Saadkhalilblogs

  INTRODUCTION A Dabbawalla basically is a person in India, in the city of Mumbai who has a job to deliver fresh home-made food to office employees. It is basically logistics of home-made food from home to the office of workers/ employees. The food is delivered in tiffin known as lunch box. HISTORY/ BACKGROUND Dabbawalla has a rich history as it started in 1885. When India was under the British due to the difference in culture the British food was not loved by the Indian employees working in British organizations. So, a service started on this concept to bring them food from their home which got to known as Dabba Wala. ORGANIZATIONAL HEIRARCHY AND STRUCTURE The organization has a flat structure. The people of the community are hired normally. The norms, values and beliefs are strictly followed which means the organization as strong organizational culture. Quarterly meetings are held to discuss and resolve if any issue. SUPPLY CHAIN PROCESS OF DABBA WALA The dabba Wala o...

 FIVE STEPS OF CAPITAL BUDGETING Capital budgeting is a multi-step process businesses use to determine how worthwhile a project or investment will be. A company might use capital budgeting to figure out if it should expand its warehouse facilities, invest in new equipment, or spend money on specialized employee training. The capital budgeting process consists of five steps: 1. Identify and evaluate potential opportunities The process begins by exploring available opportunities. For any given initiative, a company will probably have multiple options to consider. For example, if a company is seeking to expand its warehousing facilities, it might choose between adding on to its current building or purchasing a larger space in a new location. As such, each option must be evaluated to see what makes the most financial and logistical sense. Once the most feasible opportunity is identified, a company should determine the right time to pursue it, keeping in mind factors such as business ne...

Payback period: ●        The length of time required for an investment to recover its initial outlay in terms of profits or savings. ●        The shortest  payback period  is generally considered to be the most  acceptable . ●        The longer the money is tied up, the less opportunity there is to invest it elsewhere. ●        Focus on early payback can enhance  liquidity . ●        Investment risk can be assessed through payback method. ●        NPV  ( Net Present Value ) is calculated in terms of currency while  Payback  method refers to the period of time required for the return on an investment to repay the total initial investment. ●        A major  criticism of the payback period  method is that it ignores the "time...

 LEMONADE PRINCIPLE AND ITS IMPORTANCE FOR ENTREPRENUERS The lemonade principle is one of the key areas of effectuation. Once we start on that path of change (it could be establishing a business, personal development, business or relationship improvement etc.) unexpected things happen. This is what the lemonade principle is about – it is also called leveraging contingencies. We understand from the following principle is to turn your challenges into opportunities. Mistakes and surprises are inevitable and can be used to look for new opportunities. It is to expect surprises and welcome contingencies. It is to seek the moments instead of avoiding them.

 BIRDS IN HAND PRINICIPLE AND ITS IMPORTANCE FOR ENTREPRENUERS The Bird in Hand principle of Effectuation posits that effectual entrepreneurs start by looking at the resources at their disposal to determine the various futures (ventures) they can create, instead of having a pre-determined end in mind We understand from the following principle is that how many resources are available to entrepreneurs to create value.   They look at three things who they are, what they know and whom do they know.   In simple it basically is to start with what you have. It is to get a clear idea of what means are available to you and how to use them to get the best incentive.

 HOW TO MAINTAIN GOOD HEALTH STRATEGIES It is also important to look at workplace stress from a financial and economic standpoint. It is generally accepted that untreated workplace stress is associated with increased levels of employee absenteeism and turnover, decreased levels of productivity, as well as lost workdays due to disability or sick leave . Stress has been shown to be either directly or indirectly responsible for early and untimely deaths through heart failure, stroke, high pressure, and a multitude of other stress­ related illnesses To avoid stress and maintain health various methods can be used. The suggested actions can be annual vacations or leaves can be taken, sharing feelings with others, change in routine and day to day activities and taking time out for social activities. Counselling activities need to performed and in extreme...

GENERAL ANXIETY ORDER GAD Generalized anxiety order is one among the foremost common mental disorders. Up to twenty of adults are littered with anxiety disorders annually. Generalized anxiety order produces fear, worry, and a continuing feeling of being overwhelmed. Generalized anxiety order is characterized by persistent, excessive, and unrealistic worry about everyday things. This worry might be multifocal like finance, family, health, and therefore the future. it's excessive, difficult to regulate, and is commonly in the middle of many non-specific psychological and physical symptoms. Excessive worry is that the central feature of generalized anxiety order. It can be divided into different phenomena which includes Etiology, Epidemiology and pathophysiology. Excessive worrying impairs the individual's capacity to try to do...

HUMAN RESOURCE Offices are the substances organizations shape to organize individuals, announcing connections, and work. Departments are ordinarily organized by capacities such as human assets, showcasing, organization, and deals. But, an office can be organized in any way that creates sense for the customer. A division ordinarily has a doled out pioneer or head with the work title of supervisor, executive, or bad habit president. HUMAN RESOURCE BUSINESS PLAN As you connected along with your organization, it's imperative that you simply share the key objectives of your Human Assets office. Something else, how will your organization pioneers get it what value your division adds? They're unquestionably inquiring and have to be see the esteem that you simply bring to the organization. Creating a department business arrange, with input from your organization, permits you to get it and communicate the HR functions' contributions. It permits you to shape the desires that your org...

Require fundamental data almost Human Assets key arranging and administration as a work or division inside an organization? What are the fitting objectives, organization, and activities for a Human Assets division to pursue? Whether your HR work could be a division of one or of numerous, essential Human Assets key arranging that incorporates inside organizational needs appraisal and outside benchmark comparisons is required. Key arranging in human assets permits you to evaluate the requirements of your by and large organization for what administrations they most need and require from you

Globalization, unpredicted happenings, amplified intricacy of supply chain systems along with high customer expectations, inconstant environment, decreasing product and technology life cycles, present pharmaceutical supply chain encounters extensive risks and complexities ›        Supply side risks are observed at the upstream of supply chain. ›        Demand side risks are observed on downstream of supply chain ›        Regulatory risk arises due economic influence in business, policy changes (increase in tariffs & duties), and government intervention in setting prices and limitation of products. ›        Financial risk such as limited capital, shortage of cash for day-to-day operations and increase in exchange rates also contribute to disruption in supply chain. ›        Uncontrolled risk in the form of natural calamities such as ear...

  Positive impacts of Globalization ·        Globalization has opened up new horizons in terms of sourcing. Organizations can now source a variety of goods and services from all around the world, resulting in higher quality and reduced costs. For example, in the pharmaceutical sector, we get API from a variety of nations, the most common of which are China and India. This benefits our company in terms of cost savings and improved quality. ·        Globalization not only open doors for procurement and sourcing but also grabbing new horizon for our own goods and services. For example, export of pharmaceutical products to different countries expanding the client list. ·        Foreign investment is also one of the major positive impacts. Many companies have invested in Pakistan for example in CPEC. ·        Easy access to new technologies and advancements and...

  Uniform customs and document practice UCP 600 The Uniform Customs and Practice for Documentary Credits (UCP 600) of the International Chamber of Commerce is a collection of standards that apply to finance institutions that issue Letters of Credit, which are financial instruments that aid firms engaged in financial trading activities. The majority of banks are affected by this regulation reform. Purpose of use The goal of this regulation is to reduce the risk of product and service trade by establishing proper standard operating procedures, standardized trade rules and regulations, and governing the trade activities that are taking place.

  Foreign Direct Investment ·        It is a form of long-term investment. ·        Less volatile. ·        Considered by organizations on a huge scale. ·        It is basically any investment made a person, an organization in any country in a form of business interests. Foreign Portfolio Investment: ·        It is a form of short-term investments. ·        More volatile. ·        Can be considered by mid-size organizations and individuals. ·        It is basically investments made in another country in financial assets like bonds, securities etc.

  WHAT IS THE BLUEPRINT FOR SUCCESFUL SUPPLYCHAIN INNOVATION? §   Continuous improvement of processes. The improvement should be kept simple and value should be added. When an improvement in process is indicated it should be analyzed and then appropriate actions should be taken. §   Efficient communication should be followed in organizations. The Top management should be easily connected and valued inputs and decisions should be taken from all the employees. §   Risk and cost should not be associated. Innovation should be considered as an investment for a company. §   Innovation should be made to bring in improvement. Proper strategies, techniques and efficient use of technology should be used for innovation. Supply chain should be agile so agility is one of the key components as well as integration and collaboration.

 BLOCKCHAIN AND ITS IMPACT ON SUPPLY CHAIN Blockchain is basically a ledger of transactions. It can be used in Supply Chain to efficiently trace, improve reliability and increase transparency in Supply Chains. As I am working in pharmaceutical industry and of the major obstacle in Pharmaceutical industry is counterfeit products. Through blockchain improvement can be made and counterfeit can be reduced. Pharmaceuticals can have complete tracking and traceability

  DIGITIZATION OF SUPPLY CHAIN AND INTEGRATION OF BIG DATA The basic objective of Digitization of Supply Chain is to increase rapid response and make things transparent. This is done through integration of all the core business functions into one system through efficient use of new technologies. Use of data analytics and creating an environment which is paperless for example use of ERP system like SAP. After successful digitization Big Data analytics is performed. Through big data companies have all the access to information like trends, past data or historical records and even forecast future trends. Using big data supply chain has been explored in a new way. After successful implementation of big data companies are moving towards automation through artificial intelligence. Artificial intelligence is being used to perform supply chain calculations and operational activities.

 ENVIORMENTAL EFFECTS OF REFINERY Crude oil consists of millions of components with the major component being hydrocarbons, along with traces of other compounds, such as Nitrogen, Sulphur, Oxygen and Metals etc. We will be stressing upon the presence of Sulfur element, which is a hazardous material. When the fossil fuels are burnt, oxides of sulfur such as SO2, and SO3, (SOx) are released in significant quantities. These gases are extremely toxic and cause irreversible damage to the environment and living beings on the earth. The presence of sulfur in the atmosphere is dangerous because it promotes formation of smog. Cold, humid air in light windy conditions facilitates fog formation. When sulfur dioxide is present in the lower regions of the atmosphere; it gets trapped within the fog and reacts with it to give sulfuric acid, which forms Smog. This smog then condenses as acid rain, which causes serious soil degradation and destruction of flora. Automobile repair workshops release...

  The petroleum refining sector produces about 2500 refined products, including liquefied petroleum gas, gasoline, kerosene, aviation fuel, diesel fuel, fuel oils, lubricating oils, and petrochemical feedstocks. The activities of a petroleum refinery begin with the receiving of crude for storage, continue with all petroleum handling and refining operations, and end with storage prior to transporting the finished products from the refinery. The global daily oil production is about 95.2m bbl and the largest oil refinery is Jamnagar refinery India owned by reliance industries. Crude oil was the world's top export product in CY19, surpassing automobile shipments, which came in second. In terms of production, the oil refining industry grew at a CAGR of 0.55 percent from CY15 to CY19. Pakistan's total refining capacity is over 20 million metric tonnes per year (FY20), which is nearly equivalent to the country's POL demand. However, due to the Sector's need to function at ma...