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Japan’s chemical industry is currently amidst mega‐competition in the paradigm shift from an industrial society to an information society that emerged in the 1990s and consequent globalizing economy. The checkered development trajectory of Japan’s chemical industry has resulted in a fragile...
Application of Total Quality Management (TQM) approach has played an important role in the survival and growth of many industries. Indian automobile sector has also adopted TQM path but it is still a player of little consequence in the global auto market. One of the major reasons for dismal...
Consumerism is fast emerging as an environmental force affecting major business decisions as consumers become more aware about their rights. Even though comprehensive staturory measures have been provided in India for curbing unfair business practices, for protecting consumer interest, and for...
In view of the changing business environment, Enterprise Resource Planning (ERP) Systems have come to signify a never before opportunity for oganizations to gain a clear edge over their competitors. A review of related literature reveals a gap in research pertaining to evaluation model for ERP...
This paper investigates adoption of Advanced Manufacturing Technologies (AMT) in India. AMT in India have been classified into three levels (simple &ndash Level I, modest – Level II, and sophisticated – Level III) for the present analysis. A general conclusion can be reached that Indian firms we...
The objective of this paper is to provide a comparative analysis of demand estimation approaches in the context of yield management. We propose different theoretical modeling approaches for demand estimation. Demand is assumed to be function of price, time and inventory remaining. The proposed...
This paper describes with the help of a case study how vendor managed inventory (VMI) model managers in real time the dynamic needs of supply chain process. Throughout the supply chain, VMI model is a way to cut inventory related costs and keep inventory levels low. VMI model helps companies to...
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