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Smart Manufacturing: Examples & Benefits

ProjectManager.com

Smart manufacturing is the same thing; it’s a way to produce better with emerging technologies. Just as a smartphone is a leap forward from the old-fashioned cell phone, so is smart manufacturing to traditional manufacturing. Of course, manufacturing has a long history and has made many advancements over time.

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Projects and Cost Management

MPUG

In the dynamic world of engineering project management, cost improvement is not merely a necessity but the lifeblood of sustainable success. Additionally, if our project produces a product, the associated material and manufacturing costs will impact the product’s pricing and sales.

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

When to Use It: The Waterfall approach is great for manufacturing and construction projects , which are highly structured, and when it’s too expensive to pivot or change anything after the fact. The car company applied it to their lean manufacturing model, known as the Toyota production system. How do you know if agile is for you?

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Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

There has been some backlash against Six Sigma over the recent years, some of which is warranted and will be discussed, but overall the process proves a valuable tool in reducing defects in product manufacturing, especially when paired with Agile thinking, lean manufacturing and capable project management tools. What Is Six Sigma?

Lean 417
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Managing Risks in Manufacturing Projects: Essentials and Best Practices

Epicflow Blog

Have you ever faced unexpected setbacks in a manufacturing project that affected its timeline and budget? Neglecting these risks can lead to project delays, budget overruns, and even project failure, which will negatively impact a manufacturer’s reputation. Second, innovative technology may not bring the expected results at once.

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An Introduction to Supply Chain Management (SCM)

ProjectManager.com

These sources include suppliers, manufacturers, wholesalers, distributors and retailers. The field is anything but static, with developments continuing to this day, including taking into consideration issues of sustainability, as well as other ethical concerns, and incorporating risk management. The Challenge of Control.

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How has project management changed?

Rebel’s Guide to PM

At least, the 1950's were when project management emerged as a discipline to help manufacturing, construction and government initiatives deliver more reliably and with greater repeatability. Here are some of the main tech innovations that have led to an evolution in the way we manage projects.