Enhance shopfloor visibility
According to the studies conducted by IDC research, the revenue generated by improved operations aided by production monitoring system could touch close to $470 billion per annum by 2025.
Manufacturers always try to scout for innovative technologies to improve their production efficiency thereby allowing them to meet the ever so increasing challenges of customer expectations and the supply chain demands. Industrial leaders always try to put their foot ahead of their competitors and they always attempt to unravel new ways of improving their production and supply chain operations.
Digital revolution has made all of our lives easier in many ways and manufacturers are no exception. According to studies, more than 60% of the industries are already implementing some kind of digital transformation programs like enterprise asset management system or smart factory as pilot programs.
The advent of Industrial IOT
IOT powered production monitoring system is one such digital transformation initiative that helps manufacturers decrease their Go-To-Market time-span and increase their product quality and revenue output. This innovative manufacturing tracking system will increase the production efficiency by many folds. Ripples IOT can help in the production monitoring system
Ripples IOT provides innovative and cutting edge production monitoring solutions that can be integrated into a mesh networking system. This real-time production monitoring system will provide accurate indoor positioning system to monitor people and equipment flows at factories thereby giving valuable insights to help increase productivity.
Let us see how Ripples IOT can help in increasing your production efficiency
Better production planning
Trace-ability of inventory plays a big part in optimizing and planning your production process. If each department has the accurate information of the inventory levels and also the forecast info to anticipate shortages, manufacturing schedules can be well-charted accordingly. The inventory information from each department can be passed on real-time to our data visualization tool. The accurate information impact can easily lead to new sales and higher profits.
Monitoring production time
Proper utilization of your machines can allow you to meet your production deadlines easily. It is extremely important to track production time in each shop floor zones. The administrators have to get an account of where the delay is happening and by how much. These delays in the process can allow other production departments to manage their schedules in a better way. Comparisons of time spend in each zone over the week or month can also be done with the help of our visualization engine.
Reduce Inventory Theft and Leakages
By getting the accurate information of indoor positions of each asset, there is greater inventory visibility. Our inventory tracking system can account for any inconsistency in the stock levels and alert real-time. Each production zone has to keep their inventories in an account as any shortages can lead to production downtime or delay. With an accurate inventory management system, it is easy to trace the point where the inventory went missing or got stolen.
Apart from these four major features, there are plenty of other areas where an accurate production monitoring system can help manufacturing companies. IOT based predictive maintenance solutions can proactively forecast the impending maintenance issues in production equipment thereby saving a lot of time in the process. The supervisors can align the maintenance of production equipment in a better way. In many industries such as pharmaceutical manufacturing, accurate inventory visibility can help decrease non-compliance errors, completely eradicate litigation costs and meet regulatory filing dates. Such a process also ensures that your company’s reputation is well intact and keeps your customers happy and satisfied.
It is pretty safe to say that the manufacturing business is completely digitally driven. The data coming from the deployed wireless mesh sensors are an important asset as their physical equipment or machines. The real-time production monitoring systems can provide actionable intelligence which can eradicate production delays, job overruns, reduce defective output, enhance equipment life and moreover meet your customer’s needs and demands
Improve Overall Equipment Effectiveness (OEE)
Increasing machine and tool capacity utilization can allow manufacturers to increase their overall equipment effectiveness and thereby enhancing their plant productivity across various shop floor zones. Asset tracking solutions can accurately provide the inventory information of a produced component or the utilization hours of a machine/equipment. These data can be used by the management to improve equipment effectiveness and utilization capacity.
How we can help you
Contact us to know more about our successful Industrial IOT implementations and how we orchestrated complex deployments and helped big manufacturing companies increase their operational efficiency by many folds. You can also attend our IOT Workshops to know more about how this innovative technology can aid in the betterment of your company.