article thumbnail

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

article thumbnail

Industry 4.0 and How Data is Changing Manufacturing!

Supply Chain Game Changer

Industry 4.0 , sometimes also called the fourth industrial revolution , is a trend of data exchange and automation in changing manufacturing and manufacturing technologies. This data exchange and automation is meant to make factories and plants smarter. is data that ties everything together.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Value of a Manufacturing Control Tower in Industrial Equipment Manufacturing

DELMIA Quintiq

The widespread supply chain disruptions that happened when the global pandemic hit in 2020 highlighted several important lessons regarding manufacturing and supply chain visibility. The MCT provides centralized data management capabilities with near-real-time visibility in a unified view of the current conditions in factories and operations.

article thumbnail

What Industry Leaders Have to Say About Virtual Twins in Manufacturing

DELMIA Quintiq

The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.

Modeling 404
article thumbnail

How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

article thumbnail

How business intelligence can enable you to be a data-driven manufacturer

SYSPRO Smarter ERP

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This enables managers to take swift action and keep production on track.

article thumbnail

Can Your Current Manufacturing Strategies Ensure Future-Proof Operations?

DELMIA Quintiq

Manufacturers across industries are facing overwhelming volatility due to the coronavirus pandemic, the effects of which are still impacting the global market and supply chains, regulations, customer expectations and more. So, how can manufacturers begin to future-proof their operations? Manufacturing a resilient future.

article thumbnail

How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?

article thumbnail

Gartner Report: Everything You Need to Know About Supply Chain Control Towers

This Gartner report, provided complimentary of TadaNow, provides answers to questions that Supply Chain leaders in Manufacturing companies have –– from definitions and scope to framework, how to leverage it all, and best practices. Create –– What are the steps manufacturing organizations need to build a control tower? Technology.

article thumbnail

Real-Time Trackers: A Welcome Labor Solution for Logistics

According to Deloitte and The Manufacturing Institute, the labor shortage will cost the U.S. Why streamlining data simplifies the logistics role. The difference between real-time data tracking vs. passive data logging, and why the former is key to efficient operations. as much as $1 trillion, and 2.1

article thumbnail

How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Inconsistent data on safety stock levels.

article thumbnail

Your Triple-Threat Solution for Resilient Planning and Execution

Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker

Join our webinar to explore how additive manufacturing bridges the planning-execution gap, providing a cost-effective and resilience-enhancing approach for supply chain optimization. But what happens when compromise causes one of the many balls we juggle to drop?

article thumbnail

The State of Data and Insights in Healthcare Logistics

Medical and pharmaceutical manufacturers have faced increasing logistical challenges over the past two years. Amid significant regulatory and compliance changes around the world, they've had to contend with massive supply chain disruptions caused by the pandemic. Increasing demand for specific products is also causing supply chain shortages.

article thumbnail

Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.

article thumbnail

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

More Efficient Manufacturing as well as ability to fill the skills gap & make more strategic employees. Using Automation Driven Data for Improved Actionable Insights. We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. We look forward to having you at this webinar!