Wednesday, December 1st 2021
This week in
How new technologies will change the manufacturing industry?
This week’s must read
Manufacturing companies have seen extraordinary disruption in the last year. The COVID-19 problem has expedited digitalisation, increased the incidence of cyber assaults, and changed consumer behavior. The epidemic has exposed flaws in manufacturers’ end-to-end processes, emphasizing the need for increased resilience and agility.
This Week’s Must Read is an insight piece from Anil Khurana, Pwc on how global manufacturing executives are refocusing their plans and priorities as they look beyond the pandemic.
With AI algorithms that perform manufacturing and quality checks, shorten design time and reduce material waste, manufacturing teams can maintain high quality levels and resolve production defects early.
Over the last decade, the use of robots in industrial facilities has been a hotly disputed issue of rising relevance. As robotics become more prevalent in the manufacturing process, it’s important to analyze how sophisticated technologies affect the job of the production worker, particularly in terms of safety.
To decrease waste and costs from their operations, product manufacturers have pioneered the creation of just-in-time systems. Manufacturers must make their companies and operations more sustainable in the face of climate urgency and pressure from authorities, shareholders, and customers. So, how do they pull it off?
Manufacturing experts cite decreased time and costs involved with developing new goods, lean production, fewer waste, and modest energy use as the most significant advantages of Industry 4.0.
Furthermore, digitization helps firms to expand their product lines by delivering bespoke items in small amounts.
This week’s Consulting News
John Goddard, one of the firm’s most senior partners located in London who has held various leadership positions, will manage the firm’s sustainability activities and head the L.E.K. Sustainability Centre of Excellence in the newly formed post. | John Goddard@L.E.K. Consulting
In the heart of the Occitanie area in Toulouse, France, CGI has created a new global innovation center devoted to Industry 4.0. CGI has built a network of global innovation centers in France, including centers for digital transformation (Montpellier), commerce and consumer services (Lille), and supply chain digitization (Lille) (Lyon). | @CGI
The BlackNorth Initiative announces the release of its exclusive Racial Justice Playbook, a powerful new tool developed in collaboration with Boston Consulting Group (BCG) to promote racial equity and aid business Canada in learning how to address and rectify systematic racism. | @The BlackNorth Initiative
Olga Bandini joins as a Director, bringing with her over 16 years of management consulting and deal advice expertise in the energy sector, garnered at big four accountancy firms in the UK and throughout the world.She has consulted on some of the oil sector’s largest and most complicated integration and separation deals in the last decade, from buy-side to sell-side to joint venture formation. | Olga Bandini@EY
This week’s media
The COVID-19 worldwide pandemic, which struck in 2020, had a tremendous impact not just on the economy, but also on the way industrial firms and factories function. The whole industrial sector and supply networks had to react quickly to the pandemic’s unanticipated problems.
Consulting sourcing tips
Discover effective strategies to conquer tail spend management with our comprehensive guide. Explore five recommended practices that will optimize your procurement process, reduce costs, and increase operational efficiency. Learn how to tackle low-value purchases, leverage technology, streamline supplier relationships, and implement data-driven decision-making. Don’t let tail spend derail your budget and productivity—empower your organization with our expert insights and take control of your procurement today.
Deciding who should be in the room when making big decisions is one of the most important aspects of any decision-making process. Obviously, those directly affected by the decision should be involved, but there are other key players whose voices need to be heard as well.
Type Consulting Procurement in your browser and look at the results. What do you find? A list of consulting companies that offer their services to help improve your company’s purchasing and/or sourcing capabilities. But is it the same thing as Consulting Procurement?
Previous Weeks’ issues
In this edition of This Week in Consulting, we delve into the world of technology-enhanced sports experiences. From augmented and virtual reality to blazing-fast 5G connectivity, we explore how these innovations, and above all, AI, have transformed the sports landscape forever.
In this edition of This Week in Consulting, we explore recent developments in the fintech and payments industry, upcoming trends and innovations set to reshape the space, the ascent of tokenization, untapped opportunities in countries like India, and much more.
In this edition of This Week in Consulting, we’ll explore the current state of the manufacturing sector, address the industry’s most significant challenges, analyze the latest tech trends, and peer into where the industry is headed.
Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.