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...
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...
