The main purpose for this article is to insist that the suppler management function of any organization should have a seat at the table when it comes to making major decisions that affect the concerned firm in one or another way. Supplier management function, in the coming generation, promises to play a major role in issues pertaining financial goals and strategic directions the company plans to take. Supply management in the coming generation focuses on developing a world class base of supply. The major reason as to why you should put...

Young IIT Solutions has developed a cold storage system that will immensely contribute towards zero food wastage. The cold storage system will be solar powered and therefore affordable to many people. The new storage system was developed by students of mechanical engineering at Science as well as Technology Enterpreneurship Park. Already the system has been tested successfully on a farmland in Karnataka. According to Pandy, the leader of the team behind this invention, the cold storage system is so unique in the sense that farmers will...

Most marketers think that just because they are interpreting their business into certain aspects of their day then they are successfully marketing. That mindset couldn’t be furthest from the truth. Just because someone is marketing it doesn’t always mean they are marketing purposefully and successfully. It’s important to always analyze your marketing strategy, change things that aren’t working, stay in touch with new marketing information on a day to day basis, and continue to complete income producing activities....

Asset Management Industry which is worth $14.3 trillion is currently facing numerous challenges in its struggle to provide returns. The size of asset management industry was worth $3.2 trillion in the year 2005. Back in 2013, the industry attained a record $7.2 trillion. By that time, there was a lot of money flowing into world’s asset management industry. Most investors were thinking that the money would generate more returns. According to Lawrence D. Fink, hedge fund industry has registered weak performance in the past few years.He...

An IT resource is delegated as any organization claimed data, framework or equipment that is utilized as a part of the course of business exercises. The IT resource administration handle normally includes gathering a nitty gritty stock of an association’s equipment and programming and after that utilizing that data to settle on educated choices about IT-related buys and redistribution. By staying away from pointless resource buys and making the best utilization of current assets, IT resource administrators can dispose of waste and...