Solutions
Manufacturing organizations and their effective functions primarily comprise the manufacturing generalist working alongside operational construction of the projects with efficient management. That’s why manufacturing consultants are needed to be brought in to both large and small organizations. So they can deal with specific projects and leave once the project is completed. Having worked for multiple businesses and manufacturing organizations into the retail and construction industry with its associative nature of handling the situation with preliminary ideas and required solutions for the problems, manufacturing consultants bring a wealth of knowledge and expertise,.
KEY CHALLENGES
Apart from all the managerial implications of the manufacturing solutions unit, the industry also faces emergent challenges with the industry because of the changing nature of the organizational dilemmatic problems as described below:
- Changing market demands
76% of manufacturers respond that they are not highly adapt at sensing market demand.82% of agree that the ability to shift resources and product mix between locations is critical to growth. Entering a new market was the top reason for choosing the manufacturing locations.
- Low operations visibility
40% of surveyed manufacturers have moved operations in 2013 and 50% Of manufacturers started new operations in 2013 with 29% of manufacturers believe that they have full visibility to their operations.
- Legacy equipment
3 out of 4 of companies have made manufacturing capital investments since 2011 whereas 60% of these investments are put towards equipment and existing infrastructure and 66% of these investments are put towards equipment and existing infrastructure.
- Skilled labor gap
80% of US manufacturing labor falls into the skilled labor category and 75% Of manufacturers report moderate-to-severe shortage of skilled resources with 11% of revenue lost can be contributed to 8-10% skilled labor gap in a company.
MOVING TOWARDS AN OUTCOME BASED AND “AUTONOMOUS-PULL ECONOMY”
ADVANTAGES OF SMART MANUFACTURING
- Global visibility
- Aggregate production KPIs across locations
- Aggregate top issues across locations
- Centralized work/service order dispatch
- Video surveillance of remote assets
- Maintenance optimization
- Condition based alerts
- Expand/contract maintenance plan based on usage
- Predict failures at the edge
- Asset tracking and utilization reporting
- Process self-optimization
- Execution process and incident management
- Automated dispatch (from machine to work order)
- Automated shut-down (machine to machine)
- Shop floor planning
- Wearable augmented operations
- Remote video collaboration
- Over-the-shoulder coaching
- Quality check (with wearable’s)
- Work procedure digitization
- Flexible production
- Production and demand forecast
- Virtual commissioning
- Inventory optimization
- Profit optimization across locations
