Department of Management

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Now showing 1 - 10 of 28
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    Technological feasibility and circular economy in industry 5.0: a case for the 6R framework
    (IEEE, 2025-07) Matai, Rajesh
    The transition to Industry 5.0 necessitates integrating sustainability into industrial practices, emphasizing human-centric and intelligent technologies. This study evaluates the 6R components (Reduce, Reuse, Recycle, Recover, Remanufacturing, Repair) using the TOPSIS method, considering four impacting factors: Technological Feasibility, Economic Viability, Social Implications, and Environmental Impact. Two scenarios were analyzed: equal weights for all factors and a scenario prioritizing Technological Feasibility. Results highlight Reduce as the most critical component across scenarios, while Recover consistently ranks lowest. The findings underscore the alignment of Reduce, Reuse, and Recycle with Industry 5.0 advancements and highlight areas for improving Recover. This study offers actionable insights for policymakers and industry stakeholders to enhance circular economy practices in the Industry 5.0 era.
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    Identifying factors determining the quality of mango: a design of experiments assessment
    (Emerald, 2023-08) Matai, Rajesh
    Due to the recent disruptions caused by COVID-19, global supply chains are stress tested. The affected supply chains have interfered with market tonnage prices for the yield of perishable products like mangoes that are highly dependent on their quality. This research, through empirical findings, thus determines and comprehends the factors influencing mango quality (size).
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    A unique discrete formulation for unequal area dynamic facility layout problem
    (IEEE, 2023) Matai, Rajesh
    The term “Unequal-areas Dynamic Facility Layout Problem” relates to the problem of arranging departments with different areas so that they do not overlap while minimizing the overall cost of material handling and rearrangement. The material flow between departments differs over the planning horizon in the Dynamic Facility Layout Problem (DFLP). When the flow varies over time, the facility layout needs to be changed since alterations to the material flow from the existing architecture might result in higher material handling costs. DFLP's objective is to minimize the total material handling and rearrangement costs. The work in this paper gives a unique discrete formulation for the Unequal Area Dynamic Facility Layout Problem (UA-DFLP) for departments with different sizes. Currently, there are only continuous versions of UA-DFLP in the literature. In the past, no expert has tried to develop a discrete formulation for UA-DFLP. The current novel formulation for UA-DFLP includes weighted fitness cost in the objective function and the usual material handling and rearrangement costs, making it a multi-objective formulation. The main advantage of the proposed discrete formulation is that department dimension measurement is not required, saving the decision-makers time and effort.
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    A literature review on cloud computing adoption in the Indian SME manufacturing sector and the future agenda
    (IEEE, 2023) Matai, Rajesh
    Cloud computing is a promising new standard for delivering computing services. Cloud computing delivery is gaining more popularity in the era of Industry 4.0. In emerging countries like India, cloud-computing adoption is still nascent. India's small and medium-scale enterprises (SME) sector contributes a significant portion to the Indian GDP at 8%, and the total manufacturing output of 45% is further strengthened by employing more than 80 million persons, which is only next to agriculture. Various studies have been conducted on cloud adoption in large organisations, and few studies are in the field of SMEs worldwide. However, very few studies, almost none, have identified the problems of SMEs in the Indian context. This literature review has identified and summarised the issues of Indian SMEs. This study also strives to review articles published in Cloud computing and SMEs worldwide and examine the factors influencing cloud computing adoption in SMEs in the Indian Context, where one fits size theory will not work due to the uniqueness of Country specific.
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    Measuring the impact of information and communication technology investment on the profitability of Indian manufacturing MSME
    (Emerald, 2024-03) Matai, Rajesh
    This study aims to investigate the impact of information and communication technology (ICT) investment on the micro, small and medium enterprises (MSME) profitability in the Indian context.
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    Circular economy strategies in the automotive industry: fostering social innovation for sustainable mobility
    (IEEE, 2024) Matai, Rajesh
    This study explores the relationship between "Fostering Social Innovation for Sustainable Mobility" and "Circular Economy Strategies in the Automotive Industry." Using the Technique for Order of Preference by Similarity to the Ideal Solution (TOPSIS) method, the research assesses literature supported by eight strategy alternatives in the automotive industry. Battery Recycling & Reuse Programs emerge as a top significant strategy in the analysis, which rates the strategy alternatives and highlights the significance of circular behaviors in waste reduction. The findings also emphasize the importance of supporting socioeconomic inclusion in sustainable mobility programs. The results highlight the necessity to integrate social innovation and environmental sustainability in a balanced way to bring about transformative change in the automobile sector.
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    Application of computational intelligence techniques for business performance improvement-a case of indian auto industry
    (IEEE, 2024-07) Matai, Rajesh
    There is a drastic reduction in registered firms in the Indian auto industry. The variation in profitability levels among the firms from different tiers of the Indian auto industry is also huge. The context in which the firms operate, as well as the issues they face, differ. The business performance of the firms is a big question. A few fundamental questions about performance enablers per firm tier and their interaction effects on reaching desired profitability have mostly gone unanswered. Based on the eight-year secondary data (2012–2019), the authors selected vital factors contributing to profitability and tested their influence on three sample firms representing different tiers using computational intelligence capabilities. Our research helped identify specific contributory factors per tier and develop the optimal combination of interaction effects among the contributory factors to achieve the desired profitability levels. No such studies exist in the literature. These studies give firms in the Indian auto industry the confidence and direction to concentrate on the critical input variable combinations and their operating levels to achieve their organizational goals and ensure business sustenance
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    Benefits of a collaborative liquidity management approach: a simulation study for the Indian auto value chain
    (Emerald, 2024-11) Matai, Rajesh
    Liquidity is a primary concern for businesses. The purpose of this study is to understand the impact of the collaborative liquidity management within the supply chain. Larger firms prescribe favorable trade terms in the transactions and do not engage in value chain vision sharing with their smaller counterparts. Smaller firms encounter challenges with liquidity and often face the risk of bankruptcy. Such practice can threaten the entire supply chain. Instead, collaborative liquidity management can offer a win–win scenario to both parties. In that case, what are the benefits of implementing a collaborative liquidity management approach across the value chain, and what is the reward?
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    A Non-greedy Local Search Heuristic for Facility Layout Problem
    (Springer, 2011) Matai, Rajesh
    This paper proposes a non-greedy local search heuristic for solving facility layout problem. The proposed heuristic works on non-greedy systematic pair wise exchange of two facilities, that is 2-exchange local search based on non-greedy strategy. Pair wise exchanges are accepted if the objective function value after the exchange is lowered or smaller than the average objective function increment divided by an intensity factor. Proposed heuristic is tested on commonly used Nugxx series problems and computational results show efficiency and effectiveness of proposed heuristic.
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    Solving multi objective facility layout problem using robust tabu search
    (IABE, 2014) Matai, Rajesh
    In this paper a robust tabu search based approach has been presented for solving multi objective facility layout problem. It can incorporate more than two objectives that may be qualitative or quantitative in nature. Computational results show superiority of proposed tabu search for solving multi objective facility layout problem, than other algorithms available in literature.