Management Presented below are live cases of Financial Supply Chain Management where Axis Bank helped Corporate improve their turnaround time of service delivery as bankable as save cost. Since this information is not public published it is requested that this is used for academic purpose only. Company Name: Jayvee Cement Segment – Manufacturing Product Offered: Counter Collection, Banker Cool Go live: June 2010 Case Study: No 1 Requirement Jayvee Group Is a bankable diversified Infrastructural Industrial conglomerate In India.
It Is involved in business of Engineering & Construction, Cement, Banker, Hospitality, Real Estate, Expressway & Highways. The Cement division works on Dealer vendor Module where the goods are supplied from regional depots based on the payment received from the dealers. The dispatch of goods is purely dependent on the MIS confirming payment from the dealers. Following Is model under which the structure of company Is based ROOM DUMP Dealers are the sales point for products of the company; the company required a solution to provide a faster supply arrangement for goods from Dumps to Dealers.
It used to book orders from dealers through telephone or fax and email. Then it used to advise Its dealers to go to Its collection centers at dumps to deposit cash or Odds. At day end the cashier used to deposit the money collected Into company’s bank account with SIB. Cashier used to issue temporary acknowledgement slip to dealer and used to update internal software with payment details. The next day when clear funds banker credited to the bank account, cashier used to download the statement from internet banking platform and manually updated the payment received or ailed against each order In the Internal software.
Those orders against which payment was received the Internal system used to send email or call was made to the dealer to seen trucks to collect goods. I en wangle process was Eng 4-5 cays to release goods to dealers and was leading to dissatisfaction as bankable as the company was being susceptible to competition as products couldn’t be supplied as per market demand. Keeping in view of the above structure following banker the broad solution suggested to the company Solution 1 . Convert all payments to the company from cash and cheeses to electronic payment mode. Use cheapest electronic modes like National electronic Fund Transfer (NEFF) and Real time gross settlement (ARTS) systems. 3. For dealers who still wanted to make payment in cash or cheese they could do the same at any of the bank counters and receive an acknowledge slip. Maintaining location wise dealer data of the company at banks end. Validating all the cash, cheese.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.