Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

Mo, John P.T.; Caporaso, Anthony

doi:10.1177/18479790211010125

Cited by 3 publications

(2 citation statements)

References 62 publications

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“…21,22,9 The crowdfunding market is growing rapidly, both in terms of capital volume and number of campaigns. 23–25…”

Section: Literature Reviewmentioning

confidence: 99%

“…21,22,9 The crowdfunding market is growing rapidly, both in terms of capital volume and number of campaigns. [23][24][25] Figure 2 below shows the mechanism of crowdfunding and how it works along with its relationship with the environment as an open system. Information gathered by Cambridge Center for Alternative Finance uncovers that crowdfunding brought US$304.53bn worldwide up in 2020, with the normal subsidizing per crusade in the crowdfunding section adding up to US$5270.…”

Section: Literature Reviewmentioning

confidence: 99%

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Predicting crowdfunding economic success in the gulf cooperation council

Abdeldayem

Aldulaimi

2022

International Journal of Engineering Business Management

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This study aims to analyze crowdfunding’s economic success in the Gulf region as the Crowdfunding (CF) experience and practice in this part of the world tend to be unexplored in terms of research. In particular, the study examines whether the adoption of entrepreneurial finance (EF) principles in crowdfunding platforms affects the economic success of funding and entrepreneurs’ ability in the Gulf Cooperation Council (GCC) to access financial resources. The study uses an online questionnaire survey on Crowdfunding economic success in the GCC to collect information from the participants. Participants are investors, entrepreneurs, and startups from five Gulf countries (i.e., Saudi Arabia, Bahrain, Kuwait, Oman and UAE) in addition to several Crowdfunding platforms commonly used by crowdfunders in this region (such as Indiegogo, Kickstarter, Eureeca, Beehive and GoFundMe) with total members (102964). Signaling theory and principle-agent theory combine to make a theoretical foundation that explains the relationship between funders and fundraisers. The pilot sample consisting of 10 units was used to validate and verify the research instrument of the study. The research sample consists of 1145 respondents (sample size n = 1145) selected randomly from the five Gulf countries included in the study. The findings reveal that CF’s presence positively impacts economic fundraising success and that crowdfunding platforms are an effective financial technology (Fintech) tool for financing entrepreneurs in the GCC. We conclude with recommendations for future EF and CF research. The findings of this study will have implications for improvements in practices of economic and finance. They may be used as a guide towards advancing the management and performance of the crowdfunding platforms in the Gulf region. Presently, a very few number of published research on crowdfunding exist in this region. Moreover, to the best of our knowledge, there is no single study investigating crowdfunding as an alternative financing source in the GCC.

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“…21,22,9 The crowdfunding market is growing rapidly, both in terms of capital volume and number of campaigns. 23–25…”

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Predicting crowdfunding economic success in the gulf cooperation council

Abdeldayem

Aldulaimi

2022

International Journal of Engineering Business Management

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Towards a Universal Model of Engineering Change Management

Tryczak,

Lis,

Ziemiański

et al. 2023

J Knowl Econ

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The paper deals with the issue of engineering change management (ECM). ECM has received much less attention in the literature than general change management. Moreover, due to their specifics (complexity and multifaceted nature), hitherto developed ECM models are difficult to implement in companies. The paper aims to develop a simplified, universal, and hence easily applicable model of ECM. We based our assumptions on a case study of a manufacturing company with low-volume production, representing a high-mix type, posing the following research question: how to improve the ECM process to make it simpler and more quickly adaptable in companies with the analyzed type of production when compared to the existing models? To answer this question, an exploratory qualitative study was conducted in late 2021/early 2022 using in-depth personal interviews. The research sample included 31 employees involved in ECM processes. Conventional qualitative content analysis was the primary technique for analyzing and interpreting the data. The study identified gaps and bottlenecks in the existing ECM model. On this basis, a proposal for a new ECM model was developed, distinguished by its simplicity and versatility (it can be implemented in companies operating in various industries). Particular emphasis was placed on ensuring the flow of information and circulation of technical documentation between the departments involved and clarifying the role of the change administrator. The paper sheds new light on how to implement engineering changes in organizations and has considerable application value.

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An Industrial Blockchain-Based Multi-Criteria Decision Framework for Global Freight Management in Agricultural Supply Chains

et al. 2022

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In view of increasing supply chain disruption events, for example the China–United States trade war, the COVID-19 pandemic, and the Russia–Ukraine war, the complexity and dynamicity of global freight management keeps increasing. To build a resilient and sustainable supply chain, industrial practitioners are eager to systematically revamp the freight management decision process related to the selection of carriers, shipping lanes, and third-party logistics service providers. Therefore, this study aims at strengthening decision-making capabilities for global freight management, in which an industrial blockchain-based global freight decision framework (IB-GFDF) is proposed to incorporate consortium blockchain technology with the Bayesian best-worst method. Through the blockchain technology, pairwise comparisons can be conducted over the international freight network in a decentralized and immutable manner, and thus, a secure and commonly agreed-on pairwise comparison dataset is acquired. Subsequently, the pairwise comparison dataset with multi-stakeholder opinions is analyzed using the Bayesian best-worst method in order to prioritize the selection decision criteria related to carriers, shipping lanes, and 3PL service providers for global freight management. To verify the methodological feasibility, a case study of an Australian agricultural supply chain firm was conducted to support the development end-to-end (E2E) supply chain solutions originated from Australia. It was found that port infrastructure, ports of call and communication effectiveness were the major criteria for the selection decision, which can be emphasized in future global freight collaboration. In addition, an immutable and append-only record of pairwise comparisons can be established to support the visibility of time-varying stakeholders’ preferences.

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Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

Cited by 3 publications

References 62 publications

Predicting crowdfunding economic success in the gulf cooperation council

Predicting crowdfunding economic success in the gulf cooperation council

Towards a Universal Model of Engineering Change Management

An Industrial Blockchain-Based Multi-Criteria Decision Framework for Global Freight Management in Agricultural Supply Chains

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