Body of Knowledge

  • Body of Knowledge
    waste

    Eliminating Waste – Scheduling

    - by Joseph Paris

    If you ever find yourself saying; “There must be a better way”, I can guarantee you that there is.  All we must do is find it.  And, once a successful solution is suspected, try it.  And when found, implement. One of the biggest stones in my shoe was scheduling appointments and calls.  It was a giganormous time-suck. I am sure we have all experienced it.  Two people want to schedule time together.  One sends an email suggesting a time, and perhaps a few hours (or days) pass.  Then the response comes confirming.  But in the meantime, the slot has been…

  • Body of Knowledge
    career tips

    8.5 “Must Know” Career Tips & Tricks (v.Done)

    - by Joseph Paris

    I have been an entrepreneur and in business – nonstop – since 1985.  And over the course of those 30-plus years, I have gained a lot of experience.  But as the saying goes; “Experience is the most difficult teacher, she gives the test first and teaches the lesson after.”  So I can say, with some degree of certainty, that I have made every mistake a business person could make.  Sometimes, I would repeat the mistake just to be certain. Fortunately, I always realized that what I did not know was a lot.  And I never hesitated to seek guidance if…

  • Body of Knowledge
    pharma

    Leveraging Technology in Pharma

    - by Joseph Paris

    I am not easily impressed by technology.  In fact, I am often a contrarian and don’t easily buy into the hype of the “next great thing”.  It’s probably a combination of factors. One being that I started my professional career during the 1980’s and 90’s – a period of time when there was a veritable explosion in new technology.  A period of time when technology titans such as Apple, Microsoft, Intel, and Oracle (to name just a few) were born.  A time when mainframes were giving way to distributed computing and the internet was coming of age. Another factor was…

  • Body of Knowledge
    old maid

    Who has the “Old Maid”?

    - by Joseph Paris

    I was speaking with a friend who is the Chief Operating Officer of a multi-national chemical processing company a few weeks ago.  We were speaking about the various challenges that he is facing, which are not unlike the challenges faced by many companies.  His most important goal was to maximize profits whilst minimizing inventory – nothing new here. We spoke about how he is trying to become specialized, being able to deliver short runs on short time schedules, but at higher margins.  But being a chemical company, the change-overs are a challenge and can easily negate any increase in expected…

  • Body of Knowledge
    supply chain

    The Future of Supply chain: A digitized Supply Chain

    - by Shereen Mosallam

    The economy is at the beginning of the next major industrial revolution, and technology is the driver, this time as the heart of both the production of many different products and as a core intelligent component of the things we use every day. Digitization has long since moved into factories, and is now enabling operations in which humans work side by side with intelligent machines. “Industry 4.0” is the catchphrase widely used to describe digital networking in the manufacturing industry. Industry 4.0 is the fourth industrial revolution after the mechanization of production in the 18th century, the electrification of production…

  • Body of Knowledge
    chinese4

    Successfully defying strategies of the Chinese mechanical engineering industry

    - by Timo Wiegmann

    European Mechanical engineering companies have served the world as a constant source of product innovation, claiming high standards in product quality, services and talents. However, these strengths have been matched, if not surpassed, by different strengths in China, the faster and cheaper competitor. Europe’s mechanical engineering companies should not underestimate the challenges, because the effects of digitalization will only augment the strengths of competitors in China. China is now a country with the largest production for machinery and equipment, and the second largest exporter of machinery in the world. In other words, the headwind is increasing on global markets. However,…

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