Greatest Manufacturing Challenges with Calvin Williams
Every organization’s end goal is to have continuous improvement. There are tools out there that can help you with it. One of such tools is the Impruver. It helps you keep your performance up-to-date and notifies you when you miss something and gets you on your way towards what need to be done. Another tool that helps you make continuous improvement is digital action board. It places an accountability process in place where you can see the results for yourself, improve the area that needs it, and keep tracking individual and overall performance. Having those checks brings a sense of responsibility in everyone that directly impacts manufacturing of your facility.
In this episode, we covered:
- How can you achieve continuous improvement?
- Find out which organizational tool is right for you!
- Why is it getting more difficult for big companies to stay current with market trends?
- And much more!
It can become very difficult for big companies to stay current with the market trends as the technology is always changing and so are the market trends. The bigger companies have a competitive edge when it comes to owning the market and setting the trends as well. The small companies have to struggle in the market. It’s hard for them to find good talent and it ultimately becomes hard for them to survive in the market. There are different apprenticeship programs that can help smaller startups acquire talent as well as college students get into early careers in the process.
There’s always a demographics change that companies struggle with. The experienced workers are always leaving and it is hard for manufacturers to replace them. The technology helps in some ways but manufacturing industry is not so advanced in the technological field, so it becomes hard for younger workers to get on with traditional tools. Only a small percentage of manufacturing companies are taking the advantage of software and cutting-edge technology to derive improvements. They have vast resources and control major part of the market. They are more focused on overcoming challenges in distribution, demand and supply, and other customer satisfaction strategies.
Smart technologies like AI have really made things easier for major manufacturers where human resources are replaced by robots and control systems. There are very few companies with that kind of infrastructure and capital investment but they are the ones who control everything in the manufacturing industry. They are always moving and planning ahead so that they can be the trend setters instead of following them. AI is a next level evolution and it will take a few years for it to take over but it really is a threat to workers on the shop floors.
It also cuts down and sometimes replace the middle management. So, companies that are agile in usage of technology and have the capital to expand on it, are the ones who hold all the power in the manufacturing market. Other companies should learn from such companies, try things, experiment with different technologies, and keep the talent that would help them look towards the future market. They really need to understand the needs of the customers and take advantage of every opportunity that is out there. The companies should bring change internally and also pay attention to the global market.
Eruditio Links:
Calvin Williams Links:
- Impruver.com
- calvinlwilliams.com
- Impruver Linkedin Page
- Impruver on Youtube
- Calvin Williams LinkedIn
- Rendenhayi Video
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