If manufacturing was "perfect" there would be no down time and zero waste. While absolute perfection isn't possible, reaching in that direction is with Industry 4.0. Forbes said, "By bringing production closer to their customer base they not only reduce shipping costs, slash energy consumption and lower the risks inherent in the supply chain; they can also respond faster to customer demands." It also sets companies up to be successful in years to come.
Manufacturers are under constant pressure. They need to decrease waste while increasing uptime, throughput and quality to continue to compete effectively. Manufacturers are no stranger to disruption either, and in recent years lean manufacturing practices and automation have applied further pressure on them, even forcing some out of the game altogether. The next disruptive phase in manufacturing is already well underway. “Industry 4.0” builds on the previous three phases of industrialization – mechanization, mass production and controls. It’s an intelligent production environment enabled by an integrated platform of enterprise data systems, the Internet of things (IoT) and cloud computing. Read More
Industry 4.0 and IoT can make your factory a smart, efficient machine. It can empower your employees to make them more efficient with more job satisfaction. These initiatives can also help immensely w...
Sometimes the possibilities can seem overwhelming. When you're trying to work on Industry 4.0 initiatives and get stuck in all the information - what do you do? Deloitte says many companies feel this ...
Why is Industry 4.0 so important? Because you can have the information you need when you need it. You might not initially realize how inefficient your shop could be until you implement this technology...
Industry 4.0 can often seem like a big, daunting challenge. To make it a little easier, Industry Week put together a list of a few things you can do right now to move toward Industry 4.0. They said fi...
If you want your Industry 4.0 initiative to succeed, industrialized data is vital. The bottom line is that if your data isn't safe and accurate it's not helping you. Forbes said, "To realize the full ...
Transitioning to IIoT? You can learn from those before you to make your transformation smooth and successful. First of all, you don't need to break the bank right away. Industry 4.0 technology is beco...
The manufacturing industry is currently dealing with a skills gap. This has happened before - during the Industrial Revolution of the 19th century and there was a positive outcome then! Forbes said th...
Big data and machine learning are making a big impact on manufacturing, but they are also important in society as a whole. Forbes says big data is, "The realization that there exist piles of data wher...