Remove Efficiency Remove Industry Remove Process Improvement
article thumbnail

Effective Manufacturing Operations Management in 2024

Epicflow

To achieve these goals, they are adopting the latest technologies (Industry 4.0) Read the article to learn more about this practice and its role in manufacturing, and explore recommendations that will drive MOM’s efficiency. Its main purpose is to produce better products more efficiently and at lower costs.

article thumbnail

Engineering Project Management: The Essential Guide

Epicflow

On the one hand, engineering project management steps are the same as those for projects in other industries: planning, scheduling, allocating resources, managing stakeholders, monitoring, etc. Finally, this approach involves documentation, which also aligns with the specifics of the engineering process. Lean methodology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Breaking the Echo Chamber: How Peer Advisory Groups Challenge Your Thinking

Effective Managers

Breaking the echo chamber of comfort and familiarity is crucial; when things are going well, it’s natural to ease off the gas pedal, stop seeking new opportunities, and overlook potential efficiencies that could yield even greater returns. This is where peer advisory groups like those offered by TEC Canada come into play.

Groups 130
article thumbnail

Driving Digital Transformation in Aerospace & Defense: Recent Technology Trends

Epicflow

According to the Aerospace Industries Association’s Vision for 2050 , some of the key technology and innovation trends transforming the aerospace and defense industry will be: – the rise of automation and artificial intelligence, – wide application of augmented and virtual reality, – the rise of Industry 4.0 (e.g.,

Trends 130
article thumbnail

How Digital Technology Is Changing Farming in Africa

Harvard Business

The process improves farm productivity and reduces input waste by using analytics to facilitate data-driven farming practices for small-scale farmers. But they must be ready to confront institutional challenges in the industry. Critical infrastructure is still required to truly digitally transform agriculture in Africa.

Tools 134
article thumbnail

Hidden Heroes: Business Operations in Companies of All Sizes

Tom Spencer

While the specific responsibilities may vary based on the organization’s size, industry, and structure, these teams are generally responsible for various functions aimed at optimizing operations, driving efficiency, and supporting strategic goals.

article thumbnail

"Process Mining"? Sounds Like a Waste of Time.

Markovitz Consulting

You’re not doing any process mining. You’re missing the boat on “process mining,” the latest improvement breakthrough that will catapult your firm to the top of your industry. According to a new HBR article , process mining will “revitalize process management in firms where it has lain fallow for years.”

Software 124