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Wednesday, June 2nd 2021

This week in
Consulting

Manufacturing engineering 5.0: the next step?

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This week’s must read

Is Lean Manufacturing Still Relevant in 2021 and Beyond? • Four Principles
A year into the covid-19 pandemic, companies must cope with greater uncertainty than ever before, due to the unpredictability of consumer demand, dramatic fluctuations in supply chains and the instability of the broader economy. the future looks just as unsettled, with manufacturers tasked with tryi…

 

As the COVID-19 pandemic has significantly altered the global business landscape, using Lean in combination with new tools and technologies can help companies solve problems and adapt to keep pace with change. Is Lean Manufacturing more essential today than ever before?

This Week’s Must Read is an insight piece from Four Principle about the benefits of Lean Manufacturing .

@Four Principle

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Thought Leadership

Complete Facility Relocation Project Checklist
To avoid complications and ensure a steady move, manufacturers need a facility relocation project plan. Get started on that plan with this handy checklist.

As new manufacturing jobs will be necessary for the future, those new workers will need safe, high-quality facilities to do their work, and relocation can be a long, frustrating, and expensive process. Here are all some critical things to consider for a facility relocation project.

 @Campbell Corporation

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Lean Manufacturing Demands Agile Production and Support
Companies can reduce costly delays and add value by building agile into their factories.

Support functions interact with the manufacturing workforce and contribute to continuous improvement in modern factories, reducing their costs and increasing the value of the support functions by leveraging agile ways of working. Does agile suit every manufacturing company or situation?

 Benjamin Rehberg, Mikaël Le Mouëllic, and Ileana Nicorici@BCG

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The future of work in manufacturing
Job rules and the nature of work are changing in what’s called the Fourth Industrial Revolution. We examine what future manufacturing jobs will be like in the digital era.

As digital transformation and the Fourth Industrial Revolution continue to redefine manufacturing jobs of the future, understanding how work might change can help the industry as a whole prepare for a transformative future. What are the skills that will become must-haves in the future workplace?

Paul Wellener, Ben Dollar, Heather Ashton, Luke Monck and Aijaz Hussain@Deloitte

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11 Trends That Will Dominate Manufacturing in 2021
Much has been said about Industry 4.0, and how it has revolutionized the manufacturing world by providing manufacturers with opportunities to utilize advanced tools and technologies throughout the product lifecycle.

COVID-19 has changed the world and the manufacturing industry. Manufacturers that intend to survive in this new era must fully embrace Industry 5.0 and reimagine the future of their companies.

Martin Boggess@Hitachi Solutions

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This week’s Consulting News

Marsh McLennan Names Nick Studer President & CEO of Oliver Wyman Group and Vice Chair of Marsh McLennan
Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today announced that Nick Studer

| @Businesswire

Protiviti adds trio of consultants with Big Four background
Global risk, finance and technology consultancy Protiviti has strengthened its team down under with the addition of three new consultants.

| @Consultancy.com.au

Ashfield Engage acquires US consulting firm Nuvera LLC -
Ashfield Engage has completed the acquisition of Nuvera, a US-based healthcare consulting firm specialising in patient support programmes

| @pharmaphorum

GoodFirms Reveals The List Of Best ERP Consulting Companies - 2021
The ERP consulting services help varied organizations follow a compelling strategy to build an approachable IT infrastructure with optimal solutions that best suit them.

| @GoodFirms

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This week’s media

Concurrent Engineering is a method of designing and developing in which the different stages run simultaneously rather than consecutively.

Consulting sourcing tips

Previous Weeks’ issues

Hélène Laffitte
CEO and Co-Founder at | Website | + posts

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.

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Understanding Consulting Fees to Help You Make Smarter Decisions
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Consulting firms offer their clients valuable expertise, from knowledge to resources, for a certain period of time. But this type of service involves much more than that – it has an element of the economic game involved as well. The production potential of a consulting firm is completely dependent upon how they bill the time spent on projects. Every day lost has an impact just like any empty seat on a plane: it's a missed opportunity and unproductive time that was not used to its fullest potential.
Trends Shaping the Future of Private Equity in 2023| This Week in Consulting
Trends Shaping the Future of Private Equity in 2023| This Week in Consulting
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Applications and Innovations in Data Science: Trends for 2023 and Beyond | This Week in Consulting
Applications and Innovations in Data Science: Trends for 2023 and Beyond | This Week in Consulting
In this issue of This Week in Consulting, we explore the various roles, tools, and processes that make up the data science lifecycle. We also examine various use cases of this growing discipline, as well as what lies ahead for the field.

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