After years of commitment to quality and safety in the use and production processes of abrasives, FEPA member companies created the SEAM (Sustainable European Abrasive Manufacturers) program in 2020. This program aims to implement sustainability measures industry wide.
We surveyed Chief Digital, Operations and IT Officers, along with Transformation Directors, Managers and leaders from a wide array of sectors. We asked such questions as 'what stage is your company at in its digital transformation journey?' and 'how would you describe that journey?'.
Artificial Intelligence (AI) has been present in numerous industries for considerable time. Companies have been leveraging AI-based models for numerous applications. The advent of Generative AI (GenAI), however, marks a pivotal evolution, offering the potential to revolutionize entire sectors across the economy.
Operational Excellence in laboratories represents a significant improvement potential that is often underutilized.
Since 2020, the Supply Chain in the Aerospace, Defense, and Space sectors has been in turmoil, facing unprecedented challenges.
In today’s competitive landscape, private equity (PE) firms face increasing pressure to not only improve portfolio company operations and capital structures but also to embrace sustainability as a critical lever for value creation.
Companies deal with the topic of “sustainability” in very different ways – sometimes it’s the elephant in the room that everyone eagerly ignores.
What is the difference between CapEx optimization and traditional cost reduction?
Which software investments can be attributed to CapEx?
Sustainable cost reduction focuses on both operating costs and long-term investment costs. What are the main differences in the approaches?
On June 7th 2024, EFESO Management Consultants hosted an exclusive executive leadership panel discussion, providing a platform for leading European industrial and logistic players to share experiences and best practices in achieving sustainability goals while balancing profitability, quality, cost-effectiveness, and regulatory requirements.
How important is the topic of CapEx optimization for chemical companies?
The call for a reduction in CapEx seems to be common sense right now. What are the arguments against it?
Sustainable cost reduction focuses on both operating costs and long-term investment costs. What are the main differences in the approaches?
The optimization of long-term investments has become a critical topic on the management agenda. What are the reasons for this development?
The perspective on CapEx has changed significantly in recent years. What developments do we need to keep an eye on in the future?
Mr. Kamenik, the financial framework conditions and the investment environment for companies have deteriorated significantly in recent years. How serious are these changes?
In the current economic climate, private equity firms are facing extended holding periods due to high interest rates, inflation, and a slowdown in deal-making.
From May 2nd to May to May 5th was held the Motor Valley Fest in Modena, a pivotal gathering for automotive industry leaders, showcasing a mix of heritage and cutting-edge technology. An event where industry veterans and innovators converge to forecast trends and tackle the pressing challenges of mobility.
The 4th industrial revolution is now upon us. Overlaying lean operations with connected technologies can enable new and more efficient processes, services and business models. It is the next level of maturity in operational excellence, promising better synergies between machines and their human counterparts.
During the recent OpEx summit, one of our operational excellence experts participated to a panel discussion titled "Unlocking the Secrets to Successful OpEx Programs" alongside other experts Azeeza Sunmonu, EMEA Head of Commercial Operations & Excellence at GE Healthcare; Maritza Helfferich, Senior Manager Brand Communications Operations at Adidas; Sachin Sankpal, Head of Group Excellence of Digitalization at Vynova Group; and Philippe Lefranc, Global Head of Strategy and Program Delivery, External Affairs at Philip Morris International.
In an increasingly interconnected and volatile world, the need for a resilient supply chain has become paramount.
The persistent and pervasive challenge of food loss within agri-food supply chains is a multifaceted issue that has far-reaching implications for the industry's economic sustainability and the global food ecosystem's resilience. This white paper is a pioneering exploration into the complex labyrinth of food loss, offering innovative insights, actionable strategies, and a comprehensive understanding of the intricacies of this challenge.
On March, EFESO Management Consultants had the opportunity to sponsored Logichem Europe. An opportunity to gain transformative insights and best practices in chemical supply chain management.
A number of global phenomena have impacted – and are still impacting – all markets and businesses in 2024. These include: the Covid-19 pandemic; wars in Europe and the Middle East; extreme weather conditions; the decreasing birth rate in industrialized countries; the acceleration of migration flows; and the acceleration of digitalization – in particular the introduction of AI. All of these are likely to continue, presenting consumer goods companies with a number of challenges.
Amidst the pressing challenges of sustainability, WBR Insights, together with EFESO Management Consultants, surveyed over 100 chemicals supply chain leaders from various organizations across Europe. The results are detailed in the LogiChem Europe Sustainability Report.
We wanted to share with you a conversation that took place last week regarding the CSRD, Corporate Sustainability Reporting Directive, between an executive of an industrial company and an EFESO consultant.
Private equity firms and industrial investors are struggling in the current market to obtain desired value from their exit deals. Sellers too often only react to buyers’ due diligence, a time-consuming and disruptive process that frequently uncovers company weaknesses and drives down sell prices.
Le 8 novembre 2023, les Assises de l'Industrie, organisées par L’Usine Nouvelle, se sont tenues aux Salons de l'Aveyron. Un événement majeur qui a permis aux acteurs industriels de réfléchir et débattre sur la réindustrialisation en France.
In an era of rapid change and economic challenges, maintaining a healthy profitability is crucial. We understand that being future-ready means being financially robust.
The automotive industry is in the middle of the biggest transformation ever. E-mobility, autonomous driving, connected vehicles and much more require a recalibration or even transformation of entire business models and supply chains. In addition, companies have had to contend with highly volatile and complex demands and supply markets in recent years - and there is no real end in sight to these challenges.
As the heat of the climate crisis continues to rise, WBR Insights - Supply Chain has produced its first annual sustainability report by surveying 150 senior life sciences executives across Europe to uncover their sustainability challenges and solutions.
On October 6th, EFESO hosted an insightful executive event around the theme of greenhouse gas reduction. It served as a dynamic forum for industry key players to address solutions to implementing sustainable, long-term strategies within the challenging context of Europe's ambitious sustainability agenda.
In a recent survey conducted by ARGO-EFESO in collaboration with Chemical Week, it was revealed that over 60% of executives in the chemical process industry express dissatisfaction with current business performance.
Cost-out management & becoming future ready often seem to be contradictory, but they are not in fact, both embody the central demands of our time.
Ever wondered why conventional operational excellence approaches often result in unsatisfactory improvements to EBITDA?
Companies are increasingly calling on consultants to improve their industrial operations. “Our integrated approach to working on performance improvement, digitization, human dynamics and sustainable development, help our clients build a sustainable industrial future,” says Didier Brackenier, Managing Director at EFESO Management Consultants.
The chemicals industry is one of the world’s largest industrial sectors, worth €3,471 billion in 2020. It includes producers of industrial chemicals, polymers, pesticides, food and feed additives, and cosmetics, and is growing rapidly. By some estimates it will reach almost $22,000 billion by 2060.
Every chemical company has safety rules, analysis tools, dashboards and a keen awareness of safety processes.
Industrial leaders around the world recognize that sustainability can no longer be overlooked. Climate change has been on the agenda since the 1980’s but it hasn’t necessarily changed the way we do business.
What are the biggest barriers to end-to-end synchronization in your organization? What are the counter measures and solutions that have proven to be successful against these? What are the accelerators that helped overcome the challenges?
According to Mark Shirley, Director of Logistics at Primark, in today’s competitive retail landscape having an efficient and effective supply chain is fundamental to their customer proposition.
The use of hydrogen as a fuel is not a recent phenomenon. Major OEMs were investing in this technology back in the 1990s but it remained an enticing mirage, never quite within reach. Now, however, it could become a major factor in the fight to slow down climate change.
Création de valeur ajoutée et d’emplois, exportations, souveraineté dans des secteurs stratégiques, pour toutes ces raisons la France a besoin de muscler son industrie. La réussite d’un projet industriel connait différents déclencheurs. Roberto Maroncelli, DG et Jean-Marc Giraudeau, VP au sein du cabinet de conseil EFESO France, nous les dévoilent.
The pharmaceutical industry has seen its share of challenges in recent years, from manufacturing and supply chain bottlenecks to growing demand for faster delivery of drugs to the marketplace. What will the near future bring to the table ?
Supply chain professionals in the Food and Beverage sector are trying to make their supply chains more resilient, given the unprecedented number of challenges that companies are facing. There are several solutions and best practices for the improvement of supply chain resilience but these are only implemented in a limited number of cases.
When creating your plant strategy, you should be asking yourself the following questions: are my maintenance and reliability efforts providing a tangible and consistent competitive advantage?
Sustainability has quickly become one of the biggest priorities for organizations seeking to remain competitive and wanting to guarantee a long-term future both for themselves and the world we live in. Within a company’s overall sustainability journey, working towards a sustainable supply chain is now crucial.
A scenario of lights and shadows
The world of the vehicles and mobility is experiencing a very delicate phase, of profound and rapid transition to a future that still presents highlights and shadows, and plenty of uncertainty.
If you are a commercial lead, you likely already have a relentless focus on margin, but do you have the visibility to give you, and your sales and operations teams the information to make the best decisions?
Russia is a leading player in Titanium industry for aerospace via its company VSMPO-AVISMA, main supplier of all western OEMs and engines manufacturers.
There can be no doubt that we are living through transformational times, driven by unprecedented disruptive events and the overall trends in society and markets.
In a recent interview Bruno Machiels & Luca Lecchi, co-CEOs of EFESO Management Consultants discussed how industrial operations and human ingenuity are totally transforming the world we live in.
Quality Control (QC) labs provide a fundamental link in the logistic & operations chain of each pharma company. Never will a single lot of products leave a factory without being validated and released by lab testing.
The Covid-19 crisis has left its mark on the aircraft and defense industry, with the decline in activity changing the break-even point for firms across the sector. Nonetheless, the industry held out well in 2020/21 due, in particular, to State-guaranteed social and financial assistance programs which limited the number of bankruptcies.
Quality Control (QC) labs provide a fundamental link in the logistic & operations chain of each pharma company. Never will a single lot of products leave a factory without being validated and released by lab testing.
Leaders are confronting a storm, and it is not simply economic. Organizations are facing unprecedented Social and Sustainability challenges and their leaders are unsettled by trade uncertainty, political instability and competition resulting from disruptive technology. Many of the supply chains we have taken for granted are at risk.
Companies with Synchronized value chains will dynamically adapt and respond faster to the “new normality”. The competitive gap between those companies leading the Sync race, and those yet to get started is only set to grow wider. It’s time for business leaders to embrace Sync and capitalize on the opportunities that synchronized end to end operations can bring.
Le marché des cosmétiques est un marché mondial en croissance depuis plus de 15 ans, avec une accélération notable depuis 2017.
La France, domine ce marché. Les cosmétiques restent sous-exploités par les fonds d’investissements au regard d’autres industries (10 deals de moins en 2019 par rapport à 2018; investissement start-up équivalent à 100 M€ sur 15 Mds€ investis en 2018).
Pourtant ce secteur bénéficie d’un niveau de risque plus faible que d’autres (ex: biotech, acteurs technologiques, agroalimentaire).
The positive impacts of Predictive Maintenance are broad and should be considered holistically, argue EFESO Management Consultants ’s Erik Weytjens & Sebastian Grundstein. Adopting these ‘rose garden rules’ will ensure that success is visible right across your business.
Pre COVID, I attended a conference, for which all of the delegates had to answer a questionnaire on their areas of interest beforehand. Unusual? Not really. The part that I found most interesting, however, was that 50% or so had ticked the box titled “E2E Supply Chain Planning”.
Businesses are built on Strategy – a long term plan, created for the company to reach a desired future state, envisioned as business goals and objectives.
Connectivity in the automotive industry is not a recent phenomenon. For years, Connectivity has been called another name “telematics” which refers to “the technology of sending, receiving and storing information through telecommunication devices for OEM use only.”
Privacy, digital democracy, data value, monetization, ownership, blockchains, cryptocurrencies, artificial intelligence, … Every activity on the Net leaves traces and user information. Constantly connected devices involve privacy risks. Rules and transparency needed to manage the Digital Society.
What are standards, and why they are they so important? Why are standards the only known antidote to chaos? What do we really mean by “standards” in business? These are the questions we are going to address in this article.
Digitization has been transforming the fabric of modern industrialization for three decades. The benefits brought by digitization in improving productivity and in creating new businesses are overwhelming. Therefore, the process of transformation will continue and likely will boost in the next decades.
People's behavioral data has become the largest source of business. Shoshana Zuboffh’s book The Age of Surveillance Capitalism is based on this very question. Whatever we choose to call this period, we now live in a time when “Big Data” and, in particular, behavioural data, has become the world’s major source of business. What is it all about? Where, when and how did it start?
Today, almost in the last quarter of the dramatic 2020 year, many organizations are not only at risk financially, but are at risk of losing their relevance, of becoming the dinosaurs of our modern world. COVID-19 has launched Digital and Technology with an amazing speed in the top 3 on the priority list of the CEO's. The speed of development of Digitization and Technological progression (DigiTech) is accelerating. It not only changes the Tech side of organizations. It also impacts leadership and people systems. In this article I will guide you through Five Imperatives of DigiTech Leadership I have identified.
Yes COVID-19 has let us enter unprecedented times but historic data learns us that during disruptions like this, systemically things will change much deeper and more sustainable than we foresee in the middle of the disruption itself. During crisis like this, companies are much more likely to make capital investments. Specially if the reason for the crisis has shown us the risks of (dependency of) humans, the investments will be targeted on eliminating these risks.
This pandemic crisis, having “frozen” current business models, is creating a significant disruption to the worldwide economy. The impact varies from sector to sector, some exceptions being e-commerce and life sciences but, overall, it is trending towards a global recession. How far and how long the recession will be is the question that we all have. What is clear, is that this new “shut-in” economy requires change. Fast and deep.
The pandemic crisis has had a devastating effect on worldwide GDP and, from now on, there will be major changes in the way we do business ("shut-in-economy"). Most of these changes were already in progress but the pandemic event has forced the rate of this change to accelerate. A simple “evolution” will not be enough, a step change (a quantum leap, a breakthrough) will be necessary. As such, we cannot waste time trying to understand what has happened and will happen through the lenses of the previous business paradigms. Instead we must imagine ourselves already catapulted into this new competitive scenario and look at it through a new perspective.
The new capabilities offered by Digitalization are significantly changing existing Supply Chains. It would be unwise to consider digitalization just as a performance boost of existing activities. In fact, digitalization can be the first step to new Value Propositions, new Value Chains and even New Business Models. But, it is not possible to identify these new opportunities and implement new business configurations while still looking at the business with today’s understanding. To do this would hide the real potential of a new technological business environment. The best way to understand new Value Propositions is by using a helicopter overview of business ecosystem trends jointly with a review of newly available digitalized solutions. A cross-industry perspective is also recommended.
by Giorgio Merli
Today, Smart Cities and Smart Services are a key topic for Companies and Governments. Both are engaged in planning and implementing new realizations, interacting with different purposes and objectives in the same Ecosystem. In this article, the author considers this topic from two perspectives of Business and Government Services for Citizens, who live together sometimes synergistically, sometime conflicting. Examples and cases from both sides are included to highlight how the two parties should manage it in the best way in order to develop the Ecosystem sustainably and satisfactorily. It is also explained why the goal of having an Integrated Sustainable Plan is a priority of a Territory Government, while the understanding of the possible Business Model is the priority of the Business Organizations.
by Hugh Williams
Contract Manufacturing Organisations (CMOs), particularly in Asia, are facing some interesting times and challenges. In their own countries, they are looking at how to respond to growth, different buying practices in China, and an ageing and maturing market. In the West, they have to satisfy growing complexity and an increasingly complicated demand model that is looking for much faster delivery, smaller batch sizes, and customer centricity.
by Filippo Mantegazza
Returning from Barcelona, where I attended the World Congress for IOT Solutions
#IOTSWC19, I brought back 3 strong impressions:
This is where we must focus our efforts.
by Filippo Mantegazza
Last week I attended the yearly show of digital and manufacturing 4.0 at the #HM19. I had the chance to visit and, as anybody else, I was really impressed by the level and numbers achieved by Technology. Today the industrial and logistics environments can really take a big step forward. The technology is ready, available and more accessible than before. All the consolidated companies are continuously progressing, and new companies are rising to the challenge. Digital and Virtual Reality are developing dramatically and increasing the depth of process management and productivity and widening the manageable horizons.
Industry 4.0's investments and approaches will actually increase the levels of competitiveness of companies only if they are used to enable new levers of competitive advantage. It is, therefore, necessary to have a strategic vision that can identify the new Products/Services that can be offered to the market and the related business models.
Operational Excellence programmes were, and still are, important components on the management agenda of companies from many different industries. According to a study recently carried out by EFESO, in partnership with ICIS, more than 75% of the responding companies rate OPEX as a top 3 or top 5 agenda item.
Do you measure your performance? Probably yes, but do you also measure the behaviour in your company?
The key factor to keep and improve the results of a company is the sum of all human behaviour in the company. And in this fast moving world, you need to continuously progress in order to keep your competitive advantage. After all; “it’s not the big that eat the small…it’s the fast that eat the slow”.
The book "WCOM™: why you need more than Lean" captures the reasons why 5 global enterprises (St. Gobain, L’Oréal, Groupe Bel, Tetra Pak and Bemis), with combined revenues of over 100B€, have adopted World Class Operations Management (WCOM™) in more than 1000 plants across the world.
Healthcare systems differ greatly across countries and regions. It is challenged by many external factors to deliver higher levels of service at constant or even lower cost, which means simple efficiency measures are no longer sufficient.
Is it possible to create lasting value in today’s food industry? Is this something that you can still achieve? The added value created by the food industry in mature markets like Europe as a whole is mostly stagnant, if not actually decreasing.
The Shingo Model’s definition of the principle Create Constancy of Purpose is, “an unwavering clarity of why the organization exists, where it is going, and how it will get there", which it goes on to say, "enables people to align their actions, as well as to innovate, adapt and take risks with greater confidence.”
The book ‘Performance Behavior’ (by Neil Webers) describes how an organization can link performance to behavior to minimize waste and optimize performance behavior.
The pharmaceutical sector is very different from the short cycle manufacturing environment that Lean was originally developed for (i.e. mostly batch processes with relatively long cycle times).
A new book about World Class Operations Management (WCOM™/WCM) has been released.
Despite having spent years and countless millions on optimising their operations, 61% of companies (according to the Economist’s Intelligence Unit) find themselves frustrated with the same problem.
Your media contact:
Sabrina Laborde
Group Marketing Director
Email: sabrina.laborde@efeso.com