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1 – 10 of 105
Article
Publication date: 12 July 2022

Gaurav Gupta, Jitendra Mahakud and Vishal Kumar Singh

This study examines the impact of economic policy uncertainty (EPU) on the investment-cash flow sensitivity (ICFS) of Indian manufacturing firms.

Abstract

Purpose

This study examines the impact of economic policy uncertainty (EPU) on the investment-cash flow sensitivity (ICFS) of Indian manufacturing firms.

Design/methodology/approach

This study uses the fixed-effect method to investigate the effect of EPU on ICFS from 2004 to 2019.

Findings

This study finds that EPU increases ICFS, which is more (less) during the crisis (before and post-crisis) period. The authors also find that the effect of EPU on ICFS is more for smaller, younger and standalone (SA) firms than the larger, matured and business group affiliated (BGA) firms. This study also reveals that EPU reduces corporate investment (CI). Further, the authors find that cash flow is more significant for the investment of financially constrained firms and the negative effect of EPU is more for these firms.

Research limitations/implications

This study considers the Indian manufacturing sector. Therefore, this study can be extended by analyzing the relationship between EPU and ICFS for the service sector.

Practical implications

First, this study can be useful for corporates, academicians and government bodies to understand the effect of EPU on ICFS and CI. Second, this study will help corporates to focus on internal funds to finance corporates' investment during the crisis period because EPU increases the cost of external finance which may increase ICFS and reduce CI. Third, lending agencies, investors and stakeholders should also focus on the firm's nature, ownership, size and age because these factors play a crucial role to reduce or increase the negative effect of EPU on ICFS. Fourth, the Government should make appropriate policy measures in terms of concessional interest rates to increase the easy availability of external finance for SA, small size, and young firms to reduce the negative effect of EPU on CI because these firms are considered as more financially constrained firms.

Originality/value

This study adds new inputs to the current literature of EPU in several ways. First, this study is one of the main studies focused on the relationship between EPU and ICFS (CI). Especially in emerging countries like India, examining this relationship extends previous research. Second, this study also examines the impact of EPU on ICFS for BGA, SA, small, large, matured and young firms as well as crisis and non-crisis periods. Third, this study uses the sample of the Indian manufacturing sector which has emerged the qualities to become a global manufacturing hub and attracting global investors. Therefore, examining the effect of EPU on ICFS for these firms will be more interesting.

Details

International Journal of Emerging Markets, vol. 19 no. 2
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 22 February 2021

Rakesh Chandmal Sharma, Vishal Dabra, Gurpreet Singh, Rajender Kumar, Ravi Pratap Singh and Sameer Sharma

Stainless steel is widely used in different manufacturing sectors. The purpose of this study is to optimize the process parameters of machining while processing SS316L alloy. The…

Abstract

Purpose

Stainless steel is widely used in different manufacturing sectors. The purpose of this study is to optimize the process parameters of machining while processing SS316L alloy. The optimization of machining characteristics in the case of SS316L alloy greatly improves the quality and productivity economically.

Design/methodology/approach

The machining variables in current research are depth of cut, spindle speed and feed rate. The optimization of response characteristics was carried out using the intelligent approach of grey, regression and teaching learning-based optimization (TLBO) and Taguchi-Grey approach. Planning of experiments was made using Taguchi’s based L27 orthogonal array. With the implementation of grey, the response characteristics were normalized and converted into a single response. The regression analysis was used for empirical modeling of the single response induced from the grey application. TLBO is further used to investigate the combinations of machining variables and compared with grey theory.

Findings

The grey-TLBO based multi-criteria decision-making approach suggests that the optimized setting for material removal rate, mean roughness depth (Rz) and cutting force (Fz) is spindle speed (N): 720 rpm; feed rate (F): 0.3 mm/rev; depth of cut (DoC): 1.7 mm. The grey theory suggests an optimized setting as N: 720 rpm; F: 0.2 mm/rev and DoC: 1.7 mm.

Originality/value

The parametric optimization during the turning of SS316L using grey-TLBO based intelligent approach is not performed till now. Thus, this intelligent approach will give a path to the researchers working in this direction. However, the grey theory performs better as compared to the grey-TLBO approach.

Details

World Journal of Engineering, vol. 19 no. 3
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 27 August 2021

Vishal Kumar and Evelyn Ai Lin Evelyn Teo

The usability aspect of the construction operations building information exchange (COBie) datasheet has been largely overlooked. Users find it difficult to find relevant data…

Abstract

Purpose

The usability aspect of the construction operations building information exchange (COBie) datasheet has been largely overlooked. Users find it difficult to find relevant data inside COBie and understand the dependencies of information. This research study is a part of a more comprehensive research study to identify the usability issues associated with COBie and propose solutions to deal with them. This paper aims to discuss the challenges associated with the visualization aspect of COBie and proposes a solution to mitigate them.

Design/methodology/approach

This paper is based on design thinking and waterfall methodology. While the design thinking methodology is used to explore the issues associated with the visualization aspect of COBie, the waterfall methodology is used to develop a working prototype of the visualizer for the COBie datasheet using a spreadsheet format.

Findings

The paper demonstrates that the property graph model based on a node-link diagram can be effectively used to represent the COBie datasheet. This will help in storing data in a visually connected manner and looking at links more dynamically. Moreover, converting and storing data into an appropriate database will help reach data directly rather than navigate multiple workbooks. This database can also help get the history of data inside the COBie datasheet as it develops throughout the project.

Originality/value

This research proposes a novel approach to visualize the COBie datasheet interactively using the property graph model, a type of node-link diagram. Using the property graph model will help users see data in a connected way, which is currently missing in the spreadsheet representation of COBie data. Moreover, this research also highlights that storing historical changes in COBie data can help understand how data has evolved throughout the construction. Additionally, structured storage of data in relationship format can help users to access the end of connected data directly through the efficient search.

Details

Journal of Facilities Management , vol. 19 no. 4
Type: Research Article
ISSN: 1472-5967

Keywords

Article
Publication date: 21 May 2021

Rohit Agrawal, Vishal Ashok Wankhede, Anil Kumar and Sunil Luthra

This work aims to review past and present articles about data-driven quality management (DDQM) in supply chains (SCs). The motive behind the review is to identify associated…

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Abstract

Purpose

This work aims to review past and present articles about data-driven quality management (DDQM) in supply chains (SCs). The motive behind the review is to identify associated literature gaps and to provide a future research direction in the field of DDQM in SCs.

Design/methodology/approach

A systematic literature review was done in the field of DDQM in SCs. SCOPUS database was chosen to collect articles in the selected field and then an SLR methodology has been followed to review the selected articles. The bibliometric and network analysis has also been conducted to analyze the contributions of various authors, countries and institutions in the field of DDQM in SCs. Network analysis was done by using VOS viewer package to analyze collaboration among researchers.

Findings

The findings of the study reveal that the adoption of data-driven technologies and quality management tools can help in strategic decision making. The usage of data-driven technologies such as artificial intelligence and machine learning can significantly enhance the performance of SC operations and network.

Originality/value

The paper discusses the importance of data-driven techniques enabling quality in SC management systems. The linkage between the data-driven techniques and quality management for improving the SC performance was also elaborated in the presented study.

Details

The TQM Journal, vol. 35 no. 1
Type: Research Article
ISSN: 1754-2731

Keywords

Article
Publication date: 31 July 2023

Shekhar Srivastava, Rajiv Kumar Garg, Anish Sachdeva, Vishal S. Sharma, Sehijpal Singh and Munish Kumar Gupta

Gas metal arc-based directed energy deposition (GMA-DED) process experiences residual stress (RS) developed due to heat accumulation during successive layer deposition as a…

Abstract

Purpose

Gas metal arc-based directed energy deposition (GMA-DED) process experiences residual stress (RS) developed due to heat accumulation during successive layer deposition as a significant challenge. To address that, monitoring of transient temperature distribution concerning time is a critical input. Finite element analysis (FEA) is considered a decisive engineering tool in quantifying temperature and RS in all manufacturing processes. However, computational time and prediction accuracy has always been a matter of concern for FEA-based prediction of responses in the GMA-DED process. Therefore, this study aims to investigate the effect of finite element mesh variations on the developed RS in the GMA-DED process.

Design/methodology/approach

The variation in the element shape functions, i.e. linear- and quadratic-interpolation elements, has been used to model a single-track 10-layered thin-walled component in Ansys parametric design language. Two cases have been proposed in this study: Case 1 has been meshed with the linear-interpolation elements and Case 2 has been meshed with the combination of linear- and quadratic-interpolation elements. Furthermore, the modelled responses are authenticated with the experimental results measured through the data acquisition system for temperature and RS.

Findings

A good agreement of temperature and RS profile has been observed between predicted and experimental values. Considering similar parameters, Case 1 produced an average error of 4.13%, whereas Case 2 produced an average error of 23.45% in temperature prediction. Besides, comparing the longitudinal stress in the transverse direction for Cases 1 and 2 produced an error of 8.282% and 12.796%, respectively.

Originality/value

To avoid the costly and time-taking experimental approach, the experts have suggested the utilization of numerical methods in the design optimization of engineering problems. The FEA approach, however, is a subtle tool, still, it faces high computational cost and low accuracy based on the choice of selected element technology. This research can serve as a basis for the choice of element technology which can predict better responses in the thermo-mechanical modelling of the GMA-DED process.

Details

Rapid Prototyping Journal, vol. 29 no. 10
Type: Research Article
ISSN: 1355-2546

Keywords

Content available
Book part
Publication date: 30 September 2020

Abstract

Details

Big Data Analytics and Intelligence: A Perspective for Health Care
Type: Book
ISBN: 978-1-83909-099-8

Article
Publication date: 3 July 2023

Vishal Ashok Wankhede, Rohit Agrawal, Anil Kumar, Sunil Luthra, Dragan Pamucar and Željko Stević

Sustainable development goals (SDGs) are gaining significant importance in the current environment. Many businesses are keen to adopt SDGs to get a competitive edge. There are…

Abstract

Purpose

Sustainable development goals (SDGs) are gaining significant importance in the current environment. Many businesses are keen to adopt SDGs to get a competitive edge. There are certain challenges in realigning the present working scenario for sustainable development, which is a primary concern for society. Various firms are adopting sustainable engineering (SE) practices to tackle such issues. Artificial intelligence (AI) is an emerging technology that can help the ineffective adoption of sustainable practices in an uncertain environment. In this regard, there is a need to review the current research practices in the field of SE in AI. The purpose of the present study is to comprehensive review the research trend in the field of SE in AI.

Design/methodology/approach

This work presents a review of AI applications in SE for decision-making in an uncertain environment. SCOPUS database was considered for shortlisting the articles. Specific keywords on AI, SE and decision-making were given, and a total of 127 articles were shortlisted after implying inclusion and exclusion criteria.

Findings

Bibliometric study and network analyses were performed to analyse the current research trends and to see the research collaboration between researchers and countries. Emerging research themes were identified by using structural topic modelling (STM) and were discussed further.

Research limitations/implications

Research propositions corresponding to each research theme were presented for future research directions. Finally, the implications of the study were discussed.

Originality/value

This work presents a systematic review of articles in the field of AI applications in SE with the help of bibliometric study, network analyses and STM.

Details

Journal of Global Operations and Strategic Sourcing, vol. 17 no. 2
Type: Research Article
ISSN: 2398-5364

Keywords

Article
Publication date: 3 September 2020

Vishal Kumar and Evelyn Ai Lin Teo

Until now, the usage and usability factors of Construction Operation Building information exchange (COBie) datasheet have remained largely overlooked. This oversight may be the…

Abstract

Purpose

Until now, the usage and usability factors of Construction Operation Building information exchange (COBie) datasheet have remained largely overlooked. This oversight may be the potential factor in the lower adoption rates as well as the effective usage of COBie datasheet in the architecture, engineering and construction-facilities management industry. The purpose of this study is to investigate the benefits and key issues associated with COBie datasheet handling and identify the key technological solutions, which can help in mitigating the identified issues.

Design/methodology/approach

A literature review was conducted to identify the key benefits of using COBie and issues, which are associated with COBie datasheet handling. This paper has also designed a questionnaire based on a literature review and surveyed professionals who are well versed with handling COBie datasheet. Using responses, the issues are analyzed and discussed using non-parametric statistical analysis.

Findings

A total of 9 key benefits and 24 key issues categorized under three groups of usability issues, technical issues and organizational/other issues were identified. The results from the survey agree with all the key issues associated with COBie datasheet handling (with 86 responses). This research also proposes key ideas, that can help in mitigating these issues.

Originality/value

There is a paucity in published literature, which discusses in detail about the various issues associated with COBie datasheet handling. This research study aims to address this gap by identifying key issues by looking at the entire COBie data-capturing process holistically. Finding from this study can help professionals to understand these issues and develop appropriate technological solutions, which can make COBie data capturing and understanding easier. The findings could also assist in increasing the adoption rate of COBie, which could be achieved through mitigation of identified issues.

Details

Facilities , vol. 39 no. 5/6
Type: Research Article
ISSN: 0263-2772

Keywords

Article
Publication date: 12 March 2020

Shekhar Srivastava, Rajiv Kumar Garg, Vishal S. Sharma, Noe Gaudencio Alba-Baena, Anish Sachdeva, Ramesh Chand and Sehijpal Singh

This paper aims to present a systematic approach in the literature survey related to metal additive manufacturing (AM) processes and its multi-physics continuum modelling approach…

Abstract

Purpose

This paper aims to present a systematic approach in the literature survey related to metal additive manufacturing (AM) processes and its multi-physics continuum modelling approach for its better understanding.

Design/methodology/approach

A systematic review of the literature available in the area of continuum modelling practices adopted for the powder bed fusion (PBF) AM processes for the deposition of powder layer over the substrate along with quantification of residual stress and distortion. Discrete element method (DEM) and finite element method (FEM) approaches have been reviewed for the deposition of powder layer and thermo-mechanical modelling, respectively. Further, thermo-mechanical modelling adopted for the PBF AM process have been discussed in detail with its constituents. Finally, on the basis of prediction through thermo-mechanical models and experimental validation, distortion mitigation/minimisation techniques applied in PBF AM processes have been reviewed to provide a future direction in the field.

Findings

The findings of this paper are the future directions for the implementation and modification of the continuum modelling approaches applied to PBF AM processes. On the basis of the extensive review in the domain, gaps are recommended for future work for the betterment of modelling approach.

Research limitations/implications

This paper is limited to review only the modelling approach adopted by the PBF AM processes, i.e. modelling techniques (DEM approach) used for the deposition of powder layer and macro-models at process scale for the prediction of residual stress and distortion in the component. Modelling of microstructure and grain growth has not been included in this paper.

Originality/value

This paper presents an extensive review of the FEM approach adopted for the prediction of residual stress and distortion in the PBF AM processes which sets the platform for the development of distortion mitigation techniques. An extensive review of distortion mitigation techniques has been presented in the last section of the paper, which has not been reviewed yet.

Article
Publication date: 25 April 2022

Sanjiv Narula, Harish Puppala, Anil Kumar, Sunil Luthra, Maheshwar Dwivedy, Surya Prakash and Vishal Talwar

This study aims to propose a conceptual model indicating the impact of Industry 4.0 (I4.0) technologies on lean tools. Additionally, it prioritizes I4.0 technologies for the…

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Abstract

Purpose

This study aims to propose a conceptual model indicating the impact of Industry 4.0 (I4.0) technologies on lean tools. Additionally, it prioritizes I4.0 technologies for the digital transformation of lean plants.

Design/methodology/approach

The authors conducted a questionnaire-based survey to capture the perception of 115 experts of manufacturing industries from Germany, India, Taiwan and China. The impact of I4.0 on lean tools, using analysis of variance (ANOVA). Further, the authors drew a prioritization map of I4.0 on the employment of lean tools in manufacturing, using the Best–Worst Method (BWM).

Findings

The findings indicate that cloud manufacturing, simulation, industrial internet of things, horizontal and vertical integration impact 100% of the lean tools, while both cyber-security, big data analytics impact 93% of the lean tools and advanced robotics impact 74% of the lean tools. On the other hand, it is observed that augmented reality and additive manufacturing will impact 21% and 14% of the lean tools, respectively.

Practical implications

The results of this study would help practitioners draw up a strategic plan and roadmap for implementing lean 4.0. The amalgamation of lean with I4.0 technologies in the right combination would enhance speed productivity and facilitate autonomous operations.

Originality/value

Studies exploring the influence of I4.0 on lean manufacturing lack comprehensiveness, testing and validation. Importantly, no studies in the recent past have explored mapping and prioritizing I4.0 technologies in the “lean” context. This study thereby attempts to establish a conceptual model, indicating the influence of I4.0 technologies on lean tools and presents the hierarchy of all digital technologies.

Details

International Journal of Lean Six Sigma, vol. 14 no. 1
Type: Research Article
ISSN: 2040-4166

Keywords

1 – 10 of 105