Digital Transformation

COVID 19 has bought the manufacturing activity to stand still and will leave a lasting impression in the manufacturing landscape. It has exposed the weaknesses in the global supply chain and thrown the questions around the same.  With reduced spendings and plummeting oil prices, how soon the manufacturing companies can bounce back depends on government spending and also how individual companies adapt to the challenges. Here is a quick overview of the impact and potential trends in manufacturing post the crisis.  Continue Reading....

Measuring the output always matters and in  manufacturing , it is even more important. The industry involves a lot of different processes and measuring the effectiveness of the process is always a challenge. Success can not be measured based on the output alone in manufacturing industries, it has to be based on the rate of production achieved against expected (Planned Vs Actual).  In short, measuring all the components involved like machines, humans, and inventory in the shop floor matters. This is the reason why manufacturing companies have KPIs to track and measure manufacturing process effectiveness. Out of all KPIs, OEE is a good indicator on machine utilization & effectiveness.   Continue Reading...

Inventories play a meaty role in the success of businesses and managing them poorly not only increases TCO but also impacts the overall  supply chain . However, maintaining accurate inventory levels is a prime challenge for most enterprises. Still, many companies are using manual inventory systems or partially automated systems that hurt their overall supply chain. According to  Statista , inventory management is considered to be the th.... Continue Reading..