Complete Guide to Calculating & Improving Overall Equipment Effectiveness (OEE)
Anand Kannan Measuring the output always matters and in manufacturing, it is even more important. The industry involves a lot of different processes and measuring the effectiveness of the process is always a challenge. Success can not be measured based on the output alone in manufacturing industries, …
Digital Transformation Success: Why Measuring Key KPIs Matter
According to a Forbes report, executives say the top benefits of digital transformation are improved operational efficiency (40%), faster time to market (36%) and the ability to meet customer expectations (35%). As all these factors contribute to better RoI, executives focus on investing in digital …
Inventory Management for Enterprises – IoT Advantage & Benefits
Inventories play a meaty role in the success of businesses and managing them poorly not only increases TCO but also impacts the overall supply chain. However, maintaining accurate inventory levels is a prime challenge for most enterprises. Still, many companies are using manual inventory systems …
Your Ultimate Guide to Predictive Maintenance in Manufacturing
A prime reason that contributes to no value but growing costs in Manufacturing is machine downtime. According to an Aberdeen report, the average cost of unplanned equipment downtime is $260,000 per hour. Unplanned downtime plays a critical role in the production and profit of any …
Digital transformation – 5 Solutions Every Discrete Manufacturing Company Should Have
The manufacturing industry is maturing fast as around 60% of companies have started to adopt digital transformation solutions. Remaining companies have started to focus on digital solutions. Before getting started with how the manufacturing industry is steering success with digital innovations, giving a basic understanding …
Digital Transformation: CEO’s Perspectives for Business Transformation Success
Digital transformation is one of the most echoed terms in the business landscape today. A major roadblock most companies face when it comes to digital transformation success is the leadership buy-in and this boils down to understanding what exactly a CEO of or top C-level …
Web App Development for Enterprises – Benefits and Trends for 2020
Web application development is growing popular across enterprises. Many companies have started to include web applications as part of their enterprise strategy to improve business RoI. The best part of web application is enterprises can deliver amazing user experience across any devices as the software …
Smart Manufacturing: 6 Ways Industry 4.0 Solutions Are Transforming Shop Floor
According to MarketsandMarkets, Internet of Things (IoT) in the industrial sector, has given rise to a new concept known as the Industrial Internet of Things (IIoT), also known as Industrial Internet or Industry 4.0. The manufacturing industry is looking for solutions that deliver necessary intelligence …
Digital Manufacturing: Top 7 Challenges CIOs Face in 2020
According to industry leaders, manufacturing companies will see CIOs leading the digital transformation efforts from the front. With said that, I would jot down 7 challenges that await IT in 2020 when it comes to planning & implementing digital transformation initiatives at their Manufacturing companies. …
Customer Experience Trends in 2020 – 5 Top Blogs from Industry Experts
Today’s customers have everything in their hands, thanks to digital innovations, contributing to non-linear buying patterns – making it difficult for enterprises. Identifying customer trends and improving customer engagement has been an ever-growing challenge for many companies. This is the reason why customer experience tops …
