Case Study Analysis: Indian Railways
The case study on Indian Railways (IR) procurement practices by Nag (2013) is one of the most comprehensive case studies ever illustrated based on IR techniques. Furthermore, the case study clearly represented various aspects of the IR procurement management with clearly distinguishing sections depicting the humongous IR network of railways; methodologies used in procurement practices for vendor selection; controlling and regulation practices related to procurement; competition between the suppliers; and ethics and accountability factors of IR individuals. Subsequently, each of these procurement management elements of IR would be summarized with various information and examples within this critical thinking report.
Summary of the Case
IR is one of the largest railroad network, and passenger and freight transport organization in the world. With 1.4 million employees, 7030 railway stations, 103 locomotive shelters, 224 locomotive shops, and 45 maintenance and repair workshops; IR is the largest real estate owner and contributes 1.2% of the India’s Gross Domestic Product (GDP) (Nag, 2013, p. 1). Therefore, to regulate this huge network of railway systems and billions of Rupees spent every year on procurement of items related to daily operations, maintenance and repairs, IR needs phenomenal, methodical and competent procurement management practices.
Methodology of Source Selection
The first and foremost critical process in procurement
(a) Why did CSX make a two-tiered offer? What effect does this structure have on the transaction?
First, the top solution is not to enter into a single source procurement situation in the first place. It is very important for the public procurement there is no charge of corruption can be levied at either party, government or organization should rigorously review their purchasing strategies to ensure that this does not happen.
This paper includes a description of the procurement planning process. The most valuable output of the plan procurement process will be identified. Furthermore, the various contract types will be explained. A source criterion that would be applicable to any project will be described and three criteria that would apply to most projects will be identified. An analysis of the ethical
Shirish C Srivastava, Sharat S Mathur, Thompson SH Teo (2009). Journal of Information Technology. Competing technology options and stakeholder interests for tracking freight railcars in Indian Railways.
Procurement is a collaborative work between the supplier and the client of the products or services being supplied. This report will take some critical anlysis of article findings such as Razavi et al. (2016) argued that supply chain relationship is built on trust, communication, interdependence, and cooperation between the involved parties. The authors have used a model of Structural Equation Modelling to explain the relationship between the supplier and the customer. Amemba et al. (2013) sought to explore how public institutions and especially the government can be affected by the challenges inherent in their procurement practices. Among the challenges identified by the researchers include ICT adoption, complex procurement process, and ethics and supply relationship
During the 1990’s the Carrier Corporation was working on a highly innovative new global chiller under 300 kW, called Aquasnap. The new design would integrate a Hydronic Kit inside the chiller, all previous versions required installation of the kit outside the chiller. While the new design would cost less, require less installation time, and save floor space, it did raise some concerns. Carrier was becoming deeply invested in the design and was worried if the world was ready for such an innovative product. The following sections answer some of the issues; what should Thierry Jomard’s (lead engineer) decision be, should the hydronic kit be integrated and how does Carrier address future environmental regulations, what are the
Procurement by public entities is guided by primary law principles of transparency, equal treatment and non-discrimination, procurement laws sets up an extensive legal framework regarding the procurement of work, supply and service contracts. There are two main reasons for the use of specific procedures i.e. why contracting authorities do not just negotiate or simply buy from the closest supplier. First, it provides for more public accountability and therefore less cases of corruption practices. Additionally, tendering procedures aim to ensure the best value for money by making it necessary for suppliers to act highly competitive. As a result, market mechanisms will help in facilitating the best possible practices. In situations where market mechanisms are not effective, tender procedures might lose their effectiveness as well. If for example there is lack of competition due to certain complexities or as a result of lower bidder interest, negotiations with just one or two suppliers may be the most efficient manner to handle the process. Therefore, we discuss the inherent advantages and disadvantages of sealed bidding and contracting by negotiation as procedural frameworks for tendering.
Journal of Information Technology (2009) 24, 392–400 & 2009 JIT Palgrave Macmillan All rights reserved 0268-3962/09 palgrave-journals.com/jit/ Teaching Case Competing technology options and stakeholder interests for tracking freight railcars in Indian Railways Shirish C Srivastava1, Sharat S Mathur 2, Thompson SH Teo3 1 Operations Management and Information Technology Department, HEC School of Management, Paris, France; Centre for Railway Information Systems, Indian Railways, New Delhi, India; 3 School of Business, National University of Singapore, Singapore 2 O PY Correspondence: SC Srivastava, Operations Management and Information Technology Department, HEC School of Management, Paris, ´ 1 Rue de la
The topic selected is (Strategic Procurement & Supply Chain Management). For this study, we have selected Toyota Motor Corporations as our company of choice. Toyota is without doubt the best in the world, with its many philosophies and principles on how to make the best out of the least; JIT, lean production and elimination of waste and the desire for continuous improvement are just a few ways how Toyota has become the best in the auto industry. Toyota as a name, a company, and as a brand has become synonymous with Quality.
Procurement intends to explore supply market opportunities and to implement resourcing strategies that deliver the best possible supply outcome to the organization, its stakeholders and clients (Kidd, 2005). Therefore, construction procurement exists to purchase a construction project as requirement of firms or organizational entities to achieve its goals. However, the choice to use external resources is the part of firms’ decision-making
Abstract- Tata Group, was founded by Jamsetji Tata in 1868 this group is India’s most respected institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has risen to be one of the best in India.
Generally speaking, the legal system didn¡¦t play a very active role in this case. First of all, the India government could do more on digging the truth of the gas leak out and set a more strict standard to regulate such dangerous
Credit Accumulation & Transfer Scheme (CATS) – Undergraduate – Degree in Business & Management Studies
Companies over the last decade, has recognized that their survival to a lesser or greater extent, depends either entirely or partially to appropriate information system. It is established, based on lesson learned from both failed and successful organizations, that an information system strategy are to support or aligned with, business strategy. Similarly the business strategy can influences the choice of Information System used in the organization. A business strategy entails futuristic organizational planning that result in companies gaining competitive advantage. It is direct linked to supporting area such as marketing, procurement, and information system. The case of Comair airline, even after acquisition by Delta
An efficient planning document is essential for Indian Railways for the economic health of the country. Indian Railways connects the different parts of the country together. Railways are the main approach of communication for citizens. Indian railways adopted information system in early 1960s. However, IR have been operating two types of information systems such as Online Reservation system, which deals with providing customer service and accommodation to passengers, and Freight Operating system deals with maintenance of the fuel, energy efficiency and human resource development.