Industry 4.0 has begun to disrupt the manufacturing industry. It involves a mix of advanced technologies that make operations more reliable, productive, efficient, and customer centric. Process automation combined with digital technologies have already taken over the way goods are manufactured and distributed. The current state of evolution is to embed intelligence into processes across manufacturing, engineering, materials purchasing and supply chain management in order to make them more event and insight driven. This means sensor data from across various processes are used to drive operational decisions. By automating processes, you go beyond simple automation to drastically improve performance and efficiency.
Why Intelligent Manufacturing?
The goal of intelligent manufacturing is to make use of a new generation of information technology to build smart factories that are future-ready to meet emerging manufacturing trends like socialization, personalization, service, intelligence, and green.
Improve overall equipment effectiveness (OEE)
Ability to proactively identify and respond to events that enhance quality and productivity by reducing downtime and improve overall equipment effectiveness (OEE).
Make proactive changes in supply chain
Ability to make proactive changes in supply chain, inventory, and logistics that include packaging and transportation.
Identify new business opportunities
Ability identify new business opportunities, new revenue streams, and new monetization opportunities to strengthen competitive advantage
Undertake predictive maintenance
Ability to undertake predictive maintenance to reduce production line failures and prevent downtime by processing and analysing data in real time.