#90 John Broadbent – Industry 4.0, using and integrating technology correctly to do more with less, Part 2.

Keywordsorganisations, people, industry, john, latency, manufacturing, decision, company, excellence, product, data, error proofing, piece, spreadsheet, line, cost, week, buy, technology, thinkingIntroWelcome to episode 90 of the Enterprise Excellence Podcast. It is such a pleasure to have Mr John Broadbent back on the show with us today. John spoke to us last week about Industry 4.0 and the three hats of digital transformations. If you want to start a digital transformation, you have to start at the top and don't get stuck in pilot purgatory. We talked about real-time information and having total visibility on the manufacturing floor. Let's continue the chat today about Industry 4.0. Like in sports! How cool is it to see the leading measures in cricket, the number of runs in rugby, or time counting the seconds on a wheel change in formula one? We chat about project management and business intelligence due to the lack of timely data in the intelligence dashboard. John talks about many big companies and gives examples from their systems. It's a great episode. Let's get to it!Two Minute Tip16.48minJohn, what would be your enterprise excellence two-minute tip in this area of expertise with industry 4.0 and excellence?Get started. Get help. Simple as that. It's a good point. Get started. Don't wait. The World Economic Forum's now got a group called the Global Lighthouse network. You can find them on the internet. Just look up Global Lighthouse Network. There are 90 businesses now in that network. Businesses are being added every few months. And the 90 businesses are being audited by McKinsey. There's a chart that people can find on the World Economic Forum's website that has 16 manufacturing performance metrics. And the audited improvement from starting industry 4.0 to being well versed with it now, both within the four walls of factories and along the supply chain. And the improvements are off the charts. The good news is the chart starts at zero, so no one went backwards. So that might be a range from 2% to 140%. Somewhere in the middle might be your organisation. But when Deloitte say that, you know labour productivity is up by 10%. Capacity is up by 11%. And the cost of manufacture has improved by 12%. If you're a manufacturing organisation could add 10, 11 and 12% in each of those areas to your bottom line. That's not chump change.LinksBrad is proud to support many Australian businesses. You can find him on LinkedIn here. If you'd like to speak to him about how he can help your business, call him on 0402 448 445 or email [email protected].  Our website is www.bradjeavons.com.John Broadbent is available on LinkedIn:  linkedin.com/in/johnsbroadbentHis website is [email protected], and his email is [email protected] contact him and mention our podcast. He will give you a free copy of the industry 4.0 white paper about how to improve manufacturing and performance using the three buckets model as a framework. What's next?Join our membership page to access great resources that we and our guests have made available.Join our community beginning in April 2022.  www.enterpriseexcellenceacademy.com.Contact John for an increTo learn more about what we do, visit https://enterpriseexcellencegroup.com.au/Thanks for your time, and thanks for helping to create a better future.