Abstract:The impressive growth of the Vietnam textile and apparel industry has led to some concerns due to its insufficient value chain and fierce competition within the industry. Thus, performance evaluation is significant issue to estimate the values of companies over time. Firstly, the grey prediction is used to forecast future data for 20 largest enterprises in six years (2016-2021) based on actual indicators. Then, the paper uses Malmquist productivity index and its decomposition into efficiency and technical change to measure the past productivity growth. Finally, window analysis is applied to significantly detect the trends of performance in 12 years (2010-2021) from large number of inputs and outputs. The results are found that how technology changes is the determinant for productivity growth and undeveloped technology causes a huge barrier to industry. In addition, the results are illustrated that textile companies are predicted to be more stable due to the importance of supplying materials for the entire industry. This paper aims to prove in-depth analysis can be conducted through combined models and also provide some recommendations for enhancing the sustainability performance of the industry.
Abstract:The Japanese automobile industry has been hit sharply by the economic downturn of recent decades. The rise in costs and decline in sales have led to serious problems in the auto industry. In order to address these issues, most companies engage in downsizing and redesigning production operations. It is crucial to investigate the time wasted by replacing assembly boards occurring in manufacturing lines. Therefore, the aim of this study was to provide an integrated approach, Teoriya Resheniya Izobreatatelskih Zadatch (TRIZ), to providing efficient solutions for the automobile industry. The first step of this methodology is to detail the technical problems using the Function and Attribute Analysis (FAA) model. Secondly, a contradiction matrix and the inventive principle were applied to find the solutions. In this study, an auto part supplier named Sumi-Hanel located in Hanoi, Vietnam, was taken as a case study; the empirical results showed that waste time had been reduced to 67%, nearly 8400 square meters was saved, and a 20% cost reduction was achieved by reusing old frames. The research proves that the combination of TRIZ and lean manufacturing successfully increases production performance and reduces waste due to technological advancements.
Purpose – in light of the Taiwan New Southbound Policy (NSP), this paper aims to evaluate the performance of bilateral cooperation between Taiwan and its economic partner countries in order to have a better understanding of the coherence of reciprocal relations in the past, present and future.
Research methodology – firstly, both individual forecasting models and combining forecasts were employed to predict the future values based on a period of thirty years (1990–2019). Secondly, the paper proposes non-convex DEA to detect non-convex characteristics of datasets where the volume of inputs and outputs were unevenly allocated in past years. Finally, a DEA window was applied to provide efficiency scores for decision-making units (DMUs) across a period of twelve years (2014–2025).
Findings – the results found that the efficiency of seven out of eight DMUs will improve in the coming years. With a stable performance in both scale and efficiency, Singapore is Taiwan’s most successful economic partner, followed by Malaysia. The NSP remained as a vital foreign policy in supporting Taiwan’s bilateral trade and outward foreign direct investment (OFDI).
Research limitations – more inputs and outputs are required in order to reflect the overall performance of the bilateral cooperation between two economies. Furthermore, more extended models are worth further investigation.
Practical implications – the forecasting values of exports and imports can be used in analysing Taiwan economy’s trade deficits. This study provides useful inputs for managers in allocating resources of inbound and outbound values, and reacting rightfully to the uncertain future.
Originality/Value – the paper not only contribute much more than previous ones by evaluating into the relationship between size of scale and efficiency of bilateral economies but also provide advices for policymakers in creating mechanisms that can facilitate the NSP’s sustainable development.
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