Thinking about Third Parties

The demands on modern manufacturers lie heavier than ever. There’s so much to think about in the here and now, never mind in setting strategy and planning for a future landscape which is set to evolve more rapidly than at any other time in human history.

Day to day, you are looking to reduce waste of all kinds, dealing with excess or constrained capacity, balancing make vs buy decisions and dealing with pressure from customers and competition. At the same time, you have to forward plan and ensure operations are set up to handle future demand. Whatever decisions you take, you cannot afford for future planning to disrupt the present.

That’s why smart manufacturers partner with smart third party engineering services, to minimize risk and avoid disruption.

There is always untapped cost efficiency to be added in to your process and there is almost always hidden capacity. An external partner can help you accelerate your existing efficiency program and get the most out of your existing manufacturing assets.

Process to point of cut

For our part, processes are intended to help customers ‘think like the machine’. This is built on the idea that, although data helps a business, process and capability knowledge can truly transform it. Truly eliminating untapped capacity can only be achieved by conducting analysis at the total process level and deep analysis at the point of cut.

Technology investment alone doesn’t constitute ‘smart’. It takes intellect to achieve marked improvements – technology is the enabler. Transforming big data into smart data is about using data analytics to ensure once data is captured, it is then filtered and interpreted correctly to create a firm foundation for optimizing actions that deliver tangible process improvements.

We believe that IT should become the domain of everyone across the business, to ensure data driven insights are accessible in real time, by anyone. it must work seamlessly with personnel across the organization to not only inform operational and strategic decision making, but be educated itself at multiple touchpoints, so real time data and analysis becomes a standard approach.

Linking metrics throughout the organization and aligning these deep dive analytics with company objectives may sound obvious but without taking a two-fold approach that comprehensively covers the machine and process elements, it’s likely that vital insights are being ignored.

Manufacturing consultancy

These process optimizations are of course, very effective in theory. However, few organizations have invested in the tools (technologies) and thinking (people) to exploit this advanced way of working on an impactful scale. This could be a lack of awareness and/or apathy towards Lean concepts, or because, with the sector struggling with skills and workforce shortages, the detailed understanding necessary isn’t readily available.

Third party partnerships that can bring both business acumen and deep machining insights can bridge the gap to make holistic improvements that tackle process and machine output together and yield significant impact to the bottom line.

About the author

Rick Gambaccini

CEO