How Blockchain is Changing Supply Chain Management

How Blockchain is Changing Supply Chain Management “Blockchain technology is the core concept behind cryptocurrencies like Bitcoin, Litecoin, Ethereum, and others”. For at least a decade, the highly complex cryptography that is the basis of secure financial transactions has been used primarily for making alternative forms of money, coins, a negotiable, widespread form of doing … Read more

Total Quality Management – Meaning and Important Concepts

What is Total Quality Management? Total quality management entails all managerial processes that are designed for a customer-focused organization that captures all staff in consistent improvement. It takes the use of processes, data, and productive communications to incorporate the quality discipline into the culture and activities of the organization. We can divide Total Quality management … Read more

Total Quality Management

What is Human Resource Management (HRM)?

What is Human Resource Management (HRM)? The people that work for an organization are its human resources. For your organization to achieve its goals and objectives and for the human resource to fully benefit from working at the organization they have to be well managed. That’s why human resource management is a must for any … Read more

Types and Benefits of Customer Relationship Management

Customer Relationship Management Customers have always been valuable for businesses, but today their importance is very much appreciated for the profitability of the enterprise. This is large because of rapid globalization and growing competition. Customers now have a variety of options available to them for purchasing a particular product. They can easily make comparisons, shop, … Read more

Customer Relationship Management

Customer Relationship Management Customer Relationship Management (CRM) is defined as a business and technology discipline that manages the way an organization deals with its customers, in order to enhance revenue, profitability, customer satisfaction, and retention. In short, CRM is about introducing the right product to the right customer at the right time through the right … Read more