Dr. Anand Chitanand | Savitribai Phule Pune University (original) (raw)

Papers by Dr. Anand Chitanand

Research paper thumbnail of APPLICATION OF THEORY OF CONSTRAINTS PRINCIPLES IN OPTIMIZING CHANNEL INVENTORY FOR ENGINEERING COMPANIES

Madhya Pradesh Journal of Social Sciences , 2023

It is said that companies no more compete on product quality but on the effectiveness and efficie... more It is said that companies no more compete on product quality but on the effectiveness and efficiency of their supply chains. The value and cost are two tight ropes the companies have to walk and keep their balance throughout. The customer expectations are rising and companies are experiencing competitive pressure to keep their supply chains agile. This paper aims at dissecting the inventory categories at every stage of value chain and propose a Theory of Constraints (TOC) based solution. Pull based replenishment systems across the channel ensure optimum levels of channel inventory with highest degree of on-time delivery performance. The model integrates with a production scheduling model for make-to-assemble products. The uniqueness of this paper lies in the integrated solution for the entire channel and not only the manufacturers. The solutions provided are based on actual study of successful implementation of TOC in a large-scale engineering company.

Research paper thumbnail of A Study of Selected Indian Companies Sustainability Practices for the Development of a Lean Six Sigma Based Framework

Research paper thumbnail of Driving Process Improvements under Sustainable Development Initiatives

Quest Journals, 2018

Sustainable Development has been a staunching challenge in front of the business world which is c... more Sustainable Development has been a staunching challenge in front of the business world which is caught in between the economic development and environmental protection and social upliftment. Stake holders including the investors and customers are demanding Greener products and demanding business organizations to demonstrate their commitment on improving their performance on Sustainable Development. Sustainable Development requires companies to adopt improved technology as well as processes to remain competitive. A scan through the top Indian companies shows a greater focus of the companies on using newer technology for bettering their environmental performance. This study shows companies are not aggressively working on the process improvement. This research assesses the environment related GRI Standards and identifies significant number of Process Improvement opportunities for the companies. The process improvements would result in to savings for the organizations which would turn it in to a win-win for organizations.

Research paper thumbnail of Critical Analysis of Sustainability Data Reporting of Selected Indian Companies

International Journal of Management (IAEME Publication), 2018

Importance of Sustainability reporting has been underlined by governments, several non-profit and... more Importance of Sustainability reporting has been underlined by governments, several non-profit and for-profit organizations. There is several research papers already published on Sustainability Reporting trends. Limited research available on the quality of the reports. Overall the trend is encouraging however; a lot has to be done in terms of the quality of the information disclosed in these reports. This research paper studies Sustainability Reports of top 100 (BSE Top 100) companies. A critical analysis is done on the data reporting practices and the gaps therein. Since one of the major reasons for the disclosure being the investor education, the information disclosed should be comprehended easily for making the decisions. Several gaps are seen in the way the data is presented in the Sustainability Reports by the companies. It gives a feeling that companies are more interested in the compliance rather than being proactive leaders of Sustainable development. Equal responsibility lies on the agencies that help in preparing the Sustainability Reports for the companies.

Research paper thumbnail of Dealing with Sustainability Challenges with Lean Six Sigma Framework

International Journal of Management (IAEME Publication), 2018

Sustainability has become a very sensitive subject of the 21 st century all over the world, espec... more Sustainability has become a very sensitive subject of the 21 st century all over the world, especially for the business organizations, as the planet earth is dragged in to the effects of climate change. In the years to come this subject is going to be the top most agenda for all the countries, governments, public and private organizations. Companies will slowly exhaust all low hanging efforts to show the improvements in achieving the sustainability goals and the time will come when companies will have to adopt some structured and disciplined methodologies to achieve the stringent sustainable development targets and demonstrate consistent results to all the stake holders. The study of sustainability reports of select Indian companies reveals a need for a structured methodology for analysis and improvement actions such that significant improvements are seen and sustained over a long period of time. Lean Six Sigma is a proven methodology used by several organizations to achieve sustainable improvement results. This research paper suggests use of Lean Six Sigma as a strategic framework for Sustainability. The Sustainability objectives are required to be part of organizational goal tree. Six Sigma tools also help in prioritizing the projects along with other business initiatives with equal weightage to social and environmental initiatives. Lean Six Sigma improves the process efficiency, eliminates waste, making the Sustainability initiatives profitable for the organization.

Research paper thumbnail of APPLICATION OF THEORY OF CONSTRAINTS PRINCIPLES IN OPTIMIZING CHANNEL INVENTORY FOR ENGINEERING COMPANIES

Madhya Pradesh Journal of Social Sciences , 2023

It is said that companies no more compete on product quality but on the effectiveness and efficie... more It is said that companies no more compete on product quality but on the effectiveness and efficiency of their supply chains. The value and cost are two tight ropes the companies have to walk and keep their balance throughout. The customer expectations are rising and companies are experiencing competitive pressure to keep their supply chains agile. This paper aims at dissecting the inventory categories at every stage of value chain and propose a Theory of Constraints (TOC) based solution. Pull based replenishment systems across the channel ensure optimum levels of channel inventory with highest degree of on-time delivery performance. The model integrates with a production scheduling model for make-to-assemble products. The uniqueness of this paper lies in the integrated solution for the entire channel and not only the manufacturers. The solutions provided are based on actual study of successful implementation of TOC in a large-scale engineering company.

Research paper thumbnail of A Study of Selected Indian Companies Sustainability Practices for the Development of a Lean Six Sigma Based Framework

Research paper thumbnail of Driving Process Improvements under Sustainable Development Initiatives

Quest Journals, 2018

Sustainable Development has been a staunching challenge in front of the business world which is c... more Sustainable Development has been a staunching challenge in front of the business world which is caught in between the economic development and environmental protection and social upliftment. Stake holders including the investors and customers are demanding Greener products and demanding business organizations to demonstrate their commitment on improving their performance on Sustainable Development. Sustainable Development requires companies to adopt improved technology as well as processes to remain competitive. A scan through the top Indian companies shows a greater focus of the companies on using newer technology for bettering their environmental performance. This study shows companies are not aggressively working on the process improvement. This research assesses the environment related GRI Standards and identifies significant number of Process Improvement opportunities for the companies. The process improvements would result in to savings for the organizations which would turn it in to a win-win for organizations.

Research paper thumbnail of Critical Analysis of Sustainability Data Reporting of Selected Indian Companies

International Journal of Management (IAEME Publication), 2018

Importance of Sustainability reporting has been underlined by governments, several non-profit and... more Importance of Sustainability reporting has been underlined by governments, several non-profit and for-profit organizations. There is several research papers already published on Sustainability Reporting trends. Limited research available on the quality of the reports. Overall the trend is encouraging however; a lot has to be done in terms of the quality of the information disclosed in these reports. This research paper studies Sustainability Reports of top 100 (BSE Top 100) companies. A critical analysis is done on the data reporting practices and the gaps therein. Since one of the major reasons for the disclosure being the investor education, the information disclosed should be comprehended easily for making the decisions. Several gaps are seen in the way the data is presented in the Sustainability Reports by the companies. It gives a feeling that companies are more interested in the compliance rather than being proactive leaders of Sustainable development. Equal responsibility lies on the agencies that help in preparing the Sustainability Reports for the companies.

Research paper thumbnail of Dealing with Sustainability Challenges with Lean Six Sigma Framework

International Journal of Management (IAEME Publication), 2018

Sustainability has become a very sensitive subject of the 21 st century all over the world, espec... more Sustainability has become a very sensitive subject of the 21 st century all over the world, especially for the business organizations, as the planet earth is dragged in to the effects of climate change. In the years to come this subject is going to be the top most agenda for all the countries, governments, public and private organizations. Companies will slowly exhaust all low hanging efforts to show the improvements in achieving the sustainability goals and the time will come when companies will have to adopt some structured and disciplined methodologies to achieve the stringent sustainable development targets and demonstrate consistent results to all the stake holders. The study of sustainability reports of select Indian companies reveals a need for a structured methodology for analysis and improvement actions such that significant improvements are seen and sustained over a long period of time. Lean Six Sigma is a proven methodology used by several organizations to achieve sustainable improvement results. This research paper suggests use of Lean Six Sigma as a strategic framework for Sustainability. The Sustainability objectives are required to be part of organizational goal tree. Six Sigma tools also help in prioritizing the projects along with other business initiatives with equal weightage to social and environmental initiatives. Lean Six Sigma improves the process efficiency, eliminates waste, making the Sustainability initiatives profitable for the organization.