AskRajan

Overall Equipment effectiveness

Companies that have implemented Total Productive Maintenance (TPM), often do this as a part of an implementation of other manufacturing improvement procedures such as Six Sigma, Lean Manufacturing and Quick Response Manufacturing. When businesses want to evaluate the relative success of their TPM procedures they often use a set of measures that are called Overall …

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Foreign exchange - spot and forward contracts


Foreign exchange is simply the exchange of one currency for another, but it can take many forms. This article covers the two basic foreign exchange products - spot and forward exchange contracts.

Spot foreign exchange
A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for …

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CO FOUNDER OF APPLE
TECH VISIONARY
CREATIVE GENIUS
WHO GAVE THE WORLD
ipod, iphone, ipad
STEVE JOBS

REVOLUTIONISED
THE WAY WE THINK AND WORK

ONE PERSON CRAZY ENOUGH
TO THINK THAT
HE CAN CHANGE THE WORLD
…

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Purchasing Resume Perfection
By Charles Dominick, SPSM

Your resume (or CV) can either help you greatly increase your salary or hinder your career advancement. Here’s how to achieve the former with your resume.
First, focus on the structure. An ideal structure consists of Name and Contact Information, Objective or Career Summary, Professional Experience, and Education.
Then, consider the …

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In the dialy mileu of work, many of the supply chain professionals and organisations as such forget to update the Vendor Master. I believe all of us who work in supply chain profession either in SAP / Oracle or any other ERP application should have worked with vendor masters.

Vendor masters have critical data such as the address of the vendor, Payment terms, taxes, charges and discounts if …

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Supplier Scorecarding: Just The Beginning?
By Charles Dominick, SPSM, SPSM2
*****

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What Do You Do After Scorecarding?

For many organizations, going from not having a supplier
strategy at all to the point of using supplier
scorecarding can feel like a major accomplishment. But
getting to the point of measuring supplier performance
is more of a beginning than an end.

"There's so …

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Another ERP Project Causes Problems
By Martin Murray, About.com Guide May 3, 2011


Another ERP project has been blamed for business problems. This time the issue is with an upgrade to an existing SAP implementation at Ingram Micro in Australia. The company has blamed the upgrade for the declining operating and net income over the past quarter. The company's net income over the quarter to April …

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