MSME Ecosystem
The 360Degree View of the Thought Process for the MSME Ecosystem 2020 will be remembered for ever. COVID happens to us and will continue to do so in 2021, perhaps in different measure. MSMEs are faced with a revenue loss of 15%-60%, credit gap of ~US$ 400 Bn, NPAs between 15% and 45% and GDP contraction between a fourth and...
Revolutionising Industry 4.0 with Human Resources
The Transition From a labour-focussed function, to a more talent-management one, the human resources function has undergone massive transformation since its inception about two decades back, post Globalisation in 1991. From what was a labour-focussed, union-driven IR-led function, the modern-day HR has come a long way to become the strategic people’s function that it is now. Since its inception about two...
Beating China with Industry 4.0
Understanding the Chinese economic fault line The Business of Govt is not business but to facilitate business. But when govt indulges in Business it has its serious & devastating impact. Understanding Chinese economic model is important to derive strategy not to fall into trap again and stand up to fight. The economic wisdom is rooted in a profound understanding of the...
Strategies in the New Normal ! Survival !
The editorial team at www.industry4o.com, spoke to experts and leaders across manufacturing to identify methods to help small manufacturers get past the crisis. The old school of putting it on a white board all the ideas that came in and then using available data along with economic indicator was the basis of this article. Our focus was to identify...
Industry 4.0 – India’s second big opportunity
The announcement of the “Atmanirbhar” mission by the Government of India and the general inclination in India as well as countries like USA, UK, Japan and Australia to minimise China’s role in future supply chains opens up and enormous opportunity for Indian SMEs. But to do that – in electronics, chemicals, pharma and all aspects of manufacturing, Indian SMEs...
Industry Leaders
Industry 4.0: Adding capabilities Industry Leaders need to Re-incarnate The World is drowning in data but lacks in Economic Wisdom India and its manpower is at the center stage of the world. It’s not a predicament, but it is the source of hope to the so called ‘aging’ developed nations. With an expected population of 1.52 billion by 2036, 67% of which would be...
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...