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We're at the age of Manufacturing 4.0 with Artifical Intelligence, Robots and 'smart' technologies are transforming the factory floor. Is your business ready?
Welcome to Manufacturing 4.0
- To improve processes, manufacturers are increasingly eyeing investments in automation such as robotics and machine learning.
- Research & market expect AI spend in manufacturing to reach $17.2B by 2025, growing at a CAGR of 49.5%.
- A key benefit in automation is that it reduces risks especially in industrial sites such as those using heavy machinery or those in dangerous operating environments.
A Leaner Supply
- To stay above the competition, an organization’s supply chain needs to be optimized to deliver greater value to customers.
- Aside from pricing and stock availability, manufacturers will increasingly focus on simplifying supply chain management to be able to operate more efficiently, manage stocks better and reduce operational cost.
- Many will digitize their supply chains through the use of RFID, business intelligence, as well as tools to improve logistics, optimize network and inventory, and procurement.
- There is growing adoption of predictive maintenance technologies that could not only reduce a company’s maintenance cost but also avert unplanned outages and extend equipment life.
- The use of predictive maintenance tools to monitor equipment performance, as well as integration of IoT and automation, could save manufacturers valuable time, money and resources.
|•||There is no room for downtime in a manufacturing facility as downtime means financial loss, damaged
|•||Manufacturing facilities require continuous, clean and reliable power+B5 source to prevent downtime in the production process.|
|•||They require solutions that are robust and rugged, designed to withstand harsh, contaminated environments. Standardized UPS, power protection and cooling solutions are not enough.|
|•||Manufacturers must be able to come up with ways to seamlessly integrate technology into everyday manufacturing operations.|
|•||Equipment should be optimized and designed to accommodate technology integration through the use of predictive tools as well as power availability.|
|•||IT managers must have the right infrastructure in place not only to support the uptick in
|•||As they strive to create a leaner, more efficient supply chain, manufacturers must be aware of key supply and demand information in real time, right up to the shop floor – to be able to adjust production SKUs and schedules.|
|•||Predictive monitoring tools can aid in having a smarter supply chain network. These tools must be able to predict, diagnose and provide action on all areas of the manufacturing network to ensure process continuity at all times.|
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