More Revenue in Mining Has MOM Vendors Investing

Posted by Dan Miklovic on Thu, Oct 19, 2017 @ 09:15 AM

The last two years have seen fairly steady price increases in both ferrous and nonferrous base metals prices. Given the prices of the rarer precious metals and most minor metals, combined with growing optimism around the rest of the precious metals sector, LNS Research sees the mining industry finally looking to invest in Digital Transformation.

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Tags: Operational Excellence, Digital Transformation, Asset Performance Management (APM)

5 Mistakes Companies Make When Defining an Operational Architecture

Posted by Dan Miklovic on Thu, Aug 17, 2017 @ 11:00 AM

Architecture, according to Merriam-Webster, is “the art or science of building” or “the manner in which the components of a computer or computer system are organized and integrated,” among other things. Operational is defined as “of, relating to, or based on operations” and “ready for or in condition to undertake a destined function.” LNS believes businesses are best served when they apply the technique of Operational Architecture, which taken literally from the previous definitions, is the organization of the systems and technology to perform the functions of business.

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Tags: Operational Excellence, Digital Transformation, Operational Architecture

The Missing Link: Connecting Operational Excellence to Strategic Objectives

Posted by Dan Jacob on Thu, Aug 03, 2017 @ 10:30 AM

Where is your company’s strategic direction, and how well aligned are your actions and strategy to this direction? This might be the most important question you ask today because if you aren’t aligned or aren’t sure what your alignment is, it’s also likely that you suffer from low top management priority, cultural challenges, and insufficient funding.

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Tags: Operational Excellence, Enterprise Quality Management System (EQMS)

10 Common Biases Companies Need to Eliminate From Their Vendor Selection Processes

Posted by Dan Miklovic on Wed, May 31, 2017 @ 10:00 AM

Many manufacturers are now beginning to invest in technology more so than they have since before the economic downturn of 2009. Whether it is automation, technology supporting the Industrial Internet of Things (IIoT), or other solutions they believe will drive Operational Excellence, an increasing number of respondents to LNS’s APM and IIoT surveys are indicating they plan on increasing spending in the next 12 to 18 months.

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Tags: Operational Excellence, Enterprise Quality Management System (EQMS), Solution Selection Guide, Industrial Internet of Things (IIoT), Digital Transformation

The Smart Connected Asset Requires a Robust Digital Twin

Posted by Dan Miklovic on Thu, May 18, 2017 @ 10:00 AM

Asset performance management (APM), like manufacturing itself, is evolving to leverage the digital technology associated with Cloud, the Industrial Internet of Things (IIoT), Mobility, and Big Data and the associated Analytics. This overall industrial shift has been referred to as both Industry (or Industrie) 4.0 or Smart Manufacturing. Accordingly, LNS has set forth a vision of how APM must evolve in support of these highly digital, capable manufacturing assets which we call APM 4.0.

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Tags: Operational Excellence, Smart Connected Assets, Industrial Internet of Things (IIoT), Digital Transformation, Asset Performance Management (APM)

Why OEE and Plant Visualization Projects Keep Failing [MondayMusings]

Posted by Matthew Littlefield on Mon, May 15, 2017 @ 10:00 AM

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Operational Excellence, Overall Equipment Effectiveness (OEE), Industrial Internet of Things (IIoT), Digital Transformation, IT/OT, #MondayMusings

Shape Organizational Culture to Drive Operational Excellence

Posted by Peter Bussey on Thu, May 11, 2017 @ 10:00 AM

Organizational culture is one of those ubiquitous but nebulous terms thrown around in the business world. “We have a strong culture of continuous improvement” … “Our safety culture is lacking” … “We need to change the culture around here.” These and similar expressions might be heard in the executive suite, the plant manager’s office, or on the shop floor.

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Tags: Operational Excellence, Environment, Health and Safety (EHS)

EHS Management is a Team Sport, So Why Are We Still Playing in Silos?

Posted by Peter Bussey on Fri, Apr 21, 2017 @ 10:30 AM

Last week, I had the pleasure of attending the EHSQ Leadership Summit in Toronto. The event was a gathering of Environment, Health, and Safety (EHS) and Quality business leaders hosted by Intelex. A highlight of the event for me was moderating a panel discussion on the opportunity to integrate EHS and Quality Management systems in the pursuit of Operational Excellence.

 


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Tags: Operational Excellence, Enterprise Quality Management System (EQMS), Digital Transformation, Environment, Health and Safety (EHS)

IIoT Threatens EHS Professionals: Will You Be a File Clerk?

Posted by Dan Miklovic on Wed, Mar 22, 2017 @ 10:30 AM

During a recent conversation with LNS Research Analyst, Pete Bussey, it dawned on me that the Industrial Internet of Things (IIoT) threatens EHS leaders in the same way that maintenance professionals risk becoming 21st-century blacksmiths.

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Tags: Operational Excellence, Digital Transformation, Environment, Health and Safety (EHS)

[Infographic] Automotive CEO: What's Your IATF 16949:2016 Survival Plan?

Posted by Dan Jacob on Thu, Mar 09, 2017 @ 10:00 AM

Automotive CEOs: There’s an untapped source of operating income and competitive advantage right in your own company. When senior execs take an active role in Quality Management, your organization can transform new industry standards into a source of Operational Excellence. Use this infographic to understand what you must do to capture the value for your business.

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Tags: Operational Excellence, Enterprise Quality Management System (EQMS)