July 2018

Modular Sourcing Improves End-To-End Supply Chain Efficiency

By Ram Venkataraju

Companies operating globally, in a wide range of markets, cater to various needs of customers, with different requirements.  This requires having the flexibility to offer a large variety of products, which increases complexity, costs, and efficiency.  Companies need to develop a strategy, to manage offering these wide varieties of products, with an increased standardization of components.

Traditional product design within product life-cycle management (PLM), focuses on integrating product requirements into design, but fails to address the need for variants without increasing complexity.

Creation Of Retail Magic

Akshay Balachandran on Jun 28, 2018 5:00:00 PM

Retail Magic

WHY IS EVERYONE GOING “IoT” ?

The Internet of Things (IoT) is the new “abracadabra” in the retail world. The technology has been around for at least 25 years, though the technology has only just matured, and is creating an impact on retail businesses.