LEAN
The evolution of the modern manufacturing industry
Written by : DAVID PETRUCCI , VP Manufacturing Analytics , Genpact
THERE IS NO doubt that the rebirth of robotics and automation is transforming the manufacturing landscape . As emerging IoT technologies are integrated into plant floor processes , operations can be run more efficiently , reducing costs and increasing the speed of production output .
However , the industry needs to continue to adapt . Currently , operations are focused on “ Big Data ” software and device level processes , and many decision makers aren ’ t taking a step back to examine how to implement new transformative advanced analytics into their daily operations .
Integrating Internet of Things hardware into plant floor processes The first generation of the Internet of Things is already here , with smart sensors and intelligent devices within products such as connected cars , connected homes and aeroplanes . However , manufacturers rarely incorporate the Internet of Things ( IoT ) into their own manufacturing processes . I believe that over the next few years the ‘ Internet of Things ’ will have a large role in
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