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Industrial Printing

Manufacturing & Supply Chain

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The Digital Revolution has forced Manufacturing and Supply Chain Companies to reinvent themselves for increase agility and flexibility from changing demand and shorter lead times.

The following Automation principles are key ingredients for success:

Performance: shortening lead times, reducing product development costs while increasing operational efficiencies.

Innovative Capacity: Supply Chain Optimization, additive manufacturing, value stream optimizations, and centralized monitoring and diagnostics.

Resiliency: Fostering collaboration, visibility, and resiliency with agility across the entire value chain to support rapid decision making.

Medical Devices

Medical Device manufacturers can leverage intelligent automation to develop innovative and cost effective products with speed to market.

 

Digital transformation technology provides an opportunity to control costs, enhance product design, and make better business decisions.

 

Benefits of leveraging Intelligent Automation include: reduce downstream risk and inventory shortage and automated contract digitation with IQ Bot.

Financial Services

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Top business continuity processes impacting the financial sector that are being automated:

Payment deferrals, fraud monitoring and investigation, loan application and loan restructuring processes.

 

The following Automation principles are key ingredients for success:

Resiliency: Building digital resiliency and streamlining manual processes to respond to changing market dynamics

Innovative Capacity: Advancement from rule based to real time intelligence decision making at scale

Business Process Outsourcing (BPO)

The BPO Segment is prioritizing investments to build resilient processes and operations with minimal disruption with customer interactions.

 

BPO companies can deploy RPA remotely to monitor the productivity and availability of remote employees working from home.

 

These Bots can generate reports on the agent's productivity and distribute dashboards to managers.

 

Some benefits of leveraging Intelligent Automation include: Enabling real-time customer billing for services delivered as well as gaining visibility and productivity of remote employees.

As  demographics, technology, and uncertainties from the current global health, economic and social crisis, manufacturing and companies must innovate in order to reduce costs and accelerate business continuity.  These challenges coupled with inflation and supply chain disruptions present additional road blocks that could be mitigated through generation of Operational Excellence and Intelligent Automation initiatives that generate productivity, cost savings, and amplify business resiliency.

 

 

A focus on continuous improvement is usually what separates the manufacturing companies that achieve operational excellence from those that fall by the wayside.

 

There is a variety of lean techniques including Value Stream Mapping which seeks to minimize the non-value added activities from the processes and bring the value-added activities into the forefront to amplify operational efficiencies and KPI's. In most cases, waste eliminating practices deliver significant cost reductions through low-cost or no-cost actions.

 

Value Stream techniques enable manufacturing companies to transform a complex manufacturing layout to a streamlined operation that amplify productivity, cost savings and operational business performance metrics.

 

Value Stream Mapping is a powerful and insightful technique that enable Operational Leadership to identify opportunities for enhancing operational efficiencies.    If we take for example, a manufactured product, some of these are produced using dedicated resources while others are manufactured with shared resources.  The Value stream mapping will allow us to clearly identify manufacturing processes using shared and dedicated resources.  Once these are identified, we can then focus on redesigning the value stream flow that uses shared resources to achieve our main objective of increasing operational efficiencies, output, and productivity.

To learn more about how we can can help you develop and implement the right strategy for your business, don't hesitate to reach out to us below.

 

Achieving Operational Excellence in Manufacturing leveraging Value Stream Mapping (VSM)

Designing Future State Value Streams leveraging from key Lean Manufacturing Guidelines:

Six Key items to consider when designing Value Stream Flow Through Shared Resources 

Industrial Smoke
  • Continuous Flow

  • Takt Time

  • Scheduling single point only

  • Interval

  • Finished Good Strategy

  • FIFO

  • Pull

  • Interval

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  1. Can product families be extended?

  2. Can process families be created with dedicated equipment?

  3. Can flow be created through the true shared resource?

  4. Can an operation be balanced to create a continuous flow?

  5. How will the shared resource know what to produce next?

  6. How will the shared resource by managed?

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