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EFFICIENCY ANALYSIS OF HOTELS LISTED IN THE INDONESIAN STOCK EXCHANGE MARKET Bire, Rio Benedicto
TOURISM: Jurnal Travel, Hospitality, Culture, Destination, and MICE Vol 3 No 1 (2020): Tourism: Jurnal Travel, Hospitality, Culture, Destination, and MICE
Publisher : Jurusan Pariwisata Politeknik Negeri Kupang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32511/tourism.v3i1.656

Abstract

This paper aims to assess managerial efficiency of the hotels listed in the Indonesian Stock Exchange (IDX) market by applying a Data Envelopment Analysis (DEA) approach. An input oriented DEA assuming both CRS and VRS was employed utilizing data recorded in the companies’ annual reports of year 2017 which encompassed that of revenue, costs and manpower. Research results alluded to identification of both efficient and inefficient hotels, as well as classification for inefficient units, and recognition of peer and peer groups each inefficient hotel can refer to as to project for improvements. Moreover, DEA results provided numerical figures for input reduction each inefficient unit may endeavor. DEA efficiency scores under CRS were proven to be robust, while those under VRS pointed to low discriminatory power. Overall, the application of DEA proved to be a simple yet highly applicable tool for hotel managers to assess performances in regards to managerial efficiency.
APPLICABILITY OF SCOR-BASED DEA PERFORMANCE MEASUREMENT IN SMALL MED-SIZE ENTERPRISES: A Case Study in Convenience Stores Bire, Rio Benedicto
Jurnal Ilmiah Bisnis dan Ekonomi Asia Vol 15 No 1 (2021): Jurnal Ilmiah Bisnis dan Ekonomi Asia
Publisher : LP2M Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jibeka.v15i1.195

Abstract

This paper aims to test the applicability of a SCOR-based DEA benchmarking approach for SMEs in Indonesia, due to the increasing call for suitable supply chain performance measurement in the context of SMEs. An input-oriented DEA assuming both CRS and VRS was employed by deriving a set of metrics from the SCOR attributes. A sample of 16 SME convenience stores was selected for the illustration. Results show that the SCOR-based DEA provided a simple groundwork for supporting SME managerial decision making in terms of administering concise feedbacks and identifying directions to venture on. Moreover, analysis results alluded to a distinct, more comprehensive assessment of performances as opposed to that of traditional measurements that is prominent among SMEs. The distinct, comprehensive insights from the analysis may engage SMEs into taking up the more innovative performance measurement approach. Moreover, better awareness of supply chain metrics is foreseen. The SCOR-based DEA provided a unique approach to meet the conformance of Indonesian SMEs in regard to supply chain performance measurement.