As with other industries, the manufacturing industry continues to evolve in a dramatic way and at a dramatic pace. Rapid technology and automation solution advancements are responsible for the rise of modern manufacturing--“smart factories” driven by intelligent machines and software. These innovative factories allow manufacturers around the globe to produce more inventory, at higher quality, in less time and at a lower cost.
Based on data and experience, here is what we believe modern manufacturing and the factory of the future will look like:
The most vital resource for modern manufacturing operations will be data
The factory of the future will seriously depend on intelligence, both in terms of physical technology and the software that drives it. Machine learning will become a crucial factor of future manufacturing efforts, as data becomes the fundamental driver for many aspects of operations. Invaluable insights that manufacturers can leverage to evaluate product designs, improve processes, predict demand and drive operational and financial gains will be gleaned from machine learning and data
The Industrial Internet of Things will be a critical part of modern manufacturing
The Industrial Internet of Things, or IIoT, utilizes intelligent robotics to better production and lessen human interaction in the manufacturing process. The IIoT will facilitate efficiency across all aspects of manufacturing operations by connecting devices and integrating intelligence gathering where it previously wasn’t possible. Smart manufacturing machines will empower manufacturers to automate processes and generate actionable insights based on real-time operations once they start communicating with and learning from each other.
Mobile and adaptable facilities will become standard
To meet shifting demand, the factory of the future will be highly flexible and scalable. The factory of the future will focus on diverse capabilities and innovative construction rather than being confined to a single dedicated production line or physical location. Speed, responsiveness and a honed, more integrated supply chain will become the main drivers during facilities and operations planning, with data being the driving force of the decision-making process.
The factory of the future is right around the corner
When we talk about the future of manufacturing, we aren’t talking about right now. According to CapGemini, 76 percent of manufacturers have either already implemented a smart factory initiative or are in the planning stage.
Many manufacturers are already using analytics to improve customer satisfaction, revamp processes and redesign or customize their products. Other manufacturers have made considerable investments towards modern manufacturing with robotics and manufacturing automation solutions to enhance workflows and operational efficiency.
Manufacturers that early on adopted manufacturing initiatives have already reported increased efficiency, fewer product defects and significant gains in customer satisfaction. Those who haven’t may find themselves playing catchup as the pace of evolution accelerates.
HSO can help move your manufacturing operations into the future
While physical technology like robotics will be a big piece of the factory of the future, the software connecting the technology will be just as crucial. HSO can help you develop and implement a digital transformation plan to
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