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Practical Application of Methods in Strategy-Based Analyzes
59-72Views:454Increasing environmental volatility is a growing challenge for companies and businesses. The speed of economic events is changing, and the risk of uncertainty is increasing, requiring business to take a new approach to strategic planning. In the design and forming of their strategy, both the factors of the external and internal environment and the analysis of their competitors can be based on well-chosen methods. We consider the review of these methods, their application in planning and educational practice. The aim of our work, in which we present the methods that underpin the strategy applied in both domestic and international practice. The analysis of the external environment illustrates the construction and applicability of an external factor analysis matrix based on traditional PEST analysis and the Porter's five-factor model. In the case of internal factor analysis matrix, we focus on the approach of method choice, and on the applicable methods, the importance of the resource-based approach, the analysis of key factors and the Porter value chain analysis matrix. The third pillar of the analysis that underpins the strategy is the matrix-based assessment of competitors. The applicability of the methods depends on the form of the enterprise, the field of activity and the nature of its activities, which is complicated by the emergence of new economic spheres (e.g.: sharing) and transformed power relations.
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Analysis of the Benefits of SAP S/4 HANA Cloud IT/Is Investment in the Case of PT XYZ
13-24Views:223PT XYZ is one of the largest telecommunication companies in Indonesia. In 2020, PT XYZ implemented a digital transformation to increase its excellence by investing in industry telecommunication and information systems (IT/IS) enterprise resource planning software called SAP (System Application and Processing) S/4 HANA Cloud. The study aims to analyze the benefits of these IT investments made in PT XYZ. The results are carried out using the Comparative Analysis of Financial Statements followed by Business Value and Financial Feasibility Analysis and the Cost Benefit Analysis (CBA) method between 2018 and 2021. It can be revealed that the SAP S/4 Hana Cloud investment benefits the company's operations, which are identified in the form of 5 sub-categories that fall into required categories based on Ranti's Generic IT/IS Business Value.
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Analysis of Disinfection Technologies that can Increase the Efficiency of Indoor Logistics Processes, which has been Reduced due to the COVID Pandemic
62-71Views:142As a result of the Coronavirus, both supply chain and internal logistics processes at factories have changed a lot. In many areas, the effectiveness of the logistics processes has declined because of the restrictions implemented against the virus. The study lists some adverse effects where logistics processes had to be modified due to the changing and protection measures against or negative effects of the virus. The authors also argue that these restrictions decreased the efficiency of logistics processes and workers' productivity. One option to increase the logistics sector's efficiency is to use air purification technologies, like the ones studied in this paper: UV-C, Bioxygen® or plasma-ion decontamination technologies. These disinfection processes can create a safe indoor environment. The authors analyse the examined technologies with SWOT analysis. The analysis results demonstrate which disinfection application is the most beneficial to help in improving indoor air quality for logistics processes.
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Price Analysis Practices in the Pig Sector
1-12Views:54The analysis of sales prices has become a particularly important topic in pig production research, including statistical analysis. With globalisation, we can say that today we are talking about a sector constantly exposed to the effects of the world market. It is also worth pointing out that, compared with other sectors, the impact of external regulation and influence is less pronounced. Thus, the aim of the present research was to identify the journal articles published on the subject of price analysis and, on the basis of these, to establish the correlation with the methodologies often used. It examines the spatial location of price analysis. The results obtained show that the practice of price analysis is mainly carried out in the context of market leading countries, usually on the basis of a cross product chain issue. The research shows the emergence in recent years of increasingly sophisticated methodologies that allow more accurate conclusions to be drawn, while also facilitating planning from a practical point of view.
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Teaching the Analysis of Newton’s Cooling Model to Engineering Students
63-68Views:84To apply mathematical methods to physical or other real life problem, we have to formulate the problem in mathematical terms. It means that, we have to construct the mathematical model for the problem. Many physical problems shows the relationships between changing quantities. The rates of change are represented mathematically by derivatives. In this case the mathematical models involve equations relating an unknown function and one or more of its derivatives. These equations are the differential equations. In this article, teaching the analysis of Newton's cooling model to engineering students is presented as one of the applications of separable differential equations.
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Analysis of Thermal Degradation in the Annealing Process of Colored Parts Built by Extrusion-Based 3D Printing
124-133Views:359With the ever-increasing request of light materials, poly lactic (acid) PLA, have got much in consideration. Low-cost PLA materials have risen its use. Those possess some benefits but nevertheless insufficient mechanical strength. The printed PLA objects have a stumbling block for practical applications. Thus, annealing is an interested alternative to make 3D printed objects strong. This thermal treatment can significantly develop investigational studies and offer technical data. Hence the purpose of this paper is study and discuss how to increase the flexural strength through annealing process. Geometry distortions and color degradation will be analyzed. Differential Scanning Calorimetry, Taguchi Method (TM) and variance (ANOVA) were applied as part of the design experiments and analysis. Twenty-seven printed specimens were tested and factors as temperature, time and color were selected.
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Flexibility Analysis Of Inventory Cost Model With Ergonomics
166-173Views:111The economic and environmental sustainability issues in supply chain management have integrated by many researchers in the past decades. The ergonomics as a social aspect of sustainability had received a little attention by researchers. Therefore, the aim of the paper is analyzing the flexibility of developed inventory cost model with relaxation allowance and endurance time as a social aspect of sustainability. The effects of distance, unit weight of item and total number of items on relaxation allowance, the total cost of logistics operation and the EOQ model were investigated. The analyzed mathematical model was a single operator-single material model which covered transportation of fixed amount of raw materials from storage plant to production plant by manual material handling with simple cart and picking, storing, pushing and pushing back with empty cart for manual handling of the products. The different parameter values applied for analysis such as total amount of handled items (Q) changes between 500 pcs to 2750 pcs, unit weight of item (w) changes between 0.1 kg to 1 kg, distance of movement by manual material handling for picking and storing motions (d1) changes between 2 m to 3 m and the distance between the storing equipment and the supermarket of the production line for pushing motion (d2) changes between 15 m to 20 m. The results of the analysis indicated that the longer the distance of movement for all motions leads to decrease in savings of the model compared to EOQ model. The increase in unit weight of item is increase the savings obtained from application of our model and decrease the optimal lot size. There was no specific change on savings or optimal lot size as the total amount of handled item is increase. The compared results indicated that an increase in d1 and d2 lead to an increase in optimal lot size and increase in total cost of the model. Consequently, the analysis has shown that a decrease in lot size would be the better way to improve both ergonomic conditions and total cost of production in any different parameter values. Finally, the analysis of the inventory model with ergonomics were proved that this model is suitable for different industrial practices.
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Generative Design of Articulated Rod of Radial Engine
36-47Views:428The constant need for improvement drives humans to look for the best possible option in every field. Computer Aided Design (CAD) is no exception, to follow the best method of designing a product and finalizing it, researchers came up with an idea to generate multiple designs using fixed input values and finalizing the most appropriate one. The objective is achieved using an iterative design process based on algorithms by a specific software. Generative design introduces a new experience based on the Integration of machine dynamics in the manufacturing of objects and about experience. In this work generative design method was investigated on an articulated rod, one of the most important components of the rotary engine, to effectively improve the overall working performance of the engine and enhance its performance by decreasing its mass. Since fuel consumption by the machine can be greatly reduced by lowering the mass, so the goal is to minimize the weight of the rod while mechanical characteristics have to be within the acceptable values. Also, finite element analysis (FEA) was investigated on the part as to ensure the reliability of the rod before and after optimization.
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Mixing Power Requirement Determination in Agitated Drum Using Dimensional Analysis
76-88Views:131The mixing of granular materials in an agitated drum can be characterized by the dimensionless power equation. The equation was created by dimensional analysis, for which the parameters affecting the mixing power requirement were collected based on the literature. The most important of these are the rotational speed, the drum loading factor, the geometric and physical properties of the mixing drum and the granular materials. The dimensionless power equation is used to estimate with reasonable accuracy the Power number within the given range of applicability , which has been validated by measurements. From the Power number, the mixing power requirement of the mixed granular material can be calculated, which can be used as operational data for selecting the mixing motor.
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Generative Design of a Mechanical Pedal
48-58Views:759Nowadays, there are various tools that support the initial stages of design available to use for engineers, the traditional Computer-Aided Design (CAD) has been implemented in the engineering components design and replaced manual drafting. However, with the advances and the rapid technology development, new trends emerged to cope with this evolution, namely, Generative Design, Topology Optimization, and Generative Engineering Design. The method is based on numerical algorithms that generate a variety of design and modelling options based on the criteria and constraints set by the designer to allow further design exploration. Proposed in this paper is an implementation of the generative design of a mechanical pedal with further finite element analysis.
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Using the Photostress Method to Determine the Residual Stresses
24-38Views:144Strains and stresses in loaded and photoelastically coated structural members can be determined using the PhotoStress method. The quantitative values of variations in the principal strains (stresses) and their directions could be employed to get the strain or stress components field on the entire coated surface. In the PhotoStress experiment, isochromatic fringes give qualitative and quantitative information. It provides a source of information on the directions and magnitudes of principal strain and principal normal stress on the surface of photoelastic coated parts. This article reviews the principle of using PhotoStress analysis to measure the residual stress and provides the boundary condition of using this method.
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Enhancing Customer Experience in Car Servicing: Insights from Indian Markets
113-123Views:34This descriptive research has attempted to assess customers' satisfaction with services offered by car servicing firms in India. The researcher administered a structured questionnaire to 300 company customers, selected using the Systematic Random Sampling technique. Data collected were analyzed using SPSS, applying the analytical tools of Frequency, Percentage, Mean, factor analysis, cluster analysis, Chi-square and Correspondence Analysis. Results of the study have revealed that the caring nature of servicing staff, the quality of services and service personnel, and the convenience and comfort offered to customers have been identified as the most important factors affecting customer satisfaction.
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Structural Analysis of Carbon Fiber-reinforced Thermoset Composite
36-46Views:172Materials are usually stronger in fibrous form than in bulk form. Composites are made from bonding two materials, where the reinforcement contributes with the outstanding natural properties and the matrix supports the fibers by transferring the loads between them, besides protecting the fiber from the environment hazards. Consequently, creating a strong composite that can be used in various applications and situations. In this academic work it is going to be analyzed how the composite made from carbon fiber and epoxy thermoset matrix behaves in specific situations, by making them in two different manufacturing methods. In addition, the analysis is going to be made in the laboratories of the university and then compared with computer analysis. So, the first phase of this academic work is being presented and highlighted below.
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Composition basics and analysis of visual language of the product
381-385Views:88The analysis of the visual language of the product demands deeper analysis of the user’s profile and built behavioral patterns. There is an existing group of factors that have relatively constant nature - gender differentiation, age differentiation, belongingness to specific group – social status, place in hierarchy, race, religion, people with special needs, etc. The analysis of the visual language of the product can be done by analyzing the basic arsenal of the composition - the means of composing form shaping: scale –related to the correct size of the products and their components; proportions –associated with organizing the form plastical and visual order of the whole and its parts; contrast - related to the shape of the product, semantical or bounded to past experience; color –bounded to both formal characteristics and plasticity, as well as to contrast and its meaningful designation; plastic of the form - linked to the proportions and scale, which determines not only the structural and formal characteristics of the products, but also the meaningful reading of the forms. The analysis of the individual composite devices is demonstrated by Ingo Maurer’s lighting fixtures.
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International Coffee Trade Network Analysis
393-404Views:242Coffee is one of the most consumed beverages in the world. It is the second largest traded commodity after petroleum. It is crucial for the economy and politics of many developing countries, as its cultivation, processing, trade, transportation and distribution create jobs for millions of people. The analysis of network connections and structures became popular in the field of sociology, whereby the term Social Network Analysis (SNA) is derived. The method is well suited for the complex examination and modelling of composite social structures. The social network is defined as a finite set of social actors and the relationships between them. Modelling of complex networks now apply in countless locations, from social media through the pharmaceutical industry to economic and commercial processes. Our study examines changes in international coffee trade through a network analysis. Introducing the complex networks investigate by our, highlighting major changes in international coffee trade.
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Analysis of Labor Market Indicators in the Northern Great Plain Region in 2018 and 2022
1-18Views:30In my study, I analyze the labor market indicators of the North Great Plain statistical region for the years 2018 and 2022 in order to map the regional labour market characteristics based on the indicators. One method of the analysis is the Beveridge curve. This complex analysis method graphically illustrates the evolution of the relationship between the unemployment rate and the proportion of vacant positions typical of the region under investigation. The results of the analysis can draw attention to possible problems in the labour market in the region. I examine the secondary statistical data in parallel with the available related literature.
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Comperative Economic Analysis of the Determining Leagues of European Clubfootball
22-35Views:456Nowadays sport is not just all about entertainment, or about social cohesion but also it has serious economic and business aspects. Sporteconimics is an individual concept and sector. Sport businesses are contributing more and more to national incomes. Football business are specially important parts of this complex system called sporteconomics. The aim of my research is to create an economic and also comparative analysis of the five top European football leagues, also called as the “Big5” which are responsible for 74% of the total football revenue in Europe. By the analysis of the 2019 UEFA report it can be stated that in these leagues more than 60% of the competing clubs achieved positive operating profits, but the structure of their revenues warns them to look for opportunities to increase their operating revenues. According to the data it is clear that wage cost is the most significant cost element in the industry as they cover 53-68% of their total revenue. These statements set the course for the economic development of European football. The management of these outstanding football clubs may give example to the ones falling behind including Hungarian football businesses.
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Why Public Sector Projects Fail or Succeed in Pakistan- A Model for Evaluating Impact of HR Management Practices on Project Success
77-90Views:309Employees are the most important assets of an organization. As quality human resources become scarce, companies need to pay more heed to the satisfaction and motivation of their employees. If employees are motivated towards work, then it is likely to yield better results. This study will examine the role of Human resource management (HRM) practices upon New product development (NPD). NPD involves technical, marketing, and financial risks organizations undertake for developing new products and services. Effective project planning and control are valuable for decision-making. The analysis of the impact of HRM practices on NPD, project success, and organizational benefit is based on data collected using a cross-sectional design via a survey questionnaire. The questionnaire consisted of items related to HR practices, New product development, Project Success, and Organizational benefits adapted from previous studies. Respondents working in 10 large-scale public sector projects executed by National Database & Registration Authority, Pakistan were selected for the study. Therefore, the results of the study can be generalized to similar projects executed by the public sector in Pakistan. From the findings of data analysis, it has been concluded that there is a significant association between HR practices and project success, but no significant relationship has been established between new product development and organizational benefit. Therefore, it can be concluded that HR management practices have a significant impact on public sector project success in the case of Pakistan.
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Ultrasonic Powder Atomization for Additive Manufacturing
69-75Views:151The following article presents a special case of metal powder production, ultrasonic metal atomization. In this case, ultrasound technology is based on the capillary wave phenomenon. We verify the suitability of the produced powders for 3D metal printing with various tests. In the case of prints with a metal powder bed fusion (PBF), the properties of the raw material of the powder are extremely important. The main results of the tests carried out in the article (SEM images, EDS composition analysis, sieve analysis) were described.
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Analysis of Structural Strengths Applied the Cableway Group
62-66Views:62This paper will present the analysis of structural strengths for the cableway group. Three loading scenarios were analyzed. Each of these scenarios will be presented on the cableway group and explained with the intervening forces.
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Business Strategy in the Model of Linear Activity Analysis of Production
1-14Views:163It was analyzed how the methodology of linear activity analysis of production model supports the implementation of different business strategies at a company level. Aspects of analysis are focusing on openness for markets, lean management and environmental protection strategies. The study reveals that the linear activity analysis of production – mainly due to its efficient process optimization problem solving ability – is capable supporting lean management decisions and implementing additional objectives in business strategies. Such objectives can be sustaining specific production patterns for further development or following strategies for limiting market competition. It will be shown how to quantify the costs of strategic objectives in linear activity analyzing model.
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New Research methods of Sales-Marketing Interfaces
160-183Views:314The energy invested in research in this topic is justified by the fact that the lack of optimal integration between SM (sales-marketing) can negatively affect overall corporate efficiency. The aim of this article is to present possible research methods that can reveal the impact of selected indicators, such as information exchange, coordination, vision and communication, conflicts, on the operation of the SM interface, according to Hungarian and foreign employees of international companies, and how they affect sales and marketing collaboration between pharmaceutical companies (PMC) and non-pharmaceutical companies (NPMC). It also attempts to demonstrate how the Partial Least Square (PLS) path modeling technique can provide valuable information on the consequences of management activity, and how the methods provided by Voyant Tools provide further research through quantitative analysis of qualitative data on the marketing sales interface (SMI), they can open up opportunities. The PLS-PM modeling technique was used to explore the relationships between the selected factors and possible hidden variables. These results clearly demonstrate that there are factors that influence SM collaboration that operate differently in PMCs and NPMCs, and that nationality differences can have a significant impact on how employees evaluate factors that affect SM collaboration. Of the methods we selected by Voyant Tools, the t-SNE (t-Distributed Stochastic Neighbour Embedding) tool proved to be the most sophisticated analysis, allowing the deepest analyzes by exploring relationships between groups of terms. -
Optimization of the Sheet Metal Base of a Toggle Clamp Using Finite Element Method
266-273Views:195Optimization relates to the ultimate yield strength and the maximum stress incident on the current model under critical working conditions and finds through iterative processing a way to compensate for the strength requirement without going beyond the desired mass limits. In this paper, the horizontal sheet metal base of a horizontal toggle clamp is optimised for mass reduction using the finite element analysis in the computer aided design software. The sheet metal base material is the ANSI32 Steel. In the design software, it is designed with the thickness of 7 mm and it is intended to support a workload of up to 750 N. The constraints were a fixed point added at all the holes and at the bottom surface of the sheet metal base. A number of iterations were made for the 750N loading force across the base plate to run the simulation. For optimization, the aim was to minimize the mass of the base plate. The design parameters were Von Mises, factor of safety and displacement. The variables were the slots’ width and material thickness along the mid-surface of the sheet metal. The mass was reduced by more than thirty per cent overall.
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The Impact of Sales Promotion, User Interface and User Experience Design on Shopee App Users' Repurchase Intentions
90-104Views:995By 2022, Gen Z and millennial consumers dominated Shopee usage in Indonesia. Similar e-commerce platforms are forced to constantly innovate to remain competitive in the market due to increasing competition. Therefore, the primary focus of e-commerce platform development should be on the user interface, user experience design, and promotions that are appealing and easy to access so that potential customers are inclined to repurchase. This research aims to determine the influence of UI design, UX design, and promotions on the repurchase intention of users of the Shopee application. The sampling method used was systematic sampling. Ninety-six respondents are included in the sample. This study uses descriptive analysis, classical assumption tests, multiple linear regression, and hypothesis testing for data analysis. SPSS Statistics 28.0 was used for data processing. The study found that user interface design, user experience design, and sales promotions statistically impact the repurchase intention of users of the Shopee application. The results demonstrate the effectiveness of repurchase intent in e-commerce.
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Utilization of 3D Printing in Replacement of Basic Plastic Workpieces
274-282Views:185In the experiment, a 3D printed cogwheel is made using the FDM technology to replace a broken part in a sewing machine. The aim of the project is to examine if a 3D model can be created and manufactured using only entry-level technical knowledge and tools. By the end of the article, it will be apparent that creating functioning plastic parts with a hobby 3D printer and basic CAD experience is very much possible.
