How IoT Can Drive Productivity Revolutions In Manufacturing In 2019
IoT or the internet of things is changing the manufacturing industry. The transformation is not limited to broad policy or structural changes but down to the minutest processes in the manufacturing cycle. Many experts anticipate the internet of things to be an integral part of the complete manufacturing cycle for most products in the next three to five years.
IoT can drive productivity revolutions in manufacturing in 2019 and this not a prediction or speculation. There are enough case studies available already. Many manufacturers in the United States and a few other countries have already upgraded their factories and infrastructure to smart facilities.
One of the first advantages of integrating various systems with the internet is access to real time data. Gone are those days when one would have to wait for various reports generated over a month to be compiled for several hours and only then would those get assessed and reviewed by the management.
Most managements took longer than a day, in some cases a week, before drawing their conclusions and any policy changes or actions would have taken anywhere from a fortnight to over a month. Today, IoT is providing real time data and empowers the management to take prompt decisions. One does not even have to analyze the real time data.
There are tools for that purpose. The human intervention or managerial discretion is limited to considering the data and analysis to make an informed decision.
IoT Includes Almost Everything For Your Facility
IoT is an all-encompassing acronym. It includes nearly every device that can be hooked to the internet. The spectrum of such devices is expanding every day. An entire manufacturing facility and hence all the processes can have sensors strategically installed to study every specific component.
These sensors can assess the functioning of all parts and flag inefficiencies or problems. If anything is wrong with one or more components of the entire apparatus, the sensors can immediately detect that and alert the supervisor. There is no need to wonder what may have gone wrong with a unit. It is not necessary to run diagnostics or halt the entire operation for several hours to find one glitch.
The error is known, the solution is available, and it is only a matter of taking an action. Problems can be solved with unprecedented responsiveness and alacrity. This aspect of IoT will have an unimaginable effect on productivity in manufacturing with advanced JD Edwards systems and other processes.
The manufacturing industry has a massive cost of running the day-to-day operations. Massive equipment’s and lines with plenty of people working in shifts produce valuable goods that should meet the expected quality. If the operation is halted for a few minutes, the company must deal with a heavy financial blow.
If the operation is halted for a day or more, then the financial repercussion is staggering. While most manufacturers are aware of these possibilities and hence have a stringent maintenance schedule, they are also prepared for the adverse consequences and yet cannot always avert them. IoT can improve maintenance schedules.
A smart facility can either completely avert unexpected hiccups or reduce the downtimes to an extent that they do not have much of a financial ramification for the company. There is a direct correlation of downtime and productivity.
IoT Uses Big Data For Better Connections
IoT also makes sense of big data and it can be used for valuable transformations in most businesses. Most manufacturers have terabytes of data but not much of it is used in any way. Only the most crucial details are discussed, pondered over and acted upon. IoT can make light of the daunting task of working with big data and there are analytical insights that can help manufacturers transform their approach. Manufacturers can not only improve the productivity using the systems in place right now but also improve the apparatuses to attain the next level of efficiency.
IoT Is The Future Of Manufacturing
Smart manufacturing is the future. Automation is unavoidable. Intelligent systems are becoming more affordable and pertinent. Artificial intelligence will soon power various IoT systems and well beyond the technology niches that are now the only major industries making good use of A.I.
Steam and subsequently electricity ushered in productivity revolutions in the past. Assembly lines underwent many transformations in the last hundred years. It is now the turn of IoT to power the next productivity revolution in manufacturing in 2019.
Chris Giarratana is a digital marketing consultant who works with small business and nonprofits. He helps drive conversions and boost sales through SEO marketing, freelance copywriting, and PPC management.