Lean Six Sigma in the Age of Artificial Intelligence: Harnessing the Power of the Fourth Industrial Revolution

Lean Six Sigma in the Age of Artificial Intelligence: Harnessing the Power of the Fourth Industrial Revolution
Author: Michael L. George
Publisher: McGraw Hill Professional
Total Pages: 332
Release: 2019-02-08
Genre: Business & Economics
ISBN: 1260135047

The world’s leading expert on Lean Six Sigma provides the missing link for reducing waste and taking operations to the next level: Artificial Intelligence“Whatever the industry, there is an executive with the grit and determination to apply AI to attain the fastest growth, the highest investment returns, to dominate that industry. The only question is: will it be you?” –from Lean Six Sigma in the Age of Artificial IntelligenceCombine the power of AI and LSS to seize the competitive advantage—quickly, decisively, and permanentlySince 2001, business leaders have been using Lean Six Sigma (LSS) to drive improvements across industries, enabling their companies to reduce cycle time and waste, thus improving revenue and profits. Now they can finally unlock their company’s full potential by combining LSS and AI. In Lean Six Sigma in the Age of Artificial Intelligence, the world’s most respected expert on LSS, Michael L. George, Sr., shows how to harness the power of the technology that promises changing everything as we know it—Artificial Intelligence—to dramatically enhance any LSS management program. This game-changing guide takes you through the process of using AI to unlock maximum speed, solve complex manufacturing challenges, reduce waste, increase company profits, and ultimately outflank your competition at every turn. With Lean Six Sigma in the Age of Artificial Intelligence, you’ll take this revolutionary approach to its limits—and that will make all the difference between business success and failure in the coming decades.

Artificial Intelligence and Lean Manufacturing

Artificial Intelligence and Lean Manufacturing
Author: Tin-Chih Toly Chen
Publisher: Springer Nature
Total Pages: 95
Release: 2022-04-26
Genre: Technology & Engineering
ISBN: 3031045831

This book applies artificial intelligence to lean production and shows how to practically combine the advantages of these two disciplines. Lean manufacturing originated in Japan and is a well-known tool for improving manufacturers' competitiveness. Prevalent tools for lean manufacturing include Kanban, Pacemaker, Value Stream Map, 5s, Just-in-Time and Pull Manufacturing. Lean Manufacturing and the Toyota Manufacturing System has been successfully applied to various factories and supply chains around the world. A lean manufacturing system can not only reduce wastes and inventory, but also respond to customer needs more immediately. Artificial intelligence is a subject that has attracted much attention recently. Many researchers and practical developers are working hard to apply artificial intelligence to our daily lives, including in factories. For example, fuzzy rules have been established to optimize machine settings. Bionic algorithms have been proposed to solve production sequencing and scheduling problems. Machine learning technologies are applied to detect possible product quality problems and diagnose the health of a machine. This book will be of interest to production engineers, managers, as well as students and researchers in manufacturing engineering.

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
Author: Erik Brynjolfsson
Publisher: W. W. Norton & Company
Total Pages: 320
Release: 2014-01-20
Genre: Business & Economics
ISBN: 0393239357

The big stories -- The skills of the new machines : technology races ahead -- Moore's law and the second half of the chessboard -- The digitization of just about everything -- Innovation : declining or recombining? -- Artificial and human intelligence in the second machine age -- Computing bounty -- Beyond GDP -- The spread -- The biggest winners : stars and superstars -- Implications of the bounty and the spread -- Learning to race with machines : recommendations for individuals -- Policy recommendations -- Long-term recommendations -- Technology and the future (which is very different from "technology is the future").

Applied Ethics in a Digital World

Applied Ethics in a Digital World
Author: Vasiliu-Feltes, Ingrid
Publisher: IGI Global
Total Pages: 316
Release: 2021-11-19
Genre: Technology & Engineering
ISBN: 1799884694

As advances in disruptive technologies transform politics and increase the velocity of information and policy flows worldwide, the public is being confronted with changes that move faster than they can comprehend. There is an urgent need to analyze and communicate the ethical issues of these advancements. In a perpetually updating digital world, data is becoming the dominant basis for reality. This new world demands a new approach because traditional methods are not fit for a non-physical space like the internet. Applied Ethics in a Digital World provides an analysis of the ethical questions raised by modern science, technological advancements, and the fourth industrial revolution and explores how to harness the speed, accuracy, and power of emerging technologies in policy research and public engagement to help leaders, policymakers, and the public understand the impact that these technologies will have on economies, legal and political systems, and the way of life. Covering topics such as artificial intelligence (AI) ethics, digital equity, and translational ethics, this book is a dynamic resource for policymakers, civil society, CEOs, ethicists, technologists, security advisors, sociologists, cyber behavior specialists, criminologists, data scientists, global governments, students, researchers, professors, academicians, and professionals.

Logistics 4.0

Logistics 4.0
Author: Turan Paksoy
Publisher: CRC Press
Total Pages: 369
Release: 2020-12-17
Genre: Technology & Engineering
ISBN: 1000245101

Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.

Introduction to Engineering Statistics and Lean Sigma

Introduction to Engineering Statistics and Lean Sigma
Author: Theodore T. Allen
Publisher: Springer Science & Business Media
Total Pages: 573
Release: 2010-04-23
Genre: Technology & Engineering
ISBN: 1849960003

Lean production, has long been regarded as critical to business success in many industries. Over the last ten years, instruction in six sigma has been increasingly linked with learning about the elements of lean production. Introduction to Engineering Statistics and Lean Sigma builds on the success of its first edition (Introduction to Engineering Statistics and Six Sigma) to reflect the growing importance of the "lean sigma" hybrid. As well as providing detailed definitions and case studies of all six sigma methods, Introduction to Engineering Statistics and Lean Sigma forms one of few sources on the relationship between operations research techniques and lean sigma. Readers will be given the information necessary to determine which sigma methods to apply in which situation, and to predict why and when a particular method may not be effective. Methods covered include: • control charts and advanced control charts, • failure mode and effects analysis, • Taguchi methods, • gauge R&R, and • genetic algorithms. The second edition also greatly expands the discussion of Design For Six Sigma (DFSS), which is critical for many organizations that seek to deliver desirable products that work first time. It incorporates recently emerging formulations of DFSS from industry leaders and offers more introductory material on the design of experiments, and on two level and full factorial experiments, to help improve student intuition-building and retention. The emphasis on lean production, combined with recent methods relating to Design for Six Sigma (DFSS), makes Introduction to Engineering Statistics and Lean Sigma a practical, up-to-date resource for advanced students, educators, and practitioners.

Lean Six Sigma Logistics

Lean Six Sigma Logistics
Author: Thomas J. Goldsby
Publisher: J. Ross Publishing
Total Pages: 304
Release: 2005-08-15
Genre: Business & Economics
ISBN: 9781932159363

Speed to market, reducing costs, and accelerating leadtimes are vital for survival in today's competitiveenvironment. Inventory is no longer considered an asset,and strategies are needed to operate with minimalinventories. Lean Six Sigma Logistics provides thevehicle to solidify strategic position, win overcustomers, and achieve ......

Juran Institute's Six Sigma Breakthrough and Beyond

Juran Institute's Six Sigma Breakthrough and Beyond
Author: Joseph De Feo
Publisher: McGraw Hill Professional
Total Pages: 403
Release: 2003-09-05
Genre: Business & Economics
ISBN: 0071431489

Publisher's Note: Products purchased from Third Party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitlements included with the product. Do you feel the victim of continual and unpredictable change? Do you face unrelenting competition? Is the time cycle of your product development too slow? Does your production function produce waste, delays, defects, and other excessive costs? If you've answered "yes" to any of these questions, you need this book Juran's Six Sigma provides a clear roadmap for organizational survival and renewal. Piecemeal improvements won't solve the problem--this book presents the Juran Institute's plan for sustained major improvement across the organization. * The first Six Sigma book to incorporate the Juran philosophy* Useful for implementation and certification for all levels of management * Follow the Institute's unique method for achieving and maintaining Six Sigma breakthrough--with no backsliding

Shaping the Future of the Fourth Industrial Revolution

Shaping the Future of the Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Currency
Total Pages: 290
Release: 2018-11-06
Genre: Business & Economics
ISBN: 1984822616

World Economic Forum Founder and Executive Chairman Klaus Schwab offers a practical companion and field guide to his previous book, The Fourth Industrial Revolution. Today, technology is changing everything--how we relate to one another, the way we work, how our economies and goverments function, and even what it means to be human. One need not look hard to see how the incredible advances in artificial intelligence, cryptocurrencies, biotechnologies, and the internet of things are transforming society in unprecedented ways. But the Fourth Industrial Revolution is just beginning, says Schwab. And at a time of such tremendous uncertainty and such rapid change, he argues it's our actions as individuals and leaders that will determine the trajectory our future will take. We all have a responsibility - as citizens, businesses, and institutions - to work with the current of progress, not against it, to build a future that is ethical, inclusive, sustainable and prosperous. Drawing on contributions from 200 top experts in fields ranging from machine learning to geoengineering to nanotechnology, to data ethics, Schwab equips readers with the practical tools to leverage the technologies of the future to leave the world better, safer, and more resilient than we found it.