AC 1.1 Explain the importance of agreeing to a budget and operating within it: Budgets within a business are used to control expenditure‚ and maximise profit. Managing budgets is a vital skill within my role‚ and how I am able to stay on target plays a huge part in my performance reviews. We communicate our trading results on a weekly and monthly basis with our Head of Operations and our Business Director. We need to have an explanation for any variances and have an action ready to remedy the solution
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rows required to store the same volume of inventory. As technology has changed over the years so has their ordering system. They now use Choice System to bid on food donations and for orders from their organizations. Care and Share suffered from a wastage problem. They had three large dumpsters that were emptied daily. They have reduced their waste significantly only requiring 1 dumpster that is emptied twice a week. Their waste is 0.26% which
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Here’s how the use of water in everyday life takes place in different industries. Also mentioned are the ways in which the different industries can reduce their consumption of water in different processes: 1Food Processors- The main use of water in the food processing industries include washing and sanitation‚ cooling and heating and a lot of other tertiary functions. In order to conserve water in this industry‚ the water must be reused in other processes‚ like rinsing water can
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lesser for ‘special’ make to order cookies. • Customer Satisfaction: Customers will be happy to get there orders quickly. • Number of cookies: More number of popular & make to order cookies can be served. • Work pressure: Make-to-stock system will reduce the work pressure due to less of a time concern. • Make-to-stock system: Since process is independent of client orders‚ more cookies can be made in less time by utilizing resources to its best.(for eg: Using electric mixer to its maximum limit‚i
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Canteen Management System Many organizations provide Canteen as an additional subsidized facility to their employees as a welfare measure. The usage of the canteen by the employees depends on many factors like centralized food distribution center with swift and simplicity in operations. Exultsoft CMS design provides a user friendly system that facilitates quick and efficient operations to cover larger section of employees within a specified time. CMS is paperless and has almost cashless transactions
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control point on reducing paper wastage and increasing machine utilization. On the other hand‚ it is a measurement of information integration and quality of information. An effective computer-aided scheduling system would provide the planners with a so-called Dynamic Planning Board - an environment for planner to create and edit schedule dynamically and intuitively. The impact of every change will be automatically calculated. A good schedule will help reduce work-in-process‚ shorten lead
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techniques first. Jack Welch incorporated in GE business process thereby popularizing it. Now Six Sigma tools and techniques are so popular in Middle East industry hub Dubai. Six Sigma enabled organizations to wake up from living with defects‚ gaps and wastages. Moreover‚ this helped companies to understand client needs better. Companies insist their middle level employees to understand Six Sigma Tools and Techniques so that they can apply those tools and techniques their jobs. UAE cities like Dubai‚
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The importance of water Water is one of the weirdest compounds known to humans. The difference between the boiling point and freezing point of water is one of the largest ranges of any compound. It is this span of temperature that mirrors the range of where life can exist‚ from bacteria to humans. Water also has a very high specific heat‚ which means that it can absorb or lose much heat before its temperature changes. This is important in maintaining body heat in mammals. It also takes a lot of
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Impact of FDI In The Indian Retail Sector By: Aditi Mehta 12/PPRA/504 Foreign Direct Investment (FDI) FDI is a mode of entry to international business. It refers to the investment made in a foreign country where the investor retains control over the investments. This can be made by an individual‚ as well as by business entities. FDI is a venture with long term considerations‚ as it cannot be easily liquidated. FDI as defined in Dictionary of Economics ( by Graham Bannock) as investment
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leaders who are either full time college or high school students who only service customers. Over the past eighteen months‚ Barrie Super Subs has been experiencing a series of problems which include staff breaching in store policies such as deliberate wastage‚ low employee morale within the organization and high turnover rates in a market with relatively low unemployment. These problems have not only contributed to below average profitability within the organization but have resulted in direct bonus cuts
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