In the same way that a product development involves prototyping, the production process for manufacturing that product should also be optimized for maximum efficiency and productivity.Discrete Event Simulation (DES) software approximates the manufacturing process into individual events, so can be used to model each step in manufacturing process for overall performance optimization.
The IT innovations of Industry 4.0 allow data collected from its digitalized component systems in the Smart factory to be used to simulate the whole production line using Discrete Event Simulation software.
Real time information on inventory levels, component histories, transport, logistics and much more can be fed into the model, developing different plans and schedules through simulation. In this way, alternative sources of supply or production deviations can be evaluated against each other while minimizing potential loss and disruption.
When change happens, be it a simple stock out or equipment breakdown or an unexpected natural disaster on a huge scale, Discrete Event Simulation software can produce models showing how downstream services will be affected and the impact on production. Revised courses of action can then be assessed and a solution implemented.
The benefits of using Discrete Event Simulation software to schedule and reduce risk in an Industry 4.0 environment include assuring consistent production where costs are controlled and quality is maintained under any set of circumstances.