“Value” is defined as an action or process that a customer is willing to pay for. Value streams are all the actions (both value-added and non-value added) currently required to produce a product that meets customer demand. VSM is a pencil paper tool that means improving the whole process of manufacturing, not just an isolated...
COVID 19 has been a boon to some industries while causing a crisis for most of the manufacturing organizations, forcing them to face several challenges in their operations and working methods. Even with the continual decline of the economy, a sharp rise in raw material prices, turbulent supply chains, and many others factors during an...
We are glad to present a webinar on Indian Engineering Industry as a part of iFaber-Official Newsletter of Faber Infinite. In this webinar, industry expert Mr. Jalay Pandya has shared his insights on the current scenario of the industry by sharing how Faber Infinite has been successful in weaving growth opportunities for engineering industries. Indian...
India is on the threshold of major reforms and is poised to become the third-largest economy of the world by 2030. India’s manufacturing sector has evolved through several phases – from the initial industrialization. And the license era to liberalization and the current phase of global competitiveness. Today, Indian manufacturing companies in several sectors are...
In today’s highly competitive and dynamic environment, market competition forces organizations to improve productivity and enhance their competiveness. Consequently, the matter of assessing and improving competitiveness in different industry of several countries has received increased attention in recent times. In addition, it has been observed that engineering industries need to focus and invest more on...
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Copyright ©2022. All rights reserved. Web Design by Interactive Webstation.
