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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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