The impact of quality management on inventories in commercial enterprises operating within group purchasing organizations
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Received July 2, 2019;Accepted August 20, 2019;Published September 9, 2019
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DOIhttp://dx.doi.org/10.21511/ppm.17(3).2019.29
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Article InfoVolume 17 2019, Issue #3, pp. 362-369
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Cited by3 articlesJournal title: RisksArticle title: Inventory Management in SMEs Operating in Polish Group Purchasing Organizations during the COVID-19 PandemicDOI: 10.3390/risks9040063Volume: 9 / Issue: 4 / First page: 63 / Year: 2021Contributors: Grzegorz Zimon, Vitalina Babenko, Beata Sadowska, Katarzyna Chudy-Laskowska, Blanka GosikJournal title: International Journal of Information Systems and Supply Chain ManagementArticle title: Research on Logistic Warehouse Scheduling Management With IoT and Human-Machine InterfaceDOI: 10.4018/IJISSCM.305846Volume: 15 / Issue: 4 / First page: 1 / Year: 2022Contributors: Lanjing Wang, Alfred Daniel J., Thanjai VadivelJournal title: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICSArticle title: Management Strategies of Working Capital in Polish Services Providing CompaniesDOI: 10.37394/23207.2020.17.24Volume: 17 / Issue: / First page: 225 / Year: 2020Contributors: Grzegorz Zimon
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Inventory management costs are often high and it is necessary to introduce appropriate methods that cause their optimization. For this purpose, various types of methods supporting logistic processes are introduced. Joint activities within group purchasing organizations are also popular. Companies gain a possibility to reduce costs, in addition, when enterprises introduce appropriate quality management systems, the process of cost optimization and an improvement of inventory management efficiency should be even more visible. The purpose of this article is to analyze the impact of standardized quality management systems on inventory management. The research was conducted on a group of 68 enterprises operating in commercial group purchasing organizations. The enterprises were divided into two groups: into the companies using quality management systems and into those that do not use such systems. The analysis showed that the most frequently standardized quality management systems were used by large enterprises and the results of inventory management efficiency were at a similar level as compared to small units that do not apply quality management systems. The analysis based on selected financial indicators allows concluding that the introduction of quality management systems improves the efficiency of inventory management. The introduction of such systems allowed large enterprises to organize their warehouse management and reduce stocking reserves, which positively influenced the costs of managing them. The research period covers the years 2015–2017.
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JEL Classification (Paper profile tab)M21, P13, G30
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References30
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Tables6
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Figures1
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- Figure 1. Functioning of warehouses in a commercial group purchasing organization
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- Table 1. Average results for the inventory share ratio in the analyzed enterprises
- Table 2. Average results for the inventory turnover ratio in days in the analyzed enterprises
- Table 3. Average results of inventory in the analyzed enterprises
- Table 4. Average results for the financial liquidity ratio in the analyzed enterprises
- Table 5. Average results for the quick ratio in the enterprises analyzed
- Table 6. Values of correlation coefficients for selected ratios
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The role of total quality management in enhancing the quality of private healthcare services
Problems and Perspectives in Management Volume 18, 2020 Issue #2 pp. 64-78 Views: 2835 Downloads: 2581 TO CITE АНОТАЦІЯThe study aims to explore the role of total quality management (TQM) in enhancing the service quality of the private healthcare sector in the Northern Area of West Bank Palestine. The study involves a questionnaire-based survey, private hospitals, and healthcare centers selected in North West Bank. The administrative employees are the population of the study, 200 employees were selected via stratified sampling method. By using the Structural Equation Modeling (SEM), the findings show that all TQM factors are positively and directly related to each other in the private healthcare sector. There is a positive and direct relationship between four TQM factors (customer satisfaction, employee involvement, continual improvements, and top management commitment) and service quality, while there is a negative direct relationship between processes and service quality. TQM factors (customer satisfaction, employee involvement, continual improvements, processes, and top management commitment) explained 95% of the variance in healthcare service quality (R² = 0.950, P < 0.05). Continual improvements is the main pillar in TQM application in healthcare sector, and it is highly associated with the private healthcare processes (R² = 0.907, P < 0.01), while top management commitment is the most significant factor in improving the service quality. Full understanding and commitment by the managers across all levels and activating the effective communication between employees at all levels in the organization are the key factors of a successful TQM implementation; it helps in strengthening the teamwork efficiency. Top management is required to avoid the monotonic managerial practices, especially in the organizational processes, as it has a negative impact on the private healthcare service quality.
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The impact of strategic agility on sustainable competitive advantage: The mediating role of strategic renewal at Jordanian telecommunication companies
Problems and Perspectives in Management Volume 22, 2024 Issue #1 pp. 446-461 Views: 2444 Downloads: 1701 TO CITE АНОТАЦІЯDeveloping a sustainable competitive advantage has emerged as a pivotal objective for organizations due to the dynamic and constantly evolving business environment, challenges modern organizations encounter, rapid market fluctuations, and intense competition. This study aims to examine the impact of strategic agility on sustainable competitive advantage and the mediating role of strategic renewal within an emerging economy such as Jordan. The study collected data from 217 executives holding senior and intermediate positions in telecommunications companies in Jordan. This paper utilized partial least squares structural equation modeling (PLS-SEM) with SmartPLS4 software to test hypotheses and assess the measurement and structural models. According to the findings, strategic agility has a significant positive impact on sustainable competitive advantage (β = 0.590, t = 8.042, p ≤ 0.000) and high explanation power (R2 = 0.828), which means that 82.8% of the variance in sustainable competitive advantage has been explained by strategic agility and strategic renewal. Moreover, strategic renewal partially mediates the relationship between strategic agility and sustainable competitive advantage. In addition, the study revealed that the model’s predictive power was medium. This paper contributes to the body of knowledge and existing literature about the impact of strategy renewal and agility on sustainable competitive advantage in Jordanian telecommunications companies. Organizations incorporating strategic agility and renewal into their strategy can manage uncertainties, swiftly adjust to changes, and attain sustainable competitive advantage.
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Assessment of logistics service quality based on the application of fuzzy methods modeling
Tetiana Kolodizieva
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Elina Zhelezniakova
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Kateryna Melnykova
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Viktoriia Pysmak
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Oleh Kolodiziev
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.44
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 552-576 Views: 2219 Downloads: 846 TO CITE АНОТАЦІЯImproving the logistics service quality (LSQ) requires its assessment to identify appropriate reserves, which actualizes the scientific task of improving the appropriate methodological support for LSQ assessment. The purpose of this paper is to develop a model for assessing the quality of logistics services based on a specified list of criteria, their grouping, and the application of the mathematical apparatus of the fuzzy sets theory.
The study substantiates the expediency of using the fuzzy set method to assess the quality of logistics service and builds an LSQ assessment model that includes 12 criteria grouped into four groups: company reputation, product availability/quality, reliability/flexibility, and consumer service.
As a result of assessing the quality of logistics service, an integral indicator was obtained, which made it possible to determine the evaluations of its components: product availability/quality is rated high; reliability/flexibility – average; consumer service – good; and company reputation – poor. The obtained results indicate that such an aspect of logistics service quality assessment as company reputation needs particular attention, which confirms the modern trend of prioritizing the perception of the quality of logistics service, personal service/contact, and empathy by customers. Therefore, customers’ perception of the quality of logistics service becomes a decisive factor in the competitive struggle in the logistics services market. Moreover, it is a bottleneck in the process of increasing LSQ, which requires further research to develop appropriate management mechanisms.

