India has been a developing country for the past three decades. Thus operations management is inevitable in attending the efficiency of business in India. It also plays important role in projects like Make in India, automation, and challenges faced in operations.
International Journal of Engineering Research and Applications (IJERA) is an open access online peer reviewed international journal that publishes research and review articles in the fields of Computer Science, Neural Networks, Electrical Engineering, Software Engineering, Information Technology, Mechanical Engineering, Chemical Engineering, Plastic Engineering, Food Technology, Textile Engineering, Nano Technology & science, Power Electronics, Electronics & Communication Engineering, Computational mathematics, Image processing, Civil Engineering, Structural Engineering, Environmental Engineering, VLSI Testing & Low Power VLSI Design etc.
The Toyota Production System - A Transition from Mass Production to Lean Manu...Nurhazman Abdul Aziz
The Toyota Production System
A Transition from Mass Production to Lean Manufacturing and Supply Chain Management
by Genaro J. Gutiérrez
McCombs School of Business
The University of Texas at Austin
1) Technological change in the form of rationalization and automation can impact levels of employment and the nature of skills, causing resistance from trade unions.
2) Reasons for technological changes include minimizing labor costs, replacing obsolete equipment, and accomplishing administrative goals.
3) The implementation of rationalization and automation in India was influenced by the American model but sought to increase productivity while safeguarding workers through measures like voluntary retirement and sharing gains.
The document summarizes 7 common mistakes that apparel manufacturers make according to experts Surender Jain and Priyam Pandit. The mistakes are: 1) flawed factory design and machinery layout, 2) ignorance of industrial engineering and quality control methods, 3) over/under-investment in technology, 4) wrong hiring, poor training and overstaffing, 5) excessive working capital due to poor planning, 6) absence of information capture and communication systems, 7) lack of factory re-engineering. Addressing these mistakes can help manufacturers improve productivity and profitability.
Technological changes in Industrial RelationsRajat Sharma
Technological changes in industrial relations can include scientific management, changes in plant locations, shifts in product demand, changes in machinery, and automation. Rationalization involves fundamentally changing industrial structures and control, while automation allows technology to fully control operations with machine-provided data. The impact of technological changes can result in employment issues, a need for new management strategies like corporate restructuring, and trade union responses involving fears over losing jobs or comfort.
1) World Class Manufacturing (WCM) originated from the Toyota Production System and focuses on eliminating waste. The seven main types of waste are transportation, inventory, motion, waiting, overproduction, overprocessing, and defects.
2) WCM aims to bring manufacturing close to customers by reducing lead times, improving quality, and implementing total preventative maintenance. Key aspects of WCM include just-in-time production, total quality management, and value stream mapping.
3) India is emerging as a manufacturing hub, with many global companies outsourcing production there due to its large talent pool and improving quality and productivity. Indian companies are adopting global quality standards and winning international awards.
“World class manufacturing and its implementation in india”akshay isai
This document provides an overview of world class manufacturing and its implementation in India. It discusses what world class manufacturing is, how it is implemented through various strategies and techniques. It also discusses India's manufacturing scenario, factors favoring manufacturing in India like its large domestic market and availability of low-cost skilled workers. It highlights how India is emerging as an outsourcing and exports hub for global manufacturers due to these advantages.
“World class manufacturing and its implementation in india”Dipesh Vora
This document discusses world class manufacturing and its implementation in India. It defines world class manufacturing as demonstrating industry best practices in areas like quality, price, delivery speed, flexibility and innovation. Companies aim to maximize performance in these competitive priorities. The document outlines strategies adopted by world class manufacturers, such as lean production systems, just-in-time processes, and continuous improvement. It also provides an overview of India's manufacturing sector and compares it to China.
International Journal of Engineering Research and Applications (IJERA) is an open access online peer reviewed international journal that publishes research and review articles in the fields of Computer Science, Neural Networks, Electrical Engineering, Software Engineering, Information Technology, Mechanical Engineering, Chemical Engineering, Plastic Engineering, Food Technology, Textile Engineering, Nano Technology & science, Power Electronics, Electronics & Communication Engineering, Computational mathematics, Image processing, Civil Engineering, Structural Engineering, Environmental Engineering, VLSI Testing & Low Power VLSI Design etc.
The Toyota Production System - A Transition from Mass Production to Lean Manu...Nurhazman Abdul Aziz
The Toyota Production System
A Transition from Mass Production to Lean Manufacturing and Supply Chain Management
by Genaro J. Gutiérrez
McCombs School of Business
The University of Texas at Austin
1) Technological change in the form of rationalization and automation can impact levels of employment and the nature of skills, causing resistance from trade unions.
2) Reasons for technological changes include minimizing labor costs, replacing obsolete equipment, and accomplishing administrative goals.
3) The implementation of rationalization and automation in India was influenced by the American model but sought to increase productivity while safeguarding workers through measures like voluntary retirement and sharing gains.
The document summarizes 7 common mistakes that apparel manufacturers make according to experts Surender Jain and Priyam Pandit. The mistakes are: 1) flawed factory design and machinery layout, 2) ignorance of industrial engineering and quality control methods, 3) over/under-investment in technology, 4) wrong hiring, poor training and overstaffing, 5) excessive working capital due to poor planning, 6) absence of information capture and communication systems, 7) lack of factory re-engineering. Addressing these mistakes can help manufacturers improve productivity and profitability.
Technological changes in Industrial RelationsRajat Sharma
Technological changes in industrial relations can include scientific management, changes in plant locations, shifts in product demand, changes in machinery, and automation. Rationalization involves fundamentally changing industrial structures and control, while automation allows technology to fully control operations with machine-provided data. The impact of technological changes can result in employment issues, a need for new management strategies like corporate restructuring, and trade union responses involving fears over losing jobs or comfort.
1) World Class Manufacturing (WCM) originated from the Toyota Production System and focuses on eliminating waste. The seven main types of waste are transportation, inventory, motion, waiting, overproduction, overprocessing, and defects.
2) WCM aims to bring manufacturing close to customers by reducing lead times, improving quality, and implementing total preventative maintenance. Key aspects of WCM include just-in-time production, total quality management, and value stream mapping.
3) India is emerging as a manufacturing hub, with many global companies outsourcing production there due to its large talent pool and improving quality and productivity. Indian companies are adopting global quality standards and winning international awards.
“World class manufacturing and its implementation in india”akshay isai
This document provides an overview of world class manufacturing and its implementation in India. It discusses what world class manufacturing is, how it is implemented through various strategies and techniques. It also discusses India's manufacturing scenario, factors favoring manufacturing in India like its large domestic market and availability of low-cost skilled workers. It highlights how India is emerging as an outsourcing and exports hub for global manufacturers due to these advantages.
“World class manufacturing and its implementation in india”Dipesh Vora
This document discusses world class manufacturing and its implementation in India. It defines world class manufacturing as demonstrating industry best practices in areas like quality, price, delivery speed, flexibility and innovation. Companies aim to maximize performance in these competitive priorities. The document outlines strategies adopted by world class manufacturers, such as lean production systems, just-in-time processes, and continuous improvement. It also provides an overview of India's manufacturing sector and compares it to China.
This document provides an overview of World Class Manufacturing (WCM) concepts and practices. It discusses how WCM focuses on continual improvement in quality, cost, lead time, flexibility and customer service. The document outlines some key aspects of WCM including high morale and safety, cost reduction, flexibility, lead time reduction, and quality improvement. It also discusses four principles that companies may adopt when pursuing world-class status: Just-in-Time, Total Quality Control, Total Preventive Maintenance, and Computer Integrated Manufacturing. Additionally, the document discusses lean manufacturing practices and how they aim to eliminate waste through continuous improvement.
This document provides an overview of production management. It discusses the historical milestones in operations management such as the Industrial Revolution, scientific management, and the computer revolution. It also covers the different ways of studying operations management, including viewing production as a system and the three types of decisions: strategic, operating, and control. The goal of operations management is to efficiently manage an organization's resources and production process.
Infosys - principles of management - copySneha Singh
Infosys is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It was founded in 1981 and is headquartered in Bengaluru, India. Infosys has become one of the most profitable software services providers in the world through a low cost global delivery model and focuses on quality processes and training. It provides a wide range of services across multiple industries and has numerous global clients. Infosys places strong emphasis on ethics, corporate governance, social responsibility and developing a positive work culture.
The document discusses SWOT analysis of Amul, an Indian dairy brand. It provides:
1. A strengths of Amul including strong growth, brand loyalty, and quality supply chain. Weaknesses are high costs of operations and limited shelf life of dairy products.
2. Opportunities for Amul such as expanding globally and into new product categories. Threats include local and international competition.
3. A SWOT analysis of Lemon Tree Hotels discussing political, economic, and sociocultural factors affecting the hotel industry and Lemontree's success. It recommends using contingency approach to adapt to the COVID-19 pandemic.
Technology Management, Case IT planningYogesh Garg
Strategic IT planning examines opportunities and threats to identify opportunities to exploit and threats to avoid. It answers three questions: where the organization currently stands, its desired future state, and how to get there. Planning challenges include balancing projects versus portfolios, funding infrastructure, and aligning business goals with systems plans. Approaches include top-down, bottom-up, and creative methods. Best practices include comprehensiveness, formality, focus, participation, consistency, and smooth workflow. The six stages are assembling a team, assessing needs, developing a vision and mission, communicating buy-in, prioritizing projects, and evaluating projects. Implementation considerations include resources, involvement, needs analysis, flexibility, resistance, relevance, ownership
The document provides an overview of operations management. It discusses key historical milestones like the Industrial Revolution and scientific management. It also outlines different production systems like job shop, flow shop and batch manufacturing. Finally, it discusses strategies to improve productivity and competitive advantages of world-class manufacturing like quality, cost effectiveness and on-time delivery.
Operations management is the business function responsible for planning, coordinating, and controlling resources to transform inputs into finished goods and services. It involves managing the transformation process of organizations through decisions ranging from strategic to tactical. Operations management must work closely with other functions like marketing, finance, and human resources to achieve organizational goals.
Leveraging Your Security System to Impact Your Bottom lineguidepostsolutions
Guidepost Solutions, Nick Miller discusses “Leveraging your System to Operationalize your Business and Improve Processes to Impact Bottom Line” and is joined by Kurt Takahashi – AMAG, Andrew Campion – Comcast, Bret DuChateau – Northwest Mutual.
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC Advisory Group
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Industry Forum 2009 in Orlando, FL.
Today’s US Business Environment
US is currently facing many crises
• Housing, Financial, Healthcare, Energy, Manufacturing
Political & Social Pressure to:
• Go Green
• Develop alternative fuels
• Bring manufacturing jobs back
Aging Baby Boomers
• Shortage of Skilled Human Resources
Aging infrastructure
• Bridges, Water, Plants, Electric Grid
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...Prof Parameshwar P Iyer
The document discusses opportunities and challenges for doing business in India across various industry sectors. It outlines India's growing economy and sectors driving growth like IT, biotechnology, and clean energy. However, challenges include infrastructure weaknesses, a complex regulatory environment, restrictive labor laws, and cultural differences that companies must navigate. Overall, India presents opportunities for early investors if they develop long-term strategies tailored to the local business environment.
The document provides an introduction to Lean Manufacturing principles and their application in apparel manufacturing processes. Some key points:
1) Lean Manufacturing aims to eliminate waste and optimize processes/resources to improve quality, reduce costs and lead times.
2) It focuses production around customer demand (takt time), establishing internal customer protocols between processes for continuous flow.
3) Pull systems like Kanban are used to produce only to demand and avoid excess inventory, with supermarkets buffering between processes when pure flow is not possible.
4) Other Lean tools are applied to production planning, quality assurance and continuous improvement to enhance the manufacturing system holistically.
In this presentation, we will discuss about world class manufacturing focusing on customer based principals, global markets, achieving world class, global competition reality, importance of automation in production and operations. We will also talk about global competitiveness, competitive priorities of manufacturing, recent trends, various attributes of excellent companies, overview on various world class suppliers, buyers, manufacturers. Present scenario of global business conditions, performance of world class manufacturers, world class service delivery and customer focused principals will also be discussed.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
History Of Production Operations Management (POM)Mudassar Salman
This document provides an overview of operations management, including its history and key concepts. It discusses how operations management has evolved over time, from the Industrial Revolution to today. Key developments include scientific management, human relations approaches, and the growth of services. The document also describes how operations management involves coordinating an organization's resources and processes to create goods and services. It discusses studying operations management through the lenses of systems and decision-making.
Lean Manufacturing Methods for Process ImprovementIRJET Journal
The document discusses lean manufacturing methods for process improvement. It begins with an introduction to lean manufacturing and its history starting with Henry Ford's assembly line. It then discusses how Toyota further developed lean concepts in response to limited resources in post-war Japan. The key principles of lean manufacturing including value stream mapping, just-in-time production, and continuous improvement are explained. Finally, common lean tools like 5S, value stream mapping, layout design, and visual management systems are described in detail along with their role in eliminating waste and improving efficiency.
The document discusses small and medium enterprises (SMEs) in India. It finds that the number of SME units and their production and employment potential has been increasing rapidly over time, significantly contributing to the Indian economy. However, SMEs face constraints like lack of access to finance, infrastructure issues, and marketing challenges. The document proposes adopting a cluster development approach and open incubator model to create an environment where SMEs can collaborate and innovate. It also discusses using knowledge management strategies to help SMEs identify, create, retain and disseminate knowledge for achieving organizational goals.
Impact of globalisation on business, government and societygeoffrey-cip
• The adoption of western business practice goes beyond commercial issues; political and governmental factors are significant
• The strength of political opinion is such that there is often a large gap between commercial common sense and political necessity
• This is accentuated by the economic and political divide between the urban and rural populations
The document discusses how the on-demand economy, propelled by smartphones and location-based services, has disrupted many markets through app-driven companies like Airbnb and Uber. It explains how digital business models focus on engaging customers digitally via websites, social media, and mobile apps to create value. Finally, it discusses how information technology careers remain in high demand due to the need for skills like data analytics, as businesses seek to leverage large datasets to gain customer insights and develop new products and services.
The document discusses the important role that logistics plays in supporting the service industry. It defines logistics and outlines the types of services provided, including express mail, cargo and storage, and continuous support services. Logistics helps service companies operate smoothly and meet customer needs by planning and managing inventory, transportation, and other resources. The case study of Adidas working with UPS highlights how streamlining logistics through a consolidated distribution network improved order accuracy, delivery times, and customer satisfaction.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Many companies have perceived CRM that accompanied by numerous
uncoordinated initiatives as a technological solution for problems in
individual areas. However, CRM should be considered as a strategy when
a company decides to implement it due to its humanitarian, technological
and process-related effects (Mendoza et al., 2007, p. 913). CRM is
evolving today as it should be seen as a strategy for maintaining a longterm relationship with customers.
A CRM business strategy includes the internet with the marketing,
sales, operations, customer services, human resources, R&D, finance, and
information technology departments to achieve the company’s purpose and
maximize the profitability of customer interactions (Chen and Popovich,
2003, p. 673).
After Corona Virus Disease-2019/Covid-19 (Coronavirus) first
appeared in Wuhan, China towards the end of 2019, its effects began to
be felt clearly all over the world. If the Coronavirus crisis is not managed
properly in business-to-business (B2B) and business-to-consumer
(B2C) sectors, it can have serious negative consequences. In this crisis,
companies can typically face significant losses in their sales performance,
existing customers and customer satisfaction, interruptions in operations
and accordingly bankruptcy
This document provides an overview of World Class Manufacturing (WCM) concepts and practices. It discusses how WCM focuses on continual improvement in quality, cost, lead time, flexibility and customer service. The document outlines some key aspects of WCM including high morale and safety, cost reduction, flexibility, lead time reduction, and quality improvement. It also discusses four principles that companies may adopt when pursuing world-class status: Just-in-Time, Total Quality Control, Total Preventive Maintenance, and Computer Integrated Manufacturing. Additionally, the document discusses lean manufacturing practices and how they aim to eliminate waste through continuous improvement.
This document provides an overview of production management. It discusses the historical milestones in operations management such as the Industrial Revolution, scientific management, and the computer revolution. It also covers the different ways of studying operations management, including viewing production as a system and the three types of decisions: strategic, operating, and control. The goal of operations management is to efficiently manage an organization's resources and production process.
Infosys - principles of management - copySneha Singh
Infosys is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It was founded in 1981 and is headquartered in Bengaluru, India. Infosys has become one of the most profitable software services providers in the world through a low cost global delivery model and focuses on quality processes and training. It provides a wide range of services across multiple industries and has numerous global clients. Infosys places strong emphasis on ethics, corporate governance, social responsibility and developing a positive work culture.
The document discusses SWOT analysis of Amul, an Indian dairy brand. It provides:
1. A strengths of Amul including strong growth, brand loyalty, and quality supply chain. Weaknesses are high costs of operations and limited shelf life of dairy products.
2. Opportunities for Amul such as expanding globally and into new product categories. Threats include local and international competition.
3. A SWOT analysis of Lemon Tree Hotels discussing political, economic, and sociocultural factors affecting the hotel industry and Lemontree's success. It recommends using contingency approach to adapt to the COVID-19 pandemic.
Technology Management, Case IT planningYogesh Garg
Strategic IT planning examines opportunities and threats to identify opportunities to exploit and threats to avoid. It answers three questions: where the organization currently stands, its desired future state, and how to get there. Planning challenges include balancing projects versus portfolios, funding infrastructure, and aligning business goals with systems plans. Approaches include top-down, bottom-up, and creative methods. Best practices include comprehensiveness, formality, focus, participation, consistency, and smooth workflow. The six stages are assembling a team, assessing needs, developing a vision and mission, communicating buy-in, prioritizing projects, and evaluating projects. Implementation considerations include resources, involvement, needs analysis, flexibility, resistance, relevance, ownership
The document provides an overview of operations management. It discusses key historical milestones like the Industrial Revolution and scientific management. It also outlines different production systems like job shop, flow shop and batch manufacturing. Finally, it discusses strategies to improve productivity and competitive advantages of world-class manufacturing like quality, cost effectiveness and on-time delivery.
Operations management is the business function responsible for planning, coordinating, and controlling resources to transform inputs into finished goods and services. It involves managing the transformation process of organizations through decisions ranging from strategic to tactical. Operations management must work closely with other functions like marketing, finance, and human resources to achieve organizational goals.
Leveraging Your Security System to Impact Your Bottom lineguidepostsolutions
Guidepost Solutions, Nick Miller discusses “Leveraging your System to Operationalize your Business and Improve Processes to Impact Bottom Line” and is joined by Kurt Takahashi – AMAG, Andrew Campion – Comcast, Bret DuChateau – Northwest Mutual.
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC Advisory Group
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Industry Forum 2009 in Orlando, FL.
Today’s US Business Environment
US is currently facing many crises
• Housing, Financial, Healthcare, Energy, Manufacturing
Political & Social Pressure to:
• Go Green
• Develop alternative fuels
• Bring manufacturing jobs back
Aging Baby Boomers
• Shortage of Skilled Human Resources
Aging infrastructure
• Bridges, Water, Plants, Electric Grid
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...Prof Parameshwar P Iyer
The document discusses opportunities and challenges for doing business in India across various industry sectors. It outlines India's growing economy and sectors driving growth like IT, biotechnology, and clean energy. However, challenges include infrastructure weaknesses, a complex regulatory environment, restrictive labor laws, and cultural differences that companies must navigate. Overall, India presents opportunities for early investors if they develop long-term strategies tailored to the local business environment.
The document provides an introduction to Lean Manufacturing principles and their application in apparel manufacturing processes. Some key points:
1) Lean Manufacturing aims to eliminate waste and optimize processes/resources to improve quality, reduce costs and lead times.
2) It focuses production around customer demand (takt time), establishing internal customer protocols between processes for continuous flow.
3) Pull systems like Kanban are used to produce only to demand and avoid excess inventory, with supermarkets buffering between processes when pure flow is not possible.
4) Other Lean tools are applied to production planning, quality assurance and continuous improvement to enhance the manufacturing system holistically.
In this presentation, we will discuss about world class manufacturing focusing on customer based principals, global markets, achieving world class, global competition reality, importance of automation in production and operations. We will also talk about global competitiveness, competitive priorities of manufacturing, recent trends, various attributes of excellent companies, overview on various world class suppliers, buyers, manufacturers. Present scenario of global business conditions, performance of world class manufacturers, world class service delivery and customer focused principals will also be discussed.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
History Of Production Operations Management (POM)Mudassar Salman
This document provides an overview of operations management, including its history and key concepts. It discusses how operations management has evolved over time, from the Industrial Revolution to today. Key developments include scientific management, human relations approaches, and the growth of services. The document also describes how operations management involves coordinating an organization's resources and processes to create goods and services. It discusses studying operations management through the lenses of systems and decision-making.
Lean Manufacturing Methods for Process ImprovementIRJET Journal
The document discusses lean manufacturing methods for process improvement. It begins with an introduction to lean manufacturing and its history starting with Henry Ford's assembly line. It then discusses how Toyota further developed lean concepts in response to limited resources in post-war Japan. The key principles of lean manufacturing including value stream mapping, just-in-time production, and continuous improvement are explained. Finally, common lean tools like 5S, value stream mapping, layout design, and visual management systems are described in detail along with their role in eliminating waste and improving efficiency.
The document discusses small and medium enterprises (SMEs) in India. It finds that the number of SME units and their production and employment potential has been increasing rapidly over time, significantly contributing to the Indian economy. However, SMEs face constraints like lack of access to finance, infrastructure issues, and marketing challenges. The document proposes adopting a cluster development approach and open incubator model to create an environment where SMEs can collaborate and innovate. It also discusses using knowledge management strategies to help SMEs identify, create, retain and disseminate knowledge for achieving organizational goals.
Impact of globalisation on business, government and societygeoffrey-cip
• The adoption of western business practice goes beyond commercial issues; political and governmental factors are significant
• The strength of political opinion is such that there is often a large gap between commercial common sense and political necessity
• This is accentuated by the economic and political divide between the urban and rural populations
The document discusses how the on-demand economy, propelled by smartphones and location-based services, has disrupted many markets through app-driven companies like Airbnb and Uber. It explains how digital business models focus on engaging customers digitally via websites, social media, and mobile apps to create value. Finally, it discusses how information technology careers remain in high demand due to the need for skills like data analytics, as businesses seek to leverage large datasets to gain customer insights and develop new products and services.
The document discusses the important role that logistics plays in supporting the service industry. It defines logistics and outlines the types of services provided, including express mail, cargo and storage, and continuous support services. Logistics helps service companies operate smoothly and meet customer needs by planning and managing inventory, transportation, and other resources. The case study of Adidas working with UPS highlights how streamlining logistics through a consolidated distribution network improved order accuracy, delivery times, and customer satisfaction.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Similar to Importance of operations managemenet in india (20)
Many companies have perceived CRM that accompanied by numerous
uncoordinated initiatives as a technological solution for problems in
individual areas. However, CRM should be considered as a strategy when
a company decides to implement it due to its humanitarian, technological
and process-related effects (Mendoza et al., 2007, p. 913). CRM is
evolving today as it should be seen as a strategy for maintaining a longterm relationship with customers.
A CRM business strategy includes the internet with the marketing,
sales, operations, customer services, human resources, R&D, finance, and
information technology departments to achieve the company’s purpose and
maximize the profitability of customer interactions (Chen and Popovich,
2003, p. 673).
After Corona Virus Disease-2019/Covid-19 (Coronavirus) first
appeared in Wuhan, China towards the end of 2019, its effects began to
be felt clearly all over the world. If the Coronavirus crisis is not managed
properly in business-to-business (B2B) and business-to-consumer
(B2C) sectors, it can have serious negative consequences. In this crisis,
companies can typically face significant losses in their sales performance,
existing customers and customer satisfaction, interruptions in operations
and accordingly bankruptcy
Mentoring - A journey of growth & developmentAlex Clapson
If you're looking to embark on a journey of growth & development, Mentoring could
offer excellent way forward for you. It's an opportunity to engage in a profound
learning experience that extends beyond immediate solutions to foster long-term
growth & transformation.
Corporate innovation with Startups made simple with Pitchworks VC StudioGokul Rangarajan
In this write up we will talk about why corporates need to innovate, why most of them of failing and need to startups and corporate start collaborating with each other for survival
At the end of the conversation the CIO asked us 3 questions which sparked us to write this blog.
1 Do my organisation need innovation ?
2 Even if I need Innovation why are so many other corporates of our size fail in innovation ?
3 How can I test it in most cost effective way ?
First let's address the Elephant in the room, is Innovation optional ?
Relevance for customers
Building Business Reslience
competitive advantage
Corporate innovation is essential for businesses striving to remain relevant and competitive in today's rapidly evolving market. By continuously developing new products, services, and processes, companies can better meet the changing needs and preferences of their customers. For instance, Apple's regular release of new iPhone models keeps them at the forefront of consumer technology, while Amazon's introduction of Prime services has revolutionized online shopping convenience. Statistics show that innovative companies are 2.5 times more likely to have high-performance outcomes compared to their peers.
This proactive approach not only helps in retaining existing customers but also attracts new ones, ensuring sustained growth and market presence.
Furthermore, innovation fosters a culture of creativity and adaptability within organizations, enabling them to quickly respond to emerging trends and disruptions. In essence, corporate innovation is the driving force that keeps companies aligned with customer expectations, ultimately leading to long-term success and relevance.
Business Resilience
Building business resilience is paramount for companies looking to thrive amidst uncertainties and disruptions. Corporate innovation plays a crucial role in fostering this resilience by enabling businesses to adapt, evolve, and maintain continuity during challenging times. For instance, during the COVID-19 pandemic, many companies that swiftly innovated their business models, such as shifting to remote work or expanding e-commerce capabilities, managed to survive and even thrive. According to a McKinsey report, organizations that prioritize innovation are 30% more likely to be high-growth companies. Innovation not only helps in developing new revenue streams but also in creating more efficient processes and resilient supply chains. This agility allows companies to quickly pivot in response to market changes, ensuring they can weather economic downturns, technological disruptions, and other unforeseen challenges. Therefore, corporate innovation is not just a strategy for growth but a vital component of building a robust and resilient business capable of sustaining long-term success.
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...LinghuaKong2
M249 Saw marksman PMIThe Squad Automatic Weapon (SAW), or 5.56mm M249 is an individually portable, gas operated, magazine or disintegrating metallic link-belt fed, light machine gun with fixed headspace and quick change barrel feature. The M249 engages point targets out to 800 meters, firing the improved NATO standard 5.56mm cartridge.The SAW forms the basis of firepower for the fire team. The gunner has the option of using 30-round M16 magazines or linked ammunition from pre-loaded 200-round plastic magazines. The gunner's basic load is 600 rounds of linked ammunition.The SAW was developed through an initially Army-led research and development effort and eventually a Joint NDO program in the late 1970s/early 1980s to restore sustained and accurate automatic weapons fire to the fire team and squad. When actually fielded in the mid-1980s, the SAW was issued as a one-for-one replacement for the designated "automatic rifle" (M16A1) in the Fire Team. In this regard, the SAW filled the void created by the retirement of the Browning Automatic Rifle (BAR) during the 1950s because interim automatic weapons (e.g. M-14E2/M16A1) had failed as viable "base of fire" weapons.
Early in the SAW's fielding, the Army identified the need for a Product Improvement Program (PIP) to enhance the weapon. This effort resulted in a "PIP kit" which modifies the barrel, handguard, stock, pistol grip, buffer, and sights.
The M249 machine gun is an ideal complementary weapon system for the infantry squad platoon. It is light enough to be carried and operated by one man, and can be fired from the hip in an assault, even when loaded with a 200-round ammunition box. The barrel change facility ensures that it can continue to fire for long periods. The US Army has conducted strenuous trials on the M249 MG, showing that this weapon has a reliability factor that is well above that of most other small arms weapon systems. Today, the US Army and Marine Corps utilize the license-produced M249 SAW.
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024Neal Elbaum
In the ever-evolving world of logistics, staying ahead of the curve is crucial. Industry expert Neal Elbaum highlights the top five trends shaping the logistics industry in 2024, offering valuable insights into the future of supply chain management.
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Importance of operations managemenet in india
1. IMPORTANCE OF OPERATIONS
MANAGEMENT IN INDIA
DONE BY,
KAVIN S
ANTONY SELVA BEAVEN V
BHAVANA S
BHAVATHARANI M
DHAMODHARAN S
ABDUL FARHAN S
FIREBIRD INSTITUTE OF RESEARCH IN MANAGEMENT,COIMBATORE.
2. Historical milestone in operation
management:
▪ The industrial revolution
▪ Post civil war period
▪ Scientific management
▪ Human relations and behaviorism
▪ The service revolution
▪ Computer revolution
3. Industrial Revolution
▪ The industrial revolution developed in england in 1700s.
▪ The steam engine, invented by James watt in 1764 largely
replaces human and water power for factories.
▪ Adam smith “The wealth of nation” in 1776 touted the economic
benefit of the specialization of labor.
▪ The IR spread from England to other european countries and to
united states.
▪ In 1790 an American Eli Whitney, developed the concept of
interchangable parts.
4. Industrial Revolution
▪ The first great industry was the US textile industry
▪ In the 1800s the development of the gasoline engine and
electricity further advanced the revolution.
5. Post civil war period
▪ During the post civil war period great expansion of production
capacity occurred.
▪ By post civil war the following development set the stage for the
great production explosion of the 20th century.
increased production capacity.
the expanded urban work force.
an effective national transportation system.
6. Scientific management:
▪ Frederick taylor is know as the father of scientific management.
His system employed three steps, they are
▪ Each workers skill, strength and learning ability were determined.
▪ Stopwatch studies were conducted to precisely set standard
output per worker on each task.
▪ Material specifications work methods and routing sequences were
used to organize the shop.
▪ Supervisors were carefully selected and trained .
▪ Incentive pay system were initiated.
7. The Service Revolution
▪ The creation of service organizations accelerated sharply after
world war .
▪ Today more then two- thirds of the US workforce is employed in
services.
▪ About two thirds of the US GDP is from service.
▪ There is a huge trade surplus in service.
▪ Investment per office worker now exceeds the investment per
factory worker.
8. The computer Revolution
▪ Explosive growth of computer and communication technologies.
▪ Easy access to information and the availability of more
information
▪ Advances in software application such as Enterprise Resource
planning (ERP) software
▪ Widespread use of email
▪ More and more firms becoming involved in E-Business using the
Internet.
▪ Result: faster, better decisions over greater distances.
10. WHAT IS MAKE IN INDIA?
▪ Launched by the government of India on 25 September 2014
▪ Motivating companies to manufacture products in India
▪ Increasing their investment
▪ 100% FDI is allowed in 25 sectors such as automobile, chemicals,
biotechnology, pharmaceuticals except space, defence and media
industry.
11. EASE OF DOING BUSINESS
1.Starting a Business
2.Dealing with Construction Permits
3.Getting Electricity
4.Registering Property
5.Getting Credit
6.Protecting Minority Investors
7.PayingTaxes
8.Trading across Borders
9.Enforcing Contracts
10.Resolving Insolvency
FACTORS IN EODB
12. EASE OF DOING BUSINESS
▪ A high EODB ranking means the regulatory environment is more
conducive for starting and operating of businesses.
▪ EODB RANKING
2014-142th rank
After make in India
2019-77th rank
2020-33rd rank(targeted)
14. ZERO SCHEME
(ZERO DEFECT,ZERO EFFECT)
ZERO DEFECT
our exported goods should never returned to us.
ZERO EFFECT
No negative impact on environment.
PROACTIVE PROCESS OF IMPROVING,
1. Quality planning,
2. Product and process designing,
3. Optimum processes,
4. Efficient resource management,
5. Effective outsources activities and
6. Breakthrough outcomes
NET RESULT IS
SUSTAINABLE
DEVELPMENT
15. MANUFACTURING COMPETITIVENESS OF INDIA
RELATIVE POSITIONING OF
MANUFACTURES BY REGION
1.WESTERN EUROPE
2.UNITED STATES`
3.KOREA
4.EASTERN EUROPE
5.CHINA
6.INDIA
INDIA IS LEADINGTHAN
OTHER MANUFACTURES
IN COST CONTROL BUT
FACING MORE QUALITY
COMPLIAINTS AND
FULFILMENT DELAYS
16. REASONS FOR INDIA’S LIMITED
MANUFACTURING COMPETITITVENESS
LIMITED PRODUCTIVITY
▪ Lack of automation
▪ Limited use of design-for-manufacturing
▪ Numerous non-value-added tasks
SUPPLY CHAIN AS STRATEGIC PARTNER
NEED:
▪ Product line is large
▪ Invading of MNC
▪ Alignment of SCM and products
17. KEY COMPONENTS OF SCM
ONE STRATEGY DOES NOT WORK FOR ANOTHER
THE COMPONENTS ARE
1.WARE HOUSING
•Underplayed in India
•Merely a godown
•Now transforming as automated warehouse
•Warehouse should transform as single window logistics function
18. KEY COMPONENTS OF SCM
2.INVENTORY MANAGEMENT
3.RFID IN SCM
•In India, Supply chain management is in nascent stage
•Due to intense competition, company not only exercise on cost control but also
efficiently use the components of SCM
•Due to advantage of forthcoming advantages, the supply chain management
going to contribute in a big way for achieving ‘make in India’
19. SUPPLIER COMPETENCE
▪ Adoption of lean quality system is low, thus product is poor
Supplier quality issues arise from,
1. Talent shortage (to solve quality problems at the source)
2. Process discipline (to prevent poor quality products from moving
through the value chain) and
3. Effective measurement and monitoring systems (to track and
solve issues)
20. Creating combined lean value chain
▪ One lean factory is efficient less and point less
▪ All partners of a business should become lean to change their
enterprise as lean
▪ OEM should invest in building quality designs
▪ Creating supply relationships
▪ Manufactures collaborate with the suppliers
▪ Reducing lead times and improving quality
22. WHYTO FOCUS ONTREND?
▪ Companies are right to focus on trends in operations management and
strategies for getting ahead in their respective industries. While the pace
of technology innovation is rapid, these developments offer more ways
to enhance business operations and opportunities to increase profits.
▪ Aim to become more competitive in the market or merely seeking to cut
down on costs of everyday business, these five trends may deliver the
results to meet the operations management goals.
23. IMPORTANTTRENDS IN OPERATIONS
MANAGEMENT
1. Mobile Accessibility
2. Collaboration
3. Automation
4. Outsourcing
5. Advanced Planning and Scheduling (APS) & Operations
Management
24. Some of these have been around a while, but they remain popular trends in
operations management:
▪ Business process reengineering, or BPR, which helps companies revamp
their organizations from the ground up
▪ Lean manufacturing, Six Sigma, and Agile are disciplines focused on
efficient, adaptable production and continue to be mainstay approaches
▪ Reconfigurable manufacturing systems, designed for flexibility with
sudden market changes
▪ Behavioral operations management, which focuses on human behavior as
it relates to operations management
▪ Sustainability, or maintaining ecologically minded practices, under
changing laws
▪ Total quality management.
25. CURRENT CHALLENGES IN OPERATION
MANAGEMENT
1. Globalization
2. Sustainability
3. Ethical conduct
4. Effective communication
5. System design
27. In India, the field of operations management (OM) is
pursued in engineering and management institutes at
undergraduate, post graduate and doctoral levels. To
some extent, it is also covered in diploma
programmes in polytechnics.
29. ▪ inventory management
▪ design, planning and control of production systems
▪ cellular manufacturing system
▪ computer integrated manufacturing
▪ human issues.
30. At doctoral level
▪ Just-in-time
▪ Supply chain
▪ Total quality management
▪ Flexible management systems
31. ▪ business process re-engineering
▪ operation research applications in OM
▪ application of IT in manufacturing/BPR
▪ strategic management and operations/manufacturing policy.
At doctoral level