Logistics and supply chain management in the luxury industry

Shen, Bin; Minner, Stefan; Chan, Hau‐Ling; Brun, Alessandro

doi:10.1016/j.tre.2020.102095

Cited by 18 publications

(7 citation statements)

References 25 publications

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“…We then identified the main variables that may generate different forms of sharing supply chains (Brun et al, 2017) and developed several research propositions. At the same time, our in-depth case study and its findings contribute to the scarce supply chain literature on the luxury industry (Shen et al, 2020). The whole research process leads to a set of managerial implications.…”

Section: Discussionmentioning

confidence: 71%

Conceptualizing sharing supply chains – lessons from an exemplary case

Roussat

Carbone

Rouquet

2022

IJOPM

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PurposeOver the last decade, a “new” sharing economy has emerged. So far, the supply chain literature has focused on platforms delivering crowd-logistics services that connect businesses and consumers (B2C). The literature has paid little attention to platforms that facilitate products exchanges between consumers. This article aims to develop a first supply chain conceptualization for consumer-to-consumer (C2C) product exchanges stimulated by the sharing economy. How to conceptualize C2C product exchanges from an Supply Chain (SC) perspective? Do such C2C product exchanges form what might be called “sharing supply chains”? What are the characteristics of these sharing supply chains?Design/methodology/approachThe authors rely on a single case study of Vestiaire Collective (VC), a C2C platform that links consumers buying and selling second-hand luxury goods. This case was not selected because it is a typical C2C product platform, but because it is an “extreme” case (Yin, 2014) meeting Siggelkow's “talking pig” criterion (2007).FindingsThe authors demonstrate that VC intermediates a “sharing supply chain”, whose features differ from forward and reverse supply chains. The authors stress that strong physical intermediation is crucial in this extreme case. The authors then contrast this extreme case with other forms of sharing supply chains to identify the variables leading to these alternative configurations. Finally, the authors develop theoretical propositions regarding the physical intermediation role that these platforms may play.Originality/valueThe authors' article extends the scope of the supply chain concept by identifying sharing supply chains alongside other types of chains. The article also points to the strategic role of SC dimensions in the sharing economy. The authors hope that this article will lead to further research on sharing supply chains.

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Section: Discussionmentioning

confidence: 71%

Conceptualizing sharing supply chains – lessons from an exemplary case

Roussat

Carbone

Rouquet

2022

IJOPM

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“…The transparency and traceability of business processes are the key benefits expected by the interviewed experts from the implementation of blockchain solutions. While the luxury industry needs to trace the path of its products throughout the supply chain to maintain high quality and guarantee their products' origins (Shen et al, 2020), brands need to prove their environmental engagement with customers (Ho et al, 2016). Both these actions can significantly improve the brand's image.…”

Section: Discussionmentioning

confidence: 99%

“…Globalization and the internet have helped cross-border e-commerce proliferate over time (Liu and Li, 2020). Additionally, the COVID-19 pandemic has boosted the digitalization of cross-border e-commerce, particularly in the luxury goods sector, which has had to adapt its supply chain solutions to remain stable (Shen et al , 2020). However, despite being relatively resilient, luxury firms have faced additional challenges from the decrease in tourism (D'Arpizio et al , 2020) and the increase in digital consumption (Achille and Zipser, 2020) during recent lockdowns.…”

Section: Introductionmentioning

confidence: 99%

The use of blockchain in the luxury industry: supply chains and the traceability of goods

Boissieu

Kondrateva

Baudier

et al. 2021

JEIM

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PurposeMost businesses strive to control the efficiency of their supply chains; however, luxury firms face additional challenges from counterfeit, gray market and copycat products. Blockchain technology can address these issues and enhance firms' supply chain management, guaranteeing the traceability and origin of luxury products. Therefore, this study aims to investigate the utility and contexts influencing the implementation of blockchain technology to optimize supply chain management and prevent fraud in the luxury industry.Design/methodology/approachThe research uses a qualitative approach based on the grounded theory method. Data are collected by semi-structured interviews with 12 stakeholders working on blockchain applications in the luxury business sector.FindingsHighlighting the problems faced by luxury brands' supply chains, this study presents blockchain technology as a solution for disintermediation, traceability and transparency in the luxury goods sector. The constraints faced by luxury brands incorporating this technology into their ecosystem include the knowledge gap, the multiplicity of third parties involved in the production process and bias toward short-term returns on investment.Originality/valueBlockchains promote greater transparency and efficiency within supply chains, which builds consumer trust and improves brand revenue. Considering luxury brands' reluctance to adopt blockchains, this study suggests that luxury firms adopt a staggered implementation of private blockchain networks starting with a small number of third-party suppliers.

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“…This applies to the textile sector network that spans multiple territories where a semi-active local resource could be helpful to minimize the impact of disruptions, strengthen long-term collaboration and hold higher inventory levels (Raian et al , 2022). The imposed lockdowns, delays in shipment, closure of shops, trade limitations, etc., significantly slogged the luxury and maritime SC networks (Shen et al , 2020; Walker et al , 2023). The former benefits from trading-off between holding cost and luxury level of products (Shen et al , 2020), whereas the latter benefits via risk management and infrastructure development (Liu et al , 2023).…”

Section: Literature Reviewmentioning

confidence: 99%

A novel coexistent resilience index to evaluate the supply chain resilience of industries using fuzzy logic

Narassima,

Gedam,

Gunasekaran

et al. 2023

SCM

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Purpose This study aims to explore supply chain resilience (SCR) and provides a unique resilience index. The work measures the resilience status of 37 organizations across 22 industries and provides insight into accessing the supply chain (SC) vulnerability in an uncertain environment. Design/methodology/approach This study involves measuring the resilience status of 37 organizations across 22 industries based on a subjective decision-making approach using fuzzy logic. Experts from industries rated the importance and level of implementation of 33 attributes of SCR, which are used to develop a fuzzy index of implementation that explains the resilience status of organizations. Findings A novel coexistent resilience index is computed based on mutualism to exhibit the proportion of contribution or learning of each attribute of an organization in an industry. The research will enhance the response plans and formation of strategic alliances for mutual coexistence by industry. Research limitations/implications Evidence-based interpretations and suggestions are provided for each industry to enhance resilience through coexistence. Originality/value The work uniquely contributes to academic literature and SC strategy. The novel coexistent resilience index is computed based on mutualism, facilitating researchers to access SC resiliency.

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Logistics and supply chain management in the luxury industry

Abstract: Highlights Reviewing the studies on logistics and supply chain management in the luxury industry. Exploring new practices and applications in logistics and supply chain management for luxury goods. Summarizing the discussions on different important topics.

Cited by 18 publications

References 25 publications

Conceptualizing sharing supply chains – lessons from an exemplary case

Conceptualizing sharing supply chains – lessons from an exemplary case

The use of blockchain in the luxury industry: supply chains and the traceability of goods

A novel coexistent resilience index to evaluate the supply chain resilience of industries using fuzzy logic

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