Interrelating operational and financial performance measurements in a multiproduct inventory system

2011 ◽  
Vol 10 (3) ◽  
pp. 328 ◽  
Author(s):  
Margarita Protopappa Sieke ◽  
Ralf W. Seifert
Keyword(s):  
Financial Performance ◽  
Inventory System ◽  
Performance Measurements

Simulation Tool for Inventory Models: SIMIN

2014 ◽  
Vol 3 (4) ◽  
pp. 109-124 ◽  
Author(s):  
Pratiksha Saxen ◽  
Tulsi Kushwaha
Keyword(s):  
Optimization Procedure ◽  
Inventory System ◽  
Total System ◽  
Simulation Tool ◽  
Optimization Strategy ◽  
Performance Measurements ◽  
Inventory Models ◽  
Input Parameters ◽  
Classical Models ◽  
Simulation Results

In this paper, an integrated simulation optimization model for the inventory system is developed. An effective algorithm is developed to evaluate and analyze the back-end stored simulation results. This paper proposes simulation tool SIMIN (Inventory Simulation) to simulate inventory models. SIMIN is a tool which simulates and compares the results of different inventory models. To overcome various practical restrictive assumptions, SIMIN provides values for a number of performance measurements. This tool is programmed in JAVA and is based on analytical approach to guide optimization strategy. Objective of this paper is to provide a user friendly simulation tool which gives optimized inventory model results. Simulation is carried out by providing the required values of input parameters and result is stored in the database for further comparison and study. Result is obtained in terms of the performance measurements of classical models of inventory system. Simulation results are stored in excel file and it also provides graphical results to compare the outcome. This simulation tool is interfaced with an optimization procedure based on classical models of inventory system. With the specified examples, the simulation results are obtained and analyzed rigorously. The result shows that input parameters, total system costs and capacity should be considered in the design of a practical system.

scholarly journals Questioning the context of corporate performance measures in benchmarking CEO compensation

2015 ◽  
Vol 13 (1) ◽  
pp. 945-957 ◽  
Author(s):  
Merwe Oberholzer ◽  
Jaco Barnard
Keyword(s):  
Content Analysis ◽  
Performance Measurement ◽  
Financial Performance ◽  
Special Reference ◽  
Agency Theory ◽  
Performance Measures ◽  
Performance Measurements ◽  
Future Studies ◽  
Ceo Pay ◽  
Financial Performance Measures

The purpose of the study was to reflect on existing practices in studying the CEO pay performance issue, with special reference to the context wherein the financial performance measurements were employed. In total, an in-depth content analysis of 40 published articles was done. Some flaws were identified in prior research, namely some studies only use either market-based or accounting-based measurements, only a single performance measurement, measurements without the context of the subjacent risks, monetary values without substance as performance measurements and without the context of a theory. The contribution of this study is that a framework is developed to guide future studies with regard to the context wherein financial performance measures should be employed and that some theories, additional to the agency theory, were identified that should be tested more frequently in pay performance-related studies.

scholarly journals Measuring the Performance of Jordanian Islamic Banks

2017 ◽  
Vol 7 (1) ◽  
Author(s):  
Yazan Radwan Qasim ◽  
Yazis Mohamad ◽  
Norhazlina Ibrahim
Keyword(s):  
Economic Growth ◽  
Performance Measurement ◽  
Financial Performance ◽  
Banking Sector ◽  
Driving Forces ◽  
Secondary Data ◽  
Measurement Methods ◽  
Measurement Tool ◽  
Islamic Banks ◽  
Performance Measurements

The banking sector is believed to be one of the driving forces of economic growth of many countries. Muslim jurists have realized the need to get the benefit of banking activities that adopts a lawful way with Islamic rule. Jordanian Islamic banks suffer from measure the financial performance using effective measurement tool based on various indicators. The main aim of this research is to analysis and ranks the performance levels of the Jordanian Islamic banks using suitable measurement methods. This study utilizes secondary data to measures the performance of three Jordanian Islamic banks (JIBFI, IIAB, and JDIB) over the period 2010-2013 by integrated tools; FRA, DEA, and MI. The significant results indicate that JDIB recorded the best performance rank based the three measurements tools, followed IIAB, and lowest rank is JIBFI. The contribution of this study is performance measurements of Jordanian Islamic banks based on the combination of FRA, DEA, and MI rather than utilize one measurement tool.Keywords: Jordanian Islamic banks, performance measurement, FRA, DEA, MI.

scholarly journals Pengukuran Kinerja Perbankan Syariah Berbasis Maqashid Syariah Index Bank Syariah di Indonesia : Abdul Majid Najjar Versus Abu Zahrah

2019 ◽  
Vol 6 (02) ◽  
pp. 111-126
Author(s):  
Rudi Setiyobono ◽  
Nurmala Ahmar ◽  
Darmansyah
Keyword(s):  
Financial Performance ◽  
Performance Appraisal ◽  
Secondary Data ◽  
Jel Classification ◽  
Annual Reports ◽  
Islamic Banking ◽  
Performance Measurements ◽  
Financial Reports ◽  
Index Approach ◽  
Quantitative Descriptive

ABSTRACT This study aims to analyze the performance of Islamic Banking (iB) in Indonesia through the maqashid shariah index approach. Performance appraisal on Islamic Banking (iB) is generally done through financial performance measurements without including non-financial performance measurements. This study measures the performance of Islamic Banking (iB) through a broader approach to sharia  principles by using the concept of maqashid shariah index proposed by Abu Zahrah and Abdul Majid Najjar. This type of research is quantitative descriptive. The object of the research conducted is Bank Umum Syariah (BUS) that operate nationally in Indonesia and are registered with Otoritas Jasa Keuangan (OJK). The type of data used is secondary data in the form of financial reports and annual reports obtained from the official websites of each bank Period 2014 to 2018. By using the maqashid shariah index and the SAW (Simple Additive Weigting) method, it can be concluded that the performance value of MSI of Bank Muamalat Syariah Indonesia (BSMI)  in 2014-2018 approach to the concept of Abu Zahrah on average was 35.64%, while the performance value of MSI of BMSI in the same periode  with the AM Najjar concept approach the average is 30.56%. ABSTRAK Penelitian ini bertujuan untuk menganalisis kinerja Perbankan Syariah (iB) di Indonesia melalui pendekatan maqashid shariah index. Penilaian kinerja Perbankan Syariah (iB) umumnya dilakukan melalui pengukuran kinerja secara keuangan tanpa mengikutsertakan pengukuran kinerja non keuangan. Penelitian ini mengukur kinerja Perbankan Syariah (iB) melalui pendekatan prinsip-prinsip syariah secara lebih luas dengan menggunakan konsep maqashid shariah index yang dikemukakan oleh Abu Zahrah dan Abdul Majid Najjar.Jenis penelitian yang digunakan adalah deskriptif kuantitatif. Objek dari penelitian yang dilakukan adalah bank umum syariah (BUS) yang beroperasi secara nasional di Indonesia dan terdaftar pada otoritas jasa keuangan (OJK. Jenis data yang digunakan adalah data sekunder berupa laporan keuangan dan laporan tahunan dari situs resmi  masing masing bank Periode tahun 2014 sampai 2018. Dengan menggunakan  maqashid shariah index dan metode SAW (Simple Additive Weigting), dapat disimpulkan bahwanilai Kinerja MSI Bank Muamalat Syariah Indonesia (BMSI) tahun 2014-2018 pendekatan konsep Abu Zahrah rata-rata adalah sebesar 35.64%.  Sedangkan nilai kinerja MSI periode yang sama dengan pendekatan konsep AM Najjar rata-rata adalah sebesar 30.56%. JEL Classification: M41, Z12

scholarly journals Pengukuran Kinerja Perbankan Syariah Berbasis Maqashid Syariah Index Bank Syariah di Indonesia : Abdul Majid Najjar Versus Abu Zahrah

2019 ◽  
Vol 6 (02) ◽  
pp. 111-126
Author(s):  
Rudi Setiyobono ◽  
Nurmala Ahmar ◽  
Darmansyah
Keyword(s):  
Financial Performance ◽  
Performance Appraisal ◽  
Secondary Data ◽  
Jel Classification ◽  
Annual Reports ◽  
Islamic Banking ◽  
Performance Measurements ◽  
Financial Reports ◽  
Index Approach ◽  
Quantitative Descriptive

ABSTRACT This study aims to analyze the performance of Islamic Banking (iB) in Indonesia through the maqashid shariah index approach. Performance appraisal on Islamic Banking (iB) is generally done through financial performance measurements without including non-financial performance measurements. This study measures the performance of Islamic Banking (iB) through a broader approach to sharia  principles by using the concept of maqashid shariah index proposed by Abu Zahrah and Abdul Majid Najjar. This type of research is quantitative descriptive. The object of the research conducted is Bank Umum Syariah (BUS) that operate nationally in Indonesia and are registered with Otoritas Jasa Keuangan (OJK). The type of data used is secondary data in the form of financial reports and annual reports obtained from the official websites of each bank Period 2014 to 2018. By using the maqashid shariah index and the SAW (Simple Additive Weigting) method, it can be concluded that the performance value of MSI of Bank Muamalat Syariah Indonesia (BSMI)  in 2014-2018 approach to the concept of Abu Zahrah on average was 35.64%, while the performance value of MSI of BMSI in the same periode  with the AM Najjar concept approach the average is 30.56%. ABSTRAK Penelitian ini bertujuan untuk menganalisis kinerja Perbankan Syariah (iB) di Indonesia melalui pendekatan maqashid shariah index. Penilaian kinerja Perbankan Syariah (iB) umumnya dilakukan melalui pengukuran kinerja secara keuangan tanpa mengikutsertakan pengukuran kinerja non keuangan. Penelitian ini mengukur kinerja Perbankan Syariah (iB) melalui pendekatan prinsip-prinsip syariah secara lebih luas dengan menggunakan konsep maqashid shariah index yang dikemukakan oleh Abu Zahrah dan Abdul Majid Najjar.Jenis penelitian yang digunakan adalah deskriptif kuantitatif. Objek dari penelitian yang dilakukan adalah bank umum syariah (BUS) yang beroperasi secara nasional di Indonesia dan terdaftar pada otoritas jasa keuangan (OJK. Jenis data yang digunakan adalah data sekunder berupa laporan keuangan dan laporan tahunan dari situs resmi  masing masing bank Periode tahun 2014 sampai 2018. Dengan menggunakan  maqashid shariah index dan metode SAW (Simple Additive Weigting), dapat disimpulkan bahwanilai Kinerja MSI Bank Muamalat Syariah Indonesia (BMSI) tahun 2014-2018 pendekatan konsep Abu Zahrah rata-rata adalah sebesar 35.64%.  Sedangkan nilai kinerja MSI periode yang sama dengan pendekatan konsep AM Najjar rata-rata adalah sebesar 30.56%. JEL Classification: M41, Z12

scholarly journals Implementation of Performance Measurement Systems at PT. Pos Indonesian

2020 ◽  
Vol 1 (1) ◽  
pp. 40-45
Author(s):  
Muhamad Jupri ◽  
Hamka Hamka ◽  
Ruly Budiono
Keyword(s):  
Public Sector ◽  
Performance Measurement ◽  
Financial Performance ◽  
Measurement System ◽  
Performance Measurement System ◽  
Performance Measurements ◽  
Measurement Systems ◽  
Public Sector Organizations ◽  
Performance Measurement Systems

This paper aims to carry out performance measurement at PT. Pos Indonesia, which consists of measurements of financial and non-financial performance. The preparation of this paper uses the study method of various literature from various international article sources. Public sector organizations or institutions in implementing their financial and non-financial performance measurements use a variety of steps. Therefore, the managers of PT. Pos Indonesia must adjust the appropriate performance measurement system, such as what will be used by PT. Pos Indonesia, according to the conditions of each PT. Pos Indonesian.

scholarly journals Non-Financial Performance Measures on Local Culture Basis in Assessing The Health of Microfinance Institutions

2017 ◽  
Vol 2 (3) ◽  
pp. 29-35
Author(s):  
I Putu Astawa ◽  
I Made Sudana ◽  
NGN Suci Murni
Keyword(s):  
Qualitative Study ◽  
Financial Performance ◽  
Performance Measures ◽  
Local Culture ◽  
Microfinance Institutions ◽  
Performance Measurements ◽  
Religious Activities ◽  
Product Model ◽  
Objective Health ◽  
Financial Performance Measures

Objective - Health assessment on microfinance institutions was conducted through non-financial measurements consisted of assessment on general and risk managements. The assessment was commonly used to assess commercial banks. Microfinance institutions, however, are differed to commercial bank in terms of their closeness to the poor. The paper presented the development and analysis of non-financial performance measures using local culture basis that can be applied to properly assess microfinance institutions. Methodology/Technique - Qualitative study with ethnomethodology approach was applied to see cultural activities undertaken. Managers were considered as key informants. Results of qualitative study were analyzed using Fuzzy-Analytic Hierarchy Process method and Weighted Product Model was applied to weight the criteria and sub-criteria as well as the final assessment. Findings - Results showed that local culture activities that could be used to assess general management in microfinance institutions were providing assistance in establishing places of worship, supporting religious activities, supporting the development of facilities and infrastructures in the villages, relief activities of cultural festival, helping in funeral, wedding favors, educational assistance, medical assistance, forming arts groups, and business group. Novelty - This study suggests that non-financial performance measurements can use local culture and facilitate the management of microfinance institutions to perform performance measurement Type of Paper - Empirical Keywords: Non-Financial; Performance Measures; Local Culture; Microfinance Institutions. JEL Classification: G21, G31.

Sign in / Sign up

Export Citation Format

Share Document