{"title":"Unstructured Coordination: The Effect of Making Short-Term Adjustments in a Warehouse Network","authors":"Kedong Chen, H. Su, K. Linderman, William Li","doi":"10.2139/ssrn.3720873","DOIUrl":"https://doi.org/10.2139/ssrn.3720873","url":null,"abstract":"This research studies unstructured coordination in a network of warehouses that serve online retailers. Unstructured coordination occurs when warehouse agents make autonomous coordination decisions using their local market knowledge to coordinate with other warehouses. Coordination in this context involves transshipments between warehouses to re-position inventory in the network. Warehouses can engage in scale coordination where they do a lot of coordination with a few particular warehouses or scope coordination where they coordinate with a lot of different warehouses. The relative benefits of these strategies depend on the level of uncertainty that a warehouse faces, specifically demand uncertainty and product variety. Econometric analysis shows that scale coordination improves warehouse inventory performance, but scope coordination reduces performance. Demand uncertainty and product variety amplify both effects of scale and scope coordination on warehouse inventory performance. A post-hoc analysis examines the effect of unstructured coordination on the inventory performance of the overall warehouse network. The results show that network density does not improve overall network inventory performance, but network centralization does. That is, merely engaging in unstructured coordination does not improve overall network performance, but the underlying structure of how warehouses coordinate with one another improves network inventory performance.","PeriodicalId":233250,"journal":{"name":"ORG: Other Interorganizational Networks & Organizational Behavior (Topic)","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125141430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Inter-Firm Relationships and Leverage Adjustment","authors":"Kazuo Yamada","doi":"10.2139/ssrn.2067775","DOIUrl":"https://doi.org/10.2139/ssrn.2067775","url":null,"abstract":"This paper investigates the impact of inter-firm relationships on a firm’s incentive to adjust its capital structure. We predict that firms with tight business relationships with other firms have less incentive to adjust their capital structure because their information will be propagated through the inter-firm relationships and they will be able to seek assistance if they have problems with liquidity. Using a Japanese dataset and constructing three measures of inter-firm relationships, we find that the adjustment speed of firms with tight relationships is slower than that of those without such relationships. Lastly, we explore whether deregulation in the financial markets stimulates the adjustment speed and find that the speed increased after series of deregulations of the Japanese stock market. Overall, these results are consistent with our prediction that inter-firm relationships affect a firm’s incentive to adjust its capital structure.","PeriodicalId":233250,"journal":{"name":"ORG: Other Interorganizational Networks & Organizational Behavior (Topic)","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114278721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The keiretsu in Asia: Implications for Multilevel Theories of Competitive Advantage","authors":"Mike W Peng, Seung-Hyun Lee, Justin Tan","doi":"10.2139/ssrn.1554668","DOIUrl":"https://doi.org/10.2139/ssrn.1554668","url":null,"abstract":"Much of our understanding of competitive advantage draws upon the experience of Western firms. Massive Japanese investment in an effort to replicate keiretsu (interfirm) networks in Asia since the 1980s presents fertile grounds to shed new light on the sources of competitive advantage. Building on such an experience, this article develops a multilevel perspective focusing on how competitive advantage is preserved and strengthened for firms, networks, and nations involved. Its hallmark is careful attention to levels of analysis by (a) spelling out the attendant assumption of homogeneity among keiretsu member firms, (b) explaining the basis of such an assumption, (c) exploring alternative assumptions, and (d) drawing upon diverse subtopics within the strategy literature.","PeriodicalId":233250,"journal":{"name":"ORG: Other Interorganizational Networks & Organizational Behavior (Topic)","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2001-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125127391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}