How to Prepare for Supply Chain Automation & Stay Competitive
Market forces and technological advancements continue to accelerate the already unprecedented levels of information and product exchange around the world.
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Author: Eyelit Technologies
Multi-Stage Scheduling
In the automotive industry, the entire supply chain is driven by the assembly line sequence. Links within the chain are relied upon to produce and deliver parts on time to avoid shortages in subsequent links.
Industry 4.0 Implementation and Strategy
Today most production managers are participating in a race, whether they know it or not. It’s the race to adopt and implement new manufacturing systems and technologies.
The Digital Twin’s Role in the Production Environment
A digital twin is a digital representation of a real-world entity that contains both the structure and the dynamics of the real-world entity. It is connected to its real-world counterpart, so it continuously updates itself representing a near real-time status of its real counterpart.
Planning and Scheduling – A Key Enabler of Industry 4.0 Transformation
Industry 4.0 envisages a flexible network of connected Cyber Physical Systems (CPS), working autonomously and self-optimizing performance across the network.
Five must-have features for your next shop floor data collection system
Five must-have features for your next shop floor data collection system Investing in any new system for your business can have far-reaching consequences. Apart from the direct costs involved, you will be conscious of the time and resources required to implement the system and whether you will be able to realise the promised benefits for …
Revenue per full-time employee – why it’s a waste of your time…
Revenue per full-time employee – why it’s a waste of your time… The chances are that the way you measure the productivity of your workforce is to calculate revenue or profit per full-time equivalent, or FTE. The beauty of this ratio is its simplicity. You take the net revenue for a given period and divide …
Industry 4.0: don’t get left behind
Industry 4.0, smart manufacturing, big data, IoT, advanced manufacturing intelligence… you’ve heard all the buzzwords, but what do they really mean, and what’s their relevance to your manufacturing business?
How to turn small batch manufacturing from problem to opportunity
James Womack, author of the best-selling business classic text ‘Lean Thinking’, tells the story of how he challenged his children to an envelope-stuffing competition.
Why Are You Still Using Spreadsheets for Production Planning & Scheduling?
Are you still spending time on spreadsheets adjusting production plans and schedules? If so, you are not alone.
