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Articles by Reinhard Geissbauer
Inside the Digital Factory
For some manufacturers, the obstacles to digitization have a chilling effect. They are frightened away from modernizing their factories, even though the long-term benefits should be obvious — as should the threat that competitors will outpace them by adopting new technologies. The only way forward is to adopt a realistic road map to digitization. Here’s a six-step plan. 1. Map out your digital factory strategy.
Supply chain excellence in turbulent times
Dear Sir or Madam, Supply chains are increasingly facing major disruptions. Many supply chains are being affected by the COVID-19 outbreak – either through unexpected increases or drop-offs in demand and supply shortages.
Digital Champions
Illustration by Patrick Hruby Most manufacturers, energy companies, and raw materials providers know they face a strategic challenge. Industry 4.0 is coming. Dubbed the “fourth industrial revolution” by World Economic Forum founder Klaus Schwab, this orchestrated system of digital advancement has also been referred to as an industrial renaissance (see “A Strategist’s Guide to Industry 4.0,” by Reinhard Geissbauer, Jesper Vedsø, and Stefan Schrauf, s+b, May 9, 2016).
Industrial Manufacturing Trends 2018-19
We have mapped out two paths to consider for starting the process of rightsizing your portfolio and navigating toward a more digitally oriented future. These paths are largely complementary and may even overlap.
Inside the Digital Factory
3D printing of Futurecraft 3D, a customizable running shoe midsole made by Adidas. Photograph courtesy of Adidas The industrial world has been in the throes of digitization for well over a decade. Primarily through enterprise resource planning (ERP) and manufacturing execution systems (MES), critical planning, scheduling, warehousing, inventory management, and logistics processes have been automated and simplified.
Inside the Digital Factory
The industrial world has been in the throes of digitization for well over a decade. Primarily through enterprise resource planning (ERP) and manufacturing execution systems (MESs), critical planning, scheduling, warehousing, inventory management, and logistics processes have been automated and simplified.
Drilling for data: Digitizing upstream oil and gas
Drilling for data: Digitizing upstream oil and gas By: Giorgio Biscardini, Eirik Rasmussen, Dr. Reinhard Geissbauer, Adrian Del Maestro Published: March 19, 2018 The size of the prize is significant In its 2017 Digitization & Energy report, the International Energy Agency estimates that digital technologies could cut production costs by as much as 20 percent.
The future of spare parts is 3D: A look at the challenges and opportunities of 3D printing
The business of making, storing, and shipping spare parts has long been a source of time-consuming and costly difficulties for suppliers of spare parts as well as for their customers. Maintaining inventories of infrequently ordered parts is so expensive that suppliers often simply stop offering them. That in turn forces customers to store large inventories of parts or to turn to third-party manufacturers. The advent of 3D printing, however, is about to change everything.
5 ways Industrie 4.0 is transforming manufacturing
The term Industry 4.0 refers to the combination of several major technology innovations, all maturing simultaneously, and expected to have a dramatic impact on manufacturing sectors. These technologies—including advanced robotics and artificial intelligence, sophisticated sensors, cloud computing, and the Internet of Things—when joined together integrate the physical and virtual worlds. This technological infrastructure is still in its early stages of development.
A Strategist’s Guide to Industry 4.0
Industrial revolutions are momentous events. By most reckonings, there have been only three. The first was triggered in the 1700s by the commercial steam engine and the mechanical loom. The harnessing of electricity and mass production sparked the second, around the start of the 20th century. The computer set the third in motion after World War II (see “The Man Who Made the Computer Age Possible,” by Jeffrey E. Garten).
Procurement 4.0: Are you ready for the digital revolution?
Some call it “digitalization,” some call it “smart manufacturing,” and others call it “the next industrial revolution” or “Industry 4.0.” Whatever term you use, a combination of new technologies — from big data analytics to 3D printing — is revolutionizing companies’ operational and administrative processes and creating innovative digital products and services.
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