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The Success of Manufacturing Wellness

By Nicholas Falgiatano - Sandvik Coromant
Vice President of Marketing

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Nicholas Falgiatano By Nicholas Falgiatano | Managing Director - Wed, 07/17/2024 - 10:00

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When humans are “well,” they are in a state where body, mind, and spirit are holistically integrated, and, as a result, are healthy, happy, and resilient. The same can be said for a thriving business, referred to as Manufacturing Wellness. The concept of Manufacturing Wellness explains how to use engineering principles to design and build companies that are robust, reliable, and integrated, creating business systems best suited for achieving optimal results. The paradigm in manufacturing has shifted from merely producing goods to cultivating a more holistic approach that considers not only the bottom line but also the well-being of people, the planet, and industry. 

Manufacturing Wellness encompasses the spirit of solid and successful manufacturing businesses that not only focus on success in their operations but contribute positively to people and societies, highlighting the value of shaping resilient, thriving, sustainable manufacturers that positively impact their surroundings. 

Sandvik Coromant demonstrates these initiatives through:

  • Adopting a holistic perspective

  • Adopting new technology

  • Choosing the sustainable path

  • Eliminating waste

  • Unlocking potential with data

  • Benefiting from strong partners

  • Developing its people

  • Automating for success

 

However, the eight habits of Manufacturing Wellness are not optional. They are not isolated practices, but interconnected principles that are imperative for the future success of the manufacturing industry.

By adopting a holistic perspective companies must begin to move beyond a mere focus on production numbers and embrace a holistic perspective. This involves considering the broader impact on people and societies. By aligning business strategies with societal needs and environmental considerations, companies can establish themselves as responsible contributors to the greater good. 

Those who adopt new technologies in machining, digitalization, and tooling gain a competitive edge. Manufacturers that prioritize staying at the forefront of technological advancements position themselves for long-term success. Technology will make their job easier and allow them to be more productive, making the innovations of today, the standards of tomorrow.​

In a rapidly evolving world where environmental awareness is gaining momentum, companies are actively seeking inventive ways to align themselves with choosing a sustainable path. Forward-thinking manufacturers recognize that sustainability is not just an ethical choice; it's also a smart business move. Taking the lead in sustainable practices not only contributes to a healthier planet but has also proven to boost the bottom line.

Another principal habit is to identify and eliminate waste along the entire value chain, which leads to improved processes and results. By scrutinizing each step, from raw material acquisition to product delivery, manufacturers can uncover hidden inefficiencies and create a leaner, more agile operation, proving that waste reduction not only conserves resources but also enhances overall productivity.

Successful manufacturers leverage potential with data to gain transparency, identify potential improvements, make informed decisions, and accelerate productivity from CAD to delivery. The ability to harness data is a game-changer in achieving Manufacturing Wellness.

In an interconnected world, collaboration is key. Manufacturers thrive when they forge strong partners, sharing knowledge and expertise. The benefits from strong partners include increased trust, better communication, shared values, and co-creation of solutions. We also highlighted the importance of aligning with partner goals and navigating challenges and conflicts in partnerships. Collaboration extends beyond the confines of individual companies, fostering an ecosystem where the collective wisdom of the industry contributes to the well-being of all involved. At Sandvik Coromant, we believe that knowledge and expertise should be shared. Therefore, we prioritize close-knit collaborations with our clients and partners.

When you manage a team, how well it performs often depends on how well you've trained and developed your people. Elevating the business depends on the ability to attract, develop, and retain talented people who are eager to make a difference. By fostering a culture that values continuous learning and adaptation to the evolving landscape, businesses go beyond mere leadership; they set industry standards. The emphasis here is on recognizing the potential within the workforce, nurturing their ambitions, and creating an environment where innovation thrives. 

Production setups may vary, but manual work always persists. Automating for success has the potential to cut costs, increase quality, reduce the need for rare expertise, and accelerate your success. As the industry faces challenges from labor shortages to economic uncertainties, automation emerges as a source of resilience and opportunity. By prioritizing physical and mental health in the workplace by harnessing the benefits of automation, manufacturers can foster a safer and more efficient work environment to elevate their business’ success. However, embracing automation is not just about keeping up with technology; it's a strategic move that propels manufacturers toward sustained success in a competitive and rapidly evolving landscape.

The habits of Manufacturing Wellness above show how to take your company and put the most effective physical asset management, maintenance management, reliability engineering, and operations management processes into your operating site. In essence, the success of Manufacturing Wellness is not just about surviving the challenges of today, it's about carving a path toward habits that will mold the manufacturing landscape of tomorrow.

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