After a hectic day’s work, when you return home, a healthy meal is all which can relieve you from the bickering of your boss or a heavy workload. A meal, which is your surely your favourite yet does not poke your life partner of extra effort he/she is putting in to prepare it. A meal, … Continue reading OpScoop Chapter II Issue XVII: Robot Kitchen-The Future is Served
With the growing necessity to adapt to the customer’s requirements; the number of challenges faced by the retailers is increasing. The retailers today, are not only expected to provide the customers with a pleasant shopping experience along with offering a range of products; but are also supposed to reduce the costs and the workload of … Continue reading OpScoop Chapter II Issue XVI: Coco Cola’s fully automated mixed-pallet technology
In ground terms, cognitive technology is an application, machine and man-made intelligence that would perform certain tasks that previously required human intelligence. It particularly includes robotic process automation that is, RPA, machine learning, and language processing through machine inputs organically. This automatically reduces the need for any sort of human input whilst increasing efficiency and … Continue reading OpScoop Chapter II Issue XV : Perks of Cognitive Technology
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 OpScoop Chapter II Issue XIV : 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?