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Article
Publication date: 24 February 2012

Murugesan Punniyamoorty, Ponnusamy Mathiyalagan and Ganesan Lakshmi

The purpose of this paper is to develop a new composite model using structural equation modelling (SEM) and analytic hierarchy process (AHP) for the selection of suppliers.

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Abstract

Purpose

The purpose of this paper is to develop a new composite model using structural equation modelling (SEM) and analytic hierarchy process (AHP) for the selection of suppliers.

Design/methodology/approach

In this paper the authors have made an attempt to arrive at the supplier selection score using SEM and AHP. An attempt has been made to develop a new composite model using SEM and AHP technique, based on the survey of 151 respondents. Attributes' weightage are found out using cluster analysis.

Findings

Based on the output from the composite model, cluster analysis has been carried out to find out the strengths and weakness of each supplier on the influencing factors. Based on these findings, the supplier can improve on factors where they lag and can maintain the factors where they excel.

Originality/value

In this paper the authors have made an attempt to arrive at the supplier selection score using SEM and AHP.

Article
Publication date: 11 July 2008

M. Punniyamoorthy and R. Murali

The purpose of this paper is to create a model called “Balanced score for the balanced score card” and to provide an objective benchmarking indicator for evaluating the…

16812

Abstract

Purpose

The purpose of this paper is to create a model called “Balanced score for the balanced score card” and to provide an objective benchmarking indicator for evaluating the achievement of the strategic goals of the company.

Design/methodology/approach

The paper uses the concepts of “Balanced scorecard” proposed by Robert. S. Kaplan and David P. Norton. This paper also adopts the model given by Brown P.A. and Gibson D.F. and the extension to the model provided by P.V. Raghavan and M. Punniyamoorthy. Preference theory is used to calculate the relative weightage for each factor, using the process of pair wise comparison. The balanced score for balanced scorecard provides a single value by taking into account all the essential objective and subjective factors – be it financial or non‐financial. It also provides a suitable weightages for those parameters. The target performance and the actual performance are compared and the analysis is made.

Findings

Information from a leading organization was obtained and the balanced score for a balance scorecard was calculated for that organization. The variations were analyzed through this model. The depth and objectivity in the analysis is highlighted.

Research limitations/implications

This provides a single bench marking measure to evaluate how far the firm had been successful in achieving the strategies. The paper has adopted the preference theory which limits the weightage to be accorded to the factors concerned. However, further refinement can be provided by the usage of analytic hierarchy process for arriving suitable weightages.

Practical implications

The organization can calculate the balanced score by themselves, by assigning appropriate importance to the activities – as they deem fit. It is a tailor made benchmarking information system created by the firm for itself.

Originality/value

This is of value to the top management to identify the important activities and setting suitable target measures to be achieved in those activities. The variations are arrived by comparing the targeted performance with the actual. This will help the firm to take suitable actions under those parameters where there are significant deviations.

Details

Benchmarking: An International Journal, vol. 15 no. 4
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 29 May 2018

Deepak Murlidhar Sundrani

The purpose of this paper is to present partial results of a survey conducted in Pune, India. Its aim is to determine the importance of factors, other than the…

Abstract

Purpose

The purpose of this paper is to present partial results of a survey conducted in Pune, India. Its aim is to determine the importance of factors, other than the buyer-related factors, that influence the purchase of a flat/apartment, of buyers of different types of flats/apartments.

Design/methodology/approach

The author follows three hypotheses for recent buyers of three different types of flats/apartments, namely, 1 BHK, 2 BHK and 3 BHK (where 1, 2 and 3 indicate the number of bedrooms, H stands for hall and K stands for kitchen. Thus 1 BHK designates a flat/apartment with one bedroom, a hall and a kitchen). A total of 284 respondents from buildings located on the outskirts of Pune city participated in the questionnaire survey for this study. Ten factors have been considered.

Findings

From this study, it is concluded that price is significantly the most important factor for buyers of 1 BHK, followed by product, and then followed by location. For 2 BHK buyers, there is no single significantly most important factor. For 3 BHK buyers, there is no single significantly most important factor and the two most important factors are product and location.

Research limitations/implications

The results of this study show that buyers of different types of flats/apartments give different types of importance to the influencing factors. This study of buyer behavior will be helpful for the marketers of real estate companies, as they can identify the most important factors for various categories of buyers and implement those accordingly.

Originality/value

This study is the first to analyze the importance of the influencing factors for buyers of different types of flats/apartments. Also, it is the first to analyze the home-buying behavior for flats/apartments constructed in the outskirts, where most of the new constructions are taking place. This study will be useful to all the stakeholders of the housing industry.

Details

International Journal of Housing Markets and Analysis, vol. 11 no. 4
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 14 November 2019

Tapash Kumar Das, Neeraj Kumar Goyal and Anirudh Gautam

For repairable systems (RSs), reliability estimation is generally performed using virtual age models. Virtual age models consider the effect of maintenance actions by…

Abstract

Purpose

For repairable systems (RSs), reliability estimation is generally performed using virtual age models. Virtual age models consider the effect of maintenance actions by reducing system age using restoration factor (RF). RF is generally estimated from system failure data using various statistical methods. However, RSs such as railway systems experience various types of maintenance actions at different times during their life cycle. To consider all these different types of actions, we need multiple RFs in the virtual age model. As failure data are limited, the estimation of so many parameters becomes a complex problem and it can lead to erroneous inferences. These RFs are representative of effects of maintenance activities on the system. Therefore, these can be predicted from the information about the maintenance actions performed on the system. The paper aims to discuss these issues.

Design/methodology/approach

The paper considers different types of maintenance actions to predict RF of the system. These maintenance actions involve the replacement of components at some level of assembly. Each component in an assembly has its own impact on assembly restoration. RF for assembly/systems can be obtained by aggregating effects of multiple component replacement using analytical hierarchy process . The RF values obtained for different types of maintenance actions are then used to calculate the virtual age of the system at different failure points. Using these virtual age failure points, suitable distribution is fitted and parameters are estimated. The distribution and parameters provide information about reliability of the system at any point of time.

Findings

This paper provides an easier approach that gives different RFs for different types of PM and CM. To calculate RFs, it considers the impact of maintenance actions performed as well as the impact of the component on which they are performed. It is simpler and gives more consistent results than other approaches, which estimate RF using different statistical methods.

Originality/value

This paper provides an alternative approach to predict RF parameters instead of estimating these parameters using statistical methods. Estimation of parameters using different statistical methods is complex in nature and gives erroneous and inconsistent results. The approach given in this paper is simpler and gives more reliable results. This approach can be useful in estimating parameters for RSs when failure data are limited.

Details

Journal of Quality in Maintenance Engineering, vol. 26 no. 3
Type: Research Article
ISSN: 1355-2511

Keywords

Article
Publication date: 15 July 2021

Kesavan Manoharan, Pujitha B.G. Dissanayake, Chintha Pathirana, Dharsana Deegahawature and K.D. Renuka Ruchira Silva

This study aims to develop a curriculum guide model to upgrade the construction supervision practices, considering evolving challenges and thereby the next normal of the industry.

Abstract

Purpose

This study aims to develop a curriculum guide model to upgrade the construction supervision practices, considering evolving challenges and thereby the next normal of the industry.

Design/methodology/approach

Both qualitative and quantitative research designs were adopted to identify productivity-related challenges that can be addressed through effective supervision in construction. Meetings, discussions, workshops and surveys were conducted among construction experts to systematically develop the competencies of construction supervision. The necessary mapping models were used to identify the level of outcomes for each competency element along with the learning domains and programme outcomes.

Findings

A curriculum guide model consisting of 64 competency elements has been introduced with corresponding assessment weightages and mapping outcomes. Using this model, a new training programme has been designed and tested with weightage percentages on learning domains.

Research limitations/implications

Although the scope of the study is limited to Sri Lanka, the findings can be interpreted for critical learning in other developing countries too.

Practical implications

The study outcomes are expected to make a high impact on improving the standards of vocational training education in the country, thereby upgrading the current industry practices.

Originality/value

The developed guide model is expected to be a valuable tool for training providers/organisations in upgrading their programmes/practices with the scope of productivity improvement. The obtained mapping outcomes are significant for the evolving next normal situations in teaching, learning and assessment methods with regard to construction supervision practices.

Details

Built Environment Project and Asset Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-124X

Keywords

Article
Publication date: 26 February 2021

Lalit K. Toke and Shyamkumar D. Kalpande

The aim of this paper is to present an empirical assessment and strategic planning for measuring the impact of total quality management (TQM) practices on small and medium…

Abstract

Purpose

The aim of this paper is to present an empirical assessment and strategic planning for measuring the impact of total quality management (TQM) practices on small and medium enterprises (SMEs) and its effectiveness for business excellence. The authors investigate the present status of quality system in SMEs and find the thrust areas for TQM implementation in SMEs of strengths, weaknesses, opportunities and threats analysis. Also, it examines the effect of external environment on internal factors of SMEs by situation analysis. This study helps to develop a model for assessing the components of TQM in SMEs after identifying their weightage.

Design/methodology/approach

The qualitative and quantitative techniques have been used together for robust conclusions. The survey data has been collected through the properly designed questionnaire. After studying the present status of TQM in SMEs, situation analysis has been carried out for examining the effect of the external environment on internal factors of SMEs. The weightage of TQM critical success factors was calculated by pair-wise comparison method of analytical hierarchical process (AHP) analysis for framework development.

Findings

The study offers useful insights and guidelines for identification of the contribution of TQM critical factors in SMEs performance. It has been observed that the attribute understanding of customer need and its fulfillment ability has the highest priority, whereas supplier partnership and the ability to reduce waste having the least priority in SMEs. Validation study facilitates to channelize TQM initiatives, to improve environmental and operational performance.

Originality/value

The authors provide a comprehensive typology of TQM practices, and its performances on SMEs. This paper can increase the awareness of the significance of TQM strategy which could help managers of SMEs to have a better understanding of the benefits of implementing TQM and therefore unable patient satisfaction with their organizations.

Details

Journal of Engineering, Design and Technology , vol. 20 no. 3
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 18 December 2018

Rohit Kumar Singh, Sachin Modgil and Amit Anand Tiwari

This paper aims to identify and examine the determinants for sustainable manufacturing in cement manufacturing industry in India. Further, the study examines the causal…

Abstract

Purpose

This paper aims to identify and examine the determinants for sustainable manufacturing in cement manufacturing industry in India. Further, the study examines the causal relationship between different indicators of sustainable manufacturing.

Design/methodology/approach

Author (s) have identified and extracted the key dimensions of sustainable manufacturing from literature. After identification of the key dimensions, analytic hierarchy process (AHP) is used to finalize the weights and further DEMATEL is used to understand the causal relationship between key dimensions.

Findings

Findings from AHP provide the weightage to the all 13 indicators of sustainable manufacturing. From AHP, it is identified that material cost has maximum weightage, whereas material consumption has minimum weightage. From DEMATEL, it is evident that occupational health safety and safety has maximum influencing variables, whereas air emission does not have any influencing variables.

Originality/value

The approach adopted in the study will help firms to identify the weightage of key dimensions and further the interdependency can be developed to understand the causal relationship between different indicators of sustainable manufacturing.

Details

Measuring Business Excellence, vol. 23 no. 1
Type: Research Article
ISSN: 1368-3047

Keywords

Article
Publication date: 1 January 2007

Jitesh Thakkar, S.G. Deshmukh, A.D. Gupta and Ravi Shankar

The purpose of this paper is to propose an integrated qualitative and quantitative approach to the development of a balanced scorecard (BSC) for a real life case company…

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Abstract

Purpose

The purpose of this paper is to propose an integrated qualitative and quantitative approach to the development of a balanced scorecard (BSC) for a real life case company KVIC (Khadi and Village Industries Commission, organic food sector, India).

Design/methodology/approach

In this paper the semi‐structured interviews with director, managers, professional consultant, review of published reports and observations made during research work are considered as basis.

Findings

This paper illustrates how the use of a mix approach of cause and effect diagram, Interpretive Structural Modeling (ISM) and Analytic Network Process (ANP) can address some of the shortcomings related to the development of BSC in the light of a real life case company KVIC (Khadi Village and Industry Commission, organic food sector India). The paper delivers a complete framework of BSC for the case company.

Research limitations/implications

The paper outlines the limitations of proposed approach in regard to validity of present logical relationships among various objectives of organization in the futuristic environment and indicates the need for a computer software system, which can improve the efficiency of proposed approach.

Practical implications

In the paper a number of case studies report the fact that companies have attempted to derive measures from strategy, based on cause‐and‐effect reasoning, but the claimed link between strategy and measures appeared weak in analysis (Malmi, 2001). The paper establishes the basis for integrating organization's strategic intent with the identification of performance measures and at large development of BSC.

Originality/value

The paper shows that present work demonstrates the use of an innovative approach to the development of performance measurement system at one end while to deliver a workable framework of balanced scorecard for a real life case company is the objective of the other end. The present work encapsulates the philosophy of strategy maps using a mix of quantitative and qualitative approach for a real life case.

Details

International Journal of Productivity and Performance Management, vol. 56 no. 1
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 10 January 2019

Namish Mehta, Nilesh Diwakar and Rajeev Arya

The purpose of this paper is to provide a framework for designing a multiple performance measurement tool for evaluating, comparing and benchmarking the working of…

Abstract

Purpose

The purpose of this paper is to provide a framework for designing a multiple performance measurement tool for evaluating, comparing and benchmarking the working of engineering educational institutes in a group based on total quality management (TQM) criteria and performance measurement criterion, respectively.

Design/methodology/approach

Proposed framework is based on fuzzy analytic hierarchy process (FAHP) which takes in to account the fuzziness of human opinion for realistic outcome and generalization of the results. Based on the proposed framework a case study was conducted on engineering institutes of central India for collecting data and analyzing the current practices followed in these institutes. A relationship among TQM implementation criterion was developed, their respective weights derived and then institutes were ranked.

Findings

It was found that the rank of institutions based on both the criterion is same, which indicates that the institutes having better TQM implementation have better performance.

Research limitations/implications

The research in this paper is limited to Indian scenario; studies in other countries and sectors may be conducted to compare the results obtained.

Practical implications

The results will help policy makers in identifying institutions having poor performance in the region.

Originality/value

The paper is navel in its attempt to provide a model based on TQM criteria for evaluating the working of engineering educational institutes in a group in terms of their relative weightage and benchmark.

Details

Benchmarking: An International Journal, vol. 26 no. 1
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 13 July 2020

Dayananda P, Mrityunjaya V. Latte, Mahesh S. Raisinghani and Sowmyarani CN

Standard quality is very highly important parameter in the education sector. Accreditation is a process where standard quality of education is given and the process of…

Abstract

Purpose

Standard quality is very highly important parameter in the education sector. Accreditation is a process where standard quality of education is given and the process of continuous improvement is defined. Emphasizing quality of student education is achieved through outcome-based education system (OBE). Program outcomes signify the comprehension, skills and attitude the students should have at the end of the program. At the end of each course, course outcomes signify the knowledge acquired by the students. Course outcomes assessment is one of the key aspects of the OBE model. In this research, the following four factors: subject quality, number of times subject handled by faculty members, faculty experience and student quality with different weightage, are used for analysis of the target setting for individual courses, used for higher education accreditation. This new approach for target setting will improve the teaching and learning process.

Design/methodology/approach

Four factors: subject quality, number of times subject handled by faculty members, faculty experience and student quality with different weightage, are used for analysis of the target setting for individual courses, used for higher education accreditation.

Practical implications

Using proposed approach, higher targets can be achieved in teaching and learning.

Findings

New approach for target setting will improve the teaching and learning process.

Research limitations/implications

Proposed approach for target setting will improve the teaching and learning process; it should be implemented across all engineering colleges or universities.

Social implications

All engineering colleges will have impact on teaching and learning process.

Originality/value

The following four factors: subject quality, number of times subject handled by faculty members, faculty experience and student quality with different weightage, are used for analysis of the target setting for individual courses, used for higher education accreditation.

Details

Journal of Economic and Administrative Sciences, vol. 37 no. 1
Type: Research Article
ISSN: 1026-4116

Keywords

1 – 10 of over 1000