Manufacturing processes typically are in place for quite some period of time, often months if not years. During this time changes in process can occur and the use of IoT collected data can be highly valuable to determining the impact of the change. Let’s consider our stamping operation again. We have been producing a specific part on the line for months and have collected significant data. We can use analytics and trend charting and reporting to see if. . .Read More
Over 600 million apps are downloaded worldwide each day. Moore’s law observes that the number of transistors in a dense integrated circuit doubles approximately every two years. With computing moving into nanotechnology, this continues to be true. I recently read that knowledge is doubled at least every year (soon to be measured in hours?). Just a few years ago it was unheard of for a mid-sized manufacturing company to have a terabyte of data. But, now I have a quarter of a terabyte of storage on my iPhone. How do you keep up? How do you keep your business systems up-to-date? How much of your competitive advantage is based on this ever changing technology? How much better are you than your competitors? It’s such a blessing to have all this incredible technology and data storage available. What’s hard is sifting through all the noise and settling on what’s right for your business. You want to upgrade, but is your upgraded business system going to result in “Better, Faster & Cheaper”?Read More
The manufacturing of unique products and the consumer demands for increased variants and features and options are requiring the need for change within business operating software. If you are still focused on core ERP to make efficiency improvements, cost reductions and streamlining your supply chain, you are only going to get half way to optimal success. You must start looking forward to how you are interacting with your customers and meeting their demands for unique products. The new millennial buyers are thinking differently and expect their products to be built the way they want. Let’s take a look at what you should be looking at for the future if you are going to lead the market through the offering of configured to order products, versus becoming commoditized and marginalized.Read More
With the economy on a continued recovery the demand for boats, especially small to mid-sized styles is increasing dramatically according to the recent NMMA U.S. RECREATIONAL BOATING STATISTICAL ABSTRACT. While not yet back to pre-2007 numbers, it’s still significant growth. This level of growth has opened up the need for boat builders to become more efficient and streamlining of production. Prior to 2006, many builders just made capital investments in plants and equipment which during the downturn put many of them out of business. Cash flow dried up and the capital equipment became a major liability.
Learning from the missteps of the past during those pre-2006 growth years, how can the smart boat builder gain production levels to meet today’s demand without breaking the bank with capital investment? Other industries have faced similar issues such as the automotive markets. Suppliers to the automotive industries have felt the same pain and been in the same scenario. So what did they do to avoid the problems of the past?
Production efficiency in boat assembly can be increased and optimized thorough the use of ...Read More
We all know that to be ahead of our competition we need to get there fast. The question I would pose, “Is it necessary for ALL things”? We realize that technology has driven the universe to run at a much faster pace. We think we need it now - not later. So does that mean that we should all be doing things exactly the same way? Should everything have a cookie cutter approach? Does one size fit all?Read More
Companies that supply components and complete systems for military and defense electronics are facing ever increasing challenges with meeting regulatory requirements such as the ones referenced above from May 12. Regulations such as this not only affect the design and packaging of components and systems but the engineering, ERP, and business systems that are used to design and build these products.
Companies that do not have in place proper. . .Read More
CPQ is more than a tool for your customers. Setting yourself apart from the competition by giving your customer a 3D diagram of a product, with a complete list of specifications is really cool. What’s even cooler than “wowing” a customer? Providing the right price and the right tools for your sales reps.
Sales reps often go into deals and negotiations with customers with less information than the customer has. There are so many . . .Read More
I have the pleasure of spending a good portion of my life in meetings. Most are very productive and the time is spent creating value for the organization I am working with. That is what I hope for from every meeting – Value! When someone from our staff is in a meeting that is floundering or disorganized we tend to jump in and get the train back on the tracks. Acting as your consultant and business partner - you expect nothing less from us. Unfortunately, we sometimes attend meetings run by folks who don’t possess the experience or leadership skills to keep a meeting properly focused.
While working with a customer on a large project I was asked to . . .