To succeed in the manufacturing sector, businesses are turning to more innovative operations that are resulting in higher productivity. To transform their warehouses and ensure quick delivery of products businesses are making use of the Internet of Things, thereby introducing a new terminology called smart manufacturing. Smart manufacturing is the process in which IoT technology […]
The shoe and textile industry still falls under the category of traditional industries. This is where shoe manufacturers from small to medium scale enterprises rely on legacy pen-paper-based logs to record data to manage their production. As a result, the production data is either not insightful enough or not real-time. Considering the global supply […]
Manufacturing Execution System (MES) or Manufacturing ERP systems has the fastest growing market in the Asia Pacific region with a predicted CAGR of 15.4%. The statistics entails that the MES is extensively being adopted by the manufacturing sector and is not limited to large enterprises only. Small and medium enterprises are equally showing interest […]
Production costs directly impact your profit in the business and if not monitored well, they can easily skyrocket. So, no wonder, if as a manufacturer you are concerned about controlling production costs. In recent times, Industrial iot has emerged as an innovative manufacturing solution to streamline the production line in many ways. One of the […]
Manual visual inspection in the manufacturing industry has been there for ages as trusted means to ensure that products meet pre-specified standards. Almost every standard factory either has its dedicated product quality control team or has a third-party inspection service provider for manual visual inspection. On the other hand, in recent times, digital quality inspection […]
Industry indicators and Key statistics: Manufacturing contributes significantly to India’s GDP, accounting for 17.4%. It has a potential to reach USD 1 Trillion. Indian Manufacturing singularly added to 19% of its Gross Value Add, however, the capacity Utilization stood at a dismal 66% in FY 21. Indian Manufacturing Scenarios: The Sector significantly contributed to the […]
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 […]
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 […]
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. […]
