The original industrial revolution transformed not just the way humans manufactured things, but how and where we lived. Today, what was once cutting-edge now seems hopelessly dated, and we are well into the fourth industrial age or Industry 4.0 – the age of automation and data transfer. Connected systems are empowering companies engaged in intelligent manufacturing. (more…)
It is clear, South Africa’s manufacturers are not running at full capacity. In fact, according to Statistics South Africa, the industry is running 18.7% below capacity, showing a 3.2% decline in June 2019. (more…)
You don’t need to get far on Google to find stories about how technology is creating seismic shifts for industries around the world. Whether it is entrenched in consumerism or business operations, one factor remains unchanged – at the core of its impact are people. The Australian and New Zealand food and beverage (F&B) industries are clear examples. Not just in terms of how [...]
Few industries have been left unscathed by the break-neck pace of change that has defined the 21st century. Businesses have had to find ways in which they are able to future-proof themselves by constantly evolving to meet the changing needs of customers and partners. (more…)
The most exciting part of my job is spending my days in the midst of UK manufacturing. Every time I meet a new customer I get excited about how these businesses are driving our economy and putting innovation at the heart of the fourth industrial revolution. In the current political climate, it’s easy to lose sight of the potency of our industrial powerhouse. (more…)
We are constantly told that the world of business is becoming increasingly cut-throat and that every enterprise needs to find and hone its competitive edge if it is to survive and thrive. The local and global marketplaces are increasingly dynamic, which means that what worked yesterday, may not work tomorrow. (more…)
I told my team a few weeks ago that I have started learning Arabic. There were a few raised eye-brows and finally, “Why Arabic?” Well, Arabic is so far removed from all the other languages I have learned, and I needed a new challenge. And I can do this on my mobile using Duolingo. (more…)
As a Chief Financial Officer specializing in manufacturing, I enjoy working to mitigate a wide variety of risks. Mitigating risk is a data-driven exercise, which is the kind of exercise I enjoy, especially when my efforts are augmented (along with my eyestrain), by increasingly intelligent AI machines empowered with cognitive technologies. (more…)
There seems to be quite a lot of confusion around Cycle Counting vs. Stocktaking. So, before we discuss the importance of Cycle Counting, we will need to understand WHAT Cycle Counting is, and What Cycle Counting is NOT: What is a Cycle Count? Traditional inventory audits or stock takes, involve counting all of the stock that the organization has on a particular date. Typically this is [...]
Nowadays, we take information technology (IT) for granted and simply expect it to be intuitive to use and for it to simplify our lives. IT enables our personal and business processes and actions to help us lead organized and effective lives. But the ins and outs are completely interconnected. You cannot have one without the other, and successful outcomes rely on what’s put in. [...]
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