IDEAS home Printed from https://ideas.repec.org/a/ibf/rbfstu/v10y2019i1p61-76.html
   My bibliography  Save this article

Analysis Of Manufacturing Methods Using Market Demand Dynamics

Author

Listed:
  • Adenike A. Moradeyo

Abstract

This study analysed manufacturing strategy based on market dynamism. It showed how the knowledge of price and demand changes of products can be used as a tool to identify appropriate manufacturing processes and strategies for production. Using a qualitative methodology, specifically, a case method, the plausible alignment between the different product categories, manufacturing process and strategies are established. The contingency theory and the perspective of the theory of swift, even flow (TSEF) are used as the theoretical bases for this study. The result shows an alignment of the product type with the process and strategy types for the functional-necessity product category and some deviations for the innovativefunctional product category

Suggested Citation

  • Adenike A. Moradeyo, 2019. "Analysis Of Manufacturing Methods Using Market Demand Dynamics," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 10(1), pages 61-76.
    • Handle: RePEc:ibf:rbfstu:v:10:y:2019:i:1:p:61-76
    as

    Download full text from publisher

    File URL: http://www.theibfr2.com/RePEc/ibf/rbfstu/rbfs-v10n1-2019/RBFS-V10N1-2019-7.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Li, Sijie & Zhu, Zhanbei & Huang, Lihua, 2009. "Supply chain coordination and decision making under consignment contract with revenue sharing," International Journal of Production Economics, Elsevier, vol. 120(1), pages 88-99, July.
    2. Prajogo, Daniel & Chowdhury, Mesbahuddin & Yeung, Andy C.L. & Cheng, T.C.E., 2012. "The relationship between supplier management and firm's operational performance: A multi-dimensional perspective," International Journal of Production Economics, Elsevier, vol. 136(1), pages 123-130.
    3. Bendoly, Elliot & Kaefer, Frederick, 2004. "Business technology complementarities: impacts of the presence and strategic timing of ERP on B2B e-commerce technology efficiencies," Omega, Elsevier, vol. 32(5), pages 395-405, October.
    4. Aitken, James & Childerhouse, Paul & Towill, Denis, 2003. "The impact of product life cycle on supply chain strategy," International Journal of Production Economics, Elsevier, vol. 85(2), pages 127-140, August.
    5. Hull, Bradley, 2005. "The role of elasticity in supply chain performance," International Journal of Production Economics, Elsevier, vol. 98(3), pages 301-314, December.
    6. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    7. M. Hossein Safizadeh & Larry P. Ritzman & Deven Sharma & Craig Wood, 1996. "An Empirical Analysis of the Product-Process Matrix," Management Science, INFORMS, vol. 42(11), pages 1576-1591, November.
    8. Cai, Xiaoqiang & Chen, Jian & Xiao, Yongbo & Xu, Xiaolin & Yu, Gang, 2013. "Fresh-product supply chain management with logistics outsourcing," Omega, Elsevier, vol. 41(4), pages 752-765.
    9. Joep P. Cornelissen & Rodolphe Durand, 2014. "Moving Forward: Developing Theoretical Contributions in Management Studies," Journal of Management Studies, Wiley Blackwell, vol. 51(6), pages 995-1022, September.
    10. Joep P. Cornelissen & Rodolphe Durand, 2014. "Moving Forward: Developing Theoretical Contributions in Management Studies," Post-Print hal-01097568, HAL.
    11. Herbert Kotzab, 2005. "The Role and Importance of Survey Research in the Field of Supply Chain Management," Springer Books, in: Herbert Kotzab & Stefan Seuring & Martin Müller & Gerald Reiner (ed.), Research Methodologies in Supply Chain Management, pages 125-137, Springer.
    12. Seuring, Stefan, 2009. "The product-relationship-matrix as framework for strategic supply chain design based on operations theory," International Journal of Production Economics, Elsevier, vol. 120(1), pages 221-232, July.
    13. Guo, Peijun & Ma, Xiuyan, 2014. "Newsvendor models for innovative products with one-shot decision theory," European Journal of Operational Research, Elsevier, vol. 239(2), pages 523-536.
    14. Sardana, Deepak & Terziovski, Mile & Gupta, Narain, 2016. "The impact of strategic alignment and responsiveness to market on manufacturing firm's performance," International Journal of Production Economics, Elsevier, vol. 177(C), pages 131-138.
    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. Kotapati Srinivasa Reddy, 2015. "Beating the Odds! Build theory from emerging markets phenomenon and the emergence of case study research—A “Test-Tube” typology," Cogent Business & Management, Taylor & Francis Journals, vol. 2(1), pages 1037225-103, December.
    2. Victoria Stephens & Lee Matthews & Joep P. Cornelissen & Hefin Rowlands, 2022. "Building Novel Supply Chain Theory Using “Metaphorical Imagination”," Journal of Supply Chain Management, Institute for Supply Management, vol. 58(1), pages 124-139, January.
    3. Christopher Wickert & Corinne Post & Jonathan P. Doh & John E. Prescott & Andrea Prencipe, 2021. "Management Research that Makes a Difference: Broadening the Meaning of Impact," Journal of Management Studies, Wiley Blackwell, vol. 58(2), pages 297-320, March.
    4. Donal Crilly, 2017. "Time and Space in Strategy Discourse: Implications for Intertemporal Choice," Strategic Management Journal, Wiley Blackwell, vol. 38(12), pages 2370-2389, December.
    5. Tiberio Daddi & Niccolò Maria Todaro & Maria Rosa De Giacomo & Marco Frey, 2018. "A Systematic Review of the Use of Organization and Management Theories in Climate Change Studies," Business Strategy and the Environment, Wiley Blackwell, vol. 27(4), pages 456-474, May.
    6. Szambelan, Sebastian & Jiang, Yi & Mauer, René, 2020. "Breaking through innovation barriers: Linking effectuation orientation to innovation performance," European Management Journal, Elsevier, vol. 38(3), pages 425-434.
    7. Ryan Krause & Michael C. Withers, 2022. "Propulsions Toward What Capes? Testing Normative Theory Through a Panorama of Consequences," Journal of Business Ethics, Springer, vol. 181(2), pages 317-333, November.
    8. Clemente, Marco & Roulet, Thomas, 2015. "Public Opinion as a Source of Deinstitutionalization: A 'Spiral of Silence' Approach," MPRA Paper 60130, University Library of Munich, Germany.
    9. Pär Mårtensson & Uno Fors & Emelie Fröberg & Udo Zander & Gunnar H Nilsson, 2019. "Quality of Research Practice – An interdisciplinary face validity evaluation of a quality model," PLOS ONE, Public Library of Science, vol. 14(2), pages 1-19, February.
    10. Marcelo de Souza Bispo, 2022. "In Defense of Theory and Original Theoretical Contributions in Administration," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 26(6), pages 220158-2201.
    11. Jörgen Sandberg & Mats Alvesson, 2021. "Meanings of Theory: Clarifying Theory through Typification," Journal of Management Studies, Wiley Blackwell, vol. 58(2), pages 487-516, March.
    12. Stephen X. Zhang & Elco Burg, 2020. "Advancing entrepreneurship as a design science: developing additional design principles for effectuation," Small Business Economics, Springer, vol. 55(3), pages 607-626, October.
    13. Schoenherr, Tobias, 2012. "The role of environmental management in sustainable business development: A multi-country investigation," International Journal of Production Economics, Elsevier, vol. 140(1), pages 116-128.
    14. Rodolphe Durand & Robert M. Grant & Tammy L. Madsen & Rodolphe Durand & Robert M. Grant & Tammy L. Madsen, 2017. "The expanding domain of strategic management research and the quest for integration," Strategic Management Journal, Wiley Blackwell, vol. 38(1), pages 4-16, January.
    15. Claudio Biscaro & Anna Comacchio, 2018. "Knowledge Creation Across Worldviews: How Metaphors Impact and Orient Group Creativity," Organization Science, INFORMS, vol. 289(1), pages 58-79, February.
    16. Silbiger, Avi & Barnes, Bradley R. & Berger, Ron & Renwick, Douglas W.S., 2021. "The role of regulatory focus and its influence on the cultural distance – Adjustment relationship for expatriate managers," Journal of Business Research, Elsevier, vol. 122(C), pages 398-410.
    17. Sebastian Markus Szambelan & Yi Dragon Jiang, 2020. "Effectual control orientation and innovation performance: clarifying implications in the corporate context," Small Business Economics, Springer, vol. 54(3), pages 865-882, March.
    18. Peter Seele & Mario D. Schultz, 2022. "From Greenwashing to Machinewashing: A Model and Future Directions Derived from Reasoning by Analogy," Journal of Business Ethics, Springer, vol. 178(4), pages 1063-1089, July.
    19. Bag, Surajit & Rahman, Muhammad Sabbir & Srivastava, Gautam & Shore, Adam & Ram, Pratibha, 2023. "Examining the role of virtue ethics and big data in enhancing viable, sustainable, and digital supply chain performance," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    20. Teerikangas, Satu & Colman, Helene Loe, 2020. "Theorizing in the qualitative study of mergers & acquisitions," Scandinavian Journal of Management, Elsevier, vol. 36(1).

    More about this item

    Keywords

    Manufacturing method; Product-Process Matrix; Functional-Necessity Products; Innovative-Luxury Products; Price Elasticity of Demand;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

    Statistics

    Access and download statistics

    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:ibf:rbfstu:v:10:y:2019:i:1:p:61-76. 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: Mercedes Jalbert (email available below). General contact details of provider: .

    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.