Book Review
It pays to be pliable
WHILE some old schools of thought still believe that rigidity is a virtue in the professional aspects of managing an organisation, it is becoming more and more imperative that flexibility cannot be given the go by. Philosophically, flexibility can be con sidered as the extreme polar end of the continuum.

A package that serves
ENTERPRISE RESOURCE PLANNING (ERP) is a means of real time integration of a business process prevailing in any enterprise mapped to the system so as to effectively manage the resources and improve the efficiency of the enterprise. The concept of ERP has evolved from MRP (Material Resource Planning) in the mid-70s which brought in the production management and planning. With the advancement of technology it has become easy to have an ERP package designed to model and automate all the processes of a compa ny from finance to the shop floor, customer to inventory and across the companies. The idea behind such an integration is to have an effective management information system at real time.

Financial and Consultancy Services
Issues in International Trade Ed by V.L. Rao and Jan ter Wengel

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