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Posts
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Bill of Materials – What It Is, How It Works & Its Benefits
02.12.2024A Bill of Materials (BOM) is a tool that helps to simplify complex products and industrial processes. Think of a product, such as a car, that is composed of 10,000 […]
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Risk Assessment Matrix – What Is It & How It Works
10.10.2024Imagine a project running smoothly, then suddenly running into a roadblock. Missed deadlines due to unforeseen delays, or budget overruns caused by rising transportation costs. These are just a few […]
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Target Costing: A Blueprint for Procurement Engineers
26.09.2024Achieving cost efficiency while delivering high-quality engineered solutions is essential for success. Target costing is a strategic approach that integrates cost management into both product design and development, ensuring that […]
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Cost & Value Engineering
26.06.2024In today’s competitive environment, maximising the efficiency and effectiveness of resources is crucial. Value Engineering and Cost Engineering offer robust strategies to achieve this goal. As systematic methodologies, they focus […]
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Product Life Cycle Stages Explained With Examples
14.10.2022Why do some products stay evergreen and others fade into the void? How do we know whether to reinvest in a product or introduce a new one? What are our […]
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5S System in Lean Manufacturing
25.03.20215S is a set of principles that, when applied in the workplace, can drastically improve the productivity and efficiency of the entire setup. It is a lean manufacturing tool that […]
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Poka-Yoke in Manufacturing
16.12.2020Most competitive studies have found that 70-100% of manufacturing incidents are due to human error. It can happen with the most well-trained and experienced person. There are many reasons for […]
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Why & When to Adopt Concurrent Engineering?
01.10.2020The manufacturing and engineering landscape can be pretty competitive. New methods from lean manufacturing to various product design principles are created to gain a slight edge over competitors. Concurrent engineering […]
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What Is Cloud Manufacturing? And Who Can Benefit From It?
30.10.2019Cloud manufacturing may not be a familiar term to everyone. But there are good reasons to get acquainted with it. Michael Mandel’s Forbes article about manufacturing platforms brings out many […]
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9 Steps for Choosing a Manufacturing Sub-Contractor
10.10.2019Choosing the right manufacturing sub-contractor for your needs is a difficult task. Engineers usually build up a list of trustworthy sources over the course of years. Still, a need for […]
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Lean Manufacturing Methods
09.08.2019There is a wide variety of Lean Manufacturing methods. Each of them has specific requirements and benefits. All of the lean tools have different approaches to problem-solving. This article describes […]
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Cost Reduction in Manufacturing – How to Save £10,000 per Engineer?
18.07.2019What if I told you that you can save at least £10,000 per engineer annually? We’ll show you the maths behind it in this article. Manufacturing cost reduction is usually […]
