_______________________________________________________________________________________ Smart Manufacturing
Future confidence
Prashanth Mysore discusses smart manufacturing
Smart manufacturing can be defined as combining innovative technology and people to improve decision making, which results in an increase in manufacturing output, efficiency and quality. One of the primary goals of smart manufacturing is to support larger business strategies in the manufacturing sector, such as mass customization and on-shoring / near shoring, which can be used to secure market share.
Smart manufacturing has a whole host of use cases, with some of the most common being:
■ Giving manufacturers access to data-driven decision-making, where insights from machines, sensors, and systems are used to continuously improve processes
■ Providing interconnected visibility across operations, with systems communicating and optimizing across departments and job function within the factory and extended supply chain
■ Using AI and predictive capabilities, to detect possible disruptions, such as anticipating equipment failures to reduce downtime or waste
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