The introduction of Industry 4.0 in 2011 could be seen as a necessary measure to wake up a declining industry. The decade before its introduction saw global manufacturing productivity drop to 1% and to spur...
Read MoreThe introduction of Industry 4.0 in 2011 and the digital transformation that enables it led to an influx of new technologies to optimize traditional processes in the manufacturing industry. Artificial intelligence, which was predominantly utilized...
Read MoreLess than a decade ago, the greatest minds in the field of simulation modeling, scheduling, and all things digital transformation came together and agreed to share their knowledge directly with individuals interested in their field....
Read MoreDiscussions about optimizing productivity and performance in the manufacturing industry are usually centered on the assets within the shop floor. Although the equipment that drives production cycles play major roles in optimizing productivity, attention must...
Read MoreThere’s nothing certain but the uncertain. This ancient proverb coined the events that happened in 2020 and its effects which continue to spill over till this day. In manufacturing, a pandemic, drastic change to decades-old...
Read MoreDuring the financial crisis of 2009, the United States’ largest automobile manufacturer, General Motors, filed for bankruptcy. According to the Harvard Business Review, the reasons gives included making cars no one wanted, slowness to innovate,...
Read MoreIf you’re reading this, you’ve probably heard that the digital twin can enable your manufacturing facility: Optimize its operations and production cycles to go to market faster leverage data-driven analysis to make better decisions that...
Read MoreThe digital transformation of operational processes has become the most discussed topic in the manufacturing industry. Everyone from the shop floor operator to C-level executives is interested in applying digital transformation technologies to ease operations...
Read MoreSlowing productivity has always been the harbinger for the application of new ideas to deliver growth. Providing enough products to cater to an expanding population was crucial to establishing the first industrial revolution and centuries...
Read MoreWhen it comes to digital transformation, the healthcare industry can be said to have taken to digitalization as a duck takes to water. Today, the healthcare industry comes third in the roll call of industrial...
Read MoreConsumers accustomed to excellent customer services when making online purchases from retails stores have begun to expect similar excellence from more traditional industries. The pharmaceutical industry, which has existed centuries before e-commerce became a thing,...
Read MoreCircumstances beyond human control are bound to happen now and then as the blockedSuez Canal shows. Since the news broke of the Ever Given’s, a 220,000-ton container ship, blockade of the canal approximately 140...
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