Roughly 7 in 10 manufacturershave implemented Lean manufacturing principles in their organizations, with 5S, Six Sigma and Kaizen representing the most popular strategies today.
One tool that supports these specific approaches and Lean manufacturing principles more generally is a layered process audit (LPA) program. LPAs draw auditors from all management layers and departments to verify mission-critical processes on a daily basis. Continue reading
In the history of business and manufacturing, automation has become commonplace. In many ways, people have been replaced by machines in the manufacturing, retail, restaurant, and corporate settings.
At the same time, opportunities have arisen for employees who specialize in programming, engineering, and maintenance of machines in all areas of commerce and industry.
So here’s the crucial question: Will automation kill or create jobs? Continue reading
Regardless of the hype surrounding Predictive Analytics, and even the fact there are some excellent and relatively inexpensive tools available, not only has its implementation been weak, but a 2017 Gartner survey found in many areas investment is going backwards. Continue reading
In Part 1: Decoding The RIMS Risk Management Maturity Model, I introduced the first of seven key attributes of the RIMS Risk Management Maturity Model, which was ERM-Based Approach. Here, in Part 2 of Decoding The RIMS Risk Management Maturity Model, I will discuss the attribute number two – ERM Process Management. Continue reading
Who Wins: The Machine or the Human?
There is a huge fear around the globe that:
The Machines Are Coming!
How much is this reality, fear, or over hype?
Upcoming Machine and robot wars are posed this way. Continue reading