Search results

1 – 10 of over 3000
Open Access
Article
Publication date: 7 July 2021

Lakshman Singh Negi and Yashomandira Kharde

Inventory accumulation is a major problem for any organization, as it not only occupies the valuable storage space, but it also blocks the company's capital, leaving the owners…

6832

Abstract

Purpose

Inventory accumulation is a major problem for any organization, as it not only occupies the valuable storage space, but it also blocks the company's capital, leaving the owners with less cash to run the company's business. Aggregation of inventory in any organization contributes to inventory carrying cost; it affects labor productivity, increases equipment expenses and creates a loss of opportunity associated with it. Therefore, it is essential for any organization to come up with a solution to deal with the stockpile of inventory.

Design/methodology/approach

This research aims to examine the potential causes of inventory aggregation in an organization. First, the potential factors for the build-up of inventory are identified from survey data collection, such as questionnaire approach and discussion with industry experts, and then weights are assigned to attributes to study the effects for these factors. After the identification of probable causes, they are analyzed through a multi-criterion decision-making (MCDM) approach and the technique for order of preference by similarity to ideal solution (TOPSIS) to prioritize the severity of these causes toward the accumulation of inventory and take corrective actions to prevent their disruptive effect on the business.

Findings

The top three causes identified from the TOPSIS analysis are sales and forecasting error, defects and quality related issues and communication gap between departments. Firstly, we focus on these major contributors and prioritize them using the TOPSIS analysis. Then, we proceed further toward other factors. The main reasons identified for the accumulation of inventory are (1) forecasting error, (2) bulk purchase, (3) data entry error, (4) communication gaps, (5) quality-related issues, (6) product category not traceable and (7) wrong material being procured.

Research limitations/implications

To carry out the data analysis in this research paper, first survey data collection is done. Then, discussions with managers and executives in the particular domain are carried out, and weights are assigned to the attributes and the criteria to study the effects of the identified factors. After that root cause analysis (RCA) is performed to get to the genesis of the problem and to take necessary corrective action, for carrying out this study, a total of seven potential causes were identified and the contribution of these seven causes on five attributes or criteria, i.e. quantity (in tons), holding and carrying cost, effect on labor productivity, loss of opportunity cost and storage space were studied.

Originality/value

This research paper is the author’s original work, and all the analyses carried out are from the discussion with experts in the field and through the in-depth analysis carried out. This research aims to examine the potential causes of the accumulation of inventory in organizations and their contribution toward factors like inventory carrying cost, labor productivity, and opportunity loss and excessive storage space have been analyzed. This research provides great value to the readers in the respective domain.

Content available
Article
Publication date: 1 September 2005

320

Abstract

Details

Disaster Prevention and Management: An International Journal, vol. 14 no. 4
Type: Research Article
ISSN: 0965-3562

Content available
Book part
Publication date: 14 March 2022

Abstract

Details

International Business in Times of Crisis: Tribute Volume to Geoffrey Jones
Type: Book
ISBN: 978-1-80262-164-8

Open Access
Article
Publication date: 18 May 2020

Juan Carlos Cuestas and Merike Kukk

This paper aims to investigate the mutual dependence between housing prices and housing credit in Estonia, a country that experienced rapid debt accumulation during the 2000s and…

1388

Abstract

Purpose

This paper aims to investigate the mutual dependence between housing prices and housing credit in Estonia, a country that experienced rapid debt accumulation during the 2000s and big swings in house prices during that period.

Design/methodology/approach

The authors use Bayesian econometric methods on data spanning 2000–2015.

Findings

The estimations show the interdependence between house prices and housing credit. More importantly, negative housing credit innovations had a stronger effect on house prices than positive ones.

Originality/value

The asymmetry in the linkage between housing credit and house prices highlights important policy implications, in that if central banks increase capital buffers during good times, they can release credit conditions during hard times to alleviate the negative spillover into house prices and the real economy.

Details

Journal of Economic Studies, vol. 48 no. 1
Type: Research Article
ISSN: 0144-3585

Keywords

Content available
Article
Publication date: 1 May 2007

415

Abstract

Details

Disaster Prevention and Management: An International Journal, vol. 16 no. 2
Type: Research Article
ISSN: 0965-3562

Content available
Article
Publication date: 27 February 2007

363

Abstract

Details

Disaster Prevention and Management: An International Journal, vol. 16 no. 1
Type: Research Article
ISSN: 0965-3562

Open Access
Article
Publication date: 3 April 2019

Edric John Cruz Nacpil, Rencheng Zheng, Tsutomu Kaizuka and Kimihiko Nakano

Two-handed automobile steering at low vehicle speeds may lead to reduced steering ability at large steering wheel angles and shoulder injury at high steering wheel rates (SWRs)…

1217

Abstract

Purpose

Two-handed automobile steering at low vehicle speeds may lead to reduced steering ability at large steering wheel angles and shoulder injury at high steering wheel rates (SWRs). As a first step toward solving these problems, this study aims, firstly, to design a surface electromyography (sEMG) controlled steering assistance interface that enables hands-free steering wheel rotation and, secondly, to validate the effect of this rotation on path-following accuracy.

Design/methodology/approach

A total of 24 drivers used biceps brachii sEMG signals to control the steering assistance interface at a maximized SWR in three driving simulator scenarios: U-turn, 90º turn and 45º turn. For comparison, the scenarios were repeated with a slower SWR and a game steering wheel in place of the steering assistance interface. The path-following accuracy of the steering assistance interface would be validated if it was at least comparable to that of the game steering wheel.

Findings

Overall, the steering assistance interface with a maximized SWR was comparable to a game steering wheel. For the U-turn, 90º turn and 45º turn, the sEMG-based human–machine interface (HMI) had median lateral errors of 0.55, 0.3 and 0.2 m, respectively, whereas the game steering wheel, respectively, had median lateral errors of 0.7, 0.4 and 0.3 m. The higher accuracy of the sEMG-based HMI was statistically significant in the case of the U-turn.

Originality/value

Although production automobiles do not use sEMG-based HMIs, and few studies have proposed sEMG controlled steering, the results of the current study warrant further development of a sEMG-based HMI for an actual automobile.

Details

Journal of Intelligent and Connected Vehicles, vol. 2 no. 1
Type: Research Article
ISSN: 2399-9802

Keywords

Open Access
Article
Publication date: 5 July 2023

Pravati Saha

This article addresses some of the most pressing issues related to climate change and its potential consequences, namely population migration in Southeast Asia. It sheds light on…

1472

Abstract

Purpose

This article addresses some of the most pressing issues related to climate change and its potential consequences, namely population migration in Southeast Asia. It sheds light on how slow-onset events interact with other variables to limit the ability of people to adapt to stressors through human mobility.

Design/methodology/approach

The study adopts an analytical methodology to evaluate the extent to which the planning policy framework addresses these issues within the context of achieving resilient development.

Findings

Climate stressors will force millions of people to move within their own countries, while others will be forced to cross international borders, leaving others stranded. Desertification, sea level rise, ocean acidification, air pollution, changing rainfall patterns and biodiversity loss are all examples of slow-onset processes that the author believes will be exacerbated by climate change.

Research limitations/implications

This will exacerbate many existing humanitarian issues, and more people may be forced to flee their homes as a result. This research helps improve the understanding of migration’s social, economic and environmental implications.

Originality/value

The research offers a novel perspective and analysis of the unique migration challenges arising from climate change in the Southeast Asian context.

Details

Southeast Asia: A Multidisciplinary Journal, vol. 23 no. 2
Type: Research Article
ISSN: 1819-5091

Keywords

Open Access
Article
Publication date: 29 July 2020

T. Mahalingam and M. Subramoniam

Surveillance is the emerging concept in the current technology, as it plays a vital role in monitoring keen activities at the nooks and corner of the world. Among which moving

2123

Abstract

Surveillance is the emerging concept in the current technology, as it plays a vital role in monitoring keen activities at the nooks and corner of the world. Among which moving object identifying and tracking by means of computer vision techniques is the major part in surveillance. If we consider moving object detection in video analysis is the initial step among the various computer applications. The main drawbacks of the existing object tracking method is a time-consuming approach if the video contains a high volume of information. There arise certain issues in choosing the optimum tracking technique for this huge volume of data. Further, the situation becomes worse when the tracked object varies orientation over time and also it is difficult to predict multiple objects at the same time. In order to overcome these issues here, we have intended to propose an effective method for object detection and movement tracking. In this paper, we proposed robust video object detection and tracking technique. The proposed technique is divided into three phases namely detection phase, tracking phase and evaluation phase in which detection phase contains Foreground segmentation and Noise reduction. Mixture of Adaptive Gaussian (MoAG) model is proposed to achieve the efficient foreground segmentation. In addition to it the fuzzy morphological filter model is implemented for removing the noise present in the foreground segmented frames. Moving object tracking is achieved by the blob detection which comes under tracking phase. Finally, the evaluation phase has feature extraction and classification. Texture based and quality based features are extracted from the processed frames which is given for classification. For classification we are using J48 ie, decision tree based classifier. The performance of the proposed technique is analyzed with existing techniques k-NN and MLP in terms of precision, recall, f-measure and ROC.

Details

Applied Computing and Informatics, vol. 17 no. 1
Type: Research Article
ISSN: 2634-1964

Keywords

Open Access
Article
Publication date: 26 September 2023

Tobias Winkler, Manuel Ostermeier and Alexander Hübner

Regarding the retail internal supply chain (SC), both retailers and research are currently focused on reactive food waste reduction options in stores (e.g. discounting or…

1922

Abstract

Purpose

Regarding the retail internal supply chain (SC), both retailers and research are currently focused on reactive food waste reduction options in stores (e.g. discounting or donations). These options reduce waste after a surplus has emerged but do not prevent an emerging surplus in the first place. This paper aims to reveal how retailers can proactively prevent waste along the SC and why the options identified are impactful but, at the same time, often complex to implement.

Design/methodology/approach

The authors follow an exploratory approach for a nascent topic to obtain insights into measures taken in practice. Interviews with experts from retail build the main data source.

Findings

The authors identify and analyze 21 inbound, warehousing, distribution and store-related options applied in grocery retail. Despite the expected high overall impact on waste, prevention measures in inbound logistics and distribution and warehousing have not been intensively applied to date.

Practical implications

The authors provide a structured approach to mitigate waste within retailers' operations and categorize the types of barriers that need to be addressed.

Originality/value

This research provides a better understanding of prevention options in retail operations, which has not yet been empirically explored. Furthermore, this study conceptualizes prevention and reduction options and reveals implementation patterns.

Details

International Journal of Physical Distribution & Logistics Management, vol. 53 no. 11
Type: Research Article
ISSN: 0960-0035

Keywords

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