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Manufacturing Technology Insights | Wednesday, February 23, 2022
Extensive facilities prioritize speed, and smaller factories producing products like specialty chemicals invest in technologies that aid improves product quality.
FREMONT, CA : Digitalization has advanced rapidly across various industrial sectors, leveraging a variety of existing and emerging digital technologies such as big data analytics (BDA), the internet of things (IoT), machine learning (ML), natural language processing (NLP), robotics, artificial intelligence (AI) and automation. While the chemical sector was somewhat reluctant to adopt these technologies, the rate of change has grown significantly in the last decade. The global spread of the COVID-19 pandemic has dramatically accelerated the industry's digital transformation, allowing organizations to manage remote and hybrid working habits, extended and sometimes broken supply chains, and changing end-user expectations.
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Sustainability through digitalization
The chemical industry's emphasis on sustainability will grow over time, and digitalization will play a key role. Its main applications will reduce resource use, pollution, energy consumption, and waste. Some of the systems that are now developed or being implemented in the sector include systems for sustainable power and fuel usage, dispatching systems for efficient logistics, and autonomous solutions that enable lower energy consumption. Digitalization with lean manufacturing (LM) will allow organizations to improve operational excellence and create value, contributing to the circular economy goal by promoting the re-utilization of resources and products along the supply chain.
Innovation is becoming digitalized
Previously, digital technology and system deployment at the lab was fragmented, focusing on specific procedures and projects. Lab automation must be more integrated than the previous standalone deployment for particular operations. AI-powered knowledge management solutions can help businesses improve the efficiency with which knowledge is captured and shared across teams and departments. Using quantum computers will aid in increasing the R&D pace and lowering expenses. Using co-creation platforms that allow chemical businesses to work directly with consumers and suppliers will further facilitate innovation by allowing the two parties to share and receive knowledge and experience.
Supply chain digital transformation
The worldwide chemical sector has been substantially disrupted by supply chain disruption over the last two years. Most businesses struggle with a lack of critical raw materials in various parts of the world; simplifying and optimizing the supply chain has never been more crucial for the sector. Companies are increasingly looking at solutions that help boost end-to-end visibility, particularly across modes of transportation, when evaluating investments in digital technology to satisfy these objectives.
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