... precision maintenance. The system works because of IoT, but also because of an algorithm development and tuning capability that’s based on mechanical engineering principles. The essence of IoT’s contribution is that, unlike traditional maintenance practices, which are tuned only occasionally and according ...
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... since it means nearly infinite SKU counts and impossibly short product lifecycles. On the other hand, for those able to think and work at a systems engineering level it means you’ll be able to make and ship 90% of end-customer value digitally. The Disney example is a paradox because it starts with an idea ...
... blind eye, in part because the value for money of Chinese labor allowed consumers to enjoy good stuff cheap. Meanwhile, however, Chinese currency engineering, IP theft and government-funded technology development have combined to create an economic giant. Standing firm against this giant is a reasonable ...
... sharing enables. 3D printing. I’ve written about this before as an enhancement to service supply chains, product innovation processes and production engineering. Aerospace uses it to make spares and oddball parts. Consumer goods companies use it for prototyping. Industrial firms use it to complement tooling ...
... inversion deals (Pfizer) prove this project has legs. For supply chain leaders who manage global networks of plants, DCs, contract manufacturers and engineering centres, the end game may be more about following the spirit, rather than the letter of the law. Compliance is not enough Traditionally, topics like ...
... Operational Logic Peltz likes to think he takes an operational view of activist investing, rather than just looking at the balance sheet for financial engineering tricks to make a quick buck. He seems to have been right about Heinz, for instance, where his activism took the form of pressing for more marketing ...
... with risk aversion and mitigation and significant concerns with resourcing projects. Respondents noted apprehensions in having adequate staffing, engineering and IT skills, and knowledgeable and experienced people. Combined, these will slow adoption of advanced automation as demand will be constrained ...
... that local market competition favours those who can react quickly to customers’ special needs. Many also want closer ties between manufacturing and engineering. And risks, whether natural or man-made, are better managed by spreading bets around the world. The future of manufacturing is beginning to take ...
... to see Coca-Cola working on this problem alongside the WWF in a real-life example of this. He also said that global warming is really just a big engineering problem and that the best people to deal with it are the oil companies that know most about the technologies involved in managing hydrocarbons. I ...