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.
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Author: Eyelit 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.
6 Essential KPIs for Manufacturing Performance
Depending on the systems and processes you have in place on your factory floor, you may face one of two problems; either you don’t know which key performance indicators (KPIs) you should track to enable you to improve your factory performance, or you are unable to collect sufficient data to accurately measure the KPIs you want to track.
8 steps to improve plant performance
8 steps to improve plant performance According to the Office of National Statistics (ONS), UK workers produced less during 2014 than they did in 2007. The actual output per worker fell by 0.2 per cent. While this is a major concern for the government and the outlook for UK economic growth, this news is even …
