Smart manufacturing strategies are still nascent. To capture the benefits, manufacturing operations leaders can start with six key actions.
FREMONT, CA: Only a small number of businesses have successfully implemented smart manufacturing's promise. The pandemic is a catalyst for accelerating and reprioritizing smart manufacturing activities, so it's time they did. The cornerstone for dependable output from smart factories is smart manufacturing, which blends technology, data, procedures, and human interactions to disrupt and revolutionise production's position in a digital business. However, a thorough end-to-end approach is required, starting with knowledge collecting and strategy formulation and continuing through testing and piloting through implementation and finally a fully operational plan. Success necessitates an honest evaluation of both the advantages and difficulties. Despite widespread claims to the contrary, according to the Gartner Smart Manufacturing Strategy and Implementation Trends Survey, less than 50 per cent of manufacturing leaders have fully implemented or are currently executing an intelligent manufacturing strategy.86 per cent of respondents concur that their digital supply chain strategy must include smart manufacturing. A whopping 84 per cent concur that they anticipate smart manufacturing will boost business competitiveness. Corporate executives must be aware of the potential advantages and difficulties before developing successful smart manufacturing strategies. If they don't, they run the risk of celebrating tactical victories that limit their ability to compete elsewhere by adding costs and restrictions.
Agility, adaptability, and optimization are just a few of the benefits that industry leaders have already experienced or anticipate from smart manufacturing. Operational excellence, which offers dependable supplies from intelligent manufacturing, is the unifying denominator. Through cost and quality gains, operational excellence at certain locations is easily measurable. Use cases for real-time equipment or process monitoring that integrate workflow, data management, and enabling technology provide a significant return on investment (ROI). The initiatives to integrate the new capabilities that make factories smarter with achieving end-to-end supply chain advantage should, however, line up with such tactical benefits at locations. Extensive site-centricity might unintentionally lead to additional limitations and complexity elsewhere, undermining efforts to sustainably increase performance across the organisation. The supply chain may concentrate on its main objective—the efficient fulfilment of demand—by expanding the advantages of smart manufacturing beyond the boundaries of the factory. This emphasises how crucial it is to understand which advantages of smart manufacturing are desirable and feasible at each stage of the plan. Additionally, it makes organisations aware of their challenges.
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Here are some vital activities to take to put smart manufacturing strategies and roadmaps into practice and to establish reasonable expectations for finance and resources:
1. People come first. The way people perform their jobs should be improved and enhanced through smart manufacturing. The changes in organisational structure will integrate supply chain, engineering, and operational (OT) and information technology (IT) stakeholders. This convergence and alignment represent a paradigm change that frequently prioritises culture, governance, and decision-making over technology.
2. Prepare to integrate continuous innovation with continuous improvement. The goal of synchronising projects is to improve the fundamental operations of current processes with the capabilities of the future. This facilitates change management and prevents resource limitations.
3. Shift performance management from efficiency to speed. The core platform for smart manufacturing is enhancing operational excellence, not arriving at or reaching its final destination. By emphasizing speed, one can find chances for digitization and automation while also reducing order cycle times and raising service levels.
4. Expect to execute gradually. Each factory has a unique combination of machinery, systems, procedures, and labour force abilities. Even when scoped out in advance, managing the difficulties of reengineering processes and preventing hidden integration costs may prove more difficult than anticipated.
5. Having realistic expectations at each stage. It is crucial to understand which benefits to promote and which to downplay at certain times. The early benefits may be minimal, but as demand for new technology and improved working methods rises, the later benefits may be greatest.
6. Create a roadmap. The strategies and roadmap required to sustain ongoing involvement and consistent execution from factories up to leadership, sequencing initiatives, and managing the potential disruption can be determined by a specialised smart manufacturing organisation. Additionally, it ensures that budgets do not undervalue the costs of actions like process reengineering or integration.
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