Industry Insights
The Next Wave: Riding Production Monitoring into Industry 5.0
Just when you thought you had this whole digital transformation Industry 4.0 thing figured out, the game’s shifting once again.
April 17, 2024
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The Industry Insights category hosts thought-provoking articles that delve into the manufacturing industry’s latest trends, developments, and challenges, providing readers with our unique perspective and expert analysis. This collection of content aims to keep readers informed and engaged, fostering a deeper understanding of the ever-evolving manufacturing industry.
Just when you thought you had this whole digital transformation Industry 4.0 thing figured out, the game’s shifting once again.
Production monitoring plays a key role in transforming data into factory floor improvements for Industry 4.0.
Charting the correct course of action in your search for data to optimize your factory floor can be a difficult journey.
MES systems lack the granularity required to capture real-time data for what is actually happening on the factory floor.
Real time data is essential for manufacturers to know what is happening on the factory floor so they can stop problems as they happen.
The myth of standardized cycle times overlooks the inherent variability and complexity of manufacturing operations.
By strategically applying the Pareto principle, manufacturers can optimize their resource allocation and focus on the most impactful areas.
Maximizing ROI for production monitoring software can be evaluated by the time it saves, how much it reduces costs and the value it adds to the organization.
The status quo is a moment in time while continuous improvement is the journey. Manufacturers need a production monitoring system that can adapt and grow to meet the challenges of tomorrow.
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