Factory owners can assess which areas of their manufacturing process require improvement by using cost deployment. It is a great tool that analyzes and quantifies the losses of a process to achieve process improvement. When quantifying losses, we look for continuous improvement of processes. Cost…
COVID-19 has certainly shaken up every industry, including the manufacturing industry. The changes in the market were so drastic that some companies went broke, and only few of them adapted and could stay in business. In this article, we will explain to you the reality…
The management model “lean manufacturing” seeks to minimize losses and it also boosts added value to customers. Furthermore, this model is based on the idea that waste includes every operation that does not add value to the customer’s experience. For example, operations which involve overproduction,…
Manufacturing uses a variety of pieces of equipment that require monitoring and timely checks. IoT technology allows managers to improve manufacturing productivity by making it much easier with sensor-based connectivity. Therefore, this improves efficiency and asset health and provides perks such as instant decision-making and…
The manufacturing sector is increasingly using IIoT. As consumers demand more customized services and businesses seek to meet these needs, the digital transformation has become a popular option for companies. The global chain complexity is a major challenge that industrialists face. However, it encourages them to…
The 4th industrial revolution is currently transforming the basis of economic life as we know it. Tech innovation is what drives the 4IR, as it did with the other three revolutions. The advancements during the first three industrial revolutions were steam, electricity, and digital shift. But…
What is the Internet of Things (IoT), and how does it work? There are tons of devices, and many protocols and standards — each with an acronym. It can be difficult for even the most experienced expert to keep up with all the layers of…
If you connect and automate machines, they generally work in a more efficient way. This is a basic principle that makes sense, since manufacturing automation allows for data exchange, thus optimizing processes. Even though it may sound like a vision, IoT is making manufacturing automation…
The Industry 4.0 continues to make strides through the first quarter of this 21st century. It is clear that the IIoT, Industrial Internet of Things, is the next industrial revolution. Since IIoT possesses many benefits, global manufacturers are making big investments in interconnecting equipment to…