The Selection of Strategic Alliance Partner in Vietnam Garment Industry Using Grey Theory and DEA

Le, Thi-Nham; Huang, Ying; Wang, Chia–Nan

doi:10.1109/is3c.2014.180

Cited by 3 publications

(2 citation statements)

References 4 publications

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“…Production modality with 85% CMT (Cut, Make and Trim) is considered low profit by Vietnamese garment companies [1]. Most companies are small to medium sized and have low ability to adapt high technology and new equipment [9]. Although workforce demand is high, the fierce rivalry is still contained within industry on attracting and retaining high quality employees.…”

Section: Introductionmentioning

confidence: 99%

The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry

Wang

2017

Sustainability

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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.

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Section: Introductionmentioning

confidence: 99%

The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry

Wang

2017

Sustainability

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“…Some relevant research methods related to textile and garment are shown in Table 1. The DEA was used to assess performance, the CCR model was used to calculate the total efficiency score, the BBC model was used to assess the technical efficiency scale, and the SBM model was used to evaluate the efficiency ranking, as well as the delay problems of DMUs, in [8,[31][32][33][34][35]. As mentioned in [36,37], the DEA window model was used by the original DEA model, which explored the trend of DMUs over time with multiple input and output variables; this is beneficial when dealing with small sample sizes.…”

Section: Textile and Garment Industry Related Researchmentioning

confidence: 99%

A Study of Performance Evaluation for Textile and Garment Enterprises

et al. 2022

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Vietnam’s textile and garment enterprises make an important contribution to the country with the second largest export turnover. The existence and development of textile and garment enterprises have a significant influence on the socioeconomic development of Vietnam. Currently, Vietnam’s textile and garment industry is facing difficulties caused by the COVID-19 pandemic, along with competition from foreign direct investment (FDI) enterprises. Therefore, it is imperative for managers to assess competitiveness by measuring their past and current performance indicators. This study assesses the performance of Vietnam’s 10 textile and garment enterprises from 2017 to 2020 by combining the DEA–Malmquist productivity index (MPI) and epsilon-based measure (EBM) model. The proposed model considered three inputs (total assets, cost of goods sold, and liabilities) and two outputs (total revenue and gross profit). In addition to showing the best-performing companies from certain aspects during the period (2017–2020), the results show that the EBM method combined with the Malmquist model in the field can be successfully applied. This study is a reference for companies in the textile and garment industry to identify their position to improve their operational efficiency and overcome their weaknesses.

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Operational efficiency-based ranking framework using uncertain DEA methods

Abbasi

Kaviani

2016

Management Decision

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Purpose – Competition in dynamic markets requires operational excellence and effective operations strategy. Hence, organizations have to evaluate their operational performance in comparison to their rivals. The purpose of this paper is to present an operational performance evaluation framework for analyzing and ranking the organizations based on the effectiveness of their operations strategies. Design/methodology/approach – In this study three uncertain data envelopment analysis (DEA) models consist of fuzzy DEA (FDEA), imprecise DEA (IDEA) and Grey DEA are applied to assess the performance of organizations in terms of the operations. The applicability of the proposed framework is demonstrated through a case study at Fars province cement manufacturers of Iran. Findings – The ranking results assist the mangers of service and manufacturing enterprises in finding out the current positions of their companies and the effectiveness of their operations strategies in comparison to their rivals. Accordingly they can make proper strategic and operational decisions to improve the performance of the operations. Originality/value – Based on the previous literature, this is the first study which uses FDEA and IDEA methods in an operational performance evaluation problem. Furthermore this study proposes a novel framework for evaluating and ranking the operational performance of firms from the perspective of operations strategy.

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The Selection of Strategic Alliance Partner in Vietnam Garment Industry Using Grey Theory and DEA

Cited by 3 publications

References 4 publications

The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry

The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry

A Study of Performance Evaluation for Textile and Garment Enterprises

Operational efficiency-based ranking framework using uncertain DEA methods

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