FOR AN INDIAN SMALL AND MEDIUM ENTERPRISE (SME), it is critical to be able to fulfil its customers’ needs in terms of a quality product to be delivered as per its engineering requirement, to maintain the cost and within the timeframe agreed. Small and mid-size manufacturers constantly make efforts to meet the customers’ demand. Here knowledge sharing plays an important role. This critical capability can be acquired by a SME through adoption of digital ways to execute design to manufacturing projects.
The demand of having products made to the customer’s requirement will not only grow but will get more complex with time. SMEs are agile, flexible and therefore can tune into the customer’s demands sooner as compared to larger organisations. SMEs need to have infrastructure and capabilities to be able to cater to such dynamic demands. That is where Digitalisation of the entire Value Chain from design to manufacturing to services plays a critical role.
Digitalisation for SMEs is easily achievable and needs moderate financial investment. To propagate this thought among the SMEs of India, Siemens Digital Industries Software and Manufacturing Today collaborated for two conferences with the theme ‘Digital Transformation – Opportunities for small and midsize manufacturers’, on August 6th and 7th in Pune and Chennai respectively. The focus was on sharing the best practices to be adopted for digitalisation by the Indian SMEs.
At these events, Siemens Digital Industries Software also unveiled Solid Edge 2020 with its new features such as augmented reality, expanded validation tools, model-based definition, and 2D Nesting. Digitalising the entire product development process with Siemens Solid Edge 2020 is easy to implement.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Multiphysics modelling in manufacturing
Multiphysics modelling is transforming manufacturing processes by improving precision and efficiency, as highlighted in the recent Manufacturing Today webinar, 'Multiphysics Modeling of Manufacturing Processes Using COMSOL\".
Revolutionising the automotive industry: Embracing 14.0 with AI & IOT
Advanced robotics is expected to handle 75% of production tasks by 2025, and AI-powered systems are improving quality control and reducing human intervention.
Adopting green chemistry
Adopting green chemistry is key for Indian manufacturers to drive sustainability and enhance their competitive edge.
A cleaner future for coolants
From extending equipment life to minimising environmental impact, the latest innovations in coolants and lubricants are redefining their role, transforming manufacturing in both operational and sustainable ways.
Forging growth and innovation
Kirloskar Ferrous Industries (KFIL) is driving growth in alloy steel and casting by advancing India's foundry and manufacturing capabilities, aiming to reach $2 billion by 2030. Sujatha Vishnuraj, Editor, Manufacturing Today in conversation with Ravindranath Gumaste, MD, KFIL, to know more about the company's commitment to sustainability and growth.
From Locksto Liftoff
A journey that began with a modest lock manufacturing unit has now evolved into one of India's premier multinational conglomerates.
Top 10 digital transformation strategies for manufacturing
In today's rapidly changing industrial landscape, digital transformation is critical for manufacturing companies aiming to increase efficiency, remain competitive, and enhance customer satisfaction.
Analytics in action
Advances in IoT and automation are transforming the testing, measurement and instrumentation industry, resulting in operational efficiency, data accuracy, and sustainability practices.
ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering
The ITL-CFC 50 Cutting Facing Chamfering Machine stands out as a highly efficient solution for metalworking industries, offering cutting-edge technology for precision operations.
MRF opens new Tyredrome service centre in Mumbai
The Tyredrome of MRF is manned and run by engineers and technicians trained at MRF.