Manufacturing Magazine December 2023 | Page 61

“ Labor shortages , demand and cost volatility , and unpredictable markets . These are just some of the challenges manufacturers face . Meanwhile , they must ensure operations run better , faster , and more sustainably . The question is : how ?”
Turn volatility into opportunity

Disruption is the new normal for manufacturers . Now what ?

“ Labor shortages , demand and cost volatility , and unpredictable markets . These are just some of the challenges manufacturers face . Meanwhile , they must ensure operations run better , faster , and more sustainably . The question is : how ?”

Rashesh Mody , Executive Vice President , Business Strategy & Realization at AVEVA

Turn volatility into opportunity

To succeed in an uncertain world , you must do more with less — and that starts with data . Now , you must optimize every investment , which means collecting the right data to ensure users can make actionable , real-time decisions . With the right digital manufacturing ecosystem , including SCADA , HMI , and MES , you can unlock new insights and new levels of collaboration — and turn volatility into opportunity .
Here are five ways that a digital manufacturing ecosystem can enable resilient transformation .
Give users the insights they actually need Excel spreadsheets ? No thanks . A modern digital manufacturing ecosystem gives users relevant insights anytime and anywhere so they can troubleshoot and solve problems and predict asset behavior — all before failure occurs .
Paint a clear ( and big ) picture Users need more than just a small slice of information — they need the big picture . From real-time performance data to maps to asset documentation , a digital manufacturing ecosystem gives users the holistic view they need to make decisions that matter .
Operate at the speed of real time Yesterday ’ s insights are yesterday ’ s news . As you collect even greater amounts of data , your users need to access and analyze that information in near real-time . A digital manufacturing ecosystem creates a connected view that simplifies data analysis .
Close the gap As you struggle to attract new talent , your users must do more with less . By taking a streamlined , data-driven approach , you can facilitate knowledge capture and enable new ways of collaboration with users both inside and outside the organization .
Enable agile , responsive operations Unpredictable markets require unprecedented agility . Modern manufacturing solutions aggregate and structure data so it can be used in artificial intelligence and machine learning models , and be visualized alongside other pertinent information , such as financial data .
Learn more about how you can turn volatility into opportunity with AVEVA Seize your moments