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Black like you : an autobiography
\"Herman Mashaba rose from humble beginnings to become one of South Africa's wealthiest and best-known entrepreneurs, and mayor of Africa's most important city.\"--Back cover.
Book
THE GLASS ESCALATOR, REVISITED: Gender Inequality in Neoliberal Times, SWS Feminist Lecturer
When women work in male-dominated professions, they encounter a \"glass ceiling\" that prevents their ascension into the top jobs. Twenty years ago, I introduced the concept of the \"glass escalator,\" my term for the advantages that men receive in the so-called women's professions (nursing, teaching, librarianship, and social work), including the 'assumption that they are better suited than women for leadership positions. In this article, I revisit my original analysis and identify two major limitations of the concept: (1) it fails to adequately address intersectionality; in particular, it fails to theorize race, sexuality, and class; and (2) it was based on the assumptions of traditional work organizations, which are undergoing rapid transformation in our neoliberal era. The glass escalator assumes stable employment, career ladders, and widespread support for public institutions (e.g., schools and libraries)—which no longer characterize the job market today. Drawing on my studies of the oil and gas industry and the retail industry, I argue that new concepts are needed to understand workplace gender inequality in the 21st century.
Journal Article
Fashion logistics : insights into the fashion retail supply chain
\"Looking at responsible fashion retailing and cost-effective supply chain management, Fashion Logistics examines the early growth and changes in the fashion industry, leading up to the drivers of change in today's market. The book covers international sourcing, merchandising, planning and forecasting, business models, operating strategies, and design distribution models. Along with online supplementary materials for the book in general, each chapter includes figures, tables, references, suggested readings, and mini-case studies with discussion questions\"-- Provided by publisher.
Book
The effect of IoT capability on supply chain integration and firm performance: an empirical study in the UK retail industry
PurposeThe purpose of this study is to use empirical data to examine the hierarchical impact of the Internet of things capability on supply chain integration (SCI), supply chain capability (SCC) and firm performance (FP) in the UK retail industry.Design/methodology/approachA deductive approach was employed to carry out this research. Structural equation modelling (SEM) was performed using the partial least square method (SmartPLS 3.3.3) to test theoretical predictions which underlie the relationships among Internet of things capability (IoTC), SCI, SCC and FP. Data are collected using an online survey completed by senior executives of 66 large, medium and small firms within the UK retail industry.FindingsThe empirical results of this research reveal that IoTC has a significant positive effect on the UK retail industry FP through the mediating role of SCI and SCC.Practical implicationsThe research results from this study provide useful management insights for firms within the retail industry into the development of effective strategies for integrating their supply chain alongside the adoption of IoTC into SCI, consequently leading to improvements in FP.Originality/valueAlthough previous studies have explored the impact of IoT on FP through the sequential mediating role of SCI and SCC, few have explored the impact of the IoT capability (IoTC) on FP through sequential mediators, i.e. SCI and SCC. This study examines the relationship between IoTC, SCI, SCC and FP in the UK retail industry supply chain to address this knowledge gap. Moreover, this study examines the effects of IoTC on FP by applying partial least square (PLS)-SEM techniques. Testing the sequential mediating role of SCI and SCI is undertaken, and the relationships among IoT-enabled SCI and SCC is analysed to improve FP. The robustness check's result through PLSpredict analysis also confirms the power of the model proposed in this study.
Journal Article
The Bright Side of Supplier Encroachment
The common wisdom is that a retailer suffers when its wholesale supplier encroaches on the retailer's operations by selling directly to final consumers. We demonstrate that the retailer can benefit from encroachment even when encroachment admits no synergies and does not facilitate product differentiation or price discrimination. The retailer benefits because encroachment induces the encroaching supplier to reduce the wholesale price in order not to diminish unduly the retailer's demand for the manufacturer's wholesale product. The lower wholesale price and increased downstream competition mitigate double marginalization problems and promote efficiency gains that can secure Pareto improvements.
Journal Article
Market Selection, Reallocation, and Restructuring in the U.S. Retail Trade Sector in the 1990s
The U.S. retail trade sector underwent a massive restructuring and reallocation of activity in the 1990s with accompanying technological advances. Using a data set of establishments in that sector, we quantify and explore the relationship between this restructuring and reallocation and labor productivity dynamics. We find that virtually all of the labor productivity growth in the retail trade sector is accounted for by more productive entering establishments displacing much less productive exiting establishments. The productivity gap between low-productivity exiting single-unit establishments and entering high-productivity establishments from large, national chains plays a disproportionate role in these dynamics.
Journal Article
Optimizing Supply Chain Financial Strategies Based on Data Elements in the China’s Retail Industry: Towards Sustainable Development
China’s retail industry faces unique challenges in supply chain financing, particularly for small and medium-sized enterprises (SMEs) that often struggle to secure loans due to insufficient credit ratings and collateral in the business environment of China. This paper presents a groundbreaking approach that integrates real-time data elements into financing models, addressing the critical issue of information asymmetry between financial institutions and retail SMEs. By leveraging dynamic data such as orders, receivables, and project progress, our novel framework moves beyond the limitations of traditional asset-based lending, employing advanced data analytics for enhanced credit assessment and risk management. Applying the Stackelberg game theory, we explore the strategic interactions between suppliers and purchasers in the retail supply chain, identifying optimal financing strategies that improve capital flow efficiency and reduce overall costs. Our comprehensive data-driven model incorporates various scenarios, including the traditional supply chain financing model (Model T) and the innovative data-element secured financing model (Model G). The latter further considers risk assessment, risk appetite, volume, and schedule factors, providing a holistic approach to financial decision-making. Through rigorous mathematical modeling and numerical analysis, we demonstrate the effectiveness of our proposed framework in optimizing supply chain financing strategies. The results highlight the potential for data-driven approaches to unlock new financing opportunities for SMEs, fostering a more collaborative and efficient ecosystem within the retail industry. This study presents comprehensive data-driven strategies that unlock new financing opportunities for SMEs, providing a practical roadmap for stakeholders to foster a more collaborative and efficient supply chain financing ecosystem. The significance of studying supply chain finance for small and medium-sized enterprises (SMEs) lies in optimizing financing models to address the financing difficulties faced by SMEs. This helps improve their market competitiveness and promotes resource sharing and collaboration among all parties in the supply chain, thereby achieving sustainable economic development.
Journal Article
Customer Supercharging in Experience-Centric Channels
We conjecture that for online retailers, experience-centric offline store formats do not simply expand market coverage, but rather, serve to significantly amplify future positive customer behaviors, both online and offline. We term this phenomenon \"supercharging\" and test our thesis using data from a digital-first men's apparel retailer and a pioneer of the so-called zero inventory store (ZIS) format--a small--footprint, experience--centric retail location that carries no inventory for immediate fulfillment, but fulfils orders via e--commerce. Using a risk--set matching approach, we calibrate our estimates on customers who are \"treated,\" that is, have a ZIS experience, and matched with identical customers who shop online only. We find that after the ZIS experience, customers spend more, shop at a higher velocity, and are less likely to return items. The positive impact on returns is doubly virtuous as it is more pronounced for more tactile, higher--priced items, thus mitigating a key pain point of online retail. Furthermore, the ZIS shopping experience aids product discovery and brand attachment, causing sales to become more diffuse over a larger number of categories. Finally, we demonstrate that our results are robust to self--selection and potentially confounding effects of unobservable factors on the matched pairs of customers. Implications for retailing practice, including for legacy, offline--first retailers, are discussed.
Journal Article
Customer Supercharging in Experience-Centric Channels
We conjecture that for online retailers, experience-centric offline store formats do not simply expand market coverage, but rather, serve to significantly amplify future positive customer behaviors, both online and offline. We term this phenomenon \"supercharging\" and test our thesis using data from a digital-first men's apparel retailer and a pioneer of the so-called zero inventory store (ZIS) format--a small--footprint, experience--centric retail location that carries no inventory for immediate fulfillment, but fulfils orders via e--commerce. Using a risk--set matching approach, we calibrate our estimates on customers who are \"treated,\" that is, have a ZIS experience, and matched with identical customers who shop online only. We find that after the ZIS experience, customers spend more, shop at a higher velocity, and are less likely to return items. The positive impact on returns is doubly virtuous as it is more pronounced for more tactile, higher--priced items, thus mitigating a key pain point of online retail. Furthermore, the ZIS shopping experience aids product discovery and brand attachment, causing sales to become more diffuse over a larger number of categories. Finally, we demonstrate that our results are robust to self--selection and potentially confounding effects of unobservable factors on the matched pairs of customers. Implications for retailing practice, including for legacy, offline--first retailers, are discussed.
Journal Article
Channel Coordination in the Presence of a Dominant Retailer
The retail trade today is increasingly dominated by large, centrally managed \"power retailers.\" In this paper, we develop a channel model in the presence of a dominant retailer to examine how a manufacturer can best coordinate such a channel.
We show that such a channel can be coordinated to the benefit of the manufacturer through either quantity discounts or a menu of two-part tariffs. Both pricing mechanisms allow the manufacturer to charge different effective prices and extract different surpluses from the two different types of retailers, even though they both have the appearance of being \"fair.\" However, quantity discounts and two-part tariffs are not equally efficient from the manufacturers perspective as a channel coordination mechanism. Therefore, the manufacturer must judiciously select its channel coordination mechanism.
Our analysis also sheds light on the role of \"street money\" in channel coordination. We show that such a practice can arise from a manufacturers effort to mete out minimum incentives to engage the dominant retailer in channel coordination. From this perspective, we derive testable implications with regard to the practice of street money.
Journal Article