KIE tips to Manufacturing Industry Professionals

29-08-2024

Importance of semiconductor and an Experiment

Semiconductors are crucial in today’s world as they power nearly all modern electronic devices, from smartphones to advanced computing systems.

Their role in enabling technologies like AI, 5G, and renewable energy solutions makes them foundational to innovation and economic growth.

Its worth watching an experiment or demonstration on semiconductor working, from a YouTube channel MITK12Videos.

This will definitely refresh your learnings.

24-08-2024

Standardization – The path to quality

Implementing standardization ensures that processes are consistent, reducing variability and minimizing errors, which directly contributes to achieving high quality. By following standardized procedures, organizations can maintain uniformity in outputs, making it easier to identify and address any issues that may arise.

Consequently, quality becomes an inherent part of the production process, leading to predictable and reliable outcomes.

22-08-2024

Semiconductor Manufacturing process

Semiconductor manufacturing involves creating integrated circuits and microchips that drive numerous electronic gadgets, including smartphones and computers. This process is crucial because it underpins technological progress, influencing fields such as electronics, telecommunications, and many other sectors.

Click the link below to watch a video from the YouTube channel ‘Samsung Semiconductor Newsroom’, which explains about semiconductor manufacturing process.

Watch this video to know how semiconductor is made.

20-08-2024

Self learning – One of the most important skill one should have

Self-learning is the capability to gain knowledge or develop skills independently, without relying on formal education or structured instruction. This skill involves determining what needs to be learned, seeking out the right resources, and maintaining the drive to continue learning on your own. In today’s fast-paced world, self-learning is vital as it enables individuals to continuously adapt, improve, and remain competitive in their careers.

Watch this YouTube video, to hear from Elon Musk regarding this.

12-08-2024

Inaugurated Electronics Manufacturing Facility at Thiruvanathapuram, Kerala, India

Systrome Technologies, inaugurated its electronics manufacturing facility at Thiruvananthapuram, Kerala. It will be focusing on telecom and networking products.

Know more

Company Website

06-08-2024

Big data analytics in manufacturing industry

Big data analytics is a technology to analyze enormously large amount of data. Here the quantity and variety of data will be very high compared to normal data.

The information arrived from processing this big data will be highly reliable.

This is a emerging technology in manufacturing industry. More data will be collected, from the system. For eg: more sensors will be provided in a machine to collect data. And this will be processed to provide better information.

Please note the data what we collect is very low now compared to big data concept. We need different hardware and software to process this ‘big data’.

For more information watch this video.

01-08-2024

Tata Electronics upcoming Semiconductor Plant

Tata Electronics is in the process of setting up of a plant for assembly and testing of semiconductor chips, with an investment of INR 27000 Crore.

Location:  Jagiroad, Assam

Start of Production: First phase of this plant will start functioning, from 2025.

Learn more

30-07-2024

Today’s Daily Tip: How to Succeed on Naukri App in Your Job Hunt

Maximize Your Profile Visibility

1. Complete Your Profile:
   • Ensure all sections are filled out.
   • Upload a professional photo.
   • Add a detailed resume highlighting your skills and experience.
2. Use Relevant Keywords:
   • Include industry-specific keywords in your profile and resume.
   • Tailor your job title and skills to match job descriptions.

Optimize Job Search and Applications

1. Set Up Job Alerts:
   • Use job alerts to receive notifications for relevant openings.
   • Customize alerts based on your preferences and qualifications.
2. Apply Smartly:
   • Finds the job which is only suitable to you or matches your skill and apply.
   • Avoid applying for too many positions at once; focus on quality applications.
3. Follow Up:
   • If possible, after applying, follow up with the recruiters (But only one time).
   • Use polite, professional language in your follow-up messages.

Engagement (Most Important)

1. Stay Active:
   • Regularly update your profile with new skills, certifications, or job experiences.
   • Log in frequently to stay active and visible to recruiters.

By following these tips and tricks, you can enhance your visibility and increase your chances of landing your dream job on the Naukri app.

29-07-2024

Understanding GDP in Manufacturing

What is GDP?

GDP, or Gross Domestic Product, measures the total value of all goods and services produced within a country over a specific period. It’s a key indicator of a nation’s economic health.

Simple Example:

Imagine your country has three factories:

• Factory A: Produces $1 million worth of cars.
• Factory B: Produces $500,000 worth of furniture.
• Factory C: Produces $300,000 worth of electronics.

The GDP for these factories is the sum of their production values: $1 million + $500,000 + $300,000 = $1.8 million.

Why It Matters in Manufacturing:

• Economic Indicator: A higher GDP indicates a growing economy, which often means more demand for manufacturing products.
• Investment Decisions: Investors look at GDP trends to decide where to invest.
• Policy Making: Governments use GDP data to shape economic policies that impact the manufacturing sector.

Understanding GDP helps you see the bigger economic picture and its influence on the manufacturing industry.

28-07-2024

Today’s Tip: Understanding Amortization in Manufacturing

What is Amortization?

Hey there! Let’s talk about amortization. It’s a method used to spread the cost of an intangible asset over its useful life. In manufacturing, this is super handy for managing expenses related to non-physical assets.

Amortization vs. Depreciation

You might wonder, how is amortization different from depreciation? Here’s a quick breakdown:

• Amortization: Applies to intangible assets like patents, software, and trademarks.
• Depreciation: Used for tangible assets such as machinery and equipment.

Why is Amortization Important?

Let’s break it down into key points:

• Application: Specifically for intangible assets in manufacturing.
• Purpose: Helps spread out the expense over several years.
• Benefits:
  • Cost Management: Avoids large upfront costs by spreading expenses over time.
  • Financial Planning: Helps with accurate budgeting and forecasting.
  • Compliance: Keeps you aligned with accounting standards.

A Practical Example:

Imagine your manufacturing plant invests in a patent for a new technology. Instead of taking a big financial hit all at once, you amortize the cost over the patent’s useful life, say 10 years. Each year, a portion of the cost is recorded as an expense. This way, you manage the financial impact gradually.

Why It Matters:

Understanding amortization is crucial for managing intangible assets effectively. While it’s not used for machinery (that’s where depreciation comes in), knowing both concepts ensures you’re covering all your financial bases. This balanced approach leads to better financial health and stability for your manufacturing operations.

Watch this video to know more : Video link

27-07-2024

Today’s Tip: Embracing Augmented Reality (AR) in Manufacturing

What is Augmented Reality (AR)?

Augmented Reality (AR) overlays digital information onto the physical world, enhancing our perception and interaction with real-world environments. Unlike Virtual Reality (VR), which creates a completely immersive digital environment, AR enhances the real world by adding digital elements to it.

Difference Between AR and VR

• AR: Enhances the real world with digital overlays.
• VR: Immerses users in a fully virtual environment.

Using AR in Manufacturing

1. Training and Skill Development

• Example: Workers can use AR to access step-by-step assembly instructions overlaid on actual machinery, enhancing learning and reducing errors.

2. Maintenance and Repairs

• Example: Technicians can see virtual guides overlaid on physical equipment, helping them identify and fix issues more quickly.

3. Quality Control

• Example: AR can be used for real-time inspections, highlighting defects or deviations from standards instantly.

4. Assembly Process

• Example: AR can guide workers through complex assembly tasks, reducing mistakes and improving efficiency.

Benefits

• Enhanced training and efficiency.
• Reduced downtime and maintenance costs.
• Improved quality control and accuracy in production.

By integrating AR, manufacturers can optimize their processes, enhance productivity, and stay competitive in the industry.

Watch this video to know how this works : Video link

26-07-2024

Today’s Tip: Leveraging PLI Scheme Insights to Boost Manufacturing in Your Plant

Understanding the PLI Scheme

The Production Linked Incentive (PLI) scheme is designed to enhance domestic manufacturing in India by offering financial incentives based on incremental sales. This approach has successfully attracted investments, increased production, and fostered job creation across various sectors.

Implementing a Similar Scheme in Your Plant

To replicate the success of the PLI scheme in your manufacturing plant, consider the following steps:

1. Set Clear Targets

• Define specific production goals.
• Establish incremental sales targets.

2. Offer Financial Incentives

• Provide bonuses or financial rewards for exceeding targets.
• Implement performance-based incentives.

3. Foster Innovation

• Encourage employees to suggest process improvements.
• Reward innovative solutions that enhance productivity.

4. Monitor and Evaluate

• Regularly track progress against targets.
• Adjust incentives based on performance and feedback.

Benefits

• Increased production efficiency.
• Enhanced employee motivation and engagement.
• Improved overall plant performance.

By adopting these strategies, you can drive significant improvements in your plant’s productivity and align with the broader goals of the PLI scheme.

25-07-2024

Today’s Tip: Understanding the Purchasing Managers’ Index (PMI)

The Purchasing Managers’ Index (PMI) is a vital economic indicator for the manufacturing sector, gauging activity levels of purchasing managers. A PMI above 50 indicates expansion, while below 50 signals contraction. For instance, a recent PMI of 48.5 in the U.S. suggests a slight contraction.

This index offers insights into new orders, inventory levels, production, supplier deliveries, and employment, helping manufacturers anticipate market conditions and make informed decisions.