Leverage a combination of business excellence methodologies ( e . g ., Lean , TPM , TQM ) and technological enhancements ( e . g ., IoT , Predictive / Prescriptive analytics ) to better address challenges of ‘ waste ’, ‘ variability ’ and ‘ inflexibility ’ across 4M ( Man , Machine , Material & Method ) dimensions and achieve next level of operational excellence across SQPCDM ( Safety , Quality , Productivity , Cost , Delivery & Morale ) aspects .