The benefits of industry 4.0 in manufacturing are clear, but unlocking them requires organizations to overcome capacity constraints. The keys are in these change management strategies.
Industry 4.0 is truly the future of manufacturing. Automation, robotics, machine learning, and data analytics are just a few examples of how the fourth industrial revolution affects the way wire and cable is made and how well companies compete on the world stage.
The multitude of challenges that manufacturers face today is accelerating the need to adapt process innovation, embrace technology, and digitalize operations. Transformation is essential for manufacturers to become more resilient, agile, productive, and profitable.
Due to digitalization in Industry 4.0, internal logistics is subject to constant change. Internal traceability, i.e. the tracking of goods in the warehouse or production facility, is increasingly playing a key role.
Obsolescence is the natural consequence of continuous advances in technology. As such, it is impossible to eliminate it completely. However, it is possible to manage it strategically to minimize its negative impact on your business.
Overall equipment effectiveness (OEE) has been a leading manufacturing performance metric for decades. As Industry 4.0 has taken off, manufacturers now have a range of new tools and techniques that can improve their OEE scores.
Today's most sophisticated metrology systems drive quality assurance (QA) which has become a fundamental digital task which in and of itself facilitates efficient and cost-effective production processes.
Recognized by the World Economic Forum (WEF), Lighthouse facilities can also act as a guiding light for the manufacturing industry, as it navigates the technologies of Industry 4.0. But what makes a Lighthouse factory, and what can other manufacturers learn from them?
The most successful companies set themselves apart from the pack with their fearless approach to challenging the status quo, their ability to execute their strategy, and their drive to return shareholder value.
Google Trends data suggests that worldwide searches for 'Industry 4.0' have continually increased since the term was first coined. What's more interesting, is that the same data shows the term 'What is Industry 4.0?' is the most popular related query. Are you surprised?
Most conversations around the industrial IoT focus on its applications in assembly lines or inventory management. By comparison, processes like water management fly under the radar, but they contain the same potential.
It's a common misconception that manufacturers must purchase entirely new and expensive equipment to build the factory of the future. Instead, manufacturers should consider how they can modernize legacy equipment to make it Industry 4.0 ready and compatible with new tech.
Accelerating Manufacturers' Digital Transformation through a Free Peer-to-Peer Learning & Networking Virtual Event
Internet of Manufacturing, the premier conference series for industry 4.0 leaders, announces that its 2020 event goes virtual from September 28 - 30.
Supported by an integrated ecosystem, the technologies are composed of augmented reality, rapid application development, autonomous robots, digital simulation, and additive manufacturing.
Sometimes the most difficult thing about AI is simply knowing where to start. Identifying potentially impactful use cases is one of the most cited roadblocks for organizations seeking to leverage AI in their business.
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Cutler has authored more than 8000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals including most of the leading monthly trade publications.