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The IUP Journal of Systems Management
Focus

Corporate world sees the library and information services as a significant part of a wider knowledge management activity. Increasing importance is being shown by the corporate world to ensure that they capture, share and exploit knowledge and information rights across organizations. Investments are being made to build online digital libraries to store both internal and external information, and facilitating the end users to access the same with appropriate search and research tools. The digital databases created by the organization are used to provide business intelligence services for the end users, like news monitoring services, profiles of the customers, competitors, etc. Knowledge management has been about breaking down barriers within the organization, and e-business has been about breaking down barriers between the organization and its customers. Building digital library is an institution-wide approach to break down these barriers. Puja Walia Mann and Nidhi in the paper, "Corporate Library: A Digital Aspect", have highlighted the technological aspects of the corporate digital libraries. They have also discussed the benefits rendered by the digital libraries as a medium to assist organizations to improve efficiencies and the associated challenges involved in creating them.

Optimization techniques have been successfully applied to a variety of applications involving multiple objective functions in engineering and management science for quite some time. The goal programming technique which belongs to the discipline of operations research has become one of the widely used approaches to solve large-scale multi-criteria decision-making problems, ever since the technique was first used by Charnes and Cooper during the 1960s. Shantanu Shankar Bagchi in the paper, "Goal Programming and Its Applications in Management Science", has highlighted the features of goal programming technique and its applications in different management fields, such as accounting, marketing, finance and operations management. The application of these techniques while optimizing the resource allocations in multiple product and multiple objective scenarios, cost estimation involving different kinds of estimation of errors, etc., are illustrated. This paper has reviewed the application of this technique in several other areas, like financial and operations management.

Six-sigma was originated and designed initially to improve manufacturing processes and to eliminate defects in them. Subsequently, the same practices were applied to other types of business processes to achieve efficiencies through quantitative measurement and analysis of characteristics of the processes.

The philosophy surrounding these practices emphasizes that a business can be successful only when continuous efforts are made to achieve stable, measurable and predictable processes. Sustained quality improvement requires commitment from the entire organization, particularly from top-level management. Jighyasu Gaur in the paper, "The State of Six-Sigma in Service Processes: A Literature Review", has presented a detailed review of the six-sigma practices in service processes industries and the key benefits derived by the firms which adopted six-sigma practices to improve process efficiencies. The study reveals that while six-sigma is a well proven quality improvement technique for manufacturing industries, the potential benefits that can be derived by adopting these practices are yet to be realized in the service industries.

The widespread implementation of Enterprise Resource Planning (ERP) systems provides ample opportunity to access transactional databases for the integration of supply chain activities. Over a period of time, organizations have developed optimization models to manage transportation and distribution activities. These models need to be integrated with enterprise resource planning systems to handle inbound and outbound logistics functions. The paper by M Raja, "A Model-Based Decision Support to Manage Outbound Logistics", has brought out a case how an optimization model was developed and implemented a decision support system to handle outbound logistics by a large cement manufacturing organization with multiple plants and distribution channels. The developed model is subsequently integrated with the enterprise resource planning software. While the dataflow from transaction system to the optimization model was developed smoothly and transparently, the approach adopted to integrate the transaction processing application with the decision support system was aimed at strengthening the existing scalable information technology infrastructure.

The paper, "Management of Technology in the Pharmaceutical Industry: A Case Study of Select Companies in Iran", by M Mahboudi and B R Ananthan has investigated a possible positive relationship between organizational structure, participative management, training and planning, support and participation of top management, investment and the effectiveness of the Management of Technology (MOT). Hypotheses were formulated and tested with the data collected using a questionnaire. The analysis revealed sufficient evidences to establish a correlation between these variables and MOT effectiveness. In addition, the findings reveal that factors of support and participation of top management, training and planning investment, participative management and organizational structure have the major roles in the effectiveness of MOT.

-- M Raja
Consulting Editor

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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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