Thi Yen Pham , Ngoc Cuong Truong , Phung Hung Nguyen , Hwan-Seong Kim
{"title":"The fuzzy MCDM for container terminal choice in Vietnam from shipping lines’ perspective based on cumulative prospect theory","authors":"Thi Yen Pham , Ngoc Cuong Truong , Phung Hung Nguyen , Hwan-Seong Kim","doi":"10.1016/j.ajsl.2024.06.003","DOIUrl":"10.1016/j.ajsl.2024.06.003","url":null,"abstract":"<div><p>This study aims to assess the container terminal choice from the perspective of shipping lines. The method incorporates the technique for order of preference by similarity to the ideal solution (TOPSIS) under fuzzy environmental conditions, the analytic hierarchy process (AHP), and cumulative prospect theory (CPT) to address the problem while accounting for both quantitative and qualitative criteria as well as the risk attitude of the decision-makers. This paper evaluates six container terminals in Vietnam as a case study to illustrate the feasibility of the proposed approach. A summary of the assessment of shipping lines shows that operational efficiency is the most crucial criterion for the terminal’s choice; the Cat Lai terminal is considered the most appropriate terminal in Vietnam. In addition, prospect parameters have an impact on the best alternative. The findings could offer valuable insights for container terminal operators to enhance their competitiveness. Simultaneously, liner shipping companies stand to benefit by making informed and strategic decisions in their port selection processes.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 3","pages":"Pages 147-156"},"PeriodicalIF":3.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000257/pdfft?md5=50c21b5e9a225a6a42c032fdb9dd2713&pid=1-s2.0-S2092521224000257-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141694449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Feng Liu , Yanling Yu , Yongchun Fang , Minghao Zhu , Yangyan Shi , Shufeng (Simon) Xiao
{"title":"Lean strategy in SMEs: Inventory leanness, operational leanness, and financial performance","authors":"Feng Liu , Yanling Yu , Yongchun Fang , Minghao Zhu , Yangyan Shi , Shufeng (Simon) Xiao","doi":"10.1016/j.ajsl.2024.02.003","DOIUrl":"10.1016/j.ajsl.2024.02.003","url":null,"abstract":"<div><p>Lean strategy, aimed at optimizing resources, minimizing energy usage, and achieving zero waste in the production process, has been increasingly embraced to reduce systemwide costs in manufacturing. However, practitioners in small and medium-sized enterprises (SMEs) often lack the necessary expertize to implement lean strategies successfully. This study systematically examines the impact of lean strategy on the financial performance of Chinese SMEs. Specifically, we categorize lean strategy into two components: inventory leanness and operational leanness. We introduce a novel measure, the empirical production leanness indicator (EPLI), to quantify systematic production practices aimed at waste reduction. Drawing on a large sample of SMEs, our empirical findings suggest that both inventory leanness and operational leanness exhibit an inverted U-shaped relationship with an SME’s financial performance. In conclusion, this study contributes to the lean literature and offers significant practical implications for SMEs seeking to benefit from adopting lean strategies.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 109-117"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000075/pdfft?md5=4859e07fb17d91fd52b4e606caf854ce&pid=1-s2.0-S2092521224000075-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140269683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of sustainable development goal orientation on supply chain collaboration and sustained competitive advantage: Evidence from the tea and coffee industry","authors":"Benjenop Buranasiri , Po-Lin Lai , Suhan Woo , Pairach Piboonrungroj","doi":"10.1016/j.ajsl.2024.01.004","DOIUrl":"10.1016/j.ajsl.2024.01.004","url":null,"abstract":"<div><p>According the Resource Based View (RBV) theory and the sustainable development goals (SDG) framework, this study investigates the structural relationships between sustainable development goals, supply chain collaboration, and sustained competitive advantage. Data were collected from a survey of 359 firms in Thailand's coffee and tea supply chains and analyzed using structural equation modeling. The findings show that partnership is the most influential aspect of the SDG, whereas resource sharing is the most influential aspect of supply chain collaboration. Findings also show that supply chain collaboration has more influence than capability to enhance sustained competitive advantage. This research sheds light on the linkage between sustainable development goals and supply chain collaboration and capability, which affects the firm's sustained competitive advantage.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 83-88"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S209252122400004X/pdfft?md5=2e0d95c1235a38802825974728e624cf&pid=1-s2.0-S209252122400004X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140272559","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The effects of trust and communication on flexibility and customer relationships between port logistics firms and shippers","authors":"Hee-Sung Bae","doi":"10.1016/j.ajsl.2024.02.004","DOIUrl":"10.1016/j.ajsl.2024.02.004","url":null,"abstract":"<div><p>The objective of this study is to examine the effects of trust and communication on flexibility and customer relationships between port logistics firms and shippers. In order to achieve this objective, the study collected questionnaires from 238 port logistics firms and conducted analyses. The results are as follows: First, the trust of port logistics firms has a positive effect on both flexibility and customer relationships. When there is a high level of mutual trust between port logistics firms and shippers, the firms can provide flexible services and work towards a common goal by sharing information and resources based on a strong understanding. Second, port logistics firms that engage in frequent communicate with shippers are more likely to provide flexible services. By exchanging information with shippers, port logistics firms can establish service processes that align with the specific needs of the shippers, ultimately leading to the provision of superior services. Third, the flexibility of port logistics firms enhances customer relationships with shippers. By offering flexible services, port logistics firms can build strong relationships with shippers and work together towards common goals. Fourth, trust and communication of port logistics firms further reinforce the relationship between flexibility and customer relationships. When there are trust and effective communication between the firms and shippers, the positive effect of flexibility on customer relationships is amplified.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 118-125"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000087/pdfft?md5=7ba81c0a8cb826e809be738acfa168c0&pid=1-s2.0-S2092521224000087-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140279057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of green logistics on Vietnam's regional trade","authors":"Mai Ngoc Tran","doi":"10.1016/j.ajsl.2024.04.001","DOIUrl":"10.1016/j.ajsl.2024.04.001","url":null,"abstract":"<div><p>This study investigates the impact of green logistics on Vietnam's regional trade within the frameworks of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP), Association of Southeast Asian Nations (ASEAN), and Asia-Pacific Economic Cooperation (APEC) from 2007 to 2020. Employing a newly formulated Green Logistics Performance Index (GLPI) derived through Principal Component Analysis (PCA), the research assesses how sustainable logistics practices influence trade performance. An extended gravity model is utilized to analyze the impact of green logistics across different regional trade agreements. The findings suggest that improved green logistics correlate positively with enhanced trade outcomes, highlighting the dual benefits of sustainability efforts in the environmental and economic realms. The study contributes to the limited empirical research on the intersection of green logistics and trade in Vietnam, offering a methodological approach for future analyses in this field. It provides valuable insights for businesses and policymakers aiming to align economic growth with sustainability objectives.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 126-132"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000166/pdfft?md5=9c16ef440e2dc50d9688ca72d980b16f&pid=1-s2.0-S2092521224000166-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141035025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Young-Seo Choi, Maria Listan Bernal, Stanislav Tsymzhitov, Gi-Tae Yeo
{"title":"Assessing airport efficiency in the Sakha Republic: A DEA-SBM analysis","authors":"Young-Seo Choi, Maria Listan Bernal, Stanislav Tsymzhitov, Gi-Tae Yeo","doi":"10.1016/j.ajsl.2024.02.002","DOIUrl":"10.1016/j.ajsl.2024.02.002","url":null,"abstract":"<div><p>In the Sakha Republic, aviation serves as the sole mode of year-round transportation, which is crucial for overcoming logistical challenges in remote areas of the region. This study utilizes DEA-SBM analysis to assess the efficiency of 21 airports in addressing issues within the Sakha Republic’s airport infrastructure. The study revealed that six airports achieved the highest efficiency score: Batagay Airport, Chulman Airport, Deputatsky Airport, Ust-Kuyga Airport, Ust-Nera Airport, and Yakutsk Airport. The findings highlight the potential of DEA-SBM analysis for airport operators and managers to evaluate input and output levels for enhanced operational efficiency.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 103-108"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000063/pdfft?md5=03cde1a2312f43a613aab27f3634ca71&pid=1-s2.0-S2092521224000063-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140271027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sunghwa Park , Janghan Kwon , Hanna Kim , Heeyoung Ryu , Taeil Kim
{"title":"Effect of macroeconomic shocks on the shipping market: Focusing on COVID-19 pandemic","authors":"Sunghwa Park , Janghan Kwon , Hanna Kim , Heeyoung Ryu , Taeil Kim","doi":"10.1016/j.ajsl.2024.02.001","DOIUrl":"10.1016/j.ajsl.2024.02.001","url":null,"abstract":"<div><p>This study examines the effect of macroeconomic shocks on the shipping market using time-series data by comparing the periods of the COVID-19 and traditional crises. A structural vector autoregressive model and forecast scenario were applied for the analysis. The results can be summarized as follows. First, the response of freight rates to macroeconomic shocks in the shipping market was consistent with the theoretical predictions. Second, the freight rates were the most affected by VIX shock during the global financial crisis, by fleet development shock during the period of overbuilt shipping capacity, and by the oil price during the periods of instability in the oil market. In particular, we found that businesses recovered more quickly from the shock during the COVID-19 compared to other periods, implying that the uncertainty had a greater influence than real economic factors during the pandemic. Finally, forecast scenario analysis showed that freight rates fell sharply immediately after the global financial crisis and during COVID-19 but the pace of recovery was faster during the COVID-19 than the global financial crisis. This study is significant as it empirically shows that the main factors affecting the shipping market and its transition process differ according to the characteristics of episodes.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 2","pages":"Pages 89-102"},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000051/pdfft?md5=e4cadf9a6995b133da79af9ec307b165&pid=1-s2.0-S2092521224000051-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140275991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Decky Octaviansyah , Erika Buchari , Joni Arliansyah, Nobel Nawawi
{"title":"Multi-criteria analysis as a method for selecting the best route of hinterland connections: Case study in South Sumatra, Indonesia","authors":"Decky Octaviansyah , Erika Buchari , Joni Arliansyah, Nobel Nawawi","doi":"10.1016/j.ajsl.2023.12.002","DOIUrl":"10.1016/j.ajsl.2023.12.002","url":null,"abstract":"<div><p>Container Terminal Port of Boombaru is a Port that serves goods in container’s shape for shipping, and it is located in Palembang, South Sumatra Province. The results of the projections show that the growth rate of Berth occupancy at the Boombaru Port container terminal is very significant, which is 43.33% in year 2018–2019 and by 2030 it is predicted to be maximum. The port progress factor is determined by the support of hinterland connection, route infrastructure conditions as the main corridor. In overcoming goods distribution problems, which often hampers the port operational performance process due to the long waiting time for ships at the port to wait for heavy transportation vehicles in Boombaru port. The aim, of this study is to find the best selected road from various criteria, such as land use, accessibility, pavement structure, and road geometrics. The method that has been used in this study is Multi Criteria Analysis (MCA). The results show that highest weighted value for successive criteria, namely 3.795 for Geometric, 3.787 for Land Use, 3.521 for Pavement Structure, and 3.157 for Accessibility. Overall, the results show that the best selected route is route B, borderline with Lampung-OKU-Prabumulih- Indralaya-Palembang. The advantage of this route B is because it avoids urban congested area, and it has easy access to industrial area, distribution Centre, warehouses and Ports. Thus, it is less fuel consumption and less gas emission.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 1","pages":"Pages 22-29"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521223000597/pdfft?md5=7aad0df199d7dd913dbd88677abf984a&pid=1-s2.0-S2092521223000597-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139453764","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Seok-Hwan Jeong, Young-Seo Choi, Maria Listan Bernal, Gi-Tae Yeo
{"title":"Analysis of obstacles to lowering demurrage at grain terminals in South Korea","authors":"Seok-Hwan Jeong, Young-Seo Choi, Maria Listan Bernal, Gi-Tae Yeo","doi":"10.1016/j.ajsl.2023.12.003","DOIUrl":"10.1016/j.ajsl.2023.12.003","url":null,"abstract":"<div><p>This study aimed to analyze the obstacles to lowering demurrage at a grain terminal. After conducting in-depth interviews with working-level staff in grain terminal, 12 factors were selected to derive key factors for reducing demurrage. The Consistent Fuzzy Preference Relations methodology, which can extract experts’ knowledge and experiences, was employed to rank the obstacles in lowering demurrage. The analysis showed that the number one factor was “inventory requirements of grain shippers” (with an importance of 0.097), followed by “capacity of storage facilities” and “port congestion” as the second and third factors, respectively. As for sub-factors, “climate (e.g., typhoon, rain, etc.)” and “ship size” were ranked 11th and 12th, respectively. The analysis indicates that experts recognized factors that can be changed by shippers and that are difficult to control as more important obstacles than cost-related factors. The findings of this study provide the working-staff of ports, grain terminals, and the government implications for reducing demurrage.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 1","pages":"Pages 30-35"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521223000603/pdfft?md5=2f44e527949902dfade755e98f464911&pid=1-s2.0-S2092521223000603-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139632921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Kyonghan Lee , Junhong Kim , Janghan Kwon , Jiho Yeo
{"title":"Maritime supply chain risk sentiment and the korea trade volume: A news big-data analysis perspective","authors":"Kyonghan Lee , Junhong Kim , Janghan Kwon , Jiho Yeo","doi":"10.1016/j.ajsl.2024.01.001","DOIUrl":"10.1016/j.ajsl.2024.01.001","url":null,"abstract":"<div><p>This study aims to develop an index for assessing Maritime Supply Chain Risks (MSCRs) capable of preemptively detecting potential crises in the container market and validating the predictive power with Korean container volumes. By employing Lexicon-based text analysis, we scrutinized 174,271 headlines from key maritime and port news from 2004 to 2023 to formulate MSCRs index. Further, the application of a VAR model elucidates the maritime container supply chain market's response to sentiment shocks. Our findings reveal that an integrative sentiment index (MSCRs), considering both maritime and port sectors, possesses higher predictive accuracy than when these sectors are examined individually. Although the shock response of the index is temporary, it exerts a more gradual impact on transshipment throughput.The results of this study underscore the substantial influence of sentiment shocks stemming from maritime transportation news. The constructed MSCRs index emerges as a significant predictive variable for the Korean maritime transportation market. This sentiment index is anticipated to assist government, port authorities, and shipping companies in policy and managerial decision-making, offering enhanced foresight and response mechanisms to navigate and mitigate potential crises.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"40 1","pages":"Pages 42-51"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000014/pdfft?md5=24ef29ccde7f8e8972aefe2d7125bd24&pid=1-s2.0-S2092521224000014-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139638380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}