Earlier days there were some corporate companies and most of the people worked within those companies, but these days the situation is totally different because the number of educated people have increased and most of them willing to open their own companies rather than working under another corporate sector. If we ask whether this change is good for corporate field, the answer can be either way, because we have to appreciate them to do a business by their own that helps to improve their business skills, but it can cause some issues such as lack of labors and the prices of human resource will get high.
There are two types of businesses in the corporate world one is, service based businesses such as, lawyers, doctors and teachers. Another type is manufacture based businesses such as good manufacturing companies. Service based companies fully rely on human resources and services but the good manufacturing companies fully based on capital, stocks and labors etc. here we can see that good manufacturing companies have so many risks and hard tasks than service based companies. It is because they have so many internal manufacturing processes which are really hard to control by human being. However there are so many advanced technologies which help them to do this works in an easy way. Like when it comes to manufacturing machines, packing machines, other electronically equipment such as barcode reader and advanced software which can design, manufactures, distribute and control the entire manufacturing process such as manufacturing inventory software, routing software and production management software etc. These advance technologies replace the need of labors in a company.
Also when the computer and the network system introduced to our companies all the works of the manufacturing process can be controlled by us and we can do the entire packing, storage and distributions by sitting in one place. For example the transport logistic software helps us to contact local and international freight, warehouse services, distribution and courier services etc. If we try to do these all manually then we need at least 10 employees but this software can be good alternative for them.
We’re living in a corporate world which only considers making money. Most of these corporate sectors’ goal is to earn high profit and to do that they have to fight with their competitors who work in the same field. To maintain our standards and status in the corporate world we have to adopt these new techniques in our business process which can help us to achieve our goals.