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Textile Management

Operation Management | Supply Chain Management

Operation Management What is ‘Operations Management?’ Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. Operations management teams attempt to balance […]

All Textile Abbreviations | Abbreviation Related to Textiles

All Textile Abbreviations | Abbreviation Related to Textiles

Abbreviation Related to Textiles | All Textile Abbreviations ASTM – American Society for Testing Materials AAMA– American Apparels Manufacturing Association AAQC-American Apparels Quality control AAQC– American Association of Quality Control AAMC-American Apparel Manufacturing Corporation ASQC– American Society for Quality Control BGMEA– Bangladesh Garments Manufacturers & Exporters Association BCCFA– Bangladesh Custom Clearing & Forwarding Agent BCI -Bangladesh Commerce & […]

Cost Saving in Cotton Spinning: Energy Efficiency and Innovative Solutions

Nature & Scope of Business | Part 03

Nature & Scope of Business | | Part 01 | | Part 02 | | Part 03 Nature & Scope of Business | Classification of Business Activities | Classification of Manufacturing industries Classification of Business Activities:  Business activities are undertaken to satisfy human wants by producing goods or rendering services. We may classify business activities on the basis of […]

Operation Management | Supply Chain Management

Introduction to Marketing

Broadly defined, marketing is a social and managerial process by which individuals and organizations obtain what they need and want through creating and exchanging value with others. In a narrower business context, marketing involves building profitable, value laden exchange relationships with customers. Hence, we define marketing as the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return.

Operation Management | Supply Chain Management