VESL’s Post

Technology has never been more important to manufacturers than it is now. Companies need analytics to solve supply chain problems, digital twins of their production lines to drive efficiency and flexible, cloud-based architectures to integrate with their customers and partners.  As a result, CEOs are placing big bets on the technology leaders they hire. They must get this right. Martha Heller | IndustryWeek | #Manufacturing | #Technology

🎯 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐢𝐧𝐠 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐢𝐬 𝐥𝐢𝐤𝐞 𝐨𝐫𝐜𝐡𝐞𝐬𝐭𝐫𝐚𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐬𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐟𝐚𝐛𝐫𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐜𝐞𝐬𝐬—𝐞𝐯𝐞𝐫𝐲 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐢𝐦𝐩𝐚𝐜𝐭𝐬 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐥 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐪𝐮𝐚𝐥𝐢𝐭𝐲! . . . As a Product Manager specializing in semiconductor capital equipment, 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐦𝐩𝐚𝐜𝐭 𝐢𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥. In our development roadmap, we often face competing priorities like improving equipment throughput, enhancing wafer yield, and implementing new technology features. Each task requires significant resources and can affect our competitive edge in the market. 𝐓𝐡𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧: Take, for example, a recent scenario where we had to decide between optimizing equipment reliability and introducing a new process control feature. While both were important, addressing reliability issues was prioritized due to its direct impact on customer downtime and operational costs. This decision ensured that our equipment maintained high uptime and reliability, crucial for customer satisfaction and long-term partnerships. Prioritizing based on business impact enables us to deliver solutions that not only meet technical requirements but also align with market demands and customer expectations. It strengthens our market position, enhances customer trust, and drives revenue growth through enhanced equipment performance and reliability. Let's connect to exchange insights on strategic prioritization within the semiconductor capital equipment industry. #Semiconductors #SemiconductorIndustry #AI #Innovation #Leadership #BrightBytesWithRitam Picture source: actitime

Learning Prompt Engineering is crucial for a sales exec, especially in the #GlassIndustry. Let's focus on #StepByStepPrompting. It's like guiding a customer through the benefits of #FeneVision in manageable chunks. Imagine breaking down complex glass processing into easy steps. It’s about making tech talk digestible, ensuring clients grasp how it revolutionizes their production line. #SalesTips #TechSimplified .

In the semiconductor capital industry, we often face a tricky dilemma: speed or perfection? ⚖️ . . . When an alternate part is required in the wake of obsolescence, the pressure is on to test it before the inventory of the recently obsoleted part runs out. ⌛ Speed is crucial, right? 🕒 However, I've learned that ensuring thorough testing is even more vital. ✅ 🔹 Ensuring production support for all configurations and maintenance support for older products is essential. 🛠️🔧 🔹 For legacy products, the solutions for production and maintenance can differ due to various factors. A rushed job can lead to pitfalls later. ⚠️ 𝐌𝐲 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡: ☑ As a product manager, I prioritize a thorough initial research to avoid future issues. 🧐 ☑ I also optimize inventory to buy more time for testing. This ensures a glitch-free experience for the customer, enhancing customer engagement and satisfaction. 🎯 Cross-functional collaboration and technical leadership are key to achieving this. 🤝💡 This leads to fewer issues down the line and happier customers. 😊 👉 So what do you prefer? Speed or perfection? #Semiconductors #SemiconductorIndustry #Innovation #BrightBytesWithRitam Picture source: The Worldfolio

𝐄𝐯𝐞𝐫 𝐬𝐞𝐞𝐧 𝐚 𝐬𝐩𝐚𝐫𝐤 𝐟𝐥𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲? ⚡️🛠️ . . . A handful of our customers in the semiconductor industry faced a tricky safety issue with arcing in their etching process modules ⚠️ This wasn't just a minor hiccup—it was a significant safety concern. 🚨 After diving deep into the data, I noticed this 𝐢𝐬𝐬𝐮𝐞 𝐰𝐚𝐬 𝐮𝐧𝐢𝐪𝐮𝐞 𝐭𝐨 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐟𝐫𝐨𝐦 𝐚 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐜𝐨𝐮𝐧𝐭𝐫𝐲. 🧐 A thorough Root Cause and Corrective Action (RCCA) revealed that the 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐬𝐭𝐞𝐦𝐦𝐞𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐜𝐨𝐮𝐧𝐭𝐫𝐲'𝐬 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐚𝐥 𝐠𝐫𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐬𝐲𝐬𝐭𝐞𝐦. 🌍 Rather than just patching up the problem, 𝘸𝘦 𝘴𝘢𝘸 𝘢𝘯 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺 𝘵𝘰 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘦. 💡 𝐖𝐞 𝐫𝐞𝐝𝐞𝐬𝐢𝐠𝐧𝐞𝐝 𝐭𝐡𝐞 𝐬𝐲𝐬𝐭𝐞𝐦 𝐭𝐨 𝐧𝐨𝐭 𝐨𝐧𝐥𝐲 𝐫𝐞𝐬𝐨𝐥𝐯𝐞 𝐭𝐡𝐞 𝐬𝐚𝐟𝐞𝐭𝐲 𝐜𝐨𝐧𝐜𝐞𝐫𝐧 𝐛𝐮𝐭 𝐚𝐥𝐬𝐨 𝐞𝐱𝐭𝐞𝐧𝐝 𝐭𝐡𝐞 𝐬𝐮𝐛𝐬𝐲𝐬𝐭𝐞𝐦'𝐬 𝐥𝐢𝐟𝐞. 🔧 This wasn't just a fix; it was a leap forward in product development. 🚀 The result? A safer, more durable solution tailored to our customer's unique needs. The customer's feedback? Pure joy! 😊 This experience highlighted the power of strategic relationships, cross-functional collaboration, and the importance of customer engagement. 🌐 By understanding and addressing the specific technical requirements, we turned a crisis into an opportunity for growth and innovation. 🔧🤝 Let's continue to push the boundaries of what's possible in product management and development. 🌟 #Semiconductors #ProductManagement #SemiconductorIndustry #TechnicalExpertise #BrightBytesWithRitam Picture Source: Triunfologistica

𝐒𝐰𝐢𝐭𝐜𝐡𝐢𝐧𝐠 𝐨𝐮𝐭 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐢𝐬 𝐥𝐢𝐤𝐞 𝐜𝐨𝐧𝐯𝐢𝐧𝐜𝐢𝐧𝐠 𝐚 𝐛𝐚𝐭𝐭𝐞𝐫 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 𝐡𝐢𝐬/𝐡𝐞𝐫 𝐟𝐚𝐯𝐨𝐫𝐢𝐭𝐞 𝐛𝐚𝐭 𝐦𝐢𝐝-𝐦𝐚𝐭𝐜𝐡! 🏏😂 . . . 𝐇𝐞𝐫𝐞’𝐬 𝐭𝐡𝐞 𝐬𝐜𝐨𝐨𝐩: A critical component in our semiconductor capital equipment became obsolete. 😬 We qualified an alternate part through cross-functional collaboration, but the complexity and cost of installation made customers hesitant to switch right away. 💸 Here’s how I manage such scenarios as a product manager: 🛠️ ✅ 𝐒𝐭𝐞𝐩 1: 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐞 𝐈𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲 📦 First, we assessed our stock of the old component to predict when it’d run out based on current demand. 📊 ✅ 𝐒𝐭𝐞𝐩 2: 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐞 𝐰𝐢𝐭𝐡 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 📅 We then informed our customers about the timeline of exhaustion of the old component, emphasizing the importance of timely adaptation of new component. ⏰ ✅ 𝐒𝐭𝐞𝐩 3: 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐋𝐚𝐬𝐭 𝐓𝐢𝐦𝐞 𝐁𝐮𝐲𝐬 🔍 We checked with our supply chain for any additional last-time buys of the old component, ensuring a longer runway for our customers. 📦 ✅ 𝐒𝐭𝐞𝐩 4: 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫 𝐑𝐞𝐩𝐚𝐢𝐫𝐬 🔧 If repairs or refurbishments were possible, we used the repaired parts to meet production and maintenance demands. 🛠️ ✅ 𝐒𝐭𝐞𝐩 5: 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐚𝐭𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐐𝐮𝐚𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 🤝 Our field team stepped in to assist customers with the qualification process, ensuring a smooth transition to the new part. 🚀 Through cross-functional collaboration and strategic relationship management, I navigated this challenge. 🌐 This approach not only ensured smooth transitions but also fortified customer trust, demonstrating our technical leadership and product management prowess. 🏆 🚀By giving customers ample time to adapt, we minimized disruptions and upheld our commitment to quality and reliability. 🌟 👉 What step would you take in such a scenario to smoothen out the changes?💡🤝 #SemiconductorIndustry #AI #CustomerEngagement #BrightBytesWithRitam Picture source: Critical Manufacturing

Summary: - The CTO's role has varied over time and across industries. Initially, it was focused on providing a single point of view on technology trends and policies critical for product and service development. Today, the role includes understanding and leveraging emerging technologies to impact customers and products. - A CTO is essential in any large product-based company to navigate the impact of technological changes. This role is crucial for identifying significant technological trends and ensuring their effective deployment within the organization. - There are four distinct styles a CTO can adopt, depending on the organization's needs: **Challenger**: Thrives in high-control, low-resource environments, focusing on external interfaces and strategy. **Owner**: Operates well in high-control, high-resource settings, centralizing R&D and managing product and technology development. **Influencer**: Effective in low-control, low-resource contexts, advising business leaders and advocating for innovation. **Enabler**: Succeeds in low-control, high-resource environments, improving processes and fostering cross-functional efficiencies. - A successful CTO needs a deep understanding of customers, the company's current technology, and new technologies. They must also possess strong external networks, systems engineering expertise, and a willingness to challenge the status quo. - The role should be configured to match the individual's strengths and the company's needs, ensuring alignment with the organization's strategic goals.

#ManufacturingMondays Engineers spend over half their time on repetitive, low-value tasks. By automating these processes, you can free up time for more impactful work. Rather than struggling with deadlines or hiring more staff, automate your engineering tasks. 💻 Learn more: https://lnkd.in/eg7jsMmp

⁉️ What Does It Mean to Be Technology Agnostic ⁉️ In the fast-paced world of product development, being chip and technology agnostic is more than just a buzzword—it's a strategic advantage. For Product Owners and Engineering Leaders, this approach means designing systems that can seamlessly work with a variety of hardware and software components. Here’s why it matters: 🌟 Flexibility and Future-Proofing: Easily adapt to market changes and emerging innovations. 💰 Cost Optimization: Select the most cost-effective components without sacrificing performance. 🚀 Enhanced Innovation: Unlock creative solutions beyond vendor-specific limitations. 📈 Improved Scalability: Integrate new technologies effortlessly as your product line grows. For Fortune 1000 OEMs, this translates to a competitive edge, risk mitigation, and global market access. Embrace this approach to lead in the ever-evolving tech landscape. #TechInnovation #ProductDevelopment #TechnologyAgnostic #NuCurrent

Finding business value justification for technology investments is sometimes like looking for a needle in a haystack. But…not for this multinational manufacturing organization. Download this study to understand how this Broadcom's ValueOps Value Stream Management customer in global aerospace manufacturing achieved: ✅ 471% Return on Investment (ROI) over three years with potential payback of approximately $81.6M in nine months ✅ Increased visibility to reduce project waste saved the company $65.4 million ✅ Improved team efficiency freed up $18.9 million in human resource time https://lnkd.in/gA8d782K #ValueOps #ValueStreamManagement #Manufacturing