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In Manufacturing Industry, OEMs are the central focus of any analysis. And OEMs deal with partners for various purposes. For procurement, OEMs interact with strategic and transactional suppliers. For manufacturing OEMs interact with a contract manufa...
A platform enabled ecosystem of partners where interaction takes place in multiple ways and value creation is done through collaboration and co-creation is the ideal means to foster a relationship. The positive impact generated by such an ecosystem l...
In a constantly changing business environment, the ability to adapt to changing trends and implement new strategies quickly is of paramount importance today. Economic pressures, industry changes, regulatory pressures, supply uncertainties and changes...
Industry 4.0 manufacturing framework has been conceptualized to take the idea of extended enterprise ahead. It breaks the silos within the organization and with the help of cyber physical systems, it takes the collaboration activity and visibility to...
Today’s manufacturing environment is highly dynamic and complex. It consists of various stakeholders like multiple suppliers and partners, multiple distribution channels, multiple fulfillment partners, multiple customer types, etc. Decisions have to ...
Demand sensing is a new technique of forecasting. This technique uses mathematical methods on real-time information to calculate a forecast of demand with higher accuracy. The higher accuracy of demand sensing reduces forecast error by a significant ...
Augmented reality as a technology brings about a digital transformation in the physical world through images, text, and 3D models. An important aspect of AR is to superimpose the information which it collects from an IoT device on the same device in ...
One of Gartner’s Top 10 Strategic Technology Trends for 2017, digital twins aim to transform the virtual landscape. Many research firms are optimistic about its development, predicting that by 2018, companies who will invest in digital twin technolog...
The traditional way of analyzing an enterprise’s function is to understand its business processes and measure it efficiency .Traditionally SCOR Framework has been used extensively. It basically consists of two components – the framework and reference...
Today all organizations want a digitalized and contextualized manufacturing environment to enable the digital supply chain where the stakeholders can quickly extract relevant information and make decisions. A digital supply chain has visibility acros...
The functioning of an enterprise begins with the strategic planning process. Post the strategic planning exercise every organization goes through the Sales and Operations Planning (S&OP) process. Read this blog to this to find out the importance of S...