Reliable Delivery
The rapid economic growth of the BRICK (Brazil, Russia, India, China & Korea) nations is riding on the high growth of domestic consumption and relocation of international demand to these emerging nations. The manufacturing segment in India has witnessed fundamental transitions in response to this demand. Overhauling manufacturing processes and systems, importing technology, improving product quality, deploying management principles (LEAN, TPM, TQM, Six Sigma or similar principles) and developing talent are few ground-level actions observed across industries. Significant progress and investments towards higher-value product development and manufacturing excellence will continue to drive business growth in India. An integral component of business excellence is reliable customer delivery. India is ranked 89 th out of 130 countries in the 2015 Global Resilience Index (supply chain category), where India fell 11 spots from the previous year....