scholarly journals Financial Spillover Effects in Supply Chains: Do Customers and Suppliers Really Benefit?

Logistics ◽  
2020 ◽  
Vol 4 (1) ◽  
pp. 6
Author(s):  
Erik Hofmann ◽  
Yannick Sertori
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Control Sample ◽  
Secondary Data ◽  
Spillover Effects ◽  
Abductive Reasoning ◽  
Supply Chain Relationships ◽  
Financial Perspective ◽  
Profitability Ratios ◽  
Financial Outcome

Studies have shown that leading supply chain companies are associated with significantly higher company financial ratios than competitors. In contrast, little research has focused on the financial performance of the affiliated suppliers and customers of such supply chain leader (SCL) companies. Thus, the central purpose of this paper is to determine, from a financial perspective, whether suppliers and customers benefit or lose by participating in a SCL network (so called “financial spillover effects”). Companies that were ranked in the Gartner Supply Chain Top 25 were selected as SCLs. For each selected firm, the five largest suppliers and customers were identified and compared with a control sample from the same industry. In order to elaborate on existing insights into the (financial) outcome of supply chain relationships, we applied an explorative approach with abductive reasoning, while comparing the secondary data for 224 SCL supplier (56 firms) and 168 SCL customer (42 firms) firm-years with 1940 (485 firms) and 1544 (386 firms) control firm-years, respectively. The following insights are made: First, the superior financial performance of SCLs was confirmed. Second, the financial performance of suppliers and customers showed superior liquidity and activity ratios but inferior profitability ratios. Third, suppliers showed much more significant results than customers.

scholarly journals ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT. MANDOM Tbk TAHUN 2016-2020

2021 ◽  
Vol 26 (2) ◽  
pp. 22-33
Author(s):  
Wulan Damayanti ◽  
Ari Nurul Fatimah
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Good Condition ◽  
Secondary Data ◽  
Financial Statements ◽  
Ratio Analysis ◽  
Fixed Asset ◽  
Solvency Ratio ◽  
Profitability Ratios ◽  
Research Analysis

This study analyzes the financial performance of PT Mandom Tbk. This study aims to determine how the financial performance of PT Mandom Tbk during the 2015 - 2020 reporting year. The data and information used in this study were obtained from the Indonesia Stock Exchange. The test is carried out based on four categories of financial ratios, namely, Profitability Ratios, Liquidity Ratios, Solvency Ratios, and Activity Ratios. The study was conducted using a descriptive quantitative approach and the data is secondary data in the form of financial statements of income and statements of financial position obtained from the Indonesia Stock Exchange (IDX). Based on the results of research analysis using the profitability ratios of the company's financial performance, the condition is not good. Based on the liquidity ratio analysis, the company's financial performance shows a good condition. Based on the analysis of the solvency ratio, the company's financial performance shows a good condition. Based on the activity ratio analysis of the company's financial performance, it shows good conditions for receivable activities and not good for inventory activities and fixed asset activities.

How do financial constraints and financing costs affect inventories? An empirical supply chain perspective

2017 ◽  
Vol 47 (6) ◽  
pp. 516-535 ◽  
Author(s):  
Kai Hoberg ◽  
Margarita Protopappa-Sieke ◽  
Sebastian Steinker
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Financial Constraints ◽  
Cost Of Capital ◽  
Secondary Data ◽  
Supplier Relationships ◽  
Financial Situation ◽  
Content Type ◽  
Financial Perspective ◽  
Financing Costs

Purpose The purpose of this paper is to identify the interplay between a firm’s financial situation and its inventory ownership in a single-firm and a two-firm perspective. Design/methodology/approach The analysis uses different secondary data sources to quantify the effect of both financial constraints and cost of capital on inventory holdings of public US firms. The authors first adopt a single-firm perspective and analyze whether financial constraints and cost of capital do generally affect the amount of inventory held. Next, the authors adopt a two-firm perspective and analyze the inventory ownership in customer-supplier relationships. Findings Inventory levels are affected by financial constraints and cost of capital. Results indicate that higher costs of capital are weakly associated with lower inventories. However, contrary to the authors’ expectations, firms that are less financially constrained hold less inventories than firms that are more financially constrained. Finally, the authors find that customers hold the larger fraction of supply chain inventory in supplier-customer dyads. Practical implications The authors’ results indicate that financial considerations generally play a role in inventory management. However, inventory holdings seem to be influenced only slightly by financing costs and inventory holdings between supplier and customer seem to be less than optimal from a financial perspective. Considering those financial aspects can lead to relevant financial advantages. Originality/value In contrast to other recent research, the authors study how the financial situation of a firm affects its inventory levels (not vice versa) and also consider inventories from a two-firm perspective.

The Role of Complementary Resources in the Development of E-Supply Chains and the Firm’s Performance

2013 ◽  
Vol 4 (2) ◽  
pp. 1-21 ◽  
Author(s):  
Yoo-Taek Lee ◽  
Sung-Yong Ryu ◽  
Kathleen E. McKone-Sweet
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Supply Chains ◽  
Secondary Data ◽  
Complementary Resources ◽  
It Resources ◽  
Korean Ministry ◽  
Complementary Resource ◽  
Improved Performance ◽  
And Performance

E-supply chains (e-SCs), which are Internet-enabled supply chains, are progressively being implemented by companies to improve their operational and financial performance. Several studies exist where the association between the development of an e-supply chain and the performance of a firm have been investigated. However, there is a paucity of literature that describes how information technology (IT) resources interact with other complementary resources to e-supply chains that positively impact a firm’s performance. This paper seeks to adopt a resource-based view of the firm (RBVF) and empirically tests a framework that identifies and validates the relationships among IT resources, complementary resources to e-supply chains, and performance of a firm. This study utilizes secondary data from two sources – data collected by the South Korean Ministry of Commerce, Industry and Energy (MOCIE) and financial data from the Korea Exchange. The data from a total of 170 firms representing 10 industries in South Korea was analyzed using a partial least-squares technique (PLS). The results of the analysis confirm that IT resources do not directly influence supply chain performance. However, when associated with a complementary resource, IT resources positively affect both supply chain operations and a firm’s financial performance. The findings of this research support the current existing literature on the RBVF approach with regard to the domain of supply chain management, and can provide additional insights to industry practitioners on how to effectively utilize complementary resources in developing e-SCs to deliver improved performance.

Process Improvements in Supply Chain Operations

2018 ◽  
pp. 1119-1141
Author(s):  
Alan D. Smith
Keyword(s):  
Sustainable Development ◽  
Supply Chain ◽  
Corporate Sustainability ◽  
Triple Bottom Line ◽  
Secondary Data ◽  
Bottom Line ◽  
Process Improvements ◽  
Supply Chain Relationships ◽  
Sustainability Initiatives ◽  
Development Objectives

The nature of SCM research is constantly evolving and must address a variety of concerns like poor service, large inventory levels, and friction among suppliers and manufacturers. Analytical databases and techniques in SCM are an important part of this research. Many researchers and practitioners have depended on secondary data, but given the dynamic nature of global competition, more recent and relevant data must be gathered. These efforts need to be geared to the development of properly managed supply chain relationships and corporate sustainability initiatives that ultimately promote broad-based sustainable development objectives for the good of people, plants, and profits (i.e., triple bottom-line).

Process Improvements in Supply Chain Operations

2015 ◽  
pp. 263-286 ◽  
Author(s):  
Alan D. Smith
Keyword(s):  
Sustainable Development ◽  
Supply Chain ◽  
Corporate Sustainability ◽  
Triple Bottom Line ◽  
Secondary Data ◽  
Bottom Line ◽  
Process Improvements ◽  
Supply Chain Relationships ◽  
Sustainability Initiatives ◽  
Development Objectives

The nature of SCM research is constantly evolving and must address a variety of concerns like poor service, large inventory levels, and friction among suppliers and manufacturers. Analytical databases and techniques in SCM are an important part of this research. Many researchers and practitioners have depended on secondary data, but given the dynamic nature of global competition, more recent and relevant data must be gathered. These efforts need to be geared to the development of properly managed supply chain relationships and corporate sustainability initiatives that ultimately promote broad-based sustainable development objectives for the good of people, plants, and profits (i.e., triple bottom-line).

Analisis Rasio Keuangan untuk Menilai Kinerja Keuangan Perusahaan

2021 ◽  
Vol 4 (1) ◽  
pp. 33-51
Author(s):  
Tya Destiani ◽  
Rina Maria Hendriyani
Keyword(s):  
Financial Performance ◽  
Secondary Data ◽  
Financial Ratios ◽  
Financial Ratio ◽  
Industry Standard ◽  
Qualitative Approaches ◽  
Library Research ◽  
Data Source ◽  
Measuring Tool ◽  
Profitability Ratios

This study aims to analyze financial ratios with industry standard financial ratios used in the form of liquidity ratios, solvability ratios, and profitability ratios as a measuring tool for assessing the financial performance of Ltd Unilever Indonesia Plc. This research uses descriptive method with quantitative and qualitative approaches. The type of data used is secondary data, namely the financial statements of Ltd Unilever Indonesia Plc from 2016 to 2020. The data source used is internal data in the form of company profiles of Ltd Unilever Indonesia Plc. Data collection techniques in the form of library research and data analysis techniques in the form of descriptive. The results show that the financial performance of Ltd Unilever Indonesia Plc based on the liquidity ratio is not good because it is still below the financial ratio industry standard. Based on the solvability ratio, the company's financial performance is not good because the results are far below the industry standard of financial ratios. And based on the profitability ratios, the company's financial performance is very good because the results are above the industry standard financial ratios.

scholarly journals Analisis Rasio Laporan Keuangan Untuk Menilai Kinerja Keuangan Pada PT Bank SUMUT

2020 ◽  
Vol 4 (2) ◽  
pp. 50
Author(s):  
Eva Malina Simatupang
Keyword(s):  
Data Collection ◽  
Financial Performance ◽  
Balance Sheet ◽  
Secondary Data ◽  
Ratio Analysis ◽  
Analysis Techniques ◽  
Income Statement ◽  
Processing Techniques ◽  
Solvency Ratio ◽  
Profitability Ratios

This study aims to assess the financial performance of PT Bank SUMUT in terms of liquidity ratios, profitability ratios, and solvency ratios in period 2015-2017. The type of data used in this study is secondary data, that is balance sheet and income statement. Data collection in this study uses documentation and data processing techniques using ratio analysis techniques. The conclusion of this study is in terms of its liquidity ratio, PT Bank SUMUT's financial performance is quite good, in terms of its profitability ratio, PT Bank SUMUT's financial performance is not good, and in terms of its solvency ratio, PT Bank SUMUT's financial performance is quite good.

scholarly journals FAKTOR-FAKTOR PENILAIAN KINERJA KEUANGAN PADA PT. SINAR RODA UTAMA

2019 ◽  
Vol 13 (2) ◽  
pp. 28-38
Author(s):  
Putri Ratna Sari
Keyword(s):  
Financial Performance ◽  
Research Method ◽  
Good Condition ◽  
Secondary Data ◽  
Ratio Analysis ◽  
Debt Ratio ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Solvency Ratio ◽  
Profitability Ratios

The purpose of this study is to find out how financial ratio analysis to assess the financialperformance of PT. Main Wheel Rays in terms of liquidity ratios, solvency ratios, and profitabilityratios using secondary data. The research method used is descriptive quantitative and independentvariables, namely the company's financial performance measured by several sub variablesincluding liquidity ratios, solvency ratios, and profitability ratios. The results of the research are theanalysis of the ratio of liquidity, solvency, and profitability to assess the financial performance of PT.Main Wheel Rays seen from the liquidity ratio of the company's financial performance are in goodcondition, but too much cash is not used. When viewed from the solvency ratio, the company'sfinancial performance is in a bad condition, because the debt ratio continues to increase. Whenviewed from the profitability ratio, the company's financial performance is in good condition, butmust continue to increase profits.

scholarly journals Analisis kesehatan Keuangan dengan Menggunakan Metode Altman Z-Score Pada PT Tiga Pilar Sejahtera Food Tbk

2021 ◽  
Vol 10 (2) ◽  
pp. 155-164
Author(s):  
Apriatni Endang Prihatini ◽  
Dinalestari Purbawati
Keyword(s):  
Comparative Analysis ◽  
Financial Performance ◽  
Annual Report ◽  
Secondary Data ◽  
Rate Of Return ◽  
Financial Health ◽  
Z Score ◽  
Financial Condition ◽  
Report Data ◽  
Profitability Ratios

Annual report information is needed for investors to determine the rate of return on paid up capital to the company and to predict the level of risk. Based on the consolidated annual report, PT Tiga Pilar Sejahtera Food Tbk (TPSF) did not show good financial performance, so it was unable to pay dividends. This study is descriptive, which is to find out the financial health of TPSF for the period of 2016 to 2019. The method of analysis used the Altman Z-Score which was equipped with a profitability ratio. The data used was secondary data obtained from official company sources, specifically the 2016 to 2019 annual report data. The results show that the company's financial condition from 2016 to 2019 was in the bankruptcy category. This condition is also strengthened by a comparative analysis of profitability ratios that shows its inability to make a profit. The increasing of company’s ability to earn profits began to occur in 2019, however the financial condition was still in the bankruptcy category. It is recommended that companies prioritize strategies that can increase profits from the main businessInformasi laporan tahunan diperlukan bagi para investor, untuk mengetahui tingkat pengembalian dana yang disetorkan kepada perusahaan, serta memprediksi tingkat risiko. Berdasarkan laporan tahun konsolidasi, kondisi keuangan PT Tiga Pilar Sejahtera Food Tbk (TPSF), tidak menunjukan kinerja yang baik, sehingga tidak mampu membayar dividen. Penelitian ini bersifat diskriptif, yaitu dimaksudkan untuk mengetahui kondisi kesehatan TPSF untuk periode tahun 2016 hingga 2019. Metode analisis menggunakan Altman Z-Score dilengkapi dengan rasio profitabilitas. Penelitian ini menggunakan data sekunder yang diperoleh dari data resmi perusahaan, yaitu data laporan tahunan 2016 hingga tahun 2019. Hasil penelitian menunjukan bahwa kondisi keuangan perusahaan periode tahun 2016 sampai dengan 2019 berada pada kategori kebangkrutan. Diperkuat dengan analisis perbandingan rasio profitabilitas, menunjukkan ketidakmampuan memperoleh keuntungan. Peningkatan kemampuan memperoleh keuntungan, mulai terjadi di tahun 2019, walau demikian, kondisi keuangan, masih dalam kategori kebangkrutan Disarankan perusahaan lebih mengutamakan strategi-strategi yang dapat meningkatkan keuntungan yang berasal dari usaha pokok.

Value of supply chain resilience: roles of culture, flexibility, and integration

2019 ◽  
Vol 50 (1) ◽  
pp. 80-100 ◽  
Author(s):  
Li Chunsheng ◽  
Christina W.Y. Wong ◽  
Ching-Chiao Yang ◽  
Kuo-Chung Shang ◽  
Taih-cherng Lirn
Keyword(s):  
Organizational Culture ◽  
Supply Chain ◽  
Financial Performance ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Secondary Data ◽  
Content Type ◽  
Management Culture ◽  
Resource Orchestration ◽  
The Relationship

Purpose Building supply chain (SC) resilience is crucial for business continuity given the ever-changing environmental conditions. Based on the resource orchestration and organizational culture theories, the purpose of this paper is to investigate the business value of SC resilience with the consideration of the roles of internal integration (II) and external integration (EI), risk management culture (RMC) and SC flexibility (SCF). Design/methodology/approach This study investigates how RMC, SCF and intra and interorganizational integration affect the performance of SC resilience. It collects primary and secondary data from 194 manufacturing firms listed in the Taiwan Stock Exchange and Taipei Exchange. Findings Results validate the authors’ hypothesis that RMC, SCF and II improve the financial performance of firms through SC resilience efforts. Research limitations/implications This study uses firms from Taiwan manufacturing industry, which might introduce country and industry bias. Practical implications This study helps managers improve the financial performance of their SC resilience efforts by developing RMC, SCF, II and IE across functions and partner firms. Originality/value This study contributes to the literature by empirically testing the relationship between SC resilience and financial performance, and how the relationship is moderated by RMC, SCF, II and EI based on the theories of organizational culture and resource orchestration.

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