Tuesday, August 19, 2008

'Our plan is to firm up the automobile vertical as it is yet to become mainstream'

‘Your scrap is my asset’

With continual improvements in supply chain practices, coupled with the adoption of JIT (just in time) inventory methodologies, it may be logical to expect the elimination of inventory build-up and the problem of surplus inventory. But no, sale of scrap material is an integral part of the manufacturing process, says S. JaganniVasan, founder and managing director of Matex Net Pvt Ltd, Bangalore. “And I believe this will continue to grow,” he adds.

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