Page 9 - Operations Strategy News Today

Industry 4.0 is all about the wise capture, analytics, and use of data. Typically companies seek to improve the speed and quality of decision-making, often automating the implementation of rules-based decisions, in their IIoT efforts.Digital transformation uses data for those, and even more forward looking scenarios that currently are impossible

Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., predicts supply chain disruptions to continue through 2023. She suggests implementing a SIOP/S&OP (Sales and Operations Planning) process to mitigate the swings associated with disruptions. LMA Consulting Group works with manufacturers and distributors on

Industry 4.0 is the topic of conversation in manufacturing today. But most of us have not yet figured out all we can and should do with Industry 3.0. What’s the difference, and do we need to wait?Simply put, Industry 3.0 refers to automation, and Industry 4.0 refers to data —

MIT alumna Janelle Heslop’s passions for sustainability and diversity in STEM put her in the driver’s seat for siting Amgen’s $1 billion flagship next-generation factory, and drove her founding of the MIT LGO Underrepresented Minority Alumni Group.

Rather than follow a rigid blueprint, executives must help organizations focus on sensing and responding to unpredictable market conditions.

An enduring business must offer more than today’s product and serve more than today’s industries. Products come and go, as do industries. Just ask the buggy whip manufacturers. Outside of a few religious sects, the product and the industry are dead.If they had seen themselves as “guidance and speed control”

Today’s operational crises often interfere with the strategic thinking of leaders. We can’t let that happen, except in the most unusual of circumstances.Expediting orders is not the job of the C-level executive, nor of the VP-level. Nor even of the site manager. If the orders are late due to a

Do your operations folk trust the sales team to provide a high quality forecast, one that can and should be used for operational planning? Does the sales team generate a sales forecast for which it wants to be held accountable? Or does one side second guess the second with finance

A recent LA times article shared survey results that found the vast majority of CEOs are in fear of losing their jobs in 2022. In public companies CEOs get replaced every few years. Most are paid enough to not worry about it, but most also want a new CEO role

Operations might be an unlikely place to start your sustainability career, but it can have the most impact.