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PROJECT WE LIKE

RANJITH KR HPDG/OC15/17

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Annexure 1 UNDERTAKING BY STUDENT

I Mr. _RANJITH KR__, having admission no.HPGD/OC15/1726, declare that project work done for Project We Like is my own work conducted as part of my syllabus.

I further declare that project work has been prepared personally by me after viewing the content under ‘We Tube, We Lounge and Newswire’ and it is not sourced from any outside agency or any other student.

I understand that, any such malpractice will result into I being debarred for the subject viva and will be considered fail for that subject. I also understand that I will have to face very serious consequences and my admission to the program will be cancelled without any refund of fees. I am also aware that, I may face legal action, if I follow such malpractice.

I hereby abide to take the viva faculty’s decision as final for evaluation of Project We Like.

RANJITH KR

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1.INTRODUCTION

TO SCM

WE TUBE

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LEARNINGS :-1.The evaluation of supply chain management from the year 1960 to 2000.Evalution process from inventory management to optimized value network to real time decision support.

2.Supply chain is a flow of resources between two parties with the end results of customer satisfaction. The Resources stated here are material information and money.

3.Supply chain involves continuous information flows.

4.Under stood the different supply chain function in companies like Apple, Amazon etc.

5.As like the other function in management the primary purpose of supply chain is customer satisfaction.

6.Sipply chain try to maximize the total value generated.

Logistics and Supply chain

The word logistics and Supply chain is used simultaneously in management process

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LogisticsLogistics is a shorter name of Supply chain management

It is a process of planning and implementing cost effective flow of goods from the point of Origin to the point of consumption.

Logistics simply means storing and movement of goods.

Supply Chain ManagementIt is the wider view of logistics.

Under stood the different definition of supply chain. , BY MIT CENTER FOR TRANSPORTAIONAND LOGISTICS,STANDARD SUPPLY CHAIN FORUM,FORTUNE

Logistics is a part of supply chain

According to council of supply chain management professional Supply chain involves all logistics management functions and planning and management of sourcing and procurement functions

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There four cycles in supply chain management is Customer order cycle, Replenishment cycle, Manufacturing cycle and procurement cycle.Software prospective1.SRM :Sourcing,negotiation,buying ,supply and collaboration2.ISCM :Strategic planning, Demand planning, Supply Planning and fulfilment.3.CRM :Marketing ,Selling, Call centers, Order managementFunctional ProspectiveAll the function of Procurement, inventory control, warehousing, material handling, order processing, transportation and customer service .

Supply chain management faces so many external and internal challenges .

Importance of supply chain management

Supply chain deals with the 4ps in management which help to increase the profit and achieving goal.

In India the SCM sector ins in a booming face ,but still facing so many difficulties like lack of technology Different tax structure ,shortage of expertise etc..

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2. INVENTORY CONTROL

TECHNIQUE

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Cot of inventory contributes the much major portion to the total cost of the product.If we are not reducing the cost of inventory the total cost will increase and it willeffect the final price of the product.

So the inventory control techniques will help us to reduce the total cost of the product and we can able to fix a competitive price for the customer.

Basic objective of inventory control is to ensure the continuous flow of raw material forProduction, reducing wastage etc.…

The different types of inventory control techniques are:-

1.ABC analysisIt is based on the principal OF VITAL FEWTRIVAL MANY PARETO’S LAW OR 80-20 principle.ABC analysis focus consumption criteria.It means to give high importance to those small percentage of input which give you high percentage of out put.A means material with huge in amount and needs critical careB means materials with average amount investing.C materials with easily available and need not need critical care.

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2.HML ANALYSISIt focus on price criteria. It is classified on the basis of price per unit.On the basis of price per unit the importance of material is classified as High, Medium and Low.Management will keep a price range for each category.

3.VED ANALYSISClassification on the basis of criticality. Criticality here defines without those items the production will stop.Here the stock out of material create huge cost.VED : VITAL,ESSENTIAL,DESIRABLE.Vital :Without this production will stopEssential :Stock out cost very highDesirable :Nominal expenditure and create short term production issue.4.SDE ANALYSISAnalysis on the basis of procurement, means availability, scarcity and the time required

SDE means : Scarce, Difficult, Easy

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5.G-NG-LF ANALYSIS OR GOLF ANALYSISClassification on the basis of suppliers.Classified as govt, non govt, local and foreign.6.S-OS ANALYSISFollows by companies which are procured raw materials on seasonal basis.Classified as Seasonal and Off seasonal.7.F-S-N ANALYSISClassified on the basis of consumption figure. Means fast moving, Slow moving and Non-moving.8.XYZ ANALYSISAnalysis based on the stock in hand .X have the inventory are high and y have moderate inventory stock Value and Z have the low value.It is similar to ABC and HML analysis technique.

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3. Hospital Accreditation and

Approvals

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Approvals needed for a hospital

1.Apprval from Charity commissioner -------Trust Hospital2.Approvals from local Governing Bodies.3.NABH4.ISO5.DSIR.

Local governing body approvals fora. Permission for land utilizationb. Water and electricity permissionc. Sewage plan approvald. Bio medical waste disposal approval.e. Fire and healthcare licensef. NOC fro local bodies

Permission required before SanctionA. Permission for land utilization

First approval from local body ad the state ministry. Also require the approvals for change the category of land

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NOC for construction ,Relaxation on density, height and ground coverage

Approval from airport authority of India. Noc required for height clearance if the building lies within 20 km radius of airportPermission for coastal Zone management authority wen the land is near to costal zone(500mtrs)

B. Sanction StageApproval from national monument authority of India if the building is in 300 meters radiusApproval from tree authority committee, heritage conservation committee, railway authority, Port trust, Defiance.Noc from Road owning authority, Traffic co ordination dept., Chief fire officer, Chief controller of explosive, Ministry of environment and forest, Chief inspector of factoriesC. Sanction/Building Permit StageApprovals from DCP, Power supply agencies, water supply agencies, storm and drain dept.

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4.Construction StageApproval from central ground water dept., Intimation to local body5.Completion StageNoc from lift inspector, Certificate from local bodyDocuments submission before Start workingAppendix 1,Supervision of building work, structural stability, indemnity bond of rs100/-,general specification sheet, Drainage permission, appendix 8,photo coy of registration, certificate from structural engineer.Certificate of town planner, rain water harvesting, tree plantation certificate etc.…Owner ship documents, quality certificate.Other important things areInsurance, safety measures, Standard operating procedures, ISO certification.NABH certification

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4. Warehousing and its Role in Supply Chain

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LEARNINGS:-Under stood the difference between logistics and supply chain management. warehousing plays a vital role for the smooth functioning of logistics and supply chain management.Indian warehousing sector is in a booming stage.Logistics mainly considering as warehousing and transportation

Functions of warehouse.

Receiving of goodsStoring of goodsPackaging of materials for shippingDispatching to desired locations.

Warehouse reduce the gap between supply and demand. Transport infrastructure, Good customer service etc..

There are different types pf ware housing componentsBuilding

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StorageMHELocation identificationInformation technology

Other facility areACSafetyLightingCivilVentilation Etc.

Storage FacilityPalletized Storage.Picking Solutions.Steel containers.

Material Handling EquipmentFork lift

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Hand palletsArticulated TruckOrder Picker/Stock PickerReach trucksCarouselsLights based picking

100%error free, fastest picking, Better utilization of manpower

Cleaning equipment in warehouseSweeperScrubber

Computers and system

Wms,ERP System, Bar code Scanner

Understood different storage platformsAnd the publications in INDIA

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5. Automation and Retrieval

System

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Automated storage and retrieval system consist of three combinations

Intelligent equipmentStorage System WmsEquipmentStacker Cranes:-No steering, Fuel efficient, Smooth and safe

WMSHandling and control system-------Intelligent conveyer management system and Controlling crane

Location management----------Flexible location

Inventory management--------Real time updating

The stacker cranes meets all the desirable features of an MHE. It goes tall, no deration, no turning etc.

Understood the AS/RS of different industries

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Textile industry Engineering IndustryParts and small component industryCargo industryPaper IndustryFMCG and consumer non durable

Under stood the AS/RS system of various Indian Firms

Banking sector

FMCGAutomated warehouse and conveyor network and wall carrying construction

TextileAutomated guided vehicle tracker

PublicationsSemi automated and retrieval system

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Indian NavyFully automated system for small components

Sorting SystemsPallet Sorting Combination of tur table and roller Chan equipmentCarton SortingCombination of Belt conveyors

Other automated SystemsRadio ShuttleCarousel

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NEWSWIRE

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1.TYPES OF INNOVATION LARRY KEELEY

Learnings:-There are two types of innovation ----Incremental and radical.

Incremental Innovation means improvement in existing thing ad radical means finding an new entirely new thing for doing something.Larry Keeley explains that there are ten types of corporate innovations They are Profit model,Network,Structure,Process,Product performance, Product System, Service Channel ,Brand, Customer Engagement.Keeley explains that most of the firms make innovation on the above ten categories.You have to analyze your current innovation offerings and identifies opportunities in different category .Firms can innovate in each of its structural functions. Each department have separate innovation objectives and metrics.So in every business organizations the process have to be innovated at some stage and to be identifies the possible innovations and type of innovations.So the conclusion will say that there are only successful and non successful innovations. The successful innovation will improve the client value and the unsuccessful does not.

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2.SUCCESS FUL INNOVATION CHALLENGELearnings:-An innovation challenge is an effective way to inject some energy into the idea creation of your company. It can be easily executed by using an internal communication platform that every employee has access to, such as the company Intranet, an idea software program, or emailThe main innovation challenges are:Time restrictionsSpecific and FocusedTied to resource.Running of innovations challenges will help us to give an insight to solve current problems, help us to jump start particular effort in organization, help us to align every one to particular strategic objective.Below points to keep in mind for a good innovations challenges.Align the focus to an organizational priorityExplicitly state the challenge questionSpread the wordAssign resources to implement top ideasFrontline peoples faces the problem of innovations. Innovations challenges will to involve them in innovation challenges and will help to solve most problems.

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3.INDIA CLIMBS 15 SPOTS IN INNOVATION RANKING LIVEMINT

Learnings:-India climbed 15 spots, from 81 to 66 In Global Innovation Index. India maintained the top position in Central and south east Asian countries. The ranking is released by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).

Switzerland and Sweden lead the rankings and China is in the 25th position and the became the only middle income country.India scored high on tertiary education and R&D, the quality of its universities and scientific publications, its market sophistication and information and communication technology service exports, where it ranks first in the world, according to the index. According to index India scored  high on tertiary education and R&D.Index also said that India have the potential to become a global drive of innovation including strong market potential. Digital has become a primary driver of strategy development and innovation for business in almost all sectors. The index said that India has the ability to create a unique spot in innovation history to meet its own market requirements by using its cultural advantages of frugality and sustainability. India’s priorities for innovation need to be in the areas of energy, water, transport, health care, food security and digital consumption.

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4. INDIA AT 35TH RANK IN WORLD BANK LOGISTICS INDEX BUSINESS LINE

Learnings:-India has jumped 19 places to the 35th rank in the World Bank’s Logistics Performance Index 2016. The report, brought out every two years, measures countries across six components—customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness. “Improvement in India’s rank in Logistics Performance Index adequately establishes steady performance in our competitiveness in manufacturing and trade that also acts as one of the growth driver of Make in India Programme,” the government said in a statement. The World Bank, however, said that the Indian numbers come with a caveat. “The LPI measures performance at key international gateways in countries such as India and China, but does not address how easy or difficult it is to move goods to the hinterland,” the report noted. 

5. LOGISTICS DATA BANK SET UP AT JAWAHARLAL NEHRU PORT TRUST IN MUMBAI

Learnings:-

The shipping ministry has set up a logistics data bank (LDB) at Jawaharlal Nehru Port Trust in Mumbai. The logistics data bank service would bring efficiency in the current Logistics & Supply Chain environment through use of information technology that would be helpful for tracking and viewing the movement of containers across the port. This LDB Project will provide visibility and transparency in EXIM containers movement and will help in reducing overall lead time of the container movement across the western corridor and lower the transaction cost incurred by the shippers and consignees as a result of predictability and optimization achieved through Logistics Data Bank (LDB) services

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6. RAILWAYS EXPECT INR 500 CRORE REVENUE SURGE WITH FLEXI FARES

The Railways will earn INR 500 crore this year from surge pricing on Rajdhani, Duronto and Shatabdi trains. Indian Railways are looking more viable and are targeting both freight and passenger revenues.Today, for moving a passenger one kilometer, Railways spends 73 paise and in return gets only 34 paise. So the Indian railway introducing the dynamic fare system on an experimental basis.The Railways introducing the surge price, which will translate into an increase in fares by 30-40% for most travelers on the three classes of trains. While the first 10% of the seats will be sold at the base fare, the fare will increase by 10% with every 10% of the tickets sold.Railway is losing its freight share to road sector. So  they are introducing a complete strategy to get back our share and make Railways more viable and competitive  .The freight accounts for 65% of railway earnings, around 25% come from the passenger segment.

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7. DLI TO LAUNCH INTER MODAL LOGISTICS SERVICE

Distribution Logistics Infrastructure (DLI) is planning to launch inter modal logistics services for export and import cargo and containers from their own Inland Container Depot.

DLI, formerly known as Vikram Logistic and Martime Logistic Private Limited (VLMS), has created the integrated logistic park at Borkhedi, which is about 10 km from Butibori Industrial Area and is also close to Mihan (Multi-modal International Cargo Hub and Airport).DLI has created a basic infrastructure at Borkhedi for rail linked inland containers depot, rail linked domestic container terminal, first mile and last mile connectivity by road, automobile logistic park, liquid tank farm for liquid cargo, private freight terminal for break bulk cargo and dedicated warehousing for transit and bonded cargo.The company has invested about INR 100 crore on the facility, which will provide direct employment to 150 people and indirect to about 450. Setting up of a dedicated warehouse as per the need of customers on 1.50 lakh square feet was also on the cards. 

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8. WHY YOU SHOULDN’T EXAGGERATE ON YOUR RESUME

Learnings:

If we exaggerate on our resume and are invited in for an interview, we are going to have to defend what we wrote. The more we try, the more obvious it will become to the interviewer that we lack enough confidence in our self to stick to the truth.

If we exaggerate on your resume and pass the interview, the company will check references and they will discover that none of the references can confirm the information on our resume.

 If we exaggerate on your resume and somehow make it all the way through to hiring, we will have to deliver on the job

If we exaggerate or lie on a resume and you are found out later, you can be fired and might even ruin your chance to ever get hired. In some states, we could be charged with a misdemeanor or even a felony.

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9. TOP 3 TIPS TO ACE A JOB INTERVIEWLearnings:-The detailed three steps you must follow if you want to ace your job interview, as detailed below.

1. Do meaningful research Anyone can read a company’s website, and your interviewing

competition will do just that,” stated Career Junction, adding that job-seekers must dig into “as much recent history of the company as you can find 

Recent earnings reports for public firms, press releases, social media profiles, and articles in the media are good sources of information.

2.    Take cues from your interviewer Listen and watch the interviewer, answer the questions asked,

and don’t only rattle off topics you feel show you in the best light.

3.    Treat interviewers like clients You would never dream of not following up with a client or

potential client, or not thanking them for their time,” stated the post.

Ask what the priorities for the position are and find out about the main challenges they want you to tackle.

 

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10. 10 QUICK CHANGES THAT HELP YOUR RESUME GET NOTICED

Learnings:-1.    Submit your resume in Microsoft Word format.2.    Do not include tables in formatting the text.3.    Be aware that there are many ATS providers, including archaic and new versions. As a candidate, you have no way of knowing which one your resume will have to deal with, and pdf files or files formatted in other ways might not be able to get read into every type of ATS software.4.    Don’t format your resume by way of the use of a resume template.5.    Use the standard, customary section headers for sections and put them on separate lines.6.    Type those section headers in all capital letters, such as "Professional Experience," but do not type anything else in all caps. Of course use a capital letter at the beginning of a sentence, for the words in course titles and for all proper nouns.7.    Be consistent when listing your previous companies and titles -- whichever you want to list first for emphasis.

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8.    List a company name with its appropriate suffix such as Inc. or LLC. Otherwise, the company name could be mistaken for a different company.9.    Separate each resume section by a blank line, but never add a blank line within a paragraph.10.  Do not number the pages because computers see all information as continuous. Your page number would wind up appearing at random somewhere in the middle of the document. 

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WE LOUNGE

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MS.SAREETABHATIKAR

HEAD BUSINESS HR (OPS) & EMPLOYEE RELATIONS--

VODAFONE

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Learnings:-From this video I understood various points as she spoke about her career journey for the past 12 years .Started her career in L&T info tech and a journey of 12 years and now in Vodafone .Over the past 12 years she handled various aspects of HR such as performance management and recognition ,talent management, diversity etc..In this video she states that the continuous learning will help a person for a good career. she advice to be open to the diversity and adaptability of HR roles. We must keep our self updated about the industry we are in on a daily basis.She spoke about the evolution of HR functions in India over the past 30 years.From the old payroll system to human resource development partnering.HR industry is no more transactional today and every companies now understand the necessity of HR .She also spoke about the growth drivers on HR industry for the next 5 years.As per her view business partnering will be the key growth driver in HR industry.

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She clearly explains the SWOT in HR industry.Strength of the HT HR industry is Human ResourcesWeakness will be the lack of analytical skill and there are numerous opportunity for HR and the major treats will be the automation in HR industry.Major Challenges faced by manpower will be on the basis of demand and supply of manpower. The demand for an HR professional with business acumen is really high but the supply is vey less. The next challenging faces is the lack of varied skills professionals.She explains her shifting from a college student to a corporate world.In corporate world we have to fix our own bench mark for your growth.The tips for a better career growth are:-1.Speak your mind.2.Don’t promise if you cant deliver.

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3.Continously reinvent yourself4.Don’t forget to ASK

Apart from a good college degree we have to upgrade and acquire lots of outside knowledge for a better opportunity.

She explains the hiring process in HR industry.She explains about the creative thinking.

The video is very help full to under stand the HR functions and its modern role in the current business world. It help us to understand the various aspects of HR and its strength and weakness.IT helps us to understand the precaution measures before entering in to a corporate world .

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MR.JAYMIN SHAHCOUNTRY MANAGER ,SCOTT

SPORTS INDIA PVT LTD

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LEARNINGS:-He started as an category manager in Hyper city retail India and the moved to Scott Sports India pvt ltd. He explains hos journey from the college out to Scott India. He takes the risk of accepting a job from a small company he succeed it.

He explain his success mantra was what we do ,do it with passion and like. If we do it with passion we will succeed in our career. Now Scott sports is the only company to have direct presence in Indian market unlike other similar companies.AS per his vision the Indian sports industry is in a booming stage and will expect trillion dollar revenue from 2020-2025.

He also explains the growth aspects of sports industry in India. In India the Television plays a vital role in the expansion of sports. Now a days more and

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Children's take sports as a career. But the main challenges faced by the Indian sports industry is the lack of expertise in each fields. Not much trained professionals in sports industry for education the public. As per his concern the booming sports sector in India is Badminton, Tennis and cycling. He explains that the practical implementation of theories only help us to achieve our career growth. Unless we implement the theoretical knowledge in practical we couldn’t under stand our drawbacks.

According to him the financial knowledge help him a lot in his professional career. He states that understanding our fears and failures will help us in career growth .It will help us to work hard for the success.

On the conclusion he states that without choosing a career as per our passion we cant achieve our career goals.so we have to choose a career with our passion and like.

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MR.MANESH JHUNJHUNWALA

CFO UPS INDIA

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LEARNINGS:-From this video I understood his career growth from child hood to Ups. He begun his career at the age of 9 yrs. Previous to UPS he worked in his own firm and other two firms which help him a lot to build a career in ups. He share his experience with the Malaysian company.

As per his concern inviting challenges will help a person to perform better. He shares the advantages of MBA in a financial sector. The main advantages he states is it will help a person to be presentable.

He share the experience with UPS.UPS is now the no 1 cargo company in the world. They mainly concentrated on express cargo, which means collecting parcel from home and deliver to the desired address.

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He also share the quality of hiring peoples in UPS and the what are the points we have to keep in mind for creating market for UPS like company. There are organized and un organized players in logistics sector in India. And in India logistics sector contribute 8 percentage to the total revenue of India.

He also shares the challenges facing the logistics sector in India. The main challenges in India is lack of automation, Lack of infrastructure and the zip code issues.

He also shares his personal point of view in logistics sector and his strength and weakness.

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THANK YOU