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
This case analysis, Competing technology options and stakeholder interests for tracking freight railcars in Indian Railways will focus on alternative analysis on multiple types of technological options for undertaking a pilot project based on time-tested
In the literary work Brave New World by Aldous Huxley, both negative and positive impacts of exile are evident. The exile of John the Savage had been from birth, as he was born outside of his rightful “home,” the futuristic society.When John returned home, the effects of his exile were clearly negative, but the learned reader can also understand why his exile may have been the “potent” and “enriching” experience Edward Said suggested.
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
(a) Why did CSX make a two-tiered offer? What effect does this structure have on the transaction?
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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
In our experiment the question we were trying to answer was “Does a physical change, change the mass of an object”. This means that when you take a tablet or clay and you crush it or alter the shape of it and it does not weigh the same after then the weight of the object did change and that would answer your question. When a physical change occurs it is not forming a new object it is just changing the way it looks or changing a solid to a liquid such as ice melting. During our experiment we took our two objects( ice and clay) and weighed them to get the initial weight before anything happened to them. The starting weight of the clay was 7g and the starting weight of the ice was 20g. After we weighed them we set the ice to the side
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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.
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.
Credit Accumulation & Transfer Scheme (CATS) – Undergraduate – Degree in Business & Management Studies
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