Time to standardize product structures


The Boston consulting group predicts that 10% to 30% of the goods that America now imports from China will be made at home by the year 2020, resulting in proceeds of up to $55 Billion a year.

The maker’s movement is gaining strength with rapid advancements in some technologies such as 3D printing and the new concept of distributed manufacturing becoming real.

Earlier prototyping of products have to be done either in China or elsewhere with tens of thousands of Dollars in costs but now a lot of prototyping of products are happening locally and resulting in low cost and the turnover is very rapid.

The above are some of the trends in product manufacturing which needs certain standardization in order to streamline the creativity, resources, money and new inventions in proper direction to solve the planets ever changing requirements.

Here is what I propose.

  • It all starts with Inventory part nomenclature standardization. I wrote a blog on this topic here. time-standardize-inventory-parts-data
  • An international team of manufacturing experts should be nominated for framing the standardization process for inventory nomenclature and product family/grouping and product structure nomenclature.
  • The team will be formulated by international trade organization (WTO) and will be initially funded by them until the whole process is completed and becomes self-sustainable.
  • Long term Sustainability should be mandated to make this effort profitable by WTO. Some of the ideas for this are given below.
  • The product structures should then be categorized on the same lines like Botanical nomenclature.
  • Next we need to create a cloud platform where all product structures are made available for everyone to access, excluding some sensitive (Defence) and copy protected ones.
  • Then we need to create Application programming interfaces (API) and other apps for accessing the Product structures by interested parties.
  • The API ‘s and other apps should be flexible enough to allow users to create new structures from the existing ones and also where able to connect to their own databases to transfer the structures as needed.
  • All the services should be charged for sustaining the standardization efforts.
  • Guidelines should be mandated for product structure usage and migration to user’s internal usage.
  • Guidelines also needed to monitor the new product inventions, accessibility of the new inventions and standardization of the same.
  • All global language translations for the product structures should be undertaken by crowdsourcing the same.
  • Every nation should have a team of experts to advice the core team on the standardization efforts and this team will be compensated from the WTO funds.

Benefits

  1. Redundancy of Product structures will be eliminated and standardization will increase operational efficiency and reduce cost of procurement, administrative and other costs for users.
  2. Same quality products will now be available for global citizens on equal terms with only pricing variations.
  3. Makes it easy to source semi-finished products or materials at the fraction of a cost due to visibility of the same from across the planet. Helps in supply chain logistics efficiencies and also reduce costs of transportation. This in turn reduces global warming due to less use of Oil.
  4. The huge network of users will now be able to talk to each other and can create new business opportunities for themselves and indirectly to nations by creating new employment opportunities and new start-up companies.
  5. The flexibility to mix and match products on the fly becomes easy for new inventions and trigger new creative ideas and new products.
  6. Rapid prototyping of new product inventions becomes easy from the existing ones.
  7. New business ideas and new start-ups ideas are possible due to democratization of inventory nomenclature and Product structure nomenclature.
  8. Many of the benefits that I mentioned in the inventory standardization will also apply here.

 

Please let me know what you think

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The art of leading life.


“Time, not money, is the most valuable commodity of all”

We have proven track record of achieving extraordinary success in things, projects or big goals that we never imagine we can do it. Belief in attempting things that are beyond our imagination and achieving them enriches our lives with fulfilment and many times makes us famous and rich. “Only those who attempt the absurd can achieve the impossible”.--Albert Einstein Theoretical Physicist, Philosopher, Nobel Prize Winner

We are living in a very competitive era and we all have onus of making some impact with our way of living life on ourselves and the community around us. We should develop the habit of liking to be challenged, stay self-motivated in spite of negative pressures on us; take big challenges and try our best to accomplish them and people will start noticing you. There is a need for every one of us to make a difference in whatever we attempt to do.

“There’s only one corner of the universe you can be certain of improving, and that’s your own self”. —Aldous Huxley Novelist

We are known from what we achieve.  But our achievements have a shelf life. That means we cannot just stop improving ourselves and impacting others as role models.  World moves dynamically and age, values, knowledge, experiences are constantly progressing and where we stand is what matters. Taking risks and learning from setbacks and moving forward are the only way to stay relevant in this world. There are problems small to complex that needs to be solved and we have the capability of solving many of them.

Some examples are “Genetic sequencing of human genes that help in target medication for individuals instead of generalized prescriptions”.  Similarly we have global warming challenges to solve. We have challenges to reach Mars, Venus and colonize Moon. Our imagination is what matters the most.

There are people who are able to achieve some extraordinary feats such as  mimic human behaviors, experiences and creativity by using some complex machine learning techniques, Mathematical algorithms such as K-nearest neighbor ( http://en.wikipedia.org/wiki/K-nearest_neighbors_algorithm ) to analyze music , predict Hollywood movies whether they will be hits or flops even before starting on the projects ( http://www.epagogix.com/ ) and finally computers creating music (we don’t need music directors anymore)  http://geb.uma.es/melomics/melomics.html

But for a beginner in life like young students there is ample opportunity for you to start building your life and leading on the edge of achieving some extra ordinary things. Here are some basic principles of achieving some extra ordinary things.

  1. Ignore the Noise. Once you firm up your mind and motivate yourselves to start working for great achievements you will find naysayers around you all the time. They will try to pull you down. Just ignore them and slowly and steadily start building knowledge and experiences in what you really want to achieve that is beyond your imagination.

Do remember “It is not who is Right but what is Right” matters.

  1. Have clear objective. Start reading/learning diversified information. Today world needs people who are deep in one knowledge area but also very good in every subject matter that is not related to their fields. I wrote a blog on this https://skillsnest.wordpress.com/2013/09/29/chance-favors-the-connected-mind/

3. Stay focused: As you continue your journey of achieving great goals you may be distracted         by many events, circumstances, constraints, family pressures and many unknown   factors.            Coming back on track is very important. Doing regular Yoga and Meditation will help you to             regain focus.

                          “Innovation is rewarded, execution is worshiped.”

  1. Develop patience. Today digitally connected and instant gratification world is making young students to be restless and expecting instant results. But in order to achieve great things you have to be patient enough and continue your journey until you reach your goals.

                “There is no limitations except those we create for ourselves” ―Lolly Daskal, Thoughts Spoken From The Heart

  1. Watch your progress: we all make judgmental mistakes and sometimes it may be that we may choose a wrong direction. So occasionally checking where we stand in our achievements should be monitored and measured. Otherwise all our efforts may be ultimately futile .

 

  1. Not able to accept failure: We should never become possessive of our tasks, work or people we work with. Sometimes if things won’t work out we should be able to ignore our failures and continue on a new path. Possessiveness makes us Sad and creates mental distress and other health problems. I wrote a blog on this subject here https://skillsnest.wordpress.com/2013/09/10/failure-is-not-final/

            “Our greatest glory is not in never failing, but in rising up every time we fail”                   .– Ralph Waldo Emerson Philosopher, Poet, Author, Essayist

7. Question your acts: You should constantly ask why you are doing something in a                        particular fashion. By questioning your way of doing you will get a chance to do it much                better.  I wrote a blog on this

https://skillsnest.wordpress.com/2014/01/27/where-there-is-a-why-there-is-a-way/

                  “Three grand essentials to happiness in this life are something to do,                                 something to love, and something to hope for”.–Joseph Addison English                               Essayist, Poet, Playwright And Politician.

Good luck to you.

“Change yourselves and the world is a better place with You” –RK  This is my quote for you.