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CAT | Business

Nov/09

24

Improved financial position by Sam Foti

Sam Foti started working in MONY group Inc in 1998 as National Director of Agency Operations and got promoted to Executive vice president and then soon to the highest position of president and the chief operating officer.  Samuel J. Foti proved his abilities and capabilities very soon by adopting and devising successful strategies and working to improve the profitability and financial conditions of the company.

To ensure the success of the company,  Samuel Foti designed and implemented various effective strategies. He upgraded the management of equity real estate portfolio and reduced taking mortgage loans for relocating the company’s investment portfolio. The subsidiaries and divisions which were not adding value to the company’s success were sold off and the staff was involved in training and development activities to maintain the success and improve the financial, sales and operations function of the company. He was the main player in making the company become a publicly owned firm and diversified the products and services offered by the company. He also devised various successful and effective strategies which helped the firm achieve success and become well known in the industry.

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Oct/09

12

Automation Comes to Super Markets:

It is a cyber world. Everything is based on automation. So why should it be a surprise if one day a business as simple as an ordinary supermarket worked on automation? Certainly it would be less tedious for shopkeepers so stock up the aisles if they do not have t make numerous trips back to the store room for reimbursements.  Imagine a scenario where the aisle manager walks around the aisle stocking items without making trips back to the store room. It would be less time consuming, and there would be no waiting queue during rush hours.

This concept is not so far away in the future.  Companies like Cornerstone automation systems (CASI) have made tremendous advancements in conveyor systems . it can easily be said that there are conveyors for every possible business even super markets. The vast industrial conveyor range has a product TGW-Ermanco Pick Zone Module Conveyor with a pick or pass zone picking solution. It consists of a line-shaft-driven induction conveyor which accomplishes container separation and metering for scanning, the transfer, adjacent receiving conveyor, and powered take-away conveyor parallel to the induction conveyor.  The products are transferred from a main-line conveyor into predetermined picking zones adjacent and parallel to the main line. It is reliable and great value for money when saving time and human resource.

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