Viswanath PillaMoneycontrol NewsBesides the bustling Western Express Highway adjoining Vakola in Mumbai lies a calm bylane where temples, tuition centres and small offices jostle for space.A small doorway and a narrow stairway leads into the cluttered yet buzzing office of Medikabazaar, the online aggregator for medical supplies needed for hospitals and clinics.That small office is the nerve centre for the complex web of e-commerce operation — that stocks up around 100,000 products ranging from a machine as complex as an MRI scanner to a cotton roll, and ensure it is delivered to around 16,000 pin codes spread across the length and breadth of the country in less than three days. Around seven fulfillment centres aid in the process of receiving, packaging and shipping orders for goods.Close The company follows a B2B market place model where it acts as an aggregator charging a service fee for packing and delivering products depending on category and size. In addition, the … [Read more...] about How Medikabazaar is trying to replicate Amazon model for hospital medical supplies
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“I bet no CEO of a company has said this to his team,” Shake Shack leader Randy Garutti tells a roomful of employees. “I want to challenge you to put us out of business.” advertisement advertisement It’s less than 30 minutes before the 11 a.m. grand opening of what will be the 66th Shake Shack–a gleaming, multimillion-dollar outpost located in a Victorian brownstone on Newbury Street, in Boston’s gold coast shopping district. The assembled workers sit riveted, but this last-minute dare is probably not what they were expecting. Garutti, the company’s CEO, has been up since 3 a.m. He came to Boston on a late-arriving early-morning Amtrak train, and he plans to hit three other Boston-area Shacks before heading home to New York. It has already been a long day. Is he having some kind of stress-induced, Howard Beale–style meltdown? Well, no. He’s just passing along a bit of the wisdom that has made his company one of … [Read more...] about How Shake Shack Leads The Better Burger Revolution
Do you remember the day when Netscape became a $2 billion company, or when Amazon upended our online expectations by introducing 1-Click shopping? How about when Napster faced down Metallica and Twitter showed us what was really happening on the streets of Tehran? These are the moments of innovation that changed our world and continue to point us to the future. advertisement advertisement 1995: The birth of the fast company It was the IPO pop heard round the world: How Netscape’s triumph signaled the arrival of a new business model—and a new mind-set. I first realized that August 9, 1995, would be a day to remember when two coworkers bet each other on the opening and closing price of a new stock issue from a Mountain View, California–based company called Netscape Communications. Their excitement was electric, and it only grew as the stock doubled its offering price from $14 to $28 that morning; by the time it started trading after 11 a.m., the stock had … [Read more...] about 20 Moments From The Past 20 Years That Moved The Whole World Forward
When it comes to the Ten Commandments, there’s quite a few to remember. Talk about cognitive strain. Guess, Hick’s Law wasn’t much of a thing back in Biblical times. advertisement advertisement For your convenience, we’ve narrowed down our list of commandments to just three. Yep, three. These are the three essential, non-negotiable elements for a great UX design. They can be used as a checklist for every UX project you do and shouldn’t be too hard to memorize. Let’s get started. Thou Shalt Be Useful The first and most important requirement: your product is actually useful. It doesn’t matter how usable or desirable it is if it doesn’t serve some purpose in your user’s life. In fact, studies placed usefulness at 1.5 times as important as usability. LIke we first said in Web UI Best Practices, there shall be no other “gods” besides usefulness. So, how do you define usefulness? Painkillers & Vitamins … [Read more...] about The 3 Commandments of Great UX Design
Superhuman athlete, comedic actor, and $500-million brand LeBron James is now a typeface. So are Kobe Bryant and Kevin Durant. Working with the London-based design firm Sawdust, Nike has created fonts for some of the most popular basketball players. Eye-roll inducing? Certainly. It’s also smart—if used the right way. advertisement advertisement Composed of Jonathan Quainton and Rob Gonzalez, Sawdust has carved a niche in the bespoke typeface business mostly working with editorial clients. They met while studying graphic design at Oxford and after working separately as freelancers and at agencies in Denmark and London, the two banded together to open their own studio in 2006. (You might recognize their identity for Fast Company‘s Innovation Festival and Innovation by Design Awards.) Nike Basketball has worked with Sawdust on and off for years to create logos for its players, like Maya Moore and Blake Griffin. And while a logo is the norm for marketing … [Read more...] about Typefaces For Pro Basketball Players: Gimmick or Genius?