Body of Knowledge

  • 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,…

  • Body of Knowledge

    Lean Six Sigma – Reality or a Myth?

    - by Joseph Paris

    “The great enemy of the truth is very often not the lie, deliberate, contrived, and dishonest, but the myth, persistent, persuasive, and unrealistic.” —John F. Kennedy It seems at every conference, symposium, or other gathering of thought leaders for higher learning where the topic is Lean Six Sigma, many of the attendees—and almost all of the speakers—glorify the supposedly unmatched performance of Japanese companies and their management techniques as enshrined in the most revered of holy scrolls, the TPS. And when followers of this scripture speak, they declare the virtues of all things Japanese and cast aside, as heretics, the…

  • Body of Knowledge
    sustainability

    Sustainability contest: System vs. Human

    - by Neil Trivedi

    According to the BTOES Nov 2017 Operational Excellence survey, sustainability is the biggest focus area for Operational excellence in the coming year, how should this be achieved? Through a system based approach or through a human-centered focus? What do we mean by a human-centered focus for sustainability? There are several elements to a human based approach. The first is to implement the basics of team employee involvement, which involves the creation of team.  It is surprising how many employees do not belong to a team in today’s working world. Outside of manufacturing there is no tangible product to help define…

Listen to our free monthly podcast!

Listen
SUBSCRIBE TO OUR NEWSLETTER