10 Aug
2018

Three Ways Smart Manufacturing Creates Value

What exactly does a smart manufacturing facility look like? If you walked into a smart factory that leverages data collection and analytics, performance, machine and downtime monitoring, OEE and giveaway, you may not be able to note anything extraordinarily different before your eyes.

Analytics
Food Manufacturing IIoT
Industry 4.0
Smart Factory
Smart Meat Processing
IIoT
Trois façons dont la fabrication intelligente crée de la valeur

What exactly does a smart manufacturing facility look like? If you walked into a smart factory—one uses IIoT; that leverages data collection and analytics, performance, machine and downtime monitoring, overall equipment effectiveness and giveaway, and other related technologies—you  may not be able to note anything extraordinarily different before your eyes.  

 
But, in a paper for Hitachi Consulting, authors Greg Kinsey (Vice President, Industrial Solutions & Innovation, Hitachi Vantara) and Mark Nott (Vice President Global Solutions & Innovation, Hitachi Consulting,) they note, "once you started talking to people, you would understand the dramatic contrast between a digital manufacturing environment and a traditional one. In the smart factory, people would feel they have more knowledge at their disposal about operations. They’d be in better control of their processes, and they’d know what’s coming—predicting what might happen based on data and analytics.”  

 

three-ways-smart-manufacturing-creates-value

Image: Hitachi Consulting

 

And how does this really effect the bottom line or quality?  “If you looked at the key performance indicators (KPIs) for the smart factory, you’d notice it has a higher quality level, more efficiency, increased throughput, fewer bottlenecks and more flexibility. It responds more easily to smaller lot sizes, variable customer requirements and changing conditions. Hot weather coming in? The smart factory has a weather forecast built into its algorithms, and it knows when to readjust processes to compensate for the heat.” 

 

Kinsey and Nott write, “A smart factory with these capabilities is the goal of every manufacturing executive on the planet.” The question, they ask is, how can you get there

 

 

Here are three ways smart manufacturing creates business value

 
1. Predicting and preventing downtime: Reducing the number of products that are out of sync with Takt time, increasing capacity and throughput, and reducing maintenance costs.  
 
2. Predicting and preventing bottlenecks
: Having materials arrive at the right time with each station working at full capacity, increasing throughput.  
 
3. Predicting and preventing defects: Reducing cost of poor quality (CoPQ) and enabling better product mix. 

Source + read the complete report.

 

Want to learn more?
Download the ebook
Related blog articles

Articles connexes

Retour au blog
Nous vous remercions ! Votre demande a bien été reçue !
Oups ! Un problème s'est produit lors de l'envoi du formulaire.
7
Janvier 2019

Artificial Intelligence in the Food Industry: Six areas of application

English
8
Oct 2019

Types de gaspillages dans le lean manufacturing - le gaspillage dû au sur-traitement

French
27
Mars 2020

Ce que vous devez savoir sur le monitoring de la production en 2020

French

Articles connexes

Retour au blog
Nous vous remercions ! Votre demande a bien été reçue !
Oups ! Un problème s'est produit lors de l'envoi du formulaire.
27
Juin 2023

Going Beyond the Numbers: Maximizing ROI with Data Analytics in Manufacturing

Technology has given rise to data – reams of it. In fact, in today’s digital environment there is more data available to manufacturers than in all of history combined. Yet for many manufacturers big data is a big problem.

English
19
Juin 2023

Créer une culture du changement : Stratégies pour faire adhérer au changement

Les entreprises qui réussissent sont toujours en quête d'amélioration. Cela peut se traduire par la mise en place de programmes visant à réduire le temps ou les coûts de production, ou à améliorer des domaines tels que la durabilité, la sécurité, la productivité, la rentabilité ou la part de marché.

French
19
Juin 2023

Creating a Culture of Change: Strategies for Making Change Stick

Successful companies have a constant eye on improvement. This might include programs to reduce production time or costs, or to enhance areas such as sustainability, safety, productivity, profitability, or market share.

English