Wednesday, June 17, 2020

How Multilingualism Builds a Better Business World

Tuesday, June 2, 2020

Difference Between Goals and Targets


The recipient of two General Motors Transformers Awards, Ashwani Muppasani is the former vice president of the automotive division at TE Connectivity. Ashwani Muppasani is experienced in identifying targets for new product development and has also enhanced product suites in new markets.

Although they sound like the same idea, goals and targets are entirely different concepts in terms of scope. A business will specify its goals to portray a long-term vision of what it aims to accomplish within the specified period. Targets, on the other hand, are small steps aligned with deadlines and details of larger goals. To achieve a business goal, the team and individual within the organization will have to reach their targets. At this point, it is needless to say that goals and targets work hand in hand.

Target will help increase the sense of the importance of effort and activity that needs to be put together to increase the chance of accomplishing goals. For example, a business may plan to increase its efficiency - this is a goal. To achieve this goal, it has to get all equipment and machinery in the company functional - these are individual targets.

Friday, May 1, 2020

Direct and Indirect Procurement


Skilled operations professional Ashwani Muppasani most recently served as the vice president of operations and quality at TE Connectivity Automotive Division in North Carolina. Prior to this, Ashwani Muppasani worked for other companies such as OHorizons Global Network and General Motors, where he handled several responsibilities including oversight of direct and indirect procurement.

A complex business operation, procurement involves the sourcing and purchasing of goods and materials necessary for business operations. There are two main procurement processes to be aware of: direct and indirect procurement.

Direct procurement is necessary for any business that sells a tangible item to consumers or other businesses. The process involves acquiring the raw materials necessary for creating this item, such as wood or concrete. Most businesses purchase raw materials in large quantities from suppliers who offer varying levels of quality, reliability, and cost. Without direct procurement, companies that produce tangible items can no longer function because they cannot manufacture their product.

Meanwhile, indirect procurement involves the purchase of supplies and services necessary for the company’s daily operations. These include office supplies and pieces of equipment or furniture. Unlike items bought through direct procurement processes, the supplies and services purchased through indirect procurement are not necessary for product development or manufacturing. However, should a business not obtain these items, it cannot properly operate, regardless of whether it has the raw materials it needs to create a product or not.

Monday, April 20, 2020

Automotive Radar Sensors Industry Poised for Strong Growth

Tuesday, April 14, 2020

SME - Advancing Educational Platforms for the Future

Monday, March 30, 2020

Cricket and Calypso - Narrating and Unifying Caribbean Culture

Monday, December 23, 2019

Wichita State Features Innovative Experiential Engineering Building

WSU Logo
By Source, Fair use, https://en.wikipedia.org/w/index.php?curid=58943242

Previously the vice president of quality and operations for the Americas at TE Connectivity, Ashwani Muppasani also served as an engineer and executive at General Motors for nearly 20 years. Possessing a master’s degree in industrial engineering, Ashwani Muppasani is a graduate of Wichita State University (WSU) in Kansas.

A public university that features a top-notch engineering program, WSU’s curriculum encompasses the disciplines of industrial, systems, and mechanical engineering. In 2017, WSU opened its $32 million Experiential Engineering Building, which was the first phase in the university's plan to establish an “Innovation Campus.” The experiential educational environment allows students to be involved in real-life engineering projects and provides a space for faculty members and students to engage in interdisciplinary learning.

The design of the 143,000-square-foot facility was the result of collaboration among all of WSU’s engineering departments and programs. In addition to a variety of labs for prototyping, design, testing, and manufacturing, the building is equipped with cutting-edge engineering technology and support systems, including a 3-D print center, business incubator and accelerator spaces, and a technology transfer office for patenting guidance.