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In the present work the current supply chain of the company has been thoroughly studied to sort out the excess inventory related problem and a new model of supply chain of the company has been proposed with recommendations. A demand forecasting analysis has been done for solving inventory pileup problem in the store. The Bullwhip effect is quantified and recommendations are given to reduce variation...
Today, the information flow within flexible production networks of small and medium enterprises for the production of hybrid micro systems is characterized by a lack of coordination and concepts as well a high portion of manual procedures. A new concept for an information system uses RFID-tags as data carriers, fixed at the load carriers, as a performance driver for these kinds of networks. As a basis...
Software development is carried out in different methods and using several standards. Software Process Improvisation (SPI) is the key for developing quality software. Software development companies are not only big organizations but there are many small settings usually called SME (Small and Medium Enterprises) or SMB (Small and Medium Business) which plays a major role in the software industry. CMMI...
The global economy has become increasingly reliant on Information and Communication Technology (ICT) toolsand systems to process and exchange information. The Small and Medium Enterprises (SMEs) are yet to reap these benefits as obtaining such opportunities rests on their ability to integrate ICT into business tasks and processes. They need to transform their companies by implementing appropriate...
The small- and medium enterprise (SME) in China contributed over 60% of GDP in 2008, mainly in manufacturing industries. The world factory was named on behalf of these Chinese SMEs. China remains the world's fastest-growing major economy. Times Magazine has asked the question, “Who deserves the credit?” The ten of millions of workers who have left their homes, and often their families, to find work...
Facing challenges and increasing competition, small and medium manufacturing enterprise needs to strive for the market share. To deal with the environmental changes, manufacture companies should increase their organization's ability, adaptability and learn to face challenges. Projects are always initiated to identify problems and to make improvement in the business procedure of a company. In a project,...
This paper explores the application and the impact of Open Source Software (OSS) to small and micro enterprises. OSS has been identified as a facilitator for small enterprises in emerging markets to implement an Information and Communication Technology (ICT) infrastructure at reduced cost. However, its diffusion in Tanzania has been rather slow. This research aims to highlight OSS adoption model applicable...
In Europe, more than 19 million companies are Small and Medium size Enterprises (SMEs), representing 99.8% of all registered businesses, making the European economy depend upon their contribution to wealth creation and employment. Although SMEs have some strong advantages in flexibility and responsiveness, they struggle to compete for large projects where efficient and effective collaborations are...
Small and medium size firms (SMEs) are recognized fundamental to regional economies as they represent the majority of the business base, and make large contributions to employment and gross domestic product. However, the rate of integration of SMEs into e-commerce and e-business puts them in a disadvantaged position with respect to larger organizations. The slight utilization of Information Technologies...
Community Innovation Surveys (CIS) have been widely used in recent years to study open innovation (OI) activities, which have become a hot issue. While most research has aimed for a general overview of the OI activities in a specific country, this study, which pertains to OI activities in Taiwan, focuses on outstandingly innovative firms to benchmark and examine country-specific industrial characteristics,...
The effectiveness of an “Innovation Cluster” approach is well acknowledged in the science and technology policy. There are many successful cases that the innovation clusters are leading the national or regional competitiveness. However, it is also true that there are many cases, which do not produce the expected innovation. In this sense, a regional case of Korea was reviewed with other two international...
As Small and Medium Scale Enterprises (SMEs) are getting more customer-focused and profit driven they are adopting tools like Enterprise Resource Planning (ERP) systems in order to automate and integrate all of a company's business processes for the smooth functioning of the organization. Non-value adding business processes are removed and the organizational structure is streamlined with the use of...
This study explored the positive effects of environmental commitments and green intangible assets on green competitive advantages of companies in the information and electronics industry of Taiwan. The results showed that environmental commitments and green intangible assets of companies were positively associated with their green competitive advantages. Investments in the environmental commitments...
Innovation is almost a necessity for business nowadays for being competitive. As a practical activity for technical innovation, the significance of R&D is getting on the rise more and more to either large or small and medium sized enterprises. Especially for small and medium-sized enterprise (SME), R&D is considered as a main factor for innovation and sometimes is considered as a key factor...
Purpose - The world share of China of ISO 14001 certified companies have gone up from 9.98% as on April 2005 to 14.70% as on December 2006/ January 2007. For the same period, world share of India has gone down from 1.7% to 1.16%. One of the reasons for its low growth in Indian organizations could be attributed to the feeling of not achieving the desired benefits. Therefore the research has been undertaken...
In order to secure future growth, any R&D and technology-driven company has to manage its internal knowledge effectively. When companies grow the need for a Knowledge Management System (KMS) increases. It is widely recognized that one of the major challenges when implementing a KMS is how to create a culture that support the use of the system. Most companies struggle to make these cultural changes,...
Automotive industry has one of the most complex supply chain operations. To efficiently manage an automotive supply chain, information technology (IT) is the most crucial part in supporting the whole operations. Over the last few decades, Electronics Data Interchange (EDI) has been used in the automotive industry to exchange information between business partners. However, the technology is used mainly...
This study proposes a component-based approach to develop a generic procedure model for implementing enterprise resource planning (ERP) system in small and medium enterprises (SMEs). Although ERP vendors or consultants have their specific implementation procedures, a theoretical model which can be understood and used to manage the ERP implementation by all stakeholders of enterprise organization is...
Technologies provide a major basis for the development of innovative products in small and medium enterprises (SME) and at the same time they enable the expansion of new application fields. If the potentials of new technologies are recognized in time and deployed in a strategically convenient way, a company can cope with the continuously growing requirements of the markets and participate in the global...
The Aerospace Industry shows the highest degree of integration of advanced parts and materials among manufacturing industries. It needs sophisticated and precise processing and advanced assembly technology. High reliability, high precision and super lightweight materials and techniques such as CFRP are requested for parts and materials. A change in the climate in which the aerospace industry operates...
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