Lean manufacturing — or the process of eliminating unnecessary waste and increasing productivity — is a tool that manufacturers wishing to be at the forefront of competition in the coming years must have to be successful. Fine-tuning workflows at all levels of business, from operations to human resources, is a critical aspect of improving company agility and the ability to rise above. Fortunately, new resources have provided a plethora of tools to assist manufacturers in optimizing their business processes, such as:
As with all industries, the engineering profession has felt the impact of the coronavirus pandemic, both fiscally and operationally. In addition to these challenges, the pandemic accelerated the move to a digital transformation, although the engineering and construction (E&C) sector is lagging behind in adopting these technologies.
It is a frustrating fact, but employees are still wasting time searching for the information they need to be productive. In fact, each employee spends at least 25% of their time searching for— and not finding — the documents they need. And their managers? They spend half their time doing routine tasks that could be better handled with workflow automation. Overall, up to 21% of total staff productivity loss is directly related to issues surrounding documents.
As we move further into 2021, a majority of businesses are continuing to shift toward a more digital presence, with 30% of large firms having a digital product portfolio and others creating digital divisions to focus on transformative products. In addition, there will be a continuing focus on cloud-centric infrastructure to help align both internal and external resources.
Last year taught us a lot about what to do and what not to do when running a business during a crisis. And fortunately — or unfortunately, depending on how you view it — there is always a crisis right around the corner, so no lesson garnered during the coronavirus pandemic is ever lost.