Trade disruptions, behavioral biases, and social influences: Can luxury sporting goods supply chains be immunized?

Wang, Jian; Dickson, Geoff

doi:10.1016/j.tre.2020.102064

Cited by 21 publications

(8 citation statements)

References 52 publications

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“…Hoang et al (2022) suggested that organizations should restructure the enterprise's team structure from the traditional e-commerce team to a matrix team that works based on the customers' segments. Asian et al (2020) suggested that luxury products companies, especially luxury sports goods (LSG) companies, should conduct innovation in their supply chain by applying the risk-sharing and coordinating roles of flexible trade credit contracts to generate optimal decisions of wholesalers and LSG suppliers.…”

Section: Online Landscapementioning

confidence: 99%

Has the pandemic altered luxury consumption and marketing? A sectoral and thematic analysis

Hati,

Kamarulzaman,

Omar

2024

Int J Consumer Studies

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This study analyzes the literature available on consumer luxury consumption and the marketing of luxury products during the COVID‐19 pandemic. The Scopus database was utilized to search for research on luxury products during the pandemic. The study followed the SPAR‐4‐SLR procedure, with 59 articles analyzed using VOSviewer to provide network and density visualization. Triangulation of analysis was conducted using NVivo as the software offers rigor in the systematic literature review. The VOSviewer network and density visualization show that the analysis of the luxury industry literature can be elucidated by sectors and themes. The results indicate that the majority of the literature on luxury discussed hospitality, especially the hotel setting, followed by luxury fashion and tourism. Many sectors, such as luxury automotive, beauty, arts, and so forth were overlooked. Online landscape, branding, social responsibility, communication, sustainability, the self, and culture are the dominant themes in literature. The study sheds light on important themes, sectors, and research gaps, benefiting academic scholars and industry practitioners in understanding and navigating the challenges and opportunities in the luxury market during crises.

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Section: Online Landscapementioning

confidence: 99%

Has the pandemic altered luxury consumption and marketing? A sectoral and thematic analysis

Hati,

Kamarulzaman,

Omar

2024

Int J Consumer Studies

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“…Similarly, the supplied backup and flexible quantity contract allow retailers and wholesalers to handle their inventories effectively. As a result, these contracts have been extensively used to address trade disruption (Asian et al 2020 ; Tavana et al 2019 ) (Asian et al 2020 ; Rahbari et al 2021 ), supply chain sustainability (Chan et al 2018 ; Hajiagha et al 2021 ), and supply chain coordination issues (Lu and Liu 2021 ). While any of these contracts has been beneficial in resolving new supply chain problems, researchers have found that a mixed combination of collaboration contracts allows for a greater understanding of a supply chain model under various coordination contracts.…”

Section: Literature Reviewmentioning

confidence: 99%

Analysing supply chain coordination mechanisms dealing with repurposing challenges during Covid-19 pandemic in an emerging economy: a multi-layer decision making approach

et al. 2022

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Following the outbreak of the Covid-19 pandemic, there was a serious need for the pharmaceutical industry to combat the disease more quickly and effectively. In this regard, numerous companies set out to repurpose current drugs. The noticed decision has major challenges in various dimensions, including the creation and management of an efficient supply chain. The present study attempts to examine the significance and relationships of the repurposing challenges and analyze the effectiveness of supply chain coordination contracts confronting them. In this regard, a combination of Decision-Making Trial and Evaluation Laboratory (DEMATEL) and Analytic Network Process (ANP) named DANP method is applied to investigate the relationships and extracting the weights of the mentioned challenges and the multi-criteria optimization and compromise solution technique called VIKOR is employed to prioritize the supply chain coordination contracts found on their impact facing with repurposing challenges. The mentioned techniques have been conducted under the condition of linguistic Z-numbers. The results demonstrated that financial support and digitalization are the most influential challenges. Moreover, collaboration and data availability have the most weight. In addition, four contracts including effort sharing, cost-sharing, credit option and buyback are the best contracts that companies in the merging economy of Iran should concentrate on them. This research proposes a novel framework of decision-making by integrating DANP and VIKOR with linguistic Z-numbers. Additionally, this study takes a new look at the use of coordination contracts from the viewpoint of repurposing challenges which is highlighted particularly during the Covid-19 pandemic.

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“…Traceability helps prevent damage to the brand's reputation resulting from counterfeit products or illegal and illegitimate commercialisation (Castelli and Sianesi, 2015;Khan, 2015;Robinson and Hsieh, 2016). It is, however, not easy to achieve the desired levels of traceability in supply chain management because it demands coordination and control over actors and processes (Caniato et al, 2011;Khan, 2015;Asian et al, 2020), which is a big challenge for supply chain operations characterised by the relatively large volume and decentralised channels, i.e. the accessible luxury supply chain.…”

Section: Luxury Supply Chain Managementmentioning

confidence: 99%

Luxury supply chain management: a framework proposal based on a systematic literature review

Brandão

Filho

Silva

2021

IJPDLM

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PurposeThis study aims to identify the main elements that describe the luxury supply chain. It discusses the relationship between them in a framework that organises and summarises the literature.Design/methodology/approachA systematic literature review was conducted that returned 288 papers, which were selected based on specific quality and theme criteria. Content analysis was used to investigate the alignment of critical success factors with the performance goals and configuration elements of luxury supply chains in the final sample of 66 papers.FindingsThe results provide a framework that clarifies the relationship between the configuration elements and supply chain performance goals and the critical success factors for three different levels of the luxury market. Depending on the level of luxury, performance goals and configuration elements assume a different importance and different characteristics. An understanding of these differences is relevant for defining strategies and managing luxury supply chains properly. The three different configurations also reveal new research avenues to be further investigated.Research limitations/implicationsThe study is limited in terms of its data source as the papers reviewed were collected from only three academic databases.Practical implicationsThe findings of this work help incorporate knowledge about luxury supply chain management into a framework that can be easily used for defining strategies and organising the supply chain according to the different levels of luxury.Originality/valueThis study represents an important evolution in organising the current literature on luxury supply chain management into a framework that covers critical success factors, supply chain performance goals and configuration elements for three different levels of luxury, which in turn creates promising opportunities for future enquiry.

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Trade disruptions, behavioral biases, and social influences: Can luxury sporting goods supply chains be immunized?

Cited by 21 publications

References 52 publications

Has the pandemic altered luxury consumption and marketing? A sectoral and thematic analysis

Has the pandemic altered luxury consumption and marketing? A sectoral and thematic analysis

Analysing supply chain coordination mechanisms dealing with repurposing challenges during Covid-19 pandemic in an emerging economy: a multi-layer decision making approach

Luxury supply chain management: a framework proposal based on a systematic literature review

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