| Literature DB >> 35702424 |
Jose Ramon Saura1, Domingo Ribeiro-Soriano2, Daniel Palacios-Marqués3.
Abstract
In recent years, the business ecosystem has focused on understanding new ways of automating, collecting, and analyzing data in order to improve products and business models. These actions allow operations management to improve prediction, value creation, optimization, and automatization. In this study, we develop a novel methodology based on data-mining techniques and apply it to identify insights regarding the characteristics of new business models in operations management. The data analyzed in the present study are user-generated content from Twitter. The results are validated using the methods based on Computer-Aided Text Analysis. Specifically, a sentimental analysis with TextBlob on which experiments are performed using vector classifier, multinomial naïve Bayes, logistic regression, and random forest classifier is used. Then, a Latent Dirichlet Allocation is applied to separate the sample into topics based on sentiments to calculate keyness and p-value. Finally, these results are analyzed with a textual analysis developed in Python. Based on the results, we identify 8 topics, of which 5 are positive (Automation, Data, Forecasting, Mobile accessibility and Employee experiences), 1 topic is negative (Intelligence Security), and 2 topics are neutral (Operational CRM, Digital teams). The paper concludes with a discussion of the main characteristics of the business models in the OM sector that use DDI. In addition, we formulate 26 research questions to be explored in future studies.Entities:
Keywords: Data-driven strategies; Operation Management; Twitter; User-generated content
Year: 2022 PMID: 35702424 PMCID: PMC9185709 DOI: 10.1007/s10479-022-04776-3
Source DB: PubMed Journal: Ann Oper Res ISSN: 0254-5330 Impact factor: 4.820
Previous studies
| Authors | Description |
|---|---|
| Liao et al., ( | This study explored the influence of opinion leaders on social networks (e.g., Twitter) to understand how communities can influence OM by performing sentiment analysis on UGC. |
| Liu et al., ( | This study investigated the main factors to establish challenges for mass customization in OM. The authors used social platforms and networks, including Twitter, as the sources of information. |
| Giannakis et al., ( | This study used UGC on social networks to identify patterns to develop new business products using consumer sentiment analysis. |
| Chae ( | In this study, the hashtag #supplychain was used to extract insights about this industry and to improve processes of management and organization. |
| Chan et al., ( | This study measured and evaluated the role of social media data in operations and production management to improve strategic decision-making from the theoretical and practical perspectives. |
Source: The authors
TextBlob analysis by experiment
| Sl. No. | Model Name | Fold_idx | Accuracy - TextBlob | |
|---|---|---|---|---|
| 0 | RandomForestClassifier | 0 | 0.525468 | |
| 1 | RandomForestClassifier | 1 | 0.537142 | |
| 2 | RandomForestClassifier | 2 | 0.541182 | |
| 3 | RandomForestClassifier | 3 | 0.547633 | |
| 4 | RandomForestClassifier |
|
| |
| 5 | LinearSVC | 0 | 0.864773 | |
| 6 | LinearSVC | 1 | 0.852851 | |
| 7 | LinearSVC |
|
| |
| 8 | LinearSVC | 3 | 0.860905 | |
| 9 | LinearSVC | 4 | 0.861341 | |
| 10 | Multinomial Naïve Bayes | 0 | 0.713652 | |
| 11 | Multinomial Naïve Bayes | 1 | 0.706410 | |
| 12 | Multinomial Naïve Bayes |
|
| |
| 13 | Multinomial Naïve Bayes | 3 | 0.737534 | |
| 14 | Multinomial Naïve Bayes | 4 | 0.732655 | |
| 15 | LogisticRegression | 0 | 0.836789 | |
| 16 | LogisticRegression | 1 | 0.822921 | |
| 17 | LogisticRegression | 2 | 0.832132 | |
| 18 | LogisticRegression |
|
| |
| 19 | LogisticRegression | 4 | 0.834027 |
Brief scores of TextBlob analysis
| Sl. No. | Model Name | Scores of TextBlob analysis |
|---|---|---|
| 1 | LinearSVC | 0.869218 |
| 2 | LogisticRegression | 0.837057 |
| 3 | MultinominalNB | 0.737801 |
| 4 | RandomForestClassifier | 0.555445 |
Classification report of machine-learning model results
| Sl. No. | Parameters | Vader | |||
|---|---|---|---|---|---|
| precision | recall | f1-score | support | ||
| 1 | Negative | 0.75 |
| 0.73 | 20.501 |
| 2 | Positive | 0.83 | 0.76 | 0.80 | 20.201 |
| 3 | Neutral | 0.87 |
| 0.91 | 20.463 |
| 4 | Accuracy | - | - | 0.83 | 43.641 |
| 5 | Macro avg | 0.81 | 0.74 | 0.75 | 43.641 |
| 6 | Weighted avg | 0.78 | 0.81 | 0.83 | 43.641 |
Topic modeling results
| R | Topics | Description | Sent.* | Keyness |
|
|---|---|---|---|---|---|
| 1 | Automation | Studies the initiatives focused on automating processes related to OM and the organization and structure of the systems in the industry | Positive | 733.01 | 0.045 |
| 2 | Data | Focuses on the approach to data for decision making, automation of processes according to the type of data, and sources of data collection. | Positive | 451.73 | 0.031 |
| 3 | Forecasting | Displays information related to new initiatives for forecasting and forecasting demand. | Positive | 423.08 | 0.029 |
| 4 | Mobile Accessibility | Focuses on the initiatives related to the increase in mobile accessibility to OM-related issues at the organizational level. | Positive | 400.97 | 0.027 |
| 5 | Employee experiences | Analyzes the treatment and priority offered by companies in relation to OM and the experiences perceived by employees | Positive | 361.12 | 0.026 |
| 6 | Intelligence Security | Focuses on computer systems that adapt the level of security to companies’ priorities. It also includes computer attacks and cybersecurity strategies | Negative | 347.84 | 0.024 |
| 7 | Operational CRM | Studies the use of Customer Relationship Management (CRM) in OM, as well as the strategies developed in each case. | Neutral | 347.75 | 0.024 |
| 8 | Digital teams | It refers to concepts related to Digital Operation Management (DOM), which consists of mobilizing teams online to make business-related decisions | Neutral | 338.27 | 0.021 |
Grouped keywords by topic
| R | Word | Similar words | Frq. | WP |
|---|---|---|---|---|
| 1 | Automation | Value of automation, benefits of automation, automation tools, automation processes, among other terms. | 7272 | 15.12 |
| 2 | Data | Data use, Big Data tools, data operations, data structure examples, data platforms, among other terms. | 4286 | 13.38 |
| 3 | Forecasting | Forecasting methods, forecasting in management, forecast, forecasting production, among other terms. | 3710 | 11.08 |
| 4 | Mobile accessibility | Mobile operations, UX operations, mobile management, mobile operations managements, among other terms. | 2890 | 7.71 |
| 5 | Employee experiences | Clients’ experiences, customer journey, employees’ cases, employees’ performance, among other terms. | 2749 | 7.01 |
| 6 | Intelligence security | Security operations, incident management, intelligence management, security operations, among other terms. | 2035 | 5.19 |
| 7 | Operational CRM | Management software, processing operations, self-service management, among other terms. | 1987 | 5.11 |
| 8 | Digital teams | Members, employees, team meetings, Skype, Zoom, Google Meet, among other terms. | 1980 | 4.98 |
N-grams for the identified collocates
| R | Collates for Automation | R | Collocates for Data | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Freq | Freq L | Freq R | Collocate | Freq | Freq L | Freq R | Collocate | |||
| 1 | 7272 | 3581 | 1691 | Automation | 1 | 4286 | 2139 | 2147 | Data | |
| 2 | 1491 | 731 | 760 | Tools | 2 | 2604 | 1290 | 1314 | Strategies | |
| 3 | 680 | 357 | 323 | Benefits | 3 | 420 | 200 | 220 | Decision | |
| 4 | 591 | 289 | 302 | Process | 4 | 381 | 186 | 195 | Tools | |
| 5 | 321 | 149 | 172 | Strategies | 5 | 204 | 89 | 115 | Platforms | |
| R | Collates for Forecasting | R | Collocates for Mobile Accessibility | |||||||
| Freq | Freq L | Freq R | Collocate | Freq | Freq L | Freq R | Collocate | |||
| 1 | 3710 | 1840 | 1870 | Forecasting | 1 | 2890 | 1399 | 1491 | MobileAcc. | |
| 2 | 2901 | 1390 | 1511 | Actions | 2 | 891 | 587 | 304 | Remote | |
| 3 | 1002 | 510 | 492 | Management | 3 | 705 | 326 | 379 | Online | |
| 4 | 574 | 276 | 298 | Production | 4 | 579 | 390 | 189 | Connected | |
| 5 | 201 | 99 | 102 | Dashboards | 5 | 102 | 105 | 92 | Management | |
| R | Collates for Employee experiences | R | Collocates for Intelligence Security | |||||||
| Freq | Freq L | Freq R | Collocate | Freq | Freq L | Freq R | Collocate | |||
| 1 | 2749 | 1256 | 1493 | EmployeeExpe. | 1 | 2035 | 967 | 1068 | IntelligenceSec. | |
| 2 | 766 | 356 | 410 | Reviews | 2 | 579 | 267 | 312 | Management | |
| 3 | 508 | 247 | 261 | Feedback | 3 | 320 | 149 | 171 | Cyberattacks | |
| 4 | 487 | 239 | 248 | Performance | 4 | 309 | 152 | 157 | Investments | |
| 5 | 221 | 196 | 25 | Examples | 5 | 281 | 138 | 143 | Privacy | |
| R | Collates for Employee Operational CRM | R | Collocates for Digital Teams | |||||||
| Freq | Freq L | Freq R | Collocate | Freq | Freq L | Freq R | Collocate | |||
| 1 | 1987 | 974 | 1013 | OPCRM | 1 | 1980 | 891 | 1089 | DigitalTeams | |
| 2 | 521 | 253 | 268 | Systems | 2 | 601 | 347 | 254 | Makingdecision | |
| 3 | 554 | 268 | 286 | Tools | 3 | 234 | 106 | 128 | Meetings | |
| 4 | 251 | 117 | 134 | Software | 4 | 163 | 138 | 31 | Shared | |
| 5 | 230 | 128 | 102 | Organize | 5 | 113 | 96 | 17 | Tools | |
Future research questions in relation to DDI in OM research
| Topic | Research questions | Relative authors |
|---|---|---|
| Automation | ♣ What are the main automation tools that increase effectiveness in OM? ♣ How does the automation of processes in OM affect the relationship with suppliers or customers? ♣ What are the pros and cons of automating processes and business models in OM with the use of AI or Big Data? | Tsai et al., ( Zhao et al., ( |
| Data | ♣ What are the main sources of information in OM in relation to the collection and treatment of business process data? ♣ How does the use of data-centric technologies and strategies affect decision-making processes in OM? ♣ Should new OM business models be data-centric to become more profitable? | Awan et al., ( Nwokeji et al. ( |
| Forecasting | ♣ What are the main prediction techniques used in OM to improve the effectiveness of new business models? ♣ What variables in OM should be studied with prediction techniques? ♣ How can the use of demand prediction algorithms in OM influence the production of products and services? | Kumar et al., ( Araz et al., ( |
| Mobile Accessibility | ♣ What are the main influences of the development of mobile technology in the manufacturing processes in OM? ♣ What mobile accessibility technologies should the OM industry adopt? ♣ How will communication with customers and suppliers be transformed with the adoption and use of adoption of new mobile accessibility technologies? | Fragapane et al., ( Yamin & Alharthi ( |
| Employee experiences | ♣ How should OM industry managers propose business models in which employee experiences are perceived as valued? ♣ What are the guidelines for the development of new business models where employees’ experiences and opinions are prioritized? ♣ How should the relationship with stakeholders and communication with employees be linked to improve communication experiences in OM processes? | Reid & Sanders ( Pagell & Gobeli ( |
| Intelligence security | ♣ How should new forms of data collection be applied in OM? ♣ What DDI-centric business models can be adapted to the OM industry? ♣ What protocols executives should take into account when managing collected data and privacy concerns at a professional and industrial level? | (Saura et al., Choi et al., ( |
| Operational CRM | ♣ How should Operational CRMs be improved to function with AI in OM? ♣ What are the main techniques to apply AI in OM when using Operational CRMs? ♣ What are the key variables and indicators to measure strategies and processes in OM when using Operational CRMs? | Liu et al. (2018) Schniederjans et al., ( |
| Digital teams | ♣ Is Industry 4.0 adapted for the adoption of teleworking among its employees in OM? ♣ Do the connectivity of companies and the software and hardware allow incentives to create and communicate between teams? ♣ Do employees have enough tools to work in digital ecosystems and organize teams? | Metallo et al., ( Grover et al., ( |