IT usage and its benefits of Indian FMCG players - Free Essay Example

Sample details Pages: 6 Words: 1680 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? The following table describes the IT usage and its benefits of Indian FMCG players. Only top key players and their benefits of IT usage are listed below. Most of the companies are using ERP SAP for their supply chain processes. Players IT usage Benefits Hindustan Unilever Limited SAP ERP,SAP SCM, SAP NetWeaver, SAP CRM, SAP SRM, SAP Solution Manager, SAP Advance Planning Optimization Production Planning and Detailed Scheduling, SAP Transportation Planning and Vehicle Scheduling, EDI, Internet, Extranet etc. Improved cash management Greater reduction in inventory (detergent business alone dropped inventory level from 105,000 tons to less than 55,000 tons) Achieves negative working capital due to improvement in the information flow across the network Improved in inventory turnover ratio (from 7% to 9.5%) Response Time dramatically improved (from 14days to 2 days) IT facilitated with streaming the business operation, improved information sharing with partners, reduced transaction and coordination cost, improved the operational efficiency and overall organizational performance. Don’t waste time! Our writers will create an original "IT usage and its benefits of Indian FMCG players" essay for you Create order Indian Tobacco Company Limited MFG/PRO, SAP NetWeaver, SAP ERP, CRM, Web-based application. Accounts closure takes place 80 % faster than before. 70% reduction in potential stock-out scenarios Visibility of inventory level across locations thereby reducing the load on the system. Reduction in transaction cost from 8% to 2%. Nestle India Limited mySAP.com, CRM, EDI, RFID, VMI, GIS, GPS, and Internet. Maintains higher inventory accuracy Ease in traceability of materials Increases efficiency and productivity in the warehouse and shop-floor. Improves operation excellence Reduced lead time Dabur India Limited SAP ERP, Web-based application,MFG/PRO, intranet and extranet Improvement sales and distribution system Improvement in demand forecasting Lowered inventory cost Increases in annual sales by 17% due to supply chain efficiency It helps in expansion of distribution network by 19%. Decrease in sales returns and unsold stock inventory. Marico Limited SAP ERP, mySAP SCM, SAP R/3, SAP Business Information warehouse, VMI Achieved improved cash flow to fund future growth. Reduced the production planning cycle time from 30 days to 10 days Decreased stock-outs associated with distributors to retailers by 33% Reduced lost sales due to stock-outs by 28%, which thereby improved the total revenue by 1.5%. Lowered excess distribution inventory by 33% Reduced late deliveries to distributors by 37.5% Reduced cost associated with supply chain exceptions by 25% (For instance, intracompany stock transfers, truck detention costs) Reduced communication costs and working capital requirements. Improved forecasting accuracy at the brand and region level from 70% to more than 80% Reduced Maricoà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s average total inventory by 25% from 29 days to 22 days of supply Emami Limited SAP ERP, SAP ECC, Bar coding, MRP, EDI 10 % improvement in production and efficiency levels. Improved in product identification, traceability and managing finished goods inventory. Strengthen relationships Improved in accuracy of information Improved timeliness Real-time status of raw materials, packing materials, finished goods, and sales information Table 4.2: Indian FMCG playersà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢ IT usage and its benefits 4.6 FMCG Industry Supply Chain Focus Areas The below table shows the key focus areas of supply chain against extent of time spent on supply chain, which is rated on scale of 1 to 5 (level of importance). It is regarding the sum of time spent by the supply chain personnel in dealing them. The key objective of the firm is to produce quality product at low cost and delivery them on-time in the market. The firm can improve the customer satisfaction by producing quality product and delivery them on-time. Hence, the firms have given high degree of importance to order fulfillment and quality. Even though on-time delivery fall below the expanding of company revenues and reducing of inventory costs, but in the level of prioritization, they are found to be guiding factor for customer satisfaction while taking decisions on supply chain. Supply chain focus areas Weighted score for extent of time spent Order fulfillment 4.20 Quality 4.11 Inventory reduction 3.83 Demand forecasting 3.58 Transportation 3.49 Distribution 3.35 Lead time compression 3.21 Table 4.3: FMCG industry supply chain focus areas Source: (Saha et al, 2006) The importance of increasing the sales revenue and reducing various costs and lead times in supply chain is focus to maximize the profit of firm. In face of ever-changing competitive market, profitability of firm is the measure of sustainability. By focusing on operational excellence in the supply chain, the firms can increase their return on investment. It is achieved by enhancing the production processes, reducing the supplier base, innovating new products and services, expanding of distribution and having products in stock on orders. 4.7 IT Investment The IT investment is still a major concern part for Indian FMCG firms. The investment on IT system found to be lower compared to international standards. Although the technology is available in the market, the firms are still lacking behind in using or spending on them. This shows that firms have low understanding of its benefits and usage. The figure 4.21 shows the IT spending of the firms in their supply chain, in reference to gross sales. The overall average IT spending of 1.3% of the respondents is certainly low compared to the overall global average IT spending of 4.93% (Sahay et al, 2006). The IT investment by the Indian FMCG firms is low compared to firms like Wal-Mart and Metro in developed countries (Basker, 2007). However, the organizations have planned to increase their IT investments in the coming years to gain the new market opportunities and market share. Figure 4.21: IT investment by Indian firms Source: (Sahay et al, 2006) According to FICCI Indian retail report, by 2010 over US$2.5 billion will be spent on IT. This includes 40% spent on software and services, purchasing new assets and maintaining of existing infrastructure (Gandhi, 2008). These investments in IT facilitate firms in reaching potential consumers in tier II and tier III cities in India. Increasing supermarkets, hypermarket and department stores in these regions consider a direct presence of firms, which is essential to sustained growth and profitability. 4.8 Comparison of IT Investment of FMCG Sector with Other Sectors in India The below table shows the comparison of FMCG sector with other Indian sectors; their investments in ERP, bar coding, EDI, SCM software, and automated storage and retrieval system (AS/RS). The comparison is made for the degree of IT investment in supply chain automation, in reference to their annual turnover made by these sectors. Figure 4.22: IT investments of FMCG sector Vs other sectors in India Source: (Jharkharia et al, 2006) The FMCG sector IT investment is slightly lower compare to other sectors in India. This indicates that the sector needs to improve their investment in IT in order to gain the operational excellence and efficiency in their supply chain. From the descriptive statistics it is observed that the FMCG sector has made low investment in EDI and supply chain software compared to other sectors. But they have made significant investment on EPR solution, a stand-alone system to compare to other sectors. The FMCG sector should try to observe and learn the processes and technologies using in other sectors, which would benefit to improve their business processes and organization performance. 4.9 Usage of IT Application The usage of IT application in the organization processes are shown in the figure 4.23. The IT application gives both operational and organizational benefits. Comparatively, more Indian firms are using software packages and stand-alone system in their supply chain rather than integration. The pattern in the figure clearly reveals that there is bias towards using stand-alone component in the firms instead of adopting integrated solution. Figure 4.23: Usage of IT applications Source: (Sahay et al, 2006) It shows that only 8% of the respondents using supply chain management solution, which is found to be main area of concern in developing the supply chain capabilities in the firm. But around 22% of the respondents are using ERP solution in their processes. This shows that firms are adopting more towards in-house components than complete integration. When looking into other areas of the supply chain, the firms also need to increase their focus on using IT application in warehouse management and demand management, where these are the major area of concern in managing their inventories. 4.10 Technology Adoption and Usage The technology adoption and usage in India is quite low by international standards. The firms like Wal-Mart and Metro are using the latest technology like RFID in their supply chain, which provide greater inventory visibility. Hence, the firms are facilitates with efficient inventory management and achieves greater reduction in their transaction cost. But, in India the firms are still using bar coding technology for inventory management. Figure 4.24: Level of IT usage among Indian retailers Source: (KPMG, 2005) Even the IT integration is quite low in India, which can be clearly observed from the figure 4.24. Most of the Indian organizations do not have integrated IT system in their processes. It also shows that IT systems used at lower levels in vendor development, supply chain management, inventory management and merchandising. Those are the essential areas for the sector in order to gain the operational efficiency in the supply chain. But the result shows low level indication of IT system on those crucial areas. However, most of firms have plans to implement integrated IT system in the coming years. Figure 4.25: Inventory Turnover of Indian FMCG firms Source: (OC C, 2010) The inventory turnover of Indian FMCG firms is fairly done better management of inventory in 2009. However, the mid sized firms are lacking behind due to inefficient supply chain processes. So, the organizations in India have a major catch-up act to do both in the supply chain management and adoption of technology in order to fulfill these gaps. Definitely, Indian firms can leverage the experiences of international players to advance them in adopting the latest practices in managing their supply chain. 4.11 Summary This chapter analyzed the Indian FMCG industry market growth, trends, importance of SCM practices in the sector and its challenges. And then analysis of various IT components used in the SCM and its impact on supply chain. Then data analyzed on FMCG firmà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s IT investment, usage and adoption pattern. The comparison is made on IT investment of FMCG sector with other sectors in India. The analyzed data reveals that Indian FMCG firms should increase their IT investment, adopt new technologies and integrate IT with SCM. Finally, the discussion is made on analyzed data, benefits of adopting IT in SCM and steps needs to be taken by Indian FMCG firms.

Sexism In The Workplace - Free Essay Example

Sample details Pages: 4 Words: 1216 Downloads: 6 Date added: 2019/04/15 Category Society Essay Level High school Tags: Women Rights Essay Did you like this example? Have you ever felt you were discriminated against because of your gender? Sexism in the workplace is an ongoing issue for females today. Though women have been fighting for their rights for many generations, many types of gender discrimination persist in our society. Lets explore the many different reasons why gender discrimination can occur at work and what effects it may have on individuals so that we can put changes in place which will prevent this from progressing. The main and frequent gender discrimination takes places during the hiring process. Getting a job can be one of the most stressful situations for many adults. Gender has a major influence on what job we hold. When we think of construction workers, presidents, CEOs and police officers we think of men while being a nurse, teacher and flight attendant we perceive it as a females job (Cundiff and Vescio 3). It is difficult for a female to get a job as a construction worker, culture norms made it seem improper for a female to work in this field. Having this job would require hard labor, which many men believe they are the only ones who can do it effectively. As for men, if they did a job that was mostly female-dominated suck as nursing, the public would perceive them as weak, and not manly enough (Settles and OConner 7). Employers are reluctant to hire a certain gender based on the job description. These continuing gender stereotypes often can inhibit females in achieving the higher statu s/position jobs. Don’t waste time! Our writers will create an original "Sexism In The Workplace" essay for you Create order Gender discrimination can occur in many types of job roles/positions. For example, males hold more leadership positions than females. Women comprise 66% of U.S workforce, yet only 21% hold middle management positions, and a mere 15% are at senior management level (Sipe 2). Women are being discriminated against and dont hold a larger amount management level because they are perceived to be weak and unable to work by their male counterpart (Crofts and Coffey 1). There are many unjust situations women experience resulting in fewer opportunities. Females have to face more issues than men, like having children and taking care of the family. In some cases, women have to put their job on hold to take a maternity leave and take a couple of months off from work, while men are free and can get a greater chance of a promotion (Flanagan 2). Women have to work twice as hard than men so they can prove theyre able to the same as them. Having all these obstacles can make females feel its impossible to achieve a role or a job because of there gender resulting in them giving up. University women in male-dominated academic fields were more likely to consider changing their major and that they continued to perceive gender-based obstacles in their fields (Sipe 2). If females arent given an equal opportunity to achieve a higher position, it will result in them getting paid less. Another form of discrimination women face in the workplace is the wage gap. The wage gap is a major controversy brought up in the workplace. At a young age, we were taught that men go out and work while women stayed home and took care of the family. American women have been battling for equal pay for many decades, the Equal Pay Act was to end the idea of men earning more the females based on sex. Although the wage gap between men and females improved we can still see some discrimination against women. For a very long time, it has become a norm that men earn more the women. According to U.S Bureau of Labor Statistics, women earned 81 cents to every dollar men earned (Tufarolo 5). Women are getting paid less for the same workmen are doing. It is highly likely if a male and female had the same education and some job position that the men would get paid more. This can cause many dilemmas for singles mothers taking care of a child. Women have to earn enough money to take care of monthly bills and still have enough money to buy groceries (Fogel 2). Not only is the gender gap affecting the way they take care of the loved ones, but it also affects there retirement plan. If men are earning more than females, men would have a larger margin to save up for retirement (Manuel 6). A certain gender should not influence the amount of money one should make. The amount of education acquired and skills someone has should be the reason why they get paid more. Some females might not choose a certain job even if it pays more because of the fear of being sexually harassed. Gender discrimination can also lead to sexual harassment in the workplace. Sexual harassment can come in two forms, quid pro quo, and hostile work environment. Quid pro quo is when you are put in a tough situation where you have to exchange something to receive something, most people know it has this for that . women are told to do a sexual favor for a promotion or a raise (Sipe 3). The other version is a hostile work environment where an employer might make an inappropriate sexual comment or unwanted touching. This type of sexual harassment can turn into something serious like sexual assault. Women are traumatized and frightened to every report it. Females are hesitant to come forward and report this type of sexual harassment for many reasons. The first reasons maybe of shame, victims of sexual harassment feel violated and exposed while being at the mercy of another person (Burner 1). They often start to blame themselves for the sexual assault and convincing themselves not to report it. The second reason is that victims are in denial (Burner 3). Many victims refuse to accept that the harassment they experienced was assault. They convince themselves it wasnt a big deal. Some victims might even convince themselves they were the only ones victimized and dont come forward until other victims do. The result of denial and hopelessness can lead to depression. The third reason can be the fear of consequences they will face if they come forward with the sexual harassment or assault (Burner 5). This is one of the biggest reasons why females workers dont speak out. They feel that if they speak out, they can lose their job, not be promoted , be seen as an agitator, wont acquire another job or even fear for there safety. Although laws such as the womens rights, equal pay act, and civil rights act have extremely improved and narrowed the glass ceiling, the fights for womens rights is not over. In todays society, we can see that women are still being mistreated. They are being discriminated against because of their gender. Women receive fewer job offers than men, they receive lower pay, they dont hold as much management positions compared to men and are being sexually harassed in the workplace. Women should not have to fight for their rights, again and again, the laws placed to protect all workers rights should be consistently enforced. Discrimination is totally unacceptable in todays society. We must change the united way we think of women and how we treat them. We need to move forward together and change as a society so that no female worker suffers from gender discrimination in the future.

The Death Of A Serial Killer - 1206 Words

A serial killer is a person who kills a number of people. They act in a series of 5 or more murders with a break period between each murder. Serial killers can go for months and years before they are usually caught. The victim is most likely the same for every killer- a prostitute or a hitchhiker -someone who, if they were to go missing would probably not be noticed (cite). Their victims may also have the same or similar attributes in gender, age, race or general look. Serial killers also stick by their modus operandi closely but may change it with when needed. Not surprisingly there also appears to be many theories and debates as to the cause of this destructive and heinous behavior. As with most mental illnesses there is a debate between†¦show more content†¦However, this would change as he would soon terrorize the state of New York. On March 25, 1980, A girl named of Donna Hensley got away from Stano and maher her way into a police station. She told the police that she was a prostitute, and had been confronted by some man requesting her. Once at the motel, she and the man began to argue, then the man pulled out a knife and proceeded to cut her. Hensley demanded that the man be found and charged. An officer investigating what happened was able to stop searching after matching a licence plate to a car that met a description. After running the plate the officer found that it was registered to a 28 year old man named Gerald Stano. At is this time, Stano had a long arrest record but no convictions. A positive identification was made from Stano’s mug shot, and so began an investigation into a series of brutal murders. On February 17, 1980, a pair of college students walked across the decomposing remains of a woman. Police started an investigation after it was determined to be a murder. The victim was a 20 year old named Mary Carol Maher, She was found in a remote area laying on her back. The police believed that after looking at the rate of decomposition that she had been there for at least two weeks. Her injuries consisted of multiple stab wounds to the back, legs and arms. During questioning about the assault

Attacked By A Friend Essay Example For Students

Attacked By A Friend Essay Attacked by a friendLong long time ago in a galaxy far far away?. Really only four years ago on a Friday night in a small redneck town just west of Atlanta. We had just moved to a new home in the same city. My younger brother had a friend, whose name is Jason, spend the night at our new home. As the Friday evening wore on, I mostly stayed in my room on the internet. I did the best as I could to be as anti-social as I could. However, at last, all of the people I was talking to on CompuServe signed off and I was left all alone. Therefore, as hard as it was for me to go to my brothers room and play with him and his friend, I did it. I had a blast. The night was actually turning out to be not so horrible. As the night wore on we continued to play, and then it happened. I swung at his face in a joking manner and with out realizing it, Jason had pulled out a knife and it had cut me. Instead of pain, I felt a surge of pressure being released and I knew what had happened was not good. As I f elt the knife cut into my arm, I could see blood shoot across the room. Immediately I grabbed the cut on my arm and ran to the bathroom sink! Turning my head to yell at my brother I screamed, ?Nathan, get the first aid kit!? The bleeding was not slow; it kept gushing out, with no control at all! Then Nathan returned. ?Here you go!? He said as he handed the box to me. Turning my head to him I said, ?Thats not going to work you idiot!? As I lifted my Henderson 2thumb from top of the wound more blood shot out and was stopped only by the wall. Now what do I do? Oh no! I am going to have to tell mom and dad! I am in so much trouble right now. So I told my parents and was taken to the emergency room in Douglasville, GA. When I first arrived to the ER we where told by the attendant to hold on, so I took my thumb off the cut for a second and when the woman saw that she let me in immediately. While I was lying down on the table for what seemed forever my mother came in and told me about a frightening situation that had just happened to Jason. It is standard procedure to report any stabbing or shootings whether or not it was on purpose. So when the police officer came to question everyone he had first read Jason his Miranda rights but nothing became of it. Jason looked up, scared to death, and asked, ?Am I going to jail We all thought that what had happened to him was very funny. Now most people in the situation that I was in would probably start praying and start losing control. Not me, I do not remember how long I joked around and did not take it seriously. About 3 a.m. the doctors at Douglas General Hospital finally realized I was hurt more seriously than they had thought for the past three hours. Therefore, they decided I needed to go to a different hospital across town and I was transported to another hospital in an ambulance. When I finally got to the hospital and the surgeon meet with us it felt like five oclock. As I was being taken to the operating room I suddenly felt my self getting tired and I all of a sudden got scared! I jumped up because I thought I was dieing, I had lost much blood, and I was Henderson 3had almost made it to the operation room.. Now I am dying! I was very upset and told the doctor how I felt. I was told it was just the drugs inside me taking effect and putting me to sleep. I said one last prayer and then went to sleep. I awoke the next day in recovery and was released the next day. The hardest part of that whole ordeal was I lost a hand to type with for a couple days. English Essays