- Time Stamped Notes:
- [00:00:08] The wide landscape of ERP systems used in manufacturing industry is undergoing major transformation.
- [00:08:17] The cloud technology evolution and industrial IoT integration forms a link between multiple systems and has become critical for the growth of manufacturers.
- [00:18:23] OptiProERP is continuously evolving to meet these requirements of manufacturing industry.
- [00:24:26] How well connected is your manufacturing industry?
- [00:26:31] Let’s examine some cutting-edge developments in connected manufacturing.
- [00:31:34] To know more on this read the blog!
Last weekend, I had a chance to sit down with Kelley Brown, who stepped into her father’s shoes way back in 1999, leading as the President of her firm.
It was a man’s world and manufacturing was pretty old-fashioned.
As a college drop-out Kelley was all set to follow her father’s footsteps by leading the manufacturing company, equally struggling to build her credibility with her team taking one step at a time.
Throughout our conversation Kelly took us through her journey of how as a manufacturing company they were struggling to propel the rapidly changing landscape to make their services relevant and more so indispensable.
Through grit and consistent team work, Kelley and her team overcame several entrepreneurial challenges by keeping updated with changing technologies to turn her business into a high-tech aerospace powerhouse from what was once her father’s little corner welding shop.
Benefited with her tech expertise we learnt about some cutting-edge developments in the area of connected manufacturing that I shall be sharing with you in this blog! Here are some key precepts of our conversation where Kelley Brown shared her insights to the questions I inquired about-
Me: What are the Digital transformation trends in connected manufacturing?
Kelley: Mixing of traditional manufacturing and industrial practices with changing technology is what would give you better insights about transforming technologies. Pay attention to the digital transformations driving our industry on a moment to moment basis. Just the way industrial revolution impacted manufacturing, the digital transformations world-wide is responsible for changing the industries. Now most manufacturers are using technologies that are moving mass production to customized production, and this too is happening at a rapid pace. It’s no secret that digitization holds great promise for manufacturers and can fundamentally transform every aspect of a manufacturing business.
We are seeing a complete revolution in the manufacturing factories especially in context to the IoT, cloud computing, advanced analytics and latest manufacturing trends. In fact, we have always tried exploring the possibility of How IoT Technology and ERP can Benefit Manufacturers?
Connected intelligent machines and IT systems provide continuous insights, enabling manufacturing leaders to make better informed decisions with objective, up-to-date market data; manage inventory in near-real time; and revise processes and drive new innovations to meet demand. Such hyper-connected networks of free-flowing data enable manufacturers to work with shorter lead times, forge a tighter link between supply and demand, develop new business models as market demand and opportunities arise, and accelerate new product introductions to market.
Your organization no longer must be large to take advantages of these smart tools. I often have used the term “Small-Factory” during discussions about technology advancement and their best practices. For e.g. An on-cloud ERP software is used by small, medium and even large sized manufacturing units and have been substantially benefited them.
Me: How do 2018-19 Factory Trends look like?
Kelley: Basically, the ‘Connected Businesses’ have come up with 4 major technology trends: these are primarily – Robotics, convergence of IT, rise of Artificial Intelligence, and additive manufacturing.
These technologies have aided the manufacturing companies to be responsive and highly efficient. Say for an instance, a new wave of factory automation is the upcoming trend driving collaboration with flexibility and responsiveness. Like in many manufacturing units, the real-time shop floor automation solutions making operations leaner.
Likewise, the AI technology has helped manufacturers predict demand patterns and respond far more accurately than human guess work.
Me: What are the drivers for connected manufacturing?
Kelley: Like I said, connected manufacturing link operational technology (OT) with information technology (IT). It ensures all your processes, products, plants and customers are well connected. This goes a step beyond application of digital technologies to a holistic process of production. We once imagined a digital factory, robot-driven production floor, whereas todays’ reality has brought to life, factory floors with the entire manufacturing ecosystem connecting employees, processes, machines, data, and customers, which is far beyond what was once envisioned.
No enterprise would want to lag behind. Everyone wants to take advantage of connectivity to drive efficiency and uncover new business possibilities. Right? So, drivers of connected manufacturing are broadly categorized as-
- Operational efficiency that ensures we gain on the mean time between failures and time to repair.
- Improvement in the supply chain to gain visibility and track assets and inventory faster.
- Enhancement of customer experience.
- New product and innovation development.
Me: Greater Visibility into Big Data is of great help! What’s your take on it?
Kelley: Absolutely! IoT is providing real-time insights to manufacturers. IoT has amazing capabilities to collect data from combined sources to make the big data usable. Thus, manufacturing business leaders are using data from hyper-connected networks to develop customized, meaningful products and services; factory workers are using continuous insights to predict and prevent machine failures and improve operational effectiveness; and customers are providing real-time usage data and experiential sentiment to inform how manufacturers innovate to support valuable experiences.
Me: ERP software systems are streamlining processes. Could you share some insights?
Kelley: Empowering the manufacturing leaders’ hinges on supporting real-time insights, and one-way ERP enables this is – improved visibility to support proactive response across the business; the ability to make targeted improvements to business processes to save time, money, and resources; and new business insights to spot trends and opportunities to advance the business. There are a few essential ERP Software Advantages Every Manufacturer Must Know, besides; questions such as What are Modern Manufacturers Looking for in 2018? are in quintessential to ask.
These are a few very commonly asked questions.
Through a robust technology platform, preconfigured solutions, and longstanding experience as both a service provider and solution provider, OptiProERP is empowering businesses to capitalize on the unprecedented opportunities of the future. And if you are deciding on giving your manufacturing business the benefits of cloud ERP, get in touch with our executives and learn more on how OptiProERP serves best for your manufacturing business. OptiProERP’s approach is grounded on using your existing infrastructure: Choosing OptiProERP also means setting yourself up to tap a broader portfolio of solutions that deliver further advantages.
The first step on your digital transformation journey can be your best step.