Demand Management 4.0
Enabling Journey Towards Demand Management 4.0 with Intelligent Workflow Having a great forecast to start the supply chain planning cycle is every planner’s dream. A good forecast accuracy in Demand Management increases chances of having better planning result in all downstream planning processes like Supply Planning, Material Planning, Production planning etc. However, the search for higher forecast accuracy had seen adoption...
Cloud Adoption
Cloud Adoption in Small And Medium Business(SMBs)When cloud technology came into the picture, the world was unsure of its implications in the business realm. But, gradually with easy access to high-speed internet, cloud computing has become one of the most popular technologies of the digital era, especially amongst small and medium businesses. It allows companies to leverage a myriad...
The Future of Solar is Bright
Embrace Nature! BIG ENERGY SAVINGS-The Future of Solar is Bright World׳s energy demand is growing fast because of population explosion and technological advancements. It is therefore important to go for reliable, cost effective and everlasting renewable energy source for energy demand arising in future. Solar power is the key to a clean energy future. Every day, the sun gives off...
The 3U CubeSat and Industry 4.0
On Sunday, the 28th February, 2021, the indigenous PSLV-C51 Rocket of ISRO was launched from the Sriharikota Launch Pad, at 10.24 AM. It carried a payload of around 19 Satellites, notable among them are the Amazonia Satellite of the Brazilian Govt. for monitoring the Amazon Forests, Sindhu-Nethra of the Indian Govt. for monitoring the ship movements in the South...
Will Industry 4.0 Ever Rule the world?
Industry 4.0 is around us. Our LinkedIn feeds are consistently buzzing with innovations from Industries, in the areas of process Improvement, Disruptive ideas, and automation. Data-driven approaches are gaining traction to solve real-time problems, to avoid glitches in management.Concepts like cloud computing, data analytics, and Internet of Things are seeing the light of day in large scale manufacturing companies,...
Intelligent Workflow Design for Industry 4.0
Workflows are key to any business process, which defines a pre-defined execution path with a set of well-defined steps with conditions and rules as needed. Every business has certain set of processes which they need to follow and execute every day to run the business, but major part of it might be executed manually or decisions are taken on...
Planning to make a career in Industry 4.0 – What role suits you
Planning to make a career in Industry 4.0 - What role suits you Industry 4.0 had taken manufacturing industry by revolution. Almost every improvement project in factory shop floor that uses Information Technology as an enabler is getting named / renamed as Industry 4.0 initiative. Many professionals from manufacturing domain and consulting world wants to make their new identity as...
Achieving Manufacturing Excellence: a panacea
Modern theories of firm strategy integrating various analytics has not improved bottom line.... Disruption and Growth is the biggest organizational dilemma. Growth is directly proportionate to shrinking leadership ability. Acknowledging World class Status Manufacturing excellence has the ability to bring world class stature provided it is understood, implemented and practiced well. Being best of the best with ability to provide high...
Quality assurance vs Quality certification
The quest for quality reliability has pushed manufacturing companies to continuously upgrade their processes and increase the capability to deliver uncompromising quality. What was considered a benchmark for high quality conscious companies is now a norm.“0 ppm” is no more an achievement but a given, strongly demanded and driven by OEM`s. One day my quality and Manufacturing heads walk into...
Hyper Automation
Hyper Automation Use Cases in Manufacturing Sector A Netlabs Global Point of View When one thinks of Automation in Manufacturing context, the first thing that comes to mind is Robots in the assembly lines. However, the advent of digital transformation technologies like Robotics Process Automation (RPA), Artificial Intelligence (AI), Machine Learning (ML), etc. has also led toSoftware Robots (Bots) being adopted...
SIMA Skill Development Centre
India is a country today with 65% of its youth in the working-age group. If ever there is a way to reap this demographic advantage, it has to be through skill development of the youth so that they add not only to their personal growth but to the country’s economic growth as well. With proper skill development, the youth of...
BUSINESS EDGE THROUGH EDGE COMPUTING
Edge computing is rapidly gaining popularity in industrial and commercial markets.From driverless cars to faster actions on video surveillance, to real-time push sales offers, to swifter shop-floor actions – edge computing holds the key to faster, real-time decision-making.Edge computing is also hailed as the fourth wave in the evolution of computation history.Let us briefly look back at this evolution...
Incentives / Benefits for Exporters
Renowned entrepreneur and venture capitalist Peter thiel in one of his best sellers ‘Zero to One’ opines that globalization takes a horizontal trajectory of growth whereas innovation takes a vertical trajectory and the world has seen lot of globalization right from the late 1850s till date whereas innovation has been largely restricted to technology i.e. the IT and Communication...
The Winning Leap (Ways and Means)
(The Business Landscape of future has tremendous opportunity for those who are willing to lay strong foundation based on fundamentals facilitated by Technology & Digital Assets) Authors work has off late been supported by Davos Agenda 2021 as reported by World Economic Forum in its recent article Manufacturing Reimagined: from improved productivity to profitable growth published on 18th Jan’21, compiled...
HOW TO BE A SUCCESSFUL EXPORTER
Export business is something which many MSME organizations have aspired to do, due to the potential of higher profit margins, timely scheduled payments, incentives and concessions from the Government, etc. However, many of the earliest Indian suppliers have failed, primarily because they haven’t been able to maintain the two important factors in this business – Quality & Timely Delivery....
8 reasons to digitize your factory
8 reasons to digitize your factory The Why? Based on the many successful projects completed in the manufacturing sector, over the past 25 years, my estimation is that normally, a manufacturing company that has implemented an MES software, in accordance with international standards, can save on an average, from 2% to 5% every year and benefit a quick ROI that usually is around a year and a...
The Industry 4.0 Implementation Roadmap
Industry 4.0 implementation roadmap, fourth industrial revolution, digitization, digitalization, and such others are the buzzwords that one often hears when captains of the industry meet. Numerous reports relating to those terms also appear in the media very frequently. These terms, often used interchangeably, describe how the tremendous developments taking place in computers, computer networks, information technology and its convergence...
Going Global with London as a Spring board
World Trade Center Bengaluru, Kochi and Chennai in association with London & Partners, WTC London, NASSCOM, Department for International Trade, Moore Kingston & Smith organized an online discussion on “Going Global with London as a Springboard”. Mr. Oliver Ballhatchet, British Deputy High Commissioner in Chennai; Mr. Hemin Bharucha, Chief Representative, London and Partners - India; Mr. Ian Matthews, Partner-Moore Kingston...
The Transformational Challenges
(This Article is to the benefit of Industry Captains & Board Members to meet the challenges ahead in adopting Industry 4.0 that requires sweeping transformation, reorganizing their talents and shift from conventional business practice) For past twenty years sustainability has become a strategic priority for global organizations. In absence of competitive advantage and with less returns, organizations have been experimenting...
India’s Manufacturing – Digitalize to Stay Relevant
Industrial Internet of Things (IIoT), artificial intelligence (AI), big data analytics, edge & cloud computing, and such other digital technologies are beginning to transform the global manufacturing industry. The exponential growth of the processing and computing capabilities of microprocessors, their availability at affordable prices, and their miniaturization & robustness have contributed to the growth of digital technologies and their...
PROMOTIONS
