Going lean has been the goal of most companies in the last few years because lean has proven to be an effective model for most demanding industries like software development, manufacturing, construction, and many others.
In today's cut-throat competition where improved quality, shorter lead times, increased profit, reduced cost, enhanced productivity and better customer service are used to measure a company’s worth, lean is the methodology to follow. Lean manufacturing is simple to understand and quickly makes an impact when implemented properly.
1) Abolishing Waste
Lean principles revolve around the idea of detecting waste and minimizing them. It uses the acronym "DOWNTIME" which reveals the 8 types of waste Lean Manufactures target:
• Defects are arguably the most costly type of waste, especially if it reaches the customer. • Overproduction is making more products than ordered. It can cause raw material shortage and wastage of labor hours. • Waiting is when the line shutdown occurs while equipment repair or waiting for parts. • Not using people’s talents is when manufacturers fail to use their employee’s talents properly, holding back the innovation at the organization. • Transportation is what drives the manufacturing process, from material delivery to supply chain and specific production areas. • Inventory comprises of raw material, finished goods, sub-assembly, office supplies and Maintenance, Repair and Operations (MRO). Outdated inventory can take up valuable space. • Motion means reaching, bending, walking and lifting. Even sharing tools between workstations can waste a lot of time while retrieving it. • Excess processing is spending time on product features that don't affect the functionality.
2) Constant Improvement
Lean manufacturing is not a one-time job, nor is it ever finished. Thus, promoting a culture of continuous improvement instills Lean thinking throughout your organization. Constant Improvement can happen daily. Continuous improvement can also be attained through kaizen, a Japanese term translated... Read More
Metals And Mining Review is one of the top magazine for technology updates and trends in Metals And Mining Industry.
Technology has advanced exponentially in the last decade. Apart from social media apps, better mobile phone cameras, quicker laptops, technology has resolved issues that could not be resolved a few years ago. One amongst these issues is access to high-quality, customized education for students.
Edtech apps have used Artificial Intelligence (AI), machine learning, big data, and linguistic communication process to revolutionise education over the last five years. All children are unique and have distinctive learning desires. On addressing these desires, the educational method can enable a positive development.
However, a tutor within the room cannot teach sixty categories in sixty alternative ways. With decent time, it will give qualitative feedback for a lot of complicated response formats like essays, long answers, and opinion articles, which can boost the overall learning curve.
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We sent the first humans to land on the Moon in 1969. Since then, only of 12 men have stepped foot on the lunar surface – but we left robotic explorers behind to continue gathering science data. And now, we’re preparing to return. Establishing a sustained presence on and near the Moon will help us learn to live off of our home planet and prepare for travel to Mars.
To help establish ourselves on and near the Moon, we are working with a few select American companies. We will buy space on commercial robotic landers, along with other customers, to deliver our payloads to the lunar surface. We’re even developing lunar instruments and tools that will fly on missions as early as 2019!
Through partnerships with American companies, we are leading a flexible and sustainable approach to deep space missions. These early commercial delivery missions will also help inform new space systems we build to send humans to the Moon in the next decade. Involving American companies and stimulating the space market with these new opportunities to send science instruments and new technologies to deep space will be similar to how we use companies like Northrop Grumman and SpaceX to send cargo to the International Space Station now. These selected companies will provide a rocket and cargo space on their robotic landers for us (and others!) to send science and technology to our nearest neighbor.
So who are these companies that will get to ferry science instruments and new technologies to the Moon?
Here’s a digital “catalogue” of the organizations and their spacecraft that will be available for lunar services over the next decade:
Pittsburg, PA
Littleton, CO
Cedar Park, TX
Houston, TX
Littleton, CO
Mojave, CA
Cape Canaveral, FL
Edison, NJ
Cambridge, MA
We are thrilled to be working with these companies to enable us to investigate the Moon in new ways. In order to expand humanity’s presence beyond Earth, we need to return to the Moon before we go to Mars.
The Moon helps us to learn how to live and work on another planetary body while being only three days away from home – instead of several months. The Moon also holds enormous potential for testing new technologies, like prospecting for water ice and turning it into drinking water, oxygen and rocket fuel. Plus, there’s so much science to be done!
The Moon can help us understand the early history of the solar system, how planets migrated to their current formation and much more. Understanding how the Earth-Moon system formed is difficult because those ancient rocks no longer exist here on Earth. They have been recycled by plate tectonics, but the Moon still has rocks that date back to the time of its formation! It’s like traveling to a cosmic time machine!
Join us on this exciting journey as we expand humanity’s presence beyond Earth.
Learn more about the Moon and all the surprises it may hold: https://moon.nasa.gov
Find out more about today’s announcement HERE.
Make sure to follow us on Tumblr for your regular dose of space: http://nasa.tumblr.com
s technological advancements in healthcare evolve in the form of health tools, innovative health programs, analytic platforms and database systems, organizations willing to embrace these innovations are able to prosper in providing quality care and bringing productivity.
Precision medicine: It is an emerging approach to treatment and prevention that takes into account individual variability in genes, environment, and lifestyle of each person. This will allow medical professionals to predict treatment and prevention strategies more accurately for particular diseases. This trend will greatly impact pharmaceutical research also. Precision medicine is anticipated to become more common in coming years, which is widely using in oncology already.
Know More: https://goo.gl/RwmtBU
“Sometimes you just have to love as if you’ve never been broken. Hold your own hand in the rain like it’s the most beautiful thing to do. Wake up one morning to the song of your heart and dance in the kitchen. And be grateful for a fresh day that has made you anew.”
— Juansen Dizon
A global provider of real-time, multi-asset financial market data and solutions, ACTIV Financial, has launched a software ticker plant and a content management platform, which capitalizes on advances in CPU technology and kernel-bypass networking.
“Dr. Grey Walter was a neurologist, robotics pioneer, and a bit of a mad scientist. Living in Bristol, England in 1949, without the aid of modern day computer processors, he built reactive, autonomous robots that could wander about and avoid obstacles. Each robot had two simulated neurons, sufficient for them to display complex behavior. Significantly, Walter’s tortoises represent the first real world demonstration of artificial life.“
When the tension rises, unexpected things can happen – not least when it comes to gold atoms. Researchers from, among others, Chalmers University of Technology, Sweden, have now managed, for the first time, to make the surface of a gold object melt at room temperature.
Ludvig de Knoop, from Chalmers’ Department of Physics, placed a small piece of gold in an electron microscope. Observing it at the highest level of magnification and increasing the electric field step-by-step to extremely high levels, he was interested to see how it influenced the gold atoms.
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The trend of making services customer-oriented is a direct result of rising demands among customers for better services, and the best way for banks to achieve it is through the use of analytics. Technology is the most crucial aspect of the digital age, but so are the customers and their changing expectations on service providers. Improved customer services enhance business opportunities and increase brand value, due to which banks are prioritizing it.
Under the traditional approach, banks collected customer information to build databases that could be used to disburse services. Now, customer data has become easily accessible, and analytics solutions are empowering banks to leverage the data for improving customer services.
The use of analytics in the banking sector is not new. Several processes are already using data analytics solutions to hike the efficiency of operations across departments. However, the potential of analytics in improving customer service is incredibly high, making it an indispensable tool for banks. The following list throws light on the factors which make analytics important for CIOs in their quest to help banks improve customer service.
• Handling Vast Data Volumes Effectively
There are several constraints when it comes to handling analytics through traditional approaches. With the exponential rise in the amount of customer data available with banks, manual analytics is out of the question now. Advanced data analytics solutions are equipped...
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