For over three decades, companies have embraced the Lean manufacturing approach to streamline operations and maximize efficiency. However, in the age of Industry 4.0, a new horizon of transformation is emerging. Organizations are now exploring the convergence of digital and physical systems to take operational excellence to the next level. This exciting shift, where Lean...
Due to the current covid crisis and such volatile market conditions, the Pharmaceuticals and Life sciences industry is under great pressure to align the supply of their products with the market demand. Since India is 90% dependent for most antibiotics and API’s on China, pharmaceutical organizations of India face the likelihood of disturbances because of...
In today’s highly competitive market, cost factor plays a significant role in sustaining the competition. Every organization is working on cost reduction for their products or services. But, while working on cost reduction it is equally important to preserve the value of the product / service. Hence, to explore the ways of cost optimization, Team...
In this edition of iFaber, we bring to you another tale from the floors of one of our clients, which is a reputed market player in fans, domestic pumps and lighting for over 20 years. We had a chat with Mr. Sanjay Khanvilkar – Head Quality and Business Excellence, Crompton Greaves Consumer Electricals Ltd. Excerpts of...
Value Stream Mapping (VSM) has been around since quite some time now, as a lean business practice tool. In recent times, it is evident that this tool has been helping organizations define and increase material velocity and eventually have a positive influence on customer experiences and profitability. What is Value Stream Mapping? Value Stream Mapping...
Textile industry has made its own space over the years and has been extremely successful in contributing to the country’s GDP. The importance of the textile industry can be gauged upon by the fact that it provides around 2% to India’s GDP and doles out more than 13% of the income country generates from exporting...
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Copyright ©2022. All rights reserved. Web Design by Interactive Webstation.
