Category: Internet of Things
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How the Internet of Things Can Shorten Lead Times
A new study in Modern Materials Handling reports that 86% of industrial organizations are currently adopting IoT (Internet of Things) solutions, and 84% believe those solutions are very or extremely effective. Manufacturers lagged behind the industrial segment as a whole, with only 77% of manufacturers implementing IoT in their facilities. So, what is holding manufacturers…
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How the Internet of Things Can Help You Lower Inventory Levels
McKinsey Global Institute predicts the Industrial Internet of Things (IIoT) will have an economic impact of up to $11 billion by 2025. As much as $3.7 billion of that is expected to come from manufacturing improvements in things like operations management and predictive maintenance. The word seems to have gotten out. In a 2016 study…
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Modern Metrics
How Technology Has Changed What We Measure The two areas of my working world are embracing technology like never before: Marketing and manufacturing. While digital content and automated technologies gave birth to the modern marketer, a more real-time, digitally connected enterprise is driving modern manufacturing strategies like the Factory of the Future, Smart Manufacturing and…
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Five Key Elements that Drive Manufacturing Flow
If you follow the Demand-Driven Matters blog, you know we specialize in Demand-Driven Manufacturing and have identified the two key components of this method as synchronization and flow. At an enterprise level, synchronization is all about fully connecting your organization to aggregate and share information in real-time. Data from machines, tools, applications, enterprise systems –…
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Manufacturing + Technology = A More Unique You
Communicating your distinct value Manufacturing and technology are merging like never before. We’ve all read about how manufacturing will transform through concepts that include Industry 4.0, the Factory of the Future, Smart Manufacturing and the Industrial Internet of Things (IIoT) – all of which are enabled through technology. These concepts are big. They’re exciting. And…
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The Industrial Internet of Things (IIoT) and the Modern Marketer
For your customers, it’s more than just connectivity I was recently reading about the Industrial Internet of Things as it relates to my business—manufacturing software. It’s exciting that technologies are now available that will liberate manufacturers from the rigid systems and processes of the past. For today’s manufacturer, the IIoT boils down to the ability…