Are we reaping the rewards of intelligent manufacturing?

Intelligent CIO | July 09, 2019

Are we reaping the rewards of intelligent manufacturing?
Dirty and dingy factories have been replaced by an increasingly digital manufacturing world. Terri Hiskey, Vice President of Product Marketing for Manufacturing at Epicor Software, tells us that ERP software combined with smart factory technology is the perfect pairing for progressive manufacturing. Look around and the manufacturing industry is brimming with examples of firms that are bringing the latest technological developments to their factory floors. Their goal? To improve processes, increase automation levels and facilitate future business growth. A case in point is the manufacturing giant Siemens, which has used automation to reduce the rollout time of new products by a third. Another example is global autoparts manufacturer Hirotec, which has used cloud-based analytics and the Internet of Things to reduce system inspection times by 100% – a move that has helped the company avoid a painful $361 per-second bill for downtime during manual inspections.

Spotlight

One of the foundations of lean manufacturing is to reduce waste. In the early days of the Toyota Production System, which is where lean manufacturing originated, Toyota engineer Taiichi Ohno developed a list of seven wastes.

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INDUSTRIAL 4.0

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Kearney | October 08, 2021

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MANUFACTURING TECHNOLOGY

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Spotlight

One of the foundations of lean manufacturing is to reduce waste. In the early days of the Toyota Production System, which is where lean manufacturing originated, Toyota engineer Taiichi Ohno developed a list of seven wastes.