Industrial Engineering in the Spotlight! Time is Still Money.

January 17, 2022 - Blogs - by - No Comments

Industrial Engineering in the Spotlight! Time is Still Money.

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According to the U.S. Bureau of Labor Statistics, employment of industrial engineers is projected to grow 14 percent from 2020 to 2030*, faster than the average for all occupations. Part of this growth is driven by three facts:

    1. Industrial engineers are employed in a very wide range of industries, all of which must stay focused on continually reducing their costs.
    2. As our industrial landscape changes and grows, new opportunities are creating additional needs. A good example is healthcare and the new ways it delivers professional, scientific, and consulting services. Another example is field and, increasingly, remote work.
    3. A growing realization across the globe that financial viability is not just compatible with environmental responsibility but interwoven.

Doug Aird, President of Applied Computer Services (ACS) commented that, “We’ve been hearing from our customers – with far greater frequency – stories of renewed zeal to drive efficiencies in time, energy, and resources, not solely for costs, but to improve their sustainability efforts.”

According to McKinsey & Company, these eco-efficiency efforts can simultaneously boost productivity and sustainability. “This concept of efficiency has three dimensions. First, it involves digital technology that enables data-informed actions across production and the end-to-end value chain. Second, it demonstrates measurable improvements across
performance indicators including cost, agility, convenience, and quality. Finally, it drives sustainability gains by reducing consumption, resource waste, and emissions.” (Francisco Betti, Enno de Boer, and Yves Giraud. McKinsey & Company)

Another win-win from an efficiency-sustainability standpoint is the emerging trend of roundabouts replacing stop light intersections. Engineers have compared the two and roundabouts win on three measures:

    1. Their ability to enhance traffic flows
    2. Their ability to significantly reduce carbon dioxide emissions by 16 to 59 percent, depending on the traffic volume. That equates to 20,000 gallons of gasoline!
    3. And the bonus is a huge decrease of injury crashes. A recent study of by the Insurance Institute of Highway Safety found that injury crashes were reduced by nearly half at 64 roundabouts in Carmel, IN a city that is a driving force in the adoption of roundabouts

Aird adds that, “While customer requirements and feedback have driven a raft of enhancements in the Timer Pro product over the past 15 years, it’s refreshing to see that the same tool is now being used in many different ways to deliver on multiple goals.”

And that’s good news for bottom lines and the environment!
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* https://www.bls.gov/ooh/architecture-and-engineering/industrial-engineers.htm#tab-6
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With over 1600 worldwide clients, ACS’s Timer Pro is the leading video-based measurement solution for those involved in Continuous Improvement, Lean Manufacturing, Industrial, Manufacturing and Process Engineering, Ergnomics, Operator Training, Six Sigma, Kaizen, SMED and 5S initiatives.

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