The trade magazine on Efficient Manufacturing
Questions for Editorial Advisory Board comments
A view from abroad:
Changes in Indian Economy is often described as analogous to the movement of the elephant – slow, steady and often aimless!The slow and steady nature of the changes in Indian economy is often seen as a welcome and reliable opportunity, compared to the rapid and volatile changes elsewhere. However the aimless nature of the economic changes in India, often mask the gradual and sustained growth of the middle class in India and their growing consuming power. It is this internal capacity for consumption by the middle class that bodes well for the long term sustained growth of the Indian economy and in turn its manufacturing base.
It is doubtful if the manufacturers who are committed to this domestic consumption alone, can ever compete in the global market. There is a term used such as “best in class for India”, which suggests a lower level of quality, precision, reliability acceptable to the Indian market and its internal customers. “Good is good enough and best in class is for the imported items” mindset has to change, for the Indian manufacturers to compete in the global market place. While the US manufacturing is showing signs of improvement, there is a depleted manufacturing base thanks to relentless outsourcing and off shoring for the past three decades. This has created a void for precsion components, accessories, tooling and machine tools for many critical manufactured goods. While small and medium manufacturers in US will strive hard to regain this void, there could be an unique set of opportunities for Indian manufacturers with world class quality in their veins.
Dr. K. (Subbu) Subramanian
President, STIMS Institute Inc., USA.
(A Knowledge Integration Company).
US manufacturing output has bounced back in February 2013, the latest signal of strength in an economy that is showing clear momentum after a near-stall at the end of last year. Industrial production grew 0.7 percent last month, as per the Federal Reserve. Economists expected industrial output to rise 0.4 percent. However, manufacturing output rose 0.8 percent during the month, snapping back from a decline in January.
Similarly, showing green shoots of recovery, Indian industrial production inched up 2.4 per cent in January mainly due to perk up in manufacturing output and enhanced power generation.The factory output, as measured by the Index of Industrial Production (IIP) had grown by 1 per cent in January 2012.
With these clear signs of recovery in the US & Indian manufacturing output, do you see India’s manufacturing furthering on a positive note in 2013-14?
Please reason your expectations & recommendations in about 200 – 250 words.
Please see the link below for the program announcement for a short summer course at MIT on TRIBOLOGY. I teach sections of this course together with my distinguished team of colleagues and friends
One day Seminar on
Transformational Skills for Advanced Manufacturing
Dr. K. (Subbu) Subramanian
President, STIMS Institute
Lexington, Massachusetts, USA.
IIT – Chennai, India
February 24, 2012.
All manufacturing companies across the globe face two parallel needs:
- Create and implement “New Solutions” for step change or large scale improvements
- Execute tasks (with minimum demand for technical/professional skills) to replicate known manufacturing processes and solutions for incremental or continuous improvement in cost, quality and service.
The rapid growth of manufacturing sector in India has substantially benefitted from manufacturing process solutions already available from across the globe and replicating them. But, there is an increasingly growing need to develop Advanced Manufacturing solutions whose implementation in shop floor will create a large scale impact. This is very essential for long term vitality and competitiveness of these companies and to many of their suppliers such as Machine Tool manufacturers, Tooling suppliers, and component fabricators, etc.
Skills required for advancements in manufacturing solutions are always a hybrid between Academic Knowledge and Industrial Know-how. They also require active collaboration across many industries and suppliers. Investments required for new manufacturing process solutions are always high and hence seen more risky. Above all, they require people who can identify new opportunities and Transform them into solutions of commercial impact. These Transformational Skills for Advanced Manufacturing will require formal education for manufacturing professionals with sound academic background and proven track record of success in their current industrial profession.
This seminar addresses the following questions to benefit those engaged either directly or indirectly in manufacturing of products.
Ö What are the emerging needs for competitiveness of Manufacturing Companies and Industries in the global market place?
Ö Need for “New solutions” that create a step change Vs. Current practices of lean and Six Sigma?
Ö Transformational Skills necessary to identify, create and implement advanced manufacturing solutions.
Ö Education and Training programs required for Transformational Skills for Advanced Manufacturing?
This meet will provide an opportunity to share the views of practicing engineers/managers with the speaker who has been engaged in addressing the issues with his vast experience in the manufacturing field. The participants are encouraged to bring a set of identified needs that are relevant to their company. This seminar specifically looks at the needs of professionals and their requirements pertaining to education and skill development for grooming them into successful and high potential employees. There will be an opportunity to discuss these needs in a group setting as well as one-on-one with the speaker and other faculty members during this seminar.
A system approach to manufacturing
You will find here excerpts from an interview with
Dr. K. (Subbu) Subramanian, President, STIMS Institute Inc.
• What should be the ideal strategies to survive, succeed and achieve competitive excellence in today’s volatile global economy?
• Tell us more about your program with IMTMA to train manufacturing professionals at all levels?
• What should be the role of a CEO in strategy and planning towards operational excellence?