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“If you think of standardization as the best that you know today, but which is to be improved tomorrow; you get somewhere.” –Henry Ford Talk to any CEO today, and he would cite standing out in the crowd as the highest business priority. Counter to the old school believe, part standardization is a winning strategy […]
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The aura of Edison is reflective of his awesomeness. In his quest to achieve success in every field, he advocated two principles –hard-work and the unwillingness to take anything for granted. And, today, the word ‘Thomas Edison’ is a metaphor used to describe clever and intelligent people. If ‘Thomas Edison were an old wine, you
How to become an industry leader by thinking like Thomas Edison Read More »
Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill. A manufacturing company is bound to deal with failed projects at some point or the other. Whether the failure is due to a single event or multitude of issues, these failures form the backbone of a
Breaking Past Failed Projects. 5 Ways to Snap it Read More »
Industry 4.0 is the latest buzzword fascinating the manufacturing sector because it converges the two worlds, which so far have remained aloof from each other – Information technology (IT), operational technology (OT) and digital industry. It connects the supply chain of a manufacturing firm and the ERP systems to the production line, enabling an integrated
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Back in the 1940s, the cost of labor was affordable, and humans were willing to perform repetitive tasks for a meager salary. But, since then, the cost of labor has steadily increased, and the willingness to perform the mundane and repetitive tasks on the assembly line has consistently decreased. In the same period, the cost
Universal Robots – How Cobots can Save your Company Thousands of Dollars Read More »
“More than 59% of the manufacturing firms are using some or the other type of robotic technology.” -PwC Since its inception, robots have worked hard to bring about a sea of revolution in the manufacturing sector- a sector prone to errors and manufacturing disasters. With every new technological innovation, robots are becoming smarter, faster and
Should I Invest in Robots? Read More »