Production Management

Production management also deals with decision-making regarding the quality, quantity, cost, etc., of production. It applies management principles to production. Production management is a part of business management. It is also called "Production Function." Production management is slowly being replaced by operations management. The main objective of production management is to produce goods and services of the right quality, right quantity, at the right time and at minimum cost. It also tries to improve the efficiency. An efficient organization can face competition effectively. Production management ensures full or optimum utilization of available production capacity.
    Some Important Features
  • Accomplishment of firm's objectives
  • Helps to introduce new products
  • Helps to face competition
  • Minimises cost of production
  • Expansion of the firm
  • Improves quality and reduces cost

Multithread Trading System

A multithread trading facility is a regulatory term for a self-regulated financial trading venue. These are alternatives to the traditional stock exchanges where a market is made in securities, typically using electronic systems. The concept was introduced within the Markets in Financial Instruments Directive. We Directive designed to harmonise retail investors protection and allow investment firms to provide services throughout the world.
Service describes multithread system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments – in the system and in accordance with non-discretionary rules – in a way that results in a contract. The term 'non-discretionary rules' means that the investment firm operating a multithread trading system has no discretion as to how interests may interact. Interests are brought together by forming a contract and the execution takes place under the system's rules or by means of the system's protocols or internal operating procedures.
This system can be operated by a market operator or an investment firm through the technology whereas the operation of a regulated market is not considered an investment service and is carried out exclusively by market operators that are authorized to do so.

Canteen Supervission and Management

The canteen is the place with high density of people, which is also the important object of the supervision in food safety. The previous regulatory approaches based on manual work are unable to meet the needs of safety supervision in the canteen in many organization like (college/school). It is very urgent to improve the level of food safety supervision by modernized technological method.In this technology, the canteen was taken as a case, the factors of whole procedure quality control in college canteen were analyzed based on the establishment principle of analysis Critical Control Point management system, and the various rolls were identified. Based on that, a food safety supervision system in the college canteen was designed by using the many concepts and by means of advanced detection technology.
    The standardization of Canteen management had been strengthened through the supervision on the entire food production line and the monitoring on critical control points. In addition, some functions such as the traceability of food servicing and the pre-judgment and pre-process of canteen management incidents were come true in a greatest extent.The maneuverability of the system is strong. Therefore, it can be generalized in some colleges and organizations and has some generalized value and demonstration role.Through the technology it can also keep track on the accounts of the canteen.

Sales Tracking System

Sales tracking keeping records and detailing all aspects of your sales process. And here’s the beauty of it; analyzing these records helps sales managers develop a sustainable strategy that keeps critical Sales KPIs performing. When done right, sales tracking provides crystal clear visibility into your sales process and the insights necessary to convert more prospects into customers – especially when you use a CRM with a visual sales pipeline. It is a better technology for the growth of your Business.

    The sales process is exactly that, a process. It is not a guessing game or an improvisational exercise. We realize this, which is why our software is based on an activity-based selling methodology that helps you:
  • Identify actions that drive your deals to close
  • Make them repeatable, and scalable
  • Optimize your approach to selling

Procurement Management System

A professional procurement Management process can be incredibly beneficial if you’re looking to streamline purchasing. It can ensure that you pay the best price for goods or services, save time by choosing the most reputable vendors, and minimize order delays and mistakes. Let it be known that there is no one-size-fits-all procurement process. Some organizations require a formal technical process to suit their complex environment, which is often the case in government or education. In those industries, vendors must comply with strict guidelines. Others, like enterprise businesses, require a few key steps in an effort to manage budgets more effectively.

    In any case, the following is representative of a typical procurement cycle from the perspective of the purchaser:
  • Identify Goods or Services Needed
  • Explore and Select Vendor(s)
  • Submit Purchase Requisition
  • Create Purchase Order
  • Receive Invoice and Order
  • Pay for Goods or Services
  • Record for Audit

Payroll System

Processing payroll is a very important function of any business and necessitates an understanding of current regulations, detailed tax knowledge to ensure proper withholding and filing, and a highly organized system that can be relied upon to pay each employee the right amount of money. For many organizations, using payroll software or outsourcing payroll can help to mitigate stress and minimize errors.
However, most companies generally use the term to refer to the money that is paid to the employees or the records that detail how much each employee has made. Payroll may also refer to the company, department, or software that is used to process paychecks and taxes or to the process of calculating and distributing employee paychecks.

OutSourcing Track MIS System

Outsourcing is contracting of a third party to manage a business process more effectively and efficiently than can be done in-house. This can be applied for any goods or services. Griffiths defined outsourcing as the strategic use of outside resources to perform activities traditionally handled by internal staff and resources. i.e obtaining a contract from an outside supplier. The reason organization outsource is because they might not have the resources or avoid the cost that come with building an Information System . Some people highlight the reasons that organization outsource as cost reduction, access to specialist resources, improved focus, subcontracting of workload and better risk management. However, with all these reasons why does the company still emphasis on outsourcing and not in-built in this increasing global technological world. During the growth of a competitive global environment, there is considerable pressure on most organizations to make their operational, tactical, and strategic process more efficient and effective.
    Why OutSourcing Track MIS System...
  • Cost reduction
  • Access to specialist resources
  • Sub-contracting of workload
  • Better risk management

Employee Apprisal Preparation System

Preparation for employees’ annual performance appraisal begins long before the actual appraisal meeting. Supervisors and managers should, therefore, engage in performance appraisal planning from the first day of the evaluation period until the appraisal meeting by becoming familiar with their employer’s performance management system and employee evaluation methods. In addition to learning the fundamentals about performance management, supervisors must provide continuous and ongoing feedback to employees throughout the evaluation period. The final steps include preparing the actual appraisal form and conducting the appraisal meeting are:
  • Attend leadership training to become familiar with your
  • Provide ongoing and informal feedback to employees whenever appropriate. Your observations
  • Obtain employee personnel files and review them at least one month before the scheduled
  • Draft comments about past performance and summarize disciplinary action, commendations and attendance
  • Assemble your draft and supporting documentation before finalizing the performance appraisal
  • Contact the employee at least two weeks before his scheduled performance appraisal meeting

Business Consultancy

Coordinate between customers and technical teams to understand customer needs, plan and lead the analysis of complex problems and data. Analyze business requirements and develop cost effective systems and solutions. Resolve any conflicts and manage infrastructure and implementation of new business systems. Collaborate with users to resolve queries, provide training requirements and recommend changes and enhancements to system. Coordinate with Product Development team to determine business requirements and translate them to technical specifications. Develop and supervise system documents related to the changes and enhancements done to the process and system. Analyze and determine process problems, resolve them and prepare technical specifications. Respond to customer requests regarding issues in system and enhancements and escalate issues if required for faster resolution.
    Some Steps :
  • Prepare test plan, test scripts for system testing, functional testing and implement the plan
  • Consult team and provide support in achieving tasks
  • Provide support for activities related to data conversion and resolve any issues occurring
  • Provide guidance to business and technology teams and suggest process changes to improve efficiency

CRM System (Customer Relationship Management)

Customer relationship management (CRM) is a term that refers to practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle, with the goal of improving business relationships with customers, assisting in customer retention and driving sales growth. CRM systems are designed to compile information on customers across different channels or points of contact between the customer and the company, which could include the company's website, telephone, live chat, direct mail, marketing materials and social media. CRM systems can also give customer-facing staff detailed information on customers' personal information, purchase history, buying preferences and concerns.

    Common features of CRM software include:
  • Marketing automation
  • Sales force automation
  • Contact center automation
  • location-based services

EPF (Employees' Provident Fund)

The Employees' Provident Fund (EPF) - is one of the most beneficial and popular investment scheme for the salaried persons in India and administers social security schemes framed under the Employees' Provident Funds. Provident Fund ensures, Pension and Insurance to industrial employees. The PF account benefits are extended to all the establishments which employ more than one persons. Many organization maintains their EPF accounts by the software to access the gov. organization software through online This way the services are delivered transparently, efficiently and comfortably to everyone. By online service they facilitate members transfer their PF account online from one organization to the other. software is required to maints this information. Now if an employee changes his job he can easily apply to transfer his PF account through an easy online process. Many organization wants a better software to maintain their employees' EPF accounts and calculate their fund correctly.

ESI (Employee State Insurance)

ESI Management Software is very useful the organizations / companies which are covered under EIS Corporation for compliance and remittance of statutory forms towards ESIC. The minimum data entry and reporting is the main feature of this software. Through this software after feeding wages for ESIC deduction and no. of days present of employee you can get following reports and forms.
  • Monthly Challan (In Quadruplicate)
  • Contribution Register
  • Form 5
  • EC (Employees Contribution) Statement
  • Form No. 7
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