Saturday, September 30, 2017

Crowdfunding What It Is?

As you rightly guessed it is funding from individual for a cause or for something in return. This method is usually adopted by people seeking funds for a venture or donations for a cause.  The usual method of accessing the target audience is social media marketing. 

The first step to start a fundraiser is to make a page in sites like crowdfunding.org or kitto.org and start promoting it. This method is also adopted by budding artists, small time filmmakers, designers and so on. The projects have been used to gather funds for expeditions, medical reliefs and social benefit projects. The scope of accumulating large number of funds from public is vast and many mediums have yet to be explored. The funds accumulated are from a large number of people hence the name.      

The concept can be promoted through fundraiser events and mail order subscriptions. But this alternative financing activity is a purely Internet based and depends largely on the social media for attention in order to achieve high gains. 

There are many types of crowdfunding:

Donation based funding are basically for charities.

Equity based funding pertains to alloting of equity for unsecured loans so obtain. The investors benefit whence the project is successful and equity values rises. 

Debt based or P2P (peer to peer) funding. In this case investor gain from interest accrued.  Here borrower application is reviewed by an automated system and the credit worthiness is gauged. The interest rate applicable is also ascertained by the system.   

Several platforms are in picture now. Some are global while few are limited niche segment. 

To learn in greater details click on the crowdfunding link.   

Examples

Digital Donations 

Digital Donations Video

The marketing and propaganda is mostly done using email and, sms marketing and various content and video platforms that social media offers. The target audience should be accurately targeted for success in the campaign.  

Wednesday, September 13, 2017

Technology & Business : Online

No matter which industry it is new technology is creating new openings and opportunities. Internet especially social media has brought about a paradigm change as to how we search for information and hence how we do business.

Those who fail to catch up are sure to fail or will left far behind with stagnancy in business. Not only communication methodology is changing fast, image recognition techniques are making estimates more accurate.  For example in moving industry image recognition technology is assist in measuring the items client needs to move ...and accurately.  Scheduling video surveys can be arranged using the button on movers website.   This is followed by sending a quote and the move is finalised. 

Yes it is that easy whether you use a smart phone lap top or desk top with broadband Internet. 

Promoting business online is now a necessity the old brick and mortar is still there but this addition has become imperative for good. Promoting your business on social media is trending but it is effective as well and aids in cost cutting.   

Graphics, three dimension options and text pages that are not verbose are breaking ground of success online. Though your business may be localised you still need online visibility since people prefer searching and evaluating  online then wade through a sea of impenetrable traffic.      

Tons of information at finger tip and loads of comparison opportunities is definitely making business more competitive but then you cannot wish new technology away. Can you?  

Moving Business: Correlations

Industries and businesses depend upon correlated factors. These are closely tied to the economic upheavals and trends that govern our industry these days. It is no more a simple game of supply and demand. Trends can uplift a segment even if economy is failing.     

For a business analyst it has become a complex paradigm since so many factors decide the outcome in contemporary era. For those in a moving industry it could be increase in population, strong economic revival due to governments policies, change in policies of corporate and a strong upsurge in construction business. Even reduced cost of fuel could play a part as cost of transportation decreases. 

New opportunities can also increase relocation apart from standard policy of transfer employed by military, corporate and  Government.  Housing also impacts relocation the upsurge in low cost housing projects are indicative of brighter future of moving industry.  In simple words increase in new homes create business for those in relocation.   

Rising populations and economic revival invite growth in metropolitan cities hence more housing leads to increase in relocation business. I n USA the forecast is bright because these very factors are in a favourable position.      

Industrial developments lead to increase in population share to that particular locations. Hence more people are likely to shift to that region creating business for the movers.   Major migration corridors impacted by local and International populations are hot bed for this industry and promise better survival environment. All types of moving be it residential, commercial or warehousing are dependant upon these factors.     

Home loans too make a major difference there is definite upswing whence the accessibility becomes easier with low rates of interest.  House flipping in USA is considered as revenue generating asset in real estate parlance. Purchasing and quickly selling home generate revenue as pricing increase. 

Technology plays its own part and changes the way we do business. New startups are making transportation cheaper and easier using innovation thus encourage shifting more and more.     

Wednesday, August 23, 2017

Comprehensive Innovation : Metal Fabrication Industry

Like all segment  of  manufacturing, fabrication business cannot survive stagnancy. There has to be a constant effort to improve and innovate. This is vital for survival since all technology driven businesses lose foothold and their vital customer base if they are not keeping abreast with the latest. 

The metal fabrication industry has faced innumerable challenges since last two decades to keep pace with the constant changes taking place. The innovation drive is comprehensive ranging from latest tools and equipment to management practices, IT system up-gradation and shrewd marketing strategies. 

As businesses move overseas to cut costs the customer base in North America and other developed World faces extreme reduction. Lets face the truth, access to overseas marketing is not an act of compassion or piety it is the need of the hour.    

Hence constant innovations and new developments are the key to survival. Things do not end here cost cutting by managing expenses considered affordable in good old days since these are no more sustainable. In short maximising efficiency without sacrificing quality is essential.  

To constantly evolve core business strategies, analysis and research though imperative need assistance of out of the box thinking. Both online or digital marketing and extensive land based strategies have to be employed.

Far from days of complacency, outsourcing has made industrial reach global mush to our chagrin. A disappointing development  but this is going to stay, there is no short cuts except face strict competition.  Possibility of trade barriers to provide relief is a distant dream because businesses moving overseas - to repeat is a strategy that benefits the parent companies. To face cutthroat competition the enterprise needs to be the fittest. 

Nevertheless competition is overcome by some resident factors like distance, availability of high grade manpower with requisite expertise and work ethics. Local fabricators will always retain these benefits.  Nevertheless extreme disparity in manufacturing cost could be a great lever. Back to square one.       

Creating a sustainable paradigm to for long term success is the imperative using constantly evolving technology and requisite skill base effectively. New skills in work force and access to and utilisation of  contemporary methodology will keep the pot boiling. 

Regular up-gradation of fabrication shops along with procurement of new equipment and tools is the key to stay afloat. In metal fabrication operational technology means efficient core machinery. Albeit expensive this is a long term value addition for a winning strategy.     

Tuesday, August 22, 2017

Steel Fabrication Equipment & Tools

The World has witnessed a complete revolution with the development of steel its emancipation from the mined ore and eventual refinement. The alloying technique has given birth to complex metals with varied properties. This has lead to development of complex components required to withstand extreme temperatures, stress and acquire properties that are required for a particular function in a specific environment.    

Steel is a derivative of iron which is found as ore in nature. The metal is used in fabrication but its parent iron is also used as such. Hence most of the fabricators are using all forms of metal including iron. 

In a fabrication floor a number of equipment and tools are set up depending upon the designs to be executed to form an end product belonging to a particular segment.  For example fabrication building components, complex machines, infrastructure projects all are specific to manufacturing industry. Hence fabrication is limited by scope to the area of the owners expertise and capabilities. 

The equipment or tools range from small and simple to big and complex. The list is large as mentioned below. 

  • Lathes
  • Band Saws
  • Manual Rod Benders
  • Welders Kit 
  • Welding Machines
  • Cutting Machines    
  • Body Hammers   
  • Jet Milling & Drilling Machine
  • Shop Presses
  • Bench Presses
  • Pipe Notching Dyes
  • Pipe Notcher
  • Strut Cutters 
  • Combination Benders
  • English Wheels 
  • Hammers
  • Metal Shears
  • Sheet Metal Brakes
  • Iron Workers
  • Bending Brakes
  • Punch Press  
  • Frame Press
  • Metal Forming Hand Tools
  • Tool Stands  


Above are listed some of the tools and equipment which are part of the trade. The fabrication industry has given rise large scale simple and complex ancillary, tools and equipment manufacturing industry in USA. With the rise in economy which leads to increase if steel fabrication and iron works the related manufacturing also offers great potential to industry leaders.     

Tuesday, May 30, 2017

RCom in Trouble - Aircel Merger

Reliance Communication Company owned by Anil Ambani is facing a crisis. Already indebted to the tune of 45000 plus crore rupees there seems no hope for a turnaround. 

The company's core business revenue is dropping drastically on all fronts - voice and data. The steady decline is attributed to  customers switching to other service providers and stiff competition for RIL Jio. The company has reported losses subsequently from last few quarters due to reduction in usage affecting revenue per customer. The company has failed to retain or increment its mobile broadband customers.    

The shares of ADAG companies have shown a constant downfall. RCom has to service its debt in order to retain its position in the market somewhat. RCom Aircel merger which has been approved by concerned bodies will assist in business recovery hopefully. This will come in form of demerger with Aircel & Dishnet Wireless Limited. This transaction will substantially reduce RCom's depth as well as Aircel's depth.         

The merger will result in making it one of India's largest private sector companies. After the merger RCom will hold 50% share in Aircel Ltd. 

Friday, May 12, 2017

Thermal Paper Rolls & Ribbons

In earlier times written communications were limited to pen and paper. Then later the typewriter was invented which changed the way we communicated. With the introduction of fax machine and then the printers this made communication far more dynamic.  In the offices and restaurants the use of printers has been extensive in recent times.  

Office products constitute office stationery, custom business forms, and gadgets both  electronic and manual. All modern hi tech offices have been computerized and hence material required for offices has changed as well. 

Printers are extensively used in offices, earlier it was the dot matrix printer then later ink jet and laser printers were introduced. 

Color Thermal Printers 

Colored thermal printer imparts impression on paper using wax based ink. The ribbon travels along the paper right under the printing head and in the process leaves color impression due to heat and chemical change. The paper used in such printers is called thermal paper or thermal paper rolls. The paper is special in the sense that it is coated with chemicals that change color and impart impression when heated.


Cartridges 

Cartridges used in these printers are main accessories of printing systems without these components printing would not be possible. Due to their limited life they are constantly in demand in offices. 

The cartridges and spools all contain ribbon laced with ink. The ink leaves a desired impression on paper used for printing. In case of thermal printers the ink changes color as desired before imparting and impression on the thermal paper or rolls.  Added advantage of cartridges and printer ribbons is that they can be refilled. 

Thermal Printer Ribbons 

Thermal ribbons come in three different types: 

Wax Used for printing on paper label and business forms customized as per need. 


Wax + Resin Used on smooth coated paper labels they produce fine results and the image is more durable. 


Pure Resin Pure resin ribbons are used to print on plastic labels, polypropylene, polyester and vinyl. The color is black but red and blue colors are also available. The quality depends much on plastic material used. The ink adheres to the surface of the plastic label and durability depends upon the type of plastic used. Pure resin printing is most durable water resistant and can stand strong sunlight. 


These are used in printers, adding machines, cash registers, credit card terminals in hotels, restaurants, offices, retails stores. The rolls are sold in various size according to the applications.   

Due to decrease in cost the application of thermal paper rolls has become widespread in various businesses. Hence they are manufactured is large volumes all over the World.    

Wednesday, May 3, 2017

Office Stationery Business - Tough TImes Ahead


One of the consumed products the office stationery industry is constantly facing instability. This is so especially in case of manufacturers. The market is dependent much on local regions for those manufacturing non branded items. 

Even for brands the instability factor remains. Constant incursions from low cost imports and competition from generic play a major role in reducing profitability. Hence innovation and research are key factors that define success. The industry is dependant upon new products that skip over the existing competition to make a killing.     

Bulk manufacturing and supplies are strategic in maintaining profitability in face of stiff competition. Economic down fall or recession can also hit hard.  

Trends and technological changes do impact sales of traditional stationery products, especially those that are paper based. Electronic communication and Internet has reduced consumption of paper based products.  Increasing use of computers, laptops, PDA and mobile further impact the growth of this industry. 

Increase in business activities and educational institutes are the stabilizing factors that could end up mitigating losses or reduced profitability. This is applicable to Asian markets where schools and colleges are mushrooming. In developing economies mushrooming enterprises is aiding in sales of office stationery products.     Warding of local competition by implementing smart marketing strategies and increasing exports could yield spectacular results for  agile manufacturers.  

Lifestyle changes increase demands of products that constitutes stationery in contemporary times. But this is more beneficial in case of other sectors catering to personal, family and social demands.  

Hence the picture is not as bleak as it appears to be. Since the onus has shifted to new product development those with flair for research and innovation will continue to survive and flourish. 

Steel Industry in China

Steel production increased rapidly during the post World War 2 era. Many countries developed at a rapid rate with amazing construction booms. Steel making process involves use of iron ore and scrap. The process includes exclusion of impure element like nitrogen, excess carbon, sulphur silicon etc. In order to obtain various grades of steel elements like vanadium, manganese, nickel and chromium are added during production. The introduction of Bessemer and Siemens Martin processes revolutionized production globally.     

The capital reforms under Deng Xiaoping gave a big boost to Chinese industrialization.  lagging much behind the global steel industry the reforms brought about a paradigm shift and augured production.   

By 2011 China became the largest producer of steel in the World. The production rose to over 680 million tonnes accounting for forty five percent of global production.This despite stiff competition by major players and unstable prices of raw material. As per the trend in almost each sector the industry experienced prices rise within this period.  

The production continued to peak until its decline on year 2016 which resulted in stock market crash in that country. This came about as a result of other countries exports specially from Russia and Ukraine. 

The largest steel producers in China are Hesteel Group with production being 31 million tonnes which is much below Arcelor Mittal. The latters is the largest steel producers in the World with 116 million tonnes. Other major producer of this commodity are Jiangsu Shagang, Ansteel and  Baosteel groups. India ranks fourth in production of steel and is undergoing a rise in production along with new entrants like Brazil and South Korea.     

Monday, May 1, 2017

Moving Industry Outlook USA

The moving or translocation industry is dynamic as a large number of residents, workers, soldiers and businesses move from one State to another or locally.   

Like all industry the moving industry experience the change. It is highly dependent of the state of economy, industrial outlook, trends and paradigm shifts that govern life in US. These are not the only factors that   make people relocate locally or in the other states of the country. 

Some other factors that make people shift from one place to another or from one destination to another are: 

Seeking cheaper accommodation

Move into own Household
Job transfers
Marital status change
Leaving education institutions
Retirement
Health reasons
Natural upheavals 
Social Insecurity
Discrimination
Rentals
Proximity to work place
Proximity to school/college or university
Expanding accommodations


According to trends more than eighty percent move within the state. About twelve percent move outside the state while the rest migrate to another country. In US annual translocation is approximately forty three million people. This constitutes seventeen percent of population of  USA. Hence the number of people on the move every year is one the rise due to the factors stated above,.     
As per American Moving and Storage Association the movement in various sectors took place as follows: 

24% Military
Corporate 39 %
Individual or Residents 35 % |
Leaving the rest to Federal Government employees.    

The constant demand in the industry has seen establishment of new moving companies big or small. With the rise in relocation the logistic, storage and transportation companies have also experienced growth.
 

 


   

Sunday, April 30, 2017

Industry: Biotechnology in Nascent Stage

The industry defers from conventional pharmaceuticals is in the use of natural materials for composition of drugs, fmcg and household utilities.  The drugs are manufactured in a living ecosystem comprising of microorganisms, plants and even cells.

Laborious research, innovation are the key factors in reaching the pinnacle that spells success. Since new discoveries of drugs (biopharmaceuticals) and products fuel the demand leading to growth and gains.  Nevertheless the industry being in a nascent stage the market is volatile at times discouraging investors and stakeholders.  The products are expensive and hence invite regulatory pricing at times from the governing bodies bent upon providing cheap medical care to their citizens.  

In order to reach the market the products must pass strict regulatory mechanism comprising of tests and trials. Amny drugs find it difficult to pass through clinical trial stage costing the concerns hefty amount.   

In India the industry has picked up pace and experiencing high YoY growth. India has high number USFDA approved plants. The acronym stands for US Food & Drug Administration a body that regulates edibles and drugs among others.   

India is emerging as the top base in clinical trail and research segment. The country has an advantage in necessary skills,  infrastructure, cost effectiveness and developed R&D base. Though it has a marginal share in the contemporary global biotech industry the projected growth is promising.   

Structural Steel - Product Reuse & Recycling

Structural Steel is used in construction with added advantage over tradition construction methods. This form of construction is gaining ground day by day as fabrication industry advances. The new technology uses lightweight structural steel to fabricate building parts. These parts are made in units and not at construction. Eventually they are installed at the construction fitted at suitable junctures on the building being built.    

Product Re-use

This is one of the greatest advantage of lightweight steel. At the end of its life it can be reused as new product in buildings under construction.  In case of re use no processing is involved.  The steel structures are reused more in some sectors than the others.   

The discouraging factors are lack of standardization, difficulty in assessment of composition and quality after end life dismantling from its earlier incarnation.   

Design for reuse

Use bolted connections this allows easy dismantling 
Provide easy access to connections 
Keep the steel  free from coatings or coverings for proper visual assessment. 
Minimise the use of fixings to structural steel use clamped fittings.
Use long-span beams

The recycling and reuse enable reduction of adverse impact on the environment with added cost benefit. Steel being hundred percent recyclable and a high end recovery rate has to be kept that way.

Scrap recycling is also on the increase as an eco friendly practice.  During prefabrication raw material waste does occur but this can be easily collected and recycled.   

The two aspects combined are leading the World to a more sustainable development.  

Factors That Influence Steel Price

Understanding the factors that play an important role in pricing and production is necessary for those in fabrication industry.  The industry uses many types of metals derived from steel. Like any other raw material used in fabrication and manufacturing a number of factors are influential.   
The factors affecting may not necessarily be local but nowadays global impacts are applicable to nearly all industries. Hence some of these are: 

OIL Prices  


Oil prices govern all industries that are energy dependant directly or indirectly. More so the effect could be indirect because alternate energy production in a way is linked to oil prices. The fossil fuel is required during the production of steel hence high price means high cost of production.     



Demand 



Both local and international steel demands affect the selling prices. It is a competitive industry and high or low demand has a definite impact on the sales.   



Construction  



Steel in one form or other is required by the construction industry. Hence the demand for the raw material is directly in proportion to the construction activity. In recent times this industry is experiencing a boom in US and many other countries of the World. 


New methodologies like fabrication of light weight steel to make building parts has further the demand. World over the steel fabrication business is on the rise. This is due to cost reduction and long term benefits of lightweight steel fabrication. Quick installation is another virtue due to which this technology is gaining grounds.