Is Effective Communication Really Essential !

     Communication is the root of any relationship. The obvious advantage of clear communications is that people will easily understand your message. Your customers want to know how you can help them, but they don’t want to have to spend hours figuring out what you’re trying to tell them. Apart from the actual message, your words are communicating, you tell a lot about you and your business by how you present your business in writing. Good communications build your reputation, your credibility, and your relationship with customers, and all of these build your business. When it comes to trips like this, clear communication sets expectations creates a stronger team, and improves morale.

    Communication is essential for creating effective brand messaging. The way your business communicates with customers (through your website, blog, social media, marketing emails, ads or customer support channels) ultimately determines how they perceive your brand.

    Effective communication helps to unite teams, build a positive atmosphere in the workplace and encourage collaborative working, which leads to improved employee engagement, increased efficiency and productivity.

    Poor communication always results in misunderstandings and conflicts. Unresolved or poorly navigated conflicts can damage and even destroy relationships with customers, employees or co-workers.

   For example, Infosys chief mentor N R Narayana Murthy resigned from the chairmanship of Bangalore International Airport Ltd, anguished over the manner in which he was treated by the former PM.This also marks a turning point in private participation in public projects. Murthy's resignation comes four days after Gowda taunted him over Bangalore-centric issues.Gowda wanted to know why the international airport at Devanahalli was getting delayed in spite of Murthy heading BIAL; the IT czar, having travelled the world over, should have come up with a formula to decongest Bangalore. He also ridiculed Murthy's vision for urban reforms in Karnataka.Murthy's brief letter is full of anguish over Gowda's attitude and disappointment over Singh not coming to his rescue.

Future of cold chain

        When it comes to supply chain management, the pharmaceutical industry is characteristically conservative compared to other key industries such as automotive, aerospace & food service. This may be due to the fact that only the basic requirements for pharmaceutical distribution have been outlined in key guidance regulations. It has become clear that actionable cold chain logistics management is vitally important to preserving the efficacy of valuable cold chain- dependent medicines and for risk mitigation. Basic requirements outlined in drugs  National List of Essential Medicines (NLEM) are under the purview of the DPCO for traceability of equipment utilized in the manufacture and storage of drug substance and drug product must be implemented and utilized in the drug distribution space.

Impact of next-gen technology

Innovative technology is already making its way into space, through next-generation shippers and data management devices that not only report on chain of custody and chain of the condition but also have the ability to interact with a user. If we look at some of the reported capabilities of one of the new tech-centric logistics start-ups, Airspace Technologies, they outline system enhancements — some of which are not readily available in the pharma supply chain space. These include the following:

• A digitally integrated, surface, and air expedited transportation network, designed for time-critical logistics.
• Automated data analysis of the fastest origin/destination routings. Taking into consideration real-time traffic conditions and an estimated 25,000 daily domestic flights.
• An internet-accessible “live” visual map interface, displaying continuous shipment status updates onboard vehicles and aircraft.
• Geofencing capabilities to provide shipment proximity notifications to alert necessary personnel

AI enters the scene

Artificial Intelligence (AI) is also becoming more routine in supply chain management. Artificial intelligence can enable exceptional agility and precision in supply chains, regardless of the industry. 

Some of the applications of AI-based supply chain management include:

• Machine learning-based algorithms that are the foundation of the next generation of logistics technologies, with the most significant gains being made with advanced resource scheduling systems.
• Machine learning that shows the potential to reduce logistics costs by finding patterns in track-and-trace data captured using IoT-enabled sensors

Intelligent packaging

    Lastly, companies are developing intelligent packaging and software solutions that leverage some of the aforementioned next-generation technology to provide better transparency, security, and accountability during transit.

    Cryoport has focused on the utilization of packaging and software technology to better understand and manage risk from untrained personnel handling equipment that is responsible for transporting patient-specific, irreplaceable material from the manufacturer to patient.

 

My ViSUME

Report Writing- Step by step guide

What is a Report?

In academia there is some overlap between reports and essays, and the two words are sometimes used interchangeably, but reports are more likely to be needed for business, scientific and technical subjects, and in the workplace. Whereas an essay presents arguments and reasoning, a report concentrates on facts. Reports generally involve presenting your investigation and analysis of information or an issue, recommending actions and making proposals.There are many different types of reports, including business, scientific and research reports, but the basic steps for writing them are the same. These are outlined below.

Step 1: Decide on the 'Terms of reference'

·         What is it about? 

·         What exactly is needed?

·         Why is it needed?

Step 2: Decide on the procedure                                                                     

·         What information do I need?

·         Do I need to do any background reading?

·         What articles or documents do I need?

Step3: Find the information

                The next step is to find the information you need for your report. To do this you may need to read written material, observe people or activities, and/or talk to people.

Step 4: Decide the structure

Depending on the type of report, the structure can include:

·         A title page.

·         Executive summary.

·         Contents.

·         An introduction.

·         Terms of reference.

·         Procedure.

·         Findings.

·         Conclusions.

Step 5: Draft the first part of your report

Step 6: Analyse your understanding and draw conclusion

The conclusion is where you analyse your findings and interpret what you have found. To do this, read through your findings and ask yourself:

·         What have I found?

·         What's significant or important about my findings?

For example, your conclusion may describe how the information you collected explains why the situation occurred, what this means for the organisation, and what will happen if the situation continues 

Step7: Make Recommendations

Step 8: Draft the executive summary and table of contents

Step 9: Compile a reference list  

Step 10: Revise your final draft 

NASSCOM

(NASSCOM) National Association of Software and Service Companies is a trade association of Indian Information Technology and Business Process Outsourcing companies. Established in 1988, NASSCOM is a non-profit organisation.

Recent activities of NASSCOM

It drives growth of the industry in international markets through a combination of policy interventions, market development programs and global partnerships. The India Market Development (IMD) initiative is a market maker for futuristic technologies & verticals in the country.

In a recent news, NASSCOM said that small and medium businesses (SMBs) in India can contribute 30 per cent of the cloud market by 2025.In a survey of 1,000 SMBs in India, NASSCOM found that 60 per cent are already using cloud, though almost half are at early stages of adoption, according to the report findings. In an effort to provide an opportunity for individuals to upgrade their emerging tech skills, including artificial intelligence, NASSCOM has launched a free course on artificial intelligence, in collaboration with the Union IT Ministry.

With a vision to improve artificial intelligence readiness among all individuals in the country, NASSCOM FutureSkills — an online learning platform for the IT industry — jointly with the Ministry of Electronics and Information Technology (MeitY), launched this initiative where is offering on-demand courseware, which would allow individuals to upgrade themselves till May 15th. The president of NASSCOM, stated that the deadly coronavirus has thrown up unprecedented challenges across the world and industries alike. 

                NASSCOM will set up a warehouse in port city Visakhapatnam under its 10,000 Startups initiative to nurture technology entrepreneurs with innovative ideas. The entrepreneurs will be mentored and funded by venture capitalists and other investors under the NASSCOM initiative.

 

SMART Goals - Guide for goal setting

Goals are part of every aspect of business/life and provide a sense of direction, motivation, a clear focus, and clarify importance. By setting goals for yourself, you are providing yourself with a target to aim for. A SMART goal is used to help guide goal setting. SMART is an acronym for Specific, Measurable, Achievable, Realistic, and Timely. When you make goals that are specific, measurable, attainable, relevant, and time-bound, you're increasing your odds for success by verifying that the goal is achievable, identifying the metrics that define success, and creating a roadmap to get to those metrics. Therefore, a SMART goal incorporates all of these criteria to help focus your efforts and increase the chances of achieving your goal.

If you ask most people what is their one major objective in life, they would probably give you a vague answer, such as, "I want to be successful, be happy, make a good living," and that is it. They are all wishes and none of them are clear goals.

How to Make a Smart Goal

1.       Use specific wording.

2.       Include measurable goals.

3.       Aim for realistically attainable goals.

4.       Pick relevant goals that relate to your business.

5.       Make goals time-bound by including timeframe and deadline information.

SMART Goals

Common SMART Goal Mistake: Unattainable Goals

Yes. You should always aim to improve. But reaching for completely unattainable goals may knock you off track and make it harder to track progress. Rather than saying, "We want to make 10,000% of what we made in 2019," consider something more attainable, like, "We want to increase sales by 150% this year," or "We have a quarterly goal to reach a 20% year-over-year sales increase."

SMART Goal Example:

Facebook Video Views Goal

Specific: I want to boost our average views per native video by cutting our video content mix from 8 topics to our 5 most popular topics.

Measurable: A 25% increase is our goal.

Attainable: When we cut down our video content mix on Facebook from 10 topics to our 8 most popular topics six months ago, our average views per native video increased by 20%.

Relevant: By increasing average views per native video on Facebook, we'll boost our social media following and brand awareness, reaching more potential customers with our video content.

Time-Bound: In 6 months.

SMART Goal: In 6 months, we'll see a 25% increase in average video views per native video on Facebook by cutting our video content mix from 8 topics to our 5 most popular topics.

 

 

 

MY VISUME

             Hi! I am Veer Singh Saindhav from the heart of India, Madhya Pradesh. It is famous for cleanest city of India-Indore.

I am currently pursing Post graduate Diploma in Manufacturing Management from the Mecca of Supply Chain National Institute of Industrial Engg, Mumbai. Being passionate towards machines and mechanism, I have completed my Mechanical Engineering from SRM University, Chennai as the Gold Medallist of the batch. And was also awarded ‘Performance based Scholarship’ worth 50k for three consecutive academic years.

Coming to work experience, I have worked at DRDO in the Aircraft group, which is  responsible for planning, coordination of Balakot Strikes in Feb 2019.I handle two projects during my tenure. The first one was on the optimization of manifold problem where my task was to reduce the Flow inequality in the manifold and we were able to reduce the flow non uniformity ratio by 48%. The Second Project was the Design of Composite Console System. The lightweight design proved to be instrumental in reducing fuel cost since every kg saved onboard is proportional to fuel saved

As our final year project, we as a team of 4 members designed and developed a Low Cost Multi crop harvesting machine to cater the needs of small-scale farmers having 1-1.3 hectares of land particularly at hilly terrains. We were able to reduce the cost to 45k from 1 lakh which is nearly 50% reduction. I have also presented a paper as a co-author for the same project at National Conference held in 2018.

Besides this, I am a certified GREEN BELT in SIX-SIGMA from Synergy School of Business Skills.

Apart from academics, I have been an active participant in various workshops, cultural activities and other events throughout the college. Like, I supervised in installation of console inside the aircraft and we have organized a Quiz Competition Event in COMBUSTED 2k16,Tvaran2k17.

Post completion of my diploma I want to work primarily in the operations domain however I am also open for the SCM domain.

As far as my persona is concerned, I am dedicated, persistent and always enthusiastic about knowing people and their culture and natural beauty. Apart from this engaging in agricultural activities, reading novels, reading defence articles in free time-Security Scan RSTV.

Reasons Why You Should Use AI!

 Thanks to the Internet of Things(IoT) , Artificial Intelligence(AI), and advances in sensor technology, a whole host of everyday products are getting smarter. We have smart TVs and smartwatches. We have smart running shoes – or rather, smart insoles – that gather data on your running performance. You can even get smart nappies that send an alert to your phone when your baby’s nappy needs changing.

Here are few huge benefits of smart products:

1. Making your customers’ lives easier (and boosting customer satisfaction in the process)

The smart product trend has particularly taken hold in our homes. Because of the IoT, basic home electronic goods and appliances can gather information on what’s going on around them and respond accordingly. For example, a smart thermostat can heat your home to the perfect temperature in time for your return from work, without you having to programme it.

2. Building better products (products your customers really want)

Making your products smarter is a fantastic way to build a more in-depth understanding of your customers. This knowledge can and should feed into your product design. In my experience, building a better understanding of customers and developing more desirable products is one of the most attractive benefits for most businesses.

3. Responding to customers’ needs more quickly

The customer journey has been forever altered (and sped up) thanks to our permanent attachment to our mobile devices. Because life is so fast-paced these days, we’re constantly making quick decisions, looking up solutions on-the-fly, and seeking split-second answers to the things we want to know.

Vehicle scrappage policy

 

The much-awaited vehicle scrappage policy is in its final stages of approval and will be rolled out within a month as per road transport and highways ministry.

The vehicle scrapping policy is very important for the revival of the auto industry. The scrappage policy is in its last stages of approval and it will come within a month or by month-end. The govt. is set to clear this policy with the approval of the highest authorities which can be a win-win for Indian manufacturers.

The vehicle scrappage policy is expected to entail scrapping of old vehicles in exchange for some incentives for consumers while setting up vehicle recycling clusters to boost use of recycled materials, thereby cutting cost of raw materials.

This will help to reduce carbon footprints as only BSIV compliant engines will run on roads of India in line with PUC rules and regulations.

The proposed policy is seen as a growth driver in boosting demand for new vehicles at a time when the economy is hit by weak consumer sentiment amid covid-19 led slowdown in the broader economy. The vehicle scrappage policy would focus on eliminating the fleet of old polluting commercial vehicles plying on the country’s roads. India has the potential to become a hub for automotive manufacturing globally in the next five years.

Appealing to the auto industry stakeholders to reduce import dependency, he said the government plans to increase import duties on certain imported parts in near future.

This is a good initaitive ogf the Indian Govt. to make India 'Aatmanirbhar' and one of the automotive manufacturing leader.