Smart Factories and Their Benefits
manufacturingtechnologyinsights

Smart Factories and Their Benefits

By Manufacturing Technology Insights | Wednesday, October 23, 2019

Smart factories connect physical, data, and control systems that reduce the time lag in the production process. They join the gap between control systems and the on-premise implementation, consequently bringing together digital and physical systems.

FREMONT, CA: When one is asked to visualize a factory, they will image a vast space with machines humming and labor force working on getting the desired outcome. In the present day, factories are getting smart as they are fully integrated with collaborative manufacturing systems that can react in real-time to changing demands. They are equipped with intelligent tools like sensor technology and industrial weighing scales that are changing the manufacturing landscape.

Following are five key benefits of smart factories:

Asset Optimization

In an intelligent factory setting, one can optimize different assets and use them to their utmost potential. Organizations can spot the location and gauge the performance of the tools, people, and resources in real-time. The process, in the meantime, also allows making inventory changes whenever needed. It also means honing assets and tapping into the synergy of all the resources working in sync. As a result, a firm can gain essential advantages in both increased revenue and higher productivity.

Enhanced Efficiency

Smart factories connect physical, data, and control systems that reduce the time lag in the production process. They join the gap between control systems and the on-premise implementation, consequently bringing together digital and physical systems. The event results in increased competence and optimal consumption of all the resources within the industrial unit. Besides, the output of intelligent factories is considerably higher than in conventional ones, and they achieve it within the shortest time possible.

Predictive Maintenance

Most industry’s resources, like effort, money, and time are wasted when they follow reactive maintenance instead of preventive. The effect of reactive maintenance is reduced by proactively employing predictive maintenance. The latter warns employees when a machine’s performance is going down. Furthermore, the warning helps the workforce take measures to fix the problem before the equipment breaks. Therefore, downtime is cut, and losses avoided that take place due to machine malfunctioning.

Better Collaboration

By linking the supply chain with the production facility, organizations can create a dynamic workflow, which provides essential information to all team members. The connection promotes collaboration within the group, increases productivity, and facilitates smooth operations during the manufacturing process.

Improved Mobility

Smart factories allow staff and supervisors to move around the floor and access information from any system. The process increases their productivity and augments creativity. It provides opportunities for the team to design and execute new solutions and ideas. Below are a few critical instances of the impact that intelligent factories create.

Use real-time production and inventory information to plan and schedule in advance. The planning helps curtail waste and cycle time.

Additive manufacturing makes rapid prototypes and low-volume spare parts.

Autonomous and cognitive robots can efficiently execute all-natural processes with high accuracy and low costs.

Independent robots can carry out all warehouse operations.

Augmented reality can facilitate employees with pick-and-place tasks.

Sensors can track real-time location and movement of raw materials and finished goods.

Smart factories use analytics to perk up inventory management and signal when to stock up the warehouse.

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