How to Develop Chinese Flower Auction Markets: Results from a Comparative Analysis

Qin, Kaida; Jiang, Xiaoli; Bao-jian, Yang

doi:10.4236/ib.2010.24050

Cited by 3 publications

(1 citation statement)

References 6 publications

(8 reference statements)

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“…This trend remains strong in the floriculture sector of the Netherlands with transactions for 12.4bn plants and flowers each year (The New York Times, 2014). Perishable produces auction is also increasingly popular in China due to its fair and fast pricing determination mechanisms (Qin et al, 2010).…”

Section: Introductionmentioning

confidence: 99%

Physical-internet-enabled auction logistics in perishable supply chain trading

Kong

Huang²,

Luo

et al. 2018

IMDS

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Purpose While significant efforts have been made to study auction and logistics theories in the context of perishable supply chain trading (PSCT) over the last few years, the consensus has not yet been reached on how best to examine the impact of physical-internet-enabled auction logistics (AL) decisions and processes on dynamic perishable products transactions. The purpose of this paper is to address this gap by investigating the existing situations and identifying future opportunities for both academic and industrial communities. Design/methodology/approach The relevant literature was sort out along with three dimensions, namely auction mechanism, level of decision and coordination. The methods of field investigation and focus group discussion were also used to explore the factors influencing AL performance. Findings A number of key findings presented. First, there is an emerging paradigm shift from offline auction to online auction. Robust and resilient AL are needed to fulfill the massive number of orders from different channels while considering dynamic decisions. Second, three-level decisions in AL have been explicitly classified and defined. Various mathematical techniques used in literature vis-à-vis the contexts of AL were mapped. Third, a coordination mechanism that dynamically balances trade-off between logistics efficiency and transaction price was discussed. Lastly, several opportunities for future research were distinguished with coherent connection of research domains and open questions. Originality/value This paper not only summaries key themes of current research dimensions, but also indicates existing deficiencies and potential research directions. The findings can be used as the basis for future research in PSCT and related topics.

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Section: Introductionmentioning

confidence: 99%

Physical-internet-enabled auction logistics in perishable supply chain trading

Kong

Huang²,

Luo

et al. 2018

IMDS

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Which is more suitable for rare flowers, first-price sealed-bid auction or second-price sealed-bid auction?

Wang

Chen

2014

2014 IEEE International Conference on Mechatronics and Automation

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The efficiency of the auction market of chili in the sandy coastal area of Yogyakarta province, Indonesia

Nugroho¹,

Prasada²,

Rosyid³

2021

AJFAND

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The auction market of chili in the Kulon Progo Regency has proven to have many benefits to the farmers. The competition among traders in the auction market will elevate the price, making it more profitable to the farmers. However, there are still opportunities to improve the auction market performance. This study was intended to help determine the efficiency of the auction market of chili in the sandy coastal area and its determinant factors. The research was conducted from April to July 2018. The respondents were 13managers of all auction markets in the sandy coastal area of KulonProgo Regency. The research used the Data Envelopment Analysis to know the efficiency of the auction market and binary logistic methods for analyzing its determinant factors. The study showed that most of the auction markets were not efficient. There were only 2 efficient auction markets, namely Auction Group 5 and Gisik Pranaji. This was due to the fact that the two auction markets had complete supporting infrastructure and management training. Both of the auction markets’ managers also had a good partnership with the traders in other cities. Meanwhile, the main problem of the inefficient auction market was getting a low selling price in the harvest season. The determining factor of efficiency is the managers’ experience in farming. In fact, managers with long working experience have an impact on their creativity to develop the auction market. This is because such managers with a long experience of chili farming will understand market conditions. The experience is also beneficial for the managers in establishing partnerships with buyers. The other variable, the auction markets’ capital, did not affect probability of the auction market to increase their efficiency. To increase their efficiency, it is necessary for the auction markets’ manager to follow thevarious management trainingand formal education.

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How to Develop Chinese Flower Auction Markets: Results from a Comparative Analysis

Abstract: ABSTRACT

Cited by 3 publications

References 6 publications

Physical-internet-enabled auction logistics in perishable supply chain trading

Physical-internet-enabled auction logistics in perishable supply chain trading

Which is more suitable for rare flowers, first-price sealed-bid auction or second-price sealed-bid auction?

The efficiency of the auction market of chili in the sandy coastal area of Yogyakarta province, Indonesia

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