{"title":"Artificial Intelligence Effects on Inventory Planning of Sensitive Products","authors":"Žan Domanjko, I. Perko","doi":"10.18690/um.epf.5.2022.42","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.42","url":null,"abstract":"Pharmaceutical companies invested heavily in research and development, nowadays their funds are mostly allocated in the supply chain management. Inventory forecasting using AI focuses on optimising supply chain processes and mitigating operational risks related to the treatment of sensitive products. The purpose of this research is to comprehensively examine the processes and important factors that influence the implementation of forecasting and optimising inventories. The objectives identify data sources, examine data information flows, review appropriate forecasting models and analyse inventory optimisation-related metrics that could be applied in manufacturing companies. In this paper, the authors review the latest literature in the areas of sales forecasting, inventory optimisation and related forecasting models and metrics, with special emphasis on AI models. The literature review includes publications of scientific research results as well as reports on the development results of the applied inventory optimisation solutions in the industry. The research results will be useful for conducting applied research in a selected company, addressing the complex issue of managing a supply chain, as well as the production and storage of perishable materials and products. Results will be useful in research aimed at improving the forecasting of the inventory of sensitive products and consequentially increasing business efficiency.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126397863","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Leadership Competency Framework for Industry 4.0 in the PostCOVID-19 Scenario","authors":"Julita Majczyk","doi":"10.18690/um.epf.5.2022.44","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.44","url":null,"abstract":"There is no single and ultimate leadership competencies framework, although expectations are evolving for such a framework, as can be observed in both scientific articles and reports on competencies for Industry 4.0 (I4.0). The aim of this study is to identify the leadership skills perceived as essential for I4.0 and describe the changes in the leadership skills curriculum caused by the spread of SARS-CoV-2. The author collected data from purposely drawn samples of nurturing leader process owners using in-depth individual interviews. A total of 26 programme owners from 22 large economic entities, in which the leadership development programmes (LDPs) operate, participated in the research. Qualitative data analysis was used to establish the effect of COVID-19 on the competencies for I4.0. Data indicate that the design of LDPs did not pay attention to the determinants of the economic environment known as I4.0, however, the LDP curriculum reflects the concepts and theories considered contemporary. However, the pandemic has affected the perception of a leader’s role as a caregiver. Therefore, the competencies added to the curriculum focus on building and maintaining positive relationships. Qualitative research does not allow for broad generalisations. Sample size, context of large companies, and perceptual data are additional limitations.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127754816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Sustainable Procurement on Doing Business","authors":"Rene Bizjak","doi":"10.18690/um.epf.5.2022.38","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.38","url":null,"abstract":"The purpose of this paper is to compare and present the theoretical findings of established authors with recent articles and literature on the topic of sustainable procurement and its impact on doing business. The goal of this paper is to connect theoretical knowledge of the above-mentioned topic with consumer attitudes towards current sustainability issues in trade as well as to analyse the introduction and impact of sustainable procurement in business based on a practical example. In this example, the author’s goal is to determine the effects of the introduction of the sustainable procurement model and its consequences on the social, economic and environmental aspects of doing business. Objective conclusions were reached that will help people from different fields to assess and understand the impact of sustainable procurement on doing business. This decade is crucial for balancing economic, environmental and social aspects, especially after the sobering period of the COVID-19 crisis, which highlighted several problems, including the issue or rather lack of the sustainable aspect of doing long-term business in both the public and private sectors.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"52 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131776529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Understanding Society 5.0 Jobs for Improving Education 4.0 – an Analysis in Python","authors":"Ceren Cubukcu Cerasi, Yavuz Selim Balcioglu","doi":"10.18690/um.epf.5.2022.17","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.17","url":null,"abstract":"Developments in science and industry have a direct impact on human life by contributing to development of societies throughout human history. Developments in information, internet technologies and Industry 4.0 accelerated the digital transformation of the industry. As a result, factories have been equipped with ‘smart’ technologies and new skills are needed to use these smart technologies. These skills have changed job descriptions and new graduates now start to work in jobs that never existed in the past. After the transformation from an industrial society to an information society with Industry 4.0, the aim is to reach Society 5.0 as a new level of social development. Therefore, graduates will need to have new skills to adjust to Society 5.0. In this study, International Standard Classification of Education 2020 data were analysed according to gender, age and educational level using machine learning in Python. The types of jobs that are most in demand were identified. Consequently, the sector and job preferences of new graduates were determined according to their educational levels. This study fills a gap in existing literature by analysing the trendiest positions in the industry so universities can prepare their students for these positions within the Education 4.0 framework.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133399780","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Changes in Initial Margin and Market Liquidity During the COVID-19 Pandemic","authors":"Kata Váradi, Kira Muratov-Szabo","doi":"10.18690/um.epf.5.2022.31","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.31","url":null,"abstract":"The main role of central counterparties is the clearing and settlement of trades. In order to fulfil this role, they need to maintain financial resources to cover losses due to customer defaults. One element of these resources is the initial margin requirements. In this paper the authors have analysed whether a change in the value of the margin was followed by a significant change in the market liquidity of the most liquid Hungarian stock – the OTP Bank Group – during the period of the COVID-19 pandemic. Market liquidity is measured based on the daily traded volume. The results show that in most cases, no changes in the abnormal daily traded volume are seen on the market following a margin change, which means that no evidence has been found that margin changes and traded volume are related. This result is good from a practical point of view, because it means that the activity of the central counterparty did not negatively affect the liquidity of the market during the COVID-19 period.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115482648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Zdenko Dezelak, S. Parusheva, Anjana Ashok, S. Bobek, Simona Sternad Zabukovšek
{"title":"A Comparative Analysis of User Experience of the Microsoft Teams, Google Meet and Moodle E-Learning Platforms","authors":"Zdenko Dezelak, S. Parusheva, Anjana Ashok, S. Bobek, Simona Sternad Zabukovšek","doi":"10.18690/um.epf.5.2022.10","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.10","url":null,"abstract":"Lately, user experience (UX) has become an important and frequently used approach to determine the perception of digital products and services. UX measures what users feel and sense directly while getting to know and using these products and services regularly. In this study, which was conducted in Slovenia and in Bulgaria, we have researched the UX of students related to the Microsoft Teams (MS Teams), Google Meet and Moodle e-learning platforms. We used a standard and freely available User Experience Questionnaire (UEQ) that was developed to measure the UX of interactive products and services. The preliminary research showed that the MS Teams obtained the highest score among all the measured UX scales. Google Meet had slightly lower values, while Moodle had the lowest average values. The data also show that in terms of pragmatic quality, MS Teams was rated the best followed by Moodle and Google Meet. The students find Google Meet the weakest in terms of the quality of its task-related aspects. The hedonic quality data shows MS Teams first, followed by Google Meet and Moodle. The results of the research have been analysed and discussed, and future research suggestions have been defined.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"160 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123231060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Defining and Evaluating the Information Content of Sustainability Reports","authors":"Enikő Mattiasich-Szokoli, Károly Szóka","doi":"10.18690/um.epf.5.2022.16","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.16","url":null,"abstract":"Environmental, Social and Governance (ESG) is a company framework that focuses on environmental, social and corporate governance sustainability. Incorporating ESG into company operations plays a significant role in investment decision-making and can provide a significant advantage over competitors. The challenge is that the ESG does not yet have uniform standards, but several international initiatives have been launched to develop these standards. The European Union's ESG reporting framework is already being developed and is expected to enter into force in 2023. The purpose of reporting is to show how the company fits into its global sustainability goals. The number and depth of ESG topics is significant. The chosen framework will determine which topics are relevant to the company. The aim of our study is to identify and examine financial, economic information and possibilities and methods from which the objectives set out in the Sustainability Report can be verified for both internal and external stakeholders; in this paper we deal with the private sector only. It is important to note that the preparation of a sustainability report will be dataintensive and successful reporting will depend on existing, welldesigned reporting systems.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130850471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does it Pay Off? Tool-supported Profitability Analysis of Alternative Drive Technologies","authors":"Stefan Bongard, Andreas Friesenhahn, Jacob Wolff","doi":"10.18690/um.epf.5.2022.35","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.35","url":null,"abstract":"The Corona crisis led to a variety of challenges in the logistics sector due to volatile demand and changes in demand behavior, as well as strong cost increases. In this respect, there is increasing pressure to reduce these costs in the future through innovative solutions. For road freight transport, the question arises as to whether alternative drives can achieve the goal of cost reductions and also have positive effects on climate protection. Logistics service providers are therefore not only faced with the problem of selecting a specific technology (e.g. Battery Electric Vehicles or Fuel Cell Vehicles) but above all with the problem of economic efficiency and evaluation of climate impacts. The aim of this project is to support the selection of alternative drives in corporate practice with a pragmatic practical approach. The Excel-based tool is characterized by the use of a direct costing based approach with fixed and variable costs as well as the structured collection of basic data (e.g. energy prices) and sample vehicle data for comparisons. As initial results of the case studies conducted shows, it can be stated that there are already use cases in which an alternative drive offers economic advantages over conventional combustion engine vehicles.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"117 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116187249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Issues of the Implementation of ERP in Manufacturing Companies","authors":"Nike Vrecl, Simona Sternad Zabukovšek","doi":"10.18690/um.epf.5.2022.33","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.33","url":null,"abstract":"An enterprise resource planning (ERP) solution is a system that combines business functions with the management and organization of data and information. Its purpose is to facilitate the flow of information between all business functions within an organization and to manage the organization’s connections with external stakeholders. Proper information management helps an organization to connect organizational units, which further encourages the process of communication and the immediate exchange of information between members of the organization, thus leading to improved organizational processes and better decision-making at all levels. It is important to be aware of the complexity of implementing an ERP solution. Without the support of top management, a proper business plan and vision, business process transformation, effective project management, user involvement, and education and training, organizations cannot reap the full benefits of such a complex system. For implementation to be successful, it is crucial to consider the critical success factors. Identifying these factors is important as it allows companies successfully implement an appropriate ERP solution. The purpose of this study is to discuss the implementation of ERP solutions in the manufacturing industry. The manufacturing industry has discovered the effectiveness of ERP, however, it also faces some challenges in its implementation.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127860071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Animesh Kumar Jha, Abhishek Vaish, Simona Sternad Zabukovšek, S. Bobek
{"title":"A Comparative Study of Metamorphic Malware Detection Techniques","authors":"Animesh Kumar Jha, Abhishek Vaish, Simona Sternad Zabukovšek, S. Bobek","doi":"10.18690/um.epf.5.2022.4","DOIUrl":"https://doi.org/10.18690/um.epf.5.2022.4","url":null,"abstract":"Malware is a major threat in the evolving global cyber space. The different detection techniques that currently exist are insufficient at detecting metamorphic malware, as they can change the internal structure of their code, thus keeping the flow of the programme equivalent to the virus. Commercial antivirus software depends on signature detection algorithms to identify viruses, however, code obfuscation techniques can successfully circumvent these algorithms. The objective of this research is to analyse the various detection techniques of such metamorphic malware used over the years and to unearth the strengths, weaknesses and advance research directions possible in the field of the detection of metamorphic malware.","PeriodicalId":217320,"journal":{"name":"6th FEB International Scientific Conference 2022","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115569170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}