Times have been tough for the auto industry in India. Original equipment manufacturers (OEMs) have been forced to declare block closure of plants intermittently to correct for excess components inventory in the supply chain.
The last week of the month is the most stressful for sales managers of consumer goods companies as they fight to conquer sales targets (not to mention the stress on the despatch people and the channel partners). How do they meet their numbers, especially when time’s running out? They heap the stocks on the distributors […]
That Pandit Jawahar Lal Nehru was a champion of the co-operative movement is well-known. But a little-known fact is that he extended the concept of co-operatives to not only banking, farming and sugar, but shoes as well. When one such shoe co-operative pioneered by him in Karnal (Haryana) fell on bad times in 1954, two […]