The Internet of Things connects people, products, and places. Therefore, it brings about opportunities for value creation as well as capture. IoT analytics uses data created by millions of devices to turn insights into critical action. It can have a drastic impact on business processes…
The pandemic and its resulting disruption have highlighted the weaknesses in traditional manufacturing best practices. Clearly, what many organizations believed to be best practices were not actually the best when faced with events like COVID-19. Consequently, the industry best practices are evolving. Here are six…
Managers need to know what happens at every stage of the production process. Also, they need to make all kinds of decisions, from how much raw material to purchase to calculate delivery time. Automated production tracking provides the information necessary to improve processes, reduce costs,…