IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v165y2015icp223-233.html
   My bibliography  Save this article

Harvesting big data to enhance supply chain innovation capabilities: An analytic infrastructure based on deduction graph

Author

Listed:
  • Tan, Kim Hua
  • Zhan, YuanZhu
  • Ji, Guojun
  • Ye, Fei
  • Chang, Chingter

Abstract

Today, firms can access to big data (tweets, videos, click streams, and other unstructured sources) to extract new ideas or understanding about their products, customers, and markets. Thus, managers increasingly view data as an important driver of innovation and a significant source of value creation and competitive advantage. To get the most out of the big data (in combination with a firm׳s existing data), a more sophisticated way of handling, managing, analysing and interpreting data is necessary. However, there is a lack of data analytics techniques to assist firms to capture the potential of innovation afforded by data and to gain competitive advantage. This research aims to address this gap by developing and testing an analytic infrastructure based on the deduction graph technique. The proposed approach provides an analytic infrastructure for firms to incorporate their own competence sets with other firms. Case studies results indicate that the proposed data analytic approach enable firms to utilise big data to gain competitive advantage by enhancing their supply chain innovation capabilities.

Suggested Citation

  • Tan, Kim Hua & Zhan, YuanZhu & Ji, Guojun & Ye, Fei & Chang, Chingter, 2015. "Harvesting big data to enhance supply chain innovation capabilities: An analytic infrastructure based on deduction graph," International Journal of Production Economics, Elsevier, vol. 165(C), pages 223-233.
  • Handle: RePEc:eee:proeco:v:165:y:2015:i:c:p:223-233
    DOI: 10.1016/j.ijpe.2014.12.034
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0925527314004289
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ijpe.2014.12.034?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Milé Terziovski, 2010. "Innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: a resource‐based view," Strategic Management Journal, Wiley Blackwell, vol. 31(8), pages 892-902, August.
    2. Xu, He & Yao, Nian & Tong, Shilu, 2013. "Sourcing under cost information asymmetry when facing time-sensitive customers," International Journal of Production Economics, Elsevier, vol. 144(2), pages 599-609.
    3. Guezguez, Wided & Ben Amor, Nahla & Mellouli, Khaled, 2009. "Qualitative possibilistic influence diagrams based on qualitative possibilistic utilities," European Journal of Operational Research, Elsevier, vol. 195(1), pages 223-238, May.
    4. Yu, Po L. & Zhang, Dazhi, 1990. "A foundation for competence set analysis," Mathematical Social Sciences, Elsevier, vol. 20(3), pages 251-299, December.
    5. Ozer, Muammer, 2011. "Understanding the impacts of product knowledge and product type on the accuracy of intentions-based new product predictions," European Journal of Operational Research, Elsevier, vol. 211(2), pages 359-369, June.
    6. Li, Jian-Ming & Chiang, Chin-I & Yu, Po-Lung, 2000. "Optimal multiple stage expansion of competence set," European Journal of Operational Research, Elsevier, vol. 120(3), pages 511-524, February.
    7. Cobb, Barry R. & Shenoy, Prakash P., 2008. "Decision making with hybrid influence diagrams using mixtures of truncated exponentials," European Journal of Operational Research, Elsevier, vol. 186(1), pages 261-275, April.
    8. Han-Lin Li, 1999. "Incorporating Competence Sets of Decision Makers by Deduction Graphs," Operations Research, INFORMS, vol. 47(2), pages 209-220, April.
    9. Tan, Kim Hua & Platts, Ken, 2004. "Operationalising strategy: Mapping manufacturing variables," International Journal of Production Economics, Elsevier, vol. 89(3), pages 379-393, June.
    10. Ross D. Shachter, 1986. "Evaluating Influence Diagrams," Operations Research, INFORMS, vol. 34(6), pages 871-882, December.
    11. Chen, Ting-Yu, 2001. "Using competence sets to analyze the consumer decision problem," European Journal of Operational Research, Elsevier, vol. 128(1), pages 98-118, January.
    12. Zhou, Honggeng & Shou, Yongyi & Zhai, Xin & Li, Ling & Wood, Craig & Wu, Xiaobo, 2014. "Supply chain practice and information quality: A supply chain strategy study," International Journal of Production Economics, Elsevier, vol. 147(PC), pages 624-633.
    13. Smith, J. Q., 1989. "Influence diagrams for Bayesian decision analysis," European Journal of Operational Research, Elsevier, vol. 40(3), pages 363-376, June.
    14. Georgiou, Ion, 2009. "A graph-theoretic perspective on the links-to-concepts ratio expected in cognitive maps," European Journal of Operational Research, Elsevier, vol. 197(2), pages 834-836, September.
    15. Cheng, Gang & Zervopoulos, Panagiotis & Qian, Zhenhua, 2013. "A variant of radial measure capable of dealing with negative inputs and outputs in data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 225(1), pages 100-105.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhan, Yuanzhu & Tan, Kim Hua, 2020. "An analytic infrastructure for harvesting big data to enhance supply chain performance," European Journal of Operational Research, Elsevier, vol. 281(3), pages 559-574.
    2. Chen, Ting-Yu, 2002. "Expanding competence sets for the consumer decision problem," European Journal of Operational Research, Elsevier, vol. 138(3), pages 622-648, May.
    3. Po-Lung Yu & Yen-Chu Chen, 2012. "Dynamic multiple criteria decision making in changeable spaces: from habitual domains to innovation dynamics," Annals of Operations Research, Springer, vol. 197(1), pages 201-220, August.
    4. Kushtina, Emma & Zaikin, Oleg & Rzewski, Przemyslaw & Malachowski, Bartlomiej, 2009. "Cost estimation algorithm and decision-making model for curriculum modification in educational organization," European Journal of Operational Research, Elsevier, vol. 197(2), pages 752-763, September.
    5. Bielza, Concha & Gómez, Manuel & Shenoy, Prakash P., 2011. "A review of representation issues and modeling challenges with influence diagrams," Omega, Elsevier, vol. 39(3), pages 227-241, June.
    6. Lopez-Diaz, Miguel & Rodriguez-Muniz, Luis J., 2007. "Influence diagrams with super value nodes involving imprecise information," European Journal of Operational Research, Elsevier, vol. 179(1), pages 203-219, May.
    7. Chi-Yo Huang & Jih-Jeng Huang & You-Ning Chang & Yen-Chu Lin, 2021. "A Fuzzy-MOP-Based Competence Set Expansion Method for Technology Roadmap Definitions," Mathematics, MDPI, vol. 9(2), pages 1-26, January.
    8. Moussa Larbani & Po Lung Yu, 2020. "Empowering Data Mining Sciences by Habitual Domains Theory, Part I: The Concept of Wonderful Solution," Annals of Data Science, Springer, vol. 7(3), pages 373-397, September.
    9. Borgonovo, Emanuele & Tonoli, Fabio, 2014. "Decision-network polynomials and the sensitivity of decision-support models," European Journal of Operational Research, Elsevier, vol. 239(2), pages 490-503.
    10. Concha Bielza & Prakash P. Shenoy, 1999. "A Comparison of Graphical Techniques for Asymmetric Decision Problems," Management Science, INFORMS, vol. 45(11), pages 1552-1569, November.
    11. Thwaites, Peter A. & Smith, Jim Q., 2018. "A graphical method for simplifying Bayesian games," Reliability Engineering and System Safety, Elsevier, vol. 179(C), pages 3-11.
    12. Ruth Y. Dicdican & Yacov Y. Haimes, 2005. "Relating multiobjective decision trees to the multiobjective risk impact analysis method," Systems Engineering, John Wiley & Sons, vol. 8(2), pages 95-108.
    13. Lander, Diane M. & Pinches, George E., 1998. "Challenges to the Practical Implementation of Modeling and Valuing Real Options," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(3, Part 2), pages 537-567.
    14. Rodriguez-Muniz, Luis J. & Lopez-Diaz, Miguel & Gil, Maria Angeles, 2005. "Solving influence diagrams with fuzzy chance and value nodes," European Journal of Operational Research, Elsevier, vol. 167(2), pages 444-460, December.
    15. Finn Jensen & Thomas Nielsen, 2013. "Probabilistic decision graphs for optimization under uncertainty," Annals of Operations Research, Springer, vol. 204(1), pages 223-248, April.
    16. Kuan-Wei Huang & Jen-Hung Huang & Gwo-Hshiung Tzeng, 2016. "New Hybrid Multiple Attribute Decision-Making Model for Improving Competence Sets: Enhancing a Company’s Core Competitiveness," Sustainability, MDPI, vol. 8(2), pages 1-26, February.
    17. Lin, Chang-Chun, 2006. "Competence set expansion using an efficient 0-1 programming model," European Journal of Operational Research, Elsevier, vol. 170(3), pages 950-956, May.
    18. Tedjo Soelaksono & Achmad Sudiro & Mintarti Rahayu & Sudjatno Sudjatno, 2018. "The Influence of Capability Managerial on Competitiveness of the Company through the Planning Strategy, Investment, Innovation and Performance of the Company (a Study on Corporate Manufacturing Indust," International Review of Management and Marketing, Econjournals, vol. 8(2), pages 22-32.
    19. Baier-Fuentes, Hugo & Andrade-Valbuena, Nelson A. & Huertas Gonzalez-Serrano, Maria & Gaviria-Marin, Magaly, 2023. "Bricolage as an effective tool for the survival of owner-managed SMEs during crises," Journal of Business Research, Elsevier, vol. 157(C).
    20. repec:cup:judgdm:v:1:y:2006:i::p:162-173 is not listed on IDEAS
    21. Mammassis, Constantinos S. & Kostopoulos, Konstantinos C., 2019. "CEO goal orientations, environmental dynamism and organizational ambidexterity: An investigation in SMEs," European Management Journal, Elsevier, vol. 37(5), pages 577-588.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:165:y:2015:i:c:p:223-233. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.