The term Mittelstand in general refers to small and medium-sized enterprises in Germany that share a common work ethic.Dr M ArokiaswamyThe Mittelstand employs about 78 percent of the German work force and makes up 53 percent of Germany's GDP. There are 3.5 million Mittelstand companies in Germany. India, on the other hand has 63 million MSMEs but over 94% of them employ less than 10 persons. Apart from a handful of large companies like Siemens and Bosch, the majority of German companies operating in India are Mittelstand companies. One common thread running through these enterprises is their high spends on R&D in quest of innovation. These companies have also whol...
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Intralogistics – Optimising Internal Logistics
Experts debate the process optimisation trends in internal logistics.aIntralogistics – Optimising Internal LogisticsCaptionIntralogistics controls material flow between different plant areas – from incoming goods to warehouse, production areas and final assembly to order picking and shipping. It covers every dimension of logistics within the four walls related to implementing, managing, monitoring and optimising materials handling and information flows. By optimising the integration of information processing with the latest material handling technologies and software achieves optimal productivity for both manual and automated systems. The Covid pandemic has dr...
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