They invite you to broaden your horizon at their virtual Women’s Global Operations Summit taking place… Most transformations fail. Industry 4.0—which includes connectivity, advanced analytics, automation, and advanced-manufacturing technologies (Exhibit 1)—was gaining momentum before COVID-19, helping companies transform their operations in everything from production efficiency to product customization, with improvements in speed to market, service effectiveness, and new-business model creation. We are continuously seeking the best talent at all levels and for all types of roles, and are particularly keen to talk to experienced professionals looking for their next challenge. Our flagship business publication has been defining and informing the senior-management agenda since 1964. The potential asymmetry in adoption in the wake of the pandemic has caused some companies to freeze their Industry 4.0 initiatives to preserve cash, even as certain leaders have accelerated their adoption, particularly of use cases for supporting business continuity—such as automated planning, digital performance management, digital remote work, and automation to reduce human-to-human interaction. Supervisors can then monitor factory performance remotely and in real time. In most companies, and especially in SMEs, data collection is manual, using pen and paper or basic spreadsheets. Learn about
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Flip the odds. They can deploy interventions when needed, conduct effective performance-management meetings, adapt daily plans to meet customer demands, and to improve labor productivity as well as operational efficiency—all remotely. The authors wish to thank Knut Alicke, Mandar P Atre, Didier Chenneveau, Enno de Boer, Søren Fritzen, Vivek Furtado, Andras Kadocsa, Kenneth Koh, Rehana Khanam, Tom Kolaja, Frédéric Lefort, Curt Mueller, Julian Salguero, Sahil Shinghal, Shubham Singhal, Kevin Sneader, Samantha XH Tan, and Tingfeng Ye for their contributions to this article. Understanding these issues helps organizations formulate a positive business case that will convince suppliers to embark on an integration journey. Applications are open for the McKinsey & Company Women’s Global Operations Summit 2021.McKinsey passionately believes in developing outstanding women leaders and promoting gender diversity, both at their firm and in the world at large. hereLearn more about cookies, Opens in new
Are you a woman with keen interest in benefiting from this opportunity, apply now. As organizations and leaders seek to ensure the health and safety of their people, they are also reacting to supply-chain shifts that are impacting sourcing and distribution logistics. Article Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. This digitally connected ecosystem and real-time visibility assists in the removal of silos across the supply chain function, resulting in lower costs, smaller inventories, and fewer lost sales. Something went wrong. As organizations begin to restart their operations in the next normal, they have an opportunity to reimagine a future with digitized, resilient operations. Players utilizing digital solutions are better-positioned to weather the storm, having moved faster and further than their peers during the crisis. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe, Select topics and stay current with our latest insights, Create a lasting impact in global manufacturing and supply chain operations. A collaboration by the World Economic Forum and McKinsey has identified 44 sites around the world as Industry 4.0 “Lighthouses”: manufacturing sites where digital technologies were implemented at scale, and with significant operational impact. Selection of use cases for pilots is based on a favorable business case, to be refined as the pilots are implemented. Lean Manufacturing WHO YOU’LL WORK WITH You’ll be working with McKinsey’s Operations practice in Europe. Organization. This is a program presenting women leaders with an opportunity to broaden their horizons and meet with like-minds around the world. Installing sensors on manufacturing-line equipment will make significantly more data available, increasing equipment uptime … Interrupted global trade flows and value chains have forced companies to break the silos to improve end-to-end visibility. Much more digital, as is already evident in the immediate response to the next normal:,! Be stronger than ever interview details posted anonymously by McKinsey & Company employees many production lines to degree! The coronavirus pandemic is changing manufacturing operations after COVID-19 process is prone to and... Selection of use cases for pilots is based on a favorable business case, to be hopeful well! Compete with new and agile “ digitally native ” competitors our latest insights, Industry 4.0: manufacturing! 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