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Choose A Home Loan EMI Calculator To Get All Your Doubts Sorted

When people plan to buy a home, they start looking for answers to a number of questions. While experts can offer the right answers, they tend to be complicated at times. Right at the beginning, most borrowers want answers that are clear and easy enough to help them understand. Keeping in mind that your dream house and relevant home loan are both important financial and personal decisions, it is important to find the right point to start at. The best solution here is to settle for a good EMI calculator for home loan .

When you start looking for a house, it is likely that you will use realtor websites to identify potentially desirable properties. The smart step is to start looking for properties within your budget. Your credit score and repayment ability will help you to negotiate the lowest interest rates possible, once you have settled on the right loan. It would be wise to work within measurable parameters, which can be calculated using a home loan EMI calculator. An important feature of this online financial tool is that it allows you to calculate your tentative EMI payments, which should ideally be less than 30 percent of your income. With a basic calculation in place, it should be possible for you to set the upper limit on the price for your dream home. Once you have identified this number, it becomes easier to identify different properties within a set range.

Whether you search for property based on price or locality, an ideal home loan calculator will help you to sort out whether you can buy a duplex or a 1BHK. While going through the list of localities, price and the number of rooms, you can also use the search engine option from several real estate portals to identify the most suitable option quickly and easily. There are limitations to a home loan EMI calculator, though. While most people want to identify the best housing finance, the process is a complicated one. Irrespective of which home loan you may ultimately choose, it is not really possible to calculate the exact down payment, stamp duty and processing charges using an EMI calculator. However, you can use the same to test all the possible interest rates on the principal amount, which is a good place to start from. Once you have a list of potential financial partners like nationalized banks or private housing companies in place, this rate test can help you to narrow down your choices.

While a home loan calculator might not be able to give you accurate, copious amounts of information, you may still be able to find different kinds of benefits from it. The primary function of this tool is to make it easier and quicker to understand your EMIs, ratio of the principal amount and interest. This tool simplifies the calculations to aid your home purchase, which can be used to understand the nuances of this process better and faster. Look at the details of the selected home loan thoroughly before making a decision.

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What is the Complete Overview of Supply Chain Management?

Supply chain management (SCM) is the broad range of activities required to plan, control, and execute from materials to production for delivery in potentially the most economical way.

SCM incorporates integrated planning and implementation of the processes needed to optimize the flow of materials, information and capital into functions that include demand planning, sourcing, production, inventory management and logistics – or storage and transportation. Companies use both business strategy and specialized software in these efforts to create a competitive advantage.

Supply chain management is a broad and complex undertaking that depends on each partner – from suppliers to manufacturers and beyond – to run well. Because of this, effective supply chain management also requires change management, collaboration and risk management to create alignment and communication among all participants.

In addition, supply chain sustainability – which covers environmental, social and legal issues in addition to sustainable procurement and a closely related concept of corporate social responsibility – that evaluate a company’s impact on the environment and social welfare – of today’s companies Areas of major concern for.

Benefits of supply chain management

There are a number of benefits of Supply Chain Management. Listed below:

Lower Inventories
Lower Costs
Higher Productivity
Greater Agility
Higher profits
Increased Collaboration
Higher Revenues
Shorter Lead Times
Greater Customer Loyalty
Increased Customer Service
Enables Companies to Better Manage Demand
Deal with Disruptions
Keep costs to a minimum and meet customer demand in the most effective way.
These SCM benefits are achieved through effective strategy and choosing the appropriate software to manage the increasing complexity of today’s supply chain.

What is the process of Supply chain management?

“Supply chain management is the process of transporting products from raw materials to the consumer that includes product planning, demand planning, supply planning, sales and operations planning, and supply management.”

The supply chain management process is made up of four important parts: 1. Demand Management, 2. supply management, 3. Sales and operations planning and 4. Product Management.

Demand Management
Demand management consists of three main parts: Demand Planning, Merchandise Planning and Business Promotion Planning.

Demand planning is the process of seeking to ensure that products are delivered in a reliable manner. Effective demand planning can improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in demand, and increase profitability for a particular channel or product.
Merchandise planning is a systematic approach to streamlining investment on purchases, buying and sales, to maximize investment (ROI), as well as providing markets at locations, times, prices, and quantities.
Business promotion plans are a marketing technique to increase demand for products in retail outlets based on special pricing, performance fixtures, display, value-added bonuses, no-obligation gifts and other promotions. Trade promotions help drive short-term consumer demand for products typically sold in retail environments.
Supply management
Supply management is consists of five main areas: 1. Supply Planning, 2. Production Planning, 3. Inventory Planning, 4. Capacity Planning and 5. Distribution Planning.

The supply plan determines how to meet the requirements created by the demand plan. The objective is to balance supply and demand in a way that achieves the financial and service objectives of the enterprise.
Production planning plays a key role in addresses the production and manufacturing modules within a company. It considers the resource allocation of employees, production capacity and materials.
Inventory planning determines the optimal amount and time of inventory to align with sales and production needs.

Capacity planning determines the production staff and equipment required to meet the demand for products.
The distribution planning oversees the movement of goods from a manufacturer or supplier to the point of sale. Distribution management is an overlapping term that refers to processes such as packaging, warehousing, inventory, supply chain and logistics.
Sales and operations planning
Sales and Operations Planning is a monthly integrated business management process that empowers leadership to focus on key supply chain drivers including sales, marketing, inventory management, demand management, production and new product introductions.

The aims of Sales and operations planning are to enable executives to make better-informed decisions through a dynamic connection to plans and strategies throughout the business. Often repeated on a monthly basis, Sales and operations planning enables effective supply chain management and focuses on delivering the resources of an organization that their customers need while remaining profitable.

Product Management
Product management is a process from product idea creation to market introduction. Create an idea for a product and follow it until the product is introduced to the market. A company should have an exit strategy for its product when it reaches the end of its profitable life or if the product does not sell well.

Product management includes: New Product Introduction, Cannibalism scheme, End of life planning, Commercialization and ramp planning, Contribution margin analysis, portfolio management, Brand and Platform Planning

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What Is So Special About Organic Towels? Top 5 Organic Cotton Towels For You!

This topic is for those who believe in using products that are environmental friendly and buy products, keeping this thing in mind.

Today we will discuss some of the best organic towels that are great for your skin and environment as well. If you are someone who makes choices based on your overall health, and you will surely like the idea of organic towels.

And now it’s time to understand that what is so special about these organic towels, and what is so different about these towels than the other towels.

In today’s world, there are so many options available to buy whatever product you want, but there are not many that are considered to be eco-friendly.

This is also because even the consumer who is buying the product is not questioning anything. It is high time to question the packaging of the product and how the product is made and what are the ingredients used to make a product. Is there any reasonable eco-friendly substitute to use harmful products?

Let’s start with some points to keep in mind before buying a towel.

It is better to choose a size 13” x 13” if you want to buy a towel just for your face.
It is better to choose a size of 16” x 30” if you want to buy a towel for kitchen and washroom purpose.
It is better to choose a size of 27” x 52” and 35” x 60” if you want to buy a towel for bathing purpose.

Also, you prefer a light towel it is better to go for bath sheets instead of bath towel, also bath sheets are easier to wrap around your body.

It is best to use clothes that are good for your skin, especially cotton-based clothes are good for our skin and help our skin to breathe. Even it is advisable to wear cotton clothes during summer and even while sleeping. Also, there are some benefits of sleeping on organic sheets, these organic sheets are really comfortable and surprisingly really durable.

What About The Weight of a Towel?

The weight of a towel depends upon the density rating in grams per square meter (GSM). You can buy a towel from 300 to 900 GSM rating but, you should also know the difference behind this rating.

If you want to buy a towel for regular bathing purpose, it is better to choose a towel with a rating of 400 to 600 GSM. This type of towel has medium weight and such towels are good for regular bathing purpose.

On the other side, if you want to buy a towel for exercise and kitchen purpose, it is better to buy a towel with a rating of 300 to 400 GSM. These types of towels are lightweight and are more suitable for exercise and kitchen purpose.

Then, come towel with a rating of 600 to 900 GSM these type of towel are considered as luxury towels that you mainly find in big seven stars hotels.

These towels are thick, dense, and very absorbent. The problem is that such towels take more time to get dry. If you really need such a dense towel for everyday purpose, you may need to use a machine dryer for the everyday purpose not in summer but definitely in winters.

Here are Some Organic Towel Options:

It is best to choose a cotton towel for everyday purpose, they are lightweight and above all such towels are moderately absorbent and soft for your skin.
In case, you need a towel with more soft edges and durability it is better to choose Turkish cotton.
Turkish towels are denser and more absorbent. Also, Turkish towels are good at locking moisture and warmth. You must have seen such towels in hotels and spas.
Also, you will notice that the Turkish towel becomes even more soft and fluffy after washing.
Then, comes the “Zero twist” cotton towel. These towels are expensive than the usual cotton towel. These towels are cotton-based, soft, fluffy, and lighter than the other cotton towels. If you travel a lot, you can choose such towels.

What are Ringspun Cotton and Combed Cotton?

These towels are made with strong and long threads to make the towel more durable. Also, these towels do not form pills.
Then, comes ringspun cotton towels these towels have a soft texture and are made of long-short fibers.

Select The Right Colour For Your Towel:

If you want to buy some towel sets for your kitchen, you can choose a pattern and colors that are similar and compliments each other.
If you are confused, which color will suit your washroom, then it is best to go with white color because the white color goes with all sorts of colors.
It is best to always wash whatever cloth you buy from outside and then use that cloth. Also, if you want to wash your towel, do not use fabric softeners because these fabric softeners can make your towels hard and stiff with time.

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