'Business' Category

Sam Foti: A man of many skills

November 24th, 2009 November 24th, 2009
Posted in Business
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Sam Foti has achieved much in his professional career in the past three odd decades in the Insurance and Financial markets industry. He has championed many initiatives that were substantive, large in scale as well as quite risky, considering the time and setting under which these were carried out.

He has completed various acquisitions, product enhancements, vision re-direction as well as made sure that Operations were as smooth as possible. He has been able to use smooth operations as a core competency of his company, often envied by competitors for the industry position and market share the company enjoys.

One of his most impressive achievements is revamping of the distribution networks that has really given the company he works for a head start when it comes to smooth delivery of products and services and lesser lead time. This lends to greater customer satisfaction. Many kudos have been given to Samuel J. Foti for his ambitious drive and motivation to make his company the best in the business, placing it not only on the map of the US industry but also worldwide.  Samuel Foti  is Chief Operating Officer at the MONY Group, headquartered in New York City.

Barcode & Mailing System.

October 12th, 2009 October 12th, 2009
Posted in Business
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We all are want to be connected to people we care about, We have different kind of modes of communication with them. We sent text messages, e-mails, we make phone calls. One another way which is becoming gloomy, as not a lot of people are using it is the BY-POST mailing system. But with the demand decreasing, many of the mailing systems of countries have adapted new technologies to make the service more reliable and fast. Automation Systems have been introduced that take in information about the mail e.g. its destination; details of receiver etc. and transfer it onto different networks of data. Barcode system has been introduced, where every mail package is given a barcode, by just scanning it by a barcode scanner, while it is moving on a conveyor, it can be sorted out as per its destination. These barcodes also help the send or the receiver to track the packages current location & how much time it will take to get to them. These Automation Systems have not only decreased the time taken to process any mail, but alos has reduced the stress on the workers. Lesser time is taken, and mistakes like, misplacing or incorrect dispatch have been almost come to an end.