The 4th Industrial Revolution Industry 4.0 and Lean 4.0 – What might they mean for you?

“How’re you doing with the revolution, Comrade?” someone asked me the other day. What?!! “The 4th Industrial revolution!” Like the rest of us I’d heard about the first one, started in Manchester, Cottonopolis. As most of us know, there have been other Industrial Revolutions since then and we’re actually in another right now. Each of the… Continue Reading

Unsure about Re-Shoring?

Just as the winds of greater freedom of trade are headed Eastwards, the future of British manufacturing is coming back from there. One in six manufacturers reportedly took on work returning to the UK in the past year. With all the talk and the publicity, are you unsure about Re-shoring? Why is it happening? Is… Continue Reading

Myths of Manufacturing – We can only remain competitive if we produce in low-cost countries.

“You can’t have your cake and eat it.” Myth or reality? Back to manufacturing. Don’t we often hear….? Myth: “We can only remain competitive if we produce in lower cost countries, especially with a weaker £ pushing up import costs.” Reality: Lower costs overseas can be more than off-set by higher less quantifiable costs. Risk: Cost of… Continue Reading

flow beyond Lean – Stories from the Lean Edge

Background – Business and the British Economy Lord Digby Jones, a dedicated “Captain of Industry” emphasises in both his books, “Fixing Britain” (2011) and “Fixing Business” (2017) the apparently self-evident fact that, “If it were not for the wealth created by Business there would be no tax revenue, there would be no Public Sector.” He… Continue Reading

Myths of Manufacturing – Machines only make money when they’re running. Keep them going whatever it takes!

Back to the future – myth or reality? Some Myths of Manufacturing to be busted too? Myth: Machines only make money when they’re running. Keep them going whatever it takes! Reality: While machines don’t make money when they’re stopped, they only really make money when what they produce is sold (in the quantities ordered – at a profit)… Continue Reading

Paying our way in the world

Summary: One third of mid-size British manufacturers are underperforming in critical areas of inventory turns, Cash Flow and Working Capital Management, restricting their contribution to GDP growth and exports. Even though they survived the “great recession” their existence is still at risk over the coming 2 to 5 years. But, it doesn’t have to be… Continue Reading

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