What is Enterprise Application Integration (EAI)?

Supply Chain Management (SCM) applications (for managing inventory and shipping), Customer Relationship Management (CRM) applications (for managing current and potential customers), Business Intelligence (BI) applications (for finding patterns from existing data from operations), and other types of applications (for managing data such as human resources data, health care, internal communications, etc) typically cannot communicate with one another in order to share data or business rules throughout a company. Enterprise Application Integration (EAI) is the process of linking such applications within a single organization together in order to simplify and automate business processes to the greatest extent possible, while at the same time avoiding having to make sweeping changes to the existing applications or data structures. Enterprise Application Integration (EAI) is defined as the unrestricted sharing of data and business processes among any connected applications and data source in the enterprise. It is considered as a framework that is formed of Continue reading

Case Study of Procter and Gamble (P&G): Structure and Culture

Three billion times a day, P&G brands touch the lives of people around the world. This happens because P&G provides branded products of superior quality and value to improve the lives of the world’s consumers. This results in leadership sales, profit and value creation, allowing employees, shareholders and the communities in which we operate to prosper. The Procter & Gamble Company (P&G) is a brand behemoth. The world’s first maker of household products courts market share and billion-dollar brands. Its business is divided into three global units: beauty, health and well being, and household care. It also makes pet food and water filters and produces soap operas. Some 25 of P&G’s brands are billion-dollar sellers, including Gillette Fusion, Always/Whisper, Braun, Bounty, Charmin, Crest, Downy/Lenor, Folgers (which it reportedly plans to spin off), Gillette, Iams, Olay, Pampers, Pantene, Pringles, Tide, and Wella, among others. The P&G consists of over 138,000 employees Continue reading

Industrial Distribution Channel Management

Channel designing is resorted to by the industrial marketer when he has to  develop either a new channel system or modify an existing one. As channel  design and management is a difficult and an incessant task, an industrial  marketer has to go through certain stages that are involved in designing a  superlative channel system. The various steps that are involved in channel  design process are analyzing needs of the customer, establishing channel  objectives, considering channel constraints, listing channel tasks, identifying  channel alternatives, evaluating alternate channels and selecting the  intermediaries. The industrial marketer also has to take appropriate decisions on industrial distribution channel  management by selecting the right intermediaries based on the various steps.  The intermediaries need to be continuously motivated by means of offering  them various benefits and facilities. Any conflicts arising between the  intermediaries due to various reasons need to be solved by the industrial  marketer. Finally, the entire Continue reading

Morale and Productivity

The satisfaction and comfort an employee experiences at the workplace is termed morale. Morale is a widely used term in organizations. But in general, it refers to esprit de corps, a feeling of enthusiasm, zeal, confidence in individuals or groups that they will be able to cope with the tasks assigned to them. The result of high morale generally results in the high efficiency of the organization. Morale directly impacts the working of an individual in a team towards the realization of common objectives. Morale therefore is individual specific as well as general. Unfortunately building of morale is not a mechanical problem that could be solved by either rewards or punishments. The best way to manage it is to proactively do a lot of employee related interventions that will together impact morale positively. Morale can also be understood as the spirit and confidence with which the employee performs his job. Continue reading

Articles of Association of a Company

The rules and regulations which are framed for the internal management of a company are set out  in a document known as the Articles of Association. The articles are framed to enable the company to  carry out the aims and objects of the company set out in the Memorandum of Association. Contents of Articles of Association The regulations and bylaws laid down in the Articles relate to the following: Share capital and its subdivision into different classes of shares, rights of shareholders and their  variation; The procedure for making allotment, calls on shares and transfer, transmission, forfeiture and  surrender of shares, including lien on shares;   Alteration and reduction of capital; Borrowing powers; Appointment of Manager, Managing Director, Secretary; Declaration of dividend; Procedure for convening, holding and conducting different kinds of meetings, voting rights and  methods; Maintenance of books of account and their audit; Share Certificates and Share Warrants, conversion Continue reading

History and Background of United Parcel Service (UPS)

How UPS Started In 1907 there was a great need in America for personal messenger and delivery services. To assist meet this need, an enterprising 19-year-old, James E. Casey, borrowed $100 from somebody and established the American messenger Company in Seattle, Washington. According to accounts given by Jim there have been quite a few messenger services already within the Seattle area, a number of that he had worked for within the past. That initial name was well-suited to the business pursuits of the new company. In response to telephone calls received at their basement headquarters, messengers ran errands, delivered packages, and carried notes, baggage, and trays of food from restaurants. They created most deliveries on foot and used bicycles for extended visits. only some cars were living at that point and shops of the day still used horses and wagons for merchandise delivery. it might be six years before the u. Continue reading