Meet the Demands of the Retail Industry with Retail Fulfillment Solutions

The term fulfillment stands for the “process of taking an order and executing it by making it ready for delivery to its intended customer. It may involve warehouse pickup, packaging, labeling, etc.” However, when it comes to retail fulfillment, there are certain requirements with respect to product specifications, packaging, palletizing, labeling and tagging that the retailers want the manufacturers to stick to. Take for instance, retail packaging which plays a significant role in attracting customer’s attention. Attractive packaging is important especially in the case of first time buyers. It is the first step to enter the market and therefore there can be no compromise. The retailers also expect the manufacturers to provide delivery times and files with advanced shipment notification. And with the retail arena becoming more competitive and volatile, retailers are not ready to take no for an answer. They want the manufacturers to comply with the strict rules at any cost.  

The retailers’ insistence on conformance with the rules has put the manufacturers under tremendous pressure. With retail fulfillment, manufacturers are expected to deliver the goods at the right place, at the right time and in the right form. Hence, retail distribution is an important aspect of retail fulfillment. To meet the demands of the retail industry such as electro-mechanical assembly, routing guide compliance, retailer-specific packaging, and custom labeling, what manufacturers need is an effective retail and distribution management. By partnering with reliable retail fulfillment solution providers, manufacturers can not only focus on their core competencies but also meet the needs of the retailers satisfactorily that too at a lower cost and with more flexibility. The following are some of the retail fulfillment solutions provided by a global leader in retail fulfillment solutions. 

  •  
    • Retail Packaging (hardware and software pack out: retail box, RF sealing clamshell packaging, blister pack, shrink wrap, etc.)
    • Custom Labeling
    • Serialization/ Serial Number Tracking
    • Warehousing, Inventory Control, Lot Control
    • Order Management and EDI
    • Routing Guide Management
    • Direct to Store or Distribution Center
    • Freight Management, and Tracking
    • Returns Management
    • Online Tracking, Inquiry and Reporting
 

Thus, depending on third party solution providers help manufacturers to ensure best-in-class retail fulfillment since most recent products are shipped that too in the quantities that are ordered – that means no stocking of products with a limited shelf life. 

Also read more about supply chain solution & Rack and Stack Integration

 

Features Of Clinical Research Organizations

Most often a clinical research organization (CRO), is termed as a contract research organization. Simply put, it is a service organization that provides help to the pharmaceutical and biotechnological sector in the process of drug development through non-clinical and clinical trials.  


With the increase of medical tourism in India, leading clinical research organizations have set up in the country. These CRO’s are proactively involved in Clinical trials in patients, special population studies accompany by medical volunteers. In India, the renowned and leading CRO’s are located in the southern part that includes places like Bangalore and Chennai. Amidst their wide portfolio of services there is advanced Phase I to III studies with biotechnology companies. Furthermore, the CRO’s have created a positive name for their extensive service portfolio and expertise in areas such as:


* Bio Studies

* Bioanalytical Research

* Biometrics

* Medical Writing

* Regulatory Services


This apart, the CRO’s have a specialized department for QA and regulatory services that constitute an important part of their service portfolio. A dedicated team is allocated for the same that conducts audits and are supported by in-depth local regulatory procedures and effective coalitions with various regulatory agencies. Some of the essential services that are offered includes:


* Formulating regulatory strategies

* Compiling a clinical trial application

* Follow up and submission of the application to DCGI

* Being responsive to regulatory agency queries

* Procuring drug import licenses

* Procuring NOC for export of biological samples

* Tracking of approvals and applications

* Safety Reporting

* Submission of Clinical Safety Report

* Renewal of Import License


Keeping in mind the present day chronic ailments CRO’s also conduct medical studies such as the Phase I study and other medical researchers in their bio clinical laboratories. These laboratories are equipped with state-of-the-art infrastructure that helps in drug development processes and other treatments. Important components here are:


* Single Ascending Dose studies

* Multiple Ascending Dose studies

* New Chemical Entities

* Dose Escalating studies

* Capabilities


Therefore CRO’s provides advanced services for Phase 1 studies for instance First-in-Man for new chemical entities (NCEs) as well as new biological entities (NBEs). Simultaneously, they also offer services for a suite of clinical pharmacology studies that comprises of Food Effect, Drug Interaction studies, Pharmacokinetic / Pharmacodynamic studies Proof of Mechanism & Proof of Concept, TQTc studies, exploratory studies for special Population studies and multiple biomarkers.


Read More On: Clinical Pharmacokinetic, biometrics companies

Ensure Complete Brand Protection with Advanced Anti-Fraud Solutions

Globalization and Technology innovations have paved the way for the growth of e-commerce. This  has been beneficial to the organization, but has turned out to be the primary driver of grey market and counterfeiting activities. The inherent openness and anonymity of the Internet are creating unprecedented challenges; fraud, brand abuse and unauthorized channels. Even as companies spend millions to build global brands, the internet with its wide reach can easily put such brands at risk– resulting in not just undermining the marketing investments they have made, but also eroding the brand and its reputation.

As businesses moves online, an enterprise’s greatest challenge is defending its brand from ever-evolving online risks.  Organizations have come to realize that the internet has made it easy for the grey market and counterfeit goods selling even more easily. Online fraud detection is a critical issue in the present day techno savvy world. To defend and protect a company’s brands, channels and marketing investments from these ever-evolving online risks, today’s enterprise need a holistic brand protection strategy that leverages technology to counter all technology-borne problems.

It has become imperative to stop online fraud by being proactive rather than reactive, if your products are being returned because of poor quality or a sales channel is deteriorating because of grey market abuse. To prevent such damages from happening, companies need a complete online fraud prevention solution. The market has plenty of solutions to protect the world’s leading brands, their revenue and their reputations.

These online fraud solutions provide powerful insights and unrivaled methodologies that make an immediate impact in combating sophisticated and evolving online threats. They are also capable of retrieving to the level of product and individual listing and have a human evaluation and analysis to supplement programmatic methods of collecting and ranking the monitoring results. The fraud detection software is also a competent tool that runs analysis of companies, regions and time frames to identify the fraudulent companies. Every activity is scrutinized and the reports can be viewed through various options like quantity, time, product or any other detail.

Many forward-thinking organizations are being proactive and have recognized the intrinsic value of protecting their brands online. These companies are investing in advanced technologies that can tackle the problem strategically and deliver immediate and convincing ROI. By using strong and efficient online fraud management solutions, companies can reduce the impact of counterfeits on their company.  Prevent internet fraud with a comprehensive SaaS-based online fraud protection solution that has the capacity to successfully address issues of illegal online commerce.

Know more on: Anti-Counterfeiting

Why CRO’s Conduct Clinical Trials?

Innovative medical discoveries and advanced clinical treatments are the outcome of a systematized clinical trial process. The best way to define a clinical trial is that it is a research procedure that involves human volunteers in order to find the answer to some of the poignant health concerns. When conducted carefully with the appropriate know-how and caution, clinical trials are the best and safest way to arrive at medical innovations and health practices that work towards better health and wellness. There are multiple kinds of clinical trials that studies aspects such as:


* Prevention options

* New treatments or new ways to use existing treatments

* Ways to arrive at new drug development

* Fresh screening and diagnostic techniques

* Options for enhancing the quality of life for people who have serious medical conditions


Clinical Trials and Rules


A clinical trial is conducted according to a set format, that is termed as protocol. This protocol governs the kind of population to be enrolled in the study; whether to enroll healthy volunteers or patients to take part in the study, for instance Phase 1 Study, sets routines for tests and medical processes, drugs, dosages, time of the medical study and the results that are later evaluated. Every individual participating in the study needs to comply the inclusion and exclusion criteria as per the protocol.


Why Clinical Trials are conducted?


Most people often question the reason for conducting clinical trials. One of the primary reasons for carrying out clinical trials is to test of a new drug or device to figure out if it is appropriate to be used. In addition to this, there are many clinical trials that are conducted to compare the old/present treatment methodologies in order to discern whether that is the best option. The certified treatments are termed as “standard treatments”. Furthermore, there are certain clinical trails that are conducted to examine multiple ways to utilize standard treatments in order to decide the most appropriate method and its side effects.


Clinical Trials and CRO’s


Well known clinical research organization in India nowadays offers specialized research programs that implements innovative and scientific study modules in Clinical Pharmacokinetic analysis, clinical pharmacology, bio-analytical method development that is generally carried on by a team of expert and trained medical technicians and research associates. The CRO’s today has adopted a 360 degree approach to clinical trial processes that adds benefits to its service portfolio, which includes:


* Feasibility Studies

* Volunteer Recruitment & Planning

* Clinical Trial Supplies & Management

* Project Management

* Clinical Monitoring

* Bioanalysis of human matrices

* Bio Statistics

* Pharmacy Services that ensures strict compliance with GCP and other international regulatory requirements.


The benefits of taking part in organized and well integrated clinical trials are many. It is useful and helpful to eligible patients and volunteers to be proactive in medical projects and discover revolutionary treatment methods.


Read More On: bio clinical laboratories, biometrics companies, Bioequivalence

Enjoy Financial Success with Effective Tax Planning

Tax planning is an important factor of a strong business strategy. It is an essential aspect, financially as well as individually that can result in gains, when planned effectively. Despite tax increases are impacting many, the extent to which they affect you often depends on how much attention you pay for tax planning. The reality is that tax laws remain the same, regardless of the size of the corporate taxpayer and it is an effective, well thought-out tax planning strategy that can legally minimize tax liabilities.

 

Keeping up with the continual changes in the tax code, not to mention the ever-increasing complexity of these changes, can be a complex and tedious task. It is therefore imperative for business owners today to not be dependent on any inadequate tax planning advice as it can prove to be disastrous in the long run. Seeking tax planning advice is a great option as an expert who is thorough and knowledgeable will help reap the benefits of sophisticated tax planning. Financial and tax planning services  aid businesses in growing successfully  by calculating the taxes accurately and also provide suggestions to plan finances in the best possible way.


Although there are many businesses looking at simple and secure tax compliance at the minimum fee, it makes good sense to get the advice and benefits of an experienced tax consultant and thereby also ensure tax savings. The best way to be up to date with the changing in taxation laws is employing the services of a tax planning expert. Today most entrepreneurs have apprehended that incurring a minimal charge towards professional services has become synonymous with generating tax savings that far outweigh the preliminary expenses.


There are a number of reputed tax planning service providers that help you in filing your tax returns who also have a thorough understanding of their client's situations. These expert tax consultants prepare individual tax return correctly and at the right time and then apply their expertise of the evolving tax rules in planning the apt business and personal decisions. Financial planning service is yet another way to stay aware of the everyday changing tax laws.  


Being proactive in your own tax planning and taking the help of an experienced tax professional can result in financial success as these service providers can provide expert guidance and also help in determining how changes in the tax laws will affect your business and what is necessary to reduce future tax liability.

Read More About: IRS Amnesty, FBAR, OVDP, Entity Formation

Operational Benefits Of Engineering Service Outsourcing

The increased pace of industrialization and globalization has resulted in multiple engineering needs which in turn has been the emerging base for most engineering outsourcing companies today. These companies are known for utilizing the best industry technologies that helps to come up with new age engineering products. Furthermore, these engineering products are cost-efficient in nature that gives the users a competitive edge over other market players.

Services Offered By Engineering Outsourcing Companies


Leading engineering outsourcing companies with their continuous and innovative engineering initiatives help users to minimize the total cost of operation and the overall product development. These companies have their own delivery centers located globally working with enterprising projects that aim to offer complete global support.

There is a dedicated team of engineering consultants and project engineers  associated with multiple projects that include various fields of :

 
  • Concept designing

  • Designing civil structures

  • Product realization solution

  • Industrial products

  • Oil and gas transportation

  • Power generation

This apart there is a team of research and development professionals who keep a tab on the market engineering and outsourcing trends and incorporate that knowledge in their value optimized engineering solutions. Other services that they provide to their global client base includes engineering analysis, planting and processing, sustenance engineering, technical publications and other relevant engineering manufacturing services.

Benefits Of Engineering Services Outsourcing


Today outsourcing has become the order of the day and a means of operation that is resorted to in almost every industry vertical. The global engineering base is expanding and evolving with path breaking technologies that cater to the ever changing engineering needs and demands. Therefore, apart from cost savings there is yet another crucial benefit of engineering outsourcing. Through outsourcing companies can have access to a huge talent pool of ideas and expertise that can be customized and put to efficient use.

Furthermore, efficient outsourcing of engineering services results in quicker time to market and allows engineers to give the required focus on certain core areas. Companies can experience better mobility in work and are able to shift to the variable cost model. Most importantly, outsourcing results in a continuous knowledge sharing that helps companies to stay alert in leading industry trends.

Global networking is yet another benefit of outsourcing engineering services as it allows to strengthen the contact base which in turn is helpful in procuring new projects and assignments.

Related Links: engineering consultancy service, aerospace product and parts manufacturing 

Counter Potential Risks with Adequate Phishing Protection

Phishing has become a dreaded online attack that does not spare anyone that can affect individuals and organizations alike. Phishing can cause havoc in your organization if any employee readily furnishes the critical business information. Although  most of today’s phishing attacks pose threats on par with traditional corporate espionage, a large number of companies still do not have the policies and solutions in place to prevent this cyber equivalent.

Protecting company assets from potential risks is simply a cost of doing business. In an attempt to curb these attacks companies need to have adequate protection in place. Phishing attacks generally take place in the form of a mail that seems like coming from a credible source compelling you share your private information and in most cases employees cannot be held responsible if he cannot identify the attacks and address them effectively.

In most organizations, Phishing attacks are responsible for losing all crucial information, revenue loss as well as brand erosion. Some attacks have also lead to the malfunctioning of the computing devices. And in some cases, if computers are linked with one another, then an error in one device quite easily create a chain reaction, disrupting the functioning of the system as well as the level of productivity. Most of the conventional anti-Phishing solutions address Phishing concerns on a casual level, and these are unable to counter and combat complex Phishing attacks.

Enterprises today therefore require a new age Phishing protection program for enhanced security. To avoid becoming Phishing victims, it is important for an organization to implement appropriate anti Phishing protection measures to safeguard their information and their employees. Reputed solution providers have introduced efficient and advanced anti Phishing solutions that provide suitable protection. These solutions act as an automated tool that is installed within an enterprise and launching simulated Phishing attacks, these solutions are capable of tracking individual responses internally.

Protection from phishing is a must today, especially for eminent brands that might have employees unaware of such attacks. Preventing Phishing attacks can be a demanding challenge for organizations.  With most Phishing attacks  not being contained by implementing filters and firewalls, counter measures, like reliable anti Phishing software need to be implemented to deal with the growing technical complexity of criminals conducting Phishing scams and exploiting vulnerabilities.

Invest in a solution that provides unified governance risk and compliance system to curbs Phishing attacks, ensures complete IT compliance and offers complete protection from advanced technology attacks.

Read Also On: anti phishing tool

 

Enterprise Translation Services Paving Way for Global Expansions

Every business thrives on the level and clarity of communication across vendors, customers and within the organization. With business houses taking  on a global route, the standard of communication has reached higher levels with a requirement of translation into more number of languages.


Enterprise  translation services provide  a collaborative translation platform for the enterprises to engage their global communities with trusted translation for business expansions. The completely hosted translation software makes use of the present day technology upgrades and cloud computing methods, providing organizations with the necessary transparency. Running across a number of servers and networks , this cloud based translational package with the flexibility and security of hosting translation platform provides organizations  control over the entire localization process.


Even with a scalable system, the cost and speed of translation being of primary concern, enterprises need to use automated language translation software. The translation platform with its  unique workflow and translation tools brings about 50% reduction in the cost of localization while doubling the speed of translation. Further, these translation service providers with a worldwide translation network  of over 5,000 translators paves way for easy translation of  over 150 languages of projects of varying sizes.


The automatic language translation refers to the use of a computer program to translate input text from one  language to another while maintaining the original document format. However, with language being dependent on context, with both connoted and denoted meaning,  the  program needs to have access to such context as well as the ability to use it. Hence in the circumstances when  providing enough context is difficult, automatic language translation  works out l only in limited cases especially when post-edited by professional translators.


The current globalized business climate, however challenges the organizations and pressurizes them to take advantage of the there is constant pressure to take full advantage of possible efficiencies and to lower operating cost. By establishing a translation, localization and process vendor across the entire enterprise. This would help in lowering the overall language translation rates and bring in consistency benefit with the use of translation  memories across the enterprise. Creation of  an unified localization process, irrespective of the content will help enterprises be in step with organizational rules and regulations. The presence of a customized account management team helps maintains and track  the automated project portals.


With business expanding beyond geographical boundaries, understanding the customers and client needs is  very  important to gain the confidence and loyalty. The  use of professional enterprise language translation services, will pave  way for   organizations  to  reap in profits from the multinational business expansions.


Related Links: language translation network , Translation Services

Understanding FBAR And Its Implications

When it comes to filing tax returns the laws are applicable for one and all. However, for every Americal citizen the Foreign Bank and Financial Account Report i.e. FBAR is a legal form that IRS instructs them to file for ensuring that the citizens are complying with the requirements of reporting foreign bank and financial accounts to the U.S tax authorities.

 

FBAR Applicability

 

FBAR is applicable to any and every individual that resides United States and have incurred a financial interest or any other significant authority on a financial account in another country. Simultaneously, it is also applicable if an individual’s total value of all these accounts exceeds US$10,000 anytime in a year. As directed by the Treasury Department Form 90-22.1 American citizens and U.S. residing individuals are required to fill in the  FBAR form every year.

 

FBAR Specifications

 

The incomes that report on these accounts are efficiently reported on an individual’s tax return for the year. Hence, it is essential for a person to report the foreign earning depending upon the income type that is generated. Let us explain this with an example; Incomes and dividends would come under Schedule B, Capital gains would be reported under Schedule C and so on. Therefore, in case an individual is earning dividends and interests on accounts it is crucial to get it reviewed in Part III Line 7A of Schedule B referring to the countries where the accounts are present.

 

Types of FBAR that are reported

 

The kinds of FBAR that can be reported includes the following:

 

·        Bank accounts (checking and savings)

·        Investment accounts

·        Mutual funds

·        Retirement and pension accounts

·        Securities and other brokerage accounts

·        Debit card and prepaid credit card accounts

·        Life insurance and annuities having cash value

 

Time for Filing FBAR

 

As per the Treasury Form 90-22.1 the FBAR filing is due June 30th every year when American citizens and individuals report their foreign bank accounts. Quoting the Internal Revenue Manual section 4.26.16.3.7 it is highlighted that the “The FBAR is considered filed when it is received in Detroit, not when it is postmarked."

 

FBAR Penalties

 

Every American Citizens and individuals are required to file the TD F 90-22.1 to report about the foreign bank account even if one misses the deadline of June 30th. In case a person averts intentionally that state as rigid penalties for the person. Hence, it is useful to seek professional advise from eminent U.S  Tax Planning agencies for conduct the FBAR formalities efficiently.

 

Read Also About: Overseas voluntary disclosure, IRS Amnesty, Entity Formation

 

Advanced Data Center Solutions for Reliability and Performance

Today’s world is extremely IT driven. Almost every business depends on various software applications to carry out organizational functions, irrespective of its size and nature of the business. For companies to facilitate their organizational functions there is a plethora of options for companies.  With the use of software solutions, there is a  need for a reliable data hosting platform. Data is of great importance in a data center, and it needs to be protected well.


The search for a growing number of mid-sized businesses are undergoing as they increasingly look to outsource data needs, instead of building costly new data centers on their own at a time when capital is short and energy costs of cooling and maintaining data centers are rising. Outsourcers can often run more cost-efficient facilities. Look for a data center solution that provides a wide range of strategic solutions to help you optimize your IT infrastructure, better align your IT with your business and increase your data center performance across your entire organization.


The solution must also offer best innovative computing and storage solutions that set the standards for quality, reliability and performance and have the highest levels of security, redundancy, reliability and infrastructure necessary to house your servers. It is also important to make sure that the site has experienced personnel to facilitate the installation, monitoring and maintenance of your equipment. Choosing a Data Center with state-of-the-art security, redundant air conditioning and power units and a 100% uptime guarantee is as equally important as the site’s technical expertise and capabilities.


Your choice of an advanced data center solution must accommodate a rapidly expanding volume of data that is being exchanged between data centers, improve the quality of the company’s disaster recovery provisions and enable operating expense reductions through the consolidation of networking resources. Data centers need to be constantly monitored and maintained and it is therefore important to make sure that the data center solution that you choose has a 24/7 customers support as well as on-site assistance that is available 24/7.


With the demand for data center solutions is growing rapidly, it is imperative that you choose a data center solution that offers many innovative computing and storage solutions with quality, reliability and performance. Every business looks at an expansion at some point in time. Take good care to ensure that the solution allows for future growth and easy upgrades, with  better servers, and unified storage.


Read Also More About: custom computer, oem manufacturing, storage server, unified storage solution