The automotive sector is one of India’s fastest and largest growing industrial sectors. More and more MNCs are now entering in the Indian market and are exploring the unexplored market base present in the country as well as taking advantage of India as manufacturing destination. Moreover, along with exports, the improvement in the living standards...
Indian plastic and resin industry has a very high and developing trajectory over the past few years and has proved to be instrumental in the country’s improved GDP by reaching a total Market Capital of 1.7 lakh crores in 2016. With consumption of plastic increasing by a heavy margin of 16% annually, the manufacturing industry...
It could be known by different terminologies. Some call it TPS (Toyota Production System), others WCM (World Class Manufacturing), some call it LEAN and some call it Operational Excellence. Finally, to sum it up, all world-class organizations have different frameworks or structures. But as it is said, ‘All roads lead to Rome.’ All systems lead...
GST seeks to unify the entire country into a single market with only one value-added tax levy on all the goods and services across states at the point of consumption, subsuming up to 16 different taxes and levies that were imposed. This is expected to make the movement goods across the state borders smoother, faster...
Floriculture is a major global industry in both developing and developed countries. Global trade volume is estimated to be worth more than $100bn per annum. The main players are divisible into producers in developing countries and consumers in developed countries, including many in Africa. With the continuous development of greenhouse technology, and advances in plant...
The cost of healthcare has been increasing rapidly. Healthcare providers, clinics, hospitals are under pressure to reduce cost at the same time improve service and patient safety, reduce waiting time, minimize errors and optimize the use of available resources. A multi-pronged approach can help hospitals and health systems deliver more financially sustainable and patient oriented...
Yet again, Faber Infinite in association with CII (Confederation of Indian Industry) conducted a training workshop on “Material Handling and Inventory Management – Tools for Efficient Output & Cost Control” at Vadodara in July, 2015. The key purpose of the workshop was to learn effectively and efficiently the tools for cost management as well as...
Organizational transformation is about organizational change which goes to the depths of what an individual feels and will affect what people feel about the organization and what they do in the organization. In this article, we will talk about the key points of Crafting Transformation Journey. Organizational Transformation Journey Organizational Transformation is more than just...
Faber Infinite and Confederation of Indian Industries (CII) Indore conducted a training workshop for the industry managers on Materials/ Inventory Optimization and Management, to learn best practices toward achieving effective inventory management. The objectives of the program: – Understanding of Materials/ Inventory management; the need, drivers & the factors weighing it down – To establish...
Managing inventories can get really challenging. In today’s competitive era, inventories in the supply chain pipeline can make or break the situation for any business. Hence tracking and maintaining optimum inventories is critical and also it is difficult to estimate where, what, how much is required. Overstocking has issues with blocking the working capital and...
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Copyright ©2022. All rights reserved. Web Design by Interactive Webstation.
