Manufacturing CFOs are under greater pressure than ever to balance technology investments and respond to trends such as unpredictable customer demands. Most of all, they have the hardest task: optimising costs. So, what can technology do to help them navigate these challenges? ➡ 𝐌𝐢𝐧𝐢𝐦𝐢𝐬𝐢𝐧𝐠 𝐞𝐧𝐞𝐫𝐠𝐲 𝐜𝐨𝐬𝐭𝐬 Smart manufacturing uses tools such as Industrial Internet of Things (IIoT) devices and analytics to monitor equipment 24/7, and make energy-saving decisions. ➡ 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧𝐬 Adopting tools such as supply chain management software, warehouse management systems, and AI/Ml can help track assets, identify bottlenecks, and improve collaboration with suppliers, transporters, and customers. ➡ 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐧𝐠 𝐡𝐚𝐳𝐚𝐫𝐝𝐨𝐮𝐬 𝐭𝐚𝐬𝐤𝐬 Task automation enhances quality management while reducing waste. AI/ML capabilities can take over some error-prone and hazardous tasks through tools such as predictive maintenance, collaborative robots and machine vision. ➡ 𝐇𝐚𝐫𝐧𝐞𝐬𝐬𝐢𝐧𝐠 𝐁𝐈 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 BI and analytics have the most impact on minimising inventory storage costs, quality/innovation and workforce optimisation to prevent over/under staffing. ➡ 𝐎𝐮𝐭𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠 𝐈𝐓 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 Outsourcing IT services allows companies to focus on core activities and solve talent shortages and skills gaps, offering a way to achieve goals without compromising quality. Want to optimise manufacturing costs? 👉 Let’s talk. https://bit.ly/4enytDf #manufacturing #softwaredevelopment #cfo #manufacturingcfo
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🚀 Transforming Manufacturing: How Data and Digitalization Are Redefining the Industry! 🚀 The manufacturing world is undergoing a digital revolution, and it's changing the game like never before! By integrating data and digital tools, companies are boosting efficiency and accuracy, ensuring top-notch quality control and seamless traceability. This digital transformation not only elevates customer satisfaction but also gives businesses a competitive edge. As digital manufacturing becomes the cornerstone of the industry, traditional methods are being left behind, making way for smarter, faster, and more innovative production processes. Is your company leading the digital charge? How has technology transformed your production lines? Share your thoughts in the comments! 💬 Join the conversation and spread the word about the future of manufacturing! 👉 Share this post! [#DigitalRevolution #SmartManufacturing]
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Predictive Maintenance Systems by Waltrump Technology: Overview: Waltrump Technology offers Predictive Maintenance Systems that leverage machine learning algorithms and data analytics to monitor equipment and predict when maintenance should be performed. Our systems analyze historical and real-time data from sensors and machines to identify patterns and anomalies that indicate potential failures. Benefits:Reduced Downtime: Our solutions enable manufacturers to schedule maintenance during non-production times, minimizing disruptions. Cost Savings: With our competitive pricing and expertise in domain-specific applications, we help you avoid costly emergency repairs and extend the lifespan of your equipment. Increased Efficiency: Regular maintenance ensures that machines operate at optimal performance levels, leading to increased productivity. Safety Improvement: Early detection of potential failures can prevent accidents and improve workplace safety. Transformation Impact: Implementing Waltrump Technology's Predictive Maintenance Systems can transform your manufacturing facility into a smart factory, where decision-making is data-driven, and operations are more efficient, safe, and cost-effective. Supply Chain Optimization by Waltrump Technology: Overview: Waltrump Technology provides AI-driven solutions for Supply Chain Optimization, analyzing vast amounts of data related to inventory levels, demand forecasts, production schedules, and logistics. Our goal is to improve the efficiency and resilience of your supply chain. Benefits:Inventory Management: Our AI algorithms predict demand more accurately, reducing the risk of overstocking or stockouts, and optimizing inventory levels. Logistics Planning: By analyzing transportation routes, delivery times, and costs, we identify the most efficient logistics strategies. Cost Reduction: Streamlining inventory and logistics processes with our solutions leads to significant cost savings in warehousing, transportation, and procurement. Improved Flexibility: Our supply chain optimization enables manufacturers to adapt quickly to changing market conditions and disruptions. Transformation Impact: By adopting Waltrump Technology's Supply Chain Optimization solutions, manufacturers can achieve a more agile, efficient, and cost-effective supply chain, enhancing their competitive edge in the market. By highlighting Waltrump Technology's role in providing these solutions at competitive prices and with domain expertise, you can effectively showcase your company's value proposition to potential clients. #WaltrumpTechnology #PredictiveMaintenance #SupplyChainOptimization #SmartManufacturing #Industry4_0 #AIinManufacturing #DigitalTransformation #ManufacturingInnovation #EfficientOperations #CostEffectiveSolutions
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🏭🔍 Data is the lifeblood of smarter factories, driving efficiency, productivity, and informed decision-making, but 70% of manufacturers still rely on manual spreadsheet processes! The latest Manufacturing in 2030 Survey by National Association of Manufacturers - NAM examines a variety of opportunities and challenges in the industry. https://bit.ly/46eCgPD #manufacturing #automation
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Can your business thrive without technology? The answer to this is a straight NO! It is needless to emphasize how manufacturing technologies, automation, and robotics have substantially changed how production processes operate since their introduction. No matter the size of your company, it is important to keep up with technological advances and adapt to them. Implementing new technology into a production facility is no easy feat, but it can make a real difference. How did it change my business game? ⤷ Efficiency and Productivity ⤷ Quality and Precision ⤷ Supply Chain Management ⤷ Workforce Impact Due to growing consumer demands, modern manufacturing processes require advanced planning and scheduling software. It has become a must for faster delivery, a wider range of products, and downward pressure on costs. As #automation technologies like robotics and smart sensors streamline workflows, decrease errors, and improve productivity. AI also allows real-time data analysis and predictive insights that ultimately drive industrial competitiveness and quality. As I have explored all corners of manufacturing in my 30 years of career, I have understood how important it is to stay relevant and adapt to modern technologies. A successful business, be it an SME or an IPO, only grows as its products revolutionize. And holding the hands of technology is the apt solution. #Manufacturing #TechnologyInOperations
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Live visibility of your manufacturing operations provides access to current information about the status of your critical resources and production activities. Increasing visibility can help you make better and faster decisions, essential for maintaining a competitive advantage in today fast changing environment. Greater visibility, shared knowledge and insight are the key to picking up on the early indicators of impending delays, problems or shortfalls, meaning you can take proactive, preventative measures rather than reactive actions. - Follow a controlled, standardised process. This means everyone will know what to do, when to do it and how. This supports better decision making and minimises the need for unnecessary checks. Any anomalies or errors will also be easier to spot. - Factor in predictable delays and risks to your production plans and schedules e.g. long material lead times or late deliveries from suppliers. - Maximise the interoperability capability of your digital technologies to connect departments and improve communication and create a 360-degree view of your manufacturing operations. Communication is essential for teamworking, co-ordination of resources and for managing customer expectations. - Use your data to identify useful metrics that can help you monitor processes and progress, then use the automation and AI capabilities to generate real-time event-based notifications, rules and analysis reports. With supporting data you’ll be in a better position to make tough decisions. Learn more about Data-Driven Manufacturing and the benefits of improving visibility of your manufacturing operations: https://lnkd.in/ep4tZEfK #ukmfg #manufacturing #smartfactory #data
Data Driven Manufacturing - Seiki Systems
seikisystems.co.uk
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🚀 𝗛𝗮𝘃𝗲 𝘆𝗼𝘂 𝗵𝗲𝗮𝗿𝗱 𝗼𝗳 𝗗𝗮𝘁𝗮 𝗗𝗿𝗶𝘃𝗲𝗻 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴? Today, many executives are spearheading a cultural shift in how data is shared, communicated and used across their organisations. So why should Manufacturing be the exception? 👉 This data-driven approach helps them achieve production excellence in fluid market conditions. However, it is not except of challenges in the way, such as Skills Gap & Quality and Reliability Concerns. 📈 When these challenges are addressed with careful planning, a data-driven manufacturing strategy enables to orchestrate enhanced end-to-end production , from design concept through production and product performance – and back again. If you are interested to find out more about this, don't hesitate to contact our experts: https://lnkd.in/eaQ6cUVr #KeyrusUK #IoTforManufacturing #DataInManufacturing
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Many executives are shifting how data is used—so why not in manufacturing? 👉 Data-driven strategies can boost production, despite challenges like skills gaps and quality issues. 📈 Tackle these to enable seamless end-to-end production. Learn more from our experts: https://lnkd.in/eaQ6cUVr
🚀 𝗛𝗮𝘃𝗲 𝘆𝗼𝘂 𝗵𝗲𝗮𝗿𝗱 𝗼𝗳 𝗗𝗮𝘁𝗮 𝗗𝗿𝗶𝘃𝗲𝗻 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴? Today, many executives are spearheading a cultural shift in how data is shared, communicated and used across their organisations. So why should Manufacturing be the exception? 👉 This data-driven approach helps them achieve production excellence in fluid market conditions. However, it is not except of challenges in the way, such as Skills Gap & Quality and Reliability Concerns. 📈 When these challenges are addressed with careful planning, a data-driven manufacturing strategy enables to orchestrate enhanced end-to-end production , from design concept through production and product performance – and back again. If you are interested to find out more about this, don't hesitate to contact our experts: https://lnkd.in/eaQ6cUVr #KeyrusUK #IoTforManufacturing #DataInManufacturing
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Supply Chain 4.0 refers to the digitization of the supply chain and its related processes, characterized by the integration of data, technology, and automation. This concept emerged as a response to the fourth industrial revolution, Industry 4.0, which is transforming manufacturing and logistics. Follow GaugeHow IndustryX.ai for more insights! 🌟 #digitalmanufacturing #engineering #smartfactory #industryx #smartmanufacturing #supplychain
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Ways Automation Can (And Will) Impact the Manufacturing Industry Neil Dsouza, CEO of Makersite, tells the Forbes Technology Council manufacturing's digital infrastructure of quickly evolving. A mix of shifting customer demands, regulations, and supply chain challenges is forcing manufacturers to become more agile in product development, sourcing, and reporting. "Integrating external data, connecting data silos and delivering automated decision workflows are top levers to accelerating development, reducing costs and mitigating business risk," he said. On quality assurance, Naresh Mehta, global chief technology and information officer at Tata Consultancy Services, said manufacturing industry is shifting from "the art of what's possible" to the "art of what's real." Mehta and Dsouza are among 17 CIOs, CTOs and technology executives who discussed how specific manufacturing tasks are, or soon will be, handled more efficiently and safety thanks to automation and tech. Read the rest of the responses here: https://lnkd.in/eubUDcpS #manufacturing #manufacturingindustry #aiinmanufacturing #digitalthread #plm #mes #digitaltransformation #industrialautomation #industry40 #smartmanufacturing #canvasenvision
Council Post: Ways Automation Can (And Will) Impact The Manufacturing Industry
forbes.com
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