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Showing posts with the label economy

Why every company requires supply chain management (SCM)?

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We have seen many huge factories and many trucks or trailers transporting goods from place to place ever wondered how they perform such a complex transaction so smoothly without misplacing any item? Yes, that’s where supply chain management comes in. In easy words, supply chain management handles the flow of goods or services from the raw components to delivering them to the consumer. Supply chain management is the optimization of product flow from its raw state to the consumer’s delivery. It can include the movement and storage of raw materials, inventory, finished goods, work-in-process, and end-to-end order fulfilment from the point of beginning to the point of consumption. As we know now what supply chain management let's see why people use it. Why company or organization need supply chain management? It modernizes the flow of everything from goods to any unexpected natural disaster Here is some point to state the impotence of SCM: 1) Boost Customer Service 2) D...

Motorcycles or Bikes to have in 2022 for fun and commute in India.

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I f you are Indian or visited India you have seen Bikes or motorcycles everywhere that’s the level of need or we can say the craze of two-wheelers in India. Increasing population and social media have given different hits for all motorcycle companies to raise the bar of supply. As motorcycles are easy to use and maintain, people are diverting their interest from cars to bikes. A major reason why people are going for bikes is traffic, prices, and increasing fuel prices. If a car requires 1 litter of petrol to cover 15-20 km bike can cover that distance in less than half of the car require plus you don’t even need to wait in traffic.   Nowadays people are planning road trips on their motorcycles because it gives a thrill and adventurous experience without worrying about fuel or traffic or parking issues. Social media and movies are enhancing or let’s say promoting the craze for motorcycles. India is youth driven country that loves speed and adventure, keeping this in mind every motor...

Electric cars and growth of India.

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  21 st century without vehicle is like body without soul. Every living creature have come across the vehicle in their life, vehicles are part of life now days. Its ultimate example of how humans have developed throughout the years, in 1885 Benz patented Motorwagen known as first practical vehicle, for carrying people. Now Tesla has made self-driving car, that’s what development mankind has seen throughout the history. How cars are changing the India? As we all know cars are becoming part of life, so every industry is depended on it and industries are the forces that drives economy. Due to Pandemic every industry was going down only medial and automobile industry were stable, because both were essential in that scenario. So government of India has observed this and took decision to promote EV (Electric vehicle), the central government has announced lots of promotional measures in the previous 10 years like, public EV charging infrastructure development, tax incentive...