Thursday, September 3, 2020

Total Quality Management Essay Example | Topics and Well Written Essays - 750 words

Absolute Quality Management - Essay Example Absolute quality administration has changed the customary administration style until the end of time. It was an exceptionally extreme development those days. A portion of these progressions are radical even today. Not many of these progressions are talked about beneath. The customary method of the board concentrated on inside exercises. Quality had a significance which was absolutely inside characterized. Items or administrations gave by the association were thought to be acceptable in quality if this association has put forth a valiant effort in delivering that item or administration. In any case, in absolute quality administration, the center is the client. With the goal that extreme decider of the quality is the client. Fitting to the client prerequisite was the least necessity while pleasing them is a definitive objective. Generally individuals thought terrible quality items are because of the laborers who don't play out their activity effectively. One of the significant contrasts between all out quality administration and conventional administration style is the task of the duty of the quality to the administration. Particularly obligation of the quality goes into the center level administration at the operational level. All out quality administration is an association wide development. All the association must be in solidarity to apply TQM standards. Complete quality administration, in contrast to customary administration, requires a high measure of group working. ... Quality is inbuilt to the framework with the goal that items are guaranteed to be in acceptable quality. Some choice like narrowing down the provider base is absolute quality administration ideas utilized for this reason, which is progressive still today.â Dissimilar to in customary administration style, all out quality administration settles on choices on raw numbers. Hence issues are distinguished accurately. Along these lines arrangements are very much arranged. TQM relies upon cyclic reasoning. Additionally, it is consistent. Along these lines enhancements are little, steady and nonstop in nature. This is otherwise called Kaizen. These occasions are utilized in teambuilding, conceptualizing, and choice making.â â

Saturday, August 22, 2020

Cigarette taxes comments Essay Example | Topics and Well Written Essays - 500 words

Cigarette charges remarks - Essay Example He is evaluated, for instance, 10 pennies as duty for each crate. Since he bought ten boxes, he should pay a dollar for charges. Presently since he wouldn't like to make good on that much assessment, he distorts the receipts, delete the 0 to cause it to create the impression that he just purchased 1 box, rather than 10. At that point he just pays 10 pennies. This is tax avoidance. What's more, it is unlawful. Expense evasion then again is the point at which an individual picks legitimate intends to make good on less assessment. For instance, New York City charges 10 pennies for every case of cigarettes. Be that as it may, in Austin, Texas, for instance, the cigarette charge is just 1 penny for each crate. An individual maintaining a strategic distance from expense would prefer to purchase cigarettes in Austin than in New York City. This is lawful. He doesn't distort anything. He doesn't under-pronounce sums. Presently it is reasonable that individuals stays away from charge. Individuals need to set aside cash. They would search for places where they can purchase things less lavishly. That is nevertheless common. Also, they couldn't be blamed for that. They can't be accused on the off chance that they search for places who charges lower expenses and purchase their cigarettes there. Also, they can't be accused on the off chance that they pick techniques to restrain the duties they pay as long as they do it legitimately. Presently, with the issue of the city losing income, I figure it very well may be tended to by defining better administrative strategies. They could advance successful anticipation of pirating of cigarettes, limit mail-request buys. They could likewise be stricter in upholding licenses and they could rebuff unlicensed merchants and those that damage the law. As for the individuals who maintain a strategic distance from charge by purchasing from out-of-state retailers, I don’t figure they can take care of that. It would be too expensive to even consider putting check focuses on state limits. On the off chance that the cigarette is purchased in another state inside the US, it is hard to keep it from entering another US state. This is additionally the equivalent or individuals who purchases cigarettes in obligation free shops. In entirety, in spite of the fact that I concur that

Friday, August 21, 2020

Satyapaul Essay Example For Students

Satyapaul Essay Entry level position REPORT Genesis Colors pvt. Ltd. : Satya paul Richa Tiwari MFM: 09-11 GENESIS COLORS PVT LTD Genesis Colors Genesis Colors pvt. Ltd. Beginning extravagance BRANDS †¢ GENESIS COLORS Genesis Colors (P) Ltd. was built up in 2001 with a dream to make a worldwide design combination on the lines of global style houses. While taking premium Indian style marks to the world the organization has likewise spearheaded the idea of extravagance retail in India. Beginning LUXURY After lance heading corporatisation in the Indian style industry with premium creator names, for example, Satya Paul, Deepika Gehani, Samsaara, Shobhaa De and Bwitch, Genesis Colors Pvt Limited, set up in 2001, forayed in the year 2008 into the advertising and circulation in India for incredibly famous extravagance marks through its new division, Genesis Luxury Fashion Pvt. Ltd. †¢ SATYA PAUL †¢ Satya Paul is a prestigious name in the realm of women’s wear for his imaginative virtuoso in the region of flawless prints. Satya Paul is known for his plans motivated from the Mother Nature. The planner gets the motivation from the life and from the entire world around us. †¢ Initially the Satya Paul line comprised of sarees and textures however in the long run extended to incorporate scarves and ties which are in its assortments today. †¢ Today Paul’s child Puneet is the head creator for the Satya Paul brand. He works with weavers, printers and specialists to join conventional techniques and present day innovation. With his garments Satya Paul would like to have an effect on the world OTHER BRANDS DEEPIKA GEHANI Samsara B! witch Tie Rack †¢ Deepika’s assortments are portrayed as refreshingly female and chic. Related with Genesis Colors Pvt. Ltd. since 2005, the brand has won awards for bleeding edge plans at Indian and universal design occasions. †¢ This lavish dwelling place of style, which has in excess of twelve top of the line idea boutiques across India and the Gulf, is an onestop planner goal that gives high design apparel, shoes, frill and home decorations †¢ India’s own one of a kind creator unmentionables mark is energetic, enticing, and popular undergarments for the contemporary Indian lady. A style for each disposition, thought and event that praises the outfit as well as highlights her structure. Beginning Colors consented to a permitting arrangement with Tie Rack London and acquired the brand India in May 2009. Embellishment go accessible in Tie Rack stores in India incorporates ties, sleeve buttons, shirts, watches, belts, wallets, silk scarves, shades, portfolio packs for men. THE INFRASTRUCTURE Design studio Manufacturing The initiation of the Satya Paul Design Studio goes back to 1985, when the Indian style Industry was still at an incipient stage; it quickly settled itself with the creativity and nature of its printed textures and pieces of clothing. Throughout the years, the in-house computerized structure studio has formed into a benchmark for feel as well as for its specialized ability. It includes the whole structure process from yarn and weaves, printing, weavings and hand painting to designs, adorning and wrapping up. Beginning Colors is one of only a handful scarcely any organizations that can flaunt innovation driven, completely computerized creation offices in Mumbai and Gurgaon. These best in class offices include exceptionally propelled hardware and an aggregate workforce of in excess of a thousand talented experts. Coordinated with a committed quality cognizant creation group, these offices contain explicit units for printing, coloring, weaving and sewing. Crucial Satya Paul label’s mission is to serve its dream, the Satya Paul client. She is the worldwide lady of today; astute, responsive, satisfying numerous jobs †nurturer, corporate hello there flier, world resident and biological guardiansecure in her own skin. The name answers her style needs with the Satya Paul product offering saries, combination and western garments; scarves, stoles, packs, extras and texture. Devices utilized are shading and print, material and surface, line and outline, yet above all else a reasonableness that spans past unadulterated design and has an inseparable tie to style. BRAND STRATEGY †¢ Satya Paul Design Studio’s development springs from a proactive responsiveness; responsiveness to the client, the earth, the rich Indian culture and legacy. †¢ The studio works from the quality of being a brand that started the vertically incorporated, idea to-client process, a procedure that starts with the yarn and stretches out to the independent or franchisee store. The promoting however, doesn't start with or end there; at Satya Paul, the catwalk introduction is characteristic for the whole procedure. Incredible gems motivate plan and texture themes; unrecorded music organizes a catwalk introduction, making it an important visual encounter, helping top-of-the brain brand review! This reaffirms Satya Paul’s connectedness to the world we live in and pla n for. BRAND PRESENCE Augmenting the brand’s height and building up its worldwide nearness is a committed workforce of more than 300 prepared experts in structure and business. The studio’s wellnetworked promoting group circulates the item through a chain of restrictive salons, independent and franchisee shops, head design stores and boutiques all through India and in a few remote urban areas. Beginning Colors Pvt. Ltd. , the holding organization, deals with expanding sends out through new roads in nations like UAE, Hong Kong, Singapore, United Kingdom, Sri Lanka, Ireland, Germany, Italy, U. S. An and France. Group The brand is lead by Sanjay Kapoor, who supervises Finance and Marketing Jyoti Narula, who is hands onto Operations and Logistics and Puneet Nanda, who is the Design head for Satya Paul. Assembling PROCESS The Satya Paul fabricating process joins refreshed conventional strategies and present day innovation. The strictest quality control measures are vital to the whole procedure and a regard for specialist, network and nature advises all that the name starts, regardless of whether it is the executives staff connections or the eco-cognizant work forms. My Trip to El Salvador EssayThis is required to put the item not for authority portion yet certainly for the excellent section of the Indian market. Value BRAND PERCEPTION PRICE PERCEPTION TITAN (sonata) maxima HMT Timex TITAN (fastrack) TANISHQ TITAN(Raga) ROLEX CITIZEN CASIO RADO ROLEX BRANDS P R I C E TANISHQ ZEIT RADO CASIO CITIZEN TITAN(Raga) TITAN (sonata) maxima HMT Timex TITAN (fastrack) PERCEPTION WATCH MARKET MAP Formal/Classic Omega,Rado, Longines Raymond Weil Tissot Timex TITAN, RAGA Citizen Nebula Sonata, HMT, Maxima Zeit By SP XYLYS Price Rs 500 1000 2000 4000 5000 10000 20,000 + Espirit, Swatch Fossil Giordano, DKNY, Carrera Tommy Hilfiger Fastrack Tag Heuer Hugo Boss C Dior Fashion/Sporty AS A PRODUCT †¢After contemplating the buyer audit while study we arrived at the resolution that chain ties are in the vogue and favored by the majority. †¢As such the Indian brand for creator watches is absent. Thus, Satya Paul stands a decent potential for success of having in the market with a one of a kind character for the Designer watches. Highlights for the item will be as per the following: †¢ Product is sensitive and should convey the possibility to take into account then top of the line advertise fragment. It is an extravagance item, superficial point of interest. †¢ They are high caliber, valuable, sensitive. †¢ Prefer to have the valuable stones and the chain lash as study portrays a similar that most inclinations are of the cowhide ties and chain ties. Value †¢The infiltration value system will be adjusted to showcase ZEIT to the clients. The cost will be set in the scope of 4,000 INR to 15,000 INR at presentation stage and cost will be explored at later phase of item lifecycle. †¢Consumers for the most part like to spend Rs. 5000 to Rs. 25000 on a watch. where as portion of Rs. 5000-Rs. 0, 000. Is favored by half of the customer advertise. †¢ We als o break down d that individuals are prepared to shell rs 5000 †rs 15000 for a SP watch †¢S o w e w o u l d p r e f e r I f t h e scope of our most extreme watches lies in this range o n l y. †¢G o I n g b e l o w 5 0 I n r w o u l d not help us to give the picture of brand of upper center †¢A l s o a n a l y z I n g t h e b a s I c buyer showcase we would propose to have that greatest capability of the market lies in this section o n l y. CHANNEL MARGINS 8-10% Manufacturer Distributer Satya Paul Retailer Final Cons ume r 0% + VAT Net Line Discount= (30% of MRP+ VAT) + 8-10%; When item is sent outside Delhi Net Line Discount= (30% of MRP+ VAT) COMPETITORS PRICE RANGE ANNUAL SALES IN PIECES PROMINENT BRANDS Rs. 20,000 to Rs. 50,000 30,000-35,000 (ESTIMATED) Baume Mercier, Movado, Rado, Longines, Tissot, Raymond Well, Tag Heuer, Christian Dior and so forth. Rado, Longines, Tissot, Citizen, Titan, Camera and so on. Titan, Tissot, Citizen,Pierre Cardin, Raymond Renee, CAT, Romanson, Tommy Hilfiger, Fossil, DKNY and so forth. Titan, Esprit, Pierre Cardin, Times, Citizen, Romanson, Raymond Renee, Sandoz, Casio, Swatch, Giordano, D’signer and so on. Titan, Sonata, Timex, HMT, Maxima Casio, Cizer, D’signer, QQ and so on. Rs. 10,000 to Rs. 20,000 40,000-50,000 Rs. 5,000 to Rs. 10,000 2 to 2. 5 lac. Rs. 2,500 to Rs. 5,000 3 to 3. 5 lac Rs. 750 †Rs. 2500 40 to 45 lac STP Segmentation †¢ Geographic Segmentation: Metro urban communities †¢ Demographic Segmentation: 25 yrs. above, Upper center Premium salary bunch †¢ Psychographic Segmentation: Elite/Professional class, Businessmen, Market smart, prominent official †¢ Behaviouralistic Segmentation: Brand cognizant, Fashion cognizant, Who needs to impart riches, Has gems as shortcoming, Project a certain picture Target Already existing Satyapaul’s clients f

Monday, June 15, 2020

Easy Tips for ACT Science

ACT Science Tips When preparing for the ACT, a lot of students feel like they hit a wall at some point. Maybe your practice test scores are stagnating, or even dropping—it happens. When it happens for an extended period of time, though, you might be in a rut. Help pull yourself off of that plateau with a few tips from one of the least-understood tests on the ACT: science. Examine the Data Rather than focusing extensively on your notes from chemistry and biology class as you study, try working with the data on the page in front of you before you even attempt to bring in outside knowledge. In fact, try to examine the data before approaching the questions.  The vast majority of the science questions on the ACT can be solved by carefully reading the charts, graphs, and information provided. Furthermore, the scientific principles that are tested tend to be relatively simple. If you find yourself trying to recall tiny details from one chemistry lesson three years ago—stop yourself, go back to the data, and start again. Rely on the Passage(s) We cant emphasize this enough: most of what you need to answer the ACT science questions will be found in the passage or passages. When you approach a question, pull out key words and phrases that will help point you towards the correct chart, graph, or section of the text. Sometimes youll have to return to multiple sections and make inferences, particularly on more difficult problems; thats okay! As long as youre relying on the right information in the first place, youre off to a good start.   Take Notes The ACT Science test loves to overwhelm you with information. Expect numerous charts, graphs, and texts to precede each question set. Its a good idea to spend a few minutes familiarizing yourself with this material before approaching the questions. Its an even better idea to jot down very brief notes, particularly about what distinguishes one text or chart from another (for example, uses length as a variable if one experiment does and another doesnt) and circle or underline important pieces of information. This will help you return to the right parts of the passage to get the correct answer all the more quickly and accurately.

Sunday, May 17, 2020

Vocabulary Describing Physical Characteristics

These words are used when describing people and their physical characteristics, including nouns and adjectives. Each word is placed into a related category and example sentences are used to provide context.   Age baby - Everyone goes through a lot of diapers when they are a baby.toddler - Toddlers take their first steps around the age of two.child - Having a child is one of the great joys in life.teenager - Many teenagers have to deal with a lot of stress because of testing.teens - I played a lot of sports in my teens.thirties/forties/ fifties - Most people have settled down by their forties.young man/woman - That young man was very kind and gave me directions.youth - We need to develop some more sports programs for the youth. middle-aged (man/woman) - That middle-aged man asked me for directions.elderly (man/woman) - Take time to listen to an elderly woman. Shell teach you a lot.early  /mid/late - He looks like hes in his mid-twenties.about - Shes about thirty years old.thirtysomething - She told me that shes thirtysomething. Describing How People Look / Seem good-looking - Hes a good-looking doctor with a wife and two kids.beautiful - The beautiful actress turned to the cameras with a glowing smile.pretty - He fell in a love with a pretty girl from Las Vegas.cute - That guy is really cute! Whats his name?handsome - The handsome actor was famous for his love of riding horses.glamourous - The glamorous couple climbed onto their private jet and flew to Paris.elegant - Shes an elegant woman with lots of poise.sophisticated - He was a sophisticated man who enjoyed many different hobbies.ugly  - I look so ugly today! Why dont these pimples go away!hideous - I havent slept in three days. I must look hideous.unsightly - Hes worried that the scar is unsightly.   Build fat - Unfortunately, Peter has become rather fat in his old age.overweight - Many Americans are overweight these days.slim - Hes that slim guy standing next to Peter over there.thin - Angela is tall, thin and very beautiful.skinny - Many people might say that models are skinny these days. Thats very different from being slim.plump - If you drink a lot of beer, youll certainly become plump.stocky - Hes a tall, stocky guy that looks like a lumberjack.well built - Todd is very well built and looks great in a suit.   Complexion pale - If you spend too much time indoors, you might become very pale.tan - After two weeks on the beach, he was very tan.clear - I was happy that I finally had a clear complexion when I become twenty.good - He has good skin. I think hed make a great model.spotty - Older people often have spotty skin on their hands.pimpled - I walked through the crowd of pimpled teenagers and knew I was in the wrong place!freckles - The freckles on your cheeks make you so cute!spots - I cant get rid of these spots on my hands.pimples - I had so many pimples when I was a teenager. It drove me crazy! Facial Features on Men mustache - Curly mustaches are coming back into fashion in places like Portland.clean-shaven - Most men in this city prefer a clean-shaven look these days.beard - Some men wear a beard because theyre lazy and dont want to shave. Hair long - Alice has long blonde hair.short - I like to wear my hair short during the summer.shoulder length - She has beautiful black shoulder-length hair. She looks like a movie star.black / red / brown / grey / silver - Tom has thick black hair.blonde - Hollywood tends to prefer blonde women for certain types of roles.brunette - I have brunette, shoulder-length hair.white - Hes gone complete white in his old age.curly - She likes to wear her hair curly.spiky - Some punks like to wear spiky hair.

Wednesday, May 6, 2020

Zionism and Non Zionists Essays - 1191 Words

Zionism declares that â€Å"the Jews are more than a purely religious body, they are not only a race but also a nation† (Berkowitz 376). Theodor Herzl, the father of political Zionism, states, â€Å"We are a people- one people.† Both Herzl and Berkowitz have interesting key points about a Jewish State, the Jewish religion in general, and how to solve current issues in the religion. A State is formed by a social contract and is still being created today. Rousseau states, â€Å"The conditions of this contract are so precisely defined by the nature of the agreement that the slightest alterations would make them null and void. The consequence is that, even where they are not expressly stated, they are everywhere identical, and everywhere tacitly accepted and†¦show more content†¦This fact proves that all Jews should and will stand together to solve and work out the problems such as poor treatment and portrayal. Herzl emphasizes, â€Å"It is true that the Jewish S tate is conceived as a peculiarly modern structure on unspecified territory. But a State is formed, not by pieces of land, but rather by a number of men united under sovereign rule.† For example, the portrayal of Jews from a non-Zionist is much different from Zionists. â€Å"It is an egregious and fatal error of the Zionists that they accept the misery of Israel as permanent, his wretchedness as hopeless† (Berkowitz 372). Although forming a State or declaring an important religion can be difficult, there are many other risks such as, land disputes, current communities moving to a new land, views of merging with other countries, past and future suffering, and the most important, the emphasis on religion or nation. The first step to becoming a respected religious State is forming a society of Jews to perform scientific and political tasks. Second, Christians and current citizens of the State would be forced to move and find new land, like in times of war or destroyed land . Herzl does point out that if the Jewish State had help from the Christians it would become a â€Å"peaceable voluntary departure of colonists.† Third, the Jews have attempted to merge many places in the social life of other countries and to prefer faith ofShow MoreRelatedThe Rise Of Zionism And Arab Nationalism1407 Words   |  6 PagesThe rise of Zionism and Arab Nationalism in the nineteenth century triggered major political tensions in the region of Palestine. The conflict among the Zionists and Arab Nationalists is primarily due to the politics of territory and is essentially not comprised of religious opposition. In fact, before the advent of Zionism and Arab Nationalism, Jews and Palestinians shared a local identity due to mutual tolerances. This identity, which took precedence over religion, created a vivacious communityRead MoreBuber And Arendt Approaches To Zionism1360 Words   |  6 PagesIn my paper, I will be compared Buber and Arendt’s approaches to Zi onism. Although they both have the same humanist perspective on Zionism, their approaches in their discussion of Zionism is exceedingly different. Therefore, although both Buber and Arendt recognize the importance of incorporating the Palestinians in the process of the creation of a Jewish state, Buber has a more optimistic view than Arendt. However, both Buber and Arendt are critical of nationalism and imperialist power’s influenceRead MoreUS Support for the State of Israel Essay1421 Words   |  6 Pages Christian Zionism is in support of Israel. Zion is an â€Å"age old† name for Jerusalem and the land of Israel. 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Essay1468 Words   |  6 Pagesin well in Eastern Europe as far back as the late 1800s. In his book, Strong Societies and Weak States: State-Society Relations and State Capabilities in the Third World, in a chapter entitled â€Å"Laying the Basis for a Str ong State: The British and Zionists in Palestine,† Joel Migdal describes the hardships that Jews experienced. Many European states were experiencing a Nationalist phase, which, as Migdal writes, â€Å"effectively excluded the Jews.† (Migdal 52). Jews were denied citizenship in countriesRead MoreThe Iranian Revolution and Islamic Movements in the Twentieth Century2793 Words   |  12 Pagesmovement exhibited similar features that characterized the Islamic resurgence as a whole. 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Global Logistics and Supply Chain Management †Myassignmenthelp.com

Question: Discuss about the Global Logistics and Supply Chain Management. Answer: Introduction: Global logistics refers to the process of transporting the products or goods from one point to the end user. Global logistics has been referred to as a management process which analyses the resources procured, stored transported. In order to be effective, proper supply chain management (SCM) shall be practiced within the company (Bloomberg, LeMay Hanna, 2002). With the implementation of global logistics will lead to reduction the cost thereby increasing the efficiency of the company at large. Global logistics analyses and implements the efficient flow of goods from one point to another i.e. point of origin to point of destination. Global logistics refers to as a fundamental process which deals with the relationship between supplier buyer. For example, global logistics in an oil and natural gas industry refers to the process to store, manage transport petrochemicals. The process analyses the costs benefits of various options such as pipelines, and create an optimum solution of the circumstances (Mangan, Lalwani Butcher, 2008). Supply Chain Management (SCM) Logistics: Supply Chain Management (SCM) refers to the process of planning, designing, controlling implementing the various business processes in relation to manufacturing, procurement sales and distribution so as to fulfill the business functions. The activities mentioned above are inter linked and co-ordinated with the supply chain experts to move the raw materials into finished goods and distributed to various locations across the globe (Shahin, 2010). Logistics is referred to as the backbone of supply chain. Logistics refers to the free flow of goods from suppliers to the ultimate consumers. This involves range of activities such as documentation of the data, free flow of information from one point to another. Logistics plays a vital role in the procurement of the goods services from point of distribution to point of sale. The flow of goods or products is done by using range of transportation services such as road, rail, air, water to hold the inventory from being moving forward location s. This process involves various intermediaries such as agents, agencies, suppliers customs department. Therefore, it can be said that Logistics is an integral part of supply chain management (SCM). Logistics and Supply chain management (SCM) go hand in hand (Lummus,et al 2001). Origin of Logistics Supply Chain Management (SCM) The origin of logistics can be seen with regards to the military and defense organizations. It shall be kept in mind that, defense departments make use of the extensive planning which helps to gather men and move the goods from one base or location to another. The success of the defense organizations can be judged on the basis to gather information and use the data to support the units in a simultaneous manner. Similarly, the success of any organization depends upon the visibility and control over its logistics process which is termed to be a backbone for any enterprise (Tokar, 2010). In most the cases, supply chain management (SCM) and logistics are referred to as one. Though, both the aspects are interlinked but this does not mean that they share a similar meaning. The supply chain management (SCM) refers to a design which helps the organization to have a detailed plan strategize the procurement strategy, develop a fair distribution system, well equipped network to transport the f inished product. In case of production procurement, supply chain management (SCM) will be referred to a process of selecting the appropriate vendors, procurement strategy along with lead time to supply the goods on floor (Voudouris, 2008). Logistics in this case means to decide the mode of transportation, data documentation, transit time monitoring the flow of goods and services. In case of finished goods, supply chain management (SCM) means to define the network design along with other distribution channels. It deals with third party logistics, distribution network, establish distribution center and plan for further inventory. Development of logistics as a business function Logistics has been referred to as vital for every business. It has been rendered to as one of the important business function in any company. In case of big global corporates, shipping department has been referred to as the main focus in the success of the company. Logistics in the 21st Century touches each and every aspect of the companys day to day operations. Logistics is essential aspect in the companys competitive strategy survival (Voudouris, 2008). Logistics has been referred to as the critical aspect evolved in the complex business environment. In todays world, the term logistics is referred to as the process of effective efficient flow of goods and services from one point to another. Supply chain is referred to as an important aspect covered under logistics which includes, shipping, receiving storage, transportation and managing the above mentioned areas. Logistics is important to the company as a small business also needs to find a supplier to transport its goods from one point to another. Small business owners also conduct inventory warehousing logistics functions (Drzymalski, 2012). Irrespective of the size of the business, logistics help the company to utilize its supply chain in the best possible manner. Logistics is the main function of the company supply chain is referred to as a complex and fragile endeavor. Logistics management requires a professional approach i.e. to transport the goods from one point to another in the minimal possible time. Logistics supply chain management (SCM) helps in making business an effortless job. Global logistics in context of supply chain Global logistics is that part of supply chain management (SCM) which deals with planning, implementing and controlling the effective as well as efficient forward reverse flow of goods and services between points of origin till it reaches point of destination. Logistics therefore involves transportation, inventory, storage, materials, communication with the third party information within and outside the company. With time, logistics has been referred to as a source of competitive advantage (Rushton, Croucher Baker, 2010). Global logistics management helps the customer to attain competitive advantage satisfaction amongst the customers with timely delivery of the product at the point of destination. Logistics management has evolved in the recent years within the competitive business environment. The modern era of logistics management takes into consideration the following sub divisions i.e. transportation network, data documentation, procurement of the materials, customer service, order management and fulfillment, warehousing techniques, inventory management and materials management. Importance of both (logistics and SCM) in manufacturing and service context Logistics in manufacturing context: Based upon various manufacturing insights report, there are two main aspects to be kept in mind by the manufacturers i.e. use of technology operations. These two aspects will help the company to focus upon its efficiency in the long run. Therefore, in order to increase the efficiency the manufacturing company shall practice a fair logistics system to transport the inputs from one point to another (Rushton, Croucher Baker, 2010). Supply chain management (SCM) in manufacturing context: Supply chain management (SCM) has been referred to as a systematic approach which helps to manage the goods from producers (raw materials) to the ultimate customer. Supply chain management (SCM) affects the manufacturing companies in various ways i.e. how the companies interact with the suppliers or customers cost and profits of the manufactured product. Effective SCM helps to ensure that the raw materials arrive at the destination in the stipulated time (Kathawala Abdou, 2003). Whereas, on the other hand a poor SCM might lead to a halt in the manufacturing process. It shall be seen that, if the supply chain breaks in the middle i.e. before the arrival of the inputs the supplier would be required to arrange the inputs quickly resulting in high prices low profitability. Lowering the distribution cost has been referred to as an important aspect of the supply chain management. With the help of cost effective supply chain, the ma nufacturers will be able to reduce the overhead costs direct sales at the same time (Frazelle, 2002). In todays competitive business environment, manufacturers use various new technologies such as use of fuel efficient vehicles, navigation systems with the drivers, cost effective order processing machines so as to lower down the costs and boost the overall profitability of the company. Manufacturing managers tend to find a balance between owned distribution systems contractor services. It shall be seen that, building in house distribution system is a costly affair when it comes to repair service the vehicles. But, this provides the company full control over its supply chain. On the other hand, relying upon the contractors can be referred to as a reasonable process but high levels of risk are involved in the same. Modern manufacturers tend to squeeze every ounce of the production process in order to remain competitive in the global market place (Drzymalski, 2012). Various quality improvement techniques such as six sigma, supply chain dynamics, collaboration between suppliers custom ers have been introduced to practice a smooth SCM. Just in time is another supply chain technique where in automatic processing is done between computers at the suppliers and users end. This involves less payment processing time and new orders would be delivered in an efficient manner to the end user without any human interaction. Logistics in service context: The service sector is not only the dominant sector which plays an important role in the GDP of any country but it plays a crucial role in foreign investment flows and large scale employment. Some of the activities covered under the service sector are hotel hospitality industry, transport, storage, insurance, real estate social and personal services (Coyle Coyle, 2009). For example, in case of courier services logistics plays a crucial role in delivery of the courier to its point of destination within the stipulated time. Use of various means of transport such as road, rail, water, helps to attain remarkably in this sector. Supply chain management (SCM) in service context: Building a strong foundation for supply chain in the service sector has been referred to as a crucial aspect. Supply Chain management (SCM) is applied in the service sector to provide customer satisfaction success of the company in the long run. Supply chain management (SCM) is critical to business operations and success of the company as a whole. Supply chain management (SCM) touches various aspects such as growth in the multinational companies, expanding globally, fluctuations in the market strategic partnerships. Supply chain management in the service sector is mainly concerned with planning and managing the activities from raw materials to finished products. It includes range of activities such as support functions to deliver the goods to the ultimate customer in the stipulated time frame. Supply chain management helps the service organizations to improve customer satisfaction reduce the operational costs (Coyle Coyle, 2009). Conclusion Hence, it can be concluded that Supply Chain Management (SCM) refers to the process of planning, designing, controlling implementing the various business processes in relation to manufacturing, procurement sales and distribution so as to fulfill the business functions. The activities mentioned above are inter linked and co-ordinated with the supply chain experts to move the raw materials into finished goods and distributed to various locations across the globe. Logistics is referred to as the backbone of supply chain (Bowersox Closs Cooper, 2007). Logistics in the 21st Century touches each and every aspect of the companys day to day operations. Logistics is essential aspect in the companys competitive strategy survival. Logistics has been referred to as the critical aspect evolved in the complex business environment. In todays world, the term logistics is referred to as the process of effective efficient flow of goods and services from one point to another. References Bloomberg, D., LeMay, S. and Hanna, J. (2002).Logistics. Upper Saddle River, N.J.: Prentice Hall. Bowersox, D., Closs, D. and Cooper, M. (2007).Supply chain logistics management. Boston, Mass.: McGraw-Hill/Irwin. Coyle, J. and Coyle, J. (2009).Supply chain management. 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