Have you ever wondered why it is so easy for improved processes to go back to how they were performing before improvement? Why it always seems that, even if everybody follows the new instructions, the process still produces defects? Why it's so hard to maintain the benefits in the process after the projects are done?
This is one of the great barriers to lean implementation: Concepts of lean are both counterintuitive and counter-cultural. Hence, if you wish to be a lean leader, you must go back to the basics and make sure you have a clear understanding before you are able to teach others.
As the U.S. looks to forge a path for sustainable economic growth for the nation, there is a powerful business tool that can help U.S. industry to fuel business performance and drive growth. It's called standardization. This tool can help tap into new and expanding technologies. It can help businesses out-innovate competitors in the global market. And it can help you cut costs and boost your bottom line.
Innovation is a popular word today, with plenty of books supporting it. Most pundits promote big innovation programs with innovation departments and innovation plans. But unless you happen to have hired the next Nikola Tesla, this is hardly a sustainable strategy.
If the time is right for U.S. manufacturers of all sizes to consider modernizing their operations, it is important to first look at modernizing their supply chain and logistics operations in order to optimize potential investments. Manufacturers must think holistically about their business before making these decisions, and this includes looking at their supply chain and distribution models and the impacts of these investments on their operations.
The U.S. relies on a single Chinese company for buta-netriol (BT), the chemical needed to produce the solid rocket fuel used to propel Hellfire air-to-ground missiles. Hellfire missiles are launched from attack helicopters and unmanned drones. The last U.S. producer of BT, Cytec Industries, discontinued production in 2004.
A country of only 66 million people doesn't become the 17th-largest global manufacturer without careful planning. Thailand is the second-largest producer of light pick-up trucks. Carefully constructed strategies along with tangible incentives created this robust manufacturing economy.
Many U.S. manufacturers are experiencing talent shortages in part because of an aging baby boomer generation that has begun its exodus from the U.S. workforce. The oldest baby boomers turned 65 on Jan. 1, 2011, and every day thereafter for about the next 19 years, some 10,000 more will reach the traditional retirement age, according to the Pew Research Center.
In the past year, there have been numerous articles debating whether "reshoring" is a myth or really happening. For example, the cover article of the April 22, 2013 issue of Time magazine was "Made in USA - Manufacturing is Back - But Where are the Jobs?"