WHY of the advantages its provide than traditional

WHY SMART FACTORY IS NEEDED NOW?

We all know automation
has be around for so long but, why all of sudden, investors are interested in
smart factory. It’s because of the advantages its provide than traditional one

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•        
Provides competitive edge over competitors.

•        
Improves supply-chain network.

•        
Decentralization control of production

•        
Capacity to provide cutting edge product design.

•        
Integration of shop floor network to management.

 

Competitive
edge over competitors

 Smart factories has always been a dream for
many companies due to mass data storage, network bandwidth cost, computing
power, artificial intelligence, machine self awareness, etc. the wait is over
due to recent developments and reduction in prices. Its has become a reality
where companies has invested in smart factory and those who has made an
investment has a advantage over competitors in these areas which will
eventually improve company profit.

Improves
supply-chain network

Since globalization has
become a key factor for trading and purchasing of products, companies has found
a way to reduce the cost of products by shifting manufacturing plant into host
country/concern continent .These shifts are integrated with demand from the
local, international customers, low labour cost, resources  and supply chain . Due to these changes companies
has found a solutions to logistics, reactiveness and agile.

Capacity to
provide cutting edge product design.

Its goes by saying “no
two products are same”, this goes same for the customers who are interested in
one type of product while others are interested in another type of product. For
this very same reason there exists modular machines, these machines are popular
because they share same structure but with little tweaks new type of setup can
be produced  which will in turn help new
product (we don’t have to build machine from scratch ). In smart factory, machine
learning can decide which type of setup is needed for what type of product, so
the final product is build faster than the conventional method.

Integration of
shop floor network to management.

One of the tedious
jobs is integration of shop floor to management. This procedure is like a
lifeline of the whole factory. It provided a hustle free communication from
workers to the top management.  Factory is
not just made up of white collar employee but there also exists both skilled
and unskilled labours who keep production running. So this is vital
communication for smooth operation.

Benefits of
the smart factory

Smart factory program
should orient itself toward the company goals. It addresses wide range of categories
such as Energy efficiency, quality, material, labour and maintenance costs,
safety. These categories, among others, may increase benefits to the company such
as low product ordering times, increased market share, and better
profitability, product quality, and labour force stability. Regardless of whether,
it’s the ability to demonstrate how successful the smart factory is going to be
if investments are made and creating confidence in investors for future
investments.