Welcome to Guest !
 
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
-
   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
The IUP Journal of Operations Management

May '09
Focus

Firms strive to offer value to their customers through mass customization by providing individually designed products and services. However, high process flexibility is a prerequisite to achieve this and process flexibility becomes a key factor for a viable mass customization strategy.

Articles
   
Price
(INR)
Buy
Customization Index: Evaluating the Flexibility of Operations in a Mass Customization Environment
Integrated Approach to Total Productive Lean Six Sigma (TPLSS) Implementation in a Manufacturing Industry
Integrated Vendor-Buyer Cooperative Model with Multivariate Demand and Progressive Credit Period
Kaizen Philosophy: A Review of Literature
Select/Remove All    

Customization Index: Evaluating the Flexibility of Operations in a Mass Customization Environment

-- Cliff Welborn

Mass customization efforts must be carried out in a manner that does not significantly reduce operational efficiency. A key to this objective is deciding which manufacturing processes can be used to customize a product. This paper develops and illustrates a quantitative index used to evaluate process flexibility. The index is used by process designers as a guide to standardization and customization strategies. This paper focuses on the ratios of Tooling Cost (TC) and tool life, and Setup Cost (SC) and production batch size as factors for the Customization Index (CI). A single value is computed as the CI. This paper provides a quantitative template for categorizing processes as flexible or inflexible. This categorization can then be used to determine the appropriate manufacturing processes for mass customization modifications. The proposed methodology can be used by process designers to classify manufacturing processes as targets for standardization efforts or targets for customization efforts. This paper discusses the CI as applied to the processes to manufacture an aluminum electric motor endplate. The CI was used by a large electric motor manufacturer.

Article Price : Rs.50

Integrated Approach to Total Productive Lean Six Sigma (TPLSS) Implementation in a Manufacturing Industry

-- R M Nachiappan, N Anatharaman and N Muthukumar

In today's business environment, it is no longer good enough to be better than the competition down the street or in the local market place. Each company must strive to meet and beat the best from anywhere in the world. Manufacturing operations is one of the prime strategic functions of any business. The effective World Class Manufacturing (WCM) tools being implemented in the manufacturing system can control it. By this the manufacturing system performance will lead the business to a world-class status. The integrated tool model called Total Productive Lean Six Sigma (TPLSS) has been proposed by integrating the three major WCM tools: Total Productive Maintenance (TPM), Lean Manufacturing (LM) and Six Sigma (SS), which are currently used in the industries. Adopting these integrated TPLSS-WCM model will lead the manufacturing system performance to a world-class level in a short time period with less investment. The integrated World Class Manufacturing Performance Tools (WCMPT) has been implemented in the continuous line (condom) manufacturing industry located in south India and the benefits have been explained in detail with respect to the world class performance elements like productivity, quality, safety, environment, delivery, morale, flexibility and cost.

Article Price : Rs.50

Integrated Vendor-Buyer Cooperative Model with Multivariate Demand and Progressive Credit Period

-- S R Singh and Diksha

In the present study, the authors formulate an integrated supply chain model with multivariate demand under progressive credit period for deteriorating items. This paper develops the integrated models with the supplier's trade offer of credit, i.e., supplier offers a deal to the retailer that if he settles the outstanding amount by first offered credit period, the supplier will not charge any interest. If the retailer pays after this but before second credit period, then the supplier charges the retailer on the unpaid balance. If the retailer pays after second credit period, then he will have to pay interest more than in the first credit period. Demand rate depends upon the selling price as well as the stock level available. Shortages are also taken into account. In the proposed model, all increasing deterministic demands are discussed analytically, numerically and graphically in the environment of credit period. This study aims at developing a two-echelon integrated buyer-vendor relationship from the perspective of solving the problem of cost distribution among them.

Article Price : Rs.50

Kaizen Philosophy: A Review of Literature

-- Jagdeep Singh and Harwinder Singh

The ultimate objective of manufacturing industries today is to increase productivity through system simplification, organizational potential and incremental improvements by using modern techniques like Kaizen. Most of the manufacturing industries are currently encountering a necessity to respond to rapidly changing customer needs, desires and tastes. For industries, to remain competitive and retain market share in this global market, continuous improvement of manufacturing system processes has become necessary. Competition and continuously increasing standards of customer satisfaction has proven to be the endless driver of organizations performance improvement. Kaizen refers to continuous improvement in performance, cost and quality. Kaizen strives to empower the workers, increase worker satisfaction, facilitates a sense of accomplishment, thereby creating a pride of work. It not only ensures that manufacturing processes become leaner and fitter, but eliminate waste where value is added. Kaizen by now is a widely discussed, and applied manufacturing philosophy, in a variety of industries across the globe. This paper discusses different articles that have been published in this field and presents a review of literature.

Article Price : Rs.50

P&G's Logistics Revolution: Co-Creating Value

-- Sai Prasanna Ragu

Search
 

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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.

more...

 
View Previous Issues
Operations Management