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
Demand management is an indispensable instrument for procurement professionals and businesses in general. Implementing it for the consultancy category is a no-brainer if you want to maintain spend control and strategic alignment.
Internal Consulting is a growing trend today. In this article, you’ll learn how to set up your internal consulting group.
When you are looking for a consultant or a consulting firm to help you improve your business, it’s a good idea to check the references provided. References can provide more information about the consultant or firm and can offer insights into the kind of work they have done in the past. In this article, learn the importance of checking references and what questions you need to ask while doing so.
Previous Weeks’ issues
In this issue of This Week in Consulting, we explore various aspects of corporate governance, and how the boards can play a role on topics such as Cyber security, ESG, Diversity, Data Privacy, and Diversity. We look at not only how to set the direction but also how to measure progress.
In this issue of This Week in Consulting, we explore various aspects of crisis management, from using simulation to preparing for crises to organizing communication. We also look at how to involve the key stakeholders, some best practices from a leadership standpoint, and how to flip the script and in some cases turn the crisis into an opportunity.
In this issue of This Week in Consulting, we explore key trends shaping the future of hospitality, which promise to be quite exciting on all these fronts.
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.