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THE GREATEST QUOTES OF ALL TIME | Steve Jobs | Motivation
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THE GREATEST QUOTES OF ALL TIME | Steve Jobs | Motivation
Basics of Planning & Procurement in Material Management (Standardization & Codification) STANDARDIZATION & CODIFICATION Standardization Standardization in Materials Management is a process of producing maximum from minimum. Productivity is maximized from a minimum variety of materials, parts, tools and processes. Standardization begins with the creation of detailed and precise specifications for the materials and products used in the organization. These specifications outline the quality, dimensions, features and other relevant characteristics of the materials. By adhering to standardized specifications, organizations can ensure consistency and avoid problems related to incompatible or substandard materials. The primary goal of standardization is to streamline operations, improve quality, reduce costs and enhance overall productivity. Some of the international standards are the British Standard (BS), the American Standards Association (ASA) or the American Society for ...
HOW TO CHECK LETTER OF CREDIT? 1. Make sure that the date of issue indicated in the letter of credit. Some letters of credit states that documents must not be dated before the letter of credit issuance date. You must ensure that if such a clause has been inserted into the credit. If so, you should comply with this regulation 2. Make sure that you can make shipment before the latest date of shipment. 3. Make sure that you can present documents before the expiry date of the letter of credit. 4. Verify the expiry location of the letter of credit. 5. If the letter of credit expires at the counters of the issuing bank, but not in your own country, you may require extra time for forwarding the documents to the issuing bank. Check and Verify: 1. Make sure that the issuing bank is a valid and trustworthy bank w...
#Business Knowledge Hi Viewers, The Purpose of Making this Channel #BusinessKnowledge To share a experience & Knowledge Related Business, Organizational structure, Related Tech Info, Quotes, Ms. Office, Earning Way, Provide Lectures, Notes in Best Way Business Knowledge is an important strategic asset. It is a sum of skills, experiences, capabilities and expert insight. GO WATCH AND SUBSCRIBE MY CHANNEL https://www.youtube.com/channel/UCfZ4ksLkAtoKblU4RWb78jg
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