"Patience is a virtue."
"If it isn’t broke - don’t fix it."
"Slow and steady wins the race."
One thing I have come to recognize in my 45 plus years in the industry is manufacturers love platitudes. Unfortunately, the culture that evolves over time from this caution becomes so stagnant that ultimately a manufacturer can become uncompetitive.
"Patience is a virtue."
The marketing hype on the Industrial Internet of Things (IIoT) and Smart Connected Devices suggests that this technology will just spontaneously appear in the market and be available for immediate deployment. Data tells a different story though. The LNS “Metrics that Matter” and “IIoT” surveys show there is growing awareness and interest in Digital Transformation and how it will change the way companies operate. However, organizations have made little progress in this direction. In many respects, most manufacturers still need to take the first steps toward Digital Transformation.Read More
In this weekly Roundup, LNS Research explores recent announcements and events, such as IIC's Industrial Internet Security Framework; the new global quality standard for auto industry; a global mining company digitizes global operations; industry-specific PLM approach; and Oracle's acquisition of a supply chain management vendor.Read More
Tags: Supply Chain Management, Manufacturing Operations Management, PLM, Product Lifecycle Management, Quality Management, Quality Management System, IIoT, Digital Transformation, Industrial Internet of Things
Earlier this year, LNS published the core of its executive business case for quality research, which delivered strategies, frameworks, and data to plan, gain, and nurture executive sponsorship for quality. Executive sponsorship is the key to improving quality maturity, because it results in funding, cross-functional engagement and Operational Excellence improvements needed to help companies achieve differentiation.
The infographic below explains why quality needs to build the executive business case, and the six steps to achieving executive sponsorship.Read More
On Tuesday, September 20, LNS Research hosted the webcast, “The Role of Smart Connected Assets in Digital Transformation.” This presentation focused on how Digital Transformation initiatives and enabling technologies from Industrial Internet of Things (IIoT) Platforms enable organizations to evolve business models. It further explains the IIoT, Cloud, Big Data Analytics, and Mobility, and how these technology trends drive better communication, asset maintenance, and products and services that create greater business value.
Here are the most-asked questions we received during the presentation.Read More
It is very clear that the hype of the Internet of Things (IoT) and Industrial Internet of Things (IIoT) is here to stay. The IIoT is a necessary starting block for the Digital Transformation that is going to take place across the world of manufacturing in the coming years. Many manufacturing technologies will help to realize this transformation from smarter robots, through 3D printing, to a massive use of data to improve manufacturing processes. The worlds of information technology (IT) at the business level and operational technology (OT) in the manufacturing plant will converge and become intertwined.Read More
The #MondayMusings blog series provides executive level insights and analysis for the Industrial Internet of Things (IIoT) and Digital Transformation from the previous week’s briefings, events, and publications @LNSResearch.Read More
In this weekly Roundup, LNS Research explores recent announcements and events, such as GE acquires Meridium; Verizon offers an IoT automated agricultural intelligence solution to Napa Valley; the National Network for Manufacturing Innovation changes to Manufacturing USA in efforts of projecting a new image; and a brewing company finds a Cloud solution to help improve performance.Read More
Asset performance management (APM) is a critical core competency for many businesses. Any asset intensive service provider such as a utility or transportation company and the vast majority of manufacturers depend on reliable, proper functioning, well-maintained assets to ensure the profitable operation of their business. That’s why we are taking a deeper dive into a company that offers all aspects of APM from acquiring the data on the plant floor to managing the business of maintenance with an Enterprise Asset Management (EAM) solution, Schneider Electric.Read More
LNS Research meets with many quality executives throughout the week. Nearly all are from Medium or Enterprise-size businesses and responsible for at least a handful of sites, and they are usually responsible for quality across several business units which have arisen from a mix of organic growth and acquisition. These leaders are often looking to address challenges, like:
- How consistently ensure quality standards across different business units
- How to benchmark against peers
- How to make changes and gain buy-in across the enterprise
The answer? Harmonization.Read More