As with every facet of modern business, manufacturing is not an exception when it comes to the digital revolution. Hard to imagine? SAP Malaysia managing director Terrence Yong certainly doesn’t think so.
“Imagine a factory floor with no operators in sight, machines automatically receiving orders, robotics shifting products from one machine to the next, and even machines performing self-diagnosis and predicting failures. Best of all, the final delivery of a unique, customized product based on one’s specifications,” Yong tells Malaysian Business.
RESTON, Va., Feb 28 - More than half of graduate business school alumni are currently employed in an industry or job function they did not have experience in prior to entering business school, according to a report released today by the Graduate Management Admission Council (GMAC), a nonprofit organisation of leading graduate business schools.
Findings from the Council’s 2017 Alumni Perspectives Survey show that 2 in 5 (39 percent) alumni currently work in an industry they hadn’t considered prior to starting business school; they learned of the opportunity while enrolled in a graduate business program, with 88 percent sharing that they are satisfied with their job and employer.
Let us imagine what the world was like 20 years ago. Online shopping was not the norm amongst consumers. If they needed to buy something, they head to the shop. It was simple like that, until teleshopping emerged. Even then, teleshopping was not something that was easy – it was riddled with endless TV advertisements, the hassle of having to call in to a hotline, the wait to put in an order, and the horror of them all – the payment, which had to be done through bank transfer.
It is of no wonder that teleshopping never really resonated with Malaysians; after all, it was not a cheap affair as most of the products were brought in from abroad, thus incurring great shipping and other third party costs.