globusjournal

Indian traditional retail, which has a long history, is currently faced with two challenges: competing with e-commerce giants while adjusting to the changing demands of consumers who are tech savvy. Metro cities, where consumer preferences and rates of technological adoption are at their highest, are particularly affected by these difficulties. E-commerce and traditional retail are two different but related shopping concepts. Traditional retail delivers concrete, in-person interactions that let shoppers examine things in-person before making a purchase. It encourages instant reward, close relationships, and sensory involvement. On the other hand, e-commerce provides unmatched ease by letting customers shop and make purchases from any location. For decision-making, it makes use of individualised recommendations, a wide selection of products, and internet reviews. Although e-commerce frequently has cheaper overhead expenses than traditional retail, it lacks the sensory elements of that industry. Whether a customer prefers digital transactions for convenience or experiential shopping depends on their interests. The two methods coexist, and some shops have adopted omnichannel strategies to combine the advantages of the two methodologies. This paper discusses about scenario of traditional retail versus online shopping in India.

Keywords: Traditional Retail, Online Shopping, India, Customer.

The role of the supply chain is particularly significant in the organized retail industry that exists in India. This is because the Indian client needs a diversity of product mix at prices that are within their price range. It is the supply chain that ensures to the customer in all of the numerous offerings that a company decides for its clients, whether it be pricing, service, or the swiftness in responding to the ever-changing preferences of the customer. A supply chain, when viewed from an analytical perspective, is nothing more than a network of material processing cells with characteristics such as supply, transformation, and demand. Management of a network of interconnected businesses is what is meant by “supply chain management.” These businesses are all involved in the eventual provision of product and service bundles that are required by end customers.

Keywords: Supply Chain Management, Business, Innovation, Risk, Customer.

Urban space is limited and majority of the world’s population is currently residing in urban areas, which has led to an increase in population density. Because of this, there is a tremendous amount of pressure placed on the land that is already available, and it is imperative that limited urban space be utilized effectively. The construction of high-rise structures enables communities to make the most efficient use of land while yet being able to accommodate an increasing number of citizens as well as companies. As concerns about climate change and the degradation of the environment grow more intense, modern society seeks more sustainable solutions. When designed with environmentally friendly elements such as green roofs, energy-efficient systems, and rainwater harvesting, high-rise structures have the potential to drastically lessen their impact on the surrounding environment. Because urban land is so expensive, building horizontally is sometimes impractical because of the high construction costs involved. High-rises provide an economically viable option for developers, enabling them to optimize returns on investment by housing more units or companies in a smaller area. This allows high-rises to have a smaller overall footprint. As the population of cities grows, the amount of congestion in their transportation networks increases. When they are positioned in such a way as to be in close proximity to major transportation hubs, high-rise buildings facilitate effective urban mobility and cut down on the amount of time spent traveling. Sustainability is a major consideration in the design of contemporary apartment complexes and office towers. In order to lessen their impact on the environment, they are designed with eco-friendly elements such as energy-saving systems, green roofs, and cutting-edge materials. It is now normal practice to work toward earning certifications in green building practices such as LEED (Leadership in Energy and Environmental Design) and others.

Keywords: Building, Sustainability, Construction, High-rise.

Polymers are lengthy chains of molecules that have qualities that are primarily determined by the chain behavior of the molecules and the nature of their chemical constitution. The distinction between thermoplastics and thermosets is becoming increasingly difficult to make as a result of the development of new materials that can function in settings that are more demanding than those that existed in the past. They include high performance polymers that are more resistant to high temperatures, have greater moduli or strengths, and can be mixed with additives to boost their intrinsic capabilities even further. In addition, high performance polymers can be combined with additives. In the field of molecular engineering, having a grasp of the atomic and molecular construction of polymers provides an insight into how improved materials might be generated. It entails having knowledge of both the molecular arrangement and the conformation of the molecule. The paper deals with the chemical constitution of polymers.

Keywords: Chemical, Polymer, Molecules, Complex.

The study of the behaviour of eigenvalues in heterogeneous environments might benefit greatly from the utilisation of numerical simulations as an analytical tool. They contribute to the comprehension of complicated systems through the insights, visualisations, and quantitative data that they provide. Researchers and engineers are able to make more educated decisions and discoveries with the help of numerical simulations. This is because numerical simulations correctly capture the behaviour of transmitted eigenvalues.

Keywords: Eigenvalues, Heterogenous, Environment, Simulation.

In modelling and analysing queuing systems, stochastic processes are crucial. Queuing systems examine how individuals (commonly referred to as “customers”) come at a location where services are provided, wait in a line if necessary, and then receive assistance from one or more servers. These systems have a wide range of applications in many industries, including manufacturing, transportation, computer networks, and telecommunications. The unpredictable demand for a finite supply of resources is always the cause of lines and wait times. It is common practise to refer to “customers” as being “served” by an abstraction. The average number of clients waiting in queue and the amount of time that should be expected to pass before being allowed entry to the service facility are two examples of typical performance metrics.

Keywords: Queuing, Stochastic, Service.

A crucial area of study in the nexus of mathematics, physics, engineering, and other scientific fields is modelling and simulation of partial differential equations (PDEs). PDEs are basic mathematical equations that are used to explain many different aspects of nature, such as heat transport, fluid dynamics, electromagnetism, and many others. PDE modelling and simulation are crucial tools for understanding intricate physical processes, forecasting system behaviour, and creating ideal solutions to practical issues. Partial differential equation (PDE) modelling and simulation is a potent and crucial method used in many scientific and engineering domains to analyse complicated physical processes and phenomena. The partial derivatives of unknown functions with respect to several independent variables, such as time and space coordinates, are part of PDEs, which are mathematical equations.

Keywords: PDE, Model, Mathematical Equation.

With many startups entering the financial and banking sectors, India has recently seen a tremendous uptick in entrepreneurial activity. By bringing innovative business strategies, utilising technology, and filling market gaps, startups in the banking sector are transforming the sector. But to ensure their long-term viability and success, these endeavours must carefully consider a wide range of dangers. Understanding the risks particular to startup projects in the banking industry is crucial for a variety of stakeholders, which is the significance of the study. Entrepreneurs and startup founders can establish thorough risk management plans by gaining insightful knowledge about the various difficulties they may face. This study can help financial institutions and regulators better understand startup dynamics, promote efficient risk assessment, and contribute to the development of a positive ecosystem.

Keywords: Startup, Business, Innovation, Risk, Customer.

The development of rural areas in India is a complex task that necessitates a comprehensive approach incorporating many technology solutions. This abstract examines the essential role that technology plays in improving the socio-economic conditions of rural India. The implementation of information and communication technology (ICT), digital banking, agricultural advances, renewable energy, and e-governance are crucial in the process of modernizing rural communities. Information and Communication Technology (ICT) enables improved accessibility to information, education, and healthcare services, hence reducing the gap between urban and rural areas. Digital banking facilitates financial inclusion by providing secure and efficient transactions, ultimately empowering rural populations economically. The implementation of agricultural technologies, such as precision farming and mobile-based advising services, improves both production and sustainability in the agricultural sector. Renewable energy options, such as solar and biogas, offer dependable sources of power, decreasing reliance on traditional fuels and advocating for environmental sustainability. E-governance efforts optimize administrative procedures, enhance transparency, and guarantee efficient implementation of government programs.

Keywords: Rural Development, Technological, ICT.

Remote Sensing satellite image provides temporal as well as high resolution information about the changing dimensions of urban landscape. The climate in and around cities and other built up areas is altered due to changes in land use / land cover and anthropogenic activities related to urbanization. The advantages of using remotely sensed data are the availability of high resolution, consistent and repetitive coverage and capability of measurements of earth surface conditions.

To extract the land use / land cover information, various indices based on satellite imagery are derived and thematic maps are prepared. Extraction of land use / land cover features is based on three indices to represent major urban land use classes. The urban land use is generalized in three categories i.e. built up land, vegetation, and open water. The, three indices used, represents the three major land use categories. Three indices which are derived to represent urban – land use / land cover categories are vegetation, water bodies and built-up are: Normalized Differential Vegetation Index (NDVI), Modified Normalized Differential Water Index (MNDWI), and Normalized Differential Built-up Index (NDBI).

Keywords: Remote Sensing, Thermal Image, Land Surface Temperature, Indices.