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November 24, 2009

Sam Foti, the man behind MONY’s success

Filed under: Business — @ 9:10 pm

Sam Foti has worked as an underwriter and as the director of several financial products and services provider firms and companies like The MONY Group Inc., MONY Life Insurance Company of America, MONY Bank & Trust Company of the Americas, Ltd., Life Insurance Marketing and Research Association (LIMRA), The Enterprise Group of Funds, and The American College. This accounts for his professional excellence after receiving his master’s degree in finance and investments, from the University of Pennsylvania Graduate School of Arts and Sciences.


Samuel J. Foti was hired as the National Director of Agency Operations in 1988 and due to his tremendous contributions was promoted to become President and Chief Operating Officer of The MONY Group Inc. in 1994. From then on, he dedicated his capabilities to steer MONY towards success. He implemented several strategic plans to reposition the firm and expand its operations. He sold several subsidiaries of MONY to help regain its focus and also expanded the company’s product portfolio and distribution channel.  Samuel Foti expanded the company’s career agency system to include avenues such as the Internet and provided training and resources to improve the work force. Currently
The MONY Group, Inc has merged with AXA Financial Inc and offers life insurance, asset accumulation, and retail brokerage products and services to individuals, corporations, and institutions.

 

September 18, 2009

Barcode System, Saves Time & Energy

Filed under: Business — @ 6:48 am

Barcode System       has been an innovation which was widely accepted all over the world. A barcode is a machine readable version of data. This type of Data automation systems are recognized to be a huge assistance to the company and the workers. Barcode System provides data automation solutions for any company whose operations involve supply chain, manufacturing or even distribution which makes their life easier in a way that they collect data rapidly with the help of scanners which are placed in such a way that whenever any package moves on the conveyor , the scanner reads the barcode, analyses the whole information about that package and then in a form of data transfers it to the computers. These automation systems include different types of scanner which are used at different levels as per convenience. These automation systems are used to keep a record of the whole inventory, differentiating them according to their floors or batches. These automation systems are also used to track shipments, so that their exact location can be traced and it is easier to find them on a floor or among different batches.  These whole automation systems not only reduce the need for man power, but also help in eliminating errors which result in customer complaints.

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