Journal of International Business Operations and Trade Policy

Authors: Dr. K. Bhanu Prakash, Mr. P. Siva Reddy

Abstract: As headwinds from the Global Financial Crisis (2008-09), followed by the European Sovereign Debt Crisis (2010-12) and the Global Commodity Price Realignments (2014–16) subside, the Cyclical Upswings in Global Output have grown by 3.7 percent in 2017 which is half per cent higher than in 2016. (IMF, Jan, 2018).The Global Economies experienced 3.0 per cent Economic Growth in 2017, a significant acceleration compared to growth of just 2.4 per cent in 2016, and the highest rateof global growth recorded since 2011. Labour market indicators continue to improve in twothirds of countries worldwide in 2017 and remain steady at 3.0 per cent in 2018 and 2019. Yet, Weak growth in Per Capita Income poses setbacks to sustainable development targets across countries and regions. The Investment Rebound is amid of low Financial Volatility and Financing Costs, reduced fragilities in Banking Sector, rising levels of NPAs.(UN World Economic Situation Report, 2018). Indian Economy is also on the path of Economic Prosperity and GDP Growth is picking up and expected to grow at 7 percent, its fastest pace in the Oct-Dec Quarter after disruptions from a shock ban on high-value currency notes in Nov, 2016 and the chaotic launch of a GST in July are fading (The Hindu, 27th Feb, 2018).The revival for survival from recession is termed as ‘Economic Prosperity’ and the creeping of Economic Depression around the Global Economies is termed as ‘Global Meltdown’ (IMF). The crash of Stock, FX ,CX and Bond Markets, volatility in Stock Prices and Returns, the rise of Non-Performing Loans of FIs impacts Investment Climate and finally Household Savings and Consumption per se. While acknowledging the persisting cyclical and long-term risks and challenges, the paper addresses dimensions of meltdown and offer suggestions on ‘Economic Prosperity’ and ‘Sustainable Economic Development’ in long-run

Authors: Mithula G, Dr.Jaisankar.S

Abstract: Many business organizations have started incorporating methodologies of resource wastage minimization, concentration on added value tasks and permanent quality improvement through the use of kaizen philosophy. The concept behind the Kaizen philosophy relies on the distinction between value adding and non value adding activities, and then the focus on improving the productivity level of some problematic work areas with low value adding activities via a series of incremental steps. This study identifies problems in all departments and develop KAIZEN report which includes suggestions for the problems.

Authors: Narmadha S, Dr. Jaisankar .S

Abstract: Objective of the project is to identify the reasons for less production in the assembly line of R75 (Roots75). R75 is the horn manufactured in Roots Industries Private Limited which is used for Harley Davidson and Nissan. Dimension of the horn in 75mm. Project deals with to find solutions to improve its productivity in the assembly line through work line measurement and line balancing. Kaizen, ergonomics plays a vital role in proposing ideas for productivity improvement in the assembly line of R75. Roots 75 (R75) is a horn type manufactured in Roots Industries which is exclusively used for Nissan and Harley Davidson. The diameter of the horn is 75mm and consumes 12v power.

Authors:-M. Prem Kumar^, Dr. B.Poongodi

Abstract:-Coffee is one of the most widely consumed beverages in India – over 35% of Indians claim to drink it regularly, a significant number of them consumes it at least once a day and as many as 16% have a few cups of coffee every day. In India, coffee is one of the most important products placed in the shopping trolley. This results in increased competition on the market, as well as an increasingly extensive product offer. This, in turn, means that the consumer is often spoilt for choice when choosing one product from among the many available on the market. The final decision as to the selection is determined by a complex set of factors such as the quality of the product, its brand, convenience and the method of preparation, as well as the price. The main aim of this research is to study the perception of the consumers in select coffee brands. For this purpose, with the help of convenient sampling method 120 respondents were selected and data were collected through structured questionnaire. It is found that most the consumers were choosing their brands with health and taste consciousness.

Authors:- Mukesh P, Dr. S. Jaisankar

Abstract:-This study addresses the implementation of lean tool Kaizen in an electrical vehicles (EV) manufacturing company Ampere Vehicles Private Ltd., with a focus on process and quality improvement. The primary objective of this study is to understanding the distinction between value adding and nonvalue adding activities and then focus on improving the productivity level of some of the most problematic work areas with minimized non-value adding activities. By eliminating several non-value added activities at different stages of assembly line, quality and productivity is increased. Also the standard operating procedure in stages is suggested. The company is currently facing with the problem of increased lead time and high change over time. In order to solve the problem, selected Kaizen as a main process improvement tool. This implementation is focuses on reducing the change over time between one batch to another by mean of which the productivity of organization will be improved. This also includes adopting appropriate techniques to minimise the Cost of poor quality because of defects in raw material and reworks in assembled vehicle.

Authors: Navaneethan S, Dr.Jaisankar.S

Abstract: In production system of the automobiles industries, different components of products are assembled on the final assembly lines. The duration time of the process, number of workstation operates, and the operator’s ability influence the productivity of manufacturing process. Hence, to manage or compete with other manufacturing companies and factories, most of them trying to maintain or improve their productivity. This research describes the improvement activities of the Electric Indoor Mobility Vehicle (EIMV) by productivity improvement tools. The analysis were made using the methodology –DMAIC The cause and effect diagram, Flow process chart, Layout analysis using spaghetti diagram, From to chart and Value Stream Mapping (VSM). This study proposed to improve the productivity which the main aim is to reduce the number of non-value added activities in the workstation and improved the productivity of the EIMV followed by suggesting the improvement way to achieved excellent result in the production.

Author: Priyanka S

Abstract: The objective of the study was to identify the non-value added activities present in the organization and to increase the productivity. The processes involved were studied in detail and a current state Value Stream Mapping map was obtained. Current state map is prepared, analysed and suggested to improve the operational process. Accordingly the future state map is drawn. The study reveals that there will be an improvement in the productivity by implementing the proposed changes in the future state map.

Author: Dr. C. Vijai

Abstract: Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance sheet problems. In this paper we do a comparative analysis of the two banking crisis episodes-the one in the late 1990s and one that started in the aftermath of the 2008 Global Financial Crisis and is yet to be resolved. We describe the macroeconomic and banking environment preceding the episodes, the degree and nature of the crises and also discuss the policy responses that have been undertaken. We conclude by drawing policy lessons from this discussion and suggest some measures that can be adopted to better deal with a future balance sheet related crisis in the banking sector such that the impact on the real economy is minimal.

Author: Mousumi Mohanty

Abstract: Indian economy had experienced major policy changes in early 1990s. The new economic reform, popularly known as, Liberalization, Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector, trade as well as financial sector aimed at making the economy more efficient. With the onset of reforms to liberalize the Indian economy in July of 1991, a new chapter has dawned for India and her billion plus population. This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy, and its effects over the last decade can hardly be overlooked. Besides, it also marks the advent of the real integration of the Indian economy into the global economy. Now that India is in the process of restructuring her economy, with aspirations of elevating herself from her present desolate position in the world, the need to speed up her economic development is even more imperative. And having witnessed the positive role that Foreign Direct Investment (FDI) has played in the rapid economic growth of most of the Southeast Asian countries and most notably China, India has embarked on an ambitious plan to emulate the successes of her neighbours to the east and is trying to sell herself as a safe and profitable destination for FDI.

Authors: M. Prem Kumar, Dr. B.Poongodi

Abstract: Coffee is one of the most widely consumed beverages in India – over 35% of Indians claim to drink it regularly, a significant number of them consumes it at least once a day and as many as 16% have a few cups of coffee every day. In India, coffee is one of the most important products placed in the shopping trolley. This results in increased competition on the market, as well as an increasingly extensive product offer. This, in turn, means that the consumer is often spoilt for choice when choosing one product from among the many available on the market. The final decision as to the selection is determined by a complex set of factors such as the quality of the product, its brand, convenience and the method of preparation, as well as the price. The main aim of this research is to study the perception of the consumers in select coffee brands. For this purpose, 120 respondents from the city of Salem in South India were approached with the help of a structured questionnaire. It is found that most the consumers were choosing their brands with health and taste consciousness.

Authors: Anupriya M, Dr. R. Vinayaga Sundaram

Abstract: This study is done to increase the productivity by maintaining minimum time level in each process for centrifugal pumps. This paper is all about the study of productivity improvement in coil winding and packaging of centrifugal pumps using work line measurement at Best Engineers Pumps India Pvt Ltd.

Author: R. Suriya

Abstract: The Indian government’s favourable policy regime and robust business environment have ensured that foreign capital keeps flowing into the country. The government has taken many initiatives in recent years such as relaxing foreign direct investment (FDI) norms across sectors such as defence, oil refineries, telecom, power exchanges, and stock exchanges. Apart from being a critical driver of economic growth, FDI is a major source of non-debt financial resource for the economic development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax exemptions. Data for FY2015 indicates that the increase in the FDI inflows was primarily driven by investments in infrastructure and services sector. Within Infrastructure, Oil & Gas, Mining and Telecom witnessed higher FDI inflows. Most recently, the total FDI inflows for the month of September 2015 touched US$ 2.9 billion as compared to US$ 2.5 billion in the same period last year. FDI in India witnessed an increase of 13 per cent and reached US$ 16.63 billion during April-September, 2015 as compared to US$ 14.69 billion in the same period last year.

Authors: Dr. C.S. Chethan Kumar, Mr. Deepak Kumar

Abstract: The aim of this paper is to analyze the criteria for supplier evaluation process, determine the best supplier and review different methods that help to make this decision. The first phase of this project involved the study of the existing system, followed by identification of the problem. It is identified that the present system considers only three criteria for evaluation and the system gives more importance to Quality. This, results in the supplier focusing on only Quality, while ignoring others. Also, there is no distinction between the supplier performances. This project also refers to the work carried out not only by Dickson but also by different authors that progressed in this area. Based on the views of various authors till date, a new list has been developed. This list contains the most important criteria that will lead to a more precise and fair supplier selection process. The supplier evaluation system is redesigned by considering three more criteria after referring to various journals. Four techniques namely Analytical Hierarchic Process (AHP) and Techniques for Order Preference by Similarity to an Ideal Solution (TOPSIS), Fuzzy Analytical Hierarchic Process (FAHP) and Fuzzy Techniques for Order Preference by Similarity to an Ideal Solution (FTOPSIS) were used to evaluate and rate multiple suppliers.

Both qualitative and quantitative factors have been considered in the evaluation process and a clear distinction has been made between suppliers by the use of the four methods. Thus, the problems of the present system were identified and it was proposed that the company could adopt any of the 4 methods that best suits their requirement. The above methodology can be extended to various other decision making problems like project selection, personnel ranking, software selection, company profiling, company location etc.

Authors: Abhishekkumar, AkashRajoriya, Alok Kumar, AbhishekSoni, Amit Sharma 

Abstract: This project is mainly developed for the Account division of a Banking sector to provide better interface of the entire banking transactions. This system is aimed to give a better out look to the user interfaces and to implement all the banking transactions. This service is open only to savings bank customers and not for current account holders. The customer is privileged to use most of the system only as a viewing phase, the only online transactions the customer since the data format is relatively easy and free can do are Check book requisition and fund transfer among his personal accounts. The project has been planned to be having the view of distributed architecture, with centralized storage of the database.

Authors: Sanjeev Kumar, B. Poongodi

Abstract: The current study pertains that the Brand equity of Zuari Cement in Coimbatore region. The factors which are influenced towards Brand equity of Cement with special preference towards the brand Zuari Cement are Brand Association, Brand Awareness, Perceived Quality, and Brand Loyalty. The research is based on Aaker Model. The study is all about the factor which are influenced in various brands of cement in Coimbatore region. Builders, Contractors, engineers, Customers are the target respondents of this research. In this research paper researcher basically focused on the brand awareness and brand preference of Zuari Cement and the influencing parameter for purchasing of Brand Zuari Cement. To analyse all the data, different techniques has been used like Percentage Analysis, one-way ANOVA, chisquare test, Crosstabs, Regression, Correlation and Exploratory factor analysis. For this, SPSS v20.0 software package has been used. It was observed that the brand association between the cement buy and the quality of the cement so the respondent who preferred Zuari Cement says that the quality of the brand is neutral so we improve the quality of the product and create the awareness of the brand. The most of the cement buyers the price of cement and the quality and promotion while visiting to the market buyers not only look for the price but also the personal touch and the Zuari Cement need to improve it.

Author:  J. Renita Andria

Abstract: Asset Liability Management (ALM) involves taking decisions and actions regarding assets and liabilities in an integrated manner in order to manage the business of the entity and meet the organization’s financial objectives. Asset Liability Management helps in managing assets and liabilities of IDBI federal. Risk analyses have been done in this study and analysis is done with the help of secondary data.