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Introducing Simio Sync 2021 Digital Transformation Conference

Less 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. Thus, Simio Sync was born…and we are delighted to announce the 4th annual event with a little twist; Simio Sync …

Navigating Disruptions in the Manufacturing Industry with Risk-based Simulation and Scheduling

There’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 trade policies and increased demand for accountability from customers has created uncertainties. The disruptive influence of these uncertainties has led …

The Roadmap to Implementing Digital Transformation for C-level Executives in Manufacturing

The 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 and provide insight to make better decisions. Sadly, 7 out of DIY digital transformation initiatives fail which calls for an …

5 Things to Look Out for in the Right Digital Twin Solution for Manufacturing

Slowing 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 later humanity found itself in the same situation. Productivity growth across the industrial sector fell from 2.9% from 1995 – …

From Disorder to Insight: The Road to a Digitally Transformed CPG Industry

Imagine a manufacturing enterprise churning out billions in revenue from selling approximately 5,000 different consumer packaged products relying on pen and paper analysis to make complex decisions? Sounds alarming right? This scenario highlights, to an extent, the current situation in the consumer packaged goods industry. According to a survey, although 25% of enterprises in the …

3 Ways Digital Transformation Support Nuclear Energy Upgrades

Nuclear power has staked its claim as one of the most adopted clean energy sources used across the world. The widespread adoption of nuclear power is due to its ability to serve as an adequate energy source for both domestic and large scale industrial uses, unlike other competing clean energy options. In the United States, …

4 Ways Enterprises can Build On Covid-19 Digital Transformation Efforts in 2021

2020 was the year the digital transformation came of age. Before Covid-19, digital transformation strategies across all sectors including manufacturing, healthcare, and the educational industry had approximately 3 – 5 year plans for achieving digital transformation goals. In many cases, these goals focused solely on digitizing record keeping, data manipulation, data transfer, and storage but …

Simulation and Risk-based Scheduling in the Industry 4.0 Era

In 2019, an industrial facility struggled with optimizing its schedules, maximizing resources, and cutting down on astronomical production costs due to the complex nature of its manufacturing process. The facility relied on a high-mix and low-volume manufacturing process with sequence-dependent setup times which added an extra level of complexity to its manufacturing processes. To eliminate …

Enhancing Innovation and Agility with Digital Twin Technology in the Manufacturing Industry

Gartner’s 2019 “Application Strategies & Solutions Summit” highlighted the challenges manufacturers face in a world that continues to demand more accountability from the manufacturing industry. The discussed challenges included the need to increase revenue growth, enable greater agility with existing manufacturing processes and resources, and getting more value from plant floor data. During the conference, …

Creating Digital Twins in Diverse Industries with Simio

In an offshore Oil and Gas facility near Norway’s coastlines, engineers struggled with optimizing the use of assets, increasing production, and ensuring the safety of operators within the field. The remote nature of the Oil and Gas facility meant decision-making was shared between both the off-shore team and stakeholders at the on-shore side of things. …

Spending on Data Tools Expected to Jumpstart the Manufacturing Industry Post-Pandemic

Getting the manufacturing industry to its pre-pandemic levels is one challenge majority of CIOs have to deal with as economies open up. On top of the challenges Covid-19 brings, stakeholders in the manufacturing industry must grapple with supply chain disruptions, the political fallout from tariffs and a likely trade war on the horizon. The listed …

Remote Facility Monitoring with Digital Twin Technology

The lights out factory, industrial automation, the Industrial internet of things, and digital twin technology highlight the effort mankind has made to reduce to simplify facility monitoring and management challenges. These efforts have led to industry 4.0 and today, there’s no better time than now to explore the reach of emerging technology in delivering employee …

Speaker Announcements for Simio Sync Digital Transformation

Simio Sync 2020 is a meeting of like-minded professionals within the digital transformation space and as the event date gets closer, periodic announcements introducing speakers at the event will be provided. Today, we are pleased to announce the addition of expert speakers to the event line-up. These speakers bring decades of experience in diverse industries …

Best Answers to Commonly Asked Risk Analysis Questions

Many managers don’t understand what exactly risk analysis is.  We put together some of the most common questions with responses for you. What does the risk percentage mean? The risk percentage approximates the on-time probability for an order with appropriate consideration of the number of replications or “experiments.”  It tells the user how confident they …

Effective Factory Scheduling with a Simio Digital Twin

Introduction In today’s world, companies compete not only on price and quality, but on their ability to reliably deliver product on time.   A good production schedule, therefore, influences a company’s throughput, sales and customer satisfaction.  Although companies have invested millions in information technology for Enterprise Resource Planning (ERP) and Manufacturing Execution Systems (MES), the investment …

Forward Scheduling: What is it and how does it differ from backwards scheduling?

Simio is a forward scheduling simulation engine.  We do not support backwards scheduling.  We have found the backwards scheduling approach fails to represent reality, thus generating an infeasible plan that is unhelpful to planners.  Many of our customers have learned this lesson the hard way.  The underlying principle of forward scheduling is feasibility first.  A …

Integrating Digital Transformation to Enhance Overall Equipment and Facility Efficiency

The digital transformation of traditional business process and the assets that run them have become one of the raves of the moment. A Forbes-backed research highlights just how popular the topic of digital transformation and the tools needed to accomplish it has become. Statistics like the fact that 55% of business intended to adopt digitization …

Industry 4.0 Revolution: Understanding the Digital Twin and Its Benefits

The world is moving toward an era of more efficient business operations driving by automation. This was one of the key messages of Mitsubishi Hitachi Power Systems CEO, Paul Browning, at the just concluded 2019 CERAWeek held in Houston. Paul Browning, who was the keynote speaker on the ‘digital transformation agenda’, spoke about Mitsubishi’s use …

Digital Twin Technology: 5 Challenges Businesses Face By Overlooking It

A Disruptive technology is a product, concept or service that has the ability to redefine the traditional way of doing things.  Today, the digital twin concept is being hailed as a disruptive technology with the capacity to change how we design, solve complex problems and collaborate. In fact, a Gartner Report predicted that by 2021 …