Logistics has become one of the most prominent sectors in the industry. But the increasing labor costs and time constraints make the market less appealing on a global scale. So, to counter the diminishing profits, industries have started supply chain automation to implement a more efficient system. Robotics solutions offer the ability to introduce automation into … Continue reading Opscoop Chapter II Issue XX: Robotics Logistics solution
With the rise of analytics in various walks of life, the industry has started questioning its impacts. One such field that has been positively impacted with the use of analytics and big data is Human Resource. Applications of HR analytics along with its findings have allowed the employers to question existing processes, reinvent them as … Continue reading Opscoop Chapter II Issue XIX: Analytics in HR
There has been increase in number of brands which are closing their retail store outlets. The retailers should manage the closing of the outlets effectively so that maximum revenue and profits are earned. In the product life cycle, the death is the most difficult phase to manage. During the birth phase, the product is growing, … Continue reading Opscoop Chapter II Issue XVIII: How can shutting down of stores be good for business?
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
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?