Wrestling with Walloping Wastage

No, this is not just about Municipal Solid Waste (MSW). That is an exhaustive subject in itself. MSW generation levels are expected to double by 2025. Problems in supply chain management, infrastructure capacity constraints and associated costs in Solid Waste Management (SWM) seem to be severely snowballing into increasingly insurmountable proportions. According to a World…

Simply Simple

World we live in today and to a large extent are responsible for having created, is full of complexities. Various kinds of unkind complexities! There are complexities in politics as there are in economies and so there are in trade, banking and commerce as well. There are complexities of one kind in manufacturing a product…

From Dependencies to Cadencies

Any business process comprises various activities and services, co-ordination among which helps achieve the goal of profitability and growth. Activities and processes have dependencies. For example, there is a large number of dependencies in managing supply chain. Every activity in the supply chain is dependent on several factors. Demand variations depend on consumer behaviour. Consumer…

The Growth Vector

India has been declared the sixth largest economy in the world with a Gross Domestic Product (GDP) of USD 2.59 trillion as evaluated by World Bank and USD 2.61 trillion as evaluated by International Monetary Fund (IMF). India displaced France from this position in 2017 and is expected to further climb to the fifth place…

Decisions: Deterrents and Determinants

“Decisions Determine Destiny”, said Thomas Monson, American author and religions leader, considered as prophet by many, who passed away at the start of this year. Aptly and emphatically enough, it summarizes the significance of decision-making in any sphere of activity. Decision-making is dear to some, dreadful to others. While the former enjoy it as a…

Trends in Technology but also in Traffic

There is a lot of talk on trends in technology for supply chain management. Curiosity got the better of me. I started reading, hearing, listening to, absorbing and trying to make sense of what experts meant by Blockchain, IoT (Internet of Things), Robotics, Big Data, Analytics, AI (Artificial Intelligence), Cloud Computing, Immersive Technologies (VR –…