Showing posts with label Accounting. Show all posts
Showing posts with label Accounting. Show all posts

Monday, August 28, 2017

How To Create A Supply Chain Strategy ?


Sourcing Strategy
The strategy is a game plan, chosen to achieve the organizational objectives, gain customer’s trust, attain competitive advantage and to acquire a market position. It is a combination of well-thought intent and actions which lead to the organization towards its desired position or destination. It is a unified and integrated plan made to achieve the basic objectives of the enterprise like:
Effectiveness
Handling events and problems
Taking advantage of opportunities
Full resource utilization
Coping with threats


Features of Strategy


The strategy is a combination of flexibly designed corporate moves, through which an
organization can compete with its rivals successfully. The following are the features of
the Strategy:
It should be formulated from the top level management. However, sub-strategies can be made by middle-level management.
It should have a long range perspective.
It should be dynamic in nature.
The main purpose is to overcome from uncertain situations.
It should be made in such a way, to make the best possible use of scarce resources

Total cost of ownership

Construction Building   =10,000,0000.00
Furniture & Fixtures      =   1,000,0000.00
Electic Equipment         =      10,00000.00
Computer Equipment    =      10,00000.00
Books                              =       10,00000.00
Stationery Items             =          5,00000.00
Logistric support            =           5,00000.00
Cars                                 =       50,000000.00
Total Cost                                   109,000,000.00

Logistic Strategy

Logistic is that part of the supply chain process that plans , implements and controls  the efficent , effective flow and storage of goods , service and related information from the point- of-origin to the points –of-consumption in order to meet customer requirements.
Logistic Strategy
In-bound & Out-bound logistic
In- bound logistic includes-
Carrying  cost of purchasing goods & stationery
Car facilities of faculty & stuff
Cleaning material stock into inventory
Charring cost of books .
        In-bound & Out-bound logistic
Outbound Logistic Includes-
Car facilities of faculty and Stuff
Bus services for student
Inventory  items transfer  various outlet


Wednesday, September 11, 2013

Accounting profession

Now most of the people in the world take accounting as a profession. It is first choice for them. You also can take it. I also make my career as a accountant.

Wednesday, September 4, 2013

Accounting priciple

Accounting is the process of recording , analyzing and writing of a event.