0:00:05interesting thing
0:00:15hello i'm a beam how they when i propose a vector in the intro management
0:00:20bangalore
0:00:21i've been here for twenty one years a production in the end of from college
0:00:25of engineering can be and then at the masters an industrial management from item interest
0:00:29and the phd manufacturing system design also tried to address
0:00:35that a few ideas in which i've been working broadly to peel them i would
0:00:39like to mention
0:00:40the first area is a supply chain subway procurement in audio for internet based procurement
0:00:47and things like that
0:00:49the second area is one to do with the so these design how to design
0:00:54so we assess
0:00:55and that already at a it's a ball in changing in wisdom and its application
0:00:59of contemporary issues in management
0:01:02i have an interesting sounds good i was in the sample sensor board i am
0:01:07also addressed in some and jingles doing some social work
0:01:22first of all i would like to talk about the my first area of research
0:01:26which pertains to supply chain management issues particularly in then you know for internet based
0:01:33electronic markets
0:01:36no this database electronic markets
0:01:39have what went up a couple of interesting
0:01:42issues for practise
0:01:45the first issue is
0:01:47you can discover or you and thus across the globe
0:01:51that's one part
0:01:53which is making a difference
0:01:55the second aspect is
0:01:57that is a very efficient to be able a which we can discover price for
0:02:01instance one can conduct that it was option and in about ninety minutes
0:02:05we can locate a very efficient supply is this one part of the story
0:02:10the second aspect
0:02:11which we are going to pretty
0:02:13i is
0:02:14not cell phones are asking portable water supply chain
0:02:19the reason potable water supply chain is customisation where at
0:02:25that is driving organisations
0:02:28so if you put these two things together
0:02:31the way we global making decisions with this but procurement changes
0:02:37and what are those changes
0:02:39the first issue is something heterogeneity increases because two day you can look at this
0:02:44play it in one of the big scantily is what you can look at this
0:02:47played and main mainland europe are indeed right
0:02:51and so they come with different cost structure
0:02:55they come with the different be exposed to them on they combine different investment in
0:03:00capacity so it introduces a huge amount of heterogeneity
0:03:05the second part is for onset increasingly try to use electronic auction mechanisms to discover
0:03:11the price
0:03:12now if you don't need to procure to an electronic auction particularly when you have
0:03:17some players put all that well
0:03:20i think buyers face a couple of very interesting problems
0:03:23the first question they ask
0:03:25is used a plate with unity good
0:03:28if it is good how should i change may procurement practises
0:03:32do a have also players
0:03:34and is to part of procurement audrey have lesser players which type of interrogativity score
0:03:39is the capacity trojan at a cost include unity on demand heterogeneity this is one
0:03:45question
0:03:47bias of ascii
0:03:48the second question is how do set up an auction
0:03:51how to design an option
0:03:53and what it means c is how many supply asr and listed into the auction
0:03:58how to select the suppliers
0:04:00how you select the whole lisa players should be a lot of the contract newsprint
0:04:05the contract equally an equally so there are quite a few questions or for this
0:04:10kind which i think more than attunement forms are engaged with so this research addresses
0:04:18many of these questions
0:04:20so this research has look at all these for the last seventy two years couple
0:04:25of a supplying by nor have been doing this they have been some interesting insights
0:04:29for example we always shown
0:04:31that heterogeneity score
0:04:33and heterogeneity brings drawn prices
0:04:37and it doesn't make sense gently stupidly some players i think there is always a
0:04:41limit beyond which it does not make sense so these kinds of interesting insights
0:04:48are part of this research and this is an ongoing research we are now looking
0:04:52at what would happen if capacity
0:04:56it would unity can influence perhaps the cost include unity and that for you know
0:05:01be combined fashion what could really happen results on the questions we are and saying
0:05:05i think some of coda cells are in agreement with some of the practise is
0:05:10that we see
0:05:11that has been of interest to the buyers