In a world of uncertainty and ever-changing trends, true business houses have to show resilience to survive. As running a business is often compared to waging a war, implementing crucial strategies to win customers as well as market share, most businesses fail to fathom how to turn around from an unseen event. The reason is the lack of a business continuity plan and adopting Digital Transformation.
The landscape of manufacturing has undergone a dramatic transformation in recent years, thanks to the advent of smart factory automation. Smart Factory Automation, also helmed as Industry 4.0. is a revolutionary concept that has ushered in a new era of manufacturing, where advanced technologies converge to streamline processes, improve efficiency, and increase productivity. In this essay, we will explore the various facets of smart factory automation, from its fundamental principles to its real-world applications, and the profound impact it has on the industrial sector. We will also understand, how smart factory automation is making manufacturing units digitalized, creating a paperless office environment.
The landscape of manufacturing has undergone a dramatic transformation in recent years, thanks to the advent of smart factory automation. Smart Factory Automation, also helmed as Industry 4.0. is a revolutionary concept that has ushered in a new era of manufacturing, where advanced technologies converge to streamline processes, improve efficiency, and increase productivity. In this essay, we will explore the various facets of smart factory automation, from its fundamental principles to its real-world applications, and the profound impact it has on the industrial sector. We will also understand, how smart factory automation is making manufacturing units digitalized, creating a paperless office environment.
Modern technology is making all industries operate more smoothly in a cost effective way. This case study focuses on Triumph Ceramics (Triumph) that faced challenges with its traditional fingerprint-based biometric attendance system and successfully implemented out TORK- facial recognition-based attendance system.
An organisation is run by its people. Of all the resources, an organisation employs for its operations, be it money, human resource, machines or process, human resource plays the maximum role in the growth and development of the organisation.
Every retailer must be tracking some measurable metrics to understand the performance of their business. In this highly competitive business environment, until a measurable KPI is set and strived to achieve. Facial recognition in retail helps in measuring these metrics more smoothly with accurate data.
The retail Industry in today’s world is expanding beyond brick-and-mortar store operations. In an attempt to acquire customers both online and offline, retail stores are indeed decking up their online presence as well. The evolution journey of retail started from brick-and-mortar stores to e-commerce.
Climate Change is an undeniable truth and sustainability has become a pressing concern for business houses. In these times, apart from the fashion industry, very few other industries flaunt their sustainability credentials forcefully.
The very first step of profit generation for retail stores starts with well-planned merchandise planning. The retailer’s primary goal is to sell merchandise and services to its end customers to gain profit and create value for stakeholders.
The year 2022 has been full of opportunities and challenges. The retail industry had to face supply chain concerns, the prediction of an upcoming recession, and a shrink in consumer budget, retailers had to achieve more with limited resources.
