 (1) ◽  
pp. 147-171 ◽  
Author(s):  
Chia-Hsun Chang ◽  
Jingjing Xu ◽  
Dong-Ping Song
Keyword(s):  
Risk Factors ◽  
Design Methodology ◽  
Risk Identification ◽  
Container Shipping ◽  
Case Study Method ◽  
Content Type ◽  
Related Data ◽  
Operational Risks ◽  
Potential Risks

Purpose – The purpose of this paper is to explore and analyse the risks in container shipping operations from a logistics perspective. In the paper, risks associated with the three flows in logistics − information, physical, and payment flow are identified and analysed. Design/methodology/approach – The use of case study method was first explained and justified. Second, risk identification was started with supporting references, several interviews were then conducted to identify and validate the potential risks in container shipping operations. A questionnaire was deployed to collect related data; and the impacts of the risks were then assessed and ranked using the method of risk mapping. Findings – The paper has identified a total of 35 risk factors and classified them into different categories. The paper has also revealed that the risks associated with physical flows have more serious risk impacts than the other types of risks; however, one of the risk factors associated with information flow (shippers hiding cargo information) is the most significant one among all the factors. Originality/value – Although many studies have been conducted on container shipping operational risks, no studies so far have approached this issue from a perspective that inclusively examines all the possible risks and comprehensively evaluates the relative importance of each of them. This study has identified the risks in container shipping operations, and analysed and ranked the level of these risks. The research further “refines” the findings of some previous studies by placing the risk factors addressed therein in a full “risk picture” which was developed systematically.

Systemic risk and the organization of the financial system: overview

2018 ◽  
Vol 10 (2) ◽  
pp. 202-212
Author(s):  
Clas Wihlborg
Keyword(s):  
Risk Factors ◽  
Systemic Risk ◽  
Design Methodology ◽  
Financial Institution ◽  
Policy Debate ◽  
Special Issue ◽  
Content Type ◽  
Conference Presentations ◽  
Conference Papers ◽  
Systemic Risk Factors

Purpose Before providing an overview of the conference with the above title and this Special Issue, this paper aims to present a view of the meaning of systemic risk, factors that affect systemic risk and measures of systemic risk. Thereafter, the conference presentations and the papers in this issue are summarized. Design/methodology/approach Characteristics and measures of systemic risk are reviewed. Conference papers and presentations are summarized. Findings While some aspects of systemic risk of a financial institution can be measured, an important aspect associated with contagion through markets is not easily captured by simple measures. Originality/value The conference and the papers in this issue contribute to the policy debate about sources and characteristics of systemic risk.

Post-migratory risk factors and asylum seekers’ mental health

2018 ◽  
Vol 11 (4) ◽  
pp. 257-269
Author(s):  
Thomas Korup Kjærgaard ◽  
Natasja Koitzsch Jensen
Keyword(s):  
Mental Health ◽  
Risk Factors ◽  
Length Of Stay ◽  
Asylum Seekers ◽  
Design Methodology ◽  
Search Strategy ◽  
Poor Mental Health ◽  
Content Type ◽  
Asylum Procedure ◽  
Practical Implications

Purpose The purpose of this paper is to examine if the post-migrational risk factors, namely length of stay and number of relocations, are associated with asylum seekers’ mental health. Design/methodology/approach The review includes seven main studies published later than 2006 examining the effect of the asylum procedure on the mental health of asylum seekers. The articles were identified through the search databases PubMed, Embase and PsycINFO. A systematic search strategy based on the concepts of Patient, Intervention, Comparison, and Outcome has laid the groundwork for the findings of relevant articles. Findings Two out of three articles investigating the association between number of relocations and mental health among asylum seekers observed an effect on mental health. Three out of six studies found associations between length of stay in asylum centres and poor mental health. The overall assessment of the studies indicates an effect of the post-migrational risk factors. Research limitations/implications The included studies vary in study populations, outcome measures and methodical soundness. Practical implications The review suggests that length of stay in asylum centres and the number of relocations should be considered as risk factors for poor mental health of asylum seekers and, hence, considered in the organisational procedures in the asylum process. Originality/value To the best of the authors’ knowledge, this is the first review to specifically examine the literature on the association between the post-migratory risk factors, number of relocations and length of stay, in asylum centres and mental health among non-detained asylum seekers in Europe.

Identification and analysis of major risk factors causing national terrorism

2019 ◽  
Vol 11 (3) ◽  
pp. 225-239
Author(s):  
Andrey Vadimovich Novikov ◽  
Andrey Petrovich Koshkin
Keyword(s):  
Risk Factors ◽  
Law Enforcement ◽  
Design Methodology ◽  
Law Enforcement Officers ◽  
Academic Community ◽  
Security Sector ◽  
Content Type ◽  
Factors Associated ◽  
High Level ◽  
The Impact

Purpose National terrorism is a comprehensive problem caused by various factors and conditions that give rise to or are capable of giving rise to it. The paper aims to discuss this issue. Design/methodology/approach The purpose of this study is to identify the main risk factors contributing to the emergence of terrorism, based on an expert survey of the academic community and law enforcement officers who are directly involved in the security sector in the Russian regions. Findings The study identified 72 causes of national terrorism, which were then transformed into a questionnaire. The findings helped identify 18 major risk factors associated with the emergence of terrorism. Originality/value It was concluded that the elimination of these risk factors would generally reduce the impact of more insignificant factors. The results of the study may be useful for countries and national regions exposed to a high level of terrorist activity.

scholarly journals The influence of risk on the equity share of build-operate-transfer projects

2017 ◽  
Vol 7 (1) ◽  
pp. 45-58 ◽  
Author(s):  
Alberto De Marco ◽  
Giulio Mangano ◽  
Timur Narbaev
Keyword(s):  
Risk Factors ◽  
Capital Structure ◽  
Design Methodology ◽  
Data Set ◽  
Content Type ◽  
Special Purpose Vehicle ◽  
Main Factors ◽  
The Relationship ◽  
Improved Methods ◽  
The Capital Structure

Purpose The purpose of this paper is to contribute to the understanding of the crucial influence of risks on the capital structure of build-operate-transfer (BOT) projects. Design/methodology/approach The equity portion of capital injected in a BOT investment is selected as the response variable and its relation with select identified risk factors is examined using a regression analysis on a data set of BOT projects. Findings Results have pointed out that the level of equity is significantly influenced by several sources of risk. Country, revenue, project and special purpose vehicle-related risks have been shown to have an impact on the size of the equity share of a BOT investment. Research limitations/implications The results could support both investors and lenders to better define the financial leverage of BOT projects. In particular, the study could help to have a better understanding of the main factors that influence the equity apportion of capital in BOT investments. Originality/value This paper contributes to fulfilling the lack of works addressing the relationship between risk factors and capital structure in BOT projects. In this way, this research leads to a better understanding of the risk factors that influence the capital structure of BOT project and they have therefore been proposed as a base for the establishment of improved methods to design refined capital structures in BOT projects.

scholarly journals Risk factors for project success in the Chinese construction industry

2017 ◽  
Vol 28 (7) ◽  
pp. 850-866 ◽  
Author(s):  
Ziyu Wu ◽  
Tahir Nisar ◽  
Dharm Kapletia ◽  
Guru Prabhakar
Keyword(s):  
Risk Factors ◽  
Construction Industry ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Project Success ◽  
Content Type ◽  
Qualitative And Quantitative ◽  
Qualitative And Quantitative Methods ◽  
Management Procedure ◽  
Representative Samples

Purpose To achieve project success, an effective project risk management procedure is inevitable. The purpose of this paper is to investigate the influence of risk factors on project success in the Chinese construction industry context. Design/methodology/approach This study by way of utilizing both qualitative and quantitative methods has examined risk factors that are closely linked to project success in the Chinese construction industry. Findings After a thorough survey and analysis, risk factors related to designer, contractor, subcontractor, client and government are shown to affect project success to some extent. Originality/value It is suggested that the present research may be made more generalizable by a larger, more representative samples across various industries and regions of China.

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