Manufacturing Industry Trends for 2023

Despite an unsteady economic climate, the manufacturing industry has continued to exceed expectations and showcase favorable trends for 2023.

According to a monthly survey, India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions.

Let us look at what we can expect in manufacturing trends 2023

IIoT still reigns supreme

When we looked at trends back in 2022, IIoT and the digitisation of the manufacturing industry emerged as a major trending theme. 2023 will not be very different, as we move into the future of manufacturing with Industry 4.0

It is said that nearly 70% of light-duty trucks and cars will be connected to the internet.

And according to forecasts, the market share for connected automobiles will represent 39% of all 5G IoT endpoints

The spotlight shines on Procurement as a Service

As technology like IIoT, AI etc matures, it also becomes more affordable and accessible, with reliance on digitization to to execute everything, including sourcing & procurement tasks.

Thus making procurement as a service popular throughout the globe.

The global procurement as a service market size was estimated at USD 6.15 billion in 2022 and is expected to reach USD 6.49 billion in 2023.

Predictive maintenance gets smarter & more efficient

Predictive maintenance evolves in a new direction in manufacturing trends  2023.

Manufacturers are now moving from predictive maintenance towards predictive resolution.

  • Predictive maintenance uses data analysis to identify anomalies in an equipment's performance,
  • Predictive resolution takes this concept one step further by offering insights on exactly how to resolve those issues with greater certainty thus reducing frequent interventions.

Better Production Efficiency using Digital Twins

A digital twin is a replica of an equipment or a particular component in appearance & functionality, that is rendered within a virtual environment.

Market Strategies, Challenges & Future Outlook, 2019-2023 forecasts that Digital Twin revenues from manufacturing will reach an estimated $4.5 billion in 2023, up from $1.4 billion in 2019.

Employees Seek More Favorable Working Conditions

Given the current state of the market, Manufacturing employees have more leverage thanks to technology, now more than ever before. 

From flexible hours to advancement opportunities, workplace wellness programs, we’re seeing manufacturers implement new programs & policies to change how they manage operations.

Health & safety, of course remains a top priority for manufacturers everywhere. 

To learn more about the trends in the manufacturing industry, head over to our LinkedIn page

Sustainability: The Future of the Agricultural Industry in India

Double food production by 2050 for population, income growth. Focus on sustainable, cost-effective tech for environmental protection and sustainability.

India has long been associated with agriculture and farming & the agricultural industry continues to contribute significantly to our country’s GDP (20.19% in 2022).

In fact, agriculture is a way of life & livelihood for most Indians & our history is deeply intertwined with celebrating agriculture & harvesting.

As the first of the harvest festivals roll in, we briefly look at its origin.

A brief history of harvest festivals in India:

Harvest festivals in India are celebrated to mark the end of a crop cycle and the beginning of a new one. They are a way to honour the hardworking farmers for their labour and dedication to the land.

The harvest festivals take place around the time of the main harvest of a particular region based on their climate and crops starting in Jan with Makar Sankranti, Pongal, Uttarayana, Lohri, and Magh Bihu or Bhogali Bihu, Holi in February–March, Baisakhi in April and Onam in August–September.

There are numerous other harvest festivals in India like Basant Panchami, Bhogali Bihu, Wangala, Nuakhai, Gudi Padwa, Nabanna, Ugadi etc with each region celebrating in its own unique way.

For farmers in India, these festivals provide an opportunity for them to sell their produce and make a profit.

Harvest festivals celebrated in India, but sustainable sourcing still a concern.

Embracing Sustainability in Supply Chain Management:

Sustainable sourcing in India through organic farming, integrated pest management, and resource conservation.

But, these practices of sustainable sourcing have been tough to scale up, especially since India has a large population

2022 was an especially challenging year for the global food system that exposed the structural weaknesses when faced with challenges such as extreme weather conditions, supply-chain disruptions, geo-political tensions, international conflicts and food wastage in the face of the pandemic COVID-19.

India ranked 107th in GHI 2022, highlighting urgency for sustainability solutions to hunger and food security.

Before we proceed, let us look at the current challenges in terms of sustainable sourcing & sustainable agricultural practices, starting with agricultural supply chain disruptions

Agricultural supply-chain disruptions refer to the interruptions in the flow of agricultural goods from the producer to the consumer. Disruptions caused by natural disasters, transportation, labor shortages, and consumer demand changes.

Other major causes of agricultural supply-chain disruptions in India include

  • Lack of proper infrastructure and logistics. Rural areas in India still lack proper roads, storage facilities, and transportation networks, which can make it difficult to get products to market leading to delays resulting in spoilage of produce. 
  • Lack of coordination and communication between different actors in the supply chain. This can lead to mismatches between supply and demand, resulting in a surplus or shortage of products. Additionally, the lack of transparency and traceability in the supply chain can make it difficult to identify and address problems.
  • Pollution and extreme weather events like droughts, floods and landslides can damage crops thus affecting transportation and logistics, ultimately resulting in supply-chain disruptions.

To understand the landscape of sustainability in farming better, we spoke to Ajit Narra, founder of  FarmChakra, India's first crop investment product for sustainable farming.

FarmChakra Team in a farm

Q1: What are the top polluters or distorters in the Indian agricultural sector in 2023?

A1: Indian agriculture contributes to pollution and degradation with major sources of pollution. Some of the top polluters or distorters include

  • Soil degradation due to excessive fertilizer use and not practising regenerative farming to conserve the soil i.e. Monoculture cropping, the practice of growing a single crop year after year in the same field can lead to soil degradation and reduced crop yields.
  • Crop stubble burning: A practice in which farmers burn the leftover straw and stalks of crops (stubble) after harvest. This practice is common in states across India. It has a number of negative impacts such as
    • Air pollution
    • Soil degradation
    • Greenhouse gas emissions
    • Loss of biodiversity
    • Reduced soil moisture
    • Reduced soil fertility etc. 
  • Post-harvest loss due to lack of common processing facilities: Some of the key ways that lack of processing facilities can lead to post-harvest loss include:
    • Lack of storage facilities: Many farmers in India lack access to proper storage facilities, which can lead to the spoilage of crops due to exposure to heat and moisture.
    • Lack of transportation infrastructure: Poor transportation infrastructure can make it difficult for farmers to get their produce to market in a timely manner, leading to spoilage and loss.
    • Lack of value-added processing: Many farmers in India lack access to value-added processing facilities such as canning, freezing, or packaging, which can lead to reduced income from their crops.

Polluters and distorters harm the environment, addressing needed for sustainable ag in India.

Q2: What are the top scalable solutions to ensure sustainability? 

A2: The top scalable solutions to ensure sustainable farming practices include: 

  1. Provision of post-harvest management solutions: Mitigation of wastage, and ensuring the safety of the produce until the last-mile delivery, has become important and Agritech is at an evolution stage
  2. Risk management solutions for farmers

FarmChakra provides a unique solution for risk management

  1. Crop stubble value creation: What needs to go right for us to drop burning from 30% to 10%?
  • Suitable equipment: We need equipment to lift bales that can work at scale without labour involvement. We also need seeders that work in clayey soils etc. 
  • Expertise in growing a variety of crops: As our expertise in growing increases we will be able to target crops that have suitable planting windows that buy us time to deal with the stubble. No market linkage challenges for our current scale.
  • No last-minute weather surprises: Field moisture conditions need to be carefully monitored before harvest to ensure that there is enough moisture for the decomposers to work properly.

Q3: What is Farmchakra’s vision & how do you plan to scale in the future? 

A3:By taking a planet-first and people-focused approach, Farm Chakra is advancing modern which supports sustainable farming for a better world. The company is constructing a portfolio of farms that follow environmentally friendly practices and produce crops without any residual substances

Sustainable farming also for efficient, high-quality produce. 

Enhancing yields with science and farming experience

Farming is rewarding – mentally, spiritually, and financially. But it is not without risk: it requires serious investment, crisp execution, and systematic experimentation. We are confident that over time we will be able to create value for our crop investors and the community.

We appreciate the insights shared by Ajith & the team at FarmChakra - learn more about them by visiting:

All in all, In 2023 we can expect some significant movement in agri-food industry trends:

  • Agri-financing and sustainability investments will accelerate
  • There will be a huge and rapid shift towards digitization of agriculture for maximising the visibility, sustainability & transparency of food systems 
  • Improved access to resources for sustainable agriculture in India.
  • Better coordination and communication between different players in the supply chain.
  • Nations will build self-reliance and self-sufficiency in food production.

To learn more about the trends in the manufacturing industry, head over to our  website 


Electrical Panel: All You Need to Know


  1. What is the electrical panel?
  2. What are the different types of electrical panels?
  3. Where are electrical panels used?
  4. Characteristics of electrical panels

What is the electrical panel?

The electrical panel is an enclosure that accommodates the main electrical circuitry for a building. It typically contains circuit breakers, fuses, and wiring for the entire electrical system. It is also often referred to as the breaker box, breaker panel, electrical control panel or service panel.

An electrical panel comprises two main categories

  1. Panel Structure
  2. Electrical component

What is electrical panel structure?

The electrical panel structure consists of a box-like structure that accommodates and protects the circuit breakers. Circuit breakers control the electrical system for a building. These electrical panels are usually installed in areas like a garage, basement, or utility closet, and are designed to keep people and property safe from potential electrical hazards.

Inside the panel are several circuit breakers that can be switched off or on to supply or cut off the power to different parts of the building. In larger buildings, multiple electrical panels may be connected together in an electrical network.

What is electrical component?

An electrical component is an object that is used as part of the electrical system. Examples of electrical components include switches, circuit breakers, relays, resistors, capacitors, transistors, transformers, motors, and more. These components are connected together, along with an electrical power source, in order to create an electrical circuit. The components all interact together in order to produce the desired result, whether it is to power a light, activate a motor, or control a device.

Electrical components at a glance.

  • Main circuit breaker
  • Surge arrestors
  • Transformer
  • Terminal blocks
  • Programmable logic control
  • Relays and contractors
  • Circuit breakers
  • Human-machine interface

What are the different types of electrical panel?

There are several types of electrical panels, including

  • Main breaker,
  • Subpanel, and
  • Tandem circuit breaker panels.

Main breaker panels are the most common type of electrical panels, and they accommodate all of the main electrical circuitry for the buildings.

Subpanels are installed as additional circuits or aid in increasing the circuit capacity of an existing electrical panel.

Tandem circuit breaker panels are generally used in small-space applications, as they allow two circuits to be controlled via a single circuit breaker.

What is a circuit breaker?

A circuit breaker is an automatically managed & operated electrical switch that is designed to protect an electrical circuit from damage caused by overload or short circuits. Its basic function is to detect a faulty condition, such as an overload or short circuit and then it acts to interrupt the current flow. Circuit breakers come in various sizes and can be manually or automatically operated.

Where are electrical-panel used?

Electrical panels are used in:

  • Homes,
  • Businesses,
  • Factories; and a variety of other settings.

In residential settings, the panel is typically installed in a garage, basement, or utility closet.

In commercial settings, they may be installed in a dedicated electrical room or equipment shed.

Electrical panels are also found in factories, where they are used to control large, complex electrical systems.

Electrical panels use in factories

In factories, electrical panels are used to control a variety of machines and processes. They supply the power required to operate motors, pumps, and other equipment, and they provide the safety features needed to protect personnel and property. Electrical panels are also used to control lighting, heating and cooling systems, and other utilities.


The primary characteristics of electrical panels are their size, enclosure material, and the number of circuit breakers.

  1. Size: The size of the panel depends on the amount of current it needs to handle and the number of circuits it needs to manage.
  2. Enclosure material: The enclosure material can be metal or plastic, and it must be rated to provide protection against electrocution, shock, and fire.
  3. The number of circuit breakers: Number of circuit breakers in the panel depends on the electrical system's needs; more circuit breakers may be added if more power is needed.

The panel also includes other features, such as the main disconnect switch and grounding busbar.

To learn more, visit our resource centre on the website for the complete rundown on all your electrical panel systems and features.

Assessment Framework for Vendors


At Venwiz, we realise the importance of matching the most suitable vendor for your business requirements. This is why our team undertakes a thorough technical assessment of all vendors as part of our decision-making process. 


We are giving you a sneak peek into the proprietary framework we have created at Venwiz, for vendor assessment. This gives clients a comprehensive view of a vendor’s capabilities to meet specific industrial requirements and their capacity as service providers. 

The assessment commences at the sign-up stage, and continues through the vendor’s lifetime on the platform, with regular follow-ups for addition/removal of information.

This has two main benefits in :

  • Establishes a sense of confidence in our clients, since they have visibility on the thorough process being followed on Venwiz
  • It also enables vendors with due diligence by following our processes, making them “ready-to-onboard” on being matched to a  client. 


A quick review of the 5-step process Venwiz follows for vendor assessment:

[caption id="attachment_732" align="alignnone" width="1200"]A list of steps describing Vendor Assessment The 5 steps of Vendor Assessment[/caption]

To evaluate your supplier framework, you can explore our platform.

Plant-Based Meat Industry in India: World Pulses Day Focus

Featuring an exclusive interview with Blue Tribe Foods

The UN General Assembly announced the observance of World Pulses Day back in 2013, The idea was to recognize the contribution of pulses towards achieving the 2030 Sustainable Development Goals (SDG). 

Pulses are recognized for their nutritional value, environmental benefits and food security. They play an important role in climate change mitigation as they can decrease dependence on artificial fertilizers by introducing nutrients such as nitrogen into the soil. 

Legumes & Pulses also improve the fertility of the soil and soil biodiversity, keeping harmful pests away. Additionally, pulses have a broad genetic diversity making them climate-smart, meaning they adapt to changing climates and more varieties can be made climate-resilient. 

Pulses are among the main sources of protein for people who don't consume meat, which brings us to the focal point of our article on the growing plant-based meat market & manufacturing. 

Rise of Plant-Based Meat in the world: 

While the existence of plant-based meat alternatives can be traced back to the 70s in the US, it has seen rising global popularity. There are several reasons people are opting for alternative sources, with climate change and environmental reasons being on top of the list. 

Globally there are companies like Beyond Meat, Impossible Foods and many others using science to manufacture and produce plant-based alternatives that taste and function like real meat while reducing the impact on the environment. The global plant-based meat market is set to grow to $23.2 billion by 2024, market research company 

India isn’t far behind on the transition towards adopting plant-based meats. As a country with a large vegetarian population, we are no strangers to using pulses & legumes as part of our daily food. The major focus for the plant-based meat market was on creating alternatives to replace or substitute meat and now India has over 20+ major plant-based meat brands with the numbers steadily growing. 

Blue Tribe Foods, Good Dot, Wakao, Imagine meats, Vezlay, Urban Platter, Veggie Champ, Shaka Harry are just a few pioneers in the space. 

Large corporations are also looking into entering the plant-based protein market, amid market pressure and changes in consumer behaviour. 

ITC enters plant-based meat market, citing GFI India's research. 63% of urban non-vegetarians would buy plant-based meats regularly.

GFI India identifies India's potential as a sourcing and manufacturing hub for alternative proteins due to its agricultural and industrial prowess.

Plant-Based Meat Manufacturing in India: 

India is one of the largest producers of protein-rich food grains such as pluses. The production of pulses (tur, urad and other lentils) across India were estimated to be at around 25 million metric tons in FY -21. 

With respect to the technologies required to capitalize on these opportunities, a variety of well-understood and related food processes already exist. This allows plant-based meat manufacturers to take a template-based approach for raw materials and overall processing systems. 

Extrusion exemplifies wide use in producing cereals, puffed snacks, bars, and pastas, and it serves as a key platform in producing plant-based meat. Interview with Blue Tribe Foods: A  Plant-Based Meat Startup

Blue Tribe Foods is a pioneer in plant-based meat products in India. They recently saw Virat Kohli & Anushka Sharma join them as investors and brand ambassadors. To know more about Blue Tribe Foods you can visit their website

We spoke with Mr. Sohil Wazir, their Chief Commercial Officer, about the plant-based meat market for an insider perspective. Continue reading the interview below: 

1. How did you decide to enter the plant-based meat space what were the influencing factors?

Environmental reasons:

Industrial animal agriculture causes 18% of human-generated carbon emissions; shifting away from meat is crucial to secure the planet's future.

Nutritional reasons:

Even from a resources standpoint, getting food from animals is about 8 times less efficient per calorie than getting it directly from plants. Not to mention the land and water usage which puts stress on indigenous food systems.

They set the pitch!

2021 saw the launch of plant-based meat as a mainstream food option, with a slew of new products hitting the Indian market which mimic meat in taste, texture, mouth-feel and even close the gap on nutrition through strides in technology. These products are trying to bridge the gap between what tastes great, and what's good for the planet.

 Blue Tribe is our effort to make plant-based meat products for the Indian taste palate, moving away from beef imitations, which are the norm for most western markets.  

2. How is the current market for plant-based meat and how is the market expected to shape up in the future?

Currently, western markets have an established presence of plant based meat products. In India, this category is still in its infancy, but has come a long way in the last couple of years. With more people and celebrities investing in the space, the industry is bound to grow at a breakneck pace.

Until recently, plant-based meats were a fringe food item, consumed mainly by vegans either at home or at vegan restaurants. Now, every restaurant has some options available for its clientele. It has become more mainstream, and will continue to do so as demand grows. 

3. What is the manufacturing process? (We would like to understand how mechanised it is, what are some common production bottlenecks, etc)

For manufacturing, we leverage existing technologies and adapt them to fit our production needs. The primary process used is low moisture protein extrusion. A step-by-step breakup is below:

  • Extrusion transforms ingredients such as biopolymers (inputs) into a continuous semi-solid (output). To conclude this process, a screw system within a barrel transfers mass (a combination of dry ingredients, water, and/or oil) through a die (small opening).
  • The mass is then exposed to a combination of parameters, including heat, mechanical energy, pressure, and moisture etc. 
  • The continuous fluid passes through the extruder according to its specific parameters, exits a die, and is cut into various lengths. 
  • Post-extrusion, the output is semi-solid and retains moisture. Wet Textured Vegetable Protein (TVP) output will go through marination, coating, and/or cooling steps. To create dry TVP, the product will pass directly from the extruder onto a conveyor, and then into a dryer. 

The type of machines we use also depend on the output we want to produce i.e. Chicken nuggets, sausages, keema etc. 

One of the major production challenges we faced were in acquiring flavours, which were not readily available in the Indian market. To combat this, we plan our production volumes at least 6 months in advance. Planning this far ahead means that any change would take time to implement. 

Production challenges remain, but lead times reduced. More vendors available. Continuously seeking improvements in production. Our goal is to achieve price parity with meat, in order for us to be a true substitute. 

4. What are the warehousing and cold storage requirements like for your industry? 

Currently, we are renting out cold storage for our purpose. We need to have decentralised, city-wise cold storage to be able to service the market quickly. 

5. Also please tell us briefly about the infrastructure available in India for such industries.

We are currently piggy-backing on infrastructure used for ice creams, as they also fall into the same frozen category. This has very poor infrastructure outside of the key 25-30 cities. So scaling beyond these is proving to be a problem

6. Is there a need to engage with food consultants? What would be your advice in this respect for other food start-ups in lieu of this?

We have an in-house R&D consisting of both food scientists as well as a chef who work in tandem to develop the products. This category is going to need a lot of innovation to be able to match taste, format, availability and pricing. 

7. What are the testing and certification requirements? How does one go about this - Where to go/timelines/ resources required in the process?

There are multiple agencies that can provide vegan and vegetarian certifications. For exports, regions require a few more certifications that vary.

To access additional captivating articles and resources, visit our LinkedIn page through this link!

Data sources: Bloomberg, Euromonitor  &CNBC, Statistical research department, GFI India & BlueTribe Foods

IIoT as a service: How IIoT can be used to improve asset monitoring and logistics tracking

Over the past couple of years, the shift towards smart manufacturing or Industry 4.0 or IIoT has been evident. This has allowed for higher optimization of manufacturing processes, human & machine safety, asset tracking and data-driven process optimisation. 

What is Industry 4.0? 

Simply put, Industry 4.0 is the new phase in Industrial Revolution that concentrates on automation, machine to machine interaction, real-time data, machine learning, augmented & virtual reality and other cutting edge technologies in manufacturing. Industry 4.0 technologies comprise of IIoT and smart manufacturing. 

What is IIoT?

IIoT is the industrial internet of things. It uses technologies such as smart sensors or actuators to upgrade manufacturing and industrial processes. It is a network of intelligent devices that are connected to form what are known as ‘systems’. These systems monitor, collect, collate, exchange and analyze data. IIoT relies on using the power of smart machines that provide real-time analytics and data. Using IIoT, manufacturers can

  • Capture and analyse data in real-time
  • Communicate important information to drive business decisions 
  • Receive faster and more accurate data to improve their response

With the use of IIoT, manufacturers are able to pick up on inefficiencies quicker thus saving themselves time and money. 

Challenges faced by Manufacturers 

In today’s VUCA (volatile, uncertain, complex and ambiguous) world, manufacturers are faced with a multitude of challenges 

  • Lack of actionable insights 
  • Manual processes
  • Production mapping between different units.
  • Inefficient asset Monitoring & tracking of assets
  • High operational costs
  • Unplanned outage or breakdown
  • Delay in analysis and decision making  
  • Communication delays and longer response times etc. 

To deal with challenges, IIoT can help organisations.

Also Read: How to effectively initiate your Vendor Management process

It is crucial for any manufacturing organisation to use assets (including facilities, equipment, systems etc), not just effectively but efficiently. Optimised use can reduce the operating cost of the assets. In addition, measures taken to reduce unplanned outages of the assets provide uninterrupted production lines.


Benefits of IIoT

One of the primary benefits of having IIoT-enabled data systems is that it empowers manufacturers to improve operating efficiencies - which as per the study conducted by IBM is ranked among their greatest priorities. Some of the other benefits include

  • Centralized and accurate monitoring: This enables more control on the processes and performance can be monitored from anywhere. It could be monitored from the manufacturing floor or from thousands of miles away. 
  • Efficient use of resources and thus optimisation in operating cost
  • Predictive maintenance can be scheduled reducing maintenance costs and well as reducing downtime, thus increasing productivity
  • Decision making can be based on data and analytics - IIoT promotes learning for the future
  • Faster response time to events minimises risk and liabilities
  • Increase efficiency: As mentioned above, increased efficiency is one of the largest benefits of IIoT and it provides manufacturers with the ability to automate, and thus optimize their operating efficiency. 
  • Reduced errors: By incorporating IIoT, manufacturers can drastically reduce the risk of human error, which according to a report by cyber security trends, accounts for nearly 37% of all security incidents. 

Future Trends 2022 for IIoT


Also Read: 8 Trends in Manufacturing Industry that are Dominating in 2021

One of the best ways to understand the concept of IIoT and smart manufacturing better is to think about how it could be applied to your business. An IIoT case study can help illustrate the same and help you understand the value of Industry 4.0 at a manufacturing operation. 

Here are two case studies by Venwiz vendors Syook & YuDash 

Case study in collaboration with YuDash

Uninterrupted and clean power is the lifeline of any manufacturing unit. While the power situation has improved significantly in recent years. Factories with continuous operations still have to deploy UPS for uninterrupted power.

Following Murphy’s law, even the best UPS systems, sometimes break down on the most crucial days. This causes production delays, financial loss, frustration within the team and friction with vendors.

The challenge: 

Clients of YuDash, “Garg Associates Pvt Ltd”, manufacture high-performance wire cable, thus any power cuts for them would lead to high production loss.

The solution: 

YuDash solves this problem through Yureca which is a self-contained IIoT solution that provides preventive alerts, real-time monitoring and health insights of the UPS. The alerts can be on-floor alarms, email, SMS or even SOS phone calls. The solution can be implemented by both factory owners and UPS manufacturers and resellers. It is used for critical utilities (like Power quality equipment and Gas generation Plants). In one use case, Yureca was being used to monitor an oxygen plant at a hospital. Critical parameters like oxygen purity, power consumption, runtime are monitored to detect faults and potential leakage helping manufacturers take preventive actions.

 Yureca monitors and pre-empts UPS breakdowns and thus can be used by manufacturers to plan ahead.

This technology is also being used by clients in the IT & Banking sector.

The Outcome

Yureca was the perfect a solution for manufacturers looking for remote monitoring and control of their assets. Using this solution ensured preventative action thus saving them loss of resources and money. It also ensured safety of assets.

Case study in collaboration with Syook: 

Logistics tracking via IIoT 

A leading FMCG manufacturer had an issue with identifying and tracking the location of their trucks, which resulted in disruptions. Read about how Syook was able to provide an effective solution. 

The challenge: 

Due to the number of checkpoints and locations, the truck’s wait time inside the premises increased. This lead to cascading effects, resulting in 

  • Delays in production cycles, 
  • Delayed dispatch of final goods etc. 
  • Increase in the trunk rentals 

The movement of goods is among the key aspects of revenue generation for most manufacturing setups. As a manufacturer, you cannot operate without the inward movement of the raw materials and cannot generate revenue until the FGs are dispatched. As a warehouse operator, you cannot generate revenue without the inward and outward flow of goods.

The solution: 

Upon speaking with M/s Syook, the FMCG manufacturing company and the team at Syook studied the entire logistics flow. Syook was able to quickly suggest the implementation of their in-house technology known as TiTo - Truck-In-Truck-Out for the manufacturer. 

TiTo is an industrial  IIoT solution that is used to monitor the location of trucks and drivers for managing in-plant logistics and SCM (Supply chain management) at factories and warehouses. With the implementation of TiTo, there is a drastic improvement in the TAT(Turn around Time).

The Outcome: 

The delays were drastically reduced with visible improvements in the average TAT after 30 days. The FMCG manufacturer saved upwards of 90mins using the technology. They were able to

  • Handle more trucks
  • Improved productivity
  • Lower Logistics Costs
  • Lower Carbon Footprint
  • Reduce NVA 
  • Faster Deliveries

    Discover suppliers offering IIoT-integrated applications through Venwiz by accessing this link!


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