Posts

How COVID-19 Is Impacting and Reshaping Manufacturing

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COVID 19 has bought the manufacturing activity to stand still and will leave a lasting impression in the manufacturing landscape. It has exposed the weaknesses in the global supply chain and thrown the questions around the same.  With reduced spendings and plummeting oil prices, how soon the manufacturing companies can bounce back depends on government spending and also how individual companies adapt to the challenges. Here is a quick overview of the impact and potential trends in manufacturing post the crisis.  Continue Reading....

Complete Guide to Calculating & Improving Overall Equipment Effectiveness (OEE)

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Measuring the output always matters and in  manufacturing , it is even more important. The industry involves a lot of different processes and measuring the effectiveness of the process is always a challenge. Success can not be measured based on the output alone in manufacturing industries, it has to be based on the rate of production achieved against expected (Planned Vs Actual).  In short, measuring all the components involved like machines, humans, and inventory in the shop floor matters. This is the reason why manufacturing companies have KPIs to track and measure manufacturing process effectiveness. Out of all KPIs, OEE is a good indicator on machine utilization & effectiveness.   Continue Reading...

Inventory Management for Enterprises – IoT Advantage & Benefits

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Inventories play a meaty role in the success of businesses and managing them poorly not only increases TCO but also impacts the overall  supply chain . However, maintaining accurate inventory levels is a prime challenge for most enterprises. Still, many companies are using manual inventory systems or partially automated systems that hurt their overall supply chain. According to  Statista , inventory management is considered to be the th.... Continue Reading..

An algorithm in time saves millions – IOT and Predictive

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Well, as you may have guessed, we have given a tech twist to the famous proverb – a stich in time saves nine. However, mind you this is no tongue in cheek statement; nor mere wordplay. Knowing what could go wrong in real time and acting on it before it even becomes a risk – especially in manufacturing, transport and process industries – has a huge impact on top line as well as bottom line. Thanks to Industrial IOT and Machine Learning, we are now entering into ‘Predictive Maintenance’ from Reactive Maintenance and Routine Maintenance. The technology side of IoT can be understood as ‘seamless, real time control through automation’ i.e., connecting a variety of sensors and using that network to run a factory on a day-to-day basis or get information. The business value is in taking that to create actionable insights. Predictive Maintenance for sure. It is a no brainer that Predictive Maintenance focuses on.... Continue Reading...

Your Ultimate Guide to Predictive Maintenance in Manufacturing

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A prime reason that contributes to no value but growing costs in Manufacturing is  machine downtime .  According to an  Aberdeen report , the average cost of unplanned equipment downtime is $260,000 per hour. Unplanned downtime plays a critical role in the production and profit of any manufacturing company.  Continue Reading...

7 Reasons Why Enterprises Choose Xamarin for Cross-Platform Development

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according to several reports, 80% of enterprises are focusing on developing applications supporting multiple platforms like iOS, Android, and Windows, because cross-platform apps are easy to use and cost-effective. Well, the next question you’d like to hit me with subsequently is why Xamarin for  hybrid app development? The sections below would help you understand why Xamarin is widely preferred by  enterprises for developing hybrid applications . Continue Reading...

Digital transformation – 5 Solutions Every Discrete Manufacturing Company Should Have

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The manufacturing industry is maturing fast as around 60% of companies have started to adopt  digital transformation solutions . Remaining companies have started to focus on digital solutions.  Before getting started with how the manufacturing industry is steering success with digital innovations, giving a basic understanding to its processes is recommended. The manufacturing processes differ between companies.  Let’s consider discrete manufacturing companies to understand automation plays a huge role in transforming the overall manufacturing productivity and RoI.  Let’s discuss how digital solutions are transforming man.... Continue Reading...