Patil R.,Indian Institute of Technology Bombay |
Avittathur B.,IIM Calcutta |
Shah J.,IIM Bangalore
International Journal of Production Economics | Year: 2010
Firms that sell very short life cycle products often receive quantity discounts from their suppliers and transporters for placing larger orders. Practitioners and researchers have begun to recognize the need to decide the end of the season markdowns by studying the sales pattern. The use of these options can affect supply chain mismatch risks and costs. In this paper, we study the impact of quantity discounts and transportation cost structures on procurement, shipment and clearance pricing decisions through a stochastic programming with recourse formulation. We propose a solution procedure that efficiently solves this stochastic non-linear problem. Our computational experiments suggest that it is not always necessary to select the most complex action plan. Under some business environments, the conventional strategy of placing and transporting a single large order is a better option. We then identify situations where options such as markdowns and the use of quick response suppliers could be useful. © 2010 Elsevier B.V.All rights reserved.
News Article | February 17, 2017
Rajesh BLN is hired as Chief Sales Officer, Anand Krishnamurthy has been brought in as Chief Operating Officer to partner with Karthik Raman, Chief Innovation Officer 17/Feb/2017 Bengaluru, India – Vayana has been implementing a series of strategic actions to position SolutionNET (a business unit of Vayana) as an innovator in OmniChannel Banking Solutions. Vayana embarked on a three-pronged strategy of Innovation, Sales and Operational Excellence as a foundation for persistent growth. As part of this strategy, a year ago, Rajesh BLN was hired as Chief Sales Officer and more recently Anand Krishnamurthy was brought in as Chief Operating Officer to partner with Karthik Raman, Chief Innovation Officer in pursuit of the company’s goals. CEO Kannan Ramasamy said the appointments mark a significant milestone for Vayana’s SolutionNET business. “Given the high expectations of the markets and the significant growth opportunities available to the company, I am excited to have Karthik, Rajesh and Anand leading us into the future. These are top notch professionals with over two decades of exceptional track record.” he said. Anand who joined as COO has over 21 years of Banking & Systems experience. He was most recently Senior Vice President, Head - Cash Management, EMEA & APAC and Head - Global Product Delivery. During his 7-year tenure at FundTech, the business realized a 5-fold growth. He has an MBA degree from IIM Bangalore. Anand while talking about his appointment as COO said “There is an incredible opportunity to build on the history and drive operational alignment with our client organizations. I am excited to take on this role and look forward to partnering with my colleagues in senior leadership team to accelerate the strategic actions outlined for enabling the next phase of innovation with operational excellence for great customer outcomes.” Karthik, a SolutionNET and Channel veteran is excited about his new role as CIO. “We have been helping banks in their digital transformation journey for more than a decade. And in my new role, I look forward to bringing my passion for technology and creativity in partnering with our clients to grow their business with exceptional customer experience”. In the context of his responsibility to grow the Business Rajesh said “With the significant increase in Sales & Marketing, we have seen an uptick in our business and market visibility – this will be further expanded going into 2017. I am excited to be collaborating with Karthik and Anand to enter new markets, bring in new customers into our business.” About Vayana Vayana is a niche player in providing Omnichannel Solutions for the Banking and Financial Services industry. Vayana with its flagship “SolutionNET – Channel Re-imagined” Platform, offers innovative channel solutions that enable Banks (Retail, Corporate & SME) and Financial Institutions to engage with its customers and deliver omnichannel customer experience. Vayana products are built with the focus on enabling our clients to grow their revenues and improve financial performance while enriching their customer’s experience. Know more about Vayana at www.vayana.in/solutionnet For further information, please contact: Vijai Christopher Dhas Head of Marketing - SolutionNET, Vayana +91 80 41228093 email@example.com
Chandwani R.,IIM Ahmedabad |
De R.,IIM Bangalore
Electronic Journal of Information Systems in Developing Countries | Year: 2015
It is argued that ICT-for-development interventions should be seen as a dynamic and hybrid network of actors, artefacts, communities, and institutions embedded within the context. Comprehensive understanding of contextual nuances in ICT4D research is thus, an important determinant of quality of research. Scholars have emphasized that qualitative research is opportune in uncovering unique insights and comprehension in a poorly understood and hitherto unexplored arena such as ICT4D interventions in developing countries. While 'data' in most of the qualitative research refers to 'words or textual data', the advancements in the mobile technology, especially incorporation of compact cameras in the mobile phones, and increasing penetration of mobile phones allow researchers to easily capture multimedia data in their field study. We posit that multimedia data, having multiple dimensions as compared to textual data, enhance the capability of the researchers to understand and explore a specific dimension of qualitative research, namely the contextual dimension, enabling the researcher to undertake a more valid or rigorous investigation of the phenomenon as embedded in the context. By explicating the process of analysis of multimedia data- video recordings of doctor-patient interaction over telemedicine, the authors emphasize that multimedia data analysis can considerably enhance the quality of research in the ICTD domain. In doing so, this paper addresses two important issues related to the methodological issues in qualitative analysis of multimedia data: (1) when and why should the researcher consider collecting multimedia data as opposed to textual data and (2) how should the researcher proceed in analyzing the multimedia data.
Tiwari D.,IIM Bangalore |
Patil R.,Indian Institute of Technology Bombay |
Shah J.,IIM Bangalore
Operations Research Letters | Year: 2011
In this paper, we derive an optimal ordering policy for an unreliable newsboy who can place two sequential orders before the start of a single selling season by using a demand forecast update. Supply yield is modeled using a uniform distribution considering both the minimum order guarantee and the maximum yield. Our results indicate that a firm should focus on increasing the minimum order guarantee from a first stage supplier to reduce its total supply chain cost. © 2011 Elsevier B.V. All rights reserved.
Bandi R.K.,IIM Bangalore |
Bose A.,IIM Bangalore |
Saxena A.,IIM Bangalore
SIGMIS-CPR 2015 - Proceedings of the 2015 ACM SIGMIS Conference on Computers and People Research | Year: 2015
The effect of global warming on our environment has shifted the focus to green technologies worldwide. Subsequently, multiple research studies have attempted to assess awareness around the concept of 'Green IT' in different countries. This study explored Green IT awareness, adoption and practice of Green IT among the Indian students' at leading universities and colleges. This study also explored the willingness of Indian students to pay for Green IT. Descriptive statistics, independent-samples t-test and Factor analysis were used to analyze the data. Findings suggest that Indian students are adequately aware of the terms related to Green IT and the specific reasons for its adoption. Moreover, results suggest that Indian students follow Green IT practices; largely dominated by those practices which promote 'reducing paper consumption'. However, there exist a significant percentage of Indian students who are willing to adopt Green IT, but the relatively higher cost of adoption seems to be an inhibitor. Copyright is held by the author/owner(s).