Did you know that 50% of all edible food that becomes waste does so during manufacturing, distribution, and retail? That screams improvement opportunities. Here's the good news: there are straightforward steps you can take to eliminate waste during the production process. This will not only boost your bottom line, but it also helps create a more...
In this modern era, some of us are fortunate enough to have a process that allows cheap, instantaneous, non-destructive inspection of 100% of what we make. For everyone else, capability analysis is extremely useful. Consider wine making as an example: measurements are more difficult. As soon as you add hydrogen peroxide to a sample of wine to start...
In our switched-on world, power outages can be extremely inconvenient for individuals. But for businesses, even very brief interruptions can cause catastrophic losses.
As the vice president of quality for a $1.5 billion-dollar industrial corporation, Hermann Miskelly is responsible for leading its continuous improvement effort. Now in his 10th year of a Lean Six Sigma deployment, he has overseen the execution of more than 4,000 major improvement projects and another 6,000 small improvement projects. Here are...
After spending decades on both Wall Street and Main Street, I've seen multiple business cycles through many different lenses. Companies begin to eliminate jobs and pull back on investments, which stifles innovation, hurts their brand – and even worse – puts us further into recession. I believe there's a better way: if you invest in continuous...
Tate & Lyle is a global leader in the food and beverage industry, validated by a long and impressive track record of "making food extraordinary" by turning corn, tapioca and other raw materials into ingredients that add taste, texture and nutrients to foods. One of their most recognizable products in the US is the sweetener SPLENDA® Sucralose.
Every organization wants to improve. No matter the industry or department, everyone wants to make steady changes toward business excellence.
We all know that quality is important. Assuring quality delivers an array of benefits - from utilizing less resources, promoting customer loyalty and brand satisfaction, and of course, overall savings when things get done right the first time.
You now often see "Machine Learning" appearing along with "Big Data", "AI" or "Internet of Things" in the discussion of the digital transformation of business.
Imagine you are placing an online order and see a recommended product that perfectly complements the item you are buying. You place the item into your cart, feel content with your online experience and how the brand was able to predict related items that were "just what you need" based on your web behavior. Or what about the heartbreaking feeling...
Greg Kinsey is an industry advisor and executive consultant leading the Hitachi Vantara Manufacturing Practice in EMEA. He and his team work primarily with European industrial companies to help them envision, plan, and execute digital transformations. In his own words, he helps companies become "more lean, more green, more agile, and more...
Predictive analytics models in Minitab Statistical Software can be an incredibly valuable asset in all industries. Business value can be generated from predicting measures such as customer churn, patient length of stay, costs, risk, profits, and many other factors.