Key Business Concepts 101: Quality and Process Improvement

By: Lotfi Al-Sarori

“Better safe than sorry”, a saying by Samuel Lover that we hear, usually as a friendly advice, when we are about to pursue an endeavor that requires cautiousness to minimize risks. This entails, for example, being well-prepared when starting a new business, project, or just a family trip. Planning the details of every step you take and making sure everything is done properly is essential to avoid risks, time wastage, and unnecessary expenses, and to get the results you seek. Similarly, organizations create business and operational plans to implement and follow throughout the year to achieve the objectives they seek in an efficient and productive manner.

What can a maintenance system do for manufacturing?

By: Ola Azzouqa

Owning a factory, any kind of equipment, or a fleet of vehicles requires maintaining the equipment, machines, or vehicles that are being used. As the cost of maintaining a piece of equipment is usually lower than fixing it, maintaining machinery is one of the most essential things a large manufacturing company can do for itself and its bank account.

Machines and equipment are the backbones of any manufacturing company, with production potentially slowing down or completely stopping every time a machine breaks down. Even one day without the right tools can make it very difficult for businesses to meet their production goals. This is why maintenance is key for business.

Where manufacturers are headed in light of uncertainty

By: Cesilia Faustina

Coronavirus has caused great disruption towards global manufacturing and supply chain. Since the start of it all, it has continued to challenge the path our economy is headed towards and witnessing permanent change for our global economy.

This is not a new thing, however; our world has undergone major changes in light of a crisis for years. The Great Depression redefined the way our economy worked and has since affected people impacted until today. World War II also created a major shift in the way manufacturing and the economy worked; many people went unemployed and were forced to shift to different industries, while manufacturing became a powerhouse industry to provide for the war.

Digital trends are affecting the way manufacturers conduct business

By: Cesilia Faustina

The rise of digital transformation is affecting the way manufacturers are running businesses. What used to be a clear-cut method of conducting business is now filled with uncertainty, especially when it comes to industrial manufacturers. We are witnessing more complex projects, multiple product lines and large industrial facilities that are already hard to navigate by itself, however, imagine having to manage it through increasing demands and competition.

The manufacturing industry can no longer depend on avoiding multiple obstacles through traditional means, too much is at stake for their business. This is why most manufacturing companies are now moving towards digital solutions to help them achieve greater efficiency. Production transparency is now being achieved through digitalization and innovative technologies. A survey conducted by PwC showed that 72 percent of manufacturing companies are drastically increasing their level of digitization and expected to be ranked as digitally advanced by 2020.