Today’s manufacturers face many business challenges, including ongoing loadshedding, soaring raw material prices, complex process management, and a weak economy.
Instead, a MOM system is a distinct but connected entity, and is most effective when integrated with a manufacturer’s ERP system, as this provides the company with holistic, consolidated records of all business transactions.To gain a competitive advantage, manufacturers must be agile enough to respond to market demands at all production levels without increasing costs or waste, or sacrificing efficiency.
Without this information, manufacturers risk production being delayed or halted for reasons ranging from inadequate inventory to quality issues. Unnecessary wastage also becomes a major concern. MOM systems drive this by radically improving production schedules, assisting with planned downtime for scheduled maintenance, and providing a real-time view of job statuses in the production cycle.
MOM systems also support the integration of advanced technologies, including IoT, AI, and data analytics.
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Source: ITWeb - 🏆 45. / 51 Read more »