As supply lines begin to stabilize and manufacturing companies come to terms with the “next normal” of new logistics complexities and freight costs, there’s a renewed focus on risk mitigation and efficiency. How can businesses improve operations to increase product yield or production line throughput and, in turn, boost their bottom line?
Emerging digital manufacturing technology such as robotics and machine learning offer the potential to significantly impact operational efficiency. The precursor to meaningful machine learning is data collection.
The challenge lies in enabling these efficiencies and hinges on the collection and understanding of manufacturing data at scale. Where are current processes enabling greater efficiency, and where are they hindering performance?