SCRAP MANAGEMENT IN APSRTC – A STUDY AND ANALYSIS
Journal Title: International Journal of Marketing and Technology - Year 2011, Vol 1, Issue 6
Abstract
The economic development of any country largely depends on the transport activity. Among the various modes of transport available, the road based transport is widely accepted because of its peculiar advantages. In India, the public transport undertakings are facing heavy competition from private ownership and operating in an environment of privatization. One among the various reasons for getting losses in transport undertakings is the absence of proper scrap management policies. The present work is a study on the practices of scrap management of Andhra Pradesh State Road Transport Corporation. The effectiveness of scrap management policies is measured in terms of obsolete materials, number of vehicles scrapped, revenue on the materials scrapped, and the revenue realized on the sale of scrap materials and vehicles, the share of scrap revenue in the total non-operating revenue and in the total revenue, and percentage of scrap inventory in the total inventory. The data have been analyzed using various statistical tools. The results indicate that the scarp management practices of the corporation were good.
Authors and Affiliations
Dr. K. Sai Kumar
Keywords
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