Transformation Chasm & The Vision-Value Pivot: LNS Research Executive Roundtable

Posted by Vivek Murugesan on May 26, 2022

LNS Research regularly hosts quarterly executive roundtables to present some of our latest research, facilitate conversations among industrial leaders, and provide benchmarking opportunities for our member community. In our most recent executive roundtable, we discussed some of our latest research on the evolution of Industrial Transformation (IX) and the Vision-to-Value pivot.

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Categories: Continuous Improvement, Lean Manufacturing, Business Process Management (BPM), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing

Failure at Industrial Transformation is Adversely Impacting the Financial Performance of CPG/F&B companies

Posted by Tom Comstock on March 16, 2022

Industrial Transformation (IX) is the proactive and coordinated approach to leveraging digital technologies to create step-change improvement across the value chain. IX is a key mechanism that Consumer Products and Goods/Food and Beverage (CPG/F&B) companies are using to address the changes rolling across their industry: pandemic driven demand fluctuations, worker shortages, increasing competition from local brands, new channels to the consumer, and ever-increasing use of contract manufacturers and copackers. Yet the industry is falling behind in IX and is paying the penalty in the form of sub-optimal financial performance compared to manufacturers more generally.

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Categories: Operational Excellence, Continuous Improvement, Industrial Automation, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, IT/OT, Industrial Transformation Analytics, Lighthouse Plants

Reconciling IX and Continuous Improvement Organizationally: Not for the Faint at Heart

Posted by Tom Comstock on March 10, 2022

LNS Research has defined Industrial Transformation (IX) as the proactive and coordinated approach in leveraging digital technologies to create step-change improvement across the value chain. By definition, we are contrasting IX from such Continuous Improvement (CI) programs as Lean or World Class Manufacturing (WCM) by its focus on step-change. Further, we consistently note that IX is particularly challenging as solutions must be deployed across a manufacturing network that is diversified by manufacturing models, culture, Operational Technology (OT), and digital maturity.

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Categories: Operational Excellence, Continuous Improvement, Lean Manufacturing, Industrial Transformation / Digital Transformation, IT/OT, IX Platform

The IX Journey: Four Stages of Industrial Transformation (IX)

Posted by Tom Comstock on March 08, 2022

Industrial Transformation (IX) is the proactive and coordinated approach in leveraging digital technologies to create step-change improvement in industrial operations. Industrial Transformation has become a very real phenomena across industrial operations. More than two thirds of companies surveyed have implemented, are currently implementing, or plan to implement an Industrial Transformation (IX) program. The worldwide COVID pandemic is not slowing IX down with 78% of companies maintaining or accelerating their programs in the face of the economic turmoil created by the pandemic. IX Leaders are three times more likely to be increasing their IX budget in face of the pandemic.

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Categories: Continuous Improvement, Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, IT/OT, Operational Architecture, IX Platform

Return to Operational Excellence 4.0

Posted by Joe Perino on November 01, 2021

In my recent The M&A Rumble in the Jungle blog, I highlighted my 2021 number two prediction that "the focus on APM 4.0 will shift to a broader view in terms of Operational Excellence (OE 4.0) and Operational Risk Management (ORM). This will lead to increasing friction, and at the same time opportunity, between APM and EHS, and quality too...competitors will begin to react in 2021, and we'll see more partnerships and M&A ramping up." We said that the trend has been for both EHS and APM vendors to expand into each other’s territory, in most cases bypassing EAM, since APM solutions can drive whatever EAM is in place. While EAM vendors have a solid business, they risk being squeezed out of the running in the battle over Operational Risk Management (ORM), a key objective of what LNS Research calls Operational Excellence 4.0 (OpEx 4.0). Here, LNS Research refers to the fight between EHS and APM where ORM software straddles the divide between APM vendors' asset reliability, integrity, inspection, and maintenance focus, and the process safety management, incident management, and worker risk assessment functionality of EHS vendors.

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Categories: Operational Excellence, Risk Management, Continuous Improvement, Asset Performance Management (APM), Environment, Health and Safety (EHS), qualitymanagement

Industrial Transformation: What Are SMBs to Do?

Posted by Patrick Fetterman on February 11, 2019

LNS Research spends a great deal of our time exploring and writing about Industrial Transformation (IX), including best practices around people, processes, and technology. However, many small and mid-sized businesses (SMB) are not ready for the scope and impact of IX projects – they’re already behind in technology adoption, and don’t have the personnel or budget required to take on a full-blown IX project. These companies however must still compete against larger, resource-rich organizations that are moving ahead with the latest technologies and are seeing step-change improvements in their operations thanks to the new Industrial Internet of Things (IIoT) solutions. So, how can SMBs compete?

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Categories: Manufacturing Operations Management (MOM), Continuous Improvement, Industrial Internet of Things (IIoT)

5 Most Asked Questions from The Connected Worker: Modernize Safety Risk Management Webcast

Posted by Peter S Bussey on June 15, 2018

On Wednesday, June 13, LNS Research co-presented the webcast, “The Connected Worker: Modernize Safety Risk Management” with Gensuite, a Cloud-based EHS management software provider. The presentation examined how safety and health leaders can use digital innovations to enable the connected worker, improve safety, and mitigate risk.

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Categories: Continuous Improvement, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

Is it Time to Stop Focusing on Safety Culture?

Posted by Peter S Bussey on March 02, 2018

Safety culture has been a long-standing topic in environment, health, and safety (EHS) and operational risk management (ORM) for industrial organizations. It’s receiving more attention in recent years with increased recognition of the essential role of human capital management and organizational dynamics in running a successful business.

Click here to speak with Peter Bussey.

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Categories: Operational Excellence, Risk Management, Continuous Improvement, Culture, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

5 Ways to Get More Out of Your Local Quality Management Leaders

Posted by | Research Team | on April 02, 2014

You’re a corporate quality director at a multi-site enterprise with operations spread across the country or around the globe. At some point, you’re going to face the question: how do I keep my local quality leaders engaged, and on the same page?

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Categories: Enterprise Quality Management System (EQMS), Continuous Improvement, Culture

3 Questions to Answer When Shaping Your Quality Management Culture

Posted by Greg Goodwin on November 05, 2013

Many companies that have pain points around quality today are exploring different areas for improvement. Some are investing in enterprise quality management software (EQMS) solutions or rethinking the way the cost of quality is measured. These are both initiatives that can have a positive impact on quality and are worth the time and capital investment.

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Categories: Enterprise Quality Management System (EQMS), Cost of Quality (CoQ), Continuous Improvement, Culture