Educational
What Is Industry 4.0?
In the early 1700’s there was the first industrial revolution with the introduction of the steam engine. Next was the introduction of electricity and mass production capabilities in the 20th century. Fast-forwarding to today, we have the computer that is slowly making its way into the manufacturing industry. This current state is referred to as…
Read MoreLaunching Digital Innovation Companywide
First, let’s start with a few questions to get warmed up on this “Digital Innovation” term being tossed around. Here we will describe what it’s all about, why companies are leaning toward technology, why is it needed, and how to take it companywide. What is Digital Innovation? Digital Innovation is a term used in various…
Read MoreIneffective Corrective Actions:
For companies that are able to find the problems within their operations through outside consulting, audits, and internal evaluations, they are only halfway to a solution. After finding problems and concerns within the business itself, now you have to do something about it; and in most cases, things never get done that result in Ineffective…
Read MoreThree Steps to Reduce Employee Turnover
Is There Anything You Can Do To Reduce Employee Turnover? When you ask someone about their ideal job the answer you sometimes find is that it’s usually not the current profession they are in. Why? Employees Quit For More Pay The answer relates to more money, better benefits, advancement in job position and more vacation…
Read MoreShift The Manufacturing Mindset
How to shift the manufacturing mindset “We aren’t ready…” Where Do I Go? Making decisions has become a fairly easy process in the manufacturing industry, but making the “right” decisions for manufacturers has become increasingly difficult. We’ve seen the rise and fall of many great manufacturers based on certain leaps of faith they have made,…
Read MoreThe 5 Stages of Analytics
Have you ever thought to yourself; Am I doing enough for my business? Is my team making the best decisions? How do I know I am using the right tools for my business? What we’ve done at BluWave is map out various stages of analytics adoption with comparisons amongst each stage. The 5 Stages of…
Read MoreRevolutionize Manufacturing With Analytics?
There has been a drastic move towards the use of data analytics and BI software. Many companies that show some interest have not made this transition yet. Businesses are looking to improve efficiency with the help of analytics and constantly progressing technology. However, according to an IDC report, only 17% of businesses in the nation…
Read MoreGaining Sustainable Growth
Sustainable Growth Gaining Sustainable Growth is a business’s way of funding its growth without leveraging finances or debt. (SGR=Retention Ratio X Return on Equity) Searching for a way to optimize the growth of your business is not easy to find but assessing all the different factors that interfere with your growth will allow you to…
Read More