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Companies of the engineer-to-order (ETO) business face various trends such as digitalization and globalization. These trends will radically impact our ways of engineering. The Engineering framework translates Dave Snowden's Cynefin framework [2] to the engineering world. Cynefin for Engineers allows structuring future ways of engineering and guiding ETO companies along their transformation of engineering...
This paper addresses the disruption problem caused by the request changes of customers in a predetermined vehicle distribution plan. In this paper, vehicle routing problem with simultaneously pickup and delivery (VRPSPD) is considered. Based on the idea of disruption management, the impacts of disruption issues on both cost and service time were analyzed. A disruption management model was established...
Our work proposes that the understanding of the relationship between communication and power structures is fundamental in teaching, learning and improving communication skills and, conversely, learning and improving communication skills enables people to become more aware of how power is operating in a given environment. Using situated observation in the workplace, our study investigates how pieces...
Business Models (BMs) are in focus of research and practice for many years. These are representations of an organisation's business activities that intercede between business processes and strategy. Typically, industries that are supported by or based on information technology are in the focus for setting up BMs as dynamic business environments require such anchor points. Business Model Representations...
Despite the fact that one of the main goals of corporate venture capital (CVC) investments in high-tech industries is to gain a window on future technologies, the relationship between CVC investments and strategies used to acquire technologies in the markets, such as licensing, has not been adequately explored. To address this gap, we build on the real option literature suggesting that CVC investments...
Due to significant economies of scale, the capital-intensive involved and government regulations that still don't rule a perfect competition environment, the power generation industry is usually organized as a market with oligopolistic competition. In this type of market structure, participating agents implement different strategies or games to exercise market power in order to increase their profits...
The Brazilian power system is a hydrothermal system mainly composed of hydroelectric generation. In order to deal with the uncertainties related to future water inflows a hydroelectric power plant receives an assured energy certificate. In general, those assured energy certificates correspond to energy that each plant can produce considering a 5% risk of energy not supplied. Also, they represent the...
Competitive strategy should fit well with the focal firm's market position. This study extends this line of research to include a firm's technology positioning by considering market position at the industry level. Two inter-firm cooperative strategies considers equity-base (joint ventures) and non-equity alliances as effecting factors. The data file obtains that patent, inter-firm cooperative agreements,...
In the current economic environment characterized by doubt and uncertainty the change is constant and those responsible for the organizations must be prepared to respond quickly and assertively to the challenges they face. Internal auditing activity can play a relevant role by providing information that may allow those in charge to decide with more knowledge. Hence this research evaluates the contribution...
We study structural breaks in the emission allowance price process of the European Union Trading System during Phase Π and Phase III, covering years from 2008 to 2016. There is indeed a structural break between the Phase II and Phase III. However, there are several regimes within each of these phases. We find that the high-volatility regimes are usually the regimes with negative average returns, whereas...
Technology plays an important role in company competitiveness and, like any other sources of competition, needs to be managed from a strategic point of view. Therefore, technology is integral to how it is selected and prioritized to support the company strategic objective. The information characteristics for strategic decisions are ad hoc, forward looking, external and wide scoped. In addition, new...
The paper analyzes the existing methods and approaches to correcting bases of fuzzy rules of decision support systems (DSS). There was developed and implemented a two-stage method of fuzzy rule base correction for hierarchically-organized DSS with discrete logic output at variable structure of input vector. The appropriate method interactively provides reduction of database rules structure and correction...
Startups face a dynamic environment and need to overcome several challenges in order do become successful. One of these challenges is related to the software requirement process. Since the customer is often unknown in a startup, the development team must find a strategy to avoid developing features that will not meet customers needs. This work presents the application of the customer development process...
Internet marketing is a system of new marketing media system that has been common to be used nowadays by the micro, small, and medium enterprises (SMEs), which is considered to fulfill customer's needs and building relationship or engagement with the customer and also can make a wider market or even globally, resulting in a profit for the company, However, the dynamics of the customer user behavior...
An increasing need to improve efficiency have been enforcing buyer companies to give more attention on their supplier. As one critical task within the company's supply chain management system, a proper supplier selection mechanism not only results in a more reliable and long term supplier-buyer partnership, but also provides opportunities to reduce various costs and realizes stable production. However,...
Companies of the engineer-to-order (ETO) business face various trends such as digitalization and globalization. These trends will radically change the way of working in engineering. First, this paper carves out four basic categories of engineering in the ETO business — ‘Easy Engineering’, ‘Zero Engineering’, ‘Perfect Engineering’ and ‘Pioneer Engineering’ — and describes their distinctive characteristics...
The usage of modern methods in innovation project management is a driving force of innovation system development. To maintain cognitive economy systematic development in Russian Federation it is necessary to select the management type for innovative project: process management, project management or traditional management. The usage of enterprise information systems solves many problems that occurs...
This study is to explore and assess the investment decision-making of the aesthetic medicine industry in light of uncertain revenues and project investment risks when handling multinational joint ventures. The net present value method is employs to analyze the different strategies used in each decision node of two stages by adopting the state cash flow value and the extended binomial opinions; the...
This paper focuses on the use of inventory models to control the material flow and purchased inventory items in manufacturing companies. The objectives of this paper are to assess the effects of demand uncertainty on inventory management and to evaluate the difference on uncertain demand subject to demand controls as determined and the models used. Three inventory management models are studied; the...
The production planning and control process is performed within complex and dynamic organizations made up of customer expectations, equipment, materials, people, information, and technologies. Changes in both internal and external factors can create a variety of unforeseen events, which make initial plans unfeasible or obsolete during production execution. How to effectively handle the unscheduled...
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