Two innovative financing schemes have emerged in recent years to enable suppliers obtain for production. The first, purchase order (POF), allows financial institutions offer loans by considering the value of orders issued reputable buyers. Under second, which we call buyer direct (BDF), manufacturers issue both sourcing contracts and directly suppliers. Both are closely related supplier’s performance risk (whether supplier can deliver successfully), upon repayment these hinges. To understand...

The outbreak of the coronavirus disease (Covid-19) in January 2020 Wuhan has had a significant impact on Chinese economy, and especially small medium-sized enterprises (SMEs). In February an online questionnaire follow-up interviews were conducted 4807 SMEs Sichuan to assess challenges associated with work resumption policy requirements. It was found that most unable resume because shortage epidemic mitigation materials, inability employees return work, disrupted supply chains, reduced...

Using a panel of credit default swap (CDS) spreads and supply chain links, we observe that both favorable unfavorable shocks propagate through chains in the CDS market. Particularly, three-day cumulative abnormal spread change (CASC) is 63 basis points for firms whose customers experienced up-jump event (an adverse shock). The value 74 if their suppliers event. corresponding CASC values are –36 –38 points, respectively, suppliers, an extreme down-jump (a These effects approximately twice as...

We offer a new network perspective on one of the central topics in operations management—the bullwhip effect (BWE). The topic has both practical and scholarly implications. start with an observation: variability orders placed to suppliers is larger than sales customers for most firms, yet aggregate demand felt by upstream does not amplify commensurably. hypothesize that changes supplier’s customer base can smooth out its demand. test hypothesis data set tracks evolution supply relationships...

As supply chain channels physical, financial, and information flows as well associated risks, a firm's should be helpful in understanding predicting its credit risks. Credit ratings, an approximate but important measure of corporate have been widely used by investors, creditors, partners their decision‐making. This study studies the role companies’ ratings. Using firm‐level supplier–customer linkages rating data, we develop machine learning framework with gradient boosted decision trees to...

Problem definition: The uncertainty around trade and foreign economic policy contributes to supply chain risk. Academic/practical relevance: Whether such will bring some production back the United States or only redistribute global chains among sources is theoretically ambiguous warrants an empirical analysis. In this paper, we study relationship between networks of American firms. Methodology: We use firm-level data, transaction-level shipping container indexes constructed from leading...

The shift to a service-oriented economy has driven traditional product-oriented manufacturing firms integrate various services into their businesses. This study aims provide empirical evidence on how manufacturers’ service offerings impact demand variability and intrafirm bullwhip effects. Through “bag-of-words” text mining 10-K filings of U.S.-listed firms, we propose novel measurement identify annual offered. We validate the measurement’s statistical economic significance verify its...

While global supply chains provide firms with a buffer against local shocks, they expose to multiregional risks. The COVID‐19 pandemic and its differential impact on different regions in the world offer an opportunity explore these effects. We investigate chain risk by focusing credit measured abnormal default swaps (CDS) spreads US–China networks. Our evidence shows that risks propagate through other regions. Using matched sample, we find CDS for Chinese partners increase 12% 13% relative...

An equal employment opportunity (EEO) policy is an essential practice of workplace diversity, equity, and inclusion. Using a novel measure EEO based on the textual analysis online job postings, we show lead–lag pattern between principal customers their dependent suppliers. The leadlag effect more pronounced when enjoy greater bargaining power, consistent with view that suppliers adjust policies to cater customer preferences. We use 2017 Diversity Campaign “Big Three” institutional investors...

Portable communication devices suffer impact-induced failure in usage. The products must pass drop/impact tests before shipment. performance is an important concern product design. Due to the small size of this kind electronic products, it very expensive, time-consuming, and difficult conduct drop detect mechanism identify behaviour. Finite element analysis provides a vital, powerful vehicle solve problem. methodology computer modeling, finite method simulation test validation techniques...

The construction of reservoirs has led to difficult livelihood transitions resettled households after relocation and resettlement, resulting in a series socioeconomic problems. How scientifically integrate regional resource advantages improve the resilience become an important problem be solved prevent resolve social equity justice risks sustainable development. Taking Xiangjiaba Hydropower Station (Yunnan Reservoir area) as example, evaluation index system was constructed from three...

Artificial intelligence (AI) has been increasingly deployed in business operations over the past decade, whereas direct evidence of its effectiveness uncertain contexts is limited. Our work examines contribution AI to corporate resilience under natural disaster shocks, particularly concentrating on AI-using and goods-producing firms. We measure firm investment by cumulative AI-relevant skills extracted from a comprehensive job posting database changes valuation response operational shocks....

Problem definition: Cash flow variability is driven by operational decisions and influences operating performance valuation. Despite this the early role that operations management scholarship had on cash theory, prevailing approaches for managing focus financial remedies. Our research extends set of remedies proposing customer portfolio selective trade credit as hedges reducing variability. Methodology/results: We empirically validate our proposal studying a causal relationship between new...

The complexity and opacity of the network interconnections among firms their supply chains inhibits understanding impact management decisions concerning boundaries firm number intensity its relationships with suppliers customers. Using recently available data on public US firms, this paper investigates effects chain connections performance as reflected in stock returns. finds that structure is closely related to returns at two levels, a first-order effect from direct second-order systemic...

observations of fish sensory organs, tissue structure, functions, and physiological responses aim to reflect behavior, internal mechanisms, generation mechanisms in fish.This method does not allow comprehensive observation fish, which can be destructive their environment could also typically subjective; thus, it is utilized this study.• Underwater -diving photography videography.Direct underwater records behavior habits natural environment.A mass observational data thus describes...

The explosive growth of smart devices and expansion network services drives the flourish mobile applications. Caching popular application at edge, BSs, or APs, which are closer to end users, could significantly improve user experience capacity. To exploit this potential, it is critical understand traffic consumption app usage pattern under BSs in metropolitan area. Mobile big data collected from interfaces facilitates data-driven approach characterizing these features. This article aims...

This paper provides evidence that the formation of global supply chain partnerships leads to an increased usage cross‐border financing. The findings are detected in all three major financing markets—equities, syndicated loans, and public debt. Difference‐in‐differences tests allow us draw a causal interpretation our main findings, which also holds several robustness tests. Our suggest reflects greater ability access financial markets, due enhanced firm visibility investor attention, as well...