The 4th Industrial Revolution is a fact and the changes it brings are great in every part of the processes of an Industry. New technologies are entering throughout the manufacturing process. There is no doubt that the same technologies help reduce costs, accelerate production time, increase flexibility and finally better customer service.
1 Employee Safety Becomes a Top Priority
It almost goes without saying that worker safety is the top trend of our time. Workplace safety has, of course, always been a priority for manufacturers, but it takes on new importance in light of the pandemic.
In addition to basic safety precautions such as distancing between workstations and disinfecting areas, manufacturers must closely and carefully control who enters and exits their facilities. It is also important to have control over which people or equipment they interact with.
2 Preventive Maintenance of Equipment
A potential production outage is costly for an industrial plant from many perspectives. Repair costs, lost productivity, and downtime are some of them.
98% of organizations report that one hour of downtime costs over €80,000.
Preventive maintenance also ensures that equipment is operating at optimal levels of performance. Finally, it is a fact that preventive maintenance reduces unplanned downtime and extends the life of the machine.
3 Sustainability and Waste Management
In today’s industry, the term waste replaces the term “revenue stream”. It is true that the Circular Economy model assimilates the Supply Chain. Thus, companies realize that materials such as paper, plastics, industrial scrap have value. In addition to the economic benefit, reducing the environmental footprint is among the goals of many companies.
4 Industry Closer to Big Data
The interest in IoT and the increased emphasis on predictive maintenance means that big data is a trend that is more necessary than ever. In the coming years, it is likely that every surface will be a sensor for collecting data. This will aim to have real-time information for manufacturers. The ability to collect data from many sources, combined with the ever-increasing computing power, allows for a comprehensive understanding of their business.
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