The author of this content is a paid contributor for Verizon.
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7 factory efficiencies enabled by IoT
Internet of Things (IoT) technology is a key component of a connected factory. The right connectivity and IoT solution can help manufacturers leverage massive amounts of data to transform their operations.
That's Enterprise Intelligence!
of manufacturers say better operational efficiency is the top benefit of a smart factory.1
Here are 7 ways loT can improve factory efficiency in manufacturing.
1. Predictive maintenance
loT data allows manufacturers to shift from calendar- or milestone-driven maintenance to condition- or data-driven maintenance, reducing downtime and unexpected maintenance costs.
2. Resource optimization
Near real-time insights into production workflows and operations from IoT sensors can highlight ways to improve efficiency in manufacturing.
3. Workforce management, productivity and safety
loT technologies such as connected ID badges, proximity sensors and computer vision can enhance site security, help reduce workplace accidents, improve worker safety and notify management if workers are in the wrong location.
4. Digital twins
Building a digital twin of a production unit could enable teams to analyze different types of data sources, minimizing faulty units, reducing downtime and increasing factory efficiency.
5. Quality control
loT sensors can help reduce quality control issues by detecting anomalies in workflows, adjusting unwanted fluctuations in environmental conditions or monitoring post-production storage conditions.
Drones with sensors can quickly and autonomously conduct tasks like inventory tracking or transporting items inside the factory. This reduces time spent on these tasks while freeing your team to work on other higher-value projects.
7. Supply chain management
loT sensors can help improve your factory efficiency by giving you greater insight into near real-time customer demand signals and ending an overreliance on demand forecasting and out-of-dale historical trends.
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