processes to help manage and mitigate supply chain disruptions in the tough times and maximize business opportunities in the good., but it is much more than that.
This all starts in the design phase where organizations need this level of connection to monitor market trends and innovate to deliver on customer’s unique desires. Increasingly, organizations want to design smarter, Industry 4.0-enabled products and assets that have built-in sensors to capture real-time data once they are in use in a live environment.
Intelligence is often driven by device connectivity, the vertical integration of sensor / machine date into a horizontal business process. This IT/OT convergence allows to further automate manufacturing operations. Machine triggered demand signals are responded to by automatic guided vehicles to supply the right materials directly from the warehouse to each manufacturing station.
And as the degree of automation increases, so does the complexity of the decisions they need to make. If components are not available at the expected level of quality, for instance, the production sequence must be changed without impacting the most critical customer orders. The same is true for an unplanned machine breakdown. Your people will need the information to solve the problem.
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Source: Forbes - 🏆 394. / 53 Read more »