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Umar Hayat

The owner of MagniPak has over 35 years of rich higher management exposure in Banking and Textile Exports.

Duties & Tariffs

Duties vs. Tariffs

Duty and tariff are the terms used for levies imposed by the Governments on imports and exports. Both terms are often mingled up. These are used interchangeably. The truth however is that there are minor differences. The layman perhaps is not much concerned about the… Read More »Duties vs. Tariffs

Procurement

The Importance of Procurement KPIs

The markets are ever getting sophisticated and complicated with every passing day. The Covid-19 has aggressively affected competitiveness. The procurement departments are under stress to meet expectations as regards delivery and cost-saving. The companies are always searching the avenues for improvements to ensure efficient procurement.… Read More »The Importance of Procurement KPIs

On Demand Manufacturing

Why On-Demand Manufacturing?

Manufacturing traditionally was an activity of producing goods, storing them in warehouses, and supplying them to distributors. The distributors then are responsible for supply to retailers through whole-sellers. It means that manufacturing essentially has to be a mass-production activity taken as a large scale industrial… Read More »Why On-Demand Manufacturing?