
Apr 12, 2019
By Dan Jamieson, Manufacturing.net Sixty percent of global manufacturers will use analytic data recorded from embedded devices to optimize manufacturing and supply-chain operations by 2021, according to market intelligence firm IDC. That’s because small, inexpensive computing hardware (such as low-cost wireless radios and sensors) can wirelessly monitor and transmit data instantly on the state of any machine. In fact, with the perpetual mandate to cut costs, operate more efficiently, achieve greater visibility into processes and minimize supply-chain risk, all manufacturers should begin investing in IoT technologies—if they aren’t doing so already. IoT’s many benefits can transform your business and set you apart from your competitors. There are risks, to be sure, but they can be mitigated so long as the project is carefully and deliberately managed. Fortunately, that’s what competitive manufacturers are already good at. First, let’s take a look at the value the IoT can bring to your manufacturing floor, where seamless operations depend on reliably functioning machinery. Increase Visibility and Simplify Operations Smart industrial appliances can help increase visibility and simplify business operations: Increase visibility — With smart sensors, businesses can monitor important assets at every stage of the supply chain and report this information to a centralized database. Simplify operations — Businesses can use smart sensors to locate and assess inventory levels. Predictive Maintenance Capabilities Can Mitigate Disruptions Furthermore, manufacturers can eliminate error-prone service inspections with IoT technology. For example, smart sensors can anticipate problems before they become larger issues by relaying real-time analytics on a machine’s performance. Data collected from a machine, such as current or vibration, combined with real-time alerts allows manufacturers to engage in predictive maintenance, minimizing disruptions and work stoppages, which in turn increases asset utilization and mitigates the risk of missed deadlines, increases in production costs and reputational damage. In this scenario, best practices call for integrating a wireless connectivity module (Cellular or Wi-Fi-enabled, aka a smart sensor) that can communicate the status of the machine and its parts to humans on a cloud-based interface. These connectivity modules can also send and receive over-the-air (OTA) software updates even after the device has been deployed. A use case such as the one described above can yield the following benefits: Enhanced...