Dr. Nitin Prabhu Kulkarni

https://doi.org/10.64823/ijter.2505004

In an increasingly globalised economy, shifting trade dynamics and tariff structures pose significant challenges for businesses striving to remain competitive. This article explores comprehensive strategies for cost optimisation in response to tariff impacts across the value chain. It outlines practical measures, including local and alternate sourcing, production process improvements, inventory cost control, and labour efficiency enhancements. It emphasises the role of energy savings, real-time operational data, product redesign, and strategic relocation of operations such as nearshoring or reshoring. The article also highlights opportunities for tax and duty optimisation and transportation cost reduction. By integrating these approaches, companies can mitigate tariff-related pressures, improve operational efficiency, and enhance overall cost competitiveness in global markets.

https://doi.org/10.64823/ijter.2504011

Industrial ovens are substantial energy consumers and play a crucial role in influencing product quality. Therefore, enhancing their performance should be a priority for manufacturers. This review outlines an innovative and actionable strategy for enhancing oven performance, with a focus on improving energy efficiency, optimising processes, and promoting environmental sustainability. The proposed approach is divided into three phases: gaining a deep understanding of the product, refining the production process, and optimising process parameters. Key parameters such as temperature, air flow rate, and cycle time are adjusted to achieve energy savings while minimising environmental impact.