Search results
1 – 7 of 7Sorokhaibam Khaba, Chandan Bhar and Ankita Ray
The purpose of this research is to identify and study the contextual relationships of the significant lean enablers in the Indian coal mining industry using the application of…
Abstract
Purpose
The purpose of this research is to identify and study the contextual relationships of the significant lean enablers in the Indian coal mining industry using the application of interpretive structural modeling (ISM), matrice d' impacts croisés-multiplication appliquée á un classement (MICMAC) and structural equation modeling (SEM).
Design/methodology/approach
In this study, a conceptual model based on ISM was developed forming a hierarchy and contextual relationships of significant enablers for lean implementation in the Indian coal mining industry using a literature review and eliciting expert opinion, which is followed by MICMAC for grouping of enablers and questionnaire survey to validate the ISM based conceptual model using SEM.
Findings
The study modeled and analyzed ten significant enablers of lean implementation in the Indian coal mining industry. The findings suggest that the most important lean enablers in the Indian coal mining industry are employee empowerment, employee motivation and commitment, consistent financial performance measurement and management support.
Research limitations/implications
Judgmental sampling was used for selecting the respondents for conducting the questionnaire survey in this research work as there are a few numbers of coal mines implementing lean principles in India. Although the study was not restricted to a particular part of India with the sample representing the heterogeneous population, the study represents more data from the coal mines in eastern India.
Practical implications
The model on lean enablers would help the researchers, decision-makers and practitioners to anticipate potential lean enablers in the Indian coal mines and rank the enablers for improved and efficient usage of the available resources creating value to customers with lean and to sustenance academic research on lean.
Originality/value
Studies on lean enablers in the mining sector are scarce in the literature, and this study is a novel contribution of exploring lean enablers in the Indian coal mining industry using an integrated approach of ISM–MICMAC and SEM.
Details
Keywords
Sustainable development comprises three bottom line concepts, i.e. protect environment, improve economic performance, and social performance. Business organization with only…
Abstract
Purpose
Sustainable development comprises three bottom line concepts, i.e. protect environment, improve economic performance, and social performance. Business organization with only profitability as the primary objective may lead to a highly competitive market which mainly focuses on financial performance and pay less attention to environmental and social performance. Companies that adopt the product recovery activities also select economic performance as the prime priority of their business objectives. The purpose of this paper is to give a brief idea about a different kind of business model other than conventional business models. Here, the authors aim to represent collaboration among firms, companies, and players within a closed-loop supply chain (CLSC) to build a leading business model that establishes three basic concepts of sustainability.
Design/methodology/approach
From literature the authors identified that the primary objective of establishing a sustainable business model is environmental issues but achieving economic performance and gaining market share increase competition among companies. The authors also identified that increasing financial performance results in the development of a competitive business model. This literature review helps to represent the concept of collaborative business model, its benefit, and its mechanism and also helps to compare it with competitive business model in terms of sustainability.
Findings
In case of the collaborative business model, the authors found that collaboration is better than competition to sustain in the market. The authors described the collaborative business model and mechanism of both competitive and collaborative business strategies in a CLSC. The authors gave an idea to adopt some well-known business model and pricing policies for the collaborating firms. The authors presented a comparison between the collaborative and competitive business model and also identified different types of collaborative and completive relationship among the players within a CLSC.
Originality/value
Government legislations, e-waste rules, and environmental rules involve original equipment manufacturer (OEM) for taking back its end-of-life (EOL)/end-of-use products. A collaborative business model helps OEM to manage those huge amounts of used products by involving third parties within the supply chain. Here, in this paper the authors represent different collaborative parties and their purpose for collaboration, and also represent a strong belief that collaborative business model is the recent trend for establishing sustainability than competitive business model.
Details
Keywords
Ankita Ray and Sorokhaibam Khaba
The purpose of this study is the identification and analysis of key ethical issues of green procurement (GP) and the potential solutions to mitigate the issues in the Indian…
Abstract
Purpose
The purpose of this study is the identification and analysis of key ethical issues of green procurement (GP) and the potential solutions to mitigate the issues in the Indian automobile sector.
Design/methodology/approach
Based on the literature review and expert elicitation, 23 ethical issues of GP in the Indian automobile industry and 11 solutions to mitigate these issues were identified. This paper explores the ethical issues based on an integrated method consisting of interpretative structural modelling fuzzy Matrice d'Impacts Croisés-Multiplication Appliquée á un Classement, analytical hierarchy process and the solutions to mitigate these issues using fuzzy VlseKriterijumska Optimizacija I Kompromisno Resenje.
Findings
The findings suggest that ethical issues such as favouritism towards suppliers and failure to fulfil business objectives by top management are identified as the most significant variables with the highest importance weights, while top management commitment for ethical behaviour is identified as the most potent solution for mitigating the issues.
Research limitations/implications
This study is limited to the literature review and experts’ opinions.
Practical implications
The results may help practitioners and researchers to focus on major ethical issues of GP to strategize proactive solutions that may help to mitigate or eliminate the ethical issues.
Originality/value
This paper is an original contribution of the analysis of GP and provides an interesting insight into the Indian automotive industry.
Details
Keywords
Isha Narula, Ankita Dawar and Khushi Sehgal
Introduction: The Stock Exchange is an economic indicator of sustainability in the global market over an extended period. The Indian economy has observed a downfall in foreign…
Abstract
Introduction: The Stock Exchange is an economic indicator of sustainability in the global market over an extended period. The Indian economy has observed a downfall in foreign currency in quarter 2 of 2022, as per the reports of the International Monitory Fund. The central banks of many countries have been facing crises because of a piercing decline in their reserves, which is additionally affecting their sustainable performance. The Indian economy is one of the most potentially sound economies emerging as a global leader, and this study is an attempt to understand the economy’s vulnerability to foreign factors.
Purpose: The research explores the impact of the US Dollar, EURO and Japanese Yen on Bombay Stock Exchange and the National Stock Exchange Index.
Methodology: Four variables have been considered for the conduct of the study: Sensex, Nifty, inflation and foreign exchange. Sensex and Nifty have been taken as dependent variables, while foreign exchange and inflation have been taken as independent variables.
The regression analysis has been performed using Microsoft Excel: The variables used for the study are monthly values from January 2011 to December 2020. The specific period is selected to avoid the impact of COVID-19 on the stock market, avoiding biases in the results.
Findings: All the variables are affecting the performance of each other up to a certain level.
Practical Implication: The research chapter will help the investor understand the relationship between many variables and their impact on the stock market, which will assist them in gaining higher profits.
Details
Keywords
Ankita Bisht and Rajesh Sharma
The purpose of this study is to provide a numerical investigation of Casson nanofluid along a vertical nonlinear stretching sheet with variable thermal conductivity and viscosity.
Abstract
Purpose
The purpose of this study is to provide a numerical investigation of Casson nanofluid along a vertical nonlinear stretching sheet with variable thermal conductivity and viscosity.
Design/methodology/approach
The boundary-layer equations are presented in the dimensionless form using proper non-similar transformations. The subsequent non-dimensional nonlinear partial differential equations are solved using the implicit finite difference technique. To linearize the nonlinear terms present in these equations, the quasilinearization technique is used.
Findings
The investigation showed graphically the temperature, velocity and nanoparticle volume fraction for particular included physical parameters. It is observed that the velocity profile decreases with an increase in the values of Casson fluid parameter while increases with an increase in the viscosity variation parameter. The temperature profile enhances for large values of velocity variation parameter and thermal conductivity parameter while it reduces for large values of thermal buoyancy parameter. Further, the Nusselt number and skin-friction coefficient are introduced which are helpful in determining the physical aspects of Casson nanofluid flow.
Practical implications
The immediate control of heat transfer in the industrial system is crucial because of increasing energy prices. Recently, nanotechnology is proposed to control the heat transfer phenomenon. Ongoing research in complex nanofluid has been fruitful in various applications such as solar thermal collectors, nuclear reactors, electronic equipment and diesel–electric conductor. A reasonable amount of nanoparticle when added to the base fluid in solar thermal collectors serves to deeper absorption of incident radiation, and hence it upgrades the efficiency of the solar thermal collectors.
Originality/value
The non-similar solution of Casson nanofluid due to a vertical nonlinear stretching sheet with variable viscosity and thermal conductivity is discussed in this work.
Details
Keywords
Ankita Sharma and Swati Sharma
This study examines the vital factors that influence digital marketing adoption among small travel agencies (brick-and-mortar) and the impact of digital marketing adoption on…
Abstract
Purpose
This study examines the vital factors that influence digital marketing adoption among small travel agencies (brick-and-mortar) and the impact of digital marketing adoption on organizational performance modeled as a formative-formative HOC.
Design/methodology/approach
This empirical study builds on diffusion of innovation (DOI) theory and technology-organization-environment (TOE) framework to identify the factors of digital marketing adoption by small travel agencies. Data were collected from 226 small travel agents in India using purposive and snowball sampling. Partial least square-structural equation modelling (PLS-SEM) is used to analyze the reflectively and formatively measured constructs.
Findings
The findings reveal significant constructs of digital marketing adoption by small travel agencies. The study also establishes the positive impact of digital marketing adoption on organizational performance. Trust partially mediates the impact of technological factors (relative advantage, security concerns) and organizational factor (knowledge) on digital marketing adoption.
Research limitations/implications
The study provides methodological contribution to the literature by applying confirmatory composite analysis (CCA) approach in PLS-SEM. The study contributes to the literature by integrating DOI theory and TOE framework. The study enriches the literature on trust as it recognizes the crucial role of trust as a mediating construct.
Practical implications
The study provides useful implications to marketing practitioners of small travel agencies. The study shows strong predictive capacity and can be generalized throughout diverse samples.
Originality/value
The study adds value to the literature as it explores the digital marketing adoption among the under researched small travel agencies by integrating DOI-TOE theory. The study uniquely proposes and validates organizational performance as a formative-formative higher-order construct.
Details