Leveraging Your Global Knowledge Base
By Conference Speaker:
David Segal, Industry Market Development Leader, Dassault Systemes ENOVIA
With the increasing globalization of industry, never before has the term International Manufacturing Technology Show been more meaningful. While attending the IMTS, you have a chance to learn about the latest machines, technologies and processes for manufacturing. However, if you can’t find efficient ways to develop and manufacture products, or to implement and share new knowledge across the global enterprise, you will be losing out on your competitive advantage.
Lean principles were born in manufacturing and that is largely where they have remained. Virtually every company practices lean manufacturing today, making it a prerequisite for remaining in business, but not a competitive advantage. However, there are areas outside of manufacturing -- such as product development and engineering -- that are prime candidates for the application of lean business practices. Benefits such as waste reduction, improved work-in-process and faster cycle times are all possible when manufacturers take the lean fundamental principles and create a specific lean product development methodology.
Whether applying lean to product development, manufacturing or even in an accounting department, the way to begin a lean journey is by mapping out the value-stream processes and activities within the company, pulling together cross-functional teams to examine how they do business and to employ lean tools that can help identify waste, particularly where one process hands off to another. Yet modern organizations stretch around the globe and are often managed in silos, making it hard to quickly identify waste across an extended value stream.
