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Design of a New Reward System
in a Continuous Line Manufacturing Industry
--R M Nachiappan, N Anantharaman and N Muthukumar
The Indian economy is entering a new era of a domestic competition and globalization. In the industrial scenario, all the manufacturing organizations need to continually increase productivity and reduce costs in order to be competitive. The better way for increasing productivity is restructuring the rewarding scheme given to the employees of the organization. The rewarding scheme introduced by Mark Taylor in 1984 concentrates more on individual efficiency only. The method of rewarding is not suitable for this current global manufacturing scenario. The objective of this research paper is to design a suitable rewarding system for a Continuous Line Manufacturing System (CLMS) industry. The new rewarding system for the employees in the organization has been evaluated and implemented in a condom manufacturing industry located in south India. © 2016 IUP. All Rights Reserved.
The Impact of Quality Certifications
on the Quality Management Practices
of Manufacturing Firms in Nagpur Region
--Pallawi B Sangode
In the world of globalization, where organizations are constantly working on making their product global, quality management has started playing a pivotal role. Standardization in the quality of product or the service is brought by the quality management system certification which is either region-specific or global. Past studies show that these certifications have significant impact on the performance of the organization. The paper studies the association between quality and the performance of the organization, and examines the impact of quality certification on the overall performance of the manufacturing firms in Nagpur region. It concludes that quality certifications have a positive impact on the performance of the firms surveyed. © 2016 IUP. All Rights Reserved.
Vendor Selection Model for a Manufacturing Company:
An Analytical Research Approach
--D K Choudhury
The study focuses on the vendor selection process in a manufacturing organization. In present days, manufacturing organizations use their supply chain to complete their production as per schedule and meet the delivery in time. Every manufacturing organization has their own way of selecting their vendors. The researchers have worked in this direction to find out an effective vendor selection process and suggested to consider different factors for selecting a vendor. An attempt has been made in this study to critically analyze the Analytic Hierarchy Process (AHP) as a developed decision-making tool that can be used to select the most suitable vendor. The AHP has been used while conducting this study to ascertain the weightage of selected decision criteria. A vendor selection model has been developed which can be used in real-life situations to take better decision based on most accepted determinants of vendor selection. © 2016 IUP. All Rights Reserved.
Case Study:
Hero MotoCorp’s Quest for Efficiency and Effectiveness
in Supply Chain Management: A Case Study
of Direct On-Line Supplies System
--Mahendra Singh
Efficiency in Supply Chain Management (SCM) has emerged as a challenge for manufacturing organizations. The case becomes more important where most of the materials are to be outsourced. The advanced technologies like Just-in-Time (JIT) and Flexible Manufacturing System (FMS) have increased the importance of supply chain optimization. The case is about Direct-On-Line (DOL) supplies system used by Hero MotoCorp (HMC) (India’s No.1 twowheeler manufacturing company) for managing efficiently their advanced manufacturing system of different components, parts supplies at different units. The study shows how HMC managed their suppliers system by DOL supplies to the different lines of production. The company is known for high quality product variety offerings in two-wheeler market. The supplies system used by company shows high level of efficiency all around. The case discusses the problem of managing high level of outsourcing with low level of inventories at manufacture’s end. The case shows a way out of the complexity of managing large numbers of vendors with the help of Enterprise Resource Planning (ERP) and Information Technology (IT) integration in SCM. The basic objectives covered are: understanding what DOL system is and how it functions © 2016 IUP. All Rights Reserved.
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