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1 – 10 of 13
Article
Publication date: 29 March 2023

Mohd Ziyauddin Khan, Ashwani Kumar and Aditya Kumar Sahu

A fragmented research field exists on the applications of disruptive technologies like blockchain in supply chain management. Thus, the purpose of this study is to present a…

Abstract

Purpose

A fragmented research field exists on the applications of disruptive technologies like blockchain in supply chain management. Thus, the purpose of this study is to present a systematic review of literature reviews, summarising the applications of blockchain in various kinds and facets of the supply chain to date.

Design/methodology/approach

The literature search was conducted using Scopus and Web Of Science databases, and reporting was performed using PRISMA guidelines. In total, 43 review papers were identified, and 15 reviews applicable to the study were synthesised.

Findings

Blockchain technology is still in its infancy; however, it is gaining high utility in supply chain management. The technology is constantly expanding its application base, and it has enormous potential to cut out intermediaries and improve the efficiency of supply chains. Taking a look at the past and the present, the current study explores unexplored research avenues for the future.

Research limitations/implications

This study provides key insights to academia interested in exploring and advancing the topic.

Practical implications

This study will benefit practitioners and business managers exercising the potential of such a technology in various industrial contexts.

Social implications

The outcome of this study has the potential to bring many benefits to society at large. These benefits, if fully realised, could positively impact the society.

Originality/value

To the best of the authors’ knowledge, this is the first broad systematic review of reviews analysing the information about blockchain applications and implementation in the supply chain. Based on its constructive overview of the review studies published to date, this study contributes to the supply chain management literature by providing a table of reference for future researchers.

Details

Global Knowledge, Memory and Communication, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2514-9342

Keywords

Article
Publication date: 30 August 2023

Sneha Badola, Aditya Kumar Sahu and Amit Adlakha

This study aims to systematically review various behavioral biases that impact an investor’s decision-making process. The prime objective of this paper is to thematically explore…

Abstract

Purpose

This study aims to systematically review various behavioral biases that impact an investor’s decision-making process. The prime objective of this paper is to thematically explore the behavioral bias literature and propose a comprehensive framework that can elucidate a more reasonable explanation of changes in financial markets and investors’ behavior.

Design/methodology/approach

Systematic literature review (SLR) methodology is applied to a portfolio of 71 peer-reviewed articles collected from different electronic databases between 2007 and 2021. Content analysis of the extant literature is performed to identify the research themes and existing gaps in the literature.

Findings

This research identifies publication trends of the behavioral biases literature and uncovers 24 different biases that impact individual investors’ decision-making. Through thematic analysis, an attribute–consequence–impact framework is proposed that explains different biases leading to individual investors’ irrationality. The study further proposes directions for future research by applying the theory–characteristics–context–methodology framework.

Research limitations/implications

The results of this research will help scholars and practitioners in understanding the existence of various behavioral biases and assist them in identifying potential strategies which can evade the negative effects of these biases. The findings will further help the financial service providers to understand these biases and improve the landscape of financial services.

Originality/value

The essence of the current paper is the application of the SLR method on 24 biases in the area of behavioral finance. To the best of the authors’ knowledge, this study is the first attempt of its kind which provides a methodical and comprehensive compilation of both cognitive and emotional behavioral biases that affect the individual investor’s decision-making.

Details

Qualitative Research in Financial Markets, vol. 16 no. 3
Type: Research Article
ISSN: 1755-4179

Keywords

Article
Publication date: 9 August 2013

Uday Kumar, Diego Galar, Aditya Parida, Christer Stenström and Luis Berges

The purpose of this paper is to provide an overview of research and development in the measurement of maintenance performance. It considers the problems of various measuring…

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Abstract

Purpose

The purpose of this paper is to provide an overview of research and development in the measurement of maintenance performance. It considers the problems of various measuring parameters and comments on the lack of structure in and references for the measurement of maintenance performance. The main focus is to determine how value can be created for organizations by measuring maintenance performance, examining such maintenance strategies as condition‐based maintenance, reliability‐centred maintenance, e‐maintenance, etc. In other words, the objectives are to find frameworks or models that can be used to evaluate different maintenance strategies and determine the value of these frameworks for an organization.

Design/methodology/approach

A state‐of‐the‐art literature review has been carried out to answer the following two research questions. First, what approaches and techniques are used for maintenance performance measurement (MPM) and which MPM techniques are optimal for evaluating maintenance strategies? Second, in general, how can MPM create value for organizations and, more specifically, which system of measurement is best for which maintenance strategy?

Findings

The body of knowledge on maintenance performance is both quantitatively and qualitatively based. Quantitative approaches include economic and technical ratios, value‐based and balanced scorecards, system audits, composite formulations, and statistical and partial maintenance productivity indices. Qualitative approaches include human factors, amongst other aspects. Qualitatively based approaches are adopted because of the inherent limitations of effectively measuring a complex function such as maintenance through quantitative models. Maintenance decision makers often come to the best conclusion using heuristics, backed up by qualitative assessment, supported by quantitative measures. Both maintenance performance perspectives are included in this overview.

Originality/value

A comprehensive review of maintenance performance metrics is offered, aiming to give, in a condensed form, an extensive introduction to MPM and a presentation of the state of the art in this field.

Details

Journal of Quality in Maintenance Engineering, vol. 19 no. 3
Type: Research Article
ISSN: 1355-2511

Keywords

Article
Publication date: 19 August 2022

Karthik Bajar, Aditya Kamat, Saket Shanker and Akhilesh Barve

In recent times, reverse logistics (RL) is gaining significant traction in various automobile industries to recapture returned vehicles’ value. A good RL program can lower…

Abstract

Purpose

In recent times, reverse logistics (RL) is gaining significant traction in various automobile industries to recapture returned vehicles’ value. A good RL program can lower manufacturing costs, establish a green supply chain, enhance customer satisfaction and provide a competitive advantage. However, reducing disruptions and increasing operational efficiency in the automobile RL requires implementing innovative technology to improve information flow and security. Thus, this manuscript aims to examine the hurdles in automobile RL activities and how they can be effectively tackled by blockchain technology (BCT). Merging BCT and RL provides the entire automobile industry a chance to generate value for its consumers through effective vehicle return policies, manufacturing cost reduction, maintenance records tracking, administration of vehicle information and a clear payment record of insurance contracts.

Design/methodology/approach

This research is presented in three stages to accomplish the task. First, previous literature and experts' opinions are examined to highlight certain factors that are an aggravation to BCT implementation. Next, this study proposed an interval-valued intuitionistic fuzzy set (IVIFS) – decision-making trial and evaluation laboratory (DEMATEL) with Choquet integral framework for computing and analyzing the comparative results of factor interrelationships. Finally, the causal outline diagrams are plotted to determine the influence of factors on one another for BCT implementation in automobile RL.

Findings

This study has categorized the barriers to BCT implementation into five major factors – operational and strategical, technical, knowledge and behavioral, financial and infrastructural, and government rules and regulations. The results revealed that disreputable technology, low-bearing capacity of IT systems and operational inefficiency are the most significant factors to be dealt with by automobile industry professionals for finer and enhanced RL processes utilizing BCT. The most noticeable advantage of BCT is its enormous amount of data, permitting automobile RL to develop client experience through real-time data insights.

Practical implications

This study reveals several factors that are hindering the implementation of BCT in RL activities of the automobile industry. The results can assist experts and policymakers improve their existing decision-making systems while making an effort to implement BCT into the automobile industry's RL activities.

Originality/value

Although there are several studies on the benefits of BCT in RL and the adoption of BCT in the automobile industry, individually, none have explicated the use of BCT in automobile RL. This is also the first kind of study that has used IVIFS-DEMATEL with the Choquet integral framework for computing and analyzing the comparative results of factor interrelationships hindering BCT implementation in automobile RL activities.

Details

Smart and Sustainable Built Environment, vol. 13 no. 1
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 21 August 2007

Aditya Parida and Gopi Chattopadhyay

The purpose of this study is to develop a multi‐criteria hierarchical maintenance performance measurement framework, which is balanced, holistic and integrated to various levels…

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Abstract

Purpose

The purpose of this study is to develop a multi‐criteria hierarchical maintenance performance measurement framework, which is balanced, holistic and integrated to various levels of the organization.

Design/methodology/approach

Consolidation of published research and current practices are combined to study, identify and develop this proposed framework.

Findings

A framework for maintenance performance measurement is proposed for developing and implementing a relevant, timely, reliable, cost and time‐effective and user‐friendly system for stakeholders at various levels. The indicators at the subsystem/component level, plant level and corporate level are linked with the MPIs for the organizational objectives and strategy.

Practical implications

Management of maintenance performance is critical for long term economic viability of business and industry. Development of an integrated, balanced and holistic MPM system needs to consider various issues to measure the contribution of maintenance towards total business goals. In this paper, a multi‐criteria hierarchical MPM framework has been developed. This framework can be used by the operating managers for their maintenance decisions at various levels of an organization.

Originality/value

The paper presents a proposed MPM framework, which is integrated, and focuses on both internal and external effectiveness.

Details

Journal of Quality in Maintenance Engineering, vol. 13 no. 3
Type: Research Article
ISSN: 1355-2511

Keywords

Content available
Book part
Publication date: 28 March 2017

Chandan Kumar Sadangi and Sanjay Mohapatra

Abstract

Details

Change Management for Organizations
Type: Book
ISBN: 978-1-78714-119-3

Content available

Abstract

Details

Organizational Culture and Its Impact on Continuous Improvement in Manufacturing
Type: Book
ISBN: 978-1-80262-404-5

Article
Publication date: 28 October 2011

Thomas Reardon and Bart Minten

The purpose of this paper is to analyze the patterns and dynamics of the diffusion of modern food retail in India.

3117

Abstract

Purpose

The purpose of this paper is to analyze the patterns and dynamics of the diffusion of modern food retail in India.

Design/methodology/approach

The paper is based on detailed sales data from retail chains in India, short case studies of retail chains, and review of literature.

Findings

The article presents three surprises concerning modern food retail diffusion in India. First, modern retail has developed in three “waves”, with the first wave, government retail chains, starting in the 1960s/1970s, cooperative retail chains starting in the 1970s/1980s, and private retail chains in the 1990s/2000s. All three were substantial, and internationally uniquely, all three coexist in the 2000s as segments of modern retail. Second, the rise of modern private retail in India in the past six years has been among the fastest in the world, growing at 49 percent a year on average over that period, and bouncing back to growth after a dip from the recent recession. The great majority of modern private retail has arisen in 2007‐2010. Third, beside the uniqueness of the coexistence of three types of retail noted above, Indian private retail chain development has unique or rare characteristics: driven by domestic capital investment, “early” (in terms of usual international patterns) diversification into small formats, “early” penetration of small cities and even rural towns, of the food markets of the poor and lower‐middle class, and of fresh produce retail. These unique factors have helped to propel it quickly.

Originality/value

For the first time in the literature, the paper presents an analysis of: the three waves in Indian retail; detailed sales data for all leading chains; and its uniqueness.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. 1 no. 2
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 12 March 2019

Prakash Chandra Sahu, Ramesh Chandra Prusty and Sidhartha Panda

The paper has proposed to implement gray wolf optimization (GWO)-based filter-type proportional derivative with (FPD) plus (1+ proportional integral) multistage controller in a…

Abstract

Purpose

The paper has proposed to implement gray wolf optimization (GWO)-based filter-type proportional derivative with (FPD) plus (1+ proportional integral) multistage controller in a three-area integrated source-type interlinked power network for achieving automatic generation control.

Design/methodology/approach

For analysis, a three area interconnected power system of which each area comprises three different generating units where thermal and hydro system as common. Micro sources like wind generator, diesel generator and gas unit are integrated with area1, area2 and area3 respectively. For realization of system nonlinearity some physical constraints like generation rate constraint, governor dead band and boiler dynamics are effected in the system.

Findings

The supremacy of multistage controller structure over simple proportional integral (PI), proportional integral, derivative (PID) and GWO technique over genetic algorithm, differential evolution techniques has been demonstrated. A comparison is made on performances of different controllers and sensitivity analysis on settling times, overshoots and undershoots of different dynamic responses of system as well as integral based error criteria subsequent a step load perturbation (SLP). Finally, sensitive analysis has been analyzed by varying size of SLP and network parameters in range ±50 per cent from its nominal value.

Originality/value

Design and implementation of a robust FPD plus (1 + PI) controller for AGC of nonlinear power system. The gains of the proposed controller are optimized by the application of GWO algorithm. An investigation has been done on the dynamic performances of the suggested system by conducting a comparative analysis with conventional PID controller tuned by various optimization techniques to verify its supremacy. Establishment of the robustness and sensitiveness of the controller by varying the size and position of the SLP, varying the loading of the system randomly and varying the time constants of the system.

Article
Publication date: 18 May 2021

Vigneshkumar Chellappa, Vasundhara Srivastava and Urmi Ravindra Salve

Construction workers’ health and safety (CWHS) research in India has not gained much attention among researchers. This study aims to review articles related to CWHS research in…

Abstract

Purpose

Construction workers’ health and safety (CWHS) research in India has not gained much attention among researchers. This study aims to review articles related to CWHS research in India using a science mapping approach.

Design/methodology/approach

A total number of 64 journal articles published between 2004 and 2019 were extracted from the Scopus database using keywords including “construction safety,” “occupational health,” “ergonomics in construction,” etc. VOSviewer software was used to examine the influential keywords, documents, sources and authors in the field of CWHS.

Findings

The study found that most of the current work focuses on safety management, safety climate, safety performance, musculoskeletal disorders and behavior-based safety. The result indicates no theoretical basis for the theories and learning methods for the existing studies.

Practical implications

The findings open up a research gap that researchers explore to enhance workers’ health and safety within the Indian construction environment.

Originality/value

The paper is the first article to provide a better understanding of current research in the field of CWHS in India by analyzing its growth through the science mapping approach.

Details

Journal of Engineering, Design and Technology , vol. 19 no. 6
Type: Research Article
ISSN: 1726-0531

Keywords

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