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The IUP Journal of Operations Management


November' 06
Focus Areas
  • Inventory Control
  • Supply Chain Management
  • ERP, JIT, TQM
  • Business Process Re-engineering
  • Logistics Management

     

  • Business Process Outsourcing
  • Six Sigma
  • Benchmarking
  • Flexible Manufacturing Systems
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Research Perspective of Supply Chain Modeling
A Heuristic Procedure for One-dimensional Bin-packing Problem with Additional Constraints
Service Quality Measurement in Management Education Institutes
ISO 9000 Implementation in Indian Industries: A Study of its Reasons and Benefits
Why TQM Initiatives Fail?
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Research Perspective of Supply Chain Modeling

-- T T Narendran and K Ganesh

The focus of business has, over the last decade, shifted from individual functions to the entire supply chain. The strategic importance of planning, controlling and designing a supply chain as a whole, has been realized. In an effort to help firms capture the synergy of inter-functional and inter-organizational integration and coordination across the supply chain, and to subsequently make better decisions, this paper outlines the various functions, characteristics and the scope of supply chain modeling, identifying the key challenges and opportunities for researchers in supply chain management.

Article Price : Rs.50

A Heuristic Procedure for One-dimensional Bin-packing Problem with Additional Constraints

-- Satyendra Kumar

In this paper, the author proposes a heuristic algorithm to solve the one-dimensional bin-packing problem with additional constraints. The proposed algorithm has been applied to solve a practical vehicle-allocation problem. The experimental results show that the proposed heuristic provides optimal or near-optimal results, and performs better than the first fit decreasing algorithm, modified to incorporate additional constraints.

Article Price : Rs.50

Service Quality Measurement in Management Education Institutes

-- B A Prajapati and Tohid Kachwala

The delivery of information in the context of knowledge transmission in the case of Management Education Institutes (MEI) is intangible in nature. Therefore, their inputs in terms of delivery of this knowledge—faculty, equipment and the entire environment and infrastructure—are very important for research as well as quality. There exists a gap between the quality rendered by faculty and service provider, and quality required by students. It is essential to understand the exact quality required by the students to develop a course and curriculum that suit their requirements. To understand the quality required, it is mandatory for it to be measured. Service quality can be described in terms of objective and perceptual characteristics: Objective characteristics include things like, lecture time, wait time, etc., and can be easily quantified. Perceptual characteristics on the other hand, depend on the students' perceptions, which include dimensions of service quality based on the SERVQUAL and other service quality instruments. In this paper, the requirements of Business Schools in Mumbai as perceived by students, are evaluated. The questionnaire is on the basis of a hypothesized model for service quality. The responses are evaluated to assess whether the factors identified in the model significantly influence the service quality in business schools. Based on factor analysis of the responses, the authors try to develop a working model for the perceived service quality factors in Management Education Institutes. This will help to identify the improvements in Service Quality in Management Education Institutes.

Article Price : Rs.50

ISO 9000 Implementation in Indian Industries: A Study of its Reasons and Benefits

-- K Subrahmanya Bhat and R Jagadeesh

Quality has been identified as one of the competitive strategies for improving business performance in a global market. Organizations all over the world are using different techniques for quality improvement. ISO 9000, is both a management tool, and a source of competitive advantage, with the potential to stimulate the company in moving towards Total Quality Management (TQM). Indian industries have gone for ISO certification in a big way since the beginning of the 1990s. This paper describes the findings from a survey conducted on a sample of Indian companies that have been ISO 9000:2000 certified. This survey mainly focuses on the reasons for certification and the benefits after certification. The survey also tries to find out the major benefits and difficulties of introducing TQM in Indian industries. The results of this survey show that there is a significant difference between the Indian and foreign industries with regard to internal reasons for ISO 9000 certification. The major benefits achieved by them after certification include customer satisfaction, improved customer service and product quality.

Article Price : Rs.50

Why TQM Initiatives Fail?

-- Mostafa Moballeghi and B Shivaraj

The general definition of Total Quality Management (TQM) as—a philosophy that would enable an organization to consistently meet the needs of customers—is accepted worldwide by manufacturing executives, as a strategic concept for organizational survival. However, reaching the TQM destination has been a continuing challenge for them. This paper focuses on the barrier factors of TQM implementation and the real causes of its failure, and discusses the reason why different manufacturers implement TQM with varying degrees of success. Successful TQM implementation requires a thorough understanding of the critical success factors, barriers to achieve these factors, and managerial tools and techniques to overcome these barriers. The paper concludes that implementation of TQM is not a guarantee for the highest quality, but is a step in the right direction, i.e., there is a need for an increased focus on the area of organizational change related to TQM.

Article Price : Rs.50

Ashok Leyland's ISO 14001 Journey

-- K Subhadra

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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