scholarly journals What Influences the Servitization Process the Most? A Perspective of Polish Machinery Manufacturers

2020 ◽  
Vol 12 (12) ◽  
pp. 5056
Author(s):  
Justyna Kozlowska

The servitization of manufacturing is an increasingly popular way to win market competition and maintain this advantage as well as to ensure more sustainable development of the manufacturing sector. To make this strategy effective, many aspects should be considered. This study mainly aims to identify the most significant factors influencing the process of servitization in the manufacturing sector. An additional research problem that emerged in the research process was aimed at determining the factors perceived by entrepreneurs as more important compared to others, and, correspondingly, the reasons behind such differences of opinion. This article is supported by the results of a literature review, the outcomes of a questionnaire survey (conducted with 150 Polish machinery manufacturers), and the findings of in-depth interviews with experts. In the light of the results of the quantitative research, the most important aspects that determine the servitization process are customer requirements and preferences; economic and financial aspects; added value for the customer and the company; and also the relations, stakeholders and partners of the service processes. More specific determinants, such as long-lasting and stronger relationships, organizational strategy, legal regulations regarding the provision of long-term services, and the economic benefits of service recipients, were indicated by experts as crucial in product–service integration. Also, employees’ competencies were emphasized as vital for extending the service activity of manufacturing companies. The contribution of this study is twofold. First, it identifies the most important aspects for the analysis of a manufacturer starting out on the servitization path. Second, the study reveals differences in the perception of the importance of certain factors that appear to be related to the experience related to the provision of services by machine manufacturers. Hence, some practical guidelines may be drawn for managers of manufacturing companies who plan to extend their service offer.

2021 ◽  
Vol 9 (3) ◽  
pp. 513-520 ◽  
Author(s):  
Mulyaningsih Mulyaningsih ◽  
Tinneke Hermina ◽  
Gugun Geusan Akbar ◽  
Aceng Ulumudin

The purpose of this study is to find answers to the research problem posed, namely the implementation of the long-term cooperation strategy between suppliers and companies through supplier commitment factors with companies and supplier communication with companies that can improve the company's supply chain performance. The populations in this study are suppliers of manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2016-2020. Data were collected using a questionnaire containing questions related to research. Furthermore, in this study a theoretical model was developed by proposing 5 hypotheses to be tested using Structural Equations Modeling (SEM) using AMOS software. The results showed that the function and existence of the antecedents of the Long-Term Cooperation Strategy have a high role in determining Supply Chain Performance. Based on the influence analysis, it can be concluded that Communication has a higher influence on Supply Chain Performance compared to Commitment.


Author(s):  
Mr Jombrik ◽  
Vika Alifta Tamami

This study aims to analyze the effect of institutional ownership and audit committee on audit quality with financial difficulties as a moderation. This research was conducted on Manufacturing Companies in the Consumer and Industrial Goods Sector Listed on the Indonesia Stock Exchange for 2016-2020. The quantitative research method uses secondary data, namely the company's annual report that is the object of research. Analysis of the data used is logistic regression analysis. The results show that the direction of the influence of the institutional ownership variable on audit quality is positive, where institutional ownership has a significant effect on audit quality. Likewise, the direction of the impact of the audit committee on audit quality is positive but does not significantly affect audit quality. The results of the moderation show that Financial Distress can moderate institutional ownership in influencing audit quality. In contrast, after being moderated with the financial distress variable, the audit committee has a negative and significant direction, which means it can moderate the audit committee in influencing audit quality but in the opposite direction.


2021 ◽  
Vol 5 (1) ◽  
pp. 45-56
Author(s):  
Henryk Dźwigoł

One of the obligatory elements of any scientific research is a methodical toolkit, the diversity of which determines the reliability of the obtained results and ability to solve the tasks set in the work. The purpose of the article is to identify the factors defining the scientific research process and affect the quality of the results. The methodological tools of the study include questionnaires and factor analysis (Bartlett’s test for sphericity, KMO test (Kaiser-Meyer-Olkin sampling adequacy measure), and MSA test (sampling adequacy measure)). The object of research is 401 scientists and 196 practitioners in the field of management and quality sciences. The questionnaire for practitioners consisted of four parts. The first part includes general issues about the research process, methods and techniques used in it; the second deals with the importance of using methods and techniques in the scientific research in the field of management and quality sciences; the third – provides questions on improving the quality of research; the fourth is demographic. The questionnaire for scientists consists of three parts. The first part addresses the importance of approaches, processes, methods and techniques in research in the field of management and quality sciences; the second – includes questions on improving the research process; the third is demographic. The results are summarized on a five-point Likert scale. Based on the generalization of practitioners’ answers, the main factor of scientific research is the “concept of the research methodology model”, defined as a measure of the scientific research process effectiveness. The results of the analysis help conclude the need to develop new research methods that can increase its effectiveness by managing, planning, organizing and verifying the research process in the field of management and quality sciences. The factors determining the research process and affecting its quality include constant changes in the market. It necessitates the use of various research methods that can form a holistic basis for empirical analysis. The research process quality means checking the degree of implementation and consistency of the objectives in the article with the research problem and the conclusions in it. For the effective functioning of the research process, it is proposed to develop an “algorithm of behavior” of the researcher, which will (after determining the appropriate gap between research methods and features of the research problem) ensure their coordination and increase the added value of the results.


Author(s):  
Henryk DŹWIGOŁ ◽  

Purpose: The aim of this paper was to verify the necessity of devising a tool, method, procedure of selecting research methods and techniques for the research process, in order to increase the quality and reliability of the conducted research. Design/methodology/approach: Within the scope of the research process a questionnaire was used, which was distributed in two forms to management theoreticians and practitioners. 401 management science theoreticians and 118 management practice representatives were examined. Thus, the research problem was defined as follows: Is it necessary to develop (model, procedure, tool, approach) to the research process? Findings: Conclusions derived from the completed analysis of national and foreign literature on management sciences indicate the need to perform a diagnosis. The diagnosis refers to the development of a procedure for selecting methods and techniques for the sake of research processes in management sciences. The research carried out has identified the methods, procedures and approaches that are most relevant to the research process and its various components in management sciences. This makes it possible not only to determine the extent to which individual methods and techniques are used or combined, but also to identify certain regularities in the perception of the research process in this context and other variables that may influence the relevance of the appropriate choice of methods and techniques for the research process in management science in order to increase the reliability, level and quality of the research conducted. Research limitations/implications: The methodological and method-related correctness of the presented work is confirmed by the answers to the questions included in the questionnaires. They most often highlighted barriers in planning and conducting scientific research, obstacles beyond the methodological ones, mistakes most often made in scientific research in management sciences, the applicability of results to business practice. Practical implications: The conclusions of the research confirm that for the effective operation of the research process, it is necessary to develop a kind of 'behavioural algorithm' that will allow methods to be adapted to the posed research problem, once the gap has been defined, which will result in added value for practice. This is also confirmed by reactions of management practitioners to these statements. 89% of the surveyed practitioners believe that there is a need to develop a model, procedure, tool or approach to support the appropriate selection of methods for the research process.Social implications: In management sciences it is genuinely easy to create ‘new theories’ that are not finally verified. A swift introduction of new, recommended management-related concepts and methods, as well as their rapid rejection resulted in negative organisational changes. It would be difficult to determine the reasons why the applied methods lack effectiveness. Was the failure triggered by an inadequate method used for a management process or by its unskilful implementation. Originality/value: One verified the necessity of devising a tool, method, procedure of selecting research methods and techniques for the research process, in order to increase the quality and reliability of the conducted research. The elaborated methods, procedures or models were verified in practice with the aim of making the research reliable.


2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Syed Najmah Jameel ◽  
Shawkat Ahmad Shah ◽  
Showkat Ahmad Ganaie

The present study is based on a systematic research review. The review of literature is an important component of the research process and should be carried out in an orderly manner. It is also known as the back bone of research study. It involves a systematic identification, location and analysis of documents containing information related to the research problem. The purpose of reviewing literature is to determine what has already done by the scientific community related to the research problem and to gain an impression regarding different aspects of the topic understudy. The major objective of the current study is to conduct a systematic review on Perceived social support and resilience among orphans. To go ahead with this goal, it was very important to collect the literature on; (A). Orphans (B). Perceived social support among orphans. (C). Resilience among orphans.


Author(s):  
Mohamed Ahmed Darwish Abdulla Larii ◽  
◽  
Fatma Ahmed Lari ◽  
Mohamed Ahmed Darwish Abdulla Lari ◽  
◽  
...  

This study intends to find out the mediating effect of organisational culture on the relationship between information system and sustainable performance of manufacturing sector in UAE. This study used AMOS-SEM software to develop mediation model that linking the mediating relationships between Information System, Organisational Culture and Sustainable operation Performance. Data was collected through questionnaire survey among the operation staff of Abu Dhabi manufacturing companies. A total 250 questionnaires were distributed however 205 were returned and only 200 are valid which indicates a response rate of 80%. The analysis found that TPS has positive but not significant effect to SP; OIS has positive but not significant effect to SP; FMW has a positive and significant effect on SP; SDS has a negative and not significant effect to SP and SP has positive but not significant effect OC. For the path relationship between the four exogenous variables (TPS, OIS, SDS, and FMW) and the mediator variable (OC), the results are TPS has positive and significant effect to OC; OIS has positive but not significant effect to OC; FMW has positive and significant effect to OC and SDS has positive and not significant effect to OC. Collectively, the five exogenous constructs (TPS, OIS, SDS, FMW and OC) explained 89% variation in operational performance and 86% of the variation in organisational culture. However, for a mediator, it was found that OC has no significant mediating effect on the relationship between TPS and SP; OC has no significant mediating effect on the relationship between OIS and SP; OC has no significant mediating effect on the relationship between SDS and SP and OC has no significant mediating effect on the relationship between FMW and SP. it can be concluded that there is a positive relationship between information system dimensions and operational performance. However organizational culture has no contributing any mediating effect to the relationship. These findings have contributed to the body of knowledge and could be shared among the UAE manufacturing practitioners.


2019 ◽  
pp. 33-41
Author(s):  
V. L. Harutyunyan ◽  
S. V. Dokholyan ◽  
A. R. Makaryan

The presented study discusses the issues of applying the Common Customs Tariff (CCT) rates of the Eurasian Economic Union (EAEU) on rough diamonds and the impact thereof on the exports of stones cut and polished inArmeniaand then exported toRussia.Aim. The study aims to identify the possible strategies Armenian diamond cutting and polishing companies could adopt as a response to the application of the CCT rates on rough diamonds and how it would affect exports to various destinations, namely to Russia.Tasks. The authors analyze the current state of the gems and jewelry sector and substantiate the need to either integrate it into the jewelry manufacturing sector or to apply various strategies to facilitate exports to either Russia or other destinations in the medium term in response to the application of the CCT rates.Methods. This study uses general scientific methods of cognition, including analytical and methodological approaches and elements of forecasting. Possible strategies the Armenian diamond cutting and polishing companies could adopt in the medium term in response to the application of the EAEU CCT rates are determined using the analytical research method, forecasts in the context of the developments in the Armenian gem processing and jewelry market and global trends, statistical data on the imports and exports of cut and polished gems and jewelry for 2014–2018 published by the UN Comtrade Statistics.Results. Statistics on the exports of processed diamonds from 2014 to 2018 highlights the issue associated with the loss of competitiveness suffered by Armenian companies (mainly in comparison with Indian diamond cutters). The major global trends in the diamond cutting and polishing business indicate that it could be virtually impossible for Armenian cutters and polishers to compete with Indian companies in the medium term if they do not comes to investing in new technology to achieve operational efficiency. For these companies, it is important not to lose the Russian market due to an increase in the tariff rate and concentrate on the processing of gems that are larger than 1 carat. Another strategy to avoid an increase in the customs tariff rates would depend on the Armenian government’s ability to negotiate with Russia in respect of direct imports of diamond stones from Russian manufactures. Two other options for Armenian cutters involve focusing on cutting and polishing of rubies, sapphires, emeralds, etc. or integrating into the jewelry sector either by being the primary supplier or by considering this business as a channel to sell processed diamond stones by setting up their own jewelry manufacturing companies.Conclusions. With CCT going into effect in January 2021 and India’s dominant role in the diamond cutting and polishing business, Armenia needs to carefully consider all of the strategies the Armenian companies could adopt, as discussed above. As a member state of the EAEU, Armenia freely exports to Russia, however, further exports to Russia would depend on Armenia’s ability to ensure that cost-effective operations are in place, or to concentrate on the processing of precious gems rather than diamonds, or to switch to the manufacturing of jewelry items as a major export item.Practical Implication. The findings of this study could be of interest to the Ministry of Economy of the Republic of Armenia and Business Armenia that could be used in elaborating the strategy for the development of Armenian gems and jewelry sector of the economy.


2019 ◽  
Vol 2 (2) ◽  
pp. 118-146
Author(s):  
Triana Meinarsih ◽  
Abdul Yusuf ◽  
Muhammad Zilal Hamzah

Audit delay and timeliness are important factors that influence the quality of accounting information in term of relevance. This study provides empirical evidence to answer the question of how bankruptcy possibility impacts on audit delay and timeliness.  This research studies manufacturing firms listed in Indonesian Stock Exchange (IDX) in the period of 2012-2016. Data are taken from official website of IDX. This study is a quantitative research that seek to find out relationship between independent variable and dependent variable. External secondary data used are annual reports accessed from IDX website. Measurement used is Z-Score Altman model prediction, while simple linear regression is employed as technical analysis. This study finds that bankruptcy possibility which is measured by ZScore is negatively influence audit delay and timeliness. Any decrease of Z-Score shows the possibility of a company experience bankruptcy and therefore causes audit delay and timeliness.


Minerals ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 463
Author(s):  
Ivan Janotka ◽  
Pavel Martauz ◽  
Michal Bačuvčík

In addition to the known uses of natural clays, less publication attention has been paid to clays returned to the production process. Industrially recovered natural clays such as bricks, tiles, sanitary ceramics, ceramic roofing tiles, etc., are applicable in building materials based on concrete as an artificial recycled aggregate or as a pozzolanic type II addition. In this way, the building products with higher added value are obtained from the originally landfilled waste. This paper details the research process of introducing concrete with recycled brick waste (RBW) up to the application output. The emphasis is placed on using a RBW brash as a partial replacement for natural aggregates and evaluating an RBW powder as a type II addition for use in concrete. A set of the results for an RBW is reported by the following: (a) an artificial RBW fine aggregate meets the required standardized parameters for use in industrially made concrete, (b) a RBW powder is suitable for use in concrete as industrially made type II addition TERRAMENT showing the same pozzolanic reactivity as a well-known and broadly used pozzolan-fly ash, and (c) such an RBW as aggregate and as powder are, therefore, suitable for the production of industrially made TRITECH Eco-designed ready-mixed concrete.


2021 ◽  
Vol 4 (3) ◽  
pp. 626-640
Author(s):  
Nur Anisa ◽  
Sri Hermuningsih ◽  
Alfiatul Maulida

This study aims to examine the effect of firm size, leverage, dividend policy and profitability on firm value in the study of manufacturing companies in the food and beverages sector. This research uses quantitative research. The technique used in sampling is the purposive sampling method, namely the selection of samples is carried out with predetermined criteria. So that as many as 35 data were obtained from 7 food and beverages companies listed on the IDX during the 2016-2020 period. The data analysis method used is multiple linear regression analysis using the SPSS version 23 program. Based on the results of the study, it shows that: (1) firm size has no effect on firm value, (2) leverage has a negative and significant effect on firm value, (3) dividend policy has no effect on firm value, (4) profitability has a positive and significant effect on firm value. Keywords: firm size, leverage, dividend policy and profitability.


Sign in / Sign up

Export Citation Format

Share Document