Change, as they say, is the only true constant. Where a manufacturer developing an institute of higher learning for employees may have been in the realm of unthinkable in past decades, Foxconn, the world's largest contract electronics manufacturer, has done just that.
For more information on this story as well as education on the new ISO standards and the essential terms and acronyms of Asset Performance Management (APM), read on in this week's roundup.
"Someday, every one of our employees will study at Foxconn University – we’ll no longer call them workers, we’ll call them students." - Foxconn Plant Manager
Foxconn has a million workers, making for a high turnover rate and a daily line of hundreds waiting to replace those that have quit the assembly line. China’s largest private employer has developed Foxconn University in order to develop employee skills, knowledge, and income, and ultimately, to decrease turnover. The in-house university offers 25 majors, mostly in engineering, with the ability to receive diplomas at a high school, bachelors, masters, and PhD level. Read more…
Tweet this article | Share on LinkedIn
The two companies have signed an agreement that outlines their partnership in the construction of a large scale battery manufacturing plant (a Gigafactory) located in the United States. Tesla will be in charge of the building in general, and Panasonic will be responsible for all manufacturing aspects of cells, batteries, and packs for electronic vehicles and charging stations. The business issues being addressed within this partnership are not just cost reduction, but also meeting Telsa’s goals for mass production of electronic vehicles. It is estimated that the Gigafactory will employee 6,500 people by 2020. Learn more…
Tweet this article | Share on LinkedIn
Five questions answered about the revised standard
With over 20,000 standards developed, we're all familiar with ISO in one way or another. The standards span many industries from manufacturing to healthcare, and provide specifications for products, services, and best practices. While following these voluntary standards leads to increased organizational efficiency, changes to a specific instance may spark questions and added compliance. In 2015, that will be the case with ISO 9001. This article answers your typical who, what, where, when, why, and how’s. Read more…
Tweet this article | Share on LinkedIn
August 6th | 10:00AM EDT
This webinar will go beyond compliance, taking a look at how to develop suppliers and implement change for improved productivity, labor responsibility, environmental performance and creating long-term reliable supplier bases. Register here.
Tweet this event | Share on LinkedIn
As we are gearing up for the launch of our Asset Performance Management (APM) research practice, we have been publishing a series of content to lay the foundation for this industrial area. The 20 acronyms included in this article are essential to this area of operations, and ones you should be familiar with as they are likely to be featured in future posts, reports, and discussions around this research area. The following terms cover applications, metrics and measurements, and other activities across the APM space. Read more…
Tweet this article | Share on LinkedIn
