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Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry

Author

Listed:
  • Nguyen-Nhu-Y Ho

    (International School, Vietnam National University, Hanoi 10000, Vietnam)

  • Phuong Mai Nguyen

    (International School, Vietnam National University, Hanoi 10000, Vietnam)

  • Thi-Minh-Ngoc Luu

    (University of Economics and Business, Vietnam National University, Hanoi 10000, Vietnam)

  • Thi-Thuy-Anh Tran

    (International School, Vietnam National University, Hanoi 10000, Vietnam)

Abstract

Background: Strategic alliance is a popular strategic option for business entities to strengthen the competitive advantages of all partners in a partnership. The global logistics industry has witnessed the formulation of several successful strategic alliances. However, the Vietnamese logistics industry seems to grow slowly and lacks long-term inter-firm partnerships. In such a context, it is critical to have a more effective approach to selecting partners in strategic alliances to increase long-term relationships and firm performance. Method: Thus, this study proposes using the SBM-I-C DEA model to examine and suggest partners for Vietnamese logistics firms to form strategic alliances. Results: Our findings show that integrating technology in managing strategic alliances will foster companies in the alliance to formulate a better strategy with up-to-date information on policies. Conclusion: Using the SBM-I-C DEA model, companies can minimize operating costs and optimize delivery time. Thus, companies can better satisfy customers. From the research findings, some implications are proposed for Vietnamese logistics companies.

Suggested Citation

  • Nguyen-Nhu-Y Ho & Phuong Mai Nguyen & Thi-Minh-Ngoc Luu & Thi-Thuy-Anh Tran, 2022. "Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry," Logistics, MDPI, vol. 6(3), pages 1-15, September.
    • Handle: RePEc:gam:jlogis:v:6:y:2022:i:3:p:64-:d:915648
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    References listed on IDEAS

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    Cited by:

    1. Pei Fun Lee & Weng Siew Lam & Weng Hoe Lam, 2023. "Performance Evaluation of the Efficiency of Logistics Companies with Data Envelopment Analysis Model," Mathematics, MDPI, vol. 11(3), pages 1-15, January.

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