scholarly journals Cognitive Styles as Predictors of Managerial Effectiveness: A Study of Private Sector Managers from Manufacturing Industries

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Dr. Ishita Chatterjee ◽  
Sravasti Dey ◽  
Dr. Ishita Chatterjee
Keyword(s):  
Low Cost ◽  
Cognitive Styles ◽  
World Market ◽  
Manufacturing Industries ◽  
Managerial Effectiveness ◽  
Efficient Design ◽  
Intellectual Activity ◽  
Reduced Costs ◽  
Habitual Pattern ◽  
Indian Industries

One of the advantages, the Indian Industries had, was the quality combined with low cost. In recent years, this advantage is waning away because of the invasion of World market by cheaper products from China (Seetharama, 2012). This challenge can be overcome by producing quality products at reduced costs, which in turn requires faster and efficient design, manufacturing methods and effective managers for monitoring. Cognitive style is described as the way individuals imagine, perceive, distinguish, recognize, think and remember information (Rishipal, 2012). It is a persisting habitual pattern of perceptual and intellectual activity. With the help of cognitive styles an individual acquires knowledge (cognition) and processes information (conceptualization).

scholarly journals ABGS: A System for the Automatic Generation of Building Information Models from Two-Dimensional CAD Drawings

2020 ◽  
Vol 12 (17) ◽  
pp. 6713
Author(s):  
Youngsoo Byun ◽  
Bong-Soo Sohn
Keyword(s):  
Computer Aided Design ◽  
Low Cost ◽  
3D Models ◽  
Automatic Generation ◽  
Information Modeling ◽  
Two Dimensional ◽  
Efficient Design ◽  
Information Models ◽  
Building Information ◽  
Floor Plans

Building Information Modeling (BIM) refers to 3D-based digital modeling of buildings and infrastructure for efficient design, construction, and management. Governments have recognized and encouraged BIM as a primary method for enabling advanced construction technologies. However, BIM is not universally employed in industries, and most designers still use Computer-Aided Design (CAD) drawings, which have been used for several decades. This is because the initial costs for setting up a BIM work environment and the maintenance costs involved in using BIM software are substantially high. With this motivation, we propose a novel software system that automatically generates BIM models from two-dimensional (2D) CAD drawings. This is highly significant because only 2D CAD drawings are available for most of the existing buildings. Notably, such buildings can benefit from the BIM technology using our low-cost conversion system. One of the common problems in existing methods is possible loss of information that may occur during the process of conversion from CAD to BIM because they mainly focus on creating 3D geometric models for BIM by using only floor plans. The proposed method has an advantage of generating BIM that contains property information in addition to the 3D models by analyzing floor plans and other member lists in the input design drawings together. Experimental results show that our method can quickly and accurately generate BIM models from 2D CAD drawings.

Managing E-Collaboration Risks in Business Process Outsourcing

2011 ◽  
pp. 424-429
Author(s):  
Anne C. Rouse
Keyword(s):  
Human Resources ◽  
Business Process ◽  
Customer Value ◽  
Business Processes ◽  
World Market ◽  
Business Process Outsourcing ◽  
Customer Support ◽  
Reduced Costs ◽  
External Vendors ◽  
Back Office

A marked development in the last decade has been the growth of “virtual organizations” (or “extended enterprises”), where a network of service supplier and vendor firms cooperates to create customer value. One form of cooperation is described as business process outsourcing (BPO). A business process involves several interrelated activities performed with the goal of generating customer value. Because of the growth in e-collaboration tools, it is now possible for firms to outsource even core business processes to external vendors. Examples of processes typically outsourced include logistics, customer support, human resources, and back-office accounting functions. BPO and the value networks created by vendors and purchasers hold the promise of substantial business benefits associated with specialization and scale. These include reduced costs, greater business flexibility, and higher service quality. According to the Gartner Group, the world market for BPO services is likely to increase from $100 billion in 2002 to $173 billion by 2007(Gartner, 2004).

Development of an integrated framework of LGSS strategies for Indian manufacturing firms to improve business performance: an empirical study

2020 ◽  
Vol 33 (1) ◽  
pp. 257-291 ◽  
Author(s):  
Lokpriya Gaikwad ◽  
Vivek Sunnapwar
Keyword(s):  
Six Sigma ◽  
Positive Impact ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Manufacturing Industries ◽  
Environmental Benefits ◽  
Future Research ◽  
Continuous Growth ◽  
Content Type ◽  
Indian Industries

PurposeThis article aims to explore synergies between Lean, Green and Six Sigma practices in order to propose an integrated LGSS framework for continuous and incremental improvement in the Indian manufacturing industries. The three-dimensional LGSS framework seeks to provide various combinations and support operational, financial, environmental and social needs.Design/methodology/approachIn the research method, first, the current problems faced by Indian manufacturing industries are considered and proposition of a conceptual framework that qualitatively integrates synergistic aspects of Lean, Green and Six Sigma practices, and second, the framework is checked by a survey taken from 203 Indian firms by using SPSS-AMOS.FindingsThe hypothesized result suggests that the positive impact of integrated practices on firm performance in terms of operational, financial, social and environmental outcomes. It also provides a systemic and holistic approach to problem-solving through constant and incremental enhancement in the manufacturing sector.Research limitations/implicationsIn this research, only Indian manufacturing industries have been studied but can be extending into different geographical areas and sectors. Future research is also possible for different behavior and characteristics of companies that can lead to recommending strategies on how companies can improve performance. Most importantly, future research can try to understand which specific practice can contribute to competitive advantage and business success.Practical implicationsManufacturing firms that want to improve environmental sustainability should implement integrated LGSS practices into their supply chain. The set of combined practices improves operational, social, economical and environmental benefits.Social implicationsThe research presents an integrated approach of LSS for the manufacturing industry which leads their business processes to achieve economic sustainability through continuous growth and improved operational efficiency. Manufacturing industries result in outcomes like reduced cost, lead time, improved quality, sustainable market position, profitability, customer satisfaction, etc.Originality/valueThis research is different from previous studies because it integrates Lean, Green and Six Sigma practices into a unique framework that fulfills a specific need of the Indian manufacturing sector that guides operational, social, environmental and financial issues in Indian industries.

Dilemma of “Make in India” for Dalmec industrial manipulator S.P.A, Italy

2017 ◽  
Vol 7 (2) ◽  
pp. 1-15
Author(s):  
Mithilesh Pandey ◽  
Yupal Sanatkumar Shukla
Keyword(s):  
Material Handling ◽  
Low Cost ◽  
Subject Area ◽  
Content Type ◽  
Safety Standards ◽  
Material Handling Equipment ◽  
Foreign Companies ◽  
Quality Material ◽  
Indian Industries ◽  
The Impact

Subject area The subject areas are strategic management, international marketing business-to-business marketing. Study level/applicability The study is applicable to undergraduate and postgraduate courses. Case overview Dalmec Industries Manipulators India Pvt. Ltd. was incorporated in 2011 as a private limited company under the Companies Act, 1956. The company was formed to carry on importing machinery and distributing it to the clients. This case focuses on the dilemma faced by the company: whether it should establish a manufacturing unit in India or continue with the current operation procedures. Dalmec has faced various problems in India regarding local players, low-cost material handling equipment and the nascent stage of material handling industry. In Europe and the Middle East, the industries are more focused on safety standards and provide high quality material handling products to their workers, compared to the Indian industries. As local players in material handling sectors price their product very low, to compete with them with quality products is a major challenge for foreign companies. The company needed to build a strong and unique brand for non-European markets. In India, the material handling equipment market is crowded with local players. So, Dalmec needs to establish its reputation as a reliable partner and create a distinct identity. It has to create brand awareness among Indian companies and influence the decision makers of the corporates. The case discusses the impact of Make in India campaign on Dalmec and examines whether the Make in India initiative will prove helpful to Dalmec. Expected learning outcomes This study enables to familiarize students with the expansion strategy of a company; help students understand the international market entry strategies frequently used by multinationals to expand their business.; examine the feasibility of entering into emerging markets like India; and make students understand the relevance of the Make in India campaign for foreign corporate players. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 11: Strategy.

scholarly journals ‘Paying for the Emergency by displacing the settlers’: global coffee and rural restructuring in late colonial Kenya

2009 ◽  
Vol 4 (1) ◽  
pp. 81-103 ◽  
Author(s):  
David Hyde
Keyword(s):  
Low Cost ◽  
World Market ◽  
Global Market ◽  
Commodity Chain ◽  
Tax Base ◽  
Rural Restructuring ◽  
Mau Mau ◽  
The Face ◽  
Coffee Sector ◽  
Colonial Government

AbstractGlobal coffee markets entered into a deep cyclical downturn from the mid 1950s. As producers, notably Brazil and Colombia, continued to increase their output, intense struggles arose among global competitors for larger slices of a contracting market. The prospect of an economic catastrophe, following the release of Brazil's surplus stocks, preoccupied Kenya's colonial government, which was dependent on tax revenues derived from coffee sales, and was less able to support the settler-dominated industry in the face of the increased costs incurred by the Mau Mau Emergency after 1952. This left European settlers exposed, with many barely able to recover their costs of production. What began as a counter-insurgency strategy, by allowing an elite of African farmers to grow Arabica coffee (a privilege formerly reserved to settlers) was enlarged and accelerated in response to unrelenting global market pressures. These compelled the colonial government to beckon low-cost African farmers into coffee production, in a bid to save its tax base and ensure the survival of the coffee sector. Even though the Coffee Marketing Board confiscated much of their income, African farmers proved well able to rally family labour and achieve surpluses. Rationalization of production and the re-organization of the commodity chain to maintain high quality at lower cost were decisive in both reconfiguring the economic and social relationships that underpinned Kenya's independence in 1963 and securing the country's place on the world market. The aim here is to explain the crisis, and its grip on Kenya's economy during the transition to independence and beyond.

Globalisation, Democratisation and the Institutional Transformation of Taiwan's Welfare Regime

2014 ◽  
Vol 13 (2) ◽  
pp. 275-284 ◽  
Author(s):  
Jen-Der Lue
Keyword(s):  
Social Policy ◽  
Low Cost ◽  
Developmental State ◽  
World Market ◽  
Small States ◽  
Governance Capacity ◽  
Low Cost Strategy ◽  
The One ◽  
The Cost ◽  
Industrialised Countries

In the context of the discussion about the governance capacity of small states in the world market raised by Katzenstein, the case of East Asian newly industrialised countries is an interesting one. This article takes the development of social policy in Taiwan as a case study through which to explore the role of social policy in the process of rapid industrialisation in small states. It is argued that in the initial phase of industrialisation the productive component of social policy was highlighted by the developmental state to serve the goal of economic development. Social policy functioned at this stage as an effective instrument to dampen the cost of labour and thus contributed to the low-cost strategy of developmental state. Since the 1980s, however, social policy has been profoundly transformed as a consequence of economic globalisation on the one hand and domestic democratisation on the other. It is argued that social policy making since the 1990s in Taiwan has shifted in emphasis from the productive to the consumptive component. Finally, it is suggested that three factors will be decisive in determining Taiwan's social policy in the future: limited governmental revenues, fiscal strain due the public debt problem and the steering capacity of minority governments.

The market of tourist and hotel services under modern conditions of economic development of russia

2016 ◽  
Vol 10 (3) ◽  
pp. 171-183
Author(s):  
Екатерина Агамирова ◽  
Ekaterina Agamirova ◽  
Елизавета Агамирова ◽  
Elizaveta Agamirova
Keyword(s):  
Low Cost ◽  
World Market ◽  
Market Mechanism ◽  
Domestic Markets ◽  
Online Sales ◽  
Tourism Product ◽  
Current Events ◽  
Partner Interaction ◽  
Wide Scale ◽  
Tourism And Hospitality

The article deals with the specific characteristics of operating of the market mechanism in the field of tourism and hospitality services, which must be taken into account in the organization of tourism and hotel business. In addition to specific features, to a greater or lesser extent inherent to any market, on which the services are main object of relations, the authors highlight several important distinguishing features, typical mainly for the tourism market. The article notes that elements of macro-environment that are usually attributed to the factors of indirect influence on the company, have, along with elements of micro-environment, direct influence on all the processes taking place on the tourist market. The authors also highlight the main factors that currently have prevailing influence on the function and structure of the tourism market. Among them are a global political situation, public policy and economic processes in the country and world. This article provides a list of current events in the world and Russia, illustrating the interconnection of policies and tourism market structure, shows the mechanism of action of the economic crisis on the dynamics and structure demand and offering on the tourist market, and among others considers the relationship between the development of inbound, outbound and domestic markets during crisis. The article also point out that tourist market by its very nature - is a world market and it is important to consider the interdependence of its main elements on a world-wide scale. This in turn affects the algorithm for solving the problems of effective tourism product planning and development of organized tourism on the basis of partner interaction of all market participants. This article analyzes the development trends of domestic tourism market, as well as identifies the main opportunities for the improvement of the Russian tourist market: the growing online sales, the development of event tourism, low-cost airlines, the development of regional tourism, the formation of a new system of classification of hotels and others.

scholarly journals Will Taiwan Be Marginalized by China?

2003 ◽  
Vol 2 (2) ◽  
pp. 78-97 ◽  
Author(s):  
Tain-Jy Chen
Keyword(s):  
High Risk ◽  
World Trade ◽  
Low Cost ◽  
World Market ◽  
Rapid Expansion ◽  
Loss Of Control ◽  
The World ◽  
Chinese Labor ◽  
Knowledge Intensive ◽  
Trade And Investment

This paper shows that Taiwan has benefited immensely from China's accession to the World Trade Organization, in terms of the expansion of its exports to China, owing to Taiwan's institutional and structural advantages. Behind the rapid expansion of trade and investment, however, Taiwan runs a high risk of hollowing out its domestic industries, a risk that is manifested in a decline in exports, a loss of control over logistics functions that serve the export industry, and the relocation of research and development activities to China. Taiwan is facing an uphill battle of keeping its capital- and knowledge-intensive industries at home while attempting to take advantage of low-cost Chinese labor to retain its position in the world market.

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