Friday 31 August 2018

What are the steps of making the kundan jewelry ?

Kundan” is defined as the most refined gold in its purest form. It is considered as the most ancient jewelry making process in India. In India, during mughal destiny, this kundan meenakari work was flourished. In Rajasthan this work was also on the extreme. Mostly tribal people are included to make this jewelry in it. There are following steps in the making of kundan-meena jewelry in India -
  • Sourcing raw material and drafting the designs
  • heating metal at predefined temperature and pouring gold into moulded sheets
  • meenakari is performed on a lac stick
  • to make engraved designs on gold using steel and make designs of flowers, leaves and fishes
  • polishing the final piece by polishing motor  

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Thursday 30 August 2018

What is the success variables of the an ERP project implementation ?

Success indicators of an ERP software -
Intention to use -
This factor decides the success of an ERP software in a positive manner. The degree of satisfying user requirements by the ERP software can be  the great success indicator of a cloud ERP project.
Individual impact -
There are the following variables which satisfies the productivity of an ERP system -
  • better understanding of the user towards system
  • perception towards the system functionality
  • change in user activity
Organizational Context -
It is found that there is a positive correlation between the stock prices of an organization and success of ERP project. If the cost of operation decreases after the implementation of ERP software and revenue potential increases, so then the productivity of the ERP software is fulfilled.
Project success -
The success of the project should be calculated on the overall basis of the time of implementation, cost, usage, quality and scope. These all factors are combinedly associated with the overall success of an organizational ERP implementation.   
User satisfaction -
This factor decides that how the information with the whole quality is shown to the user and the level of satisfaction is also measured in this category.

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Wednesday 29 August 2018

What are the Saharanpur contributions in exporting wooden handicrafts ?

Uttar Pradesh has one city whose name is Saharanpur. It is basically famous for its wooden handicrafts which are specifically made from Sheesham wood. Here wooden craftsmen are also famous for wood carving work due to scarcity of wooden material.
There is an incredible fact there is associated with the wooden handicraft of Saharanpur that the handicrafts are made in floral motif and in circular geometry. Approximately the wooden handicraft having worth of more than 300 crore rupees is exported annually from Saharanpur only.
The wooden handicraft is also a very important source of income for the inhabitants. According to data, more than 4000 people are directly related as well more than 3000 workers are indirectly related to the handicraft industry.
There are more than 7000 micro units established for wood carving. The main export of handicraft is gone to USA, UK, Spain, France, Saudi Arabia, UAE. Approximately the wooden handicraft having worth of 750 crore INR is consumpt only in international market and more than having worth of 200 crore is consumpt only in domestic level.    

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Tuesday 28 August 2018

What are the project implementation variables in ERP software ?

What are the project related variables of ERP satisfaction ?
Internal support -
Internal support is defined as the company’s top management support, planning, training and team contributions towards the ERP implementation. The positive response of the top management becomes the reason of successful implementation of the ERP project.
Software Selection -
The importance of proper software selection effects the success of ERP implementation in a huge amount. If the necessities of the organization is mismatched with the software functionalities, the ERP software can fail miserably.
Consultant Support -
This factor is an important aspect of the successful ERP implementation support. The capability of the ERP vendor and consultant support decides the successful implementation of the ERP project.
Perceived ease of use -
This factor is the degree of expectation for the front end direct user that with how much free effort he can use the software to fulfill their requirements.
Perceived Usefulness -
This factor can enhance the job effectiveness of the overall ERP implementation. This factor decides that user job performance should increase after successful ERP implementation.

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Monday 27 August 2018

What is the strategy of european countries to dominate increasing chinese furniture ?

The liberalization of international trade has impacted a wooden furniture a lot. It has led to a transfer in manufacturing process of Asia, China and European companies. This thing has affected the furniture industry growth specially to China.
The huge amount of the labour costs has constituted a huge industrial growth to the furniture growth in China and it has crossed all the export limits worldwide. The increasing demand of chinese products have led to end of manufacturing sections in united states.
In USA alone, approximately more than 35% of furniture manufacturing companies have been diluted. Still in Canada, Germany, Italy, Brazil and Mexico are the major exporters of furniture industry.  
To control the increasing effect of the Chinese and other economies in the growing furniture industry worldwide, USA and and other european companies are exposing themselves to the asian companies. They are either taking over to these companies or they are purchasing these companies and franchising in them to control the supply chain process of the furniture industry.
European companies are also starting doing well in the fast growing industry of wooden furniture and handicraft products. Like - IKEA is the great example of the sweden company which exports furniture items to more than 55 countries. It also participates in swedish economy by producing the finished products and goods.
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Sunday 26 August 2018

What is the scope of user variables in ERP software ?

What are the user related variables in ERP ? -
Output Quality -
The quality of output variable in ERP segment is dependent on this point that how much it reduces the gap between the end user and custom functionality process. From different business initiatives this output variable can vary.
Job relevance -
Job relevance means that how much a user can perform the given set of tasks. In other words this point shows that how can a user is capable of taking advantage of the system to fulfill their job needs.
Images compatibility -
The image compatibility shows that how much an organization can be able to sustain their profitability and can make an image with in their target audience. The success level of the ERP is measured at this parameter.   
Compatibility -
Still in many organizations, data is found in different distributed centralized ERP systems and other subsidiaries. So there is a big requirement in collaborating the ERP software with other subsidiary systems. This degree of compatibilities decides the success of organization.
   
Reliability of system -
System reliability of the ERP software is decided by this point that with how much assurity a ERP software can distribute the data to is authentified users. This matter of concern can decide the trustworthiness of the system.

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Friday 24 August 2018

What is the significance of the chhanapatna toy industry ?

Channapatna is a city located from 60 km far from Banglore, Karnataka. It is also known as the town of toys. Its native language is Kannada and it haskannada as its own native language. The wooden toys manufacturers here are related to the small and medium scale industries.
Each and every household here are associated to the toy making. Its products have also made a worldwide recognition under world trade centre. Here wooden material of ivory-wood, rubber, pine and teak are used to make toys. here toys are wood based but the polishing and vegetable dyes are also used to varnish these toys.
There is a huge change in the thinking attitude of craftsmen as per according to changing customer demands. These changes have been successful to bring changes to craftsmen with financial stability. It will bring sustainability, overall socio-economic development and profitability to the artisans.  
Today Indian Government has started the initiative to start giving the GI certificate (geographical identity certificates ) which is given on the basis of locality origin and member country specific people. Basically this comes under the intellectual property right (IPR).

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Thursday 23 August 2018

what is the transaction invoicing problem of ERP software ?

Today is the era of information technology. Without the IT support, no industry like - banking, public institutions, manufacturing, retailers can not survive in today’s competitive scenario. The today’s success secret is information in an organization.
Even today’s organizations can survive for the days only without using the proper information technology support because this is not easy to calculate the thousands of customer bills at a time. The information gathering is not only an issue but to retrieve it easily and storing it with the proper security parameters is a separate task as well.
There are different levels of ERP software working in an organization -
OTC ( order the cash ) - In it the erp system receives information about invoicing, customer bills, receiving payments details also.
PTP ( purchase to pay ) - The ERP system receives the information about purchasing invoices about vendors, paying details etc.
RTR ( record to report ) - In it the transactions are processed and later on they are reported in the ledgers.
COGS (cost of goods sold) - In it the overall cost of transaction and overall profitability is calculated.

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Wednesday 22 August 2018

What is the distribution problems of the Indian Handicrafts ?

Handicraft industry in India is very well renowned for their variety, elegance, beauty, designs, skill of their craftsmen and quality of long lasting functions. It is an ancient art which has been proven by the Mohenjo-daro and harappa civilization ruins and remains.
Indian handicraft sector is the gift of the people of rural and tribal people who make these marvelous handicrafts by using hand or simple tools. The employment rate has been grown over 3% in last five years.
The demand of Indian handicraft industry has been increasing in european countries like - Germany, Italy and switzerland and united states also where chinese machinemade products have always been in demand.
The handicraft industry in India is so decentralised because the product prices in the other industries are fixed but in handicraft products the prices of the products are so changing. The manufacturers of the products are so unlucky in gaining the complete profit so they are no longer able to make the high quality level of products.
In addition to this, there is no quality assurance and testing methods of the handicraft products available in Indian market. There is tough level of job to maintain the level of the supremacy of handicraft products in domestic and international level of market.  

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Monday 20 August 2018

What is the big opportunity for the organizations by using ERP ?

Today market forces are motivating the companies to move forward with fast speed, agility and flexibility. Only those companies are going to be successful in future who have established and maintained their foundation by using the intelligent artificial intelligence oriented cloud ERP systems.
Big opportunities for the multinational organizations -
Companies will be able to gain the 500% more customer gain and upto 300% more profit margin ability. so higher customer margin and huge revenue potential will be there.
Supply chain costs will be reduced upto 50% and procurement costs will be reduced upto 30%. Approximately 10% profit margin increment will be there.
ERP innovative brands will be 10 times more inclined towards branding management among their audiences.
satisfied customer experience will attract more 50% customers retention towards an organization.
The overall success of any organization, whether it will be small scale, medium scale, big scale enterprises, depends upon this fact that how much they respond to intelligent systems and market opportunities and threats. Intelligent AI based cloud ERP based systems can help in it.       

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Sunday 19 August 2018

What is e-tailing ? What is the need of etailing in Indian handicraft industry ?

E-tailing is also known as electronic retailing. In this process, retailers communicate with the customers online about their requirements and fulfill it through the electronic mediums. This is becoming a huge revenue providing platform in India and why should not it be.In India, about 40% of population is considered to be internet savvy (approximately 470 million people).
In e-tailing, it is considered that cash on delivery is the best method for paying price by customers because more than 70% of transactions happen like this. Customers has the biggest benefit that they can get the huge number of varieties online on the portals. At a worldwide level, the world e-tailing market has reached the cost of 2 trillion USD and till 2021, it is about to reach at the worth value of 4 trillion USD.
Necessity of e-tailing in handicraft industry -
In India, the indian handicraft market is all about the worth of more than 25000 crore INR and at the initial level, artisans purchase the raw material and sell to the retailers. By crossing the variegated layers of the distributors and retailers, this handicraft material is reached to the ultimate consumers.
Etailing platforms removes the need for the intermediators and distributors and they connect consumers directly to the dealer and merchants. So the direct revenue is reached to the direct wholesaler, not to the intermediators and distributors. The future of the Indian handicraft industry through e-tailing is bright.  

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Saturday 18 August 2018

What is the ERP need for a business ?

In 2017, Indian economics was recovering from the demonetisation and economic recession and to recover from losses in this volatile economics, Organizations have to seek ERP solutions to ensure their survival. This need is increasing from the last decade in the small and big organizations because of increasing amount of data.
ERP system makes help in determining the upstreaming and downstreaming the flow of data in an organization. Indian government is focusing on the digitization of more and more activities and much progress has been done on the automation of the electronic currency in both of the national and organization level.
It is necessary to understand the complexity of the total organization work culture and its work structure and also the effect of ERP implementation on the overall organization. There are the distinct variables which describe the successful implementation of the ERP software -
  • ERP system is more than a computer.
  • ERP software as a competitive advantage sector.
  • ERP is the future of the companies.   

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Thursday 16 August 2018

What is the status of handicraft in south africa ?

South Africa, with the population of more than 40 million people as per the first quarter census 2015, is passing through the fierce problem of the unemployment. Approximately more than 50% youth population of south africa is suffered with the unemployment or economically inactivity. Thus the unemployment increment rate is measured as 25% per annum.
So today there is a big need to invoke micro entrepreneurship in the youth generation and to encourage them for the self-employment. There is no lack of natural resources in South Africa and there is a huge possibility of employment opportunity for the youth generation.
Here south african government is paying attention towards the development of handicraft industry. There is a significant improvement in the handicraft industry in last two decades and still there are more than 2 lakh people are associated with this industry directly or indirectly.
The government has also introduced many handicraft programs and has also partnered with the south african fashion week to create and show a catalog by mixing the fusion of the fashion and crafts. Still this the youth unemployment problem is still persist. It is necessary to be removed by the south african government and Citizens collaboration.   

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