Bullwhip Effect: Causes and How to Reduce it?
What is Bullwhip Effect? The bullwhip effect derives its analogy from the whip used for taming bulls used in a…
What is Bullwhip Effect? The bullwhip effect derives its analogy from the whip used for taming bulls used in a…
What is Supply Chain Management? Supply Chain Management is a process ensuring a smooth flow of goods and information along…
Types of Salespeople A salesperson acts as an ambassador of their company for the external world. Other people form an…
What is Automation? Automation entered into operations management with computerization of operations in 1954 when the first computer was installed…
What is Process Design? Product-focused design is also known as a line flow production system. This type of processing system…
What is Production Management? The set of interrelated management activities, which are involved in manufacturing certain products, is called Production…
What is Sales Management? Sales management referred to the direction of sales force personnel. But, it has gained a significant…
The prime responsibility of the sales department is to build up a higher volume of sales. This higher volume of…
Commercial Banking in India At the time of Independence, India had a fairly well-developed banking system with more than 645…
Functions of Commercial Banks As shown in the figure, the functions of commercial banks can be broadly classified into three…