Global Inventory Management

 Global Inventory Management

Inventories are all items that are listed under merchandise which is used by consumers based on their needs and wants. This inventory will be finished goods for some, work in progress for some and raw materials for some.

Treating our World as one big enterprise and all nations in all continents are networked to this global enterprise. The balancing of equation between Economics and Science & Technology keeps the global enterprise active 24x7.

Nations as a networked unit of the Global Enterprise can use the Inventory on global scale and at the same time also design their own inventory needs indigenously customized. The science of agriculture is one such customized inventory designed and used by nations to keep their independent economic functions active.

Field of medicine has both the regional inventory and the global inventory. Nation like India has their own pharmaceutical inventory in the form of science of Ayurveda and science of Siddha medicine.  Allopathic medicines are the Global Inventory used by all nations based on their needs and wants.

Focus is more on the Global Inventories because of their power of impact on economics of all nations. All nations networked in the Global Enterprise are part of the “Supply Chain Management’. The Supply Chain Management of Global Inventories are neatly planned and executed without any ambiguity.

The Global Inventories keep coming up in a phased manner. Some of the inventories stay for a long period and few others become obsolete and disappear from the inventory list. Few inventories that became obsolete and disappeared were the Radio sets, Typewriters, Telephones, Magnetic Tapes, Floppy Discs, CDs and CD players and Pagers. Few more Global Inventories kept their life intact by adapting to new technologies like in the automobile sectors, telecommunications, health industry, entertainment and household articles.

Who plans these Global Inventories? Are they instantaneous developments from a spark in mind? Are they pre-planned and experimented in R&D centers? Interestingly these inventories follow both the First-In First-Out and the First-in and Last-Out methods. Strangely, these Global Inventories do not suffer a decaying period in shelves unutilized. When a new Global Inventory is planned the old ones are silently removed. Some nation’s pick these removed old Global Inventories and try to generate indigenous inventories to meet their customized needs.

By now it is clear that the Global Enterprise plans its inventories for global market in a neat manner. How does this happen? It cannot be a spontaneous global event for inventory generation. In fact, things do not happen that way in a network of nations with imbalanced economic strength. Where is the planning of Global Inventories happening? How are they triggering global demands and pushing the newly developed inventories? One such Global Inventory developed and simply pushed into the global markets is the technology of Artificial Intelligence. It is for time to decide whether this Global Inventory of AI to stay for long or simple become another obsolete inventory.

Dominating 1.5 Factor

 Dominating 1.5 Factor

Energy is consumed in all activities. Humans use energy in everyday for many activities. Energy drives activities. Energy in discussion is the electrical energy used in human society for various activities. Energy for electricity can be produced from fossil fuels like the coal, crude oil and natural gas. Another way of producing electrical energy is from natural resources like the solar energy, wind energy, hydropower, biomass and tidal waves.

Fossil fuel has created distress in the balance of economic power among nations due to its uneven distribution. The transition in society to abandon fossil fuel and move to usage of natural resources will make all nations equal in economic power.

Energy is consumed in one form or another in producing all goods available in markets. In a store with many unsold products in their shelves will simply mean that energy consumed is stored unused. Care needs to be taken in producing goods to set a balance based on demand and supply. Excessively produced goods only reflect wastage of energy and unutilized energy.

Energy is a product of power and time. With power measured in watt and time in hours, one unit of electrical energy is measured as one kilowatt hour [kWh]. One kilowatt hour is 1000 watt hour. One kg of LPG used is equivalent to 1kWh of energy and 1 liter of petrol or diesel is equivalent to 13kWh of energy. The unit to measure consumption of energy of a nation is TOE [Tonnes of Oil Equivalent] where one TOE is equal to 11630 units of electrical energy.

One issue that has knocked the doors of all nations is the Climate change and this has made Carbon the core, thus the issue now is Carbon. The total quantum of Green House Gases [Carbon dioxide CO₂, Methane and Nitrous oxide] produced and emitted into the atmosphere resulting due to activities is Carbon Footprint.

One unit of electricity consumed result in pushing one kg of CO₂ into the atmosphere. One liter of petrol or diesel consumed pushes 3 kgs of CO₂ and one kilo of LPG consumed pushes 3 kgs of CO₂ into the atmosphere. Carbon dioxide stays for many years in the atmosphere causing distress to atmosphere and these causes’ change in climatic conditions.

Based on the global average surface warming the climate threshold is kept at 1.5 degree Celsius above pre-industrial temperatures. Once 1.5 degree Celsius of climate threshold is crossed then climate change factors become irreversible, and consequence thereof will be severe. All nations have started to feel the level of climatic distress through unprecedented rains, floods, hurricanes, forest fire and rise in sea level.

All Governments are taking relentless measures to tackle this climate change issues. Governments have to put in attractive policies to ensure global preparedness to drift away from the 1.5 degree Celsius for good.

It looks like the activities of discontinuing production of small cars, fast paced development in Artificial Intelligence, replacing humans with automated technologies, organic farming methods, shifting to vegetarian food, digital learning, reducing use of paper, population control measures are part of the climate change program to stay safely far away from the 1.5 factor.

The Human Switch

 The Human Switch

It is time to wake up before things get tightened around us. The more we use technology the better life will be. But any technology that turns out to harm life should be discarded at the first instance.

There are two ways of looking at technology when it comes to life. One is to use technology as a tool to live a good life and the other is to simple surrender our lives to technology. In the first case life gets better and better as technology improves with all finer qualities. But in the second case technology plays the role of a spoiler.

Commerce is a business of buying and selling products and services. Technology brings in more flexibility with low-cost options to enhance the art of commerce. But when the same technology turns in to extinguish the foundation of commerce everything around us change.

An existing market can be refined with better standards; markets can be enhanced with healthy supportive tools, markets can be expanded beyond boundaries but when market starts to shrink, when existing markets start to disappear then all factors that depend on these markets suffer.

The rate of change of market conditions and the rate of change of adaptability should get synchronized. If markets, go too advanced giving lesser time for people to adapt will cause fear and distress. People adapt to something and not to nothing. This something should undergo change in a systematically paced manner.

The sudden boom in the implementation and usage of AI tools is too fast and it is way ahead of people who are left behind in adapting to its presence. A mere downloadable presence of an APP in the mobiles does not guarantee that people have adapted and synced with the technology. It is time to distinguish what is essential and what is not essential and for this exercise the economic affordability plays a key role.

To buy a product or service one has to pay for it. If no ready money is available someone lends and push them to buy it through many media campaigns. By purchasing products and services through borrowings we gain the title of ownership and lose to the title of borrower. When we buy a product with available money, we just switch the title of ownership and stay away from gaining the title of a borrower.

All Apps either free or meant to be free with hidden charges are after something in you. It is time to wake up. Use technology only when it is needed. Anything available free is simply taking something precious out of you unknowingly. If any technology is going to change your living conditions use it, if it is going to challenge your living conditions then discard it.

Did you know that when you sleep everything also sleep without disturbing you. To connect and not to connect is the switch we need to use when it comes to technology. There are still lots of people living happily untouched by technology. Out there are lots of living creatures that live a happy life without using technology. Control technology and do not get controlled by technology.

An End to Begin

 An End to Begin

This world has seen more projects more than the number of Civilizations. Some projects get initiated and some simple die in thoughts.

A project gets momentum to progress and move to next stage if it is acceptable to all involved in some way or another. There are many projects which start with an anticipated result but end up totally differently.  

There are some projects aimed to change the prevailing conditions for a good future but struggles all along in its implementation. It gives some scope to make an initial judgment before even switching on a project.

Agriculture was a project-initiated thousands of years before and even today it has survived because it addresses the core issues of life and living. This is one project that never had caused any damaging outcomes.

Nuclear energy was a project to get quick and abundant energy, but it found other paths which simple can put the world at risk at the press of a button. The governments are working on Treaty on the Non-Proliferation of nuclear weapons. 

Automobile was a project initiated for swift and speedy transportation, but its fuel dependency has tilted not only many economies but contributed to climate change. Huge amounts are spent to switch from fuel to electric technology and it is simply not happening in short time.

Biotech projects initiated with good intentions similar to the nuclear project has seen many out of boundary accidental outcomes. It is time to announce a new treaty on Non-proliferation of Bio Negligence.

Satellite projects, Space projects, Telecommunication projects, Artificial Intelligence Projects and many more are easily started and also see commercial gains quickly. But when uncontrollable events of harm set in a whole lot of time and energy is spent on correction measures.

In the present days of globalization era any new project initiated by a country simply does not stay within that country, it rapidly moves into other countries too.  When this be the reality then even before any new project is initiated by any nation it will be wise to have it go through a process of a complete analysis on its results and all possible outcomes for an international acceptance through a proper forum.

Any project designed and planned will be touching societies and people. It is wise to put an end to the beginning of any project if that project is bound to harvest undesirable results.