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Implementation of service systems on the shop-floor level in financial service companies. Empirical evidence from Australia and Germany
Authors:Michael Leyer  Daniel Kronsbein  Richard Willis  Ayon Chakraborty  Jürgen Moormann
Affiliation:1. Institute for Business Administration, University of Rostock, Rostock, Germany;2. ProcessLab, Frankfurt School of Finance &3. Management, Frankfurt a.M., Germany;4. Information Systems School, Queensland University of Technology, Brisbane, Australia;5. Operations Management and Quantitative Technique, Indian Institute of Management Tiruchirapalli, Trichy, India;6. Management, Frankfurt, Germany
Abstract:This article presents the practices of Australian and German financial service providers regarding the implementation of shop-floor control within different types of service systems. The results delivered in this article should serve as a guideline for future research to develop and adapt methods for shop-floor control in financial service systems. Interviews with 25 experts from the Australian and German financial services industry reveal novel insights into the practice of shop-floor control, suggesting that methods and concepts from manufacturing are only used to a limited extent for shop-floor control. Shop-floor control is mostly used to react quickly to unexpected deviations due to a low usage of forecasts and information systems. Thus, there seems to be improvement potential in the financial services industry in comparison with in the manufacturing industry in terms of shop-floor control. Further research within the production research area should use the empirical insights to test and adapt existing methods and to develop new ones, taking cultural differences into account.
Keywords:shop-floor control  service system implementation  financial services  service operations
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