Page 29 - ITLN January - February 2024 Issue for the Website

in recent years from a strategic Rahul Mehra
standpoint, Hirendra Digvi, Executive Roadcast
Director of Divgi TorqTransfer Systems,
emphasizes the importance of
economic and geopolitical protection in
the current scenario. He points out
that for the automotive
industry to
thrive, whether
in electrification,
automation,
or other key
technologies,
understanding
the current
position and
sources of
technology is
crucial. Digvi
highlights the
necessity for
supply chain
security,
stating, "No investor would buy the platform. “Unlike before, now you
strategy if I say that I can become can commit to a tentative date for
the number one EV supplier but be consumers by calculating logistics,
70% dependent on China. I must have inventory, and production plans
supply chain security that enables through a single window. This not only
me to make my long-term value enhances the company's goodwill but
propositions sustainable." also offers improved visibility across
JP Mishra, Country Manager- the entire system,” he added.
India at Newland AIDC, a global Mishra contends that RFID
RFID manufacturer, shares insights technology is a game-changer,
from his extensive experience in the empowering businesses to optimize
automotive industry, emphasizing the their operations, build consumer
pivotal role of RFID (Radio Frequency trust, and navigate the complexities of
Identification) technology in enhancing modern supply chains with precision
supply chain transparency and and reliability. “Many individuals in
information management. Mishra the logistics sector hesitate to adopt
these customers deal with supply chain underscores the multifaceted benefits RFID technology due to concerns
issues effectively. These companies also of RFID, explaining how it enables the about increased costs. However, it
possess data of the latest trends and meticulous tracking of components, has gained significant popularity,
changes in the industry and thereby tools, and machinery, thereby particularly in the automotive sector,
help customers to take better and faster substantially elevating operational where the demand for swift deliveries
decisions,” she said. efficiency. In the past, committing to is paramount,” he added.
tentative dates for consumers was Vijendra Singh emphasizes
Tech advancements for a seamless challenging, but with RFID, businesses advancements in monitoring and
supply chain can now calculate logistics, inventory, enhancing visibility within the supply
Reflecting on the lessons learned and production plans through a unified chain through the incorporation of

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