Research indicates Lean leads to best manufacturing

A recently released research report from Aberdeen Group revealed that best-in-class manufacturers realize 21% more on-time deliveries, have a 37% higher level of OEE and their total inventory costs are 83% lower when compared to laggard manufacturers.

04/15/2008


A recently released research report from Aberdeen Group revealed that best-in-class manufacturers realize 21% more on-time deliveries, have a 37% higher level of OEE and their total inventory costs are 83% lower when compared to laggard manufacturers. The findings resulted from the analysis of more than 300 enterprises.

Putting the findings in context, Matthew Littlefield, a research analyst with Aberdeen’s Global Manufacturing Practice , said, “Enterprises are continually faced with the pressure to reduce operating costs. Our analysis has shown that in response, best-in-class enterprises are collaboratively sharing best practices across the enterprise and adopting an industry-specific approach to Lean.”

The research offers the following observations:

  • Best-in-class enterprises are 40% more likely to leverage external domain experts for Lean initiatives, and of the best-in-class currently leveraging consultants, 93% leverage consultants with industry-specific experience implementing Lean

  • Performance management is a key capability that differentiates best-in-class performance. The best-in-class are more likely to provide role-based real-time KPIs, link operational KPIs with financials and leverage manufacturing analytics to provide actionable intelligence

  • Technology is the final differentiator of best-in-class performance. The best-in-class are integrating multiple technology solutions to extend the functionality of traditional enterprise applications supporting Lean. These technologies include simulation, enterprise asset management, manufacturing intelligence, business intelligence, advanced planning and scheduling and Lean software solutions.


No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Strategic outsourcing delivers efficiency; Sleeve bearing clearance; Causes of water hammer; Improve air quality; Maintenance safety; GAMS preview
World-class maintenance: The three keys to success - Deploy people, process and technology; 2016 Lubrication Guide; Why hydraulic systems get hot
Your leaks start here: Take a disciplined approach with your hydraulic system; U.S. presence at Hannover Messe a rousing success
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me