Integration of multi-channel distribution and its impact on profit of fast fashion companies

Objectives The main objective of this study is to make a comparison between multi-channel distribution and single-channel distribution companies in terms of profit growth. The comparison enables companies to select the type of distribution system suitable for their businesses. Moreover, this paper strives for an effective framework of multi-channel distribution integration, which guides the companies to integrate their distribution channels in the case they choose to apply multi-channel distribution system. Summary Based on data from a survey, the paper explores customer behaviors related to the multi-channel distribution of fast fashion companies and points out that the system helps to enhance customer attraction and brand awareness. It also analyzes the financial performance of five fast fashion companies during a five-year period from 2012 to 2016. Aiming to instruct companies operating in the industry to integrate multiple distribution channels, a framework is proposed based on the original six-stage multi-channel strategy model of Sharma and Mehrotra (2007). Conclusions Integration of multi-channel distribution positively influences customer attraction and brand awareness of fast fashion companies. Nevertheless, e-commerce distribution only fast fashion retailers are having higher net income growth than multi-channel distribution retailers in the recent five years. The single-channel retailers may take into consideration applying the framework proposed in this paper to integrate retail stores with e-commerce channels effectively

Knowledge Creation And Green Entrepreneurship: A Study Of Two Vietnamese Green Firms

This paper aims to advance the understanding and practice of knowledge-based management in Vietnam by studying two Vietnamese agricultural companies. It provides illustrative examples of how knowledge-based management, pursuing a vision that fosters creativity and innovation by employees, could ultimately fulfil the profitability objective of the business and at the same time add value to the community’s quality of life. Using the SECI model as the parameter for analysis, we found that knowledge creation processes were affected by a combination of leadership, teamwork and Ba, corporate culture, and human resource management. Our conclusion emphasises the need for future research to further examine the practice of knowledge-based management in cross-industry segments in Vietnam and in other countries with similar conditions

Model reduction of unstable systems based on balanced truncation algorithm

Model reduction of a system is an approximation of a higher-order system to a lower-order system while the dynamic behavior of the system is almost unchanged. In this paper, we will discuss model order reduction (MOR) strategies for unstable systems, in which the method based on the balanced truncation algorithm will be focused on. Since each MOR algorithm has its strengths and weakness, practical applications should be suitable for each specific requirement. Simulation results will demonstrate the correctness of the algorithms

MOBILE LEARNING FOR PHYSICAL EDUCATION STUDENTS IN VIETNAM: PROMISES AND CHALLENGES

The rise in mobile learning has seen an impressive increase as smartphones and tablets have increased in popularity in recent years. The cheap, easy access to these devices for students contributes to the need for use for educational and learning purposes. This trend is no exception for physical education. This study surveyed 125 physical education students in 4 badminton classes from 2018 to 2020 to evaluate their readiness for mobile learning in terms of hardware devices, technology skills, learning styles, and habits. Data coming from questionnaires in the courses and server logs of a mobile learning system show that the majority of physical education students in the study are ready for mobile learning despite some challenges regarding internet infrastructure and lack of formal online learning skills training. Article visualizations

Customer value in Sharing economy: The case of Airbnb

The sharing economy is an Internet-based business model in which users are directly connected to create, share and exchange goods or services built from underused resources. While this emerging phenomenon has been studied from different perspectives, including technical, social and economic, limited investigation has been done from the customer perspective. The aim of this thesis is to narrow the research gap by applying customer viewpoint to explore and identify customer perceived value inside the sharing economy. From this perspective, customer value is an important concept because creating excellent value to customers is one of strategic decisions for company to sustain and grow in the market. In order to address the research purpose, the author takes an interpretive approach to study customers' experience of using sharing economy. Empirical data is collected, from the case of Airbnb, to identify customer perceived value representing for the sharing economy. The results found by this study are indicated as follows. Firstly, the sharing economy offers customers alternative choices with easier consumption methods at a lower cost. Secondly, the sharing economy offers customers a unique, personal and socially-integrated experience. Finally, the choice of sharing economy reflects a shift in consumer preferences. Although consumers are aware of the potential costs and risks, they still prefer using the sharing economy because of its flexibility and uniqueness. These findings could be useful insights for companies to sharpen their competitive advantages and navigate business strategies

Impact analysis of actuator torque degradation on the IRB 120 robot performance using simscape-based model

Actuators in a robot system may become faulty during their life cycle. Locked joints, free-moving joints, and the loss of actuator torque are common faulty types of robot joints where the actuators fail. Locked and free-moving joint issues are addressed by many published articles, whereas the actuator torque loss still opens attractive investigation challenges. The objectives of this study are to classify the loss of robot actuator torque, named actuator torque degradation, into three different cases: Boundary degradation of torque, boundary degradation of torque rate, and proportional degradation of torque, and to analyze their impact on the performance of a typical 6-DOF robot (i.e., the IRB 120 robot). Typically, controllers of robots are not pre-designed specifically for anticipating these faults. To isolate and focus on the impact of only actuator torque degradation faults, all robot parameters are assumed to be known precisely, and a popular closed-loop controller is used to investigate the robot’s responses under these faults. By exploiting MATLAB-the reliable simulation environment, a simscape-based quasi-physical model of the robot is built and utilized instead of an actual expensive prototype. The simulation results indicate that the robot responses cannot follow the desired path properly in most fault cases

Investigation into Female Solo Travelers: Solo Travel Exposure and Perceived Constraints, Personal Development, Authentic Personality and Self-Esteem

Female solo travelers have become one of the most promising markets in today's tourism industry. Many women are motivated to travel solo with the hope to achieve self-discovery and self-development. Nevertheless, they are hesitant to travel on their own because of various constraints as a woman. Therefore, this study aims to explore solo travel experiences (i.e. solo travel exposure and perceived constraints), and how they contribute to the personal development, authentic personality, and self-esteem of females. A quantitative approach was used to achieve the study objectives. Results confirmed the significant influence of solo travel exposure including three key aspects, frequency of making own solo travel arrangements, frequency of traveling solo and solo trip length of time on minimizing women's solo travel perceived constraints. In addition, this study's findings supported the influence of solo travel constraints on personal development. The difference between internal (e.g. attitudes and perceptions) and external constraints (e.g. local destinations and local hosts) were found to be critical in determining the level of personal development. Lastly, the positive relationship among personal development, authentic personality and self-esteem were also proven confirming the benefits of solo travel and personal development in forming women's authentic personality and self-esteem. The findings of this study contribute to current minimal literature on female solo travel experiences, and assist tourism practitioners in tailoring meaningful experiences to facilitate opportunities for females to learn and grow from their solo travel experiences.Hospitality and Tourism Managemen

Design Low Order Robust Controller for the Generator’s Rotor Angle Stabilization PSS System

The electrical system's problem stabilizes the electrical system with three primary parameters: rotor angle stability, frequency stability, and voltage stability. This paper focuses on the problem of designing a low-order stable optimal controller for the generator rotor angle (load angle) stabilization system with minor disturbances. These minor disturbances are caused by lack of damping torque, change in load, or change in a generator during operation. Using the RH∞optimal robust design method for the Power System Stabilizer (PSS) to stabilize the generator’s load angle will help the PSS system work sustainably under disturbance. However, this technique's disadvantage is that the controller often has a high order, causing many difficulties in practical application. To overcome this disadvantage, we propose to reduce the order of the higher-order optimal robust controller. There are two solutions to reduce order for high-order optimal robust controller: optimal order reduction according to the given controller structure and order reduction according to model order reduction algorithms. This study selects the order reduction of the controller according to the model order reduction algorithms. In order to choose the most suitable low-order optimal robust controller that can replace the high-order optimal robust controller, we have compared and evaluated the order-reducing controllers according to many model order reduction algorithms. Using robust low-order controllers to control the generator’s rotor angle completely meets the stabilization requirements. The research results of the paper show the correctness of the controller order reduction solution according to the model order reduction algorithms and open the possibility of application in practice. Doi: 10.28991/esj-2021-01299 Full Text: PD