There is certainly no shortage of smart technologies in our lives. We have our smartphones, smart TVs, and smart watches. It seems to make sense that we also have “smart manufacturing.” Smart manufacturing, or SM, like everything else that’s smart, utilizes connectivity and real-time access to data to improve a process.
If you’re looking for a more in-depth definition, the Smart Manufacturing Leadership Coalition (SMLC) defines smart manufacturing as “the ability to solve existing and future problems via an open infrastructure that allows solutions to be implemented at the speed of business while creating advantaged value.”
Smart manufacturing has led to what’s being called the Fourth Industrial Revolution, or Industry 4.0, where manufacturers utilize cloud technology to store and access vast amounts of data that can be used in manufacturing applications within a factory or across an entire supply chain.
This is data that, in the past, manufacturers never had access to or weren’t able to properly analyze. Today, it allows manufacturers to see the whole picture and make better decisions. Here’s a look at some of the benefits of smart manufacturing:
Improved Productivity
Smart manufacturing processes provide greater access to data across an entire supply chain network. Real-time data outlines what the manufacturer needs and when, which makes things more efficient for suppliers that can easily make adjustments to orders. They supply what’s needed, not more or less, reducing waste and any downtime associated with missing parts.
Innovation and Higher Quality Products
When productivity is improved, it saves money, which can then be invested in product development. Once analyzed, smart manufacturing data shows where customer needs are and managers can find opportunities for new products or re-imagined products of a higher quality.
More Manufacturing Jobs
Adopting smart manufacturing is a way to attract the younger, tech-savvy workforce since more technology-based manufacturing jobs will become available. Utilizing smart manufacturing data and apps, employees can recognize new opportunities and increase productivity. According to California Manufacturing Technology Consulting®, smarter factories offer the opportunity to boost employment 2-4 times over the current national manufacturing workforce of 12 million.
Energy Efficiency
All manufacturers can reduce their carbon footprint by reducing waste, but energy intensive industries have the most to gain in terms of energy savings that will not only reduce energy waste but also make products more affordable because of it.
Manufacturers of all sizes must be working towards smart manufacturing initiatives to keep up and remain competitive. Embracing smart manufacturing starts with an organization’s leadership. The first step is to invest in equipment with a view towards how smart manufacturing apps will be integrated. Over time, these investments will improve the process, save money, and increase sales.
Source: http://www.cmtc.com/blog/topic/smart-manufacturing