Supply chain efficiency, value creation and the economic crisis – An empirical assessment of the European automotive industry 2002–2010
Marcus Brandenburg
International Journal of Production Economics, 2016, vol. 171, issue P3, 321-335
Abstract:
This paper seeks to evaluate the development of supply chain (SC) efficiency and the resulting impacts on company value. In a secondary data analysis of the European automotive industry, the trends of cost efficiency and working capital performance in the years 2002–2010 and the resulting value impacts are assessed. It is detected that many companies failed to manage cost and working capital in a balanced and value-adding way, which resulted in considerable value losses. The economic crisis is identified as an amplifier, but not the major cause of these negative trends. Originality and value of the paper arise from the scarcity of financial analyses that focus on the car sector or that measure and compare several factors of SC efficiency or value creation.
Keywords: Supply chain performance; Company value; Economic crisis; Secondary data analysis (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527315003758
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:171:y:2016:i:p3:p:321-335
DOI: 10.1016/j.ijpe.2015.07.039
Access Statistics for this article
International Journal of Production Economics is currently edited by Stefan Minner
More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().