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19 Sep 2018 CII MSME CEO Summit 2018 | 19th September 2018
Mr. R. Natarajan, Managing Director of EGS India Pvt Ltd participated in CII MSME CEO Summit 2018 – Enabling Business Owners for the Future.
@ CII Summit Mr. R. Natarajan presented a topic on Digital transformation-benefits of industry 4.0 which briefs about the Cost, Time and Quality are the 3 factors that influence Growth and Profitability of Engineering Industries. Presentation emphasizes on the importance of Digital Transformation of the Indian Manufacturing Industries in order to benefit from Industry 4.0 initiatives.
Data obtained from ERP, PDM and Project Management Software Tools need to be used for arriving at Product and Service Costs. Prioritization of Business Strategies in terms of Cost and Differentiation (Product / Services) is highlighted. Product Realization Strategies for Higher Revenue while keeping the Costs under control is discussed in the Presentation.