scholarly journals Strategic Alliance Pattern Evaluation Model for Taiwan’s Machine Tool Industry: A Hierarchical DEMATEL Method

2022 ◽  
Vol 2022 ◽  
pp. 1-20
Author(s):  
Chia-Chi Sun
Keyword(s):  
Machine Tool ◽  
Strategic Alliances ◽  
Strategic Alliance ◽  
Strategic Behavior ◽  
Structural Model ◽  
Evaluation Model ◽  
Manufacturing Cost ◽  
Machine Tool Industry ◽  
Car Industry ◽  
Long Run

The worldwide machine tool market is anticipated to reach a value of USD 68.9 billion by 2021, from USD 65.6 billion in 2020. This projection is based on the progressive production drop within the car industry, which is the largest customer of machine devices, and supply chain disruption. The machine tool industry in Taiwan faces a severe challenge and has been unobtrusively experiencing an inner reshuffling and innovative transformation. The developing strategic alliances reflect a basic endeavor by numerous firms to improve their specialized capabilities. This study applied the DEMATEL, a suitable method for gathering group knowledge to form a structural model and visualize the casual relationship between subsystems through a casual diagram, revealing that the causal relationships between measurement criteria and the proposed model can provide a viable assessment of the alliance with satisfactory criteria that fit the decision-makers requirements, especially when the assessment criteria are various and interrelated. Financial resources were the strongest factor within the strategic behavior dimension (D1), whereas the minimize manufacturing cost was the foremost basic determinant in the cost perspective (D2). The specialists also demonstrated that obtaining dominant technology was a determinative component within organizational learning (D3). This paper offers proposals for government authorities to plan a machine tools industry strategy for Taiwan and for companies to formulate business directions for long-run advancement.

The Sicilian cooperative system of wine production

2020 ◽  
Vol 32 (3) ◽  
pp. 391-421
Author(s):  
Valeria Borsellino ◽  
Francesca Varia ◽  
Cinzia Zinnanti ◽  
Emanuele Schimmenti
Keyword(s):  
Strategic Alliances ◽  
Strategic Alliance ◽  
Cooperative System ◽  
Agricultural Policies ◽  
Strategic Choices ◽  
Wine Production ◽  
Content Type ◽  
Structural Problems ◽  
Long Run

Purpose The purpose of this paper is to verify whether, besides the traditional organisational models mainly implemented by wine-making cooperatives, more modern and hybrid organisational forms can be profitably applied within an increasingly competitive wine market. Design/methodology/approach The study outlined in this paper deployed a mixed method. Specifically, an archived analysis, a survey and a descriptive case study (including visits, interviews and documentary analysis) were the methodological techniques used in this study, which were “in series but integrated” between themselves. In this paper, the landscape of Sicilian wine cooperatives is described by collating and processing different types of statistical sources, which have been integrated by direct surveys undertaken in 2017. Thereafter, the study focussed on a wine cooperative with a specific business model and a strategic edge by analysing its strategic choices and main structural and governance characteristics. Within this case study, a financial ratio analysis, which was based on 2011-2017 financial statements, was conducted to analyse the profitability, financial balance, capital structure and debt relationships of the wine cooperative. Findings The Sicilian wine cooperative system is still predominantly characterised by partial and vertical integration, implemented by cooperatives which elect to sell mainly bulk wine to wine merchants. In such a context, there is scope for other degrees of integration and strategic inter-firm alliances; the latter includes “vertical quasi-integration”. The study demonstrated how the wine cooperative under investigation is overcoming the structural problems of the regional wine sector and why it is retaining such a strategic alliance with one of the most important Italian wine conglomerates. Indeed, it has acquired greater strength and reliability since its collaboration with the aforementioned wine company. Thus, total revenue and the company’s market share of packaged wine have increased. However, there are still margins for improving sales’ profitability. Research limitations/implications This study has territorial limitations but Sicilian wine cooperatives generally play an important role in the regional, Italian and European wine industries. As such, this research should be considered as an exploratory study, deserving further investigation into different strategic choices within the wine cooperative system by performing cross-case comparisons. Results may also be useful in orienting cooperative strategies in Sicily (or further afield) to small-to-medium wine cooperatives, often lacking specific abilities relating to the distribution, marketing and selling of their wine. Public agricultural policies may also be enlightened by these research pathways. Originality/value The authors contend that their study provides hitherto missing information relating to inter-firm strategic alliances, which wine cooperatives might implement to enhance their competitiveness and survive in the long-run.

Establishment of Process Capability of Machine Centre Driling Using Multiple Regression Analysis

2013 ◽  
Vol 465-466 ◽  
pp. 740-745
Author(s):  
M.A. Rahman ◽  
R.I.F. Elfi ◽  
Abu Bakar Baharudin ◽  
Ali Mokhtar Najib ◽  
Adi Saptari ◽  
...  
Keyword(s):  
Machine Tool ◽  
Regression Model ◽  
Cutting Speed ◽  
Process Capability ◽  
Cutting Parameters ◽  
Work Piece ◽  
Manufacturing Cost ◽  
Drilling Process ◽  
Machining Parameters ◽  
Long Run

Assessment of process capability enables manufacturers to determine if a process produces products that meet customers expectation. Process capability can be beneficial in the long run in producing quality parts with minimum reject and optimum manufacturing cost. This paper proposes a procedure to assess process capability of a machining centers in drilling process using statistical analysis of machining parameters and machine rigidity. Experimental method used mild steel plate as work piece and carbide indexable cutting insert on drill of diameter 20mm. Cutting parameters such as cutting speed and feed rate were varied according to different cutting parameter level while wear in peripheral insert was inspected before and after each test run start. Machine rigidity in terms of vibration acceleration amplitude in x-, y-, and z-axis were measured and analyzed. Process capability index, Cpk of drilled hole accuracy was calculated. A regression model based on this experiment was established for predicting the process capability of machine tool in drilling operation. The established regression model is proven to have high accuracy, which is more than 80%. The validation test was carried out on a different machine tool with the same cutting conditions to check if different machine was adaptable to the regression model. This finding provides useful guidelines for machning operator to predict the process capability of the machine tool in the drilling process.

Design Optimization of Machine-Tool Structures Considering Manufacturing Cost, Accuracy, and Productivity

1984 ◽  
Vol 106 (4) ◽  
pp. 531-537 ◽  
Author(s):  
M. Yoshimura ◽  
Y. Takeuchi ◽  
K. Hitomi
Keyword(s):  
Machine Tool ◽  
Design Optimization ◽  
Structural Model ◽  
Structural Models ◽  
Optimization Method ◽  
Machining Accuracy ◽  
Manufacturing Cost ◽  
Structural Members ◽  
Machine Tool Structures ◽  
Machining Productivity

This paper proposes a multiphase design optimization method using simplified structural models in order to minimize manufacturing cost of machine-tool structures under constraints of machining accuracy, machining productivity, and local deformations of structural members. The manufacturing cost is divided into three components—material cost, welding cost, and machining cost, each of which is minimized in the multiphase optimization process. The method is demonstrated on a structural model of a double-column machine tool.

scholarly journals The Selection of Strategic Alliance in IC Packaging and Testing Industry with DEA Resampling Comparative Evaluation

2020 ◽  
Vol 11 (1) ◽  
pp. 204
Author(s):  
Chia-Nan Wang ◽  
Yi-Chun Peng ◽  
Ming-Hsien Hsueh ◽  
Yen-Hui Wang
Keyword(s):  
Strategic Alliances ◽  
Integrated Circuit ◽  
Comparative Evaluation ◽  
Strategic Alliance ◽  
Evaluation Model ◽  
Success Factor ◽  
Alliance Partner ◽  
Ic Packaging ◽  
Public Data ◽  
Alliance Partners

Merger and acquisition (M&A) cases and the speed of horizontal integration have increased rapidly in the integrated circuit (IC) packaging and testing industry. Therefore, cooperation with suitable strategic alliance partner is a vital success factor for enterprises. This study proposes a “comparative evaluation” model that searches out appropriate strategic alliances on the basis of the resampling model acquired via data envelopment analysis (DEA). The realistic public data of 20 companies was collected from 2015 to 2019 in the IC packaging and testing industry. The super slacks-based measure model was used to evaluate the performance before alliance in the period from 2015 to 2019. The resampling past–present–future model was used to forecast the performance in 2020–2024. Afterward, a future strategic alliance for comparative evaluation of efficiency was established. The results of the alliance were divided into the groups “ineffective” and “effective”. The results show that 11 companies in the “effective” group achieved both improvements and 8 companies in the “ineffective” group achieved only unilateral improvements. The comparison model describes the efficiency of both sides simultaneously, not only from the perspective of the target but also from the perspective of the partner company. The evaluation model proposed in the study enables enterprises to find suitable alliance partners.

Encountering the difficulties of Entrepreneurship: Lesson from Ramayana

2018 ◽  
Vol 4 (02) ◽  
Author(s):  
Dinesh Kumar ◽  
Dr. Jyotirmaya Mahapatra
Keyword(s):  
Goal Orientation ◽  
Strategic Alliances ◽  
Role Model ◽  
Strategic Alliance ◽  
Religious Philosophy ◽  
The People ◽  
Social Cause ◽  
Small Shop ◽  
Definition Of ◽  
Holistic Vision

Scholars could not come to unanimity on definition of entrepreneurship but agreement exist that an entrepreneur should be a natural leader having thorough understanding of the business and visualize the changes and take calculated risk. Skills and abilities required for entrepreneurship are so great and numerous that it is difficult to find persons having entrepreneurship trailts. Most of the entrepreneurs either fail at early stages or unable to expand the business beyond a small shop. A successful entrepreneur in addition to being a visionary and possessing qualities like innovativeness, resilience, perseverance etc. should have the honest belief in self and unflinching faith in ‘Karma’ like ‘Rama of Ramayana’ so that he can face the challenges and pursue the goal with limited resources. Religious philosophy helps the people in developing traits useful in life. Holy books like the Ramayana not just deals with spirituality but management principles hidden in it help an individual to develop entrepreneurship skills and role effectiveness. Primarily, Ramayana is a story and pursuit of the Ramayana does not automatically get translated into entrepreneurship qualities as background was quite different than today’s business scenario. However, Rama, a role-model of Gyan-yog and Karm-yog, can be compared with an entrepreneur who started from scraps like entrepreneur but by linking of his goals with social values and following highest standard of ethics, he could make strategic alliances with Sugriva and Vibheeshana and created Ram and Company and inducted less skilled, less equipped but well dedicated Vanar in army and fought against Ravana (the greatest demon) having well equipped army, to make the earth free from devils and liberate Sita and save the dignity of women (social cause). Principles hidden in the Ramayana show holistic vision and, if followed, by an entrepreneur will help him to establish a successful business model.This article is a modest attempt of exploring attributes of Ram and principles/ methodology adopted by him in his fight against Ravana understood through interpretation of stanzas/ verses mentioned in Ramcharit Manas and correlate them with formation of strategy, goal orientation, strategic alliance, change management etc. ideally required by entrepreneurs to establish and grow his business in modern day competitive scenario.

scholarly journals UPSTREAM VOLATILITY IN THE SUPPLY CHAIN: THE MACHINE TOOL INDUSTRY AS A CASE STUDY

2009 ◽  
Vol 9 (3) ◽  
pp. 239-261 ◽  
Author(s):  
EDWARD G. ANDERSON ◽  
CHARLES H. FINE ◽  
GEOFFREY G. PARKER
Keyword(s):  
Supply Chain ◽  
Machine Tool ◽  
Machine Tool Industry

Measuring intellectual capital in a firm belonging to a strategic alliance

2015 ◽  
Vol 16 (1) ◽  
pp. 174-198 ◽  
Author(s):  
Stefania Veltri ◽  
Andrea Venturelli ◽  
Giovanni Mastroleo
Keyword(s):  
Decision Making ◽  
Expert System ◽  
Intellectual Capital ◽  
Strategic Alliances ◽  
Strategic Alliance ◽  
Empirical Work ◽  
Organizational Level ◽  
Decision Making Process ◽  
Content Type ◽  
Scant Attention

Purpose – The purpose of this paper is to propose a method to measure intellectual capital (IC) in firms involved in strategic alliances, an area that has received scant attention in the literature, as existing research is focused mainly on organizational level mainly and increasingly on macro-level unit such as regions or nations. There are very few works at the meso-level (i.e. alliances, clusters), and the paper aims to fill this void, by providing researchers and practitioners with a tool capable of combining measurement and management aims, developed at organizational level with the active participation of the researchers. Design/methodology/approach – The method of analysis is based on a model formalized through a fuzzy expert system (FES). The FES are able to merge the capabilities of an expert system to simulate the decision-making process with the vagueness typical of human reasoning, maintaining the ability to still have a numeric value as a response. Its construction requires the participation of experts, whose knowledge of the problem is accumulated in the form of blocks of rules. These features make it possible to formalize the decision-making process related to the IC valuation, handling qualitative and quantitative variables, and exploring the cognitive mechanisms underlying this process. Findings – The outcome of the application is a system designed to measure the intangible performance deriving from participation in a strategic alliance using FES. This study contributes to the broadening of the research community’s understanding regarding the alternative measurement of IC created within strategic alliances. Research limitations/implications – To the best of the authors’ knowledge, IC literature lacks methods expressly designed to measure the incremental value of IC originating from collaboration among firms. From a measurement perspective, the results may be regarded as valuable proof that IC performance within strategic alliances can be measured quantitatively. Practical implications – On the management side, the possibility of retracing the determinants of different IC intermediate indicators composing the final IC index allows strategic alliances managers to use this information for decision-making purposes. Originality/value – To the best of the authors’ knowledge this is the first study applying FES to measure IC in a firm belonging to a strategic alliance. In the authors’ opinion, fuzzy logic methodology, recently applied in empirical work designed to evaluate IC, represents a reliable methodology because of the “fuzzy” nature of IC.

Accuracy Synthesis of Redundant Parallel Kinematic Mechanism with Weighted Least Square Method

2012 ◽  
Vol 499 ◽  
pp. 3-8
Author(s):  
Xin You Li ◽  
Wu Yi Chen
Keyword(s):  
Machine Tool ◽  
Conventional Method ◽  
Least Square Method ◽  
Least Square ◽  
Tolerance Allocation ◽  
Manufacturing Processes ◽  
Manufacturing Cost ◽  
Parallel Kinematic Mechanism ◽  
Parallel Kinematic ◽  
Kinematic Mechanism

In order to reduce manufacturing cost, a methodology of accuracy synthesis for machine tool was recommended by combining both machining cost and Least Square method. Weighted coefficients representing the machining difficulty of manufacturing processes were introduced. 3PRS/UPS redundant parallel kinematic mechanism (3PRS/UPS PKM) was taken as an example, and its component tolerances were derived by the proposed method. Comparing with conventional method, the component tolerances were allocated reasonably. A further tolerance allocation for spherical and rotational joints was studied in detail. And hence, the producibility of component was improved and the manufacturing cost was reduced. The results showed that the proposed method was capable of producing tolerance allocations economically and accurately.

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