5 Mistakes Companies Make In Their Operational Excellence Program

Posted by Dan Miklovic on Thu, Nov 30, 2017 @ 11:01 AM

Data from LNS’s surveys related to asset performance management (APM) and the Industrial Internet of Things (IIoT) all point to improvement in operational performance as the key driver for investment in those two areas.  LNS believes that the pursuit of better performance is captured in our definition of Operational Excellence. Operational Excellence is the second step of LNS's Digital Transformation Framework, following setting Strategic Objectives for Digital Transformation and the precursor to defining an Operational Architecture. The biggest mistake that most companies make is that they don’t take the time to establish what Operational Excellence means to their business.  Even those that do have an idea of what Operational Excellence looks like for their business still risk making critical mistakes when trying to capture that definition and communicate it throughout the organization. Failing to pursue Operational Excellence is a recipe for mediocrity.  Don’t make these five mistakes in your pursuit of Operational Excellence.

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Tags: Operational Excellence, Business Process Management (BPM)

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: Industrial Transformation / Digital Transformation, Operational Excellence, 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, Operational Architecture, Industrial Transformation / Digital Transformation

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

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

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, Industrial Transformation / Digital Transformation, Enterprise Quality Management System (EQMS), 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, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)