In the past months, our team has often been prompted with the question; “What do you, and/or executives you have spoken with, see as the top industrial business development trends?” This week’s round up may serve as an adequate response to such a query. Lean business operations, sustainable processes, implementing effective global collaboration programs, and educating the next generation on such topics.
As a quality manager, you have a responsibility to ensure that the quality of your organization’s products and processes are within specification. But why stop there? Many companies today are built around a model of operational excellence that focuses on continuous improvement in all areas of business. In this sense, your job as a quality manager is never really done.
With today’s competitive global economy, it’s no surprise that manufacturing and industrial companies are constantly trying to cut costs and improve productivity. It’s often in the ability to deliver a product at a marginally lower cost, quicker time, higher quality, or a combination of factors that separates market leaders from the rest of the pack. However, after taking care of the so-called “low-hanging fruits,” identifying areas for improvement becomes increasingly difficult.
LNS Research (www.lnsresearch.com) launches its new website focused on helping Information Technology (IT) and Line of Business executives achieve operational excellence in the industrial environment. Through the website, executives will be able to access targeted research documents which include Solution Selection Guides, Best Practices Guides, Vendor Snapshots, Research Snapshots, and Market Leader Case Studies.
The manufacturing industry is going through more changes today than perhaps any time in its storied past. Issues surrounding the economy, government regulations, technological innovation and sustainability have set the industry on a new course and triggered a transformation that is occurring right in front of our eyes.
The concepts behind benchmarking research for industrial operations have been applied successfully by many leading organization in the world. However, many companies still struggle with the basics. Benchmarking, in the simplest terms, involve comparing performance to peers, understanding gaps in operations, and taking steps to close the gap and improve performance.
Over the coming months LNS Research will be conducting it's first major research project on the Enterprise Quality Management Software (EQMS) space. This research project will include several different reports, one focused on the vendor landscape and another focused on best practices used in the industry.
Many companies attempt to use benchmarking research to uncover hidden opportunities, implement best practices, and create a competitive advantage. Unfortunately, many companies fall short of their goals in these areas.