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5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Increase overall equipment effectiveness (OEE). Computer Vision.

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Data Quality is as Important as Data Quantity

Enterra Insights

”[4] The World Economic Forum has declared data a resource on the level of gold or oil. Wilfried Lemahieu, Seppe vanden Broucke, and Bart Baesens, academics from KU Leuven (Belgium), note, “Data quality is often defined as ‘fitness for use,’ which implies the relative nature of the concept.”[5]

Quality 100
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Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

” Tackling bottlenecks: Hacks, strategies, and advice To fix your manufacturing supply chain, you need the right systems, strategies, and resources in place. Accurate data is essential for making the right decisions around purchasing and resource planning. You have to be able to react to that.”

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP). Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. To gain organizational support to drive change, Nick ran two more simulations: one in Hong Kong and a grease plant in Belgium.