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Service or service delivery is seldom the primary concern of manufacturers; their attention is generally limited to the ultimate product.

Digitization and the Internet of Things (IoT) are instigating a fundamental transformation in the operational practices of manufacturers, transcending industries and geographical boundaries.  To differentiate themselves in their respective industries, manufacturers around the world are integrating technological features into their products.

In the realm of manu

Majority of pharmaceutical companies are persisting with decade old processes and routines.  They have transactional relationships with suppliers, lack of concerted efforts to progress ahead, and no vision to reap productivity rewards.  The reasons for continuing with these traditional practices include tax regimes, regulatory hurdles, and stable revenues from customers dependent on existing industry offerings.

Disruption—spurred by technological Innovation, fluctuating customer demand patterns,

Improving Product Development competencies in designers and developers is a concern for senior leaders in the Manufacturing sector.

The approach most organizations take in developing Human Resources does not go beyond staffing the cream of the crop from leading global educational institutes.  Talent Development to them is, typically, sending their people to attend workshops and keeping up with employee annual training hours’ goals, and that’s it.  Companies usually spend more on acquiring latest

Manufacturing today entails immediate yet informed decision making.  However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from time to time.  These issues—if not managed properly and timely—can lead to defects and wastes.

Top global enterprises are utilizing innovation and creative ways to enable prompt decision making.  Specifically, they are using Internet o

The manufacturing operations management software technology has gained widespread adoption across the small as well as medium-sized enterprises worldwide. The technology is a comprehensive process that creates policies and rules to maintain the integrity of production. It also ensures that every employee, equipment, or system works in a streamlined manner. As the technology innovates at a breakneck speed and businesses thrive to work at a parallel pace, manufacturing operations managers play an

As Western companies are being put under increasing pressure to cut expenses and improve return on assets, the dilemma of whether to keep key functions in-house or outsource them has taken center stage.

Manufacturing units are being identified with Make-or-Buy Decisions as third-party suppliers in Eastern Europe, China, and other low-cost regions hold out a promise of significant advantage that companies in developed countries can’t offer.

The Make-or-Buy Decision extends beyond manufacturing. It

Enrique Suarez Presenting:

Robots Will Cut 25% of US Jobs in 4 years, Transform Workforce

Source:

RT

27 August 2015

The encroachment of self-help kiosks and grocery store scanners has led doomsayers to suggest automation threatens the workforce of the future. A new report argues it will create new business sectors and new jobs as well.

By studying large companies in various industries, from Delta Airlines Inc. to Whole Foods Market Inc., as well as many startups, analysts have forecast that automation