Cut-throat competition in fields of manufacturing has made the enterprises strive for efficiency and innovation. Data has the ability to provide a ton of important insights for any enterprise and they can perform much better if they base their operations on such accumulated data. Operational Technology and systems like IIOT SCADA have made it possible to transmit information directly from the assets and remotely control them according to the analysis of the acquired data.
IIoT or Industry 4.0 promises to change the way industries work and collaborate the information which will be acquired by different smart devices. The industry has already been able to explore the benefits of IoT as it has increased time and cost efficiency of production processes and thus the profitability of such industries. Manufacturers should know what benefits they can reap from this revolutionary technologies to get the first movers advantage by adopting IIoT.
Quality Control: The sensors in the products or the capital assets can estimate average life or performance of the products pretty easily. This data can be accumulated and compared with the industrial standards to know if there is any scope for improvement. These practices might also tell which particular part or process is not doing the job to the satisfaction level, thus effectively suggest the root cause of the problems.
Operations: To streamline the operations and increase the synergy among the different assets and departments, integrating all the systems and information is extremely important. For this multiple sensors ranging from heat to ultrasound are being used to transmit information. The machinery using SCADA and other systems can directly send the operational data to the cloud servers where such data from various sources are aggregated. Further, this data is processed and analysed to make meaningful decisions.
Predictive Maintenance: The assets and the products which are used or produced by the manufacturing concerns might be in need of regular maintenance and the enterprise can serve their customers better if they know in advance which parts need to be repaired in the upcoming maintenance schedules and arrange the supply accordingly. This not only increases the time efficiency but also promises to increase the customer satisfaction.
Productive Machine: The machines can be monitored by sensors and devices which can state if they are underperforming or being unnecessarily being kept idle. If any problems arise in the functioning of the machinery this data would be able to point out the reasons. Idle machines can be moved to their full potential by ensuring correct allocation of labour.
Supply Chain: Purchase and sales departments become the most imperative in effective operations of the machinery. If the agents or wholesalers of the products observe through data that the stock of the product would not be able to last according to the expected demand, they can send a purchase order. This not only saves the time, but also tells the manufacturer the correct estimate they should hang on with for their future demand, reducing speculative costs of production.
Inventory: Bar-code technology has helped the manufacturing industries to keep track of their inventory to the optimum levels. If the raw materials are not maintained, then the whole production process could be on a standstill. With the data given by sensors and its analysis, the recalls of the sold product and purchase orders can be given.
Thus, manufacturing in the future will become much more time and cost efficient, reducing the wastage and increasing the automation and collaboration of assets in the manufacturing industry.