Nowadays our electricity bills, bank statements, and even government systems like Medicare are becoming paperless. It seems everyone is pushing for a paperless world, and the benefits extend far beyond the positive environmental impact, especially for industrial companies…
For more than thirty years, companies have widely adopted a Lean manufacturing mindset to continuously improve their operations. Now with the merger of digital and physical systems as part of the Industry 4.0 transition, businesses can use both ideas concepts to take operational excellence to a new level.
While some are still reading about the value of industry 4.0, other industrial operators are already taking advantage of new technologies that are reducing their risk of extended downtime through fast response, support and prevention.
It sounds like a sci-fi movie plot: your doppelgänger lives in another dimension and behaves exactly like you, but learns faster and can access more information. It’s the ‘test dummy’ that tries everything first, so you can make all the right decisions to lead a perfect life.
Whether your facility has annual shut down, or you continue production over the holiday season, now is as good a time as any to perform some essential facility maintenance on your control systems.
Industry continues to face increasing pressure in the management of capital assets: shrinking budgets, increased performance expectations, and evermore regulatory oversight.
In large scale operations or small workshop environments the right manufacturing maintenance KPIs can have enormous impact on operability and maintainability.
Manufacturers face a daunting task. They’re expected to achieve increasingly short production time frames, while still meeting quality, safety and compliance standards… It’s a big ask, to say the least.
Downtime costs the world’s top companies billions in revenue every year. One report goes so far as to say businesses lose $84,000 to $108,000 USD for every hour of IT system downtime. Manufacturing is no exception.