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 […]
Why most Industrial IOT Implementations fail?
The IoT Revolution is picking up speed and as it does, it is changing the manufacturing world forever. The Industrial Internet of Things (IIoT) brings together machines, advanced analytics, and people . It’s the network connected assets and devices by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable […]
Why most Industrial IOT Implementations fail
The IoT Revolution is picking up speed and as it does, it is changing the manufacturing world forever. The Industrial Internet of Things (IIoT) brings together machines, advanced analytics, and people . It’s the network connected assets and devices by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable […]
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 […]
What is Scrap? How to reduce scrap in manufacturing
Of all the components comprising the cost structure of manufactured goods, material cost is one of the most expensive for almost any industry. Of course, without raw materials and components, there would be no production. But if too much material is rejected for off quality, it can significantly impact a company’s profit margins. Even tooling alone […]
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 […]