Collaborative Alliance for the Implementation of Computer Integrated Manufacturing in Small and Medium Enterprises

2011 ◽  
pp. 216-224 ◽  
Author(s):  
H. B. Marri ◽  
A. Gunasekaran ◽  
Z. Irani ◽  
G.D. Putnik
Keyword(s):  
Small And Medium Enterprises ◽  
Business Environment ◽  
Computer Integrated Manufacturing ◽  
Integrated Manufacturing ◽  
Fully Integrated ◽  
Acceptable Quality ◽  
High Investment ◽  
The Right ◽  
Medium Enterprises

For all small and medium enterprises (SMEs), the long term goal is to stay in business, grow, and make profit, especially for manufacturing SMEs that must understand the dynamic changes that are taking place in the business environment. For SMEs to remain competitive, they must deliver products to customers at the minimum possible cost, the best possible quality, and the minimum lead time starting from the product conception stage to final delivery, service, and disposal (Marri, Gunasekaran, Kobu, & Grieve, 2002). SMEs can achieve this goal by implementing computer integrated manufacturing (CIM). The aim of CIM is to produce the required amount of the product of acceptable quality at the right time. If CIM technologies are fully integrated, the SMEs can respond rapidly to changes in product design, demand, or mix. The high investment required for AMT implementation is becoming a major hurdle for SMEs to cross. This is due to lack of financial resources which has stalled the initiative in adopting CIM. Undoubtedly, this has caused a decrease in rate of adoption of CIM in SMEs. With the collaborative alliance, CIM can successfully be implemented in SMEs.

STATE SUPPORT EFFICIENCY OF SMALL AND AVERAGE BUSINESS IN THE REGION (ON EXPERIENCE OF THE BRYANSK REGION)

2016 ◽  
Vol 2016 (5) ◽  
pp. 149-155
Author(s):  
Алексей Изотенков ◽  
Alexey Izotenkov
Keyword(s):  
Russian Federation ◽  
Small And Medium Enterprises ◽  
Federal Budget ◽  
Business Environment ◽  
State Support ◽  
Point Support ◽  
Start Up ◽  
The Russian Federation ◽  
Medium Enterprises

Increase of national economy efficiency in many respects depends on the effectiveness of small and medium enterprises (SME) in this connection the sys-tem of measures of state support for SME is important. In regions of the Russian Federation state pro-grams of SME support which are implemented at joint financing from the federal budget are developed. Vari-ous mechanisms of their realization are used. The questions of the state SME support realized in regions of the Russian Federation are considered. Dur-ing implementation of this program various directions and mechanisms of its implementation were used. Grantmaking to start-up entrepreneurs was the most inefficient as some of them were unprepared for obser-vance of necessary requirements of grant realization. On the basis of the analysis of the actual materials of SME development in the Bryansk region the conclusion is drawn that the most effective is the mechanism of point support in the short term. In the medium or long term it cannot be compared with the business environment formation in the region. The mechanism of point support can be one of the formation elements of the favorable business environment mechanism.

scholarly journals Strategi UMKM Dalam Menghadapi Persaingan Bisnis Global

MBIA ◽  
2020 ◽  
Vol 19 (3) ◽  
pp. 293-308
Author(s):  
Tetty Yuliaty ◽  
Cut Sarah Shafira ◽  
Muhammad Rafi Akbar
Keyword(s):  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Global Market ◽  
Growth Strategy ◽  
National Scale ◽  
Global Business ◽  
The Right ◽  
Medium Enterprises ◽  
A Company

In the Indonesian economy, Micro, Small and Medium Enterprises or MSMEs are the business group that has the largest number and is proven to be resistant to various kinds of shocks to the economic crisis. Micro, Small and Medium Enterprises (MSMEs) are encouraged to be able to develop into the global market not only on a national scale. Strategy is very important to determine the success of a company to achieve its long-term goals. By choosing the right strategy for a particular company position, it will make a company have a competitive advantage. The purpose of this research is to find out what is the most appropriate strategy that should be taken by PT. Muniru Burni Telong as a UMKM in facing Global Business competition. This research method uses SWOT analysis and IFAS, EFAS, by previously collecting data through interviews, questionnaires, observations and literature studies. The results of this study indicate that the strategy that must be carried out by PT Muniru Burni Telong is in quadrant I, which is a quadrant that supports an aggressive growth strategy which shows that this company has the power to take advantage of existing opportunities, meaning that the organization is in a strong condition so it is possible to continue to expand opening branches to the targeted countries, enlarging growth and achieving maximum progress.   Abstrak Dalam perekonomian Indonesia, Usaha Mikro Kecil Menengah atau UMKM merupakan kelompok usaha yang memiliki jumlah paling besar dan terbukti tahan terhadap berbagai macam goncangan krisis ekonomi.Usaha Mikro, Kecil dan Menengah (UMKM) didorong harus mampu berkembang sampai ke pasar gobal bukan hanya di skala nasional saja. Strategi merupakan hal yang sangat penting untuk menentukan keberhasilan perusahaan untuk mencapai tujuan jangka panjangnya. Dengan memilih strategi yang tepat pada posisi perusahaan  tertentu, akan membuat  sebuah perusahaan  memiliki keunggulan kompetitif.  Tujuan dari penelitian ini adalah untuk mengetahui strategi apa yang paling tepat yang harus diambil PT. Muniru Burni Telong sebagai UMKM dalam menghadapi persaingan Bisnis Global . Metode penelitian ini menggunakan Analisis SWOT dan IFAS, EFAS, dengan sebelumnya melakukan pengumpulan data melalui wawancara, kuesioner, observasi dan juga studi literature. Hasil penelitian ini menunjukkan bahwa strategi yang harus dilakukan oleh  PT Muniru Burni Telong adalah di kuadran I yaitu kuadran yang mendukung strategi pertumbuhan agresif yang menunjukkan  perusahaan ini memiliki kekuatan untuk memanfaatkan peluang yang ada, artinya organisasi dalam keadaan kondisi kuat sehingga sangat dimungkinkan untuk terus melakukan ekspansi membuka cabang ke negara-negara yang akan dituju, memperbesar pertumbuhan dan meraih kemajuan secara maksimal. Kata Kunci : Strategi , UMKM, Bisnis Global, SWOT

scholarly journals Meningkatkan Skala UMKM Jambi dengan Penyusunan Rencana Bisnis yang Aplikatif

2021 ◽  
Vol 3 (3) ◽  
pp. 172-177
Author(s):  
Frangky Selamat ◽  
Hetty Karunia Tunjungsari
Keyword(s):  
Community Service ◽  
Small And Medium Enterprises ◽  
Business Plan ◽  
Business Owners ◽  
Short Term ◽  
Business Plans ◽  
Business Units ◽  
The Right ◽  
Medium Enterprises

ABSTRACT Micro, Small and Medium Enterprises (MSMEs) are the largest part of Indonesia's existing business units. Its contribution to Gross Domestic Product (GDP) also continues to increase from year to year. Even though there are many MSMEs in quantity, they can still be improved from the aspect of business scale, in order to strengthen competitiveness and sustainability. To be able to increase the scale of business, planning is needed. The planning involves the necessary preparations so that the business is ready to grow and has the potential to become big. In the plan, which is usually called a “business plan”, business owners are encouraged to know more about the business they are running. Marketing, sales, operations, resources and finance aspects are the main focus. Each aspect is discussed in detail about what can be done, not only in the short term, but also in the medium and even long term. Forward projections based on reasonable assumptions. This is where accuracy and thoroughness are needed in preparing plans so that the steps compiled can be implemented, not only beautiful on paper. This is also found in MSMEs in Jambi Province. On this basis, the Community Service Team (PKM) together with the Center for Entrepreneurship Studies (PUSWIRA) of Tarumanagara University provided training and assistance in the preparation of business plans to 150 Jambi MSMEs. The activity, which lasted for one month, in July 2021, has helped MSME owners develop a simple but applicable business plan so that the managed business is on the right track to grow and be sustainable. ABSTRAK Usaha Mikro Kecil dan Menengah (UMKM) adalah bagian terbesar dari unit usaha yang ada Indonesia. Kontribusinya terhadap Produk Domestik Bruto (PDB) juga terus meningkat dari tahun ke tahun. Walau secara kuantitas berjumlah banyak UMKM masih dapat ditingkatkan lagi dari aspek skala usaha, agar dapat memperkuat daya saing dan keberlanjutan. Untuk dapat meningkatkan skala usaha diperlukan perencanaan. Perencanaan tersebut menyangkut persiapan yang diperlukan agar usaha siap untuk tumbuh dan berkemungkinan menjadi besar. Di dalam perencanaan yang biasa disebut “business plan” pemilik usaha didorong untuk mengenal lebih dalam mengenai usaha yang dijalankan. Aspek pemasaran, penjualan, operasi, sumber daya dan keuangan menjadi fokus utama. Setiap aspek dibahas secara rinci mengenai hal yang dapat dilakukan, tidak hanya dalam jangka pendek saja, tapi juga menengah bahkan panjang. Proyeksi ke depan berdasarkan asumsi yang masuk akal. Di sinilah diperlukan kecermatan dan ketelitian di dalam menyusun rencana agar langkah-langkah yang disusun dapat dilaksanakan, tidak hanya indah di atas kertas. Hal ini yang juga ditemui pada UMKM di Provinsi Jambi. Atas dasar itu Tim Pengabdian kepada Masyarakat (PKM) bersama dengan Pusat Studi Kewirausahaan (PUSWIRA) Universitas Tarumanagara memberikan pelatihan dan pendampingan penyusunan rencana bisnis kepada 150 UMKM Jambi. Kegiatan yang berlangsung selama satu bulan yaitu pada Juli 2021 ini telah membantu pemilik UMKM menyusun rencana bisnis sederhana namun aplikatif agar usaha yang dikelola berada di jalur yang tepat untuk tumbuh dan berkelanjutan.

scholarly journals Extrapolative Collaborative Filtering Recommendation System with Word2Vec for Purchased Product for SMEs

2021 ◽  
Vol 13 (13) ◽  
pp. 7156
Author(s):  
Kyoung Jun Lee ◽  
Yu Jeong Hwangbo ◽  
Baek Jeong ◽  
Ji Woong Yoo ◽  
Kyung Yang Park
Keyword(s):  
Collaborative Filtering ◽  
High Performance ◽  
Recommendation System ◽  
Small And Medium Enterprises ◽  
Personal Information ◽  
Business Environment ◽  
Share Data ◽  
Artificial Intelligence Technology ◽  
Medium Enterprises ◽  
Start Ups

Many small and medium enterprises (SMEs) want to introduce recommendation services to boost sales, but they need to have sufficient amounts of data to introduce these recommendation services. This study proposes an extrapolative collaborative filtering (ECF) system that does not directly share data among SMEs but improves recommendation performance for small and medium-sized companies that lack data through the extrapolation of data, which can provide a magical experience to users. Previously, recommendations were made utilizing only data generated by the merchant itself, so it was impossible to recommend goods to new users. However, our ECF system provides appropriate recommendations to new users as well as existing users based on privacy-preserved payment transaction data. To accomplish this, PP2Vec using Word2Vec was developed by utilizing purchase information only, excluding personal information from payment company data. We then compared the performances of single-merchant models and multi-merchant models. For the merchants with more data than SMEs, the performance of the single-merchant model was higher, while for the SME merchants with fewer data, the multi-merchant model’s performance was higher. The ECF System proposed in this study is more suitable for the real-world business environment because it does not directly share data among companies. Our study shows that AI (artificial intelligence) technology can contribute to the sustainability and viability of economic systems by providing high-performance recommendation capability, especially for small and medium-sized enterprises and start-ups.

scholarly journals Strategic Planning and Competitive Advantage of ICT Small and Medium Enterprises in Kenya

2013 ◽  
Vol 1 (1) ◽  
pp. 191 ◽  
Author(s):  
Zachary B. Awino
Keyword(s):  
Strategic Planning ◽  
Competitive Advantage ◽  
Small And Medium Enterprises ◽  
Critical Role ◽  
Dynamic Environment ◽  
Business Environment ◽  
Positive Influence ◽  
Balanced Score Card ◽  
Medium Enterprises

The Paper is the research findings on the role of strategic planning and competitive advantage of ICT Small and Medium Enterprises in Kenya. Literature suggests that the contemporary business environment in which organisations operate is increasingly becoming uncertain and unpredictable. Significant changes are mostly driven by technological changes, globalisation and trade liberalisation. As a result, like large enterprises, SMEs are facing new and unexpected challenges that threaten their competitiveness. While most countries acknowledge the critical role that SMEs contribute to their economies, both as an engine of growth and sustainable development, many questions still remain unanswered as to the determination of the critical challenges facing SMEs and how these challenges could be addressed to improve their competitiveness. These challenges have increased the need for empirical information which is essential for decision making in addressing issues that are likely to enhance SMEs survival and growth. It is noted that there has been no adequate research studies on the role of strategic planning and competitive advantage of SMEs. This study contributes to the need to address the research gaps and thus explored the role of strategic planning and competitive advange of SMEs in Kenya. The study population consisted of 238 ICT SMEs from Nairobi and its environs. A sample size of 146 firms constituting 61 per cent of the total population was selected through stratified sampling. The study aimed to collect data from 438 respondents from top, middle and lower management teams. Structured questionnaires with closed and open ended questions was used for data collection, 239 responses were received from 123 ICT firms a response rate of 55 per cent and 84.2 per cent respectively. Key characteristics of strategic planning including formality, environmental analysis processes both internal and external orientations, strategies adopted, and implementation and control were recorded. Data analysis was done using descriptive statistics, factor analysis, t-test, ANOVA, correlation, correlation matrixes and regression analysis. The key findings revealed that strategic planning has significant and positive influence in performance of SME’s. The test of hypothesis revealed that strategic planning has positive and significant influence on competitive advantage. The study demonstrated strategic planning as a learning tool and a strategic resource which is consistent with the underlying assumptions of resource based theory, systems theory, chaos theory and balanced score card model assumptions. It is envisaged that, this kind of research is likely to generate useful discussions on the role of strategic planning and performance, of SMEs. It is apparent that entrepreneurs of SMEs cannot ignore strategic planning as significant changes in competitive advantage is the result of change or effective application of strategic planning. Policy makers and academicians may need to address the capacity needs of SMEs and develop strategic planning model that address the challenges that SMEs encounter in a dynamic environment.

scholarly journals Women Entrepreneurs in Bangladesh- Challenges and Determining Factors

2015 ◽  
Vol 9 (2) ◽  
pp. 27-41 ◽  
Author(s):  
Tania Afroze ◽  
Md Kashrul Alam ◽  
Eliza Akther ◽  
Nahid Sultana Jui
Keyword(s):  
Gender Discrimination ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Business Environment ◽  
Sales Promotion ◽  
Social Constraints ◽  
Management Skills ◽  
Economic Activities ◽  
Medium Enterprises

The aim of this study is to find out the major challenges that hinder smooth operation of women entrepreneurs of Bangladesh. It also finds the reasons behind the success of the women entrepreneurship. Both primary and secondary data have been used to conduct the study. The questionnaire included questions about economic problems, family related issues, social constraints and other limitations faced by women entrepreneurs and the reasons behind their success. Women involved in various small and medium enterprises take on the challenge to work in a male-dominated society, competitive and complex economic and business environment. However, the identified challenges are inadequate capital, sales promotion, getting permission to start-up a business, gender discrimination, illiteracy and lack of knowledge among women, non-availability of training program and technical support, lack of managerial experience, in some cases young people make ill talk about the enterprise and so on. Personal qualities such as hard work and perseverance, management skills and marketing skills, support provided by their spouses or family are the main reasons behind the success of the women entrepreneurs. The level of participation of women in mainstream economic activities remains insufficient and the percentage of women in business is still much below than that of their male counterparts.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 27-41

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