Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry
<i>Background:</i> 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 Vietnam...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-09-01
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| Series: | Logistics |
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| Online Access: | https://www.mdpi.com/2305-6290/6/3/64 |
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| author | Nguyen-Nhu-Y Ho Phuong Mai Nguyen Thi-Minh-Ngoc Luu Thi-Thuy-Anh Tran |
| author_facet | Nguyen-Nhu-Y Ho Phuong Mai Nguyen Thi-Minh-Ngoc Luu Thi-Thuy-Anh Tran |
| author_sort | Nguyen-Nhu-Y Ho |
| collection | DOAJ |
| description | <i>Background:</i> 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. <i>Method:</i> Thus, this study proposes using the SBM-I-C DEA model to examine and suggest partners for Vietnamese logistics firms to form strategic alliances. <i>Results:</i> 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. <i>Conclusion:</i> 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. |
| format | Article |
| id | doaj-art-3e8e39a8a38641b183f0e44ca3e9e434 |
| institution | Kabale University |
| issn | 2305-6290 |
| language | English |
| publishDate | 2022-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Logistics |
| spelling | doaj-art-3e8e39a8a38641b183f0e44ca3e9e4342025-08-20T03:33:31ZengMDPI AGLogistics2305-62902022-09-01636410.3390/logistics6030064Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics IndustryNguyen-Nhu-Y Ho0Phuong Mai Nguyen1Thi-Minh-Ngoc Luu2Thi-Thuy-Anh Tran3International School, Vietnam National University, Hanoi 10000, VietnamInternational School, Vietnam National University, Hanoi 10000, VietnamUniversity of Economics and Business, Vietnam National University, Hanoi 10000, VietnamInternational School, Vietnam National University, Hanoi 10000, Vietnam<i>Background:</i> 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. <i>Method:</i> Thus, this study proposes using the SBM-I-C DEA model to examine and suggest partners for Vietnamese logistics firms to form strategic alliances. <i>Results:</i> 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. <i>Conclusion:</i> 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.https://www.mdpi.com/2305-6290/6/3/64super-SBM-I-C DEA modelstrategic allianceVietnam domestic logistics companies |
| spellingShingle | Nguyen-Nhu-Y Ho Phuong Mai Nguyen Thi-Minh-Ngoc Luu Thi-Thuy-Anh Tran Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry Logistics super-SBM-I-C DEA model strategic alliance Vietnam domestic logistics companies |
| title | Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry |
| title_full | Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry |
| title_fullStr | Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry |
| title_full_unstemmed | Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry |
| title_short | Selecting Partners in Strategic Alliances: An Application of the SBM DEA Model in the Vietnamese Logistics Industry |
| title_sort | selecting partners in strategic alliances an application of the sbm dea model in the vietnamese logistics industry |
| topic | super-SBM-I-C DEA model strategic alliance Vietnam domestic logistics companies |
| url | https://www.mdpi.com/2305-6290/6/3/64 |
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