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
When you launch a project, you can always hope that the consultant will understand your needs. Or you can write down the reasons why you start a project and what results you expect. Writing an RFP is not easy
The average management consultants salary is $85,000 per year. However, salaries can vary widely depending on experience, location, and industry. However, the job can be demanding, with long hours and frequent travel.
To ensure success and achieve the company goals, the RFP is an essential document. But what is an RFP, and why you should really care about it so much? Also, what are the key elements of a good RFP and why should you introduce your company to an RFP for consulting services?
Previous Weeks’ issues
In this issue of This Week in Consulting, we explore some strategies companies can use to achieve a more sustainable profile. Enjoy the read and share your views with us.
In this issue of This Week in Consulting, we explore initiatives governments are taking to prepare for the future. Better data utilization, digital transformation, transparency, service level improvement, resilience to the future crisis but also how to foster innovation and attract foreign investments.
In this issue of This Week in Consulting, we explore key issues around privacy, and what’s coming our way in 2023 and beyond. Enjoy reading and share your views
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.