The world manufacturing landscape is changing very fast. Future markets will favor manufacturers that demonstrate responsible behavior with regard to energy usage, waste disposal and recycling. To compete, future manufacturers must maximize economic value-addition, intellectual operation as part of a larger ecosystem of linked environmentally responsible global manufacturing methods.Industrial Engineering
In an effort to achieve a competitive advantage via cost reductions and improved market responsiveness, organizations are increasingly employing outsourcing as a major component of their supply chain strategies. Outsourcing refers to the practice of a firm entrusting to an external entity the performance of an activity that was erstwhile performed in-house. The outsourced activity could either be the manufacturing of a good or the performance of a service. Outsourcing to third party firms based in other countries is commonly referred to as offshore outsourcing. Offshore-outsourcing entails the service being conducted by sub-contractors in other countries, who are not employees of the organization. Offshore outsourcing refers specifically to using an independent supplier outside of the country of client’s organization.Energy and Thermal Engineering
Energy consumption in the built environment has become a significant issue on a global scale. Escalating energy costs and environmental concerns have made energy use optimization a viable option for buildings. With more number of commercial office buildings coming up, requiring large amount of energy in Heating Ventilation and Air Conditioning system amounting to nearly 30% - 40%, there is an urgent need to mitigate this ever increasing energy crisis.Advance Materials & Tribology
Advanced materials refer to all materials that represent advances over the traditional materials that have been used for hundreds or even thousands of years. From this perspective, advanced materials refer to all new materials and modifications to existing materials to obtain superior performance in one or more characteristics that are critical for the application under consideration.
Advanced materials typically have properties that are superior to and outperform conventional materials in their applications. The development of advanced materials is associated with the generation of new knowledge and intellectual property (IP). The development of advanced materials can even lead to the design of completely new products. Advanced materials may also be remarkably adaptable.