Operation search

Wednesday, July 28, 2010

Oracle's Ellison tops best-paid CEO list for the decade

Software major Oracle founder and Chief Executive Larry Ellison topped the list of best-paid executives in public companies during the past decade, receiving USD 1.84 billion as compensation, according to a Wall Street Journal analysis

Barry Diller has bagged the second position in the list of 25 best-paid executives during the past decade. Diller received roughly USD 1.14 billion from IAC/InterActive and Expedia.com, the online travel site IAC spun off in 2005, where he remains chairman.

Wednesday, July 14, 2010

New topic

Global Trade Management Whitepaper


Building Your Export Business: Global Trade Compliance, Content and Connectivity

This whitepaper discusses the challenges facing exporters as they attempt to comply with export regulations in the US and globally. The report provides examples of how leading exporters are overcoming these challenges by effectively using compliance automation to reduce the multitude of risks surrounding international trade.



In this report you will learn how to quantify, control and leverage global trade activities for the benefit of the entire company and how to develop a competitive advantage by turning export controls responsibility and associated burden into an opportunity.



This complimentary report addresses common challenges for exporters:

Improving compliance automation

Managing global trade content

Export license management

Export documentation and document distribution

Government export filing requirements (AES)

Managing compliance liability associated with mergers and acquisitions

Increased risk of penalties as a result of focus on export control laws globally

Importance of internal and external connectivity for trade compliance solutions
Source:Mag. logistics whitepaper

Monday, June 21, 2010

Good bye to Juts !

Hi Everyone !!

Hope you all people are having a great time with your projects. Best wishes to those who have completed the projects and gonna be ready to present and share knowledge.

Do share your experience with all cronies in our team !! All the best....looking forward to see ur posts !

Regards
Srinivas

Thursday, March 25, 2010

SORRY ALL !!

U might not receive the recent updates as presentations keep us busy always ! Will cum back soon :-)

Friday, March 19, 2010

Does JIT work in today's production?

After reading some rather good comments on what JIT and MRP is and how we have defined these two systems in class.I would like to take this discussion in a new direction.



I agree with sir's comments on what these two systems are and how we have defined them and I’m sure we will all agree that we have learned something new on this topic than any other topic within the “Internet” - but amongst the rather fantastical words used to define these two systems I feel we have “dressed” what JIT and MRP is and particularly whether it actually works within today’s production and business world??

 
My feelings are that JIT in particular doesn’t work in majority of companies today.

There appear to be to many risks involved within this system and I believe that there isn’t the room for errors to be made. JIT can save a company time, money and waste but it doesn’t tackle the fundamentals of the physical logistical side, i.e, delivery mistakes or lateness of a product or component. If a product or service isn’t delivered and has detrimental effects to a customer who buys your product/service on the high street they will simply go elsewhere (to a competitor) and buy the same product from them. Customers aren’t patient today as there is so much choice to buy the same product elsewhere.
Too many elements have to be 100% correct, i.e flexible workforce, good suppliers, quality, speed and dependability for the JIT system too work and if one element goes wrong then your company will suffer with great effects – loss in profit due to lower sales, bad reputation as you can’t deliver products etc.
Upon this, I would say that JIT is risky in a competitive market, which incidentally is the case with nearly all products on the market today. JIT was a revolutionary concept maybe 20 years ago and up until this date but I feel that it could cause more harm than good due to the amount of competition today, The only exception to this is in a niche market where customers don’t have the same choice to buy elsewhere as they do in a competitive market and JIT will work.


Please feel free to comment on my views.