Sam Foti has an excellent academic background; with educational institutions like Wharton, Oxford and UPENN on his account. Before joining the MONY group, he worked for Metropolitan Life Insurance Company from 1974 till 1988 and his last position held was the Vice President. He joined the MONY group in 1988 and his success story began.
Samuel J. Foti is now the President and Chief Operating Officer of the MONY group and also heading various subsidiaries under MONY. The MONY group is a financial services holding company and provides a wide range of asset accumulation and retail brokerage products and services through its member companies.
Samuel Foti has been the key driver behind many of initiatives that MONY took; his strategic ways of thinking and leadership style lead to not only the successful planning of these business critical steps but also their impeccable implementation. He was able to diversify the company’s distribution channels; expanding them beyond the conventional career agency system to including revolutionary mediums like the internet so that these services could target to a bigger audience at a lower cost. Also, he made conscious efforts to cut down unnecessary costs and keep a safe revenue cushion for the company.
Shipping is an important material handling system. For efficient material handling Cornerstone Automation Systems (CASI) is using automated material handling equipments throughout the shipping processes.
Shipping had always been a major concern for any manufacturer or distributor. It consists of various steps of scanning, weighing, cubing and labeling. Even thinking of performing all these steps manually is not less than a nightmare. Automated shipping systems reduce the involvement of manual labor thus make the task a bit easier. Cornerstone Automation (CASI) is producing both standard and custom shipping systems as per the requirements.
In a typical shipping system the cartons are first placed upright manually or by an automatic case erector on the conveyor. Then a printer places a shipping label having License Plate Number (LPN) etc on it. Label confirmation barcode scanner then confirms proper label placement and detects any printing mistakes by scanning the barcode. If the label does not exist, the cartons are either diverted, or the system may also be set up to stop operation. If the label is confirmed, the cartons are send to the check weigh system where their weights are checked automatically. After weight, comes the turn of printing and labeling. Then verification of barcode, label and weight attached to individual carton is done. If it incorrect, they are rejected and if it is correct they are sorted accordingly.
Simply, if a concern is shipping a large number of cartons per day, automation is the only way to have maximum output in minimum time
Team building is an important process that requires professionalism, expertise, and a commitment to success. Strong teams are productive and efficient, and they enable organizations to achieve their highest goals and objectives. Yet strong teams don’t happen by chance or luck. Rather, they are built by training employees in how to work collaboratively towards a common goal.
Building effective teams starts with training. The amount and quality of teamwork training employees receive corresponds directly to team performance. Any organization that is trying to accomplish goals by organizing teams should be willing to invest in ongoing teamwork training for everyone involved.
Business team building involves much more than picking out some employees with particular skill sets and placing them on a team. Team members have to be taught how to communicate effectively with each other in order to collaborate and coordinate their activities. They also need to learn how to make decisions by consensus and resolve conflicts that might arise quickly and effectively. These are not skills everyone has by nature, which is why teamwork training is so necessary.
Commitment to the team and achieving its common goal is important. Teamwork training can help organizations motivate employees to want to succeed as team members, and this will result in a highly productive team.