Industry Focus

Insurance

Insurance enables those who suffer a loss or accident to be compensated for the effects of their misfortune. The payments come from a fund of money contributed by all the holders of individual insurance policies. In other words, individual risks are pooled and shared, with each policyholder making a contribution to the common fund.

These are institutions which accumulate the money into the fund from which claims are paid. The loss is in fact paid for by the policyholder making the claim and by all the other policyholders who have not suffered in the someway.

Logistics Management

Logistics management is the part of the supply chain which plans, implements and controls the efficient, effective, forward and backward (reverse) flow and storage of goods, services and information between the point of origin and the point of consumption in order to meet customers’ requirements rather to the customers’ delight.

It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging. The operating responsibility of logistics is the geographical repositioning of raw materials, work in process, and finished inventories where required at the lowest cost possible.

Logistics management is the part of the supply chain which plans, implements and controls the efficient, effective, forward and backward (reverse) flow and storage of goods, services and information between the point of origin and the point of consumption in order to meet customers’ requirements rather to the customers’ delight.

It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging. The operating responsibility of logistics is the geographical repositioning of raw materials, work in process, and finished inventories where required at the lowest cost possible.

Life sciences and Health care

The word LIFE SCIENCES comprises Pharmaceuticals, disease control, environment protection, agriculture, animal care, Bio Technology, Biology, Biochemistry, Plant & Animal Physiology, Microbiology, and Genetic Engineering etc.

The life sciences comprise all fields of science that involve the scientific study of living organisms, like plants, animals, and human beings. However, the study of behavior of organisms, such as practiced in ethnology and psychology, is only included inasmuch as it involves a clearly biological aspect.

Retail and consumer products

Retailing has seen such a transformation over the past decade that its very definition has undergone a sea change. No longer can a manufacturer rely on sales to take place by ensuring mere availability of his product.

The retail sector has played a phenomenal role throughout the world in increasing productivity of consumer goods and services. It is also the second largest industry in the US in terms of numbers of employees and establishments. There is no denying the fact that most of the developed economies are very much relying on their retail sector as a locomotive of growth.

Retailing has seen such a transformation over the past decade that its very definition has undergone a sea change. No longer can a manufacturer rely on sales to take place by ensuring mere availability of his product.

The retail sector has played a phenomenal role throughout the world in increasing productivity of consumer goods and services. It is also the second largest industry in the US in terms of numbers of employees and establishments. There is no denying the fact that most of the developed economies are very much relying on their retail sector as a locomotive of growth.

Banking

Banks are large and complex organizations. Their clients range from individuals and institutions, all the way up to the governments and central banks of entire countries.

The banks also offer investment and insurance products. As a variety of models for cooperation and integration among finance industries have emerged, some of the traditional distinctions between banks, insurance companies, and securities firms are fast diminishing. In spite of all these developments, banks continue to maintain and perform their primary role—accepting deposits and lending funds from these deposits.

Manufacturing

The manufacturing sector consists of food manufacturing, Textile & Textile product mills, Apparel manufacturing, Leather & allied products manufacturing, Petroleum and coal products manufacturing, Chemical manufacturing, sugar production plants, automotives, Computer and electronic product manufacturing, Electrical equipment manufacturing.

Manufacturing involves transforming raw materials like iron into new products such as cars.Global competition and the need to protect profits is forcing manufacturers in this sector to adopt best practices along with other measures to increase quality of products and services.

The manufacturing sector consists of food manufacturing, Textile & Textile product mills, Apparel manufacturing, Leather & allied products manufacturing, Petroleum and coal products manufacturing, Chemical manufacturing, sugar production plants, automotives, Computer and electronic product manufacturing, Electrical equipment manufacturing.

Manufacturing involves transforming raw materials like iron into new products such as cars.Global competition and the need to protect profits is forcing manufacturers in this sector to adopt best practices along with other measures to increase quality of products and services.

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