Integrating the sides of the business is challenging but it can facilitate improved communications, collaboration and coordination across both functional and organizational boundaries.
The pandemic has exposed how volatile supply chains can be and how risky it is to depend on a single supply chain. India is offering land to foreign investors who wish to reduce their reliance on China.
The government simplified taxation and labour regulations which in turn encouraged infrastructure development. This further made it significantly easier for foreign companies to invest in India.
Every company engaged in the international trading business has recently come across a problem of increasing freight costs and limited available space on vessels.
The process begins with an opportunity assessment to determine specifically what needs to be purchased, how much needs to be acquired when it needs to be acquired.
Modern-day supply chains are one of the most extraordinary achievements of human coordination. The understanding of the supply chain today is shifting from thinking of it as a linear single chain to a nonlinear networked chain.
Armed unmanned and high-tech drones or remotely piloted aircraft are becoming a ubiquitous battlefield presence. We are in the middle of an underground drone arms race as it has become a must-have item for militaries worldwide.
India not only made substantial progress towards self-reliance in the defence sector but also became a major player in the field of defence exports in 2020.
The auto industry faces a huge problem - A shortage of chips essential for countless functions throughout cars trucks and SUVs companies. An array of industries are vying for the precious supply of microchips that are disproportionately produced by a small pool of manufacturers.
The world doesn't have enough semiconductor chips and that’s affecting the related industries. These chips drive our world as we depend more and more on gadgets and move online. The shortage is either driving up costs or forcing companies to cut back on production.