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 […]
How is Maintenance Practices Evolving with use of Iiot? [Preventive to Predictive To Prognostic]
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 […]