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The attributes of the vehicle routing problem (VRP) are as many additional characteristics or constraints which aim to better take into account the specificities of real application cs. The variants of the VRP thus formed are the support of an extremely rich literature, comprising an immense variety of heuristics. This article constitutes an industrial application…

Lean Six Sigma (LSS) is a renowned approach for boosting operational excellence and competitive advantage through integrated core objectives of value creation and variation reduction. Despite its proven benefits in many leading companies, LSS implementation in the food sector is still behind compared with other sectors. LSS implementation is costly, and most businesses have failed…

In the context of globalization and the crises that we are experiencing today, innovation becomes the engine of acceleration and resolution of all kinds of organizational dysfunctions. Different alternatives have been proposed by all researchers and practitioners. The role of this paper is to determine the peculiarities of innovation, including the role played by organizational,…

This paper describes a qualitative research design adopted in this study guided by deployment of a Grounded Theory (GT) methodology which was deployed to synthesize literature on technology adoption and digital transformation with an objective of developing theory. The philosophical worldview adopted was interpretivism/constructivist of a qualitative grounded theory inductive (theory building) approach where secondary…

The article investigated the banking determinants of loans’ growth using the quarterly data of Albanian banking sector during 2003-2018. We estimated the linear model of control variables to examine the bank’s sound effects on loan’s capacity. Empirical results demonstrated the initial positive outcome of the growth of non – performing loans on the loans’ growth,…

Manufacturing industry is facing several challenges in power quality and energy consumptions that play a significant role in the cost of goods sold in addition to the operational efficiency of manufacturing plants. The current techniques are not enough to manage the manufacturing processes from power perspectives as it is focusing only on the monitoring of…

The heath-care sector has confronted significant difficulties in the past few years due to several issues such as insufficient human resources, budget cuts, and shortage of equipment and drugs. The logistics in the health-care sector take an extensive part of the budget, especially since it is the main axis to provide the hospital’s pharmacies with…

Sustainability is considered new for Indonesian state-owned enterprises, also has become an obligation since two years ago. More and more people are aware of the environment for the next generation, the survival of mankind in the future. Sustainability issues are no exception in Indonesia. Companies publish sustainability reports as well as financial and annual reports.…

The need to optimally explore Nigeria’s diverse mineral resource endowments via sustainable value chain practices has, in recent times, been the focus of the Nigerian government and relevant stakeholders. This development has amongst other things, been made a necessity since the decline in Nigeria’s crude oil export and earnings, as well as the increased effort…

Investment decision-making plays a pivotal role in shaping both individual and institutional economic outcomes. Given the increasing complexity and uncertainty in global markets, optimizing investment decisions has become essential for maximizing returns while managing risks. This work explores modern optimization approaches in investment decision-making, focusing on mathematical modeling techniques such as linear programming (LP), mixed-integer…

While prior research has focused on siloed approaches to equipment replacement, this study introduces an integrated decision-making framework that synergizes predictive maintenance (IoT/M), dynamic multi-criteria analysis (MCDM), and sustainability-driven material selection. By validating this model through cross-sector case studies and strategic operational planning across various industrial sectors. We demonstrate a 30% improvement in replacement timing…

Artificial Intelligence (AI) is reshaping the global shipbuilding sector, yet existing maturity models fail to capture the domain-specific complexities of this capital-intensive industry. This study reviews over 50 AI maturity models and introduces a specialized framework tailored for shipbuilding. The proposed model outlines four progressive stages—Beginner, Innovation, Integration, and Expert—across eight key dimensions: culture, resilience,…

This article enhances discussions on Generative Artificial Intelligence (GenAI) and prompt engineering by exploring critical pitfalls and industry-specific advantages. It begins with a foundational overview of AI evolution, emphasizing how generative models such as GANs, VAEs, and Transformers have revolutionized language processing, image generation, and drug discovery. Prompt engineering is highlighted as a key methodology…

The proliferation of internet economies has given the corporate world manifold advantages to businesses, as they can now incorporate the latest innovations into their operations, thereby enhancing ease of doing business. For instance, financial institutions have leveraged credit card usage on the aforesaid proliferation. However, this exposes clients to cybercrime, as fraudsters always find ways…

Robo-advisors, fundamental to the financial services sector, have undergone substantial technological metamorphosis. Innovations in artificial intelligence, blockchain, cloud technology, augmented reality, and virtual reality have reshaped the financial industry’s landscape. As automated investment solutions, robo-advisors are on the brink of further technological evolution. This comprehensive research amalgamates historical data, behavioral insights, and emerging market trends…

Advances in Internet of Things (IoT) and wireless technologies are revolutionizing various sectors, including environment, education, healthcare, industry, etc. In the same dynamic, as the world population constantly evolves, solutions based on such technologies need to be proposed to improve the agricultural sector. Senegalese agriculture, primarily rain-fed and based on both cash crops and subsistence…

A reliable healthcare system ensures that the population has access to top-notch medical ser- vices, ultimately enhancing their overall health most efficiently. At times, data are not secured or handled appropriately. Addressing these concerns, blockchain technology is projected to bring about a substantial revolution in the medical industry by assuring the confidentiality of electronic health…

This article presented an overview of the evolution of China’s internet financial industry, emphasizing the critical importance of fintech, a novel economic sector improving the efficiency of financial services through innovative technology applications. The systems referred to encompass those technologies, applications, and tools that enhance the efficiency and accessibility of financial services. The historical trajectory…

Process mining is an innovative technique through which inefficiencies in production systems can be eliminated. This technique has therefore become very important internationally in recent years and is also useful for pursuing the improvement of production systems by extrapolating process knowledge from event logs recorded by information systems. Process mining has easy application in production…

The emergence of blockchain technology has facilitated the digital transformation of many businesses and thereby increased the competitiveness of China in the global market. As a cutting-edge technology, Blockchain has significantly influenced the practices across all business sectors. Focusing on the retail and insurance sectors, this paper analyzes the blockchain technology applications in two companies…

Overall Performance (OP) measurement is an essential instrument in sustainable manufacturing implementation and management. The effective use of key performance indicators (KPIs) can potentially contribute to identify the firm’s overall performance, provide the crucial gaps between desired results and current actions, and thus facilitate the implementation and execution of improvement strategies. This study attempts to…

Considering the importance of addressing innovation issues that impact the development of economic sectors, this document presents the research work aimed at establishing a state of the art related to technology transfer and intermediation issues, which can be adopted in the innovation systems. In this case, the agro-industrial innovation system is taken as a reference…

Central authorities have registered economic transactions based on trust since the dawn of time. With the advent of paper, methods for documenting transactions and records became more difficult and detailed. With the widespread use of computers in recent years, digital recording has made record keeping easier and since then every technical advancement has made data…

Energy Efficiency (EE) plays a key role in decreasing energy consumption at a European level, while it is considered as one of the most cost-efficient means to achieve carbon reduction and reinforce energy sufficiency and security. EE financing is imperative to implement measures that will lead to achieving the desired carbon neutrality and, thus, avert…

A transition towards electrification of the public transport sector is ongoing in many cities around the world, as a response to global warming and pollution. However, the question is whether the current state of technology is already sufficient to replace the conventional buses with electric ones and if the existing charging facilities are appropriate to…