Chopra/Process Flows 1 How can operations help a company compete? The changing sources of competitive advantage • Low Cost & Scale Economies (< 1960s) – You can have any color you want as long as it is black Focused Factories (mid 1960s) Flexible Factories and Product variety (1970s) – A car for every taste and purse. Quality (1980s) – Quality is free. Time (late 1980s-1990s) – We love your product but where is it? – Don’t sell what you produce. Produce what sells. S. Chopra/Process Flows • •
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Cash flow management: The life force of your businesses By LaZandrea Porter Cash flow management is a vital force to the success of any business‚ large or small. Some have compared cash flow management to the life source of the human body‚ the blood. Much like blood‚ cash keeps a business going‚ and cash flow is the circulatory system of a business. With this in mind‚ it is important to understand that managing cash flow goes beyond the generating of sales revenue. This article will aid
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paradox of flow in the realm of education and schooling. Although there is much potential for flow experiences in schools‚ there tends to be a relatively small amount of flow experiences in educational settings‚ especially in academic classes. The author of this article attempts to find the reason for the lack of flow in the classroom‚ thereby enabling educators to address this problem and increase the number of flow experiences in their classes. Numerous conditions and precursors to flow are available
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Experiment 3 Method of Flow Measurement Objective To demonstrate typical flow measurement devices for incompressible fluids: (1) venturi meter‚ (2) orifice plate and (3) rotameter. To compare the difference in flow rate incurred by each of these device. Overview In engineering and industrial practice‚ fluid measurement of many of the variables and properties‚ such as density‚ viscosity‚ pressure‚ velocity‚ flow rate and etc is one of the problems most frequently encountered by engineers
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Fund Flow Statements Meaning of Fund Fund Flow Statement is widely used tool in the hands of financial executives for analyzing the financial performance of a concern. Funds keep on moving in a business which itself is based on a going concern concept. In broader sense‚ the term “fund” refers to money values in whatever form it may exits. Meaning of Flow of Fund The term ‘Flow’ means change. Thus flow of fund means change in fund or change in working capital. Flow of fund is said to have taken
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Flow of the project • Title Page • Declaration • Certificate • Acknowledgement • Executive Summary • Index with Page numbers o Introduction ▪ Objective of the study ▪ Sources of data and methodology o Primary data collected (Body-main text) o Summary of findings and conclusion o Appendix (Pie diagram‚ tables…) o Bibliography o Annexure
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CASH FLOW CYCLE Cash flow is referred to be the single most serious concern of the SME (small and medium-sized enterprise). It is simply the inflow and outflow movement of money in the business. The effect of cash flow is real and needs to be protected. There are four principles in cash management: - The first is cash needs to be tracked and captured. It needs to be in a controlled process. - Second‚ cash management is an important part of the business cycle. - Third‚ you need information on
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Free Flow Layout Free flow layout is an irregular arrangement of retail setting that encourages a formless traffic flow. It is mainly used in stores which have wide range of products. Easy to navigate and display to another were one of the major characteristics of free flow layout. Compare to the other retail layout‚ free flow layout had no particular display pattern. All the fixtures and products were grouped and located in flowing patterns on the sales floor. This layout usually used in stores
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FUND FLOW ANALYSIS Every business concern‚ at the end of its financial period‚ prepares Income Statements and Balance Sheet. Income Statements show the net result‚ Net Profit‚ of the business operations and contains various expenses incurred and losses and revenue earned during that period. Balance Sheet gives a summary of assets and liabilities as on a particular date and shows the financial position of the business. The liabilities side of a balance sheet shows the sources from where funds
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discounted cash flow (DCF In finance‚ discounted cash flow (DCF) analysis is a method of valuing a project‚ company‚ or asset using the concepts of the time value of money. All future cash flows are estimated and discounted to give their present values (PVs) — the sum of all future cash flows‚ both incoming and outgoing‚ is the net present value (NPV)‚ which is taken as the value or price of the cash flows in question. Using DCF analysis to compute the NPV takes as input cash flows and a discount
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