Difference between Takt Time vs Cycle Time vs Lead Time
With IIoT, digital transformation, and the next industrial revolution underway, some resources make technology adoptions sound easy. Meanwhile, many are still confused about terms such as takt times, lead times, and cycle times. The following will explain the difference between these time metrics, the formulas behind them, how to calculate each, and how they can […]
What is cycle time? How to calculate and reduce cycle time
When it comes to production environments, it’s always a question of how much can be produced, how quickly, and at what cost. At the end of the day, how efficient are we? Cycle time is one of the best measures we can use to analyze the efficiency of a production process and allows managers to drill […]
Four benefits of PaaS for Manufacturers
In today’s global economy, modern manufacturing is highly competitive, with companies vying for market share and often operating on razor-thin margins. To maintain a competitive edge, companies continuously push for improvements in efficiency through process improvement and increased OEE. That search for solutions to drive these improvements has led many manufacturers to look to Platform […]
Two trends in sustainable manufacturing
Sustainable manufacturing remains one of the most critical and influential topics within the industry. Nowadays, more and more people, from business leaders to environmental activists, are discussing greener and more efficient approaches to protect our planet. Choosing an environmentally friendly manufacturing path not only benefits the Earth but also opens new opportunities for businesses, helping […]
How to identify and solve production issues with data analysis
Knowing how to solve production issues quickly and efficiently is a skill all manufacturing managers should possess. Though there are many strategies that exist to identify and fix problems, the starting point for eliminating the most severe shop floor issues is having an infrastructure in place to support the automated collection and standardization of production […]
The 6 core Technologies of Industry 4.0
Innovation, in manufacturing in particular, has exploded, thanks to Industry 4.0. The term was coined to reflect the trend towards the use of technology, automation, and data acquisition in manufacturing. Companies can now integrate their operations vertically and horizontally, leveraging previously untapped data analytics to get a handle on every aspect of their production cycle. […]
5 Lean techniques that will improve your manufacturing processes
Interested in lean techniques that can have a beneficial impact on your manufacturing processes? With a number of great lean strategies out there, how do you find the one that will have the most impact in your business? A good approach is to review the lean techniques that are currently proving themselves where it matters […]
A long-term strategy for manufacturers adopting industry 4.0
It’s not uncommon for a factory to operate several generations of the same type of production equipment within a single factory. Except for extremely large companies with very deep pockets, most companies can’t afford to retool very often and must add their equipment in segments based on a long-term capital plan and in accordance with […]
What is Takt Time? How to calculate and reduce this key metric
The Industrial Internet of Things (IIoT) is transforming how manufacturing companies measure and improve processes. By using a machine data platform, companies can rapidly realize fast ROI and unprecedented improvements in efficiency and productivity. But industrial IoT and machine data platforms alone aren’t magic wands that can be waved to create new value. While they […]
Lean manufacturing: The Principles, Wastes, Benefits, and Tools
What is Lean Manufacturing? Lean manufacturing is a philosophy founded on a strategic approach to continuous improvement and sustainability through the holistic elimination of waste and inefficiencies throughout an organization. Lean manufacturing is more than following a set of rules—rather, it is a philosophical approach that requires changing the pervasive mindset within an organization towards […]