Contract Management System is building the relationship between business and contracts. All Industry wants contractors to do their works within time. Contractors do the work within the time. It also knowns as Contract administration, depending upon the customers, vendors, and employees to start the process and procedure that companies to manage the execution, performance, modifications. The relationship between contractors and contracting the activities to find the success of any business.

The contractors must plan about that work and check that any legal issue then they start the process. First, they need to know the order to a company with requirements of any review and procedures by the company. Once the contracts relationship is understanding the companies and related documents requires to document the relation and proceed the process. If the contractors have been collecting information of that work and agreement has been reached on the terms. They worried about opposite contractors. If you lose the chances they are occupied that position so we need to finish the work within time.

Contract Management System can be used to manage the contract request, capture the data related contract. Based on this system we can improve our business and relations in the market.

CONTRACT MANAGEMENT FRAMEWORK:

Establishing governance and the contract management team:

• Determining the structure of a contract management system
• Determining the structure of a contract management system
• Skills and profiles required for contract management system
• Identify the training requirements
• Ensuring continuity for the contract management function

Contract Administration:

• Planning, establishing and executing
• Payment machines
• Benchmarking and market testing
• Checklist and manual of contract administration
• Variations to the contract.

Relationship management:

• Defining communication protocols, routes, system.
• Development of partnership and behavior
• Difficulties of relationship overcoming
• Developing a successful relationship
• Managing the relationship checklist

Performance management:

• Fundamentals of performance management
• Working with service providers
• A monthly performance monitoring process
• Tools for measuring performance

Elements of successful contract management:

When aContract Management System is successfully implemented:
• Business benefits and financial returns are being realized
• The supplier is cooperative to the organization’s
• The organization encounters no contract disputes
• The delivery of services is satisfactor

• Request
• Create
• Approve
• Negotiate
• Sign
• Capture
• Comply
• Manage
• Optimize

Benefits of Contract Management System:

• Contract cycle time decrease
• More deals
• Revenue Leakage stop
• Visibility Increased
• Control and security increased

Contract administration is a process that involves managing the outcome of government contracts. As a contract administrator, you can expect to perform tasks related to products, monitoring performance and resolving disputes. Management of the software will also be recognizing the weaknesses and correcting them at the same time. A contract can be between a business and its suppliers and their employees and so on.Contract Management System presents a way of managing a contract.

Contract Management System is building the relationship between business and contracts. All Industry wants contractors to do their works within time. Contractors do the work within the time. It also knowns as Contract administration, depending upon the customers, vendors, and employees to start the process and procedure that companies to manage the execution, performance, modifications. The relationship between contractors and contracting the activities to find the success of any business.

The contractors must plan about that work and check that any legal issue then they start the process. First, they need to know the order to a company with requirements of any review and procedures by the company. Once the contracts relationship is understanding the companies and related documents requires to document the relation and proceed the process. If the contractors have been collecting information of that work and agreement has been reached on the terms. They worried about opposite contractors. If you lose the chances they are occupied that position so we need to finish the work within time.

Contract Management System can be used to manage the contract request, capture the data related contract. Based on this system we can improve our business and relations in the market.

CONTRACT MANAGEMENT FRAMEWORK:

Establishing governance and the contract management team:

• Determining the structure of a contract management system
• Determining the structure of a contract management system
• Skills and profiles required for contract management system
• Identify the training requirements
• Ensuring continuity for the contract management function

Contract Administration:

• Planning, establishing and executing
• Payment machines
• Benchmarking and market testing
• Checklist and manual of contract administration
• Variations to the contract.

Relationship management:

• Defining communication protocols, routes, system.
• Development of partnership and behavior
• Difficulties of relationship overcoming
• Developing a successful relationship
• Managing the relationship checklist

Performance management:

• Fundamentals of performance management
• Working with service providers
• A monthly performance monitoring process
• Tools for measuring performance

Elements of successful contract management:

When aContract Management System is successfully implemented:
• Business benefits and financial returns are being realized
• The supplier is cooperative to the organization’s
• The organization encounters no contract disputes
• The delivery of services is satisfactor

• Request
• Create
• Approve
• Negotiate
• Sign
• Capture
• Comply
• Manage
• Optimize

Benefits of Contract Management System:

• Contract cycle time decrease
• More deals
• Revenue Leakage stop
• Visibility Increased
• Control and security increased

Contract administration is a process that involves managing the outcome of government contracts. As a contract administrator, you can expect to perform tasks related to products, monitoring performance and resolving disputes. Management of the software will also be recognizing the weaknesses and correcting them at the same time. A contract can be between a business and its suppliers and their employees and so on.Contract Management System presents a way of managing a contract.

Benefits of Inventory Management System

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GPS-Global Positioning System

GPS software is used to track the vehicles and to know the live traffic updates. This software is almost used in all industry sectors. This software is showing route map for each and every field.This is mainly used for military applications. By using this software to reduces the drive time and easy to track the vehicle. From satellite signals to find the location using GPS receivers. This software works in all conditions, depend upon signals received.

Types of GPS Tracking:

Personal trackers:

Personal trackers are used personally/secretly. basically, this type of trackers used on animals, devices, pens etc., is called a pocket chip. Then that device is activated after that activation users can operate remote and follow that device to trace the location. Mostly this personal trackers/devices used their dogs.

Asset Trackers:

Asset trackers/devices can be used for things like personal trackers. It is a small radio chip to a large satellite tag. This device mainly used in supermarkets because there stolen items and shopping carts are commonly stolen. So to avoid that theft, supermarkets use these devices from retrieving services to cart blocking.By using this device to avoid the theft in supermarkets. Some asset Trackers increased to identify the cart, to match the customer card, and share the data

Cell-based GPS vehicle tracking:

Vehicle tracking success with satellite network is the most common types of GPS softwaretracking. Satellite tracking is most common the Cell-based vehicle tracking. This tracking system used a device to catch the data from the vehicle and records the data by using cell towers. Cell-based vehicle tracking cost is less and reports faster compare to satellite tracking. To call the drivers and ask their location in order to update the customers.

Satellite-based GPS vehicle tracking:

Satellite-based tracking is used when the cell-based tracking is not available. Some areas cell towers are not available at that time satellite-based tracking to solve the problem. Through the satellite networks, a business can get update the remote locations. Satellite trackers provided continuous updates and were used by drivers to call for help when their cell phones didn’t work.

Cellular-based tracking:

Some Industry and business sectors using cell phones as a GPS software tracker. In this system cell phones must have the Internet to record and report its location. Some business doesn’t have to own their vehicle and depends on contractors with their vehicles. During business, period to install the app and activated. These companies were able to track the contractors.

Features of GPS based Vehicle Tracking System:

• Real-Time Tracking
• Trip History
• Alerts
• Anytime Anywhere Access
• Geo-Fencing
• Historical Reports and Dashboard Summary
• Easy to Use, User-Friendly Interface
• Access Control and User Management.
• Analytic
• Easy Installation

Five categories of GPS applications:

• Location - determining a position
• Navigation - getting from one location to another
• Tracking - monitoring object or personal movement
• Mapping - creating maps of the world
• Timing - bringing precise timing to the world

Role of Logistics Software and its Function

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Logistic software known as Logistic system.A business logistic system contains major three activities i.e.,order processing,inventory management,freight transportation.The flow of information in the logistic system and number of operations concerned with order processing.Customer order the product i.e., customer request to that product and they collect details of that customer and product.First they verified the status of customer along with that product is packed,deliver along with shipping.The total process is order processing

Business choose a inventory to maintain for different reasons including.Inventory management is a key in logistic system

• Increasing service level
• Minimizing the logistics costs
• Making items available throughout the year
• Inefficiencies managing the logistics system

Freight transportation is major role in present economy and impact on customer services.Transportation planning play as a major role in the logistics system .This transportation accounts for two-thirds of this system.A manufacture choose activities to transport its products/materials like Private,Public,Contract transportation.The logistics management system choose modes of transportation like ship,train,pipeline,truck etc.,

Advantages of using a Logistics System:

• It helps to capital reduction
• It reduces total cost of transportation.
• It helps to improve service level

Role of Logistics Management System:

Logistic software Management is a key element of supply chain process that facilities planning,implementation thereby reducing costs and vendor satisfaction.

Functional areas of Logistics Management:

• Inventory Planning and Management
• Warehousing
• Procurement of Goods and Services
• Packaging and Storage
• Transportation
• Customer service

Third party Logistics provider are business provides one or more third party logistics services:

• Freight Management
• Public/Contract Warehousing
• Distribution Management
• Freight Consolidation

Levels of outsourcing in Third party Logistics services:

Transactional Outsourcing:

Based on transactions ,Between third party Logistics services and Outsource company no longer duration contracts and no bonding.

Tactical Outsourcing:

Based on outsourcing long term with contracts and IT systems to facilitate free information flow and create supply chain visibility.

Strategic Outsourcing:

Based on long-term relationships with successful outcomes, third party logistics companies become partners in supply chain management and establish transactional transparency.

Following skills you should have to be a best Logistics Manager:

• Forward Thinking
• Strong Numerical and Analytical Skills
• Extensive Industry Knowledge
• Team player
• Keen attention to detail
• Sound Decision-making
• Adaptability
• Accountability
• Quick Follow-through
• Good Interpersonal Skills

Logistic software is the management of the flow of items between the point of source and point of destination of meet requirements of customers.The logistics can be managed and include items like as food, materials,products,and liquids,The logistics items include the flow of integration information ,materials,package,products,transportation and security.

Modules of HRMS

HRMS-Human Resources Management System

Human Resources Management System combines both number of systems and process that ensure the management of human resources, business, data process.This system storing the employee details, payroll process,process of data,and tracking the records.This system means storing,analyzing,distributing information to various holders.This system maintained each and every details of our business.

MODULES:

Recruitment:

This is first module of HRMS .This module should be balance of all your internal details of your business,authorizing process,online supporting documentation,tracking applicant.

RECRUITMENT MODULE:

• Different roles for customized pipelines
• Automated assessment processes
• Tracking applicant
• Resume Parsing
• Mobile app
• Social media interface
• Offer management

Onboarding:

This module guided through organization’s and induction procedures.This module process can advantage for automation ,reducing the burden on managers and there may be automated notifications to related department for problems such as building access,security etc.,This module also interface with performance and management modules.

Onboarding Module:

• Pre day preparation
• Easy set up of exact employee records
• Provision of information about the company and key personnel
• Automatic scheduling of meetings
• Compliance with legislative mandates
• Goal-setting for probationary period

Performance Management:

This Human Resources Management Systemmodule is automated process,objectives tracking and targets ,should not cooperated your job standards and other relevant standards.

Performance Management Module

• Setting and managing goals
• Links to competence framework
• Scheduling of appraisal meetings
• performance feedback
• Data gathering for a broader of individual performance
• Links to talent management and planning .

Benefits Administration:

Benefits management is all about providing timely information and managing employees to make the right choice for their circumstances. This module should manage and monitor employee benefits, healthcare and welfare packages, tracking and any financial implications.

Benefits Administration Module :

• Online enrollment
• Automated communication of enrolment options and information
• Plan comparison tool to aid employee choices and contributions breakdowns
• Automatic event management of the life cycle
• Legislative compliance for territory

Workforce Management:

This Module should support time and attendance and leave management . Real-time functionality involve links to other business systems such as ERP to same deployment to shiftings.

Workforce Management Module :

• Scheduling and shift management
• Workflow monitoring
• Management with real-time data

Time and attendance:

This module is one of the highest-standing HR automations ,the time clock. To avoid buddy punching and will directly to the workforce management module, with information to your payroll and accounting software

Time and Attendance Module:

• Employment attendance tracking
• Time clock management
• Biometric systems
• Functionality for remote and mobile workers
• Legislative compliance

Absence and leave management:

This Human Resources Management Systemmodule is linked to time and attendance and and workforce management functions, your leave management module is an automated way to allocate, approve, track and monitor any absence from the workplace. It may be for vacations, compassionate reasons, parental leave, even jury duty.

Absence and Leave Management Module

• Self-service requests
• Integration with workforce management and time and attendance functions
• Tracking accrued vacation time and usage.
• Analytics, including absence levels and trends.

Steps in Production Planning and Control and its Characteristics

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Production planning and control involves the organizations and planning of the manufacturing process.This production is implementing the plan and controlling the workflow of production.Production planning and control is a main problem of low productivity, inventory management and resource utilization.

Production planning is required for period, dispatch, inspection, quality of management, inventory management, supply management and equipment management. Production control ensures that production team can achieve required production target, optimum utilization of resources, quality management and cost savings.To ensure the quality of management and equipment management are available during the production times.

Steps:

ROUTING:

Routing is the one of the production plan.Routing process is deciding the route of work and operations.It is may be simple or complex.It depends on the production.In production it is automatic for job holder i.e., is very simple.

We have to focus the advance route.The quality and quantity of the product.WHo are to be used i.e, man ,machines like.Number and sequence of manufacturing plans and place of production.

The main purpose of this routing is find to the best path and cheapest sequences operations that should be followed by the industry.Routing gives method converting into raw-materials to goods.Routing main affected by human.

SCHEDULING:

It is one of the Production planning and control .Here mainly depending upon the time table.scheduling is mainly done for materials,machines etc.,It having some rules like to fix the work to do,In order to arrange the manufacturing operations based on priority,For each operation to fix the date and time.Majorly railways depending on the scheduling.Time is the major important in the scheduling.Mainly,where the products are produced in same time .

DISPATCHING:

Dispatching is one of the Production plan and control.It is action ,implementing stages.Dispatching means starting the process of production.It provides to start the work, and based on routing sheets and scheduling-sheets.

• Problem of materials ,tools etc., for actual production.
• Maintaining the records of each job.
• Starting the control procedure
• Recording the time of production

FOLLOW-UP:

Follow-up is last step ofProduction planning and control .It is controlling the device with evaluating the result.In the production process follow-up to determine the limitations,delay,defects etc.,It is determine the actual performances to compare the expected performances.It maintain the proper records of time,delay and it is used in future to control production.

CHARACTERISTICS:

• It is the planning and control of manufacturing process in an enterprise
• All types of inputs like materials, men, machines are efficiently used for maintaining efficiency of the manufacturing process
• Various factors of production are integrated to use them efficiently and economically.
• The manufacturing process is organized in such a way that none of the work centres is either overworked or under worked. The division of work is undertaken very carefully so that every available element is properly utilized
• The work is regulated from the first stage of procuring raw materials to the stage of finished goods.

The contract Management system is the contact management between two companies, or employees, vendors, business partners. To build the relationship between companies or partners. This system everyone follow in all types of industries. It supports the vendors covers any process of contract and creates the data of the contract. This system requires an each and every step understand the contract process, including the, contributes, creates the contract the data. This system is most important in all type of industry and changes the business world.

The contact management system is perfectly handled, it includes self-service portals, legal playbooks, signature. To maintain this system is to difficult and not easy to handle.

Stages of Contract Management System:

REQUEST:

Contract Management system process, need to business Legal for a contract service agreement, standard licensing agreement. This system offers filing cabinet, shared server with no need to create consistent contracts so contracts are leading to potential financial and compliance risks

GENERATE:

In this system generate stage is rarely occurs Every contract person get involved in a legal.

NEGOTIATE:

In this system which type of terms and conditions are involved in the final contract.

APPROVAL:

Contracts are approved by sales are pushing for contract terms but it depends on the size of the contract and signed by legal, executives all of the vendors.

EXECUTE:

In this stages, Contracts are set into effect and often stored in filing cabinets where they are difficult to find

RESEARCH:

Contracts are not easily found and report can’t be run because contracts are not located in the cabinet.

COMPLY:

In this stage, contractors need to finish the work within the agreement. If they did not complete the work to lose their system names. They don’t take an extra period to finish the work.

REVIEW:

To complete the contract within agreement then only to increase over the review of this system.

Benefits of Contract Management System:

• Contract cycle time decrease
• More deals
• Revenue Leakage stop
• Visibility Increased
• Control and security increased

PROCESS OF CONTRACT MANAGEMENT SYSTEM:

• Consolidation
• Task automation
• Process efficiency
• Contract Performances

The contract Management system canbe used to manage the contact request,c apture the data related contract.B ased on this system we can improve our business and relations in the market.A ll types of industries are supported bythis system.Contract works are provides secure and easy to use this management system.Contract tells every aspects of key business strategies and relationships.Contract management is most important for government and as well as private partners.

Contractors always comparison to other systems of contractors either in requirement ,clear of statements,and products.They should be more care for about this management.This management system managing and storing the legal agreements.Contract Management system give business control,collaborate into the entire life cycle of contract system.This system having a lot of problems we should face that or solve that.

Preventive Maintenance Plan and its Types

Preventive Maintenance Plan is the maintenance is performed on parts of equipment while it is failing .when it is performed up to equipment working while it is not suddenly broken down. Preventive maintenance planning without the help of CMMS(Computerized maintenance management system ) software can be a huge challenge. Since Preventive Maintenance is triggered after a kind amount of time, it is very tough to track that data normally, especially when we are dealing with many pieces of critical equipment/big equipment. Maintenance software allows you to set Preventive Maintenance according to the triggers that are appropriate for each piece of equipment. Once the triggers occur, a work order will be created.

Types of the preventive maintenance plan:

Time-Based Maintenance (TBM):

Time-Based Maintenance is the type of preventive maintenance and it refers to keeping a product to restore its capacity at a constant time, the period of its condition. The main purpose of this system is to protect the equipment from damaged parts. This system assumes that equipment failure is related and total life of the equipment can find it. The effort to assess the condition and a time-based replacement are more economical and still effective.

Failure Finding Maintenance (FFM):

This is another type of maintenance. The purpose when the equipment has been related to the failure section at that time only is working.In operating conditions we can’t find the equipment is working is it is the failure.

Risk-Based Maintenance (RBM):

Risk-Based Maintenance is more effectvily in Preventive Maintenance PlanWhen the activities is continuously at that time frequency and scope of the maintenance is optimized based on the findings from testing or inspection and a thorough risk assessment. Risk-Based Maintenance would be Risk Based Inspection as applied to equipment like vessels and piping.

Condition Based Maintenance (CBM):

Most of the pieces of equipment in failure situation it gives some warning sounds then still it is working process. If anyone can find that warning we can easily prevent that warning or completely avoiding that warning we can protect our equipment. This system looks for physical evidence of that failure condition. This system showing the interior failure parts warning even though it is in operating conditions.

Advantages of Preventive Maintenance:

Preventive Maintenance Plan is the major advantage of its program over fewer strategies. They are not planned, reactive maintenance has many costs should be removed during the process planning. The cost of failure types of equipment, and its parts of that cost is very high while equipment is not working also.compare to normal types of equipment cost is less than the failure equipment cost. Then we have to do precisely the equipment cost.

Equipment can be suddenly down to coincide with operation time. shutdown, any required parts, supplies can be together to minimize the time taken for a repair that part. These processes minimize the total cost of the maintenance. Safety is also improved because equipment parts break down less often than in less complex strategies.

Benefits of Preventive Maintenance Plan

• Lower Your Maintenance Costs
• Improve Useful Equipment Life
• Increased Productivity
• Increase Residual Values
• Enhance Facility Safety

Features and Benefits of HRMS

HRMS Human Resource Management Software

In Modern business use HRMS system to assist with managing the employees and keeping the information orderly with that HR procedure that allows for better planning,budget management and decision making . we can simplify and optimizing HR management software in evolving ways.This software solution tells that work fine with your business's operations,you can manage the company talent and keeping the employee's productivity.

HR Managers require a vendor Human Resource software that can perform several tasks and activities . They require custom portal to modern-day challenges faced in business operations.All Most all companies use HR management system to serve their employees, managers and vendors,customer.Use it for information sharing, payments, training and various other tasks. An HR software has many modules to improve efficiency of your business.

For large businesses, it is impossible to manage thousands of employees, customers and finances manually. They require custom HR software to best efficiency and automate their routine tasks.HRMS system can become a best in managing and business challenges. Its features can reduce errors and help the recruitment industry with analysis.

Challenges business face in HR operations:

• Finance
• Mobility
• Performances
• Self-serve dashboard
• Recruitment
• Vendor

Features of HRMS:

• Employee Self-serve
• Payroll Management
• Document Management
• Responsive Web portal
• Real-time Mobile Application (iOS/ Android)
• Recruitment life-cycle management
• Attendance and Leave Management
• Unified Central Dashboard
• User Access Control
• Claims and Expense Management

Benefits of HRMS:

A management and control is the most priority for every enterprise. AHuman resource management system must slick and automate processes. A customer can select between many top benefits of Human Resources Management System to enhance their software.An HR Management System should complexities in managing HR operations and contain all vital elements of workforce management. The purpose of an HRMS is to pass on top benefits for any enterprise with automation and reducing data redundancy.

Improved Communication:

Information details and sharing are important for employees and management. An HR Management system provides early information management, training material and policy documents to make informed decisions. This will good result in fast communication within groups and departments to coordinate for better planning of tasks and operations

Greater scalability:

Businesses often require fast scaling of their operations as they are derived from market conditions/situations. HR solutions add better flexibility in integration with legacy systems and adapt to changing business point. It also cuts down on time taken to contract HR operations ensuring cost and time savings.

Going paperless:

Human resource management system allows storage of documents, data and important files. They can be Identity, compliance documents, resumes or any other policy related documents. It allows a business to keep and maintain entire HR management digitally with transparency.

Deep Analysis:

An HRMS enables of data at every level. It creates a platform to workflow, requirements and future requirements. This helps with improved business decisions and planning for all employees and managers. The HR portal reduces overall life-cycle for recruitment, and appraisals

Employee satisfaction:

An Human resource management system has built-in performance management, and leave management that evaluates employees based on their performance throughout a period. This chances of fudging and helps in transparent appraisals. By reducing the time taken for performance evaluation, a faster rollout and processing of payroll will mean increased employee satisfaction.