Putting factory-based production in the spotlight
Vendigital
13th January 2025
Are manufacturers prioritising investment in digital capability and Industry 4.0 technologies?
Actionable insights based on expertise
Combining our deep operational and industry expertise, and in-house data science capability, our insights provide fresh perspectives and practical guidance to help businesses address the complex operational challenges and issues they face.
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Is the clean energy supply chain ready for grid expansion?
Vendigital
22nd October 2024
With the government’s renewed focus on upgrading national infrastructure, clean energy providers must ensure their supply chains and processes are fully optimised ahead of any increased demand.
DfX – giving your new product innovation the X factor
Vendigital
27th August 2024
When it comes to new product innovation (NPI), there’s no such thing as a one-size-fits-all approach and engineers often find that juggling different priorities leads to costly, late-stage design changes.
Using should cost modelling strategies to absorb rising costs
Vendigital
24th May 2024
Should Cost modelling can accelerate cost savings, closing the cost gap that often exists between the business environment of months or even years ago, compared to that of today.
What should it cost? The role of good data
Vendigital
3rd May 2024
Should Cost modelling is a crucial practice in many industries. However, the key to successful Should Cost modelling is the availability and accuracy of good data.
Designing for X: Optimising costs and other strategic priorities
Vendigital
29th April 2024
In this blog we delve into why employing DfX methodology is not just beneficial but critical for optimising costs during new product development projects.
Product cost management – a best practice approach
Muneeb Sheikh
23rd April 2024
In today’s business environment, effective cost management is critical for sustaining profitability and competitiveness. We discuss some best practice approaches that can be taken to manage product costs.
The Bottom Line: Effective Methods for Decreasing Product Cost and Boosting Margins
Vendigital
15th April 2024
We explain how analysing and challenging Could Cost and Should Cost elements using fact-based models, value engineering and benchmarking can help achieve Best Cost.
5 ways for manufacturers to accelerate decarbonisation
Sheena Patel
22nd March 2024
As climate targets approach manufacturers could be doing more to tackle Scope 2 emissions – resulting from the generation of purchased energy – and Scope 3 emissions – produced throughout the whole value chain.
Engineering the way to better strategic decisions
Vendigital
24th May 2023
With technology, including Artificial Intelligence (AI), advancing at a faster pace than ever before, businesses must have strategies in place to utilise it effectively or risk falling behind.
Balancing risk and reward is key to sustainable growth during recession
Vendigital
10th March 2023
As manufacturers strive to protect revenues and maintain market position, balancing risk and reward could enable them to achieve growth.
Diffuse inflation pressures
Vendigital
26th July 2022
The geopolitical climate has become more volatile in recent times, putting pressure on global supply chains and triggering inflation. For manufacturers, this has led to a build-up of inflationary pressures, all of which need diffusing now.
How digital twin tech can improve cost predictability
Vendigital
6th June 2022
The effective use of digital twin technology can help UK manufacturers take back control of costs through faster, more agile decision making.
Five steps to a fully integrated value chain
Vendigital
25th May 2022
By following these five steps, businesses can boost their productivity and increase profits at each link in the chain.
Prepare for prolonged high inflation
Vendigital
11th April 2022
Rising energy and prices are forcing UK manufacturers to increase prices, but there is a limit to how far they can go. With inflationary pressures increasing, they need to consider alternative strategies.
COP26: A data-driven approach to developing a net zero roadmap
Vendigital
1st February 2022
While many businesses have set out on their net zero journeys, others are just getting started. Either way, the pressure on Boards to take action is mounting and planning for net zero has risen up the agenda.
Managing supply and demand in a high-risk world
Vendigital
16th December 2021
At a time when inflation is rising and supply shortages are impacting productivity, cost control has never been more important. So, how can manufacturers go about optimising costs when operating in uncertain markets?
Don’t Let Rising Prices Curb Your Recovery
Vendigital
19th July 2021
Rising inflation is adding to the pressure on manufacturers. Rather than allowing inflation to erode margins, businesses must decide whether to pass the increase onto customers or reduce their cost base.
Decarbonisation: a defining moment for carbon-intensive industries
Vendigital
11th June 2021
To plot their path to net-zero, businesses will need to instigate a bespoke decarbonisation roadmap and demonstrate their willingness to adapt their operations and systems.
Baking in value on the road to industrialisation
Vendigital
11th March 2021
Inspirational examples of innovation in response to shifts in market demand have been a stand-out feature of the past year, with many manufacturers pivoting to focus on revenue generation during the pandemic
Prioritising supply chain resilience is key to recovery
Vendigital
22nd February 2021
Many manufacturers have faced significant supply chain disruption over the past year. By focusing on improving supply chain resilience there is an opportunity for OEMs to position themselves for growth and profits.
What’s changed for global supply chain strategy?
Vendigital
13th January 2021
But with the prospect of COVID-19 vaccines in the pipeline, are supply chain and procurement managers preparing to press the reset button, or have global supply chain strategies changed for good?
Cost reduction strategies: get ready to profit from recovery
Vendigital
14th October 2020
Despite some tentative signs of manufacturing sector recovery, cost reduction strategies remain a key focus for many businesses and could make the difference between success or failure in the months ahead.
Onshoring could be a valuable post-pandemic strategy
Vendigital
25th June 2020
Onshoring could prove a rewarding post-pandemic recovery strategy for many UK-based OEMs, but are they ready to take advantage of this value-driving opportunity?
Disruption – Responding to Change to Maximise Performance
Vendigital
16th June 2020
The Covid-19 pandemic has had a cataclysmic effect across all sectors, forcing manufacturers to react quickly to continue to meet market demand. In the first of a series
Realising value from cobots
Vendigital
11th May 2020
The manufacturing sector’s adoption of robotics is on the rise. However, when faced with a wide range of collaborative automation technologies, how do businesses know which to choose and how can they optimise value from their investment?
Navigating supply chains with AI and data analytics
Grant Millard
6th March 2020
In an era calling for latency-sensitive applications, where the emergence of edge computing, 5G and AI powered analytics are ushering in the possibility of real-time solutions, companies are looking for the most efficient ways to make use of data.
Taking the Guesswork Out of Using Data to Drive Enterprise Value
Vendigital
16th January 2020
Accessing and organising data, which is both reliable and capable of delivering valuable business insights, is a constant challenge for high-value manufacturers.
Prototyping: new methodology reduces risk and drives value
Vendigital
19th November 2019
Dominic Tribe explains how production-oriented prototyping can help reduce costs and risks for manufacturers by integrating design resources.
Boosting the UK’s battery capacity
Vendigital
6th August 2019
Jaguar Land Rover (JLR) has called for the creation of multiple ‘gigafactories’ to provide the large volume of batteries needed to fuel its electrification strategy.
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