Independent Journal of Management & Production
Not a member yet
971 research outputs found
Sort by
Blockchain-enabled capabilities in transport operations: an overview of the literature
Get PDFThe blockchain was initially developed for use in the banking sector. However, over time, different areas of knowledge have adopted these technologies, including transportation operations. This use of blockchain in the transport sector is mainly due to the ability of this technology to enable the data generated by these activities to be reliable. In addition to aspects related to data immutability, blockchain enables greater data privacy, as well as making it possible for the data control process to be decentralized. In this sense, it was carried out a systematic literature review (RSL) to identify the general publications panorama on the topic, and to identify the capabilities enabled by the blockchain in the context of transportation operations. RSL has great potential to make it possible to deepen the literature on a given topic. The analysis of the RSL results included the realization of two stages. The first step consisted of a quantitative analysis of data from a sample of 50 articles, to identify this research field about the distribution by journal, year, and author. This first step enabled a general analysis of the field of study on the use of blockchain in transportation. The second stage consisted of a qualitative analysis of the ten most relevant articles in this field of study. In this way, it was possible to understand more about the use of blockchain in transport operations, as well as to identify seven capabilities enabled by the blockchain. These capabilities represent abilities that blockchain technology allows the transport sector today, demonstrating the importance of its use, as well as of study
Application of lean management tools in industry 4.0: a systematic review
Get PDFThe concept of Industry 4.0 is very recent and has not been fully consolidated, and, for this reason, comprehensive implementations by the industrial sector may not be prudent. Studies show that only fundamentals of Industry 4.0 do not guarantee characteristics such as quality, for example, in production processes. Thus, lean production concepts are probably being used together to cover deficiencies in Industry 4.0. In this work, a literature review is proposed that points out where lean production tools are being used in the production processes of Industry 4.0. Using the results of this search, an analysis of the most important lean production tools, which appear in the works, has been made. The analysis has shown what is being used, in terms of the lean tools, in the production processes of Industry 4.0, and what improvements are provided from these tools
Impact of seasonality on the inbound and outbound freight of a global fertilizer company
Get PDFThe growing importance of agriculture in the Brazilian economy makes it essential that agricultural companies seek to increase their logistics competitiveness. This study aimed to compare and analyze the impact of seasonality of grain harvest and specific events, such as the 2018 Brazil truck drivers’ strike, on the prices of inbound and outbound freight in a multinational company located in several Brazilian states. It focused on the CIF (Cost, Insurance, and Freight) routes of the company between 2015 and 2019 in Brazil, and the relationship between time of year and cost of transportation. These data were analyzed in a descriptive level after being treated by statistical analysis. This study showed that the costs of outbound freight suffered greater increases compared to the inbound freight due to the seasonality of grain harvest and the 2018 Brazil truck drivers’ strike
Modeling of Microbiological and Biochemical Processes under the Conditions of Steam Contact Sterilization in Containers of Turkey Meat Pate
Get PDFThe article proposes modes of sterilization of meat pate from turkey meat, which was determined by the method in which the actual lethality Ff relative to the microflora should be equal to or exceed the required lethality of the sterilization process Fn (Ff ≥ Fn) canned turkey pate. The results of the study of the dependence of the kinetics of biochemical reactions on the thermal, chemical and mechanical sensitivity of the processed product, on pressure, temperature and chemical potential are presented. One of the effective ways to intensify the heat transfer process is the contact heating of the product by means of steam supply, which has a technological effect on the processed products. When comparing the results of the simulated results with experimental data, it is established that the solution of the problem of calculating the temperature field of the product on a computer gives quite satisfactory results between the calculated and experimental data. It is established that as a modification for the processed products it is necessary to solve thermohydromechanical equations with the corresponding initial and boundary conditions in addition to the transfer equation for each scalar quantity
Efficiency of capital formation of utility enterprises: the case of Ukraine
Get PDFThe paper aims to analyze the approaches to capital formation of Ukrainian utility enterprises, identify their impact on the financial results of entities and formulate recommendations to ensure the efficiency of utility enterprises. The methodological basis of the study is comparative analysis, theoretical studies, statistical information, analytical data prepared by governmental and non-governmental bodies, the best practices. In the course of the research were collected and processed empirical data of 30 utility enterprises from 11 regions of Ukraine with different economic, demographic, climatic and administrative conditions. The conducted research confirms that the capital invested in the municipal enterprises does not increase their efficiency. Funding from a municipal budget without disclosure of the criteria for providing such resources does not enlarge the profitability of utility enterprises and often used to cover their losses, which lead to capital disruption. In order to increase the efficiency of utility enterprises and the fair distribution of municipal budget funds it was proposed to introduce the disclosure of additional information about capital formation; to strengthen the managers’ responsibility for the quality of publishing information with the introduction of special KPIs; and to conduct financial and performance audit, including in terms of capital formation
Problem-based Learning in Pedagogic Tertiary Education: European Context Through Denmark Environment
Get PDFNowadays every European knowledge-based society demands a highly qualified, competent workforce being able to adjust to modern innovative production. To educate such specialists is the aim of contemporary teachers. So efficient and innovative pedagogic education becomes an integral part of the European education system. The article deals with the analysis of problem-based technology in the modern system of Danish teacher training in pedagogical higher educational institutions. Analyzing works of European scientists and problem-based model of teacher education in Denmark, working with university and college programs and documents we came to the conclusion that principles of problem-based technology in professional teacher training are similar in the whole European educational environment and in general they may be described as an approach to learning and instruction that has the following characteristics: 1) the use of problems as the starting point for learning, 2) small-group collaboration, 3) flexible guidance of a tutor, 4) student-initiated learning, 5) time availability for self-study. The findings imply that well-designed problem-based learning may lead to better educational results. Multiple sources in Ukrainian, European, and Danish educational environments at various time points from 1990 till 2020 have been used in data collection for this study. Pedagogic education in Ukraine requires a substantial adjustment at the legislative, structural, and technological levels. European experience in this sphere of teacher education modernization can become a valuable asset of the comparative pedagogic science. This practice will lead to effective technological change in teacher professional training in Ukraine
Management Report as a Component of Nonfinancial Reporting in Ukraine: Theory and Practice of Drafting
Get PDFThe article covers the issue of compiling the Management Report. The need to implement a management report in Ukraine is caused by the processes of implementation of the European Union legislation on accounting in the national regulatory framework. The purpose of this report is to complement the annual financial statements with the necessary information, which should contain a reliable overview of development, activities and condition, as well as a description of the main risks and uncertainties in the work of an enterprise. This paper reviews the legislative framework for the preparation and publication of the Management Report and analyzes the Management Reports of domestic enterprises for compliance with regulatory requirements and the quality of these indicators. It has been defined that the lack of common normatively approved qualitative issues of the report and requirements for it are the significant problems. The format, scope, structure and accuracy of the information are determined at the discretion of an enterprise. The contained performance measures of enterprises significantly differ from each other and are not always given in comparison with the similar measures for the previous periods. Such presentation of data causes poor and uninformative reports. The results of the study prove that the Management Report should be based on the following principles: reliability and completeness, materiality, conciseness, integrity and comprehensibility; comparability of indicators. It is necessary to apply a risk-oriented approach and adhere the logic of presenting information with the elements of its visualization for its preparation. The study is based on the requirements of Directives 2013/34 / EU and 2014/95 / EU, the Law of Ukraine On Accounting and Financial Reporting in Ukraine, Methodological recommendations for the preparation of a management report, as well as empirical data obtained in the analysis of reports on management of Ukrainian enterprises
Content Strategy in Management of Communications
Get PDFThe aim of the article is to substantiate the theoretical and methodological support for the formation and implementation of the content strategy of a construction company. The article considers the formation of content strategy, its place in the management of communications of the enterprise. The following methods were used in the course of the research: the method of statistical analysis (for the analysis of the tendency of the real estate market development of Ukraine); analysis, synthesis, logical and theoretical generalization – to specify the factors of supply and demand in the real estate market; graphical method, table method (to visualize the results of the study); method of calculating specific indicators of communicative activity (CPC (Cost Per Click), CPA (Cost Per Action), CTR (Click Through Rate)) for analysing trends in traffic to the company's website and identifying alternative sources of traffic. The specifics of developing a content strategy taking into account the peculiarities of the company's construction industry are shown. An analysis of trends in the real estate market of Ukraine is carried out based on official statistics. The dynamics of the volume of construction works is analysed, the housing price indices in Ukraine are determined and the factors of supply and demand in the real estate market are specified. The analysis of communicative efficiency of the web-system of the construction company is carried out, as a result of which, measures for improvement of management of its external communications by substantiation of variants of advancement on the Internet are developed. This is done by analysing trends in traffic to the company's website and identifying alternative sources of traffic. The developed measures will increase the efficiency of management of the construction company. The article proposed a procedure for analysing the web-system of a construction company based on attendance indicators and search activity, which allows identifying alternative sources of traffic and developing appropriate measures to manage communications of the enterprise in order to achieve their efficiency. The practical significance lies in the fact that the developed recommendations for the formation of the communication strategy of the construction company can be further used to intensify the promotion of the company's services in the real estate market and attract investment
CEOS’ influences on the stock performance on companies
Get PDFInvestors are not concerned with subjective internal measures, employees’ satisfaction or internal policies regarding the CEO’s evaluation and their compensation. For the investor, the most important aspect is the return of their investment. This paper focuses filling the gap left generically and quantitatively in evaluating the CEOSs influence on the stock performance on their companies during their management. The measurement of the CEOSs influence on the stock performance of the most important North American companies is this paper’s proposal. Assuming an efficient market and observing these companies’ stock performance during a specific period, it is possible to know with accuracy what these institutions created during the same period, as well as, expectation changes on their future profits. In this study, it was used some statistical tests described along the paper. This study demonstrated that, completely assume that the CEOSs of the main American companies were a determinant factor in the success of these corporations is a widely committed mistake
The effect of corporate governance and financial leverage on efficiency of Pakistan textile sector
Get PDFThis research observes the effect of corporate governance and financial leverage on the efficiency of listed companies in Pakistan. The variables return on assets and return on equity are chosen as the firm’s efficiency of the textile sector for this research. Measures of corporate governance used are board size, director’s remuneration, and Audit committee members, whereas financial leverage is used as a control variable. The data of corporate governance, financial leverage, and efficiency variable are composed of annual reports of the top ten listed textile companies from Karachi stock exchange. The research consists of the period from 2012 to 2017. Panel data is used to examine four hypotheses and to test the significance of corporate governance and financial leverage on a firm's performance the OLS regression models are applied. The finding of this study revealed that board size, audit committee, director's remuneration is positively correlated with a firm's performance ROA and ROE, and conversely, financial leverage is negatively correlated with a firm's performance. Overall regression result of this study discovered that the audit committee members and financial leverage are statistically insignificant, whereas board size and director’s remuneration are statistically positive significant. This concludes that there is no significant association between corporate governance and firm’s performance as well as financial leverage with the firm's performance. The sample size of this study was small and this research is limited to the textile sector of Pakistan. Future researchers may have included more determinants of corporate governance such as women on board, board meeting, family ownership structure, etc