K
Kathleen Martin
Guest
Industries that rely on equipment for their work such as manufacturing are shifting towards the use of IoT. Internet of Things controls or senses objects remotely across existing network infrastructure, creating opportunities for more direct consolidation of the physical world into computer-based systems.
This results in improved efficiency, precision, and economic benefit with reduced human intervention. For any manufacturing industry, this transformation is important. This helps in improving performance, boosting productivity, and increasing profitability while eliminating unnecessary costs and waste during production.
In fact, IoT is part of the fourth industrial revolution. And this is a big factor. All sorts of benefits can be extracted by manufacturing hubs with the use of IoT. Some of them include-
Energy Savings
Any form of manufacturing uses a large number of resources and energy. It is probably one of the biggest costs involved in the production process apart from the raw materials. The use of IoT results in reduced energy consumption as the systems can proactively manage the work cycles. This can lead to a reduction in costs that can actually be noticed.
It can help to pinpoint the process where the energy leaks happen in the process chain. Every piece of machinery can be tracked and located to manage power consumption in real-time.
Predictive and Preventive Maintenance
Using the Internet of Things approach, monitoring every aspect of a manufacturing operation becomes easier, and leads to greater productivity and safety.
This helps in predicting the problems in advance thus ensuring the supervisors know what their next step would be. It is possible for manufacturers to shift focus from preventive to predictive maintenance. It can also aid in preventive maintenance by conducting automated tests.
When the data of a machine is available at the right moment and place, preventing production delay costs becomes easy. This is one of the many goals of IoT for manufacturing.
Continue reading: https://techbullion.com/the-massive-potential-of-iot-in-manufacturing/
This results in improved efficiency, precision, and economic benefit with reduced human intervention. For any manufacturing industry, this transformation is important. This helps in improving performance, boosting productivity, and increasing profitability while eliminating unnecessary costs and waste during production.
In fact, IoT is part of the fourth industrial revolution. And this is a big factor. All sorts of benefits can be extracted by manufacturing hubs with the use of IoT. Some of them include-
- Digital/connected factory
- Facility management
- Production flow monitoring
- Inventory management
- Plant Safety and Security
- Quality control
- Packaging Optimization
- Logistics and Supply Chain Optimization
Energy Savings
Any form of manufacturing uses a large number of resources and energy. It is probably one of the biggest costs involved in the production process apart from the raw materials. The use of IoT results in reduced energy consumption as the systems can proactively manage the work cycles. This can lead to a reduction in costs that can actually be noticed.
It can help to pinpoint the process where the energy leaks happen in the process chain. Every piece of machinery can be tracked and located to manage power consumption in real-time.
Predictive and Preventive Maintenance
Using the Internet of Things approach, monitoring every aspect of a manufacturing operation becomes easier, and leads to greater productivity and safety.
This helps in predicting the problems in advance thus ensuring the supervisors know what their next step would be. It is possible for manufacturers to shift focus from preventive to predictive maintenance. It can also aid in preventive maintenance by conducting automated tests.
When the data of a machine is available at the right moment and place, preventing production delay costs becomes easy. This is one of the many goals of IoT for manufacturing.
Continue reading: https://techbullion.com/the-massive-potential-of-iot-in-manufacturing/
