If you are looking to buy a plot or house in gram panchayat layout which is part of HMDA, you are at the right place to know what all things are required to make sure you buy a legally verified property. I have my share of experience with this and I am sharing it for the benefit of bigger audience.
First thing you need to keep in mind while paying any amount to the vendor is to have an agreement on stamp paper. Even if its single rupee, have an agreement signed by the vendor while paying the amount. In…
Pharma manufacturing is one of the complex manufacturing industries when it comes to the manufacturing process and the operational constraints. It has similar processes that any process industry comes with but has additional Pharma specific complexities because of various regulations. So, Pharma manufacturing needs unique solutions to handle its unique constraints.
If you are a production planner, the following questions comes up daily in a production scheduling exercise.
Every production planner can answer the Level 1 set of questions using their in-house custom production scheduling software namely Spreadsheet. As we move on to the next level, the complexity and the…
Decision making is part of every business and Optimization is a widely used concept for decision making. Optimization concept when used in business context in any domain is not translating its true meaning. It is misunderstood by the business as a magic wand which gives the best decision or solution to all the problems. In most of the real life business scenarios, Optimization doesn’t lead to an optimal solution and users should be informed that it can’t solve anything and everything to optimal.
IT just means that it can help in decision making to improve the system that is modeled…
What is Digital Transformation? Is it a hype or real?
Is it about automation of jobs?
Is it about using mobiles/tablets/computers instead of paper/excel?
What transformations can happen?
What are decision making technologies?
Digital Transformation is a process of aiming at increasing the efficiency of the organization by embracing the digital technologies which will help in churning huge data from various sources and aid in decision making by generating insights from the data and automating repetitive tasks.
As an Organization/Supply Chain Executive/Planner, Why should I care?
Do you remember your Nokia phone? And yes mostly, you would be missing that…
What is our optimal distribution network?
How can we reduce the demand fulfillment costs?
Should we run an efficient supply chain or responsive supply chain or both? How can we achieve them?
Is our current facilities capacity enough for future growth? Or should we expand it?
Should we outsource some supply chain activities?
These are the questions that come to an organization’s mind while designing a supply chain strategy. The objective of designing a Supply Chain strategy is to prepare the organization at operations level to meet the direction set by the business. For example, Amazon business strategy is to…