Technologies That Will Keep You Ahead in the Manufacturing Realm

Bhagyashri Kambale | November 20, 2021 | 696 views
MANUFACTURING-REALM
Modern manufacturing methods are pioneering and adopting manufacturing industry advancements. To remain competitive in the present era and provide the most excellent industry solutions to your organization and target customer group in 2022, you must employ new manufacturing technologies in your manufacturing processes.

Additionally, embracing current technologies is the ideal approach to tackle the industry's current challenges such as workplace safety, digitalization of operations, and a lack of skilled workers.

This article will discuss some of the leading manufacturing technologies that transform traditional manufacturing facilities into smart manufacturing factories. So, let us begin.

Manufacturing Technology & Innovations for 2022

To better understand industry 4.0, let's look at some of the manufacturing technologies that will dominate the manufacturing industry in 2022.


3D Printing



Numerous industries, including aerospace, healthcare, electronics, and architecture, utilize 3D printing in manufacturing. It is the most widely used technology across industries and will remain so in 2022 and in the years to come.

We may also anticipate more advancements in this technology to help overcome current barriers to 3D printing adoption, including equipment costs, material constraints, lengthier manufacturing times, a lack of knowledge, and legal issues.

Additionally, it would assist manufacturers in overcoming current manufacturing challenges such as increasing product demand, increasing automation, and locating and retaining the workforce in manufacturing plants. It is vital to incorporate 3D technology into production processes to achieve greater precision and accuracy in manufacturing.


IoT



The Internet of Things is a critical component of the industry 4.0 revolution. It has altered the environment of data collection and analysis across sectors. For example, the Internet of Things is assisting manufacturers in better understanding manufacturing and supply chain operations, forecasting product demand, and boosting customer experiences.

Implementing IoT in your manufacturing plant will also help you avoid production delays and increase the performance of your production lines. Additionally, it will decrease equipment downtime and improve process efficiency. It also enhances worker safety and enables more effective labor management.

To begin implementing IoT in your manufacturing plant, you must first examine your manufacturing processes and research how other organizations have implemented IoT in their manufacturing processes or products. This method will assist you in determining the optimal location to begin integrating the IoT in your manufacturing plants and transforming them into smart ones.

“Once you start to look at yourself in the right way and realize that projects are at the core of your business, it is easy to see how you should use technology to support your business.”

– Matt Mong, VP of Market Innovation and Project Business Evangelist at Adeaca.

GD & T



The model created in the CAD program for any product is not exactly replicated with the exact dimensions during the production procedures. Thus, manufacturers or engineers utilize GD&T (Geometric Dimension &Tolerancing) to manage and communicate the permissible variation within a product assembly to manufacturing partners and inspectors.

GD&T is a programming language that enables developers and inspectors to optimize functionality without incurring additional costs. The primary advantage of GD&T is that it expresses the design intent rather than the final geometry. However, as with a vector or formula, it is a representation of the actual item.


AR & VR




The two primary transformation aspects in the industry 4.0 notion are augmented reality (AR) and virtual reality (VR). AR technology in manufacturing enables firms to operate more efficiently by reducing production time. Additionally, it discovers and resolves manufacturing process difficulties.

Virtual reality technology benefits the industrial business in a variety of ways. It enables product designers to mimic their prototypes or models using powerful virtual reality software. This enables them to correct faults at the first stage of production and minimize production time and cost. Additionally, the technology provides additional benefits, such as increased workplace productivity and safety.


ERP




Enterprise Resource Planning (ERP) refers to a comprehensive end-to-end software solution that is used across sectors. It assists the manufacturing business in successfully maintaining production processes and other operational data by avoiding numerous roadblocks along the way. ERP technology enables enterprises to improve process efficiency and product quality by tackling industry-specific difficulties such as insufficient data, operation integration, inventory control, supply chain management, and on-time delivery.

Discover How John Deere Manufactured Their Tractors Using Cutting-edge Technologies

John Deere is a significant firm that embraces innovation and the Internet of Things. The company integrates Internet of Things sensors, wireless communication, and intelligent land management systems. It further integrates IoT tools into its manufacturing process, bridging the gap between technologies. Additionally, the company is a pioneer in GPS technology. Its most modern technology, which it incorporates into tractors, is accurate to within two centimeters. Additionally, the organization has implemented telemetry technology for predictive maintenance.


Final Words

Manufacturing innovations are assisting manufacturers in modernizing their traditional manufacturing processes. Modern manufacturing is equipped with modern technologies that aim to improve the processes and goods, increasing the manufacturers' commercial revenues. So, to remain competitive in this age of technological innovation, manufacturers must update their manufacturing processes to remain relevant in today's manufacturing world.


FAQ


What is manufacturing innovation?

Manufacturing innovation includes new technology, supply chain modifications, and product and process improvements. As a result, businesses can benefit significantly from innovation and typically surpass their competitors.


Which technologies are considered to be a component of advanced manufacturing?

3–D printing, robotics, IoT, nanotechnology, cloud computing, robotics, and big data are the significant components of advanced manufacturing.


How are cutting-edge technologies assisting the manufacturing sector?

The cutting-edge technology can precisely estimate demand to set production objectives, analyze machine data to predict when parts will break before a human operator can detect, and more.

Spotlight

Veris Industries

Veris Industries, located in Tualatin Oregon, is a premier provider of environmental sensors and energy management solutions for commercial HVAC, energy management, renewable energy, and industrial control applications. Veris has an extensive product portfolio that includes a wide array of control devices including air quality sensors, current sensors, humidity sensors, leak detection systems, lighting control devices, network integration systems, power and energy monitors, pressure sensors, relays, temperature sensors, and more. Veris’ products integrate with a facility’s main controls system providing valuable feedback on energy consumption, and helping to monitor, regulate, and decrease a facilities energy use.

OTHER ARTICLES

The Key Components of Industry 4.0 and Their Applications

Article | February 11, 2022

Industry 4.0 technologies, ranging from simulation to big data, have advanced significantly during the past few years. It is critical to gaining access to real-time outcomes and data that will propel the sector to new heights of lean success. Growing industry expertise and technological applications are making all cutting-edge technologies commercially available. However, the notion of Industry 4.0 is not straightforward. It comprises a wide range of technologies and is applied across a variety of circumstances. This article will explore some of the key components of Industry 4.0 and their application scenarios. All of them are critical components for industry to work smoothly, accurately, and effortlessly. Each individual component plays a unique role in the overall efficacy of Industry 4.0 technologies. Industry 4.0 Components Big Data and Analytics & Use Case Big data analytics is one of the core components of Industry 4.0. With big data analytics, businesses may identify important correlations, patterns, trends, and preferences to help them make better decisions. In Industry 4.0, big data analytics is used in smart factories to forecast when maintenance and repair procedures are required. Manufacturers benefit from increased production efficiency, real-time data analysis, predictive maintenance optimization, and production management automation. “Data is the new science. Big data holds the answers.” – Pat Gelsinger, CEO at VMware The IoT and current production systems create a lot of data that must be acted upon. That's why big data organizes data and develops insights that help businesses enhance their operations. Big Data Use Cases Optimizing Warehouse Operations: Businesses may increase operational efficiency by identifying human mistakes, running quality checks, and displaying ideal production or assembly routes using sensors and portable devices. Eliminating Bottlenecks: Big data helps identify variables that may slow the operation’s performance and diagnose the issue at an early stage and eliminate bottlenecks. Predicting Demand: More accurate and relevant forecasts are made possible by visualizing activities beyond historical data through internal analysis (consumer preferences) and external analysis (trends and external events). This enables the business to predict demand, adjust and optimize its product portfolio. Proactive Upkeep: By recognizing breakdowns in patterns, data-fed sensors indicate potential problems in the operation of machinery before they become breakdowns. The system notifies the equipment in order for it to react appropriately. These are only a few of the applications of big data analysis in manufacturing systems; there are several others, including enhanced security, load optimization, supply chain meanagemnt, and non-conformity analysis.  Industrial Internet of Things (IIoT) & Use Case The next component in the industry 4.0 components list is IIoT. By virtue of its unique characteristics, the Industrial Internet of Things (IIoT) is creating massive changes in industrial applications. It greatly improves the operational efficiency and workflow of factories by monitoring assets and processes in real time. The IIoT presents several opportunities for entrepreneurs to improve their industry exponentially. “The Internet of Things is the game-changer for an overall business ecosystem transformation.” – Joerg Grafe, Senior Market Analyst, IBM IIOT Use Cases Predictive Maintenance: Maintenance schedules are established for machines and assets that run continually. Unplanned maintenance and failures often cost over $88 million a year. Predictive maintenance can help control these overhead costs. Sensor and device data allows predictive analytics systems to swiftly analyze current conditions, identify danger indications, send alerts, and initiate maintenance activities. For example, a pumping station motor in an ideal IoT facility may schedule maintenance if it detects irregularities in sensor data. This method saves money on routine and frequent maintenance. Asset Tracking: Asset tracking is designed to find and track valuable assets. Industries can track assets to improve logistics, maintain inventory, and identify inefficiencies or theft. Real-time asset tracking is vital in manufacturing. It may be used in warehouse and inventory management to keep track of the goods. This helps in finding the lost or misplaced goods in the warehouse. Industries with scattered assets may use IoT to track, monitor, and control them. Workplace analytics: More IIoT devices mean more workflow data for organizations. Data scientists can use analytics engines to find inefficiencies and offer improved operations. Location data analysis might also reveal warehouse inefficiencies. Remote quality monitoring: Sensors give faster and more cost-effective information about products or processes, leading to faster and more effective actions. Industry 4.0-enabled quality monitoring systems can also be obtained from the IIoT. Manufacturing factories can utilize IoT devices to remotely check material or product quality. It increases efficiency by allowing staff to verify many processes quickly. Similarly, real-time alarms make it easier for people to respond quickly, which lowers the risk of a failed product if left unchecked. Because remote quality monitoring is a novel concept, there aren't any ready-made solutions or services. Developing customized IoT technology to measure certain metrics can be costly and difficult. Cyber security & Use Case Industrial manufacturing has one of the highest data breach costs of any sector. The Ponemon Institute's 2019 Cost of a Data Breach Report estimates the average industrial breach at $5.2 million. In May 2017, the WannaCry ransomware assault crippled several manufacturing companies, forcing some to shut down plants for days. Overall losses were in the billions. “Cyber-Security is much more than a matter of IT.” ― Stephane Nappo Cyber security is vital for a safer digital zone on your factory floor or in your manufacturing business. It is one of the crucial 4.0 industry components. It's essential to be mindful of the weaknesses while modernizing manufacturing. The largest risk in an open factory environment with widely distributed partners and operations is an incident that disrupts operations. No manufacturing company, or any organization, for that matter, should pursue digital transformation without including cyber security in every step and decision. Cyber Security Use Cases Analyzing network traffic to detect patterns indicative of a possible attack Detect harmful activities or insider risks Response to incidents and forensics Manage the risk associated with third- and fourth-party vendors Identify data intrusions and compromised accounts Risk management, governance, and compliance Threat hunting is a technique for identifying signs of attack Additive Manufacturing & Use Case Additive manufacturing is a set of manufacturing processes that create a final product by layering material. Additive manufacturing reduces production and supply chain costs by enabling the rapid creation of large quantities of parts. It eliminates stock and the requirement for molds. Initially, 3D printing was utilized for prototyping and is still the rule. However, 3D printing technology has advanced; it is now more inventive than ever before. “3D printing is going to be way bigger than what the 3D printing companies are saying.” – Credit Suisse Additive Manufacturing Use Cases Parts for New Products: Porsche is 3D printing aluminum pistons for the Porsche 911 G2 RS engine. The improved product was made feasible using generative design software, aluminum powder, and 3D printer improvements. General Atomics Aeronautical Systems has teamed up with GE Additive to print a NACA inlet. The component is made via laser powder bed fusion. Parts for the Aftermarket: Aftermarket components are defined as non-OEM (original equipment manufacturer) replacement parts. Thyssenkrupp and Wilhelmsen Marine Products have teamed up to offer 3D printed replacement components. With aged ships, the maritime sector frequently needs hard-to-find, costly, and time-consuming spare components. 3D printing spare parts near to the source reduces lead times and shipping costs. Jigs, Fixtures, Molds and Tools: Jigs, fixtures, molds, and tools are essential in manufacturing. When one of these fails, a plant's downtime is prolonged. Jabil, a manufacturing services firm, has adopted 3D printing. They no longer have to wait weeks for tools or components. They can now produce tooling, fixtures, and manufacturing aids in-house in days, speeding up new product launches and increasing customer satisfaction. Simulation and Virtualization & Use Case Simulation in manufacturing systems is the process of using software to create computer models of production systems for the purpose of analyzing them and obtaining valuable information. According to syndicated research, it is the second-most popular management discipline among industrial managers. “Simulation is the situation created by any system of signs when it becomes sophisticated enough, autonomous enough, to abolish its own referent and to replace it with itself.” - Jean Baudrillard Simulator software lets businesses try out new technologies and principles in a risk-free, virtual setting so they can make sure they're making the right investments. Simulation Use Cases Interoperability: The simulation showed how downstream work stations may use extra location data to more efficiently choose and organize work batches to satisfy client demand. Information Transparency: Using sensor data, we may construct a virtual replica of the physical world, such as a manufacturing plant or contact center. This technology allows an operator to visually evaluate and certify products. Technical Assistance: Simulating the use of Automated Guided Vehicles (AGVs) to accelerate traditional production and manufacturing processes. Additionally to substitute physically hard jobs such as stock moving is becoming increasingly popular. Due to simulation's ability to capture the process time variation, it is an effective tool for validating critical design parameters. For example, the number of AGVs to purchase, the overall benefits to throughput, maintenance planning, and track layout. Decentralized Decisions: In a high-mix, high-volume production plant, a simulation is performed to examine the feasibility of increasing a palletizer's storage capacity in order to 'rack-up' a series of basic tasks for overnight processing while reserving more complex processes for staff hours. The simulation lets you try out a large number of test scenarios, including worst-case scenarios in which the machine becomes stuck near the start of its overnight operation. Final Word Industry 4.0 is a solution bundle for manufacturers to improve their manufacturing, inventory, and supply chain management. The key components mentioned above are only a few from an extensive list. There are more industry 4.0 technologies to include in the list, including digital twins, cloud, virtualization, robots, augmented reality, artificial intelligence, and more. Many of these technologies are now accessible to make future forward smart factories a reality today. Know about the uses of each component and learn how to integrate it into your digital manufacturing. FAQ What is industry 4.0 also called? Industry 4.0 is also known as IIoT or smart manufacturing. It combines physical manufacturing and operations with smart digital technologies such as machine learning, and big data to create a more holistic and linked environment for manufacturing and supply chain businesses. Why is Industry 4.0 needed? Industry 4.0 technologies help you control and optimize your production and supply chain operations. It provides real-time data and insights to help you make better business decisions, eventually increasing the productivity and profitability of your company. What are the four core components of industry 4.0? In an attempt to define Industry 4.0 concept, German researchers developed a list of industry-defining components. They are: cyber-physical systems, IoT, Internet of Things, and smart factories.

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Technologies That Will Keep You Ahead in the Manufacturing Realm

Article | November 20, 2021

Modern manufacturing methods are pioneering and adopting manufacturing industry advancements. To remain competitive in the present era and provide the most excellent industry solutions to your organization and target customer group in 2022, you must employ new manufacturing technologies in your manufacturing processes. Additionally, embracing current technologies is the ideal approach to tackle the industry's current challenges such as workplace safety, digitalization of operations, and a lack of skilled workers. This article will discuss some of the leading manufacturing technologies that transform traditional manufacturing facilities into smart manufacturing factories. So, let us begin. Manufacturing Technology & Innovations for 2022 To better understand industry 4.0, let's look at some of the manufacturing technologies that will dominate the manufacturing industry in 2022. 3D Printing Numerous industries, including aerospace, healthcare, electronics, and architecture, utilize 3D printing in manufacturing. It is the most widely used technology across industries and will remain so in 2022 and in the years to come. We may also anticipate more advancements in this technology to help overcome current barriers to 3D printing adoption, including equipment costs, material constraints, lengthier manufacturing times, a lack of knowledge, and legal issues. Additionally, it would assist manufacturers in overcoming current manufacturing challenges such as increasing product demand, increasing automation, and locating and retaining the workforce in manufacturing plants. It is vital to incorporate 3D technology into production processes to achieve greater precision and accuracy in manufacturing. IoT The Internet of Things is a critical component of the industry 4.0 revolution. It has altered the environment of data collection and analysis across sectors. For example, the Internet of Things is assisting manufacturers in better understanding manufacturing and supply chain operations, forecasting product demand, and boosting customer experiences. Implementing IoT in your manufacturing plant will also help you avoid production delays and increase the performance of your production lines. Additionally, it will decrease equipment downtime and improve process efficiency. It also enhances worker safety and enables more effective labor management. To begin implementing IoT in your manufacturing plant, you must first examine your manufacturing processes and research how other organizations have implemented IoT in their manufacturing processes or products. This method will assist you in determining the optimal location to begin integrating the IoT in your manufacturing plants and transforming them into smart ones. “Once you start to look at yourself in the right way and realize that projects are at the core of your business, it is easy to see how you should use technology to support your business.” – Matt Mong, VP of Market Innovation and Project Business Evangelist at Adeaca. GD & T The model created in the CAD program for any product is not exactly replicated with the exact dimensions during the production procedures. Thus, manufacturers or engineers utilize GD&T (Geometric Dimension &Tolerancing) to manage and communicate the permissible variation within a product assembly to manufacturing partners and inspectors. GD&T is a programming language that enables developers and inspectors to optimize functionality without incurring additional costs. The primary advantage of GD&T is that it expresses the design intent rather than the final geometry. However, as with a vector or formula, it is a representation of the actual item. AR & VR The two primary transformation aspects in the industry 4.0notion are augmented reality (AR) and virtual reality (VR). AR technology in manufacturing enables firms to operate more efficiently by reducing production time. Additionally, it discovers and resolves manufacturing process difficulties. Virtual reality technology benefits the industrial business in a variety of ways. It enables product designers to mimic their prototypes or models using powerful virtual reality software. This enables them to correct faults at the first stage of production and minimize production time and cost. Additionally, the technology provides additional benefits, such as increased workplace productivity and safety. ERP Enterprise Resource Planning (ERP) refers to a comprehensive end-to-end software solution that is used across sectors. It assists the manufacturing business in successfully maintaining production processes and other operational data by avoiding numerous roadblocks along the way. ERP technology enables enterprises to improve process efficiency and product quality by tackling industry-specific difficulties such as insufficient data, operation integration, inventory control, supply chain management, and on-time delivery. Discover How John Deere Manufactured Their Tractors Using Cutting-edge Technologies John Deere is a significant firm that embraces innovation and the Internet of Things. The company integrates Internet of Things sensors, wireless communication, and intelligent land management systems. It further integrates IoT tools into its manufacturing process, bridging the gap between technologies. Additionally, the company is a pioneer in GPS technology. Its most modern technology, which it incorporates into tractors, is accurate to within two centimeters. Additionally, the organization has implemented telemetry technology for predictive maintenance. Final Words Manufacturing innovations are assisting manufacturers in modernizing their traditional manufacturing processes. Modern manufacturing is equipped with modern technologies that aim to improve the processes and goods, increasing the manufacturers' commercial revenues. So, to remain competitive in this age of technological innovation, manufacturers must update their manufacturing processes to remain relevant in today's manufacturing world. FAQ What is manufacturing innovation? Manufacturing innovation includes new technology, supply chain modifications, and product and process improvements. As a result, businesses can benefit significantly from innovation and typically surpass their competitors. Which technologies are considered to be a component of advanced manufacturing? 3–D printing, robotics, IoT, nanotechnology, cloud computing, robotics, and big data are the significant components of advanced manufacturing. How are cutting-edge technologies assisting the manufacturing sector? The cutting-edge technology can precisely estimate demand to set production objectives, analyze machine data to predict when parts will break before a human operator can detect, and more. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What is manufacturing innovation?", "acceptedAnswer": { "@type": "Answer", "text": "Manufacturing innovation includes new technology, supply chain modifications, and product and process improvements. As a result, businesses can benefit significantly from innovation and typically surpass their competitors." } },{ "@type": "Question", "name": "Which technologies are considered to be a component of advanced manufacturing?", "acceptedAnswer": { "@type": "Answer", "text": "3–D printing, robotics, IoT, nanotechnology, cloud computing, robotics, and big data are the significant components of advanced manufacturing." } },{ "@type": "Question", "name": "How are cutting-edge technologies assisting the manufacturing sector?", "acceptedAnswer": { "@type": "Answer", "text": "The cutting-edge technology can precisely estimate demand to set production objectives, analyze machine data to predict when parts will break before a human operator can detect, and more." } }] }

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How to Boost Your Manufacturing Sales: 5 Ideas to Consider by C-level Execs

Article | April 29, 2022

Manufacturing sales occur when a manufacturer sells their finished goods, which are produced from raw materials or components. At the very least, that was an apt definition before industry 4.0, digitization, and consumerization. Manufacturing sales nowadays must accomplish a great deal more. Smart manufacturing technologies accelerate innovation across all verticals, and manufacturers are making every effort to meet B2C expectations. In this article, we'll look at five great ways to enhance manufacturing sales, so that manufacturers may get back on track with stalled sales deals. 5 Tips to Boost Your Manufacturing Sales Develop an ‘inbound' Sales Mindset Most salespeople have a reputation for being pushy. How frequently have you felt compelled to acquire something that wasn't appealing to you? If you answered yes, you've probably dealt with an outbound salesperson who was pushy, interruptive, and purely focused on selling. This happens when a manufacturer suffers from 'product-focused selling syndrome.' In this case, the salesman places a stronger emphasis on the products than on the customer. Additionally, you risk showing the wrong product to the customer without knowing anything about the buyer. If you do so, you are following an outdated method that needs to be replaced. Here comes the truly unique concept of inbound manufacturing marketing. Inbound marketing outperforms outbound sales methods in terms of lead generation and has the potential to generate more productive leads. Select a Customer Relationship Management Solution Spreadsheets are backdated, and the world has gone digital. It would be best you adapt as time changes. It is possible to understand one's business requirements and choose the best CRM system that will help streamline processes and deliver results faster. Regardless of your business size, the ideal CRM software may help you maintain a competitive edge by helping you to: Track all customer interactions Maintain control over sales and marketing activities Ensure that existing clients have a positive experience Increase product and service sales Streamline communication between the sales and marketing departments Acquire and retain new customers Align Your Sales and Marketing Teams According to a Forrester study, 43% of CEOs said that misalignment cost them revenue. To increase sales, your marketing and sales teams must work in unison and collaboratively. Spend time developing interactions between these teams; it will ensure that your marketing team's efforts are actually assisting your sales team in closing business. Additionally, ensure that face-to-face time between teams is facilitated, and consider adding solutions that will assist your workers in working together and communicating more effectively. The purpose of integrating your marketing and sales teams is to foster complete transparency and a shared knowledge of their respective goals and objectives. One team cannot function effectively without the other, and keeping this in mind would help everyone to grow the business. Boost Your PR with Social Media Manufacturers should invest in PR to build brand awareness and communicate stories. Social media can help broaden your PR reach. It's best to post press releases on your company's website and then share them on Twitter and Facebook. This will help your SEO and encourage others to share your material. Make sure your website page has a “share this” option for easy syndication. Also, many manufacturing companies are not utilizing their company websites to their full potential. Using websites has a competitive advantage as it helps to enhance consumer loyalty and sales. Make an Online Interactive Product Catalog Having a PDF download of your product catalog is insufficient in today's digital age. Businesses want a catalog of products that customers can search for, explore, and analyze online. Products should not be merely posted on a page, but should be integrated into a true product database, allowing for the electronic distribution of particular product listings to prospective buyers via a link or social media. This shortens the sales cycle and provides better support for your sales team as they present products. Demonstrations of products via video would be an extra bonus for any business transaction. Final Word Manufacturing sales are influenced and shaped by market conditions, industry-specific variables, manufacturing type, and distribution mix. Manufacturers may respond to these problems and develop agile and sustainable sales strategies for the future by leveraging digital sales solutions and industry 4.0 technologies. Manufacturers can retain margins, increase customer happiness, and most crucially, grow revenue through digital manufacturing sales. A customer-centric approach prepares producers for the future of a commercialized B2B market. FAQ What are manufacturing sales? Manufacturing sales are intended to provide raw materials that can be turned into finished products to meet market demand. What are direct sales? Direct sales do not involve any intermediaries. Manufacturers or producers sell directly to B2B customers. It's a good cost-cutting strategy because the producer retains complete control over marketing, sales, and shipping. What are indirect sales? Indirect sales allow manufacturers to quickly expand their sales networks, increase brand recognition, outsource sales operations costs, and reach new consumer groups or market sectors.

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Lean Manufacturing tactics for Revenue Growth

Article | June 30, 2022

“More than a business strategy, Lean is a school of thought that values quality, efficiency, and being innovative.” Lean manufacturing got Toyota where it is today. Toyota identifies the wastes and lean manufacturing stood as a building block to minimize it. As a world-class leader Toyota realized, customers will pay for value-added work, but never on waste. Their prime objective was to limit the resources used in the manufacturing system to only where they were needed. Lean manufacturing aims to reduce waste while maintaining product or service quality. A customer-centric approach that considers the buyer's needs and expectations is required to achieve this result. Ways Lean Manufacturing Can Grow A Company’s Revenue: “Lean manufacturing is often thought of in terms of just cost reduction rather than as an overall business strategy that can assist with revenue and many other goals.” Here are ways that lean manufacturing can help a business increase revenue: Free cash flow: A free cash flow develops new products, makes acquisitions and/or increases marketing activities. Highly adaptable: Lean manufacturers are highly flexible and respond to customer needs faster, better, and cheaper. Earning a sole source status: Current customers place more orders with the best suppliers, who frequently earn sole source status. Cost to Produce: Develop a 'COST TO PRODUCE' advantage that allows for greater pricing flexibility in order to increase sales. Develop Lean Value Proposition: When the marketplace places a premium on quality, dependability, and quick response, the sales team develops the "LEAN VALUE PROPOSITION," and prospective customers listen and act accordingly. Value Stream A lean manufacturing technique that aids in process optimization is value stream mapping. It involves a detailed visualization of each step required to transform an idea into a service, product, or value-added project. Looking at real- world implications, a rope manufacturing company, for example, used value stream mapping to show the layout of its manufacturing floor. They improved its material flow, saving 33% material handling time. Value stream mapping facilitates the identification of waste in current operational processes and the optimization of teamwork. Therefore, one of the first steps for organizations seeking to transition from projects to product delivery is to map their value streams. The organization's lean transformation initiative and overall success may be jeopardized if employees are not implementing accurate processes. Also, some organizational leaders frequently implement lean manufacturing processes but often fail to recognize that business success is dependent on implementing new processes and ensuring employees are well-suited to the tasks assigned to them.

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Spotlight

Veris Industries

Veris Industries, located in Tualatin Oregon, is a premier provider of environmental sensors and energy management solutions for commercial HVAC, energy management, renewable energy, and industrial control applications. Veris has an extensive product portfolio that includes a wide array of control devices including air quality sensors, current sensors, humidity sensors, leak detection systems, lighting control devices, network integration systems, power and energy monitors, pressure sensors, relays, temperature sensors, and more. Veris’ products integrate with a facility’s main controls system providing valuable feedback on energy consumption, and helping to monitor, regulate, and decrease a facilities energy use.

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MANUFACTURING TECHNOLOGY,INDUSTRIAL 4.0

Embraer Signs an Agreement with Toyota to Increase the Efficiency of its Manufacturing System

Embraer | July 01, 2022

Embraer has signed a contract with Toyota do Brasil to incorporate Toyota Production System (TPS) principles and concepts into its manufacturing operations. The initiative aims to reduce waste, improve operational efficiency, and generate more value for stakeholders. During the first phase of this collaboration, a team of Toyota Brazil TPS specialists will immerse themselves in Embraer's daily operations to evaluate and suggest improvements for the company's main manufacturing area at the Ozires Silva Unit in So José dos Campos, So Paulo. "Bringing Toyota to execute this work reinforces Embraer's commitment to focus on business excellence and sustainable growth, It will be an excellent opportunity to exchange knowledge and accelerate the usage of the Lean philosophy in the production systems, while strengthening practices already conducted by the Embraer Enterprise Excellence Program, the P3E." -Francisco Gomes Neto, CEO of Embraer Embraer has used the Lean philosophy as a business strategy to spread P3E principles, concepts, and practices since 2007. This program is in charge of leading transformations in an integrated manner, paving the way for the entire company to take significant steps toward improving its processes. This excellence system prioritizes safety first, quality always, and on-time delivery at the lowest possible cost. Embraer, a reference in the concept of Industry 4.0, has made enormous progress at the forefront of manufacturing technologies with digital, integrated, and low environmental impact factories, with continuous process improvement and technology adaptation for people and operations. The company's goal is to become carbon neutral by 2022 and to have 100 percent of energy in Brazilian operations come from renewable sources by 2024.

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MANUFACTURING TECHNOLOGY,DIGITAL TRANSFORMATION

NTT DATA and Cogniac Bring Artificial Intelligence to Manufacturing

NTT DATA | June 30, 2022

NTT DATA Italia, the Italian division of the IT services leader, announced a partnership with computer vision software leader Cogniac Corporation. Cogniac's visual data processing platform will enhance NTT DATA's smart factory capabilities in Italy. Italy is a world leader in many manufacturing sectors, including machine tools, fashion, food products, automobiles, and pharmaceuticals, and is the second largest manufacturing country in Europe. As businesses improve their product manufacturing and distribution processes with integrated technologies that enable them to leverage business and engineering intelligence and analytics, the industry is rapidly transitioning to Smart Industry 4.0. With NTT DATA at the forefront of this transformation, Cogniac and NTT DATA have formed a strategic partnership that leverages Cogniac's low-code/no-code technology to create advanced vision inspection applications for manufacturers across the globe. "An integral part of successfully deploying computer vision applications is the integration point that NTT DATA provides across the manufacturing sector. For NTT DATA customers, the combined value of NTT DATA and Cogniac can significantly improve and automate the quality control process," -said Chuck Myers, CEO of Cogniac. We are positive that it will help NTT DATA Italia achieve its goal of Smart Industry 4.0 by increasing efficiency and adding value. Cogniac's AI can identify any camera-captured production detail. Using Cogniac's intuitive interface, a business process expert can create computer vision applications to improve and automate manual processes. The platform marks a step toward industrial digitization and can be used in any industry. The manufacturing industry is ripe for AI advancement. Gennaro Masullo, manufacturing manager at NTT DATA Italia, is excited to work with Cogniac to bring AI to the manufacturing industry. NTT DATA has put its distribution network at the service of Cogniac to help it reach its full potential because we value dialogue with innovative technology partners.

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ADDITIVE MANUFACTURING

MacLean-Fogg Announces the Grand Opening of new Sterling Heights' Additive Manufacturing Operation

MacLean-Fogg Component Solutions | July 06, 2022

MacLean-Fogg Component Solutions of Mundelein, IL, announces the grand opening of the MacLean Additive facility in Sterling Heights, MI. This new facility will be focused on the production of 3D printed components and tooling, as well as the distribution of MacLean Additive's award winning "Formetrix L-40" steel powder for tooling applications. "With the addition last year of the Formetrix portfolio to our existing additive manufacturing activities, we quickly outgrew our initial MacLean Additive space in Macomb, MI. This facility gives us the room we need to develop our durable tooling product lines, support our ever-growing steel powder customer base, as well as continue our 3D printed production part activities." -Greg Rizzo, Vice President and General Manager for MacLean Additive. A Grand Opening ceremony will take place at 2 p.m. on July 6, 2022 at the MacLean Additive facility located at 7689 19 Mile Rd. Sterling Heights, MI 48314. Credentialed media is welcome to attend, however no photographs will be allowed inside the building. Among local dignitaries and invited guests, the ribbon on the new facility will be cut by MacLean-Fogg President and CEO, Duncan MacLean. Our Grand Opening guests will see that we have a lot of room to grow in this 35,000 square foot facility. We didn't choose this large a facility because it was the only one available, we choose this facility because we know we'll have the demand to fill it, stated MacLean. MacLean Fogg had a choice of where to locate this new additive manufacturing facility, and they chose Sterling Heights, said Sterling Heights Mayor Michael Taylor. Their decision to locate in our community underscores the solid reputation we have for welcoming our business community and really engaging with them to ensure their success. The Sterling Innovation District is strategically located at the heart of customer demand and access to the specialized engineering and technician talent needed to fill that demand. That makes it a perfect fit for cutting-edge manufacturing facilities like MacLean Additive. About MacLean-Fogg Component Solutions- MacLean-Fogg Component Solutions, a division of the MacLean-Fogg Company, is a leading supplier of fastener solutions, engineered solutions, plastic solutions and additive solutions for automotive, heavy vehicle, military and other industrial markets. Visit www.macleanfoggcs.com or contact mediarelations@macleanfogg.com to learn more. About MacLean-Fogg- MacLean-Fogg Company is a worldwide enterprise with 35 global manufacturing facilities, annual sales in excess of $1 billion (USD), and a workforce of 3,500 dedicated employees. MacLean-Fogg Company operates through two primary businesses, MacLean-Fogg Component Solutions (MFCS) and MacLean Power Systems (MPS).

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MANUFACTURING TECHNOLOGY,INDUSTRIAL 4.0

Embraer Signs an Agreement with Toyota to Increase the Efficiency of its Manufacturing System

Embraer | July 01, 2022

Embraer has signed a contract with Toyota do Brasil to incorporate Toyota Production System (TPS) principles and concepts into its manufacturing operations. The initiative aims to reduce waste, improve operational efficiency, and generate more value for stakeholders. During the first phase of this collaboration, a team of Toyota Brazil TPS specialists will immerse themselves in Embraer's daily operations to evaluate and suggest improvements for the company's main manufacturing area at the Ozires Silva Unit in So José dos Campos, So Paulo. "Bringing Toyota to execute this work reinforces Embraer's commitment to focus on business excellence and sustainable growth, It will be an excellent opportunity to exchange knowledge and accelerate the usage of the Lean philosophy in the production systems, while strengthening practices already conducted by the Embraer Enterprise Excellence Program, the P3E." -Francisco Gomes Neto, CEO of Embraer Embraer has used the Lean philosophy as a business strategy to spread P3E principles, concepts, and practices since 2007. This program is in charge of leading transformations in an integrated manner, paving the way for the entire company to take significant steps toward improving its processes. This excellence system prioritizes safety first, quality always, and on-time delivery at the lowest possible cost. Embraer, a reference in the concept of Industry 4.0, has made enormous progress at the forefront of manufacturing technologies with digital, integrated, and low environmental impact factories, with continuous process improvement and technology adaptation for people and operations. The company's goal is to become carbon neutral by 2022 and to have 100 percent of energy in Brazilian operations come from renewable sources by 2024.

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MANUFACTURING TECHNOLOGY,DIGITAL TRANSFORMATION

NTT DATA and Cogniac Bring Artificial Intelligence to Manufacturing

NTT DATA | June 30, 2022

NTT DATA Italia, the Italian division of the IT services leader, announced a partnership with computer vision software leader Cogniac Corporation. Cogniac's visual data processing platform will enhance NTT DATA's smart factory capabilities in Italy. Italy is a world leader in many manufacturing sectors, including machine tools, fashion, food products, automobiles, and pharmaceuticals, and is the second largest manufacturing country in Europe. As businesses improve their product manufacturing and distribution processes with integrated technologies that enable them to leverage business and engineering intelligence and analytics, the industry is rapidly transitioning to Smart Industry 4.0. With NTT DATA at the forefront of this transformation, Cogniac and NTT DATA have formed a strategic partnership that leverages Cogniac's low-code/no-code technology to create advanced vision inspection applications for manufacturers across the globe. "An integral part of successfully deploying computer vision applications is the integration point that NTT DATA provides across the manufacturing sector. For NTT DATA customers, the combined value of NTT DATA and Cogniac can significantly improve and automate the quality control process," -said Chuck Myers, CEO of Cogniac. We are positive that it will help NTT DATA Italia achieve its goal of Smart Industry 4.0 by increasing efficiency and adding value. Cogniac's AI can identify any camera-captured production detail. Using Cogniac's intuitive interface, a business process expert can create computer vision applications to improve and automate manual processes. The platform marks a step toward industrial digitization and can be used in any industry. The manufacturing industry is ripe for AI advancement. Gennaro Masullo, manufacturing manager at NTT DATA Italia, is excited to work with Cogniac to bring AI to the manufacturing industry. NTT DATA has put its distribution network at the service of Cogniac to help it reach its full potential because we value dialogue with innovative technology partners.

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ADDITIVE MANUFACTURING

MacLean-Fogg Announces the Grand Opening of new Sterling Heights' Additive Manufacturing Operation

MacLean-Fogg Component Solutions | July 06, 2022

MacLean-Fogg Component Solutions of Mundelein, IL, announces the grand opening of the MacLean Additive facility in Sterling Heights, MI. This new facility will be focused on the production of 3D printed components and tooling, as well as the distribution of MacLean Additive's award winning "Formetrix L-40" steel powder for tooling applications. "With the addition last year of the Formetrix portfolio to our existing additive manufacturing activities, we quickly outgrew our initial MacLean Additive space in Macomb, MI. This facility gives us the room we need to develop our durable tooling product lines, support our ever-growing steel powder customer base, as well as continue our 3D printed production part activities." -Greg Rizzo, Vice President and General Manager for MacLean Additive. A Grand Opening ceremony will take place at 2 p.m. on July 6, 2022 at the MacLean Additive facility located at 7689 19 Mile Rd. Sterling Heights, MI 48314. Credentialed media is welcome to attend, however no photographs will be allowed inside the building. Among local dignitaries and invited guests, the ribbon on the new facility will be cut by MacLean-Fogg President and CEO, Duncan MacLean. Our Grand Opening guests will see that we have a lot of room to grow in this 35,000 square foot facility. We didn't choose this large a facility because it was the only one available, we choose this facility because we know we'll have the demand to fill it, stated MacLean. MacLean Fogg had a choice of where to locate this new additive manufacturing facility, and they chose Sterling Heights, said Sterling Heights Mayor Michael Taylor. Their decision to locate in our community underscores the solid reputation we have for welcoming our business community and really engaging with them to ensure their success. The Sterling Innovation District is strategically located at the heart of customer demand and access to the specialized engineering and technician talent needed to fill that demand. That makes it a perfect fit for cutting-edge manufacturing facilities like MacLean Additive. About MacLean-Fogg Component Solutions- MacLean-Fogg Component Solutions, a division of the MacLean-Fogg Company, is a leading supplier of fastener solutions, engineered solutions, plastic solutions and additive solutions for automotive, heavy vehicle, military and other industrial markets. Visit www.macleanfoggcs.com or contact mediarelations@macleanfogg.com to learn more. About MacLean-Fogg- MacLean-Fogg Company is a worldwide enterprise with 35 global manufacturing facilities, annual sales in excess of $1 billion (USD), and a workforce of 3,500 dedicated employees. MacLean-Fogg Company operates through two primary businesses, MacLean-Fogg Component Solutions (MFCS) and MacLean Power Systems (MPS).

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