Intelligent Automation – In Its Early Teens
A Netlabs Global Point of View Automation of business processes and activities (not to be confused with the ones associated in Manufacturing and Logistics like assembly line, physical Robots, etc.) per se is not a new concept. Software-led automation started with the Materials Resource Planning (MRP) concepts in late 1980s. From thereon, it spread its tentacles to encompass/integrate a variety...
The Coming Digital Revolution in Retail
Indian Corporate sector is getting increasingly enticed by digitalisation. As the world was struggling with pandemic fallout, many of our legacy enterprises have been busy redrawing their business and operating models to align with contact-less, paperless and cashless transactions. With over 400 million young, tech savvy entrants to the middleclass, it is only natural for businesses to look at...
Sustaining in Challenging World & Under New Normal
This Article is dedicated to Manufacturing Industries to reduce gap between market orientation and performance relationship under new normal of Industry 4.0 fostering business perspective of 21st Century. (Business Leaders worldwide expect their organization to capture competitive advantage....Globalization & Digitization has pushed the organization in a direction that represents new normal of uncertainty... Survival or growth of enterprise depends on...
“A Saga of an Entrepreneur”
The achievement could be likened to any level, be it miniscule or mammoth. There are a ton of uncertainties, but's and dont's any business visionary need to experience before the individual lands at a point where we must have a powerful interruption to know whether we have arrived at an answer customised for the need of paramount importance. There lies prosperity, as it...
Digital Twin – The Future is Here
What is a Digital Twin?A digital twin is a virtual representation of a system or a physical product. Digital twin technology has evolved exponentially over the past few years, thanks to the development in the fields of AI, Machine Learning and IOT. Since the emergence of this technology, it has lured many especially, when Gartner announced Digital Twin as...
Decoding – China Vision 2025
Given the circumstances that we are in, this could be yet another article where you have read about China. Like as they say, if you know your rivals plan, you can prepare a counter plan. Although this time we better hurry. MSME and the Indian manufacturing need to know, the fine prints of China Vision – 2025. Given the...
Time To STAND- UP, With MSME
As we write this, the banks have put in a request to the Reserve Bank of India, not to extend the moratorium. They state that this could lead to an increase in bad loans and strain the lenders even more. The bank feels that whether it’s individuals or industries, they are taking advantage under moratorium and deferring payments. Suppose...
The Next New Wave
Industry 4.0: The Next New Wave Across Manufacturing Industries Industry 4.0 is Coming ! Period ! Could there be a better time to implement Industry 4.0 post the pandemic ? That I am afraid is the wrong question. The truth is Industry 4.0 is coming. Period. Let’s look at an example. MSME have always looked up to West, for change in manufacturing...
Predicting Growth Sector During Covid-19
An economist once told us that there is no definite way to calculate the GDP of the country. GDP effectively means that the total value of goods and services produced in a country. He went on to state that, if you see the methods “ It’s a pure ballpark figure and that’s what it is”. Which means all along,...
Industry 4.0 Research
Industry 4.0 Research: Information and Communication Technology (ICT) Capability Index for Supply Chain Management (SCM) By Prof. Prashant R. Nair “Amateurs discuss tactics; professionals discuss logistics.” Napoleon Bonaparte ICT Advantage Rapid technology advances and dynamic market forces have altered the business landscape as also fundamentally altered existing business models. Information and Communication Technology (ICT) usage and deployment has opened the doors for companies to...
