Tomorrow Redefined Conference’s Post

Check out this article on how IT companies are increasing their numbers by optimizing their processes. Whether it's manufacturing, healthcare, or service industries, lean principles can help identify areas for improvement and drive positive change. Learn more from the Managing Director of Lean Institute Bulgaria, Vasil Petrov, here: https://lnkd.in/dHNsFdgy

Is your #SME positioned to capitalise on the recent uptick in Singapore's #manufacturing sector? ✅️🏭 ➕ Positive signs are emerging! #Singapore’s manufacturing sector showed resilience in July 2024, with a notable 1.8% year-on-year increase in output, according to the latest data by Singapore Economic Development Board (EDB). While the transport engineering and general manufacturing clusters led the way, certain segments, particularly biomedical manufacturing, faced challenges. This varied performance across clusters highlights the diverse and multifaceted nature of Singapore’s manufacturing landscape. Sectors like transport engineering, which saw significant #growth, could provide a boost for businesses involved in supply chains, logistics, or related services. On the flip side, clusters with declining output may signal a need for affected firms to adapt and innovate to maintain business viability. 🔍 Explore the insights from EDB's latest Monthly Manufacturing Performance report. Download the full report here: https://lnkd.in/gSrsvBu At SME Centre@SMF (Singapore Manufacturing Federation), we help #SMEs identify opportunities, mitigate risks, and propel your business forward. Book a complimentary 1-to-1 business advisory session here: https://lnkd.in/g_5tassX and let our Business Advisors #support your business growth! #smesupport #sgbusiness #businessgrowth #businesssupport #businessadvisory #consulting #businessstrategy #monthlymanufacturingperformance #SGeconomy #economicoutlook #businessresilience #growthopportunities #transformation #manufacturingoutlook #manufacturingtrends #productivity

Back in 2019 published Filip Mrdak an article in which he mentioned the term INDUSTRY 5.0, I just wonder if and how his view on INDUSTRY 5.0 changed, and how the approach of companies and businesses in #SERBIA changed after INDUSTRY 5.0 became just a few years later the biggest global industrial trend of a century https://lnkd.in/dH-YPj3x INDUSTRY 5.0 AMBASSADORS NETWORK Industry 5.0 INDUSTRY 5.0 STRATEGIC ALLIANCE

𝗟𝗲𝗮𝗻 𝗮𝗻𝗱 𝗦𝗶𝘅𝘀𝗶𝗴𝗺𝗮 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟭. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 The research report provides an overview of the Lean and Six Sigma Services industry chain development, assessing the market status of SMEs (Cloud-based, On-premise) and Large Enterprises (Cloud-based, On-premise), along with key enterprises in developed and developing markets. It analyzes cutting-edge technology, patents, key applications, and market trends in Lean and Six Sigma Services. 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐨𝐟 𝗟𝗲𝗮𝗻 𝗮𝗻𝗱 𝗦𝗶𝘅𝘀𝗶𝗴𝗺𝗮 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/gAQ3HQN9 *𝗕𝘆 𝗧𝘆𝗽𝗲: Cloud-based, On-premise *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: SMEs, Large Enterprise *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Bonfiglioli Consulting, Cordence, KPMG US, R/GA, House of Performance (hop), Pollen Consulting Group #leansixsigma #leanmanagement #sixsigmatraining #processimprovement #qualitymanagement #continuousimprovement #efficiency #businessoptimization #operationsmanagement #performanceexcellence

Join us for the North American JAGGAER Group Event happening in Chicago on October 22-23! Engage with an enthusiastic community of procurement professionals to discuss challenges, share insights, and find real-world. This is a perfect chance to learn how to leverage the advantages of JAGGAER One directly from the experts and connect with fellow procurement practitioners. Secure your place now: https://okt.to/fwGeJ8 Here’s what you can look forward to: Expert Insights: Learn from industry leaders. Networking: Build connections with your peers and exchange experiences. Actionable Solutions: Discover strategies to enhance efficiency and supplier relationships. Career Growth: Delve into the cutting-edge AI solutions offered by JAGGAER. Don't let this chance slip by to connect, advance your career, and make a significant impact on your organization. Register now: https://okt.to/mHFDRE #Procurement #ProcurementStrategies #Networking #ProcurementInnovation #AI #FutureOfProcurement #JAGGAEREvents #JAGGAER #UserGroupMeeting #UserGroupSummit

Key Topics at the Advanced Procurement in Pharma Conference https://lnkd.in/gBJkhHgg #Strategic Sourcing and Procurement: Importance: Effective sourcing strategies are crucial for optimizing supplier relationships and procurement efficiency. Numbers: Strategic sourcing can lead to cost reductions of up to 15% and improve supplier performance by 20%, enhancing overall procurement efficiency. #Supply Chain Optimization: Importance: Efficient supply chain management is essential for maintaining product availability and reducing lead times. Numbers: Implementing optimized supply chain practices can decrease inventory holding costs by up to 30% and reduce order-to-delivery times by 25%. #Risk Management: Importance: Identifying and mitigating risks in the supply chain helps prevent disruptions and ensures continuity of supply. Numbers: Effective risk management can lower supply chain disruptions by up to 40% and reduce risk-related costs by 15%. #Innovation in Procurement: Importance: Leveraging new technologies and digital tools can significantly transform procurement practices. Numbers: Adoption of AI and digital tools can enhance procurement efficiency by up to 25% and reduce procurement cycle times by 20%. #Regulatory Compliance: Importance: Ensuring compliance with regulatory standards is critical for avoiding penalties and maintaining market access. Numbers: Compliance improvements can reduce regulatory fines by up to 50% and ensure faster approval times for new products. #Sustainability and ESG: Importance: Integrating sustainability and ESG factors into procurement practices helps meet corporate social responsibility goals and enhances brand reputation. Numbers: Sustainable procurement practices can reduce carbon footprints by up to 20% and improve supply chain transparency, leading to higher stakeholder trust. Cost Management and Efficiency: Importance: Effective cost management in procurement helps maximize ROI and optimize resource utilization. Numbers: Implementing cost management strategies can lead to savings of up to 10% on procurement expenses and improve cost control by 15%. #Vendor Management and Collaboration: Importance: Building strong vendor relationships and fostering collaboration drives mutual benefits and ensures smoother procurement operations. Numbers: Effective vendor management can improve supplier performance by 20% and reduce procurement cycle times by 10%.

REGISTER FREE WEBINAR: Future Opportunities For The Manufacturing Industry In Australia In this special webinar, you'll gain valuable insights from manufacturing experts and industry leaders, including our Executive Director, Ian Hudson. They'll explore the current trends shaping the global manufacturing landscape and spotlight potential local opportunities for you to consider. Register now for the free webinar at 12pm-1pm on 20 February 2024 - https://lnkd.in/g_MfC8S4 Business NSW Demi S. Mustafa A. #ICN_NSW #ICNGateway #businessnsw #manufacturingopportunities #webinar

🌎Export Manager: the picture of the company..🌎 ..preferably snapshot. This is what the #exportmanager should do when he or she enters the company.   One possible tool is the Export Company Assessment, a tool that allows for an an instant assessment of the company's level of maturity with respect to the internationalization project.   It consists of a questionnaire that touches on the following different areas including: ✅ Size and positioning; ✅ Organization and management; ✅ Product and Supply Chain; ✅ Sales Cycle and MKTG; ✅ IT/Digital Transformation; ✅ Financial Area Questions targeted with certain answers, represented on a scale, and the application of an average return an index measuring the distance to the project of internationalization. It is a useful working tool for the Export Manager as well as for the company and often returns a different reality than the perception. What do you think?🤔 Take your time to delve into the subject in the EgeaEditore book “Export Manager – A Practical Guide to Develop Foreign Markets” and, if of interest, go to https://urly.it/3aksj #SMEs, #internationalization, #exportmanagement

📅 Register today for this complimentary, compelling webinar on - Propelling Industry 4.0 and Digital Transformation with Smart Industry Readiness Index (SIRI) Assessments. To accelerate the manufacturing sector’s Industry 4.0 transformation, the Singapore Economic Development Board (EDB) partnered with TÜV SÜD, a leading testing, inspection, and certification company, and other industry leaders to develop an industry transformation framework known as the Smart Industry Readiness Index (SIRI). SIRI serves as a diagnostic tool 🛠️ for companies, across all industries and sizes, to understand Industry 4.0 concepts, evaluate the current state of their manufacturing facilities, and prioritize focus areas with the largest impact to improve quality, productivity, speed, and flexibility. PRACTICAL INSIGHTS WILL BE SHARED ON: * Challenges companies face initiating digital transformation projects * Operations and supply chain visibility * Defining the roadmap and blueprint for transformation * Best Practices for facilitating change * Building digital transformation to achieve long term results When: Wednesday, November 6th Time: 2:00pm ET/11am PT Duration: 1 hour with Q&A Cost: Free Presented by: Craig Casillas, Industry 4.0 Program Manager and Certified SIRI Assessor at TÜV SÜD #SmartIndustry, #Industry40 👉 Register here http://spkl.io/6042fr89r

The Green Report, ICN: Past, Present, and Future, authored by Dr. Phillip Toner and Emeritus Professor Roy Green, explores the challenges facing SMEs in securing contracts. It outlines strategies for building a stronger manufacturing sector and reducing Australia's reliance on foreign supply chains. Download now: https://lnkd.in/g-fPjPWR #manufacturing #supplychain #strategies #industryinsights