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INTEGRATING ENTERPRISE RISK MANAGEMENT (ERM): STRATEGIES, CHALLENGES, AND ORGANIZATIONAL SUCCESS 整合企业风险管理(ERM):战略、挑战和组织成功
Pub Date : 2024-05-01 DOI: 10.62304/ijbm.v1i2.130
Md Rasel Ul Alam, Asif Shohel, Mahmudul Alam
Implementing Enterprise Risk Management (ERM) is pivotal for organizations striving to navigate and excel within increasingly complex and volatile business environments. This paper explores the core principles of ERM and underscores its crucial role in achieving organizational objectives by enhancing decision-making, risk awareness, and resilience. It highlights the benefits and challenges of ERM implementation, with a strong emphasis on the empowering role of leadership in this process. It also emphasizes the necessity for strategic resource allocation, and effective integration into organizational processes. Additionally, the paper examines key factors that contribute to the success of an ERM program, such as adaptability and continuous improvement. Through real-world case studies, the paper illustrates how successful ERM implementation can significantly benefit organizations, demonstrating quantifiable improvements in operational performance and strategic outcomes. These discussions aim to provide a comprehensive understanding of the importance of ERM in modern business practices, advocating for its widespread adoption and continuous evolution to meet emerging business challenges.
实施企业风险管理(ERM)对于努力在日益复杂多变的商业环境中驾驭并超越自我的组织来说至关重要。本文探讨了企业风险管理的核心原则,强调了它在通过加强决策、风险意识和应变能力实现组织目标方面的关键作用。它强调了实施机构风险管理的好处和挑战,重点是领导层在这一过程中的授权作用。文件还强调了战略性资源分配和有效融入组织流程的必要性。此外,论文还探讨了有助于机构风险管理计划取得成功的关键因素,如适应性和持续改进。通过实际案例研究,本文说明了机构风险管理的成功实施如何能使组织显著受益,并展示了在运营绩效和战略成果方面可量化的改进。这些讨论旨在让人们全面了解机构风险管理在现代商业实践中的重要性,倡导广泛采用并不断发展以应对新出现的商业挑战。
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引用次数: 0
THE INTEGRATION OF SUSTAINABLE PRACTICES AND PRINCIPLES IN INDUSTRIAL OPERATIONS AND SUPPLY CHAIN MANAGEMENT 在工业运营和供应链管理中融入可持续实践和原则
Pub Date : 2024-05-01 DOI: 10.62304/ijse.v1i2.134
Authors Md. Nazmul Haque, Rafsan Mahi Muhammad Tipu Sultan
This study delves into integrating sustainability practices within industrial operations, uncovering this endeavor's pivotal motivations, strategies, challenges, and critical success factors. Through qualitative case studies across varied sectors, the research reveals a complex interplay of intrinsic motivations—including environmental stewardship, economic incentives, and stakeholder pressures—that drive companies towards adopting sustainable practices. Operationalizing sustainability emerges as a multifaceted effort, with companies employing diverse strategies that range from incremental improvements to radical transformations aligned with circular economy principles. However, persistent barriers such as entrenched operational practices, financial considerations, and supply chain complexities underscore the significant challenges. The key to overcoming these obstacles is the unwavering commitment of leadership and fostering cross-functional collaboration, highlighting the essential role of strategic vision and organizational alignment in successful sustainability integration. This investigation enhances our understanding of sustainability in industrial contexts and sets the stage for further exploration into effective integration strategies, offering valuable insights for academics, practitioners, and policymakers alike.
本研究深入探讨了将可持续发展实践融入工业运营的问题,揭示了这一努力的关键动机、战略、挑战和关键成功因素。通过对不同行业的定性案例研究,研究揭示了内在动机(包括环境管理、经济激励和利益相关者的压力)之间复杂的相互作用,这些内在动机推动企业采用可持续发展实践。可持续发展的实施是一项多层面的工作,企业采用的战略多种多样,既有渐进式的改进,也有符合循环经济原则的根本性转变。然而,根深蒂固的运营实践、财务考虑和供应链复杂性等持续存在的障碍凸显了巨大的挑战。克服这些障碍的关键在于领导层的坚定承诺和促进跨职能部门的合作,这凸显了战略愿景和组织协调在成功实现可持续发展整合中的重要作用。这项调查加深了我们对工业背景下可持续发展的理解,为进一步探索有效的整合战略奠定了基础,为学术界、从业人员和政策制定者提供了宝贵的见解。
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引用次数: 0
IMPACT ASSESSMENT OF MACHINE LEARNING ALGORITHMS ON RESOURCE EFFICIENCY AND MANAGEMENT IN URBAN DEVELOPMENTS 机器学习算法对城市发展中资源效率和管理的影响评估
Pub Date : 2024-05-01 DOI: 10.62304/ijbm.v1i2.129
Md Arif Hossain, Md Samiul Alam Mazumder, Md Hasanujamman Bari, Rafsan Mahi
Urban centers face the mounting challenge of balancing resource demands with sustainable practices in the face of population growth and environmental concerns. Machine learning (ML) has emerged as a transformative technology with the potential to optimize resource efficiency and management within urban environments. This article investigates the multifaceted impact of ML algorithms on enhancing resource management and the associated challenges and considerations. It delves into successful ML applications in vital urban sectors, including smart grids, water conservation, and intelligent transportation systems. Through the analysis of case studies, the article quantifies improvements in resource efficiency and highlights the contributions of ML to data-driven decision-making. Crucially, it emphasizes the need for a holistic approach, addressing computational costs, data bias, privacy concerns, and ethical considerations to ensure the responsible and equitable deployment of ML. The article concludes by underscoring the ongoing evolution of ML and its pivotal role in shaping sustainable and resilient urban futures.
面对人口增长和环境问题,城市中心在平衡资源需求和可持续发展实践之间面临着日益严峻的挑战。机器学习(ML)已成为一种变革性技术,具有优化城市环境中资源效率和管理的潜力。本文探讨了 ML 算法对加强资源管理的多方面影响,以及相关的挑战和注意事项。文章深入探讨了 ML 在智能电网、水资源保护和智能交通系统等重要城市领域的成功应用。通过对案例的分析,文章量化了资源效率的提高,并强调了 ML 对数据驱动决策的贡献。最重要的是,文章强调需要采取综合方法,解决计算成本、数据偏差、隐私问题和道德考虑等问题,以确保负责任地、公平地部署人工智能。文章最后强调了人工智能的不断发展及其在塑造可持续和有弹性的城市未来中的关键作用。
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引用次数: 0
ASSESSING THE DYNAMICS OF CLIMATE CHANGE IN KHULNA CITY: A COMPREHENSIVE ANALYSIS OF TEMPERATURE, RAINFALL, AND HUMIDITY TRENDS 评估库尔纳市的气候变化动态:气温、降雨量和湿度趋势的综合分析
Pub Date : 2024-04-24 DOI: 10.62304/ijse.v1i1.118
Md Mazharul Islam, Abdullah-Al Abid, Laila Tul Zannat Arefin Siddikui & Nahida Sultana
The study analyzes the temperature, rainfall, and humidity dynamics of Khulna city from 1981 to 2020. The average rainfall changes are 0.0018 mm, with an increase in daytime temperatures of 0.0223°C each year. Nighttime temperatures also show an increasing trend, with an increase in minimum temperatures of 0.0342°C each year. The overall humidity decreases, indicating less humid weather. The decadal average rainfall ranges from 5.13 mm from 1981 to 2000, with a drop to 4.65 mm between 1991 and 2000. The maximum temperature ranges from 30.94°C to 31.31°C, with a slight increase to 22.17°C between 2011 and 2020. The decadal average humidity ranges from 81.28% from 1991–2000 to 80.72% from 2001–2010. Pre-monsoon average rainfall declines by 5.13 mm, indicating a drier season. The monsoon season has an inclining trend of 0.0239 mm, with a promising increment of rain resulting in a wetter monsoon. Post-monsoon average rainfall increases by 0.0121 mm, resulting in a wetter season each year. The winter season has a slight decline of -0.0043 mm at 6°C. The variability of temperature, rainfall, and humidity patterns in Khulna city reveals a correlation between rainfall and temperature, which indirectly impacts crop yield. Better observational rainfall, humidity, and temperature data are necessary for effective agriculture and crop production. The estimated value for the average temperature (maximum) from 1981 to 2020 is 0.023°C, suggesting that if the year increases by one year, the average maximum temperature increases by 0.023°C.
研究分析了库尔纳市从 1981 年到 2020 年的气温、降雨量和湿度动态。平均降雨量变化为 0.0018 毫米,白天气温每年上升 0.0223°C。夜间气温也呈上升趋势,最低气温每年上升 0.0342°C。总体湿度下降,表明天气不那么潮湿。1981 年至 2000 年的十年平均降雨量为 5.13 毫米,1991 年至 2000 年降至 4.65 毫米。最高气温在 30.94°C 至 31.31°C 之间,2011 年至 2020 年期间略有上升,达到 22.17°C。十年平均湿度从 1991-2000 年的 81.28% 到 2001-2010 年的 80.72%。季风季节前的平均降雨量减少了 5.13 毫米,表明季风季节较为干燥。季风季节的降雨量呈 0.0239 毫米的倾斜趋势,降雨量有望增加,导致季风更加湿润。季风后的平均降雨量增加了 0.0121 毫米,导致每年的雨季更加湿润。冬季气温为 6°C,降雨量略有减少,为-0.0043 毫米。库尔纳市的气温、降雨量和湿度模式的变化揭示了降雨量和气温之间的相关性,这间接影响了作物产量。更好的降雨量、湿度和温度观测数据对于有效的农业和作物生产十分必要。1981 年至 2020 年平均气温(最高气温)的估计值为 0.023°C,这表明如果年份增加一年,平均最高气温就会增加 0.023°C。
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引用次数: 0
OPTIMIZING SUPPLY CHAIN EFFICIENCY IN THE MANUFACTURING SECTOR THROUGH AI-POWERED ANALYTICS 通过人工智能分析优化制造业供应链效率
Pub Date : 2024-04-21 DOI: 10.62304/ijmisds.v1i1.116
The integration of AI-powered analytics offers transformative potential in optimizing supply chains within the manufacturing sector. This study adopts a qualitative, case study methodology to explore the specific ways manufacturers utilize AI-powered solutions in areas such as demand forecasting, inventory management, logistics planning, and predictive maintenance. Findings indicate substantial gains in efficiency, cost savings, and improved supply chain resilience. Additionally, the study highlights how AI-driven optimizations lead to an enhanced customer experience through increased product availability, reduced lead times, and a more responsive supply chain. Through detailed analysis of real-world implementations, the study provides practical guidance for manufacturers seeking to leverage AI to transform their supply chain operations.
人工智能分析技术的整合为优化制造业供应链提供了变革潜力。本研究采用定性案例研究方法,探讨制造商在需求预测、库存管理、物流规划和预测性维护等领域利用人工智能解决方案的具体方式。研究结果表明,人工智能在提高效率、节约成本和改善供应链适应性方面都有很大的帮助。此外,该研究还强调了人工智能驱动的优化如何通过提高产品可用性、缩短交付周期和提高供应链响应速度来提升客户体验。通过对现实世界实施情况的详细分析,该研究为寻求利用人工智能改造供应链运营的制造商提供了实用指导。
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引用次数: 0
ENHANCING TEXTILE QUALITY CONTROL WITH IOT SENSORS: A CASE STUDY OF AUTOMATED DEFECT DETECTION 利用物联网传感器加强纺织品质量控制:自动疵点检测案例研究
Pub Date : 2024-04-17 DOI: 10.62304/ijmisds.v1i1.113
The traditional approach to textile quality control, predominantly reliant on manual inspection, is fraught with precision, speed, and reliability challenges. This case study explores the deployment of an Internet of Things (IoT) based system, incorporating sophisticated image processing and machine learning techniques, aimed at automating fabric defect detection in a mid-sized textile manufacturing setting. The study reveals a notable enhancement in the accuracy of defect detection and considerable improvements in inspection speed and operational efficiency. Implementing this IoT system resulted in a marked reduction in manual labor requirements and provided a compelling cost-benefit ratio, underscoring the system's financial viability. Furthermore, the case study details significant operational benefits, such as a 94.25% accuracy in defect detection and a reduction in inspection time from 10.78 to 2.47 minutes per unit. These outcomes affirm the transformative potential of IoT technologies in refining textile quality control processes, advocating for a shift towards more sustainable, quality-focused, and efficient manufacturing paradigms.
纺织品质量控制的传统方法主要依赖人工检测,在精度、速度和可靠性方面存在诸多挑战。本案例研究探讨了基于物联网(IoT)系统的部署情况,该系统结合了先进的图像处理和机器学习技术,旨在实现中型纺织品生产环境中织物缺陷检测的自动化。研究显示,该系统显著提高了疵点检测的准确性,并大大改善了检测速度和运营效率。实施该物联网系统后,对人工的要求明显降低,并提供了令人信服的成本效益比,凸显了该系统在财务上的可行性。此外,案例研究还详细介绍了显著的运营效益,如缺陷检测的准确率达到 94.25%,每个单位的检测时间从 10.78 分钟减少到 2.47 分钟。这些成果肯定了物联网技术在完善纺织品质量控制流程方面的变革潜力,倡导向更可持续、更注重质量和更高效的制造模式转变。
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引用次数: 0
BASELINE SECURITY REQUIREMENTS FOR CLOUD COMPUTING WITHIN AN ENTERPRISE RISK MANAGEMENT FRAMEWORK 企业风险管理框架内云计算的基准安全要求
Pub Date : 2024-04-17 DOI: 10.62304/ijmisds.v1i1.115
This paper examines integrating baseline security requirements within an Enterprise Risk Management (ERM) framework, specifically focusing on cloud computing environments. As organizations increasingly migrate their operations to the cloud, the necessity for a robust security posture that aligns with comprehensive risk management practices has never been more critical. Through a systematic review of existing literature and analysis of case studies, this study identifies key strategies for implementing security measures that address the unique risks posed by cloud computing. The findings highlight the importance of continuous risk assessment, compliance and governance standards adherence, and resilient incident response and business continuity plans. The research further explores the dynamic relationship between cloud service models (IaaS et al.) and ERM strategies, offering insights into best practices for mitigating risks while capitalizing on the cloud's scalability and flexibility. The paper concludes with recommendations for organizations seeking to enhance their security and risk management practices in cloud environments, emphasizing the need for an integrated approach that supports business objectives and drives technological innovation.
本文探讨了在企业风险管理(ERM)框架内整合基线安全要求的问题,特别关注云计算环境。随着越来越多的组织将其业务迁移到云中,建立与全面风险管理实践相一致的强大安全态势的必要性变得前所未有的重要。通过对现有文献的系统回顾和对案例研究的分析,本研究确定了实施安全措施的关键策略,以应对云计算带来的独特风险。研究结果强调了持续风险评估、遵守合规和治理标准以及弹性事件响应和业务连续性计划的重要性。研究进一步探讨了云服务模式(IaaS 等)与企业风险管理战略之间的动态关系,深入探讨了在利用云的可扩展性和灵活性的同时降低风险的最佳做法。论文最后为寻求在云环境中加强安全和风险管理实践的组织提出了建议,强调需要一种支持业务目标和推动技术创新的综合方法。
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引用次数: 0
THE IMPACT OF MACHINE LEARNING ON PRESCRIPTIVE ANALYTICS FOR OPTIMIZED BUSINESS DECISION-MAKING 机器学习对优化业务决策的规范性分析的影响
Pub Date : 2024-04-15 DOI: 10.62304/ijmisds.v1i1.112
This study investigates into the integration of Machine Learning (ML) with Prescriptive Analytics, showcasing the enhancement of decision-making processes in business through this combination. By analyzing contemporary methodologies and practical applications, it delves into how ML algorithms significantly improve the precision, efficiency, and forecasting capabilities of prescriptive analytics. Highlighting case studies across a variety of sectors, the research underscores the competitive edge businesses can gain by adopting these sophisticated analytical tools. Moreover, it addresses the array of technical and organizational hurdles that arise with the implementation of ML-enhanced prescriptive analytics, such as challenges in data handling, system integration, and the demand for specialized skills. Leveraging the latest advancements and insights from experts, the paper offers a compilation of best practices and strategic methodologies to effectively overcome these obstacles. Conclusively, it emphasizes the critical role of continuous innovation in ML and prescriptive analytics, encouraging firms to adopt these cutting-edge technologies to maintain a competitive stance in the fast-evolving, data-centric business landscape.
本研究探讨了机器学习(ML)与描述性分析(Prescriptive Analytics)的结合,展示了通过这种结合增强业务决策过程的效果。通过分析当代方法论和实际应用,本研究深入探讨了机器学习算法如何显著提高规范性分析的精度、效率和预测能力。该研究重点介绍了各行各业的案例研究,强调了企业通过采用这些先进的分析工具可以获得的竞争优势。此外,研究还探讨了在实施 ML 增强型规范性分析过程中出现的一系列技术和组织障碍,如数据处理、系统集成和专业技能需求方面的挑战。本文利用最新进展和专家见解,汇编了有效克服这些障碍的最佳实践和战略方法。最后,它强调了持续创新在 ML 和规范性分析中的关键作用,鼓励企业采用这些尖端技术,以便在快速发展、以数据为中心的商业环境中保持竞争优势。
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引用次数: 0
INTEGRATING IOT AND BIG DATA ANALYTICS FOR ENHANCED SUPPLY CHAIN PERFORMANCE IN INDUSTRIAL ENGINEERING SECTORS: A CROSS-MARKET STUDY 整合物联网和大数据分析,提高工业工程行业的供应链绩效:跨市场研究
Pub Date : 2024-04-13 DOI: 10.62304/ijse.v1i1.108
Integrating the Internet of Things (IoT) and big data analytics revolutionizes supply chain management across industrial engineering sectors, offering unprecedented opportunities for enhancing efficiency, responsiveness, and competitive advantage. This study employs a qualitative research design, leveraging expert interviews to explore the multifaceted impact of these technologies on supply chain performance. Findings underscore the critical importance of strategic alignment, leadership support, and a clear focus on business objectives for successful technology implementation. Enhanced real-time visibility, improved decision-making, and operational efficiency are identified as consistent benefits across sectors. However, the specific outcomes and applications vary according to industry-specific challenges and priorities. Despite the rich insights gained, the study acknowledges the limitations inherent in its qualitative approach. It suggests avenues for future research, including quantitative analyses and deeper dives into sector-specific implementations. This research contributes to a better understanding of how IoT and big data analytics can be effectively integrated into supply chains, providing a foundation for organizations seeking to navigate the complexities of digital transformation in an interconnected global marketplace.
物联网(IoT)与大数据分析的结合彻底改变了工业工程领域的供应链管理,为提高效率、响应速度和竞争优势提供了前所未有的机遇。本研究采用定性研究设计,利用专家访谈来探讨这些技术对供应链绩效的多方面影响。研究结果强调了战略调整、领导支持和明确业务目标对于成功实施技术的至关重要性。增强实时可视性、改善决策和提高运营效率被认为是各行业的一致优势。不过,具体成果和应用因行业的特定挑战和优先事项而异。尽管获得了丰富的见解,但本研究承认其定性方法存在固有的局限性。它提出了未来研究的途径,包括定量分析和深入研究特定行业的实施情况。本研究有助于更好地理解如何将物联网和大数据分析有效地整合到供应链中,为企业在互联互通的全球市场中应对复杂的数字化转型奠定基础。
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引用次数: 0
Artificial Intelligence in Project Management: Enhancing Efficiency and Decision-Making 项目管理中的人工智能:提高效率和决策能力
Pub Date : 2024-04-09 DOI: 10.62304/ijmisds.v1i1.107
This thesis explores the integration of Artificial Intelligence (AI) in project management practices to improve efficiency and decision-making processes. As organizations increasingly rely on project management methodologies to execute tasks, deliverables, and achieve objectives, the role of AI in enhancing these processes becomes pivotal. Through an examination of existing literature, case studies, and theoretical frameworks, this thesis investigates the potential benefits, challenges, and implications of incorporating AI technologies in project management. It aims to provide insights into how AI can optimize project planning, scheduling, resource allocation, risk management, and stakeholder communication. Additionally, the thesis explores the ethical considerations and societal impacts associated with the adoption of AI in project management. By analyzing real-world applications and theoretical perspectives, this research contributes to the understanding of how AI can be effectively utilized to streamline project management practices and drive organizational success in diverse industries.
本论文探讨将人工智能(AI)融入项目管理实践,以提高效率和改善决策过程。随着企业越来越依赖项目管理方法来执行任务、交付成果和实现目标,人工智能在增强这些流程中的作用变得至关重要。通过研究现有文献、案例研究和理论框架,本论文探讨了将人工智能技术纳入项目管理的潜在好处、挑战和影响。论文旨在深入探讨人工智能如何优化项目规划、进度安排、资源分配、风险管理和利益相关者沟通。此外,论文还探讨了与在项目管理中采用人工智能相关的伦理考虑因素和社会影响。通过分析现实世界的应用和理论视角,本研究有助于理解如何有效利用人工智能来简化项目管理实践,并推动不同行业的组织取得成功。
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引用次数: 0
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Global Mainstream Journal
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