The degree of intense competition in banking industry of Bangladesh is going to manifold in the current decade. The competition goes not only to capture market share but also to differentiate in offerings and services. The paper has empirically examined the relationship between implementing SWOT analysis and achieving competitive advantage in the sample banks. The study covered six banks i.e., three govt. and three private commercial banks operating in Chittagong district of Bangladesh. The samples consisted of bank branch executives taking six executives of each branch of the study areas. The technique of purposive sampling was used to select the sample respondents where the questionnaire consisted of 12 items that measure the dimensions of competitive advantage and 13 items that represent the process of SWOT analysis. The result of study showed significant correlation between SWOT analysis and dimensions of competitive advantage i.e., speed, quality, flexibility, and cost-benefit. The Co-efficient of Correlation is 0.69. Again, the competitive advantage is a strategic goal and it is a dependent variable. The paper identified that the good performance of a bank was dependent on internal as well as external variables and it was related to achieve a competitive advantage in the sample banks. Thus, for achieving competitive advantage in competitive market, the sample banks may take care of carrying out SWOT analysis on a continuous basis for facing its threats and weaknesses as well as creating opportunities and strengths. The study suggested some strategies for increasing its strengths, opening new opportunities, on one hand and overcoming weaknesses; and resisting threats through choosing areas of improvement like delivery of banking services to the customers at minimum cost, prompt one stop service, flexibility and adaptability in offering competitive banking products, IT based infra-structural facilities, building leadership skills and personality development of bank executives through training on a continuous basis, for sample banks in particular and banking industry of Bangladesh in general.
In this paper, the combined charge difficulty evaluation and testees level for intellect appraisal are to find the
employee performance. In testing the tests and task evaluation of different designation employee’s
performance outcome result is difficult to rank the outcome result. Whereby higher officials evaluate and
provide feedback on employee job performance, including steps to improve or redirect activities as need.
Higher official documenting performance provides a basis for pay increases and promotions. In this project,
higher official evaluates the lower official by assigning task and testees. The higher official will solve the
difficulties of testing and ranking problem for appraisal. All these findings are useful to intelligence tests. Here
the evaluation of each employee was calculated and view by the Bernoulli’s Distribution algorithm.
Task evaluation, employee appraisal, ranking of employees
Sintesis de conclusiones del "Estudio comparativo de las funcionalidades y la aplicabilidad de herramientas informáticas para la previsión de la demanda y la gestión del inventario".
Estudio comparativo de las funcionalidades y la aplicabilidadVarias
Informe completo del "Estudio comparativo de las funcionalidades y la aplicabilidad de herramientas informáticas para la previsión de la demanda y la gestión del inventario".
The degree of intense competition in banking industry of Bangladesh is going to manifold in the current decade. The competition goes not only to capture market share but also to differentiate in offerings and services. The paper has empirically examined the relationship between implementing SWOT analysis and achieving competitive advantage in the sample banks. The study covered six banks i.e., three govt. and three private commercial banks operating in Chittagong district of Bangladesh. The samples consisted of bank branch executives taking six executives of each branch of the study areas. The technique of purposive sampling was used to select the sample respondents where the questionnaire consisted of 12 items that measure the dimensions of competitive advantage and 13 items that represent the process of SWOT analysis. The result of study showed significant correlation between SWOT analysis and dimensions of competitive advantage i.e., speed, quality, flexibility, and cost-benefit. The Co-efficient of Correlation is 0.69. Again, the competitive advantage is a strategic goal and it is a dependent variable. The paper identified that the good performance of a bank was dependent on internal as well as external variables and it was related to achieve a competitive advantage in the sample banks. Thus, for achieving competitive advantage in competitive market, the sample banks may take care of carrying out SWOT analysis on a continuous basis for facing its threats and weaknesses as well as creating opportunities and strengths. The study suggested some strategies for increasing its strengths, opening new opportunities, on one hand and overcoming weaknesses; and resisting threats through choosing areas of improvement like delivery of banking services to the customers at minimum cost, prompt one stop service, flexibility and adaptability in offering competitive banking products, IT based infra-structural facilities, building leadership skills and personality development of bank executives through training on a continuous basis, for sample banks in particular and banking industry of Bangladesh in general.
In this paper, the combined charge difficulty evaluation and testees level for intellect appraisal are to find the
employee performance. In testing the tests and task evaluation of different designation employee’s
performance outcome result is difficult to rank the outcome result. Whereby higher officials evaluate and
provide feedback on employee job performance, including steps to improve or redirect activities as need.
Higher official documenting performance provides a basis for pay increases and promotions. In this project,
higher official evaluates the lower official by assigning task and testees. The higher official will solve the
difficulties of testing and ranking problem for appraisal. All these findings are useful to intelligence tests. Here
the evaluation of each employee was calculated and view by the Bernoulli’s Distribution algorithm.
Task evaluation, employee appraisal, ranking of employees
Sintesis de conclusiones del "Estudio comparativo de las funcionalidades y la aplicabilidad de herramientas informáticas para la previsión de la demanda y la gestión del inventario".
Estudio comparativo de las funcionalidades y la aplicabilidadVarias
Informe completo del "Estudio comparativo de las funcionalidades y la aplicabilidad de herramientas informáticas para la previsión de la demanda y la gestión del inventario".
Master thesis exploring the emerging field of Mobile App Analytics. We explore the potentials of the mobile app as a data source and the current stage within mobile app analytics
AN ITERATIVE HYBRID AGILE METHODOLOGY FOR DEVELOPING ARCHIVING SYSTEMSijseajournal
With the massive growth of the organizations files, the needs for archiving system become a must. A lot of time is consumed in collecting requirements from the organization to build an archiving system. Sometimes the system does not meet the organization needs. This paper proposes a domain-based requirement engineering system that efficiently and effectively develops different archiving systems based on new
suggested technique that merges the two best used agile methodologies: extreme programming (XP) and SCRUM. The technique is tested on a real case study. The results shows that the time and effort consumed during analyzing and designing the archiving systems decreased significantly. The proposed methodology also reduces the system errors that may happen at the early stages of the development of the system.
AN ITERATIVE HYBRID AGILE METHODOLOGY FOR DEVELOPING ARCHIVING SYSTEMSijseajournal
With the massive growth of the organizations files, the needs for archiving system become a must. A lot of
time is consumed in collecting requirements from the organization to build an archiving system. Sometimes
the system does not meet the organization needs. This paper proposes a domain-based requirement
engineering system that efficiently and effectively develops different archiving systems based on new
suggested technique that merges the two best used agile methodologies: extreme programming (XP) and
SCRUM. The technique is tested on a real case study. The results shows that the time and effort consumed
during analyzing and designing the archiving systems decreased significantly. The proposed methodology
also reduces the system errors that may happen at the early stages of the development of the system.
“RAKTANCHAL” An Blood bank finder application (Priyanka Tiwari) (4) (1).docxArpitMishra139426
HR FINAL YEAR PROJECT
This idea came into my mind with my own family situation... Some time ago... My relative accidental case. He need blood but at that time there is no availability of blood bank in my town
So i thought i will make an app which helps people to easily communicate with blood bank.
This idea not only for buisness purpose,it also save human life. Make human life easy and more happy....
This idea came into my mind with my own family situation... Some time ago... My relative accidental case. He need blood but at that time there is no availability of blood bank in my town
So i thought i will make an app which helps people to easily communicate with blood bank.
This idea not only for buisness purpose,it also save human life. Make human life easy and more happy....
Chapter 3: FEASIBILITY STUDY
FEASIBILITY STUDY
A feasibility study is a high-level capsule version of the entire System analysis and Design Process. The study begins by classifying the problem definition. Feasibility is to determine if it’s worth doing. Once an acceptance problem definition has been generated, the analyst develops a logical model of the system. A search for alternatives is analyzed carefully. There are 3 parts in feasibility study.
i. Managerial feasibility
ii. Technical feasibility
iii. Financial feasibility
iv. Commercial and economic feasibility
v. Social feasibility or acceptability
1. Managerial feasibility
Operational feasibility is the measure of how well a proposed system solves the problems, and takes advantage of the opportunities identified during scope definition and how it satisfies the requirements identified in the requirements analysis phase of system development.
The operational feasibility assessment focuses on the degree to which the proposed development projects fits in with the existing business environment and objectives with regard to development schedule, delivery date, corporate culture and existing business processes.To ensure success, desired operational outcomes must be imparted during design and development. These include such design-dependent parameters as reliability, maintainability, supportability, usability, producibility, disposability, sustainability, affordability and others. These parameters are required to be considered at the early stages of design if desired operational behaviours are to be realised.
A system design and development requires appropriate and timely application of engineering and management efforts to meet the previously mentioned parameters.
A system may serve its intended purpose most effectively when its technical and operating characteristics are engineered into the design. Therefore, operational feasibility is a critical aspect of systems engineering that needs to be an integral part of the early design phases.
2. TECHNICAL FEASIBILITY
This involves questions such as whether the technology needed for the system exists, how difficult it will be to build, and whether the firm has
Ll from over 200 projects presentation fileKMIRC PolyU
The talk summarises the lessons learnt from nearly 200 cases of Knowledge Management journeys by Hong Kong and Asian enterprises. Much of the data is gained through the extensive number of student, consultancy and research projects carried out or supervised by KMIRC staff at private companies, non-profit social services organizations and government departments.
LEAN THINKING IN SOFTWARE ENGINEERING: A SYSTEMATIC REVIEWijseajournal
The field of Software Engineering has suffered considerable transformation in the last decades due to the influence of the philosophy of Lean Thinking. The purpose of this systematic review is to identify practices and approaches proposed by researchers in this area in the last 5 years, who have worked under the influence of this thinking. The search strategy brought together 549 studies, 80 of which were classified as
relevant for synthesis in this review. Seventeen tools of Lean Thinking adapted to Software Engineering were catalogued, as well as 35 practices created for the development of software that has been influenced by this philosophy. The study rovides a roadmap of results with the current state of the art and the identification of gaps pointing to opportunities for further esearch.
Corporate bankruptcy prediction using Deep learning techniquesShantanu Deshpande
Corporate Bankruptcy prediction using Recurrent neural networks – Aim is to build a recurrent neural network-based model to predict whether company will become bankrupt or not using financial ratios of Polish companies.
Methodologies & Tools: CRISP-DM, SMOTE-ENN, GA Algorithm, LSTM network (type of RNN)
Going Mobile With Enterprise Applications - A study on user behavior and perceptions.
This paper presents findings from three research studies carried out to understand the user behavior and explore the value in using mobile devices for accessing enterprise products.
The focus is essentially on the expectations of the end-‐users, namely, information technology (IT) administrators. In this case, we were exploring how the users of enterprise products might want to leverage mobile technology to access their everyday tasks and information, and therefore identify potential opportunities and challenges for extending their user experience to such devices.
Performance Evaluation of Software Quality ModelEditor IJMTER
With the advent of Internet revolution and the emergence of knowledge based systems, Quality acquires a wider
and more challenging dimension. Quality has evolved and undergone transformation from the inspection era to
the quality control regime and then to quality management and finally to the present TQM approach. At every
stage of the transformation “Quality” has been attaining wider dimension with respect to Customer focus,
continual improvement and has been evolving for addressing increasing demands of customers with respect to
delivery of products and services.
Methodological aspects of medical app evaluation a systematic review – pubricaPubrica
Different significances and motives reveal academics' interest in systematic app assessment over mobile applications.
1. Search strategy
2. Information
3. Application
4. Outcome
Learn More : https://bit.ly/3BUIJ2S
Reference: https://pubrica.com/services/research-services/systematic-review/
Why Pubrica:
When you order our services, we promise you the following – Plagiarism free | always on Time | 24*7 customer support | Written to international Standard | Unlimited Revisions support | Medical writing Expert | Publication Support | Bio statistical experts | High-quality Subject Matter Experts.
Contact us:
Web: https://pubrica.com/
Blog: https://pubrica.com/academy/
Email: sales@pubrica.com
WhatsApp : +91 9884350006
United Kingdom: +44-1618186353
Human safety in the Middle East is a crucial aspect especially when working on critical mission systems. Any trivial error may result in inevitable dangerous causalities that lead to loss of innocent souls. The main objective of this paper is to introduce a complete study of a system that automates the currently adopted manual process of having dedicated men to control the barriers at the railway crossings when trains pass, the main objective is to reduce the possible human errors resulting from manual control. This study aims to provide a robust solution that adheres to a formal, systematic and new procedure to enhance the overall quality of requirements gathered for critical systems. In addition, it reflects how effective is the usage of goal oriented modelling in requirements elicitation stage for critical systems to define a clear scope and validate requirements against any missing, inconsistent or vague requirements at early stage.
Methodological aspects of medical app evaluation a systematic review – pubricaPubrica
Different significances and motives reveal academics' interest in systematic app assessment over mobile applications.
1. Search strategy
2. Information
3. Application
4. Outcome
Learn More : https://bit.ly/3BUIJ2S
Reference: https://pubrica.com/services/research-services/systematic-review/
Improving Effort Estimation in Agile Software Development ProjectsGedi Siuskus
A key principle in agile software development is to manage changing user needs at different phases of the software project development cycle. It splits the development into smaller iterations (sprints) to keep both developers and customers focused on one of them at the time. By planning and working on small consecutive iterations agile teams reduce uncertainty of changing user needs. However this approach has its drawbacks too. It becomes hard for agile team to plan and estimate the whole project in advance accurately as not much information is available. Therefore agile project planning turns into guesstimation of the effort required. It is based on available information about the system requirements and resources available. This paper proposes a method to improve the agile effort guesstimation by applying functional analysis to size user stories. A number of user stories from a media company are obtained to conduct the case study. The COSMIC method is used to size the user stories in functional points. Next those measurements are later applied to calculate the final project effort. The case study concludes that COSMIC user requirements sizing method can improve effort estimation and benefit agile teams in planning projects.
Keywords: agile, effort estimation, user story, function points, COSMIC.
Identifying knowledge value measurement in a company - june 2006Epistema
Paper Contribution for Knowledge Board Community - UK- after Conference: "Contactivity '06" - april 2006, at Business School of University of Greenwich - London
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Master thesis exploring the emerging field of Mobile App Analytics. We explore the potentials of the mobile app as a data source and the current stage within mobile app analytics
AN ITERATIVE HYBRID AGILE METHODOLOGY FOR DEVELOPING ARCHIVING SYSTEMSijseajournal
With the massive growth of the organizations files, the needs for archiving system become a must. A lot of time is consumed in collecting requirements from the organization to build an archiving system. Sometimes the system does not meet the organization needs. This paper proposes a domain-based requirement engineering system that efficiently and effectively develops different archiving systems based on new
suggested technique that merges the two best used agile methodologies: extreme programming (XP) and SCRUM. The technique is tested on a real case study. The results shows that the time and effort consumed during analyzing and designing the archiving systems decreased significantly. The proposed methodology also reduces the system errors that may happen at the early stages of the development of the system.
AN ITERATIVE HYBRID AGILE METHODOLOGY FOR DEVELOPING ARCHIVING SYSTEMSijseajournal
With the massive growth of the organizations files, the needs for archiving system become a must. A lot of
time is consumed in collecting requirements from the organization to build an archiving system. Sometimes
the system does not meet the organization needs. This paper proposes a domain-based requirement
engineering system that efficiently and effectively develops different archiving systems based on new
suggested technique that merges the two best used agile methodologies: extreme programming (XP) and
SCRUM. The technique is tested on a real case study. The results shows that the time and effort consumed
during analyzing and designing the archiving systems decreased significantly. The proposed methodology
also reduces the system errors that may happen at the early stages of the development of the system.
“RAKTANCHAL” An Blood bank finder application (Priyanka Tiwari) (4) (1).docxArpitMishra139426
HR FINAL YEAR PROJECT
This idea came into my mind with my own family situation... Some time ago... My relative accidental case. He need blood but at that time there is no availability of blood bank in my town
So i thought i will make an app which helps people to easily communicate with blood bank.
This idea not only for buisness purpose,it also save human life. Make human life easy and more happy....
This idea came into my mind with my own family situation... Some time ago... My relative accidental case. He need blood but at that time there is no availability of blood bank in my town
So i thought i will make an app which helps people to easily communicate with blood bank.
This idea not only for buisness purpose,it also save human life. Make human life easy and more happy....
Chapter 3: FEASIBILITY STUDY
FEASIBILITY STUDY
A feasibility study is a high-level capsule version of the entire System analysis and Design Process. The study begins by classifying the problem definition. Feasibility is to determine if it’s worth doing. Once an acceptance problem definition has been generated, the analyst develops a logical model of the system. A search for alternatives is analyzed carefully. There are 3 parts in feasibility study.
i. Managerial feasibility
ii. Technical feasibility
iii. Financial feasibility
iv. Commercial and economic feasibility
v. Social feasibility or acceptability
1. Managerial feasibility
Operational feasibility is the measure of how well a proposed system solves the problems, and takes advantage of the opportunities identified during scope definition and how it satisfies the requirements identified in the requirements analysis phase of system development.
The operational feasibility assessment focuses on the degree to which the proposed development projects fits in with the existing business environment and objectives with regard to development schedule, delivery date, corporate culture and existing business processes.To ensure success, desired operational outcomes must be imparted during design and development. These include such design-dependent parameters as reliability, maintainability, supportability, usability, producibility, disposability, sustainability, affordability and others. These parameters are required to be considered at the early stages of design if desired operational behaviours are to be realised.
A system design and development requires appropriate and timely application of engineering and management efforts to meet the previously mentioned parameters.
A system may serve its intended purpose most effectively when its technical and operating characteristics are engineered into the design. Therefore, operational feasibility is a critical aspect of systems engineering that needs to be an integral part of the early design phases.
2. TECHNICAL FEASIBILITY
This involves questions such as whether the technology needed for the system exists, how difficult it will be to build, and whether the firm has
Ll from over 200 projects presentation fileKMIRC PolyU
The talk summarises the lessons learnt from nearly 200 cases of Knowledge Management journeys by Hong Kong and Asian enterprises. Much of the data is gained through the extensive number of student, consultancy and research projects carried out or supervised by KMIRC staff at private companies, non-profit social services organizations and government departments.
LEAN THINKING IN SOFTWARE ENGINEERING: A SYSTEMATIC REVIEWijseajournal
The field of Software Engineering has suffered considerable transformation in the last decades due to the influence of the philosophy of Lean Thinking. The purpose of this systematic review is to identify practices and approaches proposed by researchers in this area in the last 5 years, who have worked under the influence of this thinking. The search strategy brought together 549 studies, 80 of which were classified as
relevant for synthesis in this review. Seventeen tools of Lean Thinking adapted to Software Engineering were catalogued, as well as 35 practices created for the development of software that has been influenced by this philosophy. The study rovides a roadmap of results with the current state of the art and the identification of gaps pointing to opportunities for further esearch.
Corporate bankruptcy prediction using Deep learning techniquesShantanu Deshpande
Corporate Bankruptcy prediction using Recurrent neural networks – Aim is to build a recurrent neural network-based model to predict whether company will become bankrupt or not using financial ratios of Polish companies.
Methodologies & Tools: CRISP-DM, SMOTE-ENN, GA Algorithm, LSTM network (type of RNN)
Going Mobile With Enterprise Applications - A study on user behavior and perceptions.
This paper presents findings from three research studies carried out to understand the user behavior and explore the value in using mobile devices for accessing enterprise products.
The focus is essentially on the expectations of the end-‐users, namely, information technology (IT) administrators. In this case, we were exploring how the users of enterprise products might want to leverage mobile technology to access their everyday tasks and information, and therefore identify potential opportunities and challenges for extending their user experience to such devices.
Performance Evaluation of Software Quality ModelEditor IJMTER
With the advent of Internet revolution and the emergence of knowledge based systems, Quality acquires a wider
and more challenging dimension. Quality has evolved and undergone transformation from the inspection era to
the quality control regime and then to quality management and finally to the present TQM approach. At every
stage of the transformation “Quality” has been attaining wider dimension with respect to Customer focus,
continual improvement and has been evolving for addressing increasing demands of customers with respect to
delivery of products and services.
Methodological aspects of medical app evaluation a systematic review – pubricaPubrica
Different significances and motives reveal academics' interest in systematic app assessment over mobile applications.
1. Search strategy
2. Information
3. Application
4. Outcome
Learn More : https://bit.ly/3BUIJ2S
Reference: https://pubrica.com/services/research-services/systematic-review/
Why Pubrica:
When you order our services, we promise you the following – Plagiarism free | always on Time | 24*7 customer support | Written to international Standard | Unlimited Revisions support | Medical writing Expert | Publication Support | Bio statistical experts | High-quality Subject Matter Experts.
Contact us:
Web: https://pubrica.com/
Blog: https://pubrica.com/academy/
Email: sales@pubrica.com
WhatsApp : +91 9884350006
United Kingdom: +44-1618186353
Human safety in the Middle East is a crucial aspect especially when working on critical mission systems. Any trivial error may result in inevitable dangerous causalities that lead to loss of innocent souls. The main objective of this paper is to introduce a complete study of a system that automates the currently adopted manual process of having dedicated men to control the barriers at the railway crossings when trains pass, the main objective is to reduce the possible human errors resulting from manual control. This study aims to provide a robust solution that adheres to a formal, systematic and new procedure to enhance the overall quality of requirements gathered for critical systems. In addition, it reflects how effective is the usage of goal oriented modelling in requirements elicitation stage for critical systems to define a clear scope and validate requirements against any missing, inconsistent or vague requirements at early stage.
Methodological aspects of medical app evaluation a systematic review – pubricaPubrica
Different significances and motives reveal academics' interest in systematic app assessment over mobile applications.
1. Search strategy
2. Information
3. Application
4. Outcome
Learn More : https://bit.ly/3BUIJ2S
Reference: https://pubrica.com/services/research-services/systematic-review/
Improving Effort Estimation in Agile Software Development ProjectsGedi Siuskus
A key principle in agile software development is to manage changing user needs at different phases of the software project development cycle. It splits the development into smaller iterations (sprints) to keep both developers and customers focused on one of them at the time. By planning and working on small consecutive iterations agile teams reduce uncertainty of changing user needs. However this approach has its drawbacks too. It becomes hard for agile team to plan and estimate the whole project in advance accurately as not much information is available. Therefore agile project planning turns into guesstimation of the effort required. It is based on available information about the system requirements and resources available. This paper proposes a method to improve the agile effort guesstimation by applying functional analysis to size user stories. A number of user stories from a media company are obtained to conduct the case study. The COSMIC method is used to size the user stories in functional points. Next those measurements are later applied to calculate the final project effort. The case study concludes that COSMIC user requirements sizing method can improve effort estimation and benefit agile teams in planning projects.
Keywords: agile, effort estimation, user story, function points, COSMIC.
Identifying knowledge value measurement in a company - june 2006Epistema
Paper Contribution for Knowledge Board Community - UK- after Conference: "Contactivity '06" - april 2006, at Business School of University of Greenwich - London
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Comparative study of the computer tools functions...
1. "COMPARATIVE STUDY OF THE COMPUTER TOOLS FUNCTIONS AND
APPLICABILITY FOR DEMAND FORECAST AND INVENTORY
MANAGEMENT"
CONCLUSIONS SUMMARY
Barcelona, March 2011
2.
3. INDEX
1. INTRODUCTION ......................................................................................................... 2
2. STUDY OBJECTIVES .................................................................................................... 3
3. METHODOLOGY......................................................................................................... 3
4. CONCLUSIONS ........................................................................................................... 5
Comparative study of the computer tools functions and applicability for demand forecast 1
and inventory management
4. 1. INTRODUCTION
This research study of demand forecast management optimization and inventory management tools
is a collaborative effort between the Camilo José Cela University and EAE Foundation.
Camilo José Cela University (UCJC) was created in 2000 as a projection of more than a century
educational experience of SEK School. Its objectives are to develop a quality college education
project where they could form "global academics". That is to say, professionally prepared young
people with a comprehensive view of society and the XXI century’s world.
The UCJC is a free, independent and modern university with wide degree choices and adapted to
society’s changing needs, as the Bachelor of Science in European Transport and Logistics, or the
Master in Operations and Logistics, are official degrees with its Advisory Council comprising of large
national and international companies and organizations, with relevance in Logistics and Transport
scope.
EAE Foundation is an organization dedicated to train in business management scope, covering both
general and specific areas of business management, whose variety of programs are offered through
Business Management Institute (IGEMA). IGEMA-EAE Foundation is a Camilo José Cela University’s
collaborating centre.
The IGEMA-EAE Foundation activity is aimed to train managers, middle managers and technicians
toward excellence in its management as responsible for any area or business sector, giving them, by
quality training, tools that provide optimal results in their work, attending the new excellence
standards demanded by the XXIth century organizations.
EAE Foundation, in its capacity as a non-profit institution, promotes, develops and disseminates
disclose activities in order to generate and transfer new knowledge to people in the organization and
business administration.
With the increasing importance of logistics in both production and distribution sectors, and in order
to promote awareness to the subject as a source of strategic application knowledge, the EAE
Foundation conducts researches and promotes the diffusion of knowledge in this area.
In this case, the Camilo José Cela University Vice-chancellor of Research, in close collaboration with
EAE Foundation, has made the present study in order to find out which has been the recent
development in software tools of support for demand forecasting and inventory management, as
well as trying to define future trends, identifying the users’ needs.
The study direction was carried out by:
Dr. Adolfo Sánchez Burón – Research Vice-Chancellor of UCJC.
Dr. Alfonso Cebrián Díaz – Research Director of UCJC.
Dr. Oscar Coduras Martínez – Research and Consulting Director of EAE Foundation.
Javier Marín Lacasta – Operations and Logistics Professor EAE Foundation.
2 Comparative study of the computer tools functions and applicability for demand forecast
and inventory management
5. 2. STUDY OBJECTIVES
The main research objective is to have a comparative study of different computer applications in the
demand forecasting and inventory management scope, based on several variables identified as key
attributes of applications.
For this purpose, the study presents an analysis from the perspective of the application user,
identifying both the motivations for acquiring software with such features and the uses to which it is
intended, an evaluation of implementation and satisfaction with the obtained results as well as the
services obtained from suppliers. The results of the acquired information are presented on an overall
evaluation for each of the variables and a comparison of these variables among the leading suppliers
in the market.
As secondary objective, this research aims to increase the sensitivity of the business about the
importance of demand forecasting and inventory management efficiency and competitiveness of
enterprises. To reach the customer with the demanded product, in the exact amount and at the right
time, is the factor that may cause the company to achieve or not their objectives. More than ever
and for that reason a demand forecasting and a very comprehensive inventory management is
needed.
Stock out, both in production and distribution, involves the manufacturing rates delay or lost sales. In
both cases it is that, in such circumstances, companies maintain part of their resources as idle, which
directly affects your productivity and profitability.
This study does not attempt criticism or underestimating of any of the sector agents. On the contrary
it, seeks to encourage all the players, the users to perform and the providers to advance, to work
with and in some applications that, at the present, are little more than necessary compared to more
generic s and less specialized systems and tools in this area than those discussed in here.
3. METHODOLOGY
For the study development, a research methodology based on the use of primary sources and
quantitative research techniques has been used. To gather information for the users’ side, a
questionnaire was designed to provide the evaluation of the items object of interest for the research.
As techniques, for the fieldwork development, the telephone interview or email were identified as
the most appropriate, given that the interviewees profiles were assumed difficult to locate and
would have difficulties answering a questionnaire that required to spend some time, including that
some of the information requested was likely not to be in the respondent memory and the answer
should be looked causing postponing their response.
The considered universe has been the software tools for demand forecasting and inventory
management users located in Spain, having been identified as providers of software the following:
Oracle (Demantra); Microsoft (Demand Planner); Logility, previously Demand Solutions (DS One);
Infor (Demand Planning); ToolsGroup (Service Optimizer 99+, antes DPM); Slimstock (Slim4); TXT
(Perform 2008); JDA, previously i2 y Manugistics (i2 / Strategic Supply & Demand Management)
providers; SAP (APO); Infor, previously Finmatica (MerciaLincs); Barloworld (Optimiza) y Logility
(Voyager).
Comparative study of the computer tools functions and applicability for demand forecast 3
and inventory management
6. The users located in Spain listed by the several providers in their web pages were, initially, taken as
accessible population. They are concreted as:
Oracle (Demantra): 6 user references estimated.
Microsoft (Demand Planner): 5 user references estimated.
Toolsgroup (Service Optimizer 99+): 52 user references estimated.
Slimstock (Slim4): 43 user references estimated.
TXT (Perform 2008): 13 user references estimated.
JDA (i2 / Strategic Supply & Demand Management): 10 user references estimated.
SAP (APO): 11 user references estimated.
This totals 140 user references estimated.
Initially, a sample was not quantified because it was considered to try to contact all of them. So, the
sample would be configured by users willing to respond the questionnaire which, once the fieldwork
done, changed the initial configuration forecasts sample, by identifying new users.
Another of the circumstances that influenced the sample configuration was that some of the
companies providing the software object of study were closed and others absorbed by competitors.
Finally, the sample was configured as follows:
• 19 users of Service Optimizer 99+ by Toolsgroup.
• 17 users of Slim4 by Slimstock.
• 8 users of APO by SAP.
• 11 users from other applications where we find: 2 users of Perform 2008 by TXT, 1 of i2 by
JDA, 1 of Strategic Supply & Demand Management by JDA and 7 users of custom applications
for several software suppliers.
This represents a total of 55 sampling units, having polled the 39.3% of the accessible population.
The sample users belong to a large variety of business sectors, both manufacturers and distributors,
and in terms of size, both SMEs as large companies.
According to the final features of the sample, the comparative results are shown for ToolsGroup,
Slimstock, SAP and Others providers, included in the last group all the other providers due to
shortage of sample units that prevent to compare their results with minimal reliability.
The questionnaire used for the study consists of 31 questions divided into two main sections:
General Variables Valuation Software (21 issues) and Efficacy, Satisfaction and Trends Variables (10
issues). For this conclusions summary, the conclusions of the 10 aspects considered the most
relevant operating results and analysis set have been selected. 6 conclusions belong to the first block
and 4 belong to the second one.
In addition to this synthesis, there are two other documents: the full report and an executive
summary, which can be consulted and downloaded at the following link in pdf:
www.igema.net/docs_igema/igemr/estudio/informe.html
The conclusions obtained from the evaluations collected from the respondents are presented bellow.
4 Comparative study of the computer tools functions and applicability for demand forecast
and inventory management
7. 4. CONCLUSIONS
The scenario faced by any manufacturer or distributor today is the saturated markets where the
consumer has many options to choose from. The coexistence between the development of
information society and the markets globalization has had a decisive impact on the growth of
consumers’ demand and, consequently, of all who contribute to provide it.
One of the biggest challenges that companies face today is to provide efficiency under adverse
conditions: products from anywhere in the world are demanded due to the transparency that
Internet has brought to all markets knowledge, the stocks are increasingly diversified, the products
cycles are becoming shorter due to consumers’ hunger for innovation and the huge competition
forces producers and distributors to continuous promotional activities.
All attempts to capture and retain a consumer whose demands grow in inverse proportion to his
patience to get the product they need or desire. In this scenario, no company can afford to under-
utilize their assets at risk of losing competitiveness.
That is why information and communication technology (ICT) is an essential part of that asset. A
technology that, if it is suitable to face the challenges mentioned, helps the company, notoriously, to
win the efficiency battle which, in the supply chain scope translates into software tools able to
manage the demand planning and inventory optimization processes.
However, ICTs have highly evolved in a short time. They have had to adapt to the reality of demands
in its market resulting from the pressure of the scenario described. There is no demand for large and
complex systems nowadays. Companies require simple software, with brief implantation, and little or
no complex computing if possible, so it can be handled by anyone with minimal training, being able
to organize and standardize the planning and provisioning processes, unifying management of all
company agents involved in this process.
Nowadays, investing in software for demand forecasting and inventory management is, besides to
acquire a central element to increase stock rotation and the service rate offered to the customer, to
cover a traditional ERP deficiency, having been proven these specialized applications utility by an
increasing demand.
Regardless of the registered differences between these applications providers, perhaps the most
interesting note in this study has been the success of these tools between its users and their great
contribution to optimizing the company management, a success demonstrated by the absence of
noticeable dissatisfaction among most of the respondents.
The conclusions presented bellow involve the analysis results synthesis that were carried out on the
market for this kind of software and their suppliers in Spain, viewed from the users’ perspective,
referred to therein the comparative between them on the various issues discussed.
Comparative study of the computer tools functions and applicability for demand forecast 5
and inventory management
8. SECTION 1. SOFTWARE OVERALL EVALUATION RESULTS
About the selection and software use
Suppliers of software tools for demand forecasting and inventory management evaluated in this
study have experience in the sector given the high number of deployments, made mostly from 2003.
The Slimstock group highlights for registering a sustained growth trend, being the last few years
where the largest implementations of all groups have been reported.
The most commonly areas where these tools applications are used are those of "Logistics" (72.2%)
and "Purchasing and supply" (70.9%). According to the respondent answers, the purpose these
applications are more commonly used for, overall, are "Logistical supply forecast" (74.5%) and
"Supply management" (70.9%). Slimstock registered values of 100% in "Purchasing and supply" and
100% in "Supply management" areas, so it can be inferred that this provider is a specialist in these
company areas.
About software acquisition costs
The obtained responses regarding these tools acquiring cost are not homogeneous and diverge
depending on the supplier. Slimstock prices highlights and seem to be the most competitive by far,
inasmuch as the highest percentage of responses from its users (87.5%) is below 100,000 euros.
ToolsGroup users agglutinate the largest percentage of respondents (66.7%) in the more than
100,000 Euros range. The SAP and Other groups obtained more scattered answers, even though they
both place their highest percentages above 150,000 Euros, 83.3% and 68.8% respectively.
The main cause of deviation from the initial cost by those who had indicated overspending was
"Difficulties during the implementation process" (about a third of registered deviations). This cause is
present in greater or lesser intensity in all user respondent groups except Slimstock provider, whose
only cause identified was: "Having acquired more software, more licenses or more services."
About the software implementation duration
In general, the application implementation and the users’ training time varies from one to other
group, being Slimstock the provider that registered the shortest time in every aspect. To implement,
88.2% of users from Slimstock surveyed said they needed 3 months or less. For the users’ training,
100% of respondents said they needed 1 to 2 weeks, and 70.6% needed two or less days to train the
administrator. In the other groups these response vary getting answers of even 24 months in SAP
and ToolsGroup implementations cases, 14 weeks to train ToolsGroup users, and even reaching 30
days for administrator training in Other suppliers case. So it can be deduced that Slimstock software
is the easiest application to deploy and manage and, therefore, to train new users.
About the implementation and consulting services evaluation
In general, "Experience level" evaluation of the providers consulting team can be considered
satisfactory due to an average of 7.63 out of 10. Slimstock provider is the best valued for its users
group regards the "Experience level" with an average of 8.87 (+1.24 respect to global average),
having been rated with 7 or more for all respondents who had it as a supplier. SAP is the second
highest-rated with an average of 8.13, while providers as ToolsGroup (with 27.8%) and Other (with
30%), registered significant percentages of respondents whose valued this aspect with scores at or
below 5.
Regarding to the "Consulting team involvement level”, the general evaluation is high too due to the
record average of 7.87 out of 10. Slimstock is also the highest rated provider in this area with an
average of 8.69 (+0.82 respect to global average), due to the significant 93.7% of respondents
assessed with scores equal to or greater than 7. SAP is the second group with an average of 8.50. All
other providers received some scores below 5.
6 Comparative study of the computer tools functions and applicability for demand forecast
and inventory management
9. As for the "Consulting team availability level", the overall average shows, that this aspect evaluation
is good: 7.73. SAP is the highest rated provider with an average of 8.63 (+0.9 respect to global
average) and Slimstock is the second best rated with an average of 8.31 (+0,58 respect to global
average). ToolsGroup and Other collectives obtained ratings below average.
About the maintenance service cost
According to its users, The Slimstock collective registered the lowest percentage of annual
maintenance cost (15% about the license cost). This percentage was indicated by most of its users
(84.6%), reason why it can be claimed to be the provider that offers the best value cost for this
service. 40% of the ToolsGroup users’ respondents indicated that 20% is the maintenance
percentage (note that this group registered widely dispersed answers ranging between 30% and
100% of the licenses price as maintenance service cost). Regarding to SAP and Others providers, the
answers are scattered, a SAP user said it was 20%, another one said it did not apply any percentage,
and respondents who had Other suppliers indicated that the percentage applied was an 8%, another
said it was 15% and another it was 20%.
About the after-sales services valuation
The respondents assessed with more than 7 points global average the following aspects: "Knowledge
and experience on the subject and sector level" (7.58 on average), "Provider effectiveness in resolving
technical queries" (7.56 on average) and "Supplier quickness" (7.35 on average), so it can be
concluded that, overall, users are satisfied with these evaluated services. This emphasizes that the
responses from Slimstock collective were not registered below 5 (dissatisfied), being the highest
rated provider in all aspects and exceeding the global average in each case.
After the services quality evaluation provided by the supplier, the following received global average
evaluations above 7, in descending value order are: "After Sales" (7.59 respect global average),
"Reinstalls" (7.24 respect global average) and "Bug fixing" (7.17 respect global average). The services
that received a global average below 7 are: "New Versions" and "Follow-up Visits/Audit" service, with
global average values of 6.93 and 6.90 respectively, indicating that even when evaluated as good, can
be improved significantly. The Slimstock collective is the best valued by its users in most of the
services compared to other suppliers surpassing the global average in every aspect except in the
"Follow-up Visits / Audit" service, where SAP holds the first place in the comparative. Should be
noted that the Slimstock group is valued in "New Versions" by its users far above the global average
with significant difference (+1.33 respect global average), showing that the supplier is very active to
make software improvements.
SECTION 2. Efficacy and Satisfaction variables Results
About the software effectiveness
By questioning the users surveyed about the extent on business objectives the software use has
enabled to reach, they all achieve nearly 60% on objectives improvement regarding the management
preceding the software incorporation, so it can be said it is more than acceptable. The Slimstock
provider received top ratings compared with the other suppliers evaluated, exceeding the global
average in each case. In SAP case, the results show similar averages to the global one. The
ToolsGroup collective obtained valuations below the global average in the business goals evaluated.
The Other suppliers respondent users answered different results in each case: "Stock optimization"
(7 percentage points below the average), "The stock availability Improvement for service" (7
percentage points above the average). Worth noting that in the "Increase the benefit of the
company" goal, very different responses were registered according to the supplier. Slimstock
obtained more than 20 points over the average, while ToolsGroup obtained 17 points below average,
SAP very similar to the average and the Other suppliers group, 15 points below average.
Comparative study of the computer tools functions and applicability for demand forecast 7
and inventory management
10. The global average for the following evaluated aspects surpasses the score of 7 out of 10:
"Integration with ERP" (7.02), "Application functionality set" (7.56) and the "Its work efficiency
application impact "(7.60), so they are considered satisfactory. The "Ease of use" aspect (6.91)
obtains a lower global average. Slimstock provider is the best rated in every aspect surpassing the
global average in each case, remarking the average score achieved on the impact of its application in
"Labour efficiency": 8.56.
About users’ satisfaction with the software
The global average in overall satisfaction with the software is 7.72 out of 10, while the global average
in the software quality-price relation is 6.79 out of 10, average that registers a good but improvable
rating. Slimstock provider is the best valuated in both overall satisfaction with the software (8.50)
and quality-price relation (7.69), almost a point above the global average in both cases. SAP users are
the second that best valued overall satisfaction with the software and its quality-price relation with
scores slightly above of the global average, meanwhile the ToolsGroup ones valued slightly below the
global average, and the Other providers users have been valuated with the lowest score in general
satisfaction and its quality-price relation.
About if users would recommend other companies the software
When users were asked whether they would recommend other companies for their application, most
of them (88.7%) answered they would. In general, the percentages are convincing enough to validate
the usefulness these tools bring to the company. When analyzed by collectives, Slimstock supplier
was the users’ group with the highest percentage of Yes (94.1%). ToolsGroup provider obtained the
second highest percentage (88.9%) followed by SAP group (87.5%). Finally, Other providers obtained
the lower percentage of recommendation (80%).
About whether the user would give the application back to their provider if the amount of the
investment would be refund
Finally, when respondents were asked whether they would return the application to the supplier in
exchange for the returns of the amount invested, only 9.6% responded that they would. As in the
previous case, the refusal of almost all users to returns the applications to its provider, demonstrates
its indispensability in the current company. Among the groups evaluated, ToolsGroup and Slimstock
users are less willing to return the application; most of them replied they would not return the
application, 94.4% and 94.1%, respectively. For Other providers, 88.9% of users responded that it
would NOT return the application in case of refund. SAP users are the ones who provided the highest
percentage of affirmative responses, with 25%.
As an overall conclusion of the study, according to the results and hoping to be able to encourage
its use, a more than positive assessment of the usefulness of computer applications for demand
forecasting and inventory management existing today in the market can be drawn.
8 Comparative study of the computer tools functions and applicability for demand forecast
and inventory management
11.
12. “"COMPARATIVE STUDY OF THE FUNCTIONS AND APPLICABILITY OF
COMPUTER TOOLS FOR THE FORECAST OF DEMAND AND INVENTORY
MANAGEMENT"”
Conclusions summary
Vice-chancellorship of Research C/ Castillo de Alarcón, 49
Urb. Villafranca del Castillo
28692 Madrid
C/ Calvet, 41 – entlo. 4ª
08021 Barcelona