The 21st century is a knowledge economic era when a person who could master knowledge and technologies could master the competitive future. The knowledge and technology competition and the emergence of information technology and the Internet in the future have innovation strategies enter a new era. Knowledge management and share as well as innovation strategies of a business present the importance on the enhancement of competitive advantages. Effective knowledge management and innovation strategies become the key in the success.
Aiming at Kunshan German Industrial Park, the executives and employees in 6 of top 500 businesses are distributed 300 copies of questionnaires, among which 218 valid copies are retrieved, with the retrieval rate 73%. The research results show the significant correlations between 1. innovation strategies and competitive advantages, 2. knowledge management and innovative strategies, and 3. knowledge management and competitive advantages. It is expected to assist businesses in constructing knowledge management.
The present study’s primary objective is to identify contributing factors in selecting and evaluating a seafood supplier within the Taiwanese hospitality industry. It illustrates the application of a multicriteria decision-making process to supplier selection within a service setting where it is less common than in a manufacturing context. To implement the study, a survey instrument was created and submitted to Taiwanese hospitality firms, namely hotels and restaurants, to identify contributing factors in the selection of a seafood supplier within six initial areas concerning food hygiene, stafftraining, crisis management, information technology, competitive ability, and logistics and quality assurance. The analytic hierarchical process (AHP) was then applied to the survey results, and the first- and second-level hierarchical factors were rigorously identified and ranked. These can be regarded as useful benchmarks in identifying and ranking the selection and evaluation of a food supplier within the industry. The present study enhances the understanding of supplier selection in the hospitality industry and provides insights which hospitality firms can apply in managing their supply chains. The managerial and research implications of these findings are discussed.
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Authors:Yu-Fu Yang, Ming-Chia Hsieh, and Man-Ting Ku
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