How to transfer knowledge to the next generation of workers

The knowledge gap created in the wake of Baby Boomers exiting the workplace can be vast. Companies that don’t plan for generational management shifts risk falling behind and losing out to their competitors. Now more than ever, it’s essential to have a succession plan, a process for identifying and developing new leaders who can replace […]

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How are Lean Manufacturing and Industry 4.0 connected?

Lean Production is widely recognized and accepted in the industrial setting. It concerns the strict integration of humans in the manufacturing process, a continuous improvement and focuses on value-adding activities by avoiding waste. However, a new paradigm called Industry 4.0 or the fourth industrial revolution has recently emerged in the manufacturing sector. It allows creating

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Using technology to cross the skills gap in manufacturing

Manufacturing has undergone a dramatic change in the last several decades. It’s now facing it’s biggest challenge – the growing skills gap. Automation plays a critical role in production, which means that many tasks that have been historically managed by skilled workers are now being done by machines. Fortunately, workers have not been fully replaced

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Dealing with the loss of skilled labour’s knowledge and unscheduled downtime

Latest research shows that currently, unplanned downtime remains an unsolved conundrum, but it is certainly one worth solving. More than eight in ten organizations have been impacted by at least one unplanned outage involving their machinery/assets over past three years. On average, organizations have experienced two episodes during this period. Downtime consultants say that almost

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