monthly archives: January 2019

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IOT in Manufacturing : Benefits, Future and Case Studies

January 17, 2019 Nityananda Rao Entrepreneurship

Business value with IOT in Manufacturing HIGHLIGHTS What is the Internet of Things (IoT) Benefits of IoT in Manufacturing IoT in Manufacturing Case Studies Future of IOT in the Manufacturing Industry Figure: Internet of Things (IoT) connected devices installed base worldwide from 2015 to 2025 (in billions) Source: www.statista.com What is the Internet of Things (IoT) The […]

How to calculate Inventory cost?

January 17, 2019 Nityananda Rao inventory control, Inventory Management

How to calculate Inventory Cost? Below image gives an idea on the components that are required to arrive at the Finished Goods costing and also how to calculate the Inventory costing. Here we are making an attempt to explain the inventory cost and how its calculated etc? Recently we spoke few Customers, who are worried […]