The Meaning of “Waste” in Lean Manufacturing In lean manufacturing, we consider “waste” as any operation that does not add value to the customer. In other words, waste reduces profits, therefore, customers do not want to pay for it. Lean manufacturing seeks to eliminate waste…
The concept of Industry 4.0 represents a major change for most organizations. Since many of them became stuck during the pandemic, they took their chances and betted on the digital transformation of their company. They did this to increase productivity, improve efficiency and product quality…
Nowadays, since more and more devices are connected, Industry 4.0 is at risk of cyberattacks. For this reason, cybersecurity has become the top priority of many companies. What is cybersecurity? Cybersecurity entails the protection of computers, servers, mobile devices, electronic systems, networks, and data from cyberattacks. …
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…
IoT in the Oil and Gas Industry The oil and gas industry is responsible for over 61% of global energy production. Fuel losses in the United States amount to $10 billion each year due to thefts and leaks. According to statistics, approximately 2.5 million miles of…
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 Industrial Internet of Things (IIoT) and the Internet of Medical Things (IoMT) are two great ways in which IoT sensors make our lives and businesses much simpler. Did you know that IoT sensors can be embedded in smartphones, homes, offices, and workplaces? And with wireless…
In today’s rapidly evolving world of logistics and transportation, the role of fleet managers has become more critical than ever. Ensuring that a fleet remains seamlessly connected and efficiently managed is no small feat. However, thanks to the transformative power of IoT (Internet of Things)…