A “smart factory” is a lot like the factory you have today, only now the factory is able to tell you what is being produced and how fast, at the same time it is doing it. More advanced equipment can also intake new instructions on the fly, allowing real-time measurement and production schedule adjustments through connected systems. New technologies to monitor equipment and connect with other information systems allow us to utilize some of our favorite problem-solving tools more efficiently and accurately. Lean Manufacturing, Six Sigma and other process improvement tools can now be used to drastically improve processes and reduce costs. A smart factory can collect these types of measurements and analyze them as they happen. So while new technologies are certainly exciting on their own, it is when you combine these new technologies with our existing problem-solving tools that you start to see real value.
Casey Greer - Amada America
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