Winning Manufacturing Strategies

May 7, 2013

What is your Business Case for Big Data

For any new trend or technology to be adopted in Enterprise there is a tendency to build a business case on the ROI or TCO model, justifying the cost and the potential returns that can be expected. While this is certainly a strategy that worked for so long for organizations, especially when the technology and the business problems were predicatable e.g. Packaged implementation of a CRM in which both process, technology are known & proven industry wide in each vertical domains.

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April 24, 2013

The rise of 3D Printing

 

We are seeing growing interest and curiosity in using 3D Printing in manufacturing goods. There is a lot of early promise in the way the technology is evolving. The materials that can be managed today by 3D printers are quite few. However, this evolving technology is already being applied in rapid prototyping and is being used by early adopters for manufacturing parts.

 

Wired came up with some interesting articles on Makerbot here and here. The first article saw a good number of reader comments.

 

I ran into an interesting news item couple of days ago - a company plans to launch a 3D printed car in two years! The two-passenger vehicle will be built using strong, but lightweight plastic.

 

The timeframe for the product launch surely looks quite ambitious. This endeavor will likely push the boundaries of the technology forward. I personally feel that 3D printing will evolve over the next couple of years to a point where it will augment today's manufacturing technologies in the areas of using robotics for industrial automation and in the area of product design.  Building large full-scale products using the technology is probably many years out.

 

What do you think about this and the pace at which the technology will evolve?

 

 

April 22, 2013

Comparing the Big 4s of Social Media - Facebook VS LinkedIn VS Twitter VS Google+

 

Guest Post by

Jitendra Kumar Singh, Senior Associate Consultant, MFGADT Online, Infosys

 

The advent of Social Media revolution has changed the way individuals interact with their friends and relatives and also the way Business is conducted in terms of building relationships with Customers and Suppliers. There is not a single day when we don't hear news about Social Media. TV, radio stations and websites are constantly asking us to friend, like and follow them. Overall it enables individuals to receive update from friends, share videos and Photos. For business, it helps them to build and maintain new relationships.

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April 18, 2013

Why social collaboration for product development is not as easy as it seems

Until early last year, for a few years, I was advising a client that wanted to roll out digital collaboration for their product engineering organization.  The idea was to create a platform that would allow engineers from different disciplines e.g. thermodynamics and flight physics, and from different engineering programs, to informally collaborate in a product development scenario. They would record findings as they undertook projects for other engineers to use. When the  projects closed -either successfully or not the lessons learnt would be shared with others in the organization.

 

Last month I heard they were planning to de-prioritize the project. I can understand why. Social collaboration in an engineering organization is not as easy at it appears at the first instance. It is easy to build a technology platform, but to get the social network going, needs a lot more. 

 

Amongst many hurdles, the biggest perhaps is the free-rider problem. As we know, a free rider, in Economics, is someone who benefits from resources or services without paying for the cost of the benefit. To create an ecosystem of knowledge exchange requires people to contribute to the knowledge, and not just consume it. If we have too many free-riders in the network, there won't be enough content to sustain the interest, and it would soon die out. This problem can be especially acute in design and engineering organizations, where the teams are under significant time pressures. Although they will want to use the available information in the network, they rarely have the time to properly document their findings from the projects. Furthermore, the drain on time is even more if they have two different platforms, one for structured engineering and collaboration, and another for social collaboration, which was the case for this client

 

Social networks within organizations need a significant thought in creating the right organization, incentive structure, communication planning and other roll-out strategies.

 

Here again, one-size does not fit all - Different personas will respond to incentives differently. A 30-year veteran thermodynamic engineer may not be as excited about a T-shirt that says "I contributed a wiki today.." as an engineering intern!

April 4, 2013

3 reasons the BRAIN Initiative will help US manufacturing

This week President Obama announced a federal brain mapping project, aimed at conquering challenges such as epilepsy, autism, and Alzheimer's disease.  While the $100 million proposed initial funding amount is not small, it pales in comparison to the $5.5 billion National Institutes of Health already invest annually on neuroscience research.  So why all the buzz?

The President is on to something here, and the BRAIN Initiative (Brain Research through Advancing Innovative Neurotechnologies) should drive a broader agenda -- one that includes innovation and growth.  Mapping the brain as a sort of macro-human genome project will certainly provide other researchers a better starting point to tackle diseases and improve the quality of many lives.  However, this is not just about mitigating or prevent disease, it can also be used as a catalyst to improve thinking and learning processes themselves.  This is an innovation play, not just a medical one.

Academia and business have been discussing innovation management a lot in the last few years, but less press has been given to learning -- how fast, how much, and how well.  Big data and analytics are providing horsepower to make better decisions at moments of truth:  consumer purchase, employee hire, supplier selection, portfolio allocation, and product launch, to name a few.  The BRAIN Initiative can complement this technology, helping us understand how new employees can be more productive, how to retain knowledge from retiring workers, how make decisions with less than complete information, and how to demystify intuition as a valued tool in decision making.  Maybe Malcolm Gladwell was onto something with Blink.  There are 3 reasons that the proposed BRAIN Initiative would be good for US manufacturing:

It captures the imagination.  Leaders are supposed to think big thoughts and lay out grand challenges.  To generate support across a wide base, this needs to be told as a captivating story, not a sterile science lecture.  Create a simple, grand vision, and then line up the scientists and engineers to make it real.  This type of vision is also exactly what US manufacturing needs, and the fuel for good stories is all around:
  • The US is essentially energy-independent for the first time in a hundred years.  Abundant, less expensive fuel alternatives make US-based production plants (which can be large consumers of energy) more attractive
  • The replacing-inventory (and other waste)-with-data swap has reached a crescendo due to the developing maturity of big data, cloud-based computing, analytics, and mobility.  The technologies are creating plenty of success stories to which people can relate
  • 3-D printing.  Yes, there is too much hype and it currently begins and ends with prototypes.  However, the science fiction has become somewhat real, and for under $1,500 an aspiring captain of industry or a creative type can harness this new technology for their own purposes

Learning will become cool.  Let's face it, US companies are facing a dual problem in knowledge management:  on the one hand, the Baby Boomers are starting to retire in large numbers (though later than planned after the brutal recession), so stemming the brain drain is critical.  On the other hand, younger workers are entering the workforce less prepared than ever to be productive, sometimes missing basic skills like communication that companies have long assumed that college or trade school would provide.  The BRAIN Initiative will highlight the science of learning -- how we think, how we learn, and how we remember. Understanding how our 86 billion brain cells do this can help retain the knowledge from our aging workforce while accelerating the onboarding and impact that new workers can make.  After all, if business strategy has to be tweaked every year or two, then agility to learn new things and transform the business needs to become much faster than the 5-7 year refresh cycles companies often experience.

The initiative should make money.  According to White House estimates, every $1 invested to map the human genome has returned $140 to the US economy.   When funds are pointed at a fertile area of opportunity with some real focus, it tends to become a self-fulfilling prophesy.  Even the thought of this can be a catalyst for more people to take risks to get their ideas out into the market, and for larger companies to commit the larger investments that only happen when forward-looking confidence exceeds the hurdle rate of the boring but safe status quo.

Yes, there is a potentially scary side to the BRAIN Initiative, as you can only go so far mapping the brain before you get into some ethically questionable territory.  Things like wireless control and of course thought manipulation are potential longer-term outcomes of the program.  As with any advances in technologies, the ethics questions will have to be addressed along the way as the frontiers of science are pushed back.

There is sometimes debate about the next frontier or even the final frontier.  Our world's oceans, space, and the atom are sometimes held up in this regard.  However, the brain as final frontier has held special fascination for centuries, because it represents a significant part of what defines humanity itself.  For the here and now world of manufacturing, the proposed BRAIN Initiative offers a chance to dream big and also focus on human capital as a competitive advantage.  And that sounds like a smart idea.


March 28, 2013

Industrialization of Big Data is certain, but will likely encounter a few bumps along the way

Google released the paper on Google file system a decade back, and on MapReducethe year after. However, the concepts in Distributed Computing had existed long before. Big Data is now entering adolescence - The technology is maturing fast, and is its adoption has also been expanding at an exponential rate. IDC predicts the Big Data market to be $23 billion by 2016. However the technology is still far from ready for mass adoption. 

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March 26, 2013

iOS or Android: An 'Ecosystem' Footprint will decide the Winner in Future

Yes, I know subject is very intriguing and you would start thinking in all possible directions. You may possibly get biased to an operating system you use and your views will be directed in a manner to make it 'the winner'. 

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March 25, 2013

Digital Transformational Journey for the Manufacturing Industry..

 

Guest Post by

Jitendra Kumar Singh, Associate Consultant, MFGADT Online, Infosys

Manufacturing Industry has undergone a lot of innovations in the last few years which had been primarily to cater to the following traditional challenges:

Ø Reaching out to the new market segments

Ø Reducing the Operational cost and increasing efficiency  

Ø Reducing the Time to Market

Ø Ensuring that the logistical operations run smoothly

 

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March 14, 2013

SXSW 2013 observations and ironies


Recently came back from a weekend in Austin at South by Southwest (SXSW in the parlance) or where the geeks meet the creative types and neat things happen.  Where else can you walk around and see Joi Ito (MIT Design Lab icon), Al Gore, Chad Hurley (YouTube founder), Elon Musk (SpaceX), Shaq as angel investor (yes, 7 ft Shaq), and meet @RealGrumpyCat (if you have to ask, you may not be that into social media)?

Among the 28,000 attendees and hundreds of sessions, some interesting ironies emerged.

Irony #1:  Physical matters.  Much of the buzz was about hardware, the physical side of things.  Apple has long since proven its point that the best user experience may be created when all elements of the product and delivery system are tightly controlled.  3-D printing has made the ability to create something that anyone can do, either by spending less than $1,500 (MakerBot) or renting some machine time (at TechShop).  Crowdfunding is also making it easier for startups to get the backing need to produce the initial release of physical products, not just software.  there were several sessions on how get the most from Kickstarter and other accelerator organizations.

Rubina Madan Fillion of the Wall Street Journal backed this up in an article, saying "This was not the year of the break-out social media app -- this year was all about the real world."  This also reinforces the importance of manufacturing, where advanced manufacturing techniques combined with global economic factors and supply chain realities are also making it more attractive to manufacturer locally.  Reshoring got some mention as well.

Irony #2:  Innovation takes time.  The mainstream press has been questioning why SXSW is not launching more groundbreaking products, like Twitter (2007) and Foursquare (2009).  Of course, the fact that mainstream media is weighing in heavily on anything at SXSW speaks to what an influence the event has become.   Fact is, innovation does not just mean cranking out lots of inventions at a torrid pace.  Making something a real hit means scale and adoption, and that creates the critical mass and network effect to drive the next groundbreaking invention and subsequent innovations.  Many of the exhibitors seemed to have more of a business persona, with "enterprise" somewhere in their name or feature list.  Less edgy perhaps, but it reinforced this notion of scale and adoption.

Irony #3.  F2F is important.  For all the hype about social technology and media, these people really liked the good old-fashioned face to face social networking of BBQ, bands, and brews.  The technology simply augmented that experience and helped people know what was going on, locate relevant events, and identify their friends there.

Irony #4.  People still read physical print.  In a digital world, at an interactive event, there was still tremendous interest in authors discussing their books, with old school book signings and a large physical bookstore on premise.  Again, the physical and tactile have their place alongside the digital and virtual.  One of the better book readings was Social Business by Design, by Hincliffe and Kim.  A consistent theme was the increased, pervasive incorporation of social media into large enterprises.  You almost got the sense it was social media 2.0 for business, with everyone ready to accept a little more structure now because they see the potential for enterprise class application and benefits.

Also interesting was seeing the trade consulates from over 20 countries vying for attention and companies -- a sort of musical, digital World War III.  The war for talent definitely extends to entrepreneurs as well as employees.

All this is very exciting for manufacturing companies.  Advanced manufacturing techniques have become cool again, as they are a nexus of hardware and software in the act of production.  Machine to Machine integration, big data for product analytics, and accelerated production are all important components as well, providing a physical-social media while managing the large volumes of product-related data through the product lifecycle and through customer interaction and feedback.

The takeaway?  While digital transformation and social media may gotten an early start in consumer goods and retail, digital in business to business and manufacturing have earned their place on the big stage as well.  And that is music to the ears of anyone looking for the next big thing in tech.

March 7, 2013

Commiserating the Traditional Marketing

The social media has such an influence today that every brand is in a mad rush to make their presence felt on the social scene. It all started with people lukewarmly opening up to the social media as a marketing medium & then suddenly it garnered so much hype that everyone started measuring clicks, likes, shares and what not!

Slowly but surely, the market has matured and marketers are starting to realize that Social networks cannot magically transform their brand but at the same time it is a very effective medium by which they can create a brand presence which will be very effective in the long run.

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