The way of shopping has changed in India in the past few years with the boom of e-commerce business. At first, the e-commerce companies fought on the basis quality of products offered. Now, the times have changed and offering products for less price and good quality doesn’t differentiate them anymore. Current competition involves all possible … Continue reading How Logistics in India is changed due to E-commerce Companies
Have you ever dreamt of a place run by robots? All the machines in one place running at full pace and huge chocolate tubs feeding in the liquid chocolate for making chocolate bars every second with no human soul being seen anywhere near? Oh yes! That might be a movie, Charlie and the Chocolate factory. … Continue reading OpScoop Chapter II Issue XIII: Smart Factory- An Industry 4.0 Application
Green production is a business strategy focusing on profitability through environmentally friendly operating processes. It can be looked at in two ways: the manufacturing of “green” products, particularly those used in renewable energy systems and clean technology equipment of all kinds, and the “greening” of manufacturing — reducing pollution and waste by minimizing natural resource … Continue reading OpScoop Chapter II Issue XII: Green Production
With advancements in mobile technology and it’s normalisation in our daily lives we see the era of augmented, reality (AR) coming closer to full fruition. AR is considered the locus at which digital and the analogue words merge. A recent example to showcase the adoption and development of this word is Pokémon GoPokémon Go is … Continue reading OpScoop Chapter II Issue XI: Pokemon Go and Augmented Reality!
Toyota is one of the cases where operations management has been successfully implemented at a global scale. The productivity has been enhanced by strategic approaches towards operations management through the coordinated efforts for streamlining processes. The Toyota Production System (TPS) as pioneered within Toyota Motors (Fujimoto 1999, Benders 2001), has become the model for global … Continue reading OpScoop Chapter II Issue X: Toyota Production System
Disruptive changes through digitization have started to affect the rail sector as well. To increase efficiency and reduce the total cost of ownership (TCO), fleet reliability is a key lever. Big data and advanced-analytics solutions, such as condition-based maintenance and predictive maintenance is actually a good opportunity to yield the next big efficiency leap in … Continue reading OpScoop Chapter II Issue IX: How will the Original Equipment Manufacturers and Operators in the field of Railways reap the benefits of Digitization?
While working as an accounting manager for Texas Instruments in 1960’s, Pete Pyhrr created zero-based budgeting. A decade later, after being published as a Harvard Business Review, it was picked up by Governor Carter to manage the budget to manage Georgia budget process. In the recent years we have seen that the Zero-Based-Budgeting is again making … Continue reading OpScoop Chapter II Issue VIII Zero-Based-Budgeting: A comeback on the cards?
India was a milk deficit country post-independence. This situation pushed the government to launch “Operation Flood”, which so far has been one the most successful government-led programs on inclusive growth and livelihood generation. The program was implemented in three phases and with three main objectives – increase in milk production, augmentation of rural incomes and … Continue reading OpScoop Chapter II Issue VII: Indian Dairy Industry
Electric vehicles gathered a considerable amount of market share in the US by starting with luxury cars and then moving down-market with the help of Tesla. India's nascent transition to EVs is heading in the opposite direction. Alternative ways to charge electric car Most of the Indians will get their first experience of electric vehicles … Continue reading OpScoop Chapter II Issue VI: Are electric vehicles the new face of automobile industry?
Travel and tourism is an ever-expanding stakeholder of the global economy as it already accounts for 10.2 percent of global GDP, and 292 million jobs. Due to expanding global middle class, improved digital and physical connectivity, and human curiosity the sector is bound to grow even more rapidly. If we could spread out the travellers around … Continue reading OpScoop Chapter II Issue V: Administering crowds and organizing overpopulated tourist destinations!