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R. Jayaraman

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Papers by R. Jayaraman

INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, IT & MANAGEMENT, 2016

Five different inventory classification system have been described in literature and used by comp... more Five different inventory classification system have been described in literature and used by companies in practice. While many companies seem to prefer the ABC
system for inventory management others use the FSN or the VED for spares inventory management. A closer examination of the five systems has yielded some
fresh light on the way to manage and control inventory costs. This paper describes an empirical approach which has been adopted for the first time to compare the
performance of each of the inventory classification system in terms of the total stocking cost which yields some surprising results. What is evident is that the “most
popular” system, ABC, could lead to the highest inventory cost.

International Journal of Research in Commerce, IT and Management, 2016

should be in fully italicized text, ranging between 150 to 300 words. The abstract must be inform... more should be in fully italicized text, ranging between 150 to 300 words. The abstract must be informative and explain the background, aims, methods, results & conclusion in a SINGLE PARA. Abbreviations must be mentioned in full. 6. KEYWORDS: Abstract must be followed by a list of keywords, subject to the maximum of five. These should be arranged in alphabetic order separated by commas and full stop at the end. All words of the keywords, including the first one should be in small letters, except special words e.g. name of the Countries, abbreviations. 7. JEL CODE: Provide the appropriate Journal of Economic Literature Classification System code (s). JEL codes are available at www.aeaweb.org/econlit/jelCodes.php, however, mentioning JEL Code is not mandatory. 8. MANUSCRIPT: Manuscript must be in BRITISH ENGLISH prepared on a standard A4 size PORTRAIT SETTING PAPER. It should be free from any errors i.e. grammatical, spelling or punctuation. It must be thoroughly edited at your end. 9. HEADINGS: All the headings must be bold-faced, aligned left and fully capitalised. Leave a blank line before each heading. 10. SUB-HEADINGS: All the sub-headings must be bold-faced, aligned left and fully capitalised.

In spite of the proliferation of the activity, construction management is not a much studied or s... more In spite of the proliferation of the activity, construction management is not a much studied or systematized subject. There are still only pockets of excellence in a sea of seat-of-the-pant and ad-hoc working. Most second level construction firms do not have systematic recording, documenting, planning and quality control procedures. While the tier-1 firms have evolved and practice sophisticated systems based on advances in civil engineering and project management, the others are not yet ready to embrace modern practices. The BCA (Buildings Construction Authority) Singapore made efforts to bring some order into the entropy. They codified a simple construction management process which could be easy to adopt by the second and third tier construction companies too. This system is named as CONQUAS, which has been in vogue since the late eighties. Beginning with Singapore, it has spread to the rest of Asia. Larsen and Toubro is an Asian giant corporation. A division of this company, after...