SUPPLY CHAINS NEEDS TO BE DYNAMIC and agile enough to respond quickly to the varying demand needs. It is important to have a sourcing strategy that is predictable in terms of producing, transportation, warehousing and distribution. Secondly, supply chain visibility ia available today rich set of technologies such as IoT, barcodes, RFIDs, and data analytics. Thirdly, superior intelligence churned out through AI and machine learning techniques augment abilities to make decisions.
Effective SCM is key to business and it is important that the right tools or programmes are in place to ensure the availability of products at the right place and the right time.
Rajesh Jaggi, managing partner, real estate, Everstone Group, says, "Companies aim to have lesser inventory in order to increase flexibility, reduce logistics cost and have quick turnaround between manufacturing units, distribution and customers. Our FEBI (Faster, Economical, Better and Innovative) approach helps in providing optimised solutions to customers. IndoSpace, being the largest, most modern and the only national network of industrial real estate in India, provides clients with light manufacturing units and distribution centres across industrial zones, in proximity to their customers which makes a difference in delivering within time along with the flexibility of maintaining inventory."
“We have developed our in-house WMS which works on similar principles of Six Sigma possible for gatekeeping checks – even though it lengthens the process in the warehouse; it ensures that the product is correct at the time of dispatch and on time. We are working with a company to implement IoT in warehouses for error checking through security systems,” says Aditya Vazirani, CEO, Robinsons Global Logistics Solutions.
هذه القصة مأخوذة من طبعة October 2019 من Manufacturing Today.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 2019 من Manufacturing Today.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Innovate & integrate
The recently concluded roundtable on ‘Manufacturing Reimagined: A digital Leap with ServiceNow' focused on the role of digital transformation in manufacturing and supply chain management, emphasising the integration of digital technologies to enhance operational efficiency, sustainability, and business growth.
India's path to global semiconductor dominance
In conversation with Ashok Chandak, President IESA and Dr V Veerappan, Chairperson, IESA
Hydrogen: A catalyst for decarbonisation
Hydrogen is gaining momentum as a versatile solution with the potential to decarbonise various sectors. Exploring the current state of hydrogen, challenges and prospects that lie ahead.
Al's silent cyber attack
Take a sneak peek into the escalating threat of AI-driven cyber-attacks, along with the intricate challenges and imperative strategies in safeguarding against digital invasions.
Revolutionising energy efficiency
Effective electric motor rewinding practices are vital for enhancing energy efficiency and mitigating carbon emissions.
BEYOND TRACKS
From high-speed trains, metros, monorails, to turnkey systems, services, infrastructure, signalling and digital mobility, Olivier Loison, Managing Director of Alstom India delves into the company's century-old legacy and its stride towards the future.
Enhancing asset management with forefront RFID technology
Track, manage and monitor inventory of high-value assets using Zebra Integrated RFID technology to optimize workflow.
The role of robotics, automation & network integration
There is a symbiotic relationship between robotics, automation, and network technology. With the Internet of Things projected to exceed 25 billion devices, the integration of cutting-edge robots into interconnected systems is rapidly becoming a reality.
Pune Machine Tool Expo and FACTEQ 2024 to propel manufacturing progress in India
The four-day event featured around 230 exhibitors
UltraTech Cement's ₹800 crore investment
UltraTech's board greenlights capacity expansion at the Parli facility by 1.2 million tonnes