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...
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...
Successfully Breaking into the U.S. Market
Key Considerations for Successfully Breaking into the U.S. Market Selling a new or relatively new product is never easy, and it becomes that much more difficult when you are trying to enter into a new country- especially the United States. I have worked in technical sales for US-based manufacturers, but also have experience representing foreign manufacturers. In one case I was...
A Game – Changer for SMB
Remote Asset Management with Field Service 4.0 - A Game-Changer for SMB The new dawn of the industrial revolution in the digital era has created an exciting space of products and services for small and medium-sized businesses. Field Service 4.0 has brought a digital transformation from reactive to proactive services. In fact, the field service management service has triggered many...
Textile Industry – From Surviving to Thriving
An Exclusive tête-à-tête with Dr. K.V.Srinivasan by D.K.Karthikeyan, Editorial Director - INDUSTRY 4.0. Over the years you have championed the cause of textile manufacturers, and with this journey you have taken many new responsibilities. But this journey has started from PSG College of Technology. Could you please tell us the impact PSG made in your career? I started my textile technical education in 1983 by...
INDUSTRY 4.0 – The Fourth Industrial Revolution.
Industry 4.0 as a manufacturing movement is reshaping the business of building products. Fueled by unparalleled machine intelligence and connectivity, industry 4.0 introduces Cyber-Physical Systems and IoT on the Assembly floor. Our modern manufacturing efforts are driving advancements in industry 4.0, bringing greater efficiency, quality and sustainability to the manufacturing process. The shift to smart factories is already well underway....
