The successful implementation of supply chain management depends on many soft issues (strategic/behavioural) such as organizational resistance to change, inter-functional conflicts, joint production planning, profit sharing, team oriented performance measures, channel power shift, information sharing, real time communication, inventory and technical compatibility (Min & Zhou 2002). Many of the ...

We analyse the following question associated with flexible outsourcing under partly imperfect dual domestic labour markets, where skilled workers participate in a firm’s profit: First, how does the implementation of profit sharing influence flexible outsourcing and low-skilled wage and thus how does it affect employment? Second, how do the outsourcing costs affect the low-skilled wage? We show ...

A classifier system is used to learn control and profit optimization of a batch chemical reaction. Ability to learn different market conditions and changes to reaction parameters is demonstrated. The profit sharing algorithm is used for apportionment of credit. The greater effectiveness of the use of the genetic algorithm over apportionment of credit alone or the random replacement of low stren...

in this paper, we introduce non-interest profit/loss sharing (pls) banks into a three-period overlapping generations model. two types, (low- and high quality) investments are assumed and capital accumulation and level of output in the steady state is considered. then, administrative rationing is introduced to the model. it is shown that the level of capital accumulation and output in equilibriu...

Performance Pay, Training and Labor Mobility Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by increasing the returns to training. As a result, profit sharing not only increases productivity by means of an eff...

1 Introduction The idea of collaborative planning processes is to directly connect the resources and exchange relevant data in order to create a common and mutually agreed upon plan [Kilger et al.(2002)]. The collaboration process itself assumes reaching goals that cannot be achieved acting singly [Bruner(1991)]. An additional profit which is generated in the collaboration process should be spl...

Based on two panels of longitudinal data drawn from consecutive time periods, this paper examines whether there is any link between an establishment’s business strategy, its human resources strategy, or its compensation strategy and its subsequent adoption of employee profit sharing. Results indicate that establishments pursuing a low-cost business strategy or a high-wage compensation strategy ...