The Effect of Acquisition Moves on Income, Pre-tax Profits and Future Strategy of Logistics Firms

• Autorzy: Judit Oláh , György Karmazin , Domicián Máté , Janusz K. Grabara , József Popp
• Języki publikacji: EN

Abstrakty

EN

Our research deals with a comprehensive study of the management success factors of logistics service providers using a new approach, and examines the life of logistics service companies. The data were collected from 51 logistics service providers in Hungary. We searched for the proper enterprise scale - acquisitions - strategies (including the method of looking for the economies of scale in the LSP segment to be examined, and the role of strategy choice). Our research has found that among logistics companies those firms which followed the growth pattern has significantly higher sales revenue than the companies growing organically. Additionally, logistics companies - considering their pre-tax profits - work more efficiently when they have a growth strategy (regardless of its time lag). However, this claim is true only for those companies that did not have any (revenue) growth over the previous period. The results of our research can effectively help logistics service providers find their business success factors, which will enable them fulfil the expectations of their customers in the supply chain better. (original abstract)

Słowa kluczowe

EN

Logistic services; Competitiveness; Cooperation

PL

Usługi logistyczne; Konkurencyjność; Współpraca

• Czasopismo: Journal of International Studies
• Rocznik: 2017
• Tom: 10
• Numer: nr 4
• Strony: 233--245

Twórcy

autor

Judit Oláh

• University of Debrecen, Hungary

autor

György Karmazin

• University of Pallasz Athéné, Hungary

autor

Domicián Máté

• University of Debrecen, Hungary

autor

Janusz K. Grabara

• Czestochowa University of Technology, Poland

autor

József Popp

• University of Debrecen, Hungary

Bibliografia

• Bagchi, P. K., & Skjoett- Larsen, T. (2003). Integration of Information Technology and Organizations in a Supply Chain. The International Journal of Logistics Management, 14(1), 89-108. https://doi.org/10.1108/09574090310806477
• Busse, C., & Wallenburg, C. M. (2014). Firm-level innovation management at logistics service providers: an exploration. International Journal of Logistics Research and Applications, 17(5), 396-419. https://doi.org/10.1080/13675567.2013.871509
• Chikán, A. (2013). Mitől versenyképes egy vállalat? Versenyképes vállalat = versenyképes gazdaság. In - (Ed.). Budapest: Világgazdaság. Retrieved from https://www.vg.hu/konferencia/versenykepes-vallalat- versenykepes-gazdasag-410641/
• Gong, K., & Yan, H. (2015). Performance Measurement of Logistics Service Supply Chain Using Bijective Soft Set. Journal of Advanced Manufacturing Systems, 14(1), 23-40. https://doi.org/10.1142/S0219686715500031
• Grondys K, Kott I, & Wiśniewska-Sałek A. (2014). Entrepreneurship as an opportunity of development for Industrial Companies using Logistics centers. Polish Journal of Management Studies, 10, 45-53.
• Gwiazda, A., Monica, Z., & Czekanski, A. (2015). Application of the advanced engineering systems for modeling logistics processes. Forum Scientiae Oeconomia, 3(2), 81-93.
• Hertz, S., & Alfredsson, M. (2003). Strategic development of third party logistics providers. Industrial Marketing Management, 32(2), 139-149. https://doi.org/10.1016/S0019-8501(02)00228-6
• Huemer, L. (2012). Unchained from the chain: Supply management from a logistics service provider perspective. Journal of Business Research, 65(2), 258-264. https://doi.org/10.1016/J.JBUSRES.2011.05.028
• Huo, B., & Zhao, X. (2015). The impacts of trust and contracts on opportunism in the 3PL industry: The moderating role of demand uncertainty. International Journal of Production Economics, 170, 160-170. https://doi.org/10.1016/J.IJPE.2015.09.018
• Kaczmarek J. (2014). Measurement of Creating Corporate Value for Shareholders - Development of Measurements and Improvement of Management Competence and Skills. Polish Journal of Management Studies, 9, 73-82.
• Kovács, G., & Kot, S. (2017). Economic and social effects of novel supply chain concepts and virtual enterprises. Journal of International Studies, 10(1), 237-254. https://doi.org/10.14254/2071-8330.2017/10-1/17
• La Londe, B. J., & Powers, R. F. (1993). Disintegration and Re- Integration: Logistics of the Twenty- First Century. The International Journal of Logistics Management, 4(2), 1-12. https://doi.org/10.1108/09574099310804948
• Lai, K.-H., & Cheng, T. C. E. (2003). Supply chain performance in transport logistics: An assessment by service providers. International Journal of Logistics Research and Applications, 6(3), 151-164. https://doi.org/10.1080/367556031000123115
• Lemoine, W., & Dagnæs, L. (2003). Globalisation strategies and business organisation of a network of logistics service providers. International Journal of Physical Distribution & Logistics Management, 33(3), 209-228. https://doi.org/10.1108/09600030310471961
• Liu, X., Grant, D. B., McKinnon, A. C., & Feng, Y. (2010). An empirical examination of the contribution of capabilities to the competitiveness of logistics service providers. International Journal of Physical Distribution & Logistics Management, 40(10), 847-866. https://doi.org/10.1108/09600031011093232
• Lukassen, P. J. H., & Wallenburg, C. M. (2010). Pricing Third-Party Logistics Services: Integrating Insights from the Logistics and Industrial Services Literature. Transportation Journal. Penn State University Press. https://doi.org/10.2307/40904872
• Maloni, M. J., & Carter, C. R. (2006). Opportunities for Research in Third-Party Logistics. Transportation Journal. Penn State University Press. https://doi.org/10.2307/20713632
• Markides, V., & Holweg, M. (2006). On the diversification of international freight forwarders. International Journal of Physical Distribution & Logistics Management, 36(5), 336-359. https://doi.org/10.1108/09600030610676231
• Meng, S.-M., Liang, G.-S., Lin, K., & Chen, S.-Y. (2010). Criteria for services of air cargo logistics providers: How do they relate to client satisfaction? Journal of Air Transport Management, 16(5), 284-286. https://doi.org/10.1016/J.JAIRTRAMAN.2010.02.003
• Murphy, P. R., & Daley, J. M. (2001). Profiling international freight forwarders: an update. International Journal of Physical Distribution & Logistics Management, 31(3), 152-168. https://doi.org/10.1108/09600030110389433
• Oláh, J., Karmazin, G., Pető, K., & Popp, J. (2017). Information technology developments of logistics service providers in Hungary. International Journal of Logistics Research and Applications, 1-13. https://doi.org/10.1080/13675567.2017.1393506
• Panayides, P. M. (2004). Logistics service providers: An empirical study of marketing strategies and company performance. International Journal of Logistics Research and Applications, 7(1), 1-15. https://doi.org/10.1080/13675560310001619231
• Selviaridis, K., & Spring, M. (2007). Third party logistics: a literature review and research agenda. The International Journal of Logistics Management, 18(1), 125-150. https://doi.org/10.1108/09574090710748207
• Sosnowski, M. (2014). Dilemmas of tax-inducted location decisions. Journal of International Studies, 7(2), 83-95. https://doi.org/10.14254/2071-8330.2014/7-2/7
• Ślusarczyk, B. (2017) Prospects for the shared services centers development in Poland in the context of human resources availability, Polish Journal of Management Studies, 15 (1), 218-231. https://doi.org/10.17512/pjms.2017.15.1.21
• Trembeczky, L. (2007). Az outsourcing működése, lehetőségeinek kihasználása a Honvédelmi Minisztérium - Magyar Honvédség gazdaságosabb ellátása érdekében. Zrínyi Miklós Nemzetvédelmi Egyetem.
• Trentin, A. (2011). Third-party logistics providers offering form postponement services: value propositions and organisational approaches. International Journal of Production Research, 49(6), 1685-1712. https://doi.org/10.1080/00207541003623414
• Walancik, M., & Chmiel, M. (2014). Security as a goal of the state existence-conditions and contexts based on the case of Poland. Forum Scientiae Oeconomia, 2(2), 5-15.
• van der Veeken, D. J. M., & Rutten, W. G. M. M. (1998). Logistics Service Management: Opportunities for Differentiation. The International Journal of Logistics Management, 9(2), 91-98. https://doi.org/10.1108/09574099810805861
• Wong, C. Y., & Karia, N. (2010). Explaining the competitive advantage of logistics service providers: A resource- based view approach. International Journal of Production Economics, 128(1), 51-67. https://doi.org/10.1016/J.IJPE.2009.08.026
• Wu, Y. (2012). A dual-response strategy for global logistics under uncertainty: a case study of a third-party logistics company. International Transactions in Operational Research, 19(3), 397-419. https://doi.org/10.1111/j.1475- 3995.2011.00839.x
• Yeung, H. Y. J., Selen, W., Sum, C., & Huo, B. (2006). Linking financial performance to strategic orientation and operational priorities. International Journal of Physical Distribution & Logistics Management, 36(3), 210-230. https://doi.org/10.1108/09600030610661804
• Zielińska, A., Prudzienica, M., Mukhtar, M., & Mukhtarova, K. (2016). The examples of reverse logistics application in inter-sector partnerships - good practices. Journal of International Studies, 9(3), 279-286. https://doi.org/10.14254/2071-8330.2016/9-3/22

Identyfikatory

DOI

10.14254/2071-8330.2017/10-4/18