Monthly Archives: May 2017

Project Management Effectiveness

To get the desired result from a business project, you need to know exactly what you want to achieve. It often helps to break down larger projects into smaller manageable stages to ensure effective project management. A Project Manager must see to it that the sponsor's aspirations are fulfilled while ensuring the customer satisfaction within the prescribed time limits and budgetary allocation. Outcome of a project is no doubt important but so is the journey towards it. Effective utilization of the resources on hand and balancing the risks involved all contribute to the end-result. There are the important factors for the effectiveness of project management.

Communication … project staff do not know what their tasks are, or how to accomplish them, then the entire project will grind to a halt. If you do not know what the project staff are (not) doing then you will be unable to monitor project progress. And if you are certain of what the customer expects of you, then the project will not even get off the ground. Maintaining open, regular and accurate channels of communication with all levels of project staff and stakeholders is vital to ensuring the smooth flow of instructions from customer to factory floor and sufficient warning of risks and changes to enable early assessment and preparation.

Leadership … The application of leadership and management in the project execution is usually dependent on the type of project and the life cycle stage that the project is in. For projects which are huge impact, large scale, complex and global in nature the standards to be achieved, the goals and the deliverables are constrained by the time frame, budgets and the market dynamics. These types of projects involve large and distributed project teams, comprising members from diverse disciplines. Also the implementation is going to be multi-phased. In such a situation the project success and business sustenance can be achieved only through an effective and smart leadership.

The leadership style should be flexible, sharing, and innovative so as to bring about the project success. At the same time the leader should emphasize on team building and motivation so that the divergent members can work together as a team.

Team management … Getting things right Building a good team is the single most important thing a Project Manager can do to achieve a successful project. With the right attitude, a team will almost almost any difficulty to succeed in its goals. In most projects there will be times when only the determination of the team can overcome the difficulties and carry the initiative through to success. Even when there is no pressure, the team's spirit and enthusiasm will be reflected in the quality of the solution and the amount to which other people buy-in to it.

Negotiation … negotiations are typically with providers on such issues as agreeing contracts. Informal initiatives include discussions to resolve conflict, or discussions to obtain internal resources. "In other words, if you work with people and have a decision-making role, you're going to need to know how to negotiate.

There are four keys to being a great negotiator:

* Be respectful. Getting hot-headed or dismissing coworkers' opinions is only going to take a toll on morale.

* Always be clear and considerate when dealing with your team.

* Abandon the "winner take all" mentality. In a negotiation, meeting everyone's interests is more valuable than winning.

* Establish an atmosphere for candor. It's tough to negotiate everything without knowing all the variables.

Do not be afraid to bring in third parties. Whether you're having trouble with a team member or struggling with a client, there's nothing wrong with pulling in HR, the IT team lead, or another appropriate third party that can help facilitate discussion.

Personal organization … Personal organization or Self-management reiterates to an individual's ability to manage themselves in relation to the expected outcomes of their role in study or in work. Self-management is linked to planning and organizing, but also describes the ability to reflect on how we learn, who we are, and what we want.

A person with good self-management skills will have clear priorities and be able to critically review their strengths and weaknesses. As the world of work changes and employees are expected to take responsibility for their own performance, self-management skills are seen as increasingly important.

Risk management … Risk management is a continuous, forward-looking process that is an important part of business and technical management processes. Risk management should address issues that could endanger achievement of critical objectives. A continuous risk management approach is applied to effectively anticipate and mitigate the risks that have critical impact on the project.

Effective risk management includes early and aggressive risk identification through the collaboration and involvement of relevant stakeholders. Strong leadership across all relevant stakeholders is needed to establish an environment for the free and open disclosure and discussion of risk.

The Pains of Doing Online Business in Africa

Take it or leave it, Africa is a great continent. It is my beloved continent with an estimated population of 1.216 billion people.

There are about 7 billion people with unique skills, talents, knowledge, and experience. God bless humanity.

So, if you think of the right market to sell your goods or services, come to Africa.

This is the optimistic part of this story. It is good to begin 2017 on a positive, optimistic level.

Now, let us come down to reality. The world has gone digital. But, Africa is still slow in moving from analogue to digital age.

Corruption, illiteracy, poverty, lack of social amenities, lack of trust, lack of knowledge on what it takes to run a business online, are some of the factors militating against Africa and Africans.

Internet penetration is 28.7 percent in my beloved continent. Compared to North America with 89 percent penetration level, this is a far cry.

This means North America with an estimated population of 579 million people is more digital than Africa. But, Africa has the market. In fairness, businesses are striving in the continent.

Lots of Africans know little or nothing about online business and think that people who do businesses online are either fraudsters or criminals.

This is not true. There are genuine and fake business owners everywhere, internet inclusive.

Trust has also made it impossible to do business online. With the world becoming a global family, business owners do not need to meet physically to transact business. There are no restrictions in this digital age to running businesses.

Everything and anything could be sold online and money in local and foreign currencies transferred from one part of the world to the other.

But, my good friend in Lagos, Nigeria, who has masters degree from one of the oldest universities in our country know little or nothing about running an online business.

We were discussing yesterday and he told me bluntly that he knows next to nothing about online business.

So, he is comfortable moving his vehicle parts from one place to the other in search of customers.

This is the pains some of online business owners are going through through Africa with great potentials.

But, the pains of not getting enough customers from Africa for your business are a passing phase. Even as the Bible says, this will pass away.

Therefore, in 2017, I am positive that more and more business owners will gain the pains of going from analogue to digital in Africa.

I get the feeling deep down that ten years down the line, the story will change for the better and internet penetration in Africa will rise.

Information Technology and Textile Industry

Today, Information technology (IT) plays a vital role in the field of textile industry. Any manufacturing unit employs four Ms that is, Men, Material, Machine and of course Money. To get organizational success, managers need to focus on synchronizing all these factors and developing synergies with in and outside organizational operations. With the increased competition, companies are taking support of IT to enhance its Supply Chain Management (SCM) and using it as a competitive edge. In short, many textile companies are leveraging the technological power to adding value to their business.

Supply Chain Management includes: sourcing, procuring, converting, and all the logistic activities. It seeks to increase the transaction speed by exchanging data in real-time, reduce inventory, and increased sales volume by fulfilling customer requirements more efficiently and effectively.

Why Textile Industries Need IT Support?

Lack of information on demand and supply aspects

Most of the decisions a manager takes are related to demand and supply issues. But unfortunately very few are able to get it, as a result decisions taken carries risk and uncertainty. Excess inventory is one of the most common problems faced by managers which further results in long cycle-time, outdated stock, poor sale, low rates, and reduction in order visibility and finally leads to customer dissatisfaction.

Long procurement time

In a traditional textile industry, procurement process takes a much longer time. So, the retailers need to forecast demand and identify consumer trends at a much earlier stage. Lack of clarity about future can either result in early stock out, delay or overstock.

Supply chain in-competency

With the urge for getting global, apparel and textiles are facing hurdles of inefficiency in carrying out various processes involved right from designing, developing samples, getting approval, manufacturing, dispatching to payment procedures. The total time taken can get extended to one year or even longer. If we calculate, production actually accounts for just ten to twenty percent of the total time. Rest of the time is taken for the information processing from one end to the other.

The trajectory of development of Information Technology has intersected every application in textile industry. From enhancing performance of textile manufacturing and tighter process control, IT has inserted intelligence at every node of textile supply chain.

Step into the global trade

It is a fact that a company going global is opened with lots of opportunities as well as threats in terms of competition, changing trends, and other environmental changes. It necessitates managing every kind of information efficiently and at much faster speed.

Interaction of Information Technology with Textile Supply Chain

Sharing of Information

Proper flow of information along supply chain member is very critical. Such flow of information can influence the performance of overall supply chain operations. It includes data about customers and their demand, inventory status, production and promotion plan, shipment schedules, payment details, etc. Bar coding and Electronic data interchange are the two information technology tools which can facilitate information integration.
Bar coding facilitates recording of detailed data by converting it to electronic form and can be easily shared among members through EDI system. EDI with its high efficiency is able to replace the traditional ways of transmission like telephone, mail and even fax. EDI enables managers to analyze and apply it in their business decisions. It also helps in expediting order cycle that reduces investment in inventory. EDI based network enables Company to maintain quick response and closure relationships with suppliers and customers, who are geographically dispersed. Manufacturers and retailers can share even new designs developed through CAD / CAM.

Supports planning and execution operations

Planning and coordination are very important issues in supply chain management. The next step after sharing information is planning which includes joint design and implementation for product introduction, demand forecasting and replenishment. Supply chain members decide their roles and responsibility which is coordinated through the IT system.

Various software tools like MRP, MRP-II, APSS facilitates planning and coordination between different functional areas within the organization.

Material Requirements Planning (MRP): It helps in managing manufacturing processes based on production planning and inventory control system. Proper implementation of MRP ensures availability of material for production and product for consumption at right time optimizes the level of inventory and helps in scheduling various activities. MRP system uses computer databases to store lead times and order quantity. MRP includes mainly three steps: first assessing the requirement of how many units of components is required to produce a final product; Here it applies logic to implement Bill of Material (BOM) explosions. Second step includes deducting the stock in hand from gross to find out net requirement. Finally, scheduling manufacturing activities such that finished goods are available when required, assuming the lead time.

Manufacturing Resource Planning (MRPII) system is a logical extension of MRP system which covers the entire manufacturing function. This typically includes machine loading, scheduling, feedback and Software extension programs in addition to material requirement planning. It provides the mechanism to evaluate the feasibility of a production schedule under a given set of constitutions.

A textile company which has multipoint manufacturing and engaged in global business necessitates something more than MRP and MRP-II like Distribution Requirement Planning (DRP), it has the ability to solve both capacity and material constraints and quickly propagates the effects of problems in both backward and Forward direction through the supply chain.

The Advance Planning and Scheduling (APSS) system includes both material focus of MRP and rapid response scheduling power of MRP-II.

Coordination of logistics flows

Workflow coordination can include activities such as procurement, order execution, implementing changes, design optimization, and financial changes which results in cost and time efficiency. The results are cost-effective, speedy and reliable supply chain operations.

IT contributions towards maximizing the value of textile supply chain through integrating supply chain operations within and outside the organization and collaborating the acts of vendors and customers based on shared forecasts. Internet adds to IT contribution towards supply chain management through coordination, integration and even automation of critical business processes. New system of the supply chain game emerges as a result of business innovation fueled by the Internet.

Many supplying companies maintain demand data by style, size, fabric and color to replenish inventory at retail outlet. Level of replenishing is predetermined by both parties after reviewing history of sales by product and buying behavior of the community.
New Business Models:

Data mining and data warehousing

Data mining is the process of analyzing data from different viewpoints and summarizing it into useful information that can be used as a basis of monitoring and control, enabling companies to focus on the most important aspects of their business. It allows users to analyze data from many different dimensions, categorize it, and summarize the relationships identified. In short it is the process of finding correlations or relationship among dozens of fields in large relational databases.
Data warehousing is the repository of data and can be defined as a process of centralized data management and retrieval. Centralization of data maximizes user access and analysis.

E-commerce

E-commerce can be B2B (Business To Business) and B2C (Business To Customer). B2C commerce is the direct selling to consumers through Internet. While B2B marketplace can be defined as neutral Internet-based intermediaries that focus on specific business processes, host electronic marketplaces, and use various market-making mechanisms to mediate transactions among businesses. B2B appears to be more prospective than B2C.

E-retailing

The textile-retail giants are adding an Internet shopping-component to their offering. It has affected their distribution and warehousing infrastructure. As a result of going online, retailers have changed their supply chain strategy. High volume products with stable demand are stocked in local stores, while low-volume products are stock centrally for online purchasing.

Companies prefer a direct route to consumers by closely scrutinizing individual customer's tastes, preferences, habits, and buying patterns. Instead of waiting for consumers to visit their stores, retailers simply send them e-mails with offers. Internet has facilitated quick response system. With the use of web-enabled technology it is possible to have automatic customer replenishment system.

Where Does Wastewater Come From?

Wastewater is water that has come into contact with any of a variety of contaminants and is not fit for human consumption. Most often, wastewater has its source in domestic settings, commercial operations, industry and agriculture. Groundwater becomes contaminated from many sources. "Point" sources include municipal landfills, leaking gasoline storage tanks, leaking septic tanks, accidental spills and industrial waste disposal sites. "Non-point" sources include runoff and seepage from agricultural lands containing pesticides and fertilizers.

Blackwater refers to wastewater that contains human waste, usually from lavatories. This also becomes sewage, when it empties into a municipal sewer system. Greywater is that water that contains contaminants from washing; Laundry, bath, shower, dishes. Stormwater is the runoff after a rainstorm, and most often runs into a municipal sewer system. Otherwise, it flows into creeks, rivers and oceans.

Domestic- source wastewater contains food, cooking oils, drinks, pesticides, paint, cleaning fluids, rainfall from roofs, which contain oils, fuels and litter. Wastewater from roads also is contaminated from fuels, salt, rubber residue, animal excrement and litter. Industrial sources of wastewater contain contaminants including oils, chemical residues, pharmaceuticals, pesticides, silt, cooling compounds, metal plating, and a variety of other by-products of manufacturing processes.

Water that has been used for cooling in a manufacturing process becomes wastewater after if has warmed. Other industrial processes require de-ionized water. When this water has been used in that process, it becomes wastewater.

One drop of oil can make twenty-five liters of water unfit for drinking and one gram of a common household herbicide can make ten million liters of water unfit for drinking. Only one gram of PCB can contaminate one billion liters of water, making it unfit for aquatic life. One gram of lead in 20,000 liters of water renders it unfit for drinking.

Oil and gas drilling is a worrisome source of wastewater, as more requests are proceeding to find local sources of these fuels. The contaminants resulting from these operations contain cadmium and benzene, both carcinogenic elements. They are released into the massive amounts of water injected under pressure to force gas out of the ground. A more dangerous contaminant resulting from drilling is the grit, called Totally Dissolved Solids (TDS) that is dredged from deep underground. TDS contains minerals and salts in such concentrations that the wastewater resulting from pollution by TDS is five times as salty as seawater. It alters the taste of groundwater, but more dangerously clogs rivers and streams and affects the health of those waters. With increased drilling, the bio-systems are becoming overwhelmed in their capacity to neutralize these contaminants.

Wastewater is primarily treated at municipal water treatment plants in North America. These plants separate solid and liquid waste. The liquids are typically sent off to further filtering and treatment by bacteria and chlorine, while the solid wastes are often treated with micro-organisms that are able to break down the sludge and absorb and neutralize contaminants. Septic systems use gravel, sand or reed beds to hold and filter the liquids, while the solids are contained and physically removed when the tank is full.

Ethical Issues In Inventory Management

When we speak of ethics violations we immediately think about executive management, or some sort of Wall Street scandal, and rarely do we realize that it happens more frequently than the bottom half of the work than the glass tower. Ethics violations in inventory management are committed by:

1.Knowingly giving inaccurate information to clients or prospective clients concerning pricing of storage space or other services, and the status of their inventory.

2.Favoring one vendor over another when purchasing goods or services because you have a friend that works for the preferential vendor or because of possible financial gain.

3.Cover-up of damaged products going out on a shipment.

4.Manipulating inventory figures and levels when the client questions his inventory levels or when management inquires about inventory statuses.

5.Work slowdown to gain overtime.

6. Giving preferential treatment to certain employees for possible gains in the future and friendship.

These are just a few examples and I'm quite sure that if you observed closely in your organization you can find many more. Why do these ethics violations occur? One reason is a lack of a code of ethics. Code of ethics is a specific set of professional behaviors and values ​​employees must know and must abide by, including confidentiality, accuracy, privacy, integrity. Large organizations have a code of ethics, but violations occur because the standards are not enforced or management fees the violation is not worth their time.

Medium to small organizations lack a code of ethics program because they either do not know how to develop one, it is not important to them or it's too costly in terms of finances and manpower.

Enron and Goldman Sachs are good examples of why it's important of have a company code of ethics. In the business world the bottom line is to make money and there is nothing wrong with that but, when it consumes your organization and you take an attitude of making it at any cost, then that's when the problem comes to view and people will do whatever They can be it ethical or unethical to make money.

A code of ethics will keep people within certain limits of what is acceptable in the organization in terms of behavior and business practices. Reality in the business world is that profits rule and as long as the shareholders are happy, and there is full employment in companies no one seems to care and ethics take a back seat to everything else.

With so much talk now days about morality in business and the state of the financial affairs of the world ethics is even more important today than before. Journalist are keeping an ardent eye out for the next business scandal and will unforgettable every stone to expose one, after all it sells news. Traveling and working in Asia I have found the Asian culture less sensitive to the actions of business not that that they do not care it just does not consume their every waking moment and they are not quick to judge like the Western Nations.

Operating with honest principals and ethics is no less profitable than operating in an unethical manner. LeClair, Ferrell and Fraedrich, in their book Integrity Management (1998), describe five well-known successful companies that have invested organizational resources and are making profits and operating in an ethical manner three listed below you may recognize;

1. Hershey Foods
2. Home Depot
3. Waste Management

The old myth and saying "It's not personal it's just business" is as hollow then as it is now. Business is personal especially when you take the time to build a business relationship with vendors and clients to the point where they trust you, and acting in an unethical manner will definitely destroy any confidence they had in your product or services and make it nearly impossible to Regain.

Management – 8 Key Competencies of Successful Managers

Management is a diverse role with a range of responsibilities and challenges that need to be addressed. Competency as a manager is an important part of achieving. So what 8 key competencies do successful managers have?

Competency 1: Results Focus

Successful managers know that at the end of the day it is not what you do but what you deliver that matters. Having a results focus is about knowing what opportunities are required and focusing yourself and those that you manage on delivering the results. This results focus keeps you on track and reduces the scope for distractions.

Competency 2: Making Change

Leaders regularly set out requirements for change. It may be in terms of process, people, service, ways of doing things to name just a few. While leaders will set out the overall direction, managers are the people who need to make the change happen on the ground. This requires them to overcome the obstacles that without doubt will appear as they try to make change.

Competency 3: Planning

Managers do not have the luxury of just having one thing to do. They have to manage money, people, processes, projects, customer relationships and themselves. This requires them to be able to plan effectively so that they get the best results possible.

Competency 4: Team Development

Managers can not do everything on their own. They need a team around them that can help them to deliver results. Successful managers recognize that team development is an ongoing activity. People come and go from teams and the dynamics that this creates need to be managed. Many team members want to progress and so creating opportunities for growth and development is important.

Competency 5: Risk Management

All areas of business face threats and managers need to become competent at identifying and responding to risk. These risks can range from losing key staff to health and safety issues. Successful managers recognize the importance of identifying and proactively responding to risk.

Competency 6: Decision Making

Until a decision is taken, nothing happens. Managers who procrastinate are a source of frustration to staff. The staff might not always like or agree with the decision that you have made but they will prefer you to take a decision rather than procrastinate.

Competency 7: Communication

Successful managers are effective communicators in 3 areas. They are effective speakers and can put their points forward clearly. They are also effective at getting their message across in writhing whether it is an e-mail or report. Finally, they are effective listeners.

Competency 8: Customer Service Focus

Successful managers recognize that they have customers, even if they are not working directly with the end consumer or user of the product or service. Successful IT Managers see the users of the systems as customers. Accounts Department Managers see budget holders, employees who salies that process and suppliers they pay as customers.

Successful management requires you to have a range of competencies. So where are you highly successful and where do you need to develop to be an even more successful manager?

Advantages Of East Facing House Plans

Are you planning of constructing a house? While there are many house plans that you can go with, not all of them are ideal for you. One of the best plans that you should consider is the east facing plan.

Benefits Of East Facing House Plan

There are a number of benefits that come with an east facing plan. Some of the benefits include:

Sunlight : Since the sun rises from the east, it means that your house will be receiving a lot of sunlight during the early morning. This will reduce your energy bills as you do not have to leave the lights on if you wake up early.

Health : researchers have shown that the morning sun is always the best. Since your house will be facing east, you will be getting the most from the beneficial morning sun.

Tips To Consider When Designing An East Facing House Plan

For you to design a perfect east facing house you need to put a number of tips into consideration:

Plenty of space on the east : as an architect you need to leave sufficient space in the east. This is the space that the people in the house will be using to bask during the early morning.

Short east compound wall : To allow plenty of sun into the building, you should ensure that you do not cover the house with the compound wall. This calls for you to construct a wall that is much shorter than the house. To leave sufficient space on the east side you should ensure that the main gate faces northeast.

Have a verandah : when designing the house you should ensure that the house has a verandah on the eastern side where the owners of the house can sit and enjoy the healthy morning sun. You can design a sloping verandah; However, you should ensure that it does not face west.

Clutter free : to avoid obstructive positive energy you should ensure that the space on the eastern side is clean and clutter free. This calls for you to remove any heaps of soil, stone or garbage that might be there. You should also ensure that the house does not have any elevated land. The floor should be less elevated than the center room.

If there's a road running in front of the house you should ensure that it's lower than the plot.

Conclusion

These are the advantages of an east facing house plan. If you are interested in an east facing house, ensure that the plan is designed by a professional architect.

The Role of the Purchasing Manager

INTRODUCTION

Procurement researches sales records and inventory levels of current stock, find foreign and domestic suppliers, and stay current on any changes in either the supply of or demand for needed products and materials.

Production and Manufacturing are closely related but are not one and the same. Manufacturing involves activities from research, design and development, production, logistics, and service provision to end of life management. Production involves the processes of making, shaping, etc., while manufacturing involves the process of obtaining raw materials to goods and their associated services

Purchasing managers, buyers, and purchasing agents aim to find the best merchandise at the lowest possible purchase cost.

Purchasers and buyers find the best goods or services, choose suppliers, negotiate prices, and grant contracts that ensure that the right amount of the product or service is received when it is needed.

PURCHASING AND MATERIALS ACTIVITIES

The Purchasing Manager plays a pivotal role in procurement, vendor development, and negotiation. The manager plans, organizes, directs, controls, and evaluates the purchasing activities of the company. The manager provides expertise in specifying and procuring new and replacement components, parts and equipment, and reviews technical and quality requirements for the purchase of items, spare parts, and services.

To operate cost-effectively the company requires competitive prices commensurate with the technical and service requirements, and the security required by the business.

The role is to manage and operate this process, in particular developing processes to capture and control expenditure and linking with suppliers, both current and potential, to ensure that best prices and quality is achieved.

The Purchasing Manager develops procurement policies and procedures and controls the procurement department budget.

Relationship Management

* Manages day-to-day functioning of purchasing group.

* Reviews purchase orders to ensure adherence to quality and procedures.

* Ensures that re-ordering of stock is transported out on a daily basis as required to maintain adequate stock levels of parts for production.

* Understand assembly assembly thoroughly to ensure that the material is delivered just in time.

* Participates in the creation of forecasts, and relates those to production programs and stock required for the daily production round.

* Representations purchasing in discussions and strategies aimed at improving overall integration of purchasing, assets, and accounts payable.

* Liaise with Technical department when creating new products or in matters related to product specification.

* Participate in the development of specifications for equipment, products, or substitute materials.

* Reviewing the technical specifications for accuracy and completeness.

* Manages the creation and maintenance of Equipment Bill of Materials.

* Overseeing the technical and QA requirements on all items (materials, components, and parts) to ensure that purchased items meet design requirements.

* Managing the shipping, handling and storage requirements on components to ensure high quality items are received and issued to the appropriate departments.

* Standardizing and managing the evaluation of replacement items for obsolete parts and component acceptability.

* Support & Coordinating with the various Departments for Procurement of Common Raw Materials & Packaging Materials.

* Coordinate with various departments for smooth functioning of departmental activity, particularly with accounting department.

* Rate contracts / tendering / market surveys and data bank of prices for ready reckoning and instant estimates.

* Preparations, monitors and controls department business plans / budgets

Supplier Management and Vendor Sourcing and Analysis

* Undertakes Vendor Analysis & Development of new Vendors.

* Identifies early suppliers for company components, concepts, and production programs.

* Manages vendor documentation program, ensuring that a tracking system is in place and maintained.

* Works closely with potential production suppliers to ensure effective support.

* Searches on a worldwide basis for technology suppliers, technology partners, and future potential suppliers for the company and keeping up with market trends.

* Proactive and actions on initiative to maintain a supplier base and when necessary source alternative suppliers to ensure that the required material products remain in constant stock as required.

* Proactively ensures all suppliers adhere to agreed service levels and to have contingencies plans of supply for all core product ranges.

* Develops and implements appropriate long and short term strategic and tactical initiatives in order to achieve specific purchasing, sourcing targets.

* Supports the Product Design Group with supplier negotiations, supplier timing plans, and cost forecasts to achieve the most cost effective component delivery.

* Negotiates and executes contracts with the vendors as per requirement of quality, cost and delivery.

* Maintains data of all the prices approved as a record and keeps track of changes in prices frequently and updates.

* Reviews purchase orders to ensure adherence to quality and procedures.

* Oversees the purchase orders to Vendors and order acknowledgments from the Vendors.

* Follows up with Vendor for delivery and to get the material at the right time and required quantity at required locations.

* Follow through on outstanding back orders.

* Maintains effective record keeping on all purchase orders and supplier confirmations.

* Coordinates with accounts for payment of suppliers and resolve issues if any.

* Reviews and processes claims against suppliers.

* When necessary, to develop a sub-contractor base whether local or direct to market level and to set-up on-site, sub-contractor QA and process improvement activity.

Cost Reductions and Efficiency Improvements

* Evaluates cost and quality of goods or services.

* Monitors International Trends in Raw Material for effective negotiations.

* Continually tries to reduce outgoing funds while not compromising on product quality.

* Obtains best prices for imports from carriers.

* Cost Cutting through negotiation with suppliers (domestic / foreign).

* Negotiation and pricing of current and new products.

* Streamlining production, identifying and eliminating inefficiencies.

* When necessary, Just-In-Time purchases to minimize inventory cost.

* Updating and revising existing purchasing procedures to introduce cost cutting measures.

* Balancing regional and global approaches.

* Accuracy monitoring and forecasting stock levels.

* Researching and identifying new products and suppliers.

* Always seeking reliable suppliers or suppliers to provide quality goods at reasonable prices.

* Precise monitoring of quantity and timing of deliveries.

* Ensuring relationships with existing suppliers are kept manageable and in the best interests of the business – be through initiating commercial negotiations, implementing improvement programs and making certain quality, cost and delivery are guaranteed.

* Maximizing the supply chain efficiencies for all accounting providers and accounting for the in, and outbound supply chain for the business against agreed service and targets.

* Highlighting procurement opportunities where identified.

* Managing and developing a solid relationship with suppliers to reduce costs and improve quality including on-time deliveries.

* Plans material as per the requirement of assembly processes to support improvement in the production flow.

* Overseeing continuous improvement initiatives to drive process optimization.

* Developing and managing obsolescence programs, including the strategic direction for components and materials.

Team Relationship

* Provide leadership to the team.

* Supervise and motivate the team.

* Develop and train staff to ensure that they meet required performance standards.

* Support in execution of Service Contracts.

* Liaise with support staff as appropriate.

* Provide guidance to staff in handling employee inquiries and to ensure that matters are resolved.

* Demonstrate credibility to win the confidence and support of the top management, suppliers and partners.

* Interact with suppliers, customers, customers' agencies (Artwork Houses etc.), and agents, suppliers and prime producers supplying all group companies.

* Provide assistance to all departments as required.

* Deal effectively with executive, technical and operational and sub-contract personnel.

Characteristics of Modern Media Technology

Media has evolved a lot. Modern media depends on Technology to send information or gather them at a faster speed. The following are the characteristics:

Speed: The information reaches at a faster speed.

Reach: The information must have mass reach.

Preventing Calamities: Modern media broadcasts 24 hours. So high technology is used to beat natural calamities.

Constant Transmission: Technology is used for constant transmission.

The following tools of technology is used to achieve the aforesaid targets:

Use of Satellites: Satellite Technology is used to ensure constant transmission. A satellite severely gets affected by climatic conditions.

Use of Video Conferencing: It is used to get live and personalized feedback without physical presence.

Use of Television Conferencing: It is used to get audio inputs from far off places.

Use of Internet: Internet is being relied upon for information.

Use of high end Computer Technology: Computing and high speed processors are used for fast and capable data processing.

Use of Mobile Satellite Vans for News Coverage: Satellite vans are used for high mobility and anytime coverage.

Use of high end Audio visual equipments: Use of high end audio visual equipments have emerged that leads to clear sound and picture. Tape recorders and high end video cameras are used by media persons to take interviews fast and transmit news ina proper and efficient manner.

Since these are the characteristics of Modern Media Technology that has made media more fast, accurate and improved and has made it an indispensable tool for protecting the largest democracy of the world named India by making it more transparent and accountable to people. Here these are the characteristics of modern media technology.