Executing agile component manufacturing
To stay ahead of Industry 4.0, component manufacturers must introduce innovative, specialized procedures that outperform their competitors.
- Disruptive business influences, such as market volatility and skills shortages, are complicating matters, as connected machines generate a plethora of data.
- Digital practices allow companies to reimagine business models using software and artificial intelligence (AI) solutions to efficiently solve everyday manufacturing challenges.
- A holistic digitalization approach can accelerate necessary change for component manufacturers, driving greater operating efficiency, velocity, and revenue outcomes.
- Key drivers include simulating factory and line environments before investing in expensive production machinery, operating an agile manufacturing execution system (MES) using planning dashboards and integrated quality management system (QMS) software, and optimizing production processes based on operational data.
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