In today’s technology-driven world, every industry is in a constant state of evolution as each looks for a competitive edge. For some it can be a disruption to norms, forcing a shift in longstanding procedure and practice. However, in the supply chain space, technology has ushered in a fourth industrial revolution, commonly described as Industry 4.0, or I4.0 for short. At Whirlpool Corporation, we’re finding new ways to improve processes, shore up losses and implement efficiencies across the supply chain - and our business is benefitting in spades.
It’s no secret manufacturers everywhere are looking for ways to improve cost efficiency, without impacting quality or delivery performance. Whirlpool believes it’s possible to achieve one without sacrificing the other - for instance, driving best in class cost, while also finding significant improvements in safety, quality, and delivery performance. This, precisely, is underway at Whirlpool Corporation as we evolve our current Whirlpool Production System (WPS) with a structured approach called World Class Manufacturing (WCM). Ultimately, the adoption of the WCM methodology will transform our global operations and give us a competitive advantage over other appliance manufacturers.
As we implement the production system transformation at Whirlpool Corporation, the ability to collect the pertinent data that allows us to make decisions and drive business outcomes, is mission critical.