It seems contrary to modern business practice not to have a sophisticated dashboard of business metrics to communicate and visualize the health of our organization. We especially like to observe that our process improvement programs and methods are paying off.
Unfortunately, because innovative ideas are ones no one else has, we can’t know for certain how successful those ideas will be. Likewise, because they are new and different, the development expense of innovative ideas is often high. The bottom line is that the risk of new and different ideas is great.
Making best use of resources is good, but figuring out how isn’t necessarily a Lean Event. Five-S is a good practice, but declaring an emergency just to clean up appearances for a visitor completely misses the intent. Quotas of activity do not necessarily beget improved performance.
Light defines the dining experience. It sets your expectations for what is to come…the bright lights of your neighborhood McDonald’s communicate a different story and sense of welcome than the warm, soft glow of your favorite Italian place. Light nudges us to feel while we eat, drink and share stories with friends and family.
Consider this scenario. Cities and municipalities want to control and monitor street lights remotely to save time, money and manpower. By monitoring the health and condition of street lights remotely, city workers aren't left with the task of checking each light, block by block, in order to identify a maintenance problem.
General Electric (GE), in addition to being one of the world’s largest corporations, is also considered to be one of its last true conglomerates. What started out from humble beginnings in Thomas Edison’s work shop in New Jersey has grown into a multinational behemoth. While most famous for its light bulbs that bring “good things to light,” many people don’t realize that for much of the last decade, GE was basically a bank.
I enjoyed this turn of phrase, particularly since I had recently read about a cable outage in Fairfield, CT that resulted in numerous 911 calls because it occurred in the middle of an episode of “Breaking Bad.” You are not the center of the universe. Never has this concept been required more.
Also new this year, almost every major operating system platform—Apple, Google, Microsoft, and BlackBerry—now offers native support of Bluetooth Smart. This means that developers no longer need to worry about which Bluetooth stack is being used on a particular device.
Successful metal fabrication companies are always on a mission to improve their lead times to cut down on operating costs and to increase customer satisfaction. Many managers may try to analyze what the company does or doesn’t need, or which of the available suppliers might be cheaper and/or faster, yet provide them with their company’s specific needs without sacrificing quality in their products.
IDSA is my favorite conference to attend because it’s not just people talking about good design; it’s filled with conversations about how design can transform lives. It’s a very powerful message, especially in today’s society of design-centric businesses.
With this market gaining momentum, a key question needs to be addressed: How prepared are manufacturers to design and deliver these new and innovative types of products time and time again? To answer this question, manufacturers have several factors to consider.
We are constantly bombarded by the “fact” that we are overspending on social programs, which jeopardizes the wonderful future that our great grandchildren so richly deserve. Let’s get this straight, no one deserves anything. Every generation must earn its place.
Many new cars now carry in their onboard computers a system that amounts to a "black box" which records data on control settings, acceleration, and other information that is of interest to insurance companies and lawyers in the event of an accident involving the vehicle.
The Cave is a familiar element gaining ground in the industry that places the user in a virtual environment and allows them to manipulate and interact with 3D objects and within three dimensional spaces. It’s somewhat disorienting, but an entertaining experience.
It has become a popular meme that “robots are destroying our jobs.” How else do we explain today’s persistent high unemployment? While scores of pundits and analysts have made this claim in the last couple of years, perhaps no one has done more to popularize this theory than MIT scholars Erik Brynjolfsson and Andrew McAfee, who argue workers are, “losing the race against the machine, a fact reflected in today’s employment statistics.”
About once a year (usually during the Christmas holiday) we also delve into the depths of the dry goods cabinets, tossing some of the stuff that hasn’t moved, and restocking everything else neatly according to item, shape, size etc. If we’re lucky, the fruits of those labors might last until New Year’s Day. So why do I tell you all this, and what does it have to do with inventory?
Engineers speak a different language. My fellow engineers will label me “traitor” for confessing it, but it’s true. Of course, the language-of-engineers uses the same regional language as everyone else, but the words themselves have specific meaning to engineers that are different than everyone else’s.
Think of the amount of time commuters everywhere could gain back – without having to actually think about driving, commuters can now safely take a phone call, catch up on the news, or maybe even nap (if you’re the type to put complete trust into driverless technology).
The need for a secure and reliable energy supply is a seldom mentioned but very important driver for many nations moving towards clean and renewable energy supply. Paradoxically, the very factors that have made many nations dependent on imported energy, like being surrounded by water, can work to their benefit since many island nations have great potential for marine energy.
When a team of Dallas Morning News reporters tried to answer what they thought was a simple, straightforward question about the frequency of chemical accidents, they found a mare's nest of conflicting and incomplete statistics.