Megatrends

A single person can’t make a megatrend, but can do innovate or invent something. When invention or innovation is followed by a large group of people for a long time, it becomes a megatrend.

For example, the use of Internet is a megatrend and so is the use of Facebook. A single person developed the Internet & Facebook. Internet is a megatrend because people around the world use it. It’s because Internet is useful, accessible, and reliable for every person on the planet earth.

Talking about Facebook, it became a megatrend because people started getting what they never expected. It became a part of the culture to talk with people who lived in another country but not with people who sat beside him/her. People talk on Facebook using Internet. Facebook is completely dependent on the trend of Internet. This is what innovation is. One trend leads to another.

Megatrends last for 7- 10 years or more than that.

When does a megatrends end?

In my opinion, a megatrend ends when people’s wants are changed or some other innovation/invention overtakes the previous innovation/invention. Scientists have discovered that “people can communicate with other people who live in another country without using any website like Facebook.” If this discovery becomes successful and viral in the world, then I think people will become less dependent on social networking sites.

Use of google will end if all data were in a single 4mm2 chip that is integrated in every device (mobiles, computer) as default.

To conclude, we can set a megatrend by providing facility/innovation/invention/discovery to global long-term needs.

This article is proofread by: Grammarcut

Written by: Bimal Jaiswal

Bimal’s Blog is my own blog.

 

 

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Logistics Engineering

Since I am from Nepal, which inhabits 30 million people, I feel so sad when my friends don’t get a good impression when I tell them I study Logistics. None of my friends or friends’ friends has studied it. They don’t have any idea what it is about. Whenever they ask, I have to ask them to “check Wikipedia please”, which is kind of weird because I, myself take the help of Wikipedia to make someone understand what logistics is about, although I am a student of logistics engineering. That’s why I’ve decided to write something informative about logistics.

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At first, I was also not so sure about it, but as I started studying logistics, I felt it was also a very important field to know about. It is not lower than any other field of engineering. Logistics engineering and a degree in logistics are a little bit different from each other.

Logistics is about management of goods or services from producer to consumer, whereas logistics engineering is the scientific study of logistics. In other words, Logistics Engineering is a systematic way of managing the flow of products or services from the manufacturer to the end user. That’s why, as a student of logistics engineering, I have to study physics, chemistry, Math, mechanics, statics, AutoCAD, and Technical drawing, but logistics deals with transportation, purchasing, warehousing, Material handling, production and manufacturing, supply chain management, and information system.

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Transportation: It doesn’t mean we are going to be truck drivers, but we are professionals who will make decisions regarding the choice of transportation and vehicles. It means that we know which mode of transportation (roadway, airway, railway, waterway, pipe way) is suitable for which item, in terms of cost, security, management, and time.

Warehousing: Warehouse is a house we keep our stock for a certain period of time. The fact that we know about warehousing doesn’t mean we are going to be the workers whose work is to only replace goods inside the warehouse. Our work is to make decisions regarding which items should be keep in stock and how much of an item to buy, whether it is cheap or expensive to keep it in stock, how to keep all those inventory for a long period of time without any wastage.

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Talking about history, profession of Logistics started in 350 BC, in Bronze Age and the first logistician was Pythagoras. It isn’t a new field but the world realised its importance in the 19th century. Now the expenditure on only logistics operations in the EU itself is more than 3 trillion dollars, and in the US, it is more than 1.33 trillion dollars.

Talking about the value of logistics in a country like Nepal – the drink Coca-Cola that we drink all the time – the main liquid is only produced in the US but is distributed around the world without any delay or running out of stock. It is only possible due to the knowledge of logistics. The cost of that drink is not even Rs. 3, but when it comes in our hand, it costs Rs. 30. In some parts of Nepal, it costs more than that. Why the cost is so high, although the main drink is so cheap, is because of lack of knowledge in the field of logistics and the lack of infrastructure for better logistics. Don’t think that if there is no infrastructure, then it doesn’t mean there isn’t any scope for logistics, because there is. There is a scope because if there is no infrastructure, logistics operation can still be possible with the utilization of local facilities, like using mull or ass for transportation. This is the way our forefathers did it in the 19th century.

Another example: when the most incredibly horrible disaster – the earthquake that occurred on 25th April happened in my country, Nepal, there was no food provided by the UN to the victims of the earthquake in Kathmandu and the nearby area. Most of the local people complained that the UN had donated rotten food, but I don’t think that such a prestigious and honourable organisation like the UN would provide rotten food to earthquake victims. One possibility might be that it got rotten due to the lack of logistics information on how to keep those food items fresh in those environmental conditions for a longer period of time or how to use those types of resources knowing the present demand and consumption rate or how to deliver food items to remote areas where the delivery could take hours. These are the reasons why I request the government of Nepal to give a little knowledge of Logistics to all the engineers by offering a compulsory logistics course.

Logistics is the backbone of every business in order to sustain in the market or to be competitive. 50% of the competitiveness of companies comes from logistics operations. It is very important to every company – from small to large. At last, although the earth is moving due to gravitation, the world is moving due to logistics.

This article is proofread by: Grammarcut

Written by: Bimal Jaiswal

Bimal’s Blog is my own blog.

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