Time-based equipment maintenance has been a general practice in the manufacturing industry. The machinery age was the primary factor to determine the need for equipment maintenance. However, worldwide, only 18% of machinery was found to fail due to its age and the rest because of other reasons. It clearly indicates that manufacturers must shift their focus […]
How Can COPQ (Cost of Poor Quality) Be Reduced In Manufacturing Companies By Digital Intervention?
Every organization is constantly under pressure to curb their COPQ (Cost of Poor Quality) while enhancing their revenues. Especially for manufacturing companies that often face loss due to defective products, thus reducing COPQ becomes a necessity. COPQ is a metric that quantifies the financial impact of poor quality in manufacturing processes. MES, or Manufacturing Execution […]
Rise of Smart Factory in today’s Digital World – What Impact & Benefits it brings for Manufacturing Industries?
Digital automation is re-shaping every industry and it is prevalent more than ever in the manufacturing industry in today’s times. Smart factory or Industry 4.0 is an aspect that brings the integration of cutting-edge technologies within a factory setting, creating intelligent factory automation that enables work-flow much cleverer, faster and efficient than traditional work process. […]
Ground-Breaking Benefits Of AI And ML In Manufacturing Industry
The manufacturing industry is probably one of the most hard-hit industries during the pandemic. Now, when they are in the process of reviving their business quickly, they need solutions like AI (Artificial Intelligence) and ML (Machine Learning) to bring down labour costs, minimize downtime, boost workforce productivity, and increase overall production speed. The global manufacturing […]
Key Metrices to Improve Shop Floor Performance
Manufacturers often struggle to identify the right set of metrices to determine the health of their
Setup Intelligent Monitoring System in your Factory with just your CCTV System
Running a factory is a very complex process. The process requires continuous monitoring of machines
New Technologies that SMEs could embrace to be called a SMART Factory
Manufacturing SMEs in India are faced with a choice to either
LEAN Manufacturing – Key Challenges for SMEs
The SMEs after having tasted robust growth rates, are today challenged on may counts. Emergence of China as a hub of global manufacturing, sudden shift in technologies like in Power Generation (focus on renewables from Fossil fuels) and an overall dip in global demand have had a cascading negative impact on SMEs…
Small and Medium Enterprises (SME) in India: A Perspective over Time
The ‘big-boys’ of Indian manufacturing have been the auto majors, large engineering companies, steel, cement manufacturers, FMCG & FMCD giants, however the contributions from the SMEs cannot be ignored…