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Showing posts from December, 2017

WEEK 14

This week will be the very last week for my semester 6. Today, for FSM4401, we learnt supply chain management (SCM). From that, I get to know that the elements in supply chain can be categorized into upstream and downstream. Orders, information, payments and returns are of upstream while products, services and information are grouped under downstream. Vertical integration is introduced by Dr in class. It has few definition but here, in terms of management and business, it is said as by combining all the suppliers, work can be done effectively. On the other word, it is said to be strategy applied to control all the suppliers, thereby targeted outcome can be achieved easier. Then, we were told that there are total 3 flows in supply chain, known as material flows, information flows and financial flows. These are of the key components as supply chain will not be able to work or function without any of the flow. Our class is continued with the importance of building up a well-s...

WEEK 13

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We have no lecture class and lab session in UPM this week. Instead, we went to KLCC Convection Centre for GEC (Global Entrepreneurship Community) Summit 2017 . Early in the morning, all of us gathered in front of the parking lot near our faculty. This is only the second field trip that we went on in this semester. Thus, definitely all of us are so eager and excited to attend that! We were told to go and get ourselves register right after we reached KLCC Convention Centre. After receiving briefing from Dr, we straight away went up to the discussion rooms to join the lab session. The one I joined is about E-commerce. Basically, the talk is on how to keep a company, especially the newly formed company to go through series of challenges. The speaker is founder of Rockstart and his name is Oscar Kneppers. He's such a successful entrepreneur and we can know that easily from the way he conducted the lab session. Through his talk, we know that efforts have to be put in to build up...