))
How Has Loss Analysis Evolved in Manufacturing?
Manage episode 450839595 series 3603110
Content provided by SmarterChains. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SmarterChains or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Loss analysis has evolved from being a leader-led task to involving everyone in the organization. With digital tools, raw data transforms into actionable insights that drive sustainable value creation. Scientific methods now enable adaptive operations, delivering continuous improvement and competitive advantage.
A Journey of Transformation in Loss Analysis
The evolution of loss analysis in manufacturing has been remarkable. Initially, it was a task carried out by a small group of leaders, often brainstorming in isolation to identify operational losses. These early efforts laid the groundwork for creating master plans aimed at reducing inefficiencies and building capabilities.
The real transformation occurred when organizations moved from isolated efforts to total employee involvement. Engaging the entire workforce unleashed the collective power of the organization. Employees at all levels began identifying opportunities and taking ownership of recovery efforts, fostering a culture of commitment and energy toward continuous improvement.
#AdvancedManufacturing #LossAnalysis #SmartManufacturing #Industry40
Would you like to know more about ways to unlock hidden value in your manufacturing operations?
Book a demo with one of our Smarterchains advisors: https://www.smarterchains.com/industry-40-platform-demo
Follow us on LinkedIn
7 episoade
Distribuie
