Overall Equipment Effectiveness (OEE) and Continuous Improvement (CI) are not new approaches, but the conditions in which manufacturers deploy them are. As a result, new opportunities for improving business results will arise from using digital analytics-based CI approaches.
The plan includes some $550 billion in new spending.
This number is based on the passage of the Surface Transportation Reauthorization Act of 2021.
Lead times for steel are extending into midyear 2022.
Boeing CEO Dave Calhoun said the company will keep its workforce at the current 140,000, rather than cutting to 130,000 as announced earlier in the pandemic.
Can you mandate employees to show proof? What are the HR rules around incentives for getting the shot?
Expectations are high for manufacturers in the Industry 4.0 age, and the race is on to gain a competitive advantage through digitization and innovation. The winners will be those who can make their operations smarter, more efficient, and less wasteful.