Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models

According to literature review and the data of China’s logistics listed companies, this paper firstly designs the high-quality development evaluation system of logistics enterprises and establishes the panel data model group. Secondly, the method of entropy weight-Technique for Order Prefe...

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Main Authors: Yimin Huang, Qiuxiang Li, Xueying Wang, Hongna Wang
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/21/7/641
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author Yimin Huang
Qiuxiang Li
Xueying Wang
Hongna Wang
author_facet Yimin Huang
Qiuxiang Li
Xueying Wang
Hongna Wang
author_sort Yimin Huang
collection DOAJ
description According to literature review and the data of China’s logistics listed companies, this paper firstly designs the high-quality development evaluation system of logistics enterprises and establishes the panel data model group. Secondly, the method of entropy weight-Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS method) is used to synthesize and regress the indexes, and obtains that the fitting degree of the model is low, which is caused by the lack of data of some indicators in the logistics enterprises. Due to the gray nature of data information, the improved gray relational model and the three-dimensional gray relational model are constructed to study, in-depth, the strategic focus and breakthrough of high-quality development of Chinese logistics enterprises. The research finds that the innovation and the operation ability of Chinese logistics enterprises are weak, which shows specifically in the following aspects: (1) The irrational structure of the employees, the proportion of employees with a bachelor degree or above is small, and the high-education personnel fail to significantly promote the corporate performance; (2) R&D expenditure has little effect on the high-quality development of enterprises. The proportion of R&D expenses is small and cannot be translated into actual benefits, and the ability of enterprise management innovation is insufficient. According to these findings, this paper gives three lean paths for the high-quality development of China’s logistics enterprises.
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spelling doaj.art-27c229fdb8fb4cbbb964a9b70875ed592022-12-22T01:59:10ZengMDPI AGEntropy1099-43002019-06-0121764110.3390/e21070641e21070641Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray ModelsYimin Huang0Qiuxiang Li1Xueying Wang2Hongna Wang3School of Management and Economics, North China University of Water Resources and Electric Power, Zhengzhou 450046, ChinaInstitute of Management Science and Engineering, Henan University, Kaifeng 475004, ChinaBusiness School, Henan University, Kaifeng 475004, ChinaSchool of Management and Economics, North China University of Water Resources and Electric Power, Zhengzhou 450046, ChinaAccording to literature review and the data of China’s logistics listed companies, this paper firstly designs the high-quality development evaluation system of logistics enterprises and establishes the panel data model group. Secondly, the method of entropy weight-Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS method) is used to synthesize and regress the indexes, and obtains that the fitting degree of the model is low, which is caused by the lack of data of some indicators in the logistics enterprises. Due to the gray nature of data information, the improved gray relational model and the three-dimensional gray relational model are constructed to study, in-depth, the strategic focus and breakthrough of high-quality development of Chinese logistics enterprises. The research finds that the innovation and the operation ability of Chinese logistics enterprises are weak, which shows specifically in the following aspects: (1) The irrational structure of the employees, the proportion of employees with a bachelor degree or above is small, and the high-education personnel fail to significantly promote the corporate performance; (2) R&D expenditure has little effect on the high-quality development of enterprises. The proportion of R&D expenses is small and cannot be translated into actual benefits, and the ability of enterprise management innovation is insufficient. According to these findings, this paper gives three lean paths for the high-quality development of China’s logistics enterprises.https://www.mdpi.com/1099-4300/21/7/641high-quality developmentmanagement innovationentropy weight-TOPSISgray systemlean
spellingShingle Yimin Huang
Qiuxiang Li
Xueying Wang
Hongna Wang
Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
Entropy
high-quality development
management innovation
entropy weight-TOPSIS
gray system
lean
title Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
title_full Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
title_fullStr Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
title_full_unstemmed Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
title_short Lean Path for High-Quality Development of Chinese Logistics Enterprises Based on Entropy and Gray Models
title_sort lean path for high quality development of chinese logistics enterprises based on entropy and gray models
topic high-quality development
management innovation
entropy weight-TOPSIS
gray system
lean
url https://www.mdpi.com/1099-4300/21/7/641
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AT qiuxiangli leanpathforhighqualitydevelopmentofchineselogisticsenterprisesbasedonentropyandgraymodels
AT xueyingwang leanpathforhighqualitydevelopmentofchineselogisticsenterprisesbasedonentropyandgraymodels
AT hongnawang leanpathforhighqualitydevelopmentofchineselogisticsenterprisesbasedonentropyandgraymodels