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#FMCG company.... like take the hint)
kxowledge · 4 years
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I’m trying to (a) get some money to pay for my living expenses while I am stuck in a foreign country for a couple of months during the covid19 outbreak and hence cannot find work and (b) get some experience freelancing, and (c) have a blast doing this because I actually enjoy it a lot.
So, I’m offering here -  to my followers but not only - my services. 
Specifically:
 For a small fee of 5£ I’ll help you with:
CV OR cover letter OR personal statement (reviewing)
+5£ if you are trying to write from scratch and need help with that (must be willing to spend some time talking to me about your      previous experiences, goals, life, etc.)
I have experience with CVs for positions in: management      consulting, finance, tech start-ups, translation, retail, telecoms, hotel management and catering, social media marketing, event planning, sales.
My experience related to personal statements in only with UK      universities in either economics or humanities (lang & lit, history)
Essay proofreading & editing
Previous experience in economics, sociology, history, comparative      lit, psychology - but I’m open to any topic
 Max 10 pages (more than that? Let’s talk about it)
Writing advice for Italian
Correction of short texts (2-4, unless very long – total approx. 3      pages) and explanation of vocabulary usage / grammatical rules
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Market research
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Feel free to contact me! Please reblog! I’ll be stuck here for the next two month and I need some distraction
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trademarkmaldives · 4 years
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Emami Limited, an Indian conglomerate company headquartered in Kolkata, has quite recently raised objections to industry peer Hindustan Unilever Limited – rebranding its skin products in the men’s range as ‘Glow & Handsome’ – by claiming Trademark Rights over the name. The home-grown FMCG has also hinted at initiating legal proceedings as it has already changed the name of its men’s fairness cream to ‘Emami Glow & Handsome.’
In a recent statement delivered, Emami, the maker of ‘Fair and Handsome’  brand of men’s grooming range,  mentioned that the company is indeed shocked to know about HUL’s decision of renaming its men’s skincare range from ‘Fair & Lovely’ to ‘Glow & Handsome.’ According to Emami, it is, at present, the market leader in the field of men’s fairness cream by having legal ownership of all the trademarks in place.
The Kolkata-based FMCG Company also said that it is only shocked and not surprised to observe HUL’s unfair business practice as HUL has been prevalent time and again to damage Emami’s brand image and reputation in the market. The company further added that it would soon be getting in touch with its legal experts to address this issue and related concerns.
The Indian subsidiary of Unilever PLC (a British-Dutch multinational company), HUL, recently stated that it is now rebranding its widely known skincare brand ‘Fair & Lovely’ as ‘Glow & Lovely’ after giving up on the word ‘Fair’ in the name. It also mentioned that its men’s skincare range would be called ‘Glow & Handsome.’
As per various reports, HUL had approached the Controller General of Patents, Trademarks, and Designs, a while ago, to get the name ‘Glow & Lovely’ registered.
Multiple cosmetic brands have been under the scanner for quite a while now over their products that promote skin fairness for stereotyping racial types. Moreover, the same has been intensified further in the wake of the ongoing ‘Black Lives Matter’ protests in the West.
Quite recently, Johnson & Johnson (J&J), the US FMCG and healthcare giant, has also stopped the sales of its skin whitening creams worldwide, including India.
The French personal care company, L’Oréal Group, has mentioned in a recent statement delivered that it shall remove words, like fair, fairness, white, whitening, and so on, from all its range of skincare products.
As of now, HUL has not delivered any comments on the entire matter. For view source: https://www.trademarkmaldives.com/blog/twitter-takes-down-image-tweeted-by-president-trump-over-copyright-claim/
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shrikrisharathod · 4 years
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Dry Eye Drugs   Market is Booming Worldwide with Top Key Players like  TRB Chemedica, Sun Pharmaceutical, FCI S.A.S.
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A new study titled Global Dry Eye Drugs   Market 2019 by manufacturer, regions, type and application will be predicted in storage by 2025. This report provides hints on business sections related to competitive landscape mapping to facilitate financial, forecasting and sharing trends. This report tends to inform readers about current and future market scenarios up to the forecast period limit of 2025. The report is comprehensive, highly effective, and efficiently and fully analyzes data about the market. The commanding players in the market along with their share are demonstrated.
Key Players Mentioned: Santen Pharmaceutical, Novartis AG, Valeant Pharmaceuticals, Allergan, Otsuka Pharmaceutical, Mitotech S.A., FCI S.A.S., Shire, Sun Pharmaceutical, Johnson & Johnson, Senju Pharmaceutical, TRB Chemedica, Sentiss Pharma Request Sample @t: https://introspectivemarketresearch.com/request-samples.php?_id=9&_sid=1653
 The research report is collated on the basis of historic and forecast data derived by using primary and secondary methodologies by researchers. The global Dry Eye Drugs   Market is one of the fastest-growing markets and is expected to witness substantial growth in the forecast years. Reader are provided easy access to thorough analysis on the various aspects such as opportunities and restraints affecting the market. The report clearly explains the trajectory this market will take in the forecast years.
Product Segment Analysis: Artificial Tears, Secretagogue, Punctal Plugs, Anti-inflammatory
Application Segment Analysis: Hospital Pharmacies, Drug Stores, Online Pharmacies
Regional Segment Analysis: USA, Europe, Japan, China, India, South East Asia
This part of the report offers a thorough and comprehensive info regarding the various manufacturers on the marketplace. The significant manufacturers covered in the accounts maintain substantial share that demands a microscopic look. It gives vital information about different strategies implemented with these producers to fight competition and expand their footprint in the market. Additionally, it surveys the recent trends adopted by the producers to innovate their product to your long run. This report is organized in this way in order to aid the reader know the sector and make company decisions accordingly. Inquiry @t: https://introspectivemarketresearch.com/Enquiry-before-buying.php?_id=9&_sid=1653
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Key Highlights: - Key insights and dynamics of the Dry Eye Drugs   industry. - Comparison of Dry Eye Drugs   segments, along with premium trends and key profitability ratios. - A comprehensive overview of the economy, government initiatives, investment opportunities and enterprise structure. - Dry Eye Drugs   regulatory framework's evolution, key facts, taxation regime, licensing and capital requirements. - Dry Eye Drugs   industry's market structure giving details of retail and commercial lines of business. Global margarine market analysis by Trend , Size, Growth and Forecast to 2019-2025
About Us: Introspective Market Research is a visionary research company who is ready to assist their customer to flourish their business by offering strategies for gaining success. We sell market research reports received from other leading companies in the market research industry which offer in-depth and trustworthy information on different topics and sectors. The IMR founded by the team of experts and experienced professionals in the industry. The team is focusing on offering the empirical data collected from experts that can be the base for the next few years. The Aim of the company is to offering reports from numerous sectors such as FMCG, technology, food beverages, media, chemical, and healthcare among others. Contact Us: 3001 S King Drive, Chicago, Illinois, U.S.A 60616 +1-773-382-1047 Email: [email protected]
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swedna · 4 years
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Whenever the economy goes into a downward spiral, policies aligned with growth ambitions are a far cry and the industry suffers, vocal leaders of India Inc are usually the first ones to raise the red flag. But not against the BJP-led government in 2019, except a few.
Those who stood out were the likes of Rahul Bajaj, Kiran Mazumdar-Shaw and Ajay Piramal for their words in an otherwise seemingly insulated, blissful world of their fellow corporate leaders even when India's rapidly slowing GDP growth touched a six-year low at 4.5 per cent in the second quarter as manufacturing output slumped and consumer demand as well as private investment weakened.
In visible signs of economic woes, the auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses. In the FMCG sector, concerns persisted that consumers were thinking twice even before buying a Rs 5-pack. The telecom segment continued to be under the pump, so was the stressed power sector.
Adding to the problems, non-performing assets plagued banks while two major non-banking financial companies (NBFCs) -- IL&FS and DHFL -- crashed. Still, the leading lights from India's corporate world could not hold up the mirror to the government.
For once, it was the "silent Prime Minister" -- Manmohan Singh, now a vocal Opposition member -- who did the talking on behalf those who blamed him for 'policy paralysis' and criticised him while he was at the helm for being weak, indecisive and silent.
Writing on The Hindu newspaper on November 18, Singh wrote that there was "a palpable climate of fear in our society today".
"Many industrialists tell me that they live in fear of harassment by government authorities. Bankers are reluctant to make new loans, for fear of retribution. Entrepreneurs are hesitant to put up fresh projects, for fear of failure attributed to ulterior motives. Technology start-ups, an important new engine of economic growth and jobs, seem to live under a shadow of constant surveillance and deep suspicion," he wrote.
Not long after, at an event organised by the Economic Times in Mumbai on November 30, where Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, and Commerce Minister Piyush Goyal were present, industrialist Rahul Bajaj spoke about the government's stifling of criticism, among other things.
This environment of fear, it's definitely on our minds. You (the government) are doing good work; and despite that, we don't have the confidence that you'll appreciate criticism, the veteran industrialist said.
His apprehensions of criticism not being appreciated was met with a tweet by Sitharaman, who said, "...Questions/criticisms are heard and answered/addressed. Always a better way to seek an answer than spreading one's own impressions which, on gaining traction, can hurt national interest".
Bajaj found support from Biocon CMD Kiran Mazumdar-Shaw who hoped that the government would reach out to India Inc for working out solutions to revive consumption and growth.
"So far we are all pariahs n (sic) govt does not want to hear any criticism of our economy," she had tweeted.
Replying to Sitharaman's response to Bajaj, Shaw retorted, "Madam we are neither anti-national nor anti-government".
Shaw further said, "We want you to succeed big time as fastest growing economy n (sic) rise to the top of the global league of economies. I am a proud apolitical National n (sic) only want the Govt to promote good policies including at State level."
RP-Sanjiv Goenka Group Chairman Sanjiv Goenka, however, disagreed with Bajaj's views and asserted that there was no fear among industrialists.
Speaking at the India Today Conclave East 2019, Goenka lauded the Narendra Modi-led government for taking up steps to reach out to the common man and bring structural changes.
"For the first time in several years, I see the will and the determination to do a structural change. In the past, it was pretty much the way it was. For the first time, I see changes at different levels," Goenka said.
To be fair to Piramal Group Chairman Ajay Piramal, it was he who first mustered up the courage to tell the government in September that all was not well in the relationship between the industry and the ruling dispensation, and that mistrust between government and businesses was growing due to frequent raids, searches and lookout notices by various agencies on corporates.
"Today, I see there is a gap, there is mistrust between the people who are in power and the people who are wealth-creators," he said.
"Why do we need to have everything criminalised if there is a charge of an offence against you? With so much of information available, with so much of data available, do you need to have searches and raids? Do you need to have lookout notices issued? It does not give a positive feeling to any businessman," Piramal asked.
He further said "what is critical is that wealth-creators get the respect they deserve."
A little before him, L&T non-executive Chairman AM Naik had raised a faint voice while speaking on the sidelines of the company's AGM in August, hinting to challenging times faced by private sector to make investments. Asking where the liquidity and the money was, he reminded the government, "Lots of promises were made during the elections, and you have to fulfil them now."
The industry veteran also raised questions on government data credibility, saying one has to use his or her own judgement while believing in the official numbers.
Towards the fag-end of the year, some more leaders joined in to raise their concerns.
Even when India climbed 14 rungs in the World Bank's Ease of Doing Business ranking to stand at the 63rd position and figured among the world's top 10 most improved countries, Bharti Enterprises Chairman Sunil Mittal wanted more, so did his fellow industrialist and industry chamber CII president Vikram Kirloskar, who at a pre-Budget meeting with Sitharaman spoke about further ease of doing business.
In 2020 the industry will hope to have more freedom to perform and even more freedom in raising concerns to the government without fear.
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warmdevs · 4 years
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New Post has been published on https://warmdevs.com/iot-solution-to-supply-chain-management.html
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.
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promarketo-blog · 5 years
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Digital Marketing for FMCG companies
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Digital Marketing for FMCG companies is bringing revolution in FMCG industry as it is changing the image of marketing everywhere. The world is full of tremendously working for industries or companies. But, if we talk about the whole mass marketing industry, then it’s the only one, i.e., FMCG Company (Fast Moving Consumer Goods). No other companies can compete with the FMCG sector in mass media marketing. Hence, FMCG depends on marketing for its sales. Now days everyone is looking for online help if they want something. So Digital Marketing for FMCG Companies will boost their reaches, Increase engagements and improve business growths.
With the boom of technology in the era, the trend of doing things online is more preferential then offline. Then, what steps the FMCG Companies must take in that context? The concept is very straightforward as the Industry sees online-medium as one another medium to interact with the customers besides the offline sales.
Google-BCG’s recent reports reveal the statistics for digital marketing with FMCG industry. The expectation is that by 2020 because of the digital marketing influence, FMCG consumption will increase by USD 45 billion.
The number of internet users’ increment is itself a hint that digital marketing companies are creating their space for the marketing of products. Now, all this can easily give us the idea that what a vital role digital market will play in the determination of total revenue.
For selling a product, the agenda of the company is to set the authenticity of the product among the customers. Digital marketing helps in that by the proper execution of strategies which attract a lot of customers to show their interest in the concerned product.
The impact of Digital Marketing For FMCG Companies are already visible. And, for digital marketing thing, Promarketo is a premier agency with proven results. The agency is very much passionate about utilizing the power of the internet to give rise to any business. If you are searching for ways to boost up the brand awareness, then Promarketo Digital Marketing Agency will help to bring the right audience for your business.
Digital Marketing for FMCG Companies.Search Engine Optimization
Search Engine Optimization Services For FMCG Company is the first one on the list. It helps your website to be in the spotlight always. As there is a massive population explosion in the World Wide Web, your website needs an excellent boost to attract people.
And, this service you can quickly get from the Promarketo agency because they have perfect gadgets and gear to make your website for singing a song to the captivating world. Promarketo captivates the audience with their SEO techniques.
Web Design
Web Design is second on the list. Then it comes to result on the web, Promarketo Web Design Services recognize the significance of functionality, great design, clean coding, and proper optimization.
It helps to ensure the excellent user experience and better rank of search engine for your online presence. Most importantly, websites created by Promarketo is according to the custom and individual needs.
Social Media Service
Social Media Service For FMCG Company is third on the list. Generally, millions of businesses, whether big or small, connect with the people on Social Media. The fans and followers from social connections help a lot in growing the business. So, let them explore your brands.
Google/Bing Ads – PPC
Google/Bing Ads – PPC is fourth on the list. It is like paying for the working ads. Promarketo Marketing Services Generate quality leads to get a huge ROI. It’s all about presenting your business to the highly targeted audiences, which is of great interest. And drive them to visit your product page.
Photography & Graphic Design
Photography & Graphic Design is fifth on the list. The first impression is the last and until the first impression isn’t right, how it will attract the readers. Promarketo Graphic and Designing Services will help you to create an unforgettable first impression.
Their concept is all about that you create the pose and they will shoot. Promarketo provides all the facilities, icons, images, logo, and info-graphics. So, your beautiful story will get visualize to the consumer in the way you want.
Content Writing Services
Inbound Marketing Services For FMCG Company/Content Writing Services is sixth on the list. Promarketo Content Writing Services offer customer demanding content. The content by Promarketo is very much engaging.
Also, the content is readily available on search engines like Google and Bing. For the assurance the high-quality content delivery, Promarketo adheres to their best practices so that it gets linked to quoted, and shared by users.
E-commerce Management
E-commerce Management is seventh on the list. Promarketo e-commerce Management Services makes the portal intuitive and user-friendly. These services provide a new opportunity for e-commerce growth.
B2B Marketing Services
B2B Marketing Services is eighth on the list. Your primary focus must be on turning the new leads into an active customer. Promarketo B2B services help you to focus on generating leads, get good website traffic, and build the awareness of your brand.
Promarketo goes deep to find the best in your brand. Then, it packages them up into compelling B2B content marketing strategies that pull prospects into quality leads, book more meetings, and supercharge your sales.
Marketing Automation
Marketing Automation in ninth on the list. Promarketo Marketing Automation helps you to learn who is reading, sharing, taking action, and clicking your marketing campaigns—where, when, and on which device.
Moreover, Promarketo helps you in creating personalized customer journeys that respond to your action behavior. With all this, you can easily track the progress with real-time reporting and analytics.
How Digital Marketing can Benefit FMCG Brands:
Digital Marketing for FMCG companies can Increase the Business Growth.
Hiring a Digital Marketing Agency is very much beneficial. Some of the benefits are listed as follows:
The reports of Industry reveal that online costumers spend more than offline costumers on the FMCG companies. FMCG consumption will be affected digitally by 65% till 2020. Thus, investment in digital marketing is a smart decision by FMCG.
Since people prefer to buy FMCG products from well-established companies, digital marketing is the most economical way for new players to compete against well-established players in the FMCG industry.
In the FMCG industry, the market is full of similar products. Unless the product is innovative, it is very challenging to sell it. Thus marketing plays an essential role in making sales. Notably, the digital marketing has the potential to reach a maximum number of the target audience with meager investment in comparison with traditional marketing.
Digital marketing for FMCG companies is a platform which provides the opportunity to market your brand 24×7. Thus, it is possible to easily reach to the billions of FMCG customers worldwide with the help of digital marketing.
Digital marketing helps to create awareness of the brand by having a strong presence on social media. Also, online conversations enable marketers to identify the current FMCG trends, analyze consumer behavior, enhance customer satisfaction, simplify performance tracking, and extend the scope for further improvement.
Digital marketing helps to identify the potential FMCG influencers available on social media. By recognizing influencers based on their qualifications, popularity, and followers on social media, you can easily decide the suitable influencer for the target audience.
Digital Marketing ‘notify’ for a product, rather than ‘selling’ it. It helps a great deal, especially for FMCG consumers who dislike being ‘forced’ into buying a product.
Digital marketing helps in identification for the FMCG competitors and their strategies to attract consumers through their social media activities.
All and all, digital marketing for FMCG companies plays a very crucial role in the. And, the services provided by Promarketo Digital Marketing Agency are incredible. So, if you are also looking for creating your brand, prefer Promarketo Agency. Till then,
Happy Marketing!!
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How to become a great boss and CEO ##freetutorials ##UdemyFreeCoupons #boss #CEO #Great How to become a great boss and CEO What is the aim of this course? It’s not easy to transition first from an efficient specialist to a manager and later on to an outstanding CEO. What made you a great specialist quite often is a problem at a manager level. You have to totally switch the way you work and on what you concentrate. The same goes for your transition from manager to CEO. Being a CEO is not just managing a bigger team or more senior team. If you want to be successful you have to fully redefine your role, unlearn some things and learn new skills. Most of the people have problems with those sort of transitions. If all you have is a hammer, everything looks like a nail. This old saying is unfortunately very true when you move to managerial positions. You tend to continue doing things that made you successful but what I got you here won’t get you there. 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On many occasions I had to grow, coach and supervise manger, directors and CEOs.  On the basis of what you will find in this course I have trained in person over 100 consultants, business analysts and managers who now are CEOs, Board Members , Operational  Directors, COO, Investment Directors, Directors in Consulting Firms, etc. On top of that my courses on Udemy were already taken by more than 40 000 students. I teach through cases and provide practical tips without too much beating around the bushes   Why I decided to create this course? Transitioning form a specialist to a managerial position is extremely difficult. Still, most of your supervisors will not really provide you much support and guidance. That you may need. That’s why I have decided all the practical tips and rules of thumbs that I have learned over the last 14 years into this course. 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There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn: How to be an efficient and effective manager How to be an efficient and effective CEO How to understand the business from the position of a CEO How to improve the business as a CEO How to make your business strategically sustainable You can also ask me any question either through the discussion field, messaging me directly or talking to me on the phone.   How the course is organized? The course is divided currently in 5 sections and I will be adding new sections to address other important issues. Currently you will find the following sections: Introduction. We begin with little intro into the course as well as some general info on management How to be an efficient manager. In the second section I will discuss the main rules you have to follow to become a great manager. I assume that you have already master being an efficient specialist and now you have to transition to the new role of a manager. How to be an efficient CEO. In this section I will discuss the main rules you have to follow to become a great CEO. This will be a short      introduction and I will provide you with some practical tips How to understand the business as a CEO. In the 4th section I will discuss the ways in which you can try to understand the business that you have to manger and grow. I will also try to provide you with nice examples that will show you in practice how you can proceed. How to improve the business as a CEO. In this section I will discuss how you can look for ways to improve your business in a structured and organized manner. Your role as a CEO is to pick things that the business will do and things that the business will not do. I will be adding new sections and lectures in the coming months   You will be able also to download many additional resources Examples of tools that you can use Excels with analyses shown in the course Presentation of slides show in the course Links to additional presentations and movies Links to books worth reading   At the end of my course, students will be able to… Define what to do and what not to do as a manager or CEO Manage efficiently your team Find ways to improve and grow the business Make your business strategically sustainable Improve sales in Retail, FMCG, B2B service, B2C services Who should take this course? Who should not? Managers Directors CEO Startup founders Small and medium business owners Management Consultants Who this course is for: Managers (future or current) Directors CEO Startup founders Small and medium business owners Management Consultants 👉 Activate Udemy Coupon 👈 Free Tutorials Udemy Review Real Discount Udemy Free Courses Udemy Coupon Udemy Francais Coupon Udemy gratuit Coursera and Edx ELearningFree Course Free Online Training Udemy Udemy Free Coupons Udemy Free Discount Coupons Udemy Online Course Udemy Online Training 100% FREE Udemy Discount Coupons https://www.couponudemy.com/blog/how-to-become-a-great-boss-and-ceo/
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bharatiyamedia-blog · 5 years
Text
Maruti posts steepest decline in gross sales in eight years in Could; what does demand droop inform us about state of Indian financial system
http://tinyurl.com/y6nlvzqc Automobile sale traits within the month of Could is an eye-opener for Indian policymakers methods to raise the sagging financial system. India’s largest carmaker Maruti posted a major 22 % decline in total gross sales in final month. In accordance with a Kotak report, that was the steepest decline in gross sales volumes previously eight years. Maruti bought 13,4641 models in Could. Its home volumes declined by 23 % y-o-y, whereas exports decline by 2 %. One spotlight of its gross sales efficiency is that the small car–entry and compact hatchback/sedan automotive segments—which a first-time automotive purchaser sometimes goes for, declined by 25 % y-o-y in Could 2019. The story isn’t very totally different from truck makers as effectively. Mahindra gross sales quantity declined by three % and tractor gross sales volumes declined by 16 % on a year-on-year foundation, indicating the demand droop in rural India. Equally, Escorts reported an 18 % y-o-y decline in tractor volumes led by 20 % y-o-y decline in home tractor gross sales. Hero Motocorp’s volumes declined by eight % y-o-y in Could 2019. Royal Enfield’s volumes declined by 17 % y-o-y in Could 2019. Now, what’s the significance of those gross sales figures? Representational picture. Reuters. When GDP numbers are subjected to debate on high quality, the easiest way to grasp the well being of the financial system is to take a look at major information pointers. One such information set is automobile gross sales. It tells us so much about how the financial system is performing—if it does effectively, individuals purchase extra automobiles; if issues aren’t wanting up, gross sales dip. Could was such a month. One can pretty assume that the general weak point in client demand continues within the financial system. We don’t understand how the FMCG corporations did in Could; that information will come solely when the June quarter figures are launched, however the pattern in FMCG and automobile gross sales can’t be vastly totally different. However until March, information factors to a disappointing image. In accordance with the score company, ICRA, the income progress for FMCG within the fourth quarter has hit a six-quarter low. What does the demand droop imply for the RBI coverage this week? It will be a shock if the financial coverage committee (MPC), the rate-setting panel, doesn’t reduce price by 25-50 foundation factors this week voicing its expectations that decrease coverage charges will assist the financial system assist the patron demand. In truth, the bond market is already anticipating a price reduce. On Monday, India’s 10-year bond yield fell beneath 7 % to six.95 %—it’s lowest since late 2017, Bloomberg reported. Within the April RBI coverage, when the MPC had reduce the coverage charges by quarter bps, it had left sufficient hints of a future price reduce by saying: “Ought to the latest slowdown in home financial exercise intensify, it could have a bearing on the outlook for inflation on this class.” With a fiscal stimulus nonetheless at a low likelihood, the financial stimulus turns into crucial to stimulate the financial system. A 25-50 foundation factors price reduce will probably comply with a nudge from the central financial institution and the federal government (majority proprietor in state-run banks) to go on the speed reduce profit to the end-consumer. How a lot of this shall be handed on to the end-consumer is one thing one wants to attend and watch. Indian banks are infamous for ignoring the central financial institution’s calls to decrease charges for end-consumers. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function() {n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)} ; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '259288058299626'); fbq('track', 'PageView'); (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "http://connect.facebook.net/en_GB/all.js#xfbml=1&version=v2.9&appId=1117108234997285"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); window.fbAsyncInit = function () { FB.init({appId: '1117108234997285', version: 2.4, xfbml: true}); // *** here is my code *** if (typeof facebookInit == 'function') { facebookInit(); } }; (function () { var e = document.createElement('script'); e.src = document.location.protocol + '//connect.facebook.net/en_US/all.js'; e.async = true; document.getElementById('fb-root').appendChild(e); }()); function facebookInit() { console.log('Found FB: Loading comments.'); FB.XFBML.parse(); } Source link
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elizabetdfhmartin · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
https://ift.tt/2IKt7Th
0 notes
waltercostellone · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
https://ift.tt/2IKt7Th
0 notes
dustinwootenne · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
https://ift.tt/2IKt7Th
0 notes
joannlyfgnch · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
https://ift.tt/2IKt7Th
0 notes
aracecvliwest · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
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jeanshesallenberger · 6 years
Text
IoT solution to supply chain management
From the nearest local supermarket to the biggest retail or e-commerce companies like Amazon, the one thing they share in common is the same thing that makes them a class apart and it is supply chain management (SCM). In this increasingly connected and globalized world, almost every product from coffee mugs, toothbrushes, apparels to cars, building materials etc., are supplied from different parts of the world. Hence, proper supply chain management is a key to every consumer-based business.
How likely would Amazon still be in business if their SCM were poor? Given the financial and technical resources the large companies possess, they employ a complex set of SCM solutions however they are still affected and fall short of being efficient when it comes to dealing with certain factors like intermediary channels, lack of visibility of assets etc. With the world spending on IoT to reach an estimated $772.5 billion in 2018, IDC further estimates that the connectedness would improve the productivity in manufacturing supply chain by 15%. Hence it does seem that the current SCM solutions irrespective of the industry are far from being called efficient.
Smart supply chain is seen to be the ultimate solution for the existing problems. It makes the asset traceable, identifiable and interactive. In addition, it reduces costs and brings visibility to the processes in SCM. Internet of Things (IoT) is the underlying technology that enables this transformation to smart supply chain. Cisco estimates that of the total market value IoT creates ($8 trillion), $1.9 trillion will be associated with supply chain and logistics. Problems that call for better SCM solutions are largely in the consumer durables, apparels and consumer goods industry.
As hinted before, lack of visibility of assets through the supply chain is a major problem. Companies more often have to rely on a long list of intermediaries like importers, distributors, franchisees and many others to sell their products. Among problems that arise due to this, includes inefficient handling of stock-outs because proper sell out data of products is not available for companies except that come from their own retail outlets. As per a study of survey data involving 71,000 customers from 29 countries, it was suggested that retailers can lose nearly half the intended purchases when customers encounter stock-outs. For a billion dollar retailer, it can mean a loss of $40m a year on sales. Whereas in contrary to encountering a stock-out, stock obsolescence is another issue, in simple terms, it is the issue of product not selling out or having a short shelf life that is unlikely to be used in future , this is particularly a major issue for the FMCG industry.
So how does IoT become a solution to SCM?
IoT is simply about providing connectedness and deploying IoT brings a world of difference to the SCM solutions. Connecting each product essentially means establishing communication to transmit data about its whereabouts and condition. Currently, every product we buy from a supermarket has a barcode on its cover but that is useful only at the counter for checking out. Suppose if it is a sealed cover that a customer isn’t allowed to open, What if the product inside were missing or damaged? How can it be known? Now translate this problem to the big world of logistics and supply chains were thousands of packaged items are managed every minute through a network. Wouldn’t it provide a better visibility if the item itself bears a digital signature that allows the complete lifecycle of the item to be monitored? Essentially IoT offers the following:
Stock management
With every item being tagged and recorded, companies can have complete insight into the data of stock-out and stock-obsolescence that will enable them to manage their business as per the data received. It will also enable companies to quickly identify the outlets that have more customer turnouts which will allow them to optimize their spending.
Visibility
Visibility is arguably the biggest gain that IoT provides for SCM. Companies will be ‘in the know’ of everything from the start of the product lifecycle till customer purchase. This will provide the necessary insight needed for making better business decisions. For FMCG companies, this is a crucial factor because they will be able to know the conditions of their products while in transit or in shelf such as temperature, which is extremely important in case of packaged food.
Customer satisfaction
IoT would improve customer satisfaction by ensuring speedy and quality delivery. Besides, customers require information or timely alerts regarding the location status of their items. Hence with real-time tracking available, they are less likely to subscribe to different companies due to the wholesome experience they receive from such services.
SCM based IoT solution providers
Currently, IoT startup space is getting to the point of being saturated with each aiming to provide solutions in niche areas. Tive, Evrythng and Discovery are few of the IoT based solution providers in the supply chain. While Tive focuses solely on providing SCM solution using a tracker and a cloud-based software, Evrythng, as the name suggests, provides many solutions of which SCM is a part of. Evrythng also works similar to Tive by capturing real-time data making use of on product identifiers or sensors.
However, Discovery seems to be a behemoth in its scope as SCM specific IoT solution provider. It provides a comprehensive solution that includes the use of a low-cost self-charging IoT tag called ‘Cliot’ which is unlike any other solution that is available presently. Besides the tag, what sets them a class apart is that they aim to make their network highly scalable through Blockchain 4.0 technology. In the context of SCM, possibly the most interesting part is the common smartphone user community that forms the backbone of this whole network they are creating. The tag, Cliot, transmits data to the user’s phone (with their D-App), in its range, operating on blockchain based algorithm via WiFi, NFC or Bluetooth. The smartphone and Cliot automatically enter into a smart contract and the Cliot’s ping is recorded on to the blockchain network. Thereafter, the data received is then transmitted using user’s telecom network to cloud. It is remarkable in that there is no infrastructural requirement for enterprises looking to adopt this solution, and it is highly scalable. Besides, Discovery network provides an incentive for the smartphone users who lend their data, and this would provide a passive income without the need for any active user involvement (they don’t have to “read” the products, for instance).    
Conclusion
Global markets are changing at a quick pace. Technologies like IoT, Machine learning, AI, computer vision are taking businesses by storm, the proliferation of startups is no mere coincidence. Soon the market monopoly of few corporations will cease to be the norm. As consumers become more informed, their preferences change, ultimately affecting their buying behavior. This change, therefore, impacts the processes behind consumer product lifecycle and therefore in order to stay ahead of the competition, it becomes necessary to adopt technologies that make supply chains smarter, efficient and data-driven.  
https://ift.tt/2IKt7Th
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swedna · 6 years
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From Mercedes-Benz AG to Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world’s fastest-growing major economy is well-entrenched.
After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India’s economic recovery is gaining momentum. Businesses are taking advantage of the solid demand to raise prices, lifting profits, but also fanning inflation at a time of higher oil prices and a currency slump.
More than 1,200 manufacturing firms -- both small and large -- polled by the Reserve Bank of India reported input price pressures and an increase in selling prices. The central bank raised interest rate twice since June to the highest in two years to curb price pressures and support the rupee amid a sell-off in emerging market currencies.
“There is a sense that the economy has come out of the difficult phase,” Harsh Pant, a professor of international relations at King’s College in London, said, referring to the pick up in manufacturing activity as consumer confidence improves. The decision of companies to raise prices “seem to be reflecting this underlying reality,” he said.
Here’s a look at sectors that have got their pricing mojo back and others on the cusp of rediscovering it:
Automobiles
With double-digit growth in monthly vehicle sales for most of the year so far, companies including Suzuki Motor Corp.’s India unit, Ashok Leyland Ltd. and Mercedes-Benz are raising prices. Maruti Suzuki India Ltd. increased prices last week by up to 6,100 rupees a unit ($88) across models citing higher commodity prices, distribution costs and adverse foreign exchange rates. Mahindra and Mahindra Ltd. also plans to hike prices by up to 2 percent from August.
Steel
A surge in global steel prices has given Indian steelmakers, including JSW Steel Ltd., Tata Steel Ltd., and Steel Authority of India Ltd. the ability to raise product prices by 8 percent to 10 percent this year. China’s curbs on steel output, global trade protection measures and robust domestic demand will keep prices firm going forward. Steel futures in Shanghai were at the highest in seven years on Tuesday.
Consumer Goods
Fast-moving consumer goods, which is ranked as the fourth-largest sector in the economy by think-tank India Brand Equity Foundation, is a bright spot in terms of demand. That’s given companies such as Hindustan Unilever Ltd., the local unit of Unilever, room to raise prices in some goods.
Godrej Consumer Products Ltd., a homegrown FMCG company, has already increased prices of some products and plans more in hair colors, toiletries and air fresheners with the impact likely to be reflected from this quarter. Dabur India Ltd. has hinted at a 3 percent to 4 percent price increase in product prices to mitigate inflationary pressure.
Cement
It’s a mixed bag for cement manufacturers. Rising input costs are squeezing profit margins of cement makers and the monsoon season is a dampener, but higher government spending on building houses for the poor ahead of elections could jack up sales.
“While the demand momentum is healthy, rising supplies have not resulted in a significant increase in the cement prices,” said Sabyasachi Majumdar, senior vice president and group head at ICRA Ltd., the local unit of Moody’s Investors Service.
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