Tag Archive: industry

How to Remain Competitive in a Modern Healthcare Industry

Clinical decision support system, as the name suggests, assist in making important daily decisions within a healthcare organization. The electronic system is an incredible help in making safe, sound and correct decisions that help in reducing medical errors, serving patient in a better way and saving precious time. They provide guidelines for medical practitioners to make crucial decisions and ensure that the orders are understood correctly. By correctly, we mean the improved legibility of written material and the resultant improvement in their better implementation.

Medical practice management software falls in the same category as a CDSS and helps a medical facility in maintaining the daily records and their easy retrieval at any point of time. This eases the additional burden on the shoulders of officials and staff in a hospital to ensure that records related to different patients are maintained carefully in an organized manner such that when they are needed, say five or ten years later, one can access them without any hassle. One of the impacts of such systems is the alert or warning system that ensures in correct prescriptions or medication, avoiding duplication of tests already conducted and more.

The result is improved and seamless flow of communication among different departments of a hospital and the time saved can be utilized in better patient care and hospital management. In short, the system makes the overall functioning efficient and keeps a check on the wastage of time and resources. In other words, the discharging of daily duties become akin to a business organization.

The constant innovation and increased competitiveness has thrown up challenges before a healthcare facility to provide premium quality of patient care services in a friendly environment. At the same time, one has to keep a tab on input costs while ensuring better results i.e. revenue. Clinical Decision support system and medical practice management software are a result of these needs of the modern healthcare industry driven by quality, efficiency and optimum utilization of resources.

Yasasii is comprehensive clinical decision support system software designed for all types of healthcare facilities in different settings providing user-friendly interface designed by highly experienced and leading software architects. The simplicity of usage in turn helps in unraveling the complexities of daily operations and eliminating the usage of paper using advance healthcare information management systems The ease of usage of a medical practice management software coupled with Decision Support System and Knowledge Management System simplify and reduce the work of healthcare providers, improve work flow, minimizing clinical errors, plugging leakages and increasing overall staff productivity.

Opportunities of China’s Papermaking and Paper Product Industry 2012

(CRI-report) – During January and May in 2012, the fixed asset investment of papermaking and paper product industry, all slightly increased, with an increase of CNY 37.358 million compared with that in the corresponding period in 2011.

According to the statistics, during January and May in 2012, the finished investment in papermaking and paper product industry nationally was CNY 73.377 billion, increasing by CNY 12.084 billion compared with that in the corresponding period in 2011, with a rise of 19.71% YOY. The finished investment amount accounted for 1.86% of total finished fixed asset investment amount of manufacturing. The total fixed asset investment of papermaking industry exceeds the sum of total fixed asset investment of publishing, culture & education, sporting goods manufacture . As a consequence, the papermaking industry is the key investment direction among related industries.

Papermaking industry has a bright investment prospect, which has the following two investment directions. First and foremost, the demand of traditional papermaking industry is sluggish, while the life paper steadily expands owing to consumption upgrading. On a specific level, the sluggish demand for traditional papermaking and the over capacity cannot be improved in a short period. However, as the rigid consumer goods, the demand for high-end wood pulp life paper continues expanding and the supply and demand is sound. The expansion speed of leading enterprises is quicker than the average growth speed of the industry. Currently, the price of wood pulp still wavers in the freezing point. Leading enterprises of life paper have the inventory of raw materials for over 6 months, they will therefore enjoy the recovery of both net profits and performance.

Moreover, the specialty paper is also the investment point. In 2011, the output of specialty paper and paper boards was 2,100 thousand tons, with an increase of 16.67% compared to that in 2010; the consumption was 1,790 thousand tons, rising by 9.15% compared to that in 2010. In China, the market potentials of the specialty functional paper and paper boards are large and the profit of paper products is high. The shift of world’s papermaking industry brings the market to China. However, the investment strength and product versatility of the industry is bad, which requires to strengthen research development and intellectual property protection.

With the development and efforts, China’s papermaking industry bears some fruits. In the period of “12th five-year-plan”, China’s papermaking industry eliminates the lagged production capacity of paper and paper products for over 10,000 tons and the new sewage disposal ability is 3,000 thousand tons, which benefits the international competition of papermaking industry. It can be seen that the government make policies to promote the development of papermaking and paper product industry, such as the introduction of a series of favorable policies to encourage enterprises expanding to foreign countries and other methods.

Full research report:

History of Indian Mutual Fund Industry

With the emergence of diverse productive avenues for investing, mutual funds have become one of the most popular investment options. This is a simple investment product structured around the concept of risk mitigation by spreading investments in multiple channels. According to Nielsen global survey of investment attitudes,it is one of the favourite investment options that ranked atop among the other assets like precious metals, stocks and bonds.

In this article, we will look at the history of the mutual fund industry which grew fairly successfully and helped large number of investors generate wealth over the years.

Entry of mutual funds in India (1963)

This concept emerged in India in 1963 by the formation of Unit Trust of India (UTI) which is a watermark in annals of this industry in India. These are initiated by government and the Reserve Bank of India (RBI), with an aim to attract small investors and were focused mainly on investing for creating wealth in the long run.

Monopoly era by UTI (1964-1987)

Established through an Act of parliament in 1963, the Unit Trust of India (UTI) enjoyed monopoly status for 23 years and functioned under the regulation of RBI for a period of 15 years. Later, it was de-linked from RBI in 1978 and functioned under the regulation of Industrial Development Bank of India (IDBI) which took over the administrative control in place of RBI. The first unit scheme of UTI was launched in 1964 and later more innovative schemes were launched in 1970’s and 1980’s to attract and suit the needs of Indian retail investors. By the end of 1987, the Assets Under Management (AUM) of UTI increased by ten times to Rs 6700 crore.

Entry of Public Sector Players (1987)

Public sector mutual fund players entered in the market in 1987. SBI mutual fund was the first non-UTI mutual fund in India. It has been successfully managing large investor’s funds since 1988. It launched many schemes to provide investors with opportunities for making profits in a diversified basket of stocks of Indian companies.

Later, such schemes were launched by Canbank mutual fund in (1987), Life Insurance Corporation (LIC) in (1989), Punjab Mutual Fund (Punjab National Bank) in (1989), Bank of India in (1990), General Insurance Corporation (GIC) in (1990). By the close of 1993, the AUM of this industry had increased seven times and had Rs 47,004 crore of assets under management. However, the UTI retained its position as the dominant player with 80% market share.

Entry of Private Sector Players (1993)

To provide a wider choice of funds to Indian investors, private sector players along with foreign companies were permitted to enter into the industry in 1993. In the same year, the first mutual fund regulation was passed, saying all mutual fund companies except UTI need to be registered and governed. In 1993, the erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund company in India. During 1994-95, 11 private sector funds have launched their schemes introducing innovative investment strategies.

SEBI – Mutual Funds Regulation (1996)

This industry witnessed a sea change in the 1990s. In 1993, the industry started functioning under the regulation of Securities and Exchange Board of India (SEBI). This is, probably, the most elaborate regulatory effort in the history of mutual fund industry of India. Consequently, there was a spurt in the number of mutual fund houses with many foreign players setting up funds in India. By the end of 2003, there were 33 mutual fund companies with total AUM of Rs 1,21,805 crore. The largest UTI had Rs 44,541 crore of AUM in the same year.

In 2003, UTI was disaggregated into two entities. One is the Unit Trust of India with AUM of Rs 29,835 crore (as on Jan 2003). This has been functioning under an administrator and under the rules framed by Government of India. This does not come under the purview of the Mutual Fund Regulations.

And the second one is UTI Mutual Fund Ltd, sponsored by State Bank of India, Punjab National Bank, Bank of Baroda and LIC of India. This is registered with SEBI and functions as per mutual fund regulations. Currently Unit Trust of India works under the name UTI mutual fund and some of its earlier schemes were gradually wound up. However, UTI mutual fund is the largest player in the mutual fund industry.

As Indian this industry experienced major growth, simultaneously international mutual funds like Fidelity, Franklin Templeton Mutual Fund, etc. entered Indian market. There are 44 mutual fund players in the market until March 2012. This industry has AUM of Rs 6.92 lakh crore as on June 2012.

The Indian Handicraft Industry

India is a land where exporting is much a necessity than a preferred choice. It is a highly populated land where commerce and business are the need of the hour. And then, India is also a leader in various fields, and the abundance of few specialized items can afford it to export such items. However, when we talk about the Indian Export Business, do we easily think of Handicraft industry? Not really, because Agriculture as a major export area is a famous and popular concept, overshadowing many other fields.

India is indeed one of the major exporters of handicrafts and gift items. Owing to a heritage of rich art and craft culture in ancient times, Indian Handicraft sector is recognizable for their most popular craft items like earthenware, pottery, woodwork, sculpting, scarves, shawls, textiles, embroidered and knitted goods, zari items, jewelry, etc. Indian Handicraft goods have a great demand overseas, as they are a perfect mix of traditional designs with modern techniques. The export of Handicraft items in India is growing exponentially, and so-much-so that it is emerging as the second largest employment generating sector after Agriculture. Hence, a large number of artisans are engaged in designing pottery and other craft work.

The Agriculture Export Business is increasing at a consistent growth rate and is spreading its wings to various nations. India has been exporting its products to USA, UK, Germany, France, Netherlands, Spain, Italy, UAE, Canada, Belgium and others countries. From various exported handcraft items, few that are high on the demand list are Wood wares, Hand printed textiles, Shawls, Zari Goods, Imitation Jewelry, Crocheted Goods and more.

Another reason for the popularity of Indian Handicraft goods is the exceptional and varied design items. Consisting of 28 states, India offers an enormous range of handicraft products, where many states have their own handicraft USP. Following is listed the various Handicraft items and the Indian states they are associated with it.

? Wooden ware- Saharanpur, Hoshiarpur, Srinagar, Amritsar, Jaipur, Jodhpur, Mysore, Madras, Kerala, Behrampur

? Marble and Stone Craft- Jodhpur, madras, Agra

? Zari Goods- Madras and Rajasthan

? Art Metal- Moradabad, Aligarh, Rewari, Jodhpur, Jaipur, Delhi, Madras, Beedar, Kerala, Jaisalmer

? Jewelry- Delhi, Moradabad, Kohima

? Papier Mache items- Kashmir, Rajasthan and Bihar

The Indian Handicraft goods are used for leisure pursuits and as a style statement. The manufacture of Handicraft goods is giving employment to many people in India, and has forged an unsurpassed reputation in the international market.

Dell’s Unique Strategy in the PC Industry

The key COMPUTER created by Dell was offered in the United States shops under the tag of Turbo COMPUTER as well as encouraged individuals to get a personalized COMPUTER right from COMPUTER’s Limited by picking components as well as requirements from an established checklist of choices. To service a blossoming demand, Dell tried to alter business designs by trying out with dealers as well as large customer electronic devices electrical outlets to sell its PCs, yet quickly returned to its first version due to the common action. With an excellent lots of recognized as well as cheap brand names like the Dell Inspiron, and also boosting customer service, Dell is most likely to protect its place for a significantly extensive duration.

The key COMPUTER made by Dell was offered in the United States shops under the tag of Turbo COMPUTER and also encouraged individuals to get a tailored COMPUTER right from COMPUTER’s Limited by picking components and also specs from a fixed checklist of choices. To service a blossoming demand, Dell tried to transform business versions by trying out with dealers and also large customer electronic devices electrical outlets to sell its PCs, however quickly returned to its preliminary design due to the average feedback. In spite of lots of miseries not unusual to a big business like Dell, it has actually been able to keep its ranking as on of the globe’s most prominent appreciated PCs. With a great numerous recognized and also cheap brand names like the Dell Inspiron, as well as boosting customer service, Dell is most likely to protect its place for a significantly prolonged duration.