Staying on top of the latest industry trends is an effective way to keep original equipment manufacturers (OEMs) at the forefront of the competition, and this is especially true when it comes to technology.
Keeping everything operational and running efficiently is challenging enough, but when you're bogged down with dozens of different tasks and processes to worry about, it's difficult to give your full attention to any one aspect of the production process.
There are a number of tools OEMs can use to this end, including five innovations that can prove extremely beneficial in the manufacturing industry: gemba, hoshin kanri, jidoka, kaizen and poka-yoke.
When it comes to lean manufacturing, one of the areas original equipment manufacturers (OEMs) should not overlook is productivity.
Inventory management can be complicated, confusing and time-consuming, dragging down lean manufacturing efforts for original equipment manufacturers (OEMs).
Without proper supply chain management strategies in place, any other efforts to enhance production efficiency and product quality will be significantly hampered.
Let's look at a few examples of how the Pareto Principle could be applied to OEM operations.
Here's why OEMs in search of more effective procurement should stop thinking with their wallets and start considering the long-term benefits to on-site functionality.
Finding new ways to handle the parts procurement process and manage inventories could potentially lay the groundwork for manufacturing operations that constantly self-improve.