Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into Industry 4.0. This time, you get to discover 5 hand-picked lean management solutions for heavy industries.
Global Startup Heat Map highlights 5 Top Lean Management Solutions for Heavy Industries out of 308
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 308 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 lean management solutions for heavy industries that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 303 lean management solutions for heavy industries, get in touch.
EARTH AI advances Ore Exploration
Lean production originated in automotive manufacturing as a measure to reduce waste and increase production efficiency. Due to its effectiveness, heavy industries use lean management to streamline their production operations for minimum operational uncertainty. For example, the dynamic nature of mining operations needs a lean approach from mining exploration and planning to transportation and reclamation to increase production value. This way, heavy industries such as oil and gas, automotive, and shipbuilding, among others, enable continuous improvement in their operations. Plus, lean management facilitates overall operational cost reduction throughout the value chain.
EARTH AI is a US-based startup that offers lean-based metal exploration for mining companies. The startup uses its proprietary artificial intelligence (AI) to predict greenfield metal deposits. Then, they run a low-impact field analysis using geochemistry and mineralogy, thereby directing geological assessment for ore mapping. Upon mapping the ore body, EARTH AI uses lean processes along with proprietary hardware to complete drilling projects at lower costs than standard contractors.
PLACE Strategy develops Lean Construction Software
Lean construction utilizes lean principles from end-to-end design to the construction processes. Since construction is a project-based process, unlike manufacturing, lean construction is a holistic pursuit of concurrent and continuous improvements in all dimensions: design, construction, and maintenance. Startups build lean construction tools like integrated building information modeling (BIM) and production monitoring solutions. This further offers a safe work environment as lean management reduces movement to improve operational efficiency.
PLACE Strategy is a German startup that develops Yolean, a lean construction software. Yolean allows construction companies to digitize lean construction management, from the last planner to cycle planning systems. Additionally, Yolean allows users to visualize production processes and enables collaborative planning. Since PLACE Strategy combines various lean management tools in its solution, construction companies improve efficiency and reduce costs of projects.
SysEne offers Lean Product Development
Lean management in the heavy industries provides extensive visibility into production operations from raw material inbound to final product output. This, in effect, enables better management of operations and reduces process complexity throughout the production. Startups build lean solutions that are readily integrable into manufacturing operations so that manufacturers are able to avoid disruptions in production. Startups also offer lean consulting services to aid manufacturers in integrating lean practices, from product engineering to production operations.
Canadian startup SysEne provides lean product development consulting services for the automotive, heavy-duty transportation, and mining industries. The startup uses process improvement tools, like lean six sigma, along with various other techniques such as process improvement, failure analysis, and supply-chain management. As a result, manufacturers identify wastes at the development stage and improve production efficiency. SysEne also offers solutions such as process engineering, systems engineering & design, and management consulting, among others.
Quanovo develops End-to-End Lean Manufacturing Tools
Aerospace manufacturing follows a high-mix/low-volume production run, unlike automotive with a low-mix/high-volume. Therefore, applying lean principles in the aerospace industry is ineffective to reduce wastes like inventory. However, lean management in aerospace targets wastes due to transportation, motion, and over-processing. This allows aerospace manufacturers and suppliers to streamline their operations and also mitigate manufacturing losses to improve production efficiency. Additionally, in aerospace manufacturing, lean principles assist the business as well.
Quanovo is a British data science startup that develops bespoke lean tools for aerospace, energy, and telecommunication industries. The startup uses data processing and machine learning to develop solutions that are integrable with existing workflows at manufacturing. The startup offers various solutions such as data visualization, demand forecasting, fraud detection, and preventive maintenance tools to improve production floor operations. This way, Quanovo enables process monitoring and continuous improvement throughout the manufacturing value chain, thereby reducing overall wastes and costs. The startup also provides other data analytics tools for marketing.
PPAP Manager automates Parts Approval Process Management
As lean management focuses on removing non-value-adding processes, quality is an integral part of lean manufacturing. Lean tools like lean six sigma and statistical process control (SPC) serves manufacturers in improving the product quality. In addition, lean management tools ensure that the quality of components sourced from suppliers meets industry requirements. This, in turn, allows heavy industry manufacturers to reduce defects and decrease rework or scraping.
Based in the US, PPAP Manager is a startup that automates production part approval process (PPAP) management. The startup’s cloud-based solution streamlines PPAP to ensure the quality of supplier-sourced items in a lean way. The solution also reduces the time for PPAP and provides real-time process information and analytics for better business as well as sourcing decisions. While improving the efficiency of the approval process, the PPAP Manager further ensures compliance and enables traceability of all events in PPAP.
Discover more Industry 4.0 Startups
Industry 4.0 startups such as the examples highlighted in this report focus on lean product management, lean construction, administrative tools as well as lean exploration solutions. While all of these technologies play a major role in advancing the industry, they only represent the tip of the iceberg. To explore more industrial technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Industry 4.0 Innovation Report to save your time and improve strategic decision-making.