Culture and Operational Excellence 4.0

Posted by Joe Perino on February 15, 2022

In our last blog on Operational Excellence, we defined OE 4.0 as “sustainable value creation through a holistic approach, supported by an enabling execution platform.” We said that with OE 4.0, we shift away from safety, compliance, and Continuous Improvement (CI) to comprehensive risk management, moving beyond mere EHS & PSM compliance to a proactive, integrated operations system. Of course, we don’t leave CI behind as incremental progress is always welcome, but OE 4.0 seeks a permanent and continuing step-change in performance.

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

Why aren’t Quality Leaders Leading Quality Transformation? (Clue: It’s not because of tech)

Posted by Vivek Murugesan on February 07, 2022

Quality management has been one of the earliest areas of research for us here at LNS Research, and we have been closely monitoring the space for several years now. Our recent research on Quality 4.0 Readiness shows that Quality 4.0 programs have been gaining steady momentum and have become an important piece of the Industrial Transformation puzzle today’s manufacturing companies are trying to solve; so much so that the Quality 4.0 adoption rate has jumped from 16% to 27% in just two years.

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Categories: Risk Management, Culture, Industrial Transformation / Digital Transformation, Quality 4.0, qualitymanagement

Even When the Tech Decision is Easy, Making the Decision Can Be Hard

Posted by Dan Miklovic on July 16, 2019

Technology spending is a given. Especially today, when Digital Transformation is a fact-of-life in nearly every industry. Executives know they need to invest in technology to remain competitive. Industry leaders have tied their Industrial Transformation (IX) strategy to making the right technology investments. It is more than consultant-speak or media hype to say that companies that don’t invest in technology won’t be able to attract or retain top talent, and that technology drives global competitiveness.

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Categories: Culture

Manufacturers: You Need A Quality Technology Leader to Transform Successfully

Posted by Dan Jacob on June 19, 2019

Several of my observations have been fairly consistent over the past few decades of working in quality, technology, and as a quality research analyst and thought leader. Four stand out as primary reasons why quality, and often the industrial organization at large isn't able to transform as quickly or successfully as they'd like.

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Categories: Culture, Quality 4.0

Manufacturing at ABB: A Shining Star of Industrial Transformation Best Practices

Posted by Tom Comstock on May 31, 2019

As we study Industrial Transformation (IX) at the macro level, we seek leaders among industrial companies for further insights. We recently interviewed one of those leaders, ABB’s Chief Digital Officer, Guido Jouret, who reinforced our best practices findings from the recent IX survey.

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Categories: Case Study, Culture, Industrial Transformation / Digital Transformation

Oracle Modern Business Summit: Solidly in the Cloud

Posted by Tom Comstock on March 29, 2019

LNS recently attended the Oracle Modern Business Experience in Las Vegas, Nevada.  Over 6,000 people attended this “unified” event as it was the first time that Oracle had co-located the Supply Chain, HR and ERP Customer summits.  Additionally, the Modern Business Experience was co-located with their Modern Customer Experience events making for complicated meeting logistics.  Oracle is now over $40 Billion in FY 2018 revenues, and they position themselves as the #1 supplier of business software. The scope and scale of their product and solution offerings were on display in exhibitions and a plethora of sessions. 

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Categories: Culture

Sphera’s Petrotechnics Acquisition Moves Risk Capabilities Closer to Plant Operations

Posted by Peter S Bussey on February 28, 2019

Despite years of acquisitions and private equity investment, the environment, health and safety (EHS) software market is still fragmented, even at the top. A crowd of significant players compete for market leadership, or to at least deliver the returns expected by their financial backers. Although most will likely survive for the foreseeable future in one form or another, relatively fewer are likely to thrive long-term with a breakout performance.

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Categories: Risk Management, Culture, Environment, Health and Safety (EHS)

Hart Energy Recognizes Influential Women in Energy

Posted by Joe Perino on February 19, 2019

It was a pleasure to attend the recent Hart Energy 2019 Influential Women in Energy Luncheon in Houston. In its second year, the event had almost 1000 attendees, double that of last year, and honored 25 outstanding women across the energy industry.  The pinnacle award recipient was M. Katherine Banks, Ph.D. currently Vice-Chancellor of Engineering and National Laboratories, and Dean of Engineering at Texas A&M University.

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Categories: Culture

Consumer Electronics Show: Why It Matters for Industrial and Infrastructure Companies

Posted by Dan Miklovic on January 15, 2019

A January ritual for the high-tech industry is the Consumer Technology Association’s Consumer Electronics Show (CES) in Las Vegas. It’s where nearly every company in the consumer sector debuts its latest wares, from the latest TVs to wireless headphones and AR/VR hardware for gamers, to the latest smart home providers. They all trek to Sin City to show how their company is pushing the tech envelope. Many manufacturers pay little attention to CES since it is, after all, a consumer electronics event. If your company is stamping out metal parts for file cabinets, mixing up adhesives used to bond materials in the construction industry, or a state or local agency doing road maintenance, you might think CES isn’t relevant to you; you are wrong.

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Categories: Culture

Dassault Systèmes Acquires IQMS – New Opportunities For Mid-Size Manufacturers

Posted by Andrew Hughes on December 13, 2018

On December 11, Dassault Systèmes (3DS) announced the acquisition of mid-size manufacturing ERP vendor IQMS for $425 million. While this seems like a high price, the fit for 3DS is strong, and it will considerably extend the offerings 3DS can make to their midsize discrete manufacturing clients.

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Categories: Enterprise Resource Planning (ERP), Solution Vendor / Software Vendor, Culture