Discrete manufacturers and R&D professionals have long viewed product lifecycle management (PLM) as a means to enhance manufacturing and design process management, data integrity and digital mockup. While these capabilities serve as a baseline to address operational challenges, current out-of-the-box solutions lack the maturity to maximize the value of product data and quickly tie it to business decisions.
When pursuing a costly, multi-year business transformation program that will change the way an organization operates, it is imperative to understand the compelling case for change and how it will drive results. We've identified eight key pillars to success to help you get started:
Before firms jump into the space of bigger, more transformative, innovation there are several conversations that need to occur but rarely do. Here are three good conversations that should occur before launching a transformative innovation effort.
True product differentiation is the most sustainable, long-term source of competitive advantage for a retailer or apparel/footwear manufacturer, yet most find it difficult to provide a persuasive business case to get new projects approved and funded. Here are 6 ways to make it easier.
While navigating the ever-changing landscape of regulations, how can large F&B organizations understand how much they’re spending on regulatory compliance and whether that investment is sufficient and effectively allocated?
The cost of cyber-attacks on the global economy is estimated to exceed $6 trillion by 2021, averaging $4 million per company per attack. With such a high price tag, the risks that accompany smart operations may seem to outweigh the benefits. This could not be further from the truth.
Here are practical steps to equip you with the knowledge and insight needed to advance a smart connected operations initiative within your organization.
Smart connected operations allow manufacturers to leverage emerging technology to tap the well of data at their fingertips, creating insights at scale that can be used to improve operational performance and discover new business models.
Lost time. Lost resources. Lost opportunity. These three themes characterize the major sources of waste in any manufacturing site that does not use smart asset management tracking.
Implementing an IoT solution can be a challenging initiative. Implementing an IoT solution within an industry bound by numerous rules, regulations, and restrictions can make it feel impossible.