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Sustainability, once thought to be a luxury by many companies, has now become a business objective and competitive advantage. Going beyond social responsibility.
#Supplychain disruption: Natural disasters, wars, cyber-attacks. The majority of executives recognize the risk but only few do something about it.
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Industrial companies do not apply and manage lean production systematically. Operational performance is key, adopting all aspects of lean production can reduce costs 5%-15%
Standards: Standard work is a key element of high-performing, consistent, and predictable operations. Focus on the critical few, those in greatest need of improvement
By applying an approach called Simplify for Excellence companies have reduced costs by 25% while increasing productivity by 62%.
Complacency is the sense of security and comfort that derives from the belief that the business success that’s taken place in the past will continue indefinitely.
OEE Overall Equipment Effectiveness. Developing an impactful and enduring manufacturing operations recovery strategy through OEE Segmentation.
Supply chain #complexity and #disruptions