The advancement of technology such as the internet of things (IoT), machine learning and artificial intelligence with the addition of manufacturing demands had become the main catalysts of the evolution of the manufacturing world into industry 4.0. More and more manufacturing firms are started to embrace smart factory, a concept of industry 4.0 where everything is all about automation and self-optimisation. What are the advantages of smart factory in manufacturing?
High assets efficiency
With the integration of smart device in manufacturing process such as sensors, smart factory works based on data-driven insights. This enables detection of performance issues through continuous analysation of huge generation of data. The application of artificial intelligence techniques into the process such as predictive analysing and machine learning allow factories to take automated corrective measures thus increases the assets efficiency. High assets efficiency results in lesser downtime, optimised capacity and decrease in changeover time.
Lower production cost
Smart factory applies automation, systems integration and data management. These practices reduce cost by better utilisation of resources, faster manufacturing, reducing downtime and producing products with lesser quality issues.
The logistic system of smart factory are designed to suit various manufacturing environment and production setups. This ability to adapt in different operational tasks ensures maximum operation flexibility.
Higher quality products
Smart factory applies smart devices which offers real time controls. This enables the factory to obtain data at every stages in the manufacturing process thus allowing corrections and changes to be done to the parameters that can affect the production quality.
In conclusion, it is a smart choice for manufacturing firms to embrace smart factory as it hold various advantages that can help them to adapt the changing marketplace more effectively. If you have news should come across even world factory is in the accelerated smart factory adoption, which result in massive layoff for the manual labor that used to fuel world factory eocnomic, and turn to smart factory, for more complex and precision manufacturing and assembly that robotic automation have edge over human labor manpower. It is important to know where the world is transitioning over, whether or not you are in the manufacturing sector, it impact the whole world economy and distribution of the mean of production.
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