article thumbnail

Important Smart Factory KPIs

Gary Mintchell

Although the pandemic, looming recession, inflation, and global supply chain issues have been prevalent topics in the last year(s), manufacturers are determined to fast-track their digital transformation projects in the next three years. Most important supply chain KPI: Increase supply chain resiliency.

article thumbnail

Four Robotic Predictions for 2024: AI set to supercharge robotic automation

Gary Mintchell

Industrial Internet of Things (IIOT) companies highlight this progression, promising improved efficiency and reduced downtime through Overall Equipment Effectiveness (OEE) visualization and predictive maintenance.

Robotics 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

4 ways robotics, AI will transform industry in 2024

Robotics Business Review

Industrial Internet of Things (IIOT) companies highlight this progression, promising improved efficiency and reduced downtime through Overall Equipment Effectiveness (OEE) visualization and predictive maintenance.

Robotics 131
article thumbnail

Building a traceability 4.0 foundation for automation

Control Engineering

The ability to gather and record data on the whereabouts and timing of works-in-process undergoing a specific manufacturing operation or finished products making their way through the supply chain is essential for ensuring quality, identifying bottlenecks and minimizing product waste during recalls.

article thumbnail

Automate 2023 Day Three: Sensors gaining insights under the surface

Control Engineering

Information is a major asset for any company trying to maintain their supply chains and improve operations. With overall equipment effectiveness (OEE), most manufacturers are trying to keep costs down. She highlighted an infrared camera and an iPhone as two examples of cameras inspecting parts. “It

article thumbnail

Universal Robots Shares Four Predictions for 2024: AI Set to Supercharge Robotic Automation

Fabricating & Metal Work

Industrial Internet of Things (IIOT) companies highlight this progression, promising improved efficiency and reduced downtime through Overall Equipment Effectiveness (OEE) visualization and predictive maintenance.

article thumbnail

Learning from experience

i4.0 today

Describing it as a “ fantastic initiative” the judges further extolled the benefits of “ using the supply chain as a training resource. This value increases markedly within supply chains as knowledge moves up the scale.” These closer partnerships enabled bespoke training requirements to be addressed. Today Magazine.