Modern advances in technology are enabling factory operators to streamline production processes, innovate at a faster pace than ever before, and deliver higher quality products to meet changing demands.
The Industrial Internet of Things (IIoT) is one area that is having a tremendous impact on manufacturers. With IoT technology, devices and machinery can “talk” to each other in real time. For example, if a problem arises with a piece of equipment, other devices on the network are informed so that any necessary adjustments can be made immediately. Unplanned downtime and reactive maintenance are productivity destroyers for your facility, yet almost all maintenance is, by necessity, reactive. Predictive maintenance practices, however, can change that situation, making it even easier for you to be proactive and to make more informed decisions about what inventory to keep on hand. Data sensors and monitors can help you understand which equipment is more likely to need maintenance or replacement parts in the nearer future, making ordering decisions less of a guessing game and more of a data-backed methodology.
The accompanying resource describes some of the innovative ways that the manufacturing industry is relying on these advances.