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Business management is a complex task, especially nowadays, when the pace of business is so rapid. There are many facets of a business that needs to be recorded, tracked, and monitored for optimum resource utilization. For example, every business must have a system in place for tracking employee attendance and timeshee...
Women as CEOs Since the Company's Act 2013 mandated having one woman member on every Board, the number of women corporate leaders in India has increased considerably. As per Deloitte Global’s Women in the Boardroom Report, the percentage of female corporate leaders has gone up from 9.4% in 2014 to 17.1% in 2022. Howeve...
In today's world, organisations are very different compared to those in earlier times due to competitive pressures and technological breakthroughs. Organisations of today are leaner, agile, customer-centric, more tuned to dynamic competitive requirements, less hierarchical in structure, and continually reorganising to ...
An organisation comprises various processes and employees. It is a leader or manager at work who is responsible for overseeing employees and processes. There are not many who are equipped to take on these responsibilities and want to make a significant impact on their teams and their employers. Individuals interested i...
There are various ways to assess the success of a warehouse: business metrics, performance evaluations, and analysis of financial accounts. Creating warehouse management metrics is another parameter that assesses the efficiency of your procedures. Each warehouse metric examines a particular operation and provides insig...
Introduction Leadership is about setting an example for your team. To become a successful sales leader, you should have specific skills. Becoming an efficient and successful sales leader is not easy, but it will be worth it if one puts in good efforts in this field. The core skills every successful sales leader needs t...
Every company needs a sustainable, long-term business model that brings profit. The business model is a conceptual structure that supports the business's viability and explains who it serves, what it offers, how it offers, and how it achieves its goals. Direct sales, franchising, advertising-based, and brick-and-mortar...
Irrespective of the nature and size of the business, it is vital to ideate strong personal bonding with customers to stand out from competitors and cultivate customer loyalty. Experienced business tycoons deem customers as the lifeblood of a business and hence suggest that they must be at the core of all critical busin...
Supply chain management refers to the management of the flow of the goods that encapsulates all the processes involved in transforming raw materials into finished products or services which an organisation offers. It includes planning and managing sourcing, procurement, conversion, logistics management, and many more f...
The future of supply chain management in India is bright as India’s logistic sector is to expand at a CAGR of more than 10 per cent, increasing from $200 billion in 2020 to $320 billion in 2025. Operations and Supply chain management (OSCM) is an essential component in every business organisation. Globalisation and dig...
