Digitalization: Making the Metals and Mining Industry More Agile and Efficient

Digitalization: Making the Metals and Mining Industry More Agile and Efficient

The metals & mining industry forms the core of industrial development as it provides elementary raw materials for most of the downstream industries like power, steel, cement, aluminum, etc. The metals and mining industry has been dogged by several persistent issues like geological uncertainty, market volatility, operational hazards, etc. Though miners have been one of the early adopters of technological or digital advances most of those digital efforts were on improving operations and not process-oriented areas such as procurement and supply chain. As a result, even the digital leaders of the industry are relatively 30% less digitally mature as compared to their counterparts in the chemical and automotive industries. 

According to a DAI survey, manual and fragmented procurement cycles are still a norm in nearly 75% of companies.   

A paradigm shift in Fashion Industry is connecting the loose ends

A paradigm shift in Fashion Industry is connecting the loose ends

How unpredictable can things get in the fashion industry supply chain? In 2019 India’s fashion and apparel industry was projected to grow to $59.3 billion by 2022. And then, the COVID19 pandemic struck. Now with the end of the pandemic in sight, the Indian fashion industry has bounced back better to reach revenues worth $87.6 billion in 2022 and is estimated to grow to $102.6 billion by 2026. What explains the roller coaster ride that the Indian fashion industry supply chain is on? Outlined below are some risks and the inherent opportunities in addressing them: 

Demand Diversity Across Geographies, Cultures, and Time: Fashion choices can change depending on geography, culture, and time of the year. To elaborate, people in cool climates prefer jackets, coats, gloves, scarves, earmuffs, and warm undergarments. 

Energizing India at 75 The Renewable Energy Supply Chain Transformation We Need to Fight Climate Change

Energizing India at 75 The Renewable Energy Supply Chain Transformation We Need to Fight Climate Change

Back in December 2021, while writing an article for guest column of a leading business tabloid soon after the COP26 Glasgow Summit on climate change, we had commented on the next steps. 

Our observation was that supply chain transformation will enable the smooth reconfiguration of value to reflect the real reprioritization of climate change in corporate value chains and value systems.  

Governments will start clearing out carbon content from the supply chain, manufacturers will have to roll out innovative solutions with speed and scale to cash in on the opportunities. Everyone will have an active role to play.  

The time for such a supply chain transformation has come. What makes each one of us at Moglix Business so confident about the renewable energy supply chain transformation? The answer to this question is in the e-book “Energizing India@75: The Renewable Energy Supply Chain Transformation We Need to Fight Climate Change”.  

The Future of Renewable Energy Supply Chain in India; Digital and Made to Order for Agility at Scale 

India’s next generation renewable energy mix to fight climate change will require a whole new approach to handling the manufacturing supply chain. From supplier capability mapping, quality management of made to order equipment like solar PV modules, solar PV cells, wafers/INGOTs to poly silicon, and monitoring work in progress, everything should come together on digitally integrated ecosystems and centralized data governance platforms.  

It will ensure that all stakeholders in the ecosystem like IPPs, EPC companies, OEMs, MSMEs, lenders, and investors are relying on the same numbers to look from their respective vantage points.  

Energizing India at 75: The Significance of the E-Book 

We have tried to answer some difficult questions in this e- book. These include answers to the lenders’ checklist for offering credit to independent power producers, the debt equity ratio for such projects, and which sector offers the greatest incentives to IPPs?  

True to the best of our knowledge, we believe that solar PV projects have an advantage. We have therefore done an end-to-end value chain analysis of the solar PV projects. 

Moglix expands its distribution footprint with 100 % acquisition of ADI India

Moglix expands its distribution footprint with 100 % acquisition of ADI India

India’s B2B e-commerce and digital supply chain solutions pioneer, Moglix today announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo Technologies, Inc.  

Moglix has acquired ADI’s India distribution business with an aim to strengthen its product portfolio across video surveillance, access control and fire control products. Moglix will integrate all ADI India’s offerings, sales partnerships, on-ground assets and the workforce into its global supply chain ecosystem. With this acquisition, Moglix is leveraging the capital and expertise to further scale up the assortment strength, and category depth of the company’s catalogue by 2X. 

“ADI India’s addition to Moglix ecosystem enables synergies through their on- ground customer touch points and distribution footprint combined with our asset-light digital-first approach and touchless supply chain processes.”,

adds Partha