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IOT Asset Monitoring - Inteliiot

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How Manufacturing Visibility Can Empower Your Supply Chain The ability of the industrial internet of things (IIoT) to continuously optimize and improve processes will become more and more important in the factory and supply chain environments. – PowerPoint PPT presentation

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Title: IOT Asset Monitoring - Inteliiot


1
How Manufacturing Visibility Can Empower Your
Supply Chain Inteliiot
2
The ability of the industrial internet of things
(IIoT) to continuously optimize and improve
processes will become more and more important in
the factory and supply chain environments. Adopti
ng new technology can offer useful information
and insights that can be used to seamlessly
connect demand with the manufacturing process,
increasing visibility for stakeholders. Different
businesses would probably have different
visibility requirements. All businesses, however,
must first decide their goals and level of
commitment to facilitating information exchanges
with key stakeholders. These two elements
increase the scope of visibility, which directly
affects their advantages. What is manufacturing
visibility? Manufacturing visibility is the
ability to view important information anywhere in
a facility or supply chain. Businesses with high
levels of supply chain visibility gain knowledge
about how their supply chains operate on a daily
basis, including information about efficient
production, quality assurance (QA) and adherence,
product flaws and supplier dependability, raw
material sources, and the health and safety
requirements for factory workers.
3
The complexity of manufacturing necessitates
control, real-time visibility, and in-depth
analysis of particular areas of your business to
increase productivity. Manufacturers are using
visibility to comply with laws pertaining to
commercial operations, environmental
requirements, serialization, and various
track-and-trace legislation. All manufacturing
companies can reduce the risks of defective
products, process errors, and other issues by
using supply chain visibility to reevaluate areas
of inefficiency and disruption. Businesses can
increase performance and growth while reducing
costs by gaining greater supply chain
visibility. Manufacturing companies can plan
their production more precisely and provide
better-quality products thanks to data
visibility. Additionally, there are fewer
disruptions and outages in the supply
chain. Data can also be used by businesses to
analyze the habits of loyal customers and
determine the quantity and kind of products that
are most likely to be in high demand. The
companys data must be kept in the cloud as part
of the data repository so that authorized users
can easily access it from any internet-connected
device. It reduces costs while improving data
management and security.
4
Benefits of improved manufacturing visibility 1.
Increased production load utilization By
utilizing real-time manufacturing visibility,
producers can more effectively address issues,
improve workflows, and release latent capacity
without spending a fortune on overtime or
outsourcing. Organizations can increase capacity
while lowering maintenance costs, improving
quality controls, and limiting the use of Capex
to situations where the current capacity is fully
utilized. 2. Quick response to roadblocks By
having real-time visibility into production
status and performance metrics, factories can
identify bottlenecks early for quicker corrective
action. They can also get rid of the bottlenecks
that are always moving, decrease maintenance
downtimes, predict lead times, reduce inventory
holding costs, and implement actionable insights
more quickly by utilizing powerful AI-driven
technology. 3. Traceability of
parts Traceability is used in parts management to
control and operate frequently used tools and
components. Each tool or component has an
identification code or serial number, as well as
usage and wear restrictions, plant names, shelf
numbers, and serial numbers.
5
The availability of production, delivery, and
quality data makes simple traceability of parts
possible. To Conclude If you want to know more
about how manufacturing visibility can help your
business, please feel free to get in touch with
us. If you are interested in achieving
manufacturing excellence, please feel free to
check out Inteliiots Manufacturing Intelligence
(MI) solution. MI is an integration of a
software application called Asset Intelligence
Platform (AIP) and the hardware collecting the
data from industrial assets and transferring it
to the database. This data is analyzed and
displayed on dashboards and reports of the AIP
which enables companies to have a holistic view
of the different aspects of manufacturing through
a single platform. Inteliiot is a tech-enabled
company that unleashes the power of IoT to help
you improve your business using various services.
By helping our customers create more goods and
services while using fewer resources, we at
Inteliiot are contributing towards building
leaner and more responsible supply chains.  
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